Answer:
Favorable market condition
Explanation:
Favorable market conditions are business friendly environment that aids the start , growth and profitability of business.
Its major advantage is that it gives an edge over competitors and new entrants .
The major principles of identifying favorable market conditions are market definition , market size and growth rate , identifying and analyzing competitors , analyzing market channels and running a PEST analysis.
Answer: E) Flexibility
Explanation: Flexibility is the capacity to adjust to short-term change ,quickly and calmly, so that you can deal with unexpected problems or tasks effectively. Flexible people are highly prized by managers and businesses. They help to stabilize situations when crisis strikes. They keep objectives achievable and within reach, and they often "go the extra mile " to support colleagues who are in need of advice or help.To be flexible, people need to be able to "think on their feet" and act boldly in ways that are new and unfamiliar. When people are clear on the goals that they need to reach, and what they need to do to achieve them, shorter-term challenges will have a less disruptive impact. So, be sure to clearly communicate your team's purpose and its shared objectives, and revisit them regularly so that everyone stays on track. Flexibility on the job includes the willingness and ability to readily respond to changing circumstances and expectations. Being flexible when it comes to work is worth a lot. Employees who approach their job with a flexible mindset are typically more highly valued by employers.
Self-interest of course! Though you gave us no clue as to who is Adam... You can tell it's mostly self-interest due to the fact that he hasn't taken any class or anything on it. Looks to me that he genuinely just loves cooking!
Calculation of the unit variable cost for canisters:
Unit Variable cost remains same irrespective of the level of the production units. In the given case we are told that in June, ace manufacturing plant produced 100 units of propane canisters for sale and the total variable costs were $5,000. It means the Unit Variable Cost is $5,000 / 100 Units = $50 per unit.
Hence, the unit variable cost shall be $50 per unit at the level of 120 canisters also.