Answer:
b. It has higher worker skill requirements.
Explanation:
In a process layout or functional layout, all machines and equipment of same functional use or type are placed in a particular and distinct department from machines and equipments of different functional use or type. In simple words, one type of machines are placed in a different space together. For instance, welding machines are together placed in welding department, grinding machines and equipment are placed in grinding department and so on.
Process layout uses the equipments and machines that are already within the process, it just places it differently and no specialized equipment are needed.
Machines and equipments require high and long term investments and the machines and equipments used in process layout are exactly the same.
Answer:
E) participative.
<u>The multiple-choice options for this question are: </u>
A) laissez-faire.
B) hands-off.
C) existential.
D) authoritarian.
E) participative.
Explanation:
In the participative leadership style, the manager invites employees' input when making all or most company decisions. The employees are adequate information regarding company issues. Each of the staff members is accorded an opportunity to make their contribution to the subject matter. If the team cannot reach a consensus, a majority vote determines the direction the company will take.
Participative leadership is criticized for slow f decision-making. Its main advantage is that decisions are easily acceptable by all, making implementation seamless.
Answer:
the price equals the market equilibrium price
<span>A craft union is a union in which all of it's workers do the same type of work. They also use very unique and specialized skills and training. This is best for people is have a particular craft or skill they are great at.</span>
Answer:
B) increase the risk a bank faces.
Explanation:
Off-balance sheet activities include all the bank's activities regarding assets, debts or other financing activities that are not presented in the bank's balance sheet, e.g. issuance of guarantees, commitments to make loans, etc.
Banks incur in this type of activities because generally they charge fees for them (increase revenue) without affecting measures of indebtedness like debt to equity ratio.
