Answer:
The answer is 27 hours
Explanation:
Solution
The Comparative advantage depends on production of the lower opportunity cost
The opportunity cost of a production is =maximum production of other good /maximum production of the good
Now,
The opportunity cost of hot dog bun for town A =10/4=2.5
Thus,
The opportunity cost of hot dog bun for town B=6/10=0.6
So,
The town B has a comparative advantage in hot dog buns and A in sausages
Town A will produce-only sausages and it will take the time of
time in hours =total required a quantity of the good /number of products in an hour
Now,
The time for Town A for sausages=120/10=12 hours
The time for Town B for hot dog buns=120/8=15 hours
Therefore, The total time =12+15=27 hours.
Answer:
First-mover
Second-mover
Explanation:
A first mover is a provider of product, that achieves a market advantage by being the first type of product to be marketed. Generally, being gets the first firm in the market to get the advantage of the strong market and customer satisfaction.
The "second mover's advantage" is the value of joining others into a business or imitating an old product that a new innovative company gets.
In this case VisiCalc is a First-mover and Microsoft is a Second-mover.
prepaid means already paid
Answer:
Option D. After completion of market research, situation analysis, and competitor analysis
Explanation:
The reason is that the company always sets objectives and goals when it analyzes the business environment, the way competitor would react, product demand, etc and all these things come from market research, situation analysis, competitor analysis, position analysis, capability analysis, etc. This gives a clear picture where the organization must head towards. So after completion of these analysis and research, company is able to set goals.
Always remember that the company sets its goals before marketing planning (Option A) and after situation analysis (Option B) because it helps define what number of sales we need which formulates the marketing planning.
Option C is incorrect because strategies are set after the objectives and goals are set because the strategies are always alligned with the objectives and goals.
Option E is incorrect because Goals and Objectives are set always after the SWOT and PESTLE analysis not during these studies.
Here the only only option with broader meaning is option D which also includes the Option A and Option B.
Answer:
The correct answer is indirect bankruptcy costs.
Explanation:
Indirect costs are considered to be damage to the image and reputation of the company, lost investment opportunities, credit restrictions, conflicts with suppliers, loss of sales, conflicts with workers. Indirect costs are usually much higher than direct costs.
