When GM went bankrupt, the <span>the U.S. government became it's majority shareholders.
In order to keep up with the operation, The U.S government obtained the ownership by injecting 500 million shares in 2010. But as per today, the U.S government already sold off all the ownership and resulted in 10 billion dollar lost for the taxpayers.</span>
Answer:
Today's most successful companies are including <u>customers</u> directly in the product and service development process.
Answer:
d. 16.0 minutes
Explanation:
Performance rating = (1+ Allowance factor)
Observed time = 160/384 (1-idletime) = 0.41667* (1-0.2) hrs per unit
standard time = Observed time * Performance rating
=0.3333 hrs/ unit
= 0.3333*(0.8)
= 0.26668 hrs per unit
= 0.26668*60 min/unit
= 16 min per unit
Therefore, the standard time is 16 min per unit
Answer:
$175
Explanation:
Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.
Consumer surplus = willingness to pay - price of the good
Consumer surplus = $750 - $575 = $175