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BabaBlast [244]
3 years ago
11

What are the 3 techniques used for running a busines

Business
1 answer:
Dimas [21]3 years ago
4 0

Answer:  1) Hire experienced employees 2) Understand the marketplace and define clear KPIs  3) Organize your business plans

Explanation:

It's important for your employees to be qualified for their job, because their performance affects you the same way it would affect their paycheck

You have to understand the marketplace and what your competition is, so that you can do your best, understanding marketing trends and high demands

Being organized is very important, you need to set dates on your calender and take notes  

I hope this helped :D

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___________ is the current strategy for many manufacturers where a company produces a large quantity of items but customizes the
givi [52]

Answer:

mass customization

Explanation:

As it names says , companies will produce a large amount to customized product. This is implies higher cost but it helps for differentiation.

7 0
3 years ago
A case study in the chapter analyzed purchasing-power parity for several countries using the price of Big Macs. Here are data fo
goblinko [34]

Answer:

Predicted exchange rate = Country price of Big Mac/ US price of Big Mac

Predicted exchange rate:

Chile = 2,050 / 4.37

= 469.11 Pesos / US dollar

Hungary = 830 / 4.37

= 189.93 Forints / USD

Czech Republic = 70 / 4.37

= 16.01 Korunas / USD

Brazil = 11.25 / 4.37

= 2.57 Real/ USD

Canada = 5.41 / 4.37

= 1.24C$/ US$

<em>According to purchasing power parity, the predicted exchange rate between the Hungarian forint and the Canadian dollar is </em><em><u>153.42 Forint per C$</u></em><em>. However, the actual exchange rate is </em><em><u>217 Forint per Canadian Dollar</u></em><em>. </em>

Predicted exchange rate = 830 / 5.41 = 153.42 Forint per C$

Actual Exchange rate = 217/1 = 217 Forint per C$

5 0
3 years ago
The comparative balance sheets for Pina Colada Corp. show these changes in noncash current asset accounts: accounts receivable d
Verdich [7]

Answer:

Cash Flow from Operating Activities

Net Income                                                  $226,500

Decrease in Accounts Receivable             $78,500

Increase in Prepaid Expenses                   -$28,200

Increase in Inventories                               -$41,700

Cash Provided by Operating Activities    $235,100

4 0
3 years ago
Suppose that a firm operating in perfectly competitive market sells 200 units of output at a price of $3 each. Which of the foll
miv72 [106K]

Answer:

The correct answer is option i.

Explanation:

A firm is operating in a perfectly competitive market.  

The firm is selling 200 units of output.  

The price of each unit of output is $3.  

In a perfectly competitive market, a single firm faces a horizontal line demand curve. This horizontal line represents demand, price line, average revenue, and marginal revenue.  

So if the price is $3, it implies that the marginal revenue and average revenue is also equal to $3.  

The total revenue is $600.

4 0
3 years ago
Scott tried to file a police report after being victimized by an identity thief. However, the police department was reluctant to
saul85 [17]

Answer:

Explanation:

if the question is select multiple answers then both A and C. if it is just one answer then A.

7 0
3 years ago
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