Answer:
Thus, effective purchasing Implies buying the right items needed for operations at the right/fair price so as to reduce the total cost of operations, which invariably leads to more Profit since there's reductions in costs.
Answer:
We have to classify the transfers as Direct Transfer, Indirect Transfer Through Investment Banks, and Indirect Transfer Through Financial Intermediaries.
(a) - Indirect Transfer Through Financial Intermediaries.
A market mutual fund is a financial intermediary, and it is the option that Elliot has chosen to transfer capital.
(b) - Direct Transfer
As the statement explains, the company has not gone through any financial intermediation to raise capital. It has directly done so.
(c) - Indirect Transfer Through Investment Banks
xEdu.com hired an an investment banking to issue its initial public offering
(d) - Direct Transfer
Erin borrowed the money from his uncle without any financial intermediation.
Answer: Production orientation
Explanation: It refers to a strategy when the company focuses only to provide the best quality product in the market without taking into consideration the preference of the customers.
In the given case, Steel makers are focusing on making their business process the best in market so that they can gain a competitive advantage.
Thus, from the above we can conclude that the correct option is C.
Answer:
1) The demand will decrease by 37% as a result of a 10% increase in price:
0.10 x -3.7 = -0.37 a ngevative impact in the maginitude of 37%
2) Revneue will fall
3) The decrease in revenues will be for 30.7%
Explanation:
<u>Revenues Price x Quantity</u>
P (1 + 0.1) Q (1 - 0.37) = (1.1)(0.63) = 0.693
we apply to the price the 10% increase
and we apply to the demand the 37% decrease in quantity
The revenue will fall to 0.693 = 69.3%
100 - 69.3 = 30.7%
