Answer: 1a. A supply chain is the summation of processes involved in ensuring that goods manufactured by a company gets to the final consumer.
Explanation:
1b. Managerial Accountants can improve the supply chain by looking out for hitches in the distribution cycle of goods and being proactive about handling them. Some measures to achieve these are;
1. Effective Logistics Network - All the resources used on logistics such as vehicles, Information technology devices/software, human resources, etc., should be regularly checked to be in good form at all times and equally, efficient.
2. Stock Control - Goods that may be required by costumers at any point in time should always be available.
3. Efficient Payment System - All resources used for payment including bank account information point of sale machines, should be regularly checked to be in good order.
4. Distribution Strategies - A clear cut map should be put in place by the management to facilitate an efficient and prompt delivery system. This can be done by strengthening all departments involved in distribution.
2. Sustainable Practices are those methods of production or initiatives, adopted by companies that seek to limit damage to the environment. An example, is recycling. These practices are geared at ensuring a safer world.
I would invest in a company that discloses their sustainable practices, first, because I believe they are transparent, and secondly because I believe that such companies aim at being enduring companies which are evolving and living up to the demands of a cleaner earth.
Answer:
C. optimal capital labor ratio remains the same
Explanation:
One pilot for each plane implies A = B
Let cost be C
So, isocost line is xA + rB = C
So, xA + yA = C (as L = K)
So, (x+y)A = C
So, A = C/(x+y) =B
Optimal capital labor ratio = B/A = 1 as B =A
Now, wage rate increases to x'
So, isocost line is x'A + yB = C
So, x'A + yA = C (as A = B)
So, (x'+y)A = C
So, A = C/(x'+y) = B
New optimal capital labor ratio =B/A = 1 as B = A
Thus, optimal capital labor ratio remains same because capital (planes) and labor (pilots) are used in fixed proportion.
Thus the answer is
C. optimal capital labor ratio remains the same
Answer:An incorporated business that puts all of its profits back into the business is a corporation. They are used by those common people and it can help the others who need the money. This will secure that the funds of these corporation will be shared also into its members incase of emergency.
Answer:
The answer is A. Standards refer to a company's projected revenues, costs, or expenses
Explanation:
The explanation is the following:
A budget refers to a department's or a company's projected revenues, costs, or expenses, while on the other hand A standard usually refers to a projected amount per unit of product, per unit of input (such as direct materials, factory overhead), or per unit of output.
Standard costing is intensive in application as it calls for detailed analysis of variances.
In standard costing, variances are usually revealed through accounts.
Standard costs represent realistic yardsticks and are, therefore, more useful for controlling and reducing costs.
B.it becomes more expensive to hold money as cash is the correct answer
