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sweet-ann [11.9K]
2 years ago
13

A firm will work with a customer to design the product, and then make it from purchased materials, parts, and components. this f

irm is called:________
Business
1 answer:
drek231 [11]2 years ago
8 0

A firm will work with a customer to design the product, and then make it from purchased materials, parts, and components. this firm is called <u>a make order firm.</u>

<u />

A firm is a for-profit business, generally formed as a partnership that provides professional services, along with criminal or accounting offerings. The theory of the firm posits that firms exist to maximize profits.  The term firm is synonymous with enterprise or organization. firms can operate beneath several distinct structures, including sole proprietorships and corporations.

In income, commerce, and economics, a customer is a recipient of a good, service, product, or idea - obtained from a seller, vendor, or supplier via a monetary transaction or change for money or some other valuable consideration.

learn more about the organization here brainly.com/question/19334871

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What is a quotation???why is it important to businesses?​
bazaltina [42]

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A quotation in business is document similar to an invoice in that it contains much the same information. However, it has a different purpose: to provide the customer with a detailed list of the product or service being offered, before the order is confirmed.

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5 0
3 years ago
Read 2 more answers
Suppose Stuart Company has the following results related to cash flows for 2021: Net Income of $5,600,000 Increase in Accounts P
seropon [69]

1. The statement of cash flows of Stuart Company for the year ended December 31, 2021, is as follows:

Stuart Company

<h3>Statement of Cash Flows</h3>

For the year ended December 31, 2021,        $'000

Net Income                                                     $5,600

Depreciation                                                      1,900

Other Adjustments                                            (800)

Increase in Accounts Payable                           600

Decrease in Accounts Receivable                    900

Increase in Inventory                                        (200)

Net Cash Flow from Operating Activities $8,000

2. The Net Cash Flow from Operating Activities for Stuart Company for 2021 is <u>$8 million</u>.

<h3>What are operating activities' cash flows?</h3>

The cash flows from the operating activities section affect revenues and expenses.

They indicate the cash flows that originate from the regular business activities of the entity.

To prepare the statement of cash flows, the first items to adjust the net income are the non-cash expenses and losses and revenues and gains.

Learn more about the operating activities section at brainly.com/question/25530656

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8 0
2 years ago
Marketing intermediaries add __________ utility to products by having them available when consumers want them.
ryzh [129]

Based on business sales strategy, marketing intermediaries add <u>time utility</u> to products by having them available when consumers want them.

This is because the <u>time utility</u> allows the business firms and marketers to make the products available to the consumers whenever they need them.

<u>Time utility</u> is a marketing tool used by the business firms like retails to add value to products and to bridge the gap between the products and consumers.

Hence, in this case, it is concluded that the correct answer is "<u>time utility</u>."

Learn more here: brainly.com/question/12514869

3 0
3 years ago
A no-frills account often has no fees.<br> A. True<br> B. False
Veseljchak [2.6K]

False.

Explanation:

in addition to the service charges applicable to the no frills account was substantially lower than that of the regular savings accounts as a result the zero balance requirement that most banks offered,the account became commonly known as ZERO BALANCE ACCOUNT.

3 0
3 years ago
In a free market system, decisions about what and how much is produced are made by?
mylen [45]

In a free market system, decisions about what and how much is produced are made by the producer.

<h3 /><h3>What is a Market?</h3>

A market is a place where buyer and seller. They exchange goods and services, for a barter or for an agreed price.

Free market system is a type of market which is ideal for the seller, as there is less intervention by the government, also the property is private, the seller have the choice to make decisions. There is competition also which makes it an ideal market for the buyer too.

The autonomy is with the seller about setting the prices and other business matters which enables good interest and motivation for the seller/ the owner of the business/ the participant in the free market.  

In a free market it is the choice of the producer to take decision about what and how much of the produced is to be made.

Learn more about Free Market at brainly.com/question/27153904

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7 0
2 years ago
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