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3 years ago

According to the ___________, taking care of customers is essential to obtaining a competitive advantage.

Business

1 answer:

gladu [14]3 years ago

6 0

Answer:

First law of business.

Explanation:

According to the first law of business, taking care of customers is essential to obtaining a competitive advantage in order to keep them considering the fact that these customers are the king of the market.

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If a website is classified as an "advocacy" site, what is the sites primary purpose?

lutik1710 [3]

The answer would be:

A: To try to get other people to support a cause or position.

Similar to an advocate which is a person is promoting some sort of cause or position, an advocacy is an activity in which a person or a group of people aim to sway the decisions in many areas such as politics, economics, etc.

If a website is labeled as an "advocacy", then it's purpose is to alter the decisions of the people who click on it to support their cause.

3 0

4 years ago

Read 2 more answers

In order to avoid "putting all its eggs in one basket," a business is most likely to:

exis [7]

Answer:

C-PRODUCE OR SUPPLY A VARIETY OF GOODS AND SERVICES

8 0

3 years ago

when the government's budget deficit increases the government is borrowinga. more and public savings increases.b. more and publi

Fynjy0 [20]

When a government's expenditures on goods, services, or transfer payments exceed their tax revenue, the government has run a budget deficit. Governments borrow money to pay for budget deficits.

<h3>What is budget deficit ?</h3>

An overrun in spending over income results in a budget deficit, which can be a sign of a nation's financial stability. The phrase is frequently used to describe government spending rather than that of companies or people.

An annual financial statement of the government's proposed revenues and expenditures is known as a budget. The overall gap between government revenues and expenditures is known as the government budget balance, also known as the general government balance, public budget balance, or public fiscal balance.

A government budget deficit is denoted by a negative balance, and a surplus is denoted by a positive balance. For each level of government, a budget is created that accounts for public social security commitments.

The primary balance and interest payments on the total amount of accumulated government debt make up the government budget balance; the two together determine the budget balance.

To learn more about budget deficit refer :

brainly.com/question/26010226

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4 0

1 year ago

1. Select the most likely consequence of making credit card payments late.

ruslelena [56]

1. Guess that the only correct consequence of making credit card payments late is: <span>fees and paying the default interest rate on the balance. There's a non-fee period which is defined by a bank.

2. The most obvious option is: </span><span>Zach and Zach's parents credit may be damaged. He can forget to make the credit payments in time and the bank can make e decision to less the credit amount.

3. As far as I remember, i</span>f interest rates rise, the prices of bonds will d<span>ecrease. It's the cost of borrowing, so that's why I chose that option.

4. I'd choose this one. </span><span>C. About $6.67. First let's discover your daily periodic rate. We need to do this: 16/365 this will be approximately 0.04%.
And now we can count monthly charge. 500*0.0004*30 = 6 (approximately)</span>

5 0

3 years ago

Read 2 more answers

Direct labor or machine hours may not be the appropriate cost driver for overhead in all areas of manufacturing due to the compl

MrRa [10]

Answer:

WATERWAYS CORPORATION

Activity Cost Overhead Actual Cost

Pools Activity- Rates Assigned

Based

Irrigation installation $ 154.20 $1,995,502.20

Machining (all machine use) $0.05 1,670,450.00

Customer orders $12 30,240.00

Design $102.50 717.50

Selling $16 353,600.00

b. Classification of activities by level:

Activities Levels

Testing of products (if all items are tested) Unit

Testing of products (if all items are not tested) Batch

Designing new products Product

Packaging Unit

Molding Product

Assembling Batch

Depreciation Facility

Machine maintenance Unit

Advertising Product

Equipment setups Batch

Electricity required to run equipment Facility

Requisitioning materials Unit

Explanation:

a) Data and Calculations:

WATERWAYS CORPORATION

Activity Cost Estimated Expected Actual Use

Pools Cost Drivers Overhead Use of Cost of Drivers

Drivers per

Activity

Irrigation installation Labor cost $1,998,432 12,960 12,941

Machining Machine hours 1,670,400 33,408,000 33,409,000

Customer orders No. of orders 30,636 2,553 2,520

Design Cost per design 820 8 7

Selling No. of sales calls 350,400 21,900 22,100

Overhead Rates:

Irrigation $1,998,432/12,960 = $154.20 per DLH

Machining 1,670,400/33,408,000 = $0.05 per machine hour

Customer orders 30,636/2,553 = $12 per order

Design 820/8 = $102.50 per design

Selling 350,400/21,900 = $16 per sales call

Activity Cost Overhead Actual Cost

Pools Activity- Rates Assigned

Based

Irrigation installation $ 154.20 $1,995,502.20 ($154.20*12,941)

Machining (all machine use) $0.05 1,670,450($0.05*33,409,000)

Customer orders $12 30,240 ($12*2,520)

Design $102.50 717.50($102.50*7)

Selling $16 353,600($16*22,100)

b) Levels of Activity:

Unit-level activities: At this level, the costs are concerned with direct materials, direct labor, and machine maintenance.

Product-level activities are specific to a product.

Batch‐level activities require a group (batch) of units to be produced or some processes performed together.

Facility-level activities are support activities required for the development and production of goods and services. They are organization-wide.

8 0

3 years ago