Answer:
<em>Experience-curve Effects</em>
Explanation:
The experience curve is a basic, but effective, <em>model of the common decency principle that makes tasks more productive with repetition: the second time a task performed is done a little more effectively, the third even better, and so forth. </em>
<em>Southwest Airlines, uses the same types of aircraft to achieve that effect.</em>
The impact on the development of airplanes and ships during World War II was observed and quantified in industry. For every doubling of cumulative demand, the manpower needed to complete a unit was seen to fall at a fairly steady rate of 10-15 per cent.
<span>Which responsibility centers generate both revenues and costs? Investment and profit centers. An investment center is set up and used for business within an enterprise, an investment center should be measure against how it uses capital. Profits centers are measured against the raw costs or profits made. </span>
Answer:
1. 3 years
2. 3.375 years
3. The storage facility project
Explanation:
The payback period measures how long it takes for the amount invested in a project to be recouped from cummulative cash flows.
When there are more than 1 project to be chosen from, the project whose payback period is the least should be chosen.
Therefore, the storage facility project should be chosen.
Explanations on how the payback period is calculated can be found in the attached images. Please contact me if you need clarification.
I hope my answer helps you.
Answer:
e) Credit to Revenue
Explanation:
The services provided to customers will be an increase of revenue and an increase in revenues is a credit transaction.
Since the question does not mention that the services were billed therefore the accounts receivable will not be increased till it is billed and thus option a) is not applicable.
The other options are not relevant since there is no cash collection involved, and no liabilities involved.
Answer:
D. contain multiple overlapping command structures, in which all employees report to three or more managers.
Explanation: Matrix structure is a type of organisational structure used by some companies to accomplish some projects where juniors/subordinates engaged in the project will have to report to two bosses like the process owner and the project manager,in matrix their is an interlinked reporting pattern where a particular subordinate reports two or more bosses.
the main disadvantage of this structure is the problem of authority where subordinates may not be able to know who and how to report some issues.
