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.
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.
Answer:
1. buy more salads and fewer sandwiches.
Explanation:
As we know that
Therefore
Now the price ratio is
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.
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.
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:
