Answer:
Before, During and After Processing
Explanation:
Technology can be used to track availability of materials for production <em>before</em> beginning of processing. If materials have fallen below desired level, use of technology can help notify the requisition department on time.
<em>During</em> the process technology can be used to keep track of completion stage of work - in - process materials.
<em>After</em> processing, use of technology can help communicate the availability (in-stock) of finished products which are needed by customers.
Answer: To include diversity within the work environment, the following actions can be developed:
1- Establish a policy at the level of human resources to hire a specific number of women, mens, nationals and foreigners.
2- Dedicate one or several days a year to show the different cultures that remain in the company.
3- Place signs in the work area such as walls, wallpapers on the work site inherent in diversity.
Answer:
Hedging increases value of a company through:
Reducing costs of financial distress.
Explanation:
Hedging is a risk reduction and management strategy, which a company employs to offset or reduce its losses in investments by assuming opposite positions in some related assets. The reduction in risks through hedging results in some reduction in the profitability of the investments, based on the basic understanding of risk-return trade-off. Hedging strategies are done with derivatives, such as options and futures contracts.
Contribution format income statement
Contribution margin income statements refer to the statement which shows the amount of contribution arrived after deducting all the expenses that are variable from the total revenue amount. Then, further fixed expenses are deducted from the contribution to get the net profit/loss of the business entity.
break-even point
The Break-Even Point The break-even point (BEP) in economics, business —and specifically cost accounting —is the point at which total cost and total revenue are equal, i.e. "even". There is no net loss or gain, and one has "broken even", though opportunity costs have been paid and capital has received the risk-adjusted, expected return.
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