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IrinaK [193]
3 years ago
15

Companies that develop customized business software often work closely with their users when installing their products. this clo

se contact often creates new product ideas through
Business
1 answer:
7nadin3 [17]3 years ago
7 0
<span>This close contact often creates new product ideas through "customers input or listening to customers".

The significance of client or customer input increments with market originality of an item up to a point and after that drops off for new items, though the significance of customer input increments with technological newness of an item without dropping off. We likewise found that the significance of customer input essentially builds the utilization of client concentrated statistical surveying techniques; while, neither market nor innovative item novelty in themselves had much direct impact on explore strategies.
</span>
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Raw materials, human resources, energy, equipment, financial resources, and information are ________ for an organization.
Westkost [7]

Inputs are raw materials, human resources and energy required by an organization.

<h3>What is an input?</h3>

Inputs are any resources used to create goods and services. They are the resources used in completing a task and typically include time and efforts.

For a business to be able to manufacture goods and services, such must have what is called input because the input joined together will bring about final output.

Examples of inputs include:

  • Labor
  • Fuel
  • Materials
  • Buildings.

Therefore, Raw materials, human resources, energy, equipment, financial resources, and information are inputs for an organization.

Learn more about input here: brainly.com/question/120040

3 0
3 years ago
Almona Co. establishes a $140 petty cash fund on January 1. On January 8, the fund shows $31 in cash along with receipts for the
Harrizon [31]

Answer and Explanation:

The Journal entries are as follows:

On January 1

Petty cash    Dr. $140

       To cash                               $140

(Being the petty cash fund is recorded)

On January 8

Postage expense                Dr. $47

Merchandise inventory         Dr. $12

Delivery expense               Dr. $14

Miscellaneous expenses     Dr. $36

           To Cash                                                      $109

(Being the reimbursement of the petty cash fund is recorded)

On January 8

Petty cash     Dr. $450

             To cash                               $450

(being the increase in petty cash fund is recorded)

Only these three entries are recorded

5 0
4 years ago
In medisoft, what area of the transaction entry dialog box is used to enter a fee for a nsf, and what area is used to enter boun
Ronch [10]

In medisoft, the charge transaction area entry dialog box is used to enter a fee for a NSF, and what area is used to enter bounced check.

A financial transaction is an agreement or communication between a buyer and a seller to exchange goods, services, or assets for payment. All transactions involve changes in the financial status of two or more companies or individuals.

Transactions are business events that have a monetary impact on a company's financial statements and are recorded as entries in the books of accounts. An example of a transaction is paying a supplier for services rendered or goods delivered.

Based on cash transactions, there are three types of accounting transactions: cash transactions, non-cash transactions and credit transactions.

Learn more about transaction here:brainly.com/question/27074307

#SPJ4

3 0
2 years ago
Customer: An entity that describes a customer. An instance occurs for unique customers only using name, date of birth, and login
Tasya [4]

Answer:

1. The relationship between customer and Online - One to one

2. The relationship between customer and Satisfaction - One to many

3. The relationship between online and visits - Many to many

4. The relationship between Visits and satisfaction - Prototype

Explanation:

The relation ship with customer is often one to one. The customers are required to fill the satisfaction surveys which enable the business to understand their value in the eyes of its customers and try to improve their level of service to their customers. The customer satisfaction is important for any business as the satisfied customer may bring more customers.

5 0
3 years ago
A firm learns that the own price elasticity of a product it manufactures is 3.5. What would be the correct action for this firm
myrzilka [38]

Answer:

The correct option is B. Lower the price because demand for the good is elastic.

Explanation:

Own price elasticity of a product can be described as the degree of the responsiveness of the quantity demanded of a product to its own price.

Own price elasticity of a product can be calculated as the percentage change in the quantity demanded of a product over the percentage change in the price of the product.

When the own price elasticity of a product is greater than 1, it implies that the demand for the good is elastic and that the percentage change in the quantity demanded is higher than the percentage change in its price. Therefore, the correct action for a firm to take if it wishes to raise its total revenue is to lower price.

When the own price elasticity of a product is less than 1, it implies that the demand for the good is inelastic and that the percentage change in the quantity demanded is lower than the percentage change in its price. Therefore, the correct action for a firm to take if it wishes to raise its total revenue is to increase price.

When the own price elasticity of a product is equal to 1, it implies that the demand for the good is unitary and that the percentage change in the quantity demanded is equal to the percentage change in its price. Therefore, the correct action for a firm to take if it wishes to raise its total revenue is to leave the price unchanged.

Since the own price elasticity of the product which the firm manufactures of 3.5 is greater than, it implies that based on the explanation above the correct option is B. Lower the price because demand for the good is elastic.

4 0
3 years ago
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