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Mamont248 [21]
3 years ago
10

"Division of labor" means that workers _____.

Business
2 answers:
alexandr402 [8]3 years ago
5 0

Answer:

The correct answer is letter "B": specialize in tasks that take advantage of their individual abilities and skills.

Explanation:

Division of labor implies determining what tasks, skills, and attitudes are necessary for each job position in an organization so employers assign workers a specific duty that matches their capabilities and qualifications. The division of labor is based on the specialization of activities to maximize efficiency.  

Companies implementing division of labor tend to have a job description document where employees' responsibilities are well-defined.

denis-greek [22]3 years ago
3 0
The correct answer is B. Division of labor means the steps of production are broken up and each has a corresponding job; this allows multiple people to work.
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I made this a long time ago for reddit

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3 years ago
Read 2 more answers
In a statement of cash flows, interest payments to lenders and other creditors should be classified as cash outflows for a. oper
Sonbull [250]

Answer:

The correct answer is letter "A": operating activities.

Explanation:

Operating Activities are the daily processes conducted by a company to generate income. They pertain to the company's core business activity such as sales and manufacturing and they provide most of the cash flow that determines whether a business is profitable.

When it comes to the Financial Statements the situation is not different. Interest payments to lenders and other creditors can be part of the day to day activity of a company. That is the reason why they are recorded in the operating activities section.

3 0
4 years ago
Supply-side economics attempts to stimulate output and lower unemployment by
yawa3891 [41]

Supply-side economics attempts to stimulate output and lower unemployment by reducing taxes to stimulate investment and consumer spending.

<h3>What is supply-side economics?</h3>

Supply-side economics is a economics theory that focuses on the  supply of labour and goods. It postulates that taxes and benefits can be used as incentives to stimulate the economy.

Supply-side economics was introduced by Arthur Laffer and implemented by Pres. Ronald Reagan in the 1980s.

4 0
2 years ago
An insurance company has offered your friend the choice of $45,000 per year for 15 years, with the first payment being made toda
TiliK225 [7]

Answer:

$427,011.92

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We use the present value formula i.e to be shown in the attached spreadsheet

Given that,  

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8 0
4 years ago
A minimum wage that is set above a market's equilibrium wage will result in an excess:________.
Pani-rosa [81]

Answer:

D

Explanation:

A minimum wage set above market's equilibrium wage increases the cost of hiring labour. so the demand of labour falls.

A minimum wage that is set above a market's equilibrium wage increases the income that would be earned by labour, so the supply of labour increases.

Because the increased supply for labour would not be matched with a corresponding increase in demand, there would be unemployment

3 0
4 years ago
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