Answer: A mission statement is a concise explanation of the organization's reason for existence. It describes the organization's purpose and its overall intention. The mission statement supports the vision and serves to communicate purpose and direction to employees, customers, vendors and other stakeholders.
Answer:
A. Does production of fake whales exhibit diseconomies of scale, economies of scale, or constant returns to scale?
the production of fake whales exhibit economies of scale
- the total cost per unit for producing 1 whale = $16,000
- the total cost per unit for producing 2 whale = $10,500
- the total cost per unit for producing 3 whale = $8,667
- the total cost per unit for producing 4 whale = $7,750
- the total cost per unit for producing 5 whale = $7,200
- the cost per unit keeps decreasing as total output increases
B. What is the fixed cost of producing fake whales?
$11,000, the cost of the mold
C. What is the variable cost of producing fake whales?
$5,000 per whale
Refer to Fact Pattern 42-2A. If Eddie is liable under the Securities Exchange Act of 1934, it will be because the information on which he based his purchase of Fresh Dairy stock was <span><u>not yet public.</u>
</span>Section 12 of the Securities Exchange Act of 1934. Section 16(b) of the act covers <span>the short-swing activities of Orbital's insiders.</span>
I believe it means you have the right to be informed
Answer:
The answer is below
Explanation:
In case of receiving a request from a customer for more time to settle an account, the ways I might reply to it are:
1. Ask for negotiation concerning the actual timing with the customer, and reach a minimum date to pay as much as possible.
2. Stay polite, calm, and professional during the negotiation.
3. Put the new agreement in writing and let the customer be aware of the implication in case of default.
4. Ensure the agreement includes modes and methods of payment
5. Do more background checks on the customer concerning his credit history.