It’s 47, and what do you wanna talk about?
Answer:
C. Equilibrium Wage
Explanation:
The intersection of labor demand and supply curves forms the equilibrium wage. The term equilibrium means balanced. Firms will continue hiring more workers as long as the marginal revenue product of labor is greater than the cost of labor. In other words, a business will employ an additional worker if the benefits derived from that worker are greater than the wage paid to the worker.
If the benefits derived from hiring an extra employee match the wage rate, the organization ceases to employ. Equilibrium wage is the wage rate at which a firm stops hiring. At the equilibrium wage, the marginal revenue product of labor is equal to the wage rate. In other words, the firm will not benefits from employing an extra worker.
Answer:
The level of sales in units is 7,400
Explanation:
The computation of the level of sales in units is shown below:
= (Fixed cost + target income) ÷ (Contribution margin per unit)
= ($286,200 + $106,000) ÷ ($163 per unit - $110 per unit)
= $392,200 ÷ $53 per unit
= 7,400 units
The Contribution margin per unit is
= Selling price per unit - variable cost per unit
Henec, the level of sales in units is 7,400
Nutt and Backoff (1997) assessed four organizational contexts in terms of their proficiency to produce visionary strategic adaptation, and one of the four is bold organizations.
According to Nutt and Backoff's assessment of organizational contexts in terms of their ability to produce visionary strategic change, bold organizations have restricted resources. The acceptance of the need for change is high. So these big organizations tend to be more organic and less rule-bound.
Leadership which will be seen here will be Farsighted leadership. This involves freeing up resources and securing that the key stakeholders are carefully nurtured in the process of developing the vision. Only if the organizations aim big and far-sighted will they be able to achieve their organizational goals which involve visionary strategic goals.
Learn more about visionary strategic goals here:
brainly.com/question/14938541
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