In a private enterprise economic system, consumers can choose from a variety of

Martin owns his own motorcycle and ATV store. He notices that many of his customers talk about golf while in his store. He quick

Mekhanik [1.2K]

Answer:

The correct answer is have the ability to quickly adapt to change.

Explanation:

The scientific literature on organizational management shows how the complexity in which business is developed today forces organizations to deal with a hyper-competitive environment in which changes occur at a speed not previously known. In this context, the interest in the dynamics that organizations develop in order to adapt in this changing environment has gained extraordinary interest in recent decades. Thus, the pace with which organizations manage to adapt to changes, supported by their processes and their human capital, is revealed as essential for their survival and success.

From the point of view of organizational behavior, we would define the ability to adapt as the ability of organizations to change themselves in order to cope with the non-predicted changes that occur in their context of action. That is to say, to adapt is to vary the way in which the organization behaves to deal with those changes that were not precisely foreseen when the organization was designed.

4 0

3 years ago

Rapier Woodworking Corporation produces fine cabinets. The company uses a job-order costing system in which its predetermined ov

olga nikolaevna [1]

Answer:

The predetermined overhead rate based on hours at capacity is closest to: $20.10 per hour.

Explanation:

Predetermined Rate = Budgeted Fixed Overheads / Budgeted Activity

= $ 3,819 / 190 hours

= $20.10 per hour

4 0

3 years ago

A firm that has recently experienced an enormous growth rate is seeking to lease a small plant in Memphis, TN; Biloxi, MS; or Bi

Irina-Kira [14]

Answer:

Expected annual volume = 18400 units

For Memphis:

Annual cost for building ,equipment and administration = $42800

Annual labor and material cost =Annual volume x cost per unit = 18400 x $8 = $147200

Annual transportation cost = $50000

So,Total cost = $42800 + $147200 + $ 50000 = $240000

For Biloxi:

Annual cost for building ,equipment and administration = $60000

Annual labor and material cost =Annual volume x cost per unit = 18400 x $4 = $73600

Annual transportation cost = $60000

So,Total cost = $60000 + $73600 + $ 60000 = $193600

For Birmingham:

Annual cost for building ,equipment and administration = $100000

Annual labor and material cost =Annual volume x cost per unit = 18400 x $5 = 92000

Annual transportation cost = $27600

So,Total cost = $100000 + $92000 + $27600 = $219600

Explanation:

4 0

3 years ago

Economists call pensions "defined benefits" plans, because:

xxMikexx [17]

Answer:

The correct answer is letter "B": pensions have traditionally been set as a fixed nominal dollar amount per year at retirement.

Explanation:

Pensions are retirement plans employees enroll during their working years. There are different types of pensions being the most common the 401(k), Individual Retirement Account (IRA), and Roth IRA each one with particular features. What all of them have in common is that they allow retired individuals to receive a fixed stream of income per year after they officially stop working. Therefore, that is the reason why economists call pensions as "defined benefits" plans.

4 0

4 years ago

Currently, Cathy's Shirt Shop sells 498 units a month at an average price of $98 a unit. The company thiks it can increase sales

Katena32 [7]

Answer:

$6,020

Explanation:

Calculation for the incremental cash inflow

Using this formula

Incremental cash flow=(Average price per units-Variable cost per unit)*Additional units

Let plug in the formula

Incremental cash flow = ($98 - $55)*140 units

Incremental cash flow=$43*140 units

Incremental cash flow= $6,020

Therefore the incremental cash inflow will be $6,020

4 0

3 years ago