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Ronch [10]
3 years ago
9

If Raphael's boss is interested in a graphical representation of the relationship between the price and quantity of televisions

demanded, you would advise your coworker to construct
a) a demand curve
b) a demand schedule
c) the law of demand
using the data provided. However, if Rina's boss is more interested in the detailed numbers used to construct this visual representation, you would instead advise your coworker that
a) a demand curve
b) a demand schedule
c) the law of demand
would be more appropriate.
Business
1 answer:
11111nata11111 [884]3 years ago
4 0

Answer:

1.  a demand curve

2.  a demand schedule

Explanation:

A demand curve is a graphical presentation indicating the connection between the price of a product, for example Television, and the quantity demanded for that product at a specific price.

On the other hand, a demand schedule is a table presentation of detailed data or numbers of the price-quantity demanded relationship for a product.

Hence, the right answer are:

1. a demand curve

2. a demand schedule

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Describe the implications of a successful supply chain management strategy to a business in today's competitive global economy.
Arlecino [84]

Answer:

There are some ramifications of a effective supply chains strategy approach for a company in today's dynamic world economy :-

1. Alignment of Supply Chain responsibilities:

The supply chain has too many layers of chains in service, and it is necessary to have a policy of distributing duties and responsibilities at all layers to minimize the sluggish cycle of working conditions.

2. Use of Technology:

The best technologies will improve supply chain processes and optimize production. You need to upgrade yourself with the latest software that is perfect and helpful for your company. One of the key benefits of effective discharge systems is the exposure of any piece somewhere in the global supply chain.

3. Alignment of Supply Chain responsibilities:

The supply chain has too many layers of chains in service, and it is necessary to have a policy of distributing duties at all layers to minimize the sluggish cycle of working conditions.

4 0
3 years ago
In August, one of the processing departments at Tsuzuki Corporation had beginning work in process inventory of $24,000 and endin
alexandr1967 [171]

Answer:

total cost to be accounted = $294,000

Explanation:

Work in Process

Beginning value of WIP = $24,000

Ending value of WIP = $13,000

Cost added to production = $283,000

Cost to be accounted for = Beginning value of WIP + Cost added to production - Ending value of WIP

Cost to be accounted for = $24,000 + $283,000 - $13,000 = $294,000

5 0
3 years ago
The VALS framework
Scrat [10]

Answer:

The VALS framework examines the intersection of psychology, demographics, and lifestyles.

Explanation:

The VALS system (Values ​​and Lifestyles), arose from the need to explain the changes that American society presented in the 1960s. This classification, developed by the Stanford Research Institute, is based on the concept that people throughout their lives go through different stages, and each stage affects their attitudes, behavior and psychological needs. This system, related to purchasing behavior, establishes in general terms that people are grouped into three basic consumer orientations:

-Principle-oriented consumers. They buy taking into account "how the world should be".

-Consumers oriented by status; They base their purchases on the opinions and attitudes of other people.

-Action oriented consumers; These consumers base their purchase decisions on the activity, variety and risk.

In turn, each of these groups acquires other dimensions based on the level of income, health, education and self-confidence.

8 0
3 years ago
Canyon Buff Corp. is considering the purchase of a new piece of equipment which would cost $11,000. This equipment will have a f
Furkat [3]

Answer:

Tax shield on depreciation = 600

Explanation:

given data

new piece of equipment = $11,000

salvage value = $1,000

marginal tax rate = 30%

average tax rate = 20%

time period = 5 year

to find out

net effect of annual depreciation on the free cash flow

solution

we know here cost of asset and  Salvage value so we get depreciation cost  

depreciation cost is = 11000 - 1000 = 10000  

and

annual depreciation = 2000  

so that Tax shield on depreciation will be

Tax shield on depreciation = 2000 × 30%

Tax shield on depreciation = 600

5 0
4 years ago
Giant Company has three products, A, B, and C. The following information is available:
myrzilka [38]

Answer:

$24,000

Explanation:

                             Product A      Product B     Product C

sales                        70,000            97000

Variable  cost           37000            51000

Contribution margin 33000            46000

Avoidable cost          10,000           20000

Unavoidable cost       7000             12000         9400

Operating income      16000            14000

Total operating income if product C is dropped is (16000+14000 +3400-9400)

=$24000

Please note that Giant company with still incur the unavoidable cost even if the product is dropped. This is assumed to be a portion of the fixed overhead expenses allocated to the product in the course of normal operation.However , the loss made of 3400 will be avoided as well

7 0
3 years ago
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