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BabaBlast [244]
3 years ago
5

Jim is CEO for a company that produces filing cabinets and office furniture. He uses when determining that in order to increase

production by 20% next year, the company will need to hire 10 new employees.
Business
1 answer:
Anon25 [30]3 years ago
3 0

Answer:

planning

Explanation:

Based on the information provided within the question it can be said that in this scenario Jim is using the function of planning in order to determine this. The planning management function focuses on thinking ahead in order to set things into motion so that everything functions accordingly and efficiently in the future. Which is what Jim is doing by stating that in order to increase the production by 20% like they need, they have to hire 10 new employees.

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4 0
3 years ago
Which country does not claim ownership of the invention of churros?.
Juli2301 [7.4K]

Answer:

Mexico

Explanation:

The history of the churro is the subject of much debate. Three countries claim ownership of the snack: Spain, China, and Portugal.

8 0
2 years ago
A certain firm produces and sells staplers. Last year, it produced 7,000 staplers and sold each stapler for $6. In producing the
Crank

Answer:

Economic loss=$(28,000)

Explanation

Accounting profit is the difference between total revenue and explicit cost.

Explicit cost refers to all cash and non cash cost incurred to produce the goods and services

Economic profit = sales revenue - explicit cost - implicit cost

Implicit cost is the opportunity cost - the value of the next best alternative sacrificed to produce the product.

The opportunity cost in the case is the worth of the offer to work elsewhere which is equal to $25,000

Economic profit = (7,000× 6) - 45,000- 25,000=$ (28,000)

Economic loss=$(28,000)

8 0
3 years ago
Your portfolio consists of $50,000 invested in Stock X and $50,000 invested in Stock Y. Both stocks have return of 15%, betas of
NARA [144]

Answer:

B) Your portfolio has a beta equal to 1.6, and its expected return is 15%

Explanation:

Since the correlation coefficient between both stocks X and Y is zero, when one stock has an expected return a little higher than 15%, the other stock will have an expected return a little lower than 15%, so both variations basically cancel out each other. So the average expected return for both X and Y will be 15%.

7 0
3 years ago
It is estimated that 100,000 fans will attend a football game. Forty-two percent of them will not be able to park at the stadium
egoroff_w [7]

The answer is: 30 Trips


Total fans = 100,000

<u>The amount of fans that need satelite parking </u>

= 100,000 x 42%

= 42,000 fans


<u>There are 20 buses and each of them can carry 70 fans in one trip. So the maximum number of fans that all of them can carry in one trip:</u>

= 70 x 20

= 1400 fans


<u>Total trips that each bus need to take all fans to stadium </u>

= 42,000 / 1400

= 30 trips

4 0
3 years ago
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