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sesenic [268]
3 years ago
15

Steve wanted to open a day care service facility for dogs. He estimated the costs involved in providing the services desired by

dog owners. After extensive deliberation, Steve decided not to proceed with the plan as the cost of providing the services was too high compared to the rates dog owners would be willing to pay. Which of the following stages of the new-product development process has Steve used to arrive at this decision?A. Idea screening.B. Business analysis.C. Idea generation.D. Test marketing.
Business
1 answer:
9966 [12]3 years ago
4 0

Answer:

Business analysis.

Explanation:

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Wilson is currently producing a component for one of its products. Wilson has received an offer to buy the component from an out
lorasvet [3.4K]

Answer:

Option B                                      

Explanation:

In simple words, avoidable costs refers to those expenditures which can be avoided by the management of the business if they want to as such expenditures are usually made for additional support.    

Irrelevant costs include factors which will not be impacted by a management action, whether positively or negatively. Consequently, unnecessary factors, such as static overhead as well as sunken factors, are overlooked in making the choice. Nonetheless, in addition to ultimately save the company it is important for a management to be able to discern an insignificant expense.

6 0
3 years ago
Q 1.1: An owner who wants to have limited liability should form which type of business enterprise?
ycow [4]

Answer:

A corporation                                      

Explanation:

A business is an agency–typically a group of individuals or a firm–allowed by the government to operate as a single body (a legal entity) and recognized as being for other functions of law.

Early constituted institutions were created by charter (i.e. through an arbitrary act issued by a sovereign or enacted by a statute or house of commons).

Corporations come in various forms but are typically separated by the statute of authority in which they are subcontracted on the grounds of two dimensions: that they are willing to issue securities or if they are founded to turn a profit.

6 0
3 years ago
GDP per person tells us the income and expenditure of the a. richest person in the economy. b. poorest person in the economy. c.
ale4655 [162]

Answer:

The correct answer is letter "C": average person in the economy.

Explanation:

The Gross Domestic Product (GDP) measures the level of output of a country given a certain period -by quarter and year, usually. It considers <em>government expenditures, private investments, consumer spending, </em>and <em>net exports </em>(exports minus imports).  

The GDP per capita represents the GDP per person and is calculated by dividing the GDP by the population of a country. GDP per capita represents an approximate of the expenses of an individual. Smaller richer countries such as Luxembourg or Switzerland tend to have higher GDP per capita.

8 0
3 years ago
On June 1, year 2, Oak Corp. granted stock options to certain key employees as additional compensation. The options were for 1,0
Dimas [21]

Answer:

Since the options were granted at an exercise price of $15 when the market value of the shares was $20, total compensation under the intrinsic method would be $5 per share on 1,000 shares or $5,000. Since the options are exercisable on 1/2/X2, the $5,000 in compensation would all be recognized n 20X1.

Explanation:

3 0
3 years ago
Shelton Co. purchased a parcel of land six years ago for $866,500. At that time, the firm invested $138,000 in grading the site
nikklg [1K]

Answer: $918,000

Explanation: Since Shelton Co is considering building a warehouse on the site because the rental lease is expiring then in  evaluating the new project all the relevant cash flows must be considered in  the protect evaluation. Market value of the land used for constructing the building is an opportunity cash flow and so must  be considered.  The Relevant cost of opportunity for land will be its fair value.

Therefore ,the initial cost cost of the warehouse project for the use of this land is $918, 000.

5 0
3 years ago
Read 2 more answers
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