Answer:
The correct answer to the following question is option B) the salary of the corporation president.
Explanation:
In the given question , all the options except option (B) , would be assigned to a particular product , while segmenting on a income statement. A product advertising cost which a company incurred while promoting the product, the direct material cost which a company while in the production of project and a production managers salary would also be included in the product cost. A corporations president who is in the higher level of management in the company, is responsible for making decisions regarding company's vision , strategy development , public relations etc , his or her salary would not be included in product cost.
Answer:
The firm will be having a negative profit of - $700.
Explanation:
The equilibrium price of the product is $3/unit.
The equilibrium quantity is 100 units.
The total fixed cost is $500 and total variable cost is $600.
The average variable cost is
= 
= 
= $6
The price is not covering the average variable cost, this implies that the firm is having a loss.
The economic profit will be
= TR -TC
= 
= $300 - $1,000
= -$700
Answer:
2. Focused differentiation
Explanation:
The business strategy of focused differentiation consists in increasing the amount of business sectors that a company operates.
In this example, Phillip Morris is using focused differentiation because it is adding 2 new business sectors to its operation, with the goal of increasing revenue. The first expansion is in the smokeless tobacco sector, and the second expansion is in the cigar manufacturing sector.
In other words, Phillip morris is trying to make smokeless tobacco products, and cigar products, focusing its differentiation strategy on the sectors it believes will produce the greatest amount of revenue.
Answer:
B) balanced scorecard-type reports.
Explanation:
The balance score card has 4 perspectives namely; Financial, Customer, internal business process and learning and growth.
The financial looks at how to reduce cost and increase profits.
The customers perspective looks how how to improve customer's experience.
The internal business process reviews how to increase internal efficiencies while the learning and growth reviews how to increase expertise and optimize technology. The scorecard was developed by Kaplan and Norton in the early 1990s.
The NAACP or the National Association for the Advancement of Colored People is an African-American Civil Rights organization that was formed in 1909. The NAACP's mission is to <span>"to ensure the political, educational, social, and economic equality of rights of all persons and to eliminate racial hatred and racial discrimination." The organization continues its work today advocating for its mission in communities across the United States and also at the highest levels of government. </span>
