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fgiga [73]
2 years ago
10

To transform resources into profits, organizations combine type types of work - operations and ___________.

Business
1 answer:
Vlad [161]2 years ago
4 0

Answer: Apart from the resources, there are three important factors for production, these are work (people or man hours available), investment (machinery and equipment needed) and organization (business planning).

Explanation: The first three factors were selected by the classical economy where Adam Smith and David Ricardo appeared, to these other organizational factors have been added, however their objective is the same, so that a company achieves the goals set, it has the task of combining these factors in the best way possible. Example: maximize man hours, use the best machinery, that the land or resources are prepared for production.

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What is price elastic of supply
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Which of the following is not a relatively recent change in policy concerning welfare
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3 0
3 years ago
Read 2 more answers
Dr. Dawson is considering two business opportunities. Both require an initial investment of $200,000. The first will return $50,
Step2247 [10]

Answer: please refer to the explanation section

Explanation:

Investment $200 000, Profit = 50 000 and n = 6

Present Value(using 7%) = 50000/ (1 + 0.07)^6 = 33317.11

Present Value(using 8%) = 50000/ (1 + 0.08)^6 = 31508.48

Present Value(using 9%) = 50000/ (1 + 0.09)^6 = 29813.37

Present Value(using 10%) = 50000/ (1 + 0.10)^6 = 28223.70

Present Value(using 7%) =  50000/ (1 + 0.12)^6  = 25331.56

Investment $200 000, Profit = 35 000 and n = 10

Present Value(using 7%) = 35000/ (1 + 0.07)^10 = 17792.23

Present Value(using 8%) = 35000/ (1 + 0.08)^10 = 16211.77

Present Value(using 9%) = 35000/ (1 + 0.09)^10 = 14784.38

Present Value(using 10%) = 35000/ (1 + 0.10)^10 = 13494.02

Present Value(using 12%) =  35000/ (1 + 0.12)^10  =  11269.06

All present value figures have been rounded of to two decimal places

 

7 0
3 years ago
What will happen if business partners fail to establish articles of partnership?
Natasha_Volkova [10]
<span>If business partners fail to establish articles of partnership they will fall under the Uniform </span>Partnership Act. 

This Act serves as a governance of business partnerships. This act gives a framework design to establish how partnerships should be working together and how they will be held accountable for actions taken. 
3 0
3 years ago
Read 2 more answers
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