Answer:
TRUE
Explanation:
Remember that a prosperous economy does not imply the most happy country or economy.
Therefore high rates of crime, substance abuse, insecure employment, and family dissolution may exist, but <em>the scale in which this occurs</em> may be relatively lower when compared to a poor economy.
For example, the scale of such vices in United States is lower than in Mexico a poorer economy.
Answer:
<em>The company should use all of its limited machine hour to produce only product B. This will make it maximize profit</em>
Explanation:
<em>Whenever a company is faced with a limiting factor i.e a resource in short supply, the company should allocate the resource to the product with he highest contribution per unit of the scare resource</em>
Product Cont/unit machine hr /unit cont/hr Ranking
A 6-2 = $4 per unit 2 hours $2 per hour 2nd
B 5-2 = $3 per unit 1 hour $3 per hour 1st
<em>The company should use all of its limited machine hour to produce only product B. This will make it maximize profit</em>
Answer: Incongruent communication
Explanation: In simple words, incongruent communication refers to the type of communication in which the non verbal actions of the communicator does not match with what exactly he or she is conveying verbally.
Such kind of message confuses the receiving end party as how he or she should understand and accept the message.
In the given case, the CEO has been making statement that she is willing to talk to everybody which depicts that she has a lot of time but at the same situation she is looking at her watch which show she has some deadline.
Hence we can conclude that the given case depicts Incongruent communication.
Answer:
The incremental manufacturing cost that the company will incur if it increases production from 10,500 to 10,501 units is closest to $11.40
Explanation:
It is important to note that the question requires The incremental manufacturing cost that the company will incur if it increases production from 10,500 to 10,501 units
From Production of 10500 units to 10501 units, there is an increment of 1 unit.
<u>Lets find the incremental cost of 1 unit.</u>
1.To do this we only consider variable manufacturing costs only.
2.Since increase is within the relevant range, the fixed manufacturing overheads do not change.
3.Also Ignore all non- manufacturing overhead as they do not form part of manufacturing costs.
Extra 1 Unit
Direct materials $6.70
Direct labor $3.50
Variable manufacturing overhead $1.20
Total Cost $11.40
Answer:
"Total quality management
" is the correct answer.
Explanation:
- TQM seems to be a management philosophy focused mostly on the idea that such a company can achieve long-term performance by making all its participants concentrate on enhancing efficiency and thereby providing customer loyalty, including low-level staff to their highest position representatives.
- This can be accomplished by the incorporation of all roles and processes relating to quality throughout the business.
