Answer:
a. Americans, Spanish
Explanation:
<u>Particulars Wine Olive Oil Opportunity Opportunity cost of Olive oil</u>
<u> cost of Wine</u>
Spaniards 10 8 0.8 1.25
Americans 9 6 0.67 1.5
From the above table, the first option is correct
Answer:
The correct answer that fills the gap is: d. tactical.
Explanation:
Tactical planning takes a strategic plan of the company and establishes certain measures and short-term plans, usually by department of the company or function. The horizon of tactical planning is shorter than the horizon of the strategic plan. If the strategic plan is five years, the tactical plans can be for a period of one to three years, or even less, depending on what type of market the company serves and the pace of change.
An example would be: Let's assume for a moment that your company sells insurance products in a large metropolitan area. The tactical marketing plan for your insurance company must describe, step by step, each marketing component necessary to achieve the objectives and vision of the company's strategic plan. For example, if you decide that one of the best ways to reach your target consumer is television advertising, then the tactical plan has to carefully spell out the details of the television campaign. The steps in the development of this plan include, but are not limited to, deciding on an appropriate message for the organization of the production of the commercial, deciding which channels to air the commercial and when, and the follow-up of potential customers that respond to the Bell.
Answer:
Fillmore Industries
Fillmore's Systems Division
1. Minimum and Maximum Transfer Prices:
PCB Transistor
Minimum transfer
price $12.00 $3.45
Maximum transfer
price $12.09 $3.58
2. Yes. The Transistor Division can meet this price. It can sell at $2.60 (Variable cost plus markup) by eliminating the fixed cost, which is not a relevant cost.
3. A transfer price of $11 reduces the profitability of the Transistor Division while it increases the profitability of the other division. The transfer price should be a market-competitively determined price to encourage efficiency in the divisions.
Explanation:
a) Data and Calculations:
PCB Transistor
Direct materials 1,85 0,40
Direct labor 4,20 0,90
Variable overhead 2,40 0,70
Fixed overhead 0,85 0,75
Total Cost 9,30 2,75
Marked up Price $12.09 $3.58
Minimum transfer
price $12.00 $3.45
Maximum transfer
price $12.09 $3.58
Market price $12.00 $3.45
Answer:
d. Individual consumers, concerned about their own health, decreased their demand for beef, which lowered the equilibrium price of beef, making it less attractive to produce.
Explanation:
One of the factors that affect change in demand is change in consumer preference. The health concern of beef will affect bring about this change in consumer preference and consequently results in less demand for beef. When there is less demand for beef, the price will go down. And as the price goes down, producers will have less incentive to supply more. This behavior is in consonance with law of supply that says the lower the price, the lower the quantity supplied, all things being equal.
<span>This is known as a technological substitution. Simply put this means that consumers prefer one product over another. In this case, the innovation of flat paneled lightweight crisper monitors were obviously more preferred to the bulky, heavy and not as clear monitors of the past.</span>