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Leviafan [203]
3 years ago
15

_____ is a direct inducement offering extra incentives anywhere along the marketing route to enhance the movement or accelerate

the product’s movement from producer to consumer.
Business
1 answer:
____ [38]3 years ago
7 0

Answer: sales promotion

Explanation: In simple words, sales promotion refers to the process under which an organisation uses specific tools and strategies to persuade potential customers to purchase their product.

These strategies are used for short time purpose and have no effective impact if the organisation is trying to build a customer base for longer time period.

Sales promotion techniques can be implemented directly towards customers or towards sales staff and channel members which indirectly effects customers. Contests, coupons and freebies are some of many examples of sales promotion.

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True or false: production runs can be scheduled in one or two shifts.
irina1246 [14]
The answers are as follows:
1. TRUE.
Shift schedule is a practice used in manufacturing industries to increase the numbers of hours that is used in production process. The shift divides the hours in the day into specific period and assign teams that will work during each period. The shift practice is usually employed in production run in order to ensure efficient use of all resources during the production process. Production run are typically schedule into one or two shifts; which may be during the day alone or during the day and night.
2. FALSE
Hiring the needed complement will eliminate OVERTIME, not the second shift. Hiring the needed complement usually remove the need for all overtime. Hiring the needed complement will make having a second production run team possible and this second team can handle the production process that ought to be done through overtime.
3. FALSE.
It is the duty of the management to strive to DECREASE STAFF TURNOVER.
Staff turnover refers to the rate at which employees are leaving a company and new employees are been absorbed. High staff turnover will make the company to spend more money on resources and training of new staffs.  
4. TRUE.
During periods of high demand, production usually increases and more workers are hired. Instead of hiring more workers, a company that has two production shifts may decide to add more workers to the first shift in order to increase the amount of work that could be done. This will result in the decrease in the number of the workers in the second shift.
5. FALSE
Increasing training hours decreases needed complement. Increasing the training hours will equip the workers with the needed knowledge which will make them more effective and productive. This will decreases the complement needed for the production process.
6. RECRUITING COST [B].
In a situation where a company has to hire more workers to the one it already has on ground as a result of increased production, then the company will have to spend extra money in the process of recruiting the needed workers.
7. DECREASE [B]
If the productive index is already at 100%, adding overtime will decreases the productivity index. This is because, overtime has a way of reducing the efficiency and the productivity of the workers, thus decreasing the amount of work done by them.
8. FALSE.
Workers training is entered in hours. The amount of training received by workers are measured in hours. The higher the training hours, the higher the amount of training which a worker has undergone and the higher will be the value of that worker to the company.
9. C
Each company is expected to have a base amount of $1,000 for each new worker that is hired. The company may decide to eliminate all other recruiting costs but this base amount can not be eliminated.
10. SEPARATION COST [C].
Separation cost are incurred when production level decreases and/ or automation level increases.
Separation cost refers to the cost that is needed to lay off an employee from an organisation. When the production level decreases or the company decide to automate their production processes, then some workers will have to be sacked and these workers have to be paid some money before they leave the company. This result in increase in the amount of money that the company will spend on separation cost.
8 0
3 years ago
Suppose that the price of sushi take-out, a substitute, decreases in price. what will happen to the demand for chinese take-out?
omeli [17]
<span>Suppose that the price of sushi take-out, a substitute, decreases in price. What will happen to the demand for Chinese take-out? The demand for Chinese take-out will likely decrease as a substitute is cheaper. Those we are okay with substituting one item with another are often after the price the items sell out versus exactly what the want from the item. Since they are substitutes, more people will likely get the cheaper option, Sushi take-out. </span>
8 0
3 years ago
You are a birder (birdwatcher) and your neighbor has put up several birdhouses in her yard and also planted trees and flowers th
REY [17]

Answer:

Positive externality

Explanation:

In economics, there are generally two different types of externality named as a positive and negative externality.

Positive externality: In economics, the term "positive externality" is described as a phenomenon that occurs when the production or consumption of a specific good leads to create a benefit to any third party.

Example: A particular beekeeper who tends to keep the bees as they produce honey.

In the question above, the given statement represents positive externality.

4 0
3 years ago
Crane Company uses job order costing for its brand new line of sewing machines. The cost incurred for production during 2019 tot
Katarina [22]
C I just did the test with this question
5 0
2 years ago
Meyer Inc produces lampposts using labor (L) and capital (K). Its production function is given by the following expression: Q =m
kykrilka [37]

Answer:

L = 0

K = 535.36

Q = 99,577 units

Explanation:

Q = 118L + 186K  

Budget line: C = L.PL + K.PK

5,889 = 16L + 11K

This is a linear production function, indicating labor and capital are perfect substitutes. Optimal bundle lies on one of the corner points on isoquant.

From budget line,

When L = 0, K = 5,889/11 = 535.36  

Q = 118*0 + 186*535.36 = 0 + 99,576. 96 = 99,577 units

When K = 0, L = 5,889 / 16 = 368.06

Q = 118*368.06 + 11*0 = 45,555.08 + 0 = 45,555 units

So, output is maximized when L = 0 and K = 535.36, since Q = 99,577 units (optimal labor).

Hope this helps!

8 0
3 years ago
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