Answer:
Survival
Explanation:
One of the main goals or objectives of a business today is to survive. Survival as a goal can be as a result of legislation or business and environmental demands.
Survival is the ability of an organisation to maintain its share of the maket, competitveness as well as its earning capacity.
Other organisational objectives include: Growth and diversification, stability, organisational efficiency, prestige and recognition.
For an organisation to survive, it must strive to be different, positively different and this will include compliance to legislation (as stated in the question), continous market (SWOT) analysis and execution of new plans. This strategies will require if the need be, investment in new equipment, assets or even the training and recruitment of worker.
Answer:
$5,525.63
Explanation:
The formula for calculating future value = A (B / r)
B = [(1 + r)^n] - 1
R = interest rate
n = number of years
((1.05)^5 - 1) / 0.05 = 5.525631
$1000 x 5.525631 = $5,525.63
Answer: This chart demonstrates that the marginal cost initially decreases as production increases.
Marginal Cost refers to the cost of producing an additional unit of a good. As production increases, marginal costs will initially decrease.
In the short run, factors of production like capital are fixed. Only labor is variable and varies with the number of units produced. Initially, employing more labor results in better productivity and help in decreasing the marginal costs. However, as more units of labor are employed, labor become less productive and the law of diminishing marginal returns sets in. Hence the marginal cost curve begins to rise.
Answer:
If Hickory Manufacturing elects to sue the United States (the IRS is a federal administrative agency) to recover the refund, it must pursue the matter:
D. in United States Tax Court, since the dispute involves a tax matter.
Explanation:
The United States Tax Court is the federal trial court of record for tax disputes. It is like a tribunal, which is inferior to the Supreme Court. It was established by Congress, under Article I of the Constitution in 1969, to hear tax matters and adjudicate tax disputes. Appeals are made directly, from this court, to the appeal court, before the matter can be dragged to the US Supreme Court.
Based on Celine's price elasticity of demand, the increase in quantity demanded will be 30%.
<h3>How will the quantity demanded change?</h3>
This can be found as:
= Change in price x Price elasticity of demand
The change in price will be negative because the price is being reduced.
Solving gives:
= -20% x -1.5
= 30%
Find out more on price elasticity of demand at brainly.com/question/5078326.
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