Out of the choices provided above, it can be said that the current challenges in operations management include all of the following except increased communication cost. Therefore, the option C holds true.
<h3>What is the significance of communication costs?</h3>
Communication costs can be referred to or considered as the costs incurred by an organization to spread awareness and convey the message of achieving efficiency in the management, especially related to the operations of an organization.
Therefore, the option C holds true and states regarding the significance of communication costs.
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Answer:
The correct answer is letter "A": a market in which a good can be bought and sold at the same price.
Explanation:
Competitive markets are those with large numbers of producers fighting against each other to fulfill consumers' needs. In these markets, the producers and consumers cannot determine the price of the goods or services being traded. Both <em>participants are price-takers</em> which imply they will come to a point in which the price level offered by producers and desired by consumers will be equal.
Answer:
$1,103.56
Explanation:
In this question, we use the PMT formula that is shown in the attachment. Kindly find it below:
Provided that
NPER = (82 - 66) × 12 = 192
Present value = $136,000
Future value = $0
Rate of interest = 6% ÷ 12 months = 0.5%
The formula is shown below:
= PMT(Rate;NPER;-PV;FV;type)
The present value come in negative
So, after solving this, the monthly payment is $1,103.56
Answer:
Dr Cash 1020
Cr Service revenue 1000
Cr Service fee 20
Explanation:
Service fee is expense of individual who is purchasing not store's expense.
- Total cash received by store is $ 1020 because 2% is service charges by master card,its is income of master card not store so store will treat as liability.
The only revenue of store is $1000.