Answer:
False.
Explanation:
In Business management, it is very important, essential and necessary that the top executives or management of an organization design, develop and establish a set of ethical codes, principles, laws, rules, regulations and standards that serve as guidelines, procedures and moral compass to all the employees working in an organization. These set of rules help the employees to understand what is acceptable or allowed while working with the company, as well as understanding the difference between right and wrong behaviors in their actions and decision-making.
Hence, individual employees do not have any influence over ethical expectations and behavior because it is out of their control and are primarily being defined by the top executives or management of the company.
Answer:
$375
Explanation:
If Johnson will use the desired gross margin percentage to determine the selling price of its products, they must use the following formula:
selling price per unit = total manufacturing costs per unit / (1 - gross margin)
Total manufacturing costs = variable manufacturing costs + total fixed costs + batch level fixed overhead = $2,350,000 + $1,200,000 + $200,000 = $3,750,000
total manufacturing cost per unit = $3,750,000 / 20,000 units = $187.50
selling price per unit = $187.50 / (1 - 50%) = $187.50 / 50% = $375
Answer: Moderately slow introduction, followed by modest growth, gradually leveling off
Explanation:
The product life cycle is the time a product takes from the introduction stage to the decline stage when it's off the market.
Based on the above scenario, the product life cycle of this product will be moderately slow introduction, followed by modest growth, gradually leveling.
This is because since it's a new product, there will be a slow introduction as people will just be getting used to the product, then as customers begin to buy the product and it's brand becomes known, there'll be a modest growth before it levels off.
Answer:
A
Explanation:
Breakeven quantity is the number of units produced and sold at which net income is zero
The product should not be released because the demand is less than breakeven quantity. If the product is released, the firm would earn losses
Answer:
$1,883.81
Explanation:
To calculate this, we use the formula for calculating the present value (FV) as follows:
PV = FV ÷ (1 + r)^n ……………………………………………. (1)
PV = Present value or the amount to invest in the CD = ?
FV = future value or the amount needed in three years = $2,000
r = interest rate = 2% annually = 2%/4 quarterly = 0.5% or 0.005 quarterly
n = number of period = 3 years = (3 × 4) quarters = 12 quarters
Substituting the values into equation (1), we have:
PV = 2,000 ÷ (1 + 0.005)^12 = 2,000 ÷ 1.0616778118645 = $1,883.81
Therefore, Angela should invest $1,883.81 in the CD.
