Answer:
E) Oil imports declined as countries exporting oil reduced supply.
Explanation:
Oil is extremely important for industrialized nations and since Euphrasia is a mixed open economy, we can assume that it is an industrialized nation. Oil has become the most important energy source for more than 60 years and is the raw material for manufacturing plastic.
During the 1970s and early 1980s the American economy was shattered by an increase in the price of foreign oil and a decrease in its domestic production levels. The importance of oil is also why so many modern wars have been fought over oil production and reserves.
Answer:
The MCB Manufacturing's total product costs is $170,560
Explanation:
The computation of the total product cost is shown below:
Total product cost = Indirect Labor + Direct Labor + Indirect Materials Used + Direct Materials Used + Factory Utilities + Factory Janitorial Costs + Manufacturing Equipment Depreciation
= $53,000 + $40,000 + $7,500 + $65,000 + $760 + $1,200 + $3,100
= $170,560
Thus, the product cost is that cost which includes all types of direct and the indirect costs which are used to ready the product.
Answer:
Situational Leadership Model (SLM), which leadership style should you exhibit at the next meeting?
Style 4. Delegating
Explanation:
Situational Leadership is based on the relationship between leaders and followers and serves as a framework to analyze each situation.
Situational Leadership: Delegating
Delegating: When you create a follower who feels fully empowered and competent enough to take the ball and run with it, with minimal supervision. The follower is highly competent, highly committed, motivated, and empowered.
Answer:
People are more creative and produce more ideas when they are in a good mood
Explanation:
Dawn Wang heads an ad agency in Texas and regularly needs to work with copywriters, artists, and designers to come up with effective branding solutions for products. For one of the company's esteemed clients, Wang and her team need to brainstorm ideas for a slogan for the client's new line of clothing. In such a situation, it is particularly important for Wang to make his team happy because people are more creative and produce more ideas when they are in a good mood.
