Answer:
<u>efficiency</u>, <u>flexibility.</u>
Explanation:
For the predictable demand, Zara strives for <u>efficiency</u>, and for the unpredictable demand, Zara hopes to achieve <u>flexibility</u><u>.</u>
Zara seeks efficiency for the predictable demand because this type of demand can be programmed and controlled internally, that is, the items of this demand will be used for the production of other items, therefore it is necessary to have an estimate of the future demand, so that can forecast resources to supply demand efficiently.
In the case of unpredictable demand, Zara seeks flexibility, as this demand works according to market and consumption trends.
Answer and Explanation:
The journal entry for the recording of sales and sales tax payable is shown below:
Accounts Receivable $3,472
To Sales $3,200
To Sales tax payable $192 ($3,200 × 6%)
To Local tax payable $80 ($3,200 × 2.5%)
(Being the sales and sales tax payable is recorded)
For recording this we debited the account receivable as it increased the asset and credited the sales, sales tax and local tax as it increased the revenue and liabilities
Answer:
To be a successful entrepreneur it is necessary for the individual to develop essential communication skills, creativity, innovation and the ability to deal with the risks inherent in the business.
A well-positioned and competitive business is one that manages to create value for consumers by offering products and services that satisfy their wants and needs.
In Kenya, entrepreneurship has stood out as a means for citizens to seek employment and income opportunities, especially in opening up trade in products and services.
Entrepreneurship helps a country to develop by moving the economy and improving the population's quality of life, so it is necessary to have government incentives and information available on the subject.
Yeah for sure i guess ...
Answer:
110,257 units.
Explanation:
Fixed operating costs (FC) = $430,000
Variable costs (VC) = $2.10 per unit,
Sales price (P) = $6.00 per unit.
The revenue, as a function of 'n' units produced, for this company is given by:
The break-even point occurs when revenue is zero. The break-even point is:
Rounding it up to the next whole unit, the sales volume needed to reach the break-even point is 110,257 units.
