In a case whereby firm’s expenses equal or exceed its revenue, the actions that might be taken by management is To check their production process and check the cost of their input.
<h3>What are expenses?</h3>
This are the cost of inputs that the company put into production of their goods and services.
When expense is higher than revenue then the organization is running at loss, but when the revenue equal to the expenses, there is no Gain.
Therefore, the actions that might be taken by management is to check their production process .
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Answer:
Hold meeting with employees, volunteers and representatives of other local shelters and listen carefully as they brainstorm ideas.
Explanation:
A leader can be defined as an individual who motivates and inspires a group of people towards achieving a common goal. A good leader must possess the following characteristics:
1) A leader must be a good communicator, he/she must be able to deliver information to the group in an orderly manner.
2) A good leader must be able to inspires others.
3) A leader must lead with honesty.
4) A leader must be able to make good decisions.
5) A good leader should be able to account for his/her various activities.
Answer:
loss at the short run
Explanation:
marginal cost is higher than the marginal revenue
Answer:
The break-even point in economics, business—and specifically cost accounting—is the point at which total cost and total revenue are equal, i.e. "even". There is no net loss or gain, and one has "broken even", though opportunity costs have been paid and capital has received the risk-adjusted, expected return.
Explanation:
Answer:
Identify with Your Goals, Build a Professional Resume, Become Aware of Your Strengths, Assume Full Responsibility for Your Life, Always Raise Your Standards, Brand Yourself, and Network
Explanation:
