People often have different suggestions and may or may not agree with each other. Due to groupthink, Amaya did not voice her concern as she did not want to appear unsupportive of the team.
- Groupthink is known to be a situation that takes place when a group of individuals arrive at a consensus without critical reasoning or looking into the repercussions or alternatives.
It is often based on a common desire not to anger the balance of a group of people.
It can also be regarded as a psychological phenomenon where individual strive to meet a consensus within a group.
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Answer:
Variable expenses = $50,000
Explanation:
Given:
Sales price = 50,000 x $10 = $500,000
Fixed costs = $350,000
Net income = $100,000
Find:
Variable expenses
Computation:
Variable expenses = Sales price - Fixed costs - Net income
Variable expenses = $500,000 - $350,000 - $100,000
Variable expenses = $50,000
Answer:
Explanation:
Please check attachment for the solution to the question.
Answer:
C. retailer
Explanation:
A retailer is a business entity that buys goods from manufacturers or wholesalers and sells them to the end-users. A retailer is, therefore, a middleman who helps customers acquire products from manufacturers.
There are several types of retailers classified according to their size and nature of business. Departmental stores are the largest retailers. They stock a wide range of products from electronics, jewelry, food items, furniture, clothing, to books, all under one roof. Other retailers include supermarkets, drugstores, restaurants, convenience stores, and discount stores.
Retailers make profits by buying goods at a wholesale or factory price and selling them at a higher retail price.
