Answer:
The answer is D. (2), (3), (1).
Explanation:
The First step in management's decision is:
1. Determine and evaluate possible courses of action. After ideas or changes have been finalized, determining and evaluating the different courses of action to achieve the desired result will be done.
2. Make the decision. After the deliberation on the different courses of action. The course of action that was thought of to be the best will be selected.
3. Review results of decision. After the decision has been made. Monitoring and reviewing of the chosen decision is usually the last so as to know whether or not the choice made is achieving the desired result and if not some rebalancing will be done.
Answer:
The answer is: They provide economies of scale in advertising.
Explanation:
A product line includes various products that a company offers under a single brand name. For example, Adidas has several product lines, including footwear, accessories, and apparel.
An advantage of having product lines is that the company can achieve economies of scale due to lower cost structures. These economies of scale may also benefit the company in advertising and promoting its products.
For example, the company can have a single promotion campaign, and advertise its various products that form one product line as part of that campaign. Hence, this eliminates the need for running multiple campaigns for the different products, resulting in cost savings for the company.
Answer:
The correct answer is b) tending to leave work early when possible.
Explanation:
Highly cohesive groups have more discussions and bring out more information, but it cannot be said that these groups convince dissent. Highly cohesive groups tend to have less absenteeism and rotation.
Some advantages and limitations of highly cohesive groups are as follows:
- Social position of the group: greater loyalty with the group of high social position.
- Size: the smaller the group, the closer the relationship between the group members.
- Communications: more easily to communicate, greater cohesion of the group.
- Isolation of other groups: physical isolation tends to improve cohesion.
- Management practices: the manager can encourage competition or comparison between employees to make intimate relationships between workers impossible.
- External pressures: the members of a group join more intimately when they are threatened by a common danger; They forget their differences and close ranks to oppose a new supervisor.
- Success: a group will be stronger and more cohesive if in the past their cooperative action has been successful.
Answer:
The correct answer is letter "A": We respond to marginal benefits and marginal costs.
Explanation:
Economists make assumptions about markets based on the belief individuals take rational choices. This implies people take prudent and logical decisions that yield the most benefits. In other words, it is implicit that individuals always analyze the marginal benefit and cost of a decision before they take it.
The amount of direct-labor hours that should be used to produce one unit of finished goods is the Standard hours per unit.
A standard hour is the amount of work that can be completed efficiently in an hour, Thus A Standard hours per unit is defined as the amount of labor time sufficient to finish a unit of production under normal circumstances.
Standard hours per unit is calculated as
Actual units of production x standard labor time.
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