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3 years ago

Efficiency is:

Business

1 answer:

sattari [20]3 years ago

6 0

Answer:

d. defined as the time it takes to produce a product.

Explanation:

There are two concepts i.e Efficiency and effectiveness

Efficiency: In this, the work or task is performed with minimum time, effort and with available resources or we can say in the best possible manner. It deals with the techniques, not the output that will be produced after applying the techniques

Effectiveness: In this, the business organization aims to achieve its goals and objectives. It gives the end result of a particular task.

So, the correct option is d.

You might be interested in

Peterson Corporation wanted to run an ad campaign that featured popular songs sung by the original singer. The aim was to make a

belka [17]

Answer:

Misappropriation refers to the use of another person's intellectual property including their name or likeness without prior permission from the person which can then cause harm to that person.

This is indeed an example of misappropriation because the company tried to use Bette's likeness in the commercial. After being rebuffed by Bette saying that she does not do commercials for whatever business or personal reasons known to her, they still sought to use her popularity and image to make their products more popular.

To do so they hired a backup singer and told her to sing as much like Bette as she could so much so that even Bette's close acquaintances thought that it was Bette. If her close acquaintances could think it was her, imagine the general public.

They therefore made it seem as though Bette did their commercial which then would mean that Bette does in fact do commercials which would do damage her assertion that she does not do same. This would bring harm to her business relationships if for instance she had rebuffed other companies in the past when they sought her to do their commercials.

This is a case of Misappropriation and Bette should sue.

8 0

3 years ago

What term describes the legal ways to use copyrighted material without permission?

iVinArrow [24]

Answer:

Fair use is the right to use a copyrighted work under certain conditions without permission of the copyright owner.

Explanation:

hope this helps you

8 0

2 years ago

Construct a balance sheet for Sophie’s Sofas given the following data. What is shareholders’ equity? Cash balances = $10,000 Inv

Mrrafil [7]

Answer:

Balance Sheet of Sophie's Sofas for the year ended December 31th 20XX

Cash 10,000 Account Payable 17,000

Account Receivable 22,000 Long Term Debt 170,000

Inventory 200,000 Total Liabilities 187,000

Current Assets 232,000 Stockholders Equity 145,000

PPE 100,000

Total Assets 332,000 Total SE + Liab 332,000

Explanation:

We calculate equity using the accounting equation:

Assets = Liabilities + Equity

We add all the assets in one column, and the liab in another. Now, once we got these two, we calculate equity by subtracting:

332,000 - 187,000 = Equity = 145,000

6 0

3 years ago

Sparks Stationery Company is a price - taker and uses target pricing. The company has just done an analysis of its revenues, cos

kodGreya [7K]

Answer:

Option (A) is correct.

Explanation:

Given that,

Target full product cost = $500,000 per year

Actual fixed cost = $280,000 per year

'Actual fixed cost cannot be reduced'

Actual variable cost = $3 per unit

Production volume = 151,000 units per year

Therefore,

Total target variable cost per unit cannot exceed:

$=\frac{Target\ full\ product\ cost-actual\ fixed\ cost}{Production\ volume}$

$=\frac{500,000-280,000}{151,000}$

$=\frac{220,000}{151,000}$

= $1.46

7 0

3 years ago

Effect of Errors in Physical Inventory Fonda Motorcycle Shop sells motorcycles, ATVs, and other related supplies and accessories

BigorU [14]

Answer:

Current asset(Inventory)/ Asset will be overstated by $11,080. Also, the owners equity (by virtue of the net income) will also be over stated by $11,080.

Explanation:

The overstatement of year end inventory results in the understatement of cost of goods sold which in turn results in an overstatement of the net income.

Hence if Fonda incorrectly counted its inventory as $277,020 instead of the correct amount of $265,940, inventory will be overstated by

= $277,020 - $265,940

= $11,080

This means that the current assets (inventory) would be overstated by $11,080. Also, the owners equity (by virtue of the net income) will also be over stated by $11,080.

3 0

3 years ago