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3 years ago

Ways by which scientific management play a role in the management of a modern crisis .

Business

1 answer:

natali 33 [55]3 years ago

8 0

Answer:

The importance of deploying a scientific management system usually comes to its fore during the outbreak of a global modern crisis. The following illustrate ways by which the scientific management system plays a role in combating and managing a modern crisis;

1.) Employing media technological concepts in aiding the speedy passage of information required to educate the masses.

2.) Deploying innovative measures in ensuring effective compliance with laid down guidelines required to mitigate the crisis.

3.) Leveraging the capability of remote jobs aided by technology to serve as a substitute for office-based jobs in other to ensure continued operation of essential and vital duties.

4. Higher reliance on automation and machinery to compensate for the reduction in manual labor required at the time of crisis.

Explanation:

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The practice of changing prices for products in real time in response to supply and demand conditions is referred to as

amm1812

Answer:

Dynamic pricing

Explanation:

In simple words, Dynamic pricing, often alluded to as rising rates, vibrant pricing as well as period-based pricing, relates to the pricing technique under which companies set variable prices for goods or commodities on the basis of existing consumer demands. A main benefit of competitive pricing seems to be the opportunity to increase the income with each consumer.

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3 years ago

Avia Company sells a product for $150 per unit. Variable costs are $70 per unit, and fixed costs are $1200 per month. The compan

Leya [2.2K]

Answer:

$80 per unit

Explanation:

Data provided in the question:

Per unit selling cost of the product = $150

Per unit variable cost of the product = $70

Total fixed cost per month = $1200

Now,

The unit contribution margin is calculated as:

unit contribution margin = Selling price per unit - Variable cost per unit

Thus,

unit contribution margin = $150 - $70

unit contribution margin = $80 per unit

Hence,

The correct answer is option $80 per unit

4 0

3 years ago

According to the multiple levels of analysis anchor:

nirvana33 [79]

ob topics typically relate to the individual, team and organizational levels of analysis.

7 0

3 years ago

As a result of a thorough physical inventory, Sheridan Company determined that it had inventory worth $320800 at December 31, 20

uranmaximum [27]

Answer:

Sheridan Company

The correct amount of inventory that Sheridan should report is:

= $367,100

Explanation:

a) Data and Calculations:

December 31 Inventory based on physical inventory = $320,800

Goods held on consignment by Herschel = 46,300

December 27, FOB destination goods ($22,000) 0

Correct amount of inventory that Sheridan should report $367,100

b) Goods on consignment are generally the property of the consignor (supplier) and not the consignee's (retailer's). Therefore, they must appear in the balance sheet of the consignor. Goods on FOB destination remain the property of the supplier until they reach the buyer's destination. This is why it is not included above.

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3 years ago

You have decided to buy a used car. The dealer has offered you two options: (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use

Jobisdone [24]

Answer:

$17,167

Explanation:

The first step is to calculate amount of cash that would be charged

For 30 months, pay $520 per month for 30 months and an additional $10,000 at the end of 30 months.

Present value is = 2,221

Then

The present value of the payment options is =

($520 * PVA (24% 12,30) + $10,000 PV ( 24% 12,30))

$520 * 22.396 + $10,000 * 0.5521

$11646 + $ 5521

$17,167

Therefore the amount of cash the car dealer would charge is $17,167

7 0

3 years ago

Ways by which scientific management play a role in the management of a modern crisis .​

Ways by which scientific management play a role in the management of a modern crisis .