Answer:
$262.50
Explanation:
Multiply $350 by 0.75 since it is 25% off and the remaining is 75% to get the answer of $262.50.
Answer:
Common Resource
public good
private good
Explanation:
A club good is a type of public good. It is excludable but non-rivalrous. For example paid streaming services are an example of a club good. Those who do not subscribe are excluded from using the service. But all subscribers have equal assess to the service
A public good is a good that is non excludable and non rivalrous. Everyone has assess to the statue and because one person is enjoying the view of the clock does not means another person cannot enjoy the view of the clock
A private good is a good that is excludable and rivalrous. They are usually exchanged in the market by private sector businesses. It is only you who purchased the drum set and those you allow that can use the drum set.
A common resource is a good that is non excludable but rivalrous. The bike in the fitness room is an example. Because the gym is open to anyone, it is non excludable. Only one person can use it at a time, thus it is rivalrous
Answer:
The number of labor employed by the plant is 160
Explanation:
The computation of the labor employed at the plant is shown below:
= Yearly production ÷ (labor hours per month × productivity × month per year)
= 57,600 ÷ (200 hours × 0.15 × 12)
= 57,600 ÷ 360
= 160
Hence, the number of labor employed by the plant is 160 and the same is to be considered
We simply applied the above formula
Quantitative management emphasizes the use of accounting to provide the needed internal controls related to inventory. This statement is false.
<h3>What is Quantitative management?</h3>
It should be noted that quantitative management is the use of mathematical techniques to select stocks.
Professionals may arrange and comprehend statistics using quantitative procedures, which are research approaches used to examine quantitative data. This enables them to make wise decisions. It assists managers in creating information systems that convey information about activities taking place both inside and outside the firm.
In this case, Quantitative management emphasizes the use of mathematical and computer simulation.
Therefore, the information regarding accounting is false.
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The answer is Deming management.
Deming management is a type of management that focuses on building and maintaining organizational structures that produce high-quality results.
It involves putting management scholar W. Edwards Deming's principles into practice.
Deming defined management as the establishment and ongoing development of organizational systems.
Customers of the company's goods or services will receive a raise in value as a result of the deployment of such a creative and improved management system. In today's globally competitive environment, which is characterized by quickly evolving technology and customers' aspirations for greater standards of values, continuous improvement is crucial to the management system.
Continuous improvement is the process of constantly refining and enhancing organizational processes, services, and products to produce better value for customers.
Hence, According to Deming management, managers should fix an organization's problems by improving its structure, culture, and work rules while treating employees well.
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