Answer:
The Answer is A) True
Explanation:
The marginal cost of production and marginal revenue are economic measures used to determine the amount of output and the price per unit of a product that will maximize profits. A rational company always seeks to optimize its profit, and the relationship between marginal revenue and the marginal cost of production helps to find the point at which this occurs. The point at which marginal revenue equals marginal cost maximizes a company's profit.
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Answer:
True
Explanation:
Job Specification is comprehensive set statement to demonstrate the pre-requisite of any job for which any hiring is to be done. Job specification includes information about job designation, location , roles and responsibilities, qualifications, skill set required, experience in terms of number of years, job objective and other necessary details specific to the job.
The objective of job specification is
- To ensure that people with only right skill apply for job
- It makes easier to filter out candidates based on the mapping of requirement and candidate profile
- It makes easier for hired person to understand his responsibilities and get molded it into the role easily.
Since the problem says that Career builder has posted for sales management position which includes information on number years of experience and educational qualification, which is part of job specification and hence the statement is true.
Answer:
it can help get the job done in a timely manner
Explanation:
Answer:
There are a few advantages and disadvantages of these three forecasting sales: moving average, weighted moving average, and regression analysis.
Explanation:
The moving average method is the method in which calculation of a overall trend in a data set is done. It is a simple method. But its disadvantage is that this method doesn't take the data outside the average period into accounting.
The weighted moving average method uses exponential method to verify if the past data's effect is correct, Thus, this makes it more accurate in measurements. But, the disadvantage is that it is difficult to use.
The regression analysis method is majorly used for prediction and forecasting. But the disadvantage is its limitation to the linear relationship so it is not able to provide accurate result in case there are more than one variables.
Linear Multiple Regression Analysis method shows relationship between independent and dependent variables. This is best for sales forecast because it is easy to use for decision making and helps solving business problems
.