Answer:
manufacturing organization
Explanation:
This is an example of a manufacturing organization. This is an organization that focuses on gathering all of the necessary ingredients, which are then placed in a specific process to which combines them to make a unique product. This product is then sold to other companies or individual customers to generate profit for the company. This is exactly what Black Diamond does in order to produce outdoor equipment.
Answer:B
Explanation:
Both technician A and B are correct
When three possibilities are equally likely and have payoffs of $3, $6, and $9. Then the expected value will be $6.
<u>What is Expected Value? </u>
Expected value refers to when you play the game it will tell you the probability or winning chance and amount to win.
Hence, in the above questions, there are equally likely possibilities.
So, in this case, the probability for each possibility is 1/3.
We can calculate the expected value (EV) as:
EV=((1/3) x $3) + ((1/3) x $6) + ((1/3) x $9)
=1 + 2 + 3
=$6
Therefore, the expected value will be $6 when three possibilities are equally likely and have payoffs of $3, $6, and $9.
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Answer:
See below
Explanation:
With regards to the above information, the contribution margin is computed as seen below.
Contribution margin per composite unit = Selling price per composite unit - Variable cost per composite unit
= $150 - $50
= $100
Hence, the contribution margin per composite unit is $100
Answer:
Marketing Mix
Explanation:
Marketing mix is a combination of various components which are controlled by an organization or firm aimed at influencing a consumer's desire in purchasing their products. It is centered upon the historical 4Ps of marketing which are
1. Place
2. Promotion
3. Product, and
4. Price.
It is the method or technique used in taking or rather introducing or new product or service to the market. It is a group of tools used by businesses and marketers in selling their products and services to the buyers and final consumers.
