Answer:
The percent change in labor productivity is 22%
Explanation:
Listing out the parameters given:
labor productivity (2009) = 3.33 units/hr,
labor productivity (2010) = 4.27 units/hr
To calculate the percent change in labor productivity, we have it thu:
percent change in labor productivity = [labor productivity (2010) - labor productivity (2009)] ÷ labor productivity (2010)
Let's assume 'Labor productivity' = LP
%Δ in LP = * 100% = * 100%
%Δ in LP = * 100% = 22%
%Δ in LP = 22%
This shows an increase in computer manufacturing from 2009 to 2010 by 22%
Answer:
Since marketing is the process of creating, communicating and delivering products to customers with the aim of satisfying their needs, the purpose of a marketing philosophy is to identify and fulfill those needs, as well as wants and demands.
Answer:
a. $3,740 Favorable
b. $680 Unfavorable
Explanation:
The computation of labor rate variance and labor efficiency variance is shown below:-
Labor rate variance = Actual cost - (Actual hours × Standard rate)
= $130,220 - (9,850 × $13.60)
= $130,220 - 133,960
= $3,740 Favorable
Labor efficiency variance = Standard rate × (Actual hours - Standard hours)
= $13.60 × (9,850 - 1,750 × 5.6)
= $13.60 × 50
= $680 Unfavorable
Answer:
1. A radical innovation.
2. Subcultures
Explanation:
If you wanted your organizational unit to create a new product that is essentially an entirely new industry, you will encourage a radical innovation.
A radical innovation also known as the disruptive innovation is an innovative approach aimed at destroying or supplanting old business strategies and models with an invention to breakthrough and change the whole industries by creating new products.
Because workgroups develop their own subcultures, intranets build a common cultural foundation that can help unify employees in different units and locations around common company values.