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
Margaret [11]
3 years ago
9

List all the economic activities involved in each of the following businesses:

Business
1 answer:
Bess [88]3 years ago
5 0

Answer:

Selling cotton shirts at a high-street store:

Manufacture: First, the factory manufactures shirts using raw materials they’ve purchased from suppliers.

Quality control: The shirts go through quality control to check for defects and to ensure uniformity among all the shirts. Quality inspectors are paid to ensure that shirts are free of defects.

Packaging/transportation: After the quality control process, the factory packages the shirts and hires transportation services to transport the shirts to the retail outlet.  

Labeling: At a retail outlet, each type of shirt is valued and receives a price tag based on the discount that the storeowner decides to offer consumers.  

Selling: Consumers choose between many types of shirts and may decide to purchase the shirt based on the quality and price.

Selling hamburgers at a fast-food restaurant:

Buying the ingredients: Headquarters buy ingredients from meat suppliers.

Assembly process: A team of chefs starts the preparation by chopping and assembling all the ingredients. Another team of chefs makes the burgers, and the ingredients are ready for delivery. Chefs are paid to ensure burgers are prepared correctly and packaged to maximize shelf life.

Packaging: The packaging department packs the burger patties and hires a specialized transportation service to deliver the frozen patties to the restaurant.  

Selling: The restaurant prices the burgers and prepares them as customers order them. Customers can choose between this restaurant and another down the street.

Selling medicines at a drug store:

Manufacturing: A valid license holder manufactures the medicines. The manufacturer may hold the patent for certain drugs or may pay for the license to manufacture the drug.

Wholesalers: Wholesale dealers sell the medicines to pharmacies or other wholesalers.  

Selling: Pharmacies sell the medicines to consumers, who may have the choice to purchase other drugs, including generic drugs.

Selling gas at a gas station:

Production: The oil company has to drill underground to find oil. The operation is typically paid for by investors that hope to strike oil and sell the oil to a refinery.

Refining: The crude oil is then refined at a refinery, who purchases the oil from the drilling company.

Selling: The oil company sells the refined oil to gas stations, which sell the gas to consumers. Consumers have many choices for gasoline, so the market price is a buyers’ market.

Explanation:

Don't really need one lol, I literally got the answer from the problem since I have to do this too

You might be interested in
Mel is a salesperson for a technology services company. He wants to expand collaborative involvement between his company and his
galina1969 [7]

Answer:

I couldn't find any possible options, but if Mel wants to expand collaborative involvement between companies, he should try to make them work together.

Mel is probably trying to sell a new software or technological device to his client, and in order to try to convince the client that his offer is the best, he could suggest that the engineers from his company work together with the engineers of the buying company in order to solve any issues or doubts that may exist. This doesn't necessarily mean that they have to come together and work side by side, now you can work together using Skype of other communications app.

3 0
3 years ago
g When a company’s resources are valuable, rare, imperfectly imitable, and nonsubstitutable, it has a . Necessary to sustain a c
malfutka [58]

Answer:

Rare resources

Explanation:

Rare resources are unique resources that is not controlled or possessed by many competing firms. Only a small number of competing companies control it. It usually stands out by being distinctive among the set of future competitors. Rare resources are short in supply and capable of persisting over an extended time, this makes it a source of competitive advantage for a company.

7 0
3 years ago
Read 2 more answers
g An equity issue sold to the firm's existing stockholders is called a Group of answer choices private placement Rights offer ge
SVEN [57.7K]

Answer:

rights offer.

Explanation:

.

rights offer in equity can be regarded as invitation given to shareholders that are still existing in the firm so that they can purchase new shares, which is additional shares in the firm at a specific price which is usually at a particular time usually like 16 to 30 days. It should be noted that An equity issue sold to the firm's existing stockholders is called a rights offer

3 0
3 years ago
Im so bore.dddddddddddddddddddddddddddddddddddddddddddddd<br> Have some points plz
iogann1982 [59]

thanks, buddy... I appreciate it...:)

4 0
3 years ago
Read 2 more answers
In table 10.1, what is the number of unemployed in year 1?
kvv77 [185]
I believe the answer is b
3 0
3 years ago
Other questions:
  • Ruby wants to change the size of the margins in her document. Which of the following is a command she might use to do so in her
    13·2 answers
  • A nationwide chain of pet stores wishes to identify the trade-offs that its customers are willing to make between low-cost produ
    6·1 answer
  • Suppose that a jewelry store found that when it increased prices by 10 percent, sales revenue increased by 3 percent. Which of t
    13·1 answer
  • Jessica experienced an increase in her income by 10% this year. In the same year, Jessica's quantity demanded of milk increased
    10·1 answer
  • (Lessee-Lessor Entries, Sales-Type Lease; Guaranteed Residual Value) Phelps Company leases a building to Walsh, Inc. on January
    5·1 answer
  • The tax rates are as shown. taxable income tax rate $0 – 50,000 15% 50,001 – 75,000 25% 75,001 – 100,000 34% 100,001 – 335,000 3
    7·1 answer
  • Kelsie told you her goal is to be one of the best overall programmers in the world. She​ doesn't care who she works​ for, or wha
    9·1 answer
  • Matt works part-time and is paid $6.75 per hour. Determine Matt's gross pay (hours worked x hourly rate of pay) for last week wh
    12·1 answer
  • The December 31, 2021, post-closing trial balance for Strong Corporation is presented below:
    7·1 answer
  • Tim and Tammy are updating their financial plan and are concerned that they might not have enough life insurance coverage for th
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!