Answer:
Suppose a manager at the Post-it Brand has recently become aware that employees are taking office supplies home and taking longer coffee and lunch breaks than the personnel policy allows. The manager finds these are widespread practices and wants to solve the problem. The best way to do this would be to:
Send a memo for a meeting after which the rules and regulations would be read to every staff members. After then, penalty for every offense would be read to everyone as well and none-compliance would lead to sanction or dismiss. This would allow all staff members to be aware of both penalties and offense not to be committed.
Explanation:
Costs vs. Benefits is the economic principle that people are motivated by something to take a particular course of action. Hence, option A is correct.
<h3>What is
Breakeven analysis?</h3>
A financial accounting method or technique called breakeven analysis is used to calculate the number of units a business needs to sell at a given price in order to cover all of its costs.
It is a notion that enables entrepreneurs or financial professionals to figure out and know what they must sell either monthly or annually in order to be able to meet the costs of operating the firm.
Thus, option A is correct.
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Answer:
The Big Bart product line should be retained
Explanation:
Continue Eliminate Net Income
Sales $201,000 $0 -$201,000
Variable costs <u>$175,000</u> <u>$0</u> <u>$175,000</u>
Contribution margin $26,000 $0 -$26,000
Fixed costs <u>$29,800</u> <u>$19,700</u> <u>$10,100</u>
Net Income / (Loss) <u>-$3,800 </u> <u>-$19,700</u> <u>-$15,900</u>
<u>Conclusion</u>; The Big Bart product line should be retained, not eliminated because the Net loss of been eliminated is very negative than to be retained.
Anything that an organization offers to satisfy consumer needs and wants, goods, and services are Products.
Consumer needs drive a person to seek out and pay for a good or service that meets their wants. The necessity is what motivates the purchase decision. Sales will increase when a company becomes more adept at identifying these demands and providing goods and services that address them.
The physiological need for survival as well as sentiments of security, belonging, esteem, and self-actualization are examples of consumer needs. When choosing a product or service, consumers should consider pricing, functionality, convenience, correct information, transparency, easy communication, and other aspects. An entrepreneur or small business must take into account four primary customer needs. These include cost, the standard of living, selection, and ease.
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The determinant of demand is the Number of buyers. The number of buyers is one of five request determinants that move the request bend when they change. The other four are purchasers' salary, purchasers' inclinations, different costs, and purchasers' desires. The quantity of purchasers willing and ready to purchase a decent influences the general request.
