Using rational decision making process, the outcome would be favorable to the company.
Under this decision making process the problem will be recognized, criteria will be identified and weight on each criteria will be allocated.
Alternatives will be developed and evaluated against the stated criteria. The best alternative will be the one implemented.
In the above scenario, making use of customers preferred online platform will address the company's target of enlarging its social media presence in a cost-effective manner.
Answer:
Quota
Explanation:
The world's largest manufacturer of peppermint candy canes moved its manufacturing business from Albany, Georgia to Mexico as there are no restrictions on the amount of sugar that can be brought into this nation (like those that exist in the United States.
The business moved to Mexico because of <u>Quota</u> established by the U.S. government.
Answer:
$48,000
Explanation:
The working capital is the business asset that is used for day to day operation. It can be calculated as follows,
Working capital = Current assets - Current liabilities
So,
Working capital = $396,000 - $348,000 = $48,000
It can be verified with the following equation
Fixed assets + Working Capital = Shareholder Equity + Long term Liabilities
Which is,
Fixed assets + Working Capital = $512,000 + $48,000 = $560,000
Shareholder Equity + Long term Liabilities = $298,000 + $262,000 = $560,000
Hope that helps.
Answer:
D. Reduce Output but continue production
Explanation:
Since marginal cost equals average total cost, it can be deduce that she's operating at her most productively efficient region. But she's force to sell at a price lower than her average total cost which could indicate a loss in profit. This means that she should stop production. But then again, her average variable cost is less than the market price, therefore it is adviceable for her to reduce output but continue to produce.
