Emphasizing labor productivity in labor-intensive environments is not among the chief reasons organizations fail.
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Explanation:</u></h3>
Labor intensive production technique involves the usage of higher amount of labor for the production of goods and services. Here the other factors of production such as capital is used less compared to labor. When we are in a need of producing goods or services only at a small scale then we can opt for the Labor-intensive means of production.
For those organisation that has an environment to be of labor intensive then the process of using labor productivity will be appreciated for the success of the organisation. Focusing on the financial performance in short-term basis, over emphasis on the design of the product, poor communication in the internal organisation,not investing in capital and human resources are the reasons for the failure of many organisation.
Answer:
a. $162,000 decrease
Explanation:
Sales $540,000
(2700 unit * $200)
Less:
Direct materials $172,800
(2700 unit * 64)
Direct labor $91,800
(2,700 unit * $34)
Variable manufacturing overhead $118,800
(2700 unit * $44)
Contribution loss from existing sale <u>$318,600</u> <u>$702,000</u>
2700 unit * ($260-$64-$34-$44)
Effect on Net operating income <u>-$162,000</u>
Answer:
We need to know if the price level is changing or not.
Explanation:
If the economy is at the potential output and the quantity of aggregate output supplied increases, we need to know if this increase is because of an increase in the price level.
If the aggregate price level is increasing then there will be a movement on the SRAS curve. If the increase in quantity supplied is because of a rightward shift in the LRAS curve, the price level will remain the same.
Also, if the quantity supplied goes back to its original level, in the long run, it implies that the increase in output was because of a short run movement.
Practice working with others even if you don't fell comfortable with this person, or necessarily like them at all.
Answer:
Not enough information
Explanation:
from this question, this mayor has only given us the estimated proportion of the rate of unemployment for these months. In order to know if it is significant or not, we have to carry out other tests such as the hypothesis testing for the population proportion. But here we do not have any sample data or population data with which we can use to test this significance. The sample size is unknown so we cannot proceed to test if the claim is significant or not.