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eduard
3 years ago
6

What is possession utility?

Business
1 answer:
katrin2010 [14]3 years ago
6 0

b.) The Value added to a product by transferring ownership to the customer.

is the answer

<u>Explanation:</u>

Possession utility explains and possibly contains the gratification that arises from owning a product or using a service. Buying and selling of anything include the change of ownership from one to another.  Possession utility is what lets customers asses what they purchased. Having versatile choices for payment is one way to make possession simple for customers. Other methods can be how the product is delivered, how quickly it is delivered. Possession utility gets down to knowing how people relish what they have and what they give others. Although possession utility is peculiar, it is also significant and usually results after some kind of legal exchange.

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Belinda has found a business opportunity she believes will be​ successful, but there are already a couple companies in that mark
Pavel [41]

Answer: Option D              

Explanation: Competitive advantage refers to situation when an organisation gets favorable advantage in the market over its competitors.

   In the given case, Belinda is trying to establish business in the industry which already has heavy competition. Therefore, if she wants to establish a customer base, she must need some competitive advantage so that she can operate with low profits initially.

Hence from the above we can conclude that the correct option is D.  

6 0
3 years ago
3. Which of the following is NOT a factor of production?
Tju [1.3M]

Answer:

Output.

Explanation:

because it is an effect of production but not a factor.

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What is wrong with Brainly? People (or maybe even bots) keep posting a link to download a file to get the description/answer. I
lukranit [14]

Answer:

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3 years ago
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How are bonds payable usually classified on the balance sheet?
earnstyle [38]

Bonds payable that are <u>long-term obligations</u> are typically recorded on the balance sheet.

<h3><u>How do long-term liabilities work?</u></h3>

Long-term liabilities are debts owed by a business that won't be paid off for at least a year. To give a clearer picture of a company's present liquidity and its capacity to meet its obligations as they come due, the current part of long-term debt is broken out separately from other debt.

Long-term liabilities are also referred to as noncurrent liabilities or long-term debt. The balance sheet's part that may include debentures, loans, deferred tax liabilities, and pension obligations is where long-term liabilities are stated following more immediate liabilities.

Liabilities that are greater than one year in duration or that are not due within the next 12 months are referred to as long-term liabilities. The time it takes a business to convert its inventory into cash is known as its operational cycle.

Learn more about long-term liabilities  with the help of the given link:

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7 0
2 years ago
Faiz would like to illustrate the commission savings delivered by a payment app compared with a credit card. He decides to use a
yulyashka [42]

Full question(find attached) :

Faiz would like to illustrate the commission savings delivered by a payment app compared with a credit card. He decides to use a company that has a monthly sales volume of $50,000 delivered over 100 equal transactions.

From the information available, what is the difference between the payment app with the lowest charge, compared with a credit card charge?

A) $575

B) $1200

C) $1050

D) $480

E) $1237

Answer and Explanation:

Credit card processing firms charge an average of 3.5% and a flat fee of about 20 cents so we would make our comparison on this basis:

Since Faiz decides to use a company that has a monthly sales volume of $50,000 delivered over 100 equal transactions

The customer would pay $50000/100= $500 per instalment

Given the information I'm the table from question Instant wallet charges 3.5% +$0.20 for transactions lower than $1500

= 0.035*$500+$0.20=17.5+0.20=$17.7

An average credit card processing firms would charge :

0.035*500+$0.35=17.5+0.35= $17.85

Therefore instant wallet is cheaper and would save a customer =$17.85-17.7= $0.15

8 0
3 years ago
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