Answer:
MRCORRECT has answered the question
Explanation:
The influence of cultural factors on business is extensive. Culture impacts how employees are best managed based on their values and priorities. It also impacts the functional areas of marketing, sales, and distribution. It can affect a company's analysis and decision on how best to enter a new market.
Explanation:
There are no deficits or surpluses in terms of output, no obstacles to the entry or exit of businesses on the market, and the number of customers is so high that it is only the economic demand that decides the value of the products in the market. Thus, the reality is that the market is completely open. All producers earn normal profit and both manufacturers and consumers accept the commodity price.
In comparison, a monopoly market competition can be defined as a business environment where one entity or group of companies dominates the supply market and thus controls output factors. In this case, the monopolist decides the price of the goods on the market, as the competition is always strong. Free entry or departure from companies is not allowed in a monopolistic competitive market.
The short-term and long-term production or profitability are the same in the case of a fully competitive market. Since the production factors are often under control and fully meet the demand and supply of the market. In the shorter term and that in the long run, a perfect competition business will see stable and strong economic growth. In the case of a business or corporation which is fully competitive, there is no distinction between the competitors ' profit margins and all companies have the same rate of profit.
Answer:
4.62 years
8.02%
Explanation:
The payback period is the number of years it would take the investment to recoup itself.
Payback=initial capital outlay/annual cash flow
initial capital outlay is the cost of the new machine plus installation cost minus the salvage value of the old machine.
initial capital outlay=$40,070+$1,200-$2,000=$ 39,270.00
Annual cash flow is the reduction in operating costs of $8,500 per year
payback =$ 39,270.00/$8,500.00=4.62 years
The internal rate of return is computed in the attached
<span>D. Social Security often does not provide enough money for retirees to be able to afford their accustomed lifestyles.
</span>
