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PilotLPTM [1.2K]
2 years ago
12

The transmission of a capitalist economic system from one generation to the next best illustrates the impact of

Business
2 answers:
devlian [24]2 years ago
8 0

Answer – Culture

 

The transmission of a capitalist economic system from one generation to the next best illustrates the impact of CULTURE. <span>Culture (the established norms and social found in human societies) is usually handed down in human societies from one generation to the next through social learning.</span>

jekas [21]2 years ago
4 0

I believe the answer is: Culture

Culture refers to the manifestation of people's intellect, principles , and idea that exist in certain type of society.

Culture could influence the things that considered to be morally right or wrong in the society. This principles could change people's outlook regarding money and how society should treat its members. This could lead to the transmission of the economic system.

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Bailey is a new salesperson for a textbook publisher. She is compiling a list of professors who make textbook buying decisions a
coldgirl [10]

Options:

A. prospecting and qualifying.

B. sales identification.

C. personal development.

D. preliminary sales analysis.

Answer:A. prospecting and qualifying.

Explanation: Prospecting and qualifying are two terms which are currently used by the people who are involved in the sales and marketing of products.

Prospecting is the process of identifying and correcting with people or Organisations that can become potential customers.

Qualifying is the process of identifying and confirming if a given lead is a potential and prospective customer.

THE ACTIVITIES OF BAILEY THROUGH WHICH BAILEY WAS ABLE TO IDENTIFY DECISION MAKERS WHO ARE WILLING TO CONSIDER OF HER TEXT IS PROSPECTING AND QUALIFYING.

7 0
2 years ago
Northwood Company manufactures basketballs. The company has a ball that sells for S25. At present, the ball is manufactured in a
Maksim231197 [3]

Answer:

1A. Compute the CM ratio and the break-even point in balls.

  • CM ratio = 2.5
  • break even point = 21,000 balls

1B. Compute the degree of operating leverage at last year.

  • 31.82%

2. Due to an increase in labor rates, the company estimates that variable expenses will increase by $3 per ball next year. If this change takes place and the selling price per ball remains constant at $25, what will be the new CM ratio and break-even point in balls?

  • CM ratio = 3.57
  • break even point = 30,000 balls

3. Refer to the data in (2) above. If the expected change in variable expenses takes place, how many balls will have to be sold next year to earn the same net operating income, $90,000, last year?

  • 42,858 balls

4. The president feels that the company must raise the selling price of its basketballs. If Northwood Company wants to maintain the same CM ratio as last year, what selling price per ball must it charge next year to cover the increased labor costs?

  • new price of $28 per ball

5. The company is discussing the construction of a new, automated manufacturing plant. The new plant would slash variable expenses per ball by 40%, but it would cause fixed expenses per year to double. If the new plant is built, what would be the company's new CM ratio and new break-even point in balls?

  • CM = 1.32
  • 26,250 balls

6.a. If the new plant is built, how many balls will have to be sold next year to earn the same net operating income, $90,000, as last year?

  • 31,875 balls

6.b. Assume the new plant is built and that next year the company manufactures and sells 30,000 balls (the same number as sold last year). Prepare a contribution format income statement and compute the degree of operating leverage.

Income Statement

Total revenue $750,000

Variable expenses <u>($270,000) </u>

Contribution margin $480,000

Fixed expenses <u>($420,000 )</u>

Net operating income $60,000

Degree of operating leverage = 60.87%

6.c. If you were a member of top management, would you have been in favor of constructing the new plant?

  • If you cannot avoid paying the salary raise, then the company needs to carry on the new plant project.

Explanation:

sales price per ball = $25

variable expenses: $15 per unit

  • direct labor $9
  • other variable costs $6

CM ratio = net sales / CM = $750,000 / $300,000 = 2.5

break even point = total fixed costs / CM per unit = $210,000 / $10 = 21,000 balls

degree of operating leverage = fixed costs / total costs = $210,000 / $660,000 = 31.82%

new CM ratio = net sales / CM = $750,000 / $210,000 = 3.57

break even point = total fixed costs / CM per unit = $210,000 / $7 = 30,000 balls

sales level for $90,000 profit = ($210,000 + $90,000) / $7 = 42,857.14 ≈ 42,858 balls

CM ratio (new plant) = net sales / CM = $750,000 / $570,000 = 1.32

break even point = total fixed costs / CM per unit = $420,000 / $16 = 26,250 balls

sales level for $90,000 profit = ($420,000 + $90,000) / $16 = 31,875 balls

8 0
3 years ago
JK Company can sell all of the plush and supreme products it can produce, but it has limited production capacity. It can produce
shepuryov [24]

Answer:

$3,418,800

Explanation:

Contribution margin per hour:

Plush: 4 units per hour x $231 = $924

Supreme: 2 units per hour x $317 = $634

Since contribution margin per hour from Plush is higher than Supreme, we select Plush as the most profitable sales. Hence,

Total contribution = 3,700 hours available x $924 = $3,418,800

Hope this helps!

8 0
3 years ago
Read 2 more answers
in any industry in which repeat business is done with the same parties, there is always a balance between pushing the limit on a
kenny6666 [7]

The statement is True. In any industry in which repeat business is done with the same parties, there is always a balance between pushing the limit on any particular negotiation and making sure the other party—and your relationship with him—survives intact.

Negotiation is a dialogue among two or extra human beings or events to reach a preferred final result regarding one or more troubles of battle. it's miles an interplay among entities who aspire to agree on topics of mutual interest. The agreement may be useful for all or some of the events concerned.

Examples of employee-to-1/3-celebration negotiations encompass: Negotiating with a purchaser over the charge and terms of a sale. Negotiating a prison agreement with an opposing legal professional. Negotiating carrier or supply agreements with companies.

The term negotiation refers to a strategic dialogue that resolves a problem in a way that each event locates ideal. In a negotiation, every birthday party tries to persuade the alternative to accept as true with their factor of view.

Learn more about negotiation here brainly.com/question/902450

#SPJ4

7 0
1 year ago
Gundy Company expects to produce 1,207,200 units of Product XX in 2017. Monthly production is expected to range from 75,600 to 1
kenny6666 [7]

Answer and Explanation:

The preparation of the flexible manufacturing budget is presented below:

                                              Activity level    

Finished units                 75,600            96,600           117,600

                                                      (75,600 + 21,000)      

Variable costs    

Direct materials($3) $226,800 $289,800 $352,800

Direct labor ($7)          $529,200 $676,200 $823,200

Overhead ($10)         $756,000       $966,000       $1,176,000

Total variable costs $1,512000       $1,932,000      $2,352,000

Fixed costs    

Depreciation [($4 ×  1,207,200) ÷  12] $402,400    $402,400   $402,400  

Supervision [($1 ×  1,207,200) ÷  12]     $100,600     $100,600   $100,600

Total fixed costs     $503,000           $503,000          $503,000

Total costs            $2,015,000          $2,435,000       $2,855,000

We simply added the total variable and total fixed cost so that the total cost could come and the same is shown above

5 0
2 years ago
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