Kaia's conceptual abilities are demonstrated by the aforementioned scenario.
<h3>What is the meaning of skills?</h3>
Ability to perform is referred to as skill. The abilities acquired to carry out particular tasks. It needs experience that has been developed through persistent work in certain areas.
Activities such as printmaking, photography, ornamental arts, music, painting, film, literature, and architecture were all considered skills.
Conceptual abilities are the Conceptual talents are the capacity to understand a complex circumstance or issue and offer a more unique and useful solution.
Thus, it may be said that the provided illustration demonstrates conceptual skills.
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Answer:
Economies of scope
Explanation:
Economies of scope is a benefit that a company has by producing a a wide range of products or services which reduces the unit cost. In this case of a financial institution, offering more credit cards to a large number of people will help them achieve their desired cost savings. Economies of scope is achieved when it provides a business with ways to generate operational efficiencies.
In the case of snack corp, when the price they sell their product at is <u>below</u> the average cost of production, profits are <u>negative</u> due to<u> </u><u>negative</u> average profit.
Average profit is defined as total profit divided by performance, or total profit for each period divided by a number of periods. The formula for calculating average profit is Average Revenue - Average Cost = Average Profit.
But in general, small businesses have healthy profit margins between 7% and 10%. However, be aware that certain companies may have lower profit margins. B. A retail or food company. This is because overhead costs tend to be high. Average profit is calculated by dividing the total profit for the year by the number of years of profit.
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Answer:
Explanation:
Adams division:
Net income - 605000
Minimum acceptable income = [Total capital employed*Rate of return] = 4000000*0.08=320000
Residual income= NI-Minimum acceptable income=605000-320000=285000
Jefferson division:
Net income - 315000
Minimum acceptable income = [Total capital employed*Rate of return] = 3250000*0.08=260000
Residual income= NI-Minimum acceptable income= 315000-260000= 55000