Answer:
False
Explanation:
The five basic competitive dimensions are cost, quality, time, flexibility and innovation. If the company has greater control over these five thing, then it is more inclined towards the competitive advantage. Furthermore, the best trade off doesn't forms part of strategies that constitutes to competitive advantage.
Answer: B2B ( Business to business)
Explanation:
The Business to business (B2B) is one of the marketing process in which the products are promoted to the other organization or any business by using the various types of business operations or functions.
The business to business marketing plays an important role as it allow various types of organization for expanding the business in the market.
According to the given question, the ABC auto supply is one of the firm that are basically using the E commerce software that allow the users or consumers for ordering their auto parts.
Therefore, The ABC company is basically follows the B2B business model.
Answer: D. The Fed wanted to limit the inflation risk inherent among financial institutions.
Explanation: An alternative lender, or non-traditional lender, is a loan provider, often a short-term loan lender that is often not heavily regulated by state or federal agencies. ... Secured loans typically have lower interest rates than unsecured non-traditional loans because they minimize the lender's risk of loss.
Answer:
This is called a <em>simple interest rate.</em> When the loan amount must be repaid to the lender at the maturity date, along with an additional payment for the interest.
To calculate <em>simple interest rate</em>, the interest rate payment is divided by the loan amount.
Explanation:
This is called a <em>simple interest rate.</em> When the loan amount must be repaid to the lender at the maturity date, along with an additional payment for the interest.
To calculate <em>simple interest rate</em>, the interest rate payment is divided by the loan amount.
Answer:
Supplier's quotation (2,400 x $6.25) 150,000
Less: Relevant cost of production:
Direct material (2,400 x $31) 74,400
Direct labour (2,400 x $18) 43,200
Variable overhead (2,400 x $9) <u>21,600</u> <u>139,200</u>
Savings <u> 10,800</u>
The parts should be produced in-house since the relevant cost of production is lower than supplier's quotation.
Explanation:
In this case, we need to compare supplier's quotation to the relevant cost of production. The price of $6.25 above was computed by dividing the total price charged by the supplier by the number of parts. Moreso, the relevant cost of production is obtained by the aggregate of direct material, direct labour and variable overhead.