Answer:
Limited communication media can force employees to deliver messages using ineffective methods. Inappropriate upward communication tools can create confusion
Explanation:
Answer: Employee, worker and self-employed.
Explanation: An employee is an individual who has entered into or works (or worked) under the terms of a contract of employment.
A Worker A worker who is not an employee works under a contract whereby the individual.
A self-employed is the state of working by themself not as a employee .
Answer:
Biometric
Robotics
Big data
AI technology
Virtual business process
Explanation:
There are many technologies that are emerging everyday. We are in an era where there is new thought to digitalization every hour. The experts have paced their work to contribute towards digitalization and make the business process easier. The business process has been eased but there are many impacts that an organization has to face for digitalization. There is robotics and many employees has been made redundant due to robotics as the robots perform tasks better than human and they do not need any breaks.
Artificial intelligence is also one the impact that modern day businesses face. There are decision making process which is now converted to AI and reliance is made on their results. Instead of analyses by employees and company management complete reliance is placed on AI.
Answer:
<u>Profit</u>
Explanation:
Revenue refers to the total receipts by a business for the sale of it's output.
Cost refers to the expenditure incurred for manufacturing products or creating a service.
The difference between the above two i.e revenue and costs, is termed as profit.
Profit can be of two types, economic profit and accounting profit. Accounting profit is calculated by deducting actual costs incurred from total receipts.
Economic profit on the other hand also considers implicit costs i.e opportunity costs, while calculating profits.
Answer:
The inventory turnover for the period is 5
Explanation:
Inventory turnover is the ratio which stated that how many times the company replaces as well as sells the stock of goods during a specific year or period.
The formula for computing the inventory turnover is as:
Inventory turnover = Cost of goods sold / Average inventory
where
Cost of goods sold (COGS) = $9,070,000
Average inventory = $1,814,000
Putting the values above:
Inventory turnover = $9,070,000 / $1,814,000
Inventory turnover = 5