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3 years ago

A company's strategy has a chance of succeeding only when it is predicated on:

Business

1 answer:

jonny [76]3 years ago

5 0

Answer:

actions, business approaches, and competitive moves aimed at appealing to buyers and setting the company apart from rivals.

Explanation:

Competition occurs in the market when companies that produce similar goods and services must contest for consumers to patronise them. Competition is aimed at increasing revenue and gaining market share for the business.

Competition can be direct where products offered are similar, or indirect where products offer are not the same.

A company will only have a chance of succeeding if products are differentiated from those offered by competitors through the firm's actions and competitive moves.

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a consumer faces a tradeoff between labor (????) and leisure (????). she consumes a composite good (????). when the consumer wor

disa [49]

Trade-off

A trade-off is a situational decision in which one quality, quantity, or feature of a set or design is reduced or lost in exchange for gains in other areas. A tradeoff occurs when one thing increases while another must decline.

What is consumer's real wage?

Real earnings are salaries that have been factoring in inflation, or wages in perspective of the amount of services and goods that may be purchased.

Main Content

$606

Given the answers to the question, the complete or implicit income of the consumer would be determined as follows:

When the customer works, she earns an hourly wage of $17.00, therefore when she works for 24 hours, she will earn:

=$17 $\times$ 24

=$408

Also, when the customer sells all the 17 units of the composite good, she will earn:

=$11 $\times$ 18

=$198

Therefore, the customer's full income would be:

=$408+$198

=$606

To learn more about Trade-off

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6 0

1 year ago

Dawson Toys, Ltd., produces a toy called the Maze. The company has recently established a standard cost system to help control c

svlad2 [7]

Answer:

1. a. The materials price and quantity variances

Material price variance: Standard cost per micron is $1.50 and actual cost per micron is $1.48. So, price variance is 1.48 - 1.5 = $(0.02) per micron

Quantity variance: Based on standard bill of material, Dawson Toys need 3,000 x 6 = 18,000 microns to produce 3,000 Maze toys. Actual consumption volume is 25,000 - 5,000 = 20,000 microns. So, quantity variance is 20,000 - 18,000 = 2,000 microns.

1. b. The labor rate and efficiency variances

Actual labor rate = Actual labor cost / Actual hour = 88,000/4,000 = $22 per hour.

Efficiency variance = Actual labor rate - Standard labor rate = 22 - 21 = $1 per hour.

2. Prepare a brief explanation of the possible causes of each variance.

Direct material cost variance: Total actual material cost is 20,000 x 1.48 = $29,600, higher than standard material cost of 18,000 x 1.5 = $27,000. This is mainly due to higher production waste as compared to standards.

Direct labor cost variance: Total actual labor cost is $88,000, higher than standard labor cost of 4,000 x 21 = $84,000. This is mainly due to lower labor rate per hour than expected.

Explanation:

5 0

2 years ago

Suppose the September Eurodollar futures contract has a price of 96.4. You plan to borrow $50m for 3 months in September at LIBO

bija089 [108]

Answer:

Explanation:

Definition of simple terminologies ;

A contractual agreement is an agreement which is made on future exchanges in order to buy or sell goods at a fixed price at a specified time period.

LIBOR stands for London interbank offered rate which is the rate at which banks borrow money from other banks in london market. this rate is a fixed term by the british bankers association.

a) The implied LIBOR of the September Eurodollar futures of 96.4 is = 100 96.4 /400-=0.9%

(b) As we want to borrow money, it implies buying protection against high interest rates, which means low Eurodollar future prices. We will short the Eurodollar contract.

c) Number of contact to be entered into = One Eurodollar contract which is based on a $1 million 3-month deposit. As such, entering into hedge a loan of $50M, will automatically implies entering into 50 short contracts.

d) A true 3-month LIBOR of 1% means an annualized position (annualized by market conventions) of 1% x 4 = 4%. Therefore, our 50 short contracts will pay: [96.4 − (100 − 4) × 100 × $25] × 50 = $50,000.

The increased interest rate has made the loan more expensive as such, the loss to exposure will be compensated hence we have to pay the following amount ; ($50,000,000 x 0.01) - $50,000

= $450,000

6 0

2 years ago

Employees may be required to sign, as a condition of employment, an agreement that they will not leave the company and go to wor

Fittoniya [83]

Answer:

Option "A" is the correct answer to the following question.

Explanation:

A non compete agreement is a type of deal under which an employee signs a document that states that the employee will neither leave the company nor join any of the companies or businesses Which can harm its employer in the competitive market. Such an agreement is made a non-compete agreement.

Such legal arrangements prohibit workers from joining industries or occupations which are considered directly competitive with the employer.

6 0

2 years ago

Imagine you are a manager prepare a memorandum (memo) to outlining the content in the video

Deffense [45]

Yes it goes that way

8 0

2 years ago