Your answer is...............d. If you were starting college all over again, what courses would you take?
Answer:
correct option is C. Economies of scale
Explanation:
we know here that Margaret expend his business by 20 more people
so we can say according to given this is Economies of scale because
Economies of scale is cost advantage that the business can be exploit by the expand scale of production in long run
and effect is reducing long run average cost of production over the range of output and lower cost is improvement of productive efficiency
it can feed in form of lower market prices
they give business competitive advantage in the market and lead to lower price but high profit
so we can say correct option is C. Economies of scale
The response of local competitors was slow because they lacked the ability to marshal resources.
<u>Explanation:</u>
The focused cost leadership is a tactic in which businesses selling identical goods in a given market reduce their prices to raise sales and gain a competitive edge. Rather than sacrificing on value or already investing scarce resources to develop a commodity, reducing prices is a safer way to draw consumers. Walmart used such strategy to establish an edge in smaller communities but local competitors response was time taking as the resources were available but coordination among resources to result into proper manufacturing or servicing was lacking.
The most cost effective way for John to buy a house is on installment basis or by using up all his savings
Answer:
e- The typical cash budget reflects interest paid on loans as well as income from the investment of surplus cash. These numbers, as well as other items on the cash budget, are expected values; hence, actual results might vary from the budgeted amounts.
Explanation:
Cash budgets are the budgets that are prepared to forecast the cashflows of the company. The amounts appearing in the Cash budget statement are the budgeted amounts measured by the company.
However, the interest to be paid on loans in the next year is a pre-determined value i.e. the rates of interest on loan are fixed and the return on investment is also fixed. Hence, these both values can be determined exactly. The other amounts appearing on the budget statement are forecasted amounts and the actual results may vary from the budgeted amounts.
