Answer:
Competition and consumer trends
Explanation:
The Hays company makes a variety of products including sodas like cola, diet-cola, orange soda. Initially it had less competition, but more companies have entered the market.
Due to increased competition the Hays company will need to develop strategies to gain competitive advantage and by extension market in the more competitive market.
Also consumer trends is nowoving towards speciality sodas. The company will need to reduce the variety of sodas they produce and specialise in the product the consumers prefer.
Answer:
informational
Explanation:
Based on the scenario being described within the question it can be said that Danny is mainly responsible for informational resources. This refers to any and all types of data, which in this case mainly pertains towards consumer preferences. Danny's responsibilities include gathering, analyzing, managing, organizing, storing, and distributing informational data.
Answer:
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Explanation:
Answer:
The quantity to maximize profit = 20 units
Explanation:
<em>In a perfectly competitive market , profit is maximized at the quantity where the marginal cost is equal to marginal revenue. </em>
Note that the MC is the change in total cost as a result of a change in total production unit by a unit
Marginal revenue is the change in total revenue as a result of selling additional unit of product. For a perfectly competitive it is equal to the selling price.
To maximize profit , MR = MC
MC- 4q MR- 80
4q = 80
q = 80/4 = 20
The quantity to maximize profit = 20 units
Answer:
The net cash flow of the year amounts to $32,000
Explanation:
The net cash flow of the year is computed as:
Net cash flow = Net income + Depreciation
= $7,000 + $25,000
= $32,000
Where
Net Income is computed as:
Net Income = Sales - COGS (Cost of goods sold) - Depreciation expense - Selling and administrative expense - Income tax expense
= $300,000 - $170,000 - $25,000 - $95,000 - $3,000
= $7,000
