The False statement is " An annual financial report must be filed with the state of California's Department of Insurance "
Explanation:
The 1974 Employee Retirement Income Protection Act is a federal tax and labour statute on pension schemes in privately owned industry. This provides guidelines on the federal revenue tax effects of employee benefit arrangements activity.
Congress has promulgated ERISA to create a uniform federal legislation regulating benefit arrangements for workers. ERISA restricts states ' ability to enforce laws on welfare benefits for workers, including health insurance coverage provided by the government.
Under ERISA, a social welfare plan is an employer's medical, surgical or hospital care plan, program or fund to provide. Sickness benefits, injury benefits, disability insurance or death benefits. Payments for unemployment.
Complete Question:
If a firm that repairs both motorcycles and cars is able to do so at a lower cost than a firm that repairs only one or the other, this would be an example of __________.
Group of answer choices
A. economies of scope
B. economies of scale
C. monitoring
D. increasing transactions costs
Answer:
A. economies of scope
Explanation:
If a firm that repairs both motorcycles and cars is able to do so at a lower cost than a firm that does only one or the other, this would be an example of economies of scope.
Economies of scope can be defined as an economic factor which makes proportionate savings possible as well as reducing the cost of production when products are manufactured together instead of manufacturing them individually or separately.
The answer to this question is the "MATRIX". Because of the problems associated with their conflicts over schedules, budgets and available resources including the personnel or the employees, MATRIC departmentalization often evolves from a simple form to a more complex and wider form which needs a thorough review, analysis, and study. This has been proposed and used to a lot of offices and organization.
The package software company, intuit, bought mint.com as one strategy for anticipating the future and avoiding disruptive innovation.
A disruptive innovation is one that makes products and services simpler and more accessible to underserved or untapped markets.
Traditionally, established businesses focus on refining their goods and services for their lucrative clientele, usually ignoring the requirements and preferences of undeveloped markets. This lack of focus allows smaller businesses or newcomers the opportunity to reach this disregarded group with easier, more accessible choices.
On the other side, sustaining innovation refers to the practice of inventing to improve current goods and services for the client base already present, either in response to consumer or market demands.
To know more about disruptive innovation.
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Answer:
1755 units are ordered
Explanation:
given data
Daily demand = 100 units
standard deviation = 25 units
review period = 10 days
lead time = 6 days
stock = 50 units
service probability = 98 percent
to find out
how many units should be ordered
solution
order quantity is calculated in fix time period formula is express as
q = .........................a
here L is lead time and R is review time and σ is standard deviation and I is stock and d is Daily demand
so first we find here standard deviation that is
...................1
so the value of z is for 98 % service probability is 2.05
so put here value in equation 1
q = 100 × ( 6 +10) +(2.05) × 100 - 50
q = 1755 units
so 1755 units are ordered