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- Select the best example of a factor that influences the supply of real estate. The size of the average American household is decreasing. The price of building materials has increased. A major employer is opening a new office. Mortgage interest rates are increasing.25) The operations manager suggests a hike in the prices to improve productivity. However, the marketing manager rules this option out. What could be the possible reason for this? A) The industry is characterized by intense competition. B) Product prices are not related to organizational productivity. C) Selling price is negatively correlated to organizational productivity. D) Such an action would lead to reduced employee satisfaction.Suppose the Tasty Taco Company produces tacos. The number of tacos it can produce each hour depends on the number of workers it hires, as shown in the accompanying table. In addition, each taco can be sold for 50 cents more than the cost of the ingredients needed to produce it. Number of workers per hour Number of tacosper hour 0 0 1 25 2 45 3 60 4 70 5 75 What is the value of the marginal product of the fourth worker hired each hour? Select one: a. $5 b. $35 c. $10 d. $70
- (b) Productivity is related with outputs and inputs. i) List ONE example of outputs and inputs each. ii) Derive the productivity Equation using outputs and inputsThe town in which a large stone company has its headquarters is referred to as Question 1 options: a community. the company's labor force. the company's social conscience. the company's constituency. shareholders.A factory produces 14,000 desk staplers each week. The equipment used costs $50,000 and will remain productive for four years. The labor cost per year is $190,000. a. What is the productivity measure of "units of output per dollar of input" averaged over the four-year period? Assume that there are 52 weeks per year. Round your answer to two decimal places. units of output per dollar input b. We have the option of buying $55,000 of new equipment, with an operating life of seven years. It would reduce labor costs to $124,000 per year. Should we consider purchasing this equipment (using productivity arguments alone)? Assume that there are 52 weeks per year. Round your answer for productivity to two decimal places. For the newer machine, the productivity is -Select-, it would be a-Select- investment. -Select- higher lower units of output per dollar input. Because the productivity of the new machine is
- Q1. In a _________ layout, a manufacturer arranges workers and equipment according to the sequence of operations. a. process b. product or line c. fixed position d. functionalQ2. One important characteristic of Web surfers is that they are patient. a. true b. falseQ3. When financing a business startup with angel financing, entrepreneurs should remember that: a. angels are most likely to finance startups in the $5 to $10 million range. b. angels are willing to wait no more than two years to “cash out” their investments and expect to earn at least 60 to 75 percent returns annually. c. angels usually invest their money locally, so it is wise to look close to home for them – usually within a 50-to 100-mile radius. d. All of the above.Q4. When a speaker sends conflicting verbal and nonverbal messages, listeners are most likely to believe a. the verbal message b. the nonverbal message c. neither one d. none of the above.Q5. The average success rate of joint ventures is…A company is able to produce 2,350 units of product A monthly. This level of production requires spending $1,000 on labor, $520 on materials, and $2,000 on overhead expenses. Calculate the multifactor productivity. Assuming the company can increase its production to 2,850 units, following an increase of materials expenses to $960, and labor expenses to 1,240. Is it worthy to increase the production level? Justify.Consider a small island country whose only industry is fishing. The following table shows information about the small economy in two different years. Complete the table by calculating physical capital per worker as well as labor productivity. Year Physical Capital (Fishing poles) Labor Force (Workers) Physical Capital per Worker (Fishing poles) Labor Hours (Hours) Output (Fish) Labor Productivity (Fish per hour of labor) 2016 160 40 2,000 20,000 2017 180 60 3,900 29,250 Based on your calculations, (a. an increase, b. a decrease) in physical capital per worker from 2016 to 2017 is associated with (a. an increase, b. a decrease) in labor productivity from 2016 to 2017. Suppose you're in charge of establishing economic policy for this small island country. Which of the following policies would lead to greater productivity in the fishing industry? Check all that apply. ___ Subsidizing research and development into new…
- Environmental sources are Question 2Answer a. the gross production value of the world’s goods and services b. resources provided by nature that can be allocated unit by unit c. None of the statements are true d. the maintenance of the productivity of natural, produced, and human assets to the next generationSuppose you are a logistic manager in an industrial firm producing cars. What changes do you think there will be in the next decade about this industry from logistic point view?1. WHICH OF THE FOLLOWING ARE CONNECTED WITH TECHNOLOGICAL FACTORS? A. AUTOMATION B. TAX POLICY C. INTERNET D. AUTOMATION AND INTERNET 2. IT IS USED TO IDENTIFY AND ASSESS EXTERNAL FACTORS. A. COMPANY SCANNING B. ENVIRONMENTAL SCANNING C. CUSTOMER SCANNING D. BONE SCANNING 3. IT REFERS TO THE FORCES CLOSELY INFLUENCING THE COMPANY AND DIRECTLY AFFECTING THE ORGANIZATION'S RELATIONSHIPS. A. MACRO-ENVIRONMENT B. MICRO-ENVIRONMENT C. FIRM'S ENVIRONMENT D. CUSTOMER'S 4. IT IS NOT NECESSARY TO EXAMINE THE VARIOUS ENVIRONMENTAL FACTORS THAT HAVE INFLUENCED THE EXPANSION OF COUNTRY'S SERVICE INDUSTRY A. TRUE B. FALSE 5. LBC AND J&T ARE EXAMPLES OF WHAT TYPE OF MARKETING INTERMEDIARIES? A. DISTRIBUTION CHANNEL B. LOGISTICS FIRM C. MARKETING SERVICE FIRMS D. FINANCIAL INTERMEDIARIES