Answer:
The correct answer is D. Identify where the organization is and where it wants to go
Explanation:
In an organization we have different types of plan, such as.
Strategic plan outline the mission, vision and high levels goals for the long-term future . This is a global view of the situation.
Operational plan or work plan, are the goals you have to achieve in the near future.
So, from the given options , the right answer is D. Identify where the organization is and where it wants to go
Answer:
True
Explanation:
It is similar to supply and demand principal. Hope I helped.
Answer:
Statements IV and V are correct.
- The quantity of labor supplied will increase.
- The unemployment rate will increase.
Explanation:
If the minimum wage increases then more people should be willing to work (increase in the labor supply). The problem is that if the increase is above the equilibrium level, then the quantity demanded for labor will decrease, which will in turn increase the unemployment level. Less companies will be willing to hire new employees or keep current employees.
Answer:
a. 480
Explanation:
The computation of the economic order quantity is given below:

= 480 units
The carrying cost could be determined below:
= $4 × 25%
= $1
hence, the carrying cost is $1
Therefore the economic order quantity is 480
Thus, the correct option is a.