D) Checkabe Deposits are assets for the bank
A business aim is the overall target or goal of the business, whereas business objectives are the steps a business needs to take to meet its overall aims. A business may have several different objectives that will help it to meet its aim
Answer:
Lisette is focusing upon <u>quality aspect</u> of gaining a competitive advantage
Explanation:
Competitive advantage refers to those activities by which an enterprise gains an edge over it's competitors in the market for it's products.
There are multiple factors which lead to competitive advantage such as:
- Cost Structure
- Branding
- Quality of product offerings
- Distribution
- Intellectual Property
- Customer Service
As per the facts of the question, Lisette asked of the management to consistently produce appliances which meet customer expectations and perform as expected.
This facet relates to focus upon quality of product offerings.
When a company maintains the quality of it's products, it builds loyalty with customers who prefer it's products over rival firm's products. This is competitive advantage.
Answer:
Conduct a one-time thorough market analysis on all wireless devices so that IPT and management have a complete understanding of the intricacies related to the wireless market.
Explanation:
A market research of this nature and gravity requires a careful and in depth market analysis of the product in question. It needs to be thorough and the usually adopted 7 - step market analysis protocaloncouls be taken which involves research purpose identification and planning, well ouined objective of the research. Then we can start the design plan to be adopted, sample selection which fits tbe aim and objective of the research on kyher to produce good outputs, data collection follows and finally analysis of gathered data, refinement and the conclusion is drawn and the compilation of report for presentation to management and IPT.
Answer:
The total amount of administrative cost to the Accounting Department is $ 14,900.
Explanation:
In order to calculate the total amount of administrative cost to the Accounting Department, first we need to calculate the Utilization Ratio of the particulars, using the following formua:
Utilization Ratio=(Total amount particular/Utilised by accounting department)
Hence, the Utilization Ratio of Administration costs
=(50/280)
=0.178
the Utilization Ratio of Maintenance fee
=(12,000/36,000)=0.33
the Utilization Ratio of Utilities=(12,000/36,000)=0.33
Therefore, the total amount of administrative cost to the Accounting Department=(0.178×$50,000)+(0.33×$12,000)+(0.33×$6,000)
=$8,900+$4,000+$2,000
=$14,900