Bruce owns a cooperative project with two other members. any member that chooses to put in a full day of work faces a cost of £50 but produces a total income of £120, which is shared amongst the three. so, for example, if bruce and one other member do a full day of work, then the income per member is (£120 x 2)/3 = £80, leaving bruce with a net income of £80 - £50 = £30. assume that a member must either put in a full day of work or none at all. based on this information, we can conclude that:

How does knowing about supply and demand

Suppose that a firm is considering moving from a batch process to an assembly-line process to better meet evolving market needs. what concerns might the following functions have about this proposed process change: marketing, finance, human resources, accounting, and information systems?

Sunset foods relies on a highly centralized functional structure to ensure consistency in the quality and taste of its products and to drive down costs via process innovations. however, as a consequence of its highly compartmentalized structure, the firm has found it difficult to transfer information and ideas from one department to the next. with the launch of its new line of breakfast foods coming up, how can sunset improve its ability to collaborate without sacrificing the benefits of its current structure