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tresset_1 [31]
3 years ago
11

What are some of the reasons that work teams have become more prevalent in todayâs organizations? How do they provide a competit

ive advantage?
Business
1 answer:
iris [78.8K]3 years ago
3 0

Answer: working as a team sets up organizations for outstanding success and Improvement of team members

Explanation:

Working as a team has been a great help for most organizations. It's been realized that success experienced by many firms has been a result of what the teams accomplished when they worked together on a project, here are some reasons why they become prevalent;

1) Unity is being fostered within their activities, everyone is able to understand each other and know how to cooperate with the other

2) Productivity and efficiency is usually on the high as teams that work together put in a lot of energy to be productive in many efficient ways

3) There is an opportunity to learn from the group, thereby improving the skills of everyone on the group

They provide a competitive advantage when they work together, with everyone's effort, progress, success and achievement's are bound to occur.

You might be interested in
TryFit Co. uses process costing to account for the production of energy food bars. Direct materials are added at the beginning o
lubasha [3.4K]

Answer:

$37,654.00

Explanation:

beginning WIP = $13,000 + $10,000 = $23,000

costs added during the month = $42,000 + $46,000 = $88,000

total materials costs = $55,000

materials cost per EUP = $55,000 / 24,000 units = $2.29

total conversion costs = $56,000

conversion cost per EUP = $56,000 / 19,000 = $2.95

ending inventory = (10,000 x $2.29) + (10,000 x $2.95 x 50%) = $37,650

8 0
3 years ago
What website would be the best to use to find the best steakhouse near your home?.
Volgvan
Answer:
Just use G maps and search stakehouse.

Explanation:

8 0
2 years ago
Read 2 more answers
Name a form of ownership that is represented by South African broadcasting corporation (SABC) and outline four characteristics o
TEA [102]

Answer:

State ownership

Explanation:

State ownership, or government ownership, or public ownership, is a form of ownership were the government owns or partly owns as well has control over a business with the revenue from the business or establishment being added as benefits accruable to the welfare of the public

The characteristics of a state ownership are;

1) State ownership means that the government is the owner, or part owner of the establishment, where part ownership belongs to the public

2) The main purpose of a state owned business is not to make profit, but rather to provide public welfare, that benefits the residents of the country

3) The profits from the business are entered into the treasury of the state and are used to carry out public welfare projects

4) The employees of the government are the managers of the establishment which is subject to bureaucracy, and the business is operated with a state selected board of directors

5) The government determines the manner of stability present in the business, as well as the winding up of state owned businesses that have no function

6) The state owned business is operated by the laws and policy if the business and it is therefore recognized as an autonomous body

6 0
3 years ago
The average propensity to consume is the: ratio of consumption to income. amount consumed out of an additional dollar of income.
Arlecino [84]

Answer:

The correct answer is: ratio of consumption to income.

Explanation:

The average propensity to consume is a measure to show the percentage of income that is spent on consumption of goods and services. It is calculated by the ratio of consumption and income.  

It can also be calculated as 1 - APS. Here, APS is the average propensity to consume which is the ratio of savings to income.

4 0
3 years ago
Skolits Corp. issued 10-year bonds 2 years ago at a coupon rate of 8.7 percent. The bonds make semiannual payments. If these bon
kykrilka [37]

Answer:

7.36%

Explanation:

Nper = (10-2)*2 = 16

Pmt = 1000*8.7%/2 = 43.5

Pv = -108%*1000 = -1080

Fv = 1000

YTM = Rate(Nper, pmt, -Pv, Fv)*2

YTM = Rate(16, 43.5, -1080, 1000)*2

YTM = 0.036795696 * 2

YTM = 0.073591392

YTM = 7.3591392%

YTM = 7.36%

6 0
3 years ago
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