Answer:
The productivity of the company is $200 per work hour.
Explanation:
Productivity can be measured as the ratio of total output to a single input.
Total output in this case would be value of goods produced, which is 10*10^9 dollars.
Single input in this case would be labour measured in hours of work, which is 50*10^6 hr
Productivity of labor would be: 10*10^9 / (50*10^6) = 0.2*10^3 = $200/hr
Answer:
So, here are seven steps for writing a perfect business plan.
Research, research, research.
Determine the purpose of your plan.
Create a company profile.
Document all aspects of your business.
Have a strategic marketing plan in place.
6. Make it adaptable based on your audience.
Explain why you care.
Explanation:
Answer:
Devilopmental process.
Explanation:
Developmental process involves actions a business implements in creating a product to launching it.
So forming a team to reduce the turn-around time in issuing bills and collecting payments is a developmental process aimed at better service delivery.
Development can be carried out within the organisation or by parties from outside the organisation (business development agency).
