Answer:
a business process
Explanation:
A business process -
It refers to the steps involved to complete a particular task or project in an organisation or company , is referred to as a business process .
It is the set of activities or task , which are followed and performed till the completion of the project .
Hence , from the given information of the question ,
The correct term is a business process .
3, 4 but for number 4 the have to ask if your eligible not a specific age then that is illegal
Answer:
1.875 years
Explanation:
Payback period is a capital appraisal technique that allows to identify the time it takes to recover initial outlay of a project.
The Payback period for this period can be computed as,
Initial outlay = $1,500,000
First Subtract the first year cash flow to find residual out lay,
Year 0 = (1,500,000)
Year 1 = 800,000 Residual Outlay = (1500,000-800,000) = $700,000
Since year 2 cash flows are more than residual outlay, the payback period is,
Payback Period = 1 + (700,000/800,000) = 1.875 years
here "1" refers to year 1.
Hope that helps.
Answer:
This question is about Corporate Social Responsibility (CSR), which is basically being socially responsible (with the employees, community, environment, etc.) and at the same time trying to maximize the financial value of a company (which is a duty to shareholders).
It might be easier for some companies, e.g. service providers, while much harder for mining companies (and other extracting companies). But it doesn't meant that all companies should try their best to do it.
Some companies even benefit from being socially responsible and increase their income through higher sales, e.g. Ben and Jerry's actually increased their sales of ice cream by focusing on CSR.
Even small businesses can benefit from CSR since it increases customer awareness and loyalty, and that can lead to higher sales. E.g. the public image of local businesses that help to finance certain community services improves and that eventually leads to higher sales.
Customers tend to favor companies that they consider to be socially responsible, and if they have to decide between purchasing from a socially responsible company or from another that isn't, they will generally purchase form the socially responsible one.
Answer:
1) Equal to
2) Efficient
3) Equal to
4) Total
Explanation:
1) Marginal cost pricing is when you price the good equal to the extra cost of producing an extra good, so for example if I am a shoe manufacturer and the cost of producing an extra pair of shoe is $4 and I price the pair of shoe at $4 I am using marginal cost pricing.
2) When the producer is using marginal cost pricing the output produced is efficient as there is no dead weight loss and efficient level of output is produced.
3,4) If I produce 10 pairs of shoes and they cost me $500 then my average total cost for the pair of shoes is 500/10 = $50 and if I keep the price of the shoe at $50 I am using average cost pricing, so average cost pricing is keeping price equal to the average total cost.
