Answer: Medium of exchange and measure of value
Explanation: Medium of exchange refers to the ability of the money to be taken as a common medium for exchange of goods and services in the form of sale and purchase.
Whereas, measure of value refers to the ability by which different goods and services could be compared in terms of money.
In the given case, Laura purchased a CD using money and also is comparing two commodities in terms of money to purchase.
Hence we can conclude that the given case illustrates Medium of exchange and measure of value .
Explanation:
a. It is common that there are challenges in multicultural companies, communication can be a problem in companies where there are language barriers for example, which can cause significant communication noises that can cause misunderstanding and difficulty integrating a member of a culture different when joining a work team.
b. There are several different cultural values that can directly influence the work environment, the issue of formality for example is a factor that differs from country to country, and the lack of formality of an employee for example can be seen as rude, invasive behavior or unprofessional, when in fact it may just be a cultural feature of countries where the work environment is less informal and more flexible.
c. To make communication more effective, it is necessary to prepare the organization, that is, the development of policies, organizational culture and programs aimed at inclusion and respect for the different cultural values present in the organization.
It is essential that the company prepare its managers and employees to receive workers from other countries, developing a favorable environment for the exchange of positive experiences, aimed at integration, collaboration and ethical behaviors.
Answer:
Fayolism
Explanation:
Based on the information provided within the question it seems that the management of Mason Mills reflects the ideas and principles of Fayolism. This is a management theory developed by Henri Fayol, which states 14 principles explaining how management should communicate and lead their workers. Many of which state the importance of organization within the business in order for workers to know who to report to and keep everything running efficiently.
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Answer:
The correct answer is letter "E": economies of scale.
Explanation:
Economies of scale mean productivity becomes more efficient as the number of goods produced increases. In most cases, companies that achieve economies of scale lower the average cost of their products by increasing production which is due to the spread of fixed costs required to produce the product among a large number of goods. Lower production costs typically represent lower prices for consumers.
Answer:
Conversion Costs per unit = $ $599,123/ 110080= $ 5.442
Explanation:
Conversion costs of $ $599,123
Units % of Completion EUP
D.M C.C D.M C.C
Units completed 106,000 100 100 106,000 106,000
<u>Ending Inventory 13,600 100 30 13,600 4080</u>
T<u>otal Equivalent Units Of Production 119600 110,080</u>
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Conversion Costs per unit = $ $599,123/ 110080= $ 5.442
Another way of finding out is through using the beginning inventory and the units started but as we do not have the % of completion for started units it cannot be computed.