Rules are made so that people behave in a particular manner whereas, procedures are meant to guide about how to do something.
Procedures are the standard steps used to carry out tasks in an organization. They were created for repetitive tasks. They offer instructions regarding how to carry out a task. In speaking, procedures are inflexible and provide no room for inventiveness. It eliminates ambiguity from the work and provides it a clear structure.
Rules are specific instructions that define what must be done and what shouldn't be done. They were created in order to preserve, govern, and manage the workplace. They were inflexible and lack adaptability. Strict disciplinary measures are applied when rules are broken. It reflects decisions about what needs to be done and what cannot be done.
No, rules cannot be eliminated when solid procedures are in place because they determine the behavior or manner in which things should be done.
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Answer:
$22,050
Explanation:
The computation of the total budgeted variable selling and administrative expenses for October is shown below:
Sales Commission (9,000 × $0.60) $5,400
Shipping (9,000 × $1.2) $10,800
Advertising (9,000 × 0.3) $2,700
Other (9,000 × .35) $3,150
Budgeted Variable Selling and admin expenses $22,050
We simply added all the variable selling and admin expenses so that the total could arrive
The factor that affecting profits to a business that have the most control is the expenses.
<h3>How expenses affect profit?</h3>
The expenses play the major role to affect the profit of business organizations, as it is clear that if the firm incurred more expenses in various things that are not related to the business, then ultimately the profit level decreases, and vice-versa.
Therefore, option A is correct.
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Answer:
230 people
Explanation:
a. What is the size of the labor force
The labor force is the sum of the number of employed and unemployed, unemployed meaning people who lack employment, but who want to work, and are looking for a job.
First we substract the people that is not in the labor force, and those under 16 years of age from the total population: 500 - 120 - 150 = 230.
Of this figure, 150 people are unemployed, 23 are part time workers looking for full time employment (they are employed), and the rest: are 57 employed people.
So the size of the labor force is effectively 230 people.
The taxes have to change by $ 50 million.
<h3>What is marginal propensity?</h3>
In economics, the marginal propensity to consume (MPC) is defined as the proportion of an aggregate raise in pay that a consumer spends on the consumption of goods and services, as opposed to saving it.
Marginal propensity to consume is a component of Keynesian macroeconomic theory and is calculated as the change in consumption divided by the change in income.
MPC is depicted by a consumption line, which is a sloped line created by plotting the change in consumption on the vertical "y" axis and the change in income on the horizontal "x" axis.
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