False. Average fixed costs are totally different from average variable costs. They can only be equal if by chance the fixed costs are equal to variable costs for a specific level of production
Answer: Factory
Vehicles
Equipment
Explanation:· A fixed asset is a long-term tangible asset a company owns and uses in its production activity to earn an income.
The computer isn't a fixed asset to Andrew because he doesn't use it in his production process.
Answer:
= 0.008
Explanation:
Base on the scenario been described in the question , to develop a p-chart, first calculate as shown below:
P bar= total number of defective units from all samples /(number of samples ×sample size)
= 100/(12×1000)
= 100/12000
= 0.008
Thus, the p bar is 0.008
Answer:
A. The world's largest discount store Wal-Mart seeks vendors to supply products made exclusively for its stores.
Explanation:
Taking into consideration the <u>bargaining power of a buye</u>r in the Porter's Five Forces model, here it is evident that Wal-Mart is the only example of a strong, omnipresent buyer that can surely dictate the terms of the offer. Every vendor would want to sell their produce to Wal-Mart, due to their wide customer base and presence of numerous stores.
Answer: Business ethics
Explanation: Business ethics is that branch of ethics, which examines the problems that arise due to unethical behavior of employees within an organisation. Such a behavior can result into serious issues like insider trading or false whistle blowing etc.
Business ethics helps to form the guidance on value and norms that an employee should follow in the form of code of ethics.
