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LenaWriter [7]
3 years ago
14

He primary difference between a good and a service, both of which are products to the marketer, is that a good is __________ and

a service is __________.
Business
1 answer:
Kamila [148]3 years ago
4 0
The primary difference between a good and a service, both of which are products to the marketer, is that a good is __________ and a service is __________.<span>a physical object; intangible.</span>
You might be interested in
Assume that one year ago, you bought 160 shares of a mutual fund for $27 per share and that you received an income dividend of $
jonny [76]

Answer:

Percentage of total return = 7.93%

Explanation:

As per the data given in the question,

Number of share = 160

Value = $27 per share

Gain distribution = $0.14 cent per share

Market value of fund = $25 per share

Total return for investment = $0.14 × 160 + ($27 - $25) × 160

= $342.5

The value of total return  percentage = $0.14 × 160 + ($27 - $25) × 160 ÷ (160 × $27)

= 0.0793

=7.93%

4 0
3 years ago
What is the meaning of code of conduct in profeession??<br> ​
BaLLatris [955]

Answer:

Professional codes of conduct draw on these professional ethical principles as the basis for prescribing required standards of behaviour for members of a profession. They also seek to set out the expectations that the profession and society have of its members.

4 0
3 years ago
Vineyard Corporation, a manufacturer of fine wines, began the year 2016 with 20,000 bottles in inventory. The company estimated
zimovet [89]

Answer:

Desired Ending Inventory for the  second quarter is 25,000 bottles

Explanation:

Vineyard Corporation

1st Quarter

Beginning Inventory 20,000

Budgeted Sales  200,000 bottles,

Ending Inventory  15,000 bottles ( 10% of the 2nd quarter's sales)

As the  management has already decided that an ending inventory of 10% of the subsequent quarter's sales is appropriate therefore we get Ending inventory by finding 10% of the subsequent quarter sales.

Vineyard Corporation

2nd Quarter

Beginning Inventory 15,000

Budgeted Sales  150,000 bottles,

Ending Inventory  25,000 bottles ( 10% of the 3rd quarter's sales)

(250,000*10/100= $ 25,000)

Vineyard Corporation

3rd Quarter

Beginning Inventory 25,000

Budgeted Sales  250,000 bottles,

Ending Inventory  40,000 bottles ( 10% of the 4th quarter's sales)

5 0
3 years ago
Human capital is best defined as: Group of answer choices any piece of machinery that must be combined with labor to be producti
tiny-mole [99]

Answer:

The correct answer is: the productive skills and knowledge that workers acquire from education and training.

Explanation:

Human capital is the intangible assets possessed by individuals or groups that can produce economic value. These assets can be education, health, intelligence, training, loyalty, punctuality, etc.

Human capital improves the productivity of physical capital by using it more efficiently. In a firm, it improves productivity and profitability. The firm though does not include it on its balance sheet. It is the economic value of the skills and experience of workers.

8 0
4 years ago
Susan can pick 4 pounds of coffee beans in an hour or gather 2 pounds of nuts. Tom can pick 2 pounds of coffee beans in an hour
Tcecarenko [31]

Answer:

$96 per day

Explanation:

Competitive advantage refers to producing or doing something more efficiently than others. Susan has a competitive advantage in picking coffee beans as she can pick 4 pounds of coffee beans in an hour as compared to nuts which she can only pick 2 in an hour. She also has an advantage in picking coffee beans over Tom who can only pick 2 pounds of coffee beans while taking the same time as Susan do for 4 pounds.

Tom, on the other hand, has a competitive advantage in picking nuts as he can pick twice the amount of nuts than Susan can pick in an hour.

If both were to specialize in their competitive advantage,

  • Susan can pick, 4 × 6 = 24 pounds of coffee beans per day
  • Tom can pick, 4 × 6 = 24 pounds of nuts per day

So, if they sell their produces at the world market, they can collectively earn a total of $96 per day.

  • Total Earning = 24 pounds coffee beans × $2 + 24 pounds of nuts × $2 = $96
8 0
4 years ago
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