Answer:
a. containerization
Explanation:
The containerization is defined as the system which uses intermodel containers for freight transport. By this methods, each container is considered an unit of product instead of smaller parts. The transport between shipment methods would be facilitated without affecting to commodities inside each containers. In addition, when many products are in the containers, the quantity of parcel can be easily controller. The standardized dimensions of containers used can help the exporter, importer or transporter easily make plan about shipment by different means.
A bank's balance sheet
A) shows that total assets equal total liabilities plus equity capital.
B) lists sources and uses of bank funds.
C) indicates whether or not the bank is profitable.
D) does all of the above.
E) does only A and B of the above.
Answer:
C) indicates whether or not the bank is profitable.
Explanation:
A perpetual inventory system: a) Requires a computer system to handle all of the transactions. b) Updates the inventory balances every period (say every week). c) Tracks inventory balances with every receipt and every withdrawal of inventory. d) Updates inventory balances almost every second of every day.
Answer:
In this case, the correct answer would be option c) given in the answer options or Tracks inventory balances with every receipt and every withdrawal of inventory.Explanation:
In Accounting and Economics, perpetual inventory system involves the calculation or updation of the inventory count or record for every individual individual inventory transaction.Whenever a good is withdrawn or purchased from the inventory or dded to the inventory for later purchase or consumption, it is immediately recorded or updated under a perpetual inventory system.Hence, perpetual inventory system requires the updates of the inventory record or count immediately after any good is purchased, sold or added into the inventory.The final sale of any good from the inventory is recorded as a sales revenue for the concerned firm or company and any purchase of any good by the company for future sale which is added into the inventory is generally recorded as the cost of goods sold account.Suppose the manager agrees to pay each employee a $50 bonus if they meet a certain goal. on a typical saturday, the oil-change facility will perform 35 oil changes between 10
a.m. and 12 p.m. treating this as a random sample, at what mean oil-change time would there be a 10% chance of being at or below? this will be the goal established by the manager.
Answer:
Incomplete question
First aspect of the question is typed below.
The shape of the distribution of the time required to get an oil change at a 20-minute oil-change facility
is unknown. However, records indicate that the mean time is 2l.2-minutes, and the standard deviation 3.5 minutes.
Explanation:
Employees bonus $50
35 oil changes between 10:00 am to 12:00pm
n = 35
10% changes
So, the z - score can be calculated using
z-score = InvNorm(0.10)
z-score = -1.28
So, given that,
Standard deviation is 3.5minutes
σ = 3.5 minutes
Mean time is 21.2 minutes
μx = 21.2 minutes
Then,
σx = σ / √n
σx = 3.5 / √35
σx = 0.5916 minutes
Then, Z score can be written as
Z = (x - μx) / σx
-1.28 = (x - 21.2) / 0.5916
Cross multiply
-1.28 × 0.5916 = x - 21.2
-0.7573 = x - 21.2
x = 21.2 - 0.7573
x = 20.443 minutes
There is a 10% chance of being at or below a mean oil-change time of 20.44 minutes
A company has beginning inventory of 300 units at $ 5.25 each; They purchased 400 units at $ 6.00 each on June 2; On June 15, they also purchased 500 units at $6.75 each. A physical count of merchandise inventory at the end of the month revealed that 600 units were sold. What is the cost of goods sold using the weighted average inventory method? Round all answers to the nearest dollar. But as always do not round any intermediate calculations, only round your final answer. Group of answer choices $6.125 $3,975 $7,350 $3,675
Solution:
Beginning inventory of 300 units at $ 5.25 each
Purchased 400 units at $ 6.00
Purchased 500 units at $6.75 each
Now,
$5.25 + [($6 ÷ 400) × (600 - 300)] = $1,131
= ( $5.25 + 0.015 ) x 300
= 5.265 * 300
= $1580
If the Federal Reserve adopts an expansionary monetary policy, A) interest rates fall and credit is tight. B) interest rates rise and credit is tight. C) interest rates rise and credit is abundant. D) interest rates fall and credit is abundant.
Answer: interest rates fall and credit is abundant.(D)
Explanation:
Monetary policy is the macroeconomic policy used by the central bank of a country to achieve its macroeconomic objective such as full employment, economic growth, price stability etc. It involves the use of money supply and interest rate to control the economy.
Expansionary monetary policy is when a central bank uses interest rate and money supply to stimulate the economy. This is done by increasing the money supply, and lowering the interest rates. This leads to increase in aggregate demand and also boosts economic growth.
Answer:
interest rates fall and credit is abundant
Explanation:
The Federal Reserve's monetary policy is one of the ways in which the U.S. government tries to regulate the nation's economy by controlling the money supply. It needs to balance economic growth with increasing inflation. If it adopts an expansionary monetary policy, it increases economic growth but also accelerates the rate of inflation. If it adopts a contractionary monetary policy, it seeks to reduces inflation but also inhibits growth
When the Federal Reserve decreases the reserve ratio, it lowers the amount of cash that banks are required to hold in reserves, allowing them to make more loans to consumers and businesses. This increases the nation's money supply and expands the economy
Monetary policy is the macroeconomic policy used by the central bank of a country to achieve its macroeconomic objective such as full employment, economic growth, price stability etc. It involves the use of money supply and interest rate to control the economy.
Expansionary monetary policy is when a central bank uses interest rate and money supply to stimulate the economy. This is done by increasing the money supply, and lowering the interest rates. This leads to increase in aggregate demand and also boosts economic growth.
In its first month of operations, Sunland Company made three purchases of merchandise in the following sequence: (1) 200 units at $7, (2) 540 units at $8, and (3) 125 units at $9. Calculate the weighted-average unit cost.
The weighted-average unit cost is found by calculating the total cost of the items, and then dividing by the total number of units. The steps involve multiplying the number of units by their respective costs, adding these together to get a total cost, and then dividing this by the total number of units.
Explanation:The question is asking you to calculate the weighted-average unit cost. The weighted average cost is found by taking the total cost of items and dividing by the number of items. Specifically, for Sunland Company in its first month of operation, it made three purchases of merchandise:
200 units at $7, 540 units at $8, and 125 units at $9.
So, to find the total cost of the purchases, we have:
(200 units * $7) + (540 units * $8) + (125 units * $9)
Next, we calculate the total quantity of units, which is:
200 units + 540 units + 125 units
The weighted-average unit cost is then calculated by dividing the total cost by the total quantity of units.
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The weighted-average unit cost for Sunland Company's merchandise is $7.91 per unit, calculated by totaling the cost of all purchases ($6845), dividing it by the total units purchased (865 units).
The subject of this question is Business, as it involves calculating the weighted-average unit cost for inventory, which is a common task in accounting and finance. The student is in College based on the level of the question.
To calculate the weighted-average unit cost of the merchandise purchased by Sunland Company, you need to first calculate the total cost of all units purchased and then divide by the total number of units purchased. Here's the step-by-step calculation:
Multiply the number of units purchased by the unit cost for each of the three purchases:200 units \\times $7/unit = $1400540 units \\times $8/unit = $4320125 units \\times $9/unit = $1125Add up the total cost of all units purchased:Total Cost = $1400 + $4320 + $1125 = $6845Add up the total number of units purchased:Total Units = 200 + 540 + 125 = 865 unitsDivide the total cost by the total number of units to get the weighted-average unit cost:Weighted-Average Unit Cost = $6845 / 865 units = $7.91/unit (rounded up to two decimal places)Therefore, the weighted-average unit cost for Sunland Company's merchandise is $7.91 per unit.
In exhibit 15-7, if mr. brown pays out all of the proceeds of the loan to mr. john white who is going to make the renovations of the restaurant, the lower walloon national bank will now have: $6,000 in reserves, $4,000 in loans, and $10,000 in checkable deposits. $10,000 in reserves, $8,000 in loans, and $2,000 in checkable deposits. $2,000 in reserves, $4,000 in loans, and $10,000 in checkable deposits. $2,000 in reserves, $8,000 in loans, and $10,000 in checkable deposits. $0 in reserves, $8,000 in loans, and $10,000 in checkable deposits.
Answer:
The Lower Wallon National bank will have ;
$2000 reserve, $8000 in loans and $10,000 in checkable deposit.
Explanation:
To check for this, we are going solve it by saying;
The required reserve ratio = 20% so 20% of 10,000 = $2000 in reserve
10,000 - 2000 = $8000 in loans
$10,000 in checkable deposit.
therefore; $ 10,000 is in checkable deposit.
The goal of logistics is to provide a targeted level of service at the least or lowest possible cost. To achieve this​ goal
Answer:
Warehousing, inventory management, transportation, and logistics information management
Explanation:
Logistics is the process of acquiring resources, planning, executing the cost effective transportation and storage of goods from the point of origin to the point of consumption in a timely and efficient manner.
The goal of logistics is to provide a targeted level of service at the least or lowest possible cost and to achieve this you consider the following;
- Warehousing.
- Inventory management.
- Transportation.
- Logistics information management.
Collection of a $1,000 Accounts Receivable A. decreases a liability $1,000; increases stockholders' equity $1,000. B. has no effect on total assets. C. increases an asset $1,000; decreases stockholder's equity $1,000. D. increases an asset $1,000; decreases a liability $1,000.
Answer:
B. has no effect on total assets.
Explanation:
Both cash and accounts receivable are assets. When a sale is made on credit, the entries required are debit accounts receivable and credit revenue.
On receipt of cash, debit cash and credit accounts receivable.
Hence the collection of a $1,000 Accounts Receivable will have no effect on total assets as one asset was credited ( a reduction) while the other was debited(an increase) by the same amount.
Answer:
B) has no effect on total assets.
Explanation:
When an account receivable is collected, the following journal entry should be made:
Dr Cash 1,000
Cr Accounts receivable 1,000
Since both cash and accounts receivable are current assets, that transaction doesn't affect liabilities or equity, and doesn't change total assets either. Cash will increase while accounts receivable will decrease.
The General Fund reported a beginning balance of inventory of materials and supplies of $122,000. The ending balance was $150,000. Supplies purchased during the year totaled $600,000. The county uses the consumption method. The General Fund should report expenditures for materials and supplies for the year of:_________.A. $ 450,000 B. $ 572,000 C. $ 600,000 D. $ 628,000
Answer:
$572,000
Explanation:
Consumption refers to the utilization of goods and services. Consumption results in customer satisfaction. In accounting for inventory, the consumption approach considers only the products that have been consumed in a particular period.
The applicable formula is
consumption = beginning inventory + purchases - ending inventory
For general fund
Beginning inventory = $122,000
Purchases=$600,000
Ending balance = $150,000
Consumption = $122,000 + $600,000 - $150,000
consumption = $722,000-$150,000
=$572,000
An organization decides to ask three advertising agencies to pitch a proposal to handle the organization's business, instead of asking all of the advertising agencies in the city where this organization's headquarters is located to pitch the account. What type of decision does this represent?
Answer: Satisficing
Explanation:
The satisficing is one of the type of decision making process in which the it helps in making various types of effective decisions in an organization for the purpose of increase the profit and productivity of the company.
The main objective of satisficing approach is to form of the satisfactory or the ideal results as it helps in maintaining the growth of an organization.
According to the given question, the sacrificing is one of the type of decision that basically representing the given scenario an organization. Therefore, Satisficing is the correct answer.
The organization's choice to invite only three advertising agencies for a proposal reflects a tactical decision focused on how to implement the strategic goals of the organization and efficient resource management. It shows a balance between decision management and control, reflective of good governance. This also represents a nonprogrammed decision involving careful consideration of new information and alternatives.
The decision made by the organization to ask only three advertising agencies for proposals instead of all the agencies in the city is an example of a tactical decision. This kind of decision is about how things will get done and is focused on the implementation of broader strategic goals of the organization. By selectively approaching agencies, the organization is managing resources efficiently and making a concerted effort to choose a partner that aligns closely with its strategic ambitions. This kind of decision management helps in effectively allocating capital, labor, and ensures that the resources are directed towards appropriate users.
It is indicative of the organization's governance structure and demonstrates an approach similar to decision management and decision control where the latter involves monitoring and rewarding the performance of the decision made. This balance ensures that the organization chooses what is best for itself rather than what may be best for individual members or departments. In the context of centralized or decentralized decision-making, this approach seems to be a middle ground, avoiding the inefficiencies of extreme centralization and the lack of unified strategy that can come with extreme decentralization.
Given the following account balances at year end, how much are total intangible assets on the balance sheet of Alisha Enterprises?
Sales revenue, $45,000,000;
Cash, $1,500,000;
Copyrights, $500,000;
Accounts receivable, $4,000,000;
Land, $15,000,000;
Equipment, $25,000,000;
Trademarks, $1,000,000; and Goodwill, $4,500,000.
The company also paid $2,000,000 for research & development during the current year.
a. $11,500,000
b. $7,500,000
c. $5,500,000
d. $9,500,000
Answer:$6000000
Explanation:
Given
Trademarks 1,000,000
Goodwill 4,500,000
Copyrights 500,000
Total 6,000,000
Total intangible assets is $6,000,000
Intangible assets are the assets which cannot be touched or seen. In the above example the copyrights, trademarks and goodwill are intangible assets. While sales revenue, cash, land, equipment, accounts receivables are tangible assets. The amount paid for research and development is also tangible assets in the future when they turn into patents, copyrights or trademark they become as intangible assets.
10. Which of the following statements is TRUE? a. Assume that Josie has had this credit card for a year. The A.P.R. on her card will remain the same as long as she has the card. b. If Josie misses a payment during the Introductory Period, her late payment fee will be waived for this period since she is a new customer. c. Assume that Josie only uses her credit card to make purchases. She pays the balance on her credit card in full and on time every month. As a result, she pays no interest to the credit card company. d. Josie pays an annual fee to use this credit card.
A credit card is a credit facility provided to the customers by a bank to make payments. Josie is required to pay an annual fee for its usage.
What is a Credit Card?It is a plastic card issued usually by a bank, which facilitates its customers in making payments without having the actual money in the bank account, but the amount needs to be paid back to the bank on the due date.
The credit card companies charge a nominal annual fee for their maintenance. so option (d) an annual fee payment done by Josie for using the credit card is True.
Therefore, option d is true in regard to Credit Card.
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Only statement c is true, as credit card companies do not usually charge interest fees if the user pays their balance in full every month. APR can change and late fees are typically not waived, while yearly fees depend on the specific card's policies.
Explanation:The TRUE statement here is letter c: Assume that Josie only uses her credit card to make purchases. She pays the balance on her credit card in full and on time every month. As a result, she pays no interest to the credit card company. This is because credit card companies do not usually charge interest fees if the user pays their balance in full and on time each month. However, the other statements can be false because credit card companies generally reserve the right to raise the APR on a card if it is not locked at a specific rate. Also, late fees are typically not waived, and whether or not a yearly fee is charged depends on the card company's policies.
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The residents of Enumclaw, Washington, live in the shadow of majestic Mount Rainier and its 26 glaciers. The Cascades form a ring of fire around the Pacific Northwest and erupt with surprising regularity, although Mount Rainier hasn't erupted on a major scale since about a thousand years ago. When it does erupt, the pyroclastic flow (a massive cloud of superheated ash and rock up to 1500 degrees Fahrenheit that can travel at speeds up to 300 miles per hour) will make Enumclaw a less pleasant place to live. City leaders have completed the:________.
A) Control and documentation phase of risk management.
B) Risk identification phase of risk management.
C) Analysis of probability and consequences phase of risk management.
D) Risk mitigation strategies phase of risk management.
Answer:
C). Analysis of probability and consequences phase of risk management.
Explanation:
Risk management is one of the crucial process for an organization as it involves the identification, evaluation, and management of the risks or threats that may affect the profitability or the capital.
The given details display that the city leaders have accomplished the 'analysis of the likelihood and the repercussions stage of risk management' as it assesses the potential threat of 'eruption of Mount Rainier which hasn't erupted...since about a thousand years ago' and consequences associated with it('a massive cloud of super-heated ash and rock...live'). Therefore, option C is the correct answer.
A well-known Hollywood actress owns a home in Beverly Hills and another one on the French Riviera. She owns her own movie production company along with a large portfolio of stocks. The total value of the different things she owns, minus her debts, is considered her
Answer:
Wealth
Explanation:
Wealth is defined as what one owns. This can include physical items like houses, cars, jewellery, and other personal property. It also includes assets in the financial sector such as stocks and bonds.
Wealth are.its that can be sold to gain cash. It is calculated as net assets less the amount that an individual owns.
By implication if a person owns large assets and owes a lot too, the amount of wealth he has will be small.
However if the debt he owes is small his wealth will be greater.
Answer:
Wealth
Explanation:
Wealth in economics can be defined as the total value of the different things an individual owns, such as land, assets, savings, stocks etc. minus her debts.
In this scenario, the Hollywood actress owns a home in Beverly Hills and another one on the French Riviera. She owns her own movie production company along with a large portfolio of stocks.
Lee operates injection molding machines on a regular basis. He is responsible for observing meters to verify press-cycle times, pressures, and specified temperatures and getting the final product ready. In the context of organizational authority, which of the following functions does Lee most likely perform?
A) Line functionB) Staff functionC) Support functionD) Advisory function
Answer:
A
Explanation:
Line Function
Corrieten Company purchased equipment and incurred these costs:
Cash price $24,000
Sales Tax 1,200
Installation and testing 400
Insurance during transit 200
Total costs $25,800
What amount should be recorded as the cost of the equipment?
A. $24,000
B. $25,200
C. $25,400
D. $25,800
Answer: D. $25,800
Explanation:
Given the following :
Cash price - $24,000
Sales Tax - $1,200
Installation and testing - $400
Insurance during transit - $200
Total price = cash price + sales tax + installation and testing + insurance during transit
Total price = $24,000 + $1,200 + $400 + $200
Toral price = $25,800
Total cost of equipment that should be recorded is $25,800
Ralph makes it a point to always offer help in technical areas in which he is skilled and knowledgeable. His subordinates trust his judgment, and form one of the most productive units in the company. What type of power is Ralph exerting?
Answer: Expert power
Explanation:
Expert power is the ability to influence people through special expertise. Expert power is the capacity to direct and influence people's behaviour because the people recognise and acknowledge ones skills, knowledge, and understanding.
Expert power has to be earned and it requires a great deal of focus and energy to maintain. Expert power usually lasts long and more rewarding than other forms of power.
Brent, a single taxpayer, has a 24% marginal tax rate. He is considering an investment that will earn qualified dividends at a rate of 7% before tax. What is Brent's after-tax rate of return on the securities
Final answer:
Brent's after-tax rate of return on an investment earning 7% in qualified dividends, given his 24% marginal tax rate and 15% tax rate on qualified dividends, would be 5.95%.
Explanation:
To calculate Brent's after-tax rate of return on an investment earning qualified dividends at a pre-tax rate of 7%, we need to understand how dividends are taxed. Since Brent is in the 24% marginal tax bracket, his qualified dividends are likely taxed at a lower rate. In the U.S., for the year 2023, for example, individuals in the 24% marginal tax bracket are typically taxed at 15% on qualified dividends. Therefore, to compute the after-tax rate of return, we apply this 15% tax rate to the 7% return.
The calculation would look like this:
After-tax rate of return = Pre-tax rate of return × (1 - Tax rate on dividends)
After-tax rate of return = 7% × (1 - 0.15)
After-tax rate of return = 7% × 0.85
After-tax rate of return = 5.95%
Therefore, Brent's after-tax rate of return on the securities would be 5.95%.
Epic Inc., a firm that produces chairs for offices, uses comparative advertising to inform the consumers that its products offer the same features and quality as the competitor's. This is an example of a(n) ________ attack.
A) guerilla
B) frontal
C) encirclement
D) bypass
E) flank
Answer:
This is an example of a(n) frontal attack.
B) frontal
Marcus was asked to represent the cardiac unit as part of a Total Quality Management (TQM) initiative that is aimed at improving the overall quality of care at his hospital. Other departments, such as orthopedics, neurology, oncology, and pediatrics also have representatives on this team. This TQM team is an example of ________.
Answer:
a cross-functional team
Explanation:
A cross-functional team is an example of cross-department or a cross-cultural team. In the above example, the hospital has managed to design a team for the betterment of the hospital by gathering doctors from all the departments. It a cross-functional team because this team consists of the various department such as orthopaedics, neurology, oncology, and paediatrics.
You are a senior analyst in the marketing research department of a major steel producer. You have been requested to make a forecast of domestic automobile production for the forthcoming calendar year in order to predict the total tonnage of steel that will be used by the automobile manufacturers. This is PRIMARILY a(n):____________
Answer:
descriptive study.
Explanation:
Descriptive study is designed to explain the distribution of one or more variables in relation to any cause or other hypothesis. Descriptive studies can be of many types, such as case reports, case series, cross-sectional studies and ecological studies. In the first three of these, data is collected on individuals, the last using data collected for the group. Descriptive research is used to describe the characteristics of the study of a population or event.Toronto-based Mercedes-Benz Canada, with a network of 55 dealers, did not know enough about its customers. Dealers provided customer data to the company on an ad hoc basis. Mercedes did not force dealers to report this information. There was no real incentive for dealers to share information with the company. How could CRM and PRM systems help solve this problem?
Explanation:
Mercedes-Benz adopts a method where the dealers are the only contact with the customers and company has failed to communicate with the customers directly.
Customer Relationship Management (CRM) is a tool that can be utilized by the company for easier day to day work. The information can be kept up to date which is easy to import, export and apply statistics to find information. The information can be accessed by Mercedes from anywhere. It helps to connect with the customers.
Another tool Partner Relationship Management (PRM) is used to connect with partners. The tasks can be scheduled and performance can be managed. Information and report details can be shared with the help of CRM and PRM from dealers and partners with Mercedes.
Final answer:
CRM and PRM systems can assist by managing customer interactions effectively and facilitating communication between the company and its dealers.
Explanation:
CRM (Customer Relationship Management) and PRM (Partner Relationship Management) systems can help solve the problem faced by Mercedes-Benz Canada by providing a structured platform for collecting, analyzing, and utilizing customer data effectively. CRM systems focus on managing customer interactions and data, helping the company understand its customers better. On the other hand, PRM systems can facilitate communication and data sharing between the company and its network of dealers, creating incentives for dealers to report information.
When analyzing the pay scale of her staff, Nanci saw that several equivalent positions in the department were paid at various rates. She felt that they needed to be balanced. Which aspect of equity theory is Nanci taking into consideration?
Answer:outputs
Explanation:
Final answer:
Nanci is taking into consideration the aspect of equity theory that focuses on balancing pay rates for equivalent positions in the department.
Explanation:
When analyzing the pay scale of her staff, Nanci is taking into consideration the aspect of equity theory that focuses on balancing pay rates for equivalent positions in the department. This aspect of equity theory emphasizes the importance of fairness and equal treatment in terms of pay. Nanci wants to ensure that employees in equivalent positions are paid at similar rates to promote a sense of fairness and equity within the organization.
Scotts fertilizer has a 4-step program for lawn care. each step features a different product. scotts sells the fertilizer as a set containing one bag of each of the 4-step products. if scotts decided to sell each product individually rather than as a set, it would be an example of which pricing strategy? a. dumpingb. dynamic pricingc. minimal pricingd. underpricinge. unbundling
Answer: Unbundling
Explanation:
In general bundle offer means combining two or three small things together to form an offer product. While unbundling is the opposite of the bundling here one offer is split into two or three small things.
If the 4 step fertilizer products are sold together then the products are bundled. Here Scotts fertilizer firm plans to sell the 4step products each separately which is known as unbundling strategy. Through unbundling strategy the value is created for different customers without bringing a new product.
Suppose you purchase shares in acme gadget company for $10 per share. the company believes there is a 20 percent chance it will fail to earn a discounted future profit of $1.85. what is the expected rate of return on your investment?suppose you purchase shares in acme gadget company for $10 per share. the company believes there is a 20 percent chance it will fail to earn a discounted future profit of $1.85. what is the expected rate of return on your investment?
Answer:
B
Explanation:
After AT&T was split up by government litigation into a number of different entities (i.e., local phone companies, a long-distance phone company, and a phone equipment manufacturer), what was the impact on competition in the phone market?
Answer:
increase in competition leading to greater innovation, more services, and lower prices
Explanation:
Based on the scenario being described within the question it can be said that the impact was an increase in competition leading to greater innovation, more services, and lower prices. This most likely happened because by not controlling all aspects of a market it gave room for other company's to compete in individual sectors of that market.
Answer: See explanation below for answer.
Explanation: AT&T Inc. is an American multinational conglomerate holding company, with its headquarters at Whitacre Tower in Downtown Dallas, Texas.
The acronym AT&T stands for American Telephone and Telegragh. The company is known as the largest telecommunications company in the world, the largest provider of mobile telephone services in the United States, and it also provides the largest fixed telephone services in the United States through its subsidiary AT&T Communications.
A split up of such a company as large as this will result in an increase in competition which will lead to greater innovation by competitors, it will lead to more services, and it will further lower prices of products and services.
Select the correct answer.
What is Jill actually doing when she makes a note of trade ideas that strike her every now and then?
Answer:
A
Explanation:
trust me it is
Answer:
:A
Explanation:
it is what it is
Michaela and carolyn are discussing changes to the benefits program at their organization. michaela would like to see the organization provide more lifestyle benefits such a doggy day care. carolyn is pushing for more dental and disability coverage. what consideration in providing benefits programs are michaela and carolyn discussing?
Answer:
mix
Explanation:
Based on the scenario being described it can be said that the consideration that both Michaela and Carolyn are discurssing are in regards to mix. Meaning the product mix, which refers to the different products or services that the company, or in this case benefits programs can offer the customers. Which is why Michaela and Carolyn are both tossing out different ideas.
Gertrude Kelp owns three boats that participate in commercial fishing for fresh Pacific salmon off the coast of Alaska. As part of her business she hires a captain and several crew members for each boat. In the market for fresh Pacific salmon, there are thousands of firms like Gertrude's. While Gertrude usually catches a significant number of fish each year, her contribution to the entire harvest of salmon is negligible relative to the size of the market. If the price of fresh Pacific salmon were to decrease significantly, it is most likely that Gertrude would:________.
A. hire more crew members.
B. reduce her demand for crew members.
C. become a seller in at least one factor market.
D. hire more boats.
Answer: B. reduce her demand for crew members.
Explanation: The fact that, in spite of Gertrude's significant harvest, it still has a negligible contribution to the salmon market highlights the competitiveness of the salmon market and as such Gertrude has no say or influence on the market market price of salmon.
Therefore, If the price of fresh pacific salmon were to decrease, Gertrude would most likely have to reduce it's demand for crew members so as to cut the variable cost of production(labor) , hence, stabilizing the difference in cost of production and revenue.