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4vir4ik [10]
3 years ago
7

Mercantile corporation has sales of $2,000,000, variable costs of $800,000, and fixed costs of $900,000. mercantile’s degree of

operating leverage is
Business
1 answer:
kvv77 [185]3 years ago
5 0
The degree of operating leverage can be calculated by subtracting variable costs from sales and dividing it by sales minus variable costs and fixed costs.

The degree of operating leverage is
(2,000,000−800,000)
÷(2,000,000−800,000
−900,000)=4

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Functional strategy is the set of activities that each _________ will pursue in order to help the firm accomplish its competitiv
jeka94

Answer:

department or functional area

Explanation:

Three types of strategies are identified in the management system: corporate strategy; functional strategy; of agricultural units

strategy.

1) Corporate strategy - defines perspective development of the enterprise as a whole. It focuses on the mission of the enterprise and serves the ultimate goal of the enterprise - maximizing profit. Choosing the type of economic activity at the level of the corporate strategy, maintaining the long-term competitive advantage of the enterprise; The most important issues, such as the allocation of resources across the strategic areas of the mirror, are addressed by senior managers.

2) The functional strategy of the enterprise is formed by the main functional units in each activity area, we can call these units as departments or functional areas too. Functional strategies are used in the following areas: marketing, production, finance, personnel, investment and innovation. Functional strategy of the enterprise is aimed at deeper study of its corporate strategy (realization of the main purpose of the enterprise) and provision of resources of separate economic units. Functional division managers are involved in the development of strategies for key functional units.

3) Business unit strategy - (business strategy usually serves two purposes - competitive advantage of a specific product and increase of its profitability. Business management in the new region, etc. At this level, managers and managers of business units are involved in the development of strategies, advice and assistance of managers in the development of corporate strategy.

3 0
3 years ago
When the allocated amount of indirect costs are less than the actual​ amount, indirect costs have been​ ________. A. overallocat
Daniel [21]

Answer:

C. underallocated

Explanation:

Underallocated amount is that which did not match the actual overhead incurred and it is lower than the actual. While budgeting the estimated overheads are allocated to different departments / products using different basis. Total allocated amount then compared with the actual overheads incurred. Which ultimately result in under / over allocated overhead.

3 0
3 years ago
Devon is in the market for a new car. After having done her research, she has determined that the Jeep Grand Cherokee is the bes
nekit [7.7K]

Answer:

 D) Lifestyle

Explanation:

Lifestyle can mean way of life or habit. Devon enjoys outdoor recreational activities, this can be described as her way of life, thus, her lifestyle.

If she was influenced by her occupation, she would have considered what she does before buying her car.

If she was influenced by her age, she would have considered her age when buying the car.

If she was influenced by her economic situation, she would have considered money and if the car is too expensive or cheap when buying the car.

I hope my answer helps you

4 0
3 years ago
Jamie was participating in a market research study regarding computers when he was presented with 24 different computers that va
fenix001 [56]

Answer:

conjoint analysis

Explanation:

In the market research study being described, they were using conjoint analysis. This is a statistical technique that helps determine how potential customers value different attributes such as a specific feature, function, or benefit that makes up an individual product or service. In this particular scenario, Jamie was asked to rank the different computers based on each ones unique/different criteria or features.

4 0
3 years ago
In the Keynesian model, suppose the Fed wants to keep output unchanged. If the IS curve shifts to the left, and the Fed acts to
sergey [27]

Answer:

Have an expansionary monetary policy (shift LM curve to the right)

Explanation:

See the graph attached. If the IS curve shifts to the left, there will be a new IS curve- The IS'. If the Fed wants to keep the output level (Y) unchanged, then it has to shift the LM curve to the right, to LM', so that the Y point (output level) in which the IS matches the LM stays the same (Y*).

Shifting the LM curve to the right, it means to have an expansionary monetary policy, which means to expand the quantity of money in the economy. This is done, for example, by decreasing the discount rate or reducing the reserve ratio.

3 0
4 years ago
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