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topjm [15]
2 years ago
5

Which of the following is NOT one of the components of a firm's business model?

Business
1 answer:
Kruka [31]2 years ago
8 0

Answer: the industry competitors

Explanation:

A business model simply refers to the strategy that a company will use in making profit and achieving its goals.

The components of the business model of a company include the strategic resources, core strategy, partnership network, and the customer interface.

It should be noted that the industry competitors isn't among the components.

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Dinham Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-d
Nitella [24]

Answer:

d) $347 U

Explanation:

The computation of the spending variance for food and supplies in March is shown below:

= Flexible budget - actual budget

where,

Flexible budget is

= $1,200 + $3,340 × $13.70

= $1,200 + $45,758

= $46,958

And, the actual budget is $47,305

So by considering the above calculation, the spending variance is

= $46,958 - $47,305

= $347 unfavorable

5 0
3 years ago
Libra Electronics has invented a new technology to make laptops that are extremely lightweight and unbreakable. The company is a
Solnce55 [7]

Answer: Razor and blade strategy

Explanation:

The Razor Blade Model is a model that is used by companies to deeply discount or give away a core product hoping that the consumers will buy the more expensive and complementary dependent products.

The razor and blades business model is a model whereby one item is sold at a cheaper price or sometimes given for free so as to increase the sales of its complementary good. For example, ink catridges are required for inkjet printers and software and accessories are used for game consoles. So, selling ink catridges at a low rate can lead to more sales for inkjet printers.

7 0
3 years ago
Assume that sales are predicted to be $4,000, the expected contribution margin is $1,720, and a net loss of $280 is anticipated.
Alexeev081 [22]

Answer:

e)  $4,651

Explanation:

The break-even point is the level of activity that a company must operate to have its total cost equal to its total revenue. At this level of activity, the business makes a zero profit, as the total contribution is exactly the same as the total fixed cost.

It is important for the business to have an idea of the number of customers or units of product to sell inorder for it to cover its total fixed cost. This is the information the break-point analysis seeks to provide.

Working it out

Break-point in sales = Total General fixed cost/ Contribution margin ratio

Contribution margin ratio (CMR): Contribution is sales less variable costs. And the contribution margin ratio is the proportion of sales that is earned as contribution. The higher the better.

CMR = contribution/sales

Fixed cost = Contribution + net loss

We can now apply all these relationships to the question given:

Fixed cost = 1720 + 280

                 = 4,000

Contribution margin ratio = 1720/400 = 43%

Break-even sales ($) = 4000/0.43

                                        = $4,651

3 0
3 years ago
Kinsi Corporation manufactures three different products. All five of these products must pass through a stamping machine in its
Rom4ik [11]

Answer:

D) generates the highest contribution margin per stamping machine hour

Explanation:

Since the stamping machine is Kinsi's constrained resource, or bottleneck resource, in order to maximize its profit, the company should manufacture the products that maximize the utility of the stamping machine. The product that maximize the utility are the one that have the highest contribution margin. Therefore Kinsi must produce the products that have the highest contribution margin per stamping machine hour.

8 0
3 years ago
Some companies may restrict what types of perfume or cologne may be worn in their workplace.
Viefleur [7K]
True there are some companies that don't allow you to ware some times of perfume or cologne 
8 0
3 years ago
Read 2 more answers
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