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3 years ago

The term used to describe the degree to which tasks in an organization are subdivided into separate jobs is called ________.

Business

1 answer:

lyudmila [28]3 years ago

6 0

Answer:

work specialization

Explanation:

The term being described is known as work specialization. This term, also known as division of labor, is mainly used by companies in order to divide a large job position into smaller, single tasks that can be completed by one individual. The individual that is given such a task is trained thoroughly in order for them to become a specialist in that task and output more precise workloads.

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Most labor economists believe that the supply of labor is a. less elastic than the demand, and, therefore, firms bear most of th

goldfiish [28.3K]

Answer:

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price

If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.

Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one

Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.

Infinitely elastic demand is perfectly elastic demand. Demand falls to zero when price increases

Perfectly inelastic demand is demand where there is no change in the quantity demanded regardless of changes in price.

The supply of labour usually exceeds the demand for labour. So, the supply of labour is less elastic. as a result workers bear the burden of tax

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3 years ago

Cullumber Warehouse distributes hardback books to retail stores and extends credit terms of 4/10, n/30 to all of its customers.

Andru [333]

Answer:

01-Jun

Dr Inventory $3,065

Cr Accounts Payable $3,065

03-Jun

Dr Accounts Receivable $1,000

Cr Sales $1,000

03-Jun

Dr Cost of goods sold $850

Cr Inventory $850

06-Jun

Dr Accounts Payable $ 65

Cr Inventory $ 65

09-Jun

Dr Accounts Payable $ 3,000

Cr Cash $2,880

Cr Inventory $120

15-Jun

Dr Cash $ 1,000

Cr Accounts Receivable $ 1,000

17-Jun

Dr Accounts Receivable $1,750

Cr Sales $1,750

17-Jun

Dr Cost of goods sold $950

Cr Inventory $950

20-Jun

Dr Inventory $900

Cr Accounts Payable $900

24-Jun

Dr Cash $1,680

Dr Sales Discounts $70

Cr Accounts Receivable $1,750

26-Jun

Dr Accounts Payable $ 900

Cr Cash $891

Cr Inventory $ 9

28-Jun

Dr Accounts Receivable $2,950

Cr Sales $2,950

28-Jun

Dr Cost of goods sold $920

Cr Inventory $920

30-Jun

Dr Sales Returns & Allowances $240

Cr Accounts Receivable $240

30-Jun

Dr Inventory $ 55

Cr Cost of goods sold $ 55

Explanation:

Preparation of the Journal entries for the month of June for Powell Warehouse, using a perpetual inventory system.

01-Jun

Dr Inventory $3,065

Cr Accounts Payable $3,065

03-Jun

Dr Accounts Receivable $1,000

Cr Sales $1,000

03-Jun

Dr Cost of goods sold $850

Cr Inventory $850

06-Jun

Dr Accounts Payable $ 65

Cr Inventory $ 65

09-Jun

Dr Accounts Payable $ 3,000

($3,065-65)

Cr Cash $2,880

($3,000-$120)

Cr Inventory $120

($3,000*4%)

15-Jun

Dr Cash $ 1,000

Cr Accounts Receivable $ 1,000

17-Jun

Dr Accounts Receivable $1,750

Cr Sales $1,750

17-Jun

Dr Cost of goods sold $950

Cr Inventory $950

20-Jun

Dr Inventory $900

Cr Accounts Payable $900

24-Jun

Dr Cash $1,680

($1,750-$70)

Dr Sales Discounts $70 (1,750*4%)

Cr Accounts Receivable $1,750

26-Jun

Dr Accounts Payable $ 900

Cr Cash $891

($900-$9)

Cr Inventory $ 9

($900*1%)

28-Jun

Dr Accounts Receivable $2,950

Cr Sales $2,950

28-Jun

Dr Cost of goods sold $920

Cr Inventory $920

30-Jun

Dr Sales Returns & Allowances $240

Cr Accounts Receivable $240

30-Jun

Dr Inventory $ 55

Cr Cost of goods sold $ 55

3 0

3 years ago

Knoll, inc. currently sells 15,000 units a month for $50 each, has variable costs of $20 per unit, and fixed costs of $300,000.

Lunna [17]

Cost per unit
(300,000÷15,000)+20=40

Current profit
50×15,000−40×15,000=150,000

Profit change
60×15,000−40×15,000=300,000

units will knoll need to sell for profit to remain the same as before the price change is
(150,000+300,000)÷40=11,250

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4 years ago

Exam: 10.10 Consumer Choices

Setler [38]

1.)d
2.)b
3.)c
note all answer may or may not be right I tryed

7 0

4 years ago

Read 2 more answers

Gray purchases a home from black. gray will pay $700 a month, and a balloon payment and title transfer will take place in five y

Darina [25.2K]

Gray purchases a home from black. gray will pay $700 a month, and a balloon payment and title transfer will take place in five years. this is a contract for deed.

A contract for deed which is sometimes called as an installment purchase contract or installment sale agreement, is a real estate transaction in which the seller finances the purchase of the property rather than a third party such as a bank or credit union or any other mortgage lender does.

It is often used when any buyer does not qualify for a conventional mortgage.

Contracts for deed are a financing option for property transactions between family members or friends. Some nonprofit housing organizations also use them to help the low income families in finding a path to homeownership.

To know more about contract for deed here:

brainly.com/question/12981243

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5 0

1 year ago