How are learning curves useful in financial planning?
What will be an ideal response?
Learning curves help the financial planner determine the amount of cash needed to finance operations and provide a basis for comparing prices and costs. They can be used to help determine a contract price by identifying the average direct labor cost per unit.
You might also like to view...
How is positive organizational behavior and high-involvement management related?
What will be an ideal response?
The Employment at Will Doctrine is:
a. the starting point for any analysis of an employment issue b. the rule, unless the parties have an employment contract c. the rule, unless the parties have signed a collective bargaining agreement d. all of the above
Lisa works for Sally. Lisa's jobs include selling the folk-art Santa Claus statutes that Sally hand-makes, as well as purchasing the wood for the statutes. In this case Lisa is:
a. a servant only b. an agent only c. an independent operator d. a servant and an agent e. a master
Under a shareholder model, managers' primary obligation is to act in the best interests of:
A. Customers B. The shareholders or owners C. Themselves D. Society