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3 years ago

What types of businesses are likely to have an informal corporate culture?

1 answer:

8 0

Informal corporate culture
-> organisations that value egalitarianism of ppl/ less power distance/ most manager discuss decisions with colleague
-> i think partnership and sole trader since tis kidda businesses have limited no of ppl

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Inflation is undesirable because it: Multiple Choice always makes the nation poorer. redistributes income from those who can rai

Firlakuza [10]

Inflation is undesirable because it redistributes income from those who can raise prices to those who cannot.

<h3>What is inflation?</h3>

In the field of economics, inflation refers to an overall rise in the cost of goods and services throughout a nation.
Each unit of currency may purchase fewer products and services as the general price level rises, hence inflation is associated with a decline in the purchasing power of money.
A general increase in prices over time diminishes customers' purchasing power because a constant quantity of money will eventually allow for less consumption.
Whether inflation is running at 2% or 4%, consumers still lose purchasing power; the higher inflation rate only doubles that loss.
Those interest rates that are fixed for the duration of the loan, won't fluctuate in line with inflation.

To learn more about Inflation refer to:

brainly.com/question/15692461

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8 0

2 years ago

When Teresa went into the furniture store to buy a new sleeper sofa, she thought the prices quoted by the salesperson were too h

Gnom [1K]

Answer:

c. flexible-price

Explanation:

A flexible pricing policy provides room for the business and the customer to negotiate for the final price of a product. In other words, the price indicated on the item is not fixed. The seller and buyer can agree to alter it either upwards or downwards.

A flexible pricing strategy enables a business to adjust its prices to suit the market demand. It will allow a company to counter low prices by competitors in cases of price wars. In some instances, businesses set slightly high prices to provide for negotiations. Flexible pricing is common, especially in tailor-made products.

6 0

3 years ago

Ma Barker Company has a job-order costing system and uses a predetermined overhead rate based on direct labor-hours to apply man

Sophie [7]

Answer:

Job 334 total cost: $ 8,400

Unit cost: 8,400 / 200 = $ 42

Explanation:

Total cost: Material + Labor + Overhead

Material: 5,000

Labor: 2,400

Overhead:

$\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate$

We distribute the expected cost over the expected base:

expected cost: 100,000

cost driver: 40,000 labor hours

cost per hour: 100,000 / 40,000 = 2.5 predetermined overhead

Now we multiply this rate by the hours of the job to know Applied Overhead:

job labor hours x overhead rate:

Job #334 had 2,400 labor cost / $6 rate per hour = 400 hours

400 x 2.5 = 1,000

Total cost: 5,000 + 2,400 + 1,000 = 8,400

7 0

3 years ago

Suver Corporation has a standard costing system. The following data are available for June

Anettt [7]

Answer:

The correct answer is C.

Explanation:

Giving the following information:

The actual quantity of direct materials purchased 20,000 pounds.

standard price of direct materials $ 7.00 per pound.

Material price variance $ 5,000 Unfavorable.

Material quantity variance S 2,500 Favorable.

Direct material price variance= (standard price - actual price)*actual quantity

-5,000= (7 - AP)*20,000

5,000= 140,000 - 20,000AP

20,000= 145,000AP

Actual price= 7.25

7 0

4 years ago

If you walk into a(n) __________, you will likely find a broad variety of merchandise, deep assortment, and customer service, wi

Naily [24]

Answer:

department store

Explanation:

A department store is a type of retailer that offers a wide range of diverse products. Each product group is classified into a department, thus the name "department store". When customers buy products, they usually check out near the exit of the whole department store, although there are some check-out counters in each department. Also, customer service is always present, mostly in the form of numerous sales clerks providing a helping hand.

They can include almost any range of products: toiletries, furniture, home decor, clothes, toys, hardware... Some famous examples are: Le Bon Marché in Paris, Selfridges in the UK, Macy's in the USA...

On the other hand, a discount store usually offers a broad product range, low prices, but little to none customer service. Specialty stores have a narrow target group as they offer a limited assortment.

5 0

4 years ago