Answer:
If sales fall by 20% AFC raises 38 cents per paper, i.e. a 25% increase in AFC.
Explanation:
To find the average fixed cost (AFC), we have to sum all fixed costs and divide it by the amount of units produced. Fixed costs are those that don't depend on how much is produced, in this case, rental and labor cost don't depend on output, as you can neither move to a cheaper place nor decrease labor obligations even if the factory had no output (newspapers printed).
We can see that as the output reduced, AFC rose 38 cents per paper or a 25% increase in AFC.
Twain career is remarkable, he chooses to become a Riverboat Pilot. We are asked what was his fist mistake at the wheel in the "Life on the Mississippi" and the answer is "He started to move away from one boat and moved towards the middle and that is the time that he needs to fight the current".
Answer:
C. Buyer Persona
Explanation:
Buyer persona is defined as a semi- fictional representation of the IDEAL customer for a company or business based on research and real data about the company's or business existing customers.
The mapmaking company created a fiction "best" customers based on information gotten.
Companies and businesses uses buyer persona for market strategies. They also use it to help their sales team build a rapport with potential customers.
It is a research based profile that depicts a target customer.
Answer:
<u><em>Radical change</em></u>
Explanation:
A distinguishing feature of radical change is that it is rapid in terms of ground breaking breakthrough innovations.
Thus, In 1993 the film industry was experiencing breakthrough innovations such as the release of the blockbuster movie "Jurassic park" which introduced high-tech special effects in the film industry.
Rationalization, a strategic initiative as well as methods to first decrease static or restricted-use providers begins to enable sustainable supply baseline optimization, which is termed as Supply base optimization.
<u>Some advantages of an Optimized supply base are provided below</u>:
- Cost efficiency.
- Enhance output.
- Better Collaboration.
- Identify problem areas with ease.
- Prevention of delays.
<u>Some advantages of an Optimized supply base are provided below</u>:
- Lack of Reliability.
- Complicated.
- Co-ordination vacuum between organizations.
- Trained and personalized personnel are required.
- Cost of execution.
<u>A buyer can overcome the disadvantages by the following point</u>:
- Your Emergency Strategy is referred to.
- Creating open communication channels.
- Ensure the level of customer satisfaction.
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