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3 years ago

Which are characteristics to consider when defining a service

Business

2 answers:

WINSTONCH [101]3 years ago

7 0

Answer:

Services are intangible activities

Services require payment

Explanation:

I just took the test now and got it right

rewona [7]3 years ago

4 0

The best answer to the question is (B) services are intangible activities.

Unlike products, services are intangible activities, which makes it difficult for potential customers to know whether a service would be good or not before purchase. It’s very easy for customers to feel like they can’t tell the quality of service prior to transaction – which is a challenge that a service provider would face and needs to manage.

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The interest rate on a 10-year corporate bond for a company with AA rating will be higher than for a 10-year bond for a company

Alex_Xolod [135]

Answer:

The interest rate on a 10-year corporate bond for a company with AA rating will be higher than for a 10-year bond for a company with a BBB- rating.

True

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4 years ago

Sammy's mom lost her job, but can still pay all the bills while looking for another one,

Fynjy0 [20]

Answer:

Savings account

Explanation:

Savings accounts can be used in emergencies.

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2 years ago

After a year of mentoring, andrew is starting his own bakery. he has listened to all of his mentor's advice, especially about de

Maslowich

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3 years ago

Read 2 more answers

In the Keynesian model, suppose the Fed wants to keep output unchanged. If the IS curve shifts to the left, and the Fed acts to

sergey [27]

Answer:

Have an expansionary monetary policy (shift LM curve to the right)

Explanation:

See the graph attached. If the IS curve shifts to the left, there will be a new IS curve- The IS'. If the Fed wants to keep the output level (Y) unchanged, then it has to shift the LM curve to the right, to LM', so that the Y point (output level) in which the IS matches the LM stays the same (Y*).

Shifting the LM curve to the right, it means to have an expansionary monetary policy, which means to expand the quantity of money in the economy. This is done, for example, by decreasing the discount rate or reducing the reserve ratio.

3 0

4 years ago

A product whose EOQ is 40 units experiences a decrease in ordering cost from $90 per order to $10 per order. The revised EOQ is:

ruslelena [56]

Answer: three times as large

Explanation:

Economic order quantity will be calculated as follows:

EOQ = ✓(2DS/H)

D = Demand in units

Here S = Ordering cost = $10

H = Holding cost

Since S = $10

Therefore, EOQ will be:

= ✓(2DS/H)

= ✓(2 × 10 × D/ H)

= ✓(20D/H)

Since we're to increase the order cost from $10 per order to $90 per order, then EOQ will be:

Since S = $90

Therefore, EOQ will be:

= ✓(2DS/H)

= ✓(2 × 90 × D/ H)

= ✓(180D/H)

3✓20DH

The revised EOQ will then be 3 times as large.

4 0

3 years ago