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DochEvi [55]
3 years ago
9

The CEO of a large company asks the sales manager to report the sales figures of the previous quarter. The manager immediately s

ends her the list of products sold in the previous quarter. These details do NOT qualify as good information because they are ________.
Business
1 answer:
cluponka [151]3 years ago
6 0

Answer:

More than what is required.

Explanation:

When the CEO asked for the sales figures, she would have wanted just the monetary value of the sales made in that period. Instead the sales manager sent the list of products sent in the previous period. This will include detailed breakdown of the number of each product sold along with the amounts at which they were sold.

In this case the sales manager sent more information than was requested by the CEO.

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Who determines the price in perfect markets?
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Answer:

<h2>Price is determined by the</h2><h2> intersection of market demand and market supply; individual firms do not have any influence on the market price in perfect competition. Once the market price has been determined by market supply and demand forces, individual firms become price takers.</h2>

Explanation:

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5 0
3 years ago
Luck is what happens when preparation meets opportunity.
elena-s [515]

Answer:

Roman philosopher Seneca once said, “Luck is what happens when preparation meets opportunity.”

Explanation:

4 0
2 years ago
Atlantic Coffee has recently decided to raise its prices by10%.It was shocked by itscustomers' reactionto the price increase whe
miss Akunina [59]

Atlantic Coffee has recently decided to raise its prices by10%. It was shocked by its customers' reaction to the price increase when sales dropped24%. such a sharp drop in sales occurs because:_the demand for a specific brand of coffee is highly elastic.

The market fee is the modern rate at which an excellent service can be purchased or sold. The market price charge of an asset or carrier is decided with the aid of the forces of delivering and calling for; the fee at which the amount provided equals the amount demanded is the marketplace rate.

The primary price is the amount receivable through the manufacturer from the customer for a unit of an amazing or provider produced as output minus any tax payable, and plus any subsidy receivable, by means of the producer as a result of its manufacturing or sale.

Learn more about prices here:

brainly.com/question/26075805

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5 0
2 years ago
A bakery buys sugar in 15-pound bags. The bakery uses 5000 bags of sugar each year. Carrying costs are $20 per bag per year. Ord
Marianna [84]

Answer:

the total cost of ordering and holding sugar is $1,000 per year

Explanation:

<em>Step 1 Calculate the Economic Order Quantity(EOQ).</em>

EOQ = √(2×Total Demand×Ordering cost)/ Holding Cost per Unit

        = √(2×250×20×5)/20

        = 50

<em>Step 2 Calculate the total  cost of ordering and holding sugar</em>

Total cost = Ordering Cost + Holding Cost

                = (250×20)/50 × $5 + 50/2 × $20

                = $500+$500

                = $1,000

Therefore,  the total cost of ordering and holding sugar is $1,000 per year

3 0
4 years ago
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