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Firlakuza [10]
3 years ago
8

__________ is the value or want-satisfying ability that is added to products by organizations that make the product more useful

or accessible to consumers. Utility Functionality User friendliness Applicability
Business
1 answer:
Ipatiy [6.2K]3 years ago
8 0

Answer:

Utility

Explanation:

In economics satisfaction and pleasure is defined as a utility. When a person drinks water he/she gains utility that is a sense of satisfaction. The most important factor that increases or decreases the demand for a particular commodity is how much utility or satisfaction it provides to the end-user. Overall, the concept was first explained by Jeremy Bentham and John Stuart Mill.

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A company regularly purchases cleaning supplies from a vendor and orders relatively consistent amounts of the same products on e
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A business-level strategy is an integrated and coordinated set of commitments and actions designed to exploit core competencies
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Answer:

True

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3 0
3 years ago
Households and firms with savings lend money to banks and other financial institutions. The credit supply curve shows the relati
rosijanka [135]

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4 0
3 years ago
What is the average inventory of a business that turns over inventory 10.0 times a year and has a cost of goods sold of $300,000
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What is the average inventory of a business that turns over inventory 10.0 times a year and has a cost of goods sold of $300,000?

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Inventory is a collection of finished goods or items for manufacture held by a company for business purposes. The company could sell the inventory for profit. That means the products are finished and ready for selling as they are. Alternatively, the company could supply the goods to partner companies for further manufacturing. The products are then transformed or combined to become a different product. It depends on where the company is in the supply chain. Inventory is classed as a company asset. You note it as such on your balance sheet. The costs associated with buying, storing and selling inventory are tax-deductible expenses. The gross profit from the sale of inventory must be declared on your tax return as income. Making note of the expenses you incur from the inventory can lower your income tax amount.

Learn more about inventory here

brainly.com/question/14184995

#SPJ4

5 0
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