Answer:
The cost price is the price you buy a product for. You need to compare the cost price to the selling price to know whether you got a profit or loss (did you make money or did you not).
If you don't know the cost price, you don't know whether you have a profit or loss. Of course everyone wants a profit (make money) so to determine a selling price the cost price is important.
Is there a specific establishment?
Answer:
The correct answer is 0.06317911524 or 6.3%.
Explanation:
According to the scenario, the given data are as follows:
FV = $2
PV = $1
Time period (t)= 11 years
So, we can calculate the rate of interest by using following fomula:
FV=PV ( 1 + r ÷12)^12t
By putting the value, we get
$2 = $1 ( 1 + r ÷ 12)^(12 × 11
$2^(1 ÷ 132) = 1 + r ÷ 12
r ÷ 12 = (1.00526492627 - 1)
r = 0.00526492627× 12
= 0.06317911524 or 6.3%
Funsters should increase the supply of its doll now before the other doll hits the market.
<h3><u>
Explanation:</u></h3>
The success of any organisation depends on how well the company evaluates about its competitors and their plans. It must predict what the competitors will be doing in future and take actions accordingly so that that will not get affected by the move taken by their competitors. They must plan their productions accordingly so that there will not be any loss to them.
In the example given, the company Funsters, Inc sells its toys at $15. But it knows that the leading competitor decides to sell toys at Lower rate of $5 in next six weeks. Thus Funsters.Inc should increase the supply of its doll now before the other doll hits the market.
Answer:
Letter C is correct.<u> Distributive bargaining.</u>
Explanation:
Distributive negotiation is a win-lose competitive negotiation strategy. That is, a party only wins if another party loses something. The central objective of this strategy is for a party to earn as much as it can.
Therefore, the ideal alternative to the above question is distributive negotiation, which is used to distribute fixed resources, such as money, assets, resources and labor management negotiations such as wages.