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disa [49]
4 years ago
11

Under market organization, individuals can communicate their preferences to other decision makers directly, through communicatio

n, but not indirectly, through their choice of whom to transact with.
1. True
2. False
Business
1 answer:
frez [133]4 years ago
3 0

Answer:

2. False

Explanation:

Market organization refers to the ways goods and services are bought and sold in the market.

Under market organization, individuals can communicate their buying decisions and their preferences and tastes directly to their peers and known ones which eventually affects the latter's decision making. This is a direct way of communication.

Similarly, another form of communication would be indirect wherein an individual conveys his/her choice of with whom they want to transact with rather than their preferences. Here the communication is indirect and this is a realistic possibility.

Hence the given statement is false.

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The part of the market that a specific product is focusing on is called a(n) _
inessss [21]

Answer The part of the market that a specific product is focusing on is called a target.

Explanation: Target marketing involves breaking a market into segments and then focusing on your marketing efforts on one. Only a certain portion of the population will actually be interested in your specific product. That is your target market.

\textit{\textbf{Spymore}}​

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4 years ago
A very plain-looking résumé designed to be delivered via e-mail or an online e-form is a _______.
bulgar [2K]

I believe the answer is: c. electronic resume

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4 years ago
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The zero-based budget is the best method of budgeting because:
Troyanec [42]

Answer:

The zero-based budget ensures that every dollar you make is assigned a specific purpose

Explanation:

Zero-based budge: It is also known as "zero-sum budget".

It refers to the process of creating a budget from nothing without using the previous year’s budget. It enables a firm allocate all its resources to expenses and debt payment.

Zero based budget ensures that every income made is allocated to a particular purpose without a remainder. The major goal of zero based budget is to ensure that revenue (income) less expenditure (spendings) is equal to zero.

That is, in zero based budgeting,

Income - expenditure= zero (0).

In other words,

income= expenses

5 0
3 years ago
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One of Sanjay's work responsibilities is to check inspection stations periodically to monitor the quality of the products throug
Nikitich [7]

Answer:

This is an example of quality control

Explanation:

A production process usually involves the action of a variety of things that all perform specific functions towards a common goal, usually the production of a finished good or service. This therefor means that a type of management is needed to ensure that all these aspects are handled in such away that the set organizational needs are met. This can be broadly defined as management control. Management control involves the control and operation aspects of a production process to ensure that the organizational goals are met.

One aspect of management control that is very important in the production environment is quality control. Quality control involves the inspection of the production process and the products to determine the quality. The quality of the process and the products is usually measured against set organizational and production standards. This therefor means that if the process or the production quality falls below the standard, then the quality of the product can be said to be low while if the quality meet or surpass the standards then the quality is high.

Quality control helps companies identify areas that need to be improved, thus raising overall product value.

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3 years ago
Why are economic systems needed? Respond to the question below with a minimum of 5 sentences.
harina [27]

Answer:

Explanation:Since economic resources are scarce, they must be used efficiently. We want to produce as much goods and services as we can, and in the process, produce the goods and services needed the most.  There are five functions an economic system performs in producing goods and services for consumption.

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