If,at the current level of output, a firm's average cost is greater than its marginal cost, then:

What global marketing opportunities and challenges would you face if the simulation were based on a real-world international sit

Dominik [7]

Answer:

The answer is stated below:

Explanation:

The challenges which one would face and these are:

1. Hiring especially and retaining the top talent.

2. Secure the budget.

3. Economic fluctuations.

4. Trained professionals.

5. Evaluation of ROI (Return on Investment) on activities of the marketing.

When the company or firm faces the limitations grounded on the real world situations then all of the mentioned above will be a challenge for the company. The firm or the company will have to meet the fluctuation which is linked with the economic conditions as well as the currency.

When the assumptions are build as a simulation then the company or the firm will not be in a position to take the risk. The assumption could cause the firm to travel safely in the economy, in order to take or face the challenges the firm should ready to face the risks and have the plans in respect to tariffs, currency and other barriers.

If the firm wants to play safe then should be open to all the fluctuations and prepared to meet the ups as well as downs in the business.

So, assumptions should be made in such a way that they safeguard or protect the company but should not be such that it will limit the company growth.

5 0

3 years ago

High Country Corporation acquired two inventory items at a lump-sum cost of $80,000. The acquisition included 6,000 units of pro

SCORPION-xisa [38]

Answer:

$9,000

Explanation:

Calculation for the amount of gross profit that should be recognize

First step is to calculate the

A's sale value = 6,000 unit*12 per unit

A's sale value = $72,000

Second Step is to calculate B's sale value

B's sale value = 14,000 units*4 per unit

B's sale value= $56,000

Third step is to calculate the Total sale value

Total sale value = $72,000 + $56,000

Total sale value= $128,000

Fourth Step is to calculate the Cost of goods sold of A for 6,000 units and 2,000 units

Cost of goods sold of A for 6,000 units = ($72,000/$128,000) * $80,000

Cost of goods sold of A for 6,000 units = 0.5625*$80,000

Cost of goods sold of A for 6,000 units= $45,000

Cost of goods sold of A for 2,000 units = $45,000*2,000/6,000

Cost of goods sold of A for 2,000 units = $15,000

Last step is to calculate the Gross profit of A for 2,000 units

Gross profit of A for 2,000 units = (2,000*12 per units) - 15,000

Gross profit of A for 2,000 units = $24,000 - $15,000

Gross profit of A for 2,000 units = $9,000

Therefore the amount of gross profit that should be recognize will be $9,000

7 0

2 years ago

The acronym now, when used by financial institutions, stands for ________ and is a type of interest-bearing checking account.

ololo11 [35]

The answer is negotiable order of withdrawal or short for the acronym NOW. The acronym NOW, when it is used in terms of financial institutions, in stands for Negotiable Order of Withdrawal, it is a type of interest-grossing checking account wherein a patron or customer is allowed to create drafts against cash held on deposit or in short words, the owner of the account can write an unlimited amount of checks for drafts or to be used.

5 0

3 years ago

Following are the average accounts receivable and net sales reported recently by two large bever age companies (dollar amounts a

Vlada [557]

Answer:

A) Accounts receivable turnover ratio = Net credit sales / Average accounts receivable

The following table shows the accounts receivable turnover ratio of MCB and ABI:

Particulars MCB ABI

Net sales $8320 $17400

Average Accounts Receivable $720 $900

Accounts Receivable Turnover rate 11.5 19.3

B)

Day's sale outstanding = Accounts receivable / Total credit sales × 365

The following table shows the days sale outstanding of MCB and ABI:

Particulars MCB ABI

Net sales $8,320 $17,400

Average Accounts Receivable $720 $900

Day's sale outstanding 31.58 18.88

Explanation:

3 0

3 years ago

What is the rationale for the internal control principle, segregation of duties? select one:

liq [111]

The rationale for internal control principle, segregation of duties is that the work of one employee should, without duplication of effort, provide a reliable basis for evaluating the work of another employee. Segregation of Duties is a basic building block of sustainable risk management and internal controls for business. It is based on shared responsibilities of a key process that disperses the critical functions of that process to more than one person or department.

5 0

3 years ago