Answer:
The type of scenario which is explained in which their is competition based pricing is called COMPETITIVE BID.
Explanation:
Here, it has been given that E-bay is a popular website. From this particular website people can buy and choose a variety of objects such as games, toys, face potato chips, game tickets, cars and many other interesting things.
The people on this site enter their amounts which they are willing to pay for that particular object on that site. By seeing this amount entered another one and other more people will enter some higher amounts for that particular object on the site.
Similarly some more other people will do same and choose more higher amount to be entered that they are willing to pay for that item or object.
SO, the type of scenario which is explained in which their is competition based pricing is called COMPETITIVE BID.
COMPETITIVE BID: This is referred to a process which is carried out by companies or individuals for the bid issuing that the companies or individual put together for a particular project, item or an object to get its best proposal.
It is also been passed by law and made mandatory for all the government agencies to follow it and does issual of the bid.
There are six processes in Bidding :
- First step goes in allocating the bigger opportunities.
- Second step is for determination of the process of bidding.
- Pre participation in bidding issues.
- submission of the bid
- Evaluating the bidding process and participate in the process
- contract winning.
Answer:
$0.89 per piece
$0.75 per miles
$22 per hour
Explanation:
The computation of the activity-based overhead rates for each pool is shown below:
Activity-based overhead rate = Estimated Overhead ÷ Estimated Use of Cost Driver per Activity
For Loading and unloading, it would be
= $79,200 ÷ 88,100 = $0.89 per piece
For Travel miles driven, it would be
= $441,750 ÷ 589,000 = $0.75 per miles
For logistic hours, it would be
= $62,040 ÷ 2,820 = $22 per hour
Answer: Option B
Explanation: In simple words, contingency planning refers to the planning which is done by an organisation to effectively respond to a problem that may arise in the future. This is done for those problems that affects the whole organisation.
Just like every other planning it also takes both internal and external environment into consideration. There is no fixed time frame for which the contingency planning is done.
Hence from the above we can conclude that the correct option is B.
Answer:
b. 23.8%
Explanation:
For computing the percentage difference, we have to compute the Pre-tax income of both corporations and the partnership
For corporations:
Pre-tax income = (1 - corporate tax rate) × (1 - personal tax rate)
= (1 - 0.34) × (1 - 0.30)
= 0.66 × 0.70
= 0.462 or 46.2%
For partnership:
Pre-tax income = (1 - personal tax rate)
= (1 - 0.30)
= 0.70 or 70%
So, the difference would be
= 70% - 46.2%
= 23.8%
Answer:
fall
Explanation:
The situation above can be best explained by using the "Liquidity Preference Theory." According to the theory when money supply increases (as in the situation above), the interest rate falls. So, this means that many people will be more willing to invest, thereby resulting to a higher income. On the contrary, if the money supply decreases, the interest rate rises. This may temporarily increase the employment condition, however, it can lead to inflation in the long-run.
So, this explains the answer.
