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2 years ago

Explain the role of specialization and division of labor in product

Business

1 answer:

nikdorinn [45]2 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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Newcastle Coal Co. owns a warehouse that it is not currently using. It could sell the warehouse for $300,000 or use the warehous

Fed [463]

Answer:

A) Yes, because the firm could sell the warehouse if it didn’t use it for the new project.

Explanation:

The option A is correct in our scenario, because the firm still have the option to sale the warehouse even they want to use it for the new project.
The option B is not correct as the cost of warehouse is not sunk cost, such a cost that has been utilized and can't be recovered, but we can sale the warehouse and get the payment.
The option C is incorrect as once the project is complete then it would be a part of that project so they will not sale the warehouse.

5 0

2 years ago

Why should a researcher check that their information is valid?

nalin [4]

Answer:

Validity is harder to assess than reliability, but it is even more important. To obtain useful results, the methods you use to collect your data must be valid: the research must be measuring what it claims to measure. This ensures that your discussion of the data and the conclusions you draw are also valid.

Explanation:

hope this helps

brainliest plz

8 0

2 years ago

Book-tique sells second hand books from a stall that is situated in a local market. Each book has a selling price of £1.75. Last

Iteru [2.4K]

Answer:

1.75 x 428

Explanation:

8 0

2 years ago

The Seattle Corporation has an investment opportunity that will yield cash flows of $30,000 per year in Years 1 through 4, $35,0

zlopas [31]

Answer:

4.86 years

Explanation:

Data provided in the question:

Cash flow each year from year 1 to year 4 = $30,000

Cash flow in year 5 through 9 = $35,000

Cash flow in year 10 = $40,000

Initial investment = $150,000

Firm's WACC = 10%

Now,

Accumulated cash flow for 4 years = $30,000 × 4 = $120,000

Accumulated Cash flow for 5 years = $120,000 + $35,000

= $155,000 > amount invested ($150,000)

Thus,

Remaining payback amount required in year 5 = $150,000 - $120,000

= $30,000

Payback period for $30,000 in year 5 = [$30,000 ÷ Annual cash flow]

= $30,000 ÷ $35,000

= 0.86 years

Hence,

Total payback period for this investment is

= 4 years + 0.86 years

= 4.86 years

4 0

3 years ago

Suppose the hot sauce firm cannot reduce the externality without reducing costs. What is a possible next step the government cou

Makovka662 [10]

Create a limit on the maximum no. of bottles the firm can make,

The required details about externality is mentioned in below paragraph.

<h3>How Do Externalities Work?</h3>

An externality is a cost or benefit a producer generates but does not personally bear or receive. An externality can result from the creation or consumption of a good or service and can be both positive and negative.

Externalities happen when creating or consuming a good has an effect on parties who are not involved in the transaction directly. Externalities can be either good or bad. They can result from either production or consumption as well. For instance, simply entering a city center will increase the pollution and traffic for individuals who live there.

to learn about externality here-

brainly.com/question/24258985

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8 0

1 year ago

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

Explain the role of specialization and division of labor in product