Increasing the size of a group from 2 to 5 is likely to produce the greatest increase in conformity.
What do you mean by conformity?Conformity is the process through which individuals alter their attitudes, behaviors, beliefs, or perceptions to more closely align with those of the organizations they identify with, aspire to join, or for whose approval they are looking. Conformity has significant social repercussions and is still a topic of active research.Views of conformity have been greatly influenced by two research areas. The social psychologist Muzafer Sherif, who was born in Turkey, showed in a series of investigations conducted in 1935 the ability of social influence to alter how stimuli that are very ambiguous are seen by individuals. The autokinetic effect, a perceptual delusion that happens when people are instructed to focus on a steady point of light in a dark room, was used by Sherif. In certain conditions, individuals notice motion in the light.
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Company: Apple Inc.
Questions:
1. Provide a brief history of the company.
2. What is the company’s mission statement? What are the company’s goals?
3. What is the company’s general environment? What is the company’s task environment? What is the company’s internal environment?
4. How does the company handle corporate social responsibility?
5. Complete a SWOT Analysis for the company.
6. What is the company’s generic strategy (Cost Leadership, Differentiation, Focus)? Does the product life cycle strategy pertain to them? If so, give an example.
7. What is the company’s perspective on diversification (Single-Product, Related, or Unrelated) of their business? If applicable, complete a BCG Matrix for the company.
8. What are some examples of programmed decisions the company makes? What are some examples of non-programmed decisions the company makes?
9. What is the organization’s structure (basic form of an organization)? Do they utilize job specialization, enlargement, or enrichment? If so, how?
10. How do they handle HR issues, such as employee compensation, hiring, etc.?
PLEASE ANSWER FULLY AND PROVIDE THE SOURCES OF WHERE YOU GOT THE INFO FROM IN MLA OR APA FORMAT
Steve Jobs, Steve Wozniak, and Ronald Wayne established Apple Inc. in Cupertino, California on April 1, 1976. The corporation initially concentrated on producing personal computers, such as the Apple II and the Macintosh.
What are low entry barriers and competitiveness?Examples of low entry barriers include the necessity to have customers convert to a new brand without a lot of work or pain. Another example is the need to build a brand in a small market with little competition.
Why are entrance barriers so low?High exit barriers make markets unstable and incapable of self-regulation, which causes significant long-term fluctuations in profit margins. Because these markets are self-regulatory and stable, profit margins do not change much over time.
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Give an example of an official in public service who failed to show probity, and explain your
answer. :
Answer:
The perfect and perhaps most commonly known is former U.S. President Richard Nixon.
Explanation:
Nixon was President of the United States from 1969 to 1974, he was elected for two periods, but he only finished one and less than half the other one. The reason is that he was embroiled in the Watergate scandal: an espionage campaign of the Democratic Party from Republican officials, including Nixon himself.
With these acts, Nixon, as the highest public official in the nation, failed to show probity, and dishonored the office of the president. He was quick to renounce the presidency, and would have faced legal challenges if not for his Vice President, Gerald Ford, who became president as his replacement, and issued him a presidential pardon immediately after.
Summarize how you are feeling about your progress in this course.
State what your expectations are from me going forward
The definition becomes outlined throughout the clarification subsection according to the particular circumstance.
What is definition?
A definition is an explanation of what a phrase means. The two main categories of definitions are intentional definitions and extensional definitions.
The class of ostensive definitions, which communicate a term's meaning through citing examples, is another significant classification of definitions. A phrase may have numerous diverse meanings and senses, necessitating multiple definitions.
A definition in mathematics is used to clarify the meaning of a new term by presenting a circumstance that clearly defines what a mathematical term is and is not.
All of modern mathematics is built upon definitions and axioms as its foundation. Ostensive definition is a crucial variation of extensional definition.
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Joey has opened a restaurant. He paid a large amount of money up front to get the business started. He only sells products that are licensed by someone else. What type of business opportunity is Joey a part of?
Question 9 options:
1: Franchise
2: Dealership
3: Licensing
4: Network marketing
Answer:
Franchise
Explanation:
The answer is FRANCHISE
PLAN8010-Strategic Planning Assignment 1 Senario You are a new marketing assistant at Maggi India. Your manager asks you to pitch some new and innovative product ideas that will maintain brand interest and positioning. This will require you do to a engage in the steps of strategic planning by analyzing market positioning, and determining customers needs and wants through radical empathy. The end result should be approximately 7-10 PowerPoint slides, that; 1. Showcase your ideas 2. Highlight the rationale behind your ideas 3. Show your process. *Follow the step-by-step process and guidance below. About Maggi Maggi is one of the leading food brands under the umbrella of Nestle, offering a wide variety of products categorized into instant noodles, sauces, soups, and seasonings. *This project will require you to do more research. I Process Step 1 (1slide) MIG AL
Here are some new and innovative product ideas for Maggi India
Maggi Instant Noodles with Protein Boost. This new product would be a great way to appeal to health-conscious consumers.
How to explain the informationMaggi Soups with New Flavors. Maggi could introduce new flavors to its soup line to appeal to a wider range of consumers. Some potential new flavors could include tomato basil, chicken noodle, and lentil.
Maggi Seasonings with New Ingredients. Maggi could also introduce new seasonings to its line. Some potential new ingredients could include turmeric, ginger, and garlic. These seasonings could be used to make a variety of dishes, such as rice, vegetables, and meats.
Maggi Ready-to-Eat Meals. Maggi could also introduce a line of ready-to-eat meals. These meals would be made with Maggi ingredients and would be easy to prepare. They would be a great option for busy consumers who don't have a lot of time to cook.
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Give one advantage and one disadvantage for a Market Economy.
Answer:
Advantage: Variety
Disadvantage: Poor work conditions
Explanation:
Morgan is 65 years old and single. He supports his father, who is 90 years old, blind, and has no income. What is Arthur's standard deduction
Answer:
The standard deduction for 2020 for a head of household is $18,650. But if the filer is 65 years old or older, then he/she receives an additional $1,650. Morgan's total standard deduction is $20,300.
Explanation:
Morgan can claim his father as a dependent, and therefore, qualify as head of household.
Arthur's standard deduction will be :
Additional sum of money will be added to Arthur's standard deduction.
Arthur's standard deduction will be the Additional sum of money will be added to Arthur's standard deduction.The taxable income of any taxpayer gets an additional amount added to the tax money that reduces the amount, this is called as the standard deduction. For any taxpayers whose age is 65 or even older can acquire the benefit of additional amount that gets added to their standard deduction.Learn more :
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PLEASE HELP!!!!!!
Type the correct answer in the box.
Spell all words correctly.
George has to present the goals of information management to his team member. What is a goal of information management?
The goal of information management is to identify information requirements for various
levels.
The goal of information leadership is to identify the information needs of various management levels.
The appropriate and optimised capture, storage, retrieval, and use of information is referred to as information management (IM). It could be personal or organisational information management. IM for organisations refers to a cycle of organisational activity that includes the acquisition of data from one or more sources, the custodianship and distribution of that information to those who require it, and its eventual disposal via archiving or deletion.
This information organisation cycle involves a number of stakeholders, including those responsible for ensuring the quality, accessibility, and utility of acquired information; those responsible for its safe storage and disposal; and those who require it for decision making.
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A food worker is serving a peanut free meal to a food allergic customer what should the food worker to do prevent cross contact
From the text, the food worker is encouraged to Wash their hands, and mouth to prevent a cross-contact.
What is a Cross-contact?
Cross-contact is a process of mixing one individual or element with another. Cross-contact happens when one food comes into contact with another food and their proteins mix.
To prevent cross-contact of the food worker's elements with the customer's food, the food worker is encouraged to always wash his or her hands and mouth.
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On December 1, Discount Electronics Ltd. has three DVD players left in stock. All are identical, all are priced to sell at $64. One of the three DVD players left in stock, with serial #1012, was purchased on June 1 at a cost of $40. Another, with serial #1045, was purchased on November 1 for $34. The last player, serial #1056, was purchased on November 30 for $33.
(a) Calculate the cost of goods sold using the FIFO periodic inventory method assuming that two of the three players were sold by the end of December, Discount Electronics' year-end.
(b) If Discount Electronics used the specific identification method instead of the FIFO method, what would Bargain's cost of goods sold be if the company wished to minimize earnings?
If Discount Electronics used the specific identification method instead of the FIFO method, what would Bargain's cost of goods sold be if the company wished to maximize earnings?
a) The cost of goods sold using the FIFO periodic inventory method with two of the three players sold by the end of December, for Discount Electronics, is $74.
b) If Discount Electronics used the specific identification method instead of the FIFO method, the cost of goods sold if the company wished to minimize earnings would be $74.
c) If Discount Electronics used the specific identification method instead of the FIFO method, the cost of goods sold if the company wished to maximize earnings would be $67.
What is the difference between FIFO and Specific Identification inventory methods?FIFO means First-In, First-Out. It is based on the assumption that goods are sold chronologically as they are produced or purchased.
Therefore, the cost of goods sold is based on the cost of the first units bought.
On the other hand, specific identification goes as the name is. Units sold are specifically identified and the cost of goods sold is traced to the specific units.
Dec. 1: The number of DVD players in inventory = 3
Cost of Purchase:
June 1: #1012= $40
Nov. 1: #1045 = $34
Nov. 30: #1056 = $33
Total costs of goods available = $107
a) FIFO periodic inventory:
Cost of goods sold = $74 ($40 + $34)
Ending inventory = $33
b) Specific Identification to minimize earnings:
Cost of goods sold = $74 ($40 + $34)
Ending inventory = $33
c) Specific Identification to maximize earnings:
Cost of goods sold = $67 (34 + $33)
Ending inventory = $40
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is the manager actively involved in the decisions of the public company woolworth?
If Woolworth is a public company, it is mandatory for the manager to have an active participation in taking the important decisions of the company.
What is the significance of a manager?A manager can be referred to or considered as a professional individual who has the responsibility to supervise and preside over the management functions and duties of an organization.
A manager in a public company like Woolworth is under an obligation to take an active participation in the decision-making and management processes of the company.
Therefore, the significance regarding manager of a public company has been aforementioned.
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g What is the bond equivalent yield of a bond if it has 100 days to maturity, a par value of $10,000, and is currently trading at $9720
Answer:
10.51%
Explanation:
The computation of the bond equivalent yield is shown below:
Given that
Par value at redemption = $10,000
Bond price = $9,720
Number of days of maturity = 100 days
Now
Profit of holding this bond = Par value at redemption - Bond purchase price
= $10,000 - $9,720
= $280
Now yield from the 100 days
= profit from holding the bond ÷ Purchase price of the bond
= $280÷ $9,720 × 100
= 2.88
Now the yield annualized is
= 2.88 × 365 days ÷ 100 days
= 10.51%
Gaggle, Inc. and Microhard, Inc., both large publicly held corporations, form a joint venture to develop a new smartphone operating system. Large corporations like this usually form a joint venture for
The question is incomplete:
Gaggle, Inc. and Microhard, Inc., both large publicly held corporations, form a joint venture to develop a new smartphone operating system. Large corporations like this usually form a joint venture for:
-A single transaction or project
-A stated duration of not more than one year
-An implied duration of not more than six months
-A perpetual existence
Answer:
-A single transaction or project
Explanation:
A joint venture is an agreement in which two or more companies share their resources to achieve a specific objective but each business stays as an independent entity. According to this, the answer is that large corporations like this usually form a joint venture for a single transaction or project as the companies maintain their independence and agree to work together for a specific goal or task.
The other options are not right because joint ventures don't have a specifc duration, it depends on the terms establish by the parties and the joint venture will exist for the period of time determined on the agreement.
A company had sales revenue of $900,000 for the year. In addition, the following information is available related to the cost of the units sold: Total purchase cost $ 480,000 Freight charges 10,000 Purchase discounts 25,000 Purchase returns 50,000 Operating expenses 200,000 For what amount would the company report gross profit
¿In two to three sentences, explain why it is important to have insurance.?
Answer:
Explanation:
Insurance protects yourself, your assets, or even your family against financial loss. Oftentimes, events, such as cancer or a car accident, are random and have the potential to financially run people. Insurance is a way to reduce the financial impacts of these risks.
Piels Corporation produces a part that is used in the manufacture of one of its products. The costs associated with the production of 10,000 units of this part are as follows:
Direct materials $ 90,000
Direct labor 130,000
Variable factory overhead 60,000
Fixed factory overhead 140,000
Total costs $420,000
Of the fixed factory overhead costs, $60,000 is avoidable. Conners Company has offered to sell 10,000 units of the same part to Piels Corporation for $36 per unit.
Required:
1. Assuming there is no other use for the facilities, Piels should ___________.
Answer:
It is cheaper to produce
Explanation:
Cost of producing
Direct materials - 90000
Direct labor - 130000
Variable factory overhead - 60000
Fixed factory overhead - 60000
Total cost - 340000
Cost of buying `10000*36 = 360000
Incremental cost of buying = 360000-340000 = $20,000
It is cheaper to produce at 340000/10000 = $34 /unit
In making a decision whether to buy or manufacture , variable cost and the avoidable costs are considered relevant for this purpose
2. The text makes it look as if maximizing output is the goal of society.
a. Is maximizing output the goal of society?
b. If the country is a Christian country, should it be?
c. If not, what should it be? (Religious)
Explanation:
a) Maximizing output might not be the final goal of society, but it is a way of achieving a goal. Society can make a profit by maximizing output. Profit maximization is possible through output maximization. All of the individuals try to maximize their profit. Profit maximization can be done through output maximization. Profit maximization is the goal of a society.
Hence, maximizing output may not be the final goal of a society, but it is a way of achieving the final goal.
For this discussion, you should put yourself in the role of a moderator as you:
Unions are organizations that represent workers in a particular industry or profession. Their primary goal is to protect the rights and interests of workers by negotiating better wages, benefits, and working conditions.
What are the policies of the Union?Unions are organizations formed by workers to protect their interests and rights in the workplace. They advocate for collective bargaining, fair wages and benefits, workplace safety, non-discrimination, job security, training and education, and political advocacy.
What are the labor laws?Labor laws are laws that govern the relationship between employers and employees in the workplace. Examples include minimum wage laws, overtime laws, anti-discrimination laws, health and safety laws, leave laws, unionization laws, and employment contract laws. These laws govern the rights of employees to form and join unions and establish the legal requirements for collective bargaining.
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What are unions? What are their roles and policies?
Modern mixed economies that include free market principles as well as active
government regulation of the economy are based on the theories of ____ .
a.) AS
b.) JMK✅
c.) MF
d.) Karl Marx
The theory of Adam Smith and Karl Marx leads to creation of a Modern mixed economies that include free market and active government regulation.
What is Adam Smith and Karl Marx theory?Adam Smith created the Capitalism economic system while Karl Marx created the socialism economic system.
Hence, the combination gave birth to Modern mixed economies that include free market principles as well as active government regulation.
Therefore, the Option A & D is correct.
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Karen owns a designer clothing store in a small town. Since her store is the only store that offers designer outfits, she charges high prices for them. In the same town, another store deals in similar apparels but offers them at cheaper rates. Karen wants to maintain the exclusivity of her store. She is planning to slash prices. This move may incur losses. However, she is determined to give a tough competition to her competing store and ensure that it goes out of business.
Answer:
Antitrust law
Explanation:
The government uses Antitrust laws to prevent creation of monopolies. These laws ensure that no single firm prevents competition unreasonably. So, Karen's action of cutting down prices to eliminate the competitor will come under government scrutiny.
What was the opening price of Dow Jones Industrial Average on May 12, 2018 in the format of XXXXX.XX?
Explanation:
2018 industrial average was roughly $26,000 , due to, a falling economy...
The US Senate overwhelmingly passed the 2022 Defense Authorization Act. The $768 billion "Defense Authorization Act" not only exceeds the defense spending proposed by the Biden administration by $25 billion, but also increases the US defense budget by about 5% compared to last year.
The US Senate passed the 2022 Defense Authorization Act, a $768 billion bill that surpasses the Biden administration's defense spending proposal by $25 billion and represents a 5% increase in the US defense budget compared to the previous year.
1. The US Senate passed the 2022 Defense Authorization Act.
2. The Defense Authorization Act is a bill that determines the budget and expenditures for the US defense sector.
3. The total amount allocated for the Defense Authorization Act is $768 billion.
4. The defense spending proposed by the Biden administration was exceeded by $25 billion in this Act.
5. The Act represents a 5% increase in the US defense budget when compared to the previous year.
6. This increase in the defense budget indicates a commitment to strengthening the country's defense capabilities.
7. The Act was passed overwhelmingly, indicating strong support from the Senate.
8. The Defense Authorization Act is an essential piece of legislation that ensures the funding and resources necessary for the US military to carry out its operations effectively.
9. The Act covers various aspects of defense spending, including military personnel, equipment, research and development, and strategic initiatives.
10. By passing the Defense Authorization Act, the US Senate has demonstrated its commitment to national security and defense preparedness.
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True or false: The term stakeholders refers only to those who own stock in a company.
The statement "stakeholder means to those who owned the stock in the company" is false.
The information regarding the stakeholder is as follows:
It is the party that has an interest in the organization.Also, it could be affected by the organization.The example of the stakeholder is employees, customers, & suppliers, etc.Therefore we can conclude that the statement "stakeholder means to those who owned the stock in the company" is false.
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What is the difference between micro and macroeconomics?
\( \small \red{\boxed{{\colorbox{white}{ANSWER}}}} \)
microeconomics
Macroeconomics seeks to find a general perspective, at a national level,
micro
while microeconomics focuses on the individual's perspective, at a consumer level.
that's my answer
Market research can help you strategize your _______ and _______ goals.
Primary research is more _______ than secondary research.
Your first marketing priority is to find out if you can _______ your product or services.
The grouping of people for marketing purposes is called _______.
Once you find out what people want, there’s a need to know the _______ for their choices.
Market research can help you strategize your business and marketing goals.
Primary research is more specific and tailored to your specific needs than secondary research.
Your first marketing priority is to find out if you can sell your product or services.
The grouping of people for marketing purposes is called segmentation.
Once you find out what people want, there's a need to know the motivations for their choices.
Market research plays a critical role in shaping business and marketing strategies by providing valuable insights into customer preferences, market trends, and competitive landscapes. It helps in identifying target markets, understanding customer needs, and developing effective strategies to achieve business and marketing goals.
By conducting research, businesses can gather data and information to inform their decision-making and ensure that their goals are aligned with customer expectations and market opportunities.
Primary research involves gathering firsthand data directly from the source, such as through surveys, interviews, or observations. It is more specific and focused on the unique needs and objectives of a particular study. Secondary research, on the other hand, involves using existing data and information from published sources.
While secondary research provides a broader understanding of a topic, primary research allows for more control and customization of the research process to address specific research objectives.
When launching a new product or service, one of the primary marketing priorities is to determine if there is a demand for it in the market.
Market research helps in assessing the viability and potential success of a product or service by gathering insights on customer preferences, needs, and market conditions. This information enables businesses to make informed decisions about product development, positioning, pricing, and marketing strategies.
Segmentation is the process of grouping individuals with similar characteristics or behaviors into distinct segments for marketing purposes.
By segmenting the market, businesses can target specific groups that are most likely to be interested in their products or services. Market segmentation allows for more personalized and targeted marketing strategies, resulting in better customer engagement and increased marketing effectiveness.
Once businesses identify what people want through market research, it becomes crucial to understand the motivations behind their choices. This involves delving deeper into the underlying reasons, preferences, and factors that drive consumer behavior.
By understanding the motivations behind consumer choices, businesses can tailor their marketing messages, product features, and overall customer experience to better align with customer needs and increase the chances of success in the market.
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define credit crunch.
Answer:
"a sudden sharp reduction in the availability of money or credit from banks and other lenders."
Answer: a sudden sharp reduction in availability of money or credit from Banks and other lenders
Explanation:
Haile Resort opened for business on June 1 with eight air conditioned units. Its trial
balance on August 31 is as follows.
Haile Resort
Trial Balance
August 31, 2022
Debit Credit
Cash Br. 39,200
Prepaid Insurance 9,000
Supplies 5,200
Land 40,000
Buildings 240,000
Equipment 32,000
Accounts Payable Br. 9,000
Unearned Rent Revenue 9,200
Mortgage Payable 100,000
Share Capital—Ordinary 200,000
Retained Earnings 0
Dividends 10,000
Rent Revenue 172,400
Salaries and Wages Expense 89,600
Utilities Expense 18,400
Maintenance and Repairs Expense 7,200
Br.490,600 Br.490,600
Other data:
1. The balance in prepaid insurance is a 1-year premium paid on June 1, 2022.
2. An inventory count on August 31 shows Br.1,300 of supplies on hand.
3. Annual depreciation rates are buildings (4%) and equipment (10%).
4. Unearned rent revenue of Br.7,600 should be recognized as revenue prior
to August 31.
5. Salaries and wages of Br.750 were unpaid at August 31.
6. Rentals of Br.1,600 were due from tenants at August 31.
7. The mortgage note is dated 1/1/2022. The mortgage interest rate is 8% per
year.
Instructions
a. Journalize the adjusting entries on August 31 for the 3-month period
June 1–August 31.
If Haile Resort opened for business on June 1 with eight air conditioned units. Its trial. The journal entry to record this transactions is: Debit: Insurance Expense, 9,000,Credit: Prepaid Insurance, 9,000
What is journal entry?Journal entry is used by companies to record their day to day business transactions.
Haile resort journal entries
Prepaid Insurance:
Debit: Insurance Expense, 9,000
Credit: Prepaid Insurance, 9,000
Supplies:
Debit: Supplies 3,900
Credit: Supplies Expense, 3,900
( 5,200 - 1,300)
Depreciation:
Debit: Depreciation Expense, Buildings, 2400
Credit: Accumulated Depreciation, Buildings, 2400
(Br.240,000 * 4% * 3/12 )
Debit: Depreciation Expense, Equipment 800
Credit: Accumulated Depreciation, Equipment, 800
(Br.32,000 * 10% * 3/12 )
Unearned Rent Revenue:
Debit: Rent Revenue, 7,600
Credit: Unearned Rent Revenue, 7,600
Salaries and Wages:
Debit: Salaries and Wages Payable, 750
Credit: Salaries and Wages Expense, 750
Rent Receivable:
Debit: Rent Receivable, 1,600
Credit: Rent Revenue, 1,600
Debit Interest Expense 2,000
Credit Mortgage Payable 2,000
(100,000 * 8% / 12 * 3 = 2,000)
Therefore the entry is Debit: Insurance Expense, 9,000,Credit: Prepaid Insurance, 9,000
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What scenario shows the best time to "play it safe" in investing because the law of diminishing returns is against the investor?
A Your children are 5 and 3 and you are in middle management in your company and you have extra money to invest for college funds.Your children are 5 and 3 and you are in middle management in your company and you have extra money to invest for college funds.
B You are 65 and have retired from your career and are looking at a very long and happy life of traveling and good times.You are 65 and have retired from your career and are looking at a very long and happy life of traveling and good times.
C You are 5 years from retirement and your friend knows a "sure" investment that will more than triple your retirement account.You are 5 years from retirement and your friend knows a "sure" investment that will more than triple your retirement account.
D You just hit a big jackpot in Las Vegas and decide to put it all back into another game to double your return.
The scenario that shows the best time to "play it safe" in investing because the law of diminishing returns is against the investor is option D: You just hit a big jackpot in Las Vegas and decide to put it all back into another game to double your return.
In this scenario, the investor has already experienced a significant gain by hitting a big jackpot in Las Vegas. However, investing the entire amount back into another game with the intention of doubling the return poses a high level of risk. The law of diminishing returns suggests that as an investment or activity continues, the incremental return or benefit diminishes over time. By putting all the winnings back into another game, the investor is exposing themselves to unnecessary risk. Instead, it would be wiser to consider diversifying the investment portfolio, preserving a portion of the winnings, and adopting a more conservative approach. This helps to protect the gained wealth and potentially generate more stable, sustainable returns in the long run. Hence the correct answer in Option D. you just hit a big jackpot in Las Vegas and decide to put it all back into another game to double your return.
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An effect of changing legislation on human resources professionals is that?
a. they must update company HR policies and procedures to stay current w/ legal changes
b. they must stay current w/ changes in the law
Option a is correct. Human resources experts must update the company's HR policies and procedures in order to stay up to date with legal changes as a result of evolving legislation.
The group of individuals who work for a given organization, business sector, industry, or economy is referred to as its human resources. Human resources, or the knowledge and abilities that people possess, is a more specific idea. Manpower, labor, personnel, colleagues, or simply "people" are comparable concepts.
The human resources department (HR department) of a company manages human resources, supervising various employment-related tasks like interviewing, benefit administration, organizing employee files with the necessary paperwork for future use, and even some aspects of recruitment (also known as talent acquisition) and employee offboarding. They act as a liaison between a company's management and its workers.
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5.6 Last month Quick Industries produced 900 units. This month they produced 1,264 units. What is the rate of change in production? a. 29.8% b. 32.8% c. 40.4% d. 60%
Answer: C. 40.4%
Explanation:
To find the rate of change in production, we can use the following formula:
Rate of change = (New value - Old value) / Old value * 100
Where,
Old value = Production of last month = 900
New value = Production of this month = 1264
Substituting the values in the formula,
Rate of change = (1264 - 900) / 900 * 100= 364 / 900 * 100= 0.404 * 100= 40.4%
Therefore, the rate of change in production is 40.4%, which is an option (c). I hope that this answer has helped you!
Answer:
The correct answer is C.
Explanation:
The rate of change in production is: (1264 - 900) / 900 = 0.404 or 40.4%. So, the correct answer is c. 40.4%