Failure as a result of the wrong procedures being set up in the organization so communication breaks down among employees and things begin to fall through the cracks is known as process inadequacy. This is further explained below.
<h3>What is
process inadequacy?</h3>
Generally, process inadequacy is simply defined as the condition of being insufficient in a system or a process that lacks the requisite amount.
In conclusion, Process inadequacy seeks to identify the flaws of a system.
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Answer:
It would be convinient to accept the order as it will increase the operating income by $4,000
Explanation:
<u>Special order unit cost:</u>
sales price 27
variable cost <u> (18 - 2) 16 </u>
contribution 9
2,000 units x $9 = 18,000 contribution
special equipment <u> (14,000) </u>
net result: <em> 4,000</em>
Answer:
A novel printed in paperback that sells for more than the same book in an electronic format
The example contains two different products, one is novel in paper form, and other in electronic form of the novel. Price discrimination occurs when we charge different prices for the same product from different customers. They are completely two different forms of the product which means the product is not identical in term of its form.
Explanation:
Above mentioned example is definitely does not fall under price discrimination.
<em>Price Discrimination</em>: is offering different prices to different customers for the same good. All of the other examples may falls under price discrimination because they contain same product but for different customers namely, discount at movie theater, soup companies sending coupons, and for the same drug they are charging different prices accordingly.
Answer: Option B
Explanation: A hedonic treadmill is a person's propensity to stay at a fairly stable level of comfort and happiness following a fortune shift or big goals being accomplished. As an individual earns more money, their aspirations and impulses grow in tandem, as per the hedonic treadmill model.
As a consequence, the increase in income does not result in a lasting improvement in satisfaction. The hedonic treadmill phenomenon states the often-held fact that wealthy individuals are just no happier than people living in poverty, and sometimes quite happy are those with serious financial problems.
Thus, from the above we can conclude that the correct option is B.
Answer:
interest and interest
Explanation:
they are both a percentage and the earnings of the interest that are in your bank are much lower than when you borrow money, usually 0.6 percent that you earn. Rather when you borrow depending on the loan it can go up to 20 percent interest.