Early personal computer users remember the cumbersome, user-unfriendly "DOS" system. When Apple introduced System 1 and Microsoft introduced Windows, both of which were much easier to use, these new products diffused rapidly because of their relative advantage
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Option A
<u>Explanation:
</u>
A product's dominance and market appeal over similar items. A competitive advantage is usually accomplished by giving better value to customers through either reducing prices or delivering added quality and service that justify higher costs.
That idea is based on consumer brand and product perceptions and does not necessarily reflect the actual characteristics of this product or service. The definition helps companies to consider that customers would choose to use this product or whether a rival would rather remain faithful to the already existing product.
Answer:
The term has two distinct meanings–one is statistical; the other is a comprehensive quality system.
Explanation:
Here, the point fact states that it will take a six standard deviation from the mean for an error to happen.
Six Sigma evolved to define numerous ideas within the business sphere and is sometimes confusing. Firstly, it's a statistical benchmark. Any business process, which produces less than 3.4 defects per 1 million chances is said to be efficient. A defect is anything produced outside of consumer satisfaction. Second, it is a training and certification program, which teaches the core principles of Six Sigma. Practitioners may achieve the Six Sigma certification belt levels, ranging from white belt to black belt. Finally, it's a philosophy, which promotes the idea that all business processes can be measured and optimized.
Answer: d. Uncle John's
Absolute Advantage refers to the ability of an individual, company, region or country to produce a particular product or service at a price lower than that of his or her or its competitors.
When the price for the company's products are lower in comparison to other similar products, the demand for its products are more and it's able to sell more number of units than its competitors.
In this case, Uncle John's has the absolute advantage since it sold the most number of cookies (125)
The benefits of renting include:<span>Financial flexibility. Think of a ocean liner and a speedboat. ...Financial stability. ...Career flexibility. ...Low maintenance costs. ...No market risk. ...You don't pay taxes or insurance directly. ...No cash outlay required. ...<span>Some bills are included in the rental price</span></span>
Answer:
$7,200
Explanation:
The computation of the total manufacturing overhead assigned is shown below:
= ($168,640 + $127,840 + $554,400 + $1,078,000) ÷ $514,368
= 375% per direct-labor dollar.
Now
= $514,368 ÷ 8,037
= $64 per DL hour.
And,
= $64 × 30 direct labor hours
= $1920.
So,
Manufacturing overhead is
= 1920 × 375%
= $7,200