Answer:
Empowerment.
Explanation:
Empowerment: It an authority or power been given to an individual or group of people to perform certain tasks with complete determination. This power has been given so that tasks been performed diligently and smoothly.
In corporate, individuals been empowered to hold responsibility for certain tasks and prove profitable for the organization.
Similarly, In the given case David has empowered his employee to resolve customer complaints by itself without getting escalated, however, he has limited the power by $200 to resolve any customer complaint.
Answer:
the labor rate variance is $16,000 unfavorable
Explanation:
The computation of the labor rate variance is shown below:
As we know that
Labour Rate Variance = ( Actual Rate - Standard Rate) ×Actual Hours Worked
= ($160,000 ÷ 22,000 direct labor hours - $8) × 22000 direct labor hours
= ($7.27 - $8) × 22000 direct labor hours
= $16,000 Unfavorable
hence, the labor rate variance is $16,000 unfavorable
We simply applied the above formula so that the correct value could come
And, the same is to be considered
That crime would be considered a Class A misdemeanor.
Answer:
The private cost for an individual of a liter of gasoline in Europe is 4.75
Explanation:
Private cost is a supplier's or producer's cost of providing goods and services without any external cost.
Private cost = 0.50 + 1 + 0.75 + 2.50
= 4.75
Therefore, The private cost for an individual of a liter of gasoline in Europe is 4.75
Answer:
The correct answer is option b.
Explanation:
In an open economy, domestic firms have to face competition from the foreign producers. If firms face losses in the long run, because of import competition, these firms will leave the industry.
As the number of domestic firms get reduced, the demand curve of the other firms will become flatter. This happens because of the foreign firms that bring in a large variety of goods in the domestic market.
