Answer:
Planning.
Explanation:
Planning is a term used to describe the process of developing the organization's objectives and translating those into courses of action.
This ultimately implies that, planning is a strategic technique used by organizations to make an aggregate plan for its manufacturing (production) process typically ahead of time, in order to have an idea of the level of goods are to be produced and what resources are required so as to reduce the total cost of production to its barest minimum.
Hence, planning is an attempt to develop organizational objectives, goals, and forecasting of consumer demands within the criteria set by product, production process and distribution methods i.e within the intermediate range of its capacity.
Answer:
True
Explanation:
Root Cause analysis is used by the evaluator to address the problem instead of just identifying the symptoms. It is used when some thing goes bad. Root cause analysis is used to find the root cause and to improve it. During this a series of questions are posed to find out the cause of the issue. Incident investigation and problem solving are some of the root cause examination. Root cause analysis is connected to three basic questions; <em>what is the problem and why did it happen, what can be done to prevent it from happening again.</em>
The contribution margin approach helps managers in short-tern decision making because it reports costs and revenues at their current value.
The contribution margin ratio/approach allows companies to determine their profits they can make from a product minus variable costs.
Answer:
B. bank statement.
Explanation:
A bank statement is a document provided by a bank once a month to its customers, listing the transactions made by an user in a bank account.The statement provides the following information: The beginning cash balance in the account. + The total amount of each deposited batch of checks and cash.
Answer:
The answer is:
1. Cyclical Unemployment
2. Frictional Unemployment
3. Natural Unemployment
Explanation:
1. Unemployment caused by recessions - cyclical unemployment. It is caused by reduction in total spending, low activities in the economy. Coronavirus pandemic is already causing cyclical unemployment.
2. Unemployment that normally occurs due to turnover as workers switch jobs - frictional unemployment.
This happens when a worker leaves a job to search for another. The unemployment between the time gap is frictional unemployment.
3. The unemployment rate that exists when the economy is operating at potential - Natural Unemployment.
Unemployment caused by replacement of obsolete technology or lack of required skills are called natural employment.
