Answer:
The marginal cost curve is usually U-shaped. Marginal cost is relatively high at small quantities of output; then as production increases, marginal cost declines, reaches a minimum value, then rises.
Explanation:
N/A
Answer:
Strategic plans are made by the upper echelon of a company's management. They are long term and done with the intent to achieve company wide missions and visions.
Tactical plans come next and are made by the middle-level managers. They are not as long term as strategic plans and are typically less than a year but more than half a year. They are done to meet the strategic plans.
Operational plans are not very long term and are typically under half a year. They aim to meet strategic plans and are done by low-level management. It is usually detailed as it aimed at a particular goal.
Strategic Plans
- Reducing production waste to landfill sites by 60 percent.
- Reducing the impact of our operations.
- Addressing child labor in the cocoa supply chain.
Tactical Plans
- Reducing our energy and GHG in manufacturing.
- Educating employees to reuse water and improve processes.
- Reducing packaging material.
Operational Plans
- Eliminating 50 million pounds of packaging material.
- Buying certified commodities.
Projects are specific and so have specific goals as they aim to achieve a particular mission. They have a defined start and finish.
Programs on the other hand are a group of projects which would produce individual results that when put together, contribute to the larger goal of the program.
Policies are the guidelines that a company institutes in order to meet their goals.
Projects
- Reducing production waste to landfill sites by 60 percent.
- Eliminating 50 million pounds of packaging material.
- Educating employees to reuse water and improve processes.
Policies
- Buying certified commodities.
- Reducing packaging material.
- Addressing child labor in the cocoa supply chain.
Programs
- Reducing our energy and GHG in manufacturing.
- Reducing the impact of our operations.
In the Weighted Average Cost of Capital (WACC) equation, the symbol <u>"Ke" </u>represents the costs of raising capital by issuing new stock.
The full WACC formula is below:
WACC Formula = (E/V * Ke) + (D/V) * Kd * (1 – Tax rate)
The market for money, the quantity of money demanded exceeds the money supply, the interest rate will It will rise, and households and businesses will have less money.
When demand exceeds supply, people sell assets such as bonds for money. This increases the supply of bonds, lowering bond prices and increasing market interest rates.
When money demand increases, the money demand curve shifts to the right and nominal interest rates rise. Conversely, when the demand for money decreases, the demand curve for money shifts to the left and interest rates fall.
To understand why interest rates are falling, remember that people who want to hold less money want to hold more bonds. Panel (b) therefore shows an increase in demand for bonds. High bond prices mean low interest rates. When interest rates fall, financial markets are rebalanced.
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