Answer:
Personal performance objective
Explanation:
Management by objectives (MBO) is a strategic management model that is targeted at increasing the efficiency of an organization by clearly stating the objectives that are agreed to by both management and employees. According to the theory, having a say in goal setting and action to be carried out encourages participation and devotion among employees.
Answer:
b) 2,000
Explanation:
sales price = $30
10% from each sale = $3
the amount of rent paid as a percentage of sales = $15,000 - $9,000 = $6,000
the indifference point in units = $6,000 / 10% revenue margin = $6,000 / $3 = 2,000 units
If Bates sells less than 2,000 units, then he should prefer option 2, but if he sells more than 2,000 units, then option 1 is better for him.
the interest equals 47009 because the numbers added together
Answer:
Comparative advantage
Explanation:
This concept of economics is comparative advantage that means one country has advantage of producing same product at lower cost than other. In this question China has comparative advantage over USA,
This may be due to different reasons.
1. Population of China is greater than USA, that is why employees are willing to work on low salaries in China as compared to salaries are offered in the US.
2. China is comparatively better in manufacturing industry as of with USA.
Answer:
b. The refusal has an anti competitive effect on the market.
Explanation:
When a company that sells certain products fails to sell same to a retailer who deals in same products, such is said to have anti competitive effect on the market. The aim is to reduce competition in the market.
This type of refusal would always lead to price fixing, boycott.etc. When there is price fixing, it would lead to customers being unable to buy the product due to high price.
Products that are evenly distributed and not selective would increase competition in the market place such that customers would be able to purchase such product in any retail shop that sells the products.
