Answer:
The correct answer is letter "A": increasing the design time for new products and services.
Explanation:
Many steps can be taken to effectively design a product before its release. Those steps could imply <em>studying the client in brief, make market research, brainstorming potential product ideas, sketching the most feasible, developing a concept, revision, and completion</em>.
Increasing more time designing new products or services is counterproductive to finish the design product on time.
Answer: The correct answer is "a. $26,000".
Explanation: Implicit costs: Also known as opportunity costs have to do with alternative profit options, or money that we no longer receive when performing certain commercial actions.
A person incurs implicit costs when he waives an alternative action.
Implicit costs: $20000 + $6000 = $26000.
Inspire employees and clarify their vision. Find new and innovative ways to produce and deliver goods and services.
The main function of front-line managers is to oversee departments and employees. According to Lumen Learning, they are responsible for ensuring that the team achieves the goals of the organization.
Conceptual skill. These skills represent the manager's ability to organize and analyze information to improve the performance of the organization. This includes the ability to see the entire organization and understand how the different parts combine to act as an integrated unit.
Human skills are the ability to understand, change, guide, and control the behavior of other individuals and groups, and the ability to communicate, coordinate and motivate people in a cohesive team.
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