Transnet SOC Ltd is a rail, port, and pipeline company in Johannesburg.
Price: This company is a price maker, therefore, in terms of price, Transnet perfect compitetor is a price taker.
Output: Transnet has the ability to decide the quantity of their output and they have many competitors on this one.
<span>Profit: Transnet might be able to increase their profit but in a competition it would be hard because customers might switch to the competitor. </span>
Answer:
$685,000
Explanation:
First and foremost, the formula for determining the contribution margin ratio can be used to determine the target dollars sales as shown below:
contribution margin ratio=contibution margin/sales revenue
contribution margin ratio=16%
contribution margin required=pretax income+fixed costs
contribution margin required=$71,200+$38,400=$109,600
16%=$109,600/sales revenue
16%*sales revenue=$109,600
sales revenue=$109,600/16%
sales revenue=$685,000
Answer:
Authorizing the team to make decisions traditionally made by managers.
Explanation:
That gives them a sense of leadership and knowing that certain ideas and contributions they make will eventually be valid. It fuels their energy to do more and that helps the company grow which is what the management looks out for.
Answer:
double - blind experiments.
Explanation:
Double - blind experiment -
It is an experimental method , which helps to avoid any impartiality and any error due to biasing .
The experiment give rise to very accurate results , which is very important for any experiment .
Hence , the new director Margaret , need to design a set of double - blind experiments .
Answer:
Lunch and learn are casual gatherings where individuals can eat just as find out about the meeting. It is an open door for colleagues of various fields to share their expertise and experience. This methodology can urge and rouse representatives to learn.
(
a). This end isn't a lot of viable as it doesn't make a decent effect on the brains of the members. The end ought to be welcoming individuals not giving them the courses of events to book reservations. Greeting ought to be offered uniquely to the quantity of individuals constrained to the quantity of seats accessible.
(b). It is the best shutting as Lunch and Learn ought to be entertaining. On the off chance that the occasion has been at short notification, members can bring their own lunch and accumulate for an enjoyment learning meeting. This end is additionally a casual greeting for the casual meeting.
(c). This shutting isn't a lot of successful as Lunch and Learn is progressively about Learn while having nourishment. There is a casual conversation about work while eating. It is nothing worried about how to eat brilliant or eating high-calories.