Answer:
True
Explanation:
A team of eight individuals from the same department who meet for a few hours each week to discuss ways of improving quality, efficiency, and the work environment are most likely a self-managed work team.
A self-managed work team is a self-organized, semi-autonomous <u>small group of employees whose members determine, plan, and manage their day-to-day activities and duties under reduced or no supervision.</u>
A self-managed work team can also be referred to as a self directed team or self-managed natural work team.
Answer:
An example of scarce source of production is "Labour"
Explanation:
An example of scarce source of production is "Labour"
Labour
This refers to the work done by those who contribute to the production processes. Many people not in paid employment also provide things that are needed by people. For example, a woman might not hold a job in order to raise her children and look after the home. Some people are more productive in the work place than others because they have different levels of education, training and experience. They are said to possess a greater amount of human capital. This implies that this factor can be enhanced in an economy through educational initiatives and investment in training.
Answer:
The answer is option A
Explanation:
Amount($) Activity cost pools Allocated amount($)
Wages and salaries 340,000 30% 102,000
Depreciation 160,000 15 % 24,000
Occupancy 220,000 15 % 33,000
Total 720,000 159,000
Cost driver (hours) 30,000 machine hours
Rate per machine hr 159,000 ÷ 30,000
=$ 5.30
