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2 years ago

Dealing with the fact that certain aspects of any management situation are more important than others is called

Business

1 answer:

luda_lava [24]2 years ago

3 0

Answer:

Recognition of priorities

Explanation:

Management involves planning, organizing, controlling, supervising, a group of people which could be an entire team, workers or some fractions of workers in an environment to achieve organizational goals. An entrepreneur which is among the factors of production is indeed someone who manages, supervise the other factors of production, keeping an environment in which people work and achieve the goals of production.

Management is a profession and as such skill set to recognizing when some aspects of management becomes important than others and when some goals need to be given more attention to achieving the overall organizational goals can describe as Recognition of priorities.

Recognition of priorities brings some other important aspects of management into focus leaving out the less important ones cancelled or put on hold so as to save time and maximize labor efficiency.

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A program in which a person learns to do a certain job by working with a skilled worker ?

professor190 [17]

Examples of skilled laborers for these jobs include carpenters, construction workers, plaster workers, house painters, plumbers and electricians. Those who work in trade jobs may even work for themselves. Some specialized trade jobs, such as welder, require certification and can pay very well.

6 0

3 years ago

Read 2 more answers

Robert Klassen Manufacturing, a medical equipmentmanufacturer, subjected 90 heart pacemakers to 5,000 hours of testing. Halfwa

scoray [572]

Answer and Explanation:

The computation is shown below:

a. For the percentage of failures is

= Number of failures ÷ number of pacemakers tested

= 4 ÷ 90

= 4.4%

b. For Number of failures per unit-hour of operating time

= Number of failure ÷ total time - non-operating time

= 4 ÷ (5,000 × 90) - (5,000 ÷ 2 × 4)

= 4 ÷ (450,000 - 10,000)

= 4 ÷ 440,000

= 9.09 × 10^-6

= 0.00000909 failure per unit-hour

c. For Number of failures per unit-year is

= Failure ÷ unit year

= 0.0000090909 × 24 hours × 365 days

= 0.07963 failure per unit-year

5 0

2 years ago

PA8.

notka56 [123]

Answer:

750

Explanation:

The number of units in finishing department at the end of the month shall be calculated as follows:

Number of units transferred=Starting wip inventory+units received from molding department-number of units at the end of month.

Number of units at the end of month=Starting wip inventory-number of units transferred+units received from molding department

Number of units at the end of month=700-2,150+2,200

=750

6 0

2 years ago

Jessica does not believe that the methods and processes for determining salary increases in her company are fair. As per this ex

krok68 [10]

Answer:

Procedural justice

Explanation:

Procedural justice is centered on the idea that there should be fairness in the process used in making decision or resolving disputes in a transparent way without being impartial, to ensure the process brings out the right outcomes.

Jessica believes that there’s a problem with the firm’s procedural justice as she believes her firm’s process and methods in determining increase in her salary is not fair enough.

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2 years ago

In the simplified model with proportional taxation introduced at the end of chapter 5, there can be two equilibria, one with a h

Radda [10]

Answer:

answer is given below

Explanation:

Equilibria with high tax rate.

In the high balance tax system, taxes are already high. Make government spending and revenue sources mandatory. and Tax rates decrease.

The income effect leads to an increase in both consumption and leisure, but when the alternative effect is taken into account, higher costs lead to greater employment and greater consumption but leave the party on leave.
Tax base witnesses grow. Output increases but relaxation decreases.

Equilibria with low tax rate:

An increase in government spending leads to an increase in tax rates to increase income sources.
The increase in taxes leads to a decline in consumption and production.
Therefore, the amount of time spent at rest will increase.

3 0

2 years ago