Answer:
c) understand the parts of the firm's operation that create value and those that do not.
Explanation:
Value chain analysis (VCA) is a process where a firm identifies its primary and support activities that add value to its final product and then analyze these activities to reduce costs or increase differentiation.
Value chain represents the internal activities a firm engages in when transforming inputs into outputs.
Value chain analysis is a strategy tool used to analyze internal firm activities. Its goal is to recognize, which activities are the most valuable (i.e. are the source of cost or differentiation advantage) to the firm and which ones could be improved to provide competitive advantage. In other words, by looking into internal activities, the analysis reveals where a firm’s competitive advantages or disadvantages are. The firm that competes through differentiation advantage will try to perform its activities better than competitors would do. If it competes through cost advantage, it will try to perform internal activities at lower costs than competitors would do. When a company is capable of producing goods at lower costs than the market price or to provide superior products, it earns profits.
Answer:
Cheryl's net worth is;
c). $5,000
Explanation:
The net worth is the value of an individual taking into account all the individual's assets and liabilities. It is a holistic view on the value of an individual. It is also used to estimate the value of a company, corporation and even countries. It is one of the standard measures used to gauge an entity's wealth. The net worth can be calculated by taking the difference between assets and liabilities. An asset is anything of economic value that is owned by an entity while a liability is anything of economic value that is owed.
The following formula can be used to estimate Cheryl's net worth;
N=A-L
where;
N=net worth
A=assets
L=liabilities
In our case;
N=unknown to be determine
A=Automobile+checking account
Automobile=$10,000 and checking account=$5,000
A=10,000+5,000=$15,000
L=student loan+car loan
student loan=$2,000
car loan=$8,000
L=2,000+8,000=$10,000
replacing;
N=15,000-10,000=$5,000
Cheryl's net worth=$5,000
a. Compute the direct material costs
Explanation:
a. Compute the direct material costs
Actual sales volume for a period is
units. budgeted sales volume is
. actual selling price per unit is $
and budget price per unit is $
. the sales price variance is $
Sales Price Variance:
The term "sales price variation" describes the discrepancy between a company's anticipated price for a good or service and the amount that was actually paid for it.
Reduced competition, higher sales price realization, general inflation, a sudden rise in product demand, etc. are a few potential reasons for a favorable sales price variance.
Sales Price Variance = (Actual Sale Price – Standard Sale Price) × Actual Quantity Sold.
Calculation of the Sales Price Variance :-
Sales Price Variance = ( Actual price
Budgeted price)× Actual quantity
Sales Price Variance = 
Sales Price Variance = $
Unfavorable.
Learn more about Sales Price Variance here
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Generally speaking, population dependency ratios demo number of dependents to population. This is essentially reversing the picture. Because as the number of workers to population decline, the classic dependency ratio increases. Hence, it will likely cause worker productivity to decline.