Answer: The answer is given below
Explanation:
A best-cost strategy is a strategy that is used by companies as they focus on low cost in order to give their customers better value for the money spent on the purchase of goods or services from them. The goal of this strategy is to keep the prices and costs lower when compared with the other competitors that offer similar products.
This strategy can be very successful in retail stores. Retail stores offer similar products to their competitors and using this strategy could help in making the store get more customers and hence push up its income.
For this strategy to work in such industry, firstly, the company will need to study its market very well, get to know its competitors, have a good working relationship with the manufacturers of different products, and have a friendly and amazing staffs who know what is and expected of them. With all these in place, success will be achievable.
An example of a firm in Jacksonville that is following a best cost strategy is
McDonald. The company over the years, has been successful and laid s foundation of offering fast-food meals that are of low prices and affordable.
The firm’s marginal cost of production when the firm is producing 50 units of output is 33.33
Solution:
The production function is Q = 
The initial value is 10 units. The production value is 50 units The manufacturing cycle needs work as stated below.
Q =
Q = 
L = 
The wage rate is $15 . The following is the expense of the manufacturing process.
TC = 
TC = ![( 15 * (\frac{Q}{3.162} )^{2} ) + [ P_{k * 10}]](https://tex.z-dn.net/?f=%28%2015%20%2A%20%28%5Cfrac%7BQ%7D%7B3.162%7D%20%29%5E%7B2%7D%20%29%20%2B%20%5B%20P_%7Bk%20%2A%2010%7D%5D)
The marginal production cost is really the increase in manufacturing costs as output increases by 1 point.
As listed below, the marginal cost:
TC =
MC = 
= 
MC = 
= 33.33
I think the answer is c.capitalize on interest but i'm not quite sure
Answer:
The correct answer is letter "B": A gift inter vivos.
Explanation:
A gift inter-vivos refers to the transfer of a property from one party to another while the donor is alive. This transfer must be celebrated through a written agreement providing the beneficiary absolute ownership of the property. In such a case, the donor cannot request the property back and gives up any right over it.
The beneficiary must accept the gift for the transfer to be complete and if the property has value, the beneficiary will accept it as well.
<em>The issue between Tina and Becca relies on not having signed any document for the transfer of the diamond ring but they are involved in an inter-vivos gift.</em>
Answer:
Yes, I agree
Explanation:
As managers in an organization, proper attention must be paid to the forces in the external environment because these forces are dynamic and business cannot exist without them hence must align with these changes inorder to be successful.
Some of theses forces have direct impact with an organization such as customer's reaction to a company's product, how well the company stays ahead of it's competitors , suppliers and creditors. External forces in the environment that have indirect impact to a company are compliance with local laws, socio cultural forces, religion etc.
Practical examples
• Customer's reaction to a product speaks to what measures are taken by a company to improving the quality of products produced and sold. Favourable reaction would make the company succeed while unfavourable reaction could mar the company's performance.
• Level of compliance with local laws is also an important force in the external environment that must be adhered to. If a company must succeed, it must comply with local laws and order, failure to do so could result to fine or expulsion from the community.
