Based on findings suggested by David Allen in his book titled "Getting things done, " one of the benefits of a next actions list is that it "provides clarity, peace of mind, and focus."
- When you have a Next action list available, it implies that you know what to do next as you finish one task.
- This is also based on the idea that finding what to do next coupled with how to do it can lead to mental stress.
Hence, in this case, it is concluded that one of the benefits of a next actions list is that it "provides clarity, peace of mind, and focus."
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Answer:
Contribution Margin is $200,925.
Explanation:
Contribution margin is calculated by taking Sales Revenue and deducting all the Variables costs from it. In this case, we have two costs that are variable: $.95 of Manufacturing Cost and 5% of Commission that is Paid to Sales Staff.
<u>Workings</u>
Sales (4 * 70,500) $282,000
Cost (.95 * 70,500) (66,975)
Sales Commission (.05 * 282,000) (14,100)
Contribution Margin $200,925
Answer:
C) An incremental innovation.
Explanation:
It is an incremental innovation because it's improving an existing product in some way. It would be a novel innovation if the product developed had been fully new and different from its predecessors.
1. Starting a zoo has a high entry cost.
2. Value chain.
3. Other firm can neutralize the advantage by cutting prices to the same level.
4. Using only trees and grasses that are naturally pest resistant.
5. Calculate inputs and outputs.
6. Competitive strategy.
7. Rivalry.
8. Porter's five forces model.
9. Strawberry growers following an unexpected frost.
10. Purchasing books from a publishing house.
Answer:
$241,715.88
Explanation:
Loan amount = $242,000
1st Installment = $1,317.66
1st installment is divided into principal repayment + interest
= 1st installment = principal repayment + interest
= 1,317.66 = P.repaid + 1,033.54
Principal repaid = 1,317.66 - 1,033.54 = 284.12.
Therefore, outstanding principal = loan amount - P.repaid
= 242,000 - 284.12
= $241,715.88