<h2>segment and company financial goals are congruent.</h2>
Explanation:
I think the options are missed and hence given below for your reference:
a) decision-making is made by the top executives.
b) investments made by each segment are minimized.
c) identification of operating segments that should be closed.
d) segment and company financial goals are congruent.
Let us understand the meaning:
Congruent: It means two or more things coincides when superimposed.
Financial goals: The target which needs to be achieved in the current financial year.
Segments: Segment speaks about the location, product or service provided by the company.
Financial goals are necessary so that it would be easy to organize and work towards the specific goal.
For the business goal to be achieved, every organization should frame financial targets or goals.
So the important goal is to achieve segment and company financial goals and they become congruent when achieved.
Answer:
C. Comparative advantage determines which goods a country should produce for export.
Explanation:
Just got it right on my quiz!
Answer:
Estimated manufacturing overhead rate= $34.57 per machine hour.
Explanation:
Giving the following information:
Acheson Corporation applies manufacturing overhead based on machine-hours.
Estimated manufacturing overhead $ 157,300
Estimated machine-hours 4,550
To calculate the estimated manufacturing overhead rate we need to use the following formula:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= 157,300/ 4,550= $34.57 per machine hour.
Answer:
Franchises.
Explanation:
A franchise is formed when a third party is given the right to market products using the brand name of a parent company. There is usually an agreement between the parent company and the third party on profit sharing from the franchise.
In this scenario Keith wants to try a brand recognition of a national chain, but he wants to stay in his local area and be the owner of the shop.
The best option is to form a franchise where he can use the national brand to grow his business locally.
Answer:
E) Focused market segmentation
Explanation:
A focused market segmentation segments the market based on very specific characteristics like consumers' income, location, etc.
In this case, Lucy's Swimwear is segmenting its market on a very specific demographic characteristic which is high income consumers that like differentiated and exclusive products. Its strategy focuses on a niche segment basically.
