The answer to the question above is Re-sellers. not to mention the question above stating that a firm sells goods that is purchased for a re-sale automatically refers to the Re-sellers. The Re-sellers can be a retailer that sells to the end users or sells to other business firms like the whole seller. basically the term Re-seller is a firm that who buys product lesser in the market and sells it with added value.
Answer:
The options in the question are not well aligned,find below question with properly aligned options:
A subsistence economy is one that ________.
a. meets its needs without working for wages and purchasing necessities
b. meets its needs by overfishing lakes and rivers
c. purchases resources for immediate use
d. meets is needs while causing ecosystem destruction
e. purchases goods and services from others
Hence the correct option is A,meets its needs without working for wages and purchasing necessities
Explanation:
In a subsistence economy,every household provides for its own basic needs,without any need for specialization that leads to exchange.
Specialization is act of engaging in what one knows how to do best, that way efficiency and effectiveness are guaranteed, as every output would have been given a professional touch.
Exchange is the process by which individuals buys their needs from others using money earned from their own specialty as a medium of exchange
Answer:
a. Cost Leadership
Explanation:
Porter five forces of the model refers to the rivalry among competitors, bargaining power of suppliers, bargaining power of buyers, the threat of new entrants, the threat of substitution.
The competition between rivals deals with the competitors ' strengths and weaknesses so that the business does the planning appropriately.
The supplier's bargaining power indicated that the shift in the price of the product caused by the supplier's offer and the consumer is motivated to the product as the product is special which affects the overall profit
The buyer's bargaining power relates with the number of buyers and how many orders a single buyer places.
The threat of new entrants will affect the company's total position if the competitor comes on the market.
The threat of substitution is an alternate way of producing the goods and services that can also weaken your position and have a direct impact on profitability.
Answer:
The total cost per unit using the weighted average method would be:
$15,97
Explanation:
Materials Conversion Costs
Begining $ 14,000 $ 8,000
APRIL $ 72,000 $ 80,000
TOTAL $ 86,000 $ 88,000
Units 8,000 8,000
100% 50%
WIP 4,000 2,000
TOTAL 12,000 10,000
USD/Unit 7,17 8,80 $15,97
Answer:
B. flextime plan.
Explanation:
A flextime plan is a schedule that allows employees to decide their start and finish hour which is what it is said in the case as Dee give her employees the option to choose when to begin and end their days. Also, this plan requires employees to always be at work at certain hours as it is indicated. This means that it is mandatory for employees to be at their job in certain times but out of that they can choose their schedule.
