In Some Environments, It Is Very Difficult to Dispose of Used

question 2

Essay

In some environments, it is very difficult to dispose of used products.Explain what special types of disposal problems are created by densely populated areas and what type of business could be created in Sydney, New York or in Hong Kong that would take advantage of this difficulty.

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Definitions:

Contribution Margin

The difference between sales revenue and variable costs, indicating how much revenue contributes to covering fixed costs and profit generation.

Fixed Costs

Expenses that do not vary with the level of production or sales, such as rent, salaries, and insurance.

Operating Income

Earnings before interest and taxes (EBIT), a measure of a company's profitability from its core operations.

Direct Labor Efficiency Variance

A financial metric that analyzes the difference between the actual hours worked and the standard hours expected for the production achieved.