Answer:
Letter c is correct. <u>Management Science.</u>
Explanation:
The correct alternative corresponds to the theory of management science.
This theory can be considered a contemporary management approach, whose central objective is to use several scientific methods to assist the company in reaching its objectives and goals.
That is, there is the use of a study of solutions of problems and techniques so that the use of resources and the decision-making process are potentialized for the production of a good or service.
This approach is often used in human organizations, as there are strong links in its implementation with the economy, management, management consulting, engineering, and others.
<span>Survival: Keep up with its motto and staying in business without going into bankruptcy, in short surviving the highs and lows of the business terrain, growth: adding value to what's already been achieved and expanding. profits: most share holders only want to hear about profit and not losses so they need to be able to make money , and environmental: they need to make sure that they are in compliance with the obtainable environmental laws and they are contributing positively to it.</span>
Answer:
The lowest selling price Geneva should accept for this purchase order is $20 per unit
Explanation:
Geneva produced dolls with Variable manufacturing costs $20 per unit.
Geneva receives a purchase order to make 5,000 dolls as a one-time event and this order is during a period when Geneva does have sufficient excess capacity.
Fixed cost did not change and there was no Variable selling and administrative costs for this order.
The lowest selling price Geneva should accept for this purchase order = Variable manufacturing costs = $20 per unit
Answer:
(Competion____________ ) among buyers and sellers prohibits a single buyer or seller can dictate the price of a product or resource because others can undercut that price. The regulatory mechanism of the market system is ( competition___________ ). As the result, the ( _economic_________ ___power_____ ) is widely distributed. In other words, competition diffuses ( __economic________ ___power______ ) and limits the actions of any single seller or buyer.
Explanation:
Economic power refers to the ability of countries, businesses, or individuals to improve their standard of living, making decisions that benefit themselves alone, and reducing the ability of any outside force to reduce their freedom. Competition refers to the selling and buying of goods and services with others, who are also selling and buying the same goods and services. It balances economic power, preventing a single individual from monopolizing the market interaction.
Answer:
$74,932.66
Explanation:
Present value is the sum of discounted cash flows.
Present value can be calculated using a financial calculator
Cash flow from year 1 to 4 = $20,000
Cash flow in year 5 = $25,000
I = 12%
Present value = $74,932.66
To find the PV using a financial calacutor:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
I hope my answer helps you
