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3 years ago

Select the correct answer.

Business

1 answer:

den301095 [7]3 years ago

6 0

Answer: B

Explanation: Organisational Structure is a system whereby rules, roles and responsibilities of an organisation are organised to achieve positive results.

The objective of having organisational structures in place helps an organisation to remain focused and efficient.

It also helps an organisation to create different departments and assign employees to these department for effective and efficient management system.

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How does Alibaba implement competitive pricing strategy in market?

laila [671]

Answer:

By reducing their prices compare to the price of their competitors.

Explanation:

Note, a competitive pricing strategy refers to a pricing strategy that involves deliberately finding out the prices in which your competitor sells their product and then tailoring yours to be a little lower than theirs, by so doing customers feel motivated to buy from you instead.

For example, Alibaba can go to its competitor, let's say Amazon. and see how sells an iPhone. Then Alibaba can reduce/set its own price benchmark based on their prices.

6 0

2 years ago

A 3/1 ARM is made for $150,000 at 7% with a 30 year maturity. Assuming that fixed payments are to be made monthly for three year

sveticcg [70]

Answer:

Monthly paymenty for $ 997.954

Explanation:

We have to calcualte for the PTM of the mortgage for the first three years at which the rate is fixed:

$PV \div \frac{1-(1+r)^{-time} }{rate} = C\\$

PV $150,000

time 360 (30 years x 12 months)

rate 0.005833333 (7% annual / 12 months)

$150000 \div \frac{1-(1+0.005833)^{-360} }{0.005833} = C\\$

C $ 997.954

8 0

3 years ago

Decreasing marginal returns occur in the short run as more labor is hired to work in a fixed sized plant because

oksian1 [2.3K]

Answer:

A) adding more workers exhausts the possible gains from specialization.

Explanation:

When a worker specializes in a certain task, they will become more productive and efficient in performing the task. Worker specialization takes a long time, so it only applies in the long run.

In the short run when a company wants to increase its output, it cannot rely on worker specialization since they don't have the time to wait, they must hire more workers.

8 0

3 years ago

If the price level doubled and someone wanted to maintain the same level of purchasing power, the nominal quantity of money dema

otez555 [7]

Answer:

also double

Explanation:

To maintain the same purchasing power, if price doubles, nominal demand for money should double too.

For example, let us assume that the price of an apple is $2 And you purchase 10 apples every week. You pay $20. Price level now rises to $4. To be able to purchase the same quantity of Apples, you need to demand for $40. The nominal demand for money has also doubled.

I hope my answer helps you

6 0

3 years ago

On October 29, 2012, Lobo Co. began operations by purchasing razors for resale. Lobo uses the perpetual inventory method. The ra

Dvinal [7]

Answer:

a. See the attached excel file for the journal entries for 2012 and 2013.

b. We have the following:

Warranty Expense reported for November 2012 = $630

Warranty Expense reported for December 2012 = $1,320

Total Warranty Expense reported for 2012 = $1,950

c. Warranty Expense reported for January 2013 = $900

d. Balance of the Estimated Warranty Liability account as of December 31, 2012 = $1,050

Explanation:

a. Prepare journal entries to record these transactions and adjustments for 2012 and 2013.

Note: See the attached excel file for the journal entries for 2012 and 2013.

In the attached excel, the following workings are used:

w.1: Cost of Goods Sold = Units sold * Cost per unit = 105 * $20 = $2,100

w.2: Warranty Expense = Sales * 8% = $7,875 * 8% = $630

w.3: Estimated Warranty Liability = Units replaced * Cost per unit = 15 * $20 = $300

w.4: Cost of Goods Sold = Units sold * Cost per unit = 220 * $20 = $4,400

w.5: Estimated Warranty Liability = Units replaced * Cost per unit = 30 * $20 = $600

w.6: Warranty Expense = Sales * 8% = $16,500 * 8% = $1,320

w.7: Cost of Goods Sold = Units sold * Cost per unit = 150 * $20 = $3,000

w.8: Estimated Warranty Liability = Units replaced * Cost per unit = 50 * $20 = $1,000

w.9: Warranty Expense = Sales * 8% = $11,250 * 8% = $900

b. How much warranty expense is reported for November 2012 and for December 2012?

Warranty Expense reported for November 2012 = Sales for November 2012 * 8% = $7,875 * 8% = $630

Warranty Expense reported for December 2012 = Sales for December 2012 * 8% = $16,500 * 8% = $1,320

Total Warranty Expense reported for 2012 = Reported Warranty Expense for November 2012 + Reported Warranty Expense for December 2012 = $630 + $1,320 = $1,950

c. How much warranty expense is reported for January 2013?

Warranty Expense reported for January 2013 = Sales for January 2013 * 8% = $11,250 * 8% = $900

d. What is the balance of the Estimated Warranty Liability account as of December 31, 2012?

Total Warranty Expense reported for 2012 = $1,950

Value of returned 15 razors replaced on Dec. 9, 2012 = Units replaced * Cost per unit = 15 * $20 = $300

Value of returned 30 razors replaced on Dec. 29, 2012 = Units replaced * Cost per unit = 30 * $20 = $600

Total value of returned razors replaced in 2012 = Value of returned 15 razors replaced on Dec. 9, 2012 + Value of returned 30 razors replaced on Dec. 29, 2012 = $300 + $600 = $900

Therefore, we have:

Balance of the Estimated Warranty Liability account as of December 31, 2012 = Total Warranty Expense reported for 2012 - Total value of returned razors replaced in 2012 = $1,950 - $900 = $1,050

Download xlsx

4 0

3 years ago