Business High School

Question 27 (1 point)
The relationship between the amount of inputs and outputs is known as

Answers

Answer 1

Answer:

A production function

Explanation:

A production function shows the relationship between the physical quantity output and the input of a good produced. It is the technical relationship between the physical output and physical input of a good. The production function is expressed as a mathematical function that relates inputs in numbers and their effect on output numbers.

Related Questions

What is the first step in diffusing a conflict with an angered customer?
A. elevate the problem to the appropriate person
B. document the situation for analysis
C. assess the situation
D. let the customer vent​

Answers

...........The answer is C

When are conflict resolution skills required in the consumer service industry?
A. When the customer service representative is following up with a customer after their Issue has been resolved.
B. When the customer service representative has personally offended the customer
C. Any time a customer requires assistance from a customer service representative.
D. When the customer is not in a frame of mind to begin the assessment phase of customer service.​

Answers

Answer:

C

Explanation:

..

Answer:

When the customer is not in a frame of mind to begin the assessment phase of customer service.

Explanation:

why is auditor important​

Answers

Answer:

Auditors provide assurance of an organization's financial statements from an objective and independent opinion. It benifets the company by maintaining consistency, finding errors in their processing, or detecting fraud.

Auditors are important because it provides assurance to investors and creditors that company funds are handled appropriately. Auditors protect the public from investing in companies that use corrupt business practices or that attempt to defraud investors with false financial statements.

Do you think business practices will become standardized across cultures as the global marketplace continues to flourish? Why or why not?

Answers

Answer:

Most likely yes

Explanation:

Business practices do depend on local cultures, but they are also very sensitive to standardization since business across the world have the base basic objective: to increase economic value, and this value is measurable.

As globalization advances, firms all over the world will seek the best financial, operative, and human resource practices in order to increase economic value, and this practices will be available to a global audience mainly in the form of quantitative data and strategies that can be adapted to any firm no matter where it is located.

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