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3 years ago

Situation analysis is an ongoing process, referred to as __________.

1 answer:

3 0

The answer is 'scanning the environment'. Environmental scanning is a process that systematically surveys and interprets relevant data to identify external opportunities and threats.

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a firm in a perfectly competitive industry is producing 1000 units of output and earning revenues of 50000. At that level of out

hram777 [196]

Answer:

Increase quantity to where AC = MC = D=AR=MR

Explanation:

A perfectly competitive market is where there are many firms in the industry producing homogeneous products. There is ease of entry and exit into and out of the market. They are price takers and earn normal profits in the long-run. In order to maximize profits, a firm in a perfectly competitive industry should produce an the quantity where its average cost is equal to marginal cost when AR = MR = D. In other words, when the AC and MC curves intersect with AR = MR = D curve.

Please refer diagram

The firm is currently producing at a point where AC > MC at quantity 1000. In order to reach AC = MC, the firm has to increase its quantity to Qe. As it increases quantity, although marginal cost increases, average cost falls because now fixed costs are spread over a larger quantity of output.

At Qe, the three curves intersect and is the point where this firm can maximize its revenue (Price = Pe). At a price higher than this, it would lose customers since there are many others producing the same product and customers can easily shift to another.

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3 years ago

What are the advantages and disadvantages of developing a new sales organization for the Western Region that would organize acco

Natali5045456 [20]

Answer:

The advantages and disadvantages of developing a new sales organization for the Western Region that would organize according to these customer types is explained below in complete details.

Explanation:

The advantage of new sales business for the western country is I believe they have a related business and related business can create efficient and quicker money. The disadvantage of a new sales organization for the western countries is when customers require guidance or buy any product from other companies they require to call them to resolve the issue and I think this is more contrasted.

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3 years ago

Oliver is a small manufacturing business owner. He has a limited number of employees working under him. He usually helps his emp

Mekhanik [1.2K]

Answer: Social and motivational character trait helps him to be a good entrepreneur.

Explanation:

Oliver understands the strengths and weakness of the employees. He tries to nurture the strengths of the employees . By doing so the employees can be more productive and give efficient performance. He is being very social with the employees and understands their insecurities and tries to provide solution.

He concentrates on the personal growth of the individuals working under him. He plays the role of a motivational leader which helps him to be a successful entrepreneur. When the employees have job satisfaction they perform well in their work.

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3 years ago

Larry Marder explains that the company may change what its focus is from year to year. For example, he mentions that if Todd McF

NemiM [27]

The given excerpt describes maintaining strategic control step of the strategic management process.

Option A

Explanation:

A Specialized form of management power and differing from other forms of government control (particularly from operational control) regarding the requirement to deal with instability and uncertainty at different points in the controlling process is a method that organizations are used to regulate the creation and exercise of strategic plans.

The goal of strategic control is not to address the issue: "Have we done the right strategic decisions some time ago? Yet "How good do we do now and how good do we do, to which accurate information is provided, in the immediate future?" "The aim is not to illustrate past mistakes but to recognize the appropriate changes to lead the organization in the right direction.

So, in terms of the actually desired objectives and not against expectations or strategies set at some point in history, that decision must be made.

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3 years ago

9 . Implied interest rate and period Consider the case of the following annuities, and the need to compute either their expected

vodomira [7]

Answer:

IRR 6% for Jabob

His friend will need 12 years saving cash to obtain their collegue funds.

Explanation:

We will solve for the rate being the annuity of 3 payment of 800

and the present value 2,138.41

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 800

time 3

PV 2,138.41

rate ?

$800 \times \frac{1-(1+x)^{-3} }{x} = 2,138.41\\$

To solve we can use excel, a financial calculator or trial and error

For excel we will do the following:

write the list of cash through the loan life:

-2,138.41

+800

then we write in the empy cell

=IRR(

select the values and press enter

This will give the IRR which is 6%

For the second assignment:

we need to solve for time:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 3,800

time n

rate 0.06

PV $31,897

$3800 \times \frac{1-(1+0.06)^{-n} }{0.06} = 31,897\\$

We work out the formula:

$(1+0.06)^{-n} = \frac{31,897\times 0.06}{3,800}$

Now we solve the right side and apply logarithmic properties

$-n = \frac{log0.503636842
}{log1.06}$

-n = -11.77128325

n = 11.77

It will take 12 years to obtain their target amount

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4 years ago