Answer:
He will sell 600 pizzas per week if he cuts the price by 10%.
Explanation:
Price Elasticity of demand measure the responsiveness of demand to change in the price of a product. It calculates the ratio of change in demand and change in price.
Price elasticity of demand = % change in demand / % change in price
-2 = % change in demand / 10%
% Change in in demand = -2 x 10%
% Change in in demand = -20%
Following the law of demand as price decreases the demand of the product increases. So the sale of Pizzas will be increased by 20%.
Current Sale of Pizzas = 500 pizzas
Increase in sales = 500 x 20% = 100 pizzas
Increased sale = 500 + 100 = 600 pizzas
Answer:
The correct answer is Master Budget.
Explanation:
A master plan, as its name implies, is a document that contains the strategy to be followed in the medium term. This information is constructed by all those responsible for the areas of the organization, so it will have the details of the strategies for each missionary area. This document is generally organized to be executed in a time greater than 1 and less than 5 years in general.
Answer:
The type of company that are at the forefront of campaign are proactive company.
Explanation:
A proactive company can be defined as a company, which puts great amount of emphasis on the forward thinking strategic planning ( where company sets its operational objectives, makes long term strategic decisions, assess strength and weakness etc ) rather than focusing on reactive strategies to manage the problems and taking advantage of business opportunities.
THE PRINCIPAL IS THE $3000 WHICH SAM INVESTED.
In accounting, the principal refers to the amount of money which the investor used to do a particular business over a specific period of time. The profit made during this period is called return on investment [ROI]. In the question given above, $300 is the return on investment.
In the case of borrowing, the principal refers to the total amount of money that is borrowed for a period of time. The money will have to be repaid with an interest on it.
The fact that companies can now organize and analyze vast amounts of data on individuals to determine individual behavior profiles is due mostly to
advances in data analysis.
<span>Data analysis, also called the analysis of data, is a
procedure of assessing, purging, changing, and demonstrating information with
the objective of finding valuable data, recommending conclusions, and
supporting decision making. Data analytics is also another name for the
process.</span>
