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>
Answer: True
Order fulfillment is the procedures in receiving, processing of orders until they reach the end customers. A fulfillment service is a third-party group that takes these procedures such as online sellers.
Due to conversion to an electronic format ( via e-commerce or m-commerce) online sellers are provided higher accuracy when it comes to processing of ordera and order fulfillment.
Answer:
Weighted average contribution margin= $4.26
Explanation:
Giving the following information:
Colossal Beverages Company sells two products, A and B.
Mist predicts that it will sell 3,000 units of A and 1, 500 units of B during the next period. The unit contribution margins are $ 4.00 and $ 4.80 for products A and B, respectively.
Total units= 4,500
Weighted average sales A= 3,000/4,500= 0.67
Weighted average sales B= 1,500/4,500= 0.33
Weighted average contribution margin= (0.67*4 + 0.33*4.8)= $4.26
You use your cat, what else would you use
Answer:
Matrix organization.
Explanation:
A matrix organization is a blended organizational structure. This tries simultaneously to deal with competing pressures for global integration and local responsiveness. Institutes overlaps among functional and divisional forms.
Although a functional hierarchy is still in place, the project manager is recognized as a valuable position and is given more authority to manage the project and assign resources.
Gives functional, product, and geographic groups a common focus.
Matrix organizations can be further divided into weak, balanced, and strong matrix organizations. A weak matrix gives more authority to the functional manager (FM), whereas the strong matrix gives more power to the PM. As the name suggests, the balanced matrix balances power between the FM and the PM. The difference between the three is the level of authority given to the project manager (PM).
