Answer: Our group will suggest strategy of Contraction of product mix
<u>Explanation:</u>
Our group will suggest a contraction of the product mix strategy. As per this strategy, we can eliminate one or more product lines or product items from the product mix. This will contract our product mix. The products like medical uniforms and women jeans which are having no sale and are not profitable now can be eliminated.
A company can target the customer for those products which are still in the product mix.
Answer: $400,000
Explanation:
Days Sales Outstanding is used by a firm to estimate the amount of its accounts receivable.
DSO (Days Sales Outstanding) = Accounts Receivables/Average Sales per day
Where DSO= 20 days
Average sales per day= $20,000
Accounts receivable (AR) =?
20=AR/20000
Cross multiply to make AR the subject of the formula
Accounts Receivables = 20 x 20000
AR=$400,000.
Answer:
B. sell a "deep in the money" European style call of the stock
Explanation:
The difference between an American style call and a European style call is that the American style can be exercised any time before the expiration date, while the European style call is only exercised at the date of expiration.
The customer in this question, has a pre-defined point in time when he wishes to exit his long stock postion. Therefore he is selling a "deep in the money" European style call of the stock
Total revenue minus the total explicit and total implicit costs of production is economic profit.
Economic profit is accounting profit less implicit or opportunity costs. It is also total revenue less explicit and implicit cost.
Explicit cost is the amount used in running a business. Examples are rent and wages.
Implicit cost is the cost of the next best option that is let gone off when one option is chosen over other options. For example, a baker leaves his job to start his own business. His implicit cost is the wages he earned as a baker.
A similar question was answered here: brainly.com/question/15036999
<u>Democratic leadership. </u>
Explanation:
is one of the most effective or the best leadership styles because it allows lower-level employees to exercise authority they'll need to use wisely in future positions they might hold. It also resembles how decisions can be made in company board meetings.
WHICH THEORY?
As we mentioned above, <u>transformational leadership</u> is often the best leadership style to use in business. Transformational leaders show integrity, and they know how to develop a robust and inspiring vision of the future.