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nikitadnepr [17]
3 years ago
12

Compare and contrast a mentor and role model.

Business
1 answer:
Delvig [45]3 years ago
6 0
A mentor is somebody who teaches 
A role model is somebody you follow or gives life lessons, etc. <span />
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At project initiation: Select one: a. Few cost reduction opportunities exist and the cost of each change is large b. Few cost re
algol [13]

Answer:D. Many cost reduction opportunities exist and cost of reduction is low

Explanation:

Since the project has not commence the firm has lots of options to choose from and since the practical works has not started it's cheaper to substitute one method for another.

8 0
3 years ago
Prompt What is market information?
prohojiy [21]
The analysis of past sales and interpretation of cost information are important in evaluating performance and providing useful facts for future planning. All these activities rely on marketing information and a rigorous marketing research process to produce insights managers can trust and act on.
5 0
3 years ago
Which of the following would not be an expected response from a decrease in the price level and so help to explain the slope of
Naddik [55]

Answer:

The correct option which would not be an expected response from decrease in price level is A) with fall in prices, Fargo concrete company has decided to let go workers who have fixed price contracts.

Explanation:

All the options except A are expected response from the fall in price and helps in explaining why the aggregate demand curve shifted ( towards the right ) . In the option B , Tyler decided to remodel his kitchen because of fall in prices, as now he is able to spend more on consumption and investment activities. Same thing is happening in option C and D as the company's here are increasing their investment spending due to the decreased prices.

But the option A , isn't something that was expected as company's don't usually fire their workers just because they have fixed price wage contract and prices have fallen, company is trying to take advantage of fallen prices by  reducing the fixed wage workers and hiring new workers on a cheap wage , which help in reducing the company's cost.

6 0
3 years ago
A firm currently employs four workers in a sandwich shop, and produces sandwiches at a total cost per sandwich (ATC) of $3. The
tatuchka [14]

Answer:

all are correct A, B and C

Explanation:

The marginal cost hiring another worker and producing a sandwich = $5.50 per sandwich, which is higher than the marginal revenue.

If the selling price per sandwich is $5 and the marginal cost per sandwich is $5.50, the firm will lose $0.50 for every sandwich that it sells.

Therefore the firm would be losing money is they hire an extra worker.

In order to maximize the profit, the marginal cost = selling price.

5 0
3 years ago
During the taking of its physical inventory on August 31, 2019, Kate Interiors Company incorrectly counted its inventory as $366
soldier1979 [14.2K]

Answer:

Balance sheet

Inventory - Understatement by $11,600

Owners equity - Understatement by $11,600

Income statement

Cost of goods sold - Overstatement by $11,600

Net income - Understatement by $11,600

Explanation:

The movement in an inventory account which is the difference between the opening and ending balances is a function of the purchases and the sales during the period.

This is captured in the equation below

Opening balance + purchases - cost of goods sold = ending balance

Hence an understatement of the ending balance would result in an overstatement of the cost of goods sold thus an understatement of the net income (and owner's equity).

The understatement in closing inventory balance is

= $378,500 - $366,900

= $11,600.

3 0
3 years ago
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