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Nataly [62]
2 years ago
10

Data is oftentimes considered a defensible source of competitive advantage; however, advantages based on capabilities and data t

hat others can acquire will be
Business
1 answer:
Likurg_2 [28]2 years ago
4 0

Data is oftentimes considered a defensible source of competitive advantage; however, advantages based on capabilities and data that others can acquire will be short lived.

<h3>What is data?</h3>

It should be noted that data simply means the facts and statistics that are used to analysis.

In this case, data is oftentimes considered a defensible source of competitive advantage; however, advantages based on capabilities and data that others can acquire will be short lived

Learn more about data on:

brainly.com/question/26711803

#SPJ1

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Allison Cobb sells homemade knit scarves for $ 25 each at local craft shows. Her contribution margin ratio is 60​%. ​Currently,
Oksanka [162]
<h2><u>Answer</u>:  Break-Even point ( in units)= Fixed Costs ÷ (Sales price per unit – Variable costs per unit) </h2>

Allison will have to sell 6 extra scarves next year just to pay for rising entrance fee​ costs.

<h2><u>Explanation</u>:</h2>

Formula :

Break-Even point ( in units)= Fixed Costs ÷ (Sales price per unit – Variable costs per unit)

Given, Price of knit scarves = $25

Contribution margin ratio = 60%

Contribution margin per unit = (Price of knit scarves) x (Contribution margin ratio )

= $(25 x 0.60 )

= $15

Current entrance fees = $900

Percentage in increase in entrance fees = 10​%

Increase in entrance fees = 10% of  $900 = $90

Extra scarves to be sold =\dfrac{\text{Increase in extrnace fees}}{\text{Contribution margin per unit}}

\\\\=\dfrac{90}{15}=6

Allison will have to sell 6 extra scarves next year just to pay for rising entrance fee​ costs.

7 0
3 years ago
A job-cost record uses information from:
Nesterboy [21]

Answer:

All of these answers are correct.

Explanation:

a receiving report that indicates the type and quantity of each item received in an order from a supplier

<u>That is correct </u>The materials will be diferent for each jobs, so it is important to have a list of the goods availalbe

a materials requisition record to record raw material purchases from suppliers

<u>That is correct </u>The materials will be request and recorded for the job used

a labor-time card to record an employee's wage rate and hours spent on a particular job

<u>That is correct </u>The employee will assing their hours to each job.

3 0
4 years ago
A ________ is a network of activities for accomplishing a business function.
xeze [42]

Answer:

busness process

Explanation:

3 0
2 years ago
What is a possible unintended effect of a price floor and price ceiling?
LenKa [72]
<span>Price ceilings prevent a price from rising above a certain level.When a price ceiling is set below the equilibrium price, quantity demanded will exceed quantity supplied, and excess demand or shortages will result.Price floors prevent a price from falling below a certain level.When a price floor is set above the equilibrium price, quantity supplied will exceed quantity demanded, and excess supply or surpluses will result.When government laws regulate prices instead of letting market forces determine prices, it is known as price control.</span>
7 0
3 years ago
Vineyard Corporation, a manufacturer of fine wines, began the year with 20,000 bottles in inventory. The company estimated the b
r-ruslan [8.4K]

Answer:

The desired ending inventory for the second quarter is 25,000 bottles.

Explanation:

Since the management feels that an ending inventory of 10% of the subsequent quarter's sales is appropriate, the desired ending inventory for the second quarter can be calculated using the following formula:

Desired ending inventory for the second quarter = Third quarter’s estimated budgeted sales * 10% ............... (1)

Where:

Third quarter’s estimated budgeted sales = 250,000 bottles

Substituting the value into equation (1), we have:

Desired ending inventory for the second quarter = 250,000 * 10% = 25,000 bottles

Therefore, the desired ending inventory for the second quarter is 25,000 bottles.

4 0
3 years ago
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