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nikitadnepr [17]
3 years ago
15

According to Thorstein Veblen, a successful businessman would be most likely to demonstrate his worth to others by:_______. a. a

nonymously giving financial support to worthwhile charitable organizations. b. avoiding vulgar displays of wealth such as mansions and expensive cars. c. purchasing tasteful pieces of art and enjoying them only in private. d. buying expensive jewels for his trophy wife and showing her off at parties.
Business
1 answer:
nata0808 [166]3 years ago
7 0

Answer:

The correct answer is D

Explanation:

Worth is the word which is described as the value of the business or the net worth which is assets minus liabilities.

In accordance with the Veblen, the concept or the idea of the conspicuous consumption is developed or created. It is believing that the rich person or people are very concerned in showing off their wealth in order to prove their success in from of others.

So, Veblen would likely demonstrate their worth by purchasing the expensive jewels for his wife and then showing off the jewels at the parties.

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The positioning strategy of using cost leadership or differentiation to produce a specialized product or service for a limited,
iren [92.7K]

Answer:

focus strategy

Explanation:

Focus strategy is a business strategy  where a business concern stratify or segment a large market so as to concentrate on that small part, Market segmentation allows the business focus its marketing effort on the choosing segment for best customer experience. Focus strategy can help the business be a market leader in the choosing segment.

8 0
2 years ago
What are the three roles of the government within the economic flow.
Tom [10]
Three really important roles are allocation function, distribution function, stabilization function 

hope this helps:) have a good day and maybe think about brainliest
8 0
2 years ago
Greer Company developed the following data for the current year:
bixtya [17]

Answer:

option (C) is correct.

Explanation:

Given that,

Beginning work in process inventory: $102,000

Direct materials used: 156,000

Actual overhead: 132,000

Overhead applied: 138,000

Cost of goods manufactured: 675,000

Total manufacturing costs: 642,000

Company's direct labor cost for the year:

= Total manufacturing costs - Overhead cost - Direct materials cost

= Total manufacturing costs - Overhead applied - Direct materials used

= $642,000 - $138,000 - $156,000

= $348,000

5 0
2 years ago
5. The time required and costs involved in an external audit are much higher as compared to internal audits.​
harina [27]

Answer:

True

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is this a question??

3 0
2 years ago
A disadvantage of vertical integration is that by pooling demand for parts from a number of companies, a supplier may be able to
Aleonysh [2.5K]

The statement,"A disadvantage of vertical integration is that by pooling demand for parts from a number of companies, a supplier may be able to enjoy economies of scale that result in higher quality and lower cost than if every company makes its own parts" is True .

<u>Explanation: </u>

The drawback to vertical integration is that a producer can have economies of scale, and incorporate demand for components from certain companies and therefore improve quality and cost in contrast with the production of their own products by each company.

Market power is a framework in which an organization manages the microeconomics and administration supply chain. In general, a supply chain leader creates another goods or services and the products satisfy a certain criteria.

A retailer such as Wal-Mart, which has its own products, is an example of vertical integration. This owns the inventory, manages the distribution and is the seller. Because it splits the guy in between, the company will deliver a much lower price, such as the brand name drug.

8 0
3 years ago
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