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Setler [38]
3 years ago
8

What is the law of comparative advantage?

Business
1 answer:
Lelu [443]3 years ago
3 0

<u><em>A country is better off producing the goods and services that it has a comparative advantage supplying.</em></u>

<u><em></em></u>

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What management function is production manager Cedric Stein using when he orders aluminum component parts (bumpers, drive trains
N76 [4]

Answer:

Purchasing

Explanation:

In the purchasing function, the company purchased the products and services from the manufacturer at a lesser cost and then sell the goods at higher prices in order to earn the profit.

When someone purchases, when the price is less and quality is best as compared with the competitors dealing in the same industry

Therefore in the  given case, Cedric Stein orders aluminum component parts that are used in the Audi card production so here the purchasing function is used

5 0
3 years ago
Gary's Pets hired a managerial accountant to help forecast the company's expenses and income for its first year in business. Thi
zimovet [89]

Answer:  The Annual report is the financial plan of Garys's Pets of moving strategy from Point A to Point B over for the year.

Explanation:

Every company furnishes and publishes its Annual Report for the public review per year. It can be considered as the Report which is formulated with the help of four subreports produced in each quarterly period. Point A is the stage of implementation of project of many plans. Then when the company achieves its target and then it can release a strong financial statement of the Annual Report.

The Annual Report not only administers the actual scenario of business development, but it also exhibits the good reputation of the company to attract more customers by adopting powerful business strategies.

7 0
3 years ago
The manager for a growing firm is considering the launch of a new product. If the product goes directly to market, there is a 40
julia-pushkina [17]

Answer:

1. Calculate the NPV for each option available for the project. (Do not round intermediate calculations. Enter your answers in dollars, not millions of dollars, e.g. 1,234,567.)

  • go to market now = $744,000
  • focus group = $852,000
  • consulting firm = $916,000

2. Which action should the firm undertake?

  • A. Consulting firm

The NPV is higher than the rst of the options.

Explanation:

expected payoffs:

  • option 1 (go to market now) = (40% x $1.86 million) + 0 = $744,000
  • option 2 (focus group) = (55% x $1.86 million) + 0 = $1,023,000
  • option 3 (consulting firm) = (70% x $1.86 million) + 0 = $1,302,000

expected NPVs:

  • option 1 (go to market now) = $744,000
  • option 2 (focus group) = $1,023,000 - $171,000 = $852,000
  • option 3 (consulting firm) = $1,302,000 - $386,000 = $916,000

go to market now

5 0
3 years ago
Should all small businesses have websites and utilize social media​
SIZIF [17.4K]

Answer:

Yes

Explanation:

You need to inform people of your business and what they do!

8 0
3 years ago
Read 2 more answers
Over a certain period, large-company stocks had an average return of 12.14 percent, the average risk-free rate was 2.49 percent,
tatyana61 [14]

Answer:

14.6 percent

Explanation:

Data provided in the question

The average return of large-company stock = 12.14 percent

The average risk-free rate of return = 2.49 percent

The average return of small-company stock = 17.09 percent

By considering the above information, the risk premium is  

= Average return of small-company stock - Average risk-free rate of return

= 17.09 percent - 2.49 percent  

= 14.6 percent

This is the answer but the same is not provided in the given options

We simply deduct the risk-free rate of return from the market return so that the risk premium could come

6 0
3 years ago
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