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3 years ago

A decline in total real output for two or more consecutive quarters is referred to as

Business

1 answer:

snow_tiger [21]3 years ago

4 0

The correct answer is a recession.

An economy is considered to be in a recession when there is a decline in total real output for two or more consecutive quarters. A recession is defined as a period of temporary economic decline during which trade and industrial activity are reduced,

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Does supply curve shift to the left or right

erastova [34]

Answer:

An increase in the change in supply shifts the supply curve to the right, while a decrease in the change in supply shifts the supply curve left....

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3 years ago

Read 2 more answers

Which of the following statement is correct? A.A change in demand is a movement along the demand curse, and a change in the quan

Alex777 [14]

Answer:

The correct answer is option D.

Explanation:

A change in the quantity demanded is a movement along the same demand curve. It is caused because of a change in the price of the product while other factors affecting demand remain constant.

A change in demand is shown by a movement in the demand curve. This is caused by changes in other factors such as income, population, preferences, price of other goods, etc, while the price of the product remains constant.

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3 years ago

Express Meals is a local bistro that has budgeted inventory purchases as follows: September: $ 300,000 October: $ 350,000 Novemb

ziro4ka [17]

Answer:

Express Meals

The budgeted accounts payable balance on November 30 is:

= $347,000.

Explanation:

a) Data and Calculations:

Budgeted inventory purchases:

September: $ 300,000

October: $ 350,000

November: $ 390,000

Payment to suppliers:

Month of purchase = 20%

Month following purchase = 70%

Two months after purchase = 10%

September October November Total

Purchase $300,000 $350,000 $390,000 $1,040,000

Payments:

Month of purchase (20%) 60,000 70,000 78,000 $208,000

Month following purchase (70%) 210,000 245,000 $455,000

Two months after purchase (10%) 30,000 $30,000

Total payments 60,000 280,000 353,000 $693,000

Outstanding balance ($1,040,000 - $693,000) = $347,000

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3 years ago

Sandra is hired by a sparkling water manufacturer. Her primary function at the company is transforming resources into goods and

marshall27 [118]

Sandra is involved in production.

Production can be described as the process of transforming or converting resources into goods and services.

In any organization, the depart that is in charge of production is the production or operation department.

Therefore, Sandra is involved in production.

The reason is that the transformation of resources into goods and services is her key job role at the company.

Learn more here: brainly.com/question/1462114.

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2 years ago

when michelle had only three? employees, she performed most of the? records-keeping tasks herself and kept a general idea of fin

maw [93]

Answer:

Explanation:

1. The correct answer is option B.

Empowerment is nothing but power which gives the ability to act or behave appropriately in order to make appropriate decisions. Empowerment is one of the stage of being accountable. In this stage, the person takes appropriate action to complete the task. It also includes taking challenge and coping up with changing situations.

Job enlargement is the technique in which the task and scope related to a single job are increased. In this scenario, since the businesss has expanded, it is important to give more responsibilities to employees so that Michelle can focus on the financial aspects of business.

2. The correct answer is option B.

Matrix organization is nothing but the organization where the employees will have multiple reporting line and perform different roles in different functions. The advantages of matrix organization are effective usage of resources across different functions, high motivation in employees due to multiple roles and showcasing their skills in different field, improved and prompt decision making. Since unity of command involves employee being answerable to one person, so matrix structure violates the principle of unity of command.

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3 years ago