Answer:
D
Explanation:
I'm sure the question was geared toward teaching you the difference between elastic and inelastic.
If your demand for a product does not change even if the price goes up, then the demand is considered to be inelastic.
However, the question posed to get this teaching point across made the answer almost impossible. A drug addict's demand can drastically change from day to day depending on how readily that person can get hold of the money needed. One day money may not be a problem so the expenditure will increase because their demand is price-inelastic. The very next day the person may not be able to find any money at all. Therefore, the expenditure will decrease because their demand is price-elastic
Answer:
26,833 units
Explanation:
Optimal production quantity is the quantity at which business incur minimum cost. This is the level of production per batch where the incur the lowest cost.
EOQ =
C = Carrying cost = 10 / 100 = $0.1 per unit
S = Setup cost = $100
D =Annual Demand = 360,000
EOQ = 
EOQ =
EOQ = 26,833 units
Answer:
Here the department manager has to alter his functional level plan in order to accommodate to the earlier release date.
Explanation:
A functional plan is very necessary in order to maintain the smooth functioning of each and every department and to make sure these departments achieve maximum performance. These plans are built specifically for certain activities within the company ( as here it would be build for the release of new SUV model ) . This plan will demonstrate when , how, and where a organizations objective will be met for each department.
Answer:
a) functional planning
Explanation:
Functional planning is a type of planning made to achieve consistent working of the company taking into account the function and of each and every department.
It is achieved by setting goals, continuously assessing the functions of every department, measuring the achieved goals (success) and projecting the future achievement of the company (foresight).
Answer:
Social Entrepreneurship
Explanation:
According to my research on different types of businesses, I can say that based on the information provided within the question Manny's Cookies is an example of Social Entrepreneurship. This term refers to a start up company that in which they develop, fund and implement different products or services for society, as well as providing solutions for society, or the environment. Which in this case the product are Manny's cookies but by donating money to charity they are helping provide solutions to many problems.
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