Answer: The contracting of physical distribution tasks to third parties who do not have managerial authority within the marketing channel is known as outsourcing.
Explanation: Outsourcing can be a great move for many companies because often times they are able to receive the product cheaper through cheaper labor or have a supplier that focuses on just that one thing develop it better. Outsourcing allows someone who is better skilled in a particular area make a good or act on a service rather than the initial company.
Answer: Options-based planning
Explanation:
The Option based planning is one of the concept that helps in maintain the flexibility of the various types of plans for making the various types of investments.
The main purpose of the option based planning is that it helps in maintaining the slack resources are are specifically used in the for of extra resource for the purpose of adapting the various types of changes and also the problems.
According to the given question, the Douclamp is one of the type of manufacturing company that basically making small level of investments on the iron ore plant.
Therefore, Douclamp is using the options based planning based on the given scenario.
Answer: Market based transfer pricing
Explanation:
A transfer price is the price which is charged by one division of an organization for the product or service which is supplied to another division of the same organization.
The three main criteria which must be satisfied by transfer pricing system in the decentralized company are:
(1) provision of information that allows central management to assess the divisions based on their contribution to total profit of the company
(2) stimulate every manager’s efficiency without the loss of the division’s autonomy.
(3) motivation of the divisional managers in order to accomplish their own profit goal in a way that contributes to the success of the company.
This is market based transfer pricing because the $220 transfer price that is selected is based on quoted external price.
She has to be skillful in business and design
Answer: 145332
Explanation:
Current assets are the assets that a company has wgich are expected to either be sold or used during the next year and they iinclude cash, stock inventory, accounts receivable, marketable securities, cash equivalents, pre-paid liabilities, etc
It should be noted that:
Total asset = Current asset + $356190 + $4176
= Current asset + $360366
Long term debt + equity = 76445 + 200000 + 134461
= $410906
Current liabilities = $94,792
Since current liabilities= Total asset - (long term debt + equity)
$94,792 = (Current asset + $360366) - $410,906
Current asset = $94792 + $410906 - $360366
= $505698 - $360366
= $145,332
