Option (b) is the best choice. The part of value creation that Bryan's business is focused on is value.
<h3>What exactly does value creation entail?</h3>
Value creation is the process of transforming effort and resources into something that satisfies the needs of others. That includes things like people constructing something in a factory, farmers cultivating crops, and other intangible assets like computer code and original ideas.
<h3>What is the secret of value creation?</h3>
Without a grasp of the potential consumer and their business, value creation is impossible. Before engaging in prolonged conversation with a lead, salespeople should spend a significant amount of time investigating the lead.
Learn more about value creation: brainly.com/question/20741982
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Expert power is a function of the amount of knowledge one possesses relative to the rest of the members of a group.
Answer:
Minimum transfer price = $21
Explanation:
<em>Transfer price is the price at which goods are exchange between branches or divisions of the same group</em>
<em>Where a division is operating at the less than the existing capacity, to optimist the group profit, the minimum transfer price should be set as follows</em>
Minimum transfer price = Variable cost
Note that the fixed of $12 per unit (i.e 33-21) is irrelevant for this purpose, whether or not Hinges produces, it will be incurred either way.
It is worthy of note that there is no opportunity cost associated with any transfer to the Doors division because Hinges is currently having excess capacity.
Therefore, any offering price equal to or above the variable cost of $21 would be acceptable and optimize the group profit.
Hence, the minimum transfer price = $21
It can make them feel uncomforable and feel like you don't like them or make them feel a certain way that is not usually good
Market economy is the economic system which private businesses can operate freely with minimal state control
