Answer:
- TFP does not cause diminishing returns
- both China and India experienced increased standards of living
Explanation:
Total Factor Productivity (TFP) shows how much the economy is growing in excess of the inputs of labor and capital put into the productivity of the economy. It can therefore not be explained by the amount of inputs put into production because it is the part of productivity that is more than the productivity that should have been seen given the inputs put in.
Increasing it does not cause diminishing returns which means it can lead to a sustained increase in per capita output.
Both China and India have experienced growth in the living standards of their citizens from 1980 to 2017 with both of them seeing millions being pulled from poverty. China for instance, managed to reduce the number of poor people in the country from 400+ million in 1981 to 70 million in 2017.
Answer:
C. $75,000
Explanation:
All the current assets which can be quickly converted into cash are the quick assets. Inventory and Prepaid Insurance are not the p[art of this because these take much longer time to convert into cash than other current assets. Receivable has more liquidity than inventory because it takes less time to recover.
Cash $25,000
Short-Term Investments $10,000
Accounts Receivable <u>$40,000</u>
Total Quick Assets <u>$75,000</u>
Answer:
Option (c) is correct.
Explanation:
In this situation, he is considered as employed. Presently, he is working as a correction officer and this job is suitable according to his qualifications. If he is trained and still working in a same department at a same job position then this situation is considered as an underemployed.
Hence,
While computing the official unemployment rate, the Marc is considered as an employed.
Answer:
The organization structure is not clearly defined, Managers are performing duties in various departments at a time.
Explanation:
San Consulting is one of the finest consulting firm in the Greater Accra Region. The firm is always a first choice for individuals who want to pursue their career in business. The Organizational structure of San Consulting is not clearly defined. San's profits are falling because management practices are not according to the other competitive organizations. The managers working at San are facing excess workload and pressure for their work. Their job descriptions is not clearly defined and they are forced to work in multiple departments at the same time due to which they are losing focus on their own work.
Questions 1: Planning, organizing, leading and controlling
Question 2: The organizational structure needs to be set and every employee should have their defined job role so they are able to complete work with efficiency.
Question 3: The profits of San consulting will rise as there will be less duplication of work and every employee will be able to focus on their own task and will work with efficiency.
Question 4: Matrix. The matrix organizational structure is not suited in this organization. The right organizational structure for San consulting will be Functional Structure.
Question 5: (i) The profits for San Consulting will decline
(ii) The profit will rise because employee will focus more on their specific tasks.
1B. Yes agree. The managers need to focus on the external environment as well to identify the opportunities and threats present which can stimulate changes for the organization.
Answer:
480 inches (40 feet)
Explanation:
Studs are boards placed on walls so as to support the walls. Studs are used in framing the wall and they are vertical.
Studs are usually spaced on walls with wall framing at either 16 inches on center, 19 inches on center or 24 inches on centers.
Given that on center spacing = 16 inches, number of studs = 31
The length of the wall is given by the formula:
number of studs = (length of wall in inches / on center spacing in inches) + 1
Length of wall (inches) = (number of studs - 1) * on center spacing
hence:
Length of wall (inches) = (31 - 1) * 16 inches = 480 inches
Length of wall = 480 inches = 40 feet
