The two ways that Ashley should engage in—in order to
increase the profits of her business are the following;
<span>·
</span>Cut back expenses – this will lessen the expense
that could contribute to her business as a way of saving up and using the money
when only needed
<span>·
</span>Increasing sales – this is a strategy used in
means of having product’s at high prices in a way of earning a lot more
Answer:
Operational planning should be completed by
<u>first</u><u> </u><u>line </u><u>managers </u><u>every</u> and tactical planning is done by <u>middle </u><u>management</u><u> </u><u>every.</u>
What is are the duties of first line managers every?
The primary responsibility of first line manager is to manage the performance of entry level employees who are responsible for producing a company's good.
What is the duties of middle management every?
Middle manager are typically responsible for coordinating and linking groups, departments, and division within a company.
Answer:
Firm should hire the 4th worker as MR > MC.
Explanation:
Here, we are comparing the marginal cost of hiring 4th worker with the revenue generated by the 4th worker.
Marginal cost of hiring 4th worker:
= Total cost with 4 workers - Total cost with 3 workers
= $4,600 - $4,000
= $600
Total revenue generated by the 4th worker:
= Number of units produced by 4th worker × Price of each unit
= 50 × $15
= $750
Therefore, the firm should hire the 4th worker as the marginal revenue of 4th worker is greater than its marginal cost.
Answer:
discount; 1.8%
Explanation:
Calculation for the forward rate using this formula
forward rate=(F/S) - 1
Let plug in the formula
forward rate= ($1.60/$1.63) - 1
forward rate= -1.8 percent.
Therefore The forward DISCOUNT is 1.8 percent.
