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Anton [14]
3 years ago
12

1. Define scarcity. What signifies to managers that a resource used in production is becoming scarce? What impact does this have

on management decisions?
Business
1 answer:
Stels [109]3 years ago
8 0

Answer:

scarcity means that a good is limited in supply, relative to it's demand.

Explanation:

By limited, it means that the available resources are not enough for the satisfaction of a need.

Price hikes tells us of scarcity of a resource. When the price of a resource or good gets increased or is continuously increasing the price of the resource may show that it is scarce.

Management have to allocate resources in such a way that they do not have to run out of the resources or or they may decide to use substitute resources.

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During 2019, Zigma Company earned service revenue amounting to $800,000, or which $645,000 was collected in cash; the balance wi
timofeeve [1]

Answer:

$800,000

Explanation:

Given that;

Sales revenue = $800,000

Cash collected = $645,000

Remaining amount cash collected in January = $155,000

And the delivery of goods is $11,100

Here, since the service revenue earned is $800,000 and same amount would be reported under the income statement, other items given would be ignored.

It therefore means that the sum of $800,000 should be the 2019 income statement report for service revenue.

8 0
2 years ago
What are the types of experiences, especially staffing-related ones, that an organization will be likely to have if it does not
lisov135 [29]

Answer and Explanation:

There are various types of experiences that in case when the organization does not engage in HR and staffing planning which are as follows

1. Employees in shortage capacity

2. In shortage of skills

3. Lacking of motivation skills

4. Inflexible working environment

5. Inadequate workforce, etc

These types of experiences the organization is facing if it is not engaged with the HR and the staffing planning

3 0
2 years ago
Devon, an accounts manager at a large electronics firm, does not have any direct international responsibilities; however, Devon
Nonamiya [84]

Answer:

Develop International management skills

Resolve commercial challenges. ...

Explanation:

Devon would most likely benefit from studying international business issues because it will help him:

1. Develop Management Skills: Devon might grow to a management position in an international company without having the required skills and knowledge on how to manage a multi-cultural business environment.

2. Resolve Commercial Challenges: Although Devon does not have international responsibilities, he might be appointed into a team or would be much more valued in the company if he proffers solution to commercial challenges. The ability to do so will be gained with a study in international business.

5 0
3 years ago
In business writing, it is effective to tell a story because readers can_____.
Elan Coil [88]
Write the story brief so the readers can paraphrase. they can basically rewrite it.<span />
7 0
3 years ago
Read 2 more answers
Not showing up to work on time on a regular basis could cause your manager to question your:
likoan [24]

Answer:

Professionalism.

Explanation:

Professionalism can be defined as an act which typically involves the positive behavior, conduct and attitude that are being exhibited by an employee. Thus, being a professional simply means that the person displays some level of professionalism such as being responsible, punctual, excellent, ethical, respectful, dedicated, dogged etc.

Basically, it is very important and essential for employees to act in a professional manner while performing their job functions or executing various tasks.

Hence, not showing up to work on time on a regular basis could cause your manager to question your professionalism.

8 0
3 years ago
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