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icang [17]
2 years ago
5

Despite having sufficient snow, a local ski mountain has decided to close in early march for the end of the ski season. what is

the most likely reason to shut down in this situation
Business
1 answer:
RSB [31]2 years ago
7 0
<span>Most Ski resorts will try to extend the ski season as long as possible. This is because they are only going to earn money if they are open for business. In this case, the ski mountain is closing early in March instead of waiting until a more traditional time of year, probably late spring. While there may be a few reasons why the ski mountain might chose to close early even though there is sufficient snow this year, it is likely that this is a financial decision. If the ski mountain is not able to turn a profit, that is the most likely reason they will shut down early. If it is costing more to the keep the resort open then they can earn by staying open a few more weeks, then it would make sence to just shut down early.</span>
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The structure that organizations most commonly adopt to solve the control problems that result from producing many different kin
bija089 [108]

Answer:

a. True

Explanation:

There are two commonly used organization structures by firms. The first one is known as the<em> Functional Organization Structure</em>. The other one is known as the <em>Divisionalized Organisation Structure</em>.

Functional Organization Structure - Activities of a similar type within the company are placed under the control of the appropriate department head. Examples of Functions are Production, Marketing and Finance.

Divisionalized Organisation Structure - Organisations are split up into divisions in accordance with products that are made. These divisions are separate Investment and Cost Centers and decision making is decentralized.

3 0
2 years ago
Your company wants to take advantage of the growing Asian market and plans to build a manufacturing facility in the southeast re
Mkey [24]

Answer: c) 71 and 63

Explanation:

Country ratings based on weight and ratings scale;

Taiwan

= (0.15*85 + 0.15*85 + 0.2*70 + 0.1*85 + 0.4*30)

= (12.75 + 12.75 + 14 + 8.5 + 12)

= 60

Thailand

= (0.15*95 + 0.15*20 + 0.2*65 + 0.1*50 + 0.4*70)

= (14.25 + 3 + 13 + 5 + 28)

= 63.25

Singapore

= (0.15*40 + 0.15*95 + 0.2*75 + 0.1*85 + 0.4*70)

= (6 + 14.25 + 15 + 8.5 + 28)

= 71.75

Vietnam

= (0.15*30 + 0.15*20 + 0.2*55 + 0.1*50 + 0.4*60)

= 4.5 + 3 + 11 + 5 + 24

= 47.5

Best options would be Singapore followed by Thailand

8 0
2 years ago
A production possibilities frontier that is a straight line shows a a truer picture of the real world than does a bowed-out prod
VladimirAG [237]

Answer:

B.

Explanation:

The production possibilities curve shows the trade off, where the more of them of one item toy choose to produce means a corresponding decrease in the other item.

The curve represents the maximum productivity of two different items.

The curve also shows that the trade off may not be a 1 to 1 ratio. At each end, it only takes a small diversion of resources to produce a large quantity of the other item.

All points in the curve are possible and equally efficient in production. The points outside of the curve are impossible with own production. The points inside the curve are inefficient.

8 0
2 years ago
Server Corporation is a majority-owned subsidiary of Proxy Corporation. Proxy acquired 75 percent ownership on January 1, 20X3,
ozzi

Answer:

Event Proxy Corporation                              Debit Credit

          Journal Entry  

1         Investment in Server Corporation $133,500  

         Cash                                                         $133,500  

2         Investment in Server Corporation $22,500  

        Income from Server Corporation                 $22,500  

3         Cash                                                  $9,000  

         Investment in Server corporation           $9,000  

4          Income from Server corporation           $3,000  

         Investment in Server corporation         $3,000  

Download xlsx
3 0
2 years ago
The service division of Raney Industries reported the following results for 2020. Sales Variable costs Controllable fixed costs
Blizzard [7]

Answer:

Controllable margin =$125,000

Return on investment = 20%

Explanation:

<em>Controllable margin is the difference between the sales revenue and the controllable cost. Controllable costs include variable and fixed cost directly under the control of the manager and which are influenced by his decisions.</em>

Controllable margin - Sales revenue - variable cost - controllable fixed cost

Controllable margin= $500,000 - $300,000 - 75,000 = $125,000

Controllable margin =$125,000

Return on investment = (controllable margin/ Average investment) × 100

                     = (125,000/625,000) ×  100 = 20%

Return on investment = 20%

3 0
2 years ago
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