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2 years ago

Which of the following statements is TRUE?

Business

1 answer:

shusha [124]2 years ago

5 0

Strategic partnerships are seen as one of the foundations of supply chain management.

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If a 10% decrease in the price of one product that you buy causes an 8% increase in quantity demanded of that product, will anot

Bad White [126]

Answer:

Explanation:

to determine if another 10% decrease in the price cause another 8% increase (no more and no less) in quantity demanded, we have to determine the price elasticity of demand.

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price

8% / 10% = 0.8

demand in inelastic so a 10% reduction in price would lead to a less than 8% change in quantity demanded

Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one

8 0

3 years ago

A charge nurse is delegating a task. The nurse understands which of the following represents effective delegation? Select all th

AlekseyPX

The nurse represents that effective delegation include:

Delineating the desired outcomes of the delegation.
Asking the nurse if they are capable of completing the delegated task.
Monitoring how the delegated task is being accomplished.

<h3>How to illustrate the information?</h3>

Effective delegation means planning ahead when identifying tasks to be accomplished. Assess the situation, and clearly delineate the desired outcomes.

Monitoring how the task is being accomplished is considered effective delegating.

Learn more about delegation on:

brainly.com/question/10708236

#SPJ1

7 0

1 year ago

Jamesway Corporation has two separate divisions that operate as profit centers. The following information is available for the m

Nookie1986 [14]

Answer:

White Division Gross Profit = $72,200

Grey Division Gross Profit = $247,700

Explanation:

White Division Grey division

Sales (net) $270,000 $540,000

Less: Cost of goods sold $135,000 $202,500

Gross Margin $135,000 $337,500

Less: Salary Expenses $37,800 $64,800

Rent $25,000 $25,000

Gross Profit $72,200 $247,700

The White Division occupies 25,000 square feet in the plant. The Grey Division occupies 25,000 square feet. Hence, the rent expenses will be shared equally. Rent = $50,000 hence, both division will pay $25,000 each for rent

7 0

2 years ago

The following information is known for a buyer of cosmetics: Planned sales for the month $42,000 Planned EOM stock $60,000 Plann

stich3 [128]

Answer:

$25,200

Explanation:

Given that,

Planned sales for the month = $42,000

Planned EOM stock = $60,000

Planned reductions = $4,800

BOM inventory = $72,000

Merchandise commitments for delivery = $9,600

open-to-buy at retail:

= Planned sales for the month + Planned End of Month Inventory - BOM inventory - Planned reductions

= $42,000 + $60,000 - $72,000 - $4,800

= $25,200

4 0

2 years ago

A company has two departments, Y and Z that incur delivery expenses. An analysis of the total delivery expense of $14,000 indica

Aneli [31]

Answer:

Dept Y = $7750

Dept Z = $6250

Explanation:

To allocate the cost the cost , the first step is to deduct the indirect expenses related to Y

The allocate the balance in the ratio of 50:50 to Y and Z

Total delivery expenses - $14,000

Dept Y = 1500 +( 12500*50%)

1500+6250 =7750

Dept Z = 6250

4 0

3 years ago