A manufacturing process requires small amounts of glue in production process is classified as indirect material.
<h3>What is indirect material?</h3>
Indirect materials are those materials that are not readily traceable or identified with a job.
It is to be noted that indirect materials forms part of production processes whereas are not included in final product.
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Answer:
The exchange rate is the value for which one currency can be exchanged for another. Thus, for example, 20 Mexican pesos are needed to acquire an American dollar.
Technically, it could happen that a country changes its exchange rate with respect to a hard currency (such as the Dollar or the Euro) through fixed exchange rates, in order to increase the value of the salaries of its citizens, measured in international currencies. For example, if the Mexican government fixed a parity between the dollar and the peso of value 1 to 1, the minimum wage of Mexicans would go from being worth $ 215 to multiplying by 20, that is, to $ 4,300.
Now, in practice, this situation is practically impossible, since it would imply a monetary modification in the country that makes the adjustment, since otherwise it would imply an unprecedented inflationary peak.
Yes, this is true. Donald Trump has made billions off his tycoons.
Answer:
The correct answer is d. c. structural unemployment.
Explanation:
Structural unemployment is due to the fact that the number of existing jobs is insufficient to give employment to everyone who wants a worker (active population).
When a union raises wages above the equilibrium level, it increases the supply of employment and reduces demand. This generates unemployment.
• Internal workers benefit from high salaries earned in negotiation collective
• External workers have difficulties in find a job or have to accept a job in a non-union company.
Answer:
The correct answer is C
Explanation:
JIT termed or stand for the Just in Time Inventory, it is a strategy or the plan of action, which is to increase the efficiency and decrease the waste through receiving the goods only as they are required in the process of the production, thereby decreasing the inventory costs.
So, the costs of the obsolescence, inventory financing and storage supervision could be decreased through the practice of the JIT (Just-in-time inventory).
