Answer:
The nature of the major raw material requires to produce the product of the business determines the level of importance attached to locating a business closer to raw materials.
Explanation:
The level of importance attached to locating a business closer to raw materials depends on the nature of the major raw material requires to produce the product of the business.
When the major raw material requires to produce the product of the business is a heavy raw material that cannot be easily transported, locating the business closer to the raw material will be the most important factor.
However, when the major raw material requires to produce the product of the business can be easily be transported, locating the business closer to raw materials will NOT be the most important factor. In this case, some of the other important factors to consider will include proximity to markets; availability of labour; water supply; availability of power, fuel or gas; waste products disposal facility and among others.
Divide variable costs by output. Therefore, it would be 750000 divided 1200, giving you $625.
Answer:
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Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Based on the systems viewpoint, a restaurant’s ability to accept cash, credit, or both, is associated with transformational processes part of a system.
The phrase "business process transformation" (BPT) refers to the process of fundamentally altering the sequence of steps necessary to achieve a certain business objective.
<h3>What is the transformational process in organizational models?</h3>
Organizations are guided toward high performance via the transformation process, which is a change process. The methodology outlines a series of interventions and change activities created to produce paradigm-shifting and long-lasting organizational change.
Any action or collection of actions that takes one or more inputs, changes and adds value to them, and produces outputs for consumers or clients is referred to as a transformation process.
Learn more about the transformational process here:
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