The division of labor inside an organization is called process specialization. "Process Specialization" refers to the division of a community's complete work-in-progress into distinct processes and the assignment of distinct individuals to each process.
What is the division of labor?The splitting of a work process into a set of tasks, each of which is carried out by a different person or group of people, is known as the division of labor. It is most commonly used in mass manufacturing processes and is one of the main organizational principles of the production line.
By dividing a complex production activity into many, or many, smaller ones, division of labor integrates specialization and subtask division. The importance of the division of labor in economics stems from the fact that it allows a given number of people to create significantly more output than they could if they were all working independently.
Learn more about the division of labor, from:
brainly.com/question/24691008
#SPJ2
________ is the centralized policy-based management of all information required for access to corporate systems by people, machines, programs, or other resources.
a. meta-directory service
b. identity management
c. meta-identity management
d. directory service
Answer:
The answer would be b) identity management
Explanation:
Identity management is used to authenticate users and to determine if they are authorized to access specific systems. Identity management operates by linking user rights and constraints with recognized identities. Identity management ensures that only authorized users can access to organizational systems while those without access are restricted.
Transfer payments are not included in gdp calculations because
Transfer payments are not included in GDP calculations because they do not represent the production of goods or services, but are simply a redistribution of funds from one group to another. GDP is a measure of actual economic activity, not wealth redistribution.
Explanation:Transfer payments are not included in GDP calculations because they do not represent production of new goods or services. They are just re-allocations of money from one group (taxpayers) to another group (recipients). GDP, or Gross Domestic Product, is a measure of economic activity within a country. It includes all goods and services produced for market in an economy, including wages of workers and profits of businesses. However, transfer payments such as social security, unemployment benefits, and welfare payments are not included because they do not result from a new product being created or a service being performed.
For example, if a person receives $500 in unemployment benefits, this does not mean that the individual has produced $500 worth of goods or services. Rather, these benefits are a form of government redistribution, moving money from general taxes to individuals.
GDP is focused on tracking actual production and economic activity, not the redistribution of wealth or income. That is why transfer payments are not counted in GDP calculations.
Learn more about Transfer Payments and GDP here:https://brainly.com/question/31456183
#SPJ6
Labor force is the total number of workers both the employed and the unemployed
a. True
b. False
Firms pursuing a differentiation strategy primarily seek to
Firms pursuing a differentiation strategy primarily seek to create higher customer perceived value than the value competitors create. The correct answer is option D.
Differentiation strategy focuses on offering unique products or services that stand out from competitors, which can justify a premium price. This approach aims to meet specific customer needs better than competitors, enhancing customer loyalty and brand reputation.
Key Elements of Differentiation:
Unique Features: Products often include innovative features, superior quality, or exceptional service that competitors do not offer.Customer Experience: Emphasizes enhancing the overall customer experience, from the purchasing process to after-sales support, to create a distinct value proposition.The complete question is:
Firms pursuing a differentiation strategy primarily seek to:
A) Keep their cost structures lower than that of the cost leader.
B) Reduce the value gap to gain a competitive advantage.
C) Provide products that are a direct imitation of the competitors’ products
D) Create higher customer perceived value that the value competitors create.
A _____________ allows a person to borrow on the paid-up value of a home. question 11 options:
a.conventional mortgage
b.vendor-take-back mortgage
c.home equity line of credit
d.split mortgage
Data gathered from trade journals, the census bureau, and specialized research firms is considered to be _____ data.
Answer:
The answer is Secondary Data.
Explanation:
Data gathered from the trade journals, the census bureau and specialized research firms is considered to be the Secondary Data.
There are two types of data that are used in any research project. One is Primary data and the other is Secondary data. The data that is collected for only for the current research purpose is know as the first or the primary data. The data used in the project which is gathered for some other research project but can be used in this project as well, is know as the Secondary Data.
Mr. gonzales wants to help fellow farmers in his community, but he is not interested in making a personal profit. his main goal is to join with other farmers so they can have better bargaining power when purchasing supplies.
The term structure of interest rates is influenced by
Which of the following indicates areas where heat is lost in a building’s envelope?
cracks and doors
walls and molding
windows and walls
windows and doors
The role of profits in the model of perfect competition is to
a. determine which firm is the best firm in the industry.
b. make it worthwhile for people to invest in the company.
c. set the optimal price.
d. signal entrepreneurs to enter the industry.
At nick's bakery, the cost to make homemade chocolate cake is $3 per cake. as a result of selling three cakes, nick experiences a producer surplus in the amount of $19.50. nick must be selling his cakes for
When choosing which foreign country to enter, a country will be less appealing when?
To derive net domestic product (ndp) from gross domestic product (gdp), we must subtract ________________ from gdp.
Answer:
Depreciation
Explanation:
To derive net domestic product ( NDP ) from gross domestic product ( GDP ) you will have to subtract the depreciation from the GDP.
NDP is used to account for the capital that was consumed by the people over the year in the form of basic amenities like housing and liabilities like automobiles and other form of accessories and to calculate this we will have to remove the depreciation value of this consumed goods from the gross domestic product of the country over the same year. while GDP is the overall market values of goods and services produced usually within a year.
depreciation is the reduction in value of goods and services or the reduction in value of an good bought over time due to certain conditions like wear and tear.
Many people over 50 join the aarp (american association of retired persons) in order to enjoy the discounts provided to its members. this is an example of which type of incentive?
Total cost of each activity divided by the total activity is the computation of
Dividing a stock's current price per share by the issuing company's earnings per share results in
A specific job title would be an example of a keyword
Answer:
T
Explanation:
3. If the typical balance on Lucy's credit card is $650 and the interest rate (APR) on her credit card is 18%, how much in interest would you expect Lucy to be charged in a typical month?
About $80.86
About $9.75
About $14.15
About $6.67
About $51.74
Firms that operate internationally are able to:
a. expand the market for their domestic products
b. realize location economies by dispersing individual value creation activities to areas where they can be performed most efficiently and effectively.
c. realize greater cost economies from experience effects
d. earn greater return by leveraging valuable skills
e. all of the above
Cognitively selecting sorting and organizing sensory information is called
What insurance protects the value of your belongings
Answer:
property
Explanation:
You are the county commissioner of hazard county. jeb brings a complaint before you that dwight's hog farm is creating a terrible odor. your first instinct is to tell the neighbors to work it out among themselves. the
The Coase Theorem supports private bargaining for externalities if property rights are clear. However, as more neighbors join, successful negotiation becomes harder due to increased transaction costs, often requiring government intervention for collective concerns.
The Coase Theorem supports the idea that private bargaining can resolve externalities, like the odor from Dwight's hog farm. It suggests that if property rights are well-defined, bargaining among affected parties can lead to an efficient outcome.
In this case, if Jeb has a recognized right to clean air, he could negotiate with Dwight to mitigate the odor issue. However, as more neighbors express similar complaints, private bargaining becomes challenging.
The theorem highlights that while private bargaining can solve issues when property rights are clear and parties are few, it becomes less effective when multiple stakeholders are affected, often necessitating government intervention.
complete the question
You are the County Commissioner of Hazard County. Jeb brings a complaint before you that Dwight's hog farm is creating a terrible odor.
Your first instinct is to tell the neighbors to work it out among themselves. The ______ (coase theorem or laffer curve or ricardo conjecture))provides theoretical support for private bargaining as an effective approach to______(externalize the surplus or internalize the exernality or treat all parties fairly with surplus).
Jim Walton perform services on credit for $2450 a debit for this transaction should be recorded to?
A. Accounts receivable
B. Cash
C. Revenue
D. Accounts payable
Need answer ASAP!!!
This is a process in which a company buys out or merged with competing companies.
Aromatic wines are known as ________, which generally are consumed before meals as a digestive stimulant.
How is a line of credit different from a loan?
Bill owns a company (Bill's Gates) that manufactures fence panels. Bill's Gates had a gross profit margin last quarter of 33%. Which of the following actions would allow Bill to increase his gross profit margin this quarter, assuming he sells the same number of fence panels?
A. Increase the price per panel.
B. Decrease the price per panel.
C. Spend more on labor and production.
D. Spend less on labor and production.
The action undertaken by Bill to increase his gross profit margin this quarter, assuming he sells the same number of fence panels is to Increase the price per panel. Thus, option A is correct.
What is Gross Profit Margin?The gross profit margin indicates how much money your company generated after deducting the actual costs of conducting business, which might include labor, materials, and other direct production costs. It is one of three primary profitability measures, along with the operating profit margin and net profit margin.
Price increase: If he sells the same amount of fence panels, his profit margin WILL GO UP because his revenue will go up.
He has a fence panel manufacturing firm called Bill's Gates. Last quarter, Bill Gates' gross profit margin was 33%. Bill's approach this quarter to enhance his gross profit margin, assuming he sells the same amount of fence panels, is to raise the price per panel. As a result, option A is correct.
Learn more about Gross Profit Margin here:
https://brainly.com/question/16999019
#SPJ7
A ____ is a product that consists of primarily intangible attributes
If a software package is purchased, consider a _____, which offers additional support and assistance from the vendor.
Subchapter S corporations often do business in foreign countries.
True
False
Answer:
that is easy
Explanation:
its false