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3 years ago

The movement and storage of materials into a firm refers to:

1 answer:

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<span>The movement of storage of materials into a firm is material management. This is a technique that concerns itself with organizing, planning, and controlling how and what materials flow from the time they are originally purchased until they reach their destination.</span>

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Dealing with the fact that certain aspects of any management situation are more important than others is called

luda_lava [24]

Answer:

Recognition of priorities

Explanation:

Management involves planning, organizing, controlling, supervising, a group of people which could be an entire team, workers or some fractions of workers in an environment to achieve organizational goals. An entrepreneur which is among the factors of production is indeed someone who manages, supervise the other factors of production, keeping an environment in which people work and achieve the goals of production.

Management is a profession and as such skill set to recognizing when some aspects of management becomes important than others and when some goals need to be given more attention to achieving the overall organizational goals can describe as Recognition of priorities.

Recognition of priorities brings some other important aspects of management into focus leaving out the less important ones cancelled or put on hold so as to save time and maximize labor efficiency.

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3 years ago

2. Which of the following is an example of the globalization of production? a. Pepsico sells the same brand of pringles in multi

Katen [24]

Answer: Ford manufactures a car in Michigan, but uses parts sourced from 27 countries

Explanation:

Globalization is the process by which businesses or organizations develop international influence or a situation whereby they start operating on international scale.

Globalization of production has to do with the producers of final finished goods relocating and moving to other parts of the world in order to source for the necessary raw materials or equipments needed to complete a product and assemble all of them at their facility.

Based on this definition, Ford manufactures a car in Michigan, but uses parts sourced from 27 countries is the right answer.

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3 years ago

Read 2 more answers

Performance Bicycle Company makes steel and titanium handle bars for bicycles. It requires approximately 1 hour of labor to make

quester [9]

Answer:

Explanation:

Particulars Steel Bars Titanium Bars

Units Per Batch 7000 3000

Hours Per Unit 1 1

Total Hours 7000 3000

Overhead rate on the basis of direct labor = Total Overhead / Total labor hours = 84,000/10,000 i.e 8.40

Overhead cost allocated to steel bars = 8.40*7000 = 58,800

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3 years ago

_____ businesses are important to the U.S. economy because, among other things, they employ about half of all private sector emp

skad [1K]

Answer: (D) Small

Explanation:

A small business plays an important role in the US (United states) economy as the small business basically contributing in the various types of local economical growth and also in the GDP (Gross domestic product).

The small type of business is also helps in proving the various types of employment related opportunities in the corporation o the basis of small business administration.

According to the given question, the small business is basically paying 42% in the private payroll in the united states and approximate 37% to the workers such as computer programmers, scientists and the engineers.

Therefore, Option (D) is correct answer.

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3 years ago

Alvin is a self-employed sound technician who reports on the cash method and calendar year. Alvin has a shop in Austin, Texas, b

andrezito [222]

Answer:

Business expense is $25,000

Explanation:

Business related cost incurred by Alvin should be a proportion of the total cost. We need to estimate business related percentage of his activities and allocated business expense appropriately.

Alvin used an estimated 6,000 miles on his truck for personal use out of a total of 36,000 miles.

The percentage of business related miles= (36,000-6,000)/36,000= 0.833333

Total expenses= Cost of lease + Cost of gas, oil, and repairs

Total cost= 18,000+ 12,000= $30,000

Business expense= Percent of business related cost* Total cost

Business expense= 0.8333333* 30,000

Business expense= $24,999.99~ $25,000

7 0

3 years ago