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3 years ago

A contest for an honor or an award is called?

Business

2 answers:

Alexandra [31]3 years ago

8 0

Answer:

Option D: a competition

Explanation:

To contest means to compete.

A competition is commonly defined as a contest between different parties independent of each other for rewards such as honor or an award. It is also described as an effort to out-maneuver other competitors in achieving a desired prize.

Competition can be an unconscious activity. Competition is universal and is mostly goal oriented.Competition can sometimes be destructive. Competition can be personal or impersonal.

seraphim [82]3 years ago

7 0

Answer:

D. a competition.

Explanation:

A contest for an honor or an award is called a competition. The competition most times appears to be a thing not multiple people can attain at a time.

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When marginal revenue equals marginal cost, the firm a. should increase the level of production to maximize its profit. b. may b

love history [14]

When marginal revenue is equal to the marginal cost, then the firm should increase the level of production to maximize its profit.

Marginal revenue simply means the increase in revenue that a company makes as a result of selling an additional output of good. Marginal cost is the cost that a company incurs for production of one extra unit of good.

It should be noted that when the marginal cost if a firm is more than the marginal revenue, it means that the firm is producing too much.

When the marginal revenue of the firm equals the marginal cost, then the firm should maximize its profit.

The correct option is A.

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brainly.com/question/10822075

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2 years ago

8. The TS Company has budgeted sales for the year as follows: Quarter 1 Quarter 2 Quarter 3 Quarter 4 Sales in units 10,000 12,0

Finger [1]

Answer:

Results are below.

Explanation:

First, we need to determine the production budget using the following formula:

Production= sales + desired ending inventory - beginning inventory

Quarter 1:

Production= 10,000 + (0.25*12,000) - 2,500

Production= 10,500

Quarter 2:

Production= 12,000 + (0.25*14,000) - 3,000

Production= 12,500

Quarter 3:

Production= 14,000 + (0.25*16,000) - 3,500

Production= 14,500

Quarter 4:

Production= 16,000 - 4,000

Production= 12,000

Now, the direct material purchase budget:

Purchases= production + desired ending inventory - beginning inventory

Quarter 1:

Purchase= 10,500*4 + (12,500*0.1) - 4,200

Purchase= 39,050 pounds

Quarter 2:

Purchase= 12,500*4 + (14,500*0.1) - 1,250

Purchase= 50,200 pounds

Quarter 3:

Purchase= 14,500*4 + (12,000*0.1) - 1,450

Purchase= 57,750 pounds

Quarter 4:

Purchase= 12,000*4 - 1,200

Purchase= 46,800 pounds

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2 years ago

A basic CRM premise is that customers form relationships with companies as opposed to companies conducting individual transactio

Romashka-Z-Leto [24]

Answer:

True.

Explanation:

In Business management, customer relationship management (CRM) can be defined as the basic combination of strategies, technologies, techniques and practices for the management and evaluation of customer interactions and informations with the company's past, current and potential customers, for the purpose of increasing sales, growth and improving customer satisfaction.

A basic customer relationship management (CRM) premise is that customers form relationships with companies as opposed to companies conducting individual transactions with customers. In order to build a mutual and strong customer relationships, it is very important and essential to create a communication medium. Companies shouldn't just engage in a one-sided business transactions with their customers, it is important and essential that they try to find out what the wants or basic needs of their customers is. Consequently, they would then be able to proffer a solution or inform them that they have a solution to meet the customer's wants or requirements.

Hence, in order to build a seemingly and effective customer relationship management, companies should ensure they employ competent and professional managers who has a good listening ear and pays so much attention to details.

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2 years ago

Which customers are typical for the Agriculture, Food, and Natural Resources career cluster?

tatyana61 [14]

Chicken wing chicken wing hot dog and bologna

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2 years ago

Name about six qualities or characteristics of other people that you most respect or admire?

jeyben [28]

1. Genuine
2. Kindness
3. Trustworthy
4. Loyal
5. Forgiving
6. Dependable
7. Inspiring
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3 years ago

Read 2 more answers