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tiny-mole [99]
3 years ago
6

Describe at least one global trend that you think offers a business opportunity in the global marketplace?

Business
2 answers:
Amiraneli [1.4K]3 years ago
8 0
Well something that is a global trend here is the advancements in technology. This is because it allows business to be done quicker and more efficiently by optimizing time and energy.
fredd [130]3 years ago
7 0

Answer:

Online sales

Explanation:

Online sales are a trend that has set itself with great potential and are changing the ways of marketing and consuming goods and services. Before this trend, people went to stores to buy. This still exists, but a good portion of the population prefers to shop online without leaving the comfort of home. So when opening a business I consider it of utmost importance to invest in an online sales platform.

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Soap Company manufactures soap X and soap Y and can sell all it can make of either. Hours available to produce the products are
Nastasia [14]

Answer:

It would take 162 minutes to make one unit of product X.

Explanation:

Giving the following information:

Hours available to produce the products are the constrained resources.

Soap could reduce the processing time for X by 10 percent.

X Y

Sales Price $20 $25

Variable Cost 14 15

Hours needed to process 3 5

<u>First, we need to determine the number of minutes required to make one unit of Product X under the new method:</u>

Number of minutes required= (3*60)*0.9= 162 minutes.

It would take 162 minutes to make one unit of product X.

B) False. The contribution margin per hour of Product B is higher than product Y.

C) False. The contribution margin per hour of $2 was before the improvement in product X.

D) False. Product Y has a higher contribution margin per unit but lower compared to the contribution margin per hour.

6 0
3 years ago
Suppose a four-period weighted average is being used to forecast demand. Weights for the periods are as follows: w t-4 = 0.1, w
Bingel [31]

Answer:

Option (e) is correct.

Explanation:

Given that,

Weights for the periods:

w_t-4 = 0.1,

w_t-3 = 0.2,

w_t-2 = 0.3

w_t-1 = 0.4

Demand observed in the previous four periods:

A_t-4 = 380

A_t-3 = 410

A_t-2 = 390

A_t-1 = 400

Demand forecast for period t:

= (w_t-4 × A_t-4) + (w_t-3 × A_t-3) + (w_t-2 × A_t-2) + (w_t-1 × A_t-1)

= (0.1 × 380) + (0.2 × 410) + (0.3 × 390) + (0.4 × 400)

= 397

6 0
3 years ago
A trucking company must deliver a product to a location 150 miles away. The company must pay the driver a wage of $14 per hour.
topjm [15]

Answer:

Speed of the truck should be 64.03 miles per hour to minimize the cost.

Explanation:

Data provided in the question:

Distance = 150 miles

Wage = $14 per hour

Cost of fuel = ( v² ÷ 250 )

Now,

Total time taken = Distance ÷ speed

= 150 ÷ v

Therefore,

Total cost, TC = Wage + Cost of fuel

= $14 × (150 ÷ v) +  ( v² ÷ 250 )

= \frac{2100}{v}+\frac{v^2}{250}

for point of minima differentiating with respect to 'v'

TC'(v) =  -\frac{2100}{v^2}+\frac{2v}{250} = 0

or

-\frac{2100}{v^2}+\frac{2v}{250} = 0

or

\frac{v}{125}=\frac{2100}{v^2}

or

v³ = 2100 × 125

or

v = ∛262500

or

v = 64.03 miles per hour

hence,

Speed of the truck should be 64.03 miles per hour to minimize the cost.

6 0
4 years ago
During a liquidation, capital deficiency means that at least one partner has a (debit/credit) balance in his or her capital acco
photoshop1234 [79]

During a liquidation, capital deficiency means that at least one partner has a (debit/credit) balance in his or her capital account at the point of final cash distribution, which means that debit ( deficiency means partner has debit in capital).

<h3><u>What is liquidation of capital ?</u></h3>
  • In the fields of finance and economics, liquidation refers to the process of closing down a firm and distributing its assets among claimants.
  • It is an occurrence that typically takes place when a business is bankrupt, or unable to make its debt payments on time.
  • As business activities come to an end, the residual assets are distributed to shareholders and creditors according to the order of priority of their claims. General partners might be dissolved.
  • The sale of subpar goods at a price below what it would cost the company to produce them or below what the company would want to charge is referred to as "liquidation."

To view more questions on Liquidation, refer to: brainly.com/question/23987428

#SPJ4

7 0
2 years ago
he _____________, fill in the blank, of an item is the amount the concession owner paid for the item plus the cost of paying con
xenn [34]

Answer:

Cost

Explanation:

The cost of an item represent the value in which the concession paid by the owner for the item. In addition to this, the concession cost would stand the workers to prepare and serve it

So according to the given situation, the cost would be considered and relevant too

So here in the place of the fill of the blanks the cost would come

4 0
3 years ago
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