Operation management refers to the task of managing the process that transforms resources into finished goods and services. The key elements of an operation system includes Inputs, processes and outputs. Inputs are the resources necessary to make the product, processes are action performed on the inputs to transform them into finished products while outputs are finished products that results when inputs are processed. Therefore, in this case regulation is not a key element in operation function.
D) 715.90. 672.85 + 12.50 + 30.55= 715.90
The subsidies account for B. One-Fifth <span>of net agricultural income.
The amount of subsidy started to increased after </span><span>Homestead Act of 1862 , A Government program that created to promote local agriculture sector.
The subsidies exist in the form of direct payment for producing a certain commodities, and help in buying a certain tools and supply for the production.</span>
Answer:
the total cost is $23,200
Explanation:
The computation of the total cost of the 2,000 units transferred is as follows:
= Total cost at that point + other cost
= $13,600 + (2,000 × (1 - 0.40) × $8)
= $13,600 + 2,000 × 60% × $8
= $13,600 + $9,600
= $23,200
hence, the total cost is $23,200
Answer:
globalization and localization.
Explanation:
Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.
Comparative advantage in economics is the ability of an individual or country to produce a specific good or service at a lower opportunity cost better than another individual or country.
The comparative advantage gives a country a stronger sales margin than their competitors as they are able to sell their specific products or render their peculiar services at a lower opportunity cost.
Also, localization (local responsiveness) refers to the degree of requirements and conditions to which a manufacturing firm should significantly adjust their products and methods of production in a particular country to. Thus, a firm that is facing both strong cost pressures and strong pressures for localization should ensure that it adopts a global standardization strategy.
Hence, two major variables in choosing the structure and design of an organization are the opportunities and need for globalization and localization because the opportunities that abound in the market would determine the level of revenues (cash-inflows) that the organization can generate.
