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2 years ago

Jane Hernandez owns and operates a women’s clothing shop. Her product mix

Business

1 answer:

natulia [17]2 years ago

8 0

Answer: Our group will suggest strategy of Contraction of product mix

Explanation:

Our group will suggest a contraction of the product mix strategy. As per this strategy, we can eliminate one or more product lines or product items from the product mix. This will contract our product mix. The products like medical uniforms and women jeans which are having no sale and are not profitable now can be eliminated.

A company can target the customer for those products which are still in the product mix.

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Research that investigated what behaviors were employed by effective leaders suggested that there are two types of leader? behav

hichkok12 [17]

Answer:

task-focused; employee-focused

Explanation:

8 0

2 years ago

Amos, Inc. uses a standard cost system with the following labor standards for one unit of product: standard hours 0.2 and standa

andriy [413]

Answer:

$529.34 favorable and $1,111 unfavorable

Explanation:

The computation of the direct labor rate variance is shown below:

= Actual Hours × (Actual rate - standard rate)

= 3,781 hours × ($41,066 ÷ 3,781 hours - $11 per hour)

= 3,781 hours × ($10.86 per hour - $11 per hour)

= $529.34 favorable

And, the efficiency variance is

= (Standard hours - Actual hours) × standard rate

where,

Standard hours is

= 18,400 units × 0.2

= 3,680 hours

Actual hours is 3,781 hours

So, the efficiency variance is

= (3,680 hours - 3,781 hours) × $11

= $1,111 unfavorable

7 0

2 years ago

A teacher instituted a new reading program at school. after 10 weeks in the program, it was found that the mean reading speed o

Bess [88]

Answer:

0.0139

Explanation:

Given that:

The number of sample (n) = 21

The sample distribution has mean (μ) and a standard deviation of σ/√n

The z score is given as (x - mean)/ standard deviation

x = 94.8 wpm, let us assume that σ = 10 and μ = 90

Therefore: z = (x - μ) / (σ/√n) = (94.8 - 90) / (10/√21) = 2.2

To calculate the probability using Z table:

P(X>94.8) = P(Z>94.8) = 1 - P(Z<94.8) = 1 - 0.9861 = 0.0139

The probability is low that is less than 0.05, the program is more effective than the old one.

5 0

2 years ago

Read 2 more answers

What is artificial selection

rusak2 [61]

Artificial selection is the intentional reproduction of individuals in a population that have desirable traits. In organisms that reproduce sexually, two adults that possess a desired trait — such as two parent plants that are tall — are bred together.

7 0

3 years ago

Read 2 more answers

Setting prices for products and services requires entrepreneurs to balance a multitude of complex forces as entrepreneurs determ

Kobotan [32]

Answer:

produce a profit

Explanation:

Price refers to the amount of money that is paid by one party to another to acquire a particular commodity or in return for unit of commodities. Some of the factors that determines the price of a commodity include cost of production, product demand, product supply, targeted profit, and among others.

A profit is the amount earned from selling a commodity minus the amount expended to purchase, operate, or produce the commodity.

The primary aim of an entrepreneur is to make a profit, and price setting is one of the important activities that influences a profit. Since the higher the price, the higher may be the profit. However, a higher price may also dicourage customers from buying a product and then reduces profit.

Therefore, setting prices for products and services requires entrepreneurs to balance a multitude of complex forces as entrepreneurs determine prices for their goods and services that will draw customers and produce a profit.

3 0

3 years ago