Answer:
b. Created brand marks and identities
Explanation:
Before industrialization, usual commodities (FMCG - fast moving consumer goods) were unmarked and not connected to a specific brand or image. Sugar was simply referred to as sugar for example, and the same applied to similar products.
Afterward, the notion of brand and brand identity emerged and products became differentiated by brand and company. People started to think and ask questions before buying: "Which brand of sugar should I buy?". The brand usually reflects the consumer's status, social position and preferences.
Answer:
The variable cost is the cost which increases or decreases with the level of output of a company. There is direct relationship between variable cost and output of a firm.
The fixed costs are the costs which remains the same with any level production.
A step cost refers to a cost which remains constant at a particular level and vary after that level.
A mixed cost is a combination of both variable and fixed cost. Such as electricity companies which charges a fixed amount as well as variable cost according to the units consumed.
Therefore, the list are as follows:
(a) Variable cost
(b) Fixed cost
(c) Variable cost
(d) Fixed cost
(e) Step cost
(f) Fixed cost
(g) Mixed cost
I think it'd be E. I hope that helps!
Typically representative of a combination of ideas that are integrated to create value is the correct option.
Frans Johansson believes that innovation may be accomplished by combining ideas from many fields and sectors. He emphasized the value of varied teams and how different viewpoints will aid in the creation of enhanced ideas.
The Medici effect refers to the belief that enhanced creativity and invention arise as a result of variety. Step-changes can occur when ideas and skilled individuals from many professions are brought together to cooperate. Frans Johansson's novel of the same name inspired the concept.
Therefore, the correct option is a.
To know more about ideas and invention click here:
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