A management process in which it could be used in determining the workers performance and tasks in doing it more efficiently is called the time and motion study. As this process involves of having to evaluate and asses the workers or the industrial in terms of their efficiency and effectiveness, in which it would likely show and help in determining the worker's performance and how can they do it more efficiently.
I believe the answer is: <span> return on invested capital (ROIC)
</span><span> return on invested capital (ROIC) Represents the amount of return that the company made from their overall invested capital (both from main and side operations). It's calculated by multiplying Net operational margin with capital turnover
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A revised IFE Matrix should focus on changes in the organization's management, marketing, finance and accounting, production and operations, research and development (R&D), and management information systems (MIS) strengths and weaknesses.
<h3><u>
What is management information systems?</u></h3>
- An information system used for decision-making, as well as for the coordination, control, analysis, and visualization of information inside an organization, is known as a management information system (MIS).
- In an organizational setting, people, procedures, and technology are all involved in the study of management information systems.
- The ultimate objective of using a management information system in a corporate environment is to raise the company's value and earnings.
- Enterprise resource planning (ERP), computer science, electrical computer engineering, and information technology management (IT) are all terms that are frequently used interchangeably.
- These include management information system (MIS), information management system (IMS), and information system (IS).
A hierarchical subset of information systems is known as MIS. More organizations are focusing on exploiting information technology to enhance business value, which is where MIS narrows in.
Know more about management information systems with the help of the given link:
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Answer:
The correct answer is: Net Income would be overstated and Balance Sheet liabilities would be understated.
Explanation:
The Income Statement is a report that measures a company's financial performance over a specific accounting period. The Income Statement is also known as the Profit & Loss Statement and Earnings Statement. The Income Statement reflects the company's <em>revenues and expenses</em> during a certain period.
Thus, <em>if deferred interest is not recorded in the Income Statement, the Expenses and Liabilities will be understated and the Net Income would be overstated</em>.
I'm going to assume you mean't to say "command economy"
The cost of a command economy benefits communist societies because the government sets the prices on the goods, what should be produced, and how much of it should be produced.