Organizational culture are simply regarded as a system of shared beliefs and values that rises within an organization and shapes the behavior of its members.
- The benefit of division of labor is that complex tasks can be parceled out to specialists, improving productivity, which results in greater efficiency.
Division of labor or simply called work specialization is the sharing of work among employees of an organization.
It allows arrangements of work so as to have greater efficiency, complex work effort to be divided out and performed by experts and also task is done by different people.
Conclusively, Division of labor involves sharing work bit by bit to expert of an organization who perform the job with greater efficiency.
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Answer:
The effect of increasing the money supply on inflation
Explanation:
Economics can be classified into two (2) categories, namely;
1. Macroeconomics can be defined as the study of behaviors, performance and factors that affect the entire economy. Hence, it focuses on aggregate phenomena such as price level, economic growth, Gross Domestic Product (GDP), inflation, unemployment and national income levels with respect to the central bank, demand or supply shocks, government policies, aggregate spending and savings.
2. Microeconomics can be defined as the study of the effect of price and quantity levels through interactions between individual buyers and sellers in various markets.
Hence, it is focuses on analyzing or evaluating the decisions of consumers (buyers) and those of firms (sellers) such as methods of production, pricing; and the manner in which government policies affect those decisions.
In conclusion, microeconomics focuses on all of the aforementioned statements except the effect of increasing the money supply on inflation because it is a macroeconomic factor.
Answer:
Option D is correct
Explanation:
The company is liable for proper communication of cautions, defective designs and production processes that she uses to manufacture the product but it is not liable for the the consumer unforeseeable misuse of a fan. Because it is not associated with the duty of care. I also have a duty of care to myself like you have to yourself. If I have struck myself with a hammer then it unjustifiable to sue the company. I am misusing that hammer. I don't have the license but still I am driving car, it means I am misusing the asset. This means some operations are restricted by law and some are implicitly restricted.
Answer:
1. 6,944 units and $833,333.33
2. $1,080,000 and 22.83%
Explanation:
The computations are shown below:
1. Break-even point in units
= (Fixed expenses ) ÷ (Contribution margin per unit)
where,
Contribution margin per unit = Selling price per unit × contribution margin ratio
= $250,000 ÷ $36
= 6,944 units
Break-even point in sales
= (Fixed expenses ) ÷ (Contribution margin ratio)
= $250,000 ÷ 30%
= $833,333.33
2. For margin of safety and margin of safety ratio:
Margin of safety = Expected sales - break even sales
where,
Expected sales = (Operating income + fixed expense) ÷ (contribution margin ratio)
= ($74,000 + $250,000)
= ($324,000) ÷ (30%)
= $1,080,000
So, the margin of safety would be
= $1,080,000 - $833,333.33
= $246,667
Margin of safety ratio = Margin of safety ÷ total sales
= $246,667 ÷ $1,080,000
= 22.83%
Answer:
Gentrification can cause low rents, immigration, and increasing population.
Explanation: