The differences between Lila and Jillian's businesses are based on what they offer to the public, since one offers products and the other offers services, which makes their businesses different.
<h3>What is a product-based business?</h3>
A product-based business is a type of business in which the main purpose is to offer a specific product to the public, for example:
- Beauty products.
- Sport products.
- School products.
- Construction products.
<h3>What is a service-based business?</h3>
A service-based business is a type of business in which the main purpose is to offer a specific service to the public, for example:
- Satellite television service.
- Legal advice service.
- Sports training service.
- Nutrition service.
Based on the above, it can be inferred that the discussions between Lila and Jillian can include very varied topics because their businesses are different because they involve different value chains.
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Answer:
an increase in the operating income by $16,322
Explanation:
The computation of the impact in the operating income is given below:
Variable cost of 75 units (1300000 × 75 ÷ 12700) 7,678
Sale price of 75 units (75 × 320) 24,000
Increase in operating income (24000 - 7678) $16,322
hence, the impact in the operating income is that there is an increase in the operating income by $16,322
Answer: It is not ethical
Explanation:
Ethics is defined as a moral philosophy that is good for individuals and the society at large.
The basic principles of ethics are objectivity , professional due - care and competence, professional behavior , integrity and confidentiality.
The act of intimidation by the retail chain is un ethical as it is not to the benefit of the suppliers, Moreover , this act violates the principle of professional behavior and integrity.
A good ethical practice respects the trading policies of business partners.
Answer:
reward power
Explanation:
Reward power -
It refers to as the method of using rewards , so that the employee follows a particular instructions , is referred to as reward power .
The reward acts as a bait so that the employee can follow any order of the senior .
As from the given scenario of the question ,
The person works some extra hours in order to get a good increment .
Hence , from the given scenario of the question ,
The correct answer is reward power .
Manufacturers offer discounts usually to large quantity or bulk buyers. this encourages buyers to buy more because the businesses give them an opportunity to save more money. usually, it is the retailers who would buy from manufacturers in bulk orders
