T 1: Human Resources Management

Business

1 answer:

fgiga [73]3 years ago

4 0

Answer:

Human resources management is the strategic approach to the effective management of people in a company or organization such that they help their business gain a competitive advantages. it is designed to maximize employees performance in service of an employer's strategic objective

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Beech Manufacturing makes one product. Each unit of product requires 1.5 machine hours. Utility costs are budgeted at $0.55 per

katrin [286]

The amount of utilities cost for July that appears on the flexible budget is12,500*$0.33 = $4.

<h3>Flexible budget </h3>

A flexible budget is one based on different volumes of sales. A flexible budget flexes the static budget for each anticipated level of production. This flexibility allows management to estimate what the budgeted numbers would look like at various levels of sales.

<h3>How do you calculate flexible budget?</h3>

To do this, multiply the total production output by the variable cost of each unit produced. For example, if the total production output is 1,000 products and the variable cost for each unit is $25, the total variable cost is $25,000. You can also calculate average variable costs that are not related to production.

Learn more about flexible budget here :

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7 0

2 years ago

What is the current value of a future sum of money called?

Mashcka [7]

It seems that you have missed the necessary options for this question, but anyway, the correct answer for this would be PRESENT VALUE. The current value of a future sum of money is called a present value. Hope this is the answer that you are looking for. Have a great day!

4 0

3 years ago

Which scenario below is an example of complementary products, based on their cross-price elasticity?A. Bananas and lettuce, with

ipn [44]

Answer: B. Shampoo and conditioner, with an elasticity of -3.5.

Explanation:

Complimentary products are those which see their quantity demanded move together because the goods usually compliment each other like tea and sugar.

Their Cross-price elasticity shows this by being a negative figure. This is because when the price of one commodity goes up, the quantity demanded of the other goes down because higher prices lead to lower quantity demanded.

The actual question showed that Conditioner and Shampoo had a cross-price elasticity of -3.5 so this is the correct answer.

3 0

3 years ago

Which of the following benefits do franchisees enjoy over other small business owners? Select the two correct answers.

Alenkinab [10]

The following benefits a franchisee enjoys over <u>other small business owners</u> is:

<u>A. Franchises benefit from the successful marketing provided by franchisors.</u>
<u>D. Franchises have a lower 5-year failure rate than other small businesses</u>

A franchise is a business that operates by using the services of a franchisor who is in charge of <u>branding the company</u> and a franchisee who uses the name of the brand to do business and <u>pays a royalty fee</u>.

<em>Small business owners</em> are people who do the marketing, branding, packaging and sales by themselves <u>without necessarily involving the services of a marketer</u>.

Some of the benefits of a franchisee over <u>small business owners</u> are the facts that:

They benefit from the successful marketing the franchisors provide
They have a lower failure rate after 5 years.

Therefore, the correct answers are options A and D

T 1: Human Resources Management​

T 1: Human Resources Management