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Zina [86]
3 years ago
8

A(n) ________ articulates the fundamental purpose of the organization and often contains several components.

Business
1 answer:
RUDIKE [14]3 years ago
3 0

Answer:

A mission statement articulates the fundamental purpose of the organization and often contains several components.

Explanation:

A mission statement describes the aims and objectives of a certain company. It explains why the company was established. Mission statements are usually written in a very short manner, sometimes in even just a sentence.

Often, a mission statement contains components to explain what kind of customers it will attract, the main products of the company, the technology used by the company. The mission statement components might also include the beliefs upon which the company works and how they care for their employees.

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Suppose a perfectly competitive firm is producing 37 units output, and the marginal cost of the 37th unit is $3. If the firm can
sesenic [268]

Answer:

C) increase production.

Explanation:

Competitive firms maximize their accounting profits when marginal revenue (MR) = marginal cost (MC).

In a perfectly competitive market, all the producers and the consumers are price takers, so they cannot change the price of the goods. So changing the sales price is not possible. Since the marginal revenue is greater than the marginal cost, the firm should increase its production output until MR = MC.

6 0
2 years ago
As one of the top managers at DropLabs, Henry ensures that all his employees are given the right to speak freely with their mana
Mice21 [21]

Answer:

The Common Good Ethics Approach.

Explanation:

It is been argued that the best society is been guided by the people's general will.This was postulated by a French philosopher by name Jean Jacques Rousseau who lived in the year 1712 to 1778.

This approach to Ethics empathizes respect and compassion for others,most especially those vulnerable.

The employers ability to voice out their grievances,suggestions and contributions to the daily running of the organisation coupled alongside the mangers compassion and respect for all individuals confirms to my first statement which says 'The best society is been guided by the people's will ' and that supports the common good Approach.

4 0
3 years ago
Read 2 more answers
A company has a process that results in 34000 pounds of Product A that can be sold for $8 per pound. An alternative would be to
serg [7]

Answer:

After calculating, we get to know that the Product A should be sell now because, it show a difference of $23,800 through which company can earn more in the future. As the company will be better off by $23,800

Explanation:

For calculation, following things need to be considered which is shown below:

1. Product A process costing = Pounds × Per pound price

                                            = 34,000 × $8

                                            = $272,000

2. Product A costing after selling = Pounds × sale price per pound

                                                   = 34,000 × $14

                                                   = $476,000

3. Difference of costing :

=  Product A costing after selling - Product A process costing

= $476,000 - $272,000

= $204,000

4. Invested amount = $227,800

5. Actual Difference = Invested amount - costing difference

                                  = $227,800 - $204,000

                                  = $23,800

After calculating, we get to know that the Product A should be sell now because, it show a difference of $23,800 through which company can earn more in the future. As the company will be better off by $23,800

8 0
3 years ago
When a customer chooses to accept an item of value from a business because it requires no incremental spending on the part of th
iVinArrow [24]

Answer:

The correct answer is letter "B": rational people think at the margin.

Explanation:

The "rational people think at the margin" principle means that consumers consider the marginal benefits and costs of acquiring a good or service before the purchase is made. Purchases typically take place when the marginal benefit is higher than the marginal cost.

7 0
3 years ago
Which feature can be used to accomplish this?UVC wants to standardize their business logic. They want to ensure that workflow or
Anestetic [448]

Answer:

UVC wants to standardize to ensure that workflow order is guaranteed to the same each time. The feature that can be used to accomplish this is:

(A) Lightning Process Builder

(D) Visual Workflow

Explanation:

  • Lightning Process Builder is such a tool in workflow that allows your company without writing any line of code to easily automate the processes involved in the business like customer on-boarding. So UVC can use this feature to accomplish their goal.
  • Visual Workflow is such a tool that works which gives you drag and drop features in the workflow. They are more user-friendly due to their visualization feature so this feature can be used by the UVC.
  • The option B and C are not correct as they are not the good options as compared to other features as Workflow is not efficient as compared to Visual Workflow.
8 0
2 years ago
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