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tatyana61 [14]
3 years ago
7

William was a factory worker in the 1920s. his company trained him in the exact sequence of steps he needed to make each day so

that he would work to maximum productivity. william's company was using the principles of
Business
1 answer:
maria [59]3 years ago
8 0
<span>william's company was using the principles of </span><span>scientific management

</span><span>scientific management is a management practice which rely on scientific finding in order to improve the productivity in the company.
</span>In scientific management mindset, each company need to implement a specific method completely to the letter without any form of flexibility.
This form of management started to fade away by the end of 20th century.
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To pay for your​ education, you've taken out ​$29,000 in student loans. If you make monthly payments over 10 years at 7 percent
Scrat [10]

Answer:

$169.07

Explanation:

Data provided in the question:

Loan amount = $29,000

Time  = 10 years

Interest rate = 7% compounded monthly

Therefore,

Interest rate per period, r = 7% ÷ 12 = 0.583% = 0.00583

number of periods, n = 10 × 12 = 120 months

Now,

Loan amount = Monthly payments × [ { 1 - (1 + r )⁻ⁿ } ÷ r]

on substituting the respective values, we get

$29,000 = Monthly payments × [ { 1 - (1 + 0.00583 )⁻¹²⁰ } ÷ 0.00583]

or

$29,000 = Monthly payments × 171.53

or

Monthly payments = $169.07

7 0
3 years ago
Corny and sweet grows and sells sweet corn at its roadside produce stand. the selling price per dozen is​ $3.75, variable costs
shepuryov [24]
Breakeven point in units=
Fixed cost÷[selling price-variable cost]

Breakeven point in units
=750÷(3.75−1.25)
=300 units
3 0
4 years ago
Narciso Corporation is preparing a bid for a special order that would require 880 liters of material R19S. The company already h
bija089 [108]

Answer:

$5,456

Explanation:

A relevant cost can be defined as the cost that are said to be in form of a future cash cost that is relevant and important to a particular decision.

The relevant cost:

Current market cost 880 liters × Current market $6.20 per liter

= $5,456.

Therefore the relevant cost of the 880 liters of the raw material when deciding how much to bid on the special order will be $5,456

6 0
3 years ago
The following transactions occurred during July:
grin007 [14]

Answer:

b. $1,655

Explanation:

Calculation for What was the amount of revenue for July

Cash for services $1,090

Add Services provided on credit $565

Revenue $1,655

($1,090+$565)

Therefore the amount of revenue for July will be $1,655

5 0
3 years ago
When buyers refuse to pay a product’s stated price or when improvements in other items or fashion changes reduce the appeal of t
hoa [83]
Reduction in the price. If they do not reduce the price, then people will not buy the product, and they will be left with too many of the same products. 
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