Answer:
d. The decision maker must only stick to completely rational, mathematical analysis while selecting an alternative.
Explanation:
It is most ideal for a decision maker to stick to completely rational way of selecting an alternative as this means that the decision maker will only make choices that will be of maximum benefits and low costs. Factors such as personal feelings, or sense of obligation do not interefere when a decision maker sticks to completely rational and mathematical analysis method of decision making.
Answer:
Option A.
Includes partnering rather than competing with existing distributors
Explanation:
Through internet retailing, a business can partner with other distributors and enlist the products of the distributors on their website along side their products.They can charge a fee for each product sold via their platform, which can serve as additional revenue to the business, without much extra costs. This is because the platform is already available.
This is the business model that companies such as Amazon apply. They enlist products of other businesses on their online platform, sell them and make some profit for themselves.
This is what gives internet retailing a strong appeal.
Answer:
B. buyer must pay $2.33 per gallon for the rest of the year.
Explanation:
The correct answer is B. The seller agrees to supply gasoline for next year at $3 per gallon, the buyer agreed to it. When the gasoline prices declined the buyer insisted to reduce price and seller agreed to it. When the prices rise again the seller asked to raise price but buyer refused. Buyer cannot terminate the contract instead it has to continue buying at $2.33 per gallon if the seller is agreed to sell on this price for the rest of the year.
Answer:
Instructions are below.
Explanation:
Giving the following information:
Model A12:
selling price= $60
variable cost= $43
Model B22:
selling price= $111
variable costs= $79
Model C124:
selling price= $402
variable costs= $309.
Sales mix:
A12= 60%
B22= 27%
C124= 13%.
Fixed costs= $225,789
First, we need to calculate the break-even point in units for the company as a whole:
Break-even point (units)= Total fixed costs / Weighted average contribution margin ratio
Weighted average contribution margin ratio= (weighted average selling price - weighted average unitary variable cost)
Weighted average contribution margin ratio= (0.6*60 + 0.27*111 + 0.13*402) - (0.6*43 + 0.27*79 + 0.13*309)
Weighted average contribution margin ratio= 30.93
Break-even point (units)= 225,789/30.93
Break-even point (units)= 7,300 units
Now, for each product:
Sales mix:
A12= 0.6*7,300= 4,380
B22= 0.27*7,300= 1,971
C124= 0.13*7,300= 949
The value and cost of goods are easiest to determine when the goods are private goods.
And the best answer is D.
It will help you.