The answer is industry's structure/ organization's position in the industry
The fice forces model of porter will give some information about the company's position compared to other competitors within the same industry.
This information could be used by upper management to decide which resource allocation they need to choose in order to maintain company's profitability.
Answer:
The formula to calculate the Budget Balance is
Government Income - Government Expenditure
in this case
$1.05 billion - $1.06 billion = -<u> 0.01 billion or - $100 million</u>
Explanation:
A budget balance is reached when a government expenditures are equal to it's income.
In this case, since the country's only source of income it is slightly less than than what is required to run the government, it has a budget deficient.
Since the country does not export or trade with outside countries, the government will need to take out a loan to make up for this deficient.
Answer:
Money serves several functions: a medium of exchange, a unit of account, a store of value, and a standard of deferred payment.
Explanation:
Answer:
57 smartphones per day
Explanation:
contribution margin per each smartphone = $132 - $120 = $12
total daily fixed costs = $684
break even point in units = total fixed costs / contribution margin per unit = $684 / $12 = 57 smartphones per day
break even in $ = 57 x $132 = $7,524 total daily sales
