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3 years ago

Which of the following is an example of specialization?

Business

1 answer:

monitta3 years ago

5 0

Answer:

An example of specialization is;

A. Because of the high cost of labor, American companies have stopped most steel production and now import steel from other countries

Explanation:

Specialization in business is the strategy to focus on the production of a limited number of products or services based on comparative advantage, availability of resources and to improve efficiency, with the outcome of specialization include maximum possible productivity, advanced expertise, capacity for leadership in a field

The capital and labor intensive production of steel will make steel production at a location where labor cost is high less profitable than making the steel at a low labor cost location

The location of lower labor steel production that produces steel, is specialized in steel production, when it now supply steel to other locations where it costs less to buy than to produce steels.

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Simply wearing a lap-and-shoulder belt combination can cut your chance of being killed by ____________.

DerKrebs [107]

50%

Explanation:

A. Safety belts are most effective when used properly. Each vehicle made today has a lap/shoulder belt combination. It should go over the shoulder and across the center of the chest. Lap belts should fit comfortably across the hips, not over the stomach. Don't make slack in your seat belt and don't tuck a shoulder belt under your arm or behind your back for any reason, including to defeat the seat belt alarm.

B. Seat belt has saved 14,668 people in 2016 in vehicle accidents.

C. The national use rate of lap and shoulder belt in America is 90.1 percent.

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3 years ago

Read 2 more answers

An MRP system that is updated periodically to account for all changes which have occurred within a given time interval is called

Rudik [331]

Answer:

B) regenerative

Explanation:

A material requirements planning (MRP) system is used to merge several production activities into one single system that controls production and inventory. It's similar to ERP systems but it only focuses on the production area of a company. Using MRP systems enables production planning, scheduling, and control of production inputs (e.g. materials).

All MRP systems should be regularly updated in order to be efficient.

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3 years ago

This is a function of money in which any commodity- such as gold or currency- can be saved for later use.

Zarrin [17]

I think it is Store Of Value.

7 0

3 years ago

An investment project provides cash inflows of $1,275 per year for eight years. a. What is the project payback period if the ini

photoshop1234 [79]

Answer:

The correct answer for option (a) is 3.22 years, option (b) is 4.04 years and for option (c) is 0 years.

Explanation:

According to the scenario, the given data are as follows:

Cash inflow = $1,275

Project payback period = Initial cost ÷ Cash inflow

(a). Initial cost = $4,100

So, Project payback period = $4,100 ÷ $1,275

= 3.22 years

(b) Initial cost = $5,150

So, Project payback period = $5,150 ÷ $1,275

= 4.04 years

(c). Initial cost = $11,200

So, Project payback period = $11,200 ÷ $1,275

= 8.78 years

As it is more than the eight years period, it never pays back.

So, 0 years

7 0

3 years ago

Classifications on Balance SheetThe balance sheet contains the following major sections:Current assetsLong-term investmentsPrope

Shkiper50 [21]

Answer:

1. Cash ⇒ CURRENT ASSETS, NOT A CONTRA ACCOUNT

2. Bonds Payable (due in 8 years) ⇒ LONG TERM LIABILITY, NOT A CONTRA ACCOUNT

3. Machinery ⇒ FIXED ASSET, NOT A CONTRA ACCOUNT

4. Deficit ⇒ PART OF RETAINED EARNINGS, NOT A CONTRA ACCOUNT

5. Unexpired Insurance ⇒ GENERALLY CURRENT ASSET (AT LEAST THE PORTION OF PREPAID INSURANCE THAT COVERS THE NEXT 12 MONTHS), NOT A CONTRA ACCOUNT

6. Franchise (net) ⇒ INTANGIBLE ASSET, NOT A CONTRA ACCOUNT

7. Fund to Retire Preferred Stock ⇒ LONG TERM INVESTMENT, NOT A CONTRA ACCOUNT

8. Current Portion of Mortgage Payable ⇒ CURRENT LIABILITY, NOT A CONTRA ACCOUNT

9. Accumulated Depreciation ⇒ PART OF FIXED ASSETS, CONTRA ACCOUNT

10. Copyrights ⇒ INTANGIBLE ASSET, NOT A CONTRA ACCOUNT

11. Investment in Held-to-Maturity Bonds ⇒ LONG TERM INVESTMENT, NOT A CONTRA ACCOUNT

12. Allowance for Doubtful Accounts ⇒ PART OF CURRENT ASSETS, CONTRA ACCOUNT

13. Notes Receivable (due in 3 years) ⇒ LONG TERM INVESTMENT, NOT A CONTRA ACCOUNT

14. Property Taxes Payable ⇒ CURRENT LIABILITY, NOT A CONTRA ACCOUNT

15. Deferred Taxes Payable ⇒ LONG TERM LIABILITY, NOT A CONTRA ACCOUNT

16. Additional Paid-in Capital on Preferred Stock ⇒ CONTRIBUTED CAPITAL, NOT A CONTRA ACCOUNT

17. Premium on Bonds Payable (due in 8 years) ⇒ LONG TERM LIABILITY, IT IS AN ADJUNCT ACCOUNT NOT A CONTRA ACCOUNT

18. Work in Process ⇒ CURRENT ASSET, NOT A CONTRA ACCOUNT

19. Common Stock, $1 par ⇒ CONTRIBUTED CAPITAL, NOT A CONTRA ACCOUNT

20. Land ⇒ FIXED ASSET, NOT A CONTRA ACCOUNT

21. Treasury Stock (at cost) ⇒ CONTRIBUTED CAPITAL, CONTRA ACCOUNT

22. Unrealized Increase in Value of Available-for-Sale Securities ⇒ ACCUMULATED OTHER COMPREHENSIVE INCOME, NOT A CONTRA ACCOUNT

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3 years ago