Answer:
b. a market penetration strategy
Explanation:
Market penetration means that it offered a greater products range at the lower price in order to outplayed the competitors and the customers for purchasing the product from the new company
Since in the given situation, it is mentioned that the free delivery is to be provided when purchase is more than $49.97 also the wider range is available
So the option b is correct
Answer:
a. $392, 265
Explanation:
Given that:
i. Purchasing department, overhead allocation rate is $77 per purchase order.
ii. Assembly department, overhead allocation rate is $5 per part.
iii. Packaging department, overhead allocation rate is $4 per unit.
iv. Direct material cost is $70 per unit.
v. Each stereo has 50 parts.
Total parts required = 1200 x 50
= 60000
vi. 45 purchase order was required for 1200 stereos.
Thus:
i. $77 x 45 = $3465
ii. $5 x 60000 = $300000
iii. $4 x 1200 = $4800
iv. $70 x 1200 = $84000
Therefore,
total cost for 1200 stereos = $3465 + $300000 + $4800 + $84000
= $392, 265
Answer:
The answer is: Equity at the end of the year will be $123,000
Explanation:
At the beginning of the year the balance sheet was as following:
assets $195,000 liabilities $75,000
equity $ 120,000
Then during the year the income statement is:
- total revenues $226,000
- <u>total expenses $175,000 </u>
- net income $ 51,000 (this increases assets and equity)
If the owners withdrew $48,000, then cash and equity will decrease.
The ending balance for the year:
assets $195,000 + $51,000 liabilities $75,000
-$48,000 = equity $120,000 + $51,000 - $48,000 =
$198,000 $123,000
Answer:
Corporate Strategy
Corporate strategy for a diversified or multi-business enterprise:
"concerns strategy initiatives to establish business positions in different industries, whether to hold or divest from existing businesses, strategic actions to boost the combined performance of the set of businesses the company has diversified into, and how to capture cross-business synergies, and then turn them into a competitive advantage."
Explanation:
Corporate strategy is concerned with market growth, stability, and organizational renewal. The purpose of corporate strategy is to achieve greater profitability, higher market share, and sustainable growth in revenue through product and market diversification. A corporate organization, in trying to grow, engages in business restructuring, establishing strategic partnerships, and achieving organizational excellence. These activities emanate from corporate strategic planning.
Answer: INCREASE; DECREASE
Explanation:An unexpected increase in the price of goods and services will cause a temporary output and employment,this is so because producers will respond to the rise in price by increasing the amount of goods and services supplied to the market,this will lead to a rise in employment.
An unexpected decrease in price level will lead to a decrease in the output by producers and employment will drop accordingly. This tries to show how price determines change in supply and employment.
