Answer: E.When there are so many industry rivals that the impact of any one company's actions is spread thinly across all industry members
Explanation:
The more the number of players in an industry the more it gets congested and especially for the competing sellers. The decision for increasing or reducing price is met by follower firms to do the same thing. It gets less competitive because you know all the players in the industry would be following the same practices and doing the same thing.
Answer:
The company produce during June 5,745 units
Explanation:
Units the company produce during June = Units sold during June + Units in ending inventory - Units in beginning inventory
The company plans to sell 5,700 units in June and has 855 units in beginning inventory, has a target of 900 ending inventory
Units the company produce during June = 5,700 + 900 - 855 = 5,745 units
Answer: Internal benchmarking
Explanation:
Benchmarking on its own is a process that companies use to improve and it works by them comparing certain aspects of their business to others to see if they can do better.
This process can be internal as well and the scenario described is one such example. When employees compare their cases to see how to handle it better, they are comparing aspects of the business in order to grow the business so this falls under benchmarking.
Answer:
I believe that is company culture
Explanation:
reason it just makes sense to me
its definitely not A or B
Answer:
$174,240
Explanation:
Beginning inventory = $162,700
Purchases = $458,700
Sales revenue = $638,800
Cost of goods sold = sales × ( 1 - Gross profit )
= sales × ( 1 - Gross profit )
= $638,800 × ( 1 - 0.30 )
= $638,800 × 0.70
= $447,160
Now,
Estimated ending inventory destroyed in fire
= Beginning inventory + purchases - Cost of goods sold
= $162,700 + $458,700 - $447,160
= $174,240