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Kisachek [45]
3 years ago
11

7. As you track your progress, you'll act, observe, adjust, and then

Business
1 answer:
IRISSAK [1]3 years ago
8 0

Answer:

A. Act Again

Explanation:

In business, tracking a progress is made to ensure that you make a constant improvement within your operation.

During the observation process, you'll notify the things that can either become a hindrance or improvement to your operation. During the adjustment process, you'll eliminate the hindrance and add the things that can become the improvement into the plan.

After both of these were done, you need to act to execute the plan and check the progress again. This will form a cycle that you need to do throughout the operation.

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A free enterprise system provides individuals the opportunity to make their own economic decisions, without restrictions from th
ozzi

Explanation:

The free enterprise system is one influenced by the market, which will determine all economic variables, such as price, products and services, and is a system independent of government control to function.

Therefore, it is correct to state that in a free enterprise system, the offer and demand of the consumer for a product or service that will be the determinant of the success or failure of an organization.

As an example of an entrepreneur, we can mention Steve Jobs, who created one of the largest technology companies in the world, Apple. The free enterprise system was one of the reasons for Apple to succeed in becoming one of the most valued companies in the world, due to the fact that it brought innovative products to the market that became examples of products of value to consumers, which made company to grow and become so successful in the market. If the company operated in a government-controlled market, it would probably have to follow specific rules and restrictions for the production of its products that could limit the company, and its performance could be restricted and not as innovative as the company in the market, which is one of the reasons why it achieved success.

5 0
3 years ago
Blank is the ability of a product to satisfy a customer
kondor19780726 [428]
Utility is your answer. Quality could be your answer as well.
Though, by definition:
Utility - u<span>seful, profitable, or beneficial.</span>
5 0
3 years ago
Read 2 more answers
SOMEONE PLEASE HELP
Umnica [9.8K]

The shareholders elect the board of directors.

6 0
3 years ago
Read 2 more answers
What role does utility loading... play in the economic model of consumer​ behavior? when modeling consumer​ behavior, utility?
xenn [34]
Reflects the satisfaction a consumer receives from consuming a particular set of goods and services
4 0
3 years ago
Thomlin Company forecasts that total overhead for the current year will be $11,898,000 with 156,000 total machine hours. Year to
weqwewe [10]

Answer:

Predetermined manufacturing overhead rate= $76.27 per machine hour

Explanation:

Giving the following information:

Thomlin Company forecasts that total overhead for the current year will be $11,898,000 with 156,000 total machine hours.

<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 11,898,000 / 156,000

Predetermined manufacturing overhead rate= $76.27 per machine hour

4 0
3 years ago
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