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ivann1987 [24]
4 years ago
12

Does the History of Credit and Consumerism segment make you view the use of credit differently than you did before?

Business
1 answer:
andrew-mc [135]4 years ago
6 0
<span>Yes, because i now know that i shouldn't just charge every things i buy on a credit card and should only buy something if i have the cash.
If i'm forcing myself to buy something with the money that i don't have, i will only stacking up my debts and will restrict my financial situation which will prevent me from growing my assets</span>
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The step in the formal planning process known as __________ involves studying past events, examining current conditions, and for
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Situation analysis

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3 years ago
Describe all business activities from the time a customer arrives to the time that customer departs your favorite fast-food rest
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Answer: The answer is provided below

Explanation:

1. The following are the business activities that takes place from the moment a customer arrives to the moment the customer leaves my favorite fast-food restaurant.

The first thing is welcoming the customer to the restaurant, after the customer sits down, a waiter for to the customer and gives the menu to the customer for him or her to choose the kind of meal he or she wants. After the customer has chosen the meal, the order is received and then filled. The food is then brought to the customer with an accompanying bill for the customer to make payment. Lastly, when the customer has finished eating, the waiter and security at the gate thanks him or her on their way out.

2. The costs are:

i. The salary of the staffs at the restaurant. This include the waiter, cook, security, manager, cleaners etc.

ii. Utility bills such as electricity and water.

iii. Rent of the building.

iv. Cost of the ingredients for the meals.

3. Fixed cost is a cost which doesn't vary with the production output while variable costs are the costs that varies with output. For the (ii) above, the fixed costs are: salary of staffs, rent, utility bills because these costs doesn't usually change while the variable cost is the cost of the ingredients for the meals.

7 0
4 years ago
In an Oligopoly industry a change in price by one firm will _____ impact the other firms in the industry.
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Answer:

The answer is significantly.

Explanation:

Oligopoly is a market situation in which there are few sellers, selling similar goods and services and many buyers. The barriers to entry in this market in high. Example of a oligopoly market is OPEC.

The competition amongst the few sellers is high because they are selling the same thing and a change in price by one firm will significantly affect other firms in the industry. For example, if a firm reduces the price of its goods, this creates a price war and other firms to start reducing their price to match the lower price. And if another firm increases its price, consumers will switch to competitors

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4 years ago
Because sam cooke struggled to find success, he formed his own publishing company in an attempt to get his songs known by the pu
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True. <span>Because Sam Cooke struggled to find success, he formed his own publishing company in an attempt to get his songs known by the public. This is a true situation for Sam Cooke. He wasn't able to get anyone to support him in his music journey so he </span>decided to open up his own label where he was able to share his music with the world without someone else stopping him. 
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4 years ago
A robot manufacturing company in Southeast Asia undertakes a government project to produce multi-utility robots. It requires a s
eimsori [14]

Answer: a. Computer-aided manufacturing

Explanation: A computer-aided manufacturing would help the robot manufacturing company in this regard since it can provide the required software to control the machine tools and processes needed in the manufacture of the multi-utility robots.

Computer-aided manufacturing (CAM) is defined as the use of software and computer-controlled machinery to automate a manufacturing process and is composed entirely of software that tells a machine how to make a product through the generation of toolpaths; a machinery that can turn raw material into a finished product and a post processing unit that converts toolpaths into machine languages. Computer-aided manufacturing thus provides high–speed machine tool paths that greatly minimize cycle times, reduce tool and machine wear and general improvement in quality and accuracy of cutting.

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3 years ago
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