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oksano4ka [1.4K]
3 years ago
5

The traditional view of the production process is that capital is subject to

Business
1 answer:
PSYCHO15rus [73]3 years ago
6 0

Answer:

The correct answer is letter "C": diminishing returns.

Explanation:

The traditional view of the production process establishes that the extra production generated by an additional unit of capital drops as the inventory of capital increases. Other production determinants, including human capital, natural resources, and technology keep their same levels.

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As part of a healing ceremony, Navajo sandpainters created a representation of the universe in order to help the ill return to h
baherus [9]

Answer:

(b) are those in the society who create a consumer society in which buying commodities becomes the duty of the consumer

Explanation:

Navajo sand painters are creating a consuming society (ill people) in which buying commodities (sand pictures) become the duty of the consumer (ill people who want to return to his/her proper place in the world).

5 0
4 years ago
Jenny's Corporation manufactured 25,000 grooming kits for horses during March. The fixed-overhead cost-allocation rate is $20.00
elena-s [515]

Answer:

The flexible-budget amount is $120,000

Explanation:

The flexible-budget amount is the same lump sum as the static budget.

Therefore, The flexible-budget amount is $120,000.

5 0
3 years ago
In the current period, Forward Co. started with the production of 21,000 units and completed 8,400 units, leaving 13,200 units i
____ [38]

Answer:

$2.51 per unit

Explanation:

The computation of the cost per equivalent unit is shown below:

But before that the equivalent units is to be computed

Equivalent units = units completed + equivalents units in ending inventory

= 8,400 units + (13,200 units × 42%)

= 13,944 units

Now

Cost per equivalent unit = cost incurred ÷ equivalent units

= $34,980 ÷ 13,944  units

= $2.51 per unit

4 0
4 years ago
In the rational choice decision process model, which of the following immediately follows the step where possible choices have b
nata0808 [166]

Answer:

Correct Answer:

b. Select the choice with the highest value.

Explanation:

In the rational choice decision process model, it is a series of process whereby steps are taking towards making a beneficial decision for a given business setup. <em>In a situation where </em><u><em>possible choices has been discovered,</em></u><em> the next step would be </em><u><em>to select the choice with the highest value which is going to be implemented.</em></u>

3 0
3 years ago
1. Discuss the relationship between data, information, and knowledge.
Margarita [4]

Answer:

Data are set of values or raw facts that are meaningless, Information is data that has been processed in some way or data that has been given a context. Knowledge is gotten from information by making rules to it. Knowledge always needs a rule.

Explanation:

(1) Data:

Data are a set of values or raw facts and figures.

Data are raw facts that are not useful because they lack relevance. the data can be words, numbers, images or sound

Information:

Information is either data that has been processed in some way or data that has been given a context or Examples of ways in which data can be processed are displaying the information clearly in a table, performing calculations, sorting the data.

Knowledge:

Knowledge is gotten from information by applying rules to it. knowledge always needs a rule.

Data, information and knowledge are three main building blocks that make up a much bigger picture.

Data is simply a description of something that is then saved but not in an orderly manner. Information is an organized data that is useful. Knowledge is that data/information that is organised and then processed to make a better understanding. It is known that the three components works together.  

With data being the first in the process. once the data has been classified, recorded and stored, it can then go on to the next phase of information. once the information has been organised in an orderly manner then it moves to the final phase of knowledge.

(2) In the world, an information in an organization or most likely knowledge is one of the most important resources, organizational capacities are based after the specific competencies in sharing and integrating information and knowledge.

Thus, most systems and knowledge writing attempts are not successful. in some cases, where there is technological or IT deficiencies included, the purpose of sharing is rarely attained and even reaching relative success is not simple (Hislop, 2002). the change in advancement is a unique characteristic of this new modern era, referred to as the grow older of information.  

Organizations of this modern age are faced with the challenges of active stability at various levels.  

Today, organizations are faced with such extensive amount of information and relief of knowing that controlling and using them effectively has become one of their major concerns. Operator’s knowledge based.

3 0
4 years ago
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