Answer:
The correct answer is option a.
Explanation:
Pizzas and burgers are substitutes. This implies that they are used in place of each other. If the price of pizza increases, its quantity demanded will decrease. This will be indicated by an upward movement to the left on the same demand curve.
The consumers will prefer a cheaper substitute, as a result, the demand for burgers will increase. This will be indicated by a rightward shift in the demand curve for burgers.
Answer:
d. "Shoot the messenger" management exists, implying a lack of control
Explanation:
The approach of "shoot the messenger" implies that the management of a company tend to blame the bearer of bad news as if they are responsible for the bad occurrence.
This approach causes tension and lack of communication in the workplace as employees are afraid of communicating when something bad happens.
Management is supposed to look objectively at the situation, identify the party that is responsible for the failure, and work towards rectifying it.
This is the situation in the scenario where Matilda received an e-mail from an angry client about a certain product and she hesitated to report it to her manager because she knew that he had a tendency to unfairly blame people for things
Answer:
Explanation:
In the income statement, the total revenues and the total expenses are recorded.
If the total revenues are more than the total expenditure then the company earns net income
And, If the total revenues are less than the total expenditure then the company have a net loss
This net income or net loss would reflect in the statement of the retained earning account.
The preparation of the income statement is presented in the spreadsheet. Kindly find the attachment below:
Answer:
$64
Explanation:
The minimum acceptable transfer price for the sensors from the standpoint of the Sensor Division is a price that would be the best for the performance evaluation of the <u>Sensor Division Manager </u>and also <u>best for the company</u>.
If the division is transferring items to another division the goals remain the same and the price is calculated as :
Minimum acceptable transfer price = variable costs - internal savings + opportunity cost
Therefore,
Minimum acceptable transfer price = $20 + ( $64 - $20)
= $64
Therefore, the minimum acceptable transfer price for the sensors from the standpoint of the Sensor Division is $64 assuming that there is an opportunity cost of $44 that is ($64 - $20).
Answer:
d. Some or all of their manufacturing or service operations abroad.
Explanation:
Having global operations means that an organization provides its products or services to customers in all over the world. Global operations are not characterized by manufacturing or service only. A bank that provides services both loacally and in foreign countries or a clothing brand with presence in multiple countries could be some examples of global operations. Therefore, global operations may have some or all of their manufacturing or service operations abroad.
