Answer: e. recognizes entropy
Explanation:
Reengineering in an organization is a way through which an organization undergoes restructuring so that they can maximize their strength and work on their weaknesses.
Reengineering is aimed increasing income, improving the reputation of an organization, improving efficiency. It is also needed for a company to increase productive with reduced cost through improved processes.
Answer:
The premium amount should it charge is $690
Explanation:
The X values would be 0 1,000 5,000 10,000
Since, we have to deduct the $500 and add the premium amount
So, new X values would be 100 600 4,600 9,600
And, the probability would be 0.82, 0.08, 0.08, and 0.02
So, the premium amount would be equal to
= 100 × 0.82 + 600 × 0.08 + 4,600 × 0.08 + 9,600 × 0.02
= 82 + 48 + 368 + 192
= $690
Answer:
C. equilibrium quantity and price to fall.
Explanation:
Equilibrium of price is the intersection of demand and supply curve at a price, which mean quantity demanded is equal to quantity demanded. There is shift in demand or supply curve due change in various factor, like price, income, customer´s preference, technologies etc. If market reachs below equilibrium price then there will be higher demand and low supply in the market. Shift in demand and supply curve lead to increase or decrease in equilibrium price and quantity. If demand curve shift downward, which means there is decrease in quanity demanded and supply does not change, which lead both equilibrium price and quantity to fall.
Complete Question:
One of the long-run effects of higher government budget deficits:
A. is growth in the economy's private sector at the same time the government sector shrinks.
B. a redistribution of real Gross Domestic Product (GDP) away from government-provided goods and toward more privately provided goods. C. a fall in the equilibrium price level.
D. an increase in the government's share of the nation's economic activity.
Answer:
D. an increase in the government's share of the nation's economic activity.
Explanation:
One of the long-run effects of higher government budget deficits is an increase in the government's share of the nation's economic activity because it would be mainly responsible for funding of the economy, thereby causing higher real Gross Domestic Product (GDP).
A government budget deficit arises when government expenses exceed it's revenue.
It usually expresses the financial health of a nation over a period of time.
Answer:
Responsibility center
Explanation:
A responsibility center is a unit in an organization that is headed by a manager or an executive, in which he has a level of responsibility and authority over the performance of that unit. The manager is usually held responsible for the outcomes and activities carried out in the unit. In an organization, there are several responsibility centers that tend to different responsibilities.
A responsibility center is a functional entity of its own that is staffed. Examples of responsibility centers are cost centers, profit centers, revenue centers and so on.
