It’s is organized, the welcoming page is well put together and pleasant to look at. The blogs can be funny and witty, but what really matters is that they are relatable and the sentences flow nicely. Just my opinion though.
Answer:
The statement is: True.
Explanation:
Perfectly competitive markets are theoretical markets characterized by having many buyers and sellers, where products are homogeneous, having easy conditions for entry or exit of new firms, and where producers are price-takers because the price is determined by supply and demand.
In such a scenario, <em>companies could not set different prices such as in a price discrimination approach because consumers would rather go to the competition.</em>
Answer:
Ending work-in-process inventory is $816,000
Explanation:
Work in process Inventory is the inventory which is in the production process.
Cost of Good Manufacture = Total Manufacturing costs + Beginning work-in-process inventory - Ending work-in-process inventory
$264,000 = $780,000 + $300,000 - Ending work-in-process inventory
$264,000 = $1,080,000 - Ending work-in-process inventory
Ending work-in-process inventory = $1,080,000 - $264,000
Ending work-in-process inventory = $816,000
Watchful Eyes would probably benefit from departmentalization by Customer type
.
<u>Explanation:
</u>
The departmentalization applies to the hierarchical structure and partnership between the company and different departments and management roles. As a company expands, its divisions are expanded and more site-units are formed, introducing more management layers.
LA Gear is also an example of a company utilizing departmentalization of the product. The system is based on its wide range of products like female footwear etc. Departmentalization of the operation – Grouping of product/service processes or customer flow behaviour
Departmental business services–Grouping on the level of specific clients or consumer forms, Jobs may be classified by the group of customers the company represents. I assume that each organization's customers have a specific set of problems and criteria which specialists can better fulfill.
Answer:
Marginal Utility
Explanation:
Marginial Utility is the term used to describe the additional amount of utility (utils) given by consuming one additional unit of a product.
For example, the first bite of a cupcake could be 20 utils.
If the second bite of cupcake adds 15 utils (up to 35 utils), then the marginal utility is 15 utils.