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<span>Product line extensions are current products that have been modified.
Answer:True</span>
Answer:
2,010,252 Shares
Explanation:
The funds that are to be raised = $53,000,000
Spread = 7.5%
Share price = $29.00
Flotation cost with issue = 925,000
We have that:
(53000000+925000)/92.5 * 100
(539,250,000/92.5)x100
= $58297.973 x 100
= $58297297.3
The offer per share is placed at $29.00
So to get the number of shares sold:
$58297297.3 / $29.00
= 2,010,252 shares are to be sold.
For produced goods, supply is typically more elastic over the long term compared to the short term because it is generally believed that over the long term, all production factors can be used to increase supply, whereas over the short term, only labor can be increased and even then, changes may be prohibitively expensive.
Because consumers don't have time to look for alternatives, demand is typically more price inelastic in the short term. Consumers eventually grow more aware of their options. The responsiveness of demand to a change in price is measured by price elasticity of demand. Electricity demand's price elasticity is higher over the long term and lower over the short term.
To learn more about long term, click here..
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Explanation:
1- Techniques: Corresponds to the skills and knowledge needed to perform business operations
Commercial: These are related to the purchase, sale and exchange process.
Financial: It relates to the demand, analysis of results and management of costs and risks of a company
According to Fayol, there are still 3 more basic functions of a company, which are: security, accounting and administrative, which is related to and integrates the other five functions.
2- The policies and strategies of a company must be related mainly to its essential purpose, described in its mission, vision and values statement.
It is necessary to have a clear and possible strategic business plan, which outlines long-term plans for a company to achieve success in the market.
As a leader, it is necessary to be aware of seeking to develop policies and methods that are aligned with the organizational structure and its values, it is important to seek to create an ethical and respectful work environment for all employees, with a focus on people management and their quality of work. It is ideal to align a policy and work procedures aligned with technology that makes work easier and faster, in addition to always seeking to establish clear and well-developed communication, to create an organizational culture that favors innovation, productivity and positive results in the micro and macroenvironment.