Answer:
B2B
Explanation:
B2B Business-to-Business retail is a process in which a business sells its product to other business rather selling it to general consumer or general public. In B2C Business sells products to direct consumer, B2S Business sells products to Solopreneur and S2B Science reasearchers sell their work to Business.
Answer: secondary data
Explanation:
The type of data above is refered to as a secondary data. Secondary data simply refers to the data that have already been gotten or collected from the past.
Unlike the primary data, which is collected by the individual, secondary data have already been done in the past. Since he first reviewed existing data on seasonal spending collected by the government, this is a secondary data
Answer:
For 8,500 units, proposal A provides a higher income ($3,000).
Explanation:
Giving the following information:
Proposal A:
Fixed cost= $50,000
Unitary cost= $12
Proposal B:
Fixed cost= $70,000
Unitary cost= $10
<u>We need to choose the proposal with the higher income if 8,500 units are produced.</u>
Proposal A:
Net income= 8,500*(20 - 12) - 50,000
Net income= $18,000
Proposal B:
Net income= 8,500*(20 - 10) - 70,000
Net income= $15,000
For 8,500 units, proposal A provides a higher income ($3,000).
Answer:
<u>Innovation theory of profit.</u>
Explanation:
The theory of profit innovation was defined by <em>Schumpter</em>, and corresponds to the economic profit that a company can achieve through the innovation of products and services offered.
The role of the entrepreneur is to offer successful innovations that will influence his performance in the market and consequently increase his profit.
Therefore, according to<em> Shumpeter</em>, innovation corresponds to any set of policies that will help an organization to reduce costs related to the production process or increase demand for products and services.
The answer is: limiting the types of goods and services produced
When a certain country decided to do a specialization, it will utilize most of their time and effort to one specific sectors. These sectors usually be chosen because that country had a certain competitive advantage over another country due to the resources that they possess.
For example, Malaysia is conducting a specialization in latex related products. They choose to do this because they possess the environment that is perfect for latex tree to grow. Currently, they are among the top three latex producers in the world.
