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3 years ago

Describe the necessary conflict between marketing managers and finance managers. Why is it necessary? (Simple answer please)

1 answer:

7 0

There is necessary conflict between marketing managers and finance managers because they are constantly fighting the battle of where to spend money. Marketing departments want to use money to heavily advertise their company/product, brand themselves within the public eye, conduct research and more whereas finance managers focus soley on the budget and finances of a business. It's important for them to have conflict or each department could be overspending or underspending where necessary if they didn't hold each other accountable.

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Hula’s Heavyweights, Inc., is a company that manufactures forklifts. During the year, Hula’s purchased $1,450,000 of direct mate

ki77a [65]

Answer:

Ending Inventory = $ 270,000

Explanation:

<u>Hula’s Heavyweights, Inc.</u>

<u>Forklifts Manufacturers</u>

<u>Ending Balance In Inventory Account</u>

Hula's beginning Balance = $ 320,000

<u>Add Direct Materials Purchased = $ 1,450,000</u>

Material Available for use= $ 1770,000

<u>Less Direct Material issued for production = $ 1500,000</u>

<u>Ending Balance in Inventory Account = $ 270,000</u>

<u></u>

<u>The ending inventory of Hula's Heavyweight , Inc., is $ 270,000</u>

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3 years ago

If Carol's disposable income increases from $1,200 to $1,700 and her savings increases from $200 to $300, then: marginal propens

Zepler [3.9K]

Answer:

The Marginal Propsensity to Consume is four-fifths

Explanation:

To answer the question, an indirect approach must be used.

First, we are given data on disposable income and Savings, it is, therefore, easy to assume that we are to calculate the Propensity to Save.

The Formula for calculating the Propensity to Save is: Change in Savings /Change in Income.

MPS=ΔS/ΔY

Using the data we have:

Change in Savings: $300-$200= $100

Change in Income: $1,700-$1,200=$500

MPS= $100/$500= One-fifth
But hold on: One-fifths Marginal propensity to save is not part of the options, so we continue:

If Marginal Propensity to Save is One-Fifths, then based on a formula the Marginal Propensity to Consume is the balance of the Subtraction of One-Fifths from One:

1-1/5= 4/5.

The Marginal Propensity to Consume is therefore four-fifths.

Note:

If the data given was increase in consumption instead of savings then we would have directly calculated Marginal Propensity to Consume= Change in Consumption/Change in Income or

MPC= ΔC/ΔY

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4 years ago

How does the life stage impact the culture of the organization?

Gnesinka [82]

Do you have answer choices?

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4 years ago

What are the impacts of political environment on business?

zavuch27 [327]

Answer:

as u try to do the benefit of your representative and try to win

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3 years ago

Due to a downturn the wage of entry level workers has declined by 10 per cent, as a

lilavasa [31]

The cross elasticity of demand for senior workers is 1.5. Senior workers and entry-level workers are gross complements.

The scale effect dominates in this example.

If the wage of the entry level workers increase, the demand curve would shift to the right.

<h3>What is the crosss price elasticity?</h3>

Cross price elasticity of demand measures the responsiveness of quantity demanded of good A to changes in price of good B.

Cross price elasticity = 15% / 10 = 1.5

Complement goods are goods or resources that are used together. As a result of the decline in wages, senior workers would be laid off. This means that senior workers and entry level workers work together.

<h3>What is the effect on the demand curve if the wages of entry level workers increase?</h3>

If the wage of the entry level workers increase, the demand for senior workers wouuld increase. This would lead to a shift to the right of the demand curve for senior workers.

To learn more about cross price elasticity, please check: brainly.com/question/26054575

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3 years ago