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monitta
3 years ago
14

What are business functions

Business
1 answer:
Roman55 [17]3 years ago
8 0

Business functions are the activities carried out by an enterprise; they can be divided into core functions and support functions. Core business functions are activities of an enterprise yielding income: the production of final goods or services intended for the market or for third parties

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In a planning context, A. open facts are preferred to closed facts. B. None of the choices are correct. C. new facts are preferr
Snowcat [4.5K]

Answer:

The correct answer is letter "A": open facts are preferred to closed facts.

Explanation:

While planning a project, open facts are those that have not happened yet in contrast to closed facts that are those that already occurred. Managers prefer to start from the bottom while planning since it is better to explore the new path with a "clean sheet" than being subject to events that already took place and condition the course of a project.

<em>Open facts, then, are more preferred than closed facts.</em>

5 0
3 years ago
Ichabod Industries has a Latin American Division, a European Division, an Industrial Lubricants Division, and a Food Service Div
Naily [24]

Answer:

Answer is option A i.e. hybrid combination.

Explanation:

A hybrid combination organizational structure can be that is basically the combinations of two or more structures. This is due to the reason that the organization might have a dynamic work environment where people from diversified backgrounds come along to work together.

4 0
3 years ago
"Lyla is a little more efficient at making potato soup than Jose. She is a lot more efficient than Jose at making bread. They de
uysha [10]

Answer:

Making bread

Explanation:

Lyta has to specialize in making bread. By specialization, it means that lyta should focus it's productive efforts on making bread, because from the question she clearly has an absolute advantage in making bread Since the question says she is more efficient in making bread compared to the other product. It means she can produce bread in larger quantities at same cost or she can produce same quantity of bread at lower cost.

5 0
3 years ago
Wyandotte Chemical Company sells various chemicals to the automobile industry. Wyandotte currently sells 30,000 gallons of polyo
JulijaS [17]

Answer:

a.–7.5% or -0.075

bi.$35,321

bii.$8,271

biii.$27,050

Explanation:

Wyandotte Chemical Company

a.

ED = %ΔQD / %ΔP

–2.0 = 15% / %ΔP. (15% more sales)

%ΔP = 15% / -2.0

%ΔP = –7.5% or -0.075

b.

Using the arc price formula, the new price will be:

%ΔP = P2 – P1/ [(P2+ P1)/2]

–0.075 = (P2– 15.00)/ [(P2+ 15)/2] -0.075P2– 1.125 = 2P2– 30

-2.075P2= -28.875

P2= $13.92

ΔP = $15 –$13.92 = $1.08

Finding new quantity using the arc price formula:

%ΔQ = Q2 – Q1/ [(Q2+ Q1)/2]

0.15 = (Q2– 30,000)/ [(Q2+ 30,000)/2]

Q2= 34,865 gallons (QUANTITY SOLD)

Therefore impact of the price cut on the following are:

i). On Total Revenue:

TR = P · Q

Before cut price: TR1, = 15(30,000) = $450,000

After cut price: TR2= 13.92(34,865)

= $485,321,

Consequently, ΔTR = $35,321 (change in total revenue)

ii). On Total Cost: we first find the FC and VCBefore price cut:

FC1=$90,000

After price cut: FC2= $90,000

VC per unit = $6.00 – 0.60 = $5.40

VC2= $5.40 × 34,865 = $188,271

TC2= FC + VC = 90,000 + 188,271 = $278,271

ΔTC = $8,271 (change in total cost)

iii). On Total Profits (π):

Before price cut: π, = $450,000 – $270,000 = $180,000

After price cut: π2= $485,321 – $278,271 = $207,050

(ΔTR - ΔTC = Δπ: $35,321 - $8,271 = 27,050)

4 0
3 years ago
The risk-free rate is 2.3 percent and the market expected return is 12 percent. What is the expected return of a stock that has
andrew-mc [135]

Answer:

The expected return = 10.739.

Explanation:

Given risk-free rate of return = 2.3 per cent

Market expected return = 12 percent  

The value of beta = 0.87

Use the below formula to find the expected return.

The expected return = Risk free rate of return + Beta × (Market expected return - risk free rate of return)

The expected return = 2.3 + 0.87 (12 – 2.3)

The expected return = 10.739

7 0
3 years ago
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