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Katarina [22]
4 years ago
7

In which stage of the product life cycle is the smashburger restaurant​ concept?

Business
1 answer:
liq [111]4 years ago
5 0
Smashburger Restaurant Concept is under the stage of GROWTH in product life cycle. They already have 370 corporate and franchise outlet all over the world which operates in 9 different countries. It is the stage wherein they are still expanding and the income is still growing.
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A manufacturing firm is considering two locations for a plant to produce a new product. The two locations have fixed and variabl
o-na [289]

Answer:

Cost Advantage of different locations:

b. $20,000

Phoenix certainly had a cost advantage over Atlanta and based on this factor, it should be chosen for the new plant instead of any other city.

Explanation:

a) Total Costs of different locations:

                        Atlanta       Phoenix

Fixed Cost      $80,000     $140,000

Variable cost  400,000      320,000

Total Costs  $480,000    $460,000

b) Variable costs

                                   Atlanta       Phoenix

Annual Demand        20,000        20,000

Variable cost/unit        $20              $16

Total variable cost  $400,000  $320,000

c) Cost Advantage is the competitive edge which location (or company) can have over another through reduced production or marketing costs or both so that it can offer cheaper prices or use excess profits to bolster promotion or distribution.   In this case, the comparison is on the total cost, which is made of variable and fixed costs.

4 0
3 years ago
Economists differ in their views of the role of the government in promoting economic growth. At the very least, the government s
Sloan [31]

Answer:

The correct answer is A) Lend support to the invisible hand by maintaining property rights and political stability .

Explanation:

The absence of the government in legislative tasks related to the market is, therefore, one of the main bases of the economic theory developed by Adam Smith throughout his bibliographical work. For Smith, the leaders must deal with other areas of control more focused on defense or justice, leaving the market to its free operation.

The invisible hand presupposes that there is an inertia by which the market and its self-regulation leads individuals to make the best decisions for the majority of the population to achieve well-being. In other words, it is a kind of automatic control mechanism that compensates the actions taken as a whole, regulating social conformations.

Therefore, it is assumed that the self-regulation facilitated to the markets helps to achieve an optimal market. To do this, individuals must behave in such a way that they can act without state mediation and in pursuit of their own interest.

The metaphor of the invisible hand also supposes that individuals are encouraged or held back to produce or not to follow the level of prices that exist in the market. Prices and profits are sufficient indicative to know when to participate in the market or not. Basically, if there is profit in a market niche, this supposes a stimulus for production, while losses lead individuals to quit.

7 0
4 years ago
There are many ways to cash-flow your college education without going into debt. Provide a minimum of five options for cash-flow
Ghella [55]
<span>1. Get a part-time job.
</span>Many college campuses have opportunities to work to earn some extra money or a chance for your work to convert into money towards your tuition.<span>You can have your paycheck be directly deposited into your bank account so you don’t have to worry about cashing a paper check, and if you get a checking account, you can get a debit card to use your money at school for food, books, and other necessities.
</span>2. Sell your notes and study guides on Flashnotes.
Flashnotes is a way to make money doing something you will be doing anyways! This is a great way to help students, review your class material and make money, all at the same time.<span>Typing out the notes will help you remember what you learned, and reading something in someone else’s “voice” will help other students learn better since they are learning from their peers. Sell your papers through social medias and you can then send it through email or blog.
</span>3. Enter sweepstakes.
Many popular stores have surveys that you can take after you make a purchase. Many times, you get a coupon for a percentage off, but some surveys get you entered to win gift cards to the store. This is especially helpful if you shop there and if you typically buy living necessities at the store.

While winning is not guaranteed, if you shop there a lot, you may be able to get entered several times, increasing your chances of winning, compared to those who may not shop there a lot or even those who do not choose to take the survey.

4. Earn gift cards through online rewards websites and apps.

There are websites and apps that allow you to earn points that can be redeemed for gift cards. These sites and apps include Swagbucks<span>, </span>InstaGC<span>, </span>Inbox Dollars<span> and </span>ePoints. Points are earned through taking surveys, playing games, watching videos, and other activities.

Each activity has a specific point amount and they accumulate until you decide that you want to cash them in. Many of these sites give points for online shopping or signing up for offers, but do not sign up and pay for something that you do not really need, since that defeats the purpose.

5. Get paid to write reviews online.
There are websites, like SliceThePie.com, that pay you for reviewing the latest fashions and music. The longer and better your reviews, the more you get paid.

For example, on SliceThePie, while the maximum is typically nine cents per review, there are certain specials that allow you to get paid more. This usually happens on fashion reviews, but some music is occasionally higher paying.

Also, the more stars you have, the more you get paid. Stars are earned through predicting hits. While this is not a means of getting rich quickly, it definitely adds up after you go at it for a while. You can cash out once you reach ten dollars, and you get paid through your PayPal account.

7 0
3 years ago
Trendy Coats is looking at financials to prepare end of year reports. Actual hours used were 4,000. Standard hours allowed were
prohojiy [21]

Answer

a) $15

Explanation:

We will use the formula for Total labor variance to arrive at Standard rate.

Total labor variance = (Actual hours × Actual rate) - (Standard hours × Standard rate)

Substituting the data above into the formula, we'll have;

-$23,000 = (4,000 × $13) - (5,000 × SR)

-$23,000 = $52,000 - 5,000SR

Collect like terms

5,000SR = $52,000 + $23,000

5,000SR = $75,000

SR = $75,000 / 5,000

SR = $15

7 0
3 years ago
As Willard’s business grows and propsers, his company’s total assets requirements will equal ___________. total sources of finan
Crank

Answer: Spontaneous debt financing plus bank loans plus owners investment plus retained earnings.

Explanation: It is the general rule in accounting that assets of any business entity will always be equal to the capital invested from different sources and the liabilities taken over by the business for funds. Debt, owners equity and retained earnings are a source of capital  whereas bank loans is a liability .

8 0
3 years ago
Read 2 more answers
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