Answer:
The correct answer is Supporting business processes.
Explanation:
A business process or business method is a collection of related and structured activities or tasks that in a specific sequence produces a service or product (meets a particular business objective) for a specific customer or customers. It can often be visualized (modeled) as a flow chart of a sequence of activities with decision points to intersalir or as a process matrix of a sequence of activities with relevance rules based on data in the process. The benefits of using business processes include greater customer satisfaction and greater agility to react to rapid market change. Process-oriented organizations break down the barriers of structural departments and try to avoid functional silos.
Answer:
Dieker Company
Journal Entry:
Debit Work in Process $3,410
Debit Manufacturing overhead $650
Credit Raw materials $4,060
To record raw materials used for production.
Explanation:
a) Data and Calculations:
Job 1 $910
Job 2 $1,700
Job 3 $800 $3,410
General factory use $650
Total $4,060
Transaction Analysis:
Work in Process $3,410 Manufacturing overhead $650 Raw materials $4,060
b) While the summary journal entry is made in Work in Process, the detailed entries are made in Job 1, Job 2, and Job 3 cost sheets.
Answer:
According to the principles of economics, price and supply are positively correlated. That is, price and supply usually move in the same direction.
The obverse is true for Demand and Price. All things being equal, demand would usually go in the opposite direction of price.
Explanation:
In the question above, we have a scenario involving Joint Demand. Joint demand when the need or demand for a commodity arises as a result of the demand for another. Some examples are:
- Mobile phones and the internet (data bundles);
- Motor Vehicles and Engine Oil
The example in the question CD player and CDs is also a great example. Joint Demand is also referred to as Complementary Demand.
When there is a complementary relationship between two products, the rise or fall in the demand of one equals the rise or fall in the demand of the other.
When the price of CD players go up, the demand for it does down while its supply goes up. When the supply of CD players goes up, this will probably create a glut in the market because demand will go down.
When demand for CD players go down, it's complimentary demand -CDs will also experience a low output. In the long run, the prices for both will come down.
Cheers!
Answer:
- Population ecology.
Explanation:
'<u>Population ecology' is characterized as the kind of inter-organizational association in which asserts that the dynamic changes takes places in the level of population as an outcome of the selection of their organization and its failure to replace with the evolution/change in the environment</u>. As per Hannan & Freeman's theory of organizational ecology, an organization(like the grocery store in the given situation) faces decline in sales due to their selection of the orgnaization as the structural inertia of the orgnaization does not allow it to adapt the environmental changes and the changes in demands of the population.
Answer:
$237,500
Explanation:
Cost of building $10,000,000
Avoidable Interest $300,000
Less;Salvage value ($800,000)
Depreciation Cost $9,500,000
Depreciation per year $9,500,000/40=$237,500