Answer:
Microeconomics
Macroeconomics
Macroeconomics
Explanation:
Microeconomics studies how individuals and firms make decisions in allocating scarce resources.
Some of the topics studied in microeconomics are :
marginal utility
Demand and supply
Elasticity of demand and supply
Market structures
Macroeconomics studies the economy as a whole.
Macroeconomics concepts include:
national income
gross domestic product (GDP)
inflation
unemployment
The effect of a cigarette tax on the quantity of cigarettes sold studies the microeconomic concept of demand and supply.
The effect of a large government budget deficit on the economy's price level and the optimal interest rate for the Federal Reserve to target studies macroeconomics concepts
I hope my answer helps you
Answer:
d. All of the Above.
Explanation:
A production goal may be set too high by upper management because they have no idea about the actual cost of the production and they are unable in calculating it exactly, which could be due to many factors. They might have under-estimated the difficulty of meeting the desired goals. Division managers might have over-stated the difficulty of meeting the required goals, consequently, all of these reasons become the main logic behind setting the goals too high by the upper management. In order to avoid this situation, top level managers should have the real-time data about the project so they can set the targets and goals realistically.
Answer:
A...increase
B...be unchanged
C....increase
Explanation:
It should be understood that it is only the telephone lines that was increased and not the number of the customer representatives, and also the number of the time they were using to attend to each customer was not reduced. So in this case, the number of customers that will be experience delay will definitely increase, why the time spent on phone by the customer representatives will remained unchanged, and the customer representatives utilization will increase too.
Answer:
D, a pareto diagram
Explanation:
The pareto diagram was named after the discoverer of the diagram/technique, Vilfredo Pareto. He used the diagram in his study of wealth and poverty in Europe in the 1900s.
The pareto diagram is a bar chart that ranks related events in decreasing other of occurrence. It contains both a bar and line graph. The individual events are recorded by the bar while the total event is recorded by the line graphs.
In the above question, for Clarissa to identify defects, she has to use Pareto diagram which will have the defects represented by the bar and the total production process by the line graph. This helps her to find out the stage in production where the defects started from and how much effect it has onn the production process.
Cheers.
Answer:
The correct answer is the second option: to monitor the progress of a multi-step project during its development.
Explanation:
To begin with, a <em>"Program Evaluation and Reviews Techniques"</em> or PERT as it name indicates it refers to an stadistic technique by which the companies can follow the process of certain projects that they are having currently. Moreover, its main purpose is to manage and analyze the steps that a project has in order to make them less susceptible to errors. In addition to that, its main factor to observe is the time during the steps of the project. Nowadays is very common to use a tool like this in major companies.
