Answer:
Process resources.
Explanation:
Assume the process of obtaining a driver's license is considered too long because of too few people who can administer the final driving test. One way to resolve this problem is to hire more people who can give the driving test. This is an example of a change in <u>process resources.</u>
Process resouces: It is a management strategy to resolve operational issue and get smooth work flow in the process by hiring more resources to reduce waiting time and deliver the services as per expectation and on the time. It show the operational efficiency of process.
In the given case, hiring more people to adminster driving test will help in reducing the waiting time of customer and deliver services as per expectation.
It is to be noted that the company is not allocating resources efficiently. See the attached image for the Graphically illustration required.
<h3>What is allocation of resources?</h3>
This is simply the ability to efficiently distribute resources across all aspects of production.
<h3>What is the proof that the company is misappropriating resources?</h3>
MRS is the gradient of the budget line is defined by the change in the Y axis divided by the change in the x axis.
In other words, MRS is the number of units of x that a customer is ready to give up in exchange for units of y.
Note that
the MRS fo the budget line is:
-dy/dx
= -10.6/6.25
= -1.6, that is media 1.6 units of media is given for every unit of business travel.
However, the corporation claims that the MRS is -1, which indicates that for every unit of business trip, they give away one unit of media. In other words, they are paying a price equal to the cost of business travel, resulting in a resource misappropriation.
Learn more about allocation of resources at;
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Option D. Contact the retailer who sold the product.
A diversified portfolio of small-cap growth stocks would not be appropriate for an investor nearing retirement, a young investor is better equipped to take on that risk and can take advantage accordingly. <span>I hope my answer has come to your help. God bless and have a nice day ahead!
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Answer:
D) 475 million
Explanation:
Unemployment is the people who is not currently working and searching for the job. These are the part of Labor force. So unemployment rate is as follows:
Unemployed Worker = 19 million
Unemployment rate = 4%
Unemployment rate = Unemployed worker / Labor force
4% = 19 million / Labor Force
Labor Force = 19 million / 4%
Labor Force = 475 million