Answer:
a. Define the basic business functions that you need the software to be able to perform.
Explanation:
The main function of a business needs to be determined so that business strategy can be formulated. The office manager has made an agreement to spend up to $1000 on the new software. It is now required to determine the basic functions which are needed in the new software for business functioning.
Answer:
b. False
Explanation:
It is the opposite, when several systems operate in parallel, total system capacity is the lowest value of the individual system capacities.
For e.g., sectors A, B and C operate in parallel. Sector A can handle 100 units per hour, sector B can handle 150 units per hour and sector C can handle 75 units per hour. The system's capacity is 75 units per hour. If you want to operate at 100 units per hour, a queue will in sector C.
Answer: Elasticity of luxury weekend hotel packages in las vegas is -1.432.
Explanation:
Price elasticity of demand measures the responsiveness of quantity demanded to a change in the price of the good.
Mid point method-
Elasticity of luxury weekend hotel packages in las vegas is -1.432.
Answer:
Exclusive distribution
Explanation:
Exclusive distribution is defined as an agreement between a producer and retailer that gives the exclusive right to a retailer to distribute the products of a supplier within a given geographical location. Only one distributor is used by the supplier within a given area.
In the secanrio given Giant Beanstalk a company that processes and cans vegetables, recieves raw materials from over 80 companies. It only gives distribution rights to Greenleaf a grocery chain with 38 stores in the country.
The business life cycle corresponds to the stages that a business goes through throughout its existence in the market, which are existence, survival of the fittest, success, take-off and maturity. The correct sequence for this question is C B D A E.
<h3>Maturity</h3>
The business is separate from the owner with responsibilities delegated to staff. A business in this stage usually commands a considerable share of the market and may even be a household name.
<h3>Takeoff</h3>
Expansion strategies are implemented, and investment is balanced with potential.
<h3>Existence</h3>
The business introduces itself to the market and attempts to catch the attention of potential customers.
<h3>Success</h3>
Company is stable and profitable.
<h3>Survival of the Fittest</h3>
Focus shifts to revenue, expenses, and growth. Cashflow is the major issue.
Therefore, the business life cycle will help management to manage its resources according to the business phase and make more effective decisions for competitiveness and organizational positioning.
The correct answer is:
C. Maturity
B. Takeoff
D. Existence
A. Success
E. Survival of the Fittest
Find out more information about business life cycle here:
brainly.com/question/25754149
