Answer:
<u>Value Chain .</u>
Explanation:
The set of the business activities that add value to the end product is referred as Value Chain.
Value Chains is the a way through which a company can increase its efficiency. Creation of value is the main aim of any business entity.The last aim of value chain is to create a competitive advantage for the company.
Value is created for the customers , for the shareholders etc. There are two main categories in a value chain analysis they are Primary value activities and support value activities.
Options:
A.economies of scale.
B. diseconomies of scale.
C. constant returns to scale.
D. diminishing marginal product
Answer:A. Economies of scale.
Explanation: Economies of scale is a term used in Economics to describe the as the costs benefits and advantages that a business firm enjoys through efficient utilisation of its processes and resources.
Economies of scale is also a major advantage of large scale business organisations as it ensures that the size of manufacturing enhances their capacity to compete favourably with reduced cost due to their size and multiple stream of investments.
Answer:
False
Explanation:
The reason is that the net difference depends upon the efficiency of the company and doesn't always gives a smaller number of score. There numerous examples like Nestle which integrated its finance departments and other departments which generated greater value for the company in the same year above the budget set. So when the company starts control costs with its greater efficiency achievements the favourable variance starts growing and vice versa.
Basically, an interest rate is an amount that is added on top of the principal amount most especially in loans. This is expressed in a form of percentage, depending on the amount and interest rate being agreed upon. The answer for this would be the second option. Hope this helps.
Answer:
Country A to specialize in growing corn while country B specializes in making cars
