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Inessa [10]
3 years ago
11

Wilson is currently producing a component for one of its products. Wilson has received an offer to buy the component from an out

side supplier. A machine is currently being rented to manufacture the component. If the company buys the component, the rental will be cancelled What is the rent on the machine, in relation to the decision to make or buy the component?
a) Sunk and therefore not relevant
b) Avoidable and therefore not relevant
c) Avoidable and therefore relevant
d) Unavoidable and therefore relevant
Business
1 answer:
lorasvet [3.4K]3 years ago
6 0

Answer:

Option B                                      

Explanation:

In simple words, avoidable costs refers to those expenditures which can be avoided by the management of the business if they want to as such expenditures are usually made for additional support.    

Irrelevant costs include factors which will not be impacted by a management action, whether positively or negatively. Consequently, unnecessary factors, such as static overhead as well as sunken factors, are overlooked in making the choice. Nonetheless, in addition to ultimately save the company it is important for a management to be able to discern an insignificant expense.

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Identify markets with unfulfilled needs.

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The first step in the target marketing process is to identify markets with unfulfilled needs. The organization first needs to study what the customers are looking for. Either they will find a gap and see what need is still unfulfilled or they will create a need.

In either of the cases, they will be looking for chances to make a product that the customers will be tempted to buy, which would lead their sales to increase.

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By 1830 home manufacture had declined significantly due to:
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E

Explanation:

According to the history of America, by 1830 home manufacture had declined significantly due to increased industrial organization and advances in transportation.

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3 years ago
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Business agents are most needed when local members work on projects and move between employers.

<h3 /><h3>What is a Business Agent?</h3>

Corresponds to a professional position where an individual is responsible for running a business of a company for the time, conditions and responsibilities provided for by a contract.

This professional can act in different ways in an organization or a group, being a project leader, financial manager, carrying out negotiations, being public relations of the company and others, depending on the needs of the company in question.

Therefore, a business agent is a positive way for a company to achieve a certain objective, such as a project with a certain time to start and end, being the agent responsible for managing the course of actions for the company to achieve its objectives and goals.

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3 0
1 year ago
What position is typically responsible for financial accounting, managerial accounting, and tax reporting?Audit committeeControl
Naya [18.7K]

Answer: The correct answer is the CFO.

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8 0
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A statement from the patient expressing a lack of understanding or an inability to obtain the specimen will cause the nurse to intervene.

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Intervention in nursing practice entails being an educator, properly educating patients and patient relatives on diagnostic procedures. improvement of health and sample collection. Intervention also entails advocating for the patient to family and friends when necessary.

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If the patient also expresses a lack of access to a proper toilet system, the nurse could intervene in advocating for the patient to be provided closer proximity to a functioning toilet system.

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