If the capital stock fixed while the supply of labor increases, it is likely that the productivity of labor will fall.
<h3>What is Labor productivity?</h3>
Labor productivity is use to measure the output of a labour based on hourly basis.
Labor productivity is usually determined by the amount of Capital that is investment. This include technological and human capital.
Therefore, If the capital stock fixed while the supply of labor increases, it is likely that the productivity of labor will fall.
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Answer:
Total= $4.33
Explanation:
Giving the following information:
Breakmorning Corporation produces a product that requires 2.6 pounds of materials per unit. The allowance for waste is 0.3 pounds; the allowance for spoilage is 0.1 pounds. The purchase price is $4 per pound, but a 2% discount is always taken. Freight costs are $0.15 per pound and receiving and handling costs are $0.10 per pound.
Purchase price= 4*0.98= 3.92
Allowance for waste= (0.03*3.92)= 0.1176
Allowance for spoilage= (0.01*3.92)= 0.0392
Freight= 0.15
Receiving and handling= 0.10
Total= $4.33
Answer:
Total assets and Total equity will be this year's understated.
Answer:
In the new-product development process, the TeaForMe company is in the idea screening stage
Explanation:
The new-product development process has 8 stages that are:
-Idea generation: is when the company looks for new ideas.
-Idea screening: the company evaluates the ideas and filters them to drop the bad ones and pick the good ones.
-Concept development and testing: is when the company develops and evaluates the product concept.
-Marketing strategy: the company creates the marketing strategy to introduce the product to the market.
-Business analysis: the company evaluates if the idea is a good business.
-Product development: is when the concept is developed into a physical product.
-Test marketing: the company evaluates the product and the marketing strategy in the market.
-Commercialisation: this refers to launching the product to the market.
According to this, the answer is that in the new-product development process, the TeaForMe company is in the idea screening stage because they generated a new idea an then, evaluated that idea and decided to drop it because it was inconsistent with the organization's new-product strategy.
Answer:
<u>E) recruitment and selection</u>
<u>Explanation:</u>
The <u>human resource department </u>of an organization is responsible for assigning tax to employees after recruitment based on their abilities.
Hence, the human resource team at ICS Inc needs to improve on filling the gaps in the organization or selecting the best employee for a particular job. This role involves providing clarity regarding the tasks employees are required to perform.
