Organizations tend to focus on the creation of one type of value but not both because organizations do believe that the social value created by any organization has equal importance as their economic value. Due to this organizations believe that the creation of any value either the social value or economic value is enough.
Social value means the enhancement of the people and their lives by the combination of different resources.
Economic value means the creation of money or value in any economy by the organization.
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The value added is 0, because if we added the value they spend on sugar and the other supplies and etc. it will be $1,000
Answer:
6,750 dinner cruise tickets
Explanation:
The computation of the break even point in units is shown below:
= (Fixed expenses + target profit) ÷ (Contribution margin per unit)
where,
Contribution margin per unit = Selling price per unit - Variable expense per unit
So, the contribution margin per unit is
= $80 - $40
= $40
And, the fixed expenses is $240,000
And, the target operating income is $30,000
So, the target sales in units is
= ($240,000 + $30,000) ÷ ($40)
= 6,750 dinner cruise tickets
Answer:
The correct answer is letter "D": incorrect because all inputs are varied in the example.
Explanation:
The law of Diminishing Marginal Productivity states that increasing one variable will keep the others the same. My initially increase output but eventually adding more of that one variable may lead to a diminishing rate of return. The law helps explain why increasing production is not always the best way to increase profits.
The law of Diminishing Marginal Productivity only applies when certain inputs are fixed, but in this example, the amount of labor available varies since it is increasing.
The primary responsibility of oversight bodies (such as an IRB or IACUC) is to assess legal-regulatory compliance, and if applicable, to protect research subjects.
Responsibility can also be used to describe Group responsibility. societal accountability for businesses. Duty. obligation to pay.
Being responsible entails carrying out your obligations and accepting the consequences of your decisions. A duty is something you are required to do. Being responsible means carrying out your obligations. Taking ownership of your actions means accepting both the credit and the blame for what you have done.
Three Categories of Responsibilities Every Business Owner Must Fulfil
- environmental obligations.
Responsibility is crucial because it gives people a feeling of purpose and helps society develop resilience in the face of hardship. Like an addiction, avoiding responsibilities may feel wonderful in the short run, but it results in misery and suffering that is tenfold worse in the long run.
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