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3 years ago

The terms of trade must be higher (graphically to the right) of a nation's own production __________________

Business

1 answer:

Zepler [3.9K]3 years ago

3 0

Answer: cost ratio

Explanation: The terms of trade must be higher (graphically to the right) of a nation's own production cost ratio. The production cost ratio allows small-scale manufacturers to determine their cost more accurately as well as control known cost parameters and is a method that can be adapted and applied to any business.

In a multi-product manufacturing firm, the production cost ratio is necessary for accurate compilation and allocation of production costs to each category of product especially when both the Production Time and the Production Runs are not the same and/or when fixed labor, overhead and other costs are drawn from the same pool. When the ratio is not applied results in a skewed allocation of production costs. This in turn can affect the business as it becomes difficult to ascertain the products whose production are more profitable to the business.

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Nordstrom, an upscale department store, has a well-known reputation for going the extra mile to serve its customers. This reputa

Komok [63]

Answer:

These are the options for the question:

a. product design excellence.

b. mission statement satisfaction.

c. sustainable price decreases.

d. a sustainable competitive advantage.

e. producer excellence.

And this is the correct answer:

d. a sustainable competitive advantage.

Explanation:

All the other options may be a indirect cause or consequence for Nordstrom's good reputation among the customers, but the direct advantage that this reputation provides is a competitive gain over its market adversaries.

Because the brand is well-regarded, and the clients are satisfied, it is likely that most of the customers are of the loyal type who, when making a purchase, will turn to Nordstrom before considering the competition.

This puts Nordstrom ahead of the competition, and as long as the service quality continues stable or improves even more over time, this advantage will prove sustaniable, and more importantly, profitable.

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3 years ago

What is the definition of corporate social responsibility?a. the rules by which social rewards are attainedb. the coordination o

Klio2033 [76]

Answer:

The correct answer is option c.

Explanation:

Corporate social responsibility is a modern concept regarding a companies' sense of responsibility towards the community and the ecological environment.

It means that the businesses have the responsibility to act for the benefit of the society and the environment along with profit maximization.

It is also termed as sustainable business, corporate citizenship etc.

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3 years ago

The following information is provided by Adametz Company: WIP Inventory, January 1 0 units Units started 7 comma 600 Units com

nikklg [1K]

Answer:

The equivalent units for conversion costs= 6,912 units

Explanation:

The weighted average method of valuation would be used to determine the the equivalent units for conversion costs

Under the weighted average method of valuation, to account for completed units, it is assumed that the entire degree of work required is done in the period under consideration. So there is no separation of the completed units into opening inventory and fully worked.

Equivalent unit = Degree of completion × Units of inventory

Items units Equivalent unit

Completed unit 3,300 3,300× 100 = 3.300

Closing work in progress 4,300 4,300× 84%= 3,612

Total equivalent units 6,912 

The equivalent units for conversion costs= 6,912 units

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3 years ago

The Pan American Bottling Co. is considering the purchase of a new machine that would increase the speed of bottling and save mo

lys-0071 [83]

Answer:

IRR= R1+[NPV1(R2-R1)%/(NPV1-NPV2)]

=28%+[ 549 x (29-28)%/(549-(-763)]

=28% +[5.49/1312]

=28% +0.418

=28.41%

As per both NPV and IRR the project is acceptable

Reason:

NPV is positive and IRR is greater than cost of capital

Explanation:

See the attached pictures for detailed explanation.

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3 years ago

Place the events in order to describe how money the Fed adds to the economy starts to be multiplied. The reserve requirement in

Charra [1.4K]

Answer:

1. e. The Fed buys a security from a bank for $1,000.

In order to increase money supply, the Fed buys a security from the bank and gives them money.

2. d. The bank sets $100 aside as required reserves.

The bank will set aside 10% of the money paid by the Fed which comes to $100 leaving the bank with $900.

3. a. The bank lends $900 to a customer needing a loan.

The bank then lends this money to customer who needed it.

4. c. The customer spends the $900 at a store.

The customer then spends the money thereby transferring it to another party.

5. b. The store owner deposits the $900 in another bank.

The store owner then takes the money spent by the customer and deposits it in another bank. That bank then gives the Fed 10% and then the cycle repeats.

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3 years ago

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