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muminat
3 years ago
6

By improving the quality of goods and services produced, the ______ value of products and services is enhanced.

Business
1 answer:
Viktor [21]3 years ago
4 0

Answer:

functional.

Explanation:

The functional value can be perceived by the customer as a type of value that is related to the benefits and utility that a good or service will bring to satisfy his needs.

Therefore, improving the quality of the goods and services produced will increase their functional value.

Increasing the quality of goods and services may be a relevant competitive strategy for a company to achieve market advantages, since in the purchase decision process, the consumer will analyze the options on the market and choose the one that best satisfies their needs in relation to functional value of the product or service.

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Wilcox Company has budgeted sales volume of 60,000 units and budgeted production of 54,000 units, while 10,000 units are in begi
VARVARA [1.3K]

Answer:

4,000 units

Explanation:

Given that

Sales volume = 60,000 units

Budgeted production = 54,000 units

Beginning finished goods = 10,000 units

The computation of units for ending finished goods inventory is computed below:-

Budgeted production = Ending finished goods + Sales volume - Beginning finished goods

54,000 = Ending finished goods + 60,000 - 10,000

54,000 = Ending finished goods + 50,000

= 4,000 units

6 0
3 years ago
Suppose that an economy produces 2,400 units of output, employing 60 units of input, and the price of the input is $30 per unit.
Vinil7 [7]

an economy produces 2,400 units of output, employing 60 units of input, and the price of the input is $30 per unit. the level of productivity in this economy is 40

<h3>What is productivity?</h3>
  • It is possible to study patterns in salary growth, wage levels, and technical advancement by further segmenting labor productivity.
  • Productivity increase is directly related to corporate earnings and shareholder returns.
  • Productivity is a measure of a company's production process efficiency at the corporate level.
  • It is calculated by comparing the number of units produced to employee labor hours or by comparing the company's net sales to employee labor hours.
  • Productivity is calculated as a company's output divided by the units utilized to produce that output.
  • In the workplace, productivity simply refers to how much "work" is completed in a given amount of time.

To learn more about productivity with the given link

brainly.com/question/23987161

#SPJ4

8 0
2 years ago
Explain the role audit committee plays in the company​
jeka94

Answer:

The primary purpose of a company's audit committee is to provide oversight of the financial reporting process, the audit process, the company's system of internal controls and compliance with laws and regulations. ... As such, CPAs report directly to the audit committee, not management.

Hope this helps.☝

7 0
3 years ago
In insurance policies, the insured is not legally bound to any particular action in the insurance contract, but the insurer is l
Margarita [4]

Answer: Unilateral contract.

Explanation:

A unilateral contract is a contract in which promise to fulfill a requirement is made only in one direction, when only the offeror makes a promise and the offeree is on the receiving end of the promise. In insurance the insurer is the only one who makes a promise while the insured is the one receiving the offer(and can break from the agreement at any time).The insurer is the offeror while the insured is the offeree.

3 0
3 years ago
Jamal has owned his home for about 5 years. his refrigerator needs to be replaced and jamal is thinking about buying an energy s
ipn [44]

Answer - A (7 years)


WORKINGS

To calculate how long it would take for the new refrigerator to pay for itself in lower utility costs, the cost of new refrigerator will be divided by lower utility cost per year

 

Cost of new refrigerator = $598

 

TO CALCULATE LOWER UTILITY COST PER YEAR

At a cost of only 12 cents per day

Annual cost will be 12 X 365 = 4380 Cents ($43.8)

 

Cost saved annually = Cost of old refrigerator – Cost of new refrigerator.

Lower utility cost per year = $132 – $43.8

Lower utility cost per year = $88.2

 

How long would it take for the new refrigerator to pay for itself in lower utility costs?

$598 ÷ $88.2

= 6.78 years

Approximately 7 years

<span> </span>

7 0
3 years ago
Read 2 more answers
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