Answer: b. The company did not define its business in terms of the benefits customers seek.
Explanation:
In order for a business to make money, it needs to provide its customers with what they want not what the company wants the customers to want.
In this scenario, people switched to shampoos that could be used by people of all ages instead of just small children because this is what they wanted but not what the company provided. If the company had defined its business in terms of what their customers wanted, they would have made an all age shampoo which would have been bought.
Answer:
a.They must be an integral part of the finished product and be a significant portion of the total product cost
Explanation:
The direct material is the material cost which is directly related to the process of the product at the time of manufacturing the product
It can be an integral part of the finished goods as finished goods are come from direct materials and the work in process cycles.
Moreover, it also included in the total product cost along with the direct labor cost and the manufacturing overhead cost
Answer:
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- <u><em>4.75% of the candidates takes more than two hours to learn the computer system.</em></u>
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Explanation:
The relevant information to solve the problem is:
- 1. <em>The time it takes to learn follows a Normal distribution </em>
- 2.<em> The mean is 90 minutes</em>
- 3. T<em>he standard deviation is 18 minutes</em>
- 4. <em>The question is What proportion of candidates takes more than two hours to learn the computer system?</em>
Then, you shall calculate the Z-score and use a standard distribution table to look up the Z-score and the corresponding probability.
Repeating myself from a recent answer, "there are two types of standard distribution tables: tables that show values that represent the AREA to the LEFT of the Z-score, and tables that show values that represent the AREA to the RIGHT of the Z-score".
<u>1. First, calculate the Z-score:</u>
<u>2. Use the table that represents the area to the right of the mean to find the ratio of typists that have a Z-score greater than 1.67.</u>
Therefore, 4.75% of the candidates takes more than two hours to learn the computer system.
Music and memories™ is best classified as a<u> "non-profit" </u>organization.
A non-profit organization (NPO) is one which isn't driven by benefit yet by commitment to a given reason that is the objective of all wage past what it takes to run the association.
Non-profit organizations are regularly utilized for trusts, cooperatives, backing, philanthropy, natural and religious gatherings.
Numerous however not all NPOs have paid staff in administration positions; all utilization volunteers. NPOs have no proprietors for surplus benefits to go to and any surplus subsequent to working costs are utilized to encourage its objectives as opposed to being conveyed between individuals or representatives of the organization.
