Make profit next year without eliminating any employees

Assignment Help Business Management
Reference no: EM132122582

A firm produces Product A and Product B. This years sales price of Product A have decreased tremendously, and the sale of Product B has increase by 10 percent. The firm has threeemployees that can produce Product A and five employees that can produce product B. Due to the employees high salaries, the firm will basically break even in regards to profit. What would be an optimal decision for the firm, if it would like to make profit next year without eliminating any employees?

Reference no: EM132122582

Questions Cloud

Marketing creative for smaller less known running shoe : Let’s imagine you are the marketing creative for a smaller less known running shoe manufacturer.
Equilibrium change from an event : What's your answer about the equilibrium change from an event which decreases both demand and supply?
Average total cost curve and avc : Why does the marginal cost curve always intersects the average total cost curve and AVC?
Discuss about the social welfare programs : For years, many working individuals in the United States have counted on Social Security as their primary retirement income.
Make profit next year without eliminating any employees : What would be an optimal decision for the firm, if it would like to make profit next year without eliminating any employees?
Branch of an oligopoly : A cartel is branch of an oligopoly. There are still a handful of large firms and many smaller firms. For instance, the diamond industry
Eliminate monopolies from the united states : Is this why the Department of Justice attempts to eliminate monopolies from the United States?
Examine the ethical environment in which mcdonalds operates : Examine the ethical environment in which McDonalds operates and consider the impact this has upon its business behaviour and performance
Contrast the four market structures : If we compare and contrast the four market structures, it is evident that one market structure is most practiced and evident in the United States.

Reviews

Write a Review

Business Management Questions & Answers

  Relationship between public and private insurance

Relationship between public and private insurance - Explain the relationship between public and private insurance as well as among the branches of the government.

  Defined as the lead-time demand for an item

The reorder point [see equation (10.6) is defined as the lead-time demand for an item. In cases of long lead times

  What are the main issues in the below case study

1. What are the main issues in the below case study? 2. What are the Project Risks? 3. How these risks can be mitigated?

  Reduce unemployment to an acceptable level

Discuss ANY THREE (3) measures that have been used to reduce unemployment in South Africa in the last decade. Recommend the curse of action which you think the government should take to reduce unemployment to an acceptable level.

  Approaches to discipline

Discuss the following approaches to discipline: hot-stove rule and progressive discipline. Which one do you think is the best approach? Explain your answer.

  What stakeholders require communication

What stakeholders require communication? What will be communicated to them? Who will send the communication? What communication medium will be used? minimum of 4 scholarly references.

  Differences in leadership and followership styles

Discuss the differences in leadership and followership styles as they relate to gender. Are there differences leading and managing employees of different?

  What is the use of lockouts during labor negotiations

What is the use of lockouts during labor negotiations. Are there a variety of reasons lockouts are used?

  Purpose of the annotated bibliography

In certain classes, you will be asked to write an annotated bibliography, which sounds quite intimidating, but is simply a brief summary of something you have read or consulted during the course of your research on a given subject.

  Product flows from one country to the next

Research one item that is internationally traded and outline how this product flows from one country to the next.

  Explain the measures of univariate variable description

Explain the measures of univariate variable description that we have (i.e., frequency, central tendency, and dispersion).  What do these measures tell us?  Why are they useful?

  Question about crisis management

How an corporation handles a major crisis can have a long term effect on it for good or bad. Using examples from your texts, your own experiences and the Internet.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd