Answer:
Letter d is correct. <em>Commodity chain</em>
Explanation:
Commodity chain is a technique widely used in the globalized capitalist world. In this process organizations produce their goods in various locations, which becomes a connected link of production and distribution in a globalized market. The advantages of the commodity chain is to achieve significant cost savings from purchasing goods from other countries, as well as increased production volumes and reach of international customers that enhances an organization's global perspective.
Answer:
The "Employee salaries and wages" in the flexible budget for December is $85,200
Explanation:
To compute the employee salaries and wages in the flexible budget we have to use the formula which is given below:
= (Fixed element of employee salaries and wages) + (variable element of employee salaries and wages × number of wells service during the year)
= ($56,400) + ($900 × 32 wells)
= $56,400 + $28,800
= $85,200
Other information which is given in the question is irrelevant, thus it is not considered in the computation part.
Hence, The "Employee salaries and wages" in the flexible budget for December is $85,200
Answer:
a) Fall in men's demand = 35% ; b) Fall in women's demand = 8%
c) Price for men should be lower , price for women should be higher.
Explanation:
Elasticity of Demand denotes responsive change in demand, due to change in price. Elasticity = % change in demand / % change in price.
a) Fall in Men's demand = Elasticity x (% change in price) = 10 x 3.5 = 35%
b) Fall in Women's demand = Elasticity x % change in price = 10 x 0.8 = 8%
If elasticities for different market segments is different, monopolist (single seller) should sell at discriminated prices. The market segment having lower elasticity should be charged higher price, the market segment having higher elasticity should be charged lower price
- Men's Elasticity (3.5) > Women's Elasticity (0.8). So, same price rise would reduce more demand for men & less for women (shown in part a, b). So, the monopolist should charge higher price from women, lower price from men
Answer: The answers are "dynamic", "pace of change and complex", "number of factors that are changing", "scarce", "high" and "difficult".
Explanation: At Celgene, the environment is <u>dynamic</u> because of the<u> pace of change and complex</u> and because of the <u>number of factors that are changing</u>. Resources are <u>scarce</u>. The managers at Celgene are facing conditions of <u>high</u> uncertainty. This means that it will be <u>difficult</u> for them to make strategic decisions about the types of products the company will offer in the future.
<span>Annual
income is the total amount of income an individual earns in a year from
working, interest income, dividends, gifts, and so forth. Income money that is
received from any source, including the money one earns through labor, for
services, from the sale of goods, allowance, disability, inheritance, and
investments.</span>