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3 years ago

What are the advantages a market economy offers producers?

Business

2 answers:

grandymaker [24]3 years ago

7 0

<span>monopoly of bigger companies
free advertising for small businesses

</span>

kiruha [24]3 years ago

6 0

<span>The most beneficial advantages for producers is open market economy because it is lead to more innovation and research & development through the absence of red tape. Producers don’t have to wait for the government to tell them what to make. They study demand, research trends and meet the customer’s needs through innovation. So, also encourages competition amongst firms to improve their product and service.</span>

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According to John Kotter, which of the following actions will adversely influence refreezing efforts?A) the absence of a visionB

dedylja [7]

Answer:

D) declaring victory too soon

Explanation:

John Kotter in this theory of leadership explains the concept and importance of change. He basically believes that the company shall be currently functional.

By the term currently functional he means that the company shall be updated and working on with the current market trend. This means the company shall not be resistant to change and that the management shall take a note of it.

Further in the moving scenario there is no freezing point - the company shall constantly work on the new things which it can improve and excel.

Thus, final confirmation cannot be made soon as towards the change made.

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3 years ago

A(n) _____ refers to a situation where a publicly traded company is purchased and then taken off the stock market.

dalvyx [7]

Leveraged buyout/////////////////

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3 years ago

Which of the following is not one of the four main types of inventory?

Maslowich

Answer:

All of these are main types of inventor.

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2 years ago

The pharmacist needs to measure out 35 grams of a 70% powder using the 50% and 90% powders he has in stock. how much of each pow

aleksandrvk [35]

The pharmacist needs to measure out 17.5 grams of the 50% powder and 17.5 grams of the 90% powder and should end up with 35 grams of the 70% powder thus making for an easy method of calculation for mixing the two powders.

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2 years ago

Read 2 more answers

Island Corporation applies overhead based upon machine-hours. Budgeted factory overhead was $375,000 and budgeted machine-hours

vivado [14]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Island Corporation applies overhead based upon machine-hours. Budgeted factory overhead was $375,000 and budgeted machine-hours were 12,500. Actual factory overhead was $387,920 and actual machine-hours were 13,150.

A) Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 375,000/12,500= $30 per machine hour

B) Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 30*13,150= $394,500

C) Over/under allocation= real MOH - allocated MOH

Over/under allocation= 387,920 - 394,500= 6,580 overallocated

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3 years ago