% return would be (total profit / total invested) * 100 so
( 100 / 1000 ) * 100 = 10%
Answer:
The price.
Explanation:
Elasticity is the percentage change in quantity divided by the percentage change in price.
Answer:
$3,310.20
Explanation:
The applicable formula in this case is
A = P x ( 1 + r )^ n
Where A= amount after 20 years
P is principle amount= $1000
r is interest rate = 6 % or 0.06 per year: monthly interest = 0.06/12
n is number of periods = 12 months x 20 years
A = $1000 x ( 1 + 0.005) ^240
A = $1000x (1.005) ^ 240
A =$1000 x 3.31020447580
A =$3,310.2044
Answer:
Centralized production processing facility considers top management as the apex of decision making.
In decentralized production processing the decision making is delegated to teams and multiple individuals.
Explanation:
Centralized facility:
Pros:
a. In centralized facility top management commitment helps in improved decision making
b. Allocation of budgets to improve production processes.
c. The process becomes a part of strategic planning.
d. Standardization of processes like Mcdonalds kitchen.
e. Lower costs
f. Better forecasting
Cons:
a. Lack of flexibility
b. In case of international chains customers may be dissatisfied with standardized procedures
c. No room for customization
Decentralized Facility:
Pros:
a. Flexibility
b. Customer oriented approach
c. lack of bureaucratic procedure
d. quick decision making
Cons:
a. No standardization
b. Every Team has its own benchmarking process to evaluate performance.
c. Costly
d. Planning, budgeting and forecasting is effected adversely.
Market structure serves as the way the industries in the market are been classified.
<h3>What is Market structure ?</h3>
Market structure can be regarded as a structure that is used in the classification of different industry that made up a market.
The types of market structures are:
- perfect competition
- oligopoly market
- monopoly market
- monopolistic competition.
These classification is usually done base on based on their degree and nature of competition of that industry.
Learn more about Market structure here: brainly.com/question/3010212
#SPJ1
