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2 years ago

13

jerome needs to track what materials the business has in shock and compare current amounts with the amounts at the beginning of

the month. what is he working with

1 answer:

Svet_ta [14]2 years ago

7 0

Jerome could be taking inventory. This process ensures that the business has the raw goods it needs to operate.

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Each month jessica buys exactly 15 big macs regardless of the price. jessica's price elasticity of demand for big macs is:

faust18 [17]

Price of elasticity of demand represents the measure of the change in the quantity demanded of a product in relation to its price change. The fact that Jessica buys each month exactly teh same quantity of the roduct (Big Mac) no matter what the price of the product ismeans that Jessica's price elasticity of demand for Big Macs is: 0.

In this situation the price of the product does not affect the demand.

7 0

2 years ago

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_______ is the ability to anticipate, envision, maintain flexibility, think strategically, and work with others in the organizat

Leni [432]

Answer:

The correct answer is c) Strategic leadership

Explanation:

Strategic leadership is the ability to anticipate, envision, maintain flexibility, think strategically, and work with others in the organization to initiate changes that will create a viable and valuable future for the organization.

Strategic leadership can also be explained as the capability for employing strategies in the management of employees.

7 0

2 years ago

Derick works as a researcher and market analyst for a company. His current responsibility is to forecast the company's sales. He

Anna11 [10]

Answer:

The correct answer is B) Buyer Intentions Method also known as <em>Consumers' Buyer Plan.</em>

Explanation:

This plan involves approaching customers to elicit information from them about their likelihood to make purchases during a particular period. It is most effective when the number of customers is small relative to the ability of the business to reach out to them.

A sales forecast based on this method has several demerits such as:

The customers may change their minds anytime without consultation with the business
It is an uneconomical way to do a forecast when the client base is large
Predicting sales over the long-run using this method is statistically impossible

It has a few merits in that the information is obtained first hand from the consumers or buyer and the real intentions of the buyers at the time of collecting information is known.

Cheers!

5 0

2 years ago

Kate is a florist. Kate can arrange 20 bouquets per day. She is considering hiring her husband william to work for her. Together

Grace [21]

Answer:

Marginal product is the addition to the number of goods produced when 1 worker is added to the workforce. In this case one worker will be added to the workforce if William is hired. When will is hired the bouquets per day increase from 20 to 35. This means that the addition to the number of bouquets is 15(35-20). So When William is hired the number of goods increase by 15 which means William's Marginal product is 15.

Explanation:

4 0

2 years ago

The price tag on a tennis ball in 1975 read $0.10, and the price tag on a tennis ball in 2005 read $1.00. The CPI in 1975 was 52

erma4kov [3.2K]

Answer:

a) $0.27, so tennis balls were cheaper in 1975.

Explanation:

This is a question that has to do with the time value of money & includes accounting for inflation.

Let's list out the given parameters us:

Nominal price (1975) = $0.10, CPI (1975) = 52.3, Nominal price (2005) = $1.00, CPI (2005) = 191.3

We want to know how much the tennis ball cost in 1975 dollars, hence, we make 1975 our base year. The calculation follows below:

Real price (2005) = Nominal price (2005) * CPI (1975) ÷ CPI (2005)

Real price (2005) = 1.00 * 52.3 ÷ 191.3

Real price (2005) = $0.2734

Real price (2005) = $0.27

The calculation reveals to us that a 2005 tennis ball cost $0.27 (in 1975 dollars). Which means that a tennis ball in 2005 is more costly than it did in 1975.

Hence, option A is the correct answer

5 0

2 years ago

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