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NeX [460]
3 years ago
5

The order fulfillment process involves which of the following functional areas of a​ business?

Business
1 answer:
elena-14-01-66 [18.8K]3 years ago
4 0

Answer:

E. Sales, accounting, and manufacturing and production.

Explanation:

Order fulfillment first takes place in the Sales department - where the Sales team makes known to the customer the products and services available. then the human resources selects talent to help with the production and manufacturing. Accounting function helps determine the cost.

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Mary Jane is a lawyer who can earn $150 per hour in her law practice. She is also an excellent carpenter who can build cabinets
yaroslaw [1]

Answer:

The answer is: A) Mary Jane has a comparative advantage in law so she should specialize in law and hire a carpenter to make her cabinets.

Explanation:

Mary Jane has a comparative advantage by working as a lawyer over working as a carpenter. As a lawyer she can earn $150 an hour.

Considering that Mary Jane is 3 times as fast as a good carpenter, her work as a carpenter could be valued as the combined work of three carpenters. But even three carpenters earn less than a lawyer; $60 an hour ($20 an hour per carpenter times 3 carpenters).

So Mary Jane definitely should work as a lawyer and hire a carpenter or even three carpenters to build her cabinets.

5 0
3 years ago
suppose the fimrs hires each unit of labor for $700 per week, and each unit of output sells for $9. How many workers will the fi
rusak2 [61]

Answer:

The question is missing the amount of output units that each additional unit of labor generates, but we can calculate how many units each additional unit of labor should produce in order to maximize profit.

In order for a firm to maximize its profit, the marginal revenue product (MRP) = marginal cost (MC).

MRP = output units per additional unit of labor x price per unit = U x $9

MC = $700

U x $9 = $700

U = $700 / $9 = 77.78, so we round up to 78 units

In order to maximize profit, each additional unit of labor must generate 78 additional units of output.

6 0
3 years ago
A bank that has liabilities of $150 billion and a net worth of $20 billion must have:
Yakvenalex [24]
Had to look for the options and here is my answer. Given that the bank possesses a liability that is worth $150 billion and its net worth is only $20 billion, then this would mean that the bank must have ASSETS OF $170 BILLION. Hope this answers your question.
7 0
3 years ago
When countries sell off state-owned enterprises and privatize them, it usually results in a(n)A. continuing drain on future natu
babymother [125]

Answer:

C. increase in modernization by new investors.

Explanation:

Privatization is the transfer of ownership of property or business owned by government to a private entity.

Privatization generates capital to be invested in strategic areas and help to reduce the continuing drain on future natural resources. The new private investors causes economic growth by modernizing the acquired property or business from the government.

5 0
3 years ago
If the standard deviation of returns from an investment is zero, then: the risk associated with the investment is more than that
MariettaO [177]

Answer:

the expected return from the investment is higher than that of those investments whose standard deviation is greater than zero.

Explanation:

As for the coefficient of variation which clearly defines the difference in values from the mean value in the data set.

It clearly defines as standard deviation/mean.

Where standard deviation is 0 the coefficient will also be 0 which shall represent the risk associated with it.

The least the coefficient of variation the least the risk with maximum return.

Thus, the correct statement will be concluding that the expected return from this investment will be higher than the returns from the project in which standard deviation is more than 0.

3 0
3 years ago
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