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disa [49]
3 years ago
12

Widget Corp. produced $10 billion worth of goods in the year 2016. If the company had 50 million hours of work in 2016, the prod

uctivity of the company is _____.
Business
1 answer:
FromTheMoon [43]3 years ago
7 0

Answer:

The productivity of the company is $200 per work hour.

Explanation:

Productivity can be measured as the ratio of total output to a single input.

Total output in this case would be value of goods produced, which is 10*10^9 dollars.

Single input in this case would be labour measured in hours of work, which is 50*10^6 hr

Productivity of labor would be: 10*10^9 / (50*10^6) = 0.2*10^3 = $200/hr

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"Cookie jar reserves" can best be described as:_______.A) Buying a lot of chocolate chip cookies, storing them for when you have
TEA [102]

Answer:

C) Overstating or understating allowances and reversing amounts in the future to smooth out net income over time.

Explanation:

Cookie jar reserve is defined as an accounting practice by businesses where the profit a company makes from successful years are reserved to cover up for years with losses. It balances losses from unsuccessful years.

Investors are led to believe that losses in bad years are less than they actually are.

For example not allocating an expense to a particular accounting year but instead allocating it to a year when the company made profits.

In essence it is overstating or understating allowances and reversing amounts in the future to smooth out net income over time.

5 0
3 years ago
What labor-related factors should be considered when deciding where to locate production?
ycow [4]

Answer and explanation:

Labor is one of the main factors that can drive a company to success or failure. When deciding where to locate production the labor-related factors to take into account are labor skills (<em>employees' knowledge</em>), labor costs and productivity (<em>wages and how their levels can affect employees' performance</em>), and labor laws (<em>employees' benefits according to where they work</em>).

5 0
3 years ago
Gamma corporation, an american company, signs a contract with theta corporation, a corporation from another nation, where theta
Zepler [3.9K]

Assuming the options are:

a. Yes, because it is good business to maximize profits, and those Foreign citizens are better off with a job than without one.

b. No, because Gamma has an ethical obligation to make sure that people who work For them, either directly or indirectly, are being treated Fairly.

c. No, because Gamma has a legal and ethical duty to make sure that foreign suppliers maintain working conditions that meet or exceed American standards.

d. Yes, because Gamma cannot be expected to investigate and oversee all of their suppliers, and Gamma is not doing anything wrong

The answer is B. Gamma has a responsibility to ensure that its workers, including those working indirectly for the company, are being treated fairly. This is a key ethical concept in international business, and often a source of controversy, as many large American companies outsource low-cost labor, and often the conditions that these employees work in are far from fair. 

7 0
3 years ago
The process of determining the qualifications of employees needed in a company and then recruiting, selecting, developing, motiv
tigry1 [53]

Answer: Human resource management.

Explanation:

Human resource management is defined as the process of effectively handling employees and potential employees of an organization in such a way that the company's objective can be easily achieved.

6 0
3 years ago
Which investment has the least amount of risk?
exis [7]

Answer:

A. standard deviation = $500, expected return = $5,000

Explanation:

For analysis which investment involved the least amount of risk we need to determine the coefficient of variation i.e. shown below:

As we know that

Coefficient of variance = standard deviation ÷ expected return

A = $500 ÷ $5,000 = 0.10

B = $700 ÷ $500 = 1.40

C = $900 ÷ $800 = 1.125

D = $400 ÷ 350 = 1.143

As it can be seen that investment A has the leas amount of risk hence, the same is to be considered

5 0
3 years ago
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