Answer:
$2,000,000
Explanation:
current awareness of Digby's Don = 72%
next year it will decrease to 72% - 1/3 = 48% if the firm does nothing
- first $1,000,000 adds 22% awareness ⇒ total awareness = 48% + 22% = 70%
- second $1,000,000 adds 23% awareness ⇒ total awareness = 70% + 23% = 93%
- third $1,000,000 adds 5% awareness ⇒ total awareness = 93% + 5% = 98%
Don's competition, Axe, has an awareness level of 77% and it should remain the same next year. So, Digby as to spend at least $2,000,000 to earn more awareness than Axe. Don's awareness level will be 93%.
Answer:
B
Explanation:
This is a dominant business strategy. As a dominant business, operations starts in one major industry and then the firm expands by purchasing businesses or creating new firms.
UPS has a dominant strategy because of the different business segments in the firm. 61 percent from U.S. package delivery operations, 22 percent from international package delivery, and 17 percent from non-packaging operations.
Answer:
Variable cost = $6,550
Explanation:
Variable cost is the cost incurred during the production process that changes with quantity of goods produced. For example labor, machine operating cost, and raw materials.
The other type of cost is variable cost that does not change with volume of production, but rather remains constant. For example rent, tax, and so on.
In the given instance the costs that are variable are cost of labor, cost of electricity to run printing presses, and cost of ink for paper.
Monthly mortgage and property tax are fixed cost that must be paid regardless of production volume.
variable cost = $5,500 + $800 + $250
Variable cost = $6,550
The answer is lending your bestfriend 25 dollars to buy a guitar.
Unit of costs is the amount incurred by a particular company to be able to produce, store and sell the number of the same products. In the given example. 25 dollars is the cost of the guitar or the unit of costs.