Answer:
The correct answer is (C) the foreign purchases effect.
Explanation:
As a result of a negative situation for the internal economy, where the price of goods and services increases as a result of economic phenomena, people and companies tend to resort to the process of purchasing abroad, in order to meet their needs with A minimum amount of money.
Answer:
B. What must be given up to acquire it
Explanation:
The opportunity cost is the cost which is to be sacrificed to gain for some better option
Since in the given case the aunt is thinking to open a hardware store but it will cost her $500,000 for rent and the to purchase the stock
And, also she also have to quit her accountant job for $50,000
So in this option quitting the job is to be considered as an opportunity cost
Efficiency is one of the <u>positive</u> impacts of technology on the workplace.
Technological advancement has resulted in many positive impacts on the workplace in both communication and production aspects. It has drastically increased the rate of production.
One of the most prominent impacts of technology on the workplace is the increased flow rate of work. People can communicate in different areas of the workplace more efficiently. Work that used to take hours before can now be done in minutes.
Measuring efficiency or productivity of workplace:
A simple method to have an idea about the efficiency or productivity of a workplace is to compare the input (total labor) and the output (total number of units produced).
Learn how worksheet creates an efficient process in the workplace from the link below
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False, standard rules doesn't exist to help managers identify appropriate allocation bases.
Standard Rules refers to strong moral commitments or ethics that allows smooth working of an organisation. It is basically fundamental requirements to govern an organisation. It could play a role in appropriate allocation bases but doesn't exist for it rather to keep check on principles and equality in an organisation. They are not legally binding. But, appropriate allocation bases require judgement. Managers use- the direct method or the sequential (or step) method or the reciprocal method, to develop judgements about allocation bases. Hence, the statement is false.
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