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uranmaximum [27]
3 years ago
8

Sheffield Corp. is unsure of whether to sell its product assembled or unassembled. The unit cost of the unassembled product is $

24 and Sheffield would sell it for $52. The cost to assemble the product is estimated at $15 per unit and the company believes the market would support a price of $64 on the assembled unit. What decision should Sheffield make
Business
1 answer:
matrenka [14]3 years ago
3 0

Answer:

Sell before assembly, the company will be better off by $3 per unit

Explanation:

the aim of a firm is to maximise profit. The decision the firm would make would be based on the decision that yields the higher profit

Profit = revenue - cost

Profit that would be earned from selling the unassembled unit = $52 - $24 = $28

Profit that would be earned from selling the assembled unit = $64 - ($15 + $24) = 25

The profit from selling the unassembled product is greater than the profit from selling the assembled product by $3. The firm would prefer to sell the unassembled unit

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Agreement and disagreement among economists
r-ruslan [8.4K]

Answer and Explanation:

The disagreement arise between this economist is due to the differences in the scientific judgements as they disagree due to the various scientific judgements. And, despite their differences, the proposition of two economists should be chosen at random as the tariff and import quotas normally decreased the economic welfare as it always result in deadweight loss and in this both economist should be agree for the same

4 0
3 years ago
Managers of ________ businesses concentrate on achieving high manufacturing efficiency, low costs, and mass distribution. A. mar
allochka39001 [22]

Answer:

B. product oriented businesses

Explanation:

Product oriented businesses -

It refers to the type of business , whose main focus is only the product , is referred to as product oriented businesses .

The method is adapted by the company , whose product is one of the best factor of the company , and tries to increases the manufacturing process , and tries to use mass distribution , in order to increase profit of the company .

Hence , from the given information of the question ,

The correct option is B. product oriented businesses .

5 0
3 years ago
Weston Inc. wants to outsource its customer service operations. The top managers of the company are preparing a plan exclusively
morpeh [17]

Answer:

Single use plan

Explanation:

A single use plan is employed in tackling a particular organisational situation. This plan is only used once, because it is used to solve a specific situation and then discarded when the situation has been tackled.

A single use plan is utilized in situations that is unlikely to be repeated in the nearest future since the main purpose of the plan is to solve a particular problem.

The single use plan can be very precise in handling a particular situation.

5 0
4 years ago
McKenna offers to sell Lori her collection of hand-painted European tiles. Before Lori has a chance to accept, McKenna says, "So
Pie

McKenna has just made: revocation.

<h3><u>Explanation:</u></h3>

Revocation can be considered as a process  of cancelling any decision or a promise officially. This is act that makes something that exists previously to be null or void. For instance someone has accepted to sell his property to someone and now he has the rights top revoke or cancel that declaration officially.

In the given example, McKenna offers to sell her hand painted European tiles to Lori. But the cancellation of this offer occurs before Lori accepted the offer. She says to Lori that she has changed her mind and not ready to sell those tiles. Hence the example is associated with  revocation.

8 0
3 years ago
all three level of professionals are required to run an organization or a business is smoothly classified as a statement ​
spayn [35]

All three levels of professionals are required to run an organization or a business smoothly. Justify this statement.

Answer:

It is TRUE that All three levels of professionals are required to run an organization or a business smoothly.

The three levels of professional required are:

Top-level management

Middle-level management

Low-level management

Explanation:

Top-Level Management

Top-level managers or professionals are the people that involve in taking an extensive means of actions or decisions for the firm or business as a whole and focus on the long-term success of the business or company. They take up roles such as Chief Operations Officer (COO), ), Chief Financial Officer (CFO), Chief Executive Officer (CEO), etc.

Middle-Level Management

Middle managers or professionals are an essential part of an organization and they are involved in the intermediate management operation whose responsibility involved supervising the lower-level managers to meet the company's goals. For example, they are General managers, branch managers, department managers, etc.

Low-Level Management

Low-level managers or professionals are a core part of organizations, they ensure there is a practical technique and creativity with strong interpersonal skills to maximize particular operational processes to achieve organizational success. For example, they are Office Manager, Shift Supervisor, Store Manager, etc.

7 0
3 years ago
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