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Delicious77 [7]
3 years ago
9

Trendown inc. has launched a plan to completely transition from a clothing retailer to a cosmetic brand by the end of the year.

it has 24 stores across the city, and the management sets a target to transition two stores by the end of each month. in this scenario, trendown inc.'s monthly target is an example of a _____.
Business
1 answer:
inn [45]3 years ago
4 0
This is an example of "proximal goal".

Proximal objectives are best characterized as here and now and are instrumental in accomplishing distal objectives in which are long haul. The proximal objectives are the giving wellsprings of extra data in regards to exhibitions that isn't uncovered with a distal objective. It is basic that proximal objectives are more sensible to achieve the fulfillment on account of the time hole in getting the objectives. For a complex task, it would not bode well to have distal objectives set up in light of the fact that it at that point would set aside a long span of opportunity to close outcomes in a snappy way.
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Equilibrium price is $8 in a perfectly competitive market. For a perfectly competitive firm, MR = MC at 150 units of output. At
Ghella [55]

Answer:

Shut down

$1650

$1500

Explanation:

A perfect competition is characterised by many buyers and sellers of homogeneous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.  

In the long run, firms earn zero economic profit.  If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.  

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.  

in the shut run, a perfect competition should shut down if average variable cost is greater than price. this is the case for this firm $10 is greater than $8.

total fixed cost = average fixed cost x quantity produced = $11 x 150 = $1650

Total variable cost = average variable cost x quantity produced = $10 x 150 = $1500

4 0
3 years ago
Craftmaples, a chain of handicraft stores, was established with the purpose of preserving traditional handicrafts. The company's
Tomtit [17]

Answer: Company mission

Explanation: The company mission refers to the objectives mentioned  in the mission statement of the organisation. It is a short statement which describes why the organisation exists and what are its goals. This statement also states the location of the organisation and other important factors like major customers.

In the given case, Craftmaples has the purpose of traditional handicrafts. Thus, all their operations and activities will move towards this one goal.

Hence from the above we can conclude that this case is an example of mission statement.

3 0
3 years ago
Suppose there are two cities that have rent controlled apartments. In one city (Albany) all apartments are subject to rent contr
PilotLPTM [1.2K]

Answer:

Which of the following is most likely to be true?

A

Explanation:

A) It will be difficult to find a rent-controlled apartment in Albany or Halftrack; rents for the Halftrack apartments not subject to controls will be higher than they would be without rent control

4 0
3 years ago
As an HR specialist at a large auto manufacturer, you have noticed that many of the technicians employed by your firm are bored
mafiozo [28]

Answer:

implementing a job rotation program.

Explanation:

An auto manufacturing plant will have a process of production that promotes division of labour an monotony at work.

One of the disadvantages of division of labour is that it creates monotony, and the workers become bored with their jobs.

However if the workers on the company create a job rotation program, monotony will be reduced.

They will be engaged on different job roles that will make their jobs more exciting. This will result in increased productivity as they are more engaged at work.

8 0
3 years ago
Read 2 more answers
Elaine takes out a $100,000 mortgage on December 1, 1997. Elaine will repay the mortgage over 20 years with level monthly paymen
Dmitrij [34]

Answer:

I prepared an amortization schedule using an excel spreadsheet. The original monthly payment was $836.44. After the 120th payment, the remaining principal balance was $68,940.64. Since she didn't pay anything for 1 year, the new principal balance will be $68,940.64 x (1 + 8%) = $74,455.89

I prepared another amortization schedule for the remaining 9 years, and the monthly payment is $969.32. She will pay off the loan in 108 months.

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8 0
3 years ago
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