Answer:
All of the following are organization-directed benefits associated with offering unconditional guarantees except:
a. the guarantee provides a means to avoid bankruptcy.
Explanation:
Providing or offering customers unconditional guarantees does not help the company to avoid bankruptcy. Bankruptcy arises from inadequate financing resulting from overtrading. Importantly, offering guarantees to customers communicates a clear performance goal to employees to improve service delivery to customers.
Answer: Inelastic
Explanation:
Based on the information given, we would calculate the elasticity of demand which would be:
= (Change in Quantity / Change in Price) (Initial Price/ Initial Quantity)
Change in Quantity = 1800 - 2000 = -200
Change in Price = 50 - 40 = 10
Initial Price = 40
Initial Quantity = 2000
Elasticity of demand would then be:
= (-200/10)(40/2000)
= (-20)(0.02)
= -0.4
Since elasticity of demand is less than 1, it is an inelastic demand.
Answer:
False
Explanation:
Master Production Schedule, is used to determine when the materials will be used to produce an item.
Master Production Schedule (MPS) gives a formal detail of the production plan and converts this plan into specific material and capacity requirements. The requirements with respect to labor, material and equipment are then assessed.
Master production scheduling helps keep customer delivery promises through delivering in a timely and cost-effective manner.
Answer:
b. set in when the fifth worker is hired
After this point additional worker return will be lower.
Explanation:
Trhe diminishing return are the moment at which the marginal increase in production decrease.
In other words, adding a new resource provide less return than his predecessor.
Marginal
2 do 4 hours
3 do 6 houses (marginal 6 - 4 = 2)
4 do 9 houses (marginal 9 - 6 = 3)
5 do 13 houses (marginal 13 - 9 = 4)
6 do 15 houses (marginal 15 - 13 = 2)
the marginal output decrease from 4 to 2 the returns decreased.
Answer:
Total liabilities is $170,500
Explanation:
Warren's total liabilities at end of April comprises of the beginning balance of liabilities of $77,000 plus the notes payable signed in respect of the building acquired in the course of the year,the computation is shown below:
Beginning balance of liabilities $77,000
Notes payable $93,500
Total liabilities $170,500
The notes signed by employee of $11,700 is notes receivable as the employee is owing the company and should be classified as notes payable ,but notes receivable instead, an asset.
