Answer:
Hierarchy
Explanation:
Often, managers are placed with superior authority than other employees of a firm. These employees are expected to respect the manager in their operations. When it comes to decision making they follow the hierarchy of staff members, that is from Top to Down level.
Thus, In a law firm we would expect a hierarchical structure that is based on years of practicing law.
Answer: A market segment is a group of people who share on or more common characteristics, lumped together for marketing purposes.
Explanation: People, or sometimes groups of people, who share similar thoughts, personalities, income, or lifestyle, will often be grouped together by companies for the purpose of advertising to them more efficiently. When this happens, it is called a market segment.
Answer:
It need sales figure of 22,125 units per year to break even considering their currnent contribution marign and fixed cost.
Explanation:
fixed cost per year:
equipment lease cost: 288,000
other overhead cost <u> 48,300 </u>
total fixed cost 336,300
contribution per unit:
sales revenue - variable cost
39.75 - 14.55 = 15.20
each units generates $15.20 dollar we need to save up for 336,300 dollars
break even point:
336,300 / 15.20 = 22,125 units
I believe it was Heath Andreeson