Answer:
Recognized Sales Value = $18,000
Explanation:
Fragment company selling Price is $300/Unit
40% trade discount is offered for purchases of 50 units and more. That is, $300 x 40% = $120.
This implies anyone buying 50 or more will pay only $180/Unit ($300 - $120)
Customer Purchased 100 units
Sales terms is FOB, which implies Fragment is responsible for transportation costs of the products from his warehouse to the Port of Shipment including loading onto the ship. The Buyer will be responsible for Marine Freight expense, Insurance, Off-loading and shipment to his own warehouse
The $7 Per Unit indicated will account for inland transport to Port of shipment
Recognized Sales = 100 units x $180 = $18,000
Cost of Haulage (Carriage outwards) is $7 x 100 units = $700
Answer: True
Explanation:
An Oligopolistic market is one where the suppliers are very few in number. Cooperation is indeed difficult in such markets as they are motivated by self-interest to try to make more profits than their competitors.
This usually leads to an undesirable outcome. For instance, if two oligopolistic firms agree on a price to sell goods, one of them might decide to sell at a lower price in order to gain more market share. This will cause the other firm to reduce its prices as well which means that both companies would be worse off than when they started.
The main activity of a producer cooperative is B. MARKETING PRODUCTS FOR ITS MEMBERS.
They market products for its members because each income earned is for the benefit of its members. The producer cooperative is formed to give individual members the chance to have access to machinery and discounts that they would not have been able to get if they remained solo. As a group, their accessibility to machinery and discount is greater.
Requiring employees to scan a unique badge to enter your facility is an example of facility access controls.
An employee is a person who is paid to work for an individual or company. A worker does not have to work full time to be considered an employee. You just need to be paid for the work by your employer (the person or company that pays your wages).
You should take care of your employees as much as you take care of your customers. If you trust and value your employees, they will be more committed to serving your customers well and ultimately contributing to your company in a great way.
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Disruptive innovation s a development so fundamentally different and far reaching that it can create new professions, companies, or even entire industries while damaging or destroying others.
The process by which a smaller company—typically one with fewer resources—moves upwards and competes with more established, larger companies is known as disruptive innovation. Disruptive innovation, according to business theory, is innovation that establishes a new market and value network or enters a market from the bottom and eventually supplants long-established market-leading companies, goods, and alliances. An established market was disrupted by Netflix using a new business strategy and technology, a prime example of disruptive innovation. It began by providing a DVD rental by mail service and later introduced its online, paid movie streaming service.
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