Answer:
An increase in the price of one substitute good causes a decrease in supply for the other.
Explanation:
I just took a test on this subject last week :)
Answer:
The correct answer is letter "D": Overhead costs are high and there is considerable diversity among products.
Explanation:
Activity-Based Costing or ABC is a management accounting approach that assigns some indirect costs to goods incurring the bulk of certain costs. ABC is primarily used in the manufacturing sector to allow a proper estimate of the real cost of output per unit. ABC is mostly used when the firm offers a wide variety of products and their overhead costs are expensive.
Most businesses forego the use of ABC because the cost of introducing it exceeds the benefits of using it.
Answer:
<em>A. Human relations skills</em>
Explanation:
<em>From the following skills, the skill that is most attributed to Lara's success in the given context is "Human relations skills."</em>
Because human relations skill is basically a type of skill in which person interact with one and another and also posses some qualities such as making of decision and leading a group of peoples as well.
As we can see that Lara also posses these qualities, that she is convincing her team members, and negotiating that includes interaction. Now we can say that Lara has "Human relations skills."
Answer:
Yes.
Explanation:
The company currently has HR units, fiscal units, and purchasing units at each plant. This can be costly for the company since all these units incur cost and have to be paid for separately.
By centralizing the operations, that is, bringing these functions together in one location, Corey will need fewer employees. Hence, he shall be able to save costs by having to pay lower salaries. Moreover, there shall be greater consistency as work across various plants shall not be done by the same employees.
Although the costs of travel shall increase for the company, the cost savings in the form of lower salaries should definitely outweigh this increase.
Answer:
Scientific Management
Explanation:
Frederick Winslow Taylor founded the theory of scientific management. It is also known as Taylorism. The primary function of the theory is to improve economic efficiency. The theory focuses on the improvement of both the individual and the organization collectively. Emphasis is put on enhancing the methods of working to increase production.
