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Westkost [7]
4 years ago
11

The current market demand for paper clips is 320 million and its market development index is 55. calculate the approximate marke

t potential for paper clips.
Business
1 answer:
Rina8888 [55]4 years ago
8 0

To calculate for the approximate market potential, we simply have to take the ratio of the current market demand over the market development index in fraction. That is:

market potential = 320 million / 0.55

<span>market potential = 582 million</span>

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A manager invests $400,000 in a technology that should reduce the overall costs of production. The company managed to reduce the
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Answer:

a. Considered sunk costs, not relevant in further decision making

Explanation:

the missing options are:

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  • d. Considered a profit

After the investment in new technology has been made, it will be considered a sunk cost, because they are no longer relevant or important when considering or evaluating future investments and projects. Sunk costs are expenses that have already been made and incurred, and cannot be recouped.

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4 years ago
Which of the following is NOT an accurate statement?
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Answer:

The correct answer is c. Workers in high-tech fields do not need good communication skills.

Explanation:

Communication skills refer to the ability to send, receive, elaborate and issue information, ideas, opinions and attitudes of the highest quality and oriented towards personal and organizational objectives. To properly carry out their activities, administrators must have at least the basic skills of oral, written and non-verbal communication related to: communication with clients, communication with their subordinates, communication with their superiors, with the media , sensitivity to cultural differences, among others.

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4 0
4 years ago
Describe the types of economic resources​
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There are generally three important types of economic resources: Natural Resources, Human Resources and Capital Resources, that contribute to the economy of the nation.

Explanation:

Economy of any nation is dependant on the resources that the nation exhibits. There are generally three important types of economic resources namely; Natural Resources, Human Resources and Capital Resources.

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5 0
3 years ago
Gerard Company reported sales of $300,000 for 201 0; $330,000 for 2011; and $360,000 for 2012. If the company uses 2010 as the b
nevsk [136]

Answer:

%variation 2011= 10%

%variation 2012= 20%

Explanation:

Giving the following information:

Gerard Company reported sales of $300,000 for 2010; $330,000 for 2011; and $360,000 for 2012.

The percentual variation is calculated by the following formula:

%variation(2010 year base)= [(sales 1 - sales 0)/sales 0]*100

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3 years ago
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