Answer: Expert power
Explanation: Expert power is the personal power based on expert knowledge whereby the associates or another member of the company clearly have the awareness that the individual's skill and extensive experience will help in solving a particular problem or in decision-making. The person with such power is not necessarily a manager, it could be an employee who has the specialist abilities and proficiency that the others do not have.
However, this type of power gives the person holding it a high reputation and he or she gains some level of trust and respect from the managers, coworkers and the company as a whole.
Answer:
cash collections from credit sales that the company will include in its cash budget for the second month is $55,500
Explanation:
Second Month Cash Collections will include the following Cash flows:
(1) 60% of the 2nd month`s sales
(2) 35 % of the 1st month`s sales
<u>Therefore cash collections from credit sales :</u>
(1) 60% of the 2nd month`s sales ( $68,000×60%) = $40,800
(2) 35 % of the 1st month`s sales ( $42,000× 35 %) = $14,700
Total cash collections = $55,500
Answer:
Manufacturing and Merchandising businesses
Explanation:
The type of Business needed to make the product is known as MANUFACTURING business. This business buys raw materials and refined them into products that later sell in bulk to wholesalers.
On the other hand, Merchandising business is a form of business that involves buying refined products at wholesale price and then sell to the final consumers.
Hence, in this case, then Greece answer is MANUFACTURING and MERCHANDIZING Business.
<u>An increase in supply</u><u> means the supply curve has shifted to the right, while </u><u>an increase in quantity supplied </u><u>refers to a movement along a given supply curve in response to an increase in price.</u>
What would shift a supply curve down and to the right?
- In contrast, a drop in input costs will cause the supply curve to move to the right. Technology.
- An increase in technology will shift the supply curve to the right. Conversely, a decrease in technology will shift the supply curve to the left.
What does it mean when the supply curve shifts to the right?
- When demand is constant and supply is increasing, the supply curve moves to the right, creating an intersection where quantity and prices are lower.
- On the other hand, a negative change in supply causes the curve to move to the left, raising prices and lowering quantity.
Which would cause a shift in the supply curve ?
- When a change is brought about by a source other than price, the supply curve shifts.
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Answer: The correct option therefore is > upward sloping
Explanation:
When resources are limited in quantity, the cost of production would increase. Hence, in the long run, the supply curve will be upward sloping.
