Answer:
A failure or lack of succession management
Explanation:
The going concern of any business should always be its top priority. This is the reason why every organization should have a good succession planning and management in place.
Succession management is a process of having in place a program that prepares and equips potential leaders with adequate experience and skills to take over from incumbent leaders whenever they are out of service , so that the business can maintain its existence into the future.
In a situation where a succession management is not in place or effective , the death of a leader causes a major setback to the business as can be seen in the question.
Answer:
a. neither the nominal nor the real interest rate rise.
Explanation:
Under Fisher's theory, if the nominal interest rate increases at a higher rate than the inflation rate, then the real interest rate rises. If the inflation rate increases more than the nominal interest rate, then the real interest rate decreases.
Generally, an increase in the money supply decreases the nominal interest rate and increases the inflation rate. That results in both lower nominal interest rates and lower real interest rates.
Answer:
The total gains from trade are <u>4</u> dishes of pasta and <u>4</u> pizzas an hour.
Explanation:
Before specialization, Mia and Mario each produced 4 dishes of pasta and 4 pizzas per hour. After specialization, Mia is able to produce 12 dishes of pasta, and Mario is able to produce 12 pizzas per hour.
After specialization and trade, the total maximum combined output per hour is 12 dishes of pasta and 12 pizzas. Before specialization, the total maximum combined output per hour was 8 dishes of pasta and 8 pizzas. So the net gain of specialization and trade is 4 dishes of pasta and 4 pizzas per hour.
Answer: C.) jargon
Explanation: Based on differing fields, profession or line of expertise, some words or terms are usually reserved to connote a special relevance or usage within such field. In many cases, these words are usually popular only within the circle of such profession and usage is usually rampant within professionals or individuals in such field. Such terms which are usually specific to a profession or field and may be difficult for those outside the profession to understand are called JARGON. In the context above, Alimony is usually used within the legal setting to mean a husband's provision package to his spouse after separation.
Question
Ellis Television makes and sells portable televisions. Each television regularly sells for $210. The following cost data per television is based on a full capacity of 10,000 televisions produced each period.
Direct material - $80
Direct Labour -$60
Manufacturing overhead(70% variable, 30% unavoidable fixed cos) -$40
A special order has been received by Ellis for a sale of 2,000 televisions to an overseas customer. The only selling costs that would be incurred on this order would be $6 per television for shipping. Ellis is now selling 6,000 televisions through regular channels each period. What should be the minimum selling price per television in negotiating a price for this special order?
Answer:
The minimum selling price = $174.
Explanation:
The minimum selling price to be acceptable for the special order be the same as the relevant variable cost of producing a unit.
The relevant variable cost = marginal cost of a unit
Marginal cost = Direct material + Direct labour + Variable manufacturing overhead + shipping cost
Marginal cost = 80 + 60 + (70%× 40) + 6
= 174
The minimum selling price = $174.
Note : The 30% balance of manufacturing overhead which represents unavoidable fixed costs is irrelevant for this decision. These are costs that would be incurred either way whether or not the special order is accepted.
