1. An increase in the price of a good will decrease quantity demanded.
What is the price elasticity of demand?A good or service's price elasticity of demand is calculated by dividing the percentage change in the quantity demanded by the percentage change in the price. The relationship between price and demand is evaluated using the price elasticity of demand to determine how changes to one will impact the other. Consumer demand will react differently to price changes for every product. Thus, it's crucial to comprehend those variations when making crucial pricing decisions.
2. An increase in the price of a good will increase quantity supplied.
3. An increase in price causes an increase in total revenue when demand is inelastic.
4. The price elasticity of demand for a good for which an increase in price would decrease revenue 2.6
5. Other things equal, when the price of a good falls, the quantity supplied of the good increases.
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stanley has an automobile insurance policy for which he is billed $220 four times per year. which term is used to refer to that cost? stanley has an automobile insurance policy for which he is billed $220 four times per year. which term is used to refer to that cost? surcharge premium co-payment deductible
Premium is used to refer to that cost? surcharge premium co-payment deductible.
What makes it a premium, and why?In general, a premium is a cost that is incurred above and above some fundamental or intrinsic worth. Relatedly, it is the cost associated with being shielded from a loss, risk, or injury (e.g., insurance or options contracts). The Latin term premium, which originally meant "reward" or "prize," is where the word "premium" comes from.
What is a high-end illustration?Something or someone of greater or superior quality is considered to be premium. An example of the adjective premium in use is premium gasoline, which refers to fuel with a higher octane rating. a cost that is higher than going rates.
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tryst energy inc. has an average age of inventory of 65 days, an average collection period of 60 days and an average payment period of 65 days. the firm's total annual outlays for operating cycle investments are $3.65 million. assuming a 365-day year, how much financing is required to support its cash conversion cycle? $559,000 $600,000 $700,000 $650,000
$600,000 financing is required to support its cash conversion cycle.
Finance is the have a look at and area of cash, forex and capital property. it's miles associated with, but no longer synonymous with economics, the study of manufacturing, distribution, and consumption of money, assets, items and services (the discipline of economic economics bridges the two). Finance sports take vicinity in financial systems at various scopes, thus the field may be kind of divided into personal, company, and public finance. In a economic system, property are offered, bought, or traded as economic instruments, including currencies, loans, bonds, stocks, stocks, alternatives, futures, and many others.
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assuming the interest on the debt is fully tax deductible, when firms issue more debt, the present value of the tax shield on debt while the present value of the financial distress costs . question 11 options: decreases; increases decreases; decreases increases; increases increases; remains constant decreases; remains constant
When firms issue more debt, the present value of the tax shield on debt, increases while the present value of the financial distress costs also increases. Therefore, the third option is the correct answer for this question.
An individual or company can lower their taxable income by claiming permitted deductions for things like mortgage interest, medical costs, charitable contributions, amortisation, and depreciation. These deductions either lower a taxpayer's taxable income for the current year or postpone paying income taxes until later. Tax shields reduce the total amount of taxes that a business or individual taxpayer must pay.
The phrase "tax shield" refers to a deduction's capacity to exempt certain amounts of the taxpayer's income from taxation. The advantages of tax shields vary from nation to nation and are influenced by the taxpayer's overall tax rate and cash flows for the specific tax year.
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customer relationship management is the process of learning as much as possible about present customers and doing everything you can over time to satisfy them or even exceed their expectations with goods and services. group of answer choices true false
Customer relationship management is the process of gathering as much information as you can about your current clients and making every effort to meet or even surpass their needs in terms of products and services throughout time.
Define Customer relationship management.Customer relationship management, a technique used by businesses and other organizations to manage their connections with customers, frequently entails evaluating a large amount of data through data analysis.
All communications and relationships between your company's customers are managed using a program called customer relationship management (CRM). The goal is simple: develop business relationships in order to grow your firm. Customer relationship management ultimately tries to create enduring, mutually beneficial relationships with consumers by fulfilling their demands and expectations.
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what is a major difference between the securities act of 1933 and the securities exchange act of 1934?
The selling and registration of securities are governed under the 1933 Act. After issuance, trading in those securities is governed by the 1934 Act. The Securities Exchange Commission oversees both.
The Securities Act of 1933 was Congress's first shot in the fight against securities fraud. It differs from the Exchange Act of 1934 in that the former focuses on regulating securities issued by companies in what is known as the primary market, whereas the latter primarily deals with the regulation of secondary trading, which takes place between parties unrelated to the issuing companies. Congress mainly targeted the companies that issued securities. Companies that sell securities are known as issuers, and their goal is to raise capital to finance brand-new initiatives, investments, or business expansion. Potential investors must be attracted to these businesses.
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an analysis conducted to determine what benefits target customers value and how they rate the relative value of various competitors' offers is known as
An analysis conducted to determine what benefits target customers value and how they rate the relative value of various competitors' offers is known as Market leader.
A consumer is a recipient of an awesome, service, product or an concept - acquired from a vendor, supplier, or dealer via a economic transaction or exchange for money or some other valuable consideration
A client is commonly described as a person who buys an awesome, product, or service. more especially, customers are human beings or companies presently purchasing, have purchased, or may be inquisitive about shopping service or product from every other character or agency.
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Which of the following is true during a recession ? a. Real GDP will fall.
b. Nominal GDP will fall.
c. The natural rate of unemployment will fall.
d. Cyclical unemployment will fall.
e. All of the above.
During a recession, real GDP shrinks below its potential and the unemployment rate rises over the NRU.
What happens when the actual GDP falls?If the economy is contracting, that is bad news for businesses and workers. A two-quarter decrease in GDP is indicative of a recession, which may lead to wage freezes and job losses.
Which of the following is true regarding a recession?Economic output, jobs, and consumer spending all fall during a recession. Interest rates are likely to decline as a central bank (like the U.S. Federal Reserve Bank) reduces rates to stimulate the economy.
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nueva company reported the following pretax data for its first year of operations. net sales 7,340 cost of goods available for sale 5,650 operating expenses 1,718 effective tax rate 20 % ending inventories: if lifo is elected 621 if fifo is elected 816 what is nueva's net income if it elects fifo?
The time period “income” normally refers to the quantity of cash, assets, and other transfers of price acquired over a fixed time frame in alternate for products or services there may be no unmarried, widespread definition profits are defined according to the context wherein the idea is used.
Internet sales 7340
less: the value of products sold 5650 =5650-1718
Gross profit 3932
much less: operating expenses of 1718
earnings before profits tax 3932
less: income tax expense 816=1022*20%
Nueva's net earnings 204.4
$613 is the correct option
Internet sales 7400
less: the price of goods offered 4820 =5630-810
Gross earnings 2580
much less: running fees 1558
income earlier than earnings tax 1022
much less: profits tax fee 409 =1022*40%
Nueva's net profits 2580
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Which of the following would not be classified as a long-term liability?
a. Current maturities of long-term debt
b. Bonds payable
c. Mortgage payable
d. Lease liabilities
a. Current maturities of long-term debt would not be classified as a long-term liability.
In the field of business, a long-term liability can be described as a liability that helps in generating long-term revenue for a company or is valuable for a long period of time.
The current maturity of long-term debt will not be a long-term liability, it will be a current liability. This is because the debt that is taken on long-term will be used in the current time but will be paid in a long term. Hence, it will not prove to be valuable in the long term and will not be a long-term liability.
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The information a buyer discovers while researching a product can greatly influence their purchasing decisions.
a. True
b. False
True, a buyer's decision to acquire a product might be significantly influenced by the information they learn while doing their research.
What are the variables influencing a buyer's purchase decision?The products, the pricing, the promotion, and the sales channel are the four crucial factors that influence a customer's decision to buy. Shopping online, using a smartphone app, or at a physical store is not the same as doing so in a physical store.
In what ways does marketing influence a consumer's purchase decision?Because consumers watched the first brand's commercial more frequently, they choose that one over the competition. Simply having better blogs, more visually appealing content, and opinion leaders on staff seems to make some businesses more trustworthy than others in the eyes of the public.
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Suppliers have more time to devote to postsale services because:
O A. supply chain management is no longer a critical element in the buying process.
O B. of the automation of routine transactions in the purchasing process.
O C. buyers and sellers have become independent of each other.
O D. the overall cycle time of the purchasing process has increased.
O E. of a decline in relationship-building activities between buyers and suppliers.
Reset Selection Question 48 of 50 2 Points Which of the following forms of marketing involves talking with buyers before, during, and after the sale?
O A. Personal selling
O B. Public relations
O C. Direct marketing
O D. Sales promotion
O E. Electronic marketing
The sales rep is in charge of soliciting orders from current or potential outlet stores while selling products and attending to customer demands.
What methods are there for purchasing?The systematic acquisition of goods and services for strategic purposes is referred to as purchasing. Purchasing measures are critical to ensure that the relevant materials are acquired quickly and economically.
What is a good example of buying?Buying is often more transactional and focused on the near term. It entails activities including placing orders, creating purchase requisition, receiving, and setting up payments. Instead of seeking the highest total value, buyers frequently focus on getting products at the lowest possible cost.
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before selling bonds to investors, matteo's company must provide audited financial statements and a detailed description of the terms of the bonds. by doing so, which federal regulation is he complying with?
Governments or businesses utilize bonds, commonly referred to as fixed income instruments, to borrow money from investors. Bonds are generally issued to raise money for particular projects.
What is meant by bond?By issuing a bond, a borrower promises to reimburse a lender for the loan's principal and, typically, interest. Authorities, localities, and businesses all issue bonds.
Bonds are investment securities in which a buyer lends money for a predetermined time to a business or the government in return for regular interest payments. The bond's issuer will give the investor their money back when the bond matures.
An investor makes a loan to a borrower, such as a business or the government, in the simplest terms possible.
The borrower uses the funding to support its operations, and the investor makes a profit from the investment through interest. Bonds' market values are subject to fluctuations.
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imaging inc., a developer of radiology equipment, has stock outstanding as follows: 40,000 shares of cumulative preferred 2% stock, $75 par, and 100,000 shares of $50 par common. during its first four years of operations, the following amounts were distributed as dividends: first year, $36,000; second year, $90,000; third year, $115,000; fourth year, $140,000. compute the dividends per share on each class of stock for each of the four years.
The dividends per share on each each class of stock for each of the four years are 0.90, 2.10, 1.50 and 1.50.
How do you calculate the dividends per share for four years?Year 1
Preferred Stock (a) 40,000
Par Value (b) 75
Preferred Stock (c=a*b) 3,000,000
Percentage (d) 2%
Annual Dividends for Preferred Stock (e=c*d) 60,000
Dividends Declared (a) 36,000
Preference Dividends (b) 36,000
Allocated to Common Dividends (c=a-b) 0
To compute the dividends per share:
Common Preferred
Allocated Dividends (a) 0 36,000
Number of Shares (b) 100,000 40,000
Dividends per Share (c=a/b) 0 0.90
Year 2
Preferred Stock (a) 40,000
Par Value (b) 75
Preferred Stock (c=a*b) 3,000,000
Percentage (d) 2%
Annual Dividends for Preferred Stock (e=c*d) 60,000
Dividends Declared (a) 90,000
Annual Preference Dividends (b) 60,000
Balance(c=a-b) 30,000
Dividends in Arrears (60,000-36,000) (d) 24,000
Dividends for Common Stockholders (e=c-d) 6,000
Common Preferred
Allocated Dividends (a) 6,000 84,000
Number of Shares (b) 100.000 40,000
Dividends per Share (c=a/b) 0.06 2.10
Year 3
Preferred Stock (a) 40,000
Par Value (b) 75
Preferred Stock (c=a*b) 3,000,000
Percentage (d) 2%
Annual Dividends for Preferred Stock (e=c*d) 60,000
Dividends Declared (a) 115,000
Annual Preference Dividends (b) 60,000
Dividends for Common Stockholders (c=a-b) 55,000
Common Preferred
Allocated Dividends (a) 55,000 60,000
Number of Shares (b) 100.000 40,000
Dividends per Share (c=a/b) 0.55 1.50
Year 4
Preferred Stock (a) 40,000
Par Value (b) 75
Preferred Stock (c=a*b) 3,000,000
Percentage (d) 2%
Annual Dividends for Preferred Stock (e=c*d) 60,000
Dividends Declared (a) 140,000
Annual Preference Dividends (b) 60,000
Dividends for Common Stockholders (c=a-b) 80,000
Common Preferred
Allocated Dividends (a) 80,000 60,000
Number of Shares (b) 100.000 40,000
Dividends per Share (c=a/b) 0.80 1.50
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you have had several instances of product development plans for your company being leaked to other rival companies. which data loss prevention technique can you use to prevent these documents from leaving your organization's networks
Use a content filter to block development documents from being sent outbound have had several instances of product development plans for your company being leaked to other rival companies.
In business and engineering, new product improvement covers the whole system of bringing a new product to marketplace, renewing an current product or introducing a product in a new marketplace. A valuable factor of NPD is product design, along side numerous business considerations.
Product improvement -- additionally known as new product control -- is a sequence of steps that consists of the conceptualization, layout, development and advertising of newly created or newly rebranded items or services. Product improvement includes a product's complete journey -- from the preliminary idea to after its marketplace release. five phases guide the new product development system for small groups: idea technology, screening, concept improvement, product development and, eventually, commercialization.
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An account that is not closed at the end of the period is called a(n) temporary account expense account revenue account permanent account /1 pts
The correct answer is Revenue and Expenses accounts are closed to income summary. Income summary is a temporary account which will be closed to retained earnings.
Accounts that remain open at the conclusion of your accounting cycle are known as permanent accounts. You carry over the balances of your permanent accounts from period to period rather than making closing entries. Permanent accounts will essentially always have a cumulative balance that will continue over. A general ledger account that has a zero balance at the start of each accounting year is referred to as a temporary account. The money is then transferred to another account at the end of the year to eliminate the account's balance. Closing entries does this. Nominal accounts is another name for temporary accounts.
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When licensed agent submits a renewal application with applicable fee on or before expiration date:
When a licensed agent submit a renewal application with applicable fees on or before the expiration date---After the specified expiration date, the agent will be able to continue working for up to sixty days.
What is meant by "application fee?"A fee imposed by some lenders for accepting an application. It may or may not cover additional expenses like a credit report or property appraisal, and it may or may not be refunded if the lender denies the loan.
Licensed agent:When selling a product, service, or property, licensed agents act as authorized brokers on behalf of an individual owner or organization. A licensed agent can pursue careers in a variety of fields, including banking, insurance, and real estate.
What is an agent's significance?In legal jargon, an agent is a person who has been given the legal authority to act on behalf of another person or entity. A specialist might be utilized to address a client in talks and different dealings with outsiders. The specialist might be given dynamic power.
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bank alpha has an inventory of aaa-rated, 15-year zero-coupon bonds with a face value of $400 million. the bonds currently are yielding 9.5 percent in the over-the-counter market. a. what is the modified duration of these bonds? b. what is the price volatility if the potential adverse move in yields is 25 basis points? c. what is the dear? d. if the price volatility is based on a 90 percent confidence limit and a mean historical change in daily yields of 0.0 percent, what is the implied standard deviation of daily yield changes?
The modified duration of these bonds are 13.6986
What is the difference between duration and modified duration?Modified duration calculates the variation in bond value caused by a 100-basis-point (1% change) in interest rates. The Macaulay duration is an extension of the modified duration; hence, the Macaulay duration must be determined first. The weighted average of the durations of each bond held in a fixed-income portfolio is used to determine its duration.
Given:
a) MD = D/(1 + R) = 15/(1.095) = 13.6986
b) The price volatility = (MD) x (potential adverse move in yield)
= (13.6986) x (0.0025)
= 0.03425 or 3.425 percent.
c. Daily earnings at risk (DEAR) = ($ value of position) x (Price volatility)
Dollar value of position = $400m/(1 + 0.095)¹⁵ = $102,529,350.
Therefore, DEAR
= $102,529,350 x 0.03425 = $3,511,279.
d. Potential adverse move in yields = confidence limit value x standard deviation value.
Therefore, 25 basis points
= 2.33 x σ, and σ = 0.0025/2.33
= 0.001073 or 10.73 basis points.
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scientists have engineered bacteria to produce human proteins, such as human growth hormone (hgh) used to help treat dwarfism. suppose the unmodified eukaryotic gene coding for hgh is inserted directly into a bacterial chromosome. select the reasons why no expression would be seen in the bacterial cell for the hgh gene. the gene will induce attenuation in the bacterial cell, which will cause a delay in the transcription and translation of the hgh gene. bacteria cannot remove intronic sequence from a gene, so if the gene for hgh were transcribed, it would translate to a nonfunctional protein. the bacterial nucleoid does not have the proper proteins to transcribe the eukaryotic gene. the bacteria will not recognize the eukaryotic promoter to transcribe the gene.
The Correct option is B. Bacteria cannot remove an intronic sequence from a gene, so if the gene for HGH were transcribed, it would translate to a nonfunctional protein.
The time period intron refers to each DNA sequence inside a gene and the corresponding RNA sequence in RNA transcripts. The non-intron sequences that end up joined via this RNA processing to shape the mature RNA are called exons. The series of DNA in between exons that is to start with copied into RNA but is reduced out of the final RNA transcript and consequently does not alternate the amino acid code. a few intronic sequences are acknowledged to have an effect on gene expression.
Deep intronic variations are the genetic versions falling more than 100bp away from the closest exon-intron boundary. Of path, like all other sorts of editions, deep intronic versions may be pathogenic, however, their pathogenicity is tough to verify. Intergenic areas may additionally include practical elements and junk DNA. Intergenic regions need not be confused with intragenic areas (or introns), which can be non-coding areas that can be found within genes, mainly within the genes of eukaryotic organisms.
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our confidence in the acceptability of paper money is strengthened because the government has designated currency as what?
Our confidence in the acceptability of paper money is strengthened because the government has designated currency as legal tender.
Legal Tender:Within a specific political jurisdiction, legal tender refers to currency that is accepted legally.Laws governing legal tender effectively forbid the economy from using anything other than the recognized forms of payment.In addition to the economic purposes of money, legal tender also enables the manipulation of currencies and monetary policy.A statute that designates something as legal tender and the organization that is permitted to produce and issue it to the general public, such as the U.S. Treasury in the United States or the Royal Canadian Mint in Canada, are specified in the law that establishes legal tender.Learn more about Legal tender, here
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suppose the marginal cost of an appointment is $100 and the market is perfectly competitive. answer all of the following questions twice: once considering a market without medical insurance and once considering a market with medical insurance. b. how many physician appointments will the typical patient have each year without and with insurance?
Consider a market where there is perfect competition and the marginal of an interview is $100. A sector without medical insurance is taken into consideration twice, followed by a sector without medical insurance.
How does medical work?Bauer, Ph . d A doctor of osteopathic, or D.O., is a fully qualified and credentialed medical professional. A U.S. osteopath medical school awards a doctor of chiropractic medicines degree. An M.D., or doctor of medicine, is a graduate of a conventional medical school.
Which is better, Medicare or medical?Regardless of income, Medicare covers people over 65 or those who have severe disabilities, whereas Doctor (California's government and subsidized Medicaid program) covers pregnant women and families with really low incomes.
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under u.s. laws, who has the right to hold an election to choose what union they want to represent them, if any? multiple choice only private workers only public workers most private and public workers only the employer
only private workers under US laws, who has the right to hold an election to choose what union they want to represent them,
Give a detail about election.
A formal process of communal decision-making, an election is how a population choose a person or people to hold public office.
Since the 17th century, elections have been the primary means by which contemporary representative democracies have been governed[1]. Elections may be used to fill positions in the legislature, occasionally in the executive and judicial branches, as well as for regional and municipal governments. Numerous other private and commercial organisations, including clubs, nonprofit organizations, and businesses, also employ this procedure.
The practice in the democratic archetype, ancient Athens, where elections were regarded as an oligarchic institution and the majority of political offices were filled through sortition, contrasts with the widespread use of elections as a tool for choosing representatives in modern representative democracies.
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true or false? buyer personas are non-fictional case study examples of your most successful customer.
The given statement is false. Buyer personas are fictitious individuals. This means that you should conduct a thorough behavioral study and data analysis before developing them rather than basing them on assumptions.
Real interviews with living people are essential to collecting relevant information for defining your identity. A buyer persona is the research-based profile of a target consumer. Buyer personas describe the traits of your ideal customers, including their everyday activities, issues they face, and methods of decision-making.
A detailed profile of a consumer in your target market is known as a buyer persona. Although this character is fictional, it is based on careful analysis of your existing or intended audience. A marketing persona, audience persona, or client persona are other names for it.
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The length of time for which a business summarizes its financial information and reports its financial performance.
a. Fiscal period
b. Fiscal year
c. Work sheet
d. Trial balance
The length of time for which a business summarizes its financial information and reports its financial performance is known as fiscal period.
The fiscal period is calculated in what way?The end of any given 12-month period coincides with the beginning of a company's fiscal year. For illustration, FY 2021 would be the fiscal year that ran from May 1 to April 30, 2020. Additionally, fiscal years always conclude on the final day of the month, unless it is December (in which case it would simply be a calendar year).
What does the fiscal period finish mean?The conclusion of your company's financial year is sometimes referred to as the fiscal year finish. Your company's legal structure will determine when the fiscal year ends. To find out more about the end of your company's fiscal year, look at the topics below: revenue from corporations.
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morally speaking, business must be sensitive to its impacts on the physical environment primarily because of the a. fiscal obligations a business has to its stockholders. b. intrusion into an ecosystem frequently causes favorable effects. c. interdependence of an ecosystem's elements. d. possible public perception of negligence and potential legal implications.
Because the components of an ecosystem are interdependent, business must be mindful of its effects on the physical environment. Hence, Option C is correct.
Ecosystems are made up of both biotic (or alive) and abiotic (or nonliving) components. All live creatures in an ecology are referred to as "biotic components," whereas "abiotically" refers to non-living items.
These biotic and abiotic interactions keep the environment's equilibrium. Rocks, temperature, and humidity are examples of abiotic variables. In an ecosystem, every component is dependent on every other component, either directly or indirectly.
The business ecosystem essentially consists of a network of connected businesses that compete and collaborate with one another to increase sales and survive. Suppliers, distributors, consumers, the government, processes, goods, and rivals are all part of an ecosystem.
Therefore, Option C is correct.
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Designing and making custom-made guitars is an example of which of the following processes?
a. Assembly process
b .intermittent process
c. analytic system
d. continuous process
Answer:
Intermittent Process
Explanation:
12. The Code requires that REALTORS® respect:
a. only exclusive relationships REALTORS® have with their clients.
b. all relationships¸ whether exclusive or non-exclusive¸ that REALTORS® have with their clients.
c. non-exclusive relationships other REALTORS® have with customers.
d. exclusive relationships other REALTORS® have with their clients.
13. The Code prohibits:
a. exaggeration¸ misrepresentation and concealment of pertinent facts about the property or the transaction.
b. solicitation of licensees in other firms.
c. taking unfair advantage over other REALTORS®.
d. filing complaints against other licensees in the same firm.
14. Licensees can generally rely on the statements of the seller (such as in a Seller Disclosure Statement) unless the licensee has reason to believe the information is not true.
a. True
b. False
The Code requires that REALTORS respect (D) exclusive relationships other REALTORS® have with their clients.
The Code prohibits (A) exaggeration¸ misrepresentation and concealment of pertinent facts about the property or the transaction.
The statement is True that Licensees can generally rely on the statements of the seller
12) The details provided According to the Code, REALTORS must respect complaints made against other licensees working for the same company. Exaggeration, false representation, and the withholding of important information concerning the real estate or the transaction.
13) Our Code of Ethics prologue includes the Golden Rule. A stockbroker who says, "I will work with you," can anticipate receiving a collaboration fee from the other broker. The public's buying and selling are shielded by an ethics code.
14) Indian Code: Protection of Human Rights Act 1993: Public policy, according to Guy Peters, is "a set of steps performed by governments with the intention of It effectively says that the intent behind the law's introduction was to influence or bring about some change.
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what philosophy was widely adopted first by japanese companies and then american companies during the 1980s and early 1990s, and from which the six sigma methodology directly descended?
Total quality management philosophy was widely adopted first by Japanese's companies and then American companies during the 1980s and early 1990s, and from which the six sigma methodology directly descended.
If the "sigmas" are negative, then there are always more errors than there are "sigmas." The more "sigmas" there are, the less errors there are. When using the Six Sigma methodology, the more faults there have, the fewer "sigmas" there are.
All work is viewed as processes that can be defined, monitored, analyzed, improved, and managed from the Six Sigma philosophic perspective. Processes generate outcomes (y) from inputs (x) (y). You can manage the outputs if you manage the inputs. Typically, this is written as y = f. (x).
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What qualities would ideally suit a monopolistic firm with regard to barriers to entry?
Select one:
a. a few impediments to limit new firms from operating and expanding within the market
b. sufficient strength to prevent or discourage potential competitors from entering the market
c. government rules on prices, quantities, or conditions of entry in an industry
d. government regulations that provide no barriers to entry, exit, or competition
The correct answer is b. sufficient strength to prevent or discourage potential competitors from entering the market.
These obstacles include economies of scale that result in natural monopolies, the management of a physical resource, limits on competition imposed by law, protection of patents, trademarks, and copyrights, and tactics to scare rivals such predatory pricing. These gains ought to spur intense rivalry as outlined in Perfect Competition, but due to one specific monopolistic feature, they do not. Entry barriers are the societal, economic, or technical factors that deter or forbid potential rivals from joining a market. A monopolistic competitive industry has minimal entry requirements, and actions made by any one business do not immediately impact those of its rivals. The price and marketing choices made by the rival firms serve as their points of differentiation.
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a company has sales of $150 million, cost of goods sold of $100 million, and a before tax profit of 8%. if purchasing was able to reduce the cost of goods sold by $5 million, how much additional sales would be required to achieve the same impact on profit?
$62.5 million of additional sales will be required to achieve the same profit, a company has sales of $150 million, cost of goods sold of $100 million, and a before tax profit of 8%.
We presume that a before tax profit of 8% means “before tax profit = 8% of Sales value”
When cost of goods sold is reduced by $ 5 million , profit will go up by equal amount i.e. $5 million
Based of above formula ,
8% of Increase in sales value = Increase in profit ( i.e. $ 5 million)
Hence , Increase in sales value = $ 5 million / 8% = $5/0.08 = $62.5 million, Profits generated prior to paying taxes are taken into account when calculating a company's profitability (PBT). It compares all of the company's costs, such as operational and interest costs, to its receipts but leaves out the payout of income. A metric called "profit before tax" examines a corporation's earnings before the company is required to pay corporate income tax. In essence, it is all of a company's profits before taking any taxes into account. Operating profit less interest appears on the income statement as profit before taxes.
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There are seven commonly used organizational buying criteria. One of them is __________.
price
loyalty
flexibility
adaptability
consumer demand
There are seven commonly used organizational buying criteria. One of them is Price.
What are the seven most frequently used buying criteria for organizations?Price, ability to meet the item's quality requirements, ability to meet the needed delivery schedule, technical capability, warranties, and claim procedures, past performance on prior contracts, production facilities, and capacity are some of the often utilized criteria.
The majority of people will respond with "safety" when asked what is most important when selecting an airline. Because safety is assumed, if you ask the same person what criteria they use to purchase a ticket, their response will not be "safety." Safety is a must-have. Buying criteria can include anything from: price, delivery speed, service availability, manufacturing location, etc. You should also be aware of how much weight each criterion has in relation to the market. Although the speed of delivery is more important than the low price, it could be a criterion.
There are seven commonly used organizational buying criteria. One of them is Price.
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