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Alborosie
3 years ago
10

Explain the role of specialization and division of labor in product​

Business
1 answer:
nikdorinn [45]3 years ago
6 0

Answer:

Specialization and division of labor improve the production process.

Explanation:

Division of labor can be described as splitting down a cycle of production into separate roles and duties to be conducted by individuals who cooperate. It leads to specialization which separates each part within a system. Therefore both are interconnected. Specialization refers to a production method in which an enterprise or area focuses on producing a limited range of products or services in order to obtain maximum degrees of productivity growth throughout the enterprise or business system. These mechanism improves production standards, leads to greater skills, and result in less fatigue.

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If the M1 multiplier is 3 and the Fed engages in open-market purchases in the amount of $3 billion, then monetary base will Grou
zavuch27 [327]

Answer:

A

Explanation:

By definition, open-market operations change the monetary base.

In this exercise, the Fed engages in open-market purchases, which means that the Fed expands the amount of money in the banking system. Therefore the monetary base will increase by an amount equal to the amount of open-market purchases.

So monetary base will increase by $3 billion.

7 0
3 years ago
• define the market process, the command process, and the traditional process. How does each process deal with the basic questio
kupik [55]

Answer:

Set Objectives. Start with setting marketing objectives. ...

Do Your Research. The market research you do will drive the decisions you make when deciding upon your marketing strategy. ...

Make Decisions. ...

Write It Down. ...

Summary.

4 0
2 years ago
Which of the following government offices help individuals fund their college education?
Doss [256]
D. office of student federal aid
7 0
3 years ago
Gary's Pets hired a managerial accountant to help forecast the company's expenses and income for its first year in business. Thi
zimovet [89]

Answer:  The Annual report is the financial plan of Garys's Pets of moving strategy from Point A to Point B over for the year.

Explanation:

Every company furnishes and publishes its Annual Report for the public review per year. It can be considered as the Report which is formulated with the help of four subreports produced in each quarterly period. Point A is the stage of implementation of project of many plans. Then when the company achieves its target and then it can release a strong financial statement of the Annual Report.

The Annual Report not only administers the actual scenario of business development, but it also exhibits the good reputation of the company to attract more customers by adopting powerful business strategies.

7 0
3 years ago
The amount of earnings distributed to stockholders can be found in the income statement.
evablogger [386]

Answer:

Unearned membership revenue of $9,000

Explanation:

The sales on credit during January 2017 was valued at $12,000 ($200 x 60).

In March 2017, customers paid $3,000, leaving the balance of $9,000 outstanding.

Since the season for which sales and collections were made starts March 1, 2017, when reporting the financial statements for the period ending March 31, 2017, the Membership Revenue would be $3,000 only and the balance $9,000 would be reported as Unearned Membership Revenue in the Balance Sheet with a further $9,000 reported in the Accounts Receivable to balance the records.

This shows that Unearned Membership Revenue of $9,000 is the only valid statement.

3 0
3 years ago
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