Answer:
Let Sanguine Wines Ltd. refer to a hypothetical company for the purpose. Following would constitute Sanguine Wines Ltd's variable costs:
- Raw Material or input prices: The raw material or inputs of sanguine wines limited purchases from suppliers such as dried grapes, sugar and the likes. The price of such inputs is prone to seasonal fluctuation and thus variable
- The performance related incentive for employees for number of bottles of wine created, would be variable cost as it would vary with the no of bottles produced.
- Discount allowed to distributors which varies based upon the number of bottles purchased by them.
- Commission paid to wine salesperson which varies with respect to bottles sold.
Answer:
Money is called any element that works in a given territory as a method of exchange of wealth and as a reserve of value, that is, it can be exchanged between individuals for other goods, and that in turn can be accumulated by each individual to add to your personal wealth. In this context, almost any item that has been commonly accepted as having these characteristics can be considered money. However, there are circumstances in which, either due to their lack of storage practicality, or their high value in itself, certain elements escape this possibility. This is the case of a gold ring, whose excessively high value and the impossibility of its fractionation take away the possibility of being used as a method of exchange.
Answer:
The interactions between those who sell and those who buy drive the market in a capitalist economy.
Explanation:
Answer:
They did everything wrong. Imagine how many people would like to buy "poop soup" in the US, and it's true, poop soup exists and is a type of vegan soup.
The criteria that Dr Pepper / 7UP forgot to consider is that your brand doesn't have negative connotations in local languages.
Probably no one at Dr Pepper / 7UP knows how to speak Chinese, but they could have hired someone to tell them if their brand name had favorable or unfavorable phonetic associations in Chinese.
Depreciating Assets could be anything you own that is losing its value. It could be in the form of stocks, valuables, a car, a house.
