Answer:
e. accessory equipment
Explanation:
Accessory equipment are the goods and services that are used by firms and organizations to complete their daily operation. They consist of products and services which are used in the production processes. Likewise, they are considered import which makes them expensive compared to other capital goods. These goods can easily be replaced without affecting the whole process.
Answer:
The technology is a support activity in a firm's value chain.
Explanation:
Value chain analysis means the analysis which adds the value to the organization. It can be categorized in two activities - primary activities and support activities. This value chain analysis is propounded by Porter.
The primary activities includes inbound & outbound logistics, operations, Marketing & sales and service whereas support activities includes firm infrastructure, human resource management, technology , and procurement.
Thus, the technology is a support activity in a firm's value chain.
Answer:
Change in Nominal income = 5%
Change in real income = 2.9 %
Explanation:
<em>Real income </em><em>is the amount of basket of goods and services that can be actually purchased . It is the nominal income adjusted for inflation.</em>
<em>Real income = (CPi in base base year/ CPI current year) × Nominal income </em>
Real income for Sabrina
= (100/102) × 105,000
= 102,941.1765
<em>Change in real income</em> = (102,941.1765 -100,000)/100,000
= 2.9 %
<em>Change in Nominal income</em> = (105,000-100,000)/100,000
= 5%
Answer:
b) management by objective.
Explanation:
Management by objectives can be defined as an organizational management model whose focus is to improve the performance of the organization as a whole, aligning each company's action plan to achieve previously defined objectives and goals.
This is an information system that allows the organization to compare performance and achievements with objectives, which helps improve management and correct failures.
In this management style, employees are encouraged and motivated to be more committed to the organization, as clearly setting goals and objectives motivates employee participation and contributes to a feeling of inclusion, in addition to improving communication in the organization, which is a essential tool for achieving goals.
