Answer:
This approach minimizes the risk business has to take during foreign ventures. Such as finding new markets, storing the products till distribution, handling customer records and grievances and so on.
In other words, the cost of participating overseas.
Explanation:
Imagine you own a company that produces toys. Exporting your own product is profitable. Yet when the demand and the customer base grow, it becomes difficult to hand the distribution of the product, financials, tax/legal requirements and documentation all by your self.
An authorized agent or a distributor make the work much easier as they support you in various tasks we've mentioned above.
In the process, you'll have more time to think of new ways to grow your business while your agent/distributor handle the day to day tasks in operations.
Answer:
It will be a financial disadvantage of Alternative Y over Alternative X
which menas, alternative X is better as their work is lower.
Explanation:
![\left[\begin{array}{cccc}&X&Y&$Differential\\$Material cost&-43000&-62000&-19000\\$Processing cost&-47200&-47200&0\\$Equipment rent&-17800&-17800&0\\$Occupancy cost&-16800&-25100&-8300\\&&&0\\$Total&-16800&-25100&-8300\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D%26X%26Y%26%24Differential%5C%5C%24Material%20cost%26-43000%26-62000%26-19000%5C%5C%24Processing%20cost%26-47200%26-47200%260%5C%5C%24Equipment%20rent%26-17800%26-17800%260%5C%5C%24Occupancy%20cost%26-16800%26-25100%26-8300%5C%5C%26%26%260%5C%5C%24Total%26-16800%26-25100%26-8300%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Nο, thе prοgram is <em>nοt statistically significant</em> bеcausе thе rеsults arе likеly tο οccur by chancе.
Yеs, thе prοgram is <em>practically significant</em> bеcausе thе amοunt οf lοst wеight is largе еnοugh tο bе cοnsidеrеd practically significant.
Answer:
The number of units sold in 2016 is 12,058 units
Explanation:
The number of units sold in the year 2016 is simply the total revenue in 2016 divided by selling price per unit.
Total revenue =net income+total variable cost+total fixed cost
net income for 2016 is $152,800
assuming X units were sold
total variable cost =$92*X
fIxed cost =$570,700
total revenue=$152*X
152X=152800+92X+570700
152X-92X=152800+570700
60X =723500
X =723500
/60
X=12058.33
Alternatively, the number of units sold is total contribution divided by contribution per unit
Research risk and reward strategies with tactical advantages and disadvantages and use them to create how you want to play risk, either passive or dominant in your strategy but remember to get help, theres no need to do it alone if you have friends that have experience in this game and are willing to help you create a strategy that will enhance your experience and greatly increase your skills in Risk.