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mylen [45]
3 years ago
9

_____ refer(s) to the act of taking a job traditionally performed by a designated agent (usually an employee) and outsourcing it

to an undefined, generally large group of people in the form of an open call.
Business
1 answer:
spin [16.1K]3 years ago
6 0

Answer:

<u>Crowd-sourcing</u>

Explanation:

Like the term "outsourcing" conveys assigning task performed by own workforce to outside specialized firms, "crowd-sourcing" refers to breaking down a huge project which was initially performed by a single individual, and assigning the small parts to a large group.

Such an activity speeds up the performance of the project as a whole i.e the project gets completed lot more efficiently.

Crowd-sourcing helps a company utilize the skill sets unavailable to it within it's own workforce. Secondly such an activity speeds up the tasks and reduces operational costs.

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Veltri Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.77 direct labor
olasank [31]

Answer:

Total direct labor cost= $122,752

Explanation:

Giving the following information:

Each unit of output requires 0.77 direct labor-hours.

The direct labor rate is $11.20 per direct labor-hour.

Production budget:

October= 7,100 units

November= 6,900 units

Minimum hours= 5,480 hours

First, we need to determine the number of hours required for each month.

October= 7,100*0.77= 5,467 hours

November= 6,900*0.77= 5,313 hours

Direct labor budget:

October= 5,480*11.2= 61,376

November= 61,736

Total cost= $122,752

3 0
3 years ago
An economy produces only apples and oranges. The base year is 2012, and the table gives the quantities produced and the prices
Mashutka [201]
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6 0
2 years ago
The prepaid insurance account had a beginning balance of $4,500 and was debited for $16,600 of premiums paid during the year. Jo
trasher [3.6K]

Answer:

prepaid expense 15,500 debit

prepaid insurance 15,500 credit

Explanation:

<em>The amount of unexpired insurance will be the ending balance of the account</em>

4,500 debit

+ 16,600 premium paid

+/- adjustment

5,600 ending

4,500 + 16,600 - 5,600 = 15,500

8 0
3 years ago
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4 years ago
What happens if you fail to pay your annual taxes?
aleksklad [387]

Answer and Explanation:

Simply enough, the IRS comes for you and charges a failure to pay penalty. The penalty is 0.5% of your previous unpaid taxes for every month. So if you wouldn't want to lose more money, I'd suggest you pay your taxes.

7 0
2 years ago
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