Answer:
False
Explanation:
Management decisions are based on multiple variables. Here, by variables we mean that internal and external factors. These can be any.
When making management decisions only financial measures are not present, rather measures for human resource, measures for production, measures for customer relations, measures for performance are all related to management decisions.
Now that depends on the kind of decision a management wants to take, it not necessarily relates to financial measures every-time.
Thus, the above stated statement is false.
Answer: c. A nonagency relationship with everyone in the office.
Explanation:
For an agency relationship to exist in the eyes of the law, there must be a contract with a written designated agency relationship between the client and Meramac Realty.
With no such contract in existence, the law recognizes no agency relationship between Meramac and any of its affiliates with the client. There is therefore a non-agency relationship with everyone in Meramac.
Answer:
the correct answer is B. Resources are used to produce things that satisfy people's wants.
Explanation:
Wants are the ways we satisfy our basic needs such as food, water, shelterm clothing, etc.
Wants are unlimited. Also, they can be created by businesses as well. However, resources are limited. Most of the resources are given from the nature while some resources have been developed through the human intervention.
Resources are the basic input to produce the necessary things to satisfy the human wants. this conversion process of the resources is generally called the "production".
Answer:
For each hour of work 2.81 loaves are produced.
Explanation:
current production: 1,800 per month
utility cost 800
ingredient cost: 0.40
productivity per labor hour: output / labor hours
It is the total goods produced over a base.
In this case, labor hour.
1,800/640 = 2.8125
For each hour of work 2.81 loaves are produced.
