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vladimir1956 [14]
4 years ago
13

Company ABC makes kitchen appliances that have many features in great demand by professional chefs whose only interest is in the

foods they can produce. Based on its customers, ABC should try to dominate the market in a. delivery area. b. quantity. c. price. d. quality.
Business
1 answer:
weeeeeb [17]4 years ago
6 0

Answer:

d. quality.

Explanation:

-Delivery area refers to the places in which the appliances can be delivered.

-Quantity refers to the amount of appliances that the company can produce and sell.

-Price refers to the amount of money that customers would pay for the appliances.

-Quality refers to the degree in which the appliances can meet the customer's requirements.

According to this, the answer is that based on its customers, ABC should try to dominate the market in quality because its products meet the expectations of professional chefs and that should be market to focus on as the company can have an important advantage by providing exactly what they need.

The other options are not right because professional chefs are interested on what they can do with this appliances and not on price, quantity or delievery area.

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In a planned economy, prices of commodities are controlled by _________.
GalinKa [24]

The correct answer is C. The government

Explanation:

The key feature of a planned economy is the strong influence and control of government in the economy. Indeed, in a planned economy it is the government the entity that decides on trade and production, this includes the prices of goods and the types of products that should be manufactured. Moreover, this does not occur in market economies because in these customers, produces and the law of supply/demand determine factors of the economy. According to this, in a planned economy prices are controlled by government.

4 0
3 years ago
All of the following are true regarding variance investigation except: a.every variance is investigated. b.managers must conside
MariettaO [177]

Answer:

The option that is not true about variance investigation is A) every variance is investigated.

Explanation:

Every business projection and forecast is made based on speculation. These estimates in theory vary with what is obtainable in practice. Therefore, variance is inevitable.

It is not every variance that is investigated. Variances are not investigated unless they are large enough to be of concern and the investigation should be undertaken only if the anticipated benefits are greater than the expected costs.

Variance investigation models are concerned with decisions to investigate the cause of particular variances and in particular, to distinguish significant deviations from random fluctuations.

3 0
3 years ago
The types of decision making a consumer uses for a product does not necessarily remain constant. Why ?
oee [108]

Answer:

The decision making of a consumer goods does not change because the amount of a good consumer wants at a particular point in time is determined by some factors

Explanation:

The decision of a consumer does not remain constant, this is because, the quantity of a good consumer demand at a particular point in time is determined by several factor

Now, in the place where i am working in an MNC as a contract role. While my working period my consumption of goods increased as i was earning my own money and i did not have think more than once before purchasing any particular kind of goods

Now after that time ends, i have to collect money from my parents and now my thoughts and behavior towards consuming changed greatly.

5 0
4 years ago
Read 2 more answers
Saturn Industries purchased and consumed 64,000 gallons of direct material that was used in the production of 17,000 finished un
Nikitich [7]

Answer:

The actual price = $1.08

Explanation:

The standard material price can be worked out as follows:

<em>Step 1: Work out the standard price of material  using the material usage variance</em>

Standard price = Material usage variance/(standard quantity of material - actual quantity)

Standard quantity of material = standard qty per unit × actual production

                                              = 4 × 17,000 =68,000

Standard price =  2,800/(68,000-64,000)= $0.7

<em>Step 2 : Work out the Actual material price using the material price variance</em>

Material price variance = (Standard price - Actual price )× Actual quantity of material

6,400 =  (y - 0.7) ×  17,000

6400 = 17,000y  - 11,900

17,000 y = 6,400 + 11,900

y = 18,300/17,000= 1.08

The actual price = $1.08

5 0
3 years ago
Some people get more done than other people. Why might that be so?
andrew-mc [135]
More motivation. less things happening around them. wider attention span. i dont know anything about business, so i dont know if these were the answers you were looking for, but i hope i helped you. if i think of more ill comment them.
5 0
3 years ago
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