Samuel could cut
-Unnecessary using of items, like too much light or electricity or cut off water time
- Spend more time riding a bus than driving a car
-Try not to buy too many luxurious items like new shoes or fancy watches
-Try not to own too many appliances because of insurances or money
-Settle on a house than a mansion, Mansions mortgage are way more than a regulars house mortgage
Hopefully Samuel can decrease a lot of expenses by following these tips
If you liked the answer click that button down there ↘️
To show some ❤️
Answer:
The correct option is a) objective answers
Explanation:
When an general environmental analysis is done by a company , they expect to identify what elements ( whether it be external or internal ), can have an impact on the performance of the company. The purpose of this strategy tool is to see what opportunities are present in the market which a company can use for its advantage( for increasing sales or expansion) and also to identify what level of threats are present in the market that can affect their profitability and market share.
By doing environmental analysis they can see what products or services are trending in the market, what is the general peoples tastes and preferences, so we can say that the options b,c,d are all correct, therefore the option a is incorrect.
Answer:
The quantity to maximize profit = 20 units
Explanation:
<em>In a perfectly competitive market , profit is maximized at the quantity where the marginal cost is equal to marginal revenue. </em>
Note that the MC is the change in total cost as a result of a change in total production unit by a unit
Marginal revenue is the change in total revenue as a result of selling additional unit of product. For a perfectly competitive it is equal to the selling price.
To maximize profit , MR = MC
MC- 4q MR- 80
4q = 80
q = 80/4 = 20
The quantity to maximize profit = 20 units
The Company is experiencing an increase in competition, and at the same time they are building more production facilities in Southeast Asia. In this scenario, the top management team is most likely to (a)<u> </u><u>give lower-level managers the authority to make decisions to benefit the firm.</u>
Explanation:
From the given options the firm cannot pull decision-making responsibility from low-level management, taking it on themselves because we can see that the company is experiencing an increase in competition and it is also expanding its production facility so the upper management does not have time to involve at smaller decisions as there are many big decision to be taken.
So the company decides to give lower-level managers the authority to make decisions to benefit the firm.
This plan is an example of "Price fixing"
Explanation:
Price fixing consists of an agreement between respondents on the same side of the economy to only purchase or sell a product, service or product at such a fixed price, or keep price conditionals so that equilibrium control is kept at such a level.
This allows the suppliers to decide to give their goods a minimum or maximum price. Electronics retail organizations, for instance, may set prices together by setting prices or promotions on televisions.
