Answer:
Benchmark.
Explanation:
In this scenario, Mr. and Mrs. Smith were interested in purchasing a vacant lot. However, they first wanted the property surveyed. When the surveyor came out to measure the property he began measuring from the iron spike embedded in the middle of the street. In this case, the iron spike would be known as benchmark.
In real estate, benchmark can be defined as an indicator which is used by individuals or group of developers to measure and define properties such as a land. Iron spikes and wood stakes could be used as a benchmark for indicating ownership or measurement of a property.
Answer:
Corporate citizenship
Explanation:
Corporate citizenship - it is referred to as the kind gesture that is initiated by any organization toward the local company. This gesture is not in the form of investing in business but also includes some investment particularly for the local community.
it helps to enhance the company's performance and reduce the risk. it helps to improve the social relationship with others.
Redangle corp. is a company that allows its employees to set up home offices and communicate electronically to its corporate office. this is an example of <u>telecommuting.</u>
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Communication (from the Latin communicate, meaning to share or relate) is "the apparent response to the painful division between self and other, private and public, inner thought and outer world.
As this definition suggests, communication is difficult to define in a consistent way because, in common usage, communication refers to a very wide variety of actions involved in the dissemination of information.
Peters argues that the difficulty in defining communication stems from the fact that it is both a universal phenomenon (because everyone communicates) and a specific field of systematic academic research. doing.
learn more about Communication here. brainly.com/question/26152499
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Answer:
hi your question lacks the required options here is the complete question and options
You are a manager for a monopolistically competitive firm. From experience, the profit-maximizing level of output of your firm is 100 units. However, it is expected that prices of other close substitutes will fall in the near future. How should you adjust your level of production in response to this change
a. Produce less than 100 units
b. Insufficient information to decide
c. Produce 100 units
d. Produce more than 100 units
Answer : Produce less than 100 units
Explanation:
A monopolistic firm is a firm that has the sole responsibility or sole ownership of the right of production of certain goods and services. and such products are profit maximizing products because the demand for the products determines the price in the market and also the products are produced at marginal cost equaling its marginal revenue.
From experience when the prices of the close substitutes of the product fall the demand for the product will decrease hence its market price will fall therefore it is wise to produce less than the usual 100 units to still maximize profit.
Answer:
$5,000= ending inventory
Explanation:
Giving the following information:
Gross margin is normally 40% of sales.
Sales= $25,000
beginning inventory= $2,500
purchases= $17,500
First, we need to determine the cost of goods sold:
COGS= 25,000*0.6= 15,000
Now, using the following formula, we can calculate the ending inventory:
COGS= beginning inventory + cost of goods purchased - ending inventory
15,000= 2,500 + 17,500 - ending inventory
5,000= ending inventory
