Communication researchers who follow media ownership saw a consistent trend of option C: concentration through the 1980s and 1990s characterized by mergers and buyouts and resulting in fewer but larger media companies in the 2000s.
What does marketing concentration mean?Market concentration gauges how tightly held together a select group of companies' market shares are. It is frequently used as a stand-in for the level of competition.
Therefore, the goal of a concentration strategy is to dominate one particular industry. Three strategies for industry expansion are product development, market development, and market penetration.
Learn more about Communication from
https://brainly.com/question/26152499
#SPJ1
See correct question below
Communication researchers who follow media ownership saw a consistent trend of _________ through the 1980s and 1990s characterized by mergers and buyouts and resulting in fewer but larger media companies in the 2000s. a. commodification b. conglomeration c. concentration d. synergy
if you are an equity investor how do you make money from your investment?
(A) Continuing to invest more money over time.
(B) Lending money and charging interest
(C) Selling the investment for more than you paid for it
(D) Sharing the equity with others
Answer:
(C) Selling the investment for more than you paid for it.
Explanation:
The investor can create profits by buying shares at a lowered price and trading them at a greater exchange price. Bonus Problem: If a business is functioning particularly well, it might give available shares to its stockholders. Investors should have a clear knowledge of their maneuvering before buying stock so they understand the best technique to estimate any possible stock purchase.
Answer:
Selling the investment for more than you paid for it
Explanation:
. Describe an example of a company that manufactures a product. (2-4 sentences. 1.0 points)
Answer:
The Coca-cola Company is a company that manufactures products. It is a multi-national company that manufactures soft drinks.
Explanation:
The Coca-Cola Company is an American company, and producer, retailer, and marketer of nonalcoholic drink stores and sugars. As the consumers demand for more the producers supply more. Further more you can easily find the substitutes of Coca-Cola for example if it’s expensive you can move to Pepsi brand which is the same.
rig co. sold its factory at a gain and immediately leased it back for 10 years. the factory's remaining economic life is 20 years. the lease was reported appropriately as an operating lease. how should rig report the gain in the financial statements?
Rig Co. should report the gain as income in the period in which the sale was completed. The gain should be reported on the income statement as "Gain on Sale of Factory".
The lease should also be reported on the income statement as an expense over the term of the lease.
The gain on sale of the factory should be reported as a non-operating item on the income statement, separate from the operating lease expense. This allows investors to distinguish between the income from the sale of the factory and the expenses related to the lease of the factory.
To know more about financials here
https://brainly.com/question/29641948
#SPJ4
1. Goals of UAE organizations concerned with the Child Protection Law and the reasons for its inception
Answer:
The answer is below
Explanation:
The goals of UAE organizations concerned with the Child Protection Law and the reasons for its inception are the following:
1. No Poverty: as a result of poverty in some rural areas which is affecting children's development in UAE, the government has made it official to eradicate poverty in those areas.
2. Education for All: this is to ensure that children of age 6 to 18 or Grade 12, all have access to quality education, so as to boost literacy level in UAE
3. Social Support: this is to ensure those with the lowest income are able to cater to their children and afford a decent life.
Which of the following is an example of an industry-level opposed to a firm-level factor?
A) threat of new entrants
B) a firm's culture
C) the teamwork among a firm's employees
D) a firm's products
E) a firm's assets
The answer is A) threat of new entrants. It is an example of an industry-level factor as opposed to a firm-level factor.
Industry-level factors refer to external factors that affect all firms within a particular industry, while firm-level factors refer to internal factors that affect a specific firm. The threat of new entrants is an industry-level factor that refers to the degree to which new firms can enter a particular industry. It is determined by factors such as barriers to entry, economies of scale, and brand recognition.
Firm-level factors, on the other hand, are internal factors that affect a specific firm, such as a firm's culture, teamwork, products, and assets. These factors can be leveraged to create competitive advantages for a firm, but they do not necessarily affect the industry as a whole.
Understanding the distinction between industry-level and firm-level factors is important for analyzing the competitive landscape of an industry and developing strategies for individual firms within that industry. By considering both types of factors, firms can identify areas where they can differentiate themselves from their competitors and gain a competitive advantage.
To learn more about new entrants click here: brainly.com/question/26546512
#SPJ11
A student in public administration wants to determine the mean amount members of city councils earn. The error in estimating the mean is to be less than $100 with a 99% level of confidence. The student found a report by the department of labor that estimated the standard deviation to be $1000. What is the required sample size?
Answer:
663.58
Explanation:
From the problem:
E, the maximum allowable error, is $100
The value of z for a 99 percent confidence level is 2.576
Estimate of standard deviation is $1,000.
n = [(z x s)/ E] ^ 2
n = [(2.576 x 1000) / 100}^2
= 25.76^2
=663.58
Question #4
Multiple Choice
Values are principles that typically guide or influence an individual's decision-making process. Two
areas of life most often affected or influenced by values include
emotions and reactions
decisions and responses
physical health and feelings
attitudes and behaviors
The two spheres of life that are most frequently impacted or altered by values are attitudes and behaviors. The correct response is option (4).
Define attitudes and behaviors.An individual's attitude is defined as their mental perspective, or how they feel or think about someone or something. Behavior describes the actions, motions, conduct, or behaviors of an individual or a group toward other individuals. built upon. Experience and observation.
When people put more focus on their own attitudes and feelings, they tend to act more in line with those feelings, therefore there is a link between attitude and behavior. Additionally, when people feel greater responsibility for their individual actions rather than the actions of a collective, their opinions are more consistent with their behavior.
To know more about attitudes and behaviors, visit:
https://brainly.com/question/29486334
#SPJ1
What do you mean by a facilitator? What are the major jobs of a facilitator of non formal educational programme
Explanation:
It is important to note that much of the intermittent formal learning throughout people's....Part of being an effective facilitator of informal learning ( and non-formal education) involves.
Answer:
The definition of facilitate is "to make easy" or "ease a process." What a facilitator does is plan, guide and manage a group event to ensure that the group's objectives are met effectively, with clear thinking, good participation and full buy-in from everyone who is involved.
Outsourcing is becoming more and more common, but it is a controversial idea in the United States. Why do you think this is such a highly contested idea? Do you think outsourcing is a good idea or a bad one? Explain the reasons for your answer.
Answer:
Outsourcing is a contested idea because the original company loses control of the job they are trying to complete. Outsourcing is a bad idea because it also causes jobs to be lost. (you might want to change the wording a bit.)
Explanation:
Variable costs as a percentage of sales for Lemon Inc. are 79%, current sales are $517,000, and fixed costs are $190,000. How much will operating income change if sales increase by $36,800
The change in operating income is $7,728.
What is the operating income?The net operating income is total revenue less direct and indirect expenses.
The net operating income = total revenue - variable expenses - fixed costs.
Initial operating income:
Revenue = sales = 517,000Variable cost = 0.79 x 517,000 = 408,430Fixed cost = 190,000Operating income = 517,000 - 408,430 - 190,000 = -81,430
New operating income:
Revenue = sales = 517,000 + 36,800 = 553,800Variable cost = 0.79 x 553,800 = 437,502Fixed cost = 190,000Operating income = 553,800 - 437,502 - 190,000 = $-73702
Change in operating income = $-73,702 - -81,430 = $7,728
To learn more about operating income, please check: https://brainly.com/question/26848906
#SPJ1
Students will write a three-page essay about themselves, and their families! This essay can include detailed family history, sharing any struggles that their family has faced. Students should also include their own background, school interests, activities, work, etc., (About 375 words)
In writing an essay you must consider the structure of the essay, Hence, the structure of the essay should be considered;
The Introduction The bodyThe conclusionFor this essay concentrate on yourself and write about what makes you you.
This is further explained below.
What is family?Generally, A family is a group of two or more people who are connected by blood, marriage, or adoption and who live together; all of these people are regarded as belonging to the same family.
In conclusion, Write about yourself as well as the unique features of your family, detailed family history, sharing any struggles that your family has faced.
Read more about family
https://brainly.com/question/10205802
#SPJ1
The organization, distribution, balance, and general relationship of actors and objects within the space of each shot is called ________.
It should be noted that organization, distribution, balance, and general relationship of actors that exists in space of each shot is called Composition.
What is Composition?Composition serves as the coming together of organization as well as balance in a specific space.
This usually help to bring a good relationship between the elements of the organization and aid corporation.
Learn more about Composition at:
https://brainly.com/question/24742926
Under what circumstances is a taxpayer required to use a calendar year tax period?a. If the taxpayer does not keep books or accounting records.b. If the taxpayer just opened a new business.c. If the taxpayer has a tax year of less than 12 months.d. If the taxpayer receives reporting documents such as Forms W-2 and 1099.
A taxpayer is required to use a calendar year tax period if their tax year is the calendar year, or if they do not have a valid business purpose for using a fiscal year. However, there are certain circumstances where a taxpayer may be required to use a calendar year tax period regardless of their business purpose. One such circumstance is if the taxpayer receives reporting documents such as Forms W-2 and 1099. Another circumstance could be if the taxpayer has a tax year of less than 12 months.
Learn more about taxpayer click here
brainly.in/question/9382235
#SPJ11
hi.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,,.,.,.,.,.,;]
Answer:
Hellllllllllllllllllllllllllllllllllllo
Explanation:
Question 3: Answer the following questions
3.1)
Calculate 250% of 100.
(2)
3.2)
Calculate 100% of 250
(2)
2
3)
What do you notice about your answers to question 3.1) and 3.2)? Explain your answer.
Answer:
\( \frac{250}{100} \times 100 \\ = 250 \\ \\ \frac{100}{100} \times 250 = 250 \\ the \: answers \: are \: identical\)
Cable television is most associated with which competitive situation?
monopoly
oligopoly
pure competition
communism
The competitive situation that cable television are most associated with is pure competition.
Who are the cable television providers?The T.V. providers are companies who offers the product of Satellite transmission television program. These providers faced a high competition in the cable tv industries.
Hence, the competitive situation that cable television are most associated with is pure competition.
Therefore, the Option C is correct.
Read more about T.V. providers
brainly.com/question/6274210
Salads 'R' Us requires all its franchisees to sign an agreement that they will use napkins and dressings purchased from Salads 'R' Us. Unless the agreement is signed, no one is awarded a franchise. Salads 'R' Us maintains that the agreement is necessary to preserve uniformity and quality in all franchise outlets. The purchasing requirement is:A) an illegal tying arrangementB) valid as a quality control mechanism for protection of goodwill.C) coercion and is invalid.D) None of the above
Answer:
B) valid as a quality control mechanism for protection of goodwill.
Explanation:
Franchise is a license consisting of a contractual arrangement between a parent company (franchiser or franchisor) and another (franchisee), that allows individuals or an organization access to its knowledge, processes, trademarks in order to provide a service.
One of the main advantages of a franchise is that, franchisers such as Salads 'R' Us do not require additional capital and development expenses to have their businesses being situated in a foreign market or country, as they only required to issue licenses to franchisors who are interested in being part of their business by paying a fee.
The purchasing requirement in this scenario is valid as a quality control mechanism for protection of goodwill because it facilitates and promotes uniformity and quality in all Salads 'R' Us franchise outlets by ensuring that they will use napkins and dressings purchased from them (franchisor).
Free 50 Pts
Is it Legal if i use a M18 Claymore Mine While Hunting?
Answer:
no there would be not evidence that u killed something because that evaporate the animal
Explanation:
DECISION MAKING Suppose the Tracers decide they want to adjust their budget
so they can save for a special summer vacation that will cost $5,000. How would
you suggest they go about revising their budget to meet their goal?
Explanation:
The tracers will have to adjust their budget before planing for a summer vacation for that they will have to be saving $1000 each every month .To revive their budget to meet their goal they will have to be planing their budget every day like $50
____ is the process of gathering, storing, accessing, and analyzing data about a company in order to make better business decisions.
Every process that has to do with gathering, storing accessing and analyzing data for a company to make business decisions is referred to as: Business Intelligence.
The business world is faced with many vagaries such as risks and uncertainties. Every business intends to minimize cost and maximize profits. In order to do this, wise and better decisions must be made daily.
For business decisions to be made, predictive views, data mining, process analysis, descriptive analytics, and performance benching are all business intelligence entails.
Therefore, every process that has to do with gathering, storing accessing and analyzing data for a company to make business decisions is referred to as: Business Intelligence.Learn more here:
https://brainly.com/question/21765674
Overview
Managing an international team will present unexpected challenges. You are in different time zones; you have different schedules; you come from different cultures; and your own communication style may be different from that of members of your team. Success of a geographically distributed team can be fostered by setting expectations that are informed by best practices and the cultures of your team members.
Scenario
Your company is expanding into a new market and has formed a new team that it would like you to manage. Your manager has sent you this note:
Thank you for taking on this challenge. You have a great team, but they come from very diverse backgrounds. It’ll be up to you to make sure it is a cohesive team that communicates well and collaborates effectively. As you know, at our firm, we feel the management of our teams and human resource management are a strategic advantage for us. I would like you to write an email explaining to me what managerial approaches you will use and how you think your team will function together. Please also include your conference call invitation for your team’s introduction. I would like to review what you are going to send to your team.
Prompt
For this assignment, you will write an email and introductory conference call invitation as requested by your manager.
Team Member Locations
Your team consists of the following four members from various locations across the globe:
Kaspar was born in and is based in the country you choose for your course project.
Kelly was born in and is based in the United States.
Syed was born in and is based in the United Arab Emirates.
Nina was born in and is based in Chile.
Specifically, you must address the following rubric criteria:
Write an email to your manager explaining how you plan to manage your team. It should include the following information:
Cultural considerations for each team member (For the purposes of this assignment, you can assume that each team member represents the average cultural dimensions of an average citizen of the country, and you are encouraged to use the Hofstede Insights: Compare Countries website.)
Common issues among diverse or global teams and potential conflicts that could occur in your team.
Multiple management approaches you plan to use and why?
A policy for selecting which holidays team members can take off that takes into account cultural considerations.
A determination of whether your team will collaboratively create a team expectation.
I'll manage my team through cultural considerations, addressing issues, diverse management approaches, a culturally sensitive holidays policy, and team involvement in setting expectations.
Email to Manager:
Dear [Manager's Name],
Thank you for entrusting me with the management of our new team. I understand the importance of fostering cohesion and effective communication among team members from diverse backgrounds. In order to achieve this, I have developed the following strategies:
1. Cultural considerations: Recognizing the diverse cultural backgrounds of our team members, I will leverage the insights provided by Hofstede Insights: Compare Countries website to better understand their cultural dimensions. This will help me tailor my management approach, communication style, and decision-making processes to accommodate their cultural norms and preferences.
2. Common issues and potential conflicts: I anticipate that common issues in diverse or global teams may include language barriers, varying work styles, and differences in time zones. To address these challenges, I will encourage open and inclusive communication channels, provide language support if needed, and establish clear expectations regarding work hours and availability. Additionally, I will promote cultural sensitivity and foster a supportive team environment to mitigate potential conflicts.
3. Multiple management approaches: Considering the unique needs of each team member, I will adopt a flexible management approach. This may involve a combination of individual check-ins, team meetings, and virtual collaboration platforms to accommodate different communication preferences and working styles. I will also encourage regular feedback and provide opportunities for professional growth tailored to each team member's aspirations.
4. Holidays policy: To ensure fairness and inclusivity, I propose a culturally sensitive holidays policy. By consulting with each team member individually, I will identify their respective cultural and national holidays, and strive to provide equitable time-off opportunities. This approach will demonstrate our commitment to respecting and valuing the diverse backgrounds and traditions of our team members.
5. Collaborative team expectations: I believe in fostering a sense of ownership and accountability among team members. Therefore, I plan to collaboratively create team expectations. This will involve soliciting input from each team member to establish shared goals, communication norms, and project milestones. By involving the team in this process, we can promote a sense of unity and collective responsibility.
Attached to this email, you will find the conference call invitation for our team's introduction. I look forward to discussing these strategies with you further and incorporating any feedback you may have.
Thank you again for this opportunity.
Best regards,
[Your Name]
Conference Call Invitation:
Subject: Team Introduction and Expectations
Dear Team,
I hope this email finds you all well. As we embark on this exciting journey together, I would like to invite you to a team introduction conference call. This call will serve as an opportunity for us to get to know each other, establish expectations, and align our goals.
Date: [Date]
Time: [Time]
Duration: [Approximate duration]
Agenda:
1. Team introductions: Each team member will have the opportunity to share a brief introduction, highlighting their role, background, and any key strengths or interests they bring to the team.
2. Cultural considerations: We will discuss the importance of cultural understanding and how it can positively impact our collaboration. Please come prepared to share any specific cultural considerations or preferences that you feel are important for the team to know.
3. Team expectations: We will collaboratively define our team expectations, communication norms, and project milestones. This will ensure that we are aligned on our goals and working towards a shared vision.
I look forward to meeting each one of you and building a strong and cohesive team. Please RSVP to this email with your confirmation and any specific topics or questions you would like to address during the call.
Best regards,
[Your Name]
Learn more about management here:
https://brainly.com/question/32216947
#SPJ11
9) Which is a risk of being a stockholder?
A) may not get an increase in the amount of one's investment
B) can increase investment if the price of one's stock goes up
C) might receive dividends when the company makes a profit
D) able to vote for members of the board of directors
Answer: A.
Explanation:
The answer to this problem is A. The answer is A because B, C, and D are all positive parts of being a stockholder whereas A is negative.
A) may not get an increase in the amount of one's investment is a risk of being a stockholder.
Stockholders or shareholders are investors who own a portion of a company's equity, represented by shares of stock. While being a stockholder comes with potential benefits such as capital gains, dividends, and voting rights, it also carries risks.
One of the most significant risks of being a stockholder is that the value of the stock can decrease, and the stockholder may lose some or all of their investment. This can happen due to a variety of factors, such as changes in the market, the company's financial performance, or global events that impact the economy.
Therefore, A) may not get an increase in the amount of one's investment is the risk of being a stockholder.
brokers must retain brokerage relationship disclosure documents for 5 years except when
Brokers must retain brokerage relationship disclosure documents for 5 years except when transactions do not result in a written agreement.
Brokers must retain brokerage relationship disclosure documents for 5 years. However, the exception is when the broker is involved in a transaction that does not result in a written agreement, such as when a client chooses not to move forward with a transaction or when the broker is only providing information about a property without representing the client. In these cases, the broker is not required to keep the disclosure documents for the full 5-year period.
Hence, when there is no production of written agreement, the broker is not required to retain brokerage relationship disclosure documents for 5 years.
Learn more about Brokers:
https://brainly.com/question/17011472
#SPJ11
a market-based economy frequently produces boom-and-bust cycles.
Market-based economy frequently produces boom-and-bust cycles. When a recession hits, businesses reduce their operations, including reducing employee hours or laying off workers, resulting in reduced production.
A market-based economy is frequently unstable and regularly encounters boom-and-bust cycles, causing economic instability. Market cycles are a pattern of ups and downs, characterized by high production and increased consumption in the growth or boom cycle and low production and decreased consumption in the contraction or bust cycle.The ups and downs, including the extremes, are typically brief and lead to market recovery. However, in more severe market cycles, the impact on the economy can be catastrophic, with millions of people losing their jobs and the government taking on more debt to avoid a recession.
The causes of market cycles include supply and demand, investor expectations, and business cycles. Supply and demand are among the most crucial determinants of market cycles. When demand exceeds supply, the economy grows, and when supply exceeds demand, the economy contracts. However, investor expectations play a significant role in determining the economy's growth. When investors expect good economic times, they invest in stocks and other assets, driving up prices. Conversely, when investors expect bad economic times, they sell their stocks, leading to a decline in asset prices.
To know more about employee visit:
https://brainly.com/question/18633637
#SPJ11
development of regulatory mechanism in banking
Answer:
The development of regulatory mechanisms in the banking industry has been an ongoing process to ensure the stability and integrity of the financial system.
Explanation:
This includes the implementation of rules and guidelines for banks to follow, as well as the establishment of independent agencies to monitor and enforce compliance. Some examples of regulatory mechanisms in banking include the Basel Accords, which set international standards for bank capital and liquidity, and the Dodd-Frank Wall Street Reform and Consumer Protection Act, which introduced stricter regulations on banks in the wake of the 2008 financial crisis. The goal of these regulatory mechanisms is to protect consumers and investors, prevent financial fraud and abuse, and maintain the overall stability of the banking system.
To learn more about banking :-
https://brainly.com/question/848964?referrer=searchResults
https://brainly.com/question/29995737?referrer=searchResults
A website such as Lucky Brand can target each of the following with remarketing, except Group of answer choices everyone that has visited any page on Lucky Brand's website anyone who has visited only Lucky Brand's homepage visitors to the Lucky Brand site who did not make a purchase visitors to Lucky Brand who have also visited a competing brand
Answer: visitors to Lucky Brand who have also visited a competing brand
Explanation:
Remarketing us an online targeted advertising whereby customers are targeted based on the previous internet behaviour that they had. It's done in order for a company to be able to connect with the people who have interacted previously with the company's website.
Remarketing can be used to target everyone that has visited any page on Lucky Brand's website, people who visited only Lucky Brand's homepage and the visitors to the Lucky Brand site who did not make a purchase.
It should be noted that it can't be used to target visitors to Lucky Brand who have also visited a competing brand.
2. Once someone is promoted to facility manager, the job becomes easier because the person has subordinates who can help them. Therefore, they do not need to spend as many hours at the facility. a. True b. false
The statement "Once someone is promoted to facility manager, the job becomes easier because the person has subordinates who can help them. Therefore, they do not need to spend as many hours at the facility" is false because the promotion to the position of facility manager often means that more responsibilities are entrusted to the person holding that position and the job becomes more challenging.
Facility management involves a wide range of responsibilities and duties that are essential for the smooth operation and maintenance of a facility.
Once someone is promoted to the position of facility manager, they become responsible for supervising the daily operations of the facility, coordinating with various teams, overseeing facility maintenance and repairs, ensuring compliance with safety and health standards, and managing the facility's budget and resources.
As such, the job of a facility manager can become more demanding after their promotion. Although subordinates may provide support, they do not take away the facility manager's responsibility for ensuring that all aspects of the facility's operation are running smoothly.
Learn more about facility manager https://brainly.com/question/32772246
#SPJ11
What are the disclosure requirements for the lessee under IFRS
16? (200 words)
Under IFRS 16 (International Financial Reporting Standards), lessees have specific disclosure requirements that need to be met in their financial statements. These requirements aim to provide transparency and enable users of the financial statements to understand the impact of leasing arrangements on the lessee's financial position, performance, and cash flows.
Some key disclosure requirements for lessees under IFRS 16 include:
Right-of-Use Assets and Lease Liabilities: Lessees must disclose information about the nature and carrying amount of their right-of-use assets and lease liabilities. This includes details about the type of asset leased, lease term, any restrictions or commitments associated with the lease, and the carrying amount of the assets and liabilities.
Lease Income and Expense: Lessees need to disclose the amounts recognized as lease income and lease expense during the reporting period. This includes separating lease expense into its components, such as amortization of the right-of-use asset and interest expense on the lease liability.
Significant Leasing Judgments and Assumptions: Lessees should provide information about significant judgments and assumptions made in applying IFRS 16. This may include details about the determination of lease term, discount rate, and any reassessment of lease arrangements.
To know more about IFRS 16 refer to-
https://brainly.com/question/30237246
#SPJ11
Intellectual property laws protect trade secrets such as formulas and computer source codes. t or f?
The statement - "Intellectual property laws protect trade secrets such as formulas and computer source codes" is true.
What is Intellectual property?Intellectual property is a type of property that incorporates intangible human intelligence creations. There are many different sorts of intellectual property, with some governments recognizing more than others. Patents, copyrights, trademarks, and trade secrets are the most well-known categories.
Trade secrets, unlike patents, are protected in intellectual property laws without registration; that is, trade secrets do not require any procedural formalities to be protected. A trade secret can be kept private indefinitely unless it is discovered or legitimately obtained by others and exposed to the public.
Therefore, it can be concluded that the statement mentioned above with regard to intellectual property laws is true.
Learn more about Intellectual property here:
https://brainly.com/question/17348419
#SPJ1
Find solutions for your homework
business
economics
economics questions and answers
a copy company wants to expand production. it currently has 20 workers who share eight copiers. two months ago, the firm added two copiers, and output increased by 40,000 pages per day. one month ago, the firm added five workers, and productivity also increased by 25,000 pages per day. a copier costs about three times as much as a worker. assume these
Question: A Copy Company Wants To Expand Production. It Currently Has 20 Workers Who Share Eight Copiers. Two Months Ago, The Firm Added Two Copiers, And Output Increased By 40,000 Pages Per Day. One Month Ago, The Firm Added Five Workers, And Productivity Also Increased By 25,000 Pages Per Day. A Copier Costs About Three Times As Much As A Worker. Assume These
Hire another worker or purchase a new printer?
Show transcribed image text
Expert Answer
1st step
All steps
Final answer
Step 1/2
Solution
View the full answer

Step 2/2
Final answer
Transcribed image text:
A copy company wants to expand production. It currently has 20 workers who share eight copiers. Two months ago, the firm added two copiers, and output increased by 40,000 pages per day. One month ago, the firm added five workers, and productivity also increased by 25,000 pages per day. A copier costs about three times as much as a worker. Assume these increases in productivity per worker and productivity per copier are good proxies for future increases in productivity when hiring additional workers or purchasing additional copiers. Based on this information, the copy company should hire another worker in order to expand output.
Based on the information provided, the copy company should hire another worker to expand output.
This conclusion is based on the fact that adding two copiers increased output by 40,000 pages per day, while adding five workers increased productivity by 25,000 pages per day.
Since the cost of a copier is about three times the cost of a worker, it would be more cost-effective to hire another worker rather than purchasing a new copier. By doing so, the company can further increase its output and productivity.
Learn more about company here:
https://brainly.com/question/30532251
#SPJ11