Manuel, an it manager, has been studying the actions that his workers perform in an attempt to improve their productivity Mateo is utilizing. In economics, productivity quantifies output per unit of input, such as labor, capital, or any other resource. For the economy, it is frequently computed as a ratio of GDP to hours worked.
workers productivity can be broken down further by industry to study trends in labor growth, salary levels, and technology advancement. Productivity increase is directly related to corporate earnings and shareholder returns. Productivity is a measure of the efficiency of a company's production process at the corporate level.
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Answer: Option (a) is correct.
Explanation:
Correct Option: Breaking down a large, heterogeneous market into sub markets that are more homogeneous.
Market segmentation is a process or procedure for dividing a large consumer market into sub markets or sub groups and this segmentation is on the basis of consumer's characteristics such as needs, location, interests.
It creates an advantage for the marketer because these market segments makes the job of marketers easier. It also reduce the risk of unsuccessful and unwanted marketer campaigns.
Answer:
Total cost= $955
Explanation:
<u>Giving the following information:</u>
Direct labor cost per hour= $12
Predetermined overhead rate= $18 per direct labor hour
<u>Job M-47 :</u>
Direct material= $355
Number of direct labor hours= 20
Total cost= 355 + 12*20 + 18*20
Total cost= 355 + 240 + 360
Total cost= $955
