Answer:
The answer is letter A. Earning normal profits because their returns on investment are equal to the opportunity costs of the time invested.
Explanation:
Because all resources are being used efficiently and there is no need to use them elsewhere.
Answer:
(c) 10,500 equivalent units of production
Explanation:
Equivalent units of production helps manufacturing companies determine the average completed or finished products. Additionally, since there are many items in continuous production, without calculation of equivalent units, it would be difficult to determine how much money was incurred in production costs.
Using the formula
The number of partially completed units (15,000) x percentage of completion (70%) = equivalent units of production (10, 500)
Answer:
horizontal linkage
Explanation:
In a value chain horizontal linkages involve cooperation among different departments aimed at building interdependence, trust, and resource pooling in order to achieve a set goal.
It is made up of relationships between people or department that are equal in an organisation.
Shared development innovations are more easily implemented by using the horizontal linkage model. Participants are more willing to express themselves freely and work collaboratively to achieve set goals.
The correct answer to this open question is the following.
What we are trying to do in this question is to rank the options based on the strength of our preference, knowing that the relationship of a new manager in a company and the employees, as well as the understanding of the culture in the organization, can the degree of success and satisfaction in the workplace. So the strongest preference is "1" and the weakest preference would be "8."
So the rank would be like this:
The organization is very personal, much like an extended family. (4)
The organization is accomplishment oriented, with a focus on competition and getting jobs done. (1)
The organization is stable and structured, with clarity and established procedures. (1)
The organization is dynamic and changing, where people take risks.(3)