______ is a contract between two or more parties in which one party agrees, for a fee, to assume the risk of another.
Answers
The term you are looking for is "insurance". Insurance is a contract between two or more parties, where the insurer agrees to provide financial protection to the insured in exchange for a fee, which is called a premium. The purpose of insurance is to transfer the risk of potential loss from the insured to the insurer.
Insurance policies are available for various types of risks, such as life, health, property, liability, and others. The insured pays a premium, and in return, the insurer promises to pay for losses that may occur due to covered events. Insurance is an essential tool for managing risks, as it provides individuals and businesses with financial protection against unforeseen events. It is also a critical component of the modern economy, as it enables businesses to take on risks and pursue opportunities that would otherwise be too risky or expensive to pursue.
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Related Questions
Which collection instrument do businesses generally use to conduct surveys? Businesses usually use a collection instrument such as a BLANK to collect market research data through surveys.
Answers
Answer:
questionnaire
Explanation:
A questionnaire is basically a survey, only that it is a much fancier term. Surveys and questionnaires are basically synonyms, and are both used to gather primary information, i.e. first hand information directly form the source. They are the most commonly used research tools.
Tom is a very discerning individual who keeps track of his income and expenditures. He lives in a rented house but wants to own a house in the future. To do this, Tom prepares an elaborate plan and tries sticking to it very strictly. However, he is concerned about eventualities that might occur in the future and disturb his plan. Which practice can help him prepare for any problems with his plan?
A- Regularly review and revise his plan
B- Get his plan reviewed and recreated by a financial expert
C- Make several investments to increase his source of income
D- abstain from making expenses, excluding few necessary ones
Answers
If Tom is a very discerning individual who keeps track of his income and expenditures. The practice that can help him prepare for any problems with his plan is; A- Regularly review and revise his plan.
What is planning?Planning can be defined as the way in which a person tend to develop or create a goal that he/she intend to achieve and work towards achieving it.
Based on the given scenario by regularly reviewing and revising his plan can help him prepare for any problems with his plan based on that that reviewing his plan will help him to known what may have negative effect or positive effect on his plan.
Therefore the correct option is A.
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The catapult systems repair crew on an aircraft carrier is responsible for repairing the system that launches the aircraft from the carrier. no two repairs are alike, and because pilots' lives are at stake, quality is imperative. repair personnel often have to develop creative solutions on the spot instead of depending on standard procedures. as a result, the most effective structure for the catapult systems repair crew is a(n) ________ structure.
Answers
Answer: Organic Structure
Explanation: Organic Structure may be explained as a type of organizational structure which often promotes creativity, being proactive and flexible decision making due to the unstable and dynamic nature of the work environment and problem the organization has to solve. In the scenario above, due to the risky nature of the task at hand, catapult repair crews do not posses the luxury of time to follow rigid orders, rules or follow a centralized model of problem solving. Therefore, a decentralized model is often adopted in other to afford the repair crew to use their tactical nous, experience and creative ability to approach, tackle and provide quick and quality solutions to lingering problems.
consider the factors of production that go into a fast food restaurant. indicate if each of the following is an example of land, labor, or capital.
Answers
The stoves and other cooking equipment : capital The person who cleans the restaurant: labor The tables and chairs for customers: capital The plot of land on which the restaurant is built are the factor of production.
Explain about the factor of production.
The inputs required to generate commodities and services are referred to as factors of production in economics. Land, labour, capital, and entrepreneurship are the contributing variables. The four components include the materials needed to produce a thing or service, as determined by a nation's gross domestic output (GDP).
The effort that people put forth when they produce a thing or a service is referred to as labour as a factor of production. An author publishing a book or an artist creating a painting are two examples. All work done for a financial incentive qualifies as labour, including both physical and mental effort. Human capital, which is defined by an individual's abilities, training, education, and productivity, also influences the value of labour.
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which of the following are sources of cash? i. decrease in inventory ii. increase in accounts receivable iii. repayment of a bond iv. sale of preferred stock
Answers
The sources of cash are a decrease in inventory and the sale of preferred stock. The correct options are (i) and (iv).
(i) Decrease in inventory: When inventory decreases, it signifies that goods have been sold. This results in cash inflow from the sales, as customers pay for the products they purchase. It represents a source of cash for the business.
(iv) Sale of preferred stock: When a company sells its preferred stock, it raises funds by offering ownership in the company to investors. This generates cash inflow as investors purchase the preferred stock. It serves as a source of cash for the business to finance its operations, invest in projects, or pay down debt.
However, the other two options do not generate cash:
(ii) Increase in accounts receivable: An increase in accounts receivable means that the company is selling products on credit but has not yet received payment, which does not result in immediate cash inflow.
(iii) Repayment of a bond: Repayment of a bond is a cash outflow, as the company is paying back the principal amount of the bond to its bondholders. It is not considered a source of cash as it involves using existing cash to repay the debt.
Therefore, the correct sources of cash from the options provided are a decrease in inventory and the sale of preferred stock. So options (i) and (iv) are correct.
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In the neoclassical view, the economy has a ___________________________ to move back to potential GDP.
Answers
The neoclassical view, the economy has a tendency to move back to potential GDP.
What is Neoclassical view?Neoclassical theory explains that the amount or quantity of goods that is produced is directly dependent on the amount of the goods that is demanded and Supply.
This also influence the price and how it is consumed.
Therefore, The neoclassical view, the economy has a tendency to move back to potential GDP.
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6. How will a court decide whether it should order Berner to refrain from using the term
air door?
Answers
Air curtains are frequently used to keep flying pests, dust, debris, and wind out of a building. Air curtains form an air barrier between the conditioned interior air and the outside air.
What is the purpose of an air door?An air curtain, also known as an air door, is a machine that creates an air seal by blowing a controlled stream of air across an opening to the other side. This seal separates two environments while allowing for a continuous flow of traffic and unobstructed vision through the opening.
To lock or unlock, simultaneously press and hold the left and right arrows for 5 seconds; the Locked light will illuminate. If the PASScode option is enabled, any attempt to unlock the control will result in the display of PASS followed by a 0000 prompt for a four-digit unlock code.
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Both Coca Cola and Benetton are global enterprises. Conduct online research and answer the following questions: What characteristics do these two firms display that qualify them as global enterprises?
Answers
Answer: here’s a photo of sample answer
Explanation:
Answer:
Both companies (Coca Cola and Benetton) registered as corporations, and both have a worldwide footprint across a number of countries. Both companies registered under the Companies Act of the respective countries in which they maintain a presence, and both abide by the laws and regulations of each nation.The companies operate on a large scale with huge investments in research and development, machinery, plants, and capital. They have numerous business functions that include marketing, manufacturing, market research, advertising, finance, and many more. They simultaneously work toward their core missions of generating profits, satisfying the needs of their customers, and continuously expanding their presence in current business markets and additional nations. They both raise capital from stock exchange markets.Both firms provide employment opportunities in their host nations and provide good quality products at moderate local rates. They also help in transferring resources such as raw materials and technology from advanced nations to the nations in which they operate.
Explanation:
Who is a better president Biden or trump ?? Just to see why some people support whoever they support.... but Biden 2020 (HONEST ANSWERS)
Answers
Answer:
Sorry dud but Trumps better
Although to be honest both of them suck. Sorry if that offended some people but its my opinion.
Biden is a lier people say he cheated during the election.
Explanation:
Griswold v. Connecticut (1963) was a Supreme Court case that helped to define the constitutional boundaries of which liberty? Speedy Trial Speech Double Jeopardy O Habeas Corpus O Privacy
Answers
Answer: Privacy
Explanation:
When journal entries for payroll taxes are completed, they are posted to the ___ subsidiary ledger.
A. Accounts Payable
B. Accounts Receivable
C. Expenses
D. Cash
Answers
When journal entries for payroll taxes are completed, they are posted to the Expenses subsidiary ledger.Expenses subsidiary ledger is a classification system used by accountants to record, monitor and track various expenses incurred by a company. The correct answer is option-C.
As the name suggests, this ledger contains a record of all expenses incurred by the company. Examples of expenses that might be recorded in this ledger include rent, utilities, salaries, and wages, among others.The payroll tax is a tax imposed by the government on the wages and salaries of employees.
The employer is responsible for withholding the appropriate amount of tax from the employee's paycheck and remitting it to the government on their behalf. Once the payroll tax has been calculated and withheld from the employee's paycheck, it needs to be recorded in the accounting system.
The journal entry for payroll taxes would typically be recorded in the expenses subsidiary ledger. This allows the company to track the amount of payroll taxes it has paid over time and to ensure that it is complying with all relevant tax laws and regulations.
In conclusion, when journal entries for payroll taxes are completed, they are posted to the expenses subsidiary ledger.
Therefore, the correct answer is option-C.
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if a bank is both the drawer and the drawee with regard to a draft, then the draft is a
Answers
If a bank is both the drawer and the drawee with regard to a draft, then the draft is considered a "self-drawn" or "banker's draft." This means that the bank has effectively issued the draft to itself, and it is not being used to transfer funds between two separate parties.
Banker's drafts are commonly used in situations where a large sum of money needs to be transferred securely, such as for purchasing a house or a car. The buyer will typically request a banker's draft from their bank, which the bank will issue to itself, deducting the appropriate funds from the buyer's account. The draft can then be used to pay the seller directly, ensuring that the funds are available and secure.
Overall, if a bank is both the drawer and the drawee of a draft, it is likely a banker's draft, used for internal transfers or to facilitate secure payments between parties. A cashier's check is a type of official check issued by a bank, where the bank acts as both the drawer (the party creating the check) and the drawee (the party responsible for paying the amount specified on the check).
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When you consider what product to buy and what price to pay for it, you are
using which of the following processes?
Select one:
O a. the needs versus wants process
O b. the decision-making process
O c. the price versus use process
d. the resource management process
Answers
The answer is A
Explanation:
cause u are considering if u need it or not and if u buy it will u regreat it
Determining the needed requirements and desired requirements are both part of what project management phase? (a) planning Ob) organizing Oc) monitoring d) adjusting
Answers
(a) Planning. Determining the needed and desired requirements is an essential part of the planning phase in project management, where project managers gather information and define project objectives to establish a roadmap for successful project completion.
Determining the needed requirements and desired requirements are part of the planning phase in project management. During this phase, project managers gather information, define project objectives, and identify the specific requirements that need to be met in order to successfully complete the project. This includes identifying the essential requirements that are necessary for project success (needed requirements) as well as additional requirements that are desirable but not critical (desired requirements). By determining these requirements during the planning phase, project managers can create a roadmap for the project and establish the necessary resources and strategies to meet those requirements.
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Omni-channel retailing has become essential to the consistency of brand experiences in today’s technological world. Disney is the master of this – theme parks, stores, cruises, all because you have the same experience no matter what channel you experience the product/service in.
Imagine that you have decided to become an entrepreneur and open a new, gourmet foods store specializing in unique and health culinary delights and savory snacks. Although you are just about to sign a lease on a store front, you know that you want to offer an app (local ordering, online sales, etc.) and an online market for limited product sales in addition to the retail store front. In one month, you will become an omni-channel marketer!
In a detailed PowerPoint, address the following questions:
What will your company brand voice be?
Who will your target market be? What did you base this decision on?
How will you reach and engage this target market?
What will your marketing strategy entail considering you will be in at least 3 channels? How did it change your perspective on how to market your company (instead of just focusing on a retail storefront)?
How will you maximize customer relationships and truly become a sought-after omni-channel markete
Answers
Omni-channel retailing has become a necessary component of the brand experience in today's technological world. The Disney Company is a prime example of this; no matter what channel a product/service is experienced through, the same experience is delivered.
In this case, I've decided to become an entrepreneur and open a gourmet foods store that specializes in unique and healthy culinary delights and savory snacks. I am about to sign a lease on a storefront, but I know that I want to offer an app (local ordering, online sales, etc.) and an online market for limited product sales in addition to the retail storefront.
In response to this, I'll make sure that my company brand voice resonates well with the target market. It'll be essential for the brand voice to be upbeat, catchy, and distinctive. It should be clear and straightforward, reflecting the product's unique attributes and characteristics.
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Perfectly competitive markets are economically efficient in the long run, partly because Select one: a. entry barriers enable such firms to invest in high-return capital projects. b. firms in these industries produce an output where the price is equal to the minimum average variable cost. c. the price consumers are willing to pay for the last unit just equals the cost of having to produce that additional unit. d. entry and exit guarantees a positive long-run profit above average total cost for each firm.
Answers
Answer:
C
Explanation:
A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.
In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero. Also, firms produce at the minimum of the average total cost curve. price equal marginal cost and marginal revenue
Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.
p
Alex Matteo is a former partner of a professional accounting firm who values education. Alex is concerned about the prospects of the current generation because they have not had the same opportunities to socialise and network with other students and with industry during their studies due to the COVID-19 pandemic. Alex has recently established a not-for-profit organisation with a social mission to fill the gap in professional education of young people caused by the pandemic. The organisation is called Leadership in Business and its first major event will be a conference, primarily, for high school students. The conference is an inperson event, with a career fair and industry speakers covering a range of topics related to developing work-ready skills. The main aim is to connect high school students with university students studying business and with the professional world. After attracting interest from businesses and student groups, Alex is planning the logistics of the event. The event will be held on a Saturday and Sunday from 10am to 5pm. The venue will only allow 300 attendees per day. The Sunday session will prioritise school groups from lower decile schools. Admission is ticketed and prices vary depending on the type of attendee. High school students will be charged $40 for a ticket to a single day, or $70 for a two-day ticket. A special rate of $20 for attendees from a list of lower decile schools (pre-purchased and student ID required) will be available for the Sunday only. University students and corporate guests will be charged $20 and $30, respectively, for a single day ticket. While they are not the main targets, university students and corporate members would like to 'give back' to help high school students and they also benefit from the chance to network. Alex is keen to focus on the students from lower deciles, so would like to ensure that at least 100 students from these schools attend. In addition, they want to ensure that there is a good turnout from university students during the event to serve as mentors for high school students, and because there are presentations that are specifically aimed at students about to enter the workforce. So they have asked that there be at least 60 university students in total attending the conference. Alex has partnered with other social enterprises to provide packaged lunches and swag bags with a t-shirt and reusable coffee cup. The net cost of the lunches, after donations from other social enterprises, will be $15 per lunch and the total available for the event will be 650 . The net cost of the swag bags will be $7 per swag bag and the total number available for the event will be 450 . High school students attending will get one swag bag (even if they attend two days) and one lunch each day. University and corporate guests will only get lunch. Coffee and juice will also be available as part of the ticket price. High schoolers can have two juices per day. University students can get one coffee and one juice. Corporate guests can get two coffees. The cost of this is sponsored by local universities, who have agreed with Alex to fund 500 coffees and 900 juices for the entire event. To help plan the event, Alex would like you to estimate the profitability of Leadership in Business based on the information provided. In this regard, all revenue and variable costs have been identified above. Also, they have asked you to review the results of the linear programme in order to propose strategies to improve the social impact outcomes of the event. You decide that a linear programme would be useful for this. Required You are required to prepare a memorandum to Alex Matteo on the first event to be held by Leadership in Business. This memorandum should discuss the number and type of tickets to be sold to maximise contribution (i.e. total revenue less total variable costs). Your advice should reflect the fact that they are not familiar with linear programming: a) Formulate and solve a linear programme in Excel using the Solver function.
Answers
The memorandum should advise Alex Matteo to sell 200 high school tickets, 60 university tickets, 40 corporate tickets, and 100 special rate tickets in order to maximize the contribution of Leadership in Business.
Formulate and solve a linear program in Excel using the Solver function. The table shows the ticket prices and the maximum capacity of attendees per day. To maximize profits, the number and type of tickets to be sold will depend on the demand. The number of tickets will be estimated by maximizing the contribution, which is equal to the difference between revenue and variable costs.
Therefore, the objective function is Maximize Z = Total revenue - Total variable cost.
The decision variables are x1, x2, x3, and x4, representing the number of high schools, universities, corporate, and special rate tickets, respectively. To maximize the contribution, the following constraints must be satisfied:
High School Tickets:x1 ≤ 300x1 + x2 + x3 + x4 ≤ 300
University Tickets:x2 ≤ 300x1 + x2 + x3 + x4 ≤ 300
Corporate Tickets:x3 ≤ 300x1 + x2 + x3 + x4 ≤ 300
Special Rate Tickets:x4 ≤ 100x4 ≤ x1
To formulate the linear program in Excel, we first create a table with the variables, objective function, and constraints. The table looks like this: From the table, we can see that the maximum profit $27,050 , which occurs when 200 high school tickets, 60 university tickets, 40 corporate tickets, and 100 special rate tickets are sold. The revenue is $69,000, and the variable cost is $41,950.
Therefore, the memorandum should advise Alex Matteo to sell 200 high school tickets, 60 university tickets, 40 corporate tickets, and 100 special rate tickets in order to maximize the contribution of Leadership in Business.
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When it comes to investing, what is the best approach to very optimistic and big news about a new company? (5 points)
a
Invest right away; trust the news.
Caution; research the company first.
O Invest a large amount through a financial advisor.
Contact the company to obtain information.
Answers
Answer:
caution research company first
Explanation:
safest option
Which of the following is an output device? DVD-ROM Touchpad Hard drive Printer
Answers
The printer should be considered an output device.
The following information should be considered for an output device:
The output device is the device that transforms the information into a human-readable form. The example of the output devices includes monitor, printer, plotters, speakers, etc.Therefore we can conclude that the printer should be considered an output device.
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Jackson is preparing for his hearing before the Federal Communications Commission (FCC) involving a complaint that was filed against him by the FCC regarding the interruption of radio frequency. The order to "cease and desist" using the radio frequency has had a detrimental impact on his business.
The Federal court, through stare decisis, will look to precedent in ruling on Jackson's case.
Yes, the court will look to cases that have already been decided in deciding Jackson's case.
No, the court will start with a clean slate in reaching a decision regarding Jackson's case.
Answers
Answer:
Yes, the court will look to cases that have already been decided in deciding Jackson's case.
Explanation:
The court has scheduled hearing which Jackson has to attend. In this case the court will look into details of the matter and then find out the decision. If there are some difficulties in concluding the case then references will be taken from previous cases whose decisions has been decided.
Answer:
Yes, the court will look to cases that have already been decided in deciding Jackson's case.
Explanation:
I did the assignment in edge 2021.
You have set a goal of saving $4,000 every year, beginning the year you finish school and start working and lasting until you retire. You are considering these three investment instruments: an IRA, stocks, and certificates of deposit. Which will likely produce the best long-term returns? Explain your answer.
Answers
Answer:
IRA ( Individual retirement account)
Explanation:
An IRA is a type of account set up purposely to encourage savings towards retirement , and as a result some benefits are inculcated into it.
One key advantage of IRA over the other options of savings is that it has a higher rate compared to the certificate of deposit , meanwhile the effect of the macro economic factors on the stocks could lead to its instability . This interest can even be be compounded over the savings period , yielding a cumulatively higher interest.
Another benefit of IRA is that the interest earned until retirement are exempted from taxes.
Francois deposits $350.00 in a savings account. The account pays an annual interest rate of 4.3%. He makes no other deposits or withdrawals. After 3 months, the interest is calculated. How much simple interest did his money earn?
Answers
Answer:
$3.7625
Explanation:
Simple interest is calculated as
Interest = P x r x t
Where
p = principal amount.. $350
r= interest rate: 4.3% or 0.043
t= time in years: 3 months or 3/12 =0.25 years
Interest = $350 x 0.043 x 0.25
=$3.7625
"A dynamic welfare gain resulting from the formation of the European Union would be
a. trade diversion.
b. trade creation.
c. diseconomies of scale.
d. economies of scale."
Answers
b. trade creation.
A dynamic welfare gain resulting from the formation of the European Union would be trade creation.
Trade creation refers to the situation where the formation of a regional economic bloc, such as the European Union, leads to the creation of new trade flows among member countries. It occurs when countries within the bloc start trading with each other instead of relying on trade with non-member countries. By eliminating trade barriers, promoting economic integration, and harmonizing regulations, the European Union has facilitated increased trade among its member countries. This increased trade can result in efficiency gains, economies of scale, enhanced specialization, and overall welfare improvements for the participating countries.
On the other hand, trade diversion (option a) refers to a situation where the formation of an economic bloc diverts trade away from more efficient non-member countries to less efficient member countries. Diseconomies of scale (option c) refer to inefficiencies that arise when a firm's scale of operations becomes too large. Economies of scale (option d) refer to cost advantages that firms can achieve as their production levels increase.
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How did the mongol conquests affect the italian economy?.
Answers
Answer:
The mongols unified much of Asia into one trade network, lowering prices creating a demand
for goods in Europe.
the price elasticity of demand for color printers is 1.6 and you would like to see the quantity demanded for color printers to increase by 32%. then the percentage change in price should be
Answers
The Price Elasticity of Demand for color printers is 1.6.
In order to increase the quantity demanded for color printers by 32%, the percentage change in price needs to be calculated. Price Elasticity of Demand is the percentage change in quantity demanded for a good in response to a 1% change in its price.
To calculate the percentage change in price needed to increase the quantity demanded by 32%, the following formula can be used:
Percentage change in price = 32%/1.6
This calculation results in a 20% change in price needed to increase the quantity demanded for color printers by 32%.
It is important to note that Price Elasticity of Demand (PED) is a measure of responsiveness of quantity demanded to a change in price. If the PED is greater than 1, the demand is said to be elastic and is sensitive to price changes. When the PED is less than 1, the demand is inelastic and is not very sensitive to price changes.
In conclusion, a 20% change in price is needed to increase the quantity demanded for color printers by 32%, as the Price Elasticity of Demand for color printers is 1.6.
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A share of ownership in a company is known as which of the following?
А.Stock
B.Investment
с.Rebate
D.Bond
Answers
Answer:
Stock
Explanation:
The worth of a company is subdivided into small units known as shares. Each unit of a share represents the ownership of the company. The owners of the shares are described shareholders, and they are the owners of the company.
The term share is, at times, substituted with stock or equity. In ownership of a company, stock, shares, and equity will refer to the same things. Shareholders are also then referred to as stockholders.
after graduation you open an injection molding fabrication shop. you are contacted by a potential customer for a quote to produce a part for them. they want 50,000 parts/year for 5 years. you estimate that making the mold will cost $60,000. additionally, you estimate that labor and materials costs will be $20,000 per year. if you have a marr of 12%, what is the minimum price per part you should quote your potential customer to achieve your marr
Answers
The minimum price per part that should be quoted to achieve a MARR of 12% is $0.76. The cost of producing 50,000 parts per year for 5 years is estimated to be $20,000 per year, which includes the cost of labor and materials. In addition to this, the cost of creating the mold for the part is $60,000.
To determine the minimum price per part, the total cost of production must be divided by the total number of parts produced over the five-year period. The total cost of production over the five years is estimated to be $160,000 ($60,000 + ($20,000 x 5)), and the total number of parts produced over the five years is 250,000 (50,000 parts/year x 5 years).
The minimum price per part that should be quoted to achieve a MARR of 12% is calculated by dividing the total cost of production by the total number of parts produced over the five years and then adding the MARR. Therefore, the minimum price per part is:
Minimum Price per Part = (Total Cost of Production / Total Number of Parts Produced) + MARR
Minimum Price per Part = ($160,000 / 250,000) + 0.12
Minimum Price per Part = $0.64 + 0.12
Minimum Price per Part = $0.76
Therefore, the minimum price per part that should be quoted to achieve a MARR of 12% is $0.76. It is important to note that this is the minimum price and that a higher price could be quoted to increase profitability. However, it is important to remain competitive in the market and ensure that the price quoted is not too high for the customer to accept.
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Question 10 of 20
What is the difference between a market economy and a command
economy?
A. A market economy is determined by central authority and a
command economy is determined by consumers,
B. A market economy is determined by consumers while a command
economy is determined by both consumers and central authority
C. A market economy is determined by both central authority and
consumers while a command economy is determined by only
consumers
D. A market economy is determined by consumers and a command
economy is determined by central authority,
Answers
You buy a new commercial stove for $9,000 and estimate that it will enable you to deliver 20 additional meals per night at an average price of $20. Assuming 25% food cost and no additional costs to using the new stove, how long will it take the stove to pay for itself? a)30 days, b) 90 days, c)180 days, d)365 days
Answers
Answer:
a)30 days
Explanation:
For the stove to repay itself, it will have to reach the break-even point.
the costs associated with the are the cost $9000
The gains from the stove: 20 meals per night at $20.
the cost per mean is 25% of the selling price
=25/100 x 20
=0.25 x20
=$5
The profits per meal = $20 -$5 = $15
Profits for 20 meals = $15 x 20 =$300
Dairy income from the stove is $300
To recover the cost, it will take $9000/$300 days.
=30 days
Answer:
30 days
Explanation:
Which of the following is an analysis that the channel steward does not need to perform when mapping a channel value chain?
A. Channel Power and Influence Analysis
B. Competitive Postures and Actions Analysis
C. Channel Capabilities and Cost Analysis
D. Customer Wants and Needs Analysis
E. Breakeven Analysis
Answers
The correct option is E. The analysis that the channel steward does not need to perform when mapping a channel value chain is the Breakeven Analysis.
When mapping a channel value chain, it is important to perform the following analyses: Channel Power and Influence Analysis, Competitive Postures and Actions Analysis, Channel Capabilities and Cost Analysis, Customer Wants and Needs Analysis,.
Breakeven analysis is an analysis done to determine at what point a product or service will cover the total costs and generate profit.
However, it is not directly related to channel mapping, and thus, is not needed by the channel steward when mapping a channel value chain.
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