1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
yanalaym [24]
3 years ago
7

What is a review of successful products that takes place during the production​ process?

Business
1 answer:
tresset_1 [31]3 years ago
8 0

Answer:

Value analysis

Explanation:

The value analysis is the evaluation made by a company during the creation of a product to make sure that the specifications of it are adequate and that the cost is not higher than needed so that it can perform its functions properly at the right price. According to this, the answer is that the review of successful products that takes place during the production process is value analysis.

You might be interested in
Anna Jonas owns a manufacturing firm in Indonesia and strongly believes that it is important that​ workers' rights be respected.
Lisa [10]

Answer: cognitive dissonance

               

Explanation: Cognitive dissonance takes place in the fields of psychology when an individual holds two or more irrational beliefs, concepts, or principles, or takes part in a motion that runs counter to any of these three and thereby perspectives mental stress.

Inconvenience is caused by an individual's belief that conflicts with new interpreted proof (statistics) in which they attempt to take steps to address the inconsistency in order to minimize their distress.

In simple words, The concept behind cognitive dissonance shows that people find psychological continuity regarding their life span and the earth's objective reality.

8 0
3 years ago
Financial Statement Analysis, specifically Ratio Analysis is often performed by managers, investors, and creditors. What is the
IceJOKER [234]

Answer:

The primary goals of managers, investors, and creditors when evaluating ratios are:

1. Managers use ratio analysis to evaluate their performance, understand financial results and trends, and determine the strengths and weaknesses of different strategies and initiatives.

2. Investors perform ratio analysis of the financial statements of companies in order to evaluate the financial health of the companies and estimate likely future performances.  By performing ratio analysis, investors can determine how a company receives financing, uses resources, settles maturing debt obligations, and generate profits.

3. On the part of creditors, they are always interested in knowing if a company is overtrading, uses debt resources efficiently, is credit-worthy, and has the ability to repay.

Explanation:

Ratio analysis reveals important insights about a company's profitability, liquidity, operational efficiency, and overall solvency.  Ratio analysis shows a company's performance in important indices over time.  It can also be used as a tool to compare one company with another, especially if they are in the same industry or economic sector.  Various stakeholders, including managers, creditors, investors, and employees, use ratio analysis to understand the company's value creation ability.

7 0
2 years ago
What is - x when x=12
maksim [4K]
If x is 12 the answer is -12
6 0
2 years ago
Consider an industry in which chief executive ocers (CEOs) run rms. There are two types of CEOs: exceptinal and average. There i
klemol [59]

Answer

The answer and procedures of the exercise are attached in the following 3 images.

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in 3  sheets with the formulas indications.  

8 0
3 years ago
The Clark Sports Camp operates three sports programs: basketball, lacrosse and field hockey. The camp provides a unique opportun
igor_vitrenko [27]

Answer:

1. <u>Impact on profits</u>:

Contribution Margin =                     $63,000

Less: Traceable Rent = $10,000

Less: Salary of Director = $10,000

Total avoidable fixed expenses = <u>$20,000</u>

Decrease in Profits =                      <u>$43,000</u>

Hence, the profits will reduce by $43,000 if the basketball program is eliminated.

3. If the allocated fixed costs can be reduced by $50,000. The program should be dropped since there will be an increase in profits by $7,000 (50,000 - 43,000). The avoidable costs and revenues should be taken into account for the purpose of this decision. If the avoidable costs are more than the revenues, the line should be dropped else not.

Hence, since after considering the reduction in allocated fixed costs, the avoidable costs are greater than revenues, the program should be dropped

5 0
2 years ago
Other questions:
  • What is the best Honda dirt bike?
    9·1 answer
  • For a normal good, if the price of a substitute good decreases then:
    12·1 answer
  • On December 31, 2018, the unadjusted balance in Prepaid Insurance was $2580. This was the amount paid in the middle of the year
    14·1 answer
  • fter a company chooses the modules they want to implement, they must decide on ____ options, which allow the customer to customi
    14·1 answer
  • 18. The creation of a quota on Canadian softwood lumber sold in the U.S. may affect prices and quantities of Canadian softwood l
    10·1 answer
  • Determine the price in period 1 (the future) if 30 units of oil are consumed in period 0 (the present).
    7·1 answer
  • You bought Sumsung stock for $50 on April 1. The stock paid a dividend of $5 on July 1, and had a price of $53. It is now Oct. 1
    7·1 answer
  • 1, xyz company cost function for the next four month is cost =500000+5Q A, find the BE dollar volume of sale is the selling pric
    6·1 answer
  • According to our Chapter 8 reading, the first step in time management should be
    14·1 answer
  • QUESTION 1 of 10: You are considering leasing a store site that has 1,200 square feet. The landlord is asking for a rent of $65
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!