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2 years ago

Sales is one occupation where _________ is not determined by wage or salary limits set by an employer

Business

1 answer:

julsineya [31]2 years ago

3 0

Sales is one occupation where profit is not determined by wage or salary limits set by an employer.

<h3>What is sales?</h3>

Sales include the step by step procedure that is used in spelling a goods or services.

The activity involves in sakes aims at selling the product to make profit.

Therefore, sales is one occupation where profit is not determined by wage or salary limits set by an employer.

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Demand for stereo headphones and MP3 players for joggers has caused Nina Industries to grow almost 50 percent over the past year

nadezda [96]

Answer:

First month of next month ( x = 13) = 6170

second month ( x = 14 ) = 6389

Explanation:

Determine the estimate demand for each month next year ( use Linear regression )

Linear regression equation: y = a + bx

a = intercept between regression line and y-axis

b = slope of regression

x = month

y = demand

<u>Using excel table attached below</u>

∑x = 78

∑xy = 413340

∑y = 59360

∑(x)^2 = 650

N = 12

(∑x )^2 = 6084

next we will calculate the slope and intercept value

b ( slope ) = ( 12 * 413340 ) - ( 78 * 59360 ) / ( 12 * 650 - 6084 )

= 330,000 / 1716 = 192.31

intercept ( a ) = 59360 - ( 192.31 * 78 ) / 12 = 3696.65

Back to equation 1 :

Linear regression equation = Y = 3696.65 + 192.31 x

where x = number of month ( i.e. 13 , 14 ….. 24 )

<u>To determine the estimate demand for each month next month</u>

Linear regression equation : Y = 3696.65 + 192.31 x

first month of next month ( x = 13) = 3696.65 + 192.31 * ( 13 )

second month ( x = 14 ) = 3696.65 + 192.31 * ( 14 )

<em>Note : apply same equation to every month ( i.e. from x = 15 to 24 ) to determine the estimate demand for each month </em>

3 0

3 years ago

A leadership strategy aims at growing in a declining industry by picking up the market share of companies that are leaving the i

bekas [8.4K]

It is True that a leadership strategy tries to increase market share by absorbing firms that are exiting a dying industry. It might indicate dominance in a certain field and how well a firm is earning income in order to meet its objectives.

Benefits of Increasing the Market Share by Absorbing the exiting firms:

Market share is the ratio of a company's total sales to the total sales of the industry over the same time period.

An increase in Market share can demonstrate superiority over rivals.
A corporation can assess the success of its plans and tactical execution by looking at its market share.
Given the impact it has on operations and profitability, increasing market share ought to be one of management's top priorities.
The huge advantages of market share highlight the significance of the tactics that might raise it.

To learn more about Market share, refer to the following link:

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8 0

2 years ago

Increasing opportunity costs of producing goods imply that the production possibilities curve will be?

Artyom0805 [142]

Increasing opportunity costs of producing goods imply that the production possibilities curve will be bowed outward. In a recent Page One Economics: Money and Missed Opportunities, senior economic education specialist Andrea Caceres-Santamaria explains that opportunity cost is the value of the next-best alternative .

when a decision is made; it is what is forfeited. It is necessary to weigh the advantages and disadvantages of each choice offered in order to correctly assess opportunity costs. A company owner wants to increase the number of production available. The potential worth of that money being spent somewhere else or saved for the future is known as the opportunity cost.

To learn more about opportunity cost, click here.

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6 0

2 years ago

One of your customers is delinquent on his accounts payable balance. you’ve mutually agreed to a repayment schedule of $500 per

Vitek1552 [10]

It will take 32.55 months for the account to be paid off.

In this question, we have r = 1.40%, PMT = $500 and Present Value = $13,000.

We can use the nper formula in Excel to arrive at the answer.

The formula in Excel is : =nper(rate, pmt, pv,[fv],[type])

When we substitute the values in the question, the nper formula looks like this:

=NPER(0.014,500,-13000)

We enter the present value of the amount outstanding as a negative value, since excel considers the present value as an outflow (expense).

3 0

4 years ago

Read 2 more answers

Marilyn Simms died with a $200,000 life insurance policy. Her husband, Jack, is the primary beneficiary, and their children, Mim

marysya [2.9K]

Answer:

A) $200,000 to Jack

Explanation:

Jack is the primary beneficiary to his late wife's life insurance policy and since he is still alive, so he should get the whole $200,000.

His daughters, Mimi and Ann, are the contingent beneficiaries. That means that in case Jack had died before his wife or he was incapacitated for some reason, then they would have become the beneficiaries of the insurance policy (and each would have received $100,000).

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3 years ago