Answer:
The correct answer is b. Take advantage of economies of scale and scope by opening a chain of lower priced economy hotels that leverage the Coastal Haven brand image.
Explanation:
The economy of scale refers to the power that a company has when it reaches an optimum level of production to produce more at a lower cost, that is, as production in a company grows, its costs per unit produced are reduced. The more it produces, the less it costs to produce each unit.
In other words, it means that if in a production function the quantity of all inputs used is increased by one percentage, the output produced can increase by that same percentage or increase by greater or lesser amount than the same percentage. If it increases by the same percentage, we would be faced with constant economies of scale, if it were in more, they would be growing economies of scale, if it were in less, in decreasing economies of scale.
In microeconomics, economy of scale is understood as the advantages in terms of costs that a company obtains thanks to the expansion and good synergies that it has applied to its competitive environment
.
The concept of "economies of scale" serves for the long term, and refers to reductions in unit cost as the size of an installation and the levels of input utilization increase. The usual sources of economies of scale are the inventory (large-scale purchase of materials through long-term contracts), management and logistics (increasing the specialization of managers), financial (obtaining lower interest costs in bank financing), marketing and technology (benefiting of the scale yields in the production function).
Answer: fire which is started in a waste paper basket.
Explanation:
Hazard is simply defined as the condition that will lead to an increase in loss. Property insurance are policies that can either offer liability coverage or property protection.
Property insurance include flood insurance, homeowners insurance, and earthquake insurance etc. In property insurance terminology, all of the options in the question are considered hazards except fire which is started in a waste paper basket. This is not a hazard as this is a waste that'll be disposed off
Answer:
The correct ending balance of cash on May 31 is $7,190
Explanation:
The bank reconciliation can be prepared as follows:
Peterson Company
Bank Reconciliation
At May 31
<u>Particulars $ </u>
Bank statement balance at May 31 yet to be reconciled 7,800
Add:
Cash deposited on May 31 yet to be credited 1,290
Less:
Outstanding check <u> (1,900) </u>
Adjusted bank statement balance at May 31 <u> 7,190 </u>
Peterson Company
Bank Reconciliation
At May 31
<u>Particulars $ </u>
Cash book balance yet to be reconciled 7,420
Less:
NSF check (170)
Service fee <u> (60) </u>
Adjusted cash balance at May 31 <u> 7,190 </u>
Since in each of the Adjusted bank statement balance at May 31 and the Adjusted cash balance at May 31 is equal to $7,190, it implies that the correct ending balance of cash on May 31 is $7,190.
Explanation:
definitely price offs..
example; ordering fresh food online; Usually, they will give you ( order 3 , next one free)...
this means; sign up 4 service, pay full price 4 3 meals get a meal free..
busy ppl. sign up 4 this; because time is limited 4 2 parents working full time. Helpful, since family time is important with child upbringing..
The Right-to-Know refers to workers' rights to information about chemicals in their workplaces. The federal lawthat provides these rights is the OSHA Hazard Communication Standard (29 CFR 1910.1200). Private-sector employers must provide chemicalinformation to their workers under the OSHA standard.