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olya-2409 [2.1K]
3 years ago
7

A "specific" factor of production is: A) critical to the production of the good or service B) not transferable to other types of

production and can only be used for the product in question C) a set quantity for each unit produced D) the opposite of a general factor, meaning it must fit within certain narrow quality parameters.
Business
1 answer:
sukhopar [10]3 years ago
5 0

Answer:

B) not transferable to other types of production and can only be used for the product in question

Explanation:

Specific factor of production is a factor of production that is majorly specific and relevant to a particular industry for production, and as such cannot be transferred or moved to another industry. For example, skilled workers in sericulture are specifically trained to serve as a labor factor of production in agriculture or agro-based industry, and would be difficult to be relevant in an automobile industry. Such skilled workers are immobile between both industries.

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A multi-location flower shop receives payment from customers in person, over the Internet, and through the mail. When checks com
hoa [83]

Answer:

To reduce the chance of fraud.

Explanation:

An appropriate practice to reduce transaction fraud would be "traceability," which is the ability to track and follow the supply chain of some manipulation. This greatly helps prevent fraud and loss of information.

Financial frauds are actions that a person performs in order to obtain a profit of their own at the cost of damage the economy of another.

7 0
3 years ago
A team is trying to determine the best process type for producing a new product family. The product consists of a base model wit
Natali5045456 [20]

Answer:

The correct answer is the option A: Cell

Explanation:

To begin with, the name of "Cellular Manufacturing" is known in the business field for being one type of manufacturing process that can be selected among others in order to use it as the method of excellence to produce the good that the company wants to sell. Moreover, this type of process is characterized by the fact that the process involves a number of various machines that do a task in particular, called cells, that can easily change that task in order to do another one that the manufacturer will need so that implicates that this type of method is very helpfull in those companies who develop products that are intended to be changed continuously.

7 0
3 years ago
The following labor standards have been established for a particular product: Standard labor-hours per unit of output 9.9 hours
topjm [15]

Answer:

-$30,250 favorable

Explanation:

labor efficiency variance = (standard quantity - actual quantity) x standard labor cost

  • actual quantity = 7,700 hours
  • standard quantity = 9.9 hours x 1,000 units = 9,900
  • standard labor cost = $13.70

labor efficiency variance = (7,700 - 9,900) x $13.70 = -$30,250 favorable variance

the variance is favorable, because less hours were actually used than forecasted

5 0
2 years ago
Five days after signing a contract to purchase a new timeshare in North Carolina, the buyer cancels the timeshare contract. Acco
dangina [55]

Answer:

Under north Carolina's laws, the developer must refund the buyer's money within a 30 day period since the purchase date. North Carolina law also sets a deadline of 5 calendar days to cancel a timeshare contract, so this buyer barely made it on time. A buyer cannot waive his right to cancellation, even if the option is not included in the contract.

6 0
3 years ago
Steve walker was happy with his new personal computer. it had all the features he wanted, including a color monitor and cd-rom,
Sidana [21]
He was experiencing buyers remorse
6 0
3 years ago
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