Answer:
The company's net operating income is b. $4,700
Explanation:
The contribution margin ratio is calculated by using following formula:
Contribution margin ratio = (Sales - Total Variable cost)/Sales
Total Variable cost = Sales x (1 - Contribution margin ratio)
Maack Corporation's contribution margin ratio is 18% and the company's sales for a month are $315,000.
Total Variable cost = $315,000 x (1 - 18%) = $258,300
The company's net operating income = Sales - Total Variable cost - Fixed expenses = $315,000 - $258,300 - $52,000 = $4,700
Answer:
I'maGoldMiner has benefited from a record rise in gold prices in the global commodities market. While the price of its output is highly influenced by market speculation, if it wants to increase production to take advantage of the current profit-maximizing opportunity, the company must accept market price for its physical capital input.
Explanation:
Actually, the market of gold is very speculative and in general a "gold mines" has to accept market prices because they can't influence in them as in the case of I'maGoldMiner because it represents a small part of the market.
Answer: Workload
Explanation:
The workload approach is one of the type of method that set the size of the sales force and also helps to reduce the complexity.
- It higher the volume of the products for establish the practice between the customers and manufacturing the products.
- The workload approach mainly focus on the various types of management issue such as marketing communication, market sharing goals and the pricing and the investment.
Therefore, Workload approach is the correct answer.
Answer:
Recruitment, selection ,employment
Explanation:
The staffing system components model occur in this stage that is <em>Recruitment, Selection, Employment </em>, after the initial interaction between the applicant and the organization .
<em>Staffing refers to filling the empty space or finding the appropriate person for the empty space or job.</em>
<u>The staffing function has three elements which are mentioned below-</u>
1. Recruitment
2. Selection
3. Training
<u>The stages of staffing function are -</u>
1. Estimating man power requirement
2. Recruitment
3. Selection
4. Placement and orientation
5. Training and development
6. Performance Appraisal
7. Promotion and career development
8. Compensation
Answer:
A. economies of scale.
Explanation:
The economies of scale is the scale where the company has the advantage of the cost that reaped by the organization in the case when there is an efficient production. It could be accomplished when the level of production or the volume of the production rises by lowering the cost
Therefore as per the given situation, the option A is correct as it fits to the current situation
Hence, the correct option is A.
