Answer:
b) bring the factors of production together and take the risks of producing output.
Explanation:
There are basically four factors of production which are required in order to ensure the manufacturing of output, which are land,labor,capital as well as an entrepreneur.
The role of an entrepreneur is to bring together all factors in order to serve the purpose of creating valued-added output that can be sold at a price higher than the cost price in order to make a profit.
All in all, the role of an entrepreneur is not just to provide capital or control land but bring all factors of production together
Answer:
a. Team performance curve
Explanation:
A team can be defined as a group of people or set of individuals with various skill set, knowledge and experience coming together to work on a project or task in order to successfully achieve a set goal and objective.
This ultimately implies that, a team comprises of individuals, workers or employees having complementary skills, knowledge and experience needed to execute a project or task successfully. Therefore, workers working as a team usually interact with the other team members and as a result, this enhances performance and strengthen the level of relationship they share.
Team performance curve indicates that there can be a performance decrease as a team goes through the storming phase of team development. During the storming phase in team development, team performance declines for a period of time as conflicts emerge regarding goals and contributions of team members.
Operational strategy is the strategy encompasses a high level of interdependence of subunits for some operation decisions combined with high degrees of centralization for others.
<h3>What is operation strategy?</h3>
Operations strategy is the total path of company's or organization decisions making strategy which help to reshape the long-term capabilities of several operations and their contribution to the overall strategy to the growth of the firm.
Therefore, Operational strategy is the strategy encompasses a high level of interdependence of subunits for some operation decisions combined with high degrees of centralization for others.
Learn more about operational stategy below.
brainly.com/question/13850520
1. Effective teamwork and high productivity are good indications of positive B. productivity goals.
Because I think the best purpose of effective teamwork will be the productivity goals.
2. John is a new employee at International Widget. Having studied human relations, he's eager to understand the supervisory style employed by his immediate supervisor. Which of the following is not especially important to John's insight?
B. Whether his supervisor enjoys particular sports or hobbies
Answer:
The answer is:
b. $112,550
Explanation:
Please find the below for detailed explanations and calculations:
- Beginning Inventory as given at: $94,000;
- Inventory purchased during the year = Net purchase during the year -Discount made on net purchase + Freight-in charges = (400,000 -5,000) - [ (400,000 -5,000) x 1%) + 7,500 = $398,550; ( as $5,000 purchase is returned on the initial purchase of $400,000 and 1% discount is only made on the net purchase of $395,000 ( $400,000 - $5,000) ).
- Cost of good sold during the year as given at: $380,000;
=> <u>Ending inventory = Beginning inventory + Inventory purchased during the year - Cost of good sold during the year = 94,000 + 398,550 - 380,000 = $112,550.</u>
