When my supervisor presents me with multiple situations to see if I know when to implement a certain skill, (s)he clearly does not trust me to know what I am doing. The above statement is false.
<h3>
What does skill refer to?</h3>
- A skill is a learned ability to perform an action with predictable results consistently and well within a certain window of time or energy, or both. Domain-general and domain-specific skills are two common categories of skills.
- For instance, in the field of work, generic skills like time management, teamwork and leadership, self-motivation, and others are useful in all jobs, whereas domain-specific abilities are only applicable to a certain position.
- To evaluate the amount of ability being displayed and applied, specific contextual triggers and scenarios are typically required.
- When a skill represents a body of knowledge or a specific field of study, such as the art of war or the art of medicine, it is referred to as an art.
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Question:
When my supervisor presents me with multiple situations to see if I know when to implement a certain skill, (s)he clearly does not trust me to know what I am doing. State whether the statement is true or false.
Answer:
D. $57,500
Explanation:
Gross income = sales - (goods returned + cost of goods sold) = $78,000 - ($1,500 + $19,000) = $78,000 - $20,500 = $57,500
Answer:
100%
Explanation:
Let the normal retail price of the sweater be 'SP' and the cost price be 'CP'
Therefore,
The selling price = SP - 40% of SP = SP - 0.4SP = 0.6SP
Now,
the profit = 20% of CP = 0.2CP
also,
Profit = Selling Price - Actual price
or
0.2CP = 0.6SP - CP
or
1.2CP = 0.6SP
Or
CP = 0.5SP
or
SP = 2CP
thus,
Increase percentage in sweater marked up from wholesale at its normal retail price
= 
or
= 
= 100%
Answer:
Should shut down if its short-run average variable cost exceeds $25.
Explanation:
This directly explains the firms profit maximizing level of output in a short run. And in the scenario above, the firm made a $25 gain per unit output, it is advised the firm should shut down if its shut run average variable cost exceeds $25.
A process that companies undergo to determine the best output and price levels in order to maximize its return. The company will usually adjust influential factors such as production costs, sale prices, and output levels as a way of reaching its profit goal. There are two main profit maximization methods used, and they are Marginal Cost marginal Revenue Method and Total Cost total Revenue Method. Profit maximization is a good thing for a company, but can be a bad thing for consumers if the company starts to use cheaper products or decides to raise prices.
Answer:
Distribution and Logistics
Explanation:
Logistics are the activities of a company related to distributions of its product. It encompasses all efforts of moving goods from the factory to the retailers for sale to the customers. Transport and warehousing are part of logistics.
The distribution and logistics department plans, organize, and manages the movement of products to their intended destination. Nikki is most likely to be in the distribution and logistics career path. She ensures that the supply chain is running efficiently and tracts the movement of products.
