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Trava [24]
3 years ago
13

At a Schlage Lock factory, many employees are needed to use tiny screwdrivers and other tools to carefully assemble the inner wo

rkings of door knobs and locks. They must sit at a station and look through a magnifying glass to complete this work. This production process could best be described as
A) labor-intensive technology.
B) highly automated.
C) capital-intensive technology.
D) high capacity.
E) refined product design.
Business
2 answers:
SVEN [57.7K]3 years ago
8 0

Answer:

Labor intensive technology

Explanation:

Labor intensive technology is an approach in which a large amount of labor is needed for the production of goods and services.

Labor intensive technology require a low running cost because the workers are in charge of performing most of the tasks and activities.

In labor-intensive technoloy, the workers can provide feedback about the product, this gives room for continuous improvement and growth in the organization.

Sonja [21]3 years ago
7 0

Answer:

A. Labour intensive technology

Explanation:

Labour intensive technology involves the use of excess labour required for the production process. Industries carrying out labour intensive technique requires a high amount of labour to produce it's good and services. In this case, the physical efforts of employees is needed in the organization to assemble inner workings of a door knob and locks. The level of labour intensity is usually measure with capital used. The higher the labour use, the more labour intensive it is.

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Allen and Lewis are friends who each recently purchased real estate. Allen purchased a patio home in a small town an hour from t
Dima020 [189]

Answer: Area preference.

Explanation:

According to the question although the initial value of both Allen and Lewis property were similar, the siting of Lewis' condo makes it more valuable than Allen's, because it is closer to the city center. Therefore the economic characteristic at play in the question is that of area of preference, that's what separate the value of both properties.

4 0
3 years ago
Read 2 more answers
The Mayo Clinic in Minnesota is known for top-quality medical care. For decades, even presidents and dictators from around the w
sesenic [268]

Answer:

E.match its core competencies.

Explanation:

The Mayo Clinic in Minnesota is known for top-quality medical care and focusing its efforts on satisfying customer needs that match its core competencies.

every organization has is desire goals and vision.

the goals and vision of Mayo clinic is satisfying customer need which made them provide all the social amenities and medical equipment and infrastructure needed for quality treatment of patient.

with this core competencies : its makes then increase and advance there there establishment to other countries.

4 0
3 years ago
In March 2012, the state of California started requiring that all packaging for food and drink with the additive 4-methylimidazo
Margaret [11]

Answer:

The demand curve for Pepsi and Coke would have shifted to the left, causing the price of both products to decrease and the profits for both companies to fall.

Explanation:

As in the question it is mentioned that the if the Pepsi and Coke do not change the formula and all other things being constant so the demand for the goods in case of the competitive market is that the demand curve is shifted to the left which results in a decrease in the price of both goods also due to price falls the profits for both companies dropped.

4 0
4 years ago
The New American Enterprise Mutual Fund's portfolio is valued at $120,000,000. The fund has liabilities of $4,000,000, and the i
sasho [114]

Answer:

e. $20

Explanation:

The net asset value (N) for The New American Enterprise Mutual Fund's portfolio is given by the funds total value ($120,000,000) subtracted by its liabilities ($4,000,000)  and then divided by the number of shares issued (5,800,000) .

N = \frac{\$120,000,000-\$4,000,000}{5,800,000} \\N=\$20

The fund's net asset value is $20

3 0
3 years ago
You have been purchasing $12,000 worth of stock annually for the past eight years and now have a portfolio valued at $87,881. Wh
slega [8]

Answer:

28.3%

Explanation:

The formula to calculate the final amount for compound interest is:

A=P(1+\frac{r}{n})^{nt}

where

A is the final amount

P is the principal

r is the rate of return

n is the number of times the interest is compound in a time t

t is the time

Here we have:

P = $12,000 is the principal

A = $87,881 is the final amount

t = 8 y is the time (8 years)

n = 1 , since interest is compounded every year

Therefore, solving for r, we find the rate of return:

\frac{A}{P}=(1+r)^t\\r=\sqrt[t]{\frac{A}{P}}-1=\sqrt[8]{\frac{87,881}{12,000}}-1=0.283=28.3\%

8 0
3 years ago
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