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JulijaS [17]
3 years ago
14

Max is in charge of production for a family-owned firm that makes and sells sports gloves including baseball gloves, softball gl

oves, golf gloves, and more. He has stated that speed of delivery is the most important factor for success in the competitive environment. Which of the following would be the best response to Max? A. You are right on target, Max. Time is money.B. You are the man, Max. As long as our price is competitive, speedy delivery will win in today's changing marketplace.C. Well Max, speed isn't everything. What would exceed our customers' expectations? Some consumers may put more importance on high quality and/or lower prices.D. Dude, you couldn't be more wrong. Quality is the name of the game. He who has the best product will win in the competitive environment
Business
1 answer:
Zina [86]3 years ago
7 0

Answer:

C. Well Max, speed isn't everything. What would exceed our customers' expectations? Some consumers may put more importance on high quality and/or lower prices.

Explanation:

As a consumer, it is not only the timely delivery, but a great quality deal with low price.

What if the goods are received really fast, but the quantity and quality do not satisfy the needs of the customers.

The quality, price and quantity are more important than the time, on an average the product shall be delivered on time, but if it delivered before the expected time, it is an add on.

But the timely delivery is not the sole consideration to be focused for gaining competitive advantage.

Therefore, Statement C is correct.

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Assume you sell short 100 shares of common stock at $50 per share, with an initial margin at 50%. The stock paid no dividends du
son4ous [18]

Answer:

40%

Explanation:

Initial amount invested  = $50 × 100 × 50% = $2,500

Profit from sale and repurchase = ($50 - $40) × 100 = $1,000

Rate of return = $1,000 ÷ $2,500 = 0.40, or 40%.

Therefor, the rate of return would be 40%.

4 0
3 years ago
Assume that the demand curve for a certain good is a vertical line. This vertical demand curve illustrates the idea that:
ladessa [460]

Answer:

e.people will not change the quantity of the good when the price of the good is changed.

Explanation:

When the demand curve for a good is vertical, it indicates that the demand for the good is perfectly inelastic ; a change in price has no effect on the quantity demanded.

Goods with perfect inelasticity usually have no or little close subsituites.

I hope my answer helps you

6 0
3 years ago
T/F: The theory of purchasing-power parity states that a unit of a country's currency should be able to buy the same quantity of
balandron [24]

Answer: The statement is  <u>TRUE.</u>

Explanation: The theory of purchasing-power parity is an economic theory that tries to calculate the exchange rate between the currencies of two countries necessary so that the same basket of goods and services can be purchased in the currency of each one, that is, so that the purchasing power (or purchasing power) ) of both currencies is equivalent.

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3 years ago
The cost of borrowing money is called _____.<br> risk<br> deposit<br> interest
GaryK [48]
<span>The cost of borrowing money is called the interest. Interest is what you pay to the loan company or lender when you borrow money from them. The interest is what they are charging when they give you money for a purchase now while you pay them back overtime. </span>
8 0
3 years ago
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Before opening his own business, Tanaka was writing a
Len [333]

This document is known as Business plan. A business plan stands as a formal written document including the objectives of a business, the strategies for attaining those goals, and the time frame for the attainment of the goals.

<h3></h3><h3>What is business? </h3>

Business exists as the activity of creating one's living or earning money by producing or buying and selling products. It stands also for "any activity or enterprise joined into for profit.".

A business exists described as an organization or enterprising entity encountered in commercial, industrial, or professional activities. Businesses can be for-profit entities or non-profit organizations. Business classes range from limited liability businesses to sole proprietorships, corporations, and partnerships.

A business plan stands as a formal written document including the objectives of a business, the strategies for attaining those goals, and the time frame for the attainment of the goals. Good business plans should contain an executive resume and sections on products and services, marketing strategy and research, financial planning, and a budget.

A business plan stands as a very significant and strategic tool for entrepreneurs. A good business plan not only allows entrepreneurs to focus on the specific actions essential for them to create business concepts succeed, but it also enables them to achieve short-term and long-term purposes.

To learn more about Business refer to:

brainly.com/question/18307610

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2 years ago
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