Answer:
If a company produces, promotes, and sells bags made of recycled paper, which concept is it using?
The concept used by the company that produces, promotes, and sells bags made of recycled paper is societal marketing concept
Explanation:
This concept simply entails running of a long term interest which does not only suits customers wants alone but also makes the priority of the company paramount.
Answer:
Estimated manufacturing overhead rate= $1.2 per direct labor dollar
Explanation:
<u>First, we need to determine the allocated overhead:</u>
Allocated overhead= 3,000 - 800 - 1,000
Allocated overhead= $1,200
<u>Now, by using the following formula we can calculate the predetermined overhead rate:</u>
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
1,200 = Estimated manufacturing overhead rate*1,000
1,200 / 1,000= Estimated manufacturing overhead rate
Estimated manufacturing overhead rate= $1.2 per direct labor dollar
Answer:
Provide recommendations and resolve issues not specifically connected to production
Explanation:
Parallel teams can be regarded as highly task-focused team ,which is been drawn on individuals ranging different functional areas as well as locations. This team are usually generally make completion to their work base on defined schedule. In most cases, parallel teams are not usually disbanded but they could be there so they can handle a subsequent set of tasks. It should be noted that One of the the purpose and activities of a parallel team is to Provide recommendations and resolve issues not specifically connected to production.
Answer: Option C
Explanation: Usually the demand for the goods tends to be more elastic in long run rather than the short run. In case of oil, it is not a necessary good for the daily lives of the individuals and one can survive without it and can use alternatives.
Therefore, in the long run it is more elastic as individuals will move to the alternatives of oil if its price remains high.
Hence from the above we can conclude that the correct option is C.
Answer:
(A) Reducing spending is the only means the city has of responding to the current financial crisis.
Explanation:
''Zoo director: The city is in a financial crisis and must reduce its spending.''
The above statement is the central subject of the and main conclusion of the Zoo director's argument. The issue of the cutting of City Zoo's funding in half is just explaining one of the ways in which the Zoo director may not wish to reduce the costs. In summary the cost reduction has to be done in other areas.