The advantage of an assembly line is that he has to think less aout what needs to be done as it automates the whole process, a disadvantage of the assembly line is that the required output is much higher than it was required of workers in previous periods.
In the highest and best use analysis, maximum productivity is usually considered best use of the property.
Property is generally divided into tangible property and intangible property. Physical properties are visible, tangible, non-physical properties. Furthermore, tangible ownership is ownership over material things, and intangible ownership is intangible rights over things.
For example, gold bars are assets and property. However, while used pillows are considered property, they are not assets unless they are used to generate revenue for a business such as a hotel.
Ownership defines the theoretical and legal ownership of resources and how they are used.
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Answer:
Contingency
Explanation:
The Contingency plan reflects recognition that sometimes the best laid plans do not work the way you intended.
Contingency plans are often used as a back up plan bearing in mind that the original plan may not work out as planned. This type of plan is very important so as not to channel all energy and resources into a course that would fail in the long run.
