Based on the fact that the Euro will appreciate, the best thing for Johnson Co. to do is to e.purchase euros forward.
<h3>What should Johnson Co. do?</h3>
The fact that the Euro is going to appreciate in value means that Johnson Co. will have to pay more in future.
They should therefore lock in a favorable Euro rate now by purchasing Euros at a forward rate.
Find out more on purchasing forward at brainly.com/question/14090802.
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Answer:
monitoring and controlling
Explanation:
The five stages in the project management process are:
- Project initiation
- Project planning
- Project execution
- Project monitoring and controlling: in this stage you must measure the project's performance in order to identify any possible deviation from the project's plan. Project managers should use key performance indicators (KPI) to determine if the project s on track or not. In this case, one KPI was chicken meal and the deviation was steak meal.
- Project closure
Answer: d. Products the consumer could have bought instead of cigarettes.
Opportunity cost refers to the loss benefits from the choices a person would have made if he or she had not made a particular choice.
Opportunity cost is also known as alternate cost.
In this question, had the consumer would have spent on other products if he had not bought cigarettes. Hence these products represent the opportunity cost of cigarettes.
Answer:
relational switching cost
Explanation:
Switching costs are those related to expenses that a customer assumes when switching from a product or service provider, are expenses related to effort, money, time among others.
Costs are often low in a fragmented market and low and high in a consolidated market with few substitute products.
There are three types of switching costs:
- procedure,
- financial,
- relational.
Relational switching cost is one that is not quantifiable, but concerns consumer resistance and discomfort in adapting to change from a new supplier.
