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Dennis_Churaev [7]
3 years ago
6

Changes in the economic, political, legal, and technological global system that may affect an organization are ______ forces. Fo

r example, stresses within the European Union (including the United Kingdom's recent decision to exit the EU) may have global ramifications.
Business
1 answer:
ioda3 years ago
7 0

Answer:

International Forces

Explanation:

These are international forces which are part of the organization environment in which the organization grows. These rapidly the companies the way it trades in the national and international environment. What do you think if till today a company is still manufacturing ambassador car with the same old technology, will you buy? Of course not because its speed is below 72mph and that it is very uncomfortable and also that young generation don't like it. Furthermore these are the things which are present in the organization environment and need to be tackled by the company by enhancement in its processes and adopting to change. In cold wear dresses that keeps you body temperature in control.

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Petra, Inc. has collected the following data.​ (There are no beginning​ inventories.): Units produced 580 units Units sold 580 u
Debora [2.8K]

Answer:

Operating income is $28,197.2

Explanation:

In order to calculate operating income, first we have to calculate total product cost per unit which is calculated as shown below:

Direct material per unit = $30

Direct labor = $35

Variable manufacturing overhead per unit = $10

Fixed manufacturing overhead per unit = 23,000 ÷ 580 = $39.66 per unit

Product cost per unit = 30 + 35 + 10 + 39.66 = $114.66

Now compute operating income as shown below:

Total sales = Per unit sales price × Units sold

                  = $230 × 580

                  = $133,400

Cost of goods sold = Units produced × product cost per unit

                                = 580 × 114.66

                                = $66,502.8

Gross profit = Sales - COGS

                    = 113,400 - 66,502.8

                    = $46,897.2

Fixed selling and administrative cost = $10,000

Variable selling and administrative cost = 15 × 580 = $8,700

Total selling and administrative cost = 10,000 + 8,700 = $18,700

Operating income = Gross profit - total selling and administrative cost

                               = $46,897.2 - 18,700

                               = $28,197.20

7 0
4 years ago
PLEASE HELP ASAP, I NEED TO DO THIS BUT DONT KNOW HOW TO. Describe how free markets solve the problem of coordination. Why do co
Strike441 [17]
The advantage of a free market economy is that when it works it can both be reward and perpetuate innovation But they are inherently more risky and does tend to favor those more capital and resources . In an Economic make system with multiple equilibria coordination failure occurs when a group of firms could achieve a more desirable equilibrium but fail to because they do not coordinate their decision making
6 0
3 years ago
the simple circular flow model shows that workers, land owners, and owners of capital offer their services through: product mark
dalvyx [7]

The simple circular flow model shows that workers, landowners, and owners of capital offer their services through resource(or Factor) markets. Thus, option (b) is correct.

What is circular flow model?

An economic model that depicts how money moves across the economy is the circular flow model. Businesses need resources to generate the goods and services that households and households buy.

The circular flow model is the based on the business and the households. The four factors of the recourses to the labor, entrepreneurship, land, and capital) these are the mainly used in the business to manufacturer their goods and produces the services.

As a result, the circular flow model are resource (or Factor) markets. Therefore, option (b) is correct.

Learn more about on circular flow model, here:

brainly.com/question/11324259

#SPJ4

Your question is incomplete, but most probably the full question was.

a) Product markets.

b) Resource(or Factor) markets.

c) Employment Agencies.

d) Business Firms.

5 0
2 years ago
At a specific point on the demand curve for backpacks, the elasticity of demand is calculated to be -0.5.a. At that point, we wo
anzhelika [568]

Answer:

Inelastic; 5%; fall; 10%; rise

Explanation:

Price elasticity of demand is always negative for normal goods. This happens because of the law of demand, that demand falls with rise in price.

Price elasticity between 0 and 1 shows inelastic demand.

This means that there is smaller change in demand due to a greater change in price level.

Price elasticity of demand is -0.5.

If the price falls by 10%, demand will increase by 5%.

The revenue will fall, because of greater fall in price.

If the price increases by 20%, demand will fall by 10%.

Revenue will increase because of greater increase in price.

4 0
4 years ago
Read 2 more answers
A change in the amount of sales can be due to either a change in the units sold or a change in price or both.
olga55 [171]

Answer:

true

Explanation:

The amount of sales variables (units sold and price) are correlated then a change in 1 will always alter the other.

5 0
3 years ago
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