1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Shkiper50 [21]
3 years ago
12

It is really necessary for service firms to engage in research and development? in planning for production and operations contro

l?
Business
1 answer:
Setler [38]3 years ago
6 0

Yes just because they are a service firm does not mean they should slack in the area. This area is directed toward innovation, introduction, and improvements of products. There are many things that can be learned through this area regardless if people think they know everything in their field. There are still lot of things to learn like product research and development. It goes hand in hand with market research and development. Considerable connection is required between these two areas, and procedures need to be standardized. Setting up a production process or a new line can involve considerable cost, and careful work in the early stages will help to ensure that profits are made. Product researchers use marketing data to help them to develop products or services and choose suitable designs.

You might be interested in
Which companies entry into the Chinese market resulted in their brand being translated as 'bite the wax tadpole
dlinn [17]
Coca Cola? I might be wrong but I'm pretty sure
3 0
3 years ago
Problem 12-04A The income statement of Kingbird, Inc. is presented here. Kingbird, Inc. Income Statement For the Year Ended Nove
barxatty [35]

Answer:

Cash Flow From Operating Activities

Cash Receipt from Customers                       $7,260,000

Cash Paid to Suppliers and Employees       ($6,294,700)

Cash Provided by Operating Activities            $965,300

Explanation:

Step 1 : Cash Paid to Suppliers and Employees Calculation

Cost of goods sold                                         $4,987,300

Add Operating expenses                                $1,120,500

Total                                                                 $6,107,800

Adjustments :

Depreciation expense                                        $95,300

Decrease in Inventory                                     ($536,700)

Increase in Prepaid Expenses                          $179,800

Decrease in Accounts Payable                        $345,700

Decrease in Accrued Expense Payable          $105,800

Cash Paid to Suppliers and Employees       $6,294,700

Step 2 : Cash Receipt from Customers Calculation

Sales revenue                                                $7,465,900

Less Increase in Accounts receivable          ($205,900)

Cash Receipt from Customers                      $7,260,000

4 0
3 years ago
In a firm's external environment, _____ primarily capture population characteristics related to age, gender, family size, ethnic
Tpy6a [65]

Answer:

demographic trends

Explanation:

Demographic trends cover statistics such as age, gender, religion and socioeconomic class.

I hope my answer helps you

4 0
3 years ago
Just prior to completing the adjusted trial balance, Paula prepared the __________ section. After she finishes the adjusted tria
iVinArrow [24]

Answer:

Just prior to completing the adjusted trial balance, Paula prepared the <em><u>Adjusting entries </u></em>section. After she finishes the adjusted trial balance, she will complete the <em><u>financial statement </u></em>section of the worksheet.

Explanation:

Starting from the two first column of the unadjusted trial balance The accountant will prepare and complete the adjusting entries section. After that, the combination of the unadjusted TB and the adjusting entries will give the adjusted trial balance.  After that, the account balance is distributed according to the financial statement --> Balance sheet and income statement.

3 0
2 years ago
Gross domestic product does not include the value of the stocks and bonds bought and sold because these sales and purchases are
Igoryamba

Answer and Explanation:

Gross domestic product does not include the value of the stocks and bonds bought and sold because these sales and purchases are not economic

Investment and should be counted as production of final goods and services.

Gross domestic product (GDP) is the total amount of goods and services produced and consumed within the country

6 0
3 years ago
Other questions:
  • What is the purpose of NCUA Lending Regulations? A. to educate consumers on their rights for fair credit reporting B. to educate
    8·2 answers
  • Compared to advertising, publicity offers the advantage of greater:
    8·2 answers
  • What would happen to the buying power of your investment after one year if your rate of return was 8% and the rate of inflation
    13·1 answer
  • Following is a recent BusinessSoftware Corp. press release: REDMOND, Wash.—March 16, 2016 — BusinessSoftware Corp. today announc
    8·1 answer
  • A firm in monopolistic competition tends to have more control over price when it is Group of answer choices more successful at d
    5·1 answer
  • Information management is the ________ of a company. Information management is concerned with the collection, preservation, stor
    10·1 answer
  • If Congress increased the tax rate on interest income, investment a. and saving would increase. b. would increase and saving wou
    13·1 answer
  • Gail dies intestate leaving two (2) children, Benjamin and Christopher. Her daughter Anna died two (2) years earlier. Anna had t
    6·1 answer
  • Gottschalk Company sponsors a defined benefit plan for its 100 employees. On January 1, 2020, the company's actuary provided the
    15·1 answer
  • A likely outcome from taxing the rich at a high percentage in order to ________ income, would be discouraged entrepreneurship an
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!