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Ksju [112]
3 years ago
5

When a business establishes a web-site and begins to allow customers to place orders online without ever coming into their store

, they are responding to changes in the: economic environment. economic environment. technological environment. technological environment. global environment. global environment. social environment.
Business
1 answer:
Gwar [14]3 years ago
4 0

Answer: technological environment

Explanation:

With the scenario explained in the question, the business is responding to changes in the technological environment.

Technological environment has to do with the environment that relates to how science and technology has brought Improvement into businesses. This can be seen in the scenario explained in the question.

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Strait Co. manufactures office furniture. During the most productive month of the year, 3,500 desks were manufactured at a total
AlekseyPX

Answer:

c. $52,670

Explanation:

The computation of the fixed cost and the variable cost per hour by using high low method is shown below:

Variable cost per desk = (High cost - low cost) ÷ (Highest production - lowest production)

= ($82,700 - $63,300) ÷ (3,500 desk - 1,240 desk)

= $19,400 ÷ 2,260 desk

= $8.58

Now the fixed cost equal to

= High cost - (High production × Variable cost per desk)

= $82,700 - (3,500 desk × $8.58)

= $82,700 - $30,030

= $52,670

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First movers are? a. firms that take an initial competitive action. b. firms that are first to exit a declining indus
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First movers are firms that take an initial competitive action.

A service or product that enters the market first and captures a competitive advantage is known as a first mover. Being the first usually allows a business to build a strong brand awareness and client loyalty before rivals enter the market. Other benefits include having more time to perfect its offering and determining the new item's selling price.

Industry's first movers are virtually always followed by rivals looking to capture market share and capitalize on their success. The market share held by the first mover is frequently maintained because it has built a strong enough client base and a large enough market share.

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