General technological advance is most likely to cause the production possibilities frontier to shift outward from a to b.
Technology has always been vital for organisations, but in recent years, that importance has increased significantly. By definition, technology is the practical application of scientific knowledge, and it is obvious that in order for businesses to remain competitive, they must adopt new technologies. The importance of new technology for organisations can be attributed to a number of factors. First, firms can improve their production and efficiency by utilising modern technologies. This is so that workers may concentrate on other duties because new technologies sometimes automate operations that were previously performed manually. Additionally, by lowering their dependency on costly manual labour, new technology can assist firms in saving money. Finally, firms can frequently access new markets and clients thanks to new technologies.
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If you are looking for a true or false answer then the answer is true
The presence of barriers to entry in a particular market will generally make acquisitions MORE likely as an entry strategy.
A primary cause for a company to pursue an acquisition is to: b. reap greater market energy.Top Industries simply went through a restructuring and is experiencing reduced hard work costs.
Diversification of the goods, services and long-term possibilities of your enterprise. A goal commercial enterprise may be capable of provide you services or products which you may promote via your personal distribution channels. lowering your expenses and overheads thru shared marketing budgets, accelerated buying strength and decrease costs
Disclaimer:-Your question is incomplete,for ncomplete quwestion question see below.
The presence of barriers to entry in a particular market will generally make acquisitions __________ as an entry strategy.
a. more likely
b. less likely
c. prohibitive
d. illegal
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Answer:
Operations management
Explanation:
Operations management is the term which is defined as the administration of the practices of the business in order to create the highest level of the efficiency which is possible within the business.
It is related to the converting of the raw materials and labor into the services and the goods for the business.
Therefore, the operations management is the one which dealt with the set of the activities which relate to the creation of the goods and the services by the transformation of the inputs to output.
Answer:
The Darwin Company
Calculation of Manufacturing Overhead costs:
= $17,200
Explanation:
a) Data and Calculations:
Depreciation on factory equipment $4,700
Indirect labor 5,900
Factory rent 4,200
Factory utilities 1,200
Indirect materials used 1,200
Total Manufacturing overhead costs = $17,200
b) Darwin's manufacturing overhead costs will include only the above listed costs. Sales commissions, direct materials, direct labor, and office salaries expense do not form part of the manufacturing overhead costs. The manufacturing overhead costs are neither direct materials or labor costs or selling and administration costs.
