Thinking of the Middle East, identify where you encounter products, services, or food items that should...

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Accounting

Thinking of the Middle East, identify where you encounterproducts, services, or food items that should be relatively uniformand are based on standard inputs or costs. Identify the items,their standard components, and what the standards would probably befor each item.
For example, the standard direct materials for a hamburger at afast food restaurant might include a bun, a hamburger patty, oneteaspoon of ketchup, one teaspoon of mustard, two pickles and onepiece of paper for wrapping. The standard direct labor input mightbe 30 seconds per hamburger.
Do you think it is beneficial for companies to assign standards,or does it create unreasonable pressure on employees to comply withthe standards? What should managers do if they see that employeesare not meeting the direct material or direct labor standards? Whatdo you see as the pros and cons of having standards?
i need an elaborated answer please.

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3.9 Ratings (489 Votes)

There are lot of markets in which uniform products are made such as the manufacturing market of groceries where standard amounts of inputs are used to prepare a products such as Coca Cola Baverage Packed Eatables etc 1 It may and may not be beneficial for a company to assign standards Sometimes it may also create unreasonable See Answer

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Thinking of the Middle East, identify where you encounterproducts, services, or food items that should be relatively uniformand are based on standard inputs or costs. Identify the items,their standard components, and what the standards would probably befor each item.For example, the standard direct materials for a hamburger at afast food restaurant might include a bun, a hamburger patty, oneteaspoon of ketchup, one teaspoon of mustard, two pickles and onepiece of paper for wrapping. The standard direct labor input mightbe 30 seconds per hamburger.Do you think it is beneficial for companies to assign standards,or does it create unreasonable pressure on employees to comply withthe standards? What should managers do if they see that employeesare not meeting the direct material or direct labor standards? Whatdo you see as the pros and cons of having standards?i need an elaborated answer please.