The culture of this firm emphasises <u>Attention to Detail</u>
<u>Explanation:</u>
Attention to detail is a significant resume ability to incorporate. The capacity to control little bits of information with precision and centre is a pivotal expertise in a wide scope of employment fields.
You have that aptitude, so you gladly express extraordinary scrupulousness as one of the advantages on your resume.
Achieves careful quality and exactness when achieving an assignment through worry for every one of the territories in question. Conduct Indicators - Provides precise, reliable numbers on all desk work.
Answer:
the supply of oil is very inelastic and the demand for gasoline is inelastic over short periods of time.
Explanation:
In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.
The law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal. On the other hand, law of supply states that the higher the price of goods and services, the lower the supply.
The process involved in bringing oil to world markets can take years. Substitutes for oil-based products such as gasoline are limited. As a result, the supply of oil is very inelastic and the demand for gasoline is inelastic over short periods of time.
Too little spending in an economy often leads to: Recession
A recession is an important, widespread, and a very long downturn in any economic activity. Because recessions generally lasts for six months and more, one common rule of thumb is that two consecutive quarters of decline in a country's Gross Domestic Product will constitute a recession.
Economists which includes those at the National Bureau of Economic Research defines the recession as an economic contraction which starts at the peak of the expansion that preceded it and also ends at the low point of the ensuing downturn.
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Assessing how customers in the target market evaluate price is the <u><em>second </em></u>stage in the pricing process.
A company's pricing process is the amount it asks for its goods or services. As a result, the profitability of a business is directly related to the pricing decisions it makes. A product's pricing is determined by several variables, including its cost to produce, the intensity of competition, the state of the market, and the level of quality it offers. When determining the prices of its goods and services, a company should keep in mind the requirement to recover both the direct and indirect expenses associated with production and a reasonable profit. If the selling price of a product is below the company's operating expenses, the company will go bankrupt.
When setting prices for its wares, a company employs a variety of strategies and procedures. An efficient pricing strategy is one that maximises the surplus between the producer and the customer. A company's pricing plan should be practical, adaptable, and profitable.
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Answer:
$6,200 Increase
Explanation:
Given that,
Costs Marigold Company = $26 per unit
Fixed cost = $8
Variable cost = $18
Selling price = $38 per unit
Foreign wholesaler offers to purchase 6200 units at $21 each.
Shipping costs = $2 per unit
Effect on net income:
= Sales - Variable cost - special shipping cost
= (6,200 × $21) - (6,200 × $18) - (6,200 × $2)
= $130,200 - $111,600 - $12,400
= $6,200 Increase
