Answer:furniture manufacturer: wood→sanding→chair---C
Explanation:
Operations management is the part of a production system that administers best business practices to create the highest net operating profit within an organization. It involves the management of converting raw materials and labor into finished goods and services by passing through efficient processes so as to maximize profit of an organization.
In Operations management, efficient productivity , coordination and formulation of new improved process is important because to maximize profit requires constant innovation to reevaluate current practices. An operations management is involved in inputs, process and outputs as can be seen illustrated below.
furniture manufacturer: wood→sanding→chair
Answer:
b) Additional paid-in capital.
Explanation:
Closing process in accounting is a period end activities which involves
the movement or transfer of temporary accounts to permanent accounts.
Temporary accounts are all income statement accounts like sales account, rent account, depreciation expense account, telephone expense account e.t.c.
This exercise is to prepare temporary accounts for the next period. since temporary accounts are measured as at period end, the transaction of a period must not be allowed to mix with another, hence the need to always close or bring to zero all temporary accounts.
In the question, all are income accounts except additional paid-in capital
Answer:
The Answer is as follows;
Explanation:
Dividend on preferred stocks=$10*7.5%=$.075
Transaction Costs=$1
Total financing Cost=$1.75
Which is 17.5% (1.75/10)
The market price is not relevant for company's cost of financing. Therefore we have taken dividend payable on face value and transaction costs of issue for purpose of determination of financing cost.
When a company fails to execute its strategic plan, the first reaction is often to rewrite the org chart or tweak incentives. Clarifying decision-making authority and improving the flow of information both at the management level and throughout the organization is much more effective. After that, the appropriate structure and motives are usually set.
Similar to the Galbraith and Nathanson model, this is a systems-based model in which strategy development is processed as inputs from four interconnected elements: organizational structure, management processes, human resources, and culture, and outcomes achieve strategic goals as
A strategic plan is a systematic process of envisioning a desired future and translating that vision into broadly defined goals or goals and a series of steps to achieve them.
Learn more about the strategic plan at
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When producers do not have to pay the full costs of producing a product, they tend to OVER PRODUCE THE PRODUCT BECAUSE OF A SUPPLY SIDE MARKET FAILURE.
When producers are required to pay less than their cost of production for manufacturing their products they tend to produce more products, this is because, producing more products will cost less in production costs compare to if they are required to pay the full cost of production.
