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Mariana [72]
3 years ago
15

Provide an example of a process of producing a good or service and analyze the production process into the necessary elements of

production.
Your answer should be as in the following example.


Solved Example:
The paper production plant purchases paper pulp made of natural cellulose, then processes this natural material using machines, and workers package and transport the products.

What are the inputs in the above example

1) Earth Element: Natural Cellulose.
2) Labor component: packing and transport workers.
3)The capital component: machinery and transport vehicles.
4)The Organizational Element: The human effort to manage the production process and bear its risks.​
Business
1 answer:
Ray Of Light [21]3 years ago
4 0

Ce clasă ești sa văd daca te pot ajuta

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Under which conditions, according to the Porter five-forces model, can a supplier group gain power?
Tasya [4]

Answer:

b. When there is a lack of importance of the buyer to the supplier group

Explanation:

According to Porter there are five forces that can cause rivalry in a production industry. These are supplier power, threat of new entrants, buyer power, threat of substitutes, and degree of rivalry.

Supplier power is when suppliers are able to benefit from the producers by increasing prices of inputs and gaining some industry profit. Since suppliers supply input and labour to the producer they have a greater control of there is lack of importance of the buyer to the supplier group.

This means that the supplier group has more control on price and quality it supplies to the buyer with buyer having little choice but to buy.

If however buyer is more important to the supplier it means they can control price and quality of inputs

8 0
3 years ago
ompare the cost of the following leasing agreement with the finance charge on a loan for the same time period: The value of the
kow [346]

Answer:

One would want to finance this car rather than take this lease if the finance cost were $11,000 or less

Explanation:

<em>a). </em>Finance charge on the loan

<em>Step 1: Determine the depreciation cost</em>

The depreciation cost can be determine using the expression below;

Depreciation cost=Purchase value-salvage value

where;

Purchase value=$15,000

salvage value=$4,000

replacing;

Depreciation cost=15,000-4,000=$11,000

The total finance charge=$11,000

b). Cost of leasing agreement

<em>Step 2: Determine cost of leasing agreement</em>

Cost of leasing agreement=down payment+monthly payment+acquisition fee

where;

down payment=$500

monthly payment=$315

total monthly payment for 3 years=315×12×3=$11,340

acquisition fee=$300

disposition charge=$150

replacing;

cost of leasing agreement=500+11,340+300+150=$12,290

cost of leasing agreement=$12,290

The cost of lease agreement ($12,290) is greater than the total finance charge ($11,000)

One would want to finance this car rather than take this lease if the finance cost were $11,000 or less

8 0
3 years ago
Why is using a budget beneficial?
Nataly_w [17]

Answer:

All of The Above

Explanation:

They all make sense in terms of budget

5 0
2 years ago
Stockholders, employees and environmentalists are examples of stakeholders whose interests
Gelneren [198K]

Stockholders, employees and environmentalists are examples of stakeholders whose interests and needs often conflict.

<h3>Who is a stakeholder?</h3>

A stakeholder can be defined as an independent individual, organization or social group that has an interest in a particular business organization (company), and as such they can either affect or be affected by the decisions taken in the business.

This ultimately implies that, stockholders, employees, investors, and environmentalists are examples of stakeholders whose interests and needs often conflict.

Read more on stakeholders here: brainly.com/question/15532995

#SPJ1

7 0
2 years ago
If a firm is interested in improving their human capital which are they most likely to consider
Levart [38]

Answer:

To create human capital in a company, it is mainly necessary to capture it (recruit and select it) and retain it (make it stay in the organization).

Explanation:

First, to be able to recruit competitively, the organization has to work its corporate brand.

Secondly, there must be efficient and current recruitment processes. Recruitment is the process of attracting talent to the selection processes.

Once the worker is incorporated into the company, strategies must be used to improve talent retention and team performance.

5 0
3 years ago
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