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3 years ago

A convenience store chain attempts to be responsive and

Business

1 answer:

lidiya [134]3 years ago

4 0

Answer:

Explanation:

Store should become a responsive one in a way, that customers can see their all products online, add in their shipping cart and come and have a look on retail store and be able to buy buy or vice versa as well. Plus a responsive customer service team empanelled with Sales team should be present to assist customers in case of service/ sales enquiries, thus delivery high service level satisfaction.

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Factors of production are: the laws that regulate manufacturers. the technological innovations available to companies. the resou

mestny [16]

Answer:

the resources used to create output.

Explanation:

Factors of production are the resources used to create output.

They include :

Land : land is all natural resources used in the production process.

Capital - Capital includes all man made resources used in the production process

Labor : all human effort expended in the production process

Entrepreneurship : organizes all other factors of production

4 0

3 years ago

Hillsong Inc. manufactures snowsuits. Hillsong is considering purchasing a new sewing machine at a cost of $2.45 million. Its ex

maw [93]

Answer:

NPV = 37,599 Negative

Explanation:

We can calculate the NPV of the new sewing machine by deducting the Present value of future cash inflows by Investment

Initial investment = Machine cost + Training cost - Salvage value

Initial investment = 2,450,000 + 85,000 - 250,000

Initial investment = 2,285,000

Year DF(9%) Present Value

1 Cash inflow 390,000 x 0.917 $357,798

2 Cash inflow 400,000 x 0.842 $336,672

3 Cash inflow 411,000 x 0.772 $317,367

4 Cash inflow 426,000 x 0.708 $301,789

5 Cash inflow 334,100 x 0.650 $217,077 (434,100 - 100,000)

6 Cash inflow 435,000 x 0.596 $259,376

7 Cash inflow 436,000 x 0.547 $238,507

7 Salvage value 400,000 x 0.547 $218,814

Present Value of cash inflow $2,247,401

Initial investment $2,285,000

NPV ($2,247,401 - $2,285,000) (37,599)

Conclusion: Hillsong should not purchase the new machine as the NPV of the machine is negative

4 0

3 years ago

A complex structure of offices, tasks, and rules organized within a hierarchy of authority is known as a(n) ______.

iogann1982 [59]

Bureaucracy is a formal system of of organization and administration designed to ensure the efficiency and effectiveness. *Bureaucratic Structure*

8 0

3 years ago

2. Pure Water is considering buying new production equipment. The new equipment will increase fixed costs by $200,000 per year a

BARSIC [14]

Answer and Explanation:

The computation is shown below:

But before that we need to do the following calculations which are shown below:

The Contribution per unit of faucet is

= $75 - $15

= $60

And, the Contribution per unit of pitcher filter is

= $100 - $30

= $70

Now Contribution per unit in present sales mix is

= [($60 × 2) + ($70 × 3)] ÷ 5

= ($120 + $210) ÷ 5

= $66 per unit

And

The Fixed cost is

= $1,000,000 + $200,000

= $1,200,000

Now

Break even units is

= $1,200,000 ÷ $66 per unit

= 18,181.81 units

For faucet, it is

= (18,181.81 × 2) ÷ 5

= 7,272.72 units

For pitcher filter, it is

= (18,181.81 × 3) ÷ 5

= 10,909.086 units

4 0

3 years ago

The various tasks in IBM's manufacturing plant are arranged so that one worker draws the wiring, another strengthens the wires,

Scilla [17]

Answer: Specialization

Explanation:

The job specialization is the one of the concept that basically focuses on the special areas and also the expertise in which the people perform various types of tasks based on their abilities.

The job specialization is one of the important factor that helps the organization for achieve the desired goals and also increase the growth of the business quality.

According to the given question, the IBM's manufacturing plant are basically arranged by the workers in more efficient way where the one worker performed the duty by drawing the strengthen of the wiring and other workers doing their expertise task.

Therefore, the above given example is refers to the job specialization.

4 0

4 years ago