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Veronika [31]
3 years ago
13

Items such as cookies, crackers, and potato chips have separate schemas. However, these can be clustered into one category becau

se they are all snack foods and share the common characteristic of being served as snacks. Such categories are referred to as ________.A) taxonomic categories
B) objective scripts
C) productive categories
D) objective assemblies
E) categorized scripts
Business
1 answer:
r-ruslan [8.4K]3 years ago
3 0

Answer:

The answer is A. Taxonomic categories

Explanation:

Taxonomy can be defined as the system of classification of various things based on their similarities or differences.

In the question above, cookies, crackers and potato chips are different products, but they all share a similarity, which is that they're all snack foods and therefore are under the same taxonomic category.

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The survival principle states that A. the only firms that survive are those that maximize profits. B. firms must undertake socia
Flauer [41]

Answer:

The survival principle states that

A. the only firms that survive are those that maximize profits.

Explanation:

Profit maximization is important for a firm to survive.  Without profit maximization, firms fail.  Profits impact share price, business growth, and short-term and long-term survival.  Profits reduce debt burden, and increase capital investments and acquisitions.  Without profits, a firm cannot pay dividends or repurchase shares.  Profit is at the center of a firm's survival.  Even Baumol's theory of sales maximization states that it is only when an acceptable level of profit has been achieved that a firm can shift its focus away from profits to revenue maximization.  This emphasizes the importance of profit maximization.  Profit maximization also contributes to the maximization of cash flows.

5 0
3 years ago
Help please !!!!!!!!????
astraxan [27]
I think the answer is C
7 0
3 years ago
A 5 percent increase in income leads to a 10 percent in the quantity demanded for a service. This service is a(n)_____good, an t
Charra [1.4K]

Answer:

A) normal; elastic

Explanation:

As we know,  

1. Perfectly inelastic = When elasticity is zero

2. Inelastic = When elasticity is below than one

3. Unitary elastic = When elasticity is equal to one

4. Elastic = When elasticity is above than one

5. Perfectly elastic = When elasticity is in infinity  

And, the income elasticity of demand would equal to

= (Percentage Change in quantity demanded) ÷ (Percentage Change in income)

= (10%) ÷ (5%)

= 2%

As we see that the income elasticity of demand is more than one which represents the elastic plus in normal good it shows a positive relationship between the income and quantity demanded and the elasticity also comes in positive.  

3 0
4 years ago
A firm can effectively use its operations function to yield competitive advantage through all of the following except
ira [324]

Answer:

The correct answer is b.setting equipment utilization goals below industry average.

Explanation:

A firm cannot achieve competitive advantage by setting its equipment utilization goals as this will not retain its customers.

If a firm wants to achieve competitive advantage it can achieve it by;

Addressing its customers concerns and customizes the products according to their needs.  

Providing customers their ordered products earlier than other companies lead time, which means increase in speed of delivery and shortens the delivery time.

Bring improvement and advancements in its products by using new technology.

Maintain a variety of different product options to cater the needs of its various customers. Offering them a wide range of products will probably reduce chances of customer switch.

4 0
3 years ago
Select the best answer for the question.
Lorico [155]

Answer:

QC

Explanation:

US dollar used to be backed by gold but this is not the case anymore. US dollar being as a flat currency is backed by governemnt through federal reserve.

6 0
3 years ago
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