Answer:
B. False
Explanation:
The design of the organization through which strategy is administered is known as structure.
Alfred Chandler believed that strategy is given and therefore, even before coming up
with a structure, there is a strategy at the back of the mind.
That is exactly why, after coming up with functional structures, market strategists employ the already existing strategy.
Alfred Chandler showed how firms developed over time in three steps:
1. Acquisition of resources such as employees and raw materials and the buildup of marketing and
distribution channels
2. Establishment of functional structures to increase efficiency;
3. Adoption of growth and diversification strategy: diversification into new markets and products to
overcome limits of home market.
Answer:
The correct answer is letter "B": processing cost.
Explanation:
Processing cost is a method of costing implemented in large institutions to track the costs per unit incurred in the business. This approach is mainly used when the company produces items in mass-scale that are very similar or equal and the costs tend to be assigned in mid-term periods -typically one month.
The direct labor is a variable cost.Under absorption costing, the ending inventory for the year would be valued 199500
Explanation:
product per unit = Total cost /number of units produced
= (222384+124752+208824+461040) / 27120
= 1017000/ 27120
product per unit = $ 37.5 per car
Ending inventory = (27120- 21800) *37.5
= 5320 *37.5
Ending inventory= 199500
In a free market economy, the market, not the government, determines prices. The interaction of producers and consumers determine the price in the market.
Answer:
Explanation:
Old Price 27363
Exchange Rate 2.01
USD Value 55000
the company has committed to sale at $55000 existing price for next six months.
No currency hedge contract has been made by jaguar, in such case due to appreciation of pound the value of dollar will decrease but due to commitment by jaguar not to fluctuate the cost the total amount receivable in pounds will decrease as compared to 6 months before
USD Value 55000
Exchange Rate 2.15
Price in Pounds 25581
Decrease in pounds = 27363-25581 = 1782 loss
