Answer: Work breakdown structure.
Explanation:
A work breakdown structure is as the name implies a breakdown of the stages of work involved in successfully completing a greater objective/project. The work breakdown structure is drafted out and gives member of a team direction on the steps needed to achieving their desired objectives.
Answer: Item A - Single Sourcing Strategy
Item B - Multiple Supplier Strategy
Explanation:
Item A:
This item is in high volume and has a low risk factor because there are multiple potential Suppliers present in the market. Because of this you can choose the SINGLE SOURCING STRATEGY because you can easily switch to others if one is unable to supply you with the good.
Item B:
This item has a low volume as the Suppliers are equally low. This means that the risk factor here is quite high. Because of these factors it is best to use a MULTIPLE SUPPLIER STRATEGY to mitigate the risk that one supplier will not have it. This was many options are available.
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Answer: b.Produce fewer meals and increase their profit
Explanation:
The profit maximising point for production is generally said to be the point where Marginal Revenue equals Marginal Cost. At this point, the company producing is maximising its resources and wasting nothing whilst getting the highest amount of profit they can.
If they produce at a point higher than this point then Marginal Cost will be be higher than Marginal Revenue which is not profitable. This is the situation with Food Fanatics. They are producing at a point higher than the profit maximising level because their Marginal Revenue of $20 is lower than their marginal cost of $25.
The remedy to this is to produce fewer meals to the point where Marginal Revenue equals Marginal Cost, thereby increasing their profit.
Answer: D). employment variability
Explanation: Chances are he was skilled in whatever task he was assigned to. If the company is expandeing then they moast likly found a way to replace him to save on money.
Answer: Copyright law
Copyright is security for tangible aspects of an idea. It is intended to give the creator of something original the ability to use and make money from it, without others being able to use it themselves. There are a number of limitations that do allow for a widespread use, they protect the derivatives of an idea also called intellectual property. Copyright tends to cover literary and artistic work e.g. books, movies. To get a better idea copyright is the reason you just can’t print and sell harry potter books or download pirated movies
Since the "<em>price profit"</em> app is an idea it is protected by the copyright law.
