Answer:
The correct answer is letter "C": produces products that are considered elastic.
Explanation:
Elasticity refers to the sensitivity of a good or service to reflect change in its supply or demand after a change in price. A product's supply is said to be elastic if the changes in the quantity supplied increases and it immediately determines a price in the price.
Thus, if for technological reasons the output of a company increases, considering that the product is elastic, the prices will increases which will provide the organization more revenue. That firm will be more than glad about the technological advance.
Answer:
Power.
Explanation:
A leader can be defined as an individual who is saddled with the responsibility of controlling, managing and maintaining a group of people under him or her. Also, they provide guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.
Generally, managers are typically involved in taking up leadership roles and as such are expected to be build a strong relationship between their employees or subordinates by creating a fair ground for effective communication and sharing of resources and information.
Some types of power expressed by leaders are referent power, coercive, etc.
In this scenario, Nour is usually takes charge of the situation and gets people moving toward the group's objective. Thus, Nour probably has a high need for power because he's more often than not in charge and control while getting his team members to achieve the set objective.
Answer:
Advertising campaign that will be best suited is by inviting kids to the restaurant and arranging free of cost activities like drawing competition or similar and give free KidZa meals to the winners. This is where children will give attention to the newly launched meal and doll shaped chef will appeal them to buy the meal. There can be advertisements on television which will seek attention of the kids at home. There can be stalls placed at various schools to familiarize kids with restaurant and give free discount vouchers which will force them to pay a visit at the restaurant.
Explanation:
Marketing strategies for the kids is very different than the adults. The adults usually analyze cost benefit whereas kids just choose a product if it looks good and colorful. The kids decide to buy a product when it appeals them. The doll as a gift is a great feature that will appeal kids to buy the meal.
Answer:
93,760 units
Explanation:
For computing the equivalent units for conversion costs , first we have to compute the transferred units which is shown below:
= Transferred units - ending work in process inventory units
= 90,400 units - 1,600 units
= 88,800 units
Now the equivalent units for conversion costs equal to
= Beginning work in process inventory units × completed percentage + Transferred units × percentage of completion + ending work in process inventory units × percentage of completion
= 4,000 units × 100% + 88,800 units × 100% + 1,600 units × 60%
= 4,000 units + 88,800 units + 960 units
= 93,760 units