Answer: (C) Piecemeal productivity improvements
Explanation:
The piecemeal productivity improvement is one of the type of business strategy that is used by various types of successful organization for the purpose of improving the productivity of an employees, the business process and also managing all bench-marking activities in an organization.
According to the given question, the given activities in an organization are the example of Piecemeal productivity improvements that helps in expanding the product scope in the market. Therefore, Option (C) is correct answer.
Therefore, Option (C) is correct answer.
Answer:
The government spent money to lift the economy out of the great depression
Explanation:
Depression is an extended period of economic downturn. It starts as a recession where the economy experiences declining growth. The GDP value decreases and turns. The economy remains in a subdued state for some years. Depression is associated with massive job losses, closure of businesses, reduced prices, low production, and reduced incomes.
To get the economy out of the economic depression, the government had to apply expansionary fiscal policies to stimulate economic growth and recovery. Increasing government spending is one way of stimulating growth. The government engages in capital intensive projects such as the construction of roads, schools, hospitals, and other public amenities. This creates jobs and demand for materials, resulting in higher GDP.
Answer:
The objective function is to minimize cost thru use of linear programming
Explanation:
A craftsman named William Barnes builds two kinds of birdhouses, one for wrens and a second for bluebirds. Each wren birdhouse takes 4 hours of labor and 4 units of lumber. Each bluebird house requires 2 hours of labor and 12 units of lumber. The craftsman has available 72 hours of labor and 120 units of lumber. Wren houses yield a profit of $ 10 each and bluebird houses yield a profit of $ 15 each. The aim of the objective function for William should be to ▼ Minimize Maximize the objective value.
The objective function is to minimize cost thru use of linear programming
<h3>
Answer</h3>
The market share of Levon is 28%
<h3>
Explanation</h3>
Total revenue of Levon is calculated:
$8 * 350 balloons = $2,800 per month
Total Revenue of the market:
$5 * 2000 balloons = $10,000 per month
Dividing Total Revenue of Levon with Total Revenue of the market
$2,800 / $ 10,000 = 0.28
Convert into percentage by multiplying with 100
0.28 * 100 = 28%
<h3>Conclusion</h3>
The market share of Levon is 28%
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