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Colt1911 [192]
2 years ago
7

McDonald’s pressed on with the strategic plan of offering all-day breakfast in spite of initial struggles because strategic deci

sions require long-term commitment.a. Trueb. False
Business
1 answer:
Elenna [48]2 years ago
7 0

Answer: True

Explanation:

Strategic decisions do indeed take long-term commitment because they are meant to help the company in the long term not the short.

Strategic decisions usually set goals and achieve results in the long term. They are not expected to yield results in the short terms which is why MacDonald's pressed on with the all-day breakfast despite initial challenges.

You might be interested in
a company currently producing 10 air conditioners each day has daily total costs of $1,500. producing an additional air conditio
pantera1 [17]

If the company produces an additional 11th air conditioners, the daily costs would reach $1750.

A cost is the worth of money that has been expended to produce something or provide a service and is therefore no longer available for use in production, research, retail, and accounting. In the case of an acquisition cost, the money spent on the acquisition is considered the cost.

A total of $1500 per day is spent producing 10 air conditioners.

$250 is the daily cost of creating an extra air conditioner.

Cost per day total for manufacturing 11th air conditioners

= Daily production costs for 10th air conditioners plus daily production costs for a single additional air conditioner

= $1500 + $250

Therefore, the cost of manufacturing the 11th air conditioner = $1750

To know more about cost, refer to this link:

brainly.com/question/20534030

#SPJ4

5 0
11 months ago
[The following information applies to the questions displayed below.]
makvit [3.9K]

Answer:

A. Dr Raw meat Inventory 120,000

Cr Cash 120,000

B. Dr Indirect Materials $186,000

Cr Raw Materials $186,000

C. Dr Direct Materials $15,000

Cr Raw Materials $15,000

Explanation:

Preparation for the journal entries for the above transactions for the month of May.

Dr Raw meat Inventory 120,000

Cr Cash 120,000

(Being to record Raw materials purchases for cash)

B. Dr Indirect Materials $186,000

Cr Raw Materials $186,000

($201,000 - 15,000)

C. Dr Direct Materials $15,000

Cr Raw Materials $15,000

8 0
2 years ago
Sherry, a 12-year-old, visited a website that wanted to know her family size, her parents' educational level, and her weekly all
sdas [7]

Answer:

D) Both a and b.

Explanation:

COPPA means Children's Online Privacy Protection Act of 1998, it is a federal law in the United States that became effective on April 12 2000. This law is used as pertaining to the collection of personal information of individuals under age 13. For a company that is based in US, it is required that their website must include privacy policy on how to seek parental consent, what this information will be used for, and the responsibility to protect the privacy of children online.

Most companies does not allow children under age 13 to have access to their services because of what it entails in complying with the law.

7 0
3 years ago
For the first time in two years, Big G (the cereal division of General Mills) raised cereal prices by 4 percent. If, as a result
Ira Lisetskai [31]

Answer:

the coefficient of elasticity is 0.5. Thus, demand is inelastic.

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price  

If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.  

Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one

Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.  

Price elasticity = 2/4 = 0.5

Because demand is less than1, big g has an inelastic demand.

5 0
2 years ago
Investors put up $520,000 to construct a building and purchase all the equipment for a new restaurant. The investors expect to e
olasank [31]

Total cost per week = $3600

The correct option is <u>C.$3,600</u>.

<u>Explanation</u>:

<em><u>Given</u></em>:

Cost for constructing and purchasing the equipment for restaurant = $520,000

Minimum return = 10% of investment

Restaurant is opened = 52 weeks per year

No. of meals = 900 meals/per week

Cost of meal = $5

Expense for material and electricity= $600

Expense for weekly wages = $1000

Fixed cost per week = ([520,000(.10)]/52) + 1000 = 2000

Variable cost = 1000 + 600 = 1600

Total cost = Fixed cost per week + Variable cost

                  = 2000+1600 = 3600.

Total cost per week = $3600

5 0
3 years ago
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