the actions that firms in an industry must perform in the process of designing, manufacturing, and providing customer service are called
Answers
The actions that firms in an industry must perform in the process of designing, manufacturing, and providing customer service are called value chain.
What is firm?
The term firm refers to the company as are main motive to earn profit with increases the sales. The firm are involved in the partners, owner, employees, and workers.
The action of the firm as value chain as perform the process refer to the designing, acquisition, assembled, manufacturing, distribution, sales, and customer services.
As a result, the firm is the basis of the function as the value chain.
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Related Questions
1. Problem solving and critical thinking are defined as
A. The process of finding solutions using myths.
3. Determining the quality of our beliefs,
C. The ability to use facts, knowledge and data to successfully solve problems
D. Assessing the practical impact of our beliefs,
Answers
Answer:
I believe it's C
Explanation:
It might not be, so I would wait till someone else gives you a answer just in case!!
How much is it to start a buissness?
Answers
Answer:the average cot to start a business is 30,000
Explanation:
hello , What are three common tools for qualitative research in business and marketing?
Answers
Answer:
they would be in-depth interviews, focus group discussions and observation over data
Explanation:
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The most common form of competition is ________blank, in which many firms compete for customers in a given market but with differentiated products.
Answers
The most common form of competition is monopolistic competition blank, in which many firms compete for customers in a given market but with differentiated products.
Monopolistic Competition Market
Monopolistic Competition is a competition with other manufacturers who have similar products, but there are differences between each of them.
This difference is the hallmark of the productsproducts sold by each manufacturer.
The activity of producing these goods is known as product differentiation or product differentiation. Because the products produced are almost similar, each producer will compete in terms of quality, price, and how to market their products.
Monopolistic Competition Market Characteristics
The characteristics of a monopolistically competitive market are as follows:
1. Has a very large number of producers
As in a perfectly competitive market, a monopolistic market has a large number of producers. Due to the large number of producers, each producer has a relatively small market share.
2. There is Product Differentiation
Product differentiation is when a manufacturer produces a product that is slightly different, but similar to the products of its competitors.
In a monopolistically competitive market, when the price of one producer rises while the price of the product of another producer is constant, the demand for that product will fall. Because, consumers will easily find substitute products from these products.
3. Each producer competes in terms of quality, price, and how to market their products
Because products in monopolistic markets tend to be similar, producers will compete in terms of quality, price, and how to market their respective products.
Manufacturers will compete to improve the quality of their products, such as through attractive product designs and services provided to consumers.
4. Producers are free to enter the market
Just like a perfectly competitive market, monopolistic market participants are also free to enter and leave the market.
The free entry and exit of the market means that there are no barriers for new producers who want to sell their products in the market or old producers who want to leave the market.
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Question 10 of 20
What is the difference between a market economy and a command
economy?
A. A market economy is determined by central authority and a
command economy is determined by consumers,
B. A market economy is determined by consumers while a command
economy is determined by both consumers and central authority
C. A market economy is determined by both central authority and
consumers while a command economy is determined by only
consumers
D. A market economy is determined by consumers and a command
economy is determined by central authority,
Answers
1. Luke is a promising young model. In future, he hopes to become as famous as his idol, Gunner. According to Maslow's hierarchy of needs, this need can be classified as a ____.
2. When customers look beyond their personal knowledge and experience to help them in buying something, they are engaging in ____.
Answers
1. Luke's aspiration aligns with self-actualization in Maslow's hierarchy.
2. External information search involves seeking external sources to make informed purchase decisions.
1. Luke's aspiration to become as famous as his idol, Gunner, can be classified as a self-actualization need according to Maslow's hierarchy of needs.
Maslow's hierarchy of needs is a theory proposed by psychologist Abraham Maslow, which suggests that human needs can be categorized into a hierarchical structure. At the top of the hierarchy is the need for self-actualization, which represents the desire for personal growth, fulfillment of potential, and the pursuit of one's passions and aspirations. Luke's aspiration to achieve fame and recognition aligns with the self-actualization need, as he aims to fulfill his personal potential and achieve his goals in the modeling industry.
2. When customers look beyond their personal knowledge and experience to help them in buying something, they are engaging in external information search.
External information search refers to the process in which consumers seek information from external sources, such as friends, family, experts, reviews, or advertisements, to gather information and make informed decisions about a purchase. By seeking external information, customers are expanding their knowledge beyond their personal experiences and relying on additional sources to make a well-informed buying decision. This external information search can provide valuable insights, comparisons, and recommendations that influence the purchasing behavior of consumers.
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What is the relationship between the production of vegetables and sale?
Answers
Answer:
The relationship between the production of vegetables and sale is the main difference between sales and production is that you must produce a product before you can sell it. Sales in a business are closely correlated to the marketing or sales effort of a business, whereas production is closely related to the manufacturing process.
I hope it help you,
God blessed youQuestion 6 of 10
The optional feature in a business letter is the:
A. date.
B. inside address.
C. closing.
D. reference.
Answers
Answer:
D would be the correct answer
Explanation:
Answer: reference
Explanation: ape x
The ipad disrupted consumer equilibrium because spending shifted from alternative products with a(n) ______ marginal-utility-to-price ratio to ipads as a way to increase total utility.
Answers
The ipad disrupted consumer equilibrium because spending shifted from alternative products with a(n) lower marginal-utility-to-price ratio to ipads as a way to increase total utility.
Consumer's Equilibrium can be defined as the satisfaction a consumer derived from using a product.
Total utility and marginal utility work together or hand in hand as it tend to determine the satisfaction a consumer derived after a product consumption.
Therefore an increase in total utility can tend to lower marginal utility.
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Which are direct employers for people working in the architecture and construction career pathway? check all that apply.
Answers
The state government, the federal government, the local government, and a private enterprise are the direct employers of persons who follow a career path in architecture and construction.
What is Architecture and construction pathways?
A structure's development, construction, and maintenance, whether it be a skyscraper or a motorway, are all handled by the complex cluster of subjects known as architecture and construction. Designing a complete neighborhood and installing security and fire alarms in individual buildings are both jobs in this sector. This field includes the planning and construction of structures as well as the maintenance of machinery that, once installed, becomes an essential component of the building.
Examples- of such machinery include plumbing, heating, central air conditioning, electrical wiring, lighting equipment, elevators, and escalators.
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People who pursue a career in design and construction work for the state government, the federal government, the local authority, and a private business.
What is the construction pathways for architecture?Architecture and construction is a broad field of study that is concerned with the design, building, and maintenance of various kinds of structures, including skyscrapers and highways. Jobs in this industry include planning an entire neighborhood and setting up security and fire alarms in specific structures. This profession involves both the design and building of structures as well as the upkeep of equipment that, once installed, forms a crucial part of the building.Piping, heating, air conditioning, electrical wiring, special lighting, elevators, and escalators are a few examples of this type of machinery.
Complete question:Which are direct employers for people working in the architecture and construction career pathway? check all that apply:the state government,the federal government,the local government,a private company
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Would you categorize the marketing area in which frank davis is the marketing director and thomas green is one of the senior market specialists more as a work group or a team?.
Answers
Working Group Would you please classify the marketing division where Thomas Green is a senior market specialist and Frank Davis is the marketing director
What exactly does marketing mean?In order to create, communicate, distribute, and exchange offerings that are valuable to customers, clients, partners, & society at large, marketing is the activity, a system of institutions, and a set of procedures.
Which of these 4 marketing types are they?
The four Ps are a "marketing mix" made up of four essential components that are used to promote a good or service: product, pricing, place, and promotion. Typically, companies take into account the four Ps when developing marketing plans and strategies to reach their target audience.
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outline 2 advantages to H&H of using secondary market research
Answers
Explanation:
It provides quick information and factual background perspectives
It is less expensive and affordable
When fire alarm sounds. Why should you evacuate children immediately even if you do not see flames?
Answers
Answer: because even if there is no fire there could be an explosion, fire and gasoline WILL make an explosion. So Basically it can start with fire but soon turn into an explosion. If it's a fire DRILL then it's for practice if that actually does happen.
According to the international Fisher Effect, if an investor purchases a five-year U.S. bond that has an annual interest rate of 5% rather than a comparable British bond that has an annual interest rate of 6%, then the investor must be expecting the ________ to ________ at a rate of at least 1% per year over the next 5 years.
Answers
Answer: U.S. dollar; appreciate
Explanation:
Notes
Question 12 of 40
Eric wants a new motorcycle. He visits a local motorcycle shop and finds one
that has all the features he's looking for. The salesperson tells Eric the
motorcycle is currently selling for $2,000. Not too long ago, Eric saw that
same make and model for $1,700 at another shop. Eric suggests a price of
$1,500 for the motorcycle and they settle at $1,800. Which of these prices is
the market price?
A. $2,000
B. $1,500
O C. $1,700
D. $1,800
SUBMIT
Answers
Answer:
D. $1,800
Explanation:
The market price is the amount that a product or service trades for, as determined by demand and supply forces. It is the most current price that a good, service, or share has traded. The market price is the actual amount that can be realized when a product or service is sold.
The market price for the new bicycle is $1800. The salesperson represents the supply side, while Erick is on the demand side of the market. They agree on $1800. This price is where demand meet supply and is the market price.
Answer:
C. $1700
Explanation:
HELP TAKING TEST!! Suppose you are a treatment specialist and desire additional training and certification. What would the best avenue for you to
obtain this?
O counselor certification
O specialist certification
O therapist certification
O crisis certification
Answers
ter visiting several automobile dealerships, Richard selects the car he wants. He likes its $13,000 price, but financing through the dealer is no bargain. He has $2,600 cash for a down payment, so he needs a loan of $10,400. In shopping at several banks for an installment loan, he learns that interest on most automobile loans is quoted at add-on rates. That is, during the life of the loan, interest is paid on the full amount borrowed even though a portion of the principal has been paid back. Richard borrows $10,400 for a period of four years at an add-on interest rate of 8 percent.
Answers
APR = 21.55%
- I = Prt
- I = (8000)(.11)(4) = 3520
- Total Cost = Down Payment + Principal Borrowed + Interest
- Total Cost = 2000 + 8000 + 3520 = 13520
- Monthly Payment = (Principal Borrowed + Total interest) / Total number of payments
- Monthly Payment = (8000 + 3520) / 48
- APR= (2 × n × I) / [P × (N + 1)]
where:
N= Total number of payments
- APR = (2 × 12 × 3520) / [8000 × (48+1)] = 21.55%
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Annual percentage rate is 21.55%.
Simple Interest(I) = Principle ×rate× time/100
Principle = $8000
Rate = 11%
time = 4 years.
I = (8000)(.11)(4) = 3520
Total Cost = Down Payment + Principal Borrowed + Interest
Total Cost = 2000 + 8000 + 3520 = 13520
Monthly Payment = (Principal Borrowed + Total interest) / Total number of payments
Monthly Payment = (8000 + 3520) / 48
Annual percentage rate = (2 × n × I) / [P × (N + 1)]
where:
N= Total number of payments = 48
I = interest = $3520
P = principle = $8000
Annual percentage rate = (2 × 12 × 3520) / [8000 × (48+1)] = 21.55%
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interview any business owner on impact of crime
Answers
Answer:
Businesses that had been affected by crime were found to be 17 to 22 percent less likely to increase employment. Almost half the businesses said that fear of crime among their clients or customers had had a negative impact on their businesses. This figure was particularly high in townships and inner city locations.
Explanation:
I hope this helps you sorry if it doesn’t
Contingent Liability
On the situation below determine whether the liability is provision or not. Write Provision if it be recognized a liability and their corresponding amount. If not be recognized as a liability, write "not provision".
a. In May 2019, E Company became involved in litigation. In December 2019, the court assessed a judgment for P1,600,000 against E Company. The entity is appealing the amount of the judgment. The attorneys believed it is probable that the assessment can be reduced on appeal by 50%. The appeal is expected to take at least a year._____________________
b. In July 2019 Cebu City brought action against E Company for polluting the river with its waste products. It is probable that Cebu City will be successful but the amount of damages the entity might have to pay should not exceed P1,500,000.________________________
c. E Company has signed as guarantor for a P1,000,000 loan by First Bank to N Company a principal supplier to E Company. At this time, there is only a remote likelihood that E Company will have to make payment on Behalf of N Company._________________________
d. E Company has long owned a manufacturing site that has now been discovered to be contaminated with toxic waste. The entity has acknowledged its responsibility for the contamination. An initial clean up feasibility study has shown that it will cost at least P500,000 to clean up the toxic waste._________________________
e. E Company has been sued for patent infringement and lost the case. A preliminary judgement of P300,000 was issued and is under legal appeal. The entity attorneys agree that it is probable that the entity will lose this appeal.____________________
f. No customer accounts have been shown to be uncollectible as yet but E Company estimated that 3% of credit sales will eventually prove uncollectible. Credit sales amounted P30,000,000 for 2019. _______________________
g. E Company offers a two-year warranty against manufacturers defect for all its products. Industry experience indicates that warranty costs will approximately 2% of credit sales. Actual warranty paid totalled P350,000. ___________________________
h. E Company is involved in a lawsuit resulting from a dispute with a customer. On January 2020, judgment was rendered against
E. Company in the amount of P1,500,000 plus interest of P300,000. E Company plans to appeal the judgment and is unable to predict its outcome though it is not expected to have a material adverse effect on the entity._______________________
Answers
a. Provision: The liability should be recognized as a provision. The amount recognized would be P800,000, which is 50% of the assessed judgment of P1,600,000.
b. Provision: The liability should be recognized as a provision. The amount recognized would be P1,500,000, as it is the maximum amount of damages the entity might have to pay.
c. Not provision: As there is only a remote likelihood that E Company will have to make payment on behalf of N Company, it does not meet the criteria for recognizing a provision.
d. Provision: The liability should be recognized as a provision. The amount recognized would be at least P500,000, as indicated by the initial clean-up feasibility study.
e. Provision: The liability should be recognized as a provision. The preliminary judgment of P300,000 is probable to be paid, considering the agreement that the entity will lose the appeal.
f. Provision: The liability should be recognized as a provision. The estimated uncollectible amount would be P900,000 (3% of credit sales of P30,000,000).
g. Provision: The liability should be recognized as a provision. The estimated warranty costs would be P600,000 (2% of credit sales of P30,000,000). The actual warranty paid of P350,000 is below the estimated amount.
h. Not provision: As the outcome of the appeal is uncertain but not expected to have a material adverse effect, it does not meet the criteria for recognizing a provision.
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What are Swot analysis threats?
Answers
Answer: Threats in SWOT are areas with the potential to cause problems.
Explanation: Different from weaknesses, threats are external and out of your control. This can include anything from a global pandemic to a change in the competitive landscape.
the choice of a particular international strategy is driven by two factors, one of which is the source of value creation and the other is
Answers
The choice of a particular international strategy is driven by two factors, one of which is the source of value creation, and the other is the pressure for value chain efficiency.
A roaring international strategy focuses on one purpose of operation whereas exportation product and services round the world.
A firm's competitive strategy inside a given business space is examined staring at 2 factors: the creation of the competitive advantage and therefore the protection. Competitive advantage relies on lower production prices and/or quality of market issue differentiation between one country or business and another.
There are unit 2 main varieties of differentiation ways that a business might carry out: a broad differentiation strategy and a centered differentiation strategy.
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PILLAY MANUFACTURERS (PM) mutual agreement for work performed at night after 18:00 and before 6:00 the following day. Pillay manufacturers specialises in the manufacturing of fruit juice. Employees at PM have a normal rate. PM provided all black employees with learnerships and learning programmes. Black females are given opportunities to be included in shareholding in the business. Newly appointed employees were given access to the employment contract and were also inducted on different aspects. The induction programme included the following aspects: The tour of the premises, introduction to key people and immediate colleagues and a discussion of employee benefits. The business strives to set a code for ethical and effective leadership by the board of directors, by ensuring that all King Code principles are applied in all dealings. Employees have demonstrated some unprofessional business practices by taking extended lunch breaks to do their shopping. 1.1.1 PM needs to identify problems that affect their operations to make informed decisions. Brainstorming and force field analysis have been applied to enable them to solve complex business problems. Name TWO provisions of BCEA from the scenario above
Answers
Considering the scenario above, the two provisions of the BCEA would be:
The mutual agreement for night work after 6 pm and 6 am.The induction program that includes discussing employee benefits.What is the BCEA?Corresponds to an acronym for Basic Conditions of Employment Act, which is a South African labor law, which aims to provide decent standards and rights for local workers. Some of its principles are related to:
Working hoursOvertimeAnnual leaveLicensesTermination of the employment contractTherefore, BCEA is essential for labor regulation in South Africa, establishing rules on wages, child labor and other workers' rights.
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A new project will require an initial investment of $250,000. Using the company’s required rate of return of 13 percent, the project's NPV is $900. Should the project be accepted? Why or why not?
Yes; It will earn an annual return of 13 percent.
Yes; It will earn $900.
Yes; It will earn an annual return of 13 percent, plus an additional $900 in present value dollars.
No; It will earn only $900.
No; It will earn a return of only .4 percent.
Answers
The project should be accepted because it has a positive Net Present Value (NPV) of $900. This indicates that the project is expected to generate a return above the company's required rate of return of 13 percent, making it a worthwhile investment.
The project's NPV is positive, indicating that it will generate more cash inflows than outflows and will add value to the company. The required rate of return is 13 percent, which means that the project will earn at least this rate of return. Additionally, the project will generate an additional $900 in present-value dollars, which will further increase its profitability. Therefore, the project should be accepted as it meets the company's investment criteria and will generate positive returns.
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What is the price at which equilibrium is achieved? $8 $9 $10 $30.
Answers
The equilibrium of the demand and supply can be achieved at a price of $9.
What is the equilibrium position?The equilibrium is the position in the market where the demand curve and the supply curve intersects with each other at a particular point of price. At the point of equilibrium the quantity supplied and the quantity demanded are the same.
As per the graph, the demand curve shows the quantity demanded in the market at various prices in dollars while the supply curve shows the prices at which each quantity is supplied in the market.
Therefore, after examining the graph the point of intersection is at the point having the Dollar price of 9.
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Because Worldcom's accounting fraud was brought to an end with Cynthia Cooper's intervention,
WorldCom investor and employee losses were
Answers
Answer:
Explanation:
Less
Match the action needed to increase profits with the reason a business might fail.
Advertising the company to potential customers would match with_____.
a) finances
b) poor management
c) bad location
d) competition
15 POINTS AND BRAINLIEST GOES TO FIRST ANSWER ;)
Answers
Advertising the company to potential customers would match with competition .Thus the correct answer is option D.
What is advertising?The practice and techniques used to draw attention to a product or service are referred to as advertising. Advertising seeks to draw attention to a product or service by putting it in the spotlight. It is typically used to promote a specific product or service, but it has a wide range of applications, the most common being commercial advertising.
Through "branding," which associates a product name or image with certain qualities in the minds of consumers, commercial advertisements frequently seek to increase consumption of their products or services. Direct-response advertising, on the other hand, is intended to elicit an immediate sale.
Therefore, advertising helps to create a image of the company and increase its competitiveness.
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The Banking Act of ______ removed the Secretary of the Treasury and the Comptroller of the Currency from the Federal Reserve's governing board.
Answers
The Banking Act of 1935 removed the Secretary of the Treasury and the Comptroller of the Currency from the governing board of the Federal Reserve.
What effect did the Banking Act of 1935 have?The Banking Act of 1935 mandated additional changes to the Federal structure, including the establishment of the Federal Open Market Committee (FOMC) as a separate legal entity, the removal of the Treasury Secretary and the Comptroller of the Currency from the Fed's governing board, and the extension of members' terms to 14 years.
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The GUI is an index used by the OS to manage computer files,
O False
O True
Answers
Answer: I think it's true
Consumer programs perform which two of the following functions to protect consumers?.
Answers
They aid in the prosecution of businesses that market dangerous goods to consumers. They assist customers in locating the top product reviews from a range of sources.
Local Consumer Programs are non-profit or governmental organisations that address consumer complaints in their home states' regions, where their familiarity with the area and interest in the community enable them to help customers in a useful way. The FTC's Bureau of Consumer Protection combats unfair, deceptive, and fraudulent business practises by gathering goods consumer complaints, conducting investigations, pursuing legal action against violators, formulating rules to maintain a fair market, and educating companies and customers about their rights.
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managers will often allocate common fixed expenses to business segments because:
Answers
Managers often allocate common fixed expenses to business segments because it allows them to better understand the profitability of each segment.
Common fixed expenses are expenses that cannot be directly traced to a specific segment, such as rent or salaries for top-level management. By allocating these expenses to each segment based on a predetermined allocation method, managers can more accurately determine the cost of each segment's operations.
This is important because it allows managers to make informed decisions about which segments to invest in or divest from. If one segment appears to be less profitable than the others, managers may decide to reduce its funding or discontinue its operations altogether. Additionally, allocating common fixed expenses can also help with performance evaluation and incentive compensation.
However, it is important to note that the method used to allocate common fixed expenses can greatly impact the accuracy of the results. Therefore, managers must carefully consider which allocation method is most appropriate for their business and ensure that it is consistently applied.
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