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LiRa [457]
3 years ago
11

Dominic is the founder of an innovative "impromptu catering" business that provides elegant, healthy party food and decorations

on less than 24 hours' notice. The company has grown by over 150 percent in the past year. Dominic credits some of the company's success to studying the strategies of prominent social entrepreneurs, such as Wikipedia's Jimmy Wales. What can Dominic do to exemplify the social entrepreneurship model?
Business
1 answer:
AleksAgata [21]3 years ago
5 0

Answer:

He should provide catered food for homeless on weekly basis.

Explanation:

Impromptu catering was founded by Dominic, who is an emerging entrepreneur in the catering business. He is famous for his deadlines which provides catering and decoration services in less than a 24 hour deadline. The company has grown to 150% in just one year. Dominic gives his success credit to the strategies of prominent social entrepreneur which he studied over the years. So he should also do something unique that would make him demonstrate or exemplify the social entrepreneurship model. So he should provide catered food to the homeless people on weekly basis. This would set an example for others as well.

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The Rowe Corporation uses a standard cost system. The company applies manufacturing overhead to units of product based on machin
Viefleur [7K]

Answer:

Allocated overhead= $216,000

Explanation:

Giving the following information:

Estimated overhead= $225,000

Estimated machine-hours= 25,000

At standard, each unit of finished product requires 3 machine-hours. Units of product completed 8,000 units

<u>To allocate overhead, we need to use the standard number of machine-hours that would take to produce 8,000 units.</u>

First, we need to determine the estimated overhead rate:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 225,000/25,000= &9 per machine hour

Now, we can allocate overhead:

Allocated overhead= 9*(8,000*3)= $216,000

7 0
3 years ago
The chapter identifies three governing mechanisms for strategic alliances: non-equity, equity, and joint venture. List the benef
Paul [167]

A strategic alliance is an arrangement between two companies to undertake a mutually beneficial project while each retains its independence.

The agreement is less complex and less binding than a joint venture, in which two businesses pool resources to create a separate business entity.

<h3>What is Joint Venture?</h3>

A joint venture is a child company of two parent companies.

It’s maintained by sharing resources and equity with a binding agreement. Whether it’s formed for a specific purpose or an ongoing strategy, a joint venture has a clear objective, and profits are split between the two companies.

<h3>What is Non – Equity Strategic Alliance?</h3>

In a non-equity strategic alliance, organizations create an agreement to share resources without creating a separate entity or sharing equity.

Non-equity alliances are often more loose and informal than a partnership involving equity. These make up the vast majority of business alliances.

Learn more about strategic alliances here:

<h3>brainly.com/question/19474063</h3><h3 /><h3>#SPJ4</h3>
3 0
2 years ago
Rodney Halpern works in the marketing department of a major manufacturing firm. Much of his job involves managing the movement o
fredd [130]

Answer:

Letter D is correct. <u>Supply chain management.</u>

Explanation:

It can be said that Rodney's professional responsibilities focus on supply chain management.  The entire logistical process of a product or service, ranging from its manufacture to its delivery to the final consumer can be defined as a supply chain.

Rodney's job is to ensure that the flow of all stages that make up the production process, such as raw materials, work in progress, finished products, and information are managed correctly so that there is an effective supply chain, which ensure delivery of products and services to the right place at the right time.

5 0
3 years ago
If an existing asset is sold at a gain, and the gain is taxable, then the after-tax proceeds from this transaction would be equa
Zinaida [17]

Answer:

If an existing asset is sold at a gain, and the gain is taxable, then the after-tax proceeds from this transaction would be equal to:

Net proceeds from the sale less the taxes paid on the gain.

Explanation:

An illustration is given below.  Company A received $70,000 from the sale of an Office Equipment with a tax basis of $40,000.  The capital gains tax rate is 20%.  How much would be the after-tax proceeds?  The net proceeds minus the tax basis would result in the capital gains of $30,000.  Then, the capital gains tax equals $6,000 ($30,000 * 20%).  Therefore, the after-tax proceeds would be $70,000 minus $6,000, which is equal to $64,000.

6 0
2 years ago
Demand elasticity analyzes the _______________ and the change in total revenue resulting from a change in price.
ehidna [41]
<span>Demand elasticity analyzes the degree of sensitivity and the change in total revenue resulting from a change in price.
Demand is a service (in economics), that people are willing to buy at a certain price and degree of sensitivity is combination of the affect which is caused by changes in input values or output.</span>
5 0
3 years ago
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