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4 years ago

What is the basic business system that serves the operational level and assists in making structured decisions?

Business

1 answer:

11111nata11111 [884]4 years ago

3 0

Answer:

Operational level defines those strategies that help in implementing efficient systems, whereas structured decisions help to deal with recurring problems.

Explanation:

The basic business system that is successful towards serving operational level and assisting in making structured decisions aims to maximize the effectiveness of production and evaluate those concepts that may be helpful for making procedures in making decisions for the benefit of business. it determines and explains how the resources should be allocated for business.

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What is the significance of price elasticity of demand to a producer

Bumek [7]

Answer:

See the explanation below

Explanation:

Significance of price elasticity of producers:

useful in pricing decisions
when demand is elastic, firms have to reduce their price to earn more revenue
when demand is inelastic firms need to raise prices to earn more revenue

5 0

3 years ago

John walked 15 miles on Monday and 13 miles on tueday. How many miles did he walk on Tuesday?

statuscvo [17]

13, it says it in the question

5 0

3 years ago

Th process of gaining the resources and skill needed in managing consumer resources is known as

storchak [24]

Answer:

A.) Consumer Education

Explanation:

CRM is an acronym for customer relationship management and it typically involves the process of combining strategies, techniques, practices and technology so as to effectively and efficiently manage their customer data in order to improve and enhance customer satisfaction.

Simply stated, it's a strategic process which typically involves collecting customer information for the purpose of improving a customer's future experience.

Therefore, this employees are saddled with the responsibility of ensuring the customer are satisfied and happy with their service at all times.

In this context, consumer education is a strategic process which typically involves gaining the necessary resources and skills required to manage consumer resources in order to continue to provide satisfactory services to them.

5 0

3 years ago

Read 2 more answers

Department S had no work in process at the beginning of the period. It added 10,000 units of direct materials during the period

Minchanka [31]

Answer:

Department S

The total cost of units completed during the period were:______.

= $113,325

Explanation:

a) Data and Calculations:

Units started during the period = 10,000

Material cost of units started = $70,000

Units completed = 7,500 units

Units in ending WIP = 2,500 units

Equivalent units: Materials Conversion

Started and completed 7,500 7,500

Ending WIp 2,500 950 (2,500 * 38%)

Total equivalent units 10,000 8,450

Cost of production: Materials Conversion Total

Units started $70,000 $68,500 $138,500

Equivalent units 10,000 8,450

Cost per equivalent $7.00 $8.11

Cost of units completed:

Materials $52,500 (7,500 * $7)

Conversion 60,825 (7,500 * $8.11)

Total costs $113,325

8 0

3 years ago

Which of the following most accurately states the economic significance of exchange? a. Physical goods have value because they e

Annette [7]

Answer:

c. Exchange creates value by moving goods from parties who value them less to parties who value them more.

Explanation:

Exchange is described as the process of changing some goods for some other goods.

Exchange clearly provides you with the goods you value for, and in exchange for those goods you pay the goods you do not value.

This, results in adding value to the goods acquired by you, and adds value to the goods given by you for the person to whom it is exchanges.

As for example when a cloth is purchased by me for $100 then such adds the value to cloth and because it was worth less than $100 for the seller it has added value to the cloth.

6 0

4 years ago