Answer:
Check the following calculations.
Explanation:
C(q) = 50+0.20q+0.0800q2
MC(q)=0.20+0.160q
In the long run market will be in equilibrium when P=MC=ATC=LRAC=LRMC
where LRAC=long run average cost curve
LRMC=long run marginal cost curve
ATC=average total cost
noe total cost C(q)= 50+0.20q+0.0800q2
therefore ATC=C(q)/q
= 50/q + 0.20 + 0.0800q
therefore in long run MC=ATC
0.20+0.160q=50/q + 0.20 + 0.0800q
on solving q=25
therefore P=ATC=MC=0.20+0.160q
=0.20+0.16*25
P = 4.20
Answer: Purchase intent
Explanation:
Purchase intent refers to the likelihood that customer will purchase a certain good or service in future. It enables the company using this model to advertise goods that have a higher purchase intent to the customer which would go a long way in persuading them to buy the product.
Amazon uses this strategy as well as others that track demand and price goods optimally which is one of the main reasons for their success.
Answer:
The correct answer is letter "A": Part of both the performance measurement system and the performance reward system.
Explanation:
Budgets are estimates a company outlines at the beginning of a period to determine the expenditures that must be incurred during the operations of the firm for the whole year. Part of the managers' work is evaluated based on how close the actual expenses match the budgeted estimates.
In case the company's expenses are higher, investors may not consider the <em>performance </em>of the executives and the overall firm as appropriate. If the expenses are below the budget estimate at the productivity level desired, investors could be interested in maintaining or improving the current business process and being the <em>rewards </em>for managers higher.
Answer: General Management
The General Management is done by a unit in an enterprise. It is concerned about overall leadership and management. It includes personal values, qualities of effective general managers, enterprise leaders. In addition, it requires the study that involves management using philosophies, etc
Answer:
I considered an Automobile manufacturer of cars in Japan in this case. the company is famous for manufacturing small and medium sized affordable cars in the market in a small lead time of introduction.
The contingencies that are most crucial for the company are the scarcity of low cost labor in its home country Japan, the increased competition in the same segment that is low cost of cars, in every country where the company operates.
The company is organised in the best form because it has a particular custom that has a strong hierarchical structure with little room to flexibility. it is a functional structure.
Explanation:
Solution
Let us consider a major automobile manufacturer of Japan in this context. the company is well established in Japan as well as in global automobile market in the last 30 years.
The company is known for manufacturing small and medium sized affordable cars in the market in a small lead time of introduction. the success of the company is primary on the efficiency improvement, lean operations and economics of scale.
Thus
The contingencies that are most important for this company is shown below:
- Scarcity of low cost labor in its home country Japan.
- The lack of competitive advantages and unique resources to retain the same.
- The increased competition in the same segment that is low cost of cars, in every country where the company operates.
The company has followed a particular custom that has a strong hierarchical structure with little room to flexibility. it is a functional structure.
With the present expansion in different market the functional structure may not be efficient and effective for the company.
