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kkurt [141]
4 years ago
11

Henry Ford's business model required that his automobiles be low-priced, and the assembly line method facilitated this. However,

workers became bored with the same repetitive tasks and quit, so Ford had the expense of hiring and training new workers. How did Ford solve this problem?
Business
1 answer:
rodikova [14]4 years ago
7 0

Answer:

Ford decided to pay them more

Explanation:

In order to offset the extreme dullness of the repetitive tasks that the workers had to complete every single day, Ford decided to pay them more. This bonus in money incentivized the workers on staying with the company and not leaving to find a less boring job. Since other jobs would not pay as much as Ford was paying. Even still Ford would save money by not having to train new workers.

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What is the primary goal of business​
solong [7]

Answer:

Profit making and survival

Explanation:

The main objectives that a business might have are: Survival – a short term objective, probably for small business just starting out, or when a new firm enters the market or at a time of crisis. Profit maximisation – try to make the most profit possible – most like to be the aim of the owners and shareholders.

7 0
3 years ago
Read 2 more answers
Amaya is a member of a new product design team. The team leader proposed a process that would get quick results, but Amaya was c
Vera_Pavlovna [14]

People often have different suggestions and may or may not agree with each other. Due to groupthink, Amaya did not voice her concern as she did not want to appear unsupportive of the team.

  • Groupthink is known to be a situation that takes place when a group of individuals arrive at a consensus without critical reasoning or looking into the repercussions or alternatives.

It is often based on a common desire not to anger the balance of a group of people.

It can also be regarded as a psychological phenomenon where individual strive to meet a consensus within a group.

Learn more about Groupthink from

brainly.com/question/10206116

5 0
3 years ago
AZ Products has 375,000 shares of common stock outstanding at a market price of $35 a share. Next year's annual dividend is expe
My name is Ann [436]

Answer:

The firm's weighted average cost of capital 5.81%

Explanation:

In order toTo calculate WACC, we need to calculate the cost of equity and after-tax cost of debt. The WACC can be calculated with the use of following formula:

WACC = After-Tax Cost of Debt*Weight of Debt + Cost of Equity*Weight of Equity

Where,

After-Tax Cost of Debt = Pretax Yield*(1-Tax Rate)

Market Value of Debt = Outstanding Bonds*Par Value*Current Selling Percentage

Cost of Equity = D1/Current Market Price + Growth Rate

Market Value of Equity = Number of Common Shares Outstanding*Current Market Price

Weight of Debt = Market Value of Debt/(Market Value of Debt + Market Value of Equity)

Weight of Equity = Market Value of Equity/(Market Value of Debt + Market Value of Equity)

Therefore, Market Value of Debt = 7,500*1,000*98.60% = $7,395,000

Market Value of Equity = 375,000*35 = $13,125,000

Weight of Debt = 7,395,000/(13,125,000 + 7,395,000)

Weight of Equity =$13,125,000 /($13,125,000  + 7,395,000)

Cost of Equity = 1.50/35 + 2% = 6.28%      0.01801

After-Tax Cost of Debt = 7.65*(1-34%) = 5.05%

Using the values calculated above in the formula for WACC, we get,

WACC = 5.05%*7,395,000/(13,125,000 + 7,395,000) + 6.28% *$13,125,000/($13,125,000 + 7,395,000) = 5.81%

5 0
4 years ago
Miller and Sons' static budget for 10,500 units of production includes $41,000 for direct materials, $50,300 for direct labor, v
Delvig [45]

Answer:

b.direct materials of $47,248

Direct labor=$57,965

Variable Utilities=8,758

Supervisor salaries $14,600

Explanation:

Computation of flexible budget

FLEXIBLE BUDGET

Direct materials

$41,000/10,500*12,100

Direct materials= $47,248

Direct labor=50,300/10500*12100

Direct labor=$57,965

Variable Utilities

=7600/10500*12100

Variable Utilities=8,758

Supervisor salaries $14,600 Fixed cost

8 0
3 years ago
What is the complete count of a population, including place of residence?
Alex_Xolod [135]

Answer:

Census

Explanation:

A <u><em>census </em></u>is stablished to know exactly or with a minor level of error what is the total count of population and where do they live in any given city or country.

8 0
3 years ago
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