Is a process whereby companies compare their practices and performance measurements to those of other companies? Benchmarking. Benchmarking is one company's way of comparing how they do business to other companies. They check their metrics in practice and performance to see how they fair with the industries leading companies. They are commonly measuring quality of produce, time it costs to produce and the price it costs to produce.
Businesses and industries need to make decisions to make a profit and to benefit the world.
Answer:
$57,600
Explanation:
The computation of the total amount paid to preferred shareholders are shown below:
= Number of shares for preferred stock × par value × dividend rate × number of years
= 1,200 shares × $100 × 12% × 4 years
= $57,600
In case of cumulative, the number of years would be four years for dividend paid
All other information which is given is not relevant. Hence, ignored it
Answer:
Components of creation that can be differed with yield delivered are alluded to as factor elements of creation.
Elements of creation that can't be differed with yield delivered are alluded to as fixed elements of creation.
In given case, stove and laborers are utilized in pizza creation.
It has been given that in short-run, number of stoves can't be changed however number of laborers can be changed.
Along these lines,
In short-run, these laborers are variable information sources, and the stoves are fixed data sources.
Number of Workers: 0
Output (Pizzas): 0
Marginal Product of Labor (Pizzas): 0
Number of Workers: 1
Output (Pizzas): 70
Marginal Product of Labor (Pizzas): 70
Number of Workers: 2
Output (Pizzas): 120
Marginal Product of Labor (Pizzas): 50
Number of Workers: 3
Output (Pizzas): 160
Marginal Product of Labor (Pizzas): 40
Number of Workers: 4
Output (Pizzas): 190
Marginal Product of Labor (Pizzas): 30
Number of Workers: 5
Output (Pizzas): 200
Marginal Product of Labor (Pizzas): 10
Answer:
C)Many firms operate in the market and produce similar, but differentiated products.
Explanation:
A monopolistic market structure has many firms competing for the same customers. Although the firms sell similar products, each tries to make their products different from the rest. Each firm can set its price because the products are differentiated. Other characteristics of monopolistic competition include
- Freedom of entry and exit.
- There many sellers and buyers
- Each firm sets its product price
