A. allows you to diversify as opportunities develop.
Answer and Explanation:
The court can hold that Hemmerling is an employee of the Happy Cab Co. in several cases:
1) The standard operating procedures followed by Hemmerling that is stated by Happy Cab Co. such as abiding by variety of rules, the hours he could work and solicitation of fares.
2) Hemmerling also paid fixed expenses and the car provided by the cab company suggest that he works for the company just like any other employer employee relationship.
Answer: Option A
Explanation: In simple words, differentiation strategy refers to the strategy in which a firm tries to develop and introduce a unique product that the customers find different from the other products offered by the competitors.
Thus, the emphasis that the company places on the differentiation works for the benefit of the company as it gives the company an easy competitive advantage.
Hence the correct option is A.
Answer:
I would advise Mr. Raiman to reduce the quantity of output produced.
Explanation:
Mr. Raiman produces 12 pairs of shoes per week.
The marginal cost incurred in producing the 12th pair is $84.
The marginal revenue earned from the 12th pair is $70.
The marginal cost is greater than marginal revenue. This means that Mr. Raiman is having a loss.
In order to maximize profits, he should produce at the point where the marginal cost is equal to marginal revenue.
So, I would suggest him to reduce the output to the level where marginal cost is equal to marginal revenue.
Answer:
The value of m is Three (3)
Explanation:
The annualized return or annual return on investment s the percentage that tells you how much an investment has increased in value on average per year over a period of time.
Annual return can be a preferable metric to use over simple return when you want to evaluate how successful an investment has been or to compare the returns of two investments you've held over different time frames on equal footing.
Now, to calculate the annual returns,
We look up the current price and purchase price.
If the stock has undergone any splits, make sure the purchase price is adjusted for splits. If it isn't, you can adjust it yourself. For example, if you held a stock for 4 years, during which time it has had a 2:1 and a 3:1 split, then you can calculate your split-adjusted purchase price by dividing your purchase price by 6 (2 x 3).
Then we calculate the simple return percentage
After which we go ahead to annualize it.
