Answer:
Job enlargement
Explanation:
Job enlargement means increasing the scope of a job through extending the range of its job duties and responsibilities generally within the same level and periphery. Job enlargement involves combining various activities at the same level in the organization and adding them to the existing job. It is also called the horizontal expansion of job activities. This contradicts the principles of specialization and the division of labor whereby work is divided into small units, each of which is performed repetitively by an individual worker and the responsibilities are always clear. Some motivational theories suggest that the boredom and alienation caused by the division of labor can actually cause efficiency to fall. Thus, job enlargement seeks to motivate workers through reversing the process of specialization. A typical approach might be to replace assembly lines with modular work; instead of an employee repeating the same step on each product, they perform several tasks on a single item. In order for employees to be provided with Job Enlargement they will need to be retrained in new fields to understand how each field works.
The objective of job enlargement is to motivate an employee by increasing his efforts and exposure towards achieving the organizational objectives as set for the job. By doing this, an employee can get a wider range of his or her objectives without his or her job in a repetitious manner. Job enlargement requires the management of the organization to provide their support in providing appropriate training to the employees to make them able to adapt to the enlarged job scope.
Some advantages of job enlargement are a variety of skills, improves earning capacity, and wide range of activities.
- Variety of skills – Job enlargement helps the organization to improve and increase the skills of the employee due to organization as well as the individual benefit.
- Improves earning capacity – with all the new activities a person learns from job enlargement, they are able to try to get a better salary when they apply for a new job.
- Wide range of activities – Employees are able to learn more activities which can help a company save money by reducing the number of employees they have.
Answer:
Flexible budget cost materials and supplies= $2,720
Explanation:
In the flexible budget, we need to multiply the standard quantities by the actual activity.
<u>Standard cost formula:</u>
materials and supplies= 1,950 + 14*x
x= number of vehicles
<u>For 55 vehicles:</u>
Flexible budget cost= 1,950 + 14*55
Flexible budget cost= $2,720
Renter's insurance basic policy costs about $300 a year for around $50,000 worth of protection of your property within the building. In the state of New York.
Answer: $108,000
Explanation:
Given that,
Rent on manufacturing facility = $ 134,000
Office manager's salary = 84,000
Wages of factory machine operators = 64,000
Depreciation on manufacturing equipment = 34,000
Insurance and taxes on selling and administrative offices = 24,000
Direct materials purchased and used = 94,000
Period costs are the costs which are incurred for activities not related to manufacturing.
Therefore,
Period costs includes:
= Office manager's salary + Insurance and taxes on selling and administrative offices
= 84,000 + 24,000
= $108,000
Answer: it is important to consider the costs and benefits of the research effort
Explanation:
Cost-benefit analysis (CBA) is the form of economic evaluation most useful for resource allocation investigation between government-financed activities and within the productive sectors.
Cost analysis is the basis of all economic studies because it quantifies the costs associated with a given intervention. The costs of the program may include, but are not limited to, vaccines, vaccine administration, efforts to address adverse events, and public education. Cost-benefit analysis is an extension of cost analysis that further accounts for the monetary benefits from a policy or program. Benefits are usually calculated as a function of the total cost of a disease in the presence and absence of an intervention. In a cost-benefit analysis, results are usually presented as ratios of the benefits from the intervention to the costs of conducting the program .
