The following data apply to the provision of psychological testing services: Sales price per unit (1 unit = 1 test plus feedback
to client) $ 320 Fixed costs (per month): Selling and administration 22,000 Production overhead (e.g., rent of testing facilities) 15,000 Variable costs (per test): Labor for oversight and feedback 160 Outsourced test analysis 21 Materials used in testing 6 Production overhead 8 Selling and administration (e.g., scheduling and billing) 10 Number of tests per month 2,000 tests Required: Calculate the amount for each of the following (one unit = one test) if the number of tests is 2,000 per month. Also calculate if the number of tests decreases to 1,250 per month. (Do not round intermediate calculations. Round your final answers to the nearest whole dollar.)
These elements are definable risk, a fortuitous event, an insurable interest, risk shifting and risk distribution. in addition, there is a very important legal difference between a reserve and an insurance company.
b."just enough to meet the desires of the target market," anything else is waste.
Explanation: A Distribution Network is an interconnected Distribution centres or channels which are used for the transfer of materials from one point to another,a Distribution centre links up smaller retailers, wholesalers,customers etc
The intensity of a Distribution network or process should be made in such a way as to be enough to meet the desires and needs of the customers, there will not be any need to make more Distribution centres Available,as it will amount to waste of Resources.
Dynamic function of management speaks to the ever changing business environment such as customers expectation, business regulation,competition, suppliers, creditors etc.
It is expected of business management to change goals inorder to align with the need of the environment. Changing goals means making adjustments to decisions based on the changing business environment for survival purposes.
For instance, if a particular product is banned in a country where it is sold, management of an organization producing such product must discontinue the product and look for another line of production so that they can remain relevant in business.
Disruptive forces can be described as those that bring about organizational and marketing change due to disruptive innovation, which causes significant changes in marketing standards and technologies, creating a discontinuity of previous technologies and actively impacting the way we produce and consume.
The most common dissonances caused by disruptive forces in an organization may be the displacement of energy to ensure organizational advancement and reduced momentum.
