Since the cost of $20,000 has been incurred two years ago, the firm should check and see as to how many units of the product were produced in the two years. Did the firm produce enough items to break even the cost of acquisition. Additionally the business should also check the current market value of this two year old equipment. The business manager should weigh in the savings that is to be obtained from outsourcing along with the resale value of the old machine and then take a declension as to whether the company should go for outsourcing. Also, the business manager must examine whether the outsourcing can happen for the long run. This is because two years down the line, outsourcing may have increased the cost and again another process may look attractive. So a through cost benefit analysis should be made before taking a decision.
Answer:
c) brand
Explanation:
The four competitive structures include;
Monopoly which is made up of a single seller but many buyers. The seller is the price setter of the goods or services offered.
Oligopoly is made up of few firms selling homogenous products.
Pure competition is characterized by large number of independent sellers who offer identical products. It has much less restrictions.
Monopolistic competition is made up of many sellers selling closely related but differentiated products.
Based on the various amounts that the bread was sold for to different people, the GDP in the country is <u>$140</u>
The GDP in a country refers to the final value of goods and services produced in the country and not the intermediate value.
This is done to avoid the phenomenon known as double counting which can inflate GDP.
The GDP here is therefore the final price of the bread which is $140.
Find out more about double counting at brainly.com/question/1112587.
Answer:
The correct answer is letter "C": Enhance innovation and creativity.
Explanation:
Phil is enhancing innovation and creativity by introducing his new management assessment. Those assessments are typically directed to executives and how they should use their resources to drive companies to success. However, Phil is promoting the idea of obtaining valuable information from knowledgeable employees of the entity that could help managers to make better decisions.