Who became the first black female ceo of a fortune 500 company?.

Answers

Answer 1

Ursula Burns became the first black female CEO of a Fortune 500 company in 2009 when she was appointed as CEO of Xerox Corporation.

What is a CEO?

A CEO, also known as a chief executive officer, is the highest-ranking executive in an organization. The CEO is responsible for making major corporate decisions, managing the company's overall resources, and developing and implementing strategic plans. The CEO reports to the company's board of directors and is responsible for ensuring that the company achieves its financial goals and objectives. In short, the CEO is the head of the company, responsible for its overall success or failure.

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Related Questions

The news industry's __________ may have contributed to donald trump's victory in 2016.

Answers

The news industry's coverage and portrayal of Donald Trump may have contributed to his victory in 2016. Here's a step-by-step explanation: News Industry Influence: The news industry, including television, print, and online media, has a significant influence on public opinion and political discourse.

Media Coverage: During the 2016 presidential campaign, news outlets provided extensive coverage of Donald Trump's campaign, often focusing on his controversial statements and actions. Attention and Exposure: Trump's frequent appearance in the news increased his visibility and name recognition among voters, which may have helped him gain support.
Populist Appeal: Trump's unconventional and outspoken style appealed to certain segments of the population who felt disillusioned with traditional politics. Media Bias: Some argue that certain news outlets displayed bias against Trump, which may have reinforced his appeal to his supporters who felt he was being unfairly targeted.Social Media Amplification.

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A company's balance sheet shows: cash $26,000, accounts receivable $18,000, office equipment $52,000, and accounts payable $19,000. what is the amount of total equity?

Answers

Total equity refers to the net worth or ownership interest of the shareholders in a company. The value of Total Equity is $77,000.The amount of total equity can be calculated by subtracting the total liabilities from the total assets.

In this case, the total assets would be the sum of cash ($26,000), accounts receivable ($18,000), and office equipment ($52,000), which equals $96,000. The total liabilities, in this case, are the accounts payable ($19,000).

To determine the amount of total equity, we need additional information. The formula for calculating total equity is:

Total Equity = Total Assets - Total Liabilities

we get $96,000 - $19,000 = $77,000.

Therefore, the amount of total equity is $77,000.

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Given the following: lifo method 250 units left in inventory beginning inventory 200 units at $6 $1,200 purchases: april 10 400 units at $7 $2,800 may 15 250 units at $7 $1,600 july 9 200 units at $8 $1,600 october 8 100 units at $11 $1,100 the cost of ending inventory is: multiple choice $1,550 $2,300 $1,200 $3,200

Answers

The cost of ending inventory is $1550 using the last in first out method.

"Last-In, First-Out" is an abbreviation for LIFO. It is a method for computing the cost of products sold that supports the cost flow hypotheses. The premise of the LIFO technique is that the most recent things added to a company's inventory have already been sold.

Using the LIFO method, we have to calculate the cost of ending inventory.

First inventory units was 200, at the cost of $6.

200*$6=$1200

The next set of units purchased is at the cost of $7 per unit, we are left with 250 units, so we take the 50 units from the second set of the purchase.

50*$7=$350

So the value of the $1200+$350=$1550.

Therefore, the value of the ending inventory is $1550.

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Which does branding accomplish

Answers

Answer:

A. creates a positive association

Explanation:

Can Some people give me brainliest I'll give ya'll all my points when I see it

Answers

Answer:

Explanation: why u delete all your questions that u answered for me?

if the fed increases the discount rate. which accurately describes the sequence of events theat will follow in the banking system

Answers

When the Fed raises the discount rate, it will give banks less money, which will cause the money supply to shift to the left. This is due to the fact that banks must pay more to borrow money from the Fed when the discount rate is greater.

The amount of money in circulation in the economy reduces if the Fed raises the discount rate because banks are dissuaded from borrowing from the Fed. The interest rate on the loans the Fed makes to banks is known as the discount rate.

When the Fed increases the discount rate, less reserves are held, which results in a reduction in the money supply. When the Fed wishes to reduce the money supply, it can raise the discount rate.

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In a growing industry, the mean number of hours of productivity lost by employees per week due to online social media engagement is 10 hours, with a standard deviation of 1.9 hours. Note: Assume the population data is normally distributed. a. What is the probability that an employee will lose more than 12 hours of a. What is the probability that an employee will lose more than 12 hours of productivity due to online social media engagement? P(X>12)= Round to four decimal places if necessary Round to four decimal places if necessary b. What is the probability that 8 employees will lose more than 11 hours of prodüctivity due to online social media engagement? P(
X
>11)= Round to four decimal places if necessary

Answers

The mean number of hours of productivity lost by employees per week due to online social media engagement in a growing industry is 10 hours, with a standard deviation of 1.9 hours.

Let's solve the given problems:

a) What is the probability that an employee will lose more than 12 hours of productivity due to online social media engagement?

P(X > 12)The formula for calculating the Z-value is given by:

Z=(X- μ)/ σ

Where, X = 12 hours

μ = 10 hours

σ = 1.9 hours

Now, we substitute the given values in the formula and get,

Z=(X- μ)/ σ

Z=(12- 10)/ 1.9

Z= 1.05

Using the Z-table, we find the probability that an employee will lose more than 12 hours of productivity due to online social media engagement as

P(X > 12) = P(Z > 1.05)

= 0.1469

Therefore, the probability that an employee will lose more than 12 hours of productivity due to online social media engagement is 0.1469 (rounded to four decimal places).

b) What is the probability that 8 employees will lose more than 11 hours of productivity due to online social media engagement?

Here, n = 8

X = 11 hours

μ = 10 hours

σ = 1.9 hours

The formula for calculating the Z-value is given by:

Z=(X - μ)/ (σ/ √n)

Now, we substitute the given values in the formula and get,

Z = (X - μ) / (σ / √n)

Z = (11 - 10) / (1.9 / √8)

Z = 1.53

Using the Z-table, we find the probability that eight employees will lose more than 11 hours of productivity due to online social media engagement as

P(X > 11) = P(Z > 1.53)

= 0.0636

Therefore, the probability that eight employees will lose more than 11 hours of productivity due to online social media engagement is 0.0636 (rounded to four decimal places).

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In order for money to work properly, the different pieces of currency in an economy should look similar to each other. This is an element of which characteristic of money?

A.) Limited supply
B.) Divisibility
C.) Acceptability
D.) Uniformity

Answers

Answer:

D.) Uniformity

Explanation:

I just did it it was correct and this is just if you need a second opinion.

In order for money to work correctly, the different pieces of currency in an economy should look similar to each other. This is an element of the Uniformity of money. Hence, Option D is correct.

What is currency?

When a person wants to market or wants to purchase anything, it can be for self, or for a family member or for a friend, or for anyone else, they have to pay a certain amount of money and that money is known as the currency. Just like each nation has its own language, similarly, they also have its own currency.

For instance, if a person wants to buy or purchase anything in India, they have to use the Indian Rupee which is the currency of India, If one is in Saudi Arabia, they will use Saudi Riyal, and many more. There is a market which is known as the free market, in that market gold is also considered a currency. For smooth functioning of the currency, there should be uniformity of money.

Thus, Option D is correct.

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1. Process costing is most appropriate when manufacturing large batches of homogenous products. true or false

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The statement is true because process costing is a method used to determine the cost of producing a product in a continuous manufacturing process, where large quantities of identical or similar products are produced.

Process costing is a method of cost accounting used in industries that produce large quantities of identical or similar products in a continuous flow, such as chemical processing, food production, or oil refining. It is used to allocate the costs of direct materials, direct labor, and overhead to each unit produced, based on the average cost of the entire production process.

This method is best suited for industries that produce homogenous products because it is difficult to trace the costs of individual products that are mixed together during the production process.

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When a college won the badminton championship, the Student Congress sold championship memorabilia. They set up a booth in the Student Center and sold championship sweatshirts, T-shirts, and caps. The sweatshirts sold for $26, the T-shirts for $12, and the caps for $8. The total number of these items was 190, and if all were sold then the Student Congress would receive $3016. At the end of the first day, they were pleased to learn they had sold three fourths of the sweatshirts, half of the T-shirts, and a fourth of the caps for a total of 101 items. Determine how many of each item they started with.

Answers

The initial number of sweatshirts, T-shirts, and caps were 75, 68, and 44 respectively. Let's determine:

Let's assume the number of sweatshirts, T-shirts, and caps initially available were represented by variables S, T, and C respectively.

From the given information, we can set up the following equations:

S + T + C = 190 (total number of items)

26S + 12T + 8C = 3016 (total revenue generated)

We also know that at the end of the first day, they sold three-fourths of the sweatshirts, half of the T-shirts, and a fourth of the caps, totaling 101 items:

(3/4)S + (1/2)T + (1/4)C = 101

To solve these equations, we can use a method called substitution.

From equation 3, we can express S in terms of T and C:

S = (4/3)(101 - (1/2)T - (1/4)C)

Substituting this value of S in equations 1 and 2, we get:

(4/3)(101 - (1/2)T - (1/4)C) + T + C = 190 ...[equation A]

26[(4/3)(101 - (1/2)T - (1/4)C)] + 12T + 8C = 3016 ...[equation B]

Simplifying equation A, we get:

(404/3) - (2/3)T - (1/3)C + T + C = 190

(1/3)T + (2/3)C = (404/3) - 190

(1/3)T + (2/3)C = (404 - 570)/3

(1/3)T + (2/3)C = (-166/3) ...[equation C]

Now we can solve equations C and B simultaneously to find the values of T and C.

Multiplying equation C by 26/3, we get:

(26/3)(1/3)T + (26/3)(2/3)C = (26/3)(-166/3)

(26/9)T + (52/9)C = -572/9 ...[equation D]

Subtracting equation D from equation B, we get:

26[(4/3)(101 - (1/2)T - (1/4)C)] + 12T + 8C - [(26/9)T + (52/9)C] = 3016 - (-572/9)

[(416/3) - (26/6)T - (13/6)C] + 12T + 8C - (26/9)T - (52/9)C = (27144/9) + (572/9)

[(416 - 52/3 - 26/6)T + (8 - 52/9)C = (27716 + 572)/9

(414/3)T + (58/9)C = (28288/9)

(138/3)T + (58/9)C = (28288/9)

(46/3)T + (58/9)C = (28288/9) ...[equation E]

Equations D and E can now be solved simultaneously to find the values of T and C.

By solving equations D and E, we find T = 68 and C = 44.

Now we can substitute the values of T and C into equation 3 to find the value of S:

(3/4)S + (1/2)(68) + (1/4)(44) = 101

(3/4)S + 34 + 11 = 101

(3/4)S = 56

S = (4/3)(56)

S = 75

Therefore, the initial number of sweatshirts, T-shirts, and caps were 75, 68, and 44 respectively.

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What is the woman in white being pressured to do at the beginning of the film?

Answers

Marry At the opening of the movie, the woman in white being pressured is Dr. Bates.

Lemuel Gulliver, a surgeon and sea captain who travels to distant parts of the world, tells the story of four adventures in Gulliver's Travels, a first-person narrative. The major antagonist of the 2010 fantasy adventure comedy film Gulliver's Travels, which is based on the 18th-century novel of the same name by Jonathan Swift, is General Edward Edwardian (also known as General Edward or Edward). The Brobdingnagians are enormous; on average, they stand 60 feet tall, and their lands and creatures are as enormous. Due to Gulliver's extreme vulnerability in this society, it becomes reasonable that the satire progressively focuses on the brittleness (and grotesqueness) of the human body.

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Calvin purchased 2 fish bowls full of goldfish and 3 goldfish in a single bag. Each bowl had 6 fish in it. How many goldfish did Calvin buy? Calculate the number of fish in 1 bowl and in the bag together. Divide that number by the number of bowls. Calculate how many goldfish are in 2 fish bowls. Add that number to the number of fish in the bag. Calculate how many more goldfish are in a bowl than the bag. Multiply that number by the number of bowls. Calculate how many fish bowls there are. Add that number to the number of fish in the bag.

Answers

Answer:

How many goldfish did Calvin buy?

(2 bowls x 6 goldfish) + 3 goldfish in a bag = 15 goldfish

Calculate the number of fish in 1 bowl and in the bag together.

(1 bowls x 6 goldfish) + 3 goldfish in a bag = 9 goldfish

Divide that number by the number of bowls.

9 goldfish / 2 bowls = 4.5 goldfish

Calculate how many goldfish are in 2 fish bowls.

2 bowls x 6 goldfish = 12 goldfish

Add that number to the number of fish in the bag.

12 goldfish + 3 goldfish = 15 goldfish

Calculate how many more goldfish are in a bowl than the bag.

6 goldfish - 3 goldfish = 3 goldfish more in a bowl than in a bag

Multiply that number by the number of bowls.

3 goldfish x 2 = 6 goldfish

Calculate how many fish bowls there are.

2 fish bowls

Add that number to the number of fish in the bag.

2 + 3 = 5

A price ceiling A. is an illegal price. B. is the maximum price that can legally be charged. C. is the price that exists in a black market. D. Both answers A and B are correct. E. Both answers B and C are correct.

Answers

Answer:

The correct answer is the option B: is the maximun price that can legally be charged.

Explanation:

To begin with, the concept known as "price ceiling" in the economics field refers to the practice that the government uses in order to establish a maximun price that is the one that can be legally charged to the consumers regarding certain products. This policy comprehends an instrument for the government that it uses it with the purpose to guarantee particular products or services that might be essential to the society so therefore the people can buy it.

well apparently i have 25 points here u go

Answers

Answer:

thank you

Explanation:

you so niceee

Answer:

ez

Explanation:

which of the following transactions results in an increase in both net income and stockholder equity a. Collecting cash from a customer for services to be provided in the future Ob. The accrual of interest expense year-end c. Paying cash to acquire a six-month insurance policy d. Adjustment of the unearned revenue account for revenue earned during the period

Answers

Out of the given transactions, the only one that results in an increase in both net income and stockholder equity is d. Adjustment of the unearned revenue account for revenue earned during the period.

When a company receives payment for services that are yet to be provided, it records it as unearned revenue on the balance sheet. As the services are provided, the company recognizes the revenue earned and reduces the unearned revenue account. This adjustment results in an increase in both net income and stockholder equity.

On the other hand, collecting cash from a customer for services to be provided in the future does not result in an increase in net income or stockholder equity because the services are yet to be provided. The cash received is recorded as a liability on the balance sheet.

The accrual of interest expense at year-end does not result in an increase in stockholder equity because it is an expense that reduces net income. It only affects the income statement and not the balance sheet.

Similarly, paying cash to acquire a six-month insurance policy does not result in an increase in stockholder equity because it is a payment for a future expense. The payment is recorded as an asset on the balance sheet, and the expense will be recognized over the six-month period.

Therefore, the only transaction that results in an increase in both net income and stockholder equity is the adjustment of the unearned revenue account for revenue earned during the period.

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Production is the process where a business takes raw materials and processes or converts them into finished ______ or services.

a. customers

b. services

c. goods

Answers

Production is the process where a business takes raw materials and processes or converts them into finished goods or services. In this context, the correct answer is C. goods.

When raw materials are transformed into finished goods, it means they have undergone a series of manufacturing processes. For example, a car manufacturer takes steel, rubber, and other components as raw materials and uses them to produce a finished car. Similarly, a bakery converts flour, sugar, and other ingredients into finished baked goods like bread and cakes.

In the case of services, production refers to the process of creating intangible offerings. For instance, a hair salon provides haircuts, a hospital offers medical treatments, and a software company develops computer programs. However, services are not considered goods because they do not involve the physical transformation of raw materials.

To summarize, production is the process of transforming raw materials into finished goods or providing intangible services. In the given question, the correct option is c. goods.

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Determining the needed requirements and desired requirements are both part of what project management phase? (a) planning Ob) organizing Oc) monitoring d) adjusting

Answers

(a) Planning. Determining the needed and desired requirements is an essential part of the planning phase in project management, where project managers gather information and define project objectives to establish a roadmap for successful project completion.

Determining the needed requirements and desired requirements are part of the planning phase in project management. During this phase, project managers gather information, define project objectives, and identify the specific requirements that need to be met in order to successfully complete the project. This includes identifying the essential requirements that are necessary for project success (needed requirements) as well as additional requirements that are desirable but not critical (desired requirements). By determining these requirements during the planning phase, project managers can create a roadmap for the project and establish the necessary resources and strategies to meet those requirements.

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(1) State which marketing environment affected Xerox's operation. (1mks)

(b) From your answer above, discuss which specific area from that particular enviroment affected how Xerox conducted business. (5mks)

Answers

Answer a:

Clearly, Xerox had one major issue concerning its marketing environment.

Due to technological changes, i's primary market was shifting and changing. Xerox didn't see it. Perhaps they did and decided it (the changes that is) not

Explanation:

One keyword or practice or culture or capability that was missing in Xerox was adaptability. Had they envisaged the future and created some internal structure to gradually cater to the changing requirements of their client base, they'd probably still be in business today.

So in a way, it wasn't really the change in the market that affected Xerox. It was Xerox' inability to respond to such changes that did it in. At some point, it became apparent to investors that Xerox was incapable to move with the next tide. They withdrew their funds, sold their shares and the rest is history.

Answer b:

The major area that affected how Xerox conducted business is the technology enviriomment.

Explanation

Due to the availability of technology which made it possible, peoples mindset were beginning to shift from keeping hard copies and or duplicating them to keeping electronic copies.

Two things made this idea very attractive:

1. It reduced cost greatly. In every era, cost reduction has always been an attractive business proposition for companies in any sector or subsector. As firms discovered they could cut down by keeping electronic copies of their documents, the idea quickly caught on. And so did the profits made by the renowned copier decline.

2. Another factor strenghtened the decline in making and keeping hard copies of documents is the ideology that the more papers we made, the more we were damaging our environment.

Companies that quickly adjusted even used their paper reduction efforts as a unique selling marketing proposition.

Cheers

Select the correct answer.
Kruger Trading Inc. buys goods on credit. In which two accounts will the company post this transaction after entering it into the journal?

Answers

Answer:

с. Purchases and Creditors

Multiple choices

A. Goods and Cash

В.Goods and Creditors

с. Purchases and Creditors

D.Purchases and Cash

Explanation:

The purchase account is used to record purchased goods. Accountants and bookkeepers usually do not operate a goods account. When goods are purchased, they increase the purchases account.

Purchased goods are either paid in cash or on credit. Cash purchases reduce cash held in the business and are recorded in the cash account. Credit purchases increase liabilities and are recorded in the creditor's accounts.

What is entrepreneur?

Answers

Answer:

someone who is willing to take the necessary risk and uncertainties associated with setting up and managing a business or enterprise

Answer:

Someone who has they're own business. For example, my dad, he made a small company after he left the military called Triple L and he does different things like land work

Explanation:

You need to be sure that the prices chosen for each room type are:

Answers

Attracting visitors looking for a good deal, High enough to cover costs and turn a profit, competitive with nearby motels.

What class of hotel is it?

Hotels can be divided into several categories, including those based on their size, location, services, star rating, and facilities. The most prevalent classifications for hotels are property type and service level (full or limited) (full-service resort, limited-service hotel, and so on).

How do basic and standard rooms differ?

Basic lodgings are similarly small but marginally larger than a budget, and they have a window with a restricted outlook. For instance, standard rooms are more roomy and come with a view of the city. Budget, basic, and standard lodgings are small in size, and the same is true of the restrooms.

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Question:

When setting room rates in a hotel, what are the factors to consider to ensure that the prices chosen for each room type are:

Appealing to guests shopping for good value

Competitive with neighborhood hotels

High enough to cover costs and create profit

Chrome,Edge,Safari,and Firefox are all

Chrome,Edge,Safari,and Firefox are all

Answers

Answer:

Web-browsers

Explanation:

Answer:

Search engines

Explanation:

Of these common qualifications for Energy careers, select those you already have, or would like to gain. Check all that apply.

mechanical knowledge
computer skills
critical-thinking skills
concentration skills
physical stamina
teamwork and communication skills
math skills

Answers

Of these common qualifications for Energy careers, those skills one would like to gain are:

A. mechanical knowledgeB. computer skillsC. critical-thinking skillsD. concentration skillsF. teamwork and communication skillsG. math skills.

What skills are important required in the energy sector?

Some example of career in energy sector are welder, transmission system operator, wind turbine technician, electrician, surveying technician, water treatment specialist, nuclear power reactor operator, solar panel installer.

The skills that are most attractive to the energy industry include communication, leadership and management and those suitable for project-based working. It is a very dynamic industry where hard graft, team work and understanding of social and environmental responsibilities is expected.

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what is the mean (expected) annual gain for a policy of this type? in other words, what is the mean of x?

Answers

The mean (expected) annual gain for a policy of this type is the average amount of money that policyholders can expect to receive each year from their policy.

This mean value is obtained by summing up all the possible annual gains and dividing the total by the number of possible gains. This calculation is useful for understanding the long-term financial benefits of a policy and for determining its overall value.

In the context of insurance, the mean annual gain can be influenced by a variety of factors, including the policyholder's age, health, lifestyle, and other risk factors. Insurance companies use actuarial science to determine these factors and calculate the expected value of a policy.

By doing so, they can determine the premiums that policyholders must pay to maintain their coverage.
It is important to note that the mean annual gain is only an average, and individual policyholders may receive more or less than this amount depending on their specific circumstances.

Nonetheless, it provides a useful benchmark for evaluating the value of insurance policies and making informed financial decisions.

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Chyou has heard that gas appliances are cheaper to use and can lower utility costs. She is interested in purchasing a new gas dryer to replace her electric dryer. Assuming that the dryer drys one load per day, use the following chart to determine how much Chyou will save each year in utility costs by purchasing the gas appliance.

Chyou has heard that gas appliances are cheaper to use and can lower utility costs. She is interested

Answers

Answer:

Its b 105.85

Explanation:

It just is break it down

Answer:

B.

Explanation:

The title of this talk is “Profit’s Not Always the Point.” But do you think profit is an added perk for companies that make the effort to promote positive social change? Explain.

Answers

yes, no matter what company say, they need money for funding for "social change"

Given that bearclaws chooses the profit-maximizing price and quantity, what profit level will it obtain? a. $980. B. $490. C. $700. D. $280

Answers

Given that bearclaws chooses the profit-maximizing price and quantity, yhe profit level will it obtain is D. $280

How to calculate the amount

A monopoly maximizes its profit at the quantity where marginal revenue (MR) = marginal cost (MC). As shown in the diagram, the MR curve intersects the MC curve at Q* = 70. The total revenue is calculated as follows: TR = P × Q. At Q* = 70, the price that Bearclaws can charge is P = $14.

Hence, the total revenue at the quantity where Bearclaw maximizes profit is given by: TR = 14 × 70

= $980.

The total cost is calculated as follows: TC = ATC × Q. At Q* = 70, we can see on the diagram that it is where average total cost (ATC) = $10 (draw a straight line from ATC curve at Q = 70 to the P axis to see this value). Hence, the total cost at the quantity where Bearclaw maximizes profit is given by: TC = 10 × 70 = $700.

The profit is calculated as follows:

Profit = TR - TC = 980 - 700

= $280.

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Given that bearclaws chooses the profit-maximizing price and quantity, what profit level will it obtain?

If country A has a comparative advantage in the production of good X over country B, then: _______________

a. country A should not trade with country B.
b. the domestic opportunity cost of producing X in country A is higher than in country B.
c. the domestic opportunity cost of producing X in country A is lower than in country B.
d. the domestic opportunity cost of producing X in country A is higher or lower than in country B.

Answers

Considering the situation described above, if country A has a comparative advantage in producing good X over country B, then: the domestic opportunity cost of producing X in country A is lower than in country B.

What is Opportunity Cost?

Opportunity cost is often used in economics to describe the profit lost when one choice or option is taken over another.

What is Comparative Advantage?

Comparative Advantage is the term used to describe the economy's capacity to produce a specific good or service at a lower opportunity cost than its trading competitors.

Therefore, given that country A has a comparative advantage in producing good X over country B, this equates to country A having a lower opportunity cost than country B.

Hence, in this case, it is concluded that the correct answer is option C.

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Find the final discount date and the net payment date for an invoice dated June 14 with terms of 3/10, net 20.
The final discount date is
(Type whole numbers.)

Answers

According to the given data, the final discount date is June 24 and the net payment date is July 4.

What do you mean by  final discount date?

Discount date is the date that comes ten (10) days after the bill's due date, unless another date is specified in the contract. The discount date is the final day that net rates can be applied to water and/or sewer charges.

The time frame during which an invoice must be fully paid in order to receive a reduction in the amount owed is known as the discount period.

Here,

Calculation of the final discount date:

Final discount date = June 14 + 10 days

Final discount date = June 24

Calculation of Net payment date:

Net payment date = June 14 + 20 days

Net Payment date = July 4

Therefore, through the data,  the final discount date is June 24 and the net payment date is July 4.

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Explain the degree to which least-cost theory predicts the local site-selection factors for the location of multinational service industry corporate offices

Answers

Least-cost theory predicts industrial locations because it entails selection based on the availability of natural resources.

What is Least-cost theory?

This states that the location of a processing plant will be in an area that ensures the lowest cost of production processes.

The availability of natural resources such as water, raw materials etc will ensure that cost of production is minimized.

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