Answer:
revenue tariff
Explanation:
A revenue tariff is a tax levied on imported goods or services whose main purpose is to increase government revenue. It differs from other types of tariffs whose goal is to protect domestic products. E.g. a flat tariff levied on all types of imported goods.
Answer:
Diminishing marginal product of labor.
Explanation:
Remembering the law of diminishing marginal product which states that by additing unit of labour, while keeping other factors constant would over time lead to lesser output of labour.
Thus one may expect a sports team who continues to add players (additional unit of labour) to its roster above the minimum in the field would eventually not lead to increase efficiency in the field since other factors are kept constant such as increase training for players.
Answer:
1. 780,000 pints
2. $1
3. $780,000
Explanation:
1. The computation of the equivalent units of production is shown below:
= Units completed and transferred out + completed units in ending inventory × completion percentage
= 700,000 pints + 200,000 pints × 40%
= 780,000 pints
2. The computation of the unit cost for January month is shown below:
= (Beginning Work in process + Costs added during January) ÷ equivalent units
= ($156,000 + $624,000) ÷ (780,000 pints)
= $1
3. The computation of the assigned units is shown below:
= Units completed and transferred out × unit cost + completed units in ending inventory × completion percentage × unit cost
= 700,000 pints × $1 + 200,000 pints × 40% ×$1
= $780,000
The answer is the product’s quality. It is because the overall
quality of the product is the main reason why consumers want to buy the product
because the quality is the characteristic of the product possess and this will
greatly affect the consumers, especially if they like the product’s quality.
Explanation:
Strategic planning is essential for a company to be well positioned in the market and achieve success. However, more than planning, it is necessary to carry out the actions that will lead the company to achieve its objectives.
An example of a leader who knew how to effectively execute his strategies and make his company globally recognized was Steve Jobs. He wanted to create pioneering products in technological innovation and that at the same time had a focus on the needs and desires of the consumer, in addition to the central functionalities, Apple devices combined characteristics that differentiated them from their competitors, bringing a whole concept behind the brand, combining technology, innovation, design and other elements that transfer value to the product and position the brand in the market.
The greatest examples of business that can be learned from Steve Jobs is to keep the focus on innovation and customer loyalty, combining simplicity for the use of computers and cell phones with a high quality that has become a reference.
