Answer:
D. includes the same type of on-the-job training for all
Explanation:
Basically, firms in the manufacturing and motor vehicle industry offer on-the-job training to their staff.
On the job training is a training technique employed by management in which workers are trained while they work. This helps to save separate time for training workers and while training, they are opened to practical experience. The major disadvantage of on- the- job training is that wastage is always inevitable due to the lack of expertise of workers.
Answer:
e. $12,900
Explanation:
Given that:
Net Cash provided by operating activities = $37,500
Net Cash used in investing activities = $13,800
Net Cash used in financing activities = $17,700
Beginning cash balance = $6,900
Stormer company's ending balance would be;
= Beginning cash balance + Net cash provided by operating activities - Net cash used in financing activities - Net cash used in investing activities
= $6,900 + $37,500 - $17,700 - $13,800
= $12,900
Answer:
A) 18
B) 14,600 Units
Explanation:
To solve for Product line (P) we add total numbers the models. That is,
(a) Take product line (P) to be the total number of distinct products A, B & C models produced.
Where A=6
B=4
C=8
Add up
Therefore, we
P = 6 + 4 + 8 = 18 distinct models.
(b) to find QF of the plant for the total production amount of all products produce in the plant multiply by the product line (P) number and then add up.
That is,
QF= 6(500) + 4(700) + 8(1100) = 3000 + 2800 + 8800 = 14,600 units
Answer:
Private Property - The right of private persons and firms to obtain, control, employ, dispose of, and bequeath land, capital, and other property.
Freedom of enterprise - The freedom of firms to obtain economic resources, decide what products to produce with those resources, and sell those products in markets of their choice.
Mutually agreeable - Economic transactions willingly undertaken by both the buyer and the seller because each feels that the transaction will make him or her better off.
Freedom of choice - The freedom of resource owners to dispose of their resources as they think best; of workers to enter any line of work for which they are qualified; and of consumers to spend their incomes in whatever way they feel is most appropriate.
Self-interest - What each individual or firm believes is best for itself and seeks to obtain.
Competition
- The presence in a market of independent buyers and sellers who compete with one another and who are free to enter and exit the market as they each see fit.
Market - An institution that brings buyers and sellers together.
Answer:
C. Profit motive ensures that companies and workers are encouraged to participate and thrive in the market.
Explanation:
The profit motive is the aspiration for an economical gain when participating in the economy. In this case, this desire maintains motivated the companies and workers.
