Answer:
1. C)Unknown
2. C)Unknown
Explanation:
The company wants to disengage staff based on seniority but does not state of it is the highest ranking or lowest ranking that will go
So if we assume the two lowest ranking staff are to be let go.
From the scenario above Fred is more senior than Cheryl and Sue, so he must be 1st or 2nd.
To determine if Mike is to be terminated, he is senior to Cheryl. If Cheryl is 4th then Mike can be 3rd and will go. If Cheryl is 3rd then Mike can be 1st or 2nd and will stay. There is no way to determine Mike's rank from the data given.
To determine if Sue will go, Fred is more senior to Sue. So if Fred is 1st Sue can be 2nd and stay. However Sue can be 3rd or even 4th and still satisfy the conditions. So in this case also we cannot determine if Sue will be laid off with the data given.
Answer:
sales budget for January and February are given below
Explanation:
given data
luggage sets = 1700
sell = $180 each
luggage sets = 2050
sell = $180
to find out
sales budget for January and February
solution
Sales Budget
January February
Budgeted luggage sets to be sold 1,700 2,050
Sales price per unit 180 180
total sales 306000 369000
here sale is sold Budgeted luggage × Sales price
Answer:
c
Explanation:
Multinational market regions are groups of countries that seek mutual economic benefit from reducing interregional trade and tariff barriers.
Types of multinational market regions
- Regional Cooperation Groups.
- Free Trade Area
- Customs Union.
- Common Market
- Political Union
Answer:
Break even point will be 50 units
So option (D) will be correct answer
Explanation:
We have given fixed cost = $10000 per year
Variable cost is $50 per unit
Selling price = $250 per unit
We have to find the break even point for the operation
We know that break even point is equal to
Break even point
So break even point will be equal to 50 units
So option (D) will be correct answer
Answer:
either using its low-cost edge to underprice competitors and attract price sensitive buyers in large enough numbers to increase total profits or refraining from price-cutting and using the low-cost advantage to earn a bigger profit margin on each unit sold.
Explanation:
Competitive advantage is the edge that a firm has over others in the same industry that results in higher profit margins for them.
One of the importance competitive advantages is price advantage.
This results from the firm being a low cost leader. Their cost of production is low enough for them to attract customers that are price sensitive leading to increased profits.
Also they can underprice their competitors or earn profit margins on the reduced cost of production per unit