All categories

3 years ago

When did american business begin to concentrate on customer needs why?

1 answer:

3 0

American businesses began to be more interested in the needs of their customers due to the increase in the competition between merchants and the demand of quality by the consumer which forced the merchants to pay more attention to consumer needs rather than their own necessities as an entrepreneur, since if the consumer does not need a product, then it is not commercially viable. Since the 1950's the increase in consumption has had a direct impact on entrepreneurs, business owners, and markets.

You might be interested in

How many National Officers currently serve BPA? O 8 06 09 010

sukhopar [10]

Answer:

Explanation:

Every year, the National Association of Business Professionals of America (BPA) elects up to 10 student representatives. The National Officers are elected from the Secondary and Post-secondary Divisions.

For the year 2019-2020, there are eight national officers; six from the secondary divide and two from the post-secondary division

3 0

3 years ago

During December, the production department of a process operations system completed and transferred to finished goods a total of

kati45 [8]

Answer:

$3 per unit

Explanation:

The computation of the direct materials cost per equivalent unit is shown below:

Completed and transferred to finished goods 65,000 units

Equivalent number of additional units in process 15000 units

Beginning inventory material cost $57,500

Direct material cost incurred $183,000

Total direct material cost $240,500 ($57,500 + $183,000)

ANd, the total units is 80,000 (65,000 + 15,000)

So, the direct material cost per equivalent unit is

= $240,500 ÷ 80,000 units

= $3 per unit

3 0

2 years ago

Wessner Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 6.20 Direct labor $

brilliants [131]

Answer:

The correct answer is D: $13

Explanation:

Giving the following information:

Cost per Unit Cost per Period:

Direct materials $ 6.20

Direct labor $ 2.80

Variable manufacturing overhead $ 1.45

Fixed manufacturing overhead $ 12,000

Sales commissions $ 1.00

Variable administrative expense $ 0.55

Fixed selling and administrative expense $ 4,000

Price= 25

Contribution margin= Price - variable costs

Variable costs= direct materials + direct labor + variable manufacturing overhead + sales commissions + variable administrative expense

Variavle costs= 6.20 + 2.80 + 1.45 + 1 + 0.55= $12

Contribution margin per unit= 25 - 12= $13

4 0

3 years ago

Your team is working hard to develop a strategy to serve a new client. Which of the following actions is most important to ensur

Levart [38]

Answer:

b. Invite the client into a meeting to shape the strategy.

Explanation:

It is very important when we invited the client for meeting so that we are able to share the strategy as the open and loose could be discussed in a proper way and in easy way also the suggestions are also welcome. In addition to this, the strategy should be taken place as per the preferences, requirements and choices of the clients

Therefore the option b is correct

8 0

2 years ago

I'MABigCorp. produces and sells kitchen wares. Last year, it produced 7,000 can openers and sold each one for $6. To produce the

SashulF [63]

Answer:

The average fixed cost to produce 7,000 can openers was $17,000

Explanation:

The fixed cost are those who don't change based on the production levels, while the variable costs depends on the production.

If we add variables cost with fixed cot we will get the total cost.

Variable cost + Fixed Cost = Total cost

Then for knowing the fixed cost we should substract to the total cost the variable cost

Fixed Cost = Total Cost - Variable Cost Now replace the values

Fixed Cost = $45,000 - 28,000

Fixed Cost = $ 17,000

The average fixed cost to produce 7,000 can openers was $17,000

6 0

3 years ago