Simple answer is efficiency.
More output can be produced if labour specialised and focused on a particular activity.
One due to the time saved from switching tasks and secondly getting better (and faster) at what they do.
This leads to two outcomes.
1. Lower average costs of production
2. Greater output.
A business is defined as an organisation or enterprising entity engaged in commercial, industrial,or professional activities.
Answer:
The correct answer is (A)
Explanation:
Commercial finance is another way to generate funds, but they come with certain drawbacks compared to commercial banks. Commercial finance usually give loans to customers who are interested in more risky investments. The interest they charge is usually higher which can only be paid if a client invests in riskier investments to earn higher returns.
Answer: A. All of these
Explanation: Change Control is the process companies uses to document, identify and authorize changes to an environment or process. It assists in reducing the chances of unauthorized modifications, disruptions and errors in the system/process and therefore follows a specific pattern towards its implementation. This would include: Change request identification, assessment, analysis, approval or rejection, and finally implementation. All these from start to finish is usually documented in the change request log.
