There are three ways to cope up with the problem of scarcity:
a. Economic growth.
b. Improvement of use of available resources.
c. Reduction of wants.
Explanation: Economic growth mean the ability if an economy to produces products and services. Using the products wisely can improve the usage and helps in saving the resources. Society can improve the use their existing or available resources in order to reduce the scarcity by: Efficiency in productivity, efficient allocation of resources, full employment with minimum wastage and equity.
Tech A says that packing a wheel bearing assembly can be done by hand with proper results. Tech B says that packing a wheel bearing assembly with a bearing packer will get the proper results. The two statements are right. This is further explained below.
<h3>What is a wheel bearing?</h3>
Generally, the wheel bearing is simply defined as an important component of a vehicle's braking, steering, and suspension systems.
In conclusion, The one-piece hub assembly is located between the drive axle and the brake disc.
Read more about wheel bearing
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Answer:
a. sales orientation
Explanation:
The sales orientation is a business model that focused to make the best product and the services without knowing the customer needs and wants
Therefore as per the given situation, it is mentioned that there is a lack of understanding with respect to the customer wants and need
So this represents the sales orientation
hence, the correct option is a.
Answer: & Explanation:
Production Budget q2
- Q2
sales 67,000
ending policy 4,050 (5% of Q3)
Beginning 3,350 (5% of current quarter)
Production 67,700 (sales + ending - beginning)
Raw materials Budget q2
Production Needs 338,500 (Units x 5)
ending policy 81,850 (20% of production q3)
Beginning 67,700 (20% of q2 production needs)
Purchase 352,650 (needs + desired ending - beginning)
