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2 Human Resource Management in Current Perspective September 22, 2014 September 23, 2014
3 Disciplinary Action & Termination of Employment March 09, 2014 March 09, 2014
4 Misconduct & Disciplinary Action September 22, 2013 September 22, 2013
5 Hiring and Termination Practice in Denmark August 30, 2013 August 30, 2013
6 Information sharing on "Hiring and Termination Practice in Denmark". May 31, 2013 May 31, 2013
7 Designing Human Resource Systems November 04, 2012 November 05, 2012
8 Marketing Skills Training July 19, 2012 July 20, 2012
9 Training on Negotiation Skills December 29, 2011 December 30, 2011
10 Enhancing Supervisory and Leadership Skills - - (sorry that’s all I got) :(
The most profitable product for Nicholas, Inc. to manufacture based on unit data and contribution margin per unit of a scarce resource is <u>Advanced Product.</u>
<h3>What is a profitable product?</h3>
A profitable product is one whose sales revenue covers the costs of production, selling, and administrative support.
A profitable product can be determined by determining the contribution margin per unit and dividing this by the units of a scarce resource that it consumes. The result is the contribution margin per unit of the scarce resource.
Thus, the product that yields the higher contribution margin per unit of a scarce resource is preferable to the rest.
<h3>Data and Calculations:</h3>
Simple Product Advanced Product
Selling price $22.75 $55.00
Variable cost 10.00 34.50
Contribution margin per unit $12.75 $20.50
Pounds of scarce raw material per unit 35 35
Contribution margin per scare resource $0.364 $0.586
Thus, the most profitable product for Nicholas, Inc. to manufacture based on the given unit data and the contribution margin per unit of a scarce resource is the Advanced Product.
Learn more about contribution margin per unit of scarce resource at brainly.com/question/15550773
Answer:
The marginal product of automatic elevator equipment divided by its price was greater than that for elevator operators
Explanation:
Since in the question, it is mentioned that the automatic elevator introduction permit the firms to handle the movement of the people at least cost also it declines the demand for the operators of the elevator
This represents that the marginal product of elevator equipment would be divided by price and also it is more than for operators who are dealing in elevators
Answer:
A decision will be taken based on unanimous consensus which should be a fall out of constructive considerations of all the possible angles.
Explanation:
Under usual circumstances, the executive committee should comprise of the chairperson, vice-chairperson, secretary, and treasurer.
This, however, depends on the organization's corporate governance rules.
Decision making at the executive level in healthy organisations is not made based on one's ability to wield power or by the person or persons who wield the most authority.
The best decisions are those which uphold the highest logic. They should be taken regardless of who has suggested it for this is the attribute of superior minds - the ability to submit to a higher logic or solution regardless of its source.
Cheers