Answer:
DIVISION OF LABOUR
Explanation:
Division of labour is : allocating different subparts of a task process to different people, to attain better efficiency. Better efficiency is attained by - labourers being specifically specialised in that subsection task, which increases their individual & hence organisation efficiency.
Elisa: opening her new business & assigning tasks to employees - is an example of the same.
All other options are inapt because: Management departmentalisation is dividing organisation into specialised niche departments. Mass production economies is cost reduction due to bulk quantity production. Specialisation of priorities is developing competitive advantage by research & innovation.
Answer:
c. large
Explanation:
If Jill attends a leadership training session at her company’s corporate offices and there are six trainers and 48 participants at the seminar. This would be an example of a <u>large </u>group
By definition large groups are secondary groups of many persons and are impersonal. They are often task-focused and time-limited. They serve an instrumental function rather than an expressive one, implying that their role is more goal- or task-oriented than emotional. Examples include A classroom or office.
Answer:
Bob can pay to support his local public radio station, which depends on donations to be as effective as possible. Bob listens to the radio station several hours per day but never donates since he suspects that other people will donate enough to keep the station on the air.
Jim is working on a group project for a class in which he wants a high grade. However, since the grades are assigned to the group as a whole and he knows that the other group members will pick up most of the extra work, Jim calls in sick and plays video games on his Dream Station 64
Explanation:
Free riding is a form of market failure where a person who benefits from a good or service doesn't pay for it.
Bob enjoys the radio but doesn't support it and Jim doesn't participate in the group project but expects to earn a good grade; these are examples of free riding.
Karl doesn't benefit from the street light and doesn't pay; hence, he is not free riding.
I hope my answer helps you.
Answer:
The formula for cash payback period is
Initial Investment/Net cash inflow from the investment
So in this case the initial investment is $40,000 and the cash flow increased by the computer is $5,000 so in order to find the cash payback period we will divide 40,000 by 5,000
40,000/5,000=8
The cash payback period is 8 years for the investment in the computer
In this case we ignored the depreciation expense as it is a non cash expense.
Explanation:
