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larisa86 [58]
3 years ago
11

The production manager in a manufacturing company divides employee work into simple components so each employee can concentrate

on performing one task. This manager is involved in _____.
Business
1 answer:
Nady [450]3 years ago
3 0

Answer:

Specialization

Explanation:

The concept of specialization is to divide the work that must be done into simple parts in which each employee (or a group of them) can focus, make themselves specialists on it, and improve their performance in that tasks. This way, employees can focus in only a simple task, make themselves experts, not worry about something else or something they are not fit for, and then, if every employee does the same in their part, the collective work improves.

It is a concept introduced by Taylor to improve efficiency and has been used for more than 100 years, with excelent results.

You might be interested in
Your local grocery store offers a coupon that reduces the price of milk during the coming week. The regular retail price of milk
Sholpan [36]

Answer:

We do not have enough information to answer this question.

Explanation:

The price elasticity of demand measure the elasticity of anything when there is a change in the quantity demanded of that thing relative to the percentage change in price of it.

The formula for Price elasticity of demand is,

=> Percentage change in QTY demanded / Percentage change in price.

Hence it can be concluded that although we have the change in price but we do not have the quantity mentioned in the question anywhere.

Hope this helps.

Thankyou.

5 0
4 years ago
If the current market rate of interest is 8%, then the present value of this timeline is closest to:
ludmilkaskok [199]

Answer:

$857

Explanation:

Calculation for the present value

Using this formula

Present value = FV / (1+ r)^ n

Let plug in the formula

Present value= 1,000 / (1+.08)^2

Present value= 1,000 / (1.08)^2

Present value= 857.34

Present value=$857 (Approximately)

Therefore the Present value is $857

3 0
3 years ago
It is currently 2018 and you are the mayor of Snowville, IL. Your public works department has determined that your town’s main h
Scorpion4ik [409]

Answer:

the net cost for delaying the project will be of 36,120 dollars.

Explanation:

4,300,000 investment

if delayed will increase by 9%

4,300,000 x 0.09 = 387,000 inrease in cost

this cost will be mitigated by the revenue on the interest.

the funds will be placed at 4% per year during two years:

4,300,000 x (1.04^2 - 1) = 350.880‬ interest revenue

net : 36,120

6 0
4 years ago
ISO 9000 is a certification program attesting that a factory, laboratory, or office has met the rigorous requirements set by the
Semenov [28]

Answer:

True.

Explanation:

ISO 9000 is a certification program attesting that a factory, laboratory, or office has met the rigorous requirements set by the International Organization for Standardization.

Basically, the ISO 9000 is a tripartite continuous process that involves planning, controlling and documentation of quality in a business firm or organization.

This ultimately implies that, the ISO 9000 is a set of standards that typically guides an organization in ensuring that they meet both the stakeholders and consumer requirements or needs with respect to their products and services under statutory and regulatory requirements at a specific period of time.

7 0
3 years ago
Suppose a 95% confidence interval was made to estimate the monthly cost of internet service instead of a 90% confidence interval
Alex

The 95% confidence interval will be wider than the 90% confidence interval.

In statistics, the likelihood that a population parameter will fall between a set of values for a certain percentage of the time is referred to as a confidence interval. Analysts frequently employ confidence ranges that include 95% or 99% of anticipated observations. Therefore, it may be concluded that there is a 95% likelihood that the real value falls within that range if a point estimate of 10.00 with a 95% confidence interval of 9.50 - 10.50 is derived using a statistical model.

  • The level of certainty or uncertainty in a sampling process is measured by confidence intervals.
  • Additionally, they are employed in regression analysis and hypothesis testing.
  • To determine statistical significance, statisticians frequently combine confidence intervals with p-values.
  • 95% or 99% confidence levels are most frequently used in their construction.

Learn more about Confidence interval, here

brainly.com/question/13067956

#SPJ4

6 0
1 year ago
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