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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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The expected rates of return on portfolios A and B are 11% and 14%, respectively. The beta of A is 0.8 and the beta of B is 1.5.
Zigmanuir [339]

Answer:

Portfolio B has a higher return but more volatile stocks. However it depends on how the individual can tolerate risks.

Explanation:

Expected return= free return + Beta (Expected rate of return – risk free rate)

Portfolio A

6%+ +.8*6%

= 6%+4.8%= 10.8%

Portfolio B

6%+1.5(6%)

6%+9%= 15%

It depends on different factors. Portfolio B has a higher return but more volatile stocks. However it depends on how the individual can tolerate risks.

4 0
3 years ago
The computerization of the layout and paste-up process further complicated printing, as did the digitizing of photographs. a. Tr
Anna35 [415]

Answer:

The correct answer is letter "A": True.

Explanation:

Digitizing photographs complicated printing since it pushed printers' manufacturers to invest more in their development teams to create high-quality image printing devices. This was originated as a result of the spread of the paste-up process which allowed individuals to attach almost any image to their documents for printing purposes.

6 0
3 years ago
The demand for the services of trish's computer services has increased. trish employs several workers who diagnose and fix clien
MArishka [77]

Answer:

1) what will happen to the mrp and wages of trish's workers?

the marginal revenue product (MRP) is defined as the additional revenue generated by employing one extra unit of labor. In this case, the MRP will exceed the wages paid by Trish, generating economic rent or above average returns.

2) the wage rate is w2; the old wage was w1. what is the economic rent trish's workers now earn?

If Trish raises her employees' wages due to the increasing in price, then her employees will be earning economic rent = w2 - w1. This means that their wage is higher than the usual wage that would be paid for doing that job.

3) define economic rent.

Economic rent is defined as the additional profit generated by a business that exceeds its opportunity cost.

Economic rent = marginal revenue product – opportunity cost

The opportunity cost is the extra costs or benefits lost from choosing one activity or investment over another alternative.

In this case, Trish is earning an economic rent with her business because her earnings are higher than any other earnings that she could make by investing in something else.

4) what factors affect the elasticity of supply of the labor supply curve that trish faces as she hires workers?

The elasticity of the labor supply curve shows how much a 1% change in wages affect the quantity of labor supply (in % also).

In this case, the factors affecting the labor supply would be the substitution effect and the income effect of a rise in wages. Both factors are opposite, and in this case I would believe that the substitution effect would be greater.

  • The substitution effect means that workers will start working more because they are paid a higher wage. they will be willing to give up leisure time in order to work more hours and earn a higher salary.
  • The income effect means that workers will start working less hours due to higher wages per hour.
8 0
3 years ago
The existence of ending Work In Process Inventory necessitates the use of the 5minusstep process costing procedure. true or fals
tensa zangetsu [6.8K]

Answer:

The statement is: True.

Explanation:

The Work In Progress (WIP) Inventory represents the sources needed during the production of a good. While calculating costs for those sources it is necessary to follow the 5-steps of process costing which are the following:

<em>1)</em><em>  Determine the flow of units generated. </em>

<em>2)</em><em> Adjust the inventory to calculate the equivalent units. </em>

<em>3)</em><em> Identify the total cost. </em>

<em>4)</em><em> Calculate the average cost per equivalent unit. </em>

<em>5)</em><em> Record these costs to finished units and Work in Process units.</em>

8 0
3 years ago
When a sales manager provides the salesperson with information on how and why the desired outcome is achieved, he or she is usin
hram777 [196]

Answer:

Cognitive feedback technique.

Explanation:

Cognitive feedback technique is used to train the person about how and why were given results attained. This is done in order to train the subordinate to easily handle any similar situations in the future. This is basically a guiding technique that is used to guide the subordinates by developing their cognitive ability to deal with the upcoming similar challenges.

5 0
3 years ago
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