Answer:
The correct answer is d) The production function gets flatter, while the total-cost curve gets steeper.
Explanation:
Diminishing marginal product explains why, as a firm's output increases, The production function gets flatter, while the total-cost curve gets steeper.
A firm is producing x amount of units at a total cost of Y. If it were to increase production in 1 units, its total cost would rise.
Think of a catchy slogan to go with it
Answer:
D. Whether to pay office workers a wage or a salary
Explanation:
The HR compensation functions entail rewarding employees for work done. Employee compensation includes monetary payments such as salaries, wages, overtime, profit sharing, allowances, or bonuses.
Non -monetary compensation includes benefits such as housings, paid car, insurance coverage, and stock ownership.
In consultation with the other managers, the HR managers determine the level and combination of compensation for every employee. HR has to decide whether to employ office workers on a part-time or full-time basis. Equally, HR determines whether to pay the office workers either a salary or wages.
Answer:
The correct answer is letter "C": simple structure.
Explanation:
Canadian professor Henry Mintzberg (<em>born in 1939</em>) proposes there are five types of business organization structures: <em>Simple structure, Machine bureaucracy, Professional bureaucracy, Divisionalized, </em>and <em>Adhocracy</em>. Startups usually managed by their founders are characteristic of the simple structure since this type of organization has a loose organizational structure, are usually flexible and sometimes even informal. Though, it does not leave aside the contribution of its member to achieve the goals of the organization.
