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3 years ago

Which feature is a point of differentiation between products and services

Business

1 answer:

Ann [662]3 years ago

4 0

Answer:

Products are tangible, offered by the companies to the customers in exchange for money.

Services are the intangible economic product that is provided by a person on the other person’s demand. It is an activity carried out for someone else.

Explanation:

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Jaden has a degree is marketing. She would like to run her department. She is going back to school to get a degree in:

Masteriza [31]

Answer:

Business Management

Explanation:

With Her <em>Marketing Degree</em> she is able to sell and get the right Customers paying the right price. To run her department she needs knowledge of business operations in Human Resource, IT, Finance , Purchase and Supply and Accounting. The <em>Business Management</em> degree provides these disciplines as minimal.

4 0

3 years ago

The average ticket price for a concert at the opera house was $50. The average attendance was 2500. When the ticket price was r

Ber [7]

Answer:

The price per ticket should be $37.5

Explanation:

First we need to determine the change in demand (attendance) as a result of every $1 increase in the price of ticket.

The ticket price increased by $4 (from 50 to 54) and the demand fell by 400 (from 2500 to 2100). The change per dollar is, 400 / 4 = 100.

So, for every $1 increase in price, demand falls by 100.

The revenue is calculated by multiplying price by quantity demanded. Revenue equation will be,

Let x be the change in price from $50.

Revenue = (50 + x) * (2500 - 100x)

Revenue = 125000 - 5000x + 2500x - 100x²

Revenue = 125000 - 2500x - 100x²

To calculate the price that maximizes the revenue, we need to take the derivative of this equation.

d/dx = 0 - 1 * 2500x° - 2 * 100x

0 = -2500 - 200x

2500 = -200x

2500 / -200 = x

-12.5 = x

Price should be 50 - 12.5 = 37.5

At price $37.5 the revenue of the Opera House is maximized.

6 0

3 years ago

In June, an investor purchased 200 shares of Oracle (an information technology company) stock at $37 per share. In August, she p

Iteru [2.4K]

Answer:

the weighted mean price per share is $38.76

Explanation:

The computation of the weighted mean price per share is given below:

= (200 shares × $37 per share + 270 shares × $36 per share + 490 shares × $41 per share) ÷ (200 shares + 270 shares + 490 shares)

= ($7,400 + $9,720 + $20,090) ÷ (960 shares)

= $37,210 ÷ 960 shares

= $38.76

Hence, the weighted mean price per share is $38.76

4 0

3 years ago

Read 2 more answers

What do you think of when you hear the words “product development”?

jasenka [17]

Answer: Product development is the complete process of delivering a new product or improving an existing one for customers. The customers can be external or internal within a company.The objective is to ensure that the new or enhanced product satisfies a real customer needs

Explanation:

7 0

2 years ago

Establishing international treaties that ban the transfer of potentially harmful species from one country to another is a good w

Anna35 [415]

Establishing international treaties .............................. is a good way to control INTRODUCTION OF INVASIVE SPECIES.
Invasive species are those animal species which are removed from a different ecosystem and are brought to a new ecosystem, where they cause damages to other species which originally inhabit the ecosystem. Invasive species can wipe out the native species thus disrupting the ecosystem.

6 0

3 years ago