<u>This is an example of "outsourcing".</u>
Outsourcing is the business routine with regards to procuring a gathering outside an organization to perform benefits and make products that generally were performed in-house by the organization's own representatives and staff. Generally done as a cost-cutting measure, it can influence occupations going from client support to assembling to the back office.
Outsourcing can enable organizations to lessen work costs essentially by outsourcing certain assignments. Organizations can likewise dodge costs related with overhead, gear and innovation.
The executive team, the administration board and the shareholders meet with the rest of the departments when there is need to adress matters concerning the firms productivity
Answer:
Explanation:
Direct labor and factory overhead
Answer:
$16,394.26
Explanation:
using a loan calculator we can determine the amount of interest paid in both loans:
<u>loan 1</u> <u>loan 2</u>
n = 30 years n = 30 years
principal = $200,000 principal = $200,000
APR = 4% APR = 3.6%
monthly payment = $954.83 monthly payment = $909.29
total interest paid = $143,739.01 total interest paid = $127,344.65
the difference in total interest paid between both loans = $143,739.01 - $127,344.65 = $16,394.26
the difference in monthly payment between both loans = $954.83 - $909.29 = $45.54
Answer:
The correct answer is B. Entrepreneurship is a method that requires practice.
Explanation:
Being an entrepreneur is more than a job. Being an entrepreneur is an attitude, a way of life. In the current situation in the world, there are many who recommend betting on entrepreneurship to make a living.
Of course, it is not an easy road, it requires a lot of effort and daily work, but if it goes well it can bring great benefits. And not only monetary. It can grant great freedom, allow us the luxury of not having a boss beyond ourselves, among other advantages.
However, we must also bear in mind that there is a negative part: the risks are greater and the uncertainty is almost definitely installed in our lives. With those ingredients in the balance, in the end the key is in the person, which is the axis of the project. Therefore, before embarking on the adventure it is worth asking if we have an entrepreneurial mindset.