Answer: Cash budget
Explanation:
The cash budget is the term which is used to define cash flow in the business as it helps in establishing a specific budget by proper analyzing on the outgoing flow and the inflow in an organization.
Th Cash flow is one of the important concept which is typically used by the various types of organizations for operating all the expenses and the the cash budget is used to avoid the problem of cash shortage.
According to the given question, the Cash budget is basically providing Charlie with some valuable data or information by proper estimation regarding the requirement of firm. Therefore, Cash budget is the correct answer.
Answer:
Is easier to train new employees.
Explanation:
Job specialization can be described as a process in which employees of an organization possess specific skills and knowledge that is needed to carry out a given task or activity.
Job specialization involves the process of training individuals to acquire adequate education and expertise in a specific area so they would be able to perform the task excellently well thereby leading to high productivity and growth of the organisation.
Answer:
B. False
Explanation:
Land held for possible plant expansion would NOT be included as an operating asset when computing return on investment (ROI).
Return on investment (ROI) is used to measure the profitability of an investment. It helps to compare the gain or loss from an investment in relation to its cost.
Return on investment can be used to determine
1. Profitability of a stock investment,
2. Profitability of the purchase of a business investment
3. Profitability of a real estate business
ROI = Net return / cost of investment × 100
Net return= Final value of investment - initial value of the investment
Answer:
The correct answer is A)
Explanation:
When products and or services are manufactured at a level that maximizes social welfare, allocative efficiency is said to have occurred.
A market system characterized as monopolistic competition may <u><em>never </em></u>achieve productive efficiency because firms often fix prices at a point higher than their marginal costs.
Marginal cost refers to the added cost incurred by producing or manufacturing one additional unit of a product.
Cheers!
the Toyota production system identified product defects types of waste to be eliminated.
The manufacturing process used by Toyota Motor Corporation to produce its vehicles is frequently referred to as a "lean manufacturing system" or a "Just-in-Time (JIT) system," and it is now well known and extensively researched.
The Toyota Production System (TPS) was developed based on two ideas: "jidoka" (loosely translated as "automation with a human touch"), whereby when a problem arises, the machinery immediately stops, preventing the production of defective goods; and the "Just-in-Time" idea, whereby each process only produces what is required for the subsequent process in a continuous flow.
For Toyota, jidoka signifies that anytime an irregularity happens, a machine must stop in a safe manner.
Learn more about Toyota Production System, here
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