Answer: Focused cost leadership
Explanation:
Focused cost leadership could be described as targeting your market to a category of people only and not necessarily everyone. Some businesses do have a target market in mind when carrying out their production or sales. Their product isn't for everyone but this particular persons. They could design it from a normal general product but they will make it look perculiar and specific for this targeted market.
Answer:
The correct answer is D: $3500 unfavorable
Explanation:
Giving the following information:
Standard:
Direct materials standard 10 pounds per unit
Direct materials standard cost $0.75 per pound
Actual:
Material purchased cost $0.85 per pound
Direct materials purchased 40,000 pounds
Direct materials used 35,000 pounds
Finished goods produced 4,500 units
Direct material price variance= (SP-AP)*AQ
SP= standard price
AP= actual price
AQ= standard quantity
Direct material price variance= (0.75-0.85)*35000
Direct material price variance= $3500 unfavorable
Answer:
c. the estimated sample regression function explains a greater percentage of the explained variation in y
Explanation:
The above is the reason showing the direct correlation between the sample regression and the R Square value.
Answer:
c. depends on a number of factors, and can vary from one manager, location and type of employees.
Explanation:
A manager can be defined as an individual who is saddled with the responsibility of supervising and ensuring his subordinates (employees) are working effectively and efficiently with the organization's goals and objectives.
In Business management or human resource management, span of control can be defined as the number of subordinates or junior level staffs who are directly controlled by a superior (manager).
Basically, the span of control for a manager depends on a number of factors, and can vary from one manager, location and type of employees.
<em>This ultimately implies that, span of control is directly proportional to the organizational structure and any other factor around them.</em>