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3 years ago

Identify Ten (10) Differences that exist Between

Business

1 answer:

Alisiya [41]3 years ago

4 0

Explanation:

Consumers buy products for their own use, while businesses buy goods to use in their continuing activities and resell to consumers. Customers appetite and the need for manufacturing supplies force organizations to buy products in greater quantities than people.

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A(n)___standard is the quantity of material required if the process is 100fficient without any loss or waste.

vodomira [7]

A <u>practical</u> standard is the quantity of material required if the process is 100fficient without any loss or waste.

Sensible requirements are the requirements that are set for everyday working conditions. They account for reasonable and unavoidable wastages which are part and parcel of the normal manufacturing manner. Practical standards remember the effect that factors along with machine preservation and maintenance time, everyday employee breaks, etc.

Perfect requirements aren't practical standards, apart from in the very quick run, and are consequently of little use for control wherein their use will be very demotivating for employees. Achievable standards constitute what will be done with a reasonable degree of effort below ordinary working situations.

Ideal preferred costs, those preferred expenses constitute the best overall performance. They assume 100% efficiency, that there are no losses or idle time. They constitute the minimal charges that are feasible below the maximum efficient running situations.

Learn more about the practical standard here brainly.com/question/14143211

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4 0

2 years ago

As the marketing manager of a company that manufactures floor tiles, Evans Smith is given a target to achieve 500 new customers

Phoenix [80]

Answer: (A) Market-penetration strategy

Explanation:

The market penetration is one of the type of business strategy that helps in developing its growth in the market by using the existing goods and the services.

The main objective of the market penetration strategy is that it basically focuses on selling the products in the existing marketplace for the purpose of gaining the high share profit in the market.

According to the given question, the Market penetration strategy is basically pursing by Evans smith for increase the demand of the products in the market as it is one of the quick diffusion process.

Therefore, Option (A) is correct answer.

8 0

4 years ago

Awanita Enterprises sells computer flash drives for $ 3.87 per unit. Unit variable cost is $ 0.05. The breakeven point in units

antoniya [11.8K]

Answer:

Margin of safety= $4,257

Explanation:

Giving the following information:

The breakeven point in units is 3,400, and the expected sales in units are 4,500.

First, we need to determine the dollar amount of sales:

Break-even point= 3,400*3.87= $13,158

Current sales= 4,500*3.87= $17,415

Margin of safety= (current sales level - break-even point)

Margin of safety= 17,415 - 13,158= $4,257

8 0

3 years ago

Accounting 5.) In the chart of accounts, the balance sheet accounts are normally listed in which order?

Liula [17]

Your correct answer is C.

Assets, liabilities, stockholders' equity

6 0

3 years ago

Find the APR, or stated rate, in each of the following cases. (Use 365 days in a year. Enter rounded answers as directed, but do

GaryK [48]

Answer:

% Semiannually 13.75% ==> 14,22%

% Monthly 9.75 % ==> 10,20%

% Weekly 11.25% ==> 11,89%

% Daily 9.25% ==> 9,69%

Explanation:

The stated rate is also known as the annual interest rate. This is the percentage of the yearly return on the investment.

EAR = [ 1 + (APR/m)]^m -1

m = periods in one year

% Semiannually 13.75% a. [ 1 + (.1375/2)]^2 -1 1,068750 14,22%

% Monthly 9.75% a. [ 1 + (.0975/12)]^12 -1 1,008125 10,20%

% Weekly 11.25% a. [ 1 + (.1125/52)]^52 -1 1,002163 11,89%

% Daily 9.25% a. [ 1 + (.0925/365)]^365 - 1,000243 9,27%

4 0

4 years ago