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erma4kov [3.2K]
3 years ago
8

Why is it important for organizations to accurately estimate the demand for a good or​ service? A. To decrease the fixed costs o

f production B. To plan​ production, marketing, and budgets C. To determine potential sales D. To determine where the upward slope on the demand curve will be E. To determine what to charge
Business
1 answer:
Yuki888 [10]3 years ago
4 0

Answer:

B. To plan​ production, marketing, and budgets

Explanation:

A company needs to know accurately the demand for a good or service because it has to determine what kind of customer it is and plan the marketing accordingly. Additionally, that information will be valuable in planning plan its production volume. And afterward, with that information in hands, knowing fixed and varied costs, marketing costs and others, plan the budget accordingly. Pricing, fixed costs, demand slope, and potential sales will be determined by other factors that can include but are not limited to demand estimation.  

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In antonio accepts the offer of the canadian grocery to sell his american-made pasta in canada, he will be:
Murljashka [212]

The process that Antonio is engaging to as he accepts the offer of Canadian grocery of having to sell his American-made pasta in Canada is exporting. This is a means of having to send out the services or goods to another country.


7 0
4 years ago
Ormand Company uses variable costing for internal decision-making purposes and has the following information for June: Sales $90
Slav-nsk [51]

Answer:

The manufacturing margin is $460000

Explanation:

Margin is the difference between a company revenue (sales) and the cost of manufacturing. Manufacturing margin is the profit a manufacturer gets from sales of goods or services. Fixed manufacturing costs, variable selling and administrative expenses and Fixed selling and administrative expenses are not used when calculating the manufacturing margin.

Manufacturing margin = Sales - Variable costs of goods sold = $900000 - $440000 = $460000

The manufacturing margin is $460000

3 0
4 years ago
A financial institution has entered into an interest rate swap with company X. Under the terms of the swap, it receives 10% per
sergij07 [2.7K]

Answer:

The loss of the financial institution is $413,000

Explanation:

Let's say that after 3 years the financial institution will receive:

0.5 * 10% of $10million

= 0.5 * 0.1 * 10000000

= $500,000

Then, they will pay 0.5 * 9% of $10M

= 0.5 * 0.09 * 10000000

= $450,000

Therefore, their immediate loss would be $500000 - $450000

= $50000.

Let's assume that forward rates are realized to value the rest of the swap.

The forward rates = 8% per annum.

Therefore, the remaining cash flows are assumed that floating payment is

0.5*0.08*10000000 =

$400,000

Received net payment would be:

500,000-400,000= $100,000. The total cost of default is therefore the cost of foregoing the following cash flows:

Year 3=$50,000

Year 3.5=$100,000

Year 4 = $100,000

Year 4.5= $100,000

Year 5 = $100,000

Discounting these cash flows to year 3 at 4% per six months, the cost of default would be $413,000

4 0
3 years ago
Seth's Computer Repair has maintained a competitive advantage based on its thorough and professional service, reasonable pricing
Whitepunk [10]

Answer:

The correct answer is letter "B": core rigidity.

Explanation:

A competitive advantage is an advantage that a company has over its competitors. It could be a <em>comparative advantage</em> if the company had a lower opportunity cost in its production process or a <em>differential advantage</em> if the product produced by the company has a unique feature.

<em>The big failure of Seth's Computer Repair depends on not listening to its internal consumers: their workers. Employers may provide useful input to businesses that could influence the direction of the operations. For that reason, Seth's lost part of its customers when a new competitor entered the market because they kept implementing the same </em><u><em>rigid</em></u><em>, outdated approach that had worked before.</em>

3 0
3 years ago
Your cell phone plan costs ​$34.99 per month plus ​$0.14 for each text message you send or receive. You have at most ​$38 to spe
amm1812
21.5, so maximum 21 text messages
4 0
3 years ago
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