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katen-ka-za [31]
3 years ago
11

Manila Water, the provider of the water and sewerage services in the capital of the Philippines has purchased the government-own

ed water and sewerage system for the entire country. It promises to make the nation's water and sewerage system run as efficiently and profitably as the one it operates in Manila. The development, maintenance, and allocation of resources to achieve its goal will require:
A.
Processing

B.
Organizing

C.
Leadership

D.
Planning

E.
Controlling
Business
1 answer:
NeX [460]3 years ago
5 0

Answer:

Letter D is correct. <u>Planning. </u>

Explanation:

In this question, Manila Water has already defined its main objective with the purchase of the government's water and sewage system for the entire country. The goal is <em>"to make the country's water and sewage system work as efficiently and profitably as the one operating in Manila"</em>

Therefore, with the objectives and goals defined, it is necessary to plan the actions that will assist in achieving these objectives.

Therefore, it is ideal for Manila Water to carry out a strategic planning of which methods and procedures will best guide the achievement of the expected results.

Planning is essential in any project or business, because it is possible to carry out a realistic diagnosis to prevent possible threats and know how to take advantage of opportunities and improvements in the implementation of the actions necessary to achieve the objectives. Through planning it is possible to organize activities, improve the understanding of the project, define goals, vision and values ​​and all the essential steps for the expected results to be achieved.

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India specializes in business process outsourcing and does this more efficiently than any other country. It buys agricultural co
uysha [10]

Answer:

Ricardo’s Theory of Comparative Advantage

Explanation:

Comparative advantage is the term used to define the ability of an individual, firm or country to produce a particular good or service at a lower opportunity cost than that if it’s competitors or trade partners. Opportunity cost is the benefit lost from the second best alternative.

When a country can produce a product more efficiently (i.e maximum output using minimum resources) than that of its trade partners, it is known as that it has absolute advantage in that product. India tends to have absolute advantage in both business processes outsourcing as well as producing agricultural commodities as it is mentioned that it can produce both of these more efficiently than the United States.

However, although it has absolute advantage in both, it is still less efficient in producing agricultural commodities when compared to business process outsourcing. In other words, if it attempts to produce agricultural commodities in-house, the benefit lost from the second best alternative: business process outsourcing is high. The opportunity cost is higher when it produces agricultural commodities than it is when it does business process outsourcing. Hence, due to the law of comparative advantage, it chooses to specialize in business process outsourcing and imports agricultural commodities.

5 0
2 years ago
On April 1, the company retained an attorney for a flat monthly fee of $2,000. Payment for April legal services was made by the
olga55 [171]

Answer:

                                       Journal Entries

Date         Account Titles and Explanation      Debit       Credit

April 30   Salaries expenses                             $4,800

                 ($12,000/5) * 2

                        Salaries payable                                         $4,800

                  (To record the Accrual of salaries expense)

May 30      Salaries Expenses

                   ($12,000/5)*3                                   $7,200

                   Salaries payable                              $4,800

                           Cash                                                           $12,000

                    (To record the payment of salaries expenses)

6 0
3 years ago
The operations vice president of Security Home Bank has been interested in investigating the efficiency of the bank’s operations
AURORKA [14]

Answer:

The computation of the activity rates for the activity-based costing system is shown below:-

Explanation:

                        Opening     Processing     Processing     Other        Totals

                        accounts     Deposits and     other          activities

                                             Withdraws       Customers

                                                                      transactions

Teller wages  $5,800         $108,750          $26,100      $4,350     $145,000

Assistant

branch

manager

salary             $4,800         $6,600              $16,200       $32,400   $60,000

Branch

manager

salary           $3,760           $0                     $20,680      $69,560    $94,000

                    $14,360         $115,350           $62,980      $106,310

Working Note

                        Opening     Processing     Processing              Other    

                        accounts     Deposits and     other                  activities

                                             Withdraws       Customers

                                                                      transactions

Teller

wages ($145,000 × 4%)  ($145,000 × 75%) ($145,000 × 18%) ($145,000 × 3%)

Assistant

branch

manager

salary  ($60,000 × 8%) ($60,000 ×11%) ($60,000 × 27%) ($60,000 × 54%)

Branch

manager

salary ($94,000 × 4%) ($94,000 × 0%) ($94,000 × 22%) ($94,000 × 74%)

Activity                      Activity cost        Cost drivers      Activity rate

Opening accounts    $14,360                230                  $62.43

Processing deposits

and Withdrawals       $115,350              51,000              $2.26

Processing other

customers

transactions               $62,980             1,150                  $54.77

4 0
3 years ago
Suppose you were assigned the task of choosing a price that maximized economic surplus. What price would you​ choose? ​ Why? A.
mote1985 [20]

Answer:

C. Choose the price where the quantity demanded equals the quantity supplied because that is the equilibrium condition.

Explanation:

The equilibrium price is the most ideal because at this price the consume is willing to buy, if price goes above this the consumer may look for an alternative and this will further increase surplus.

Also when there is surplus the suppliers will find a way to sell competitively at the equilibrium price.

8 0
3 years ago
We assume that when a firm hires additional workers, the marginal physical product of labor will:
oee [108]
WE assume that when a firm hires additional workers, the marginal physical product of labor will decrease. Why? Because more people will be added in a certain firm. Thus the resources will be divided to more people now and the money will also be divided to them
3 0
3 years ago
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