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2 years ago

Is increasing the entrepreneurial orientation of a firm always a good thing?

Business

1 answer:

jeka942 years ago

3 0

Answer:

Not always. It's a good thing to develop new business opportunities, but not if it leads to too many inefficiencies connected to resources and learning curves.

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Cane Company manufactures two products called Alpha and Beta that sell for $120 and $80, respectively. Each product uses only on

pashok25 [27]

Answer and Explanation:

1. The total amount of traceable fixed manufacturing overhead is given below:-

Alpha Beta

Number of units produced 100,000 100,000

Traceable fixed

manufacturing overhead $16 $18

Total amount of traceable fixed

manufacturing overhead $1,600,000 $1,800,000

2. The total amount of common fixed expenses is given below:-

Alpha Beta

Number of units produced 100,000 100,000

Common fixed

manufacturing overhead $15 $10

Total amount of common fixed

manufacturing overhead $1,500,000 $1,000,000

3. The computation of increase or decrease of profit is shown below:-

Selling price $80

Less: Variable cost

Direct material ($30)

Direct labor ($20)

Variable manufacturing

overhead ($7)

Contribution margin $23

Less: Variable selling

expenses ($12)

Profit per unit $11

Total profit increase

(10,000 × $11) $110,000

The computation of increase or decrease of profit is as shown below:-

Selling price $39

Less: Variable cost

Direct material ($12)

Direct labor ($15)

Variable manufacturing

overhead ($5)

Contribution margin $7

Less: Variable selling

expenses ($8)

Profit per unit ($1)

Total profit decrease

(5,000 × -$1) -($5,000)

4 0

3 years ago

If the inflation rate decreased from 3.33% to 2.90% between October and November, while the nominal interest rate increased from

Rudiy27

Answer:

1.90%

Explanation:

There is the accordance or connection between nominal and real interest rates. It is basically possible to convert from nominal interest rates to real interest rates. According to the Fisher, there is a equation that's called the Fisher Equation:

Real interest rate ≈ nominal interest rate − inflation rate.

On our example,

Inflation rate in October- 3.33%

Inflation rate in November- 2.90%

Nominal interest rate in October- 4.75%

Nominal interest rate in November- 4.80%

In October,

Real interest rate=4.75%-3.33%=1.42%

In November,

Real interest rate=4.80%-2.90%=1.90%

As a result, we see that there is 1.90% real interest rate in November and the real interest rate has increased 0.48% in November compared to October.

7 0

3 years ago

Read 2 more answers

Consider the market for meekers in the imaginary economy of Meekertown. In the absence of international trade, the domestic pric

kotykmax [81]

Answer:

Export

true

Explanation:

Because the price of meekers in meekertown is lower than the world price for meekers, meekers from meekertown are cheaper. so if free trade is allowed, other countries would want to purchase meekers from meekertown because it is cheaper.

So, meekertown would export meekers if free trade is allowed.

When a country is too small affect the world price, allowing for free trade will always increase total surplus in that country, regardless of whether it imports or exports as a result of international trade.

this is so because if the country is efficient in production of a good (producing at a lower price when compared to the world price), export of the good would increase thus increasing producer surplus. if on the other hand, the country is inefficient in producing a good and the country allows for free trade, the country can import the good. this would increase consumer surplus.

4 0

3 years ago

Can identity theft occur through legitimate access to your personal information? Explain.

guajiro [1.7K]

Answer:

no i think

Explanation:

7 0

2 years ago

On November 1, Arvelo Corporation had $32,000 of raw materials on hand. During the month, the company purchased an additional $7

Maurinko [17]

Answer:

Option (c) is correct.

Explanation:

Given that,

Raw materials on hand = $32,000

Purchased an additional raw materials = $78,000

During November,

Raw materials were requisitioned = $95,000

Totaled indirect materials = $3,000

The journal entry is as follows:

Work in process inventory (95,000 - 3,000) A/c Dr. $92,000

Manufacturing overhead A/c Dr. $3,000

To Raw material A/c $95,000

The work in process is debited by $92,000 and raw material is credit by $95,000.

5 0

3 years ago

Is increasing the entrepreneurial orientation of a firm always a good thing? ​

Is increasing the entrepreneurial orientation of a firm always a good thing?