Answer:
a) crowd sourcing carries fewer risks
Explanation:
<u>Crowd sourcing:</u> The term "crowd sourcing" is described as a phenomenon that encompasses the procedure of sourcing skills or information or some end products from a particular group or groups of different people.
<u>Crowdfunding:</u> The term "crowdfunding" is described as a phenomenon that encompasses the procedure of sourcing funds or money from a specific group of groups of different people.
<u>In the question above, the correct answer is option a.</u>
Answer:
The correct answer is : A-Y, B-Z, C-X
Explanation:
Niche is a business strategy in which a specific buyer group or regional market is focused.
Imitation is the strategy of adopting the best practices of another company usually a firm which was first in the market. It is a low-cost strategy.
High-speed strategy concentrates on speed. It is based on the belief that time is money.
Answer:
d. $1,540 F
Explanation:
The formula to compute the variable overhead efficiency variance is shown below:
= (Actual direct labor hours - standard direct labor hours) × variable overhead per hour
where,
Actual direct labor hours is 2,380
And, the standard direct labor hours equal to
= 5,200 units × 0.5
= 2,600 hours
Now put these values to the above formula
So, the value would equal to
= (2,380 hours - 2,600 hours) × $7
= 1,540 favorable
Answer:
$29,908.26
Explanation:
The formula for calculating future value:
FV = P (1 + r) nm
FV = Future value
P = Present value
R = interest rate
m = number of compounding
N = number of years
Present value value is the sum of discounted cash flows
Present value can be calculated using a financial calculator
Cash flow from year 0 to 3 = 6000
I = 9%
PV = 21,187.77
FV = 21,187.77 X (1,09)^4
To find the PV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
A "stipulated sum contract," commonly referred to as a lump sum contract, is a construction contract where the contractor consents to finish the project for a predefined, fixed amount.
<h3>What its means contract?</h3>
The simplest definition of something like a contract is a commitment that is legally binding. The commitment could be to carry out or abstain from a certain action. A contract must be made by two or more parties who must agree to it, with one of them typically presenting an offer and the other accepting it.
<h3>What are contracts in law?</h3>
A contract is an agreement that is legally binding; I A contract is an agreement that is legally binding at one or both of the parties' discretion but not at the discretion of the other party or parties.
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