Answer:
The answer is: Develop a positive work culture
Explanation:
Ever since the Hawthorne experiments by Elton Mayo way back in the 1920´s it has been proved over and over again that happy and positive employees are more efficient, have lower staff turnover, are more creative, etc.. Simply they are better workers.
It is not always easy to achieve the goal of a happy working environment and there is no formula for doing so. Management knows the benefits (better recruitment, worker loyalty, higher job satisfaction, more job collaboration, better morale, less stress, better work performance, etc) but not everyone can make it happen.
Some ideas about how to make a positive work culture include:
- Let every employee know the vision of the company and the values the company stands for.
- Hire the right people.
- Make employees feel part of the unique story of the organization.
- The company must practice its values.
- Create a work environment were employees can connect with each other not only for working reasons but also on informal levels.
- And many more that can be unique for every company (i.e. Google is famous for offering its employee lots of perks)
Answer:
The correct answer is option A.
Explanation:
Producer surplus can be defined as the difference between the price that the sellers are willing to accept and the actual price the get for the product.
Graphically representing, it is the area above the supply curve and below the actual price. This area indicates the total benefit that the producer is earning by supplying the product at actual price.
Producer surplus acts as a measure of producer welfare and is equal to the difference between total revenue earned and the total cost incurred in the production process.
Answer:
True
Explanation:
An inventory cost can be defined as all costs such as carrying cost, stock out (shortage) cost and ordering cost that are associated with the procurement, holding (storage) and management (handling) of inventory.
Raw materials inventory comprises of the overall cost of all resources such as component parts that a business has in stock which haven't been used for production of finished goods or work in process.
Excessive inventory arises when stocks or products are kept for a very long period of time, haven failed in selling them to consumers in a timely manner. Thus, any unsold product that has exceeded the projected consumer demand is generally referred to as an excessive inventory.
Hence, excessive inventory ties up your money so that you cannot use it elsewhere in your business. This is usually as a result of stock obsolescence.
Answer:
Evaluate your decision
Explanation: correct mark brainlest plz. and thanks also []L7[]