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N76 [4]
3 years ago
9

4. Analyze the overall financial situation from a cross-sectional viewpoint. Compare each company’s ratios with the industry ave

rage. What are the strengths and weaknesses of each company? Which company is best to invest in and why? (3 marks)

Business
1 answer:
Ksenya-84 [330]3 years ago
4 0
02928474728181938473
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The correct answer is letter "C": Competitors are well established.

Explanation:

Product Life Cycle is the time during which a product is conceived and produced, put onto the market and eventually removed from the market. The process has four (4) stages: <em>introduction, growth, maturity, </em>and <em>decline</em>.  

In the maturity phase, the sales of the product slow down and in some cases stop because of market saturation. Competitors are well established offering attractive prices to consumers. All marketing efforts are directed to wipe out competition pressures by lowering their demand.

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A furniture factory produced 1600 standard chairs in eight days. If the factory employed five workers, what was the labor produc
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A. 40

Explanation:

Calculation for what was the labor productivity, in chairs per worker per day

Using this formula

Labor productivity per day =Company Per day output/ Number of labor

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Labor productivity per day= 1600/8 days×5 workers

Labor productivity per day=1,600/40

Labor productivity per day= 40

Therefore the Labor productivity per day will be 40

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