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schepotkina [342]
4 years ago
15

When private ownership rights are well-defined and enforced, owners of physical assets and resources

Business
1 answer:
sukhopar [10]4 years ago
8 0

Answer:

b. incur the opportunity cost of ignoring the wishes of others.

Explanation:

Opportunity cost in economics is seen as the forgone cost of doing something.

So in this instance where private ownership rights are well defined, everyone knows what is his own and what belongs to others.

The opportunity cost of this will be to ignore the wishes of others. They must now consider the wishes of others.

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Saphire Company budgeted the following production in units for the second quarter of the year:
klasskru [66]

Answer:

45.60

Explanation:

the policy indicates that 30% of the production of the following month is the desired inventory at the end of the current month.

For the end of April, the projected units for the following month, 38,000 units, which require 4 pounds each.

38,000 x 4 = 152,000 pounds needed in May.

Inventory at the end of April 30% x 152,000 = 45600 Pounds

6 0
4 years ago
The question "do you think someone around here might be justified in making a secret arrangement with one of the company's vendo
katen-ka-za [31]
<span>This would be a question in an assessment interview. The company is trying to gather information about the interviewees personality. This same question might also show up on a motivation questionnaire or in an interview where the person conducting the interview is trying to assess a person's situational judgement on particular matters that may impact the company.</span>
8 0
3 years ago
Pharmacie &amp; Upjohn, a pharmaceutical company, uses a functional structure (research, development, manufacturing, and marketi
Effectus [21]

Answer:

Product organisation.

Explanation:

A product organisation is one that has multiple product lines, and they need specialists that can market and distribute the various product lines. Grouping of sales and production is based on the lines of products and services provided by the business.

There is better coordination and communication between specialists working on the same product.

Pharmacie & Upjohn uses this structure in their research, development, manufacturing, and marketing units.

5 0
3 years ago
__________ emphasizes that there is "one best way" to perform a job or task in order to increase productivity. the "one best way
Ket [755]
The answer is scientific management. Scientific management is a theory of management that analyzes and produces a workflow. Its main aim is improving economic efficiency, especially labor productivity and is one of the earliest attempts to apply science to the engineering of processes and to management. The theory uses engineering science and mathematics to reduce waste and increase the efficiency of the methods and process of production.
4 0
3 years ago
Read 2 more answers
At the end of a company's first year of operations, 2,000 units of inventory are on hand. Variable costs are $100 per unit and f
Scilla [17]

Answer:

absorption income higher by $60000

Explanation:

given data

inventory on hand = 2,000 units

Variable costs = $100 per unit

fixed manufacturing costs = $30 per unit

to find out

higher net income of what amount

solution

we know that Absorption cost and variable cost are different in their treatment of the fixed manufacturing costing

so we use of absorption cost that carry over in fix cost into ending inventory is here

absorption cost that carry over = fixed manufacturing costs × inventory on hand  

absorption cost that carry over = $30 × 2000  

absorption cost that carry over = $60000

so that here this amount is use for variable costing and absorption income higher by $60000

4 0
4 years ago
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