Sales volume variances can have significant implications for strategic management. An unfavorable sales volume variance may indicate that: The industry is in decline. Labor productivity needs to be addressed. Product mix changes are favorable but quantity variances are unfavorable. The company needs a new competitive strategy.

You are the manager of a firm that produces output in two plants. the demand for your firm's product is p = 20 − q, where q = q1 + q2. the marginal costs associated with producing in the two plants are mc1 = 2 and mc2 = 2q2. how much output should be produced in plant 1 in order to maximize profits?

What part of the rational model of decision-making does the former business executive “elliott” have a problem completing?

Suppose your firm is considering investing in a project with the cash flows shown as follows, that the required rate of return on projects of this risk class is 10 percent, and that the maximum allowable payback and discounted payback statistics for the project are three and a half and four and a half years, respectively. use the irr decision to evaluate this project; should it be accepted or rejected