The point at which the number of units sold generates enough revenue to equal the total costs of running an operation is known as the <u>break-even point</u>.
<h3>What is a break-even point?</h3>
In economics, a break-even point for an investment is determined by comparing the market price of an asset to the original cost and the break even point is reached when the two prices are equal.
The formula for break-even point is determined by dividing the total fixed costs associated with the production by the revenue per individual unit, minus the variable costs per unit.
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Answer:
Sales and collection process
At the point when items and administrations are sold by a firm to its clients and consequently the clients pay for the item and administrations, it is a procedure which includes deals just as an assortment. The deals and assortment process covers all the business exercises identified with selling of item and administrations, upkeep of client records, charging and recording installments made by the clients. Overseeing accounts receivables through maturing accounts and approving credit likewise goes under deals and assortment process.
In deals and assortment process all the bookkeeping exchanges are created that record deals income, accounts receivables and receipts in real money. This procedure likewise influences those association's expenses of products sold and stock that participate in selling stock. Deals are commonly made in kind of money or credit. It might likewise incorporate deals charge.
At the point when a deal is made in kind for money, the parity of money increments and when using a credit card, the records receivables are made which is the cash that is owed to the firm from deals of item and administrations. Lastly, when a credit client pays money, the money balance increments and records receivables are decline by the sum paid.
- Accepting a request for deals from a client doesn't make any records receivables. In the wake of getting the request the items are created first and afterward conveyed. A short time later the receipt is created and ultimately, sent to the client. Thus, option a is incorrect.
- When selling is done, the clients are charged according to the statements chose the two gatherings and afterward in the wake of sending receipt the assortment is made. Thus, option c is also incorrect.
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Recording of installment is made. at the point when clients really pay the measure of deals whether deals is made in real money or credit. Thus. option d is also incorrect.
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The alternative e expresses that none of the choices delineates the movement in regard to the making of records receivables which is additionally off base in light of the fact that the one choice is right out of the all choices.
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At the point when the arranged completed merchandise are dispatched to the client and deals is using a loan, at that point the record receivables is made subsequent to sending the receipt to the clients. Thus, the correct option is option B
Organizations that utilize the file processing approach spend as much as 80% of their is development budget on maintenance.
<h3>What is
file processing approach?</h3>
File Processing System (FPS) can be described as the way of storing, retrieving as well as manipulating data that could be used by different organization.
It should be noted that Files are used to store various documents, however Organizations that utilize the file processing approach spend as much as 80% of their is development budget on maintenance.
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Answer:
The correct answer is letter "D": They will save time to market if they pool their technological know-how.
Explanation:
In a Joint Venture, two or more businesses agree to contribute capital (<em>labor and knowledge</em>) and resources (<em>money and infrastructure</em>) to fasten the development process of a common project. Typically, developers, manufacturers, and service providers come together to form a joint venture and if successful, they share the profits based on their respective contributions to the joint venture.
Based on my own opinion, i will say that From the "Boeing" mini-case in the Hill & Hult textbook, I do think that Boeing's most recent decision to rethink its outsourcing strategy is correct.
<h3>Why did Boeing restructure and outsource the project operations?</h3>
The reason for the outsource is so that they can lower the costs and and the time spent on development.
Note that Boeing was known to have created about 787 through the use of a system that is said to be an unconventional three-tier supply chain.
Note that The implementation of this was said to have led to a substantial increase in outsourcing.
Hence, Based on my own opinion, i will say that From the "Boeing" mini-case in the Hill & Hult textbook, I do think that Boeing's most recent decision to rethink its outsourcing strategy is correct.
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