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What is the step cost example?
At a production of 500 or 750 pens, only one machine is required. At a production of 1,500 pens, the total cost is $30,000 ($15,000 x 2 machines). Therefo...
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Why is an IT manager Important?
That means that the job of the IT manager is not only required but also must be enhanced to meet the demands of a changing world. The IT manager will also...
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What are the managerial uses of break-even concept?
Break-even analysis tells you how many units of a product must be sold to cover the fixed and variable costs of production. The break-even point is consid...
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When a society chooses to use a resource for one purpose instead of another this is the cost involved?
In order to use a scarce resource, you are inherently using the resource for one purpose and not an alternative. The cost of using a resource is called th...
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How many jobs are lost due to technology?
U.S. Lost Over 60 Million Jobs—Now Robots, Tech And Artificial Intelligence Will Take Millions More. I write actionable interview, career and salary advic...
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Is multidisciplinary and interdisciplinary same?
Multidisciplinary: people from different disciplines working together, each drawing on their disciplinary knowledge. Interdisciplinary: integrating knowle...
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Can you redeem IHG points for cash?
Unfortunately, the only cash redemption option IHG offers for Rewards Club points is gift cards. If you choose to redeem your points this way, you’ll only...
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What do you call a person who hires people?
What is a hiring person called? In English, a person who makes the hiring decision is the hiring manager. The hiring manager selects among the shortlisted...
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What license type requires a bond?
The State of California (California Department of Motor Vehicles) requires motorcycle dealers, motorcycle lessor-retailers, ATV dealers, and wholesale-onl...
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Why do pirates say pieces of eight?
Unlike today, cutting money was not illegal. In fact, it was expected that to make change people literally cut the coins into eight pieces, or “bits.” Hen...
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