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QveST [7]
3 years ago
5

Explain fayols 14 principle of management in any organization

Business
1 answer:
USPshnik [31]3 years ago
7 0

Answer:

The fourteen principles of management created by Henri Fayol are explained below.

Division of Work- ...

Authority and Responsibility- ...

Discipline- ...

Unity of Command- ...

Unity of Direction- ...

Subordination of Individual Interest- ...

Remuneration- ...

Centralization-

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Do you think a nation’s output should be distributed according to income or according to some other standard (such as basic huma
melomori [17]

Answer:

i think that income is built for order and human need

Explanation:

if we distributed according to human need that's technically a communist country

8 0
3 years ago
What is the effect of a 10 percent price increase on quantity demanded if elasticity is infinite?
Julli [10]

Answer:

Demand drops to zero

Explanation:

Infinite elasticity of demand is also called perfect elasticity of demand.

In this scenario the demand for a product is attached to it's price.

There is an infinite change in the quantity demanded as a result of change in price.

Graphically it is a horizontal demand curve as represented in the attached

Even a small increase in price will cause demand to fall to zero.

Examples are luxury goods such as high end cars and expensive jewelry.

4 0
3 years ago
A Bill of Material (BOM) in MRP is defined as:
Brums [2.3K]

Answer:

The correct answer is letter "B": A listing of components, their descriptions, and the quantities of each required to make one unit of a product.

Explanation:

A Bill of Material (BOM) in Materials Requirement Planning (MRP) relates the final product with the raw materials, assemblies, parts, and components necessary to manufacture a unit of that good. The BOM is a document that itemizes all the resources necessary to produce a good including at the top the product itself and a listing in hierarchical orders from components to individual materials.  

Creating an accurate BOM helps to have all the material necessary for production available.

4 0
3 years ago
Bette's Breakfast, a perfectly competitive eatery, sells its "Breakfast Special" (the only item on the menu) for $5.00. The cost
Tamiku [17]

Answer:

Bette's Breakfast should increase the price or change the cost´s structure.

Explanation:

Bette's Breakfast should increase the price to get any profits because the total of the cost of serving that breakfast is higher than the price.  

Profit= price* sales -((Variable cost * sales) +Fixed cost)

Other option is changing the structure of cost per meal.

4 0
3 years ago
Read 2 more answers
QUESTION 1 The country Grupindor recently experienced a drastic increase in inflation. This led to the depreciation in the value
yawa3891 [41]

Answer:

Option d (economy of the country) is the appropriate answer.

Explanation:

  • Along with many other things, the economy of such a given country is regulated by its society, rules, history, as well as geography, and then it develops out of requirement.
  • This example better shows the operational effects of the country's economy although inflation continues threatening the position due to certain external causes and leading to a decrease in present value.

Some other options offered aren't relevant to the situation described. For the aforementioned to be the right answer.

5 0
3 years ago
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