In which sourcing category would the following items typically be classified? --Item A is high value, low risk, and there are multiple potential suppliers. --Item B is low value, high risk, and there are a small number of alternative suppliers. --Item C is high value, high risk, and there are few suppliers, but they are excellent. --Item D is low value, low risk, and there are lots of potential suppliers.
Answers
When classifying the following items by sourcing categories, the items can be classified as follows:
Item A is high value and low risk, and there are multiple potential suppliers. This item is best classified under the strategic sourcing category.
Strategic sourcing is a procurement process that constantly reviews and improves the procurement activities of a business. It aims to identify opportunities and the best suppliers that meet a company's long-term goals.
Item B is low value and high risk, and there are a small number of alternative suppliers. This item is best classified under the bottleneck sourcing category.
Bottleneck sourcing is a sourcing strategy that helps overcome the risks associated with specific suppliers or supply chains. It focuses on finding new or backup suppliers to ensure continuity of supply.
Item C is high value and high risk, and there are few suppliers, but they are excellent. This item is best classified under the preferred sourcing category.
The preferred sourcing category is used for sourcing goods and services from a few high-quality, low-risk suppliers. It's a good idea to have several preferred suppliers to keep the competition in check.
Item D is low value and low risk, and there are lots of potential suppliers. This item is best classified under the tactical sourcing category.
Tactical sourcing is the process of purchasing goods and services to meet a company's immediate needs. It's a fast and efficient way to purchase goods and services that a company needs to operate.
to know more about sourcing categories refer here:
https://brainly.com/question/29025649#
#SPJ11
Related Questions
Anya recently graduated and has just started a job at a large company. She had to take out many student loans to cover the cost of her tuition expenses, and though she is earning money, she is prioritizing paying off her loans as quickly as possible. The company's end-of-year holiday party is quickly approaching and Anya has nothing appropriate to wear. Anya’s friend Mariana provides advice: “Purchase a dress from a large department store a few days prior to the party. Wear the dress to the end-of-year party (without taking the tags off) - but be careful not to spill anything on it. After the party, return the dress to the store and explain to them that it doesn’t fit you. Their return policy will mean they’ll refund your money and it won’t hurt the company as they’ll be able to re-sell the dress.” Anya has heard how important the office party is, and really wants to impress her bosses.
What do you think Anya should do? Why? What are the pros and cons of doing so?
Answers
Anya uses her smartness and cost effective technique to save money as she is making proper strategy before deciding to invest in anything.
The technique to save money here and replace and return clothes is the example of cost effective technique that defines how effectively and efficiently one can utilize their resources and save the investment of money.
A strategy is something that would be required to make the plan work and take it into the action so that the best outcome is achieved by anyone applying it.
To learn more about cost effective technique here,
https://brainly.com/question/14287321
#SPJ1
kindly assist with research
my topic
The newly implemented e-payslip is not inclusive to all employees of the government.
what is the problem?
why is it the problem?
3 things that should be done to solve the problem?
Answers
The problem in the topic is the newly implemented e-payslip is not inclusive to all employees of the government. The reason why this is a problem is because it can cause dissatisfaction and confusion among employees who do not have access to the e-payslip.
Also, the e-payslip system may not be accessible or user-friendly for all employees who are supposed to use it.
Here are three things that should be done to solve the problem:
1. Conduct research: Research should be conducted to find out which employees are not included in the e-payslip system and why. This can help identify any technical or logistical problems that may be preventing some employees from using the system.
2. Increase accessibility: Steps should be taken to increase the accessibility of the e-payslip system so that all employees can use it. This may involve providing training and support to employees who are not familiar with using digital systems.
3.Improve communication:
Clear communication should be provided to all employees about the e-payslip system, including how to access it, how to use it, and how it benefits them. This can help address any confusion or dissatisfaction among employees who are not currently using the system.
To know more about e-payslip please check the following link
https://brainly.com/question/2838983
#SPJ11
the annual report is very important for investors, because the information contained in the annual report: a. helps investors forecast expected earnings and dividends b. shows the prices at which each investor purchased the company's stocks and bonds
Answers
The annual report is very important for investors, because the information contained in the annual report: a. helps investors forecast expected earnings and dividends.
What is annual report?
Annual reports are in-depth publications created to enlighten readers about a company's performance over the previous year.
The reports include information like highlights of the performance, a letter from the CEO, financial data, and aims and goals for the next years.
Annual reports have various users, including shareholders and potential investors, staff members, and clients.
Readers may find a wealth of information in annual reports, which also give a solid picture of the company's overall performance during the previous year. It's crucial to remember that many annual reports don't follow the standard format of having a lot of text; instead, many businesses frequently include a lot of graphics and photographs, creating a visually appealing document.
To study more about Annual reports
https://brainly.com/question/29316035
#SPJ4
FILL IN THE BLANK. when a country's risk-free rate rises, the cost of equity to an mnc in that country _____, and the cost of debt to an mnc in that country ____, other things held constant.
Answers
When a country's risk-free rate rises, the cost of equity to an MNC in that country increases, and the cost of debt to an MNC in that country also increases, other things held constant.
The risk-free rate is the rate of return an investor can earn from an investment that carries no risk. It serves as a benchmark for the cost of equity and debt capital in a country. A rise in the risk-free rate indicates an increase in the opportunity cost of investing in a risky asset, such as equity or debt. This means that investors demand a higher return to compensate for the increased risk. As a result, the cost of equity and debt capital increases for MNCs operating in that country, which can affect their investment decisions and capital structure.
To learn more about equity click here : brainly.com/question/21865758
#SPJ11
4. What competitive structure features pricing that is determined entirely through the laws of supply and demand and requires t
Moderate competition
Perfect competition
Monopolistic competition
Direct competition
Answers
Pricing is not determined by supply and demand forces in monopolistic competition. Companies set the prices for their distinctly different yet similarly priced items. The answer is option (c).
What is monopolistic competition?When a large number of businesses provide rival goods or services that are comparable but imperfect alternatives, monopolistic competition develops. A monopolistic competitive economy has minimal entry requirements, and actions made by any one business do not immediately impact those of its rivals.
Consider a market system where there are many businesses and free enterprise entrance and exit, but the goods these businesses produce are not uniform. A market structure like this is referred to as monopolistic competition.
To know more about monopolistic competition, visit:
https://brainly.com/question/30062639
#SPJ1
Pick a Random Company?
I need 2 company names plz help
Yo me and my dad actually got along last night n its been so long sense me and him even talked....
Answers
Answer:
Divine Medince and Medince forest
Explanation:
no matter how mad you or your dad get you need to Cherish each moment with him because one day you will wake up and he won't be there
Which of the following is a benefit of a bank?
A. You can get your cash quickly and easily.
B. A bank is insured by the federal deposit insurance corporation
C. You assets are safe from theft, loss, and fires
D. All the above
Answers
Answer:
D
Explanation:
Answer:
D. All the above
Explanation:
Visit the Web site for a different well-known company, and find the section that lists the company's values. What are the company's values? How do they relate to the products the company sells? Did anything surprise you about the company's values? Why or why not? TIP: If the company's Web site doesn't describe its values, choose a different company. (1-5 sentences
Answers
Visit the Web site for a different well-known company, and find the section that lists the company's values.
I looked through the Microsoft.com company website.
Innovation, diversity and inclusion, CSR, AI, reliable computing, respect, integrity, and accountability are among the core principles highlighted.
Microsoft provides a wide range of goods and services, and all of its values are consistent with the work the business does.
This is not surprising to me because the corporation makes this point in its advertising and other materials.
What are their core values about?Among the mentioned core values are;
Technology can and should be a force for good, and we believe that significant innovation can and will make the world a better place in both large and little ways.
Diversity and inclusiveness are important to our success. To enlighten, challenge, and push our thinking, we draw on the strengths, experiences, and many points of view of our customers and staff.
AI - Our belief is that AI can enhance your talents, free you up to engage in more creative and strategic activities, and assist you or your organization in achieving more when it is created with humans at the heart.
They acknowledge full accountability for all choices, deeds, and outcomes. Therefore, Microsoft provides a wide range of goods and services, and all of its values are consistent with the work the business does.
Learn more about company's values from
https://brainly.com/question/13732928
#SPJ1
A college student could take an elective course that inspires him or her to
study a secondary field, which is caled:
A. a minor.
B. a specification.
C. a specialization.
D. an elective requirement.
Answers
Answer:
it should be A a minor
Explanation:
The primary field of education is called a Major while a secondary one is a minor.
Answer:
A. a minor
Explanation:
somebody who's just a teen
Acme, Inc. had net income of $120,000 in its 1st year and net income of $126,000 in its 2nd year. The percentage increase in net income was ______.
Answers
Answer: 5% increase in net income.
Acme, Inc. had a net income of $120,000 in its 1st year and a net income of $126,000 in its 2nd year. The percentage increase in net income was 5%.
What is net income?Net Income = Total Revenue — Total Expenses.
Net income, also known as total comprehensive income, net earnings, net profit, bottom line, sales profit, or credit sales, in the context of business and accounting refers to an entity's income less cost of goods sold, expenses, depreciation and amortization, interest, and taxes for a given accounting period. It has also been described as the net growth in shareholders' equity that arises from a company's activities.
It is calculated as the residual of all revenues and gains less all costs and losses for the period. Contrary to gross income, which merely deducts the cost of products sold from revenue, this is not the same thing. If you are paid a salary, the annual salary you get from your company equals your yearly gross revenue.
Learn more about net income, here:
https://brainly.com/question/10207673
#SPJ2
What organizational & technical failures led to the data breach
at Equifax? (Please put where you got your sources from, thank
you!)
Answers
The organizational and technical failures that led to the Equifax data breach in 2017 have been extensively discussed and investigated. Sources such as the U.S. House of Representatives Committee on Oversight and Government Reform Report highlight the key failures.
These include the company's failure to patch a known vulnerability in a timely manner, inadequate security practices such as weak passwords and lack of encryption, poor communication and response to the breach, insufficient monitoring and detection systems, and issues with executive leadership and governance.
These failures collectively allowed hackers to exploit vulnerabilities, gain unauthorized access to sensitive data, and compromised the personal information of millions of individuals.
Learn more about Representatives Committee
https://brainly.com/question/16497550
#SPJ11
Consider the market for pens. Suppose that increased medical concerns over lead pencils have led schools to steer away from pencil use in favor of pens. Moreover, the price of plastic, an important input in pen production, has dropped considerably.
On the following graph, labeled Scenario 1, indicate the effect these two events have on the demand for and supply of pens.
True or False: When both the demand and supply curves shift, you can always determine the effect on price and quantity without knowing the magnitude of the shifts.
Answers
Explanation:
Being able to determine the effect on price would have to be circumstantial
What are some examples of companies providing consumers with goods?
Answers
Answer:
is this a multiple choice question?
Explanation:
The idea that any aspect of a culture must be viewed and evaluated within the context of that culture and that no cultural element is good or bad but different is called:
Answers
The idea that any aspect of a culture must be viewed and evaluated within the context of that culture and that no cultural element is good or bad but different is called cultural relativism.
Cultural relativism is a concept in anthropology and sociology that recognizes and respects the diversity of cultures around the world. It emphasizes the understanding that different cultures have their own unique norms, values, beliefs, and practices, which should be evaluated within the context of that specific culture.
According to cultural relativism, there is no universal standard or absolute truth by which to judge or compare different cultures. Instead, cultural relativism encourages individuals to suspend their own cultural biases and to approach the study of other cultures with an open mind and a willingness to understand them on their own terms.
Cultural relativism challenges ethnocentrism, which is the tendency to view one's own culture as superior or more correct than others. It suggests that cultural practices and beliefs should not be automatically labeled as good or bad, right or wrong, but rather seen as different expressions of human diversity.
By adopting a cultural relativistic perspective, individuals can gain insights into the values and customs of other cultures, foster cross-cultural understanding, and avoid imposing their own cultural judgments on others. It is important to note that cultural relativism does not justify or condone actions that violate fundamental human rights; it simply seeks to understand cultural differences in their own context.
Click the below link, to learn more about cultural element:
https://brainly.com/question/14174443
#SPJ11
Factory workers in Russia's 1917 industrial economy embraced the ______ concepts in order to improve their lives. command economy.
Answers
information campaigns about tobacco hazards and taxes on tobacco are two ways to discourage its use. which one causes a movement along the demand curve, without making changes to the demand curve itself? responses a) the information campaign on hazards of tobacco. b) the tax on tobacco products that drives up its price. c) neither cause a decrease in demand
Answers
A change along the demand curve results from an information campaign on harmful tobacco.
The basic goal of an information campaign is to give individuals access to pertinent information. People involved in information campaigns work to raise awareness about a variety of issues, including say no to tobacco use and save the girl child. The method that campaign workers use to disseminate information during a campaign is canvassing (door to door). In order to engage in a personal interaction with a person, a campaigner knocks on their door in this method. These canvassing efforts are carried out for a variety of purposes, including community outreach, political campaigning, and grassroots fundraising. Consequently, canvassing is one of the key components of political campaigns.
learn more about information campaign here:
https://brainly.com/question/27814768
#SPJ4
Madam Shanna plans to buy a new car which cost RM 60,000 from a bank loan with an interest of 9% per year compounded every month. She will be required to pay 10% of down payment first and the balance will be paid by monthly installment for 7 years. Due to the high interest, she seeks help from a cooperative at her workplace. The interest imposed by the cooperative is slightly low which is 6% per year compounded every month. But in order to get a loan from the cooperative, one must become a member first for at least one year. Since she is just become a member, she is only entitling for the loan one year from now. She plans to proceed with the bank loan now and for next year she will continue the loan with the cooperative. The tenure will be for 7 years overall. (i) Calculate how much is the monthly installment to the bank? (ii) Calculate how much is the monthly installment to the cooperative?
Answers
The monthly installment to the bank will be approximately RM 804.78.
The monthly installment to the cooperative will be approximately RM 664.95.
(i) To calculate the monthly installment for the bank loan, we can use the formula for the present value of an annuity. The loan amount is RM 60,000 minus the down payment of 10%, which is RM 6,000.
Loan amount = RM 60,000 - RM 6,000 = RM 54,000
The interest rate is 9% per year, compounded monthly. The loan tenure is 7 years, which means 7 x 12 = 84 months.
Using the formula:
Monthly installment = (Loan amount * Monthly interest rate) / (1 - (1 + Monthly interest rate)^(-Number of months))
First, we need to convert the annual interest rate to a monthly interest rate:
Monthly interest rate = (1 + Annual interest rate)^(1/12) - 1
= (1 + 0.09)^(1/12) - 1
≈ 0.00742
Plugging the values into the formula:
Monthly installment = (RM 54,000 * 0.00742) / (1 - (1 + 0.00742)^(-84))
≈ RM 804.78
Therefore, the monthly installment to the bank will be approximately RM 804.78.
(ii) Since Madam Shanna is only eligible for the cooperative loan one year from now, the loan tenure with the cooperative will be 6 years (7 years - 1 year). The loan amount for the cooperative will be the remaining balance after deducting the down payment and one year of payments made to the bank.
Remaining balance = Loan amount - (Monthly installment * Number of months)
Remaining balance = RM 54,000 - (RM 804.78 * 12)
= RM 43,336.16
The interest rate for the cooperative loan is 6% per year, compounded monthly.
Using the same formula as above with the adjusted values:
Monthly installment = (Remaining balance * Monthly interest rate) / (1 - (1 + Monthly interest rate)^(-Number of months))
Monthly interest rate = (1 + Annual interest rate)^(1/12) - 1
= (1 + 0.06)^(1/12) - 1
≈ 0.00488
Monthly installment = (RM 43,336.16 * 0.00488) / (1 - (1 + 0.00488)^(-72))
≈ RM 664.95
Therefore, the monthly installment to the cooperative will be approximately RM 664.95.
To know more about installment, click here, https://brainly.com/question/24213731
#SPJ11
a public relations professional is spreading the word that an upcoming sporting event will be seen by millions of fans. this will provide many advertising opportunities in the stadium and through the athletes gear.which audience is this hype most aimed toward?
A. potential athletes
B. fans
C. broadcasters
D. sponsors
Answers
A broadcast presenter is the face or voice of programs broadcast thru television, radio and the internet. You will work on a variety of systems inclusive of national, nearby, satellite and cable television, local and countrywide radio and online.
The answer is option A.
Many broadcasters and DJs work in radio and television studios or are self-hired. a few work component-time, and schedules may include early mornings, nights, weekends, and holidays.
Broadcasters - abilities, and skills
talk definitely so listeners can apprehend.read and apprehend paintings-related substances.recognize spoken records.concentrate to others and ask questions.apprehend written statistics.Write simply so other people can apprehend.Learn more about broadcast here: https://brainly.com/question/20603937
#SPJ1
假設你目前正經營一項事業，你預計將在海外開設一個營運據點。 1. 請自行設定你的事業內容，並予以說明。 2. 請自行設定你預計在海外何處開設營運據點，以及營運據點的功能為何（如負責銷售或生產）。請說明你的設定，以及解釋為何選擇在該國設置據點。 3. 請蒐集資料分析在你所選擇的國家設置營運據點，在營運時，可能需要注意的政治風險有哪些，對你的事業可能會產生什麼樣的影響？ ※政治風險包含的層面很廣，包含當地政府對於資金匯回的管制、匯兌管制、對污染及勞工權益的態度、對外國企業的額外賦稅規定、當地消費者的態度（如傾向於買國貨）、當地政府的運作不效率或腐敗，以及戰爭等。
Answers
the question is
Suppose you are currently running a business and you expect to open an operating base overseas. 1. Please set your own business content and explain it. 2. Please set yourself where you plan to open an operation base overseas and what the functions of the operation base are (such as responsible for sales or production). Please explain your settings and explain why you chose to set up a base in this country. 3. Please collect data and analyze the establishment of an operating base in the country of your choice. What are the political risks that you may need to pay attention to when operating, and what impact may it have on your business? ※Political risks include a wide range of levels, including local government's control of fund repatriation, exchange control, attitudes to pollution and labor rights, additional tax regulations for foreign companies, and local consumers' attitudes (such as tending to buy domestic products) , Inefficiency or corruption of local government operations, and wars.
What's the biggest concern people have about mergers?
Question 8 options:
A: They result in a concentration of power, which can lead to monopolies.
B: They lead to the development of generic brands that produce inferior goods.
C: They drive down the cost of labor, leading to greater unemployment.
D: They lead to greater competition and force businesses to cut corners to stay in operation.
Answers
The biggest concern people have about mergers is that they drive down the cost of labor, leading to greater unemployment.
What is a Merger?This is defined as an agreement that unites two existing companies into one new company.
When a merger is done, the new company tries to cut down cost of labour thereby leading to unemployment which is the main concern people have thereby making option C the most appropriate choice.
Read more about Merger here https://brainly.com/question/1086715
Answer: the answer is they "result in a concentration of power, which can lead to monopolies."
Explanation: i just took the test !
Aspirin lab
Based upon the observed results, what can you conclude about the purity of your product?
Answers
A Visual Spectrophotometer may be used to assess the quantity and purity of acetylsalicylic acid in aspirin. This is why: Aspirin creates violet tetraaquosalicylatroiron complex when iron is added to it. Simply expressed, there is an apparent violet color response.
Out of a potential output of 2.52 grams, 2.169 grams of pure aspirin were synthesized in total. Hence, the product yield was 86.07%. Salicylic acid is acetylated to make aspirin less acidic and less harmful to the human body's digestive system.
The United States Pharmacopeia (USP) is responsible for defining medicine standards (6). CgH8O4 content in aspirin tabs must be between 95 and 105 percent of the quantity specified on the label (acetylsalicylic acid). CgH9NO2 has a similar proportion (acetaminophen).
To learn more about aspirin, visit:
https://brainly.com/question/29133232
#SPJ4
Why should a business be concerned with stakeholders?
Answers
Businesses should be concerned with stakeholders because they are the ones that provide the finance for businesses.
What is meant by the term stakeholder?A stakeholder is an individual or a set of individuals who have a stake or shares in a company, they are basically investors.
Stakeholders have an interest in a business, there are several types of customers they are Customers, Employees, Investors, Communities, and Governments.
Learn more about stakeholders here:
https://brainly.com/question/4404879
#SPJ2
how is simple interest different from compound interest?
A. compound interest is not paid on the principal, or initial deposit.
B. simple interest is paid on the original deposit plus any interest earned.
C. compound interest is only paid on the principal, or initial deposit.
D. Simple interest is only paid on the principal, or initial deposit.
Answers
Simple interest is frequently a fixed proportion of the outstanding sum financed or lent or given away over a defined time period. When present value builds up and is then added to the accumulated interest from earlier periods, borrowers are forced to pay duty on principal in addition to principal.
Why is compound interest different from simple interest?On the principal, or original loan amount, of a loan, simple interest is calculated. Since compound interest is computed using that both original and the interest paid from previous periods, it is regularly alluded to as "credit on interest".
How does simple interest differ from compound interest?What separates compound interest from simple interest? Simple interest just takes into account the principal for computing interest charges, but compound interest considers both the outstanding amount and all prior interest charged.
To know more about interest Visit:
https://brainly.com/question/29480777
#SPJ1
In incremental development, an increment is always completed in each iteration. The SDLC development approach taught in the textbook is a variation of the spiral model. The modified waterfall approach requires overlapping phases.
Answers
The modified waterfall approach does allow for some iteration and overlapping, it is still based on the more traditional waterfall model. The spiral model, on the other hand, is a more flexible and iterative approach that is well-suited for complex projects.
Incremental development is an approach to software development where a project is divided into smaller, more manageable portions called increments. Each increment represents a completed and functioning piece of the final product. In an iterative development process, these increments are developed and tested in a series of iterations until the final product is completed.
The spiral model is a popular software development model that is based on iterative development and risk analysis. It involves a series of iterations, each of which consists of planning, designing, building, and testing phases. The spiral model is flexible and allows for changes to be made as the project progresses, making it well-suited for complex projects.
The modified waterfall approach, on the other hand, is a variation of the traditional waterfall model that allows for overlapping phases. Instead of strictly following a sequential process, this approach allows for some degree of flexibility and iteration. This means that different phases can be worked on simultaneously, or overlapping, to speed up the development process.
Overall, while the modified waterfall approach does allow for some iteration and overlapping, it is still based on the more traditional waterfall model. The spiral model, on the other hand, is a more flexible and iterative approach that is well-suited for complex projects.
Learn more about overlapping here
https://brainly.com/question/6270186
#SPJ11
Adirondack Marketing Inc. manufactures two products, A and B. Presently, the company uses a single plantwide factory overhead rate for allocating overhead to products. However, management is considering moving to a multiple department rate system for allocating overhead. Overhead Total Direct Labor Hours DLH per Product A B Painting Dept. $241,200 11,300 2 11 Finishing Dept. 60,900 11,800 3 3 Totals $302,100 23,100 5 14 The single plantwide factory overhead rate for Adirondack Marketing Inc. is
Answers
Answer:
Predetermined manufacturing overhead rate= $17,115.80
Explanation:
Giving the following information:
Overhead Total Direct Labor Hours DLH per Product A B
Painting Dept. $241,200 11,300 2 11
Finishing Dept. 60,900 11,800 3 3
Totals $302,100 23,100 5 14
To calculate the predetermined manufacturing overhead rate we need to use the following formula:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Total direct labor hours= 5 + 14= 19
Total overhead= 302,100 + 23,100= $325,200
Predetermined manufacturing overhead rate= 325,200/19
Predetermined manufacturing overhead rate= $17,115.80
Rising interest rates have made borrowing more costly to consumers. As a result
of the most recent increase in interest rates, borrowing and consumption have
fallen throughout the economy, triggering a contractionary period. Growing
uneasy, citizens have been asking Congress to make an official statement as to
how long this contractionary period is expected to last. Which of the following is
an appropriate response?
Answers
Answer:
it depends on the measures taken to ensure that economy is stable.
Answer:
1. it is difficult to say since contractionary periods have varying lengths in different business cycles.
2. shock
3. high unemployment
4. two
5. expansion stage of the business cycle
Explanation:
just took it
when do diminishing marginal returns occur
Please help!!!!!!!
Answers
Answer:
Diminishing Marginal Returns occur when increasing one unit of production, whilst holding other factors constant – results in lower levels of output. In other words, production starts to become less efficient. For example, a worker may produce 100 units per hour for 40 hours.
Explanation:
Diminishing marginal returns occur when the addition of one more unit of a variable input leads to a decrease in overall output or productivity.
Diminishing marginal returns typically occur when the input of a particular factor of production, such as labor or capital, is increased while keeping other inputs constant. Initially, as more units of the input are added, the output or productivity increases at an increasing rate. This is known as increasing marginal returns.
However, as the input continues to increase beyond a certain point, the additional output gained from each additional unit of input begins to diminish. This means that the increase in output becomes smaller and smaller for each additional unit of input. The law of diminishing marginal returns states that there is a point at which the marginal returns start to diminish.
This phenomenon can be explained by various factors. For instance, when more labor is added to a fixed amount of capital, the workspace may become crowded, leading to inefficiencies and reduced output per worker. Similarly, when more fertilizer is applied to a fixed plot of land, there comes a point where additional fertilizer has a minimal impact on crop yields.
In summary, diminishing marginal returns occur when the addition of one more unit of a variable input leads to a decrease in the overall output or productivity. This happens after a certain point when the marginal returns begin to diminish.
To know more about marginal return here
https://brainly.com/question/3116739
#SPJ6
Someone help me in my homework please?
Answers
Answer:
im sorryi wish i was good at math
Explanation:
im failing math btw
Because of the influence of social marketing, the interaction between producer and consumer has become LESS focused on:_________
a. engaging.
b. listening.
c. understanding.
d. entertaining.
e. influencing.
Answers
Answer: d. Entertaining
Explanation:
Because of the influence of social marketing, the interaction between producer and consumer has become less focused on entertaining.
It should be noted that due to social media, entertainment has reduced between producers and consumers but rather, it has to do with engaging, influencing and listening.
If an error is found when posting to the ledger, how would it be corrected?
Answers
Most time, when an error is found when posting to the ledger, it would be corrected by reversing the incorrect entry and use a second journal entry to record the transaction correctly,
What is a ledger error?In a ledger, the error can be called a wrong posting may be in the forms of posting a wrong amount to a ledger account or posting to the wrong side of an account or double posting.
All these type of errors affect mostly only one side of ledger accounts and they are mostly revealed by the trial balance through disagreement of debit and credit totals.
Read more about ledger
brainly.com/question/28427973
#SPJ1