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3 years ago

How can business decisions affect local community?

1 answer:

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Incorporating small businesses into local government decisions can help ensure the small town culture within the community.

Small businesses will also participate and volunteer their time at fairs and festivals, working to connect with members of the community while sharing their services to a large audience.

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Elise is the manager in the finance department for a company that competes in a service industry. If her company is like most co

nata0808 [166]

Answer:

This statement is False

Explanation:

One of the characteristics of the modern day service industry is Division of Labor. Thus, Elise would not leave almost all aspects of human resources functions to specialists. This is the decision of a human resources manager and not Elise who is the finance manager. The jurisdiction of her duty and reporting line does not allow such to happen.

4 0

3 years ago

If married and unmarried women respond similarly to a sale on perfume, these hypothetical segments fail the ________ criterion f

vladimir1956 [14]

Answer: Differentiable criterion

Explanation: In simple words, differentiable criterion refers to the phenomenon of market segments in which the producing entity differentiates its product on the basis of different customer base. The base can be set on the criteria of any factor like gender , age group or religion etc.

Under this criterion the producing entity produces the product by taking special considerations to the preferences of that particular customer group. In the given case two separate groups are responding similarly to a single product, hence, it fails differentiable criteria.

4 0

4 years ago

Kokomochi is considering the launch of an advertising campaign for its latest dessert product, the Mini Mochi Munch. Kokomochi

garri49 [273]

Answer:

The incremental earnings are $0.4251

Explanation:

All those costs that are incremental costs that arise on the following principal:

"If we take decision, there is a cost and

If there is no decision, there is no cost."

This means that:

Incremental cost = Cash flow due to taking decisions less Cash flows due to not taking decisions

Incremental Earnings Forecast ($ million) ($ million)

Gross Profit of Mini Mochi Munch

Year 1 10.1 * 34% 3.434

Year 2 8.1 * 34% 2.754 6.188

Gross Profit of Other products

Year 1 2.1 * 23% 0.483

Year 2 2.1 * 23% 0.483 0.966

Advertising cost (6.5)

Net Operating Cash Flow 0.654

Tax at the rate 35% (0.2289)

Net Cash flow 0.4251

6 0

4 years ago

A firm in the market for designer jeans has some degree of monopoly power. the demand curve it faces has a price elasticity of d

Pavlova-9 [17]

Answer:

$86.67 is the profit maximizing price for the monopolist

Explanation:

In order to find the profit maximizing price for the monopolist using its price elasticity and marginal cost we have to use the formula

Price= Marginal cost* (elasticity/elasticity+1)

Marginal cost = $65.0065

Elasticity = -4

Price = 65.0065 *(-4/-4+1) = 65.0065*(-4/-3)= 86.67

5 0

3 years ago

When members of minority cultures feel that they have to behave in ways similar to the majority culture, this is called ________

lesya692 [45]

Answer:

a) biculturalism

Explanation:

Biculturalism refers to one culture in which the combinations of two cultures are added it could be in the same country. The two cultures must be different to make them one

Therefore in the given situation when the minority members feel that they have to behave in the same way as the majority culture so this we called as a biculturalism

Therefore the correct option is a.

6 0

3 years ago