Answer: a.Working to ensure that all variances are favorable.
Explanation:
Variance Analysis is an analysis of the difference between planned and actual numbers. For example of $599 was budgeted for bills but only $500 was paid, $99 would be the Variance.
Summing Variances up gives a picture of performance for a particular period of time in relation to if one has OVER -PERFORMED or UNDER-PERFORMED
The following are steps in Effective Variance Analysis Management
1. Identifying questions and their explanations
2. Preparing standard cost performance reports
3. Taking corrective and strategic actions
4. Computing and analyzing variances.
Option A is not included therefore it is the correct option.
If you require any further clarification do react or comment.
Answer:There are gains from trade but the distribution of these gains may not be the same for everyone
Explanation:There are some correlation between economic growth and trade.
Global economics intergration may be a potential factor that causes trade to affect economic growth positively.
When there is global intergration companies learn to adopt new technologies and those which doesn't may phase out ,dynamic firms which can export to the world experience an increase in demand and this lead to these companies gaining the advantage of operating on larger scale where price per unit product becomes lower. This means the company isnt restricted to their country of origin.
They can also lean and be innovative as they obtain more experience from exposures to certain technologies and adopt those technologies and certain standards that make these company compete efficient.
Answer: Inside order taker
Explanation:
The Inside order taker is one of the type of salesperson in an organization and the main responsibility of the inside order taker is to collecting the orders of the various types of products and then make a entries about the sales order at the counter.
According to the given question, Hollie is works as the salesperson for the Land's end and her duty is to taking the various types of orders from the consumer over the mobile or telephone system and ensure that the information is properly given by the consumer.
The inside order taker then making a proper entries of the orders and it also helps in increase the customer frequency for the new orders in an organization.
Therefore, Inside order taker.
Answer:
So, from a short-run perspective, so long as the sale does not affect other output prices or normal sales volume, a "below cost" sale may result in a net increase in income so long as the revenues cover the differential costs.
However, in the long run all costs must be covered or management would not reinvest in the same type of assets.
If the company must continually sell below the full cost of production then it will most likely get out of that particular business when it comes time to replace those facilities.
