It is indeed quantity supplied and the economists define it as the amount of a good that sellers are willing to sell and are able to sell. One of the movements related to the quantity supplied syas that when there are rising prices then there are new firms into a market and add to the quantity supplied of a good. Quantity supplied can be measured with a Market supply curve or the <span>Elasticity of supply.</span>
Answer:
$64,000
Explanation:
The calculation of the cash disbursements for selling and administrative expenses on the December selling and administrative expense budget is given below;
= Variable Selling & Administrative Expenses + Fixed Seliing & Administrative Expenses - Depreciation
= 3,200 units × $3.10 + $60,800 - $6,720
= $64,000
Answer:
A. Proactive
Explanation:
A proactive change refers to a change in the organizational policies, structure, strategies or approach of a firm in advance, with respect to an emerging anticipated adverse situation.
A reactive change on the other hand means change in an approach which is forced, due to an adversity. In such a case, an organizational change is an outcome of a reaction to a given situation.
In case of a proactive change, the situation is only predicted and anticipated and yet to arise. While in case of the latter, the event has occurred forcing the management to redefine it's policies and approach.
In the given case, the tennis shoe maker company anticipates a shortage in the quantity of it's major input i.e rubber owing to diminishing rubber trees.
Here, the organization needs to address this emerging threat proactively i.e in advance and needs to find some other alternative to rubber or re- design it's shoe manufacturing process, so as to adapt better.
Answer:
C.
Explanation:
Based on the information provided within the question it can be said that the hardest product for a new salesperson to sell would be Management consulting services. This is because unlike the other products listed in the answers, this is not a physical product that they can show the value of to customers. Instead Management Consulting services requires a lot of experience in order to sell and convince the customer that the service will be of value to them.