Answer: Option (D)
Explanation:
<em>ILO</em> is abbreviated as <em>International Labour Organization</em> is known as the UN body whose decree is to provide advancement in the social justice and thus also promote the respectable and appropriate work thereby setting and developing the international labour specifications. It is considered as the first specialised body of the United Nations.
ILO does not uses Lawsuits in order to encourage compliance with the labour standards.
Answer:
The firm should shut down the production.
Explanation:
The given marginal costs = $25
Fixed cost of the production = $5000
The price of producing the 50 units of meals = $10
The new price of the meal when demand goes up = $20
Since it can be seen that the price of the meal is lower than the average cost or even it is less than the marginal cost. So, when the prices are lower than average cost then a firm should shut down the production because after shutting down the production the loss will be equal to the fixed cost only.
So, the firm should shut down the production.
Answer: ) She wants to present a new draft for a new policy.
Explanation:
The options to the question are:
A) She wants to present a new draft of the ethics policy.
B) The other members of the team are ineffective.
C) She is concerned that her work isn’t being valued.
The most important message that my colleague is trying to deliver is that she wants to present a new draft for a new policy.
This can be seen from the passage where she suggested that the team should review a new draft of the ethics policy. She further highlighted the reason for that and she said she believes the policy will have positive effects on the team and on the organization as a whole.
Answer:
Businesses use three types of profit to examine different areas of their companies.
1. Gross profit subtracts variable costs to revenue for each product line. Variable costs are only those needed to produce each product, like assembly workers, materials, and fuel. It doesn't include fixed costs, like plants, equipment, and the human resources department. Companies compare product lines to see which is most profitable.
2. Operating profit includes both variable and fixed costs. Since it doesn't include certain financial costs, it's also commonly called EBITA. That stands for Earnings Before Interest, Tax, Depreciation, and Amortization. It's the most commonly used, especially for service companies that don't have products.
3. Net profit includes all costs. It's the most accurate representation of how much money the business is making. On the other hand, it may be misleading. For example, if the company generates a lot of cash, and it's invested in a rising stock market, it may look like it's doing well. But it might just have a good finance department, and not be making money on its core products.
Explanation:
