Encourage people to open business and invent new product.
The value of car after three years is equal to the original price times the multiplier raised to a 3 (because of number of years). This is shown in the equation below,
V = P x (1 - r)^3
Substituting the given values,
V = ($15,000) x (1 - 0.2)^3
The value of the car after three years is equal to $7,680. The answer is letter D.
Answer:
False
Explanation:
The just in time (JIT) system was developed by Toyota in order to decrease inventory costs and improve overall efficiency. Since a car manufacturer uses tens of thousands of different parts and supplies, they have a lot of suppliers and the JIT works perfectly for them. So the first part is true.
But the main disadvantage with JIT systems is that it increases stockout and breakdown risks. Since the whole process must work very smoothly, any disruption can cause a lot of problems.
Marketing is an activity that creates value for customers, clients, partners, and society at large. A firm does this by<u> </u><u>communicating</u><u>, </u><u>delivering</u> and <u>creating</u><u> </u><u>offerings</u><u>.</u>
What is marketing?
The process of developing, communicating, delivering, and exchanging offerings that are valuable to customers, clients, partners, and society at large collectively is known as marketing. In other words, marketing goes beyond simply selling and advertising. Everything an organisation does to meet customer needs is included in this:
-Creating a product and outlining its features and advantages
-Determining its target market -Determining its price
Making it known to potential customers and encouraging purchases
Marketing is a team effort that involves everyone in the company, as should be expected.
Learn more about marketing here:
brainly.com/question/13748773
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