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Serga [27]
3 years ago
15

The distribution department at Golden Grains Wheat Company has decided to adopt the FIFO (first in, first out) method of invento

ry to dispatch its bags of wheat. Which of the following strategies does this scenario best illustrate?
A. corporate strategy
B. functional strategy
C. master strategy
D. business strategy
Business
1 answer:
Akimi4 [234]3 years ago
6 0

Answer:

Option B "functional strategy " is the correct option.

Explanation:

  • A functional approach or strategy is necessarily connected to operations and maintenance-level decision-making, also recognized as tactical changes.
  • Those same tactical decisions were mostly applied to different operational departments such as business, research as well as development, human resources, warehousing, logistic support, amongst others.

And therefore this strategy demonstrates best the specific situation.

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Galvanized Products is considering purchasing a new computer system for their enterprise data management system. The vendor has
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Answer:

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3 0
3 years ago
When would you write a report
ElenaW [278]

Answer:

You write a report when u r being asked.

Explanation:

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3 0
4 years ago
An open-end fund has a net asset value of $12.70 per share. It is sold with a front-end load of 8%. What is the offering price?
Allushta [10]

Answer:

$13.80

Explanation:

Calculation to determine the offering price

Using this formula

Offering Price = NAV/1-load

Let plug in the formula

Offering Price = $12.70/1-0.08

Offering Price =$12.70/0.92

Offering Price = $13.80

Therefore the offering price is $13.80

7 0
3 years ago
Indicate in which financial statement(s) each item would most likely appear, by selecting income statement (I), balance sheet (B
Lana71 [14]

Explanation:

All revenues generated and expenses incurred during a given period are reported in the income statement.  

The Statement of equity of the stockholder contains the common stock and the retained earnings that could be used to calculate the ending balance.  

The balance sheet shows the assets and liabilities of the company

And, the statement regarding cash flow analyzes the cash inflow and cash outflow position of the comp. This covers three activities i.e. operation, investment and financing

So, the categorization is shown below:

a. Assets  = balance sheet (B)

b. Cash from Operating activities  = statement of cash flows (CF)

c. Dividends  = statement of retained earnings and statement of cash flows (E & CF)

d. Equipment  = balance sheet (B)

e. Expenses  = income statement (I)

f. Liabilities  = balance sheet (B)

g. Net decrease(or increase) in cash  = statement of cash flows (CF)

h. Revenues  = income statement (I)

i. Total liabilities and equity = balance sheet (B)

7 0
3 years ago
The Republic of South Africa exports edible fruits and nuts into the common market known as the European Union, and imports from
Ugo [173]

Answer:

C) The theory of Comparative Advantage

Explanation:

The theory of Comparative Advantage is a theory of international trade and it comes into effect in a situation where the <u>opportunity cost of producing a good or offering by a service by a country is lower than that of other countries. </u>

Specifically, to understand the theory of comparative advantage the opportunity cost of production or offering a service has to be measured in terms of the trade off between those countries. It simply means when a country has the comparative advantage then it derives more benefits from other countries buying its products as compared to buying their products and vice versa.

In the question, the European Union has the Comparative advantage over South Africa because the trade-off between buying South Africa's edible fruits and nuts and selling other products to South Africa benefits the European countries.

European countries derive more benefits because South Africa buys their goods at a cost higher than it takes them to produce while they buy at the normal cost from South Africa. The <u>trade-off benefits Europe </u>

8 0
3 years ago
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