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Tresset [83]
3 years ago
8

Managers need to understand how information flows within the organization, how their organization interacts with other organizat

ions, and how the various parts of the organization interact with one another.
True

False
Business
1 answer:
Alexus [3.1K]3 years ago
8 0
The answer to this question is False:)
You might be interested in
Zone of acceptance refers to consumers': Select one:
sesenic [268]

Answer:

Letter a is correct. <em>Acceptable range of prices for any purchase situation.</em>

Explanation:

<u>  The purchase decision</u> process is a systematic model that represents the rational or irrational steps a consumer goes through before making a purchase. These steps are related to solving needs, searching for information, evaluating similar alternatives, and post-purchase behavior.

The zone of acceptance is a step regarding the price range that the consumer is willing to pay for a particular product or service, and is influenced by each step of the consumer's buying decision.

6 0
4 years ago
Who gains from international trade? only the importing nation only the exporting nation both the importing and the exporting nat
Zina [86]

<u>Answer:</u>

<em>Both the importing and the exporting nations </em>

<em></em>

<u>Explanation:</u>

Imports permit more diversity assorted variety in the market for customers and occupants of specific countries, as they can acquire outside items without voyaging or paying extra charges. Import advantages stretch out past people to organizations.

Global exchange impacts the quality of nearby economies, the joblessness rate, and openings in business. While the solidness of the nearby economy is necessary, one of the ways that it keeps up its equalization is through global exchange. Creating economies depend on universal fares to remain above water.

5 0
3 years ago
Consider a firm which produces T-shirts according to Q = L^0.5, where Q denotes output and L is labor input. The domestic wage i
Luden [163]

From the calculation below, the profit-maximizing labor input is 0.0625, and the profit of the firm is 0.125.

<h3>How do we determine profit-maximizing labor input and profit?</h3>

From the question, we can obtain:

R = Revenue = Q*P = L^0.5 * 1 = L^0.5

C = Cost = w * L = 2L

P = Profit = R - C = L^0.5 - 2L

To obtain the profit-maximizing labor input, the first derivative of P is taken, equated to zero, and we solve for L as follows:

P' = 0.5L^-0.5 - 2 = 0

0.5L^-0.5 = 2

L^-0.5 = 2 / 0.5

L^-0.5 = 4

L^(-0.5/-0.5) = 4^(-1/0.5)

L = 0.0625 ----> profit-maximizing labor input

The profit (P) of the firm can now be calculated by substituting L = 0.0625 into the P function as follows:

P =  0.0625^0.5 - (2 * 0.0625) = 0.125 --------> Profit of the firm

Learn more about profit function here: brainly.com/question/16866047.

#SPJ1

4 0
2 years ago
As a manager, Marcus is very conscious of how his subordinates feel about whether their work outcomes are as expected relative t
Nataly [62]

Answer:

equity

Explanation:

From the question we are informed about, Marcus who is a manager and very conscious of how his subordinates feel about whether their work outcomes are as expected relative to the effort and contributions they put in. This case is an example of the equity theory. Equity theory can be regarded as theory that base give explanation or allows to know if the distribution of particular resources is been fair to both involved relational partners.

To measure, Equity the ratio of contributions/cost is been compared with benefits/rewards outing

each person in consideration.

ratio of inputs to that of outcomes gives the structure of equity in a company.

4 0
3 years ago
Kapanga Manufacturing Corporation uses a job-order costing system and started the month of October with a zero balance in its wo
PolarNik [594]

Answer:

B) $30,500

Explanation:

Calculation for Kapanga's work in process inventory balance at the end of October

First step is to calculate the Variable Overheads

Variable Overheads = 150% × $5,000

Variable Overheads = $75,000

Now let calculate work in process inventory balance using this formula

Work in process inventory balance = Direct Material + Direct Labor + Variable Overheads

Let plug in the formula

Work in process inventory balance= $ 18,000 + $ 5,000 + $ 7,500 = $ 30,5000

Work in process inventory balance= $30,500

Therefore Kapanga's work in process inventory balance at the end of October will be $30,500

3 0
3 years ago
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