Inflation is 110
<u>Explanation:</u>
The consumer price index is the ratio of the basket prices of the current year to the basket price of the base year multipliers by 100, this helps us to determine inflation
now, cpi in second year =
= 110
Answer:
The correct answer is E (Decision diagrams).
Explanation:
A diagram or decision tree is a prediction model used in various fields ranging from artificial intelligence to Economics. Given a set of data, logical construction diagrams are manufactured, very similar to rule-based prediction systems, which serve to represent and categorize a series of conditions that occur successively, for the resolution of a problem.
Answer: 26.37%
Explanation:
Given that,
Standard cost of CD players = $161 per unit
Labor = $34
Materials = $74
Overhead = $53
Sales price = $300 per unit
Current multi-factor productivity =
=
= 1.86
Revised multi-factor productivity after productivity increase by 14 % = 2.1204
Thus given sales price remaining constant at $ 300 and multi-factor productivity of 2.1204
Revised standard cost of CD players =
= $141.48
Let the corresponding material cost be $m,
Therefore,
Labor cost + m + overhead cost = $141.48
$34 + m + $53 = $141.48
m = $54.48
percentage reduction in material cost =
=
= 26.37%
MATERIAL COST MUST REDUCE BY 26.37%.
Answer:
A.Leadership styles and behaviours
Explanation:
-Leadership styles and behaviours refer to the approach and actions a leader take to direct, motivate and guide people.
-Team processes refer to how the team works to accomplish goals.
-Team characteristics refer to the qualities that a group of people that work together possess.
-Leader power and influence refer to the ability a leader has to convince people to do certain things and achieve a goal.
According to this, the option that captures the specific actions that leaders take to influence others at work is leadership styles and behaviours.
Answer:
The correct answer is b. Franchising.
Explanation:
Exporting is the lowest-risk strategy; however, for a food service business, as the product shelf life is ver less, it probably makes more sense to use franchising, another relatively low-risk global expansion strategy.
Franchising is a contractual arrangement between two companies, allowing one to use a brand and concept developed by the other. In other words franchise is a type of license that a party (franchisee) acquires to allow them to have access to a business's (franchisor) proprietary knowledge, processes, and trademarks in order to allow the party to sell a product or provide a service under the business's name against payment of specified amount.