All categories

3 years ago

What is the highest degree a person must reach to be in management

Business

2 answers:

alexgriva [62]3 years ago

8 0

Associates degree is what you will need in order to reach degree in management

MAXImum [283]3 years ago

6 0

thats wrong downw there. the answer is masters degree and license for oddeysey

You might be interested in

2. An electronics manufacturing firm is currently manufacturing resistors that have a variable cost of $0.50 per unit and a sell

SCORPION-xisa [38]

Answer:

a. Should the firm buy the new equipment?

no, because operating profit will decrease

b. What is the minimum price the company would have to charge in order for the new equipment to be worth purchasing (assuming the higher or lower price doesn’t affect the 500,000 unit volume)?

$1.02 per unit

Explanation:

contribution margin per unit = $0.50

total units sold = 300,000

fixed costs = $100,000

operating income = (300,000 x $0.50) - $100,000 = $50,000

if the firm improves the quality of their products:

contribution margin per unit = $0.40

total units sold = 500,000

fixed costs = $160,000

operating income = (500,000 x $0.40) - $160,000 = $40,000

if you want to keep operating income at $50,000 then minimum sales price should be:

500,000 = $210,000 / contribution margin

contribution margin = $210,000 / 500,000 = $0.42

sales price = contribution margin + variable costs = $0.42 + $0.60 = $1.02 per unit

5 0

3 years ago

His income increased dramatically;from$5000 a year to $60,000 a year. Jim decides that instead of using the bus, he would buy a

svet-max [94.6K]

Answer:

This implies that bus is an inferior good and car is a normal good.

Explanation:

Initially, Jim's income was $5000 a year.

As his income increases to $60,000 a year, he decides to buy a car instead of using the bus.

In other words, with the increase in income, the demand for traveling by bus is declining.

This implies that it is an inferior good.

The demand for the car is increasing with an increase in income.

So, the car is a normal good.

An inferior good can be defined as a product that shows negative elasticity. This means with an increase in income its demand declines an vice versa.

A normal good can be defined as a product that shows positive income elasticity. That is, its demand increases with rise in income and vice versa.

4 0

3 years ago

A company began the year with assets of $117,000, liabilities of $28,500, and stockholders' equity of $88,500. During the year a

algol [13]

Answer:

Change in liabilities = $33,300

Explanation

<em>According to the accounting equation, assets is equal to liabilities + equity. And this equation can be re-written as:</em>

Liabilities = assets - equity

Liabilities at the end of the period = assets at the end - equity at the end

Assets at the end= 117,000 + 56,700= 173,700

Equity at the end = 88,500 + 23,400 = 111,900

Liabilities at the end = 173,700 - 111,900=61800

Change in liabilities = Liabilities at the end - Liabilities at the beginning

Change in liabilities = 61,800 - 28,500= $33,300

8 0

3 years ago

New brands with a small market share tend to spend proportionately more for advertising and sales promotion than those with a la

mestny [16]

Answer:

b. New brands require higher spending to reach a minimum level of exposure needed to affect purchase habits

Explanation:

New brands with a small market share tend to spend proportionately more for advertising and sales promotion than those with a large market share because a certain minimum level of exposure is needed to measurably affect purchase habits.

3 0

3 years ago

Clicking the Format Painter once will allow you to apply the copied formatting repeatedly.

kicyunya [14]

The second answer is correct hope that helps

7 0

3 years ago