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Volgvan
3 years ago
7

The Martinez Legal Firm (MLF) recently acquired a smaller competitor, Miller and Associates, which specializes in issues not pre

viously covered by MLF, such as land use and intellectual property cases. Given the increase in the firm's size and complexity, it is likely that its internal transaction costs will ____.
Business
1 answer:
Vsevolod [243]3 years ago
6 0

Answer:

increase

Explanation:

Transaction cost is the cost needed for every exchange. This cost can be external or internal. External transaction cost comes from the cost to do an exchange with a second party while internal cost comes from the company itself.  

The Martinez Legal Firm acquired a competitor so their business size will increase for sure. Larger businesses will become more complex and need more management. These will, in turn, increase the internal transaction cost.

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Saphire Company budgeted the following production in units for the second quarter of the year:
Ugo [173]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Sales:

April 45,000

May 38,000

June 42,000

Each unit requires one pound of raw material. Saphire's policy is to have 30% of the following month's production needs for materials in inventory.

A) Budgeted production= sales + desired ending inventory - beginning inventory

Budgeted production:

Sales=38,000

Ending inventory= 42,000*0.3= 12,600

Beginning inventory= 38,000*0.3= (11,400)

Total= 39,200

B) Desired beginning inventory= budgeted sales*30%

Beginning inventory= 42,000*0.3= 12,600

6 0
4 years ago
Think of a time when you were leading a group project. What kinds of problems emerged? How did you hanlde them? How might those
Oksi-84 [34.3K]

When leading a group project the most rising problem is deadlines and team coordination this can be handled by effective communication.

<h3>What is a group?</h3>

A group is referred to as a collection of people who come together to form a relationship or connection with each other. These groups mainly form to perform collaborative activities to achive something.

Working in a group was quite difficult as every individual have own perspective which causes differences of opinion and disagreement within the group.

This agreement can be solved by building effective communication and better relationships with group members in order to achieve the goal.

This will be helpful in the Restaurant business by dealing with customers and timely delivery of the demanded dish or service to them.

Learn more about communication, here:

brainly.com/question/22558440

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6 0
2 years ago
Financial management cannot be related to other functional areas of management such as marketing.
frez [133]
This is false again this can be classified as anything
5 0
4 years ago
in any industry in which repeat business is done with the same parties, there is always a balance between pushing the limit on a
kenny6666 [7]

The statement is True. In any industry in which repeat business is done with the same parties, there is always a balance between pushing the limit on any particular negotiation and making sure the other party—and your relationship with him—survives intact.

Negotiation is a dialogue among two or extra human beings or events to reach a preferred final result regarding one or more troubles of battle. it's miles an interplay among entities who aspire to agree on topics of mutual interest. The agreement may be useful for all or some of the events concerned.

Examples of employee-to-1/3-celebration negotiations encompass: Negotiating with a purchaser over the charge and terms of a sale. Negotiating a prison agreement with an opposing legal professional. Negotiating carrier or supply agreements with companies.

The term negotiation refers to a strategic dialogue that resolves a problem in a way that each event locates ideal. In a negotiation, every birthday party tries to persuade the alternative to accept as true with their factor of view.

Learn more about negotiation here brainly.com/question/902450

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7 0
2 years ago
how can sales tax alter the size of the tip you leave at a restaurant? a. a tip of a given percentage (such as a 20% tip) will b
Arisa [49]

A tip of a given percentage such as a 20% tip will be larger if calculated after tax than if calculated before tax.<u> Option A.</u>

<u />

Etiquette experts at the Emily Post Institute in Vermont suggest tipping at restaurants should be between 15% and 20% of the total before tax. According to the Etiquette Scholar website, "You must tip the amount before tax on the bill, not the total amount. All tips and non-cash tips received from employees are income and are subject to federal income tax.

All tips received by an employee in a calendar month are subject to Social Security and Medicare taxes and must be reported to the employer. Someone suggesting tip amount based on total bill Some, but most will suggest a tip based on pre-tax total. That's the correct answer. Taxes are not a restaurant service, so tipping is not required. It is good manners to distribute tax and tip evenly across the table. Some people don't mind splitting the entire bill but most people don't mind splitting the tip evenly.

Learn more about Sales tax here:-brainly.com/question/9437038

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4 0
1 year ago
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