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Lilit [14]
3 years ago
11

Which of the following is an example of competing on quick response?A) A firm produces its product with less raw material waste

than its competitors.B) A firm offers more reliable products than its competitors.C) A firm's products are introduced into the market faster than its competitors' products.D) A firm utilizes is capacity more effectively than its competitors.E) A firm advertises more than its competitors
Business
1 answer:
finlep [7]3 years ago
4 0

Answer:

C) A firm's products are introduced into the market faster than its competitors' products.

Explanation:

Quick response refers to shorten the delivery time of products and services to meet  the need of customers at the right moment. This is a way to survive the competition and increase the customer satisfaction. According to this, an example of competing on quick response wil be that a firm's products are introduced into the market faster than its competitors' products as the firm will be having a better delivery time than the competition which will allow it to put the goods first in the market which will give it an advantage by being first.

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The three steps which will create triangular arbitrage profit are as follows: first step, convert ____; second step, convert ___
Vladimir [108]

Answer:

The correct option is b) USD to GBP; GBP to CHF; CHF to USD.

Explanation:

A triangular arbitrage can be described as the act of taking advantage of a foreign exchange market arbitrage opportunity created by a pricing difference between three different currencies.

A triangle arbitrage method entails three deals, with the first currency being converted to a second, the second currency being converted to a third, and the third currency being converted to the first.

In the question, USD is the first currency, GBP is the second currency, and CHF is the third currency. Based on the explanation above, the three steps which will create triangular arbitrage profit are as follows: first step, convert <u>USD to GBP</u>; second step, convert <u>GBP to CHF</u>, and third step, convert <u>CHF to USD</u>.

Therefore, the correct option is b) USD to GBP; GBP to CHF; CHF to USD.

7 0
2 years ago
During November, the production department of a process operations system completed and transferred to finished goods 35,000 uni
azamat

Answer:

The number of equivalent units using the weighted-average method is 185,000.

Explanation:

Determine the number of units completed and transferred out.

Number of units  completed and  transferred out  = Units in beginning

+ Units started and completed during the month

=35,000+110,000

=145,000

​  

Therefore, the number of units completed and transferred out is 145,000 units.

It is given that the beginning units completed is 35,000, and the units started and completed are 110,000. They are added to calculate the number of units completed and transferred out. Therefore, the number of units completed and transferred out is 145,000 units.

----

Determine the number of equivalent units using the weighted-average method.

Equivalent units =  Number of units completed and transferred out +  Additional units in process  ×Percentagecompleted

=145,000+(40,000×100%)

=185,000

​

6 0
3 years ago
Outpuit AFC AVC ATC MC 1 $300 $100 $400 $100 2 150 75 225 50 3 100 70 170 60 4 75 73 148 80 5 60 80 140 110 6 50 90 140 140 7 43
Simora [160]

Answer:

The answer is $119

Explanation:

Solution:

The firm is working in a competitive market that is seen as perfect.

Thus,

The profit the condition for maximizing profit is given below:

P = MR =MC

Now,

The market price of the product is =$290

So,

P = $290

From the given table, we noticed that the profit maximizing output level is 9 units when P = MC

The profit (π) = total revenue - cost total

= ( P * Q) - ( ATC * Q)

= 290 * 9 - 171 * 9

= 2610 - 1539

= 1071

Therefore, the per-unit economic profit at the profit-maximizing output is

=$1071/9

=$119

7 0
3 years ago
A ______ is a word, name, symbol, or device that is used in trade with goods to indicate the source of the goods and to distingu
alexira [117]

Answer:

trademark

Explanation:

The trademark refers to the logo design, name, word, symbol of the product that represents the company and used for the sale of the goods.

With the help of the trademark, the company could distinguish its products as compared with the competitors with the motive to gain a competitive advantage in the market place

Therefore this is a trademark

6 0
3 years ago
Determine the missing amounts. (Round answers to 0 decimal places, e.g. 1,225.) Unit Selling Price Unit Variable Costs Unit Cont
natali 33 [55]

Answer:

Unit Selling Price     Unit Variable Costs    Unit Contribution  Margin Contribution Margin Ratio

1. $570 $420    

Unit Contribution  Margin= Unit Sales Price Less  Unit Variable Price =

$ 570- $ 450 = $150 (a)

Contribution Margin Ratio = Contribution Margin/ Sales = 150/570* 100= 26 % (b)

2. $490      $490 -$130= $360 (c) $130        ($ 130/ $490)* 100= 27 % (d)

3. $23000 (e) $22540 (f) $460 2

Unit Contribution  Margin $460

Contribution Margin Ratio  2

Contribution Margin Ratio= Unit Contribution  Margin/Sales=  $460/ Sales  =2 %

$460/ Sales  =2 %

Sales = $ 460/2%= $ 23000

Sales - Unit Contribution  Margin = $ 460

Unit Contribution  Margin= Sales- $460 = $ 23000- $ 460= $ 22540

4 0
3 years ago
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