Answer:
The correct answer is letter "B": strategy.
Explanation:
The strategy section of a business plan highlights all the techniques the firm could carry out to produce, publish, and sell its goods or services. Besides, in this section, the main problems a company might face during operations are exposed and the methods specialists will implement to attempt to figure out those situations.
Answer:
Factors that can shift the demand curve for goods and services, causing a different quantity to be demanded at any given price, include changes in tastes, population, income, prices of substitute or complement goods, and expectations about future conditions and prices.
Answer:
$39,800
Explanation:
From the question above Morrow company has decided to use the measuring cost function method to find its total cost
- $68,400 is the highest cost and $37,600 is the lowest cost
- 6,000 is the highest number of hours and 3,200 is the lowest
The first step is to calculate the cost driver. Let's use the alphabet c to represent the cost driver
(68,400-37,600) / (6,000-3,200)
c = 30,800/2,800
c= $11
Cost driver= $11
The next step is to find the fixed cost. Let's use the alphabet f to represent the fixed cost
68,400= f + ( 11×6000)
68,400= f + 66,000
f= 68,400-66,000
f= $2,400
Fixed cost= $2,400
The final step is to calculate the cost function
Cost function= fixed costs+variable costs×number of units
Fixed cost= $2,400
Variable cost= $11
Number of units= 3,400 hours
= 2,400+(11×3,400)
= 2,400+ 37,400
= $39,800
Hence the total cost at an operating level of 3,400 hours is $39,800
The main problem with this team seems to be centered around differences in the formality of structure.
Cross-functional Work Team
This type of work team happens when individuals or groups of different functions come together to work together towards a common goal. This can either be done by two or more team leads to take the initiative or if there is a certain company project where employees of specific skills are required from different departments to do the job.
Problems with Cross-functional Team
There are certain problems faced when working in cross-functional teams. One of which is time management, where the team must meet up to manage the project and to discuss its further development. In the given question "time orientation" this certainly is not the main problem.
Another important factor is that employee success is based on goals and objectives. In doing so, the individual becomes more focused on their personal goals and loses sight of what is more important to prioritize, which is the company as a whole. Of course, this means that neither the interpersonal nor the goal orientation is the main problem arising between the team.
Finally, when more individuals come together to form a team, there is a chance that there might be dominating personalities in the group. This would cause difficulties among the group unless a leader is determined to manage the team. Now, this is the main problem here, as there is no formality of structure defined. Resulting in the dispute between managers and scientists. To avoid any further dispute formal structure must be laid out and a leader should be appointed amongst them.
Learn more on cross-functional team here: brainly.com/question/1490525
