Tactical managers are often known as the middle manager.
Manager in the middle. Middle-level managers are superior to front-line managers and team leaders. They are responsible for transforming the basic goals and plans set by strategic managers into more particular objectives and activities. They are also known as tactical managers.
Furthermore, the middle manager serves as a communication conduit inside the business, relaying significant leadership decisions and the organization's principal goals to lower-level personnel. This adds to greater worker collaboration and makes a firm more cohesive.
Therefore, the answer is middle manager.
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I believe the answer is: c. nominal variables are measured in market prices; real variables are measured in quantities of goods and services.
the nominal value of a certain good would be fluctuated (could either increased or decreased) depending on the power of the supply and demand in the market. the real value on the other hand is valued using the price of a base year.
Answer:
Does not have the ability to control the price of the product it sells
Explanation:
A price taker is a firm that doesn't have the ability to control the price of the product they sell.
Price taker exist in a perfectly competitive market where individual firms cannot dictate prices of goods and services.
A perfectly competitive market is characterised by
1) presence of large number of buyers and sellers.
2) There is free entry and exit.
3) Sellers sell homogenous product, that is, identical product.
4) Buyers have access to information.
In contrast to price taker, we also have price makers who have the ability to control the prices of product they sell.
Answer:
a. True
Explanation:
The formula to compute the total direct labor budget for the budget time period is shown below;
Total direct labor budget = Total direct labor hours required × direct labor wage rate
Through multiplying the direct labor hours required with the direct labor wage rate we can get the total direct labor budget and the same is to be considered
Hence, the correct option is a. True
