In the systems approach to ob, person and situation factors are considered individual, while the three levels of analysis are categorized as processes or inputs/outcomes.
An example of a system is the laws and procedures of a democratic government. An example of a system is how someone organizes their closet. An example of a system is all the organs that work together for digestion. It's an organized collection. A system has various inputs that go through specific processes to produce specific outputs that together achieve the desired overall goal of the system.
A system is a collection of elements or components organized for a common purpose. The term can describe an organization or plan itself (which has a similar meaning to the method, as in "I have my own little system"), or it can describe part of a system ( like "computer system").
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Answer:
a. An additional layer of $12,760 is added to the 12/31/2021 balance.
Explanation:
The computation of the inventory balance is given below:
2021 Base year cost is
= $131,040 ÷ 1.05
= $124,800
Additional layer is
= $124,800 - $101,600
= $23,200
2022 Base year cost is
= $150,040 ÷ 1.10
= $136,400
Additional layer is
= ($136,400 - $124,800 ) × 1.10
= $11,600 1.10
= $12,760
Therefore the first option is correct
Answer:
no, since other things are not held constant, including her income
Explanation:
The law of demand states that price has an inverse relationship with quantity demanded of a good. As price increases the demand reduces, and as price decreases quantity demanded increases.
However this is true when all other factors reman constant.
In the given scenario the price of hamburger has fallen but Hilary buys less of it. This looks like a violation of the law of demand, but her income has changed so the law of demand may not hold here.
All factors do not remain constant.
Hilary's behaviour can be explained by the concept income effect. Where an increase in income leads to the consumer buying more of expensive goods than cheaper ones.
Answer:
d. This is clearly a case of perceptual filters. There are many people in the theater watching a movie. Suppose a James Bond movie, shows James Bond using a Sony mobile hand set.
Explanation:
Audience in the theater, who wants to buy a new handset, will pay attention and notice the fact that James Bond is using a Sony hand set. But audiences, who do not need to buy a hand set will probably not notice the brand or the model. So, those who do not want to buy a new mobile set are using their perceptual filters by not noticing the brand.
Answer:
TC = $1,700 + $20x
P = $20x - $1,700
x = 85
Explanation:
Develop a mathematical model for the total cost of producing x pairs of shoes.
The total cost of producing x pairs is given by the fixed cost of $1700 added to a variable cost of $20 per pair. For x pairs:
Let P indicate the total profit. Develop a mathematical model for the total profit realized from an order for x pairs of shoes.
Total profit is given by Revenue from sales minus total costs (found on the previous item). Revenue is $40 per pair. The profit function is:
How large must the shoe order be before O'Neill will break even?
The break-even point occurs when profit is zero:
The shoe order must be at least 85 pairs.
