Answer:
Decision making under risk
Explanation:
The reason is that Selena faces one of its biggest risks which is that if she will proceed with the surgery then she might loose her arm. Loosing arm is the risk here. Remember that risk is vulnerability of undesired outcome and which can be measured. And here the risk is the undesired outcome of loosing arm which is measureable in percentage. The chances of loosing arm is 30% and taking decision to proceed with taking this risk of loosing arm is "Decision making under risk".
Answer:
Debit Delivery Expense; credit Cash.
Explanation:
The journal entry to record the freight expenses should be:
Dr Delivery (freight) expense XX
Cr Cash XX
All expenses have a debit balance, and when they increase, they must be debited.
All assets have a debit balance, and when they decrease, they must be credited.
Answer:
Workers
Explanation:
Fredrick Winslow Taylor's Time and motion study was an observation of work done by a group of workers in a specific time period using a stopwatch. The time taken to complete the task was recorded to see the productivity of the workers in a industry.
How the workers performed when there is a repetitive work cycles for long or short duration or when variety of different kinds of work are done by the workers in a given time period.
<u>Solution and Explanation:</u>
P-chart to be used
Center line = total number of errors/(no of samples*sample size) = 40/(20*80) = 0.025 = p-bar
standard deviation = sqrt((p-bar*(1-p-bar))/sample size) = = sqrt ((0.025*(1-0.025))/80) = 0.017
UCL = p-bar + z*standard deviation = 0.025 plus 3 multiply 0.0174553 = 0.0773659
LCL = p-bar - z*standard deviation = 0.025 minus 3 mulitply 0.0174553 = -0.0273659 = 0 (Adjusted)
Defect proportion of sample 1 = 5/80 = 0.0625
Defect proportion of sample 2 = 8/80 = 0.1
Defect proportion of sample 3 = 6/80 = 0.075
The process is not in control as Defect proportion of sample 2 is not within the control limits
Explanation:
Organizational development in contemporary organizations has been directly impacted by technological changes and globalization.
With these two phenomena that reinforce the capitalist system by the flow of information and the new possibilities of domestic and international markets, the organizational processes also undergo constant adaptations so that they survive a highly competitive and dynamic market.
Currently, companies are no longer just profitable entities but also become promoters of socio-environmental well-being, so it is necessary that their internal and external processes take into account how to meet and exceed the expectations of their stakeholders, being direct agents of the promotion of values ethics, sustainability, education and development of society.