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Fynjy0 [20]
3 years ago
13

When a business doesn't have control of all the environmental forces, it is called ________ design. For example, Acme Medical re

lies on predictions and contingencies to cope with unexpected input. Last year, an influenza epidemic affected suppliers, personnel, and even customers, causing lost production and lost profit.
Business
1 answer:
Sveta_85 [38]3 years ago
6 0

Answer: open

Explanation:

An open design is business that doesn't have control of all the environmental forces. This can bring about loss and bad happenings to the business.

This is shown in the example given above that Acme Medical relies on predictions and contingencies to cope with unexpected input and that last year, an influenza epidemic affected suppliers, personnel, and even customers, causing lost production and lost profit.

You might be interested in
Geologists estimate that the age of the earth is 4.54 billion years old, based on
KIM [24]
<span>This age is found from radiometric dating of meteorites that have been found in the earth's crust. Other samples from the earth and from the moon have borne out this finding, and give a very similar age for the oldest known materials.</span>
7 0
3 years ago
g Compare and contrast a four Ps approach to marketing versus the value approach (creating, communicating, delivering and exchan
abruzzese [7]

Answer:

The 4Ps are Product, Pricing, Promotion, Place.

Explanation:

Thinking about it carefully, one would note that there is really nothing to contrast between the value approach which is Creating, Communicating, Delivering and Exchanging Value.

Let's make the comparisons:

  • Products and Services are Created. It's impossible to have a product or service that is not created.

The inherent quality of a Utility or Product or Service is that they are value which is Created. So in describing the marketing approach, one can use both interchangeably.

  • Pricing vs Exchanging Value

Again there is a parallel here. Price is the value you have put on your product or service. Without price, it's difficult to exchange value. Again in the marketing process/approach, it's difficult to separate the two. In both approaches, pricing and Exchanging Value as steps in the marketing approach can be used interchangeably.

  • Communicating vs Promotion

This is also another parallel. Promotion is simply another way to communicate the value of your product. Both are really not different.

  • Delivering Value vs Place

Place under the 4 Ps approach speaks to the location where the product is delivered. Again it's clear to see that both cannot be separated.

In conclusion, assuming all factors are the same and held constant between two companies A and B, if company A follows the 4Ps approach and company B follows the Value approach, they are most likely to arrive at the same results.

Cheers!

5 0
3 years ago
Selected financial information for Feemster Company for 2012 follows. Sales $ 2,000,000 Cost of goods sold 1,400,000 Merchandise
olganol [36]

Answer:

The merchandise inventory turnover during 2012 is 8 times.

Explanation:

The following information is given:

Sales -  $ 2,000,000

Cost of goods sold - $1,400,000

Merchandise inventory Beginning of year -  $ 155,000

Merchandise inventory End of year - $ 195,000

After considering these information, it is easy to calculate the merchandise inventory turnover. The formula is shown below:

Merchandise Inventory Turnover =  COGS ÷ Average inventory

where average inventory = (opening inventory + ending inventory) ÷ 2

So,

Average inventory = ( $ 155,000 + $ 195,000) ÷ 2

                               = $175,000

Now, we can compute easily

Merchandise Inventory Turnover = 1,400,000 ÷ $175,000

                                                       = 8 times

Thus, the merchandise inventory turnover during 2012 is 8 times.

3 0
3 years ago
Define ATS and describe its use.. Why would large companies<br> use an ATS ?
elena55 [62]

Answer:

An applicant tracking system (ATS) is a human resources software that acts as a database for job applicants.

7 0
2 years ago
Atlarge Inc. owns 30% of the outstanding voting common stock of Ticker Co. and has the ability to significantly influence the in
dem82 [27]

Answer:

C. $22,672

B. $413,872

Explanation:

a. The computation of Amount realized by Ticker is shown below:-

Unrealized profit = (48,000 - $28,800) × 25% × 30%

= $19,200 × 25% × 30%

= $1,440

Unrealized profit from Additional sales = ($60,000 - $33,600) × 40% × 30%

= $26,400 × 40% × 30%

= $3,168

Ownership Interest = (Earned income × Outstanding percentage) + Unrealized profit - (Investment + Unrealized profit from Additional sales)

= (108,000 × 30%) + $1,440 - ($8,000 + $3,618)

= $32,400 + $1,440 - $11,618

= $22,672

b. The computation of balance in the Investment is given below:-

Balance of investment = Investment + Interest - Dividend

= $402,000 + $22,672 - ($36,000 × 30)

= $402,000 + $22,672 - $10,800

= $413,872

6 0
3 years ago
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