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DENIUS [597]
3 years ago
5

In Techsorrd Inc., the leads of the technical team, support team, and marketing team anticipate the resource needs for their res

pective departments and send them to the top management for approval. In this scenario, Techsorrd Inc. is most likely using _____.
Business
1 answer:
VMariaS [17]3 years ago
3 0

Answer:

<u>Bottom up budgeting</u>

Explanation:

In Techsorrd Inc. the leads of the technical team , support team, and marketing team anticipate the resource needs for their respective departments and send them to the top management for approval. In this scenario, Techsorrd Inc. is most likely using <u>Bottom up budgeting.</u>

The budgeting in which the cost of all individual department is determined and then cost of all department is total up.

Bottom up budgeting helps in <em>accuracy and accountability</em> of the budget.  It also  <em>helps in motivating the employees.</em>

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Savings for You, a discount retail chain, is highly competitive. When entering a new market, Savings for You often cuts prices s
REY [17]

Answer:

<u>Predatory pricing</u>

Explanation:

A "predator" refers to an animal who survives by "preying" on other animals.

Predatory pricing in a similar sense refers to that form of excessively low pricing which in a way consumes other firms by taking away their share of industry revenues. Such form of pricing is considered illegal and is against healthy competition.

Such pricing eliminates competitors from the market and gradually leads to emergence of a monopoly i.e supremacy of a single firm in the whole industry and thus considered an illegal practice.

In the given case, the retail chain can be alleged to have followed predatory pricing which is substantiated by the fact that it cuts it's prices excessively i.e even below cost , thereby forcing smaller companies to exit the industry.

7 0
3 years ago
Write in detail about the programmes of the institute of agriculture and animal science​
vodka [1.7K]

Answer:

The mission of the institute is to promote agricultural science and to train manpower for agricultural development focusing on teaching, research and extension.

Explanation:

4 0
1 year ago
What would cause an increase in the equilibrium price of a good?
crimeas [40]

Answer:

Demand and supply

Explanation:

Demand and supply are the two factors which effect the equilibrium of price. If demand increases and the supplies remains constant the price will increase. On the other hand when demand decrease and the supplies remains constant the price will fall. So these two factors effect the Equilibrium price of a good.

5 0
3 years ago
Finishing Touches has two classes of stock authorized: 7%, $10 par preferred, and $1 par value common. The following transaction
valentinak56 [21]

Answer:

Total Stockholders' Equity = $2,334,370

Explanation:

Note: See the attached excel file for the stockholders' equity section of the balance sheet for Finishing Touches as of December 31, 2018 with all the formulae used.

In the attached excel file, the retained earnings is calculated as follows:

Retained earnings = Net income – Common dividends - Preferred dividends = $149,000 - $94,000 - $1,330) = $53,670

From the attached excel file, we have:

Total Stockholders' Equity = $2,334,370

Download xlsx
6 0
3 years ago
Fundamental analysis is likely to yield best results for _______.A. NYSE stocksB. neglected stocksC. stocks that are frequently
TiliK225 [7]

Answer:

<u>C. stocks that are frequently in the news</u>

Explanation:

  • It is an accounting ad financial analysis usually analyzed by the business assets, liabilities, and earnings. Related to the interest-earning and the production, earnings, employment, GDP, housing and manufacturing. conducting a company's stock valuation.
  • And is used to find out the internist's values of share. It often includes the industrial, economic, and company analysis. The port foils style includes Buy and holds investors, value investors.
6 0
3 years ago
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