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For Each of the Following Types of Business,indicate Why the Manager

question 141

Essay

For each of the following types of business,indicate why the manager needs to know the unit cost information.
 Managers of a  Need to know the cost to  Bakery  Computer  manufacturer  Bank  Seamstress \begin{array} { | l | l | } \hline \text { Managers of a } & \text { Need to know the cost to } \\\hline \text { Bakery } & \\\hline \text { Computer } & \\\text { manufacturer } & \\\hline \text { Bank } & \\\hline \text { Seamstress } & \\\hline\end{array}


Definitions:

Power Distance

The degree to which a culture accepts unequal distribution of power.

Inequality

The uneven distribution or imbalance of resources, opportunities, and rights among individuals or groups, leading to disparities in wealth, status, and power.

Formality

The degree to which activities, procedures, or operations are structured and officially sanctioned.

Guanxi

The Chinese practice of building networks for social exchange.

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