Answer:
The correct answer is letter "C": venture capital.
Explanation:
While determining a business plan individually, managers must portrait all the situations in which the business will be handled, since the beginning until the company is up and running. Managers must consider what product or service will be offered, what the production process will be and how it is going to be organized. Besides, what kind of labor hand will be necessary according to the business. If <em>accurate</em>, the business plan will be put into practice.
The process of investing itself is not necessary at this stage, so the venture capital is not going to be needed yet when only making the business plan.
Answer:
$62
Explanation:
The computation of the maximum amount that should be willing to pay per unit is as follows:
The Relevant costs for decision making is
= Avoidable Costs + Opportunity Costs
where,
Total Avoidable Cost = Total Units Needed × ( Direct Materials + Direct Labor + Variable Manufacturing Overhead + Avoidable Fixed Manufacturing Overhead )
= 8,000 × ($14.90 + $17.50 + $1.90 + $7.50)
= $334,400.
And, the Total Opportunity Costs of Making is $161,600.
Now
Total Relevant Costs is
= $334,400 + $161,600
= $496,000.
So, the maximum per unit would be
= $496,000 ÷ 8,000
= $62
Answer:
The correct answer is A. What goods will be produced, how will they be produced, and who will receive the goods?
Explanation:
- Questions about what goods and services should be produced have always overwhelmed entrepreneurs. There are very few guarantees that a new product, once it has entered the market, has in the case of a country and from an economic point of view, this question should be asked about the resources available instead of asking about some specific product.
- Knowing what is produced is half the battle won, but knowing how it is produced is the most important thing. This idea encompasses much more than the infrastructure and resources available.
Again, in developed economies the problem lies mainly with companies, but in many cases, companies depend on the government to create these conditions.
- If nobody buys the product, it makes no sense that it is produced. In a modern economy, thanks to communications, companies do not start to produce something until they are sure that there is a market that will buy it, but sometimes a company's product does not achieve success exactly like that. Therefore, the definition and importance of the economy must be taken into account, so future evils will be avoided.
Percentage, hope that helps
