Answer:
C) differences in the way consumers see themselves and in the way they see products and services.
Explanation:
People from different cultures tend to think that everyone thinks similarly to them, but actually people from different cultures view themselves differently.
For example, Arab states are very warm and have a lot of sunshine, but if you try to sell bikinis you will probably go bankrupt before selling any because culturally Arab women use a lot of clothes even at the beach.
India is the country with the most cattle in the world, but they do not eat beef, so McDonald's probably had to change their recipe when they started operating there.
Based n the info you gave. I would say the best account for him is A "saving account" because he's saving a amount of money to buy the bike he wants without having to spend more then he plans. Hope this helps! (:
Answer:
Small businesses usually deal with known and established products and services, while entrepreneurial ventures focus on new, innovative offerings. Because of this, small business owners tend to deal with known risks and entrepreneurs face unknown risks.
The process of production is complete when retailers prepare goods for sale to consumers. Hence, Option C is correct.
<h3>What is the production process?</h3>
Capital, labour, technology, land, and other resources are considered factors of production because they are utilised to produce output, which includes commodities and services.
One of the most crucial procedures in manufacturing is production, which is essential to understanding what it means to be a manufacturer. Without this activity, there would be nothing produced that could be sold to buyers as finished goods.
Therefore, Option C is correct.
Learn more about production process from here:
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Answer:
The contribution margin per unit for the 18-inch blade.
Break even in units = Fixed cost/Contribution per unit
= 85,000/11 (15-4)
= 7,728 unit (round off)
The contribution margin ratio of the 18-inch blade.
Total contribution margin (CM) is calculated by subtracting total variable costs TVC from total sales TSP. Contribution margin per unit equals sales price per unit SP minus variable costs per unit VC . It is used in calculating a break even point of a business. Contribution margin ratio tells us how much contribution towards fixed cost is generate by selling a unit.
CM ratio = $ 11/ $ 15 *100= 73.33%
(Variable cost = 15 -4 = 11 )
Contribution margin income statement for the month of January.
Sales $ 180,000
Variable cost ($ 48,000)
Gross profit $ 132,000
Fixed Cost ($ 85,000)
Net Profit $ 47,000
