Critics of mercantilism believed the restriction oninternational tradeincreased expenses, because all imports, regardless of product origin, had to be shipped by British ships. This radically spiked the costs of goods for the colonists, who believed the disadvantages of this system outweighed the benefi...
Gross profit is also generally more controllable. Costs such as utilities, rent, insurance, or supplies are unavoidable and relatively fixed, while gross profit is dictated by net revenue and cost of goods sold. This means a company can strategically adjust more elements of gross profit than it ...
In other words, economies of scale focus on one product (volume), while economies of scope involve many products (variety).1 Types of Economies of Scale There are two main types of economies of scale: internal and external. Internal economies are controllable by management because they are ...
Debt doesn’t include controllable expenses like groceries, gas, or utilities. As an example, if your monthly bills total $1,800 and you make $6,000 a month, your DTI is around 30%. Usually, the lower your DTI, the better your chances for credit approval. To improve your capacity, ...
Note, however, that airlines are not legally required to do this. Inquire about other compensation If you've been stranded at the airport for several hours, check in with an agent and reference the Commitments for Controllable Delays section on the DOT's Cancellation and Delay Dashboard – ...
Now that you know the reason for the delay, you need to figure out if that issue is considered a "controllable" flight delay or cancellation to see if you're due compensation. Airline cancellations and delays that are "controllable" by the airline A "controllable" flight cancellation or delay...