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kotykmax [81]
3 years ago
10

Explain project teams

Business
1 answer:
kifflom [539]3 years ago
6 0

Answer:

A project team is a team whose members usually[quantify] belong to different groups, have different functions and are assigned by the project manager to activities for the same project. A team can be divided[by whom?] into sub-teams according to need. Usually project teams are only used[by whom?] for a defined period of time. They are disbanded[by whom?] after the project is deemed[by whom?] complete. Due to the nature of the specific formation and disbandment, project teams are usually in organizations.

Explanation:

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Stone Corporation is a manufacturing company that makes small electric motors it sells for $45 per unit. The variable costs of p
Anton [14]

Answer:

40,000 units

Explanation:

Given that,

Selling price per unit = $45 per unit

Variable cost per unit = $25

Fixed cost = $800,000

Contribution margin per unit:

= Selling price per unit - variable cost per unit

= $45 - $25

= $20

Break - Even units:

= Fixed cost ÷ Contribution margin per unit

= $800,000 ÷ $20

= 40,000 units

Therefore, the Break - Even sales in units are 40,000.

5 0
3 years ago
Describe the current global strategy and provide evidence about how the firm’s resources and competencies support the pressures
oksian1 [2.3K]

Describe the current global strategy and provide evidence about how the firm’s resources and competencies support the pressures regarding costs and local responsiveness. Describe entry modes they have usually used, and whether the modes are appropriate for the given strategy is described below

Explanation:

Global Strategy’ is a shortened term that covers three areas: global, multinational and international strategies. Essentially, these three areas refer to those strategies designed to enable an organisation to achieve its objective of international expansion.

In developing ‘global strategy’, it is useful to distinguish between three forms of international expansion that arise from a company’s resources, capabilities and current international position.

Implications of the three definitions within global strategy:

International strategy: the organisation’s objectives relate primarily to the home market.

Multinational strategy: the organisation is involved in a number of markets beyond its home country. But it needs distinctive strategies for each of these markets because customer demand and, perhaps competition, are different in each country. Importantly, competitive advantage is determined separately for each country.

Global strategy: the organisation treats the world as largely one market and one source of supply with little local variation. Importantly, competitive advantage is developed largely on a global basis.

3 0
3 years ago
Dennis, who consumes only grilled chicken sandwiches and salads with low-fat dressing, has a weekly income of $100 to spend on f
Kitty [74]

Answer:

1. buy more salads and fewer sandwiches.

Explanation:

As we know that

\textup{MU}_{S}=\textup{Marginal utility of Sadwitches}

\textup{MU}_{SA}=\textup{Marginal utility of Salad}

\textup{P}_{S}=\textup{Price of Sanswithches}

\textup{P}_{SA}=\textup{Price of Salads}

Therefore

\frac{MU_{S}}{MU_{SA}}=\frac{P_{S}}{P_{SA}}

\frac{MU_{S}}{MU_{SA}}=\frac{\$40}{\$40}=1

Now the price ratio is

\frac{P_{S}}{P_{SA}}=\frac{\$3}{\$2}=1.5

It is probable if you rising marginal utility numbering and reduce denominator marginal utility. If you reduce their intake, the MU of a food item will raise. Such decrease in the composition would make the quantity of the food element scarce. And its usefulness goes up. The Numerator here is sandwich MU. And to increase their marginal utility, you can reduce sandwich consumption.

Salad should need just the reverse. You raise salad intake so the MU reduces. Therefore you have to eat more salads and less chicken sandwiches to maximise the utility. So, salad is replaced by sandwiches for chicken.

5 0
3 years ago
Walmart began offering low-priced extended warranties on home electronics after learning that its rivals such as Best Buy derive
LenaWriter [7]

Complete/Correct Question:

Walmart began offering low-priced extended warranties on home electronics after learning that its rivals such as Best Buy derived most of their profits from extended warranties. According to the Stalk and Lachenauer book, this is an example of the strategy to

A) plagiarize with pride.

B) deceive the competition.

C) devastate rivals profit sanctuaries.

D) unleash massive and overwhelming force

Answer:

c, devastate rivals profit sanctuaries

Explanation:

For Walmart to start making as much or more profits than its rival, Best Buy, it decided to head in the same direction as Best Buy by offering low-priced extended warranties on home electronics.

This action simply means that Walmart has infiltrated the profit strategy system of Best Buy and is using that a a competitive edge to also increase customer base as people will prefer to go Walmart as it has become cheaper.

Devastating rivals profit sanctuaries therefore means targeting the area or strategy of rivals to make more profit.

Cheers.

8 0
3 years ago
The adjusted trial balance of Blossom Company at December 31, 2019, includes the following accounts: Common Stock $17,200, Divid
kap26 [50]

Answer:

Explanation:

Before preparing the retained earning statement, first we have to compute the closing balance of retained earning which is shown below:

The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid

= $7,900 + $13,500 - $7,000

= $14,400

The statement of retained earnings is presented in the spreadsheet. Kindly find the attachment below:

4 0
3 years ago
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