Answer:
Today's organizations can be divided into three groups, which are-Profit, Nonprofit, and Governmental organizations.
Explanation:
For-profit businesses, non-profit organizations, and governments can all play unique and valuable roles in society. However there are certain challenges that are best addressed by cooperative ventures involving all three sectors.
Answer:
Explanation:
1a
Break-even point in dollar sales 406957 =(109200+78000)/46%
1b
Break even point
Chicago office 72429 =50700/70%
Minneapolis office 146250 =58500/40%
1c
Greater than
2
Increase in sales 48750
X CM ratio 40%
Net operating income increase 19500
3
Total company Chicago Minneapolis
Amount % Amount % Amount %
Sales 520000 100.0% 130000 100.0% 390000 100.0%
Variable expenses 273000 52.5% 39000 30.0% 234000 60.0%
Contribution margin 247000 47.5% 91000 70.0% 156000 40.0%
Traceable fixed expenses 109200 21.0% 50700 39.0% 58500 15.0%
Office segment margin 137800 26.5% 40300 31.0% 97500 25.0%
Common fixed expenses not traceable 78000 15.0%
Net operating income 59800
Labor union protect the workers right and interest.
Firstly, let understand that labor union is basically an association of workers which can either be for a trade or profession, with the main objective of protecting members rights and interests
- The major function of labor union is to help improve the lives of members by negotiating and determining the remuneration rate that should be provided to them such as wages, salaries, hourly rate, minimum wages etc.
Some advantage of Labor union for workers are:
- Its helps to protect the interest of workers.
- Its helps to negotiate and promote higher wages and better benefits.
- Its help to ensure workplace safety.
- The union serves as workers representatives.
Learn more about Labor union here
<em>brainly.com/question/453055</em>
Answer:
The correct option is B
Explanation:
Rational economic decision is the process where the costs as well as the benefits of the various options are being compared in order to determine or evaluate the which option is rational. Rational decisions have total benefit greater than or equal to their cost. So, the rational economic decision concerned with the efficiency not with the fairness or equity.
