Beak-even point (BEP) in business is the point at which total cost and total revenue are equal. There is no net gain or loss, and one has "broken even", though opportunity costs have been paid and capital has received the risk-adjusted, expected return.
The formula for break-even is given by:
BEP=(Fixed Costs)/(Sales Price per Unit-Variable Cost per Unit)
From the above formula we can conclude that:
When Fixed costs reduces, the BEP decreases. Therefore the answer is [a]
Answer: B. To enhance the possibility that the angel investor will be repaid.
Explanation: Angle investor wants to be sure of what they are getting into and as such requires Chloe to come up with what is called an exit strategy which is very crucial as the future of a business might not be so certain. A business exit plan could be explained as a strategic workplan which a business owner may take at selling his business to investors either to make substantial profit or ensure damage limitation. Therefore, with a good exit strategy, business owners have a very good chance of making substantial profit or very little loss. This is why angel investor requires Chloe to come up with a defined exit plan, so they it can be sure that Chloe will repay her loan.
Answer:
When most every other rival company seems to be pursuing a low-cost/low-price/high- volume strategy Copying, redistributing, or website posting is expressly prohibited and constitutes copyright violation.
Explanation:
For differentiation strategy that provides a product with higher attributes than those provided by other competitors at a higher price to work the appropriate business environment must be in place.
The high quality product to be produced must not be subject to copying, redistribution, or website posting. If the product is protected by copyright laws the company will be the only seller in the market and will make high profits as a result of the product differentiation.
Also most other sellers will be focused on selling low-cost/low-price/high- volume products. This will create a customer pool that will prefer to purchase stylish high-quality athletic footwear.
Footwear with high" S/Q ratings (8.5 stars or higher) can be sold above-average prices
Answer:
<h3>Highly liquid assets are:
</h3><h3>e. include all intangible assets</h3>
Explanation: