Answer: Resources
Explanation: The production possibility model is used by the economist to evaluate the relationship between scarcity and resources. The basic assumption while preparing a PPM is that the time frame and resources for production such as capital, land and labor are fixed.
The PPM shows the production possibilities in an economy using only two goods. One of which is shown in X axis and one in Y axis. It helps to calculate the quantity of two goods that are to be produced with limited resources, resulting in maximum output to the economy.
Answer:
Individual
Explanation:
Individual strategic plan: It is a plan created for achieving personal goal. These plan define how important is the goal to individual and what all sacrifice that each can bear to achieve that personal goal. Before developing an individual strategic plan, it is important to evaluate personal strength and weakness.
In the given case, Procter & Gamble have produced different products with unique and separate brand name as they are using Individual strategy, so that each brand should be clear with its usage and can be helful in penetrating in market.
Answer: more extensive external contacts
Explanation:
Team diversity has to do with the differences that the members of a particular team have. Such differences can be due to religion, nationality, age etc. .
It should be noted that diverse team will almost always have more extensive external contacts than a homogeneous team.
Answer:
A) attractive; timely; durable; and anchored in a product, service, or business that creates or adds value for its buyer or end user
Explanation:
A true business opportunity;
- is attractive, must have high profit expectations.
- must be durable, should last at least a few years, not only a one time event.
- must present itself at the right moment and time. Sometimes great ideas are left behind because they are too disruptive, e.g. the Nash Rambler built in 1950 was the first compact car but wasn't very successful. Japanese compact cars became successful in the 1970s.
- must be anchored in a product or service that your company can provide that satisfies consumers' needs.
The total sales-mix variance in terms of the contribution margin is $2,60,000 favorable.
The contribution margin is computed because of the promoting charge per unit, minus the variable fee per unit. Also called dollar contribution consistent with the unit, the degree shows how a particular product contributes to the overall earnings of the company.
Contribution margin, or dollar contribution consistent with the unit, is the promoting charge according to the unit minus the variable value in keeping with the unit. "Contribution" represents the part of income revenue that is not fed on with the aid of variable expenses and so contributes to the insurance of fixed expenses.
The closer a contribution margin percent, or ratio, is to a hundred%, the higher. The higher the ratio, the extra cash is available to cover the enterprise's overhead costs or fixed costs. However, it is much more likely that the contribution margin ratio is properly under 100%, and in all likelihood beneath 50%.
Learn more about contribution margin here brainly.com/question/24039258
#SPJ4
