Enumerate two disadvantages of division of labor.​

Answers

Answer 1

Answer:

1. Lack of Responsibility:A worker performs only a part of the total Job

2. Monotony in work:A worker has to do the same small task repeatedly


Related Questions

Tayco Corporation has just paid dividends of $3 per share. The earnings per share for the company was $4. If you believe that the appropriate discount rate is 15 percent and the long-term growth rate in dividends is 6 percent, and earnings is 6 percent, then the firm's P/E ratio is

Answers

Answer:

the price earning ratio is 8.33

Explanation:

The computation of the price earning ratio is shown below:

P/E Ratio is

= share price ÷  Earning Per share

where,

The price of a share is

= 3 × 106

= $3.18

And, the earning per share is

= $4 × (1.06) ÷ (0.15 - 1.06)

So, the price earning ratio is

= (3 × (1.06) ÷  4(1.06)÷ (0.15 -0.06))

= 8.33

Hence, the price earning ratio is 8.33

Studies indicate that married men on average earn more income than unmarried men of the same age and education level. Why must we be cautious in concluding that marriage is the cause and higher income is the effect? We do not want to fall into the causation fallacy because the sole cause of greater income is not directly caused by marriage. There could be many other factors involved.

Answers

Answer:

all of the answers provided are correct

Explanation:

The causation fallacy refers to when a cause is incorrectly identified for a specific effect in a research study. That being said, all of the answers provided are correct. There is no clear indication or proof in this study that shows that "marriage" is the sole factor that causes the difference in pay between the men in question. There can be many other factors in play such as social connections, economic backgrounds, geographic locations, field of work, etc.

A coupon-dispensing machine in a grocery aisle and an employee handing out free samples of a new product are both examples of ________.

Answers

Answer:

POP stimuli

Explanation:

POP stimuli refers to activities that are used to get customers to purchase products when they visit a website or a physical store. According to this, the answer is that a coupon-dispensing machine in a grocery aisle and an employee handing out free samples of a new product are both examples of POP stimuli because these are activities that companies implement in stores to encourage customers to purchase products.

A team member can become distracted by a work or personal problem that prevents him or her from following through on commitments made to the team. This team member is best described as a(n): absentee member. social loafer. procrastinator. arbitrator.

Answers

Answer:

absentee member.

Explanation:

A team member can become distracted by a work or personal problem that prevents him or her from following through on commitments made to the team. This team member is best described as an absentee member because it is safe to say that he didn't contribute anything to the team, as opposed to his or her promises or requirement to be supportive.

"a monopolist's demand curve, marginal revenue, and its costs. At the profit-maximizing output level, the monopolist's profit would be"

Answers

Answer:

when the marginal cost equals the marginal revenue.

Explanation:

Given that a monopolistic market is a market in which there is only one producer or supplier of a particular product or service in a given area, and thus has a great influence on the piece and distribution.

Therefore, in this situation, at the profit-maximizing output level, the monopolist's profit would be when the marginal cost equals the marginal revenue.

Cutco is a manufacturer of high-end cutlery for the home chef and markets their products through a sister company, Vector Marketing who often contracts with college students who are independent sales representatives for the company. Vector provides free product and sales training to their independent sales representatives and encourages them to take food with them on sales calls such as apples, cucumbers, tomatoes or other fresh produce so that prospective customers can actually use the knives and experience the Cutco difference. In addition, Cutco is relatively famous for their kitchen shears that can cut through a penny and during training, all Vector Marketing representatives are taught how to show the versatility and value of the shears. Which step in the sales process would a Vector Marketing representative have customers use the knives or kitchen shears

Answers

Answer:

demonstration / presentation

Explanation:

generally the sales process is divided into 7 or 8 stages, I personally prefer the 7 stage approach specially for B2C (business to consumer) products:

ProspectingPreparation ApproachPresentation or demonstration depending on the product: e.g. in this case, the marketing representatives show their potential customers how their knifes, forks and other cutlery work. They are demonstrating the differences between using their products vs the competition. Handling objectionsClosingFollow-up

When Mexico and the United States agreed to reduce and eliminate trade barriers, the countries demonstrated which of the following terms?
Economic integration
O Political stability
O Exchange rate
O Direct investment

Answers

Economic interrogation

The Uniform Commercial Code states that any sample or model that is made part of the basis of the bargain creates an express warranty that the whole of the goods will conform to:

Answers

Answer:

description

Explanation:

Uniformity means that all goods are of similar nature, or in case when the goods are meant to  be different, the goods are of quality standards.

This is the basic condition.

The Uniform Commercial Code ensures this above basic principle. Accordingly if there is a sample of a product that means the sample creates a common understanding that all other products are similar, and also that the there is a inbuilt warranty that the whole of the goods are as described and as depicted by the sample.

Another reason fueling the boom in fast-growing technology services is ___________________, which, when done right, can virally spread awareness of a firm with nary a dime of conventional ad spending a. legacy systems

Answers

Answer:

App stores

Explanation:

For the boom in the fast growing technology services, the app stores played an important role for creating an awareness among the audience at a large. Also at the same time it creates a positive impact for an economy, also the transaction cost also falls, there is a less barriers to entry and the rise in the customer trust, loyalty and security

Hence, the correct answer is app stores

Jacobsen Corporation prepares its financial statements applying U.S. GAAP. In its 2018 income statement, Jacobsen would report income from continuing operations of

Answers

Available Options Are:

Jacobson Corporation prepares its financial statement applying US GAAP. During its 2018 fiscal year, the company reported income from continuing operations before tax of $620,000. This amount does not include the following item, which is considered to be material in amount:

Unusual gain of $200,000

Loss on discontinued operations ($300,000)

The company's income tax rate is 40%. In its 2018 income statement.

Jacobson would report income from continuing operations (after tax) of:

A. $312,000.

B. $372,000.

C. $492,000.

D. $620,000.

Answer:

Option C. $492,000

Explanation:

The Total Operating Income is:

Operating Income From Continuing Operation     $620,000

Unusual Gain                                                           $200,000

Total Income                                                             $820,000

The unusual gain will be included in the operating income as it is related to operating income.

The net income from continuing operation will be net of tax which means that:

Net Income after tax = $820,000 * (1 - 40%) = $492,000

A company's chart of accounts is: a detailed list of the accounts that make up the five financial statement elements. the set of journal entries that makes up the components of owners' equity. used for entries that offset other accounts.

Answers

Answer:

A detailed list of the accounts that make up the five financial statement elements.

Explanation:

The company's chart of accounts is the listing of all the accounts that the company has included as part of the five financial statement elements during a specific period of time.

The five financial statement elements are: assets, liabilities, equity (part of the balance sheet), expenses and revenues (part of the income statement).

Examples of accounts that can be part of a firm's chart of accounts are: land (asset), cash (asset), notes payable (liabilities), outstanding stock (equity), operating expenses (expenses), and sales revenue (revenues).

The chart of accounts can differ greatly from company to company simply because companies engage in vastly different economic activities.

How has private enterprise strengthened the united states economy?

Answers

Answer:

to generate prosperity and produce goods and services that meet people's needs and improve their lives.

Explanation:

Because businesses cannot outgrow the economy of their communities

Comparative advantage is the ability to produce: Multiple Choice more of a good than others with a given amount of resources. relatively more than any other good with a given amount of resources. a good or service at a lower opportunity cost than others. more of a good at a lower cost.

Answers

Answer:

a good or service at a lower opportunity cost than others.

Explanation:

A country has a comparative advantage in production if it produces at a lower opportunity cost when compared to other countries.

For example :

there are two countries , A and B

A produces 10 kg of rice and 5 kg of beans.

B produces 5 kg of rice and 10 kg of beans

the opportunity cost of A :

in producing rice = 5/10 = 0.5

In producing beans = 10/5 = 2

the opportunity cost of B :

in producing rice = 10/5 = 2

In producing beans = 5/10 = 0.5

A has a lower opportunity cost and a comparative advantage in the production of rice.

B has a lower opportunity cost and a comparative advantage in the production of beans.

The threat of new competitors will enter your market is _________ when entry is easy and _________ when there are significant barriers to entry.

Answers

Answer:

higher

lower

Explanation:

The easier it is to enter a market the higher the threat of new competitors and the more difficult it is to enter a market, the lower the threat of new competitors.

For example, it is pretty easy to set up a lemonade stand as the cost of doing so is quite low. So, it is easier for anyone to decide to set up a lemonade stand. So, we can say it is easy to enter the lemonade market and the threat of new competitors is high.

On the other hand, a research lab that produces medicine is pretty difficult to enter. the cost of setting up a lab is high, in addition one has to be approved by the government. so, it is difficult to enter this market and the threat of new competitors is low.

Identify a true statement about planning. a. It involves deciding where decisions will be made. b. It is the process of monitoring progress toward goal achievement. c. It involves inspiring and motivating workers to work hard to achieve organizational goals. d. It encourages employees to engage in behaviors directly related to goal accomplishment.

Answers

Answer:

a. It involves deciding where decisions will be made

Explanation:

Planning is carried out by businesses to chart a way for achieving its business objectives.

It involves defining goals and focusing on a company's future direction.

Decisions on actions and resource use necessary to meet these goals are outlined.

In essence planning is deciding in advance what is to be done, when it should be done, how it is going to be done, and who is responsible to do it.

A schedule of activities are seen up stating specific actions and time frames from achieving each step.

If the quantity demanded at a price of $10 is 2,000 and the quantity demanded at a price of $8 is 2,400, a price-discriminating monopolist would want to:

Answers

Answer:

D. sell 2.000 units for $10 each and then sell an additional 400 units for $8 each

Explanation:

Since in the question it is mentioned that

Quantity demanded is 2,000 at a price of $10

And, the other case is

Quantity demanded is 2,400 at a price of $8

So here we can conclude that

The quantity demanded of 2,000 would be at a price of $10

And, the additional units i.e. 400 (2,400 - 2,000) would be at a price of $8

Therefore the correct option is d.

A large hospital is having a hard time keeping track of patients’ needs as they move among doctors, pharmacies, blood labs, and nursing stations. What is the best solution an IT professional could recommend to help?

Answers

Answer:

Give the patients RFID tags to identify their medical records

Explanation:

Radio-Frequency Identification (RFID) identifies, automatically, tracking tags assigned to objects through electromagnetic fields sent, actively or passively by the tags attached to the object.

The RFID tag sends wireless digital data giving the identification number in response to interrogatory electromagnetic signal emitted by a RFID reader device that is in range

The identification number can then be translated to give the complete specification of concerning the tag

As such a patient putting in the tag, automatically opens up is medical record as he moves from doctors to blood labs to pharmacies within the same hospital.

Answer:

Give patients RFID tags to identify their medical records.

Explanation:

i took the review and got it right hope this helps ∞UwO∞

Net income is ______. (Check all that apply.) expenses minus revenues assets minus liabilities assets plus liabilities revenues minus expenses net earnings equal to the company's cash balance

Answers

Answer:

The correct option is;

Revenues minus expenses

Explanation:

The Net Income (NI), of a business is calculated by first calculating the company's total revenue, then deducting from the calculated company's total revenue, the following items to find the earnings before tax;

1) Operating costs

2) Business expenses

3) Operating costs

The net income is then found by deducting the tax from the calculated net earnings.

The Net Income is also known as the bottom line of the business as it comes at the bottom line after subtracting the expenses, interests,  taxes, from the total revenue.

On Saturday morning, you rank your choices for activities, from most preferred to least preferred, in the following order: go to the library, work out at the gym, have breakfast with friends, and sleep late. Suppose you decide to go to the library. Your opportunity cost is

Answers

Answer: Work out at the gym

Explanation:

Opportunity cost of a decision is the next best alternative that would have been picked if the current decision wasn't made. For example suppose you would either eat chips or meat and you chose to eat meat. The chips are an opportunity cost of the meat.

In the same vein, the opportunity cost of going to library would be your next best (preferred) activity which in this case would be to work out at the gym.

In order words when you go to the library, you are giving up a chance to go to the gym.

A _____ is used for goods that must be produced at a specific site or that are so large and bulky that it isn't feasible to move them from station to station.

Answers

Answer:

fixed position

Explanation:

A fixed position layout is where a product to be produced remains in a certain spot or location but the workers needed to work on the product , including machinery are moved to the place where the product is to be produced as at when required. This is because there may be limited space at the project site, hence component parts of the product to be manufactured are then coupled at other site and taken to the product site.

An example of fixed layout is the construction of dams, shipbuilding, buildings etc. A fixed position layout is most suited for heavy and fragile products.

The sensitivity of "realized" domestic currency values of the firm's contractual cash flows denominated in foreign currency to unexpected changes in the exchange rate is

Answers

Answer: Transaction exposure

Explanation:

Transaction exposure is simply the sensitivity of "realized" domestic currency values of the firm's contractual cash flows denominated in foreign currency to unexpected changes in the exchange rate.

Transaction exposure shows the uncertainty level that is faced by a business that is involved in international trade. It is regarded as the risk that there'll be fluctuation in the exchange rates will when a firm undertakes a financial obligation.

"a perfectly competitive market. The firm will stay in the market in the long run only if the market price is greater than or equal to"

Answers

Answer:

$10 for 200 units which means $0.05 per unit.

Explanation:

The firm will only survive in a perfectly competitive market if its average cost is at minimum level which we can see in the figure. The lowest average cost is $10 for 200 units which means average cost per unit is $0.05 per unit. At this stage the company will be able to produce higher profits because its average cost per unit is at minimum level.

A(n) ______ is a transaction in which the agreement between two parties is specifically stated, whether orally or in writing.

Answers

Answer:

Express contract

Explanation:

An express contract is one that is formed when the parties agree to the terms of the contract in writing or orally as at the time the contract is made.

The elements of a contract are clearly stated during the agreement. That is the offer, acceptance, and consideration.

Examples of express contract are real estate contract and employment contract.

On the other hand implied contract are those that are not based on a written contract. For example if a person purchases a television it is expected to power on. This is an implied contract and of the television does not power on the buyer can sue the seller for breach of contract.

While using LEAN to complete an enrollment application with a consumer, Agent Jeff learns the consumer does not have an email address. What should Jeff do

Answers

Answer:

Either create a new email for the customer or leave it blank

Explanation:

LEAN which is an acronym of Landmark Electronic Application Navigator is an application by UnitedHealthcare, which is utilized for their enrollment application process. It is built to aids all forms of Medicare Products and Plans.

However, according to the rules and guidelines in its application enrollment, if a consumer does not have an email address, then agent is not allowed to use another personal email address instead, but rather, leave it blank, or quickly create a new email to be used for the consumer.

A holistic lifecycle for developing security architecture that begins with assessing business requirements and subsequently creating a ‘chain of traceability’ through phases of strategy, concept, design, implementation and metrics is characteristic of which of the following frameworks?

a. Zachman
b. SABSA
c. ISO 27000
d. TOGAF

Answers

Answer:

SABSA

Explanation:

Sherwood applied business security architecture (SABSA) is a body that provides enterprise security and and service management for the administration of network security experts. It helps in achieving completeness and justification of all the components of enterprise security architecture and also aid the objectivity of security architecture.

It supports the development security architecture by firstly assessing the business requirement and subsequently creating a chain of traceability through phases of strategy , design , implementation and metrics

A coupon bond that pays interest of $54 annually has a par value of $1,000, matures in 5 years, and is selling today at a $73.75 discount from par value. The current yield on this bond is _________.

Answers

Answer:

The current yield on this bond is 7.21 %.

Explanation:

The yield of the bond, YTM can be determined using a financial calculator as follows :

Pv = $1,000 - $73.75 = - $926.25

Pmt = $54

n = 5

p/yr = 1

Fv = $1,000

YTM = ?

Using a Financial Calculator, the yield of the bond, YTM is 7.2088 or 7.21 %

Guillaume has persuaded Valve to support development of a new game. He has a vision of a tile-based game. His six employees are technical experts in game design and will follow his vision. He needs their expertise and creativity in working out the interactions and details. Guillaume should take a ________ style of leadership.

Answers

Answer:

autocratic

Explanation:

Autocratic leadership is the leadership in which there is a control of an individual over all the decisions and less input should be from the members n the group.

It made the selection of the choices that depend on the ideas and judgments and do not accept the advice given by the followers

Here the given situation represents the autocratic leadership and the same is to be considered

Under HIPAA, a "disclosure accounting" is required:


A. For all research where the data crosses state lines, otherwise state law applies.

B. For all human subjects research that uses PHI without an authorization from the data subject, except for limited data sets.

C. Solely at the principal investigator's discretion.

D. For all human subjects research that uses PHI.

Answers

Answer:

B. For all human subjects research that uses PHI without an authorization from the data subject, except for limited data sets.

Explanation:

According to Health Insurance Portability and Accountability Act, HIPAA, Disclosure Accounting is a term that describes a form of the accounting process which includes revealing any incident that had an effect on financial statements.

However, there are certain instances under HIPPA, disclosure accounting is required, but considering the available option, the correct answer is: "For all human subjects research that uses PHI without an authorization from the data subject, except for limited data sets."

"A consumer wanted to purchase a new computer. However, she used the money to pay her rent instead. In this case, housing is what type of competitor?"

Answers

Answer:

Total budget competitor

Explanation:

Based on the information given we were told that the consumer used the money she was supposed to use to purchased a computer to pay her rent instead because the computer price or amount is within the same price range as the rent amount which makes her to pay for her rent instead of the computer because the rent satisfy her needs which means that the housing is a TOTAL BUDGET COMPETITOR. Furthermore with this type of competitor a person or an individual may desire to go for items, goods or product which are within the same price range with another goods or product that meets their needs because it leads to the satisfaction of similar needs such person desire to have or want .

Example if a person or an individual desire to have a laptop in which the Laptop price or amount is within the same price range as a Tablets that person may decide to go for Tablets instead of Laptop in as far as it satisfy the person needs or want because Laptop and Tablets are similar needs.

Therefore the housing is a TOTAL BUDGET COMPETITOR.

"Your supervisor repeatedly informs you that "Goals without objectives are essentially meaningless." What is the rationale for such a philosophy?"

Answers

Answer:

progress is impossible to track without measurable performance targets.

Explanation:

The rationale for this philosophy is that progress is impossible to track without measurable performance targets. Meaning that without actively keeping track of the progress you make throughout your journey it will continue seeming as though you are not advancing at all towards your end goal. That is why you need objectives or smaller milestones that act as accomplishments and let you know that you are making progress towards achieving the goal that you have been working towards.

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