The purpose of business activity is to make profit for business?<br><br> True\False

Knowledge management is most popular among businesses in

Bingel [31]

Knowledge management is the the way how knowledge is captured, organized, distributed and effectively used. It is a whole process of managing knowledge that is very important for the success of the business because it builds learning organizations by making learning routine, facilitates decision-making capabilities and stimulates cultural change and innovation. It should be part of every type of business. However, KM is mos popular among business in the business administration, management, health, information systems and services.

7 0

3 years ago

Great Skin Inc. is establishing a pricing strategy for a new moisturizer. The total cost to produce each unit is $3.50. The comp

dolphi86 [110]

Break even idk tbh bruh it’s said wrong answer

3 0

3 years ago

A mining company owns two mines, each of which produces three grades (high, medium, and low) of ore. The company has a contract

sashaice [31]

Answer:

They should operate Mine 1 for 1 hour and Mine 2 for 3 hours to meet the contractual obligations and minimize cost.

Explanation:

The formulation of the linear programming is:

Objective function:

$C=200M_1+160M_2$

Restrictions:

- High-grade ore: $6M_1+2M_2\geq12$

- Medium-grade ore: $2M_1+2M_2\geq8$

- Low-grade ore: $4M_1+12M_2\geq24$

- No negative hours: $M_1,M_2\geq0$

We start graphing the restrictions in a M1-M2 plane.

In the figure attached, we have the feasible region, where all the restrictions are validated, and the four points of intersection of 2 restrictions.

In one of this four points lies the minimum cost.

Graphically, we can graph the cost function over this feasible region, with different cost levels. When the line cost intersects one of the four points with the lowest level of cost, this is the optimum combination.

(NOTE: it is best to start with a low guessing of the cost and going up until it reaches one point in the feasible region).

The solution is for the point (M1=1, M2=3), with a cost of C=$680.

The cost function graph is attached.

7 0

4 years ago

How do you create a business

anyanavicka [17]

Answer:

with the state

Explanation:

5 0

4 years ago

Read 2 more answers

What is the effect on total assets and stockholders' equity of paying the telephone bill as soon as it is received each month?

Archy [21]

Answer:

Option C) Decrease in Total Assets , and No Effect on Equity

Explanation:

Telephone bill it's a Current Liability , if you decide to pay it as soon as you receive it you have to use Cash which is part of your Current Asset, so the impact it's a decreased in your Current Assets through the Cash component.

This movement has no impact in the Sotckholder Equity.

6 0

4 years ago

The purpose of business activity is to make profit for business? True\False