Answer:
a. At lower levels, management have fewer controllable costs
Explanation:
The opposite is true, lower-level management have more controllabe costs than higher level management because top management focuses on the general strategy of the firm, while lower management focuses on the specific production processes.
It is in these specific production processes that many controllable costs arise. A production line supervisor (part of lower-level management) can directly control some variable costs such as energy used, amount of input, or even work hours.
Answer:
e. all of the above
Explanation:
Just like inn games, all the features enumerated in the options apply.
Specifically, actions by players determine outcomes. Also, players employ strategies to obtain desired results.
Answer
The demand for land will increase. and the price of land will increase.
Answer:
Disruptive innovation.
Explanation:
Disruptive innovation is one that creates the way a market operates, that is it creates a new market and disrupts the old one. Existing firms and products are displaced.
In this instance when Futura Inc. introduced an automobile that could run completely on electricity for longer periods of time than any other electronic or hybrid automobile, it introduced a product that will cause disruptions in the current automobile industry.
Although there was challenges of frequent repairs, this was eventually resolved.
Answer:
26.42
Explanation:
A firm has an EPS of $2.08
The benchmark PE is 12.7
The growth rate is 3.8 percent
Therefore the estimated current stock price can be calculated as follows
= 2.08×12.7
= 26.42
