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djyliett [7]
3 years ago
10

If a city is considering building a new city office complex, it may appoint a(n) to research possible locations for the offices

within the city, then to present their findings to the city manager for review and presentation to the city council. The committee would be disbanded after its assignment has been completed.
a) ad hoc committee
b) standing committee
c) task force
d) advisory committee
Business
1 answer:
VLD [36.1K]3 years ago
8 0

Answer: (D) Advisory committee

Explanation:

 The advisory committee is the type of committee in which the different suggestion, skills are the knowledge are carried out by the individual opinions in an organization.

According to the question, by using the advisory committee we present the problem of the city people to the manager of city so that they listen to our problem and suggest some effective way. The advisory committee basically providing the FDA that suggest or share some special knowledge and advice with the people.

Therefore, Option (D) is correct.

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Evaluating whether or not to go forward with the preparation of a proposal is referred to as the __________.
timofeeve [1]

A. Bid/no bid decision

A "bid" is what contractors call their proposals, and in some cases it will not be worth it to even submit a proposal on a job. The stage where contractors decide if it is worth it is called bid/no-bid.

8 0
3 years ago
Globalization has been driven by five major factors: political, technological, market, cost, and competitive. Business has fuele
maria [59]

Answer:

<u>Competitive Drivers </u>

Description

Explosive growth in international business

Implication for Business

Intense competition in world markets

Globalization has led to an explosive growth in international.business which has led to increased competition amongst companies because they now have to compete on a global scale against numerous companies in various locales.

<u>Political Drivers </u>

Description

Preferential trading arrangements and privatization of industries

Implications for Business

Increased opportunities for trade and investment

Some Countries offer great trading agreements this enabling companies to trade in other countries. This opportunity means that there are increased opportunities for trade by companies in the countries involved in the agreement.

<u>Cost Drivers</u>

Description

Exporting or producing Overseas

Implications for Business

Lower Cost of Goods sold

Globalization has enabled companies to be able to produce in cheaper markets for labor such as in Asia and Africa. This has led to a lower cost of goods sold and therefore higher profits.

<u>Technological Drivers </u>

Description

Explosive growth of high-power, low-cost computing

Implications for Business

Growth in Services.

Driving Globalization is an increased use of technology by human beings. The world is now connected by mere seconds which has enabled companies to derived clients all over the world this enabling them to offer more services.

<u>Market Drivers </u>

Description

Emergence of Global Customers

<u>Implications for Business</u>

New Opportunities and New Markets.

Another factor driving Globalization is the availability of new markets to sell their goods in in different territories. Companies can therefore have an increased demand base which will mean more Profitability.

5 0
3 years ago
A company produces a single product. Variable production costs are $12.90 per unit and variable selling and administrative expen
Scrat [10]

Answer:

$10,965

Explanation:

Computation for the dollar value of the ending inventory under variable costing

First step is to find the Units in ending inventory

Using this formula

Units in ending inventory = Units in beginning inventory + Units produced−Units sold

Let plug in the formula

Units in ending inventory= 0 units + 4,900 units−4,050 units

Units in ending inventory = 850 units

Last step is to find the Value of ending inventory under variable costing

Using this formula

Value of ending inventory under variable costing = Unit in ending inventory × Variable production cost

Let plug in the formula

Value of ending inventory under variable costing= 850 units × $12.90 per unit

Value of ending inventory under variable costing = $10,965

Therefore the dollar value of the ending inventory under variable costing would be $10,965

6 0
3 years ago
Dayna’s Doorstops, Inc. (DD) is a monopolist in the doorstop industry. Its cost is C  100  5Q  Q2, and demand is P  55  2Q.
Sauron [17]

Answer:

Explanation:

Given the following data about Dayna's Doorstep Inc(DD) :

Cost given by; C = 100 - 5Q + Q^2

Demand ; P = 55 - 2Q

A.) Set price to maximize output;

Marginal revenue (MR) = marginal cost (MC)

MR = taking first derivative of total revenue with respect to Q; (55 - 2Q^2)

MC = taking first derivative of total cost with respect to Q; (-5Q + Q^2)

MR = 55 - 4Q ; MC = 2Q - 5

55 - 4Q = 2Q - 5

60 = 6Q ; Q = 10

From

P = 55 - 2Q ;

P = 55 - 2(10) = $35

Output

35(10) - [100-5(10)+10^2]

350 - 150 = $200

Consumer surplus:

0.5Q(55-35)

0.5(10)(20) = $100

B.) Here,

Marginal cost = Price

2Q - 5 = 55 - 2Q

4Q = 60 ; Q = 15

P= 55 - 2(15) = $25

Totally revenue - total cost:

(25)(15) - [100-(5)(15)+15^2] = $125

Consumer surplus(CS) :

0.5Q(55-25) = 0.5(15)(30) = $225

C.) Dead Weight loss between Q=10 and Q=15, which is the area below the demand curve and above the marginal cost curve

=0.5×(35-15) ×(15-10)

=0.5×20×5 = $50

D.) If P=$27

27 = 55 - 2Q

2Q = 55 - 27

Q = 14

CS = 0.5×14×(55 - 27) = $196

DWL = 0.5(1)(4) = $2

6 0
3 years ago
Direct costs typically include the cost of direct labor as well as other direct costs for items such as material, travel, subcon
borishaifa [10]

Answer:

True

Explanation:

The direct cost is that cost which is directly related to the manufacturing process of the product or the production process of the product

The example of the direct cost involves direct material cost, direct labor cost, supplies cost of manufacturing, travel, subcontracts, computer time, etc

Hence, the given statement is true.

8 0
3 years ago
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