Answer:
The correct answer is D. value for its customers.
Explanation:
Generating value for the client means giving something in which he feels really grateful, having fulfilled what was expected or, even better, having fulfilled what was needed and what was wanted.
For example, the delivery of the product on the agreed date, the ease of the process of both buying and using the product or service, the attitude of the team when it comes to serving the customer, solving a problem in an effective way, making a conversation enjoyable at the time it is paid, etc.
Generating added value for the customer is not about magic. It is simply that the customer perceives a positive difference. Let him see that it is a different place and concerned about the most important details for the benefit of the client.
The key to giving value to your customers is in the small details, so it is time to start with the business to offer it.
Answer:
Freecia has a comparative advantage in producing memory chips
Explanation:
Comparative advantage occurs when a company has an advantage over the other through the production of certain goods at a cheaper rate.
Looking at the given example , let us assume that the cost of producing a bushel of rice is $10 and memory chips is $10
Warmia produces two bushels of rice at $70 and a memory chip at $70(ratio 2:1) 1/3*70= 23.3
Freecia produces five bushels of rice at $70 and two memory chips at $7
(Ratio 5:2). 2/7*70=14
We can see that the cost of producing memory chips is cheaper fo Freecia
Answer:
The answer is:
Total loss to the left of the intersection
Total profit to the right of the intersection
Explanation:
Cost-volume-profit (CVP) analysis is a method that looks into the impact of how varying levels of costs and volume will affect the operating profit of a firm. This gives companies good understanding of the profitability of their products or services.
To answer the question above;
Total loss to the left of the intersection
Total profit to the right of the intersection
While the intersection is the break-even
Answer:
Option (C) is correct.
Explanation:
Variable overhead per unit:
= Variable overhead ÷ Total units produced
= $70,000 ÷ 10,000
= $7 per unit
Fixed overhead per unit:
= Fixed overhead ÷ Total units produced
= 120,000 ÷ 10,000
= $12 per unit
Total product cost:
= Direct materials + Direct labor + Variable overhead + Fixed overhead
= 10 + 6 + 7 + 12
= $35 per unit
