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frez [133]
3 years ago
11

Tesco is saving 3 million usd a year alone in landfill taxes by simply sending its used cooking oil and chicken fat to be used t

o generate bioenergy rather than putting it in a landfill. this is an example of an overall cost leadership strategy because it
Business
1 answer:
mina [271]3 years ago
4 0
<span>This is an example of an overall cost leadership strategy because it helps the business to achieve the lowest operating cost, therefore giving the company a financially competitive advantage over companies competing in the same market.</span>
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The _____ ensures the safety and quality of foods sold across state lines with the exception of red meat, poultry, and egg produ
-Dominant- [34]

Answer:

The correct word for the blank space is: Food and Drug Administration.

Explanation:

The U.S. Food and Drug Administration (<em>FDA</em>) is the agency responsible for regulating foods, medicines, cosmetics, medical equipment, biological products, and blood derivatives. The FDA's main role is to protect public health and to regulate the development and use of new drugs.

4 0
3 years ago
Your company has total wages of $321,000. Your revenue is $976,000. You have just read an industry journal that suggests that wa
VMariaS [17]
The wages are quite a bit higher than industry standard. It's about 33% which is 8% higher.

7 0
3 years ago
A firm that offers tailor-made suits to its customers is appealing to the ____________ dimension of the customers’ utility funct
alexandr1967 [171]

Answer:

Fit dimension

Explanation:

Utility function is the function which is vital that measures the preferences over a set of the services or goods. Utility states the consumer or the customer satisfaction, receiving the consuming and choosing the service or product.

Consumer utility function is the function which states the satisfaction or contentment of the customer. So, if the firm or the company who is offering the tailor made ( which means as per the requirement of the customer), to the customer that appeals the fit dimension of the utility function of the customer as it captures how well the service or the product matches the characteristics of the given customer.

6 0
3 years ago
Herzberg's motivational factors and Maslow's esteem and self-actualization needs are similar. Explain how organizations can meet
Taya2010 [7]

Answer:

Organizations can meet the human needs identified by Maslow by studying and implementing the motivational factors specified by Herzberg.

The similarity of Herzberg's motivational factors and Maslow's esteem and self-actualization needs is addressed by the following questions: "What do people really want from their work?"  "How do organizations go about meeting these needs or ensuring that the needs are met?"

The answer is in the awareness of what workers want from the work they carry out for organizations.  As Maslow stated, people generally have five human needs: physiological needs, safety needs, social belonging, self-esteem, and self-actualization (later described as  transcendence).   It is only when the basic needs (physiological needs, safety needs, and social belonging and love needs) are satisfied  in that order, that workers would seek self-esteem and self-actualization or transcendence.  It is also at this level of seeking self-esteem and self-actualization that organizations would derive the greatest benefits from their workers.  It then behoves organizations to ensure that the basic needs are not denied, but to push forward to help their workers attain self-esteem and self-actualization.

Herzberg's motivational factors show that it is the responsibility of organizations to ensure that their workers achieve a sense of achievement in the work they do.  They should also be recognized for doing good jobs.  The nature of the work should be such that it does not demean the worker.  There should be dignity of labor.  Workers achieve more when they are made responsible for the outcome of their work.   Being assigned responsibilities help them to advance and and grow.  Organizations also need to manage well the extrinsic job elements that Herzberg identified as "hygiene factors," which concentrate on the work environment.

Explanation:

a) Frederick Herzberg identified certain job factors that bring about employee job satisfaction whereas others can create job dissatisfaction. According to Herzberg, "motivating factors (also called satisfiers) are primarily intrinsic job elements that lead to satisfaction, such as achievement, recognition, the (nature of) work itself, responsibility, advancement, and growth."  The dissatisfiers, on the other hand, he called "hygiene factors."   They are "extrinsic elements of the work environment such as company policy, relationships with supervisors, working conditions, relationships with peers and subordinates, salary and benefits, and job security, which can result in job dissatisfaction if not well managed."  An interesting result of Herzberg’s studies was that "the opposite of satisfaction is not dissatisfaction."  Herzberg's studies established that proper management of hygiene factors could prevent employee dissatisfaction, but that these factors could not serve as a source of satisfaction or motivation.  The summary is that motivational factors are quite distinct from hygiene factors.

b) Maslow identified the following hierarchy of human needs: physiological needs, safety needs, social belonging, self-esteem, and self-actualization (later described as  transcendence).  The hierarchy of needs, according to Maslow, show how humans essentially partake in behavioral motivation.   The summary of Maslow's hierarchy of human needs is that "people are motivated to fulfill basic needs before moving on to other, more advanced needs."

8 0
3 years ago
The three methods used to classify costs into their fixed and variable components includes:.
ANTONII [103]

The three methods used to classify costs into their fixed and variable components include:

  • scatter diagrams
  • high-low method
  • regression analysis

<h3>What is a costs classification?</h3>

This refers to the process of separation of a group of expenses into different categories which are used to bring an management's attention certain costs that are considered more crucial than others, or to engage in financial modeling.

Often time, the purpose of cost classification is to allows the manager control processes and cut costs where needed or send more resources to an area of the process that is lacking.

Furthermore, the cost classification also allows the manage to review reports and advise accounting of needed adjustments in cost classification.

Read more about costs classification

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8 0
1 year ago
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