Answer:
d) economies of scale result from decline in the average cost of production per unit as volume increases whereas economies of scope result from decline in the average cost of production due to the sharing resources across products and services.
Answer:
<u>Laggards are in the late 16 % of the cycle of adoption of the technology.</u>
Explanation:
- As technology adoption is a sociological model that is based on the acceptance of the newer product or innovation that defines the demographic characteristics.
- Innovators, early adopters, early majority and late majority and laggards are all the demographic and psychological group of people that adopt the model based on the consideration as the flip phone are rarely available and they tend to have lower demands in the market hence only fewer companies keep those models.
- Even though selling them at a lower price they are taken up by laggards as these are ones that usually take the flip phones based on their perception and the trends in the market.
Answer: B) subtle discrimination based on secondary characteristics.
Explanation:
There are Primary and Secondary Characteristics of Diversity.
Secondary Characteristics of Diversity are those attributes that can be changed and include but are not limited to, educational background, geographic location, income, marital status, weight, religious beliefs, and work experiences.
The attributes that Bob says he has no problems with are PRIMARY in nature but he seems to have problems with the weight and educational backgrounds of some employees and insinuates that they are less efficient at doing what he does.
This is subtle discrimination and it is based on their secondary attributes.
Answer:
A) Dr. Encumbrances – Office supplies No entry
Cr. Encumbrances outstanding
Explanation:
The journal entry is given below;
For Governmental fund financial statements
Encumbrances-Office Supplies $1,500
To Encumbrances Outstanding $1,500
(Being Office Supplies ordered is recorded)
For Government-wide financial statements
No journal entry is required as under the accrual accounting, no entry should be recorded until the transaction does not arise
Therefore the option a is correct
