Answer:
Cost Volume Profit Analysis (CVP)
Explanation:
The Cost Volume Profit Analysis (CVP) shows the change in profit or loss as a result of change in the (1) cost structure (variable and fixed costs), (2) sales revenue and (3) level of activity.
Thus this would be helpful to Les in determining the effect that an incorrect variable cost estimate could have on the final outcome of the project by altering the cost structure.
Answer:
a. an informative process speech
Explanation:
An expository speech is one that explains the processes involved in doing an activity. It is meant to inform the audience on processes involved in executing a task.
In this scenario strip mining is the process of removing the top layer of soil in order to gain access to a mineral. This process is opposed to digging of deep holes to access minerals. The method is commonly used in coal reserves.
An expository speech by Katerina on strip mining will be an informative process speech on this process of mining minerals
Answer:
A sole proprietorship is a form of business owned and managed by one person.
Explanation:
Advantages:
1. It involves small capital to set up the business.
2. There is a close relationship between owner and customers which improves personalised product/service delivery.
3. There is privacy in conducting business affairs.
4. All profits accrue belongs to the business owner.
Disadvantages:
1. The sole proprietor bears the risks alone.
2. There is limitation in expansion
3. Unlimited liability in cases of business failure, his assets maybe sold to pay of debts.
The advantages of owing a sole proprietorship are:
1. Ability to manage the business.
2. The low startup cost.
Answer: c. Decline is reversible at the crisis stage, whereas it is irreversible at the dissolution stage.
Explanation: Crisis Stage; at this stage decline is still reversible if the
organisation reorganizes it ways of operations or conducting business. What they can do at this point is to carryout cutbacks and layoffs which would help reduce it's financial burden and create additional capital to run the business. At the dissolution stage nothing can be done anymore to salvage the company as it would have run into bankruptcy and would need to fold up.
Answer:
B. product
Explanation: the unusual ingredients are part of the product.
