Answer:
B. Jury of executive opinion method.
Explanation:
There are several methods of forecasting sales, one of which is Jury of executive opinion method. In this method, senior executives in an organization are called upon by the upper management to analyze, deliberate and come up with what probably will be the future sales of the organization which will in turn drive future revenue.
In as much as the people involved have experience in terms of forecasting, their overall submission will form the basis of future sales forecast of the organization.
Unlike Delphi method which involves the use of experts in analyzing and forecasting future sales and whose procedure is somewhat rigorous and formal, jury of executive opinion is not formal and only rely on the outcome of deliberations done by the managers appointed by the organization.
Other method of sales forecast are market share method, buyer intention method. etc.
Answer:
correct option is a. average total cost and average fixed cost.
Explanation:
given data
license fee = $1,000 per year
solution
we know that cost curves shift will be express as when the increase in the price of factor of production increase cost and shift cost curves upward
so cost curves shift by the average total cost and the average fixed cost
so here correct option is a. average total cost and average fixed cost.
Answer:
(a) Import Quota
Explanation:
Option B is wrong because import duty is the tax, which is collected from imported products. It cannot restrict any items or protect the coconut-based products industry.
Option C is incorrect because import tariff allows charging imported products at higher prices to restrict import goods. In that case, the company does not increase the imported goods price.
Option D is incorrect because the company does not get a subsidy from the government.
Therefore, option A is the answer because import quota restricts companies from importing goods and services on a limited basis to protect the local manufacturers.
Answer with Explanation:
Following are some types of account investments that are better for emergency funds and the return on these investment varies depending upon the risk born by the investors:
- Current Account Investments
- Commodity Investments
- Mutual Funds
If the inflation rate is below the return paid on the current account then it could be a better investment option as the money doesn't loose its value over time.
If the inflation rate is higher than the return paid on the current account then it is better to invest in commodities like gold, petroleum products, etc, that are often termed as speculative investments.
If the investor is risk seeking person, then it is better to invest in mutual funds as the return on such investments is higher because of the higher risk that the investor bears.
