Answer:
Cardinality
Explanation:
In database design cardinality of relationship between two data tables shows the relationship between the rows and column of one table to other table. Cardinality commonly used are one-to-one cardinality, one-to-many cardinality and many-to-many cardinality. In which a single entry of the table related to only one and many in other table and many entries are related to many too.
Answer:
The correct answer is A) Lend support to the invisible hand by maintaining property rights and political stability
.
Explanation:
The absence of the government in legislative tasks related to the market is, therefore, one of the main bases of the economic theory developed by Adam Smith throughout his bibliographical work. For Smith, the leaders must deal with other areas of control more focused on defense or justice, leaving the market to its free operation.
The invisible hand presupposes that there is an inertia by which the market and its self-regulation leads individuals to make the best decisions for the majority of the population to achieve well-being. In other words, it is a kind of automatic control mechanism that compensates the actions taken as a whole, regulating social conformations.
Therefore, it is assumed that the self-regulation facilitated to the markets helps to achieve an optimal market. To do this, individuals must behave in such a way that they can act without state mediation and in pursuit of their own interest.
The metaphor of the invisible hand also supposes that individuals are encouraged or held back to produce or not to follow the level of prices that exist in the market. Prices and profits are sufficient indicative to know when to participate in the market or not. Basically, if there is profit in a market niche, this supposes a stimulus for production, while losses lead individuals to quit.
Answer:
Percent complete of work in process at August 31 was 60%
Explanation:
In this case opening WIP = 4,000 units which were 50 % complete
During the month we created additional 20,500 units of Work In Process
Additional 8,000 units of raw material were added.
Total units = 4,000 + 20,500 +8,000 = 32,500
Equivalent units completed = 19,500
Percentage of complete work in process at month end = ( 19,500/32,500 )
100 = 60%
Answer:
D) Project importance is enhanced by setting authority equal to that of functional departments.
Explanation:
A matrix organization is characterized by, multiple command system and overlapping of command, control and behavioral pattern.
Here, temporary project groups are created so as to handle short term projects. Personnel are drawn from functional department and their activities are controlled and coordinated by a project manager.
Once a project is completed, the structure is disbanded and the personnel return to their original departments i.e functional department.
During the project duration, a person is responsible and reports to two bosses, one being the project manager and secondly to the functional boss. Thus, under such a structure exists dual reporting.
Under matrix structure for project management, the project manager is not allowed to use resources exclusively for the project i.e like in project management. Rather, such a manager is required to share resources with the organization.
Answer:
Company must make sales of $600,000.
Explanation:
Compute the contribution margin of the company:
Contribution margin=Pre−Tax Income+Fixed Cost
=$60,000+$270,000
=$330,000
Thus, the contribution margin is $330,000. It is computed by summing up the fixed cost and the pre-tax income of the company.
Compute the total sales of the company:
Contribution margin ratio= Contribution margin / Sales
55%= $330,000/ Sales
Sales= $55% / $330,000
=$600,000
The sales of the company are $600,000.
