A central bank cannot simultaneously stabilize the price level and the real GDP as a response to this brief but abrupt rise in oil prices.
Prices and real GDP will increase in the short term, and both will increase even more in the long term.
The "policy rate" that central banks frequently concentrate on is the short-term, frequently overnight, borrowing rate that banks charge one another. The rate decreases when the central bank adopts a loosening policy, often known as injecting cash into the economy by acquiring or borrowing securities.
The amount that is actually produced is shown by the real GDP. Real GDP eliminates the impact of changes in the general level of prices by measuring aggregate output at constant prices.
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What type of knowledge-based decision making is often necessary when a decision is based on tacit knowledge or have significant intangible aspects?.
The type of knowledge-based decision-making that is often necessary when a decision is based on tacit knowledge or has significant intangible aspects is Operational decision-making
This is further explained below.
What is tacit knowledge?Generally, Knowledge-Based Decision-Making is a procedure that employs established criteria to measure and secure the ideal conclusion for a certain issue.
This decision-making process is used in management and is known as KBDM. The KBDM method is used to arrive at choices by first determining the thinking process and the justification for a conclusion.
Tacit knowledge is information that you have learned by living experience, whether it is in your personal life or in the growth of your professional career. Because of the influence that our own views and ideals have on it, it is often characterized by subjectivity, informality, and difficulty in communication.
In conclusion, Operational choices are ones that are altered more often in response to the present external and internal situations. These decisions typically have repercussions that last no longer than a year or even a day at the most.
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In what ways might household saving rates reflect both the economic culture and history of a country?.
A rise in aggregate savings would yield larger investments associated with higher GDP growth. As a result, the high rates of savings increase the amount of capital and lead to higher economic growth in the country. As personal saving contributes to investment, all else equal, a higher saving rate will result in a higher level of physical capital over time, allowing the economy to produce more goods and services.
Which of the following liabilities could be a multi-period known liability?
a. Unearned Subscriptions Revenues
b. Notes Payable
Notes payables are known are multi-period liability because their payment can be made within current year or also it can be done over the years, therefor option (b) is correct.
Notes payables are simply a kind of written promissory note. A borrower a certain sum of money from a lender under this agreement and agrees to repay it with interest over a specified period of time. The rate of interest may be set again for life of the promissory note, or it may fluctuate in line with the rate of interest the borrower charges its most important customers.
Notes payable can be classified into current liabilities when their payment is made within the current year, and if the payment is made over several years, it will be classified under multi-period liability.
The complete question is here:
Which of the following liabilities could be a multi-period known liability? (Select all that apply.)
a. wages payable
b. Notes Payable
c. Accounts Payable
d. Unearned Subscription Revenues
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why must an insurance applicant answer all questions on the application
An insurance company must answer all question because statements and representations on the application are part of the consideration for issuing a policy
The application gives the insurance company all the details they require, including the insured's age, address, medical history, and other details. This information is crucial so that the insurance company can accurately assess if the application complies with their underwriting guidelines and establish the appropriate premium.
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if the contribution margin ratio for france company is 44%, sales were $419,000, and fixed costs were $95,000, what was the income from operations? a.$71,488 b.$95,000 c.$89,360 d.$184,360
The entire revenue of the firm less the variable costs, divided by the revenue, is the contribution margin ratio of the company. (Sales Income - Total Variable Costs) / Sales Revenue is the contribution margin ratio.
A Good Contribution Margin is The ratio or percentage of a contribution margin should be as near to 100% as possible. The more money is available to pay the company's overhead expenses, or fixed costs, the higher the ratio.
Increased contribution margin equals (184360) (419000*44%).
-95,000x fixed cost = 89360
B) $89360is the response.
How does the company model's contribution margin ratio measure up?
Could one of the parts of our product have had a price increase? I'm off to do some research at purchasing! The percentage difference between a company's sales and variable costs is known as the contribution margin ratio. The available funding for covering fixed costs is indicated by this ratio.
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ECONOMICS CHAPTER 2 SECTION 3
explain the relationship between the terms in each of these pairs
A. Private property rights and market
B. laissez-faire and capitalism
C. Specialization and profit
D. Factor market and product market
ECONOMICS CHAPTER 2 SECTION 3
Private property rights and market is in which people buy and sell resources or goods and services.
Private property rights are the rights of individuals and groups to own property and the market is any place or situation in which people buy and sell resources and goods and services.
Laissez-faire and capitalism-The relation-ship between laissez-faire and capitalism is laissez-faire is an economic philosophy of free-market capitalism that opposes government intervention.
Specialization and profit- The relation-ship between specialization and profit is the companies specialize in making one product or one component of a product, if this product will make at large scale, companies reduces it's cost to earn profit.
Factor market and product market- The relation-ship between Factor market and product market is the factor market is running by the demand of product market. The product market is sold their goods and services with the demand of factor market to production these goods and services.
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the is the amount of effort (expressed as elapsed time) needed to make business functions work again after the technology element is recovered. a. work recovery time b. recovery point objective c. training objective d. mean time to repair
A work recovery time means the amount of effort needed to make business functions work again after the technology element is recovered.
What is the meaning of work recovery time?Concerning data recovery, this refers to the maximum tolerable amount of time a DR team has to verify that systems and data protection are online and operational. It is used after mission-critical data and operations are restored when the organization must focus on getting back to business as usual.
In conclusion, the Work Recovery Time is what help to determines the maximum tolerable amount of time that is needed to verify a system and data integrity.
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which of the following is not a requirement of the unlimited marital deduction? a.in order to claim a marital deduction on the 706, the decedent must have been married as of the date of his death. b.the surviving spouse must receive property through the estate. c.the surviving spouse must be a u.s. citizen. d.the gross value of qualifying property left to the surviving spouse is included in the marital deduction.
The gross value of qualifying property left to the surviving spouse is included in the marital deduction. This is not a requirement of the unlimited marital deduction.
Hence, option D is the correct answer.
Unlimited marital deduction is a clause that enables a person to give their spouse limitless property at any time. This clause belongs to the federal estate of the United States. No limitation on the transfer of property is imposed.
There is no requirement for the gross value of the property that is kept for the surviving spouse under the unlimited marital deduction.
Option a is wrong because a husband and wife must be married in order to qualify for the unlimited marital deduction, this choice is incorrect.
Option b is improper since the property should be passed to the spouse through real estate under unlimited marital deductions.
Option c is erroneous because, in order to qualify for the unlimited marital deduction, the surviving spouse must be a citizen of the United States.
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which non-market shock (political, economic, social, and technological) is uber bringing to the taxi cab industry? do you think of uber as a ride-sharing company or more as a technology company? also, think about the competitive advantages that uber has that allows it to disrupt the taxi cab industry? what is uber’s value proposition in the industry? are all of uber’s competitive advantages legal, or do some of them fall into the grey area of compliance with the law?
Answer:
technology
Uber = tech company that links two different sides together
Passengers linked to drivers--> Have to make sure both are excited about the technology
Passengers love uber because:
- Ease of search/use
- Estimated fairs, info upfront
- Ease of payment
- Cheap
- Better routes
Drivers love uber because:
- Choose your own hours
- flexible time
- Use your own car
- gives loans and insurance
- Electronic billing
- Increase in productivity
- No regulations
- Keep 80% of revenue
Explanation:
if a gymnast is having difficulty keeping her balance on the balance beam but has no problem deciding to take each step, which part of her brain is most likely damaged?
The cerebellum region of the brain is most likely affected if a gymnast struggles to stay balanced on the balance beam yet has no trouble choosing when to take each stride.
A key component of the hindbrain in all vertebrates is the cerebellum. Even while it is often smaller than the cerebrum, in some animals, such mormyrid fish, it can be equal to or even larger. The cerebellum is a key component of motor control in humans. Although its movement-related activities are the most well-established, it may also have a role in some gymnast cognitive processes like attention and language, as well as emotional regulation processes like moderating fear and gymnast pleasure responses.
While the cerebellum of the human brain does not actually start movement, it does play a role in coordination, precision, and timing because it receives information from other brain regions and from sensory systems in the spinal cord to fine-tune motor activity.
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If you need to save $1,000 for a new laptop and you‘ll need it in six months, what would your weekly savings goal need to be?.
If you need to save $1,000 for a new laptop and you‘ll need it in six months, your weekly savings goal need is $41.67.
Calculating the weekly savings goalsGiven data:
Expected amount to save =$1,000
Number of months = 6 months
Converting the number of months to weeks will gives us:
Number of weeks = 6 months × 4 weeks in a months
Number of weeks = 24 weeks
Now let determine the weekly savings
Weekly savings = $1000 / 24
Weekly savings = $41.67
Therefore we can conclude that you will have to save the amount of $41.67 on a weekly basis.
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what is a person or event that is the catalyst for implementing major changes for a system to meet business changes?
The person or event that is a catalyst for implementing major changes fr a system to meet business changes is called a change agent. Thus, option D is the correct answer.
A change agent refers to the person or event which inspires a change in the old model of working. It is something that brings about a new model of working in the business circle and promotes better and more modern techniques of working.
Change agents bring in technical support as well as social support for the employees to learn about the new techniques and word methods and gradually adapt to them.
A change agent should be flexible in working and have an open mind for newer ideas and ways of coping with the new work from the employees. The agent should also be responsible for the training and implementation of the new techniques.
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The entire question is given below:
What is a person or event that is the catalyst for implementing major changes for a system to meet business changes?
A. Change controller
B. Change over
C. Change management
D. Change Agent
what is the present value of a deferred perpetuity that pays $141 annually with the first payment occurring at year 5? assume the annually compounded interest rate is 6%.
The present value of a deferred perpetuity is $1,938.89.
What is present value?
The present value of a prospective sum of money or cash flow stream given a specified return rate is known as its present value (PV). The present value of future cash flows is reduced by the discount rate, and the higher coupon rate, the lower the present value of future cash flows. The key to correctly valuing future cash flows, whether they are earnings or debt obligations, is determining the appropriate discount rate. The concept of present value states that a quantity of funds today is worth greater than the same amount in the long term. In other words, money gained in the long term is not as valuable as money received today.
The present value of a deferred perpetuity that pays $141 annually with the first payment occurring at year 5 is $1,938.89. This can be calculated by taking the present value of an ordinary annuity formula, which is PV = A / (1 + r)^n, and adding 5 to n. This gives the equation PV = A / (1 + r)^(n + 5), which can be simplified to PV = A / (1 + r)^n * (1 + r)^5. Thus, the present value is $141 / (1 + 0.06)^10 * (1 + 0.06)^5, which equals $1,938.89.
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What is the name of the is decision support strategy that uses non-linear predictive models that were defined using hidden layers trained on prior observed behaviors?.
The name of the decision strategies that use non-linear predictive models defined using hidden layers trained on prior observed behaviors is input node layers.
What do input node layers mean?The expression input node layers make reference to layers organized in a network which are arranged a priori by predictive models that allow making decisions regarding a given outcome (quantitative decision making).
Therefore, with this data, we can see that the input node layers can be used a priori to take any action in decision making and they are based on predictive models.
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Companies that use lifo rather than fifo as an inventory system must report which value on their financial statements?.
Companies that use lifo rather than fifo as an inventory system must report LIFO reserve on their financial statements.
What is the LIFO reserve?LIFO is an inventory system where the last purchased inventory is the first to be sold. The ending inventory would be made up of the inventory that was purchased the earliest.
FIFO is an inventory system where first purchased inventory that is the first to be sold. The ending inventory would be made up of the inventory that was purchased the latest.
The LIFO reserve is the difference between the first in, first out and last in, first out cost of inventory.
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when individuals or groups are in the process of purchasing a company, this action is known as being a stakeholder.
a. true
b. False
When individuals or groups are in the process of purchasing a company, this action is known as being a stakeholder- FALSE.
A stakeholder is a party with an interest in a company who has the potential to influence or be affected by it.
A typical corporation's investors, employees, clients, and suppliers make up its main stakeholders. However, the idea has been broadened to encompass communities, governments, and trade groups as a result of the growing focus on corporate social responsibility. Stakeholders in an entity can be either internal or external to the company. One form of stakeholder that businesses need to be aware of is shareholders.
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in the context of quality function deployment, one of the first steps to build the house of quality is to: a. advertise, market, and offer the product to customers. b. evaluate the marketplace. c. identify the technical features of the design of the product. d. conduct prototype testing.
The correct answer is option (c) identify the technical features of the design of the product.
In the context of quality function deployment, one of the first steps to build the House of Quality is to identify the technical features of the design of the product.
What is quality function deployment?Customer-driven engineering, matrix product planning, and quality function deployment are other names for this concept. Customers are a part of every business. Some have both internal and external clients, while others have solely internal clients.
The four main steps of the comprehensive QFD process are product planning, product development, process planning, and production planning. In each of the four phases, a matrix or other visual representation is utilised, and each one is connected to the one before it. The Quality Function Deployment (QFD) paradigm of product development and manufacturing became well-known in Japan in the 1960s. By hearing what customers have to say, the model helps translate their needs and expectations into technical specifications.
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Which of the following identifies a change in the technological environment that could affect the success of a business?
a. A company develops a new battery that costs twice as much as its predecessor.
b. A company develops a new battery that lasts twice as long as its predecessor.
c. A company develops a new warranty that lasts as long as its predecessor.
d. A company develops a customer support program that customers rate twice as responsive as the previous program.
e. A company packages its product to be twice the size of its predecessor.
The statement that identifies a change in the technological environment that could affect the success of a business is option B. The option B is A company develops a new battery that lasts twice as long as its predecessor.
The development of technology is currently running so rapidly, unconsciously maybe every day technology develops. In this day and age, technology is very important for humans, so that it can be said that human life today cannot be separated from technology. The rapid development of technology has made almost all human work easier because almost all human work is assisted by technology. Day by day, technology is more varied, more innovative, more able to help human work. The development of this technology brings so many positive impacts, but technology also has a negative impact.
The following is the impact of technological developments on business:
Speed up the production and distribution processThe exchange and delivery of information becomes easier and fasterMake it easier to get information related to finance, competitors, consumer tastes, and target marketMake it easier to expand your businessMake it easy in terms of promotionMake transactions easier because of digital paymentsYou can learn more about development of technology here brainly.com/question/13743788
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deacon company made an ordinary repair to a delivery truck in october of 2021 at a cost of $500 and capitalized the repair cost. what is the effect on the 2021 financial statements as a result of the incorrect capitalization?
Assets are overstated and net income is overstated.
Instead of being expensed in the current year, repairs are capitalized. As a result, costs are underestimated and the net income is overestimated.
The value of the delivery truck (asset) on the balance sheet rises when the expenditure is capitalized. The assets are therefore inflated.
Due to inappropriate capitalization (the act of transforming or enhancing an asset owned by a company):
1. Overvalued assets. The total number of assets now includes assets that shouldn't be there. Therefore, even if it isn't, the company's asset is growing.
2. Overstatements of net income. The net asset will be inflated since depreciation will also need to be applied to the asset that wasn't present.
What Exactly Is an Asset?
A resource having economic worth that a person, business, or nation possesses or controls with the hope that it would someday be useful is referred to as an asset.
The balance sheet of a business lists assets. They are divided into four categories: tangible, financial, fixed, and current. They are acquired or produced in order to raise a company's worth or improve the operations of the company.
Whether it's manufacturing equipment or a patent, an asset may be viewed of as anything that, in the future, can create cash flow, lower expenditures, or increase sales.
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a corporate culture is defined as the set of shared, taken-for-granted implicit assumptions that a group holds and that determines how it perceives, thinks about, and reacts to its various environments.
It is true that a group's shared, implicit assumptions are what establish its corporate culture and dictate how it perceives, considers, and responds to its varied settings.
What is corporate culture?There are numerous methods to define your corporate culture in a way that is appropriate for your particular organization because every company is distinct and different from the others. Consider your organization's culture in relation to the traits of a strong corporate culture. Corporate culture pinpoints and emphasizes the attitudes and actions of your company. Overall, it provides direction for how your staff members should behave, feel, and think. The establishment of a ping pong table and arcade games in the office or the provision of limitless vacation time are not the means of fostering it. Corporate culture, on the other hand, embodies everything from your organization's core beliefs to your vision for its workforce. It is the personality of your business.
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*State whether it is true or false. A corporate culture is defined as the set of shared, taken-for-granted implicit assumptions that a group holds and that determines how it perceives, thinks about, and reacts to its various environments.
A warehousing operation that receives goods from a single source or manufacturer and sends out smaller shipments to a retail location is.
A warehousing operation that receives goods from a single source or manufacturer and sends out smaller shipments to a retail location is break-bulk warehousing.
Break bulk, as used nowadays, refers to goods of excessive length or size as well as cargo that is conveyed in bags, boxes, crates, drums, or barrels. These items must be loaded individually, not in intermodal containers or in bulk like with liquids or grains, in order to be considered break bulk.
In this instance, the warehouse's function is to receive large shipments from the plant via cost-effective long-distance transportation before dividing them into smaller shipments for local delivery to various clients. This makes it possible to substitute local deliveries for long-distance deliveries.
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In general, reducing operating costs is the most effective way of yielding long-term gains.
a. True
b. False
The statement is false. Reducing operating costs is not the most effective way of yielding long-term gains.
It is necessary to focus primarily on the value potential rather than the volume of costs. Because cutting costs without optimization of several factors does not ensure competitive relevance and reduces the potential.
There are five steps to make the cost optimization program effective long-term, which include rethinking the strategy according to costs and aligning accordingly.
After aligning the strategy, aiming higher and implementing the leadership skills to come with the transformation program is essential.
And to maintain its effectiveness, it is crucial to show ownership and improve through continuous adaptations.
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Which of the following could be an outcome of unexpected inflation?
O Export goods decrease.
O Foreign goods cost less.
O Worker education increases.
O Workers have more purchasing power.
An outcome of unexpected inflation could be that (A) export goods decrease.
Inflation comes in two forms: anticipated and unanticipated. Unanticipated inflation occurs as a result of events beyond our control such as natural disasters (tornadoes, earthquakes, tsunamis, etc.) and pandemics (chickenpox, smallpox, etc.). As a result of these undesired changes, more products are needed to suffice until the pandemic calms.
An example of a pandemic which required more products was the 1918 Flu Pandemic. During this global crisis, many people were in need of disinfectants, personal hygiene products, and food so they would not have to keep going outdoors around other people. Not only did companies have to increase the amount of products made, but they also had to limit how much could be exported because they needed it for themselves as well.
As an outcome of unexpected inflation, export goods decrease because more is supplied for domestic use than foreign trade.
3. consumption and saving suppose alyssa gets a sales bonus at her place of work that gives her an extra $700 of disposable income. she chooses to spend $630 and save the remaining $70. from this, you can tell that alyssa's marginal propensity to consume (mpc) is , and her marginal propensity to save (mps) is . mathematically, it must always be true that: saving
The marginal propensity to consume is 0.9.
The marginal propensity to save is 0.1.
It must be always true that savings and consumption is equal to disposable income.
What is the MPS and MPC?Disposable income is the income that is left after tax has been paid. It is assumed that disposable income is either spent on consumption or it is saved.
Disposable income = amount spent on consumption + amount saved
Marginal propensity to save is the ratio of the amount saved to the disposable income. Marginal propensity to consume is the ratio of the amount spent on consumption to the disposable income.
Marginal propensity to save = amount saved / disposable income
$70 / 700 = 0.1
Marginal propensity to consume = amount spent on consumption / disposable income
$630 / $700 = 0.9
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the u.s. department of veterans affairs (va) has undertaken three separate electronic health record system upgrade projects, none of which produced systems that fully met the organization's needs, were well integrated, or met budget or schedule goals. the waterfall software development approach would likely have benefitted the va because it offers .
The u.s. department of veterans affairs used the waterfall software development approach would likely have benefit because it offers wide variety to accommodate and collect data.
Software upgradation in an organisation is a bit difficult and managing them individually according to the departments and an integrated software can only accommodate and collect data properly.
The development approach here also signifies a good team of people who can actually apply software development techniques that can easily be used by everyone in the firm.
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scott power produces batteries. the company has determined its contribution margin to be $3.50 per battery and its contribution margin ratio to be 0.59. what is the effect on profits of the sale of one additional battery? of one additional dollar of sales? (round your answers to 2 decimal places.)
The operating profits will increase by $3.50 on the sale of one additional battery. Also, every additional dollar of sales will contribute $0.59 to operating profits
In cost and management accounting, the idea of the contribution margin is frequently employed. When calculating the contribution margin, the total variable costs are subtracted from the sales revenue.
The difference between sales revenue and variable cost per unit is represented by the $3.50 contribution margin. The overall contribution margin will rise by $3.50 for every additional unit of the product sold. Because fixed costs do not rise as a result of more sales units, the operational profits will also rise by $3.50. The contribution margin is shown as a percentage of sales revenue using the contribution margin ratio of 0.59 (or 59%). Accordingly, $0.59 more in operational profits will be made for every $1 more in sales.
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In may, sea the world cruises, inc. collected $1,000 cash from a customer for services to be performed in june. what is true assuming accrual accounting?
A customer gave sea the globe cruises, inc. $1,000 cash in exchange for services that will be rendered in june. Assuming accrual accounting, $1,000 in revenue should be recorded in June.
When expenses are incurred, they are recorded under accrual accounting. Therefore, regardless of the dates on which any related cash flows occur, economic events are documented. The matching concept, exchange which underlies this strategy, calls for recording revenues and all associated costs over the same time period. The most accurate representation of how well a corporation is actually functioning comes from accrual accounting.
A sale's accompanying revenues and expenses are both recorded by the accountant under accrual accounting. A company's financial statements give the most realistic picture of its profitability because both exchange numbers are recorded during the same reporting period. In other words, the accountant records revenue as soon as it can be recognized, which is typically after the linked goods have shipped or the corresponding services have been rendered.
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The complete question is
In May, Sea the World Cruises, Inc. collected $1,000 cash from a customer for services to be performed in June. Which of the following is true assuming accrual accounting?
A. $1,000 of revenue should be recorded in May.
B. $500 of revenue should be recorded in May and $500 in June.
C. $1,000 of revenue should be recorded in June.
Garden Tools, Inc. (GTI) offers customers its product or service at a lower price than its rivals can. GTI can be described as utilizing which of the following strategy?
a. Global strategy
b. Cost-leadership strategy
c. Local strategy
d. Regional strategy
e. Differentiation strategy
Since Garden Tools, Inc, (GTI) is selling its products at lower price than its rivals it is utilizing cost-leadership strategy.
Cost leadership is a business approach used by businesses who are looking to achieve a competitive edge by manufacturing things, services, or procedures at the cheapest cost possible.
When a company leads the industry in low price, it is said to be involved in cost leadership. A business must lower expenditures in all other aspects of the business, including as marketing, transportation, and package, in order to achieve this without greatly lowering revenue. A company's strategy for attaining cost leadership in an industry or sector is known as a cost leadership strategy.
Here Garden Tools, Inc. is trying to attain cost-leadership by offering its produce at lower price than the rivals.
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which practice indicates integrity
The practice indicates integrity is C. recording facts correctly in official reports .
What is integrity?Integrity can be described as the practice of being honest as well as showing a level of morals in handling things that is very crucial in the organization as well as the society at large.
It should be noted that to honest entails the the act of being consistent as well as having uncompromising adherence with the values as well as the principles that involves moral in a particular organization,
In conclusion the integrity is very essential because any organization or a society that the act of integrity is flourishing, there will be a reduced crime rate as well as corruption of any form because people will be honest with the things that concern the public as well as the things that can make the society to move forward both politically and economically.
Therefore, option C is correct.
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Check the missing options:
A. manipulating people for everyone’s benefit B. inflating product costs in accounting ledgers C. recording facts correctly in official reports D. indiscriminately providing company data to external parties
The selling price per unit is $25, variable cost per unit $15, and fixed cost per unit is $4 when sales are 10,000 units. if one more unit is sold, operating income will increase by $6.
a. True
b. False
False, The selling price per unit is $25, variable cost per unit $15, and fixed cost per unit is $4 when sales are 10,000 units. if one more unit is sold, operating income will increase by $6.
A buyer's cost to acquire a good or service is known as the selling price. It can differ based on what customers are prepared to pay, what the seller will take, and how competitive the pricing is in relation to those of other companies in the market. Selling Price: The price at which an item is bought is referred to as its selling price (S.P.). A variable cost is a type of business expense that varies depending on how much a company makes or sells. Depending on a company's production or sales volume, variable costs grow or fall; they increase with rising production and decline with falling production.
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