Answer: Option (C) is correct.
Explanation:
Constant returns to scale production function: When there is an increase in inputs (i.e capital and labor) as a result output increases by the same proportion.
For example: If the amounts of equipment and workers are both doubled in the production of bread then as a result the output of bread also doubled.
Suppose the capital and labor increases by 10% then as a result output also increases by 10%.
Answer:
C nag sa got ko sa yo yang C DAHIL SA VARIABLE
Answer:
A) A single plot falls above or below the control limits
Explanation:
The whole idea behind quality control is to identify events that need corrective action in the production process. Quality control requires that all units are tested to determine if they meet the standard.
Any unit that falls below or above the control limits must be investigated and retested in order to determine why it occurred and how you can prevent it from occurring again.
Answer:
A. Merit Pay - 2. Equity Theory
B. Gain sharing 3. Goal-setting Theory: Unit-Focused
C. Piece-Rate Systems 4. Goal-setting Theory: Individual-Focused
D. Recognition Awards 1. Expectancy Theory Instrumentality
E. Lump-Sum Bonuses 5. Extrinsic Motivation
Explanation:
Employee motivation is dependent on many factors. A person may be motivated just if his work is appreciated. He feels that his work is appreciated and for this reason he is motivated to perform better. Some people consider pay rise or monetary rewards as their motivation factor. Some people finds more authority as their motivating factor. They feel motivated if they are given more challenging work and more authority.
Answer:
An upscale "white-tablecloth" restaurant chain acquires a travel agency.
Explanation:
Few reasons:
- Such restaurant are luxurious, so they would want to collaborate with travel agencies but not acquire the whole agency itself.
- Being the upscale restaurant they have to work on their own image not acquiring unnecessary agencies.
- They have their own customer market, who won't compromise on the choices they make, so they don't need to acquire a travel agency to increase it's branding as not everyone can afford such restaurants.
