Answer:
The correct answer is letter "B": Systems Thinking.
Explanation:
Based on the ideas of British Scientific Manager Peter Checkland (born in 1930) in his book "<em>Systems Thinking, Systems Practice</em>" (1981), Systems Thinking is an analysis focusing on a system's parts and the way they interrelate to work among them over certain periods as a whole system. Systems Thinking is used in <em>environmental, political, educational, and medical research.
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<em>The practice aims to evaluate each component's performance so feedback can be provided to asses the component to increase productivity.</em>
Answer:
The correct word for the blank space is: automated; high value to customers.
Explanation:
Most online operations nowadays are automated which implies not having an employee behind a computer to satisfy customers' needs since they are too basic that can be all processed with the use of a server. However, the automation does not imply consumers undervalue the help obtained. Otherwise, the automation helps the process be faster which ends up representing high value for most customers.
Answer:
A. shut down as fixed costs are not being covered.
Explanation:
Break-even point is a level at which the company has no profit no loss situation. Sales Excess from Break-even makes profit and short makes loss.
Sale Price = $3 per box
Variable Cost = $2 per box
Contribution margin = $3 - $1 = $1 per box
Fixed Cost = $125,000
Break-even point = $125,000 / $1 = 125,000 boxes
Sales = 100,000 units
Short from Break-even = 125,000 - 100,000 = 25,000 boxes
Loss = $25,000 x $1 = $25,000
CCC should shut down because even fixed cost is not being covered it is short by $25,000. So this product is making loss.
Answer:
B. has no effect on total assets.
Explanation:
Both cash and accounts receivable are assets. When a sale is made on credit, the entries required are debit accounts receivable and credit revenue.
On receipt of cash, debit cash and credit accounts receivable.
Hence the collection of a $1,000 Accounts Receivable will have no effect on total assets as one asset was credited ( a reduction) while the other was debited(an increase) by the same amount.
Answer:
Option C is correct one.
Average total cost is flatter than the short-run average total cost.
Explanation:
In a long run there is no distinction between normal absolute expense and normal variable expense. The distinction between the normal expense and normal variable expense is the normal fix cost which diminishes as amount increments. Since quite a while ago run ATC can be biggest equivalent to short run normal cost bend. Therefore ATC is compliment than the short run normal all out expense.
