In a capitalist system, what are the goods and tools that are used to make products?

My boss does not get the technical aspect of the job my group is trying to complete. I understand the intricacies of the project

Setler79 [48]

The given situation is called as “Expectation Management”

<u>Explanation: </u>

"The management of expectations is one of the most powerful weaponry in psychological warfare. In managing expectations people instinctively disregard other people's thoughts and then use the technique intentionally, considering own ideas as they reveal them to other people."

The manager knows just well the essence of your venture, his point of view is a little different from yours and you have to understand his point of view (or even more) because he wants to comprehend yours.

Therefore, the manager is less involved in the execution and the technical aspects of operation than can the performance and how it works to meet its organizational goals. And that's how you should refer to the manager. Clearly, your ability to provide is limited, depending on how many hours you work every day.

Any requests he makes, create scope, calculate the cost (how fast), and ask him to give priority to other demands. On this basis, you can determine when you can provide what.

6 0

4 years ago

Braxwell Corporation acquired the following assets associated with a manufacturing facility for a lump-sum price of $9,400,000.

arlik [135]

Answer:

purchase cost of patent = $1,880,000

Explanation:

total independent values = $1,100,000 + $2,200,000 + $3,300,000 + $4,400,000 = $11,000,000

we must allocate the purcahse cost proportionally:

purchase cost of building = $1,100,000/$11,000,000 x $9,400,000 = $940,000

purchase cost of patent = $2,200,000/$11,000,000 x $9,400,000 = $1,880,000

purchase cost of land = $3,300,000/$11,000,000 x $9,400,000 = $2,820,000

purchase cost of equipment = $4,400,000/$11,000,000 x $9,400,000 = $3,760,000

7 0

3 years ago

The respective payments for the resources of natural resources, labor, capital, and entrepreneurial ability are:_________

Anit [1.1K]

The respective payments for the resources of natural resources, labor, capital, and entrepreneurial capability exist rent, wages, interest, and profit

<h3>What is Entrepreneurial ability?</h3>

Instead of being represented by a single ability index, entrepreneurial ability is a blend of many different sorts of abilities. First, the foundation of entrepreneurial aptitude is human capital, which may be assessed through education, employment history, and work experience.

A successful entrepreneur needs to be able to sell, communicate, concentrate, learn, and strategize well. Continuous learning is an essential entrepreneurial talent as well as a highly important life skill. A solid growth strategy built on inborn business acumen and abilities is necessary for each firm.

Hence, The respective payments for the resources of natural resources, labor, capital, and entrepreneurial capability exist rent, wages, interest, and profit.

To learn more about Entrepreneurial ability refer to:

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6 0

2 years ago

Read 2 more answers

g a machine with a cost of $148,000 and accumulated depreciation of $103,000 is sold for $59,000 cash. the amount that should be

krek1111 [17]

In a condition wherein a machine costing $148,000 and accumulates depreciation of $103,000 is sold for $59,000 cash, then the amount that should be reported as a source of cash under the cash flows from investing activities will be $59,000. Therefore, the option C holds true.

Cash flows from investing activities include the amount(s) spent by an organization over investing in different classes of assets with a view to pursue monetary returns. They include the amounts that are received or sent as cash at the time of purchase or sales of an asset of an organization.

Learn more about cash flows here:

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Complete question

g a machine with a cost of $148,000 and accumulated depreciation of $103,000 is sold for $59,000 cash. the amount that should be reported as a source of cash under cash flows from investing activities is:

a. Zero.

b. This is a financing activity.

c. $59,000.

d. $14,000.

e. This is an operating activity.

f. $45,000.

5 0

1 year ago

Which of the following is not true of taxable asset purchases?

shutvik [7]

Answer:

e. None of the above

Explanation:

The taxable asset purchases allows the individual to increase or step up the tax basis of acquired assets so as to reflect the price of the purchases made.

If one buy an assets, then he or she wants to allocate total purchase price in a way which gives a favorable postacquisition tax results.

In case of taxable asset purchases, the tax credits or the net operating losses cannot be transferred from the target firm to the acquiring firm.

6 0

3 years ago