Answer: Franchise
Explanation:
Franchise could be defined as when new or intending growing businesses use the name of bigger or renowned business names, brands to run their own business. This helps for popularity sake, and making the goods of the smaller business to be marketable through the awareness that has been built in the trust that people have known the big firm for. Most new firms looking to break a competitive market aim at doing this.
Answer:
3.8 times
Explanation:
Inventory turnover indicates how many times a company sells and replaces its stock of goods during a particular period. The formula for inventory turnover ratio is the cost of goods sold divided by the average inventory for the same period.
$ 320,000 / 63,000 = 5.1 times in 2022
$283,500 / 32,000 = 8.9 times in 2023
Therefore inventory turnover increase as a result of the switch to the JIT system by 8.9 times - 5.1 times = 3.8 times
The goal of <u> ISO</u> is to establish international technological standards to
facilitate the global exchange of information and barrier-free trade.
<h3 /><h3>what is the goal of ISO in IT to global exchange?</h3>
- The International Organization for Standardization (ISO) is an international nongovernmental organization made up of national standards bodies;
- It develops and publishes a wide range of proprietary, industrial, and commercial standards and is comprised of representatives from various national standards organizations.
- The organization's abbreviated name—ISO—is not an acronym; it derives from the ancient Greek word ísos, meaning equal or equivalent.
- Because the organization would have different acronyms in different languages, the founders of the organization decided to call it the short form ISO.
- The International Organization for Standardization (ISO) is an international nongovernmental organization made up of national standards bodies that develop and publishes a wide range of proprietary, industrial, and commercial standards.
- The International Organization for Standardization (ISO) was founded in 1947 and is headquartered in Geneva, Switzerland.
- In addition to producing standards, ISO also publishes technical reports, technical specifications, publicly available specifications, technical corrigenda, and guides.
To learn more about ISO, refer
to brainly.com/question/25311149
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Answer:
Cooperation and trust
Explanation:
There are clear distinctions between groups and teams. A group is a set of people brought together by common interests and inevitable circumstances, while a team is a group of people working together to reach a common goal.
The responsibility in a team is evenly dispersed; although the work is not done individually, the team is acting as an individual. That means that <em>trust </em>has to be present among team members; we have to know we won't be let down by a team member, like we don't let down ourselves.
<em>Trust</em> is one of the most essential inputs for effective <em>cooperation</em>.
A team possessing such characteristics is highly <em>cohesive</em>.
Answer:
Profit= $106,682.52
Explanation:
Giving the following information:
Unitary Variable costs:
Direct material= 3,200
Direct labor= $2,300 ($15 per hour)= 153.33 hours
Manufacturing overhead is applied at $18 per direct labor hour.
Units sold= 42
Selling price= $10,800
Profit= Total sales - total variable cost
Profit= 42*10,800 - (3,200 + 2300 + 18*153.33)*42= $106,682.52
