Moreover, the computation of ratios occurs only at a certain period of time and is affected by frequent changes thereafter such as cash changes and changes in stock levels. Lastly, monopolistic firms rarely have competitors thus making cross sectional and industrial analyses difficult. Regardless total assets that are essential to the two firms, as a result of fluctuations in sales, the financing will be attained from the existing two sources identified. Any amount which cannot be achieved from the observed two sources will have to be borrowed from other external sources on short term basis hence termed as a current
Productivity can decline due to low cooperation between multigenerational employees resulting in lower efficiency and completion objectives leading to disruption within the organization. This eventually hinder the success of organizational and employee goals and objectives. It is important that all generations work together in harmony to complete business
That is the heart of the liberal perspective on increasing the minimum wage and paying employees more will not just help workers but business owners and the population at large. This is so for several reasons. First, paying workers a higher salary is going to increase the productivity of the workers. This increased productivity and improved customer service will generate more in revenue than the increase in wages. Secondly, the reduction
By providing a good quality product to customer can maintain a customer loyalty. Other than the printing machines, there are some other conflict that Mr Guna face like some temporary employees who will keep on skip job and will not fully focusing on the job given by the boss. It will result in lost which Mr Guna has to bear the lost by his own self. This will cause some conflict between the boss and the employees. During economy down, Mr Guna get less order due to many things are expensive and customer not affordable to pay the cost of printed products.
As expected, when workers are aware they are being monitored, the average productivity of the assembly line is increased. This ultimately causes a bias in the data being collected during the study, and the results are not accurate. Intuitively, workers will work at a slower pace when they do not believe they are being monitored. In either case, workers do not take kindly to the fact they are being monitored. This was ultimately shown to be true when Devinatz discussed a worker quitting when they realized they were part of a time study.
There is a concession to this argument that a more customer centric employee will be able to better serve the customer in a shorter time frame and actually offset the cost of the training by being able to serve more customers in a shorter time period. If this is the case for EMC, then the customer centric business model will generate a good ROI over the long run despite their complex product offering. 3. How is the way customers buy in the age of social media changing? Do you think that “high tech” can replace “high touch”?
ANSWER 1 – Long-run average cost refers to per unit cost incurred by an organization in the production of a desired level of output when all the inputs are variable. The LRAC of an organization can be attained from its short-run average cost curves. Each SRAC curve represents the firm's short-run cost of production when different amounts of capital are used. The shape of the LRAC curve is similar to the SRAC curve while the U-shape of the LRAC is not due to increasing and later diminishing marginal. The -ve slope of the LRAC curve signifies economies of scale and increasing returns to scale.
At a substantial size of production, the managerial cost per unit of output may rise, however the technical or production economies more than balance the administrative diseconomies so that the aggregate long-run normal expense does not rise or may even fall consistently, however at a little rate. Therefore the empirical proof accumulated by business analysts lately does not demonstrate U-shaped long-run average cost curve. As per the conventional theory, the long-run average cost curve is likewise "U" shaped like the short run average cost curve. In any case, a few economists have found from observational study that the LAC bend is L shaped as opposed to being "U" shaped .The LAC bends first fall quickly in the first place. However, after a point it turns out to be completely level or may inclines descending gradually.
Structural Unemployment A more drawn out enduring manifestation of unemployment created by central moves in an economy. Structural unemployment happens for various reasons – specialists may fail to offer the imperative JOB aptitudes, or they may live a long way from districts where employments are accessible yet are not able to move there. On the other hand they might essentially be unwilling to work on the grounds that current compensation levels are excessively low. So while occupations are accessible, there is a genuine befuddle between what organizations need and what laborers can offer. Structural unemployment is exacerbated by incidental components, for example, engineering, rivalry and government approach.