Explanation:
Beginner, Apprentice, Rising Star, Helping Hand, Ambitious, Virtuoso, Expert, Ace, Genius,etc
The correct answer would be False
Answer:
The correct answer is D.
Explanation:
Giving the following information:
Chef City projects sales of 625 10-inch skillets per month. The production costs are $5 per skillet for direct materials, $2 per skillet for direct labor, and $3 per skillet for manufacturing overhead. Chef City has 60 10-inch skillets in inventory at the beginning of July but wants to have an ending inventory equal to 25% of the next month's sales. Selling and administrative expenses for this product line are $1,000 per month. Chef City is budgeted to produce 721 skillets in July with a $10 production cost per skillet.
COGS= units sold* manufacturing cost
COGS= 625*10= 6,250
Answer:
Increase price.
Explanation:
Price elasticity is the degree of responsiveness of quantity demanded to changes in price. Ideally as price increases quantity demanded reduces. When prices reduce quantity demanded increases.
As a new manager of Rock Record company, if the economics consultants inform you the price elasticity is less than one it means quantity does not change with increase in price.
So price can be increased without a corresponding decrease in price. The goal of higher revenue can be achieved by increasing the product price.
Cross-Functional Team.
Cross-functional teams are collections of employees from many departments within a business, such as marketing, product, sales, and customer success. These can be working groups where each participant is a part of both their functional team and the cross-functional team, or they can be the main organisational structure.
Because of the rising demand from customers for a consistent, highly personalised, hands-on customer experience, cross-functional teams are becoming more and more common. Cross-functional teams can be advantageous in the following ways:
1. greater cooperation between functional domains
2. greater innovation in processes and products
3. lower cycle times for important consumer touchpoints
To know more about cross functional team-
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