Answer: Culture
Explanation:
Culture is the refers to the set of values, attitude and the ideas that are shared among the team members and the word culture is derived from the french word which means cultivation and the earth.
According to the given question, the culture is the defined as the knowledge for the specific religion or the group in the society. When we used to share the traditions, expectations and the beliefs withing the specific society or a group.
There are basically two types of culture that are as follows:
- Material culture
- Non-material culture
Therefore, Culture is the correct answer.
Answer:
1.3%
Explanation:
The real interest rate is calculated by subtracting the inflation rate from the nominal interest rate.
real interest rate=nominal interest rate-inflation rate
nominal interest rate=4.7%
inflation rate= 3.4%
real interest rate=4.7%-3.4%
real interest rate=1.3%
According to this, the answer is that the real interest rate is 1.3%.
Patronage principle based its hiring and promotion system on political reasons while the merit principle employed the idea that hiring should be based on entrance examination and promotion. One of the major disadvantage of the patronage principle is that, it may end up employing people who are not qualify for the job. Merit principle choose based on qualifications.
Answer:
Retained Earnings
Explanation:
The statement of retained earnings is prepared after preparing the income statement but before preparing the balance sheet. The reason behind this is that the statement of retained earnings is used to calculate the amount of retained earnings at the end of the period to be shown in the balance sheet.
Answer:
Punching machine
Explanation:
The computation is shown below:
Punching actual output = Both punching and the binding output + punching output
= 8,000 + 5,000
= 13,000 pages per hour
But the punching machine process to 15,000 pages per hour
Now the utilization rate of punching is
= 13,000 ÷ 15,000
= 0.867 pages per hour
Now for binding
The actual output is 8,000 pages per hour
Binder processing to 10,000 pages per hour
So, the utilization rate is
= 8,000 ÷ 10,000
= 0.8 pages per hour
As we can see that the utilization rate of punching is higher that results the bottleneck
