Answer and Explanation:
The economics of scope refers to the total cost production cost i.e to be averaged for the various type of goods
While on the other hand, the economics of scale refers to the benefit of the cost than occurs when there is a higher production level at a time
Based on this, the classification is as follows
1, Economics of scale as the output rises that declines the LAC so automatically it goes downward
2. economics of scope
When an company makes much profit the business will florish and prosper.
<span>On-scene security, Protection, and Law
Enforcement</span>
On-scene security, Protection, and Law
Enforcement entails conducting appropriate measures to ensure the
protection of the health and safety of the public and workers, as well as the
environment, from all hazards in support of the responder operations and the
affected community
Answer:
A cost-benefit analysis involves subtracting the sum of all the business costs from the business benefits.
Explanation:
Business is the act of exchanging goods and services for commercial purposes. The main aim of conducting a business for most people is to increase sales and make profit. In order to do this, there are business decisions that go into the running of business that determine how the business will perform. Most of these decisions if taken into account can lead to overall business success. There are different methods in economics that can aid a business person to make a decision, however, in this case we will consider the cost-benefit analysis as a tool of economics that can be used to make business decisions.
As indicated above, a cost-benefit analysis is a method that businesses often use to arrive at decisions. The analysis is done by first assigning monetary units to all the activities and processes that will go into the business. The total costs are then calculated from all the expenditures that will be incurred in the business. The benefits are then calculated from all the revenue expected to be got from the business. The costs are then subtracted from the benefits. The result can be either zero, negative or positive. A zero result implies that the business will break-even, there will be no losses or profits. A negative value implies that the business will go to a loss thus not advisable to venture in it. A positive result shows that the business will be profitable therefor it would be beneficial to venture into it.
<h2>meet with Chad in person and establish goals for improvement.</h2>
Explanation:
- Whenever an employee shows negativity either to his co-employee or to sub-ordinates, it is better to call in person and meet.
- We can get the pointers which is making that particular employee to behave in such a manner or we can otherwise guide that employee in the right direction so that the organizational goals are met.
Following things will not work:
- Discussing about the poor performance of Chad's with other managers
- Sending an e-mail stating the poor performance of Chad's to all the employees.
- Warning Chad's coworker is not a good solution, because here Chad's behavior towards co-workers are wrong and not vice versa.
