It is clear, then, that Andro has a "sustainable competitive advantage" over its competition.
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The present business condition is exceptionally competitive. It's currently much simpler and less expensive to fire up a business, especially with innovation empowering business to be led on the web and globally to win clients in remote markets.
A sustainable competitive advantage is the key to business achievement. The power empowers a business to have more noteworthy center, more deals, better overall revenues, and higher client and staff maintenance than its rival
Answer:
the set goal was too ambitious or employees need to improve their performance.
Explanation:
A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.
Generally, managers are typically involved in taking up leadership roles and as such are expected to be build a strong relationship between their employees or subordinates by creating a fair ground for effective communication and sharing of resources and information. Also, they are required to engage their staff members (entire workforce) in the most efficient and effective manner.
Business strategy sets the overall direction for the business because it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan.
Hence, when a goal is not met, a manager should assume that the set goal was too ambitious or employees need to improve their performance. Thus, the set goals for an organization shouldn't be too ambitious while encouraging employees to be up and doing in performing their duties.
The statement that applies are the rental of ant kayak equipment you need the wages that you forgo by going kayaking and the fee for accessing the river in a national park
Explanation:
The true cost for going to a particular place includes all that costs that are included from moving to a place that includes all the wages and the vehicle cost
Here the opportunity costs includes the fee to go to the national park by crossing the river and the amount that is needed to be spent on the equipment and the wages that must be forgo by going to kayaking all these statements best includes the true costs of going to kayaking
Answer:
The correct answer is 15,000 units.
Explanation:
Sales Percent = 100 - CMR
= 100 - 40% = 60%
Sales = (Variable Expenses ÷ Sales Percent )
= ($1,80,000 ÷ 60 × 100 )
=$3,00,000
Contribution Margin Ratio(CMR) = Sales - Variable Cost
= $3,00,000 - $1,80,000
=$1,20,000
Fixed cost = Contribution Margin - Profit
= $1,20,000 - 20,000
=$1,00,000
Current Year Contribution Margin = Reduced Selling Price - (Selling Price Per Unit × Sales Percent)
= $23 - ($25 × 60% ) = $8
Number of Units to be Sold = Contribution Margin + Profit ÷ Contribution Margin Per Unit
= $1,00,000 + $20,000 ÷ $8
= $1,20,000 ÷ $8
= 15,000 units
According to the Analysis, 15,000 units must be sold in the current year .
