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Julli [10]
3 years ago
13

In forecasting revenue, projecting changes in future selling prices for a firm's products depends on factors specific to the fir

m and its industry that might affect demand and price elasticity. Which of the following companies would most likely not be able to increase prices in the near future?A. A firm in a capital-intensive industry in which excess capacity exists.B. A firm operating in an industry that is transitioning from the introduction phase to the high-growth phase of its life cycle.C. A firm operating in an industry that is expected to maintain its current production processes.D. A firm in a capital-intensive industry that is expected to operate near capacity
Business
1 answer:
vekshin13 years ago
5 0

Answer:

The company that is most likely not be able to increase prices in near future is Option A: A firm in a capital-intensive industry in which excess capacity exists.

Explanation:

Capital intensive industry are the industries that require huge investments as they are ones which have big machinery and infrastructure. They make huge profits as well. Initially industrial progress was expensive and people faced many problems in their business in the late 19th century. The start up costs of these bug industries used to extremely high.

Excess capacity means a situation where the demand for the goods is less than productive capacity. Thus, Option A industries are very less likely to increase prices in near future as it has excess capacity.

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As a student in the Principles of Management class of Ama Ghana University, you are expected to have experiential knowledge so t
ser-zykov [4K]

Answer:

The organization structure is not clearly defined, Managers are performing duties in various departments at a time.

Explanation:

San Consulting is one of the finest consulting firm in the Greater Accra Region. The firm is always a first choice for individuals who want to pursue their career in business. The Organizational structure of San Consulting is not clearly defined. San's profits are falling because management practices are not according to the other competitive organizations. The managers working at San are facing excess workload and pressure for their work. Their job descriptions is not clearly defined and they are forced to work in multiple departments at the same time due to which they are losing focus on their own work.  

Questions 1: Planning, organizing, leading and controlling

Question 2: The organizational structure needs to be set and every employee should have their defined job role so they are able to complete work with efficiency.

Question 3: The profits of San consulting will rise as there will be less duplication of work and every employee will be able to focus on their own task and will work with efficiency.

Question 4: Matrix. The matrix organizational structure is not suited in this organization. The right organizational structure for San consulting will be Functional Structure.

Question 5: (i) The profits for San Consulting will decline

(ii) The profit will rise because employee will focus more on their specific tasks.

1B. Yes agree. The managers need to focus on the external environment as well to identify the opportunities and threats present which can stimulate changes for the organization.

8 0
4 years ago
Blockbusting is an illegal practice where someone convinces homeowner to quickly sell their property below fair market value by
Rzqust [24]

Answer:

True

Explanation:

Blockbusting is grabbing the land of the real owners by deceiving them in terms like saying them that the surrounding land will be owned by uncivilized black people (a tastic used in some 1900s), religions that are threat to your coming offsprings and stuffs like that to emotionally force the white owner to sell their property at below fair value. Then later the land was sold to other customers at above fair value due to provision of facilities that were rare in those days.

6 0
3 years ago
uipment with a book value of $65,300 and an original cost of $133,000 was sold at a loss of $14,000. Paid $89,000 cash for a new
nataly862011 [7]

Answer:

$221,100

Explanation:

Investing activities: It tracks activities that include buying and selling long-term assets. The buying is a cash outflow whereas the selling is a cash inflow

The computation is shown below

Cash flow from Investing activities  

Add: Sale of equipment $51,300  ($65,300 - $14,000)

Less: Purchase value of a new truck - $89,000

Add: Sale of land $198,000

Add: Sale of long term investments $60,800

Net Cash flow from Investing activities $221,100

5 0
3 years ago
The Allowance for Bad Debts account had a balance of $7,300 at the beginning of the year and $10,100 at the end of the year. Dur
anygoal [31]

Answer:

Allowance for Bad Debts  

Debit -   Credit  

$ 10,600 -    $ 7,300  

         -   $ 13,400  

$ 10,600 -    $ 20,700 = 10,100

Explanation:

Balance at the Begining    

Allowance for Bad Debts   $ 7,300

=========================================    

Bad debt expense  $ 13,400  

Allowance for Bad Debts   $ 13,400

=========================================

Allowance for Bad Debts  $ 10,600  

Accounts Receivable   $ 10,600

=========================================

Balance at the End    

Allowance for Bad Debts   $ 10,100

=========================================

6 0
3 years ago
Given the following information, compute the total number of units for the period:
enyata [817]

Answer:

Total number of units produced for the period = 662 units

Explanation:

Total manufacturing cost = (Fixed overhead cost) + (Total direct labour cost) + (Total materials cost) + (Total Variable overhead cost)

Let the number of units produced be Q

Total manufacturing cost = $160705

Fixed overhead cost = $58000

Total direct labour cost = cost of direct labour per hour × number of direct labour hours = 2.7 × 13100 = $35370

Total direct materials cost = Direct material cost per unit × number of units produced = 75 × Q

Total variable overhead cost = 50% of total labour cost = 50% of 35370 = $17685

160705 = 58000 + 35370 + 75Q + 17685

75Q = 160705 - 58000 - 35370 - 17685

75Q = 49650

Q = 662 units

5 0
3 years ago
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