At the <u>conversion </u>stage of transforming raw materials into finished goods, managers typically use <u>concurrent </u>control methods to determine customers' reactions to the organization's goods and services.
<h3>What is a raw materials?</h3>
Raw material seems to be a basic resource that is used create items, completed goods, power, or transitional resources that are fodder for upcoming finished products. It is additionally referred to as a fuel, untreated material, or main item.
In the input phase of the method of changing the raw product, the managers usually employ feedforward supervision. Taking care of issues when they arise.
Concurrent control provides managers with real - time updates on how effectively inputs are being converted into outputs during the conversion step, allowing managers to address issues as they arise.
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The scientific theory is based on using data and human strengths which create an increase output, but the Bureaucratic management style focuses on hierarchies and tighter job roles.
<span>A more efficient means of processing algae to produce an anticancer drug is discovered. As a result, the supply curve for the drug will shift to the right, decreasing the price of the drug. Because there was a discovery for a new production method the price drops to reflect the changes. Due the increase of production the price going down will now allow for more people to try the product at a cheaper cost. </span>
It is log-linear which is the best fit to the data?
Answer:
$82000
Explanation:
Gross income is defined as the total sum of money received (salary, wages, rents, interests and other form of earnings) that an individual or a household receive before any deductions or taxes. Hence,
Given that
Salary = 22000
Alimony = 10000
Punitive damage = 50000
Gross income = 22000 + 10000 + 50000
= $82000
The child support and compensatory damages are not added because they are not taxable.