Finance

Nikolai knows that what his boss has asked him to do is not in the best interest of the company. He also knows that if he does n

Karo-lina-s [1.5K]

Answer:

The correct answer is letter "D": if all else fails, slow the spread of bad practice.

Explanation:

Evidence-based management is a critically thought-provoking approach to decision making. This practice has the following principles: treat your organization as an unfinished prototype; no brag, just facts; see yourself and your organization as outsiders do; evidence‐based management is not just for senior executives; like everything else, you still need to sell evidenced‐based management; if all else fails, slow the spread of bad practices; and questioning what happens when people fail?

In front of a problematic situation, the "if all else fails, slow the spread of bad practices" is used when the consequence of an action is likely to be negative, but usually represents an order in the relationship of a principal-agent. The agent then carries out the necessary procedure as slowly as possible to prevent an unexpected reaction.

5 0

4 years ago

A restaurant is considering adding fresh brook trout to itsmenu. Customers would have the choice of catching theirown trout from

NikAS [45]

Answer:

Selling price = $20.05

Explanation:

The break even point is the level of activity where the total cost of is exactly equal to the total revenue. At this point, the business makes no profit and no loss, because the total contribution is also equal to the total fixed costs.

Contribution is the excess of sales revenue over variable cost

Total contribution = (S.p - VC per unit) × unit sold

So we can determine the selling price per unit by equating the total contribution to the the total fixed cost as follows:

Step 1

Determine the total contribution

= ( S.P - 6.80) × 900

Step 2

Equate the total contribution to the total fixed cost and solve for S.P

(S.P - 6.80) × 900 = 11,925. Lets substitute S.P with x

(X-6.80) × 900 = 11,925

900X -6,120 = 11,925

900X = 11,925 + 6,120

900X = 18045

X = 18,045/900

X = $20.05

Selling price = $20.05

7 0

3 years ago

Using an existing brand name to introduce a product that is new to the company into a totally new, unfamiliar market seems like

Y_Kistochka [10]

Answer: brand extension

Explanation: In simple words, brand extension refers to the process in which a producer use the brand name or trademark of a well known firm on some new product with the objective of increasing sales.

Usually, in such cases the firm giving their trade mark or brand name take share in profit in the form of royalty. Thus, in the given case the strategy used by Bic of introducing perfume with an existing brand name is an example of brand extension.

5 0

3 years ago

Kalamazoo Corporation's cost formula for its manufacturing overhead is $45,700 per month plus $53 per machine-hour. For the mont

Elina [12.6K]

Answer:

$371,650

Explanation:

Use the costs formula provided to find the flexed manufacturing overhead cost for March.

A flexed budget amount is a budgeted amount adjusted to actual level of activities as follows.

Actual Activity is given as 6,150 machine-hours

Manufacturing overhead cost = $45,700 + $53 x 6,150 machine-hours

= $371,650

Therefore,

The manufacturing overhead in the flexible budget for March would be closest $371,650

4 0

3 years ago

Suppose 20.0 g pieces of gold and iron, both initially at 100oC, are added to different containers of water, both initially at 2

Sauron [17]

Answer:

The final temperature in the container with Gold is 27.49 ⁰C

The final temperature in the container with Iron is 33.01 ⁰C

Therefore, the highest final temperature is obtained in the container with Iron.

Explanation:

Q = mcΔT

Where;

Q is the quantity of heat gained or lost

m is the mass of the metals or water

c is the specific heat capacity

ΔT is the change in temperature, T₂ - T₁

T₂ is the final temperature and T₁ is the initial temperature

Heat lost by metals at 100°C is equal to heat gained by water at 25°C

$-Q_{metal} = Q_{water}$

$-Q_{Au} = Q_{H_2O} \\-Q_{Fe} = Q_{H_2O}$

Specific heat capacity of water = 4.18 J/g°C

Specific heat capacity of gold = 0.129 J/g°C

Specific heat capacity of iron = 0.45 J/g°C

⇒For Gold

-20*0.129*(T₂ - 100) = 18*4.18 (T₂ - 25)

-2.58T₂ +258 = 75.24T₂ - 1881

77.82T₂ = 2139

T₂ = 2139/77.82

T₂ = 27.49 ⁰C

⇒For Iron

-20*0.450*(T₂ - 100) = 18*4.18 (T₂ - 25)

-9T₂ +900 = 75.24T₂ - 1881

84.24T₂ = 2781

T₂ = 2781/84.24

T₂ = 33.01 ⁰C

Therefore, the highest final temperature is obtained in the container with Iron.

5 0

3 years ago