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maksim [4K]
3 years ago
9

An example of technological change is A. a firm rearranging the layout of a retail store to increase sales. B. a firm installing

faster or more reliable machinery or equipment. C. a hurricane damaging firm facilities. D. both a and b E. all of the above.
Business
2 answers:
hjlf3 years ago
8 0

Answer: E. all of the above.

Explanation: The examples listed in the options can all be seen as technological changes. A technological change is when a firm or organization is able to produce the same number of output using fewer inputs. It is the increase in the efficiency of a product or process that brings about an increase in output, without an increase in input. Rearranging the store's layout to improve sales is an increase in output; installation of faster or more reliable machinery or equipment would also increase output; a hurricane damaging firm facilities translates to the firm producing at normal capacity with fewer inputs (technological changes can also be negative). As such, the all of the above option is correct.

Alexxx [7]3 years ago
7 0

Answer:

B. a firm installing faster or more reliable machinery or equipment.

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A company's mission statement does NOT:_____.
kondor19780726 [428]

Answer:d) give the company its own identity. explain "where we are headed.

Explanation: A company's mission statement is a statement that specifically highlights the following

(1) The needs of the customer which the company plans to fulfill.

(2) Highlight the company's products and services which are rendered.

(3) It should also identify the Customer or market it is trying to reach.

This is what a good mission statement should be, The mission statement is different from the vision statement which tends to highlight where the company is heading to in the future.

5 0
3 years ago
You are attending college in the fall and you need to purchase a computer. You must finance the purchase because your parents wi
rodikova [14]

The correct answer is installment credit. The explanation is below.

Installment credit allows you to purchase an item and then pay for it in installments. The reason that this would be the best option for you is that you do not have the money now to make the purchase, but you are able to make smaller monthly payments in order to purchase a computer.

Installment credit is better than revolving credit for new borrowers. Revolving credit would allow you to charge additional purchases on your revolving credit account. The installment plan only finances one item, rather than like a credit card, which is how revolving credit works. You would not choose non-installment credit because this would require you to make this payment all at once in a short period of time. It would not allow you to spread the payments out over time.

3 0
3 years ago
Corey is the city sales manager for RIBS, a national fast food franchise. Every working day, Corey drives his car as follows: Mi
Inessa [10]

Answer:

b.46 miles

Explanation:

Calculation to determine Corey's reimburseable mileage

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Therefore As a result, Corey's reimburseable mileage is 46 miles

8 0
3 years ago
The u.s. federal government offers homeowners a tax deduction for their home loan interest payments. this reduction in taxes ser
stepan [7]
<span>This reduction in taxes serves as a "direct"  incentive to buy a house.


</span>There are direct incentives and indirect incentives, the difference between them are;Direct incentives are generally simple to perceive/aftereffect of an activity – Firm brings down the gas cost to pull in more clients and Indirect incentives are the hidden outcome of the move made – Pollution is a result of the expanded amount requested.
4 0
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ki77a [65]

Answer:

Earning $700,000 next year playing for a European professional football team

Explanation:

Opportunity cost is the sacrificed option in decision making. The value of opportunity cost is expressed as the forfeited benefits from the next best alternative. Opportunity cost arises due to scarcity of resources, including time and finances.

The student-athlete cannot be in school and engage in play in a professional league in the same year. The student has to pick one option as he or she cannot be in two places at the same time. The forfeited option is the opportunity cost. In the case of many options, the forgone option with the highest value is the opportunity cost. For this student-athlete, $700,000 missed for not playing for a European professional football team is the opportunity cost. It represents the next best alternative from the option chosen.

5 0
3 years ago
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