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Serga [27]
3 years ago
9

Mrs. Renfro's, Inc., is a company that sells 25 different relishes in 45 different states. Mrs. Renfro's chipotle corn salsa is

so popular that the company cannot make enough to keep its resellers stocked. Its price of $4.50 for a jar seems just right to consumers who savor its hot and spicy taste. The popularity of hot and spicy food is an example of a __________ that Mrs. Renfro's has taken advantage of to make its product a success.
Business
1 answer:
marusya05 [52]3 years ago
6 0

Answer:

Demand factor

Explanation:

Demand factor refers to a condition that determines the ability of a consumer and which influences his or her willingness to purchase a product.

The popularity of hot and spicy food is an example of a demand factor that Mrs. Renfro's has taken advantage of to make its product a success.

The demand for Mrs. Renfro's inc. Chipotle corn salsa is high that it couldn't meet the demand. Mrs. Renfro has taken advantage of the Popularity of the product because of how and spicy taste which makes consumers prefer it to other products.

The preference of the product to other products has made the demand for it increase over time.

Demand of a commodity can be defined as the total quantity of the commodity acquired by a consumer over time.

Demand factor is the ratio of the maximum quantity demanded during a period to the total supply of the product.

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Circuit Pro, a manufacturer of electrical circuits, wants to decrease the per-unit cost of making its products. Which incentive
sweet-ann [11.9K]

Based on the information given, the incentive that should be used is that an employee with a cost-cutting idea will be paid 10% of the first-year savings.

Strategic objectives simply mean the purpose statement that are vital in creating an overall vision for a company and setting its goals to achieve desired outcome.

Since the manufacturer of electrical circuits, wants to decrease the per-unit cost of making its products, the incentive should be that an employee with a cost-cutting idea will be paid 10% of the first-year savings. This will help the workers align with the objective

Learn more about incentive on:

brainly.com/question/8992482

7 0
3 years ago
At least theoretically, the internet allows for participation by anyone anywhere in the global, digital economy, but not everyon
ANEK [815]

The answer to the question above is a term called global digital divide.

Global digital divide refers to the global inequalities that occurred in the adoption of computing and information resources and opportunities that can be received from these resources between developing and well-developed countries.

An example of this would be internet speeds, which can vastly differ from one country to another – even the lowest package available in the U.S.A, for example, can be faster than the mid-tier package offered in Cambodia.

6 0
3 years ago
Regardless of the criteria differences among different types of projects, the most important criterion for project selection isH
Soloha48 [4]

Answer:

a. The project's fit to the organization strategy

Explanation:

The project should be chosen according to how the organization competes in market or what the strategy is in general terms. This is the upward of all other criteria. Now let's look at other criterias:

Project sampling methods play an important role in the initial phase of the project. Let's look at the 5 most important criteria:

1) Chance of Success: Not all projects will be successful in any company. Therefore, when selecting a project, the majority of project managers take into account opportunities that may arise and use the criteria for selecting a project. The sponsors want the project managers to be as successful as they want it to be.

2) Availability of data: Is the information ready for the project? If not, can it be collected easily? Most project managers and sponsors know that the information they need for a project is rarely analyzed.

3) Profitability: Any project is for any material gain or profit. At the same time, in addition to the monetary benefits, customer satisfaction, increased productivity, and overall engagement with the company; increases the scope of work and more.

4) Comfortable Time: There is always a perfect time to start a project. Conformity is contextual. I mean both start and end, according to the timeline and the timetable. An important project must be closed on time. First of all, it should be planned to close in time. Must be covered in time to close.

5) Resource Availability: Not all organizations make a laundry list because everything seems to be a Business or Customer Priority. Even the largest and richest organizations have limited resources. The resource is not exhausted, it has not been determined to engage or surrender anywhere else.

Each project considered depends on the decision to invest its resources to achieve a certain result - start a new IT initiative; design of a new building; or an updated human resources program. On the other hand, decisions to use an external source, an ongoing project, to wait for more resources, or to opt-out generally, must also be considered in order to achieve the desired result. When a project is incompatible with the values of the organization; the expected ROI has not been reached or, in extreme cases, does not endanger the health of the company; Leaving the project can be the most rewarding way of doing things.

3 0
3 years ago
A video game system is on sale for 25% off its original price. If the original price is $200, how much money will be saved?​
NeX [460]

Answer:

$50

Explanation:

25% = 1/4

200 / 4 = 50

50*3=150, which is 25% off.

8 0
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What are the disadvantages of holding physicians criminally responsible for the outcomes of their medical actions?
zhuklara [117]
<span>A disadvantage of holding physicians criminally responsible for the outcomes of their medical actions is that it might make physicians less likely to try and perform a risky operation that is the only chance to save a patient's life. it also might make physicians more likely to decline treating patients with very complicated and delicate diseases.</span>
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4 years ago
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