In line with the reading, one gain of having smaller organizations are groups works more quickly and better participation amongst group members.
A set is a group of human beings with some commonplace characteristics or cause. a group can consist of any number of human beings. human beings in organizations engage, interact and perceive each different, often at regular or pre-determined instances and locations.
Groups name such companies in-agencies. Fraternities, sororities, sports teams, and juvenile gangs are examples of in-agencies. members of an in-group frequently come to be competing with contributors of another group for diverse sorts of rewards. This different organization is referred to as an out-organization. a set is formed with at least members. typically, the number of institutional participants in a collection ranges from 15 to twenty participants. It will become tough to control a big institution. consequently, it's miles stated that the more individuals in a set the more complex it's far to control.
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Answer:
d. higher product quality.
Explanation:
Globalization has led to <u>higher product quality</u>. Globalization is a preeminent idea that has converted to the main constituent in the business world through the last several decades. Consumers have a wide abundance of choices in the market furthermore this concerns their behaviors. They want to obtain goods as well as services quickly including in a more effective way than previously. They additionally expect tremendous quality moreover low charges.
Answer:
A.Marginal Revenue $3
B. No
Explanation:
A.Calculation for the Marginal Revenue (MR) that the firm earn from sale of the output produced by the last worker employed
Based on the information given we were told that the Marginal Physical product of the last unit of labor was 5 units per hour in which the firm pays each worker an hourly wage of $15. Now let calculate the Marginal Revenue using this formula
Marginal Revenue = Employees hourly wages/Marginal Physical product unit of labor
Where,
Employees hourly wages=$15
Marginal Physical product unit of labor =5 units per hour
Let plug in the formula
Marginal Revenue =$15/5
Marginal Revenue =$3
B. No reason been that the current profit-maximizing hourly output was 100 units in which we were told that the firm sells at a price of $5 per unit. While the Marginal Revenue gotten in (A) above was $3 which is lesser or lower than $5 per unit which simply means that the firm does NOT sell its output in a well perfectly competitive market .
Answer:
The Journal entry at the beginning of the year is as follows:
Estimated revenue A/c Dr. $1,342,500
Estimated other financing sources-Bonds proceeds A/c Dr. $595,000
To Appropriations control $960,000
To Appropriations-Other financing uses-operating transfer outs $532,500
To Budgetary fund Bal. $445,000
(To record entry at the beginning of the year)
<span>There are four characteristics used to classify each retailer. These are used to satisfy each and every customer's needs. The first one is the type of merchandise they sell. Second is the level and type of customer service given. This is the type of merchandise sold at the retail store. The last characteristic is the price of the merchandise being sold at the retailer.</span>