Answer:
The correct answer is a. the range of variation.
Explanation:
The Range is the interval between the maximum value and the minimum value; Therefore, share units with the data. It allows to obtain an idea of the dispersion of the data, the greater the range, the more dispersed the data (without considering the affectation of the extreme values). The range is also called amplitude or travel.
Answer:
Market orientation
Explanation:
Market orientation is defined as a philosophy that focuses on identifying consumer needs and implementimg strategies to meet them. A company like Apple designs and produces goods that will satisfy consumer needs.
Market orientation consists of decision-making, market intelligence, culturally based behaviour, strategy, and customer orientation.
Apple conducts in-depth marketing research to determine what customers want. Its electronic devices are constantly upgraded so customers can purchase the newest models.
They are a company focused on market orientation.
Answer:
Option B Depreciation expense
Explanation:
The allocation of cost of the plant and equipment for the period being used is the concept of depreciation and is a period cost because when the asset is purchased its value decreases gradually with time which means some of the machinery value would be deminish during the year depending upon the technological factors, life of the equipment, etc. So the period cost will arise regardless of that we either use the asset or not which is the definition of period cost which in this case is depreciation cost and the allocation of cost of plant and equipment over its useful life is also depreciation cost.
Answer:
reduces the number of new products being worked on at any one time.
Explanation:
Product screening is the way innovative ideas, strategies, and marketing trends are evaluated to see how feasible they are for business to invest in.
Various criteria are used to check if the idea helps the business achieve its goals and objectives, it also confirms the viability of the idea in generating return on investment.
Product screening therefore reduces the number of product ideas being worked on at a given time.
Answer:
C. The speed with which general prices are rising
Explanation:
Inflation measures the rate at which the general prices of goods and services are increasing in an economy. During inflation, the purchasing power of a country's currency is eroded. Inflation means a selected basket of goods will cost more this period than it did in the previous season.
The consumer price index or CPI is the most acceptable index used in determining the rate of inflation. Inflation may result from high economic growth where firms and individuals have increased incomes resulting in too much money in circulation. A moderate level of inflation is required to promote spending and sustain favorable economic growth.