<h2><em>Ten ways to keep ahead of the competition</em></h2>
<em>Know the competition. Find out who your competitors are, what they are offering, and what their strengths and weaknesses are. ...</em>
<em>Know your customers. ...</em>
<em>Differentiate. ...</em>
<em>Step up your marketing. ...</em>
<em>Update your image. ...</em>
<em>Look after your existing customers. ...</em>
<em>Target new markets. ...</em>
<em>Expand your offer.</em>
Answer:
He hires 8 workers
Explanation:
The total cost is $1600 for 5,000 chickens minus the fixed cost of $800, which equals $800. The total cost is total of fixed cost and variable cost as in absence of production the total variable cost is zero so from this we can conclude that total fixed cost is zero.
Then divide the total variable cost ($800) buy what Ralph pays his workers ($100), which comes to 8.
Answer:
Roland works as a researcher for his manufacturing firm. He has conducted primary research to collect relevant market research data that will help his firm. He decided to use mathematical and statistical tools to analyze the data because the data is in nature.
Roland is about to analyze primary market research data.
Explanation:
Primary data are always in a state of nature. Primary data are collected by Roland before analysis are from first-hand or primary sources. For Roland to acquire the data, he must use primary research methods like surveys, interviews, or experiments. Because primary data are acquired with the research project in mind and directly from primary sources, they are contrasted with secondary data. Secondary data were acquired by some other researchers and used in their analyses before being collected by another researcher as a basis for research continuation.
Answer: 94 DAYS
Explanation: The average time it takes for the business to complete the whole process of making initial cash outflow to produce goods and receiving cash from customers by selling those goods produced is called operating cycle of that business.
formula = number of days of inventory + number of days in accounts receivable
therefore,
operating cycle = 61 days + 33 days = 94 days
The puppy mill that was shut down is not an example of scarcity. Scarcity means "lacking" whether of time, money, or resources. The puppy mill doesn't create scarcity, in fact it created a surplus of dogs available for adoption. So the answer is B.
