Answer:
Option B "functional strategy
" is the correct option.
Explanation:
- A functional approach or strategy is necessarily connected to operations and maintenance-level decision-making, also recognized as tactical changes.
- Those same tactical decisions were mostly applied to different operational departments such as business, research as well as development, human resources, warehousing, logistic support, amongst others.
And therefore this strategy demonstrates best the specific situation.
Answer:
D) The value of all goods and services produced domestically.
Explanation:
G. D. P is the total monetary value of all the final goods and services produced within a country at a particular period. A country's G. D. P can be calculated whether on an annual basis or quarterly basis, depending on the period in which the country uses as its accounting period. G. D. P is mostly important to a country as it serves as their economic mirror which is used to calculate the country's economic size as well as its growth rate. G. D. P can be calculated using either the country's expenditures, income or production. It can be manipulated during inflation.
Answer:
Explanation:
The main argument in favor regarding increasing minimum wage is that a higher wage will result into an increase in the standard of living of the people. Furthermore, a rise in the minimum wage can help in lifting people out I poverty. Due to higher wages and salaries, workers will have more money to cater for their families and meet their needs. Lastly, an increase in the minimum wage means that the government can reduce its expenditures on helping the low income earners and can therefore invest the money in other critical sectors of the economy.
The arguments against raising the minimum wage is that it can lead to inflation. Inflation in the rise in the price for goods and services. When there's an increase in minimum wage, sellers may increase the price of goods as there'll be more money to spend by households. Also, it can lead to losses of jobs as employersay have to cut down cost on order to be able to increase the wages of some workers and thereby may result in some workers being laid off.
Minimum wages lead to the reduction in the entry-level jobs that are available, and reduces the change of entry level graduates to get training, and lifetime income. According to Economists, minimum wages will result into decrease in the employment opportunities that are available for the youths and thereby create unemployment. Potential employees will miss out on the training that should have been done at the initial stage one is entering an organization.
Specific results that companies try to achieve such as net sales and profits are common results called Profit margin.
Because Net sales are the result of gross sales minus returns, allowances, and discounts. They are a factor in gross profit but do not include costs of goods sold. Net Profit Margin is a financial ratio used to calculate the percentage of profit a company produces from its total revenue.
Allowance is an amount of money given regularly for a specific purpose.
Financial is the study and management of money, investments, and other instruments.
Revenue is the value of all sales of goods and services recognized by a company in a period.
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Answer:
d. the relationship between cost and output.
Explanation:
Production function describes how the output of a production function <em>relates </em>to differing levels of input factors such as labor , technology and machine.
The higher the input factors, the higher the physical output whereas, the lower the inputs, the lower the physical outputs of production.