Answer:
$28
Explanation:
Step 1:
If a company sells a product at $60 each and makes a sale of $15,000, the number of units of items produced is
$15,000 ÷ $60 = 250 units.
Step 2:
To calculate the company's contribution margin per unit,
we have, (unit selling prices - unit production cost)
unit selling price is #60
unit cost of production is (total cost of prodcution ÷ number of units)
total cost of production is $4,000+ $1,000+ $2,000+ $1,000 = $8000
Unit cost of production is $8000 ÷ 250 = $32
i.e it takes $32 to manufacture 1 product.
Contribution margin = $60 - $32
= $28
∴ the contribution margin is $28.
Cheers.
Explanation:
The long-running debate between the ‘rational design’ and ‘emergent process’ schools of strategy formation has involved caricatures of firms' strategic planning processes, but little empirical evidence of whether and how companies plan. Despite the presumption that environmental turbulence renders conventional strategic planning all but impossible, the evidence from the corporate sector suggests that reports of the demise of strategic planning are greatly exaggerated. The goal of this paper is to fill this empirical gap by describing the characteristics of the strategic planning systems of multinational, multibusiness companies faced with volatile, unpredictable business environments. In-depth case studies of the planning systems of eight of the world's largest oil companies identified fundamental changes in the nature and role of strategic planning since the end of the 1970s. The findings point to a possible reconciliation of ‘design’ and ‘process’ approaches to strategy formulation. The study pointed to a process of planned emergence in which strategic planning systems provided a mechanism for coordinating decentralized strategy formulation within a structure of demanding performance targets and clear corporate guidelines. The study shows that these planning systems fostered adaptation and responsiveness, but showed limited innovation and analytical sophistication
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Hope these help!!!
Answer: decrease ; less saving
Explanation:As people attempt to save more, the result is both a decline in output and unchanged saving. Although people want to save more at a given level of income, their income decreases by an amount such that their saving is unchanged. As people save more at their initial level of income, they decrease their consumption. But this decreased consumption decreases demand, which decreases production. A change in autonomous spending has a different effect on output than the actual change in autonomous spending.
