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denpristay [2]
4 years ago
9

The sales department at Delta Corp. has devised a set of rules for its employees. All the employees are required to be in the of

fice premises by 8 a.m. every day. They are also required to wear business casuals. In addition, every employee has to send a productivity update to his or her supervisor before leaving for the day. In this case, the sales department has developed _____.
A) job descriptions
B) hierarchies
C) stretch goals
D) norms
Business
1 answer:
KIM [24]4 years ago
4 0

Answer:

d) Norms

Explanation:

A norm is an informal guideline that dictates expectations in an organization. They inform members what is considered correct or incorrect in that specific business. Norms express the collective expectations that members of an organization have from each other.  Not all companies will have their norms written.

In many organizations, norms are essential aspects of the organizational culture. They dictate how things are done in that company. Norms help new members adapt to the organization smoothly. They explain relationships between employees and fellow employees, employees and jobs, and employees and superiors.

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Assume a certain firm regards the number of workers it employs as variable but regards the size of its factory as fixed. This as
Wittaler [7]

Answer: a. in the short run but not in the long run

Explanation:

The Short Run is usually considered in Economics/ Business as a point in time where at least ONE factor of production is FIXED. This factor is usually the Factory because it is hard to change the capacity of a Factory in the Short run. For instance a wing might need to be constructed. Labour on the other hand is considered variable in the Short run though because more people can be hired and the people already hired can put in more overtime.

The Long Run is classified as a point where EVERY factor of production is Variable. There is enough time to even change the capacity of a Factory. So here even Factory is Variable.

5 0
3 years ago
U.S. Steel is considering a plant expansion to produce austenitic, precipitation hardened, duplex, and martensitic stainless ste
kirza4 [7]

Answer:

$5.5228 million

Or

$5,522,800

Explanation:

First, calculate the present value of all cash outflows

Present value of cash outflow = Initial Cost + ( Year 1 cost x Discount factor 15%, 1 year ) + ( Annual Cost x Annuity factor 15%, 10 years )

Where

Initial cost = $13 million

Year 1 cost = $10 million

Discount factor 15%, 1 year = 1 / ( 1 + 15% )^1 = 0.8696

Annual Cost = $1.2 million

Annuity factor 15%, 10 years = 1 - ( 1 + 15% )^-10 / 15% = 5.019

Placing value sin the formula

Present value of cash outflow = $13 million + ( $10 million x 0.8696 ) + ( $1.2 million x 5.019 )

Present value of cash outflow = $13 million + $8.696 million + $6.0228 million

Present value of cash outflow = $27.7188 million

Now use the following formula to calculate the annual revenue required to recover its investment plus a return of 15% per year

Present value of Annual revenue = Annual Revenue x Annuity factor 15%, 10 years

Annual Revenue = Present value of Annual revenue / Annuity factor 15%, 10 years

Where

Present value of Annual revenue = $27.7188 million

Annuity factor 15%, 10 years = 1 - ( 1 + 15% )^-10 / 15% = 5.019

Placing value sin the formula

Annual Revenue = $27.7188 million / 5.019

Annual Revenue = $5.5228 million

Annual Revenue = $5,522,800

8 0
3 years ago
Suppose the supply of shaved ice is more elastic with respect to price in the long run than in the short run. All else equal we
Olenka [21]

Answer:

<h2>The answer in this case would be the last option in the answer list or options given in the question or falls equally on buyers and sellers in the short run but not the long run.</h2>

Explanation:

  • In Microeconomics,elasticity level of supply usually has an inverse or negative relationship with the tax burden in the market.
  • Therefore,higher elasticity of supply among the sellers or firms implies that they are relatively more sensitive or responsive to any price change in the market and would not be much willing to accept the burden of the tax which is reflected by an increase in the production cost of output or acceptance of a lower relative price for the output sold.
  • Hence,the sellers or firms will reduce the quantity supplied of the output considerably in the market due to the tax imposition in the long run.Thus,even if the tax burden might be equally distributed among both the consumers/buyers and sellers/firms,the buyers/consumers will have a higher tax burden in the long run than the sellers/firms due to higher price elasticity of supply in the long run.
8 0
3 years ago
At the end of the video, there is the implication that "selling out" has a different meaning for today’s teens than for past gen
PSYCHO15rus [73]

Answer: No, it's still the same

Explanation:

Selling out is the process of having your product completely bought by your customers either at an event or through a period of a day sales. The meaning of the word "sold out" still holds for the past generation and also this generation or teens today

3 0
3 years ago
Superior Micro Products uses the weighted-average method in its process costing system. During January, the Delta Assembly Depar
UkoKoshka [18]

Answer:

EU materials     26,760

EU conversion 26,340

WIP ending 25,410

transferred out 596,700

}

Cost to be accounted for: 622,110

cost accounted for:

ending WIP inventory         25,410

finished goods inventory 596,700

Explanation:

WA Equivalent units:

completed units 55,500

ending WIP inventory  2,100 x 60% 1,260 materials

                                     2,100 x 40%  840 conversion

materials:     25,500 + 1,260 = 56,760

conversion:  25,500 + 840 = 56,340

Ending WIP valuation:

Materials: 1260 x 13.7  = 17,262  

Labor         840 x  3.2  =  2,688

Overhead  840 x  6.5  =  5,460

       Total ending WIP    25,410

Transferred-out:

25,500 x (13.7 + 3.2 + 6.5) =

25,500 x  23.4 = 596,700

7 0
4 years ago
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