Answer:
E. Profit motive
Explanation:
Profit motive can be defined as the intention, motivation or desire to form a business or engage in business ventures so as to generate financial (monetary) gains.
This ultimately implies that, profit motive is a desire for monetary gains (profits) which motivates a business owner to engage in the sales of finished goods or services.
Hence, profit motive is the premise on which all businesses are built on because the ultimate goal of every business is to achieve financial gains.
In this scenario, the computer accessories that Javier is making and selling are bringing in a substantial amount of money for him. Inspired by this success, he decides to hire two people and expand his business.
Thus, this is an example of profit motive.
Answer:
TRUE
Explanation:
As the direct materials are introduced at the beginning of the process the only factors which are not completed are the conversion cost which are: labor cost and manufacturing overhead.
The equivalent units will be calculated using a 100% of completion in raw materials.
Answer:
the answer is A, hope i helped (:
a. increase overall quality
Explanation:
Answer:
A.
Explanation:
Outsourcing is defined as the act of obtaining semi-finished products, finished products or services from an outside company.
The advantages of outsourcing are:
-Flexibility. Additional workforce for the temporary requirements.
-Prices. Good acquired partnerships can lower the prices of labor and materials.
-Overhead costs. These costs can be extremely high, particularly for entrepreneurs. By outsourcing those functions, overhead costs are diminished.
-Focus. The main benefit of outsourcing not so crucial tasks for parts of your operations is that the extra time can be utilized towards the more value added objectives of the business.
-Operational risks. Keeps the operation going in case of employee turnover.
