Blaze Corp., a car company, shared its costs of producing cars. It did so by introducing the production of car accessories that are used by customers to upgrade or customize their cars. Blaze Corp. started selling car accessories such as engine oils, wheels, and music player and thus shared its market research costs between cars and car accessories. This led to a definite decrease in the overall cost of production. This scenario best illustrates _____.
Answers
The scenario above that describes Blaze Corp's strategy is best known as Economies of Scope.
Economies of Scope:
Refers to producing multiple goods in order to make savings on costs Is possible when the cost of producing multiple goods is less than the cost of producing those goods individuallyBlaze Corp. is selling both car and car accessories and as such, is making cost savings on research costs. This is therefore economies of scope because savings are being made by producing multiple goods.
In conclusion, this scenario best shows economies of scope.
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Related Questions
Does anyone got an answer to this question?
1. Under what circumstances would an increase in a nation's average income not lead to an increase in the income of the typical, median household?
Answers
There is generally a direct correlation between income and demand for products and services; however, this relationship is not always present.
What do you mean by "products"?
A product is an item or service that you offer to meet a customer's need or desire. Real and virtual ones are both possible. Physical objects are classified into two types: nondurable products and durable items such as computers, furniture, and automobiles (like food and beverages).
Convenience goods, shopping goods, specialty products, and unsought goods are the four different sorts of products, and each is categorized according to consumer preferences, pricing, and product features. Byproducts include straw from grain harvesting operations, salt from desalination plants, sawdust from sawmills, and manure from feedlot operations.
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An increase in income taxes _______, everything else remaining the same.
A.
sometimes increases the multiplier and sometimes decreases the multiplier
B.
makes the multiplier smaller
C.
makes the multiplier larger
D.
has no effect on the multiplier
Answers
An increase in income taxes makes the multiplier smaller, everything else remaining the same.
This is because when income taxes increase, people have less disposable income to spend. As a result, the marginal propensity to consume decreases, leading to a smaller multiplier effect in the economy. When income taxes increase, households and businesses have less disposable income to spend and invest, leading to a decrease in consumption and investment spending.
This decrease in spending reduces the overall multiplier effect on the economy, making it smaller.
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If the quantity supplied is greater than the quantity demanded, what must happen to the price in order to reach
equilibrium?
Answers
Answer:
the price of the product will decrease to meet equilibrium
Explanation:
in order to meet it, it has to decrease.
Answer:
The price of the product will decrease to meet equilibrium.
Explanation:
The price of the product will increase to meet equilibrium.
The price of the product will decrease to meet equilibrium.
Supply and demand must be raised.
Supply and demand must be lowered.
How much have municipal recycling rates increased in the united states in the past 60 years?
Answers
The municipal recycling rate in the United States has increased by 61.11% in the past 60 years. In 1960, the recycling rate was only 3%. By 2020, the recycling rate had increased to 32%.
This is a significant increase, and it is a testament to the efforts of individuals, businesses, and governments to reduce waste and protect the environment.
There are a number of factors that have contributed to the increase in recycling rates in the United States. These include:
* Increased public awareness of the importance of recycling
* The introduction of new recycling programs and initiatives
* The development of new markets for recycled materials
* The rising cost of landfill disposal
The increase in recycling rates is a positive trend, but there is still more work to be done. The United States still generates a significant amount of waste, and there are many opportunities to improve recycling rates even further.
Here are some additional facts about recycling in the United States:
* The average American generates about 4.4 pounds of trash per day.
* Only about 32% of municipal solid waste in the United States is recycled.
* The remaining 68% of waste is either landfilled or incinerated.
* Recycling can help to reduce greenhouse gas emissions, conserve natural resources, and create jobs.
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A government announces it will impose an indirect tax on the price of petrol because it wants to discourage travel by car and encourage the use of bus and rail services instead. This, it believes, will help to reduce traffic congestion and harmful exhaust emissions
Answers
The correct answer to this open question is the following.
Here we do not have a question. Just a statement.
What is your question? What do you want to know?
However, trying to help you we can comment on the following.
If the government announces it will impose an indirect tax on the price of petrol because it wants to discourage travel by car and encourage the use of bus and rail services instead, it had to make sure that the impact will have the expected benefits because that could not always be the case.
Some other considerations need to be made for this to happen. For instance, if the government wants to dissuade people to use their cars, the government has to make sure that the public transportation system is in optimal conditions, it is safe to ride, and can guarantee the transportation times for people to be on time in their jobs.
Otherwise, people will still be driving their cars because they think that using cars is a more safe and better way to travel.
Public transportation also has to comply with strict pollution emissions controls.
What is an organisation chart
Answers
Answer:
An organizational chart is a diagram that visually conveys a company's internal structure by detailing the roles, responsibilities, and relationships between individuals within an entity.
Explanation:
En este tipo de enfoque para el desarrollo de nuevos productos, todos los departamentos implicados en el desarrollo de nuevos productos siguen un proceso secuencial
Answers
Answer:
El enunciado describe el enfoque secuencial de desarrollo de productos.
Explanation:
En el enfoque secuencial, el proceso de producción de un producto pasa por diferentes etapas, y a su vez, dichas etapas son abordadas por diferentes departamentos dentro de la organización.
La característica principal radical entonces, en que cada departamento de producción se encarga de una etapa específica del proceso de forma secuencial, es decir, el departamento A hace su parte del proceso productivo, y una vez finaliza, inmediatamente sigue el departamento B con su proceso productivo, y luego el departamento C, y así de esa forma.
En otras palabras, en el enfoque secuencial no hay desarrollo simultáneo del proceso productivo.
3) Bill weighs 220 pounds and is losing 4 pounds each month. Phil weigh 250 pounds and is losing 10 pounds each month. How many months, m, will it take for Bill to weigh the same as Phil? How much will they weigh?
Answers
5 months and 200 pounds
4x5 = 20
220-20
200
10x5 = 50
250-50
200
The three parts of an income statement heading are _____.
who
when
where
what
motivation of 50. also last year trying to get rid of them. Have a good day :D
Answers
Answer:
Who,When,What
Explanation:
your employer withholds money from each paycheck. what is this money used for?
Answers
suppose you are the general manager of a business. supply a separate strategy for each of the following challenges that may arise in the micro environment of the business.
1. The product design team in the marketing department cannot reach consensus on the new product idea and as a result conflict arises
2. When the financial department of the business prepared the financial statements for year end, they realised that the business does not generate sufficient profit to keep the shareholders happy.
3. The general manager requested audit reports from the administration department, but the administration department cannot find the audit report complied by an external accounting firm
Answers
Answer:
uts all really esay and i dont know how it works
The fixed asset turnover ratio is computed as __________ divided by __________.
a. sales; average book value of fixed assets.
b. net income; average book value of fixed assets.
c. sales; book value of fixed assets.
d. average book value of fixed assets; sales.
Answers
The correct option is (a) sales; average book value of fixed assets.
The fixed asset turnover ratio is computed as sales divided by average book value of fixed assets.
The fixed asset turnover ratio demonstrates the effectiveness of a company's current fixed assets in driving sales. A greater ratio suggests that management is making better use of its fixed assets. No information can be gleaned from a high FAT ratio about a company's capacity to produce reliable earnings or cash flows.
The ratio of sales to the value of fixed assets is known as fixed-asset turnover. It shows how effectively the company is generating sales by utilizing its fixed assets.
A greater ratio is typically preferred since it suggests that the business is effective at producing sales or revenues from its asset base. A lower ratio suggests that a business is not utilizing its resources effectively and may be experiencing internal issues.
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A job application is a form used to make a job request. (3 points)
True
False
Answers
Answer:
I would say it is True.
Explanation:
A job application form states your personal information
A manufacturing plant located by a busy highway uses and stores highly volatile explosives. The owner of the plant has imposed strict safety measures to prevent an explosion at the plant. During an unusually heavy windstorm, a large tile was blown off the roof of the plant and crashed into the windshield of a passing car, damaging it. The driver of the car brought a strict liability action against the owner of the plant to recover for the damage to the car’s windshield. Is the driver likely to prevail?
Answers
Answer: No, because the damage to the windshield did not result from the abnormally dangerous aspect of the plant’s activity.
Explanation:
Based on the information given in the question, the driver will not prevail. This is because the damage to the windshield did not result from the abnormally dangerous aspect of the plant’s activity.
In this case, the owner of the plant has imposed strict safety measures to prevent an explosion at the plant and the damage of the windshield of the car was due to heavy windstorm and not from the plants activities.
what is marketing
please answer if u know,i will mark brainiest
Answers
Answer:
Marketing refers to activities a company undertakes to promote the buying or selling of a product or service. Marketing includes advertising, selling, and delivering products to consumers or other businesses. Some marketing is done by affiliates on behalf of a company.
hope it helps!
What does indigenous technology mean?
Answers
Answer: I hope this is helpful mark brainlist if right then no if wrong
Explanation:
Indigenous technology is used by the native inhabitants of a country or region and it constitutes an important part of its cultural heritage. Characteristically, indigenous technologies: Are recognized as animate, imbued with the breath of life and they live in form and function.Technologies employed by the native inhabitants of a country and which constitute an important part of its cultural heritage and should therefore be protected against exploitation by industrialized countries; the problem of indigenous knowledge has been discussed during the Rio Conference but it does not receive much ...Types of indigenous technology in India are; (i) Generic Drugs. (ii) Thorium based Nuclear Reactors. (iii) Plastic RoadsIndigenous Technology is created within a sensory environment that builds on our sense of relationship, meaning, balance, feeling, memory and place as well as sight, sound, smell, taste and touchIndigenization is the process by which Indigenous ways of knowing, being, doing and relating are incorporated into educational, organizational, cultural and social structures of the institution.One example of Indigenous Technologies in action today can be witnessed in differential approaches to medicine. Medical technologies in the Western Scientific sense of the term might conjure images of biomedical research labs, electromagnetic monitors or imaging systems such as CT or MRI scans.Indigenous technology is used by the native inhabitants of a country or region and it constitutes an important part of its cultural heritage. Characteristically, indigenous technologies: Are recognized as animate, imbued with the breath of life and they live in form and function.
write the basic processes of project planning.
Answers
Project planning is a critical step in managing a successful project. It involves defining the scope, objectives, and requirements, as well as setting deadlines, allocating resources, and identifying risks.
Here are the basic processes of project planning:
Define Project Scope: This involves outlining the project's purpose, goals, and deliverables. Clearly defining the scope helps avoid scope creep and ensures the project remains on track.Develop Project Objectives: Establish measurable and achievable objectives that align with the project's purpose. Objectives help guide the project team and provide a basis for evaluating progress.Identify Stakeholders: Determine the individuals and organizations directly or indirectly affected by the project. Engage with stakeholders to gather their input, expectations, and concerns.Establish Project Requirements: Gather and document the specific needs, expectations, and constraints for the project. These requirements serve as a reference for decision-making and help avoid misunderstandings.Develop a Project Schedule: Create a timeline for the project by defining the start and end dates of each task, dependencies between tasks, and milestones. The schedule helps ensure timely project completion and enables monitoring of progress.Allocate Resources: Identify the human, financial, and material resources required for the project, and allocate them appropriately. Proper resource allocation helps prevent delays and cost overruns.Identify and Assess Risks: Evaluate potential risks, including their likelihood and impact on the project. Develop strategies to mitigate or address these risks to minimize their impact on the project's success.Establish Communication Channels: Determine the communication methods and frequency for sharing project updates, progress, and issues with stakeholders and team members. Effective communication helps maintain engagement and resolve issues promptly.Create a Monitoring and Control Plan: Develop a plan to track project performance and progress, comparing it against the objectives and schedule. This plan enables proactive adjustments to stay on track and achieve project success.Learn more about project planning:
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What are some jobs you can get before 16?
Answers
Answer:
Babysitting.
You can work at a lot of places, normal jobs, you're just required to takes breaks because you're a minor. You really just have to check with businesses in your area and see where you can work.
My friends work at a pizza place in our town, they were all under 16 when they started working there.
Explanation:
if+d1+=+$1.50,+g+(which+is+constant)+=+8.5%,+and+p0+=+$55,+what+is+the+stock’s+expected+total+return+for+the+coming+year?
Answers
The expected total return of the stock for the upcoming year given that if d1 = 1.50, g (which is constant) = 8.5%, and p0 = 55 can be calculated using the following formula:
Total \ return = Dividend \ yield + Capital \ gain \ yield
The dividend yield can be calculated using the formula:
Dividend \ yield =
\frac{d_1}{p_0}
Substituting the given values in the formula, we get:
Dividend \ yield =
\frac {1.50}{55} = 0.0273
= 2.73\%
The capital gain yield can be calculated using the formula:
Capital \ gain \ yield = g
Substituting the given value of g in the formula, we get:
Capital \ gain \ yield = 0.085
= 8.5\%
Now substituting both the calculated values in the formula of expected total return, we get:
Total \ return = Dividend \ yield + Capital \ gain \ yield
Total \ return = \(2.73\% + 8.5\% = 11.23\%\)
the stock's expected total return for the coming year is 11.23%.
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The balance on a credit card, that charges a 20%
APR interest rate, over a 1 month period is given in
the following table:
Days 1-5: $200 (initial balance)
Days 6-20: $350 ($150 purchase)
Days 21-30: $150 ($200 payment)
What is the finance charge, on the average daily
balance, for this card over this 1 month period?
finance charge = $ [?]
Round to the nearest hundredth.
Enter
Answers
The balance on a credit card, that charges a 20% APR interest rate, the Finance charge is given as
$4.3055
This is further explained below.
What is the APR interest rate?Generally, The interest rate that is applied to a loan, mortgage loan, credit card, etc. is referred to as an annual percentage rate of charge, which sometimes corresponds to a nominal APR and sometimes corresponds to an effective APR.
The annual percentage rate of charge is the interest rate for the entire year, as opposed to just a monthly fee or rate. It is a fee for financing that is presented in the form of an annual rate.
Interest rate APR = 12%
Average balance = ((200*5)+(350*15)+(150*10))/30
Average balance = $258.33
Average balance*APR/12
Finance charge =\(\frac{258.33*20 \%}{12 }\)
Finance charge = $4.3055
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Lisa loves to draw and has a good eye for what is visually appealing. She wants a job where she can work independently, and possibly be self- employed. Which marketing position best matches her interests and career goals? A. Logistician B. Marketing research analyst O C. Sales representative D. Graphic designer
Answers
Answer:
D. Graphic designer
Explanation:
Graphic designers use visual arts such as images, words, and graphics to communicate with their audience. They may use hand or computer software to create captivating messages that inform, inspire, and attract customers' attention.
The objective of marketing is to make customers interested in the company's products. Graphic designers can use their talents to create charming visual arts to make customers want to buy a company's products. Graphic designers can be employed, but the majority work as independent contractors. Lisa has the skills to be a graphic designer. She can practice her talent as a self-employed individual.
Answer:
Graphic designer
Explanation:
I just did it
what are the benefits of living a debt free life
Answers
Answer:
1.Peaceful life. If one is living a life withought debt then they would have absolutely nothing to worry about and they wouldn't be on the run from people they owe or flee from a country just because of the banks they owe but they would be free to go out and have nothing to worry out.
2.Less stress. One doesn't have to be stressed out because the are owing someone else and they need it very urgently but they would enjoy life and live peaceful
3.More of your income is available to you. Your would have to use your salary to take care of the people you are owing
firm that engages in product-unrelated diversification within a small set of countries centered on the home country is called ?
Answers
Answer:
A firm that engages in product-unrelated diversification within a small set of countries centered on the home country is called a classic conglomerate.
Classic conglomerates are firms that have a portfolio of businesses that are unrelated to each other in terms of products or services. They typically operate in a small number of countries, usually centered on their home country.
Classic conglomerates are often criticized for being inefficient and for not generating as much value for shareholders as firms that focus on a single industry or a small number of related industries. However, they can also be successful, particularly if they are able to manage their businesses effectively and if they are able to take advantage of economies of scale.
A firm that engages in product-unrelated diversification within a small set of countries centered on the home country is called a multinational corporation (MNC).
What is a multinational corporation (MNC)?A multinational corporation (MNC) is a type of firm that is engaged in product-unrelated diversification within a small set of countries centered on the home country. This type of business can produce and sell goods in many countries. An MNC is a business that has operations in more than one country.
The headquarters of a multinational corporation is typically in one country, while the company operates in one or more countries. The firm invests and operates in several countries, and it has complete control over its subsidiaries. The MNCs are businesses that have control over other companies' ownership and management in more than one country.
The home country is where the headquarters of an MNC is located. The company operates in several countries and produces and sells goods in those countries. MNCs have a variety of subsidiaries that operate in different countries.
It can be said that MNCs are the backbone of globalization as they have spread economic development and enhanced cultural exchange through their international activities.
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Please help............
Answers
How important is money
Answers
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
Describe a product that you think has saturated its market. What makes you think it has saturated its market?.
Answers
One of the products that have saturated its market is smartphones. This is because the number of individuals who own smartphones is very high and there are very few individuals who do not own a smartphone.
What makes smartphones the market saturated is that smartphone brands have tried to capture a larger market share by adding more features and this makes their phones more expensive.
This means that there are fewer individuals who are able or willing to upgrade to the newer models. Additionally, most of the smartphone brands have almost similar features and as a result, individuals have no reason to change to another brand.
Therefore, consumers have very limited choices to choose from. Smartphones have also been in the market for a while and are no longer considered as a luxury item but more of a necessity.
Consumers prefer to purchase a smartphone rather than the old traditional phones due to the convenience that they offer such as browsing the internet, checking emails, and so on.
In summary, the smartphone industry has reached its saturation point since most of the consumers own smartphones, brands have similar features, and consumers find no need to upgrade to the newer models.
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choose ONE of the following home-based activities in which family members can work together as a unit and explain TWO ways in which the involvement of the children in the chosen activity can prepare them for the world of work.
Answers
While parents, family, and community members may assume specific roles as they become involved in the education of children, for example as volunteers in the classroom (see Epstein and Connors' typology, 1993), a synthesis of the literature reveals three overarching roles that are created in the development and implementation of parent and community involvement programs (Lyons, Robbins and Smith, l983; Lynn, l994). Each of these roles is actualized in very different ways in relationships in classrooms, schools, and school districts:
Parents as the primary resource in the education of their children is best exemplified in home learning. Home learning is the activity, or set of activities, that parents and family members may engage in to help their children succeed academically. This partnership role between parents and/or family members and schools may have the greatest impact on achievement.
Parents and community members as supporters and advocates for the education of their children is facilitated through site-based school restructuring. Restructuring schools to create parent and community partnerships with schools focuses on organizational structure. Changing activities; creating new relationships between parents, families, communities, and schools; and implementing innovative strategies are ways that schools can restructure to facilitate parent and community involvement in this role.
Parents and community members as participants in the education of all children incorporates a broader vision in the partnership between schools and the populations they serve. Districtwide programs provide the vehicle for parents and community members to be involved in roles that reach beyond the immediate impact of an individual child to the impact on all children in the district.
On March 5 PV Inc purchased $3,300 worth of merchandise from Panther Supply with the terms 2/10,n/30 On March 14, PV Inc paid Panther Supply the amount owed less the discount. Show the journal entry for March 5 and March 14 a
Answers
Selected transactions for Sophie’s Dog Care are as follows during the month of March. March 1 Paid monthly rent of $1,460. 3 Performed services for $170 on account. 5 Performed services for cash of $90. 8 Purchased equipment for $730. The company paid cash of $100 and the balance was on account. 12 Received cash from customers billed on March 3. 14 Paid wages to employees of $640. 22 Paid utilities of $88. 24 Borrowed $1,830 from Grafton State Bank by signing a note. 27 Paid $270 to repair service for plumbing repairs. 28 Paid balance amount owed from equipment purchase on March 8. 30 Paid $2,200 for six months of insurance. Journalize the transactions. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)
Answers
Answer:
March 1
Dr Rent expense $1460
Cr Cash $1460
March 3
Dr Accounts receivable $170
Cr Service revenue $170
March 5
Dr Cash $90
Cr Service revenue $90
March 8
Dr Equipment $730
Dr Cash $100
Cr Accounts payable (730-100) $630
March 12
Dr Cash $170
Accounts receivable $170
March 14
Dr Salaries and wages expense $640
Cr Cash $640
March 22
Dr Utilities expense $88
Cr Cash $88
March 24
Dr Cash $1830
Cr Notes payable $1830
March 27
Dr Maintenance and repairs expense $270
Cr Cash $270
March 28 Accounts payable $630
Cash $630
March 30
Dr Prepaid insurance $2200
Cr Cash $2200
Explanation:
Preparation of Journal entries
March 1
Dr Rent expense $1460
Cr Cash $1460
(To record rent expense paid)
March 3
Dr Accounts receivable $170
Cr Service revenue $170
(To record services performed on account)
March 5
Dr Cash $90
Cr Service revenue $90
(To record services performed for cash)
March 8
Dr Equipment $730
Dr Cash $100
Cr Accounts payable (730-100) $630
(To record equipment purchased)
March 12
Dr Cash $170
Accounts receivable $170
(To record cash received from customers)
March 14
Dr Salaries and wages expense $640
Cr Cash $640
(To record wages paid to employees)
March 22
Dr Utilities expense $88
Cr Cash $88
(To record utilities expense paid)
March 24
Dr Cash $1830
Cr Notes payable $1830
(To record cash borrowed by signing a note)
March 27
Dr Maintenance and repairs expense $270
Cr Cash $270
(To record cash paid for repairs)
March 28 Accounts payable $630
Cash $630
(730-100)
(To record cash paid to accounts payable)
March 30
Dr Prepaid insurance $2200
Cr Cash $2200
(To record prepaid insurance paid)
Tamar Co. manufactures a single product in one department. All direct materials are added at the beginning of the manufacturing process. Conversion costs are added evenly throughout the process. During May, the company completed and transferred 23,500 units of product to finished goods inventory. Its 5,400 units of beginning work in process consisted of $17,300 of direct materials and $329,940 of conversion costs. It has 3,600 units (100% complete with respect to direct materials and 80% complete with respect to conversion) in process at month-end. During the month, $497,600 of direct material costs and $2,519,100 of conversion costs were charged to production.
Prepare the journal entry dated May 31 to transfer the cost of completed units to finished goods inventory. (Do not round intermediate calculations. Round your final answers to the nearest whole dollar.)
Answers
Answer:
May 31, 202x, 23,500 units completed and transferred out
Dr Finished goods inventory 2,984,500
Cr Work in process 2,984,500
Explanation:
beginning WIP 5,400 units
materials $17,300
conversion $329,940
ending WIP 3,600 units
materials 100% complete
conversion 80% complete (2,880 EU)
units completed and transferred out 23,500
units started and completed 18,100
costs added during the period
materials $497,600
conversion $2,519,100
total costs
materials $514,900
conversion $2,849,040
total EU
materials 18,100 + 5,400 + 3,600 = 27,100
conversion 18,100 + 5,400 + 2,880 = 26,380
cost per EU
materials $514,900 / 27,100 = $19
conversion $2,849,040 / 26,380 = $108
total = $127
costs assigned to finished units = $127 x 23,500 = $2,984,500