Answer:
The correct answer is the first option: Emphasizes perspective of senior managers and that management, as a profession, can be taught.
Explanation:
To begin with, the term known as "Administrative Management" refers to the discipline whose main purpose is to focus in the efficient and effective organization of people, information and procedures inside the entity that will all lead to the completion of the tasks that are needed to be done in order to achieve the termination of the product or service that organization produces. This particular approach seeks for the employers to achieve the field in where the understand all the contents necessary to analyze what is happening around the organization and be able to work with that as good as possible.
Answer:
The correct answer is c) 300,000
Explanation:
In this question machine hour is limiting factor. So in order to make most lucrative mix we will have to find which product give more contribution per limiting factor. Detail calculations are given below.
Contribution per Limiting factor (machine hour)
Executive = 60/2 = 30 per machine hour
Deluxe = 250/10 = 25 per machine hour
So
It is more profitable to produce executive chair
As demand for chairs are unlimited so company will use all its machine hour to produce executive chairs.
Contribution = 10,000 * 30 = 300,000 dollars.
Most time, the marginal cost of the last unit produced equals the marginal revenue in order to ensure that the firm is maximizing profits.
<h3>When do firm maximize profits?</h3>
Most time, a firm will prefer to maximize profit in order tooIncreased its brand loyalty.
Most time, when a firm is able to cut prices and gain more customers, it will gain bigger exposure and brand loyalty and this will enables the firm to be more prominent in the market.
In costing, the the marginal cost of the last unit produced equals the marginal revenue in order to ensure that the firm is maximizing profits.
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Answer: A shared domain
Explanation: A domain name refers to a registered address whereby the website of an individual or organization can be accessed. In simple terms, the name of a website is called the domain name. They are used in the identification of web pages and IP addresses. Domain sharing capabilities offer the opportunity to split users of a domain across multiple servers. When one decides to make portion of one's domain name available to others, such act is called domain sharing. This way a certain domain name will possess more than one user account.
