Answer:
O resources are currently underallocated to the provision of holiday lighting in Anytown.
Explanation:
Underallocation occurs when there is a failure to meet e set goals or objectives because insufficient resources were assigned to the project. On the other hand overallocation means excess resources are available to carry out a task.
Anytown city government is asking private citizens to make donations towards the annual lighting display. This implies there was underallocation of resources to the lighting display. If there was sufficient funds the private citizens will not be asked to make donations.
Answer:
b. leading
Explanation:
Leading is an activity that requires conceptual skills from an individual to guide, teach and supervise employees.
For a company to succeed and position itself in the market, it is necessary that leadership is based on ethical values that help in creating an organizational culture favorable to the development of each employee, and other essential skills, such as knowing how to communicate, offer assistance, provide feedback, understand each worker profile, in order to guide the work towards the achievement of objectives and goals.
An effective leader is one who, through his own examples as a professional, manages to motivate employees to be more productive and satisfied with their work.
Answer:
2,256 hours
Explanation:
The computation of the total standard direct labor hours allowed (SQ) for units produced is shown below;
As we know that
Labor rate variance = (Actual hours × Actual rate) - (Actual hours × Standard rate)
($5,000) = $35,000 - (2,500 × Standard rate)
2,500 × Standard rate = $40,000
Standard rate = $16
Now
Labor efficiency variance = (Actual hours × Standard rate) - (Standard hours × Standard rate)
$3,900 = (2,500 × $16) - (Standard hours × $16)
Standard hours × $16 = 36,100
Standard hours = 2,256.25
= 2,256 hours
Answer: Option (B) is correct.
Explanation:
Opportunity cost is the benefit that is foregone for an individual by choosing one alternative over other alternatives available to him.
If the opportunity cost is lower for an individual then this will benefit him whereas if the opportunity cost is higher then this will not benefit the individuals.
The opportunity cost of attending college for Brooke is the amount that she could earn as an actress i.e. $2 million per year.
The opportunity cost of attending college for Sandy is the amount that he could earn by serving hamburgers i.e. $10,000 a year.
Therefore, opportunity cost of attending college is greater for Brooke than for Sandy.
Answer:
Change in an organization leads to many positive aspects – that lead to retaining a competitive edge and also remaining relevant in your business area. Change encourages innovation, develops skills, develops staff and leads to better business opportunities and improves staff morale
hope this helped you
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