Answer: Cost leadership strategy
Explanation: Under the cost leadership strategy the organisation tries to dominate the market by offering the lower price. The lowering of price could be done by producing at a high level and benefiting from economies of scale.
In the given case, Travelocity is decreasing its costs by diversifying its business and operating at a high level. The higher the customer turnover they get the lower they can charge prices for earning the target profit.
Hence, from the above we can conclude that this is an example of cost leadership strategy.
Answer:
= Increases consumption expenditure by increasing disposable income, thereby shifting the IS curve to the right
Explanation:
= Increases consumption expenditure by increasing disposable income, thereby shifting the IS curve to the right= Increases consumption expenditure by increasing disposable income, thereby shifting the IS curve to the right= Increases consumption expenditure by increasing disposable income, thereby shifting the IS curve to the right= Increases consumption expenditure by increasing disposable income, thereby shifting the IS curve to the right= Increases consumption expenditure by increasing disposable income, thereby shifting the IS curve to the right= Increases consumption expenditure by increasing disposable income, thereby shifting the IS curve to the right= Increases consumption expenditure by increasing disposable income, thereby shifting the IS curve to the right= Increases consumption expenditure by increasing disposable income, thereby shifting the IS curve to the right= Increases consumption expenditure by increasing disposable income, thereby shifting the IS curve to the right
Answer:
The answer is: A) Enjoying financial resources equal to or greater than those of the traditional sovereign state does not necessarily entail an acceptance of the obligations traditionally accepted by such a state.
Explanation:
The fact that corporations are now wealthier than many countries doesn´t mean that corporations will change the way they do business. A corporation basically exists to earn the largest possible profit, that is the main and final goal of every single corporation in the world (that is true for every for profit organization no matter its size). Corporations are not countries, they don´t have the same goals as governments and hopefully they will never replace them.
Procter & Gamble is a multinational corporation that manufactures and markets many household products is our goal is to use every opportunity we have no matter how small to set change in motion. To be a force for good and a force for growth. Compute Procter & Gamble's receivable turnover ratio and its inventory turnover ratio.
Ans.1a Account receivables turnover ratio = Net credit sales / Average trade receivables
74756 / 6447
11.60 times
*Net credit sales = Total sales * 90%
83062 * 90%
74756
*Average receivables = (Beginning receivables + Ending receivables / 2
(6508 + 6386) / 2
6447
Ans.1b Inventory turnover ratio = Cost of goods sold / Average inventory
42362 / 6834
6.20 times
Cost of goods sold = Total sales - Gross profit
83062 - (83062 * 49%)
42362
*Average inventory = (Beginning inventory + Ending inventory) / 2
(6909 + 6759) / 2
6834
Ans.2a Days' sales in accounts receivables = No. of days in year / Receivables turnover ratio
365 / 11.60
31.47 days
Ans.2b Days' sales in inventory = No. of days in year / Inventory turnover ratio
365 / 6.20
58.87 days
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