Answer:
Transfers traditional internal activities to outside vendors.
Utilizes the efficiency which comes with generalization
Explanation:
Outsourcing can be regarded as a business practice which involves hiring a party from outside of the company so that the party can perform particular services as well as creation of goods which traditionally are been performed in-house by the employees and staff of the own company.Outsourcing helps in cost-cutting measure
It should be noted that Outsourcing ;
✓Transfers traditional internal activities to outside vendors.
✓Utilizes the efficiency which comes with generalization.
The given scenario is a good example of overuse of a car.
<h3>What is Overusing?</h3>
This refers to the situation where a person makes use of a thing or product, beyond its normal use and causes it to breakdown or wear and tear.
Hence, we can see that in the given scenario, a car has a great mileage which means it has been driven a lot and as a result of this, the tires wear out and needs replacement and this is an example of overuse.
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A relatively inexpensive item that merits little shopping effort, is called Convenience product.
<h3>
What is the Product?</h3><h3>
</h3>
Product refers to the finished goods or the material that has been converted from the raw material to fulfill the needs of the customer. There are four types of product i.e. convenience goods, shopping goods, specialty products, and unsought goods.
Convenience product is that type of the product which can be purchased with the minimal efforts because it is cheap in value and can be purchased frequently.
In the above case, Carolina picks up the toothpaste which is the example of the Convenience product.
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"Responsibility must be balanced by a healthy sense of commitment so that team members can see their...." This is further explained below.
<h3>What is Responsibility?</h3>
Generally, Responsibility is simply defined as the condition or reality of having an obligation to deal with something or of having authority over someone.
In conclusion, Responsibility must be balanced by a healthy sense of commitment so that team members can see their contribution to the overall mission, while not allowing themselves to think they are indispensable to mission accomplishment.
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Answer:
The total costs of Model A, B and C are $57,567.57,$ 115,175.68 and $67,756.76 respectively.
However,cost per unit of Models are highlighted below:
Model A $50
Model B $75
Model C $20
Explanation:
In calculating the total costs of models using activity-based costing system and activity based management, I multiplied the quantities by labor cost per unit and material cost per unit in order to arrive at total material costs and total labor costs.
However, in calculating overheads I multiplied direct labor hour per unit by the total quantity of product produced,then summed to together all labor hours to arrive total labor hours for all models with which I then shared the labor support overhead between the models.I repeated the same exercise for material support overhead as well.
Lastly, I added together all square feet ,then apportioned the facility to models based on each model's square feet divided by total square feet.
Find attached for detailed calculation.
