Answer:
What are the potential advantages and disadvantages of communicating customer satisfaction results to one group versus another group?
Explanation:
The answer above would be the most appropriate question because Larry does not know whether to share it with the employees, with senior management, or with the whole company.
Larry should try to gauge what kind of effect in the company would produce each one of this three alternatives. For example, sharing the information only with the employees might not seat well with managers, while the sharing the information only with management may be more effective but less transparent.
Answer:
A. $10,000
Explanation:
We know that :
cost of goods sold = opening inventory + purchases - ending inventory
hence,
Ending Inventory = opening inventory + purchases - cost of goods sold
therefore,
Ending Inventory = $15,000 + $45,000 - $50,000
= $10,000
The ending inventory must equal: $10,000
Answer:
The beginning inventory was $2000.
Explanation:
First, we need to calculate the Cost of Goods sold. The cost of Goods sold is the difference between the Sales and the gross profit. Thus, the cost of goods sold is 16000 - 10000 = $6000
The value of the beginning inventory for the period can be calculated by using the Cost of Goods sold formula. The cost of goods sold is calculated as:
Cost of goods sold = Beginning inventory + Purchases - Closing Inventory
Plugging in the available figures in the formula,
6000 = Beginning Inventory + 8000 - 4000
6000 = Beginning inventory + 4000
6000 - 4000 = Beginning Inventory
Beginning Inventory = $2000
Answer:
value
Explanation:
Opportunity cost or implicit is the value of the option forgone when one alternative is chosen over other alternatives.
For example, if I leave by job where i earn $100,000 per year to study economics in college. My opportunity cost is $100,000. This is the amount i would have been earning if i didn't go to college
It is true that the administrative and political decision making procedures and intuition have been associated with high performance in unstable environment where decision must be rapidly taken.
<u>Explanation:</u>
In the cases of unstable environment in the businesses, certain decisions need to be take in a quick manner which might result in the changing in the business procedures. This has a direct effect on the stabilizing the environment of the business.
These decisions might be administrative in nature where the best alternative for the business procedure will be selected or political in nature where policies are changed to stabilize the environment.
