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Gre4nikov [31]
3 years ago
10

Reasons to study operations management include learning​ about:

Business
1 answer:
Law Incorporation [45]3 years ago
4 0

Answer:

The answer is: A) How goods and services are produced.

Explanation:

Operations management tries to crest the highest possible level of efficiency within an organization.

One of its main concerns is how to transform materials and labor into goods (or services) as efficiently as possible to maximize profit.

In order to maximize efficiency, operations managers must be experts on the production processes of the organization.

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An increase in the real wage would result in a:________. a. shift of the labor demand curve, causing an increase in the number o
barxatty [35]

Option C

An increase in the real wage would result in a: movement along the labor demand curve, causing a decrease in the number of workers hired by the firm.

<u>Explanation:</u>

The wage rate is circumscribed by the crossing of supply and demand for labor. The demand curve depends on the marginal product of labor and the cost of the good labor originates.

A variation in the wage or payroll will end in a shift in the amount necessitated of labor. If the wage rate increases, organizations will require to hire fewer employees. The quantity of labor demanded will decline, and there will be a movement skyward on the demand curve.

5 0
3 years ago
List and describe the three traits you need to become a successful entrepreneur
Akimi4 [234]

Entrepreneur is a person who is willing to bear risks to gain profits.

1) risk bearing

2) innovative

3) personality

3 0
3 years ago
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A lifelong learner is committed to ________.
natulia [17]

Answer:

c. Both theoretical and applied learning

Explanation:

Throughout life, students learn the theories at college and university so they are adept at applying them in the real world. For example, a college student learns mathematical theories to use them in everyday life. As an adult, a student chooses a college degree in which he or she will specialize. Then he will learn the theories to use them in his working life. For example, a student learns economic theories at university and applies them later in his job as an economist.

5 0
3 years ago
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Gallon Corporation had $24,000 of raw materials on hand on April 1. During the month, the Corporation purchased an additional $5
mylen [45]

Answer:

$62,000

Explanation:

Total materials - indirect materials

=62,000- 2000= $62,000

5 0
4 years ago
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What phrase could a licensee use in advertising that would not discriminate on the basis of familial status
Artist 52 [7]

Senior discount is the phrase that a licensee could use in advertising that would not discriminate.

A familial status discrimination is known to occurs when the landlord, manager  or property owner treats someone very differently.

The other options clearly discriminate the familial status.

Hence, the Senior discount is the phrase that a licensee could use in advertising that would not discriminate.

Therefore, the Option is correct.

Missing options <em>"Couples only Empty nesters No bicycles allowed Senior discount"</em>

<em />

Read more about Discount

<em>brainly.com/question/912869</em>

6 0
3 years ago
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