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pishuonlain [190]
3 years ago
13

Imagine that you and a friend have developed a new sneaker and would like to manufacture the sneaker and sell it to Foot Locker.

In a paragraph state what form of business organization you would select for your company and why. Be specific and include some advantages and
disadvantages of the organization you chose and those that you did not choose.
Business
1 answer:
Zinaida [17]3 years ago
6 0

Answer:

biasnnsjzsnsnjsksslsllshsbsbjzkzmsnam

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Skipper’s Pet Products was started by Steve to sell a range of dog food and treats made from fish. Due to fish being a very peri
Basile [38]

Answer: Yes it was

Explanation:

When considering where you should set up location, it is best to look at the cost of locating your business from various perspectives such as raw material acquisition, transport to suppliers, transport to customers and accessibility.

Depending on the business, some factors would have to be given more weight. In the above scenario, raw material acquisition and transport from suppliers should be given a higher weight because the goods are perishable and so costs would be high if the location is too far from the source of the fish.

Given that technology has made it easier to sell from many places, transport to customers is not as major a factor as transport to suppliers. The most important factor to focus on for this business therefore is raw material acquisition and by locating the company so close to the source, the cost to acquire the raw material from suppliers was heavily reduced so this was the best option.

3 0
3 years ago
Mallard Corporation uses the product cost concept of product pricing. Below is cost information for the production and sale of 4
KiRa [710]

Answer:

1. Cost per unit = 860,500/45000 units = $19.12

2. Mark up = 12% * 800,000 = $96,000/45000 units = $2.13

mark up = 2.13/19.12 = 11.14%

3. Therefore selling price per unit = $19.12+$2.13 = $21.25

Explanation:

Variable direct materials cost per unit............................ 5.50

Variable direct labor cost per unit.................................... 7.65

Variable factory overhead cost per unit .........................2.25

Variable selling and administrative cost per unit........... .90

TOTAL VARIABLE COST PER UNIT..................................16.3

TOTAL VARIABLE COST = $16.3*45000 units = $733,500

Fixed factory overhead cost $82,000

Fixed selling and administrative costs 45,000

TOTAL COST = $ 860,500

1. Cost per unit = 860,500/45000 units = $19.12

2. Mark up = 12% * 800,000 = $96,000/45000 units = $2.13

mark up = 2.13/19.12 = 11.14%

3. Therefore selling price per unit = $19.12+$2.13 = $21.25

5 0
3 years ago
A central bank would like to increase the money supply in the country. It
Lelechka [254]

Answer:

answer is A open market operations

Explanation:

i just took the quiz

3 0
3 years ago
The natural rate of unemployment:_______. a. means that the economy will always operate at that rate. b. is equal to the total o
blsea [12.9K]

Answer:

B. is equal to the total of frictional and structural unemployment.

Explanation:

The natural rate of unemployment is the sum of frictional and structural unemployment at any given time. Economists estimate that for the United States this rate is around 3.5%.

Unemployment has a natural rate because no matter how good the economy is doing, some people either do not want to work, are in between jobs (frictional unemployemt), or lack the skills necessary to get employed and need to undergo training (structural unemployment).

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2 years ago
What activities might require you to provide your social security number?
jasenka [17]
The answer should be A
8 0
3 years ago
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