Answer:
The definition is defined in the clarification section following, according to the particular circumstance.
Explanation:
Office design influences employees' social interaction, collaboration, and creativity. Encouraging a culture of collaboration and creativity benefits all organizations, fostering productivity, job satisfaction, and retention. Balancing collaborative and private spaces within the design is crucial.
Different types of office design significantly influence employee social interaction, collaboration, and creativity. For example, an open-plan office may encourage more spontaneous conversations and collaboration compared with a cubicle-based layout, which tends to isolate employees, limiting their social interactions. Conversely, a cubicle-based design might allow for more focused work free from disruptions.
Socializing employees through shared experiences can impact their opinions about various policies. Therefore, designing the workplace to facilitate social interaction may align employees' thinking, leading to more cohesive and cooperative attitudes.
Workplace socialization can occur both informally and formally. Informal socialization can be fostered through common areas where employees congregate, such as a shared kitchen or a communal lounge. Formal socialization can be established by implementing structured activities or meetings that encourage interactions between employees.
Encouraging a culture of collaboration and creativity should be a standard practice in all organizations, even those that don't initially seem innovative. A culture of collaboration can increase productivity, job satisfaction, and workplace retention. Organizations increasingly structure themselves to delegate work to teams, capitalizing on diverse skills, experience, and expertise.
However, it's essential to balance the need for collaboration with the need for focused, individual work. Using a variety of office design elements such as quiet zones, collaboration areas, and private spaces can help achieve this balance.
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Answer:
Process flexibility.
Explanation:
The ease with which resources can be adjusted in response to changes in demand, technology, products and services, and resource availability is known as process flexibility.
Process flexibility simply refers to the ability of a firm or company to respond to changes in the production line or manufacturing process of goods to meet the needs of their customers.
For instance, when there is a new technology in the industry, the ability of a company to switch with ease is its process flexibility.
Answer:
Requiring all employees to attend “captive audience” speeches in the company auditorium regarding the union organizing effort
Explanation:
In simple words, union certification election refers to the electoral process under which the labor force of an organisation chooses its leader for a fixed period of time as determined by the rules. This process is usually seen in large organisations where a thousands of labor workforce is included.
Just like any other process, in these elections also the candidates are supposed to present themselves against the voters and tell them their ideas and the works they are going to perform.
Answer:
Accounts receivable turn over is 16.64
Explanation:
To compute accounts receivable turn over ratio, we simply divide net credit sales over the average accounts receivable.
Accounts receivable turn over ratio = $1,240,000/$74,500
= 16.64
The higher the ratio, the better it is in the company. It simply means, the company exercises the effective way to collect its receivable from the customer.
*Net credit sales is derived by deducting sales returns and allowances from gross credit sales. If the problem is silent regarding cash sales, we will assume that the sales made by the period is all at credit.
Answer:
X demand would rise by 8% ; Y demand would fall by 4%
Explanation:
Price Elasticity of Demand is the responsiveness in demand quantity, due to change in good's price
P.Ed = % change in demand / % change in own price
Cross Price Elasticity is the responsiveness in a good's demand quantity, due to change in other good's price
C.Ed = % change in demand (Y) / % change in other good's price (X)
Given {Good X Elasticities} : P.Ed = (-) 4 ; C.Ed = 2
Price of X decrease = 2%
P.Ed = 4 = % change in demand / 2
% change in demand of X = 2 x 4 = 8%
P.Ed absolute value ignoring negative has been taken due to law of demand price - demand inverse relationship already depicting it. So, 2% fall in price of X increases it's quantity demanded by 8%
C.Ed = 2 = % change in Y demand / 2
% change in Y demand = 2 x 2 = 4%
Cross Price Elasticity of demand is positive in case of substitute goods. These goods can be interchange-ably used to satisfy a particular want. Substitutes price & demand are directly related;- as price fall of a good makes it relatively cheap, increases its demand, decreases other good's demand. So, 2% decrease in good X price decreases good Y demand by 4%
b) Dallas's fixed costs have increased by 10%. Based on the analysis of the volume, after rounding the numbers to the nearest whole number, Dallas is best below and Detroit is best above ▼ 27,500 7,000 24,600 76,996 20,500 radios.
Answer: a) below 27,500 units Dallas is best. Above, Detroit is best.
b) below 20,500 units Dallas is best. Above, Detroit is best.
Explanation:
To calculate we shall be using the Point of Indifference Value.
Now, let's borrow x from Algebra and denote it as the Quantity (Q) where the cost of the 2 processes are equal..
a) Total cost = Fixed Costs + ( Variable cost * Q)
Dallas Total Cost = 560,000 + 30x
Detroit Total Cost = 780,000 + 22x
Equating them we get,
560,000 + 30x = 780,000 + 22x
8x = 220,000
x = 27,500 units.
Below 27,500 radio units then Dallas would be preferable due to lower fixed costs. Above 27,500 radio though then Detroit would be better due to lower Variable costs.
b) Dallas costs rise by 10%
= 560,000(1 + 0.1)
= $616,000 is their new cost.
Using the same methodology as A above we say,
616,000 + 30x = 780,000 + 22x
8x = 164,000
x = 20,500 units.
Below 20,500 radio units then Dallas would be preferable due to lower fixed costs. Above 20,500 radio though then Detroit would be better due to lower Variable costs.
If you need any clarification do react or comment.
B) income
C) discount. price.
E) breakeven quantity.
Answer:
D. Price
Explanation:
Price is the amount that is paid by the buyer to the seller in the purchase of the product. And it also deals in exchange for a product which we called barter. The more or less amount while exchange the product is also known as price
It is a measure of an item.
According to the given situation, the most appropriate option is d. as it says that the seller is willing to accept in a given time and in given circumstances that means he is ready for negotiation.