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Mazyrski [523]
3 years ago
8

A firm that offers tailor-made suits to its customers is appealing to the ____________ dimension of the customers’ utility funct

ion.
Business
1 answer:
alexandr1967 [171]3 years ago
6 0

Answer:

Fit dimension

Explanation:

Utility function is the function which is vital that measures the preferences over a set of the services or goods. Utility states the consumer or the customer satisfaction, receiving the consuming and choosing the service or product.

Consumer utility function is the function which states the satisfaction or contentment of the customer. So, if the firm or the company who is offering the tailor made ( which means as per the requirement of the customer), to the customer that appeals the fit dimension of the utility function of the customer as it captures how well the service or the product matches the characteristics of the given customer.

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If a bakery hires on person to bake cookies and another to bake cakes,the bakery is applying the concept of specialization.
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Yes, the bakery is applying the concept of specialization 
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2 years ago
Angela believes that Beamer Corporation’s stock will drop in value. She borrows 150 shares from a brokerage firm when the stock
belka [17]

Given:

Total number of shares = 150

Selling price = $42

Purchase price = $27

Find:

Angela’s profit on investment = ?

Computation of Angela’s profit on investment:

Angela’s profit on investment = Total sales value - Total purchase value

Angela’s profit on investment = (150 x $42) - (150 x $27)

Angela’s profit on investment = $6,300 - $4,050

Angela’s profit on investment = $2,250

Therefore, Angela’s profit on the selling of investment is $2,250.

3 0
3 years ago
Positive Messages and the Writing Process
vlada-n [284]

Answer: Refer to Explanation

Explanation:

1. a. Sales pitches, requests for favors - Persuasive.

When writing a Sales Pitch or Request for Favors Message, one must try to convince the intended receiver to buy the good being sold or to be willing to grant the favor requested. For this reason, the tone has to be persuasive.

b. Replies, goodwill messages, direct claims - Positive

These types of messages have to have a positive tone because they should come across in a friendly way so that the receiver may accept it as such.

c. Bad news, refusals - Negative

These are negative messages and as such should have a negative and indirect tone so that the receiver may understand the gravity of the message.

2. a. Make a list of points to cover.

d. Collect information.

e. Compose the first draft

The 3-x-3 writing process is a method of writing used to encourage a good writing flow.

It is divided into 3 stages being, <em>Prewriting, Writing</em> and <em>Revising</em>.

During Prewriting, one must determine why the are writing as well as who the message is intended for. Gilberto has done this already so the next step is the Writing stage.

The Writing stage includes, Making a list of points to cover so that the writing may be orderly and have the relevant information. It also includes researching where you collect information for the message to be written. And then finally composing the first draft which can then be scrutinized in the next stage.

3. Messages delivered through business letters are less likely to reach <u>unintended recipients </u>than messages delivered through <u>e-mail</u>.

Thus, business letters are more <u>confidential</u>.

Messages through Business letters have the intended recipients stated and usually get to the intended recipient as a result. Emails can sometimes be mixed up.

That fact means that business letters can carry more sensitive information and as such are more confidential.

6 0
3 years ago
Case Study: Melanie’s Breakeven Analysis Melanie is considering opening a not-for-profit child care and education center and wan
aliina [53]

Answer:

$800

Explanation:

Calculation for how much would she need to charge per month for tuition in order to break even

Using this formula

Amount to charge to break even=[(Monthly Fixed Costs+Salary and Benefits Costs+Estimated Food Costs)÷Number of Children Served]

Let plug in the formula

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Amount to charge to break even=$12,000/15

Amount to charge to break even=$800 per month

Therefore the amount she would need to charge per month for tuition in order to break even will be $800

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3 years ago
Red Bison Petroleum Producers Group is expected to generate $140,000,000 in net income over the next year. Red Bison Petroleum P
pashok25 [27]

Answer:

Detailed solution is given below:

6 0
3 years ago
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