Local languages, the dominant religions, views toward leisure time, and the age and lifespan demographics constitute the sociocultural factors that significantly influence business.
<h3>What is local language ?</h3>
Local Language means the language declared by the concerned State Government as their official language.
There are various type of languages :
- Standard / Polite / Formal.
- Colloquial / Informal.
- Regional Dialect.
- Social Dialect.
- Lingua Franca.
- Pidgin.
- Creole.
- Vernacular.
<h3>What is Sociocultural?</h3>
Sociocultural is a term related to social and cultural factors, which means common traditions, habits, patterns and beliefs present in a population group. The term is mostly used in sociologic and marketing contexts and refers to the most remarkable drivers behind the way people makes decisions in a society.
Therefore, The sociocultural influences that have a considerable impact on business are local languages, the prevalent faiths, attitudes toward leisure, and age and lifespan demographics.
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Answer:
a. The total profit would be positively affected as it increases
Explanation:
1. We calculate the value of revenue per 8000 gallons with the initial chemical compound and processed into the new variant
Revenue Initial Chemical Compound= 8000 gallons X ($52/gallon)
Revenue Initial Chemical Compound=<em><u> $ 416.000</u></em>
Revenue Chemical compound processed into the new variant=8000 gallons X ($83/gallon)
Revenue Chemical compound processed into the new variant= <u><em>$ 664.000</em></u>
2. If we consider that the other production costs will be the same for the two chemical compounds, then the only difference will be the processing cost to refine the basic compound into the new variant. For this reason, we substract only the value of processing the basic compound into the new variant for the revenue of this.
<u><em>$ 664.000 - $160.000= $504.000</em></u>
3. The benefit values for each case are:
Initial Chemical Compound: $416.000
Chemical compound processed into the new variant: $504.000
In conclusion, greater benefit is obtained by processing the basic compound in the new variant than if the basic compound were sold only
Answer:
$8.00
Explanation:
The computation of total manufacturing cost for one teddy bear is shown below:-
50% of sewing cost $15,000 = $7,500
35% of processing cost $10,000 = $3,500
Total cost assigned to teddy bear = $7,500 + $3,500
= $11,000
Direct material = $2
Direct labor = $0.50
Overhead per unit = Total cost assigned to teddy bear ÷ Each months teddy bears manufactured
= $11,000 ÷ 2,000
= $5.50
Total cost per unit = Direct Material + Direct Labor + Overhead per unit
= $2 + $0.50 + $5.50
= $8.00
Answer:
The correctly punctuated is:
3) I need to know whether you are able to perform the following functions of the job: revising existing marketing materials, promoting the company at trade shows, and reaching potential customers through direct mail campaigns.
Explanation:
It has the colon at the right place, and the commas observe the standard Oxford Comma convention for making a list. Both colon and comma are punctuation marks that can be used in making a list. Usually, the colon is put after stating "the following," while commas separate one item from the other and are used when the items are three or more, with the last item started with a comma.
Answer:
Points are charged and the loan has a 30 year maturity but prepaid in five years
Explanation:
When you purchase points to lower your monthly mortgage payments, the bank (or lender) sell them calculating a 30 year payment schedule. If you pay the loan in a shorter period, it means that the points were sold at a very high price o you actually end up paying higher effective interest rate. That without even considering any possible prepayment penalties. But sometimes knowing that your mortgage is paid lowers your stress and it may be worth it from a personal (not financial) point of view.
