<span>Answer:
Profit margin is calculated as-
Profit margin = Net profit / Revenue
Net profit= Revenue- Cost
Revenue = $16.25 million
Cost = $13.5 million + $2.7 million
Net profit = 16.25 million - (13.5 million + 2.7 million)
Net profit = $0.05 million
Profit margin = 0.05 / 16.25
Profit margin = 0.003077 or 0.3077%</span>
According to the four-level pyramid model, we have the following
1) Executive information systems.
2) Decision support systems.
3) Management information systems.
4) Transaction processing systems.
Having said that, An executive information system (EIS) is a decision support system (DSS) used to support senior executives in the decision-making process. It does this by presenting easy access to important data needed for strategic decisions about a company. EIS is also known as Executive support system (ESS)and it usually features graphical displays on an easy-to-use interface.
Executive support systems can be utilized in different types of companies to control and monitor business operations as well as to identify possibilities and problems. One of the major characteristics of EIS is that it is mainly used by senior executives.
Therefore, based on the above analysis, the C.E.O, Mr. Matthew, will make use of the EXECUTIVE INFORMATION SYSTEM to make strategic decisions.
Answer: Option (a) is correct.
Explanation:
Materials Costs = Units × Unit Material Cost
= 6,000 × $8
= $48,000
Conversion costs = Units × Percentage Complete × Unit Conversion Cost
= 6,000 × 75% × $12
= $54,000
Ending Work-In Process Inventory:
= Materials Costs + Conversion Costs
= $48,000 + $54,000
= $102,000
Hakim Goals
Explanation:
Hakim set goals for his store that included satisfying his customers while making enough money to open a second store. Which component of a goal did Hakim leave out :
1.Hakim didn't leave anything out.
2. Hakim forgot to include the overall strategy or course of action he would use to fulfill his mission.
3. Hakim forgot to include a time frame in which the goal is to be achieved.
4. Hakim forgot to include exactly how much profit he wanted to make.
5. Hakim forgot to include what his store's purpose and basic philosophy are.
Answer:
The Answer is Capital.
Explanation:
In Economics, we identify that there are 4 main factors that contribute to the production, we call them "factors of production" and they are,
- Land: Not just "land" but also includes all the natural resources that could be extracted and used for any production purposes.
- Labor: Mental and physical efforts carried out by humans in the production process.
- Capital: Assets or anything that can enhance/boost the ability to produce. Usually, these are generated or created as a result of human interventions and efforts.
- Entrepreneurship: the set of skills required to coordinate and manage the process of production successfully.
So, under which category of factors that the computers fall under? Simple right? Its 3.Capital! because they are assets that are created by humans to aid in enhancing the production capabilities!
