Answer:
False
Explanation:
Technological progress is perhaps the greatest factor in increasing productivity.
In an industry, productivity is measured as a ratio between quantity of output per unit of input. Inputs include direct materials, direct labor and factory overhead costs. New technologies reduce inputs while increasing output levels.
For example, new machinery may produce 50% more units per hour than old machinery, therefore the inputs required to produce one unit of output are reduced.
Answer:
Standard hours allowed in May:
Field = 6 hrs x 300 = 1,800 hrs
Professional = 8 hrs x 400 = 3,200 hrs
Total standard hours allowed 5,000 hours
Explanation:
In this case, we need to multiply the direct labour hours allowed for each product by the number of unit produced for each product.
Many companies moved their operations from new england and the midwest to locations in the south because: the South had less expensive site factors than northern regions.
<h3>Change of operation location from midwest to south</h3>
The major reason why most companies tend to moved their operation to south was to maximize profit.
Compare to midwest, the site factors such as rew material, labor and land were more cheaper in the south.
This companies change their operation location because they want to reduce cost as their aims and objective is to generate or maximize profit.
Inconclusion the South had less expensive site factors than northern regions.
Learn more about Change of operation location from midwest to south here:brainly.com/question/503796
Answer:
B. Business models focus on specific aspects of a business, while business strategies focus on how different aspects affect the whole business.
Answer:
b. A truck held for resale by an automobile dealership
Explanation:
Property plant and equipment are physical or tangible assets used by an organization in the ordinary course of business. They include Land and building used in ordinary business operations, plant and machinery used in production, Land improvements, such as parking lots and fences etc. Such assets are usually depreciated as they are used and in accordance with the organization's policy. However, assets held for sale are not used by the organization in the ordinary course of business rather, the company holds them till such assets are sold. No depreciation is computed on the assets held for sale. Hence, from the options given, a truck held for resale by an automobile dealership is the only item held for sale and does not qualify for recognition as property plant and equipment. The right answer is b.
