Answer:
The expected level of sales for the next year is $960000
Explanation:
The expected sales will be calculated based on the probabiltiy of the economic condition multiplied by sales in that economic condition.
The expected sales for the next year will be,
Expected sales = 1550000 * 0.3 + 825000 * 0.4 + 550000 * 0.3
Expected Sales = $960000
Answer:
a. Private Property Rights
b. Political Stability and Rule of Law
c. Open and Competitive Market
d. Private Property Rights
Explanation:
a. By defining private property Rights and giving people a chance to own resources, Individuals will strive to own more and more of such rights and so will produce as much as they can so as to afford such rights.
b. When a nation is Politically stable and respects the Rule of Law, investment payoffs are easier to predict than in a country where instability can threaten to degrade investments such that the payoffs will be lost. For example, think of all the Western firms that lost money when the Shah of Iran was overthrown by the Ayatollah.
c. Specialization is more likely to occur in nations with Open and Competitive Market. An Open Market means that goods can come in from the outside easily. This will have the effect of the country being able to import goods that cost a lot to produce locally and instead focus on producing those goods that they are well adept at producing. This is Specialization. Also as a result of competition, companies will strive to find better ways to make profit above competitors and come up with more efficient ways of Production as a result.
d. The Xiaogang Agreement refers to an agreement by farmers in Xiaogang to subdivide their lands in secret so that they would each own a small part of it. As a result, the farmers had an incentive to produce for themselves as they now owned resources that they could benefit from. This right to Private Property led to a huge boom in Agriculture.
Answer:
Option D; both options A and B.
a) THE WBS IS THE BASIS FOR PROJECT SCHEDULES, BUDGETS, AND CONTROLS.
b) WORK PACKAGES ARE THE BASIS FOR PROJECT SCHEDULES, BUDGETS, AND CONTROL.
Explanation:
A work breakdown structure (WBS) is a visual tool for defining and tracking a project deliverable and all the small components needed to create it.
A work-breakdown structure (WBS) in project management and systems engineering, is deliverable oriented breakdown of a project into smaller components. A work breakdown structure is a key project deliverable that organizes the team's work into manageable sections. It is a basis for project scheduling, cost control, and project budget.
Therefore, both options A and B are true;a) THE WBS IS THE BASIS FOR PROJECT SCHEDULES, BUDGETS, AND CONTROLS.
b) WORK PACKAGES ARE THE BASIS FOR PROJECT SCHEDULES, BUDGETS, AND CONTROL.
Answer:
a. number of returns due to incorrect products shipped in response to orders.
Explanation:
AnaCarolina and Jaco, executive managers at Duke Manufacturing can use the number of returns due to incorrect products shipped in response to orders to determine appropriate performance metrics for the customer perspective of Duke's balanced scorecard.
The defective units in the production line will give a performance metrics with respect to customer's order.
The owner is making this long-run decision based on his rational expectations of economic growth to meet future demands.
<h3 /><h3>What are long term decisions?</h3>
They are a strategic process that means designing an economic scenario based on perspectives, vision and organizational goals, with short-run decisions being the actions present to achieve long-run objectives.
Therefore, the owner is making long-run decisions in line with his expectations for the future of the business by looking at the current economic scenario.
Find out more about long-run decisions here:
brainly.com/question/14522871
#SPJ1
