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4 years ago

Which feature is a point of differentiation between products and services

Business

1 answer:

Ann [662]4 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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What is aggregate demand? You can gain or 100 points on this Place the following items in order of the magnitude of the effect o

kodGreya [7K]

Answer:

Aggregate demand refers to the demand for the Gross Domestic Product in a country. In other words, it is the demand for the final goods and services produced in a country within a period.

Order of effect on Aggregate Demand.

1. Development of computer-based technologies from the 1940s to now.

This will have the greatest effect on Aggregate Demand (AD) because it will lead to an increase in the long term capacity of the economy to produce goods and services thereby increasing the demand for those same goods and services.

2. State governments in the 2010s cut their budgets for teachers, infrastructure, police, and other government expenditures.

This will contribute less to AD than the one above but the effect will still be significant because government spending is a significant component of AD so reducing it will reduce AD.

3. Prices of tech stocks increase in the late 1990s as a result of a speculative bubble.

Prices of tech stocks rising will lead to more people buying these stocks thereby increasing the investment portion of AD and having a significant effect on its increase.

4. People notice prices rising and an associated decrease in purchasing power.

If people notice a decrease in purchasing power, they will begin to buy less goods and services as they cannot afford as much. This will reduce Consumption in the AD curve but will not significantly impact AD as the ones above.

5. A trade war with China in the late 2010s leads to a decrease in trade.

A trade war with China will affect the Net exports side of the AD but there will be other countries to trade with and goods will still be purchased from and sold to China in some quantity so the AD will be least affected here.

5 0

3 years ago

• what are the four characteristics of capital acquisition and repayment cycle that significantly influence the audit?

gavmur [86]

There are four chararacteristics, which are:

1. Relatively few transactions affect the account balances, but each transaction is often highly material

2. The exclusion or misstatement of a single transaction can be material

3. A legal relationship exists between the client entity and the holder of the stock, bond, or similar ownership document

4. A direct relationship exists between the interest and dividends accounts and debt and equity

3 0

3 years ago

A new strip mall is being considered and the developers want to determine how many parking spaces there should be. It is assumed

Dafna11 [192]

Answer:

The responses to the given question can be defined as follows:

Explanation:

For point a:

Car arrival time $= \frac{15}{hour}$

Each car arrives at an interval of time of $\frac{60}{15} = 4\ minutes$

process time $=0.5 \ hour$

The number of vehicles moving in an hour equals 2 per hour.

As $\frac{15}{2}$ is greater than 1. The device will not work, resulting in such a revenue loss.

Within 44 minutes, a parking lot would be completely full, with only 1 person being serviced, and then the next empty slot would be completed 64 minutes later.

The system's production capacity is 8.5 per hour [a person entering at 0 will exit at 30]. The person that comes in at 4 will leave at 34. Roughly 50 customers would be supported for an hour.

For point b:

The number of customers would be $= 8.5 \times 12 = 102$ for a 12-hour time frame.

Total cost= $12\times 150 = \$1800$

The total number of customers to be served at an expense of $2500= \frac{2500}{150} = 18$ customers.

5 0

3 years ago

When Desi was determining which option works best to encourage employee participation when planning important changes, he learne

mylen [45]

Answer:

D) Shared power

Explanation:

Power sharing refers to a situation where a team leader will allow the team members to have decision power and influence within the group. It is a system that distributes power among all members of the team in order to encourage greater participation in the decision making processes.

In this case, Desi considers that sharing power with his staff will encourage them to participate more in the planning process. When an employee feels that his participation is valued, he/she will not be afraid or indifferent to do so.

3 0

4 years ago

Cortez Company is planning to introduce a new product that will sell for $108 a unit. The following manufacturing cost estimates

Svet_ta [14]

Question: What percentage of the variation in overhead costs is explained by the independent variable

Answer: 82.8%

Explanation:

$R^{2}$ = 0.848 (84.8%), the explanation of variation in Y from the X regress

Question: What is the total overhead cost for an estimated activity level of 60,000 direct labor-hours

Answer: $410,000

Explanation:

The equation resulting from this regression analysis is:

Total overhead = Estimated fixed cost + Estimated variable cost per labor hour x Labor hours

= Intercept estimate + Coefficient estimate on independent variable x 60,000 DLH

= 110000 + 5 x 60000 DLH

= 110000 + 300000

= 410000

5 0

3 years ago

Read 2 more answers