The answer is deregulation. It removes restrictions from laws for to allow competition among the industries and set into the market. However, based on experience, industries, and investments suffered from this set-up. The government stopped it after the mortgage crisis last 2007.
It was also found out that is is difficult to apply because of existing monopolies that can control prices in the market.
Answer:
3,579 units
Explanation:
Computation of the given data are as follows:
Contribution Margin = Selling price - Variable expense
= $235 - $99 = $136
So, to achieve target profit of $34,000
Target Contribution margin = Fixed expense + Target profit
= $452,740 + $34,000
= $486,740
So, sales unit = Target contribution margin ÷ Contribution margin
= $486,740 ÷ $136
= 3,578.97 or 3,579 units
Answer: making corrective adjustments.
Explanation:
The strategy-formulating, strategy-executing process allows for companies to come up with strategies and then implement them. The first step would be to actually think about a strategic vision and then set objectives on how the company can go about this vision.
Then the company should craft a strategy to match these objectives. After this is done, the strategy should be implemented and executed. The final step would then be to monitor and evaluate both the internal and external environment of the company so as to make corrective adjustments to the strategy to take advantage of the situation.
Answer:
Satellite Media Tour
Explanation:
A satellite media tour is the media tour that establishes the public relations with respect to the stories with the audience via television, radio, etc. It can be accessed from anywhere at any time.
Here, live interviews are also conducted that seems the cost effective and direct way to communicate with the audience
Therefore the given situation represents the Satellite Media Tour scenario