Answer:
$273,600
Explanation:
The selling price per unit is $160
Variable expense per unit is $70.40
Fixed expense per month is 153,216
Therefore the monthly breaking can be calculated as follows
CM ratio = 56%
=>56/100
= 0.56
= 153,216/0.56
= 273,600
Hence the monthly break even in monthly dollars sales is $273,600
It should be noted that Nike has responsibilities to the people that are living in any country that they operate. Therefore, the statement is true.
It should be noted they the company's sustainability program and corporate social responsibility aligns with the core beliefs of the company.
Nike has responsibilities to the people that are living in any country that they operate. The company leverages the power of sport in order to promote its agenda about changing the world for the better. The company also engages in various programs that will improve the communities.
Learn more about responsibility on:
brainly.com/question/1236273
Answer:
b. False
Explanation:
Adhocracy refers to a form of organizational culture characterized by quick adaptation and flexibility in approach.
Such culture takes into perspective adaptive or impromptu action in a dynamic business environment.
In the given case, the employee prefers a strict culture, without taking into account external environment and with little flexibility. Also the company is willing to assume risks.
Thus, the given scenario does not correspond to Adhocracy culture.
Answer:
the percentage change in quantity demanded is less than the percentage change in price (in absolute value).
Explanation:
Inelastic demand is when the demand for a product remains relatively constant, even if its price changes. Goods and services considered essential have inelastic demand. Foods stuff and petrol will have a constant demand regardless of their price levels.
A small percentage change in the price of an inelastic good or service will have minimal changes in its demand. For example, drinking water is an essential commodity. A small change in its price will not have any significant change in demand because people will need to drink water regardless of its price. Therefore, a small percentage change in price causes a lesser percentage change in quantity demanded.
