Answer: Option (C) is correct.
Explanation:
Economics of scale is defined as the cost advantages that a country is achieving by increasing their production and lowers their per unit cost.
This is due to the spread of costs over a large number of products which results in lower per unit cost.
Most of the large companies able to produce more by distributing their cost over a large number of goods.
Specialization also give rise to lower per unit cost because specialization of factors of production boosts the production volume of a company and lower per unit cost of production also results from the bulk orders received from the customers, means trade increases.
If a company's scope is too big then the company will lose its direction and focus.
Answer:
1. B
2. E
Explanation:
1. Consumer or buyers use the extended decision making as it is that decision making which involves high level of the purchase involvement, extensive internal and the extensive information search with complex evaluation of the alternatives. In case of automobiles, buyers will choose the extended decision making as it is expensive, infrequently purchased products.
2. As there is involvement of high risk of financial loss in the future purchasing power, for people or consumer, the automobiles have the situational involvement, it is the short term state which directs towards the attaching relevance of a situation or person. In other words, it is an state where, it establish a level of involvement when a consumer or person think of a specific situation or object.
It has to be C most likely I just think it is because it shows how the progress is rising
Answer: $1,031 million
Explanation:
Given that,
Retained earnings(2010) = $14,329 million
Retained earnings(2009) = $13,157 million
Net income(2010) = $2,203 million
Amount of dividends = Retained earnings(2009) + Net income(2010) - Retained earnings(2010)
= $13,157 million + $2,203 million - $14,329 million
= $1,031 million
Therefore, amount of dividends did Colgate-Palmolive pay to its shareholders in 2010 is $1,031 million.
