Answer:
Explanation:
a. Total cost=4800+30*2*x=4800+60x
The cost for the conference room, instructor compensation, lab assistants, and promotion is $4800
Computer rental - $30 per day
Length of seminar - 2 days
X - number of students
b. total profit = revenue-costs incurred = 300x-(4800+60x)=240x-4800
Projected fee - $300 per student
c. If 30 students enrolled
profit=240*30-4800=7200-4800=2400
d. 240x-4800=0
x=4800/240=20
break-even point is 20, it is point at with profit will equal zero
D. A change in the price of the product will lead to a movement along the curve and not a complete shift of the curve
Answer:
post-audit
Explanation:
Post audit process can be regarded as
the analysis of result of capital budgeting investment. When this result of the audit are use in making budgeting decisions in future capital, and this side decision making process.
It should be noted that thorough evaluation of how well a project's actual performance matches the projections made when the project was proposed is called a post-audit.
The business owners involvement in the local business is much needed strategy. But to expand in new market it is necessary to adopt to niche marketing strategies.
<u>Explanation:</u>
The business owner has good knowledge about the local market in which he is operating so he can utilize the appropriate management techniques for successful business. It is necessary to find the right partners for expansion.
To expand business in new Asian markets the business owner must have knowledge about the Asian market to implement marketing campaigns. It is better for Chuck to recruit the local people with talent for expanding his business. Expert advice have to be obtained before expansion of business.
