Answer: offensive
Explanation:
Offensive goals are the goals that maximize sales revenue, increase long term growth and profit, improve market position and take advantage of economics of scale.
Since the chief goals included maximizing total sales revenue and the improvement of the overall market position of the firm, then these goals are categorized as offensive goals.
Answer:
Andrew has to rent 1114 rooms per month in order to break even
Explanation:
Break-even Point is the point at which the units sold (or revenue) by a firm <em>neither </em>makes a profit <em>nor </em>a loss.
<em>Break-even (units) = Fixed Cost / Contribution per unit</em>
= $59,000 / ( $91 - $38)
= $59,000 / $53
= 1113.207547
= 1114 rooms
Answer:
The correct answer is d. Small businesses supply over half of all innovations in the U.S. marketplace each year.
Explanation:
The Patent System (SP) is an incentive scheme to boost the process of invention-technological innovation. The primary objective of a SP is that it has the capacity to protect innovators with the purpose of increasing the technical progress of the economy, but that, at the same time, it is efficient in spreading these innovations in order to boost economic development.
It is generally believed that small companies make little use of the patent system because they find it complicated and difficult; Some even think they don't even exist. However, studies show that "less relevant" companies were more active in developing emerging technologies than expected.
In this sense, it was shown that companies with less than 25 employees promoted more patents than companies that housed 50 workers who, in turn, developed a greater number of patents than companies with 100 employees, and so on.
Answer:
Total product costs= $131,000
Explanation:
<u>The absorption costing method includes all costs related to production, both fixed and variable.</u> The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.
<u>In this case, the total product cost:</u>
Total product costs= 40,000 + 31,000 + 22,000 + 38,000
Total product costs= $131,000