The impact of a retail shopfitting strategy is that it ensures that the retail store attracts and engages the customers.
<h3>What is retail shopfitting?</h3>
Retail shopfitting is the use of colors, displays, and various fittings as a strategic business move and attractively fitting the retail shop, ensuring:
- Increased visual impact
- Customers find your store
- Increased customer sales
- The communication of retail brand
- Improved business performance and profitability.
Thus, the impact of a retail shopfitting strategy is that it ensures that the retail store attracts and engages the customers.
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The correct answer in the space provided is the total
quality management. The total quality management is where it is responsible for
causing an improvement in regards of improving the ability of an organization
or group in a way of delivering their services or products to their consumers.
Answer:
(D) marginal cost, the average variable cost, and the average total cost will shift up.
Explanation:
Given the nature of business of AI's Donuts, flour prices is part of the variable cost of the business as it will change will any change in the output of the firm.
An increase in flour prices, a variable cost, will have the following effect on the following costs.
- Average variable cost will increase since flour is a variable cost.
- Average total cost will increase since average total cost = average variable cost + average fixed cost.
- Marginal cost will increase since marginal cost = (change in total cost)/(change in quantity). Marginal cost will thus increase since total cost will increase.
- Average fixed cost will however remain unchanged since only variable cost will increase.
Therefore, option (D) is correct as marginal cost, the average variable cost, and the average total cost will shift up.
Answer:
Cost of Goods Sold: 79,900
Explanation:
The returns decreases the net purchases, and the freight-in is a necessary cost for get the goods so; it is activate through inventory.
Beginning 5,000
Purchased 97,000
Return (6,500)
Fregith-in <u> 1,600 </u>
Good available: 97,100
The difference between goods available and ending inentory will be the cost of goods sale
Ending Inventory (17,200)
Cost of Goods Sold: 79,900
The total cost of skipping practice to go to the fair is $9 the opportunity cost is $15 therefore you are loosing $24 because you miss your chance of earning the $15 and you lost $9 from the mony you already had so when you add the together you get $24 hope this helps
