Answer:
One of the greatest contributions of scientific management in today's organization is increasing the productivity. Scientific management focuses on the activities performed by the workers in an organization. The importance of this was that scientific management makes the workers or employees efficient
Answer:
rework hope this helps :)
Explanation:
Answer:
A. shut down as fixed costs are not being covered.
Explanation:
Break-even point is a level at which the company has no profit no loss situation. Sales Excess from Break-even makes profit and short makes loss.
Sale Price = $3 per box
Variable Cost = $2 per box
Contribution margin = $3 - $1 = $1 per box
Fixed Cost = $125,000
Break-even point = $125,000 / $1 = 125,000 boxes
Sales = 100,000 units
Short from Break-even = 125,000 - 100,000 = 25,000 boxes
Loss = $25,000 x $1 = $25,000
CCC should shut down because even fixed cost is not being covered it is short by $25,000. So this product is making loss.
#1 is at the time of the sale. 2. is future cash flows. Im taking the same quiz and cant figure out any of the other answers :(
Answer:
a. benchmarking
Explanation:
Benchmarking is a management strategy that a business uses to measure productivity, or set goals based on the industry's best practices. An organization applies the benchmarking approach to evaluate its quality, processes and procedures, and performance against that of other firms. An organization uses the benchmarking report to improve its operating and product standards.
Benchmarking can be internal or external. Internal benchmarking involves comparisons between teams, departments, or individuals within an organization. External benchmarking is where a firm gauge its critical operations against those of its competitors or other similar companies.
