Answer:
The correct option is C, continuous improvement.
Explanation:
Kaizen budgeting which is an offshoot of Kaizen costing approach, is a method of budgeting which seeks to continuously seek improvements to processes in order that cost reductions can be achieved on an ongoing basis within the budgetary system.
A manager is expected to analyse its departmental's processes anytime the opportunity presents itself,hence, bench-marking processes with best-in-class internally or externally,can be very useful in ensuring continuous improvement is achieved.
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Answer: freedom of conscience
Explanation:
Kant's basic human rights that is violated when a supervisor requires an employee to do something that is unsafe despite the fact that he objected us referred to as freedom of conscience.
Freedom of conscience is also referred to as the freedom of thought and it simply means that an individual has the freedom to have their own thoughts and be able to consider a fact irrespective of the viewpoint of others.
Answer:
The answer is C.
Explanation:
In a competitive market, all firms produce identical goods and services. No firm or seller can influence the prevailing market price. To increase their revenue, firms must increase their outputs.
In this industry, firms make economic profit(revenue minus accounting cost minus implicit cost) in the short run but this economic profit reduces to zero in the long run because more firms that are attracted by the short run profit can enter the industry freely. Firms can also exit with little or no cost.