Answer:
In an organizational setting, a Team is a small number of people with complementary skills who work together for a common purpose.
Explanation:
The sentence is the definition of "Work Team" in organizations
Answer: (C) focusing on global niche markets.
Explanation:
Even though there are many risks involved in going into the global environment, the opportunities for growth are so immense that the risks should be taken and then managed so that losses do not occur.
One way to do this is to focus on global niche markets. The company can focus on certain parts of the global market alone where their product would sell healthily as well as where they would face the lowest risk.
This is why a lot of companies expand to developed countries where they can charge higher and the law protects their interests.
Answer:
(A)
240,000 margin of safety in dollars
20% as percent of sales
(B)
actual sales= 11,250,000
Explanation:
1,200,000 - 960,000 = 240,000 margin of safety in dollars
240,000/1,200,000 = 0.2 x 100 = 20%
For B we will determinate the BEP in dollars and then add the 20% margin of safety.
BEP = 9,375,000
BEP x ( 1+margin of safety) = actual sales
BEP x (1 + 20%) = 11,250,000
Answer:
<em>$0.48 or 48.7</em>
Explanation:
<em>The following are the steps taken</em>
<em>A Bicycle manufacturer bought bicycle seats from an outside supplier = $22 each</em>
<em>Inventory seats for the manufacturing turns over at =1.2 times per month</em>
<em>The manufacturer annual holding inventory cost is =32%</em>
<em>Then</em>
<em>
(Holding cost = ($22 COGS/1.2 turns) × (32% annual holding) </em>
<em>Therefore </em>
<em>(Holding cost = ($22 COGS/1.2 turns) × (32% annual holding/12 months) </em>
<em>= 48.7 or $0.48</em>
<em>The Inventory holding cost for a bicycle seat is =$0.48</em>
