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Veseljchak [2.6K]
3 years ago
5

One major role of firms is to manage risk. Consumers do not want to pay for products of unknown quality or where the delivery da

te is questionable. Managers also worry about unexpected changes in supplies or markets. Strategic management seeks to adapt to and benefit from change. For strategists, this ________ is both a challenge and an opportunity.
Business
1 answer:
Sav [38]3 years ago
6 0

Answer:

Uncertainty.

Explanation:

Uncertainty is defined as a state of decision making in which the nature of things are unknown, the extent and magnitude of circumstances are unpredictable and reasonable probabilities cannot be used to determine outcomes.

Uncertainty is a challenge when there is too much uncertainty and business cannot determine outcomes.

However manageable uncertainty can help a business come up with creative decisions that will benefit the business.

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What is a consumer product?
Zepler [3.9K]

Answer:

sorry po talaga need po points

4 0
2 years ago
Read 2 more answers
The total factory overhead for Martin Company is budgeted for the year at $375,000. Martin manufactures two garden products: a l
meriva

Calculation of total number of budgeted direct labor hours for the year:


It is given that Martin manufactures two garden products. These products each require four direct labor hours (dlh) to manufacture. Each product is budgeted for 2,500 units of production for the year.

Hence, the total number of budgeted direct labor hours for the year shall be = 2 Products *2500 units * 4 dlh = 20,000 dlh.



4 0
3 years ago
TopChop sells hairstyling franchises. TopChop receives $56,000 from a new franchisee for providing initial training, equipment a
valentina_108 [34]

Answer:

$73,500  is the revenue TopChop will recognize for the arrangement with Carlos.

Explanation:

Revenue is calculated as follows.

= amount received + Use of name

= $56,000 + $35,000 × (1÷2)

= $73,500

New franchise fee can be immediately recognised as income.

5 0
3 years ago
On July 1, Robles Metal Products had a beginning inventory of $505,700. During the quarter, goods costing $290,900 were manufact
irga5000 [103]

Answer:

Instructions are below.

Explanation:

Giving the following information:

beginning inventory= $505,700

Cost of goods manufactured= $290,900

Ending inventory= $485,300

Net sales= $759,200.

To calculate the cost of goods sold, we need to use the following formula:

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS= 505,700 + 290,900 - 485,300

COGS= $311,300

Now, we can determine the gross profit:

Gross profit= net sales - COGS

Gross profit= 759,200 - 311,300

Gross profit= 447,900

7 0
3 years ago
Regarding the statute of limitations on additional assessments of tax by the IRS, select the applicable date in each of the foll
-Dominant- [34]

Answer:

A) The income tax return for 2018 was filed on March 3, 2019. The three-year statute of limitations will begin to run on:

  • April 16, 2019 (the next day after the tax deadline)

B) The income tax return for 2018 was filed on August 13, 2019. The statute of limitations will begin to run on:

  • August 13, 2019 (the same day the taxes were filed)

C) The income tax return for 2018 was prepared on March 31, 2019, but was never filed. Through some misunderstanding between the preparer and the taxpayer, each expected the other to file the return. The statute of limitations:

  • If the taxes were not filed, then the statute of limitations cannot begin to run.

D) The income tax return for 2018 was never filed because the taxpayer thought no additional tax was due. The statute of limitations:

  • If the taxes were not filed, then the statute of limitations cannot begin to run.

3 0
3 years ago
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