The following statement "Direct selling is the most expensive form of retailing" is True.
Unlike wholesale, which sells products and services to businesses or institutional customers, retail is the sale of goods and services to consumers. Retailers buy products in bulk from manufacturers, either directly or through wholesalers, and then make a profit by selling them to customers in smaller quantities. The chain of distribution between the producer and the consumer ends with the retailer.
Retail markets and shops have been around since the dawn of time. Itinerant peddlers are among the oldest types of vendors. Over time, retail establishments have evolved into today's modern shopping malls from being nothing more than "rude stores".
Hence the correct option is A
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A real estate agency wants to understand the factors affecting the price of houses which are up for re-selling. The study includes 1,000 houses and estimates the following regression using OLS: Price = PageXage + Pnumsold Xnumsold + Pares Xarea + PgarageXgarage + PcitycenterXcitycenter + Poutskirts Youtskirts + Psuburban suburban * Uother where Xage denotes the age of the house, Xnumsold denotes the number of times the house was sold, Xarea denotes floor area, Xgarage denotes the size of the garage. Xcitycenter, Youtskirts, and Xsuburban are dummy variables indicating the respective locality of the house: city center, outskirts, or suburban, and other denotes the error term Assume that the least squares assumptions are satisfied unless the above information suggests otherwise. Which of the following statements are true about the explanatory variables used in this study? (Check all that apply.) dhocrequ A. The estimated coefficients will be jointly normally distributed B. The regressors in this model are perfectly multicollinear due to the variables indicating the locality of the house. C. The regression does not fall into the dummy variable trap due to the absence of the intercept term. D. The regressors in this model are perfectly multicollinear due to the absence of the intercept term. x Suppose that the model now includes an intercept term, Bo- The model should now include dummy variables indicating the locality of a house. Suppose the agency finds a high positive correlation between Xgarage and Xarea The data set would provide little information about what happens to the prices of houses with a large floor area and a garage, or vice versa, keeping other variables constant it
The statement that is true about the explanatory variables used in the study is:
The estimated coefficients will be jointly normally distributed, The regression does not fall into the dummy variable trap due to the absence of the intercept term, and The model should now include dummy variables indicating the locality of a house.
Regression analysis is employed to examine the relationship between a dependent variable and one or more independent variables.
As per the least squares assumptions, the residuals should be typically distributed, and the explanatory variables should be fixed and uncorrelated with the error term.
The estimators of the coefficients will be jointly normally distributed if the population is stable, the residuals are usually distributed with constant variance, and there is no multicollinearity
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International law does not permit host countries to give tax breaks to foreign
companies.
True or false ?
Tax incentives for foreign corporations are not permitted under international law. This is not true.
What is international law?International law is a body of laws, norms, and standards that are commonly accepted as binding between states. It sets normative norms as well as a shared conceptual framework for governments in a variety of disciplines, including military, diplomacy, economic interactions, and human rights.
Scholars differentiate international legal institutions based on their responsibilities (the degree to which states are obliged by the rules), precision (the degree to which the laws are unequivocal), and delegation (the degree to which third parties can interpret, implement, and make rules).
International law is derived from international customs, treaties, and broad legal principles acknowledged by most national legal systems.
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Let μ = E(X) and o² = Var(X). Choose ALL which, you think, are correct. E(2X+3) = 2µ+3 E(3x+2) = 3μ Var (2X+3)=40² ✓Var (X+3)=o²+3
If the mean and the variance are μ = E(X) and o² = Var(X), then the correct statements are:
E(2X+3) = 2μ+3
Var(X+3) = o²+3
Let's check each option:
» E(2X+3) = 2μ + 3
This is correct. The expected value of a linear transformation of a random variable is equal to the corresponding linear transformation of the expected value.
» E(3X+2) = 3μ
This is incorrect. The expected value of a linear transformation of a random variable is equal to the corresponding linear transformation of the expected value, so the correct expression would be E(3X) = 3μ + 2.
» Var(2X+3) = (2²) o²
This is incorrect. The variance of a linear transformation of a random variable is equal to the square of the linear transformation multiplied by the variance of the original random variable. So, the correct expression would be Var(2X) = (2²) o² = 4o².
» Var(X+3) = o² + 3
This is correct. The variance of a constant added to a random variable remains the same, so the variance of (X+3) is equal to the variance of X, which is o², plus the variance contributed by the constant, which is 0. Therefore, Var(X+3) = o² + 0 = o² + 3.
Therefore, the correct statements are:
E(2X+3) = 2μ+3
Var(X+3) = o²+3
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_______ management not only helps IT organizations shape demand, but also plan for demand and respond to changes in demand to meet business needs while controlling their IT budgets.
edit the currentsalaries named range so it refers to cells b2:b6 on the salaries worksheet. close the name manager when you are finished
To edit the current salaries named range so it refers to cells B2:B6 on the Salaries worksheet and close the Name Manager when you are finished, follow the steps below: First, click on the Formulas tab in the Ribbon.
Then, in the Defined Names group, click on Name Manager. Click on the Current Salaries range and then click on Edit. Change the reference in the Refers to box to B2: B6.
Click on OK to save your changes and close the Edit Name dialog box. After you have completed editing the Current Salaries range, click on Close to close the Name Manager.
The Current Salaries range should now refer to cells B2:B6 on the Salaries worksheet. You can confirm this by selecting the Current Salaries range and observing the cell references displayed in the Name Box.
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The Art Institute, a school for training artists to be financially self-sufficient, has a debt-to-equity ratio of 120 percent. This means the school has:
Since Art Institute have a debt-to-equity ratio of 120%, it means that the school has more debt than the equity.
Debt to equity ratio is a financial ratio used to measure the degree of which a company is financing its operations through its debt and the owned funds.
The Debt to equity ratio calculated through Total liabilities / Shareholder equitySince the Debt to the Equity ratio is 120%, that means that the debt is higher in value than the Shareholder's equity funds.
Therefore, in conclusion, the ratio of 120% means the school has more debt than the equity.
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e.if there is a tax of $2 per unit: find quantity bought/sold, consumer surplus, producer surplus, and deadweight loss
The quantity bought/sold can be determined by analyzing the supply and demand curves in the market. When a tax of $2 per unit is imposed, it affects both consumers and producers.
To find the quantity bought/sold, we need to consider the new equilibrium point after the tax is implemented. Let's assume that before the tax, the equilibrium price is $10 per unit and the equilibrium quantity is 100 units. With the tax of $2 per unit, the supply curve shifts upward by $2. As a result, the new equilibrium price for consumers will increase by the amount of the tax, to $12 per unit. However, the price received by producers will only be $10, as they have to pay the $2 tax. This difference between the price paid by consumers and the price received by producers is known as the tax incidence.
To calculate the quantity bought/sold, we can compare the new demand and supply curves at the new equilibrium price of $12. Let's say the quantity bought is 80 units and the quantity sold is 120 units. Consumer surplus can be calculated by finding the area between the demand curve and the price line. Before the tax, consumer surplus is represented by the triangle between the demand curve, the equilibrium price line, and the quantity axis. After the tax, consumer surplus is reduced due to the higher price. We can calculate the consumer surplus by finding the area of the new triangle between the demand curve, the new equilibrium price line ($12), and the quantity bought (80 units). Deadweight loss: Calculate the area between the demand curve and the supply curve, from the original equilibrium quantity to the new quantity bought/sold (80 units to 120 units).
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equipment with an original cost of $42,000 and accumulated depreciation of $13,000 was sold at a loss of $8,000. as a result of this transaction, cash would:
When equipment with an original cost of $42,000 and accumulated depreciation of $13,000 is sold at a loss of $8,000, the cash account would decrease by the amount of the loss, which is $8,000. This is because the company has received less cash than the equipment was worth.
The equipment was initially recorded on the company's books at its original cost of $42,000, but the accumulated depreciation account indicates how much of the equipment's value has been used up over time. Since the accumulated depreciation is subtracted from the original cost to determine the equipment's book value, the book value of the equipment at the time of sale would have been $29,000 ($42,000 - $13,000).
When the equipment is sold for less than its book value, the company will incur a loss on the sale. In this case, the loss is $8,000. The loss is recorded on the income statement and reduces the company's net income. The cash account is reduced by the amount of the loss, as the company has received less cash than the equipment was worth. Overall, the sale of the equipment results in a decrease in the company's assets and net income, as well as a decrease in the cash account.
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A typical feasibility study includes all of the following areas, except: O The concept for your venture O The technical feasibility of your idea O The supply situationO International trade regulations
A typical feasibility study includes all of the following areas, except International trade regulations.
Laws governing unfair competition, unfair or dishonest commercial activities, and other areas of trade regulation are sometimes grouped with antitrust laws. A part of International trade regulation law that is frequently regarded as separate is antitrust law. Trade regulatory law is occasionally seen to include franchise and distribution law, consumer protection law, and advertising law. Local companies may now export their goods thanks to international commerce, which both expands the variety of items available to domestic customers and lowers the price of those goods by fostering more competition. The benefits of free trade have not been claimed to accrue to all parties, despite the fact that all of these impacts appear to be positive. The response of various nations to a range of potential trade-influencing variables will be looked at in this article.
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What subjects are required to become a real estate agent?
Answer:
this is ans:
Explanation:
Before you can take the real estate license exam, you will take classes in subjects like real estate fundamentals, real estate law, and mortgage financing. You can take these courses at a community college, state college, or university to earn a certificate, an associate degree, or a bachelor's degree in real estate.
What are four importance of a business plan
Among the key management skills, which do you think is the most important skill that a manager should possess?
Answer:
Good communication
Explanation:
Having good communication skills is probably the most important skill of all for managers to have. Unless you can properly communicate with those you supervise, the rest of the skills really won't matter.
Why would My future job be a flight attendant
Answer:
if you like to travel and be on planes and get that bag then be a flight attendant :) do what you want to!
Explanation:
5. The source document for all cash payments is a sales invoice. (P. 60)
true or false
Answer:
false
Explanation:
A sales invoice is an accounting document addressed to a client informing them of the amount they should pay for the goods or services provided. It details the services or products provided, the date, name of the client, the amount due, among other details. The invoice does not keep information on cash payments.
The check is the document that contains information on cash payments. The checkbook will retain details of all payments, such as amount, payee, and payment date. This data is useful in cash reconciliations.
The source document for all cash payments is a sales invoice. Thus, the given statement is false.
The source document for all cash payments is not a sales invoice. A sales invoice is typically generated when a company makes a sale to a customer, documenting the details of the transaction and serving as a request for payment. However, when it comes to cash payments, the source document is usually a receipt or cash voucher.
A receipt is issued to the payer as proof of payment received, providing information such as the date, amount, payment method, and details of the transaction. Cash vouchers, on the other hand, are internal documents used within a company to track and record cash payments made.
Thus, the given statement is false.
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Which type of market are you in if your company, along with three other companies, controls 95 percent of the total music industry? A. monopolistic competition B. perfect competition C. monopoly D. oligopoly
Answer: the answer to your question is D) oligopoly
Explanation:
Answer:
it's D. oligopoly
Explanation:
Oligopoly is a market structure where only a few large firms control a major share of the market.
Think about the effects of building condominiums in the rain forest. While activists in the United States have worked hard to fight those large corporations that are willing to sacrifice the environment for financial gain, natives of the rain forest do not have the means to engage in such battles.
Should powerful U.S. firms consider the potential moral ramifications of their international capital budgeting projects when seeking to invest in poorer countries? Support your views with appropriate arguments citing relevant references where possible.
Yes, powerful U.S. firms should consider the potential moral ramifications of their international capital budgeting projects when seeking to invest in poorer countries as these firms have a social responsibility to consider the impact of their actions on the environment and local communities.
One of the main reasons why U.S. firms should consider the potential moral ramifications of their international capital budgeting projects is the impact on the environment. Building condominiums in the rain forest can have a negative impact on the ecosystem, leading to loss of biodiversity, deforestation, and climate change. This can have far-reaching consequences, not just for the local environment, but for the global climate as well.
Another reason why U.S. firms should consider the potential moral ramifications of their international capital budgeting projects is the impact on local communities. The construction of condominiums in the rain forest can lead to displacement of local communities and loss of their livelihoods. This can have a negative impact on the local economy and exacerbate poverty in the region.
In conclusion, powerful U.S. firms should consider the potential moral ramifications of their international capital budgeting projects when seeking to invest in poorer countries. This is because these firms have a social responsibility to consider the impact of their actions on the environment and local communities. By taking into account the potential moral ramifications of their actions, U.S. firms can ensure that their investments are sustainable and beneficial for all stakeholders.
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7. A personal filing system should
hold just a few of your important documents
consist of half of one room in your house
be simple and developed to meet your needs
be stacks of papers sorted into categories
Answer:
I would say the third option:be simple and developed to meet your needsExplanation:
Hope this helps :)
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And have an amazing day <3
Note that common tasks are listed toward the top, and less common tasks are listed toward the bottom. According to
O*NET, what are common tasks performed by Graphic Designers? Check all that apply.
conferring with clients
creating designs, concepts, and sample layouts
scheduling projects for clients
hiring and training new team members
determining size and arrangement of illustrative material and copy
developing graphics and layouts
Answer:
creating designs, concepts, and sample layouts
scheduling projects for clients
determining size and arrangement of illustrative material and copy
developing graphics and layouts
Answer:1,2,5,6.
Explanation:
EXPLAIN THE FOLLOWING SITUATION BASED FROM YOUR OBSERVATION.
A. FAMILY LIFE
B.PEACE AND ORDER
C.ENVIRONMENTAL CONDITION
D.POLITICS
E.ECONOMY
F. HEALTH
G. JOBS AND EMPLOYMENT
Answer:
Explanation:
A. Family life refers to the relationships and dynamics within a family. It includes factors such as communication, love and support, discipline, and responsibilities within the family.
B. Peace and order refers to the level of stability, security, and safety within a community or society. It is maintained through laws, law enforcement, and social norms.
C. Environmental condition refers to the state of the natural surroundings, including air quality, water quality, and the presence of natural resources. It also includes the impact of human activities on the environment.
D. Politics refers to the systems and processes by which a society is governed, including the formation and exercise of power, decision-making, and the distribution of resources.
E. Economy refers to the production, distribution, and consumption of goods and services within a society. It includes factors such as employment, trade, and the level of wealth within a society.
F. Health refers to the physical and mental well-being of individuals and communities. It includes factors such as access to healthcare, nutrition, and hygiene.
G. Jobs and employment refer to the availability and conditions of work within a society. It includes factors such as the unemployment rate, the types of jobs available, and the wages and benefits offered by employers.
In 18th century, what was the main reason of slow down of Indian Foreign Trade
Answer:
Introduction to India’s Foreign Trade:
Even being a typical poor underdeveloped country, India’s foreign trade was in a prosperous state during the period under review. In terms of volume of trade and the range of commodities entering into trading list, India was better placed compared to other contemporary underdeveloped countries. But that must not be viewed as an indicator of prosperity. Above all, her pattern of trade was definitely different from those of other underdeveloped countries.
India’s composition of trade (i.e., pattern of imports and exports) before 1813 included manufactured goods as well as primary articles in export list and metals and luxury products in the import list. But such pattern of trade was supplanted by the import of manufactured goods and exports of agricultural raw materials and food grains during much of the nineteenth and twentieth century. This must not be the sign of prosperity or cause for jubilation.
Explanation:
Rather, this situation generated much heat and controversy because, instead of being an engine of growth, foreign trade, as engineered by the British Government, exacerbated economic exploitation. It hampered the process of industrialization. It brought untold misery to the masses. Most importantly, of course partly the backwardness of Indian industry and agriculture is ‘the effect of its external trade which moulded into shape the productive mechanism of the country.’
To understand the nature of the controversy it will be fruitful to tell something about the history of India’s foreign trade during 1757 and 1947. The growth of foreign trade during the two centuries can be divided into following unequal periods: 1757 to 1813, 1814 to 1857, 1858 to 1914, and from 1915 to 1947.
The first period—the early years of the British East India Company (EIC)—is known as the ‘age of mercantilism’. During the period under consideration trade statistics is not available. However, some sort of institutional changes in trade took place during this period.
In the mid-18th century, Indian foreign trade was mainly conducted by the English, Dutch, French, and Portuguese traders and merchants. But the revolution of 1757 strengthened the supremacy of the British EIC. In the process, the EIC monopolized trade and ousted the other merchants and traders.
During an inspection, the OSHA compliance officer cited a machine guarding violation which had been previously reported to a supervisor. Under which criteria is hazard recognition established
The criteria under which hazard recognition is established during an OSHA inspection is Employer Recognition.
What is an OSHA inspection?An OSHA inspection involves the following activities:
Health and safety compliance officers visit the workplace. OSHA compliance officers help employers and their employees to reduce hazards and prevent illnesses, injuries, and deaths in work environments.OSHA inspections are usually triggered when employers report a workplace fatality or reportable serious injury (hospitalization, amputation, loss of eye).After an OSHA investigation, the company is presented with various violations to correct. OSHA initiates a follow-up visit, to confirm if the hazards have been addressed.Follow-up actions are taken based on the prevailing situation.Thus, the criteria under which hazard recognition is established during an OSHA inspection is Employer Recognition.
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Lisa needs to determine the price for her new product. She wants to list it at a price point her customers will approve of while keeping it high enough that she earns a decent profit to benefit shareholders. Lisa is trying to please multiple.
In situation where Lisa wants to list product at pricing method her customers will approve of while keeping it high enough that she earns decent profit to benefit of shareholders, she is trying to please the multiple priorities.
What is the significance of a pricing method?A pricing strategy is a means by which a manufacturer or seller establishes the price at which the greatest possible amount of their goods will be purchased on the market and at which the seller will also receive a sizable profit margin. When a price strategy is chosen by the seller to guarantee both demand and profits, in that situation, the seller is known to satisfy both the shareholders and the customers, i.e., dual priorities.
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Complete Question:
Lisa needs to determine the price for her new product. She wants to list it at a price point her customers will approve of while keeping it high enough that she earns a decent profit to benefit shareholders. Lisa is trying to please multiple:
a. businesses
b. Stakeholders
c. priorities
d. Shareholders
e. clients
The shelf life of milk is 7 days. You have 22 gallons on hand. You normally sell 4 gallons each day. Do you expect to have to throw out any milk?
Explanation: You will throw away no gallons of milk because if you sell 4 gallons every day then 7 times 4 equals 28 so you will only work for 5 an a half days.
Answer:
B
Explanation:
Sharon contributed property to the newly formed QRST Partnership. The property had a $100,000 adjusted basis to Sharon and a $160,000 fair market value on the contribution date. The property was also encumbered by a $90,000 nonrecourse debt, which was transferred to the partnership on that date. Sharon is treated as a general partner. She is allocated 30% of QRST's profits and 20% of QRST's losses. Sharon's basis in the partnership interest after the formation transaction is:
Answer: $37000
Explanation:
Sharon's basis in the partnership interest after the formation transaction is calculated below:
Adjusted basis of property to Sharon = $100,000
Less: Basis in mortgage = $90000 × (100% - 30%) = $90000 × 70% = $63000
Then, Sharon's basis in the partnership interest after the formation transaction will be:
= $100000 - $63000
= $37000
whenever any new organizational change initiative is announced, one of the first things that employees consider is "how will this affect the company?"
a. true
b. false
a. True. when a new organizational change initiative is announced, employees naturally consider how it will affect the company.
This is because any significant change within the organization has the potential to impact various aspects such as job roles, responsibilities, processes, and overall work environment. Employees are concerned about potential changes in their job security, career growth opportunities, work-life balance, and the company's performance and stability. Understanding the impact of the change helps employees assess the potential risks and benefits, enabling them to adapt and make informed decisions about their own roles and future within the organization.
When a company undergoes a significant change initiative, such as a restructuring, merger, or adoption of new technologies, employees are likely to ponder the implications it will have on the organization. This consideration stems from their vested interest in the company's well-being and their personal stake in its success. Employees naturally want to understand how the change will affect their roles, responsibilities, and work dynamics. They may also evaluate the potential consequences for the company's financial performance, market position, and overall stability. This evaluation helps employees gauge the potential risks and opportunities associated with the change, enabling them to align their expectations and actions accordingly.
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recently, job m759 was completed. it required 60 machine-hours. the amount of overhead applied to job m759 is closest to:
Beat Company utilizes a job-order costing system with a single, predetermined plant-wide overhead rate based on machine hours. The amount of overhead applied to the Job M759 is hence closest to 750.
What is called overhead rate?The overhead rate is the proportion of a company's indirect costs, such as rent and other administrative expenses, to its direct costs, sales, or other inputs, such as machine hours. It demonstrates to owners and managers of companies how much more expensive indirect costs are than, for example, direct manufacturing costs or gross sales.
A few examples of overhead expenses are rent and utilities, business permits, accounting fees, advertising charges, and payroll. Costs that are fixed cost, variable, or semi-variable are the three different categories of overhead. An overhead percentage of no more than 35% of total revenue is thought to be favorable in a well-performing company.
Given:
POHR=MOH/allocation base
Applied= POHR × actual hours
344,000+(3.9×40,000)/40,000=12.5
12.5×60=750
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The complete question is:
Beat Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data:
Total machine-hours 40,000Total fixed manufacturing overhead cost $ 344,000Variable manufacturing overhead per machine-hour $ 3.90
Recently, Job M759 was completed. It required 60 machine-hours. The amount of overhead applied to Job M759 is closest to: (Round your intermediate calculations to 2 decimal places.)
Shamrock has been in business several years. At the end of the current year, the unadjusted trial balance shows: Accounts Receivable $327,100 Dr. Sales Revenue 2,066,100 Cr. Allowance for Doubtful Accounts 5,892 Cr. Bad debts are estimated to be 7% of receivables. Prepare the entry to adjust Allowance for Doubtful Accounts. (Credit account titles are automatically indented when amount is entered. Do not indent manually. )
The adjustment entry to adjust the Allowance for Doubtful Accounts would be: Bad Debt Expense $22,997
Allowance for Doubtful Accounts $22,997
To adjust the Allowance for Doubtful Accounts, we need to calculate the estimated amount of bad debts based on the 7% of Accounts Receivable and then make the corresponding adjustment entry. Here's how the entry should be prepared:
Allowance for Doubtful Accounts XXX
Bad Debt Expense XXX
The entry to adjust the Allowance for Doubtful Accounts is a debit to Bad Debt Expense and a credit to Allowance for Doubtful Accounts.
Now, let's calculate the estimated amount of bad debts:
Accounts Receivable * Estimated percentage of bad debts = Bad Debt Expense
$327,100 * 7% = $22,997
Therefore, the adjustment entry to adjust the Allowance for Doubtful Accounts would be:
Bad Debt Expense $22,997
Allowance for Doubtful Accounts $22,997
Please note that the amounts mentioned in the entry are based on the given information and calculations.
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the marginal cost curve intersects the average variable cost curve at: a its maximum. b its endpoint. c all points; the curves are the same. d no point; the curves don't intersect. in its lowest point.
In economics, the marginal cost curve intersects the average variable cost curve at the minimum.
What is the relationship between both curve?In micro-economics, when marginal cost and average variable cost curves are plotted, the average variable cost appears to be U-shaped and the marginal cost intersects with the average variable cost curve at its lowest point.
This situation of the graph depicts that the marginal cost intersects the average variable cost at the minimum point. Therefore, the word "minumum" is the correct answer.
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Brie just created the blueprint of a deck using her computer software. She then sent the design to Gunther, who estimated the total cost of wood, hardware, and other materials that might be used. The plans were then sent to Justin, who ordered the supplies and did the physical labor. Which best describes the jobs of each individual based on the tasks performed?Brie works in Maintenance, Gunther works in Construction, and Justin works in Design/Pre-Construction.
Brie works in Design/Pre-Construction, Gunther works in Construction, and Justin works in Maintenance.
Brie and Justin work in Construction, and Gunther works in Design/Pre-Construction.
Brie and Gunther work in Design/Pre-Construction, and Justin works in Construction.
Answer:
The answer is D
Explanation:
Answer:
Its D
Explanation:
the transfer of some of what are traditional internal activites and resources of a firm to outside vendors is
The transfer of some of what are traditional internal activities and resources of a firm to outside vendors is outsourcing. The correct option is c) outsourcing.
Outsourcing refers to the transfer of traditional internal activities and resources of a firm to outside vendors. This is a strategic decision made by companies to focus on their core competencies and delegate non-core tasks to external parties who specialize in those areas. The make or buy decision, mentioned in option D, is closely related to outsourcing, as it involves determining whether to produce goods or services in-house or to purchase them from external sources.
Outsourcing offers several benefits, such as cost savings, increased efficiency, and access to specialized expertise. However, it also comes with potential risks like loss of control over processes and potential quality issues. Therefore, companies must carefully consider the pros and cons before deciding to outsource any of their activities.
The other options, A) not allowed by the ethics code of the Supply Management Institute, B) keiretsu, and E) offshoring, are not related to the transfer of internal activities and resources of a firm to outside vendors. Keiretsu refers to a Japanese business network comprising interlinked companies, while offshoring involves relocating business processes to a different country, often to reduce costs. The correct answer to your question is C) outsourcing.
The complete question is:
The transfer of some of what are traditional internal activities and resources of a firm to outside vendors is
A) not allowed by the ethics code of the Supply Management Institute
B) keiretsu
C) outsourcing
D) a standard use of the make or buy decision
E) offshoring
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