<h2>This is an example of "externship"</h2>
Explanation:
Externship is the training program or a training given to the employee temporarily to upgrade his skills.
There is a difference between "internship and externship".
Internship is given to a beginner. It's like on-the job training where they will be paid some minimum amount as salary.
Externship is for the person who is experienced. This would give practical experience. Here apply classroom lessons in the real word. We also get a chance to meet other professional.
Answer: network
Explanation:
Network externality simply states that demand for a good or service has to do with how other people demand for that particular good or service. It means consumer's buying patterns are influenced by the purchase of others buying the product.
Therefore, a network externality exists when the number of customers who purchase a good or use it influences the quantity demanded.
Answer:
C. Significant amounts of indirect costs are allocated using only one or two cost pools.
D. All or most indirect costs are identified as output unit-level costs.
E. Products make diverse demands on resources because of differences in volume, process steps, batch size, or complexity.
F. Products that a company is well suited to make and sell show small profits, whereas products that a company is less suited to produce and sell show large profits.
Explanation:
ABC (activity based costs) method focuses on individual activities as the main cost objects. After it determines the cost of individual activities, it uses them as the basis for assigning costs to products and services. ABC method allocates overhead costs based on the main cost objects.
Answer:
1. Pam's production strategy should be:
C). She should have one centrally located facility to achieve economies of scale.
2. Her employees should have this attitude toward risk:
B). Risk averse
3. Her compensation system should have the following attributes:
A). High pay differentials between superiors and subordinates
4. Pam should emphasize rewards for employees who come up with ideas for __________.
B). cutting costs
Explanation:
Since "Pam had already identified cost leadership strategy as her preferred strategy, her efforts should be focused on achieving this cost leadership by ensuring that her organization comes up with cost reduction ideas. Instead of having many decentralized facilities, she should have a centrally located facility. This will ensure economies of large scale production which results in reduced cost. Finally, her employees cannot afford to be risk takers. They should be risk averse in order to save costs.
Answer:
3 business days after notice of acceptance
Explanation:
Earnest money has to be deposited by the buyer within three business days of acceptance of contract.
Earnest money is about 1 - 5% of the price stated in the contract.
If the buyer fails to pay the rest of the money stated in the contract, the seller can keep the earnest money deposited. But if the contract is terminated because of some problem with the house or the seller, then earnest money should be returned to the buyer.
