They're important because The production departement is the one that's responsible in transforming all resources/material into the products that are ready for the market.
Without the production department, companies will not be able to fulfill their sales order and many consumers will left dissatisfied with their services
Answer:
Environmental responsibility is essential for companies to remain competitive in the long term, as society increasingly demands that organizations be agents of change in society and contribute to its development.
Therefore, there are several methods for an organization to be environmentally responsible, planning is necessary for the company to understand its micro and macro environment and how to contribute to the reduction of environmental impacts. Through environmental management, a company is able to plan actions that make it more sustainable, it is therefore necessary to use questionnaires, interviews, observation and reports, so that the actions developed are aligned with the environmental purposes of the company and the community where it operates.
Environmental management helps companies achieve total quality, as it reduces waste, improves job satisfaction, creates value for stakeholders and makes the company more positioned in the market.
Answer:
$1,680
Explanation:
Based On the information given if on July 1 the company paid the amount of $3360 as a premium on a year insurance policy which as well include benefits beginning on that date, What will be the insurance expenses on the annual income statement for the first year ended December is $1,680 Calculated as:
Insurance expenses=6/12*$3360
Insurance expenses=$1,680
Therefore What will be the insurance expenses on the annual income statement for the first year ended December is $1,680
Answer:
b. $4.00 per labor-hour
Explanation:
The computation of the predetermined overhead rate is shown below:
Predetermined overhead rate = Estimated overhead ÷ Estimated labor hours
= $300,000 ÷ 75,000 labor hours
= $4.00 per hour
By dividing the estimated overhead by the estimated labor hours we can find out the predetermined overhead rate and we did the same in the above calculation
Whereas most men's suit brands focus on their craftsmanship and use of high-quality materials, Bluebird Suits distinguishes itself by emphasizing the durability of its products and deriding other suit makers as "delicate.". Bluebird is using positioning method of Competition.
<u>Explanation:</u>
Competition arises when two or more brands have a common objective. Bluebird and other brands are selling men's suits so they compete with each other.
Bluebird is trying to position its product in the market through competition. Bluebird is selling Men's suit. It trying to present its Suits different from other brands by focusing on the durability factor and telling that other brands are delicate. This will make customers believe that Suits of Bluebird will last long as compared to other brands. So, in this way, it can compete easily.
