Answer:
25 chairs per employee.
Explanation:
In this case labour productivity is the number of dining chairs per day over number of employees.
An average of 600 standard dining chairs were assembled per 6-day work week.
This means that, the number of dining chairs assembled per day is
The number if employees is 4.
Therefore the labour productivity of this operation is:
per employee.
Answer:
Case 1 = $420 million
Case 2 = $280 million
Case 3 = $350 million
Explanation:
As per the data given in the question,
Annual value by one distributor = $420 million per year
Annual value by two distributor = $560 million per year
Case 1)
The marginal value of first distributor is more than second
So when negotiating the value, it is = $560 million - $420 million = $140 million
and this value would be distribute between both. so each will get = $140 million / 2 = $70 million
and you would expect to capture $420 million of this deal
Case 2)
As distributors are run by government, so negotiation will be done with both the distributor at same time and margin would be $560 million and you would be grabbed = $560 million ÷ 2 = $280 million
Case 3)
In this case marginal amount of contact = $560 million - $140 million = $420 million
and half of it = $420 million ÷ 2 = $ 210 million, which is the amount to be offered
and you would expect to grab the remaining amount = $560 million - $210 million
= $350 million
Answer:
C) The market learing price may rise, fall, or stay the same, but the equilibrium quantity will rise.
Explanation:
An increase in demand would lead to an increase in demand and price.
An increase in supply would lead to an increase in supply and a fall in price.
The combined effect would lead to an increase in equilibrium quantity but the effect on equilibrium price would be indeterminate.
I hope my answer helps you
Answer:
The correct answer is II. Deciding between Singapore, London or Buffalo as the location for the construction of a new manufacturing facility.
Explanation:
Strategic Planning is a management tool that allows you to establish the task and the path that organizations must travel to achieve the planned goals, taking into account the changes and demands that their environment imposes. In this sense, it is a fundamental tool for decision making within any organization. Thus, Strategic Planning is an exercise in the formulation and establishment of objectives and, especially, in the action plans that will lead to achieving these objectives.
Answer:
a. July 31
Explanation:
According to the revenue recognition principle, the revenue is recorded when the revenue is realized or earned not when the cash is received. There is no effect on cash receipt in this principle
Whether cash is received or not, the revenue is recognized when the service is provided to a customer
According to the given scenario, the service is performed so it is on July 31
