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zvonat [6]
3 years ago
11

When steve discusses the "buyer for outdoor" and the "buyer for running," what does he mean?

Business
1 answer:
andre [41]3 years ago
4 0

In this video, Steve means that the people who discuss the "buyer for outdoor" and the "buyer for running, are the people who determine the product mix for each of the categories. Product mix is also known as product assortment. The product mix is the total amount of product lines a company offers its customers.

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A ________ consists of all the product lines and items that a particular seller offers for sale.
aliya0001 [1]

product mix consists of all the product lines and items that a particular seller offers for sale.

<h3>What is product ?</h3>

In the economic sense, a product is anything that may be sold to fulfill a customer's want or need. Product information may be included with a product. The product description is established by law for several product categories. For instance, food products must bear labels that list the contents, ingredients, and best-before date.

Some businesses make products and offer services using product information systems. A product information system keeps track of a product's attributes and life cycle, among other things. This product life cycle illustrates how a product changes as it is being actively manufactured and sold. Phases like development, growth, maturity, and degradation are involved. A product might be a physical item, like

To learn more about product from the link:

brainly.com/question/25638609

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8 0
2 years ago
Is used to record and accumulate all the costs assigned to a specific job.
Mashutka [201]
The Correct Answer is Option D. (Job-Cost record)
6 0
3 years ago
Product innovation refers to efforts to create designs and applications of technology to develop new products, while __________
Troyanec [42]

Answer:

Process innovation

Explanation:

Product innovation refers to efforts to create designs and applications of technology to develop new products, while <u>process</u> innovation refers to efforts to improve the efficiency of organizational systems such as manufacturing and operations.

Process inovation: It is a type of innovation that involve in improvement of process in producing goods and services. It also implement new technique and procedure to improve production or delivery method. It is also effective in reducing cost of production.

5 0
3 years ago
Year-to-date, Oracle had earned a −1.38 percent return. During the same time period, Valero Energy earned 7.62 percent and McDon
harkovskaia [24]

Answer:

1.94%

Explanation:

The computation of portfolio return is shown below:-

Portfolio return = Sum of (return from stock × Weight of stock)

= (-1.38 × 35%) + (7.62 × 30%) + (0.40 × 35%)

= 0.483 + 2.286 + 0.14

= 1.94%

Therefore for computing the portfolio return we simply multiply the sum of return from stock with sum of weight of stock.

5 0
3 years ago
If the current price of a market basket of goods is $850, the current year GDP deflator is 170, and the base year price index is
Yuki888 [10]

Answer:

$500

Explanation:

DATA

The current price of the market basket of goods = $850

Current year GDP deflator                                      = 170

In order to find the GDP in real terms, we should amend the GDP deflates formula

<u>Formula</u>: GDP deflator = \frac{NominalGDP}{RealGDP} x 100

Lets put the values and amend the formula in order to find real GDP

170 = \frac{850}{RealGDP} x 100

Real GDP = $500

3 0
3 years ago
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