Answer: Operations Management-A
Explanation:
Operations management is the management that uses best business practices to create the highest level of efficiency possible in an organization by converting materials and labor into goods and services in an efficient way to maximize the profit of an organization.
This management handles strategic issues, including determining of process, procedures and implementation in operational issues such as management of inventory levels, raw materials acquisition, quality control, materials handling, and maintenance policies, etc
It is necessary for an operation management to understand the processes that are essential to company and ensure they work together effortless. This involves ensuring the business processes follow an efficient way.
Answer:
the decrease in price increase the demand.
Explanation:
Steve is a consumer of goods, his demand will increase if the price drops. In this case, the hamburgers price decrease so it demand increases too.
This makes his consumer surplus increase as well, as he was willing to pay up to $2 per hamburger, receiving 2 at 1 dollar genrate an additional consumer surplus for $2 dollars
Answer: All the options given are correct.
Explanation:
Income inequality is the differences in income of people. It is the aim of every government to reduce income inequality in a country by taking appropriate measures such as the use of progressive tax, infrastructural provision etc.
There are different causes of income inequality in an economy. One of the causes is differences in people's ability. Some peolle are more talented than others e.g footballers and actors. As a result, they may earn higher income than others.
Also, one who works longer hours is likely to make more money than others who work for shorter hours. Some people might also get wealthy through luck.
Answer:
Option C; VIDEOCONFERENCING.
Explanation:
Video conferencing is a technology that allows users in different locations to hold face-to-face meetings without having to move to a single location together.
Videoconferencing may be used to announce significant changes at a company, such as promotions or to present information in an interactive way that allows all participants to engage in discussion about what they see on screen.
Since the corporation's employees are spread all over the world and the senior management are keen on capturing and gauging the emotional joy and delight on the faces of those promoted, therefore, the most appropriate method in announcing the promotions would be VIDEOCONFERENCING.
$175 is Amy's tax basis in the stock received in the exchange
Solution:
The principle of taxes of the owner is equal in the exchanged land,
when the company assumes responsibility.
If Amy is to sell the stock at $630,
the loss is (630-455) $175,
equivalent to $175, which is the amount of a late loss.
