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Sergeeva-Olga [200]
2 years ago
14

Essman might overlook strategic risks, the business plan at hand can be a good plan and the Product mix may be one of the best.

However, things do change, and the plans and the product mix stated in the plan may become outdated making the strategy of the company less efficient to reach its goals. Technological risks may also render the product mix out of date. With the dynamism of technology other efficient products may come to the market making rendering the product mix obsolete.
Would risk retention be a good strategy for this company? Why or why not?
Business
1 answer:
WITCHER [35]2 years ago
6 0

Risk retention is good for the company as the good has the better strategies planned about the product mix and if the things changed in the future the company is able to conquer the loss.

<h3>What is product mix?</h3>

Product mix is the total number of products sell by  the particular company, the products can be further divided into the categories and division. Many big companies have the different line products like the cosmetics, glasses, home materials and others.

Thus, Risk retention is good for the company as the good has the better strategies

For more details about Product mix, click here:

brainly.com/question/17463487

#SPJ1

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Esquire Inc. uses the LIFO method to report its inventory. Inventory at January 1, 2021, was $888,000 (37,000 units at $24 each)
kvv77 [185]

Answer:

the ending inventory and cost of goods sold for 2021 based on a periodic inventory system is $816,000 and $3,378,000 respectively

Explanation:

The computation is shown below

Cost of goods sold is

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= 3,000 units × $24 + 114,000 units × $29

= $72,000 + $3,306,000

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And, the ending inventory is

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= $816,000

Hence, the ending inventory and cost of goods sold for 2021 based on a periodic inventory system is $816,000 and $3,378,000 respectively

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a report must be sent promptly to FINRA if a registered employee of a member firm for all of the following EXCEPT: A has violate
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