Answer:
The right solution is "$78.55".
Explanation:
The given values are:
Material cost,
= $5 per pound
Average freight costs,
= $0.25 per pound
Downtime average,
= 0.40 hours per unit
According to the question,
The direct material cost per unit will be:
= 
= 
= 
=
($)
The direct labor will be:
= 
= 
=
($)
Manufacturing overhead will be:
= 
= 
=
($)
hence,
The standard cost per unit will be:
= 
= 
=
($)
Agency costs faced by MNCs may be larger than those faced by purely domestic firms because:
- monitoring of managers located in foreign countries is more difficult AND foreign subsidiary managers raised in different cultures may not follow uniform goals.
- monitoring of managers located in foreign countries is more difficult.
- .MNCs are relatively large.
- foreign subsidiary managers raised in different cultures may not follow uniform goals.
<h3>What are multinational corporations?</h3>
Multinational corporations can be regarded as one that have the license to operates in more than one country at a time.
Agency costs faced by MNCs may be larger than those faced by purely domestic firms due to how foreign subsidiary managers raised in different cultures may not follow uniform goals.
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Answer:
a. Quality Software - Prescriptive Analytics
b. ABC Supermarket - Descriptive Analytics
c. Global Hospitality - Diagnostic Analytics
d. XYZ - Predictive Analytics
e. Manufacturing - Descriptive Analytics
Explanation:
Descriptive analytics is the strategy which uses the past data and creates a summary for historical data to create future analysis.
Predictive Analytics is the strategy which uses statistical calculations and models to predict the future.
Diagnostic Analytics is the strategy which the analyst observes the past event and then examines why certain situation happened. This is used by analysts to make sure that historic mistakes are not repeated.
Prescriptive Analytics is the strategy in which strategic planning is made after the operational activities are analyzed and then strategies are formed in order to plan future performance.