Answer:
A. Volatility
Explanation:
Volatility refers to high level of fluctuations with little or no consistency. It also refers to the variation in an activity with no constancy.
In the given case, Andrew keeps on swapping jobs within a short duration of time, and in varied fields of little similarity. This conveys a high degree of volatility in Andrew's work habits since he is unable to stick to one job or a field of job.
The changes in his employment structure reveal a pattern of high level of deviations, fluctuations referred to as Volatility.
Answer:
This can be a positive challenge for Peter's career, as by taking on Thomas he will handle different tasks and job challenges, and by taking on the new responsibilities effectively, he will be able to be more recognized in the organization he works with and gain more trust from your superiors and Thomas, which is a positive point in the work environment that can lead to future promotions.
Answer:
Shortage cost for May is $71,000
Explanation:
The expected demand for the month of May is 5000 units.
Shortages for month are carried to next month.
Shortage cost is $10 per month.
(Working days per month x hrs/day x # of workers)
20 days * 8 hours * 23 workers = 3680
Jan : 3680 - 3500 = +180
Feb : 3680 + 180 - 4500 = -640
Mar : 3680 - 640 -6000 = -2980
Apr : 3680 - 2980 -6500 = 5780
May : 3680 - 5780 -5000 = 7100
Answer: Environmental scanning; Technological
Explanation:
Environmental scanning involves the gathering of information about the factors external to a firm in order understand how they affect the operations of such firm. The goal of environmental scanning is to help management make informed decisions by analyzing the workings of factors outside their control.
The owner of Green Goddess Lawncare Inc. is analyzing the technological environment since the cause of the environmental scanning is a new-product development and how it seeks to affect his business.
Answer:
c. power over business practices
Explanation:
Regulatory agencies are formed to monitor and checkmate adverse activities of a certain sector of an economy.
They have various powers that can be used to control activities in a economic sector:
- Licencing power is the ability to give access to the players in a particular business sector.
- Rate making power is the ability of regulatory agency to determine price of commodities
- Power over business practices is regulatory agency's power to determine whether the activity of a regulated entity is acceptable or not.
For example if regulatory agency in communication notices the process for registering new clients is too cumbersome, they can enforce a more simple and streamlined process
