Answer:
Specialization and division of labor improve the production process.
Explanation:
Division of labor can be described as splitting down a cycle of production into separate roles and duties to be conducted by individuals who cooperate. It leads to specialization which separates each part within a system. Therefore both are interconnected. Specialization refers to a production method in which an enterprise or area focuses on producing a limited range of products or services in order to obtain maximum degrees of productivity growth throughout the enterprise or business system. These mechanism improves production standards, leads to greater skills, and result in less fatigue.
Answer:
Option A is correct
Explanation:
R = [P*(r/12)]/[1-(12/(12+r))]^(12*r)
t = time = 25 years
P = initial principal = 125000
R = initial interest rate = 9.75
So therefore:
R = 125000* (0.0975/12)/[ 1 - (12/(12+0.975)]^(300)
R = 1015.625/(1-0.088)
R = $1113.62 per month
Compounding R for the first five years = 6205.4
Balance = 125000 - 6205.4 = 118792.7
So therefore with the new rate = 8.75
New P = 118792.7
t = 20
R = 118792.7*(0.0875/12)/[1- (12/(12+0.0875))^(240)]
R = 866.197/0.825
R = 1049.93 = $1050
Answer:
Payback is 19 months
Explanation:
It is a capital budgeting problem. Firm has invested in TQM's Channel Support systems of $1,500,000. It will increase demand of product by 1.7%.
$166385985 x1.7071. = $166389948
Last years sales revenue was $163,608,638. A 1.7% increase will mean the saleswill be -
$166385985- $163608638 = 2781347
Thus increase in sales revenue is-
Now consider contribution margin. From total sales direct variable costs are deducted to get total contribution. It is 34.2% . So extral contribution due to 1.7% increase in sales is-
$2781347 x 34/2%= $95122
Thus increase in contribution margin will also increase profit to the same extent as there is no addition in fixed cost due to this project. So firm will be able to recover $951,221of initial investment of $1,500,000 in one year. Pay back is the time required to recover this full initial investment. It ascertained by dividing $1,500,000 amount by the net addition in profit per year. Answer is-
1,500,000+ 951221= 1.6759yrs x12months= 19months
Answer:
B) Save her money.
Explanation:
The girl's utility of saving her money = √$15 = $3.87
If the girl starts her lemonade business, the expected utility of her investment = (50% x √$5) + (50% x √$27) = (50% x $2.236) + (50% x $5.196) = $1.118 + $2.598 = 3.72
Since the utility of saving her money ($3.87) is > than the utility obtained by the investment ($3.72), the girl should save her money.
Answer:
Masculinity.
Explanation:
Negotiation can be defined as the process in which a buyer and a seller of goods and services reach a compromise on the price or amount of money to be paid. Negotiations in business depicts a win-win situation for both the buyer and seller.
Negotiation is gendered in that the qualities of bargainers such as analytic rationality and strategic thinking are linked to masculinity.
This ultimately implies that, when it comes to negotiating the price of an item or a product, the male bargainers (customers) are considered to be more rational by comparing products with existing products and prices, as well as being strategic in thoughts through the consideration of alternatives.
