It is an Organizational management
The answer is organization.
<h3>What is the organization?</h3>
- An organization is a group of people who cooperate, such as a firm, neighborhood association, charity, or union. The term "organization" can describe a person, a group, a company, or the process of creating or developing anything.
- For instance, a corporation, a club, a charity, or a political party. According to an International Labour Organization report, the majority of these specialist schools are offered by nonprofit groups. Synonyms: group, company, party, body Additional words for the organization
- The organization includes task alignment with respect to the company's ultimate aim and the division of labor among personnel. It can also be referred to as the second-most significant managerial activity, coordinating employee efforts, acquiring resources, and fusing the two in support of organizational objectives.
- The four primary types of business entities are the LLC, the corporation, the partnership, and the sole proprietorship. Each of them is described in more detail below, along with how it relates to company law.
The organization has developed privacy principles for its members to impose constraints upon themselves in order to not infringe on the rights of the consumers.
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Answer:
A)Tax preparation
Explanation:
Gross domestic product is the sum total of all goods and services produced by a country within a given period.
Goods are tangible products that are produced by the country and in this scenario includes photographs, reclining chairs, and photographs.
Services on the other hand are those intangible actions that produce value to the end user. An example of service is tax preparation.
If an individual requires his taxes to be prepared but does not have the skill to do it. They will hire someone to do it and pay for the service.
Answer:
d. Thailand should export rice and import cell phones
Explanation:
Analyzing the question, it is correct to say that Thailand should export rice and import cell phones.
To understand why this statement is correct, we need to understand the concept of comparative advantage and absolute advantage.
The comparative advantage occurs when a country has great efficiency in producing a certain good, that is, the production is specialized and therefore advantageous in relation to another country. So it is correct to say that Thailand, having a comparative advantage in rice, should export rice to achieve greater economic advantage.
The absolute advantage, on the other hand, corresponds to the production of a good with lower costs than another country, but Thailand should import cell phones because Indonesia has a comparative advantage in cell phones, which makes it more competitive than Thailand in this segment.
Answer:
$25,000 increase
Explanation:
Cost of Manufacturing Amount
Direct Materials $150,000.00
Direct Labor $240,000.00
Inspecting products 60,000 x 0.90 $54,000.00
Providing Power 30,000 x 0.90 $27,000.00
Providing Supervision 40000 x 0.60 $24,000.00
Setting up Equipment 60000 x 0.50 $30,000.00
Moving Materials 20,000 x 0.50 $10,000.00
Total $535,000.00
Buying Cost (20000 x 25.50) $510,000.00
Incremental Saving by Purchase ( $535000-$510000) $25,000.00
