Answer:
Explanation: The implementation of resource management policies can be achieved through the following: control theory, machine learning, utility-based, and market-oriented method.
1. Control theory:
Benefit- it can analyse linear and non linear systems, single or multiple systems.
Problem- It is complex and requires multiple computations
2. Machine learning Theory:
Benefit- It does not sole depend on extracting information and it gives room for improvements. It performs routine and non routine tasks
Problem- It requires a complex to understand and need trained professional to operate it.
3. Utility-based method:
Benefit - It gives urgency to tasks, it gives users better satisfaction.
Problem- the tasks needs to be carried out continuously
4. Market-oriented method:
Benefit - it gives room to know and understand the market, it leads to an increased organisational performance.
Problem- requires a professional.
Management moving production or other parts of the company's value chain to countries where wages are lower is an example of cost drivers.
<h3>What are cost drivers in business?</h3>
The cost drivers can be defined to be the direct cause of the expenses that may occur in a business. These are the activities that may cause a cost to happen in the business. For instance this could be the amount of water that is used monthly in a given area.
Hence we can say that management moving production or other parts of the company's value chain to countries where wages are lower is an example of cost drivers.
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Answer:
sell bonds, increase discount rates and increase reserve requirements
Explanation:
The Federal Reserve’s three instruments of monetary policy are open market operations, the discount rate and reserve requirements ( Sometimes discount rate management is divided as discount and interest rate) .
Open market operations involve the buying and selling of government securities. The term “open market” means that the Fed doesn’t decide on its own which securities dealers it will do business with on a particular day. Rather, the choice emerges from an “open market” in which the various securities dealers that the Fed does business with – the primary dealers – compete on the basis of price. Open market operations are flexible, and thus, the most frequently used tool of monetary policy.
The discount rate is the interest rate charged by Federal Reserve Banks to depository institutions on short-term loans.
Reserve requirements are the portions of deposits that banks must maintain either in their vaults or on deposit at a Federal Reserve Bank.
Answer:
A. III only
Explanation:
One of the very useful tools in project management analysis is the PERT and CPM.
PERT (Program evaluation and review technique) provides valuable information regarding which activities need to be closely watched.
While CPM (Critical Path Method) helps in determining the time required to complete each task, and the minimum time required to complete a project.
Both CPM and PERT serve similar purposes by helping to determine projects or activities that need to be watched closely.
Answer:
Consider the following explanation
Explanation:
If these error are nit corrected, the income before taxes be overstated by $ 35,000
.
As, Overstatement of Ending Inventory will affect the gross profit (Increase) by $ 25,000 and then understatement of Depreciation will further increase Net Profit by $ 10,000
