Answer:
Nominal Approach
Explanation:
The approach which is followed by manager is the Nominal approach or technique, it is that technique which involves the group process comprise of solution generation, decision making and problem identification.
It can be used many sizes of the group, who want to take a decision as by vote, rank but include everyone opinions. Therefore, in situation, this approach is used.
Answer:
D. Eclectic theory
Explanation:
Sometimes referred to as the OLI-Model or OLI-Framework, the eclectic theory simply assumes that firms and institutions will always avoid transactions in open markets of the cost of completing the same transaction internally or in-house carries a lower price. Thus, firms undertake foreign investment when characteristics of of a location combined with ownership and internalization advantage, thereby making location appealing for an investment.
Answer:
the freedom for individuals to choose businesses, the right to private property, profits as an incentive, competition, and consumer sovereignty.
Explanation:
Answer:
d. $18,900 unfavorable.
Explanation:
Direct labor efficiency variance = SR*(SH-AH)
18000 = SR*(63000-61500)
18000 = 1500 SR
SR = $12
Total standard direct labor cost for February = 63000*12= $756,000
Direct labor flexible-budget variance = $774,900 - $756,000 = $18900 Unfavorable
