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3 years ago

Describe a social enterprise

Business

1 answer:

adelina 88 [10]3 years ago

8 0

A social enterprise is a business that tries to solve

social problems, improve people’s lives, or the environment.

Social enterprises are businesses. They produce goods and services that earn money and make profits like any business but they are working to make a bigger difference, reinvesting the profits they make to do more good.

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The situation where one person's demand for a good depends on the consumption of the good by others is called a

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Network externality is the correct answer.

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If japanese cars surge in popularity in the united states, this event most likely will cause the japanese yen to ___________ and

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3 years ago

Why might workers dislike a lean production environment?

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Workers do not like to work in a lean production environment because there are fewer opportunities for an employee to advancement within the company. Pursuant to a leaner production line, more workers become stress due to higher levels of responsibility.

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3 years ago

Read 2 more answers

digby's product manager is considering lowering the price of the don product by $2.50 and wants to know what the impact will be

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Rigby's product manager is considering lowering the price of the don product by $2.50 and wants to know what the impact will be on the product’s contribution margin. Assuming no inventory carry costs, Don's contribution margin, if the price is lowered, will be 4.00%

“Contribution margin suggests you the mixture quantity of sales to be had after variable expenses to cowl fixed prices and provide earnings to the organization,” Knight says. you would possibly think about this as the part of income that allows offsetting fixed costs.

Contribution Margin = Net Revenue - Variable Expenses

Material Cost = 604 * 14.36 = 8673.44

Labor Cost = 604 * 7.09 = 4282.36

Current price = $35

Price is lowered by $2.5 ,then new price will be = $35 - $2.5 = $32.50

Therrefore, New Sales = 604 * 32.5 = $19630

Variable expenses = 8673.44 + 4282.36 = 12955.8

Contribution margin = 19630 - 12955.8 = 6674.2

Contrinution margin ratio = contribution margin / net sales

New Contribution margin = 6674.2/19630 = 34.00%

The contribution margin is beneficial for figuring out how income, variable costs, and fixed expenses all affect operating profit. It offers enterprise owners a manner of assessing how numerous income degrees will affect profitability.

Learn more about contribution margin here brainly.com/question/24881206

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1 year ago