Answer:
a. 79
Explanation:
Opportunity cost can simply be defined as the alternative forgone. That is, opportunity cost is that good, commodity or service or whatsoever is sacrificed in order to obtain another. In economics, it is known as real cost. Thus in the question above, Jose employes strategy A such that when he prepares for two exams in one evening, the opportunity cost of receiving a 94 point on Economics exam is 79 points on the statistics.
Answer:
A. reducing her exposure to the risk of reputation damaging clients.
Explanation:
CSR otherwise known as corporate social responsility is a self act by a company aimed at contributing to the development of the society or environment where the company operates. It is a volunteering and philanthropic .
Companies have now been factoring CSR into their business model because it helps them to be socially responsible and accountable. Most consumers are now beginning to check on companies who does CSR before choosing their brand.
Examples of CSR includes provision of health care facilities to the environment where the company operates, provision of scholarships to students of the host community, sponsoring events, employing people withing the community etc.
The impact of CRS and environmentally sustaining business includes but not limited to
- positively building a company's image
- increasing buyer patronage
-shortening the supply chain
-lowering cost and enhancing employee recruiting and workforce retention.
Answer:
Limited Supply of lawyers will lead to increase in Lawyer Wages / Salaries
Explanation:
Labour Markets are at equilibrium where : Labour Demand (by firms) = Labour Supply (by employees).
Analysing the labour market for Lawyers : Previous anticipations finally leading to small graduating classes & limited supply of lawyers. This limited supply creates excess demand of lawyers. The mismatched excess demand (by firms) creates competition among buyer firms, which leads to increase in price (wages or salaries) of lawyers.
Answer:
6,250 units; 7,000 units
Explanation:
Given that,
Fixed costs for proposal A = $50,000
Fixed costs for proposal B = $70,000
Variable cost for A = $12.00
Variable cost for B = $10.00
Revenue generated by each unit = $20.00
Let x be the number of units at break even point,
(a) Condition for break-even point in units:
Total cost = Total revenue
Fixed cost + Variable cost = (Number of units × Revenue generated by each unit)
50,000 + 12x = 20x
50,000 = 8x
6,250 = x
(b) Condition for break-even point in units:
Total cost = Total revenue
Fixed cost + Variable cost = (Number of units × Revenue generated by each unit)
70,000 + 10x = 20x
70,000 = 10x
7,000 = x
The given scenario clearly illustrates Negative leniency
.
Option C
<u>Explanation:
</u>
The performance appraisal is a routine analysis of the results of an individual and of a company's total commitment. A performance appraisal, also defined as an «yearly review», "performance review," or "individual appraisal," assesses the ability, success and progress of an employee or its lack of it.
The manager who is neither tough nor easy with rating employees is committed to negative and positive leniency misconceptions. In the performance evaluation process, the employee's unjustified expectations for increases, promotions or tough jobs can be increased by positive leniency.
The worker may be sick of hitting the head against a wall with excessive slowness or toughness/strictness because the manager can not be pleased despite how hard the person tries.
