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qwelly [4]
3 years ago
6

B. At one time, the centrally planned economy of China encouraged farmers to produce

Business
1 answer:
gladu [14]3 years ago
3 0

Answer:

At one time, the centrally planned economy of China encouraged farmers to produce  iron in their backyards, rather than have factories make iron. This proved unsuccessful,  since most of the farmers' iron was of poor quality. Why do you think this approach was  unsuccessful? How could this experiment become a success in a free market economy?

The reason why the approach whereby farmers make iron in their backyard could not work out is as a result of not being inclined in that market as they are only skilled in agriculture, also they do not understand the rhetorics of the business.

The experiment would be a success in a free market as anyone is allowed to sell such product, this gives room for competition and helps to price reduction which is good for the consumers, also it would help in improvement of such product's quality because of competition involved

Explanation:

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Which of the following would have no effect, either direct or indirect, on an organization's cash budget? None of the answers is
zalisa [80]

Outlays for professional labor, Sales revenues,Raw material purchases, Advertising expenditures all these will have either direct or indirect effect , on an organization's cash budget-So none of the answer is correct.

Explanation:

Lets try to understand the below mentioned concept:-

  • <u>Outlays for professional labor:</u> it refers to the cost that is incurred for the acquisition of a good (inventory )or service(consulting services)
  • <u>Sales Revenue:</u>It refers to the amount  business gains/realise by the sale of its product or goods and services.
  • <u>Raw Material Purchases: </u>The cost incurred by the company to acquire its raw material
  • <u>Advertising expense:</u> The expense incurred by an y business house on the advertisement of its product.

Hence it is clear from the above discussion that all these expense have a direct or indirect effect on an organizations cash budget.

So the answer is None of these

5 0
3 years ago
Where would you likely find the cheapest college textbook prices?
maw [93]
The Apex answer is: You will likely find the cheapest college textbook prices at an ONLINE BOOKSTORE

Hope this helps :)
3 0
3 years ago
Read 2 more answers
. Why can't Japan make everything better than anyone else in the world? they
mr_godi [17]

Answer:

because its not USA

Explanation:

3 0
4 years ago
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The following information is available from the records of a manufacturing company that applies factory overhead based on direct
WITCHER [35]

Answer:

The manufactured overhead was under-estimated.

Explanation:

Giving the following information:

The actual manufacturing overhead costs incurred were $515,000.

Estimated Manufacturing overhead was $500,000.

Overhead allocation is the distribution of indirect costs to produced goods. When the administration has undervalued and under-funded the amount of money needed for non-production costs, they have under-allocated overhead.

<u>Over applied manufacturing overhead:</u>

<u></u>

Applied overhead>Actual overhead

<u>Under applied manufacturing overhead:</u>

Applied overhead<Actual overhead

In this exercise:

Actual manufacturing overhead - Estimated Manufacturing overhead= 515000- 500000= 15000

The manufactured overhead was under-estimated.

8 0
3 years ago
The difference between Centralized and Decentralized system in Reverse Supply Chain was whether the recalled products initially
IgorLugansk [536]

Answer:

The given statement is "True".

Explanation:

The reverse production process refers specifically to either the receipt of products from consumers through manufacturers.

  • In something like a decentralized operations management, most returning items go to a centralized assessment and testing facilities to have been re-stocked, refreshed as well as scarred.
  • Throughout the organized production chain, returning goods pass directly to consumers for abolishing as well as reprocessing.
4 0
3 years ago
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