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LenaWriter [7]
3 years ago
10

A _____ plan relies on a predetermined formula to distribute a share of the company's profits to eligible employees.

Business
1 answer:
Naya [18.7K]3 years ago
4 0
Profit sharing plan relies on a predetermined formula to distribute a share of the company's profits to eligible employees.
You might be interested in
Cardwire Inc. has decided to lower the price of all its products to keep up with its competitors. To achieve this, the company n
sashaice [31]

Answer:

Strategic dissonance

Explanation:

Based on the information provided within the question it can be said that the term that best illustrates the situation is Strategic dissonance. This term intents to describe the disconnect between the organization's actions from their actual intent. Which seems to be the case in this scenario as Cardwire Inc. has lowered it's prices in order to sell more and lower it's overall costs but has instead spent more on buying raw materials.

4 0
3 years ago
A perfectly competitive firm sells 15 units of output at the going market price of $10. Suppose its average fixed cost is $15 an
Savatey [412]

Answer:

$30

Explanation:

The computation of the contribution margin is shown below:

Contribution margin = Sales - Variable cost

where,

Sales = Units sold × Market price

= 15 units × $10

= $150

And,  

Variable cost = Units sold × AVC

= 15 units × $8

= $120

Now placing these values to the above formula

= $150 - $120

= $30

We simply applied the above formula

3 0
3 years ago
10. When are adjusting entries entered?
pashok25 [27]

Answer: At the end of the fiscal year

                           

Explanation: In simple words, adjusting entries refers to the entries that are made in the accounts at the end of the accounting for to recognize income and expenses that are not accurately recorded in the accounts.

 These journal entries can only be made at the end of the year as the mistakes could only be identified after preparing and comparing all the statements relating to the company.

4 0
4 years ago
Read 2 more answers
Sellers of bottled water find that whether the price falls or rises, the quantity bought by consumers remains unchanged every we
Agata [3.3K]

Answer:

(C) perfectly inelastic.

Explanation:

Elasticity of demand measures the responsiveness of quantity demanded to changes in price.

Demand is perfectly inelastic if a change in price has no effect on quantity demanded. Quantity demanded remains unchanged no matter the change in price.

Water is assumed to be a necessity so demand would not change no matter the change in price.

Demand is inelastic when a change in price has little or no effect on quantity demanded.

Demand is elastic when a change in price has a greater effect on the quantity demanded.

Demand is unitary elastic when a change in price has an equal erfect on quantity demanded.

I hope my answer helps you

5 0
3 years ago
3. Franchising is widely used in the casual dining and fast food industry, yet Starbucks is quite successful with a large number
Softa [21]

Starbucks doesn't franchise.

Explanation:

Starbucks doesn't franchise because they want to run their own stores and can control the quality and profits.

In addiction, franchising is a way for companies to expand fast with less money. Starbucks is relying on their name to continue its success and growth. According to Starbuck's investor report , "Seattle's best coffee brand does offer franchise opportunities to qualified and select applicants , using a predefined set of criteria and focusing on multi-unit franchisees with a proven track record of success."

Starbucks pursues join ventures. Starbucks can be found in several grocery stores and retail stores. Starbucks has the name tights  but it is using the location of these venues to promote the product and introduce new customers in the Starbuck's pool.

3 0
3 years ago
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