If the LRATC curve is falling, economies of scale are present.
<h3>What is LRATC?</h3>
- A business indicator known as long-run average total cost (LRATC) shows the average cost per unit of output over a lengthy period of time when all inputs are assumed to be erratic and the production scale is flexible.
- The long-run average cost curve displays the long-run total cost of production at the lowest level of output.
- Because businesses can adjust major parts of their operations, like factories, over a lengthy period of time to attain maximum efficiency, long-term unit costs are typically lower than short-term unit costs.
- Identifying the lower boundaries of LRATC is a goal shared by investors and firm management.
- If the LRATC curve is falling, economies of scale are present.
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Answer:
1. Product
Explanation:
Perdue finding out that one of its chicken products may have been contaminated with bacteria, pulled it off the shelves and instituted a recall.
Hence, this potential ethical issue is associated with product marketing mix because Perdue was very much concerned about the quality level, safety and reliability of his chicken products. This simply means, Perdue is much more interested in producing and selling highly uncontaminated products to it's customers.
A product marketing mix is focused mainly on the products, reason Perdue pulled the chicken products off the shelves and instituted a recall.
This would help to boost confidence among their customers to use more of their products in the future and by extension their market share.
The answer to this question is the Ethical organizational Cultures. The Ethical organizational Culture is the standards and principles that the business or company believes which makes an impact to the members of the organization and these values gives impact to them. Each company have a different or unique organizational culture.
Answer:
The correct answer is active.
Explanation:
Flexibility is the only physical capacity that does not evolve with age, but quite the opposite, since after two months of age the loss of this quality begins. Therefore, exercising it will be essential to avoid loss as much as possible.
Active flexibility: it is the maximum amplitude of a joint or movement that a person can reach without external help, which only happens through the voluntary contraction and distension of the muscles of the body.
Answer:
The reception of the organization is the first place that a visitor sees. It is first observation of any visitor and then a perception is created about the whole organizations. The staff at reception must be well dress according to the organization rules.
Explanation:
The staff should be polite and speak gently to every one. There should be a culture of greeting every one in the organization this is the basic and an important etiquette. The workplace of every individual should be clean and the files and papers should be arranged properly. Everyone should speak politely to each other so that the other staff working in office does not gets irritated.
