Answer:
Average total cost = $39
Marginal revenue = $32 per unit
Explanation:
The computation of average total cost and marginal revenue is shown below:-
Average total cost = Selling price - (Economic profit ÷ Weekly output)
= $42 - ($1,500 ÷ 500)
= $42 - 3
= $39
Marginal revenue = Marginal cost
So,
Marginal revenue = $32 per unit
Therefore for computing the average total cost and marginal revenue we simply applied the above formula.
Answer:
11.09
Explanation:
First, we need to determine the average accounts payable and its given as;
Average accounts payable = (Beginning accounts payable + Closing accounts payable) / 2
= ($27,000 + $48,000) / 2
= $35,000
Purchases = $388,000
Accounts payable turnover is computed as;
= Purchases ÷ Average accounts payable
= $388,000 ÷ $35,000
= 11.09
Therefore, the company's account payable turnover would be closest to 11.09
Answer:
ethnocentric
Explanation:
A choice of ethnocentric staff can be defined as an approach in which an organization chooses to hire a team of staff of the same nationality as the host company, which guarantees several advantages and also some disadvantages.
A significant advantage is that having employees of the same nationality as the headquarters company, ensures that there is greater cohesion between culture and language, which guarantees an advantage in reducing barriers that may negatively affect the flow of organizational operations.
This younger generation was struggling to fulfill their physiological needs. The physiological needs, for your additional information, is the he need for shelter and food, and other basic needs. Due to the higher unemployment rate of persons aged 20–25, many had to settle for living at home <span>with parents until they found suitable employment and could afford to live on their own.</span>
Answer:
A. Cross- Functional Group
Explanation:
A Cross Functional team/group or simply referred to as CFT represents a team that comprise of persons drawn from different areas, departments and functions within an organisation. For instance members of a CFT can be from sales, human resource, marketing and accounting among others.
Members of a CFT are usually personnels from the lower cadres in an organisation and their coming together can be good for making decisions, deliberating on issues bothering the company and they can even be put together by top management as a working group to achieve certain goals.
A unique advantage for Carla to set up a Cross-functional group is inherent in the fact that employees of the lower levels of management that are affected by the action would cut across several units and departments and brining personnel together from this various departments will help to develop solutions to the problem at hand.
