Answer:
d.IT enables business success and innovation
Explanation:
Information technology (IT) relates to use and maintenance of computers, software and networking systems so as to recover useful data or transmit data. Growth in information system has lead to an increase in innovation, which means performing a said task more efficiently and effectively.
Progress in Information Technology has made complex tasks easier and have boosted the efficiency. By leading to innovation, IT gradually enables a business to succeed.
Answer:
c) Hotel rates for AAA members are lower than for nonmembers.
Explanation:
In business, the term price discrimination refers to the strategy by which the seller charges a different price for the SAME product because the seller knows that the client will pay that price. The key word of this definition is that the seller is offering the <u>same</u> service/product but at different costs
If we take a look at our options we can see that a) offers a different service (one is overnight shipping and the other is standard), b) also offers a different product (first-class seats vs. coach), finally, c) offers the same product (the same hotel rooms) but non members pay more for the rooms than AAA members.
Thus, the correct answer is c) Hotel rates for AAA members are lower than for nonmembers.
Answer:
Contribution margin per composit unit is $56
Explanation:
Composit unit are the unit of sales which is made by combining multiple products. They are sold as a package. Their costs are calculated calculated.
Product Unit S. Price V. Cost / unit CM / unit No. of unit
Regular $20 $8 $16 1
Ultra $24 $4 $20 2
Composit Margin per unit = ( 1 x CM per unit Regular ) + ( 2 x CM per unit Ultra )
Composit Margin per unit = ( 1 x $16 ) + ( 2 x $20 )
Composit Margin per unit = $16 + $40
Composit Margin per unit = $56
Answer:
E. We can't be sure how the project is going
Explanation:
This numbers alone are not sufficient information to evaluate the project.
We could be spending less because we saved cash in a part of the project, because there are unpaid expenses which are not due yet. There could a series of factor involving this difference. This is only saying the project has available from their original budget 5,000 more dollars. It could spend this without incurring in additional cash spending. Going beyond this will require some kind of approval from the managers.
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<u>Resuming:</u> the only conclusion from this, is that the project has available 5,000 dollars to spend if necessary. We cannot know if the project is going well or not.
Answer:
The correct answer is C that is Market follower
Explanation:
Market follower is the one or the company who follows what the leader do . The market followers does not want to take the risks . Rather, they observes what their competitors do and most especially the market leaders. And then the firm adopts or grab or follow the strategies of the leaders.
So, the firm or organization who is ready to maintain the market share by not affect the competitors will be called as the market follower.