Answer:
a) true.
Explanation:
Backward integration can be defined as a process in which companies use a strategy of integrating with their suppliers in order to add value to their value chain. The advantages of this process are increased production efficiency, decreased costs, increased quality, increased profitability.
Forward integration refers to a company's control process in its supply chain. It is the process that a company acquires some resources to improve essential elements of the supply chain until the product or service reaches the final customer. The benefits are: increased market share, creation of competitive barriers, maintenance of process quality, etc.
Revenues - Asset
Expenses - Liability
Answer:
Option 2 is only correct.
Explanation:
The reason is that the physical capital is the physical assets used for production of goods and services whereas the Technological knowledge refers to the knowledge of increasing the productivity by utilizing physical capital. So these two statements were incorrect.
The second statement is correct because the better tools or technology we have the better we can produce. This means these technological tools helps workers to produce more so the statement is correct.
Answer:
correct option is b) Variety of outputs
Explanation:
The production process matrix is nothing more than a tool that helps analyze the relationship between product and process. Product and process positions are placed above and below the horizontal size of the matrix on the right or left side of the competitor along the vertical dimension of the matrix. A company can use different processes to produce different products, so they are placed along the horizontal and vertical axis of the matrix.
The monthly overhead of the pharmacy is <u>$52,875</u>.
<h3>What is the overhead?</h3>
The overhead refers to the costs or expenses for running a business. These expenses cannot be traced to any product or service unit
They tend to be mostly fixed in nature, though, some may exhibit semi-variable characteristics.
Some of the overhead costs include:
Rent
Utilities
Insurance
Office Supplies
Travel expenses
Salaries and wages
Advertising expenses
Accounting and legal expenses.
<h3>Data and Calculations:</h3>
Monthly sales $278,000
Inventory purchases $186,000
<h3>Overhead costs:</h3>
Salaries and wages $49,000
Utilities $2,000
Insurance $1,200
Maintenance $675
Total overhead = $52,875
Thus, the monthly overhead of the pharmacy is <u>$52,875</u>.
Learn more about overhead costs at brainly.com/question/26454135
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