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:
True
Explanation:
This is one of the major reason why companies expands its manufacturing department in countries with greater free trade agreements and with geographical importance. This makes the company more oriented towards controlling transportation costs, import duties and other costs and increasing the benefits arising from the economies of scale.
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a company's business model sets forth the logic for how its strategy will create value for the customers, while at the same time generate revenues sufficient to cover costs and realize a profit
customer value proposition - a plan for satisfying customer wants and needs at a price customers will consider good value
<span>profit formula - a plan for a cost structure that will enable the company to deliver the customer value proposition profitably</span>
A firm achieves differentiation parity ideally when it sells its products or services at a higher price than its competitors.
The idea of parity is that a company sells its products at a higher cost than competitors even though the product or service isn't unique. Differentiation is when one companies products compete and are better than another with the same product.
Answer: Decentralized
Explanation: In a decentralized organisation, the seniors in the organisation transfers the authority and responsibility to their subordinates.
This is done by the seniors with the objective of effective running of operations within. The employees in such organisations usually remain more motivated than others.
In the given case, Infososft is encouraging their employees to take their own decisions while dealing with customers. Hence the transfer of authority for decision making is evident.
From the above we can conclude that the correct option is A.
