Answer: (A) Market-penetration strategy
Explanation:
The market penetration is one of the type of business strategy that helps in developing its growth in the market by using the existing goods and the services.
The main objective of the market penetration strategy is that it basically focuses on selling the products in the existing marketplace for the purpose of gaining the high share profit in the market.
According to the given question, the Market penetration strategy is basically pursing by Evans smith for increase the demand of the products in the market as it is one of the quick diffusion process.
Therefore, Option (A) is correct answer.
Answer: $545,000
Explanation:
Using the indirect method of formatting the Cash flow statement, the cash from operating activity is:
= Net income + Depreciation + Loss on sale of depreciable asset + Patent amortization expense + Accounts receivable decrease + Wages payable increased - Accounts payable decrease - Prepaid assets increased - Unearned revenue decrease
= 500,000 + 53,000 + 31,000 + 5,000 + 41,000 + 19,000 - 42,000 - 31,000 - 31,000
= $545,000
Leadership!! All successful supervisors have this. (Empathy and compassion, effective communication, and problem solving)
- hope this helps!
Since the cost of $20,000 has been incurred two years ago, the firm should check and see as to how many units of the product were produced in the two years. Did the firm produce enough items to break even the cost of acquisition. Additionally the business should also check the current market value of this two year old equipment. The business manager should weigh in the savings that is to be obtained from outsourcing along with the resale value of the old machine and then take a declension as to whether the company should go for outsourcing. Also, the business manager must examine whether the outsourcing can happen for the long run. This is because two years down the line, outsourcing may have increased the cost and again another process may look attractive. So a through cost benefit analysis should be made before taking a decision.
Answer:
b. Diminishing marginal returns
Explanation:
According to the law of diminishing returns, as more units of a variable input is added to a fixed income of production, output might increase at a point but after some time total output would increase at a decreasing rate and marginal product would be decreasing.
Due to the fact that Jim has seen the movie once, he would not derive the same level of satisfaction from watching the movie a second time. The utility he would receive from watching the movie a second time would be less than when he watched it a first time.
