Answer:
Clarity and accuracy are important parts of writing because it helps people understand what the writer is talking about. You don't want people to read your report or proposals and be confused.
Explanation:
Answer:
Allocative efficiency is about distributing or allocating resources in the best possible manner. E.g. in order to fight the current pandemic, more resources ($) is allocated to different health care institutions.
Productive efficiency is about how a company or a person uses the resources that it has in order to produce the greatest amount of benefits at the lowest possible cost. E.g. in a hospital, if a doctor is able to treat 15 patients per day, his/her productive efficiency will be higher than another doctor that only treats 10 patients per day.
The answer is "marketing information system"
Answer:
A unit of sale is what a customer actually buys from you. It's the amount of product (or service) you use to figure your operations and profit. The unit of sale is really the basic building block of your business. If you were a retailer who sold athletic shoes, your unit of sale would be a single pair of shoes.
Explanation:
Answer:
Difference between product cost and period cost is stated as follows:-
- Product cost is experience in the business field only if there is production of products but period cost is the cost that is faced by the organization during the passing of time.
- Product cost has the tendency to vary whereas period cost remains the same or fixed.
- Product cost is considered as the fragment of inventory but period cost is not not included in that.
<u>Example of product cost are</u>:- labor wages, raw material cost etc
<u>Example of period cost:</u>-rent, salary etc.