Answer:
comparative advantage
Explanation:
Comparative advantage in finance is crucial for production because it helps nation to manufacture their goods with low opportunity cost compare to their co- partner in that production line.
Production which is an essential aspect in economics is a process of turning raw materials into finished goods are very crucial in each nation of the world and for economic process to be completed.
It should be noted that When nations increase production in their area of comparative advantage and trade with each other, both sides can benefit from it.
Answer:
Strengths, Weaknesses, Opportunities, and Threats analysis
Explanation:
Answer:
d.High inventory turnover and low gross margin
Explanation:
Inventory Turnover Ratio is ratio of 'cost of goods sold' to 'average inventory level'. Gross margin is the difference between net sales revenue & c.o.g.s
A small pizza restaurant, by Martinelli sisters, would be expected to have :
- High Inventory Turnover : It reflects that inventory is quickly converted into liquid cash, & there is less average inventory level management. Both these aspects are applicable to the pizza restaurant
- Low Gross Margin : Being a small restaurant, it is less likely to have competitive, high price charge advantage. So, the gross margins are expected to be low.
Answer:
Pbundle = $48, Ppedicure = $32, Pmanicure ≥ $24
Explanation:
Type pedicure manicure combined WTP
Sandals wearer $32 $8 $40
Boot wearer $24 $24 $48
Two possible bundle prices = 40 & 48
High bundle price low bundle price
P-bundle $48 $40
P-pedicure $32 $24
P-manicure $24 $16
The price of the services should be given as;
Pbundle = $48, Ppedicure = $32, Pmanicure ≥ $24
A good manager must first have a knowledge of the company's set of ethics and policies, and exercise it in an exemplary manner. Leadership is also an important factor for good management, a good leader should be open to dialogue, exercise inclusion and participation, assisting employees in their difficulties and motivating them with example, organization and discipline.
