1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Verizon [17]
3 years ago
14

In the context of the free market system, the computer business is an example of _____

Business
1 answer:
mojhsa [17]3 years ago
7 0

Answer:

Producer

Explanation:

in the free market system, Producer is an entity that turn raw materials or skills to  create goods or services and sell it to the market in order to obtain a profit.

Computer businesses are a good example of this.

They bought of various types of materials (such as steel, glass, silica sand, iron ore, gold) and transform it into finished products such as a monitor, processor, Audio board, etc.

Some computer businesses also focus on creating software. Rather than raw materials, they utilize coding skills of their employees to create the product and sell it to the market.

You might be interested in
In early April 2020, an amendment to the annual budget for 2020 was approved by the city council for inflows and outflows in the
djverab [1.8K]

Answer:

attached below

Explanation:

Given data :

Year : 2020

estimated other financing sources = $20,000 ( premium on bonds sold )

estimated revenues = $12500 ( accrued interest on bonds sold )

approximations in amount of one interest payment = $25,000 ( to be made during 2020 )

attached below is the Budget for the street improvement Bond debt service fund for year 2020

3 0
3 years ago
Refer to Scenario 19.2. BASF has decided to offer discounts to its businesses customers in the form of the following: For each o
frutty [35]

Answer:

cumulative discounts

Explanation:

Options:

  • A) allowance
  • B )cash
  • C) seasonal
  • D) noncumulative
  • E) cumulative

A cumulative discount refers to a company offering a discount in the sales price of an item or items if the total purchase is higher than a certain threshold. It is similar to offering discounts for buying in bulk (which refers to quantity), only that this type of discount is offered to customers that purchase over a certain amount of money.

6 0
4 years ago
Gabriele Enterprises has bonds on the market making annual payments, with nine years to maturity, a par value of $1,000, and sel
Ulleksa [173]

Answer:

5.52%

Explanation:

For computing the coupon rate we first have to determine the PMT by applying the PMT formula

Given that,  

Present value = $954

Future value = $1,000

Rate of interest = 6.2%

NPER = 9 years

The formula is shown below:

= PMT(Rate;NPER;-PV;FV;type)

The present value come in negative

So, after solving this, the monthly payment is $55.18

Now the coupon rate is

= $55.18 ÷ $1,000

= 5.52%

7 0
4 years ago
At Fantastic Flavors, a large regional chain of candy stores, employees from marketing, design, production, and finance departme
k0ka [10]

Answer:

The answer is: C) team-based new product development

Explanation:

Team based new product development: When a company assembles a cross functional team of employees form different departments to work on the development of new products or services.

This approach has the advantage of saving time over the traditional process of passing a new product from one department to another.

5 0
3 years ago
uestions 1. How has an understanding of consumer behavior helped Coppertone grow in the United States and around the globe? 2. D
aniked [119]

Explanation:

1. This knowledge has enabled them to quickly adapt to the needs of its consumers in the United States and around the world.

2. The five stages of the purchase decision process are problem identification, search for information, comparing alternatives, the decision to buy, and the post-purchase feedback.

1. Problem identification involves recognition by customers that they have a problem.

2. Search for information is a stage in which these customers look for the solution to the identified problem.

3. Comparing alternatives requires customers to compare and contrast solutions offered by companies in terms of their cost advantages and disadvantages.

4. The decision to buy stage is when the customer decides to buy the product from Coppertone based on perceived advantages from their comparison of solutions.

5. Post-purchase feedback by consumers is a measure of the performance of the product they bought.

<u>3. i) Situational influences: </u>this could be thoughts about spending time outdoors at the beach or going on a road trip.

<u>ii) Psychological influences: </u>this may be in the form of self-awareness about the need to protect their skin and to improve their general well-being.

<u>iii) Sociocultural influences: </u>they probably came from a  background where beauty treatments are esteemed and part of their culture.

4. Interestingly, Coppertone is one of the major sponsors of the U.S. women's and U.S. men's soccer teams. It also does TV, social media, other digital marketing campaigns.

5. i) They face the threat of unstable demand since they deal with a seasonal product.

ii) Constant product innovation is very much needed in order to meet customer needs.

<u>Recommendations are:</u>

i) Publicity campaigns should be carried out to encourage all-round usage, to avoid the habit of customers waiting for the season before purchasing the product.

ii) Creating new Innovative products should be a priority for the organisation in order to appeal to their needs.

5 0
3 years ago
Other questions:
  • Ownership of a put option entitles the owner to the __________ to ___________ a specific stock, on or before a specific date, at
    15·1 answer
  • Pensacola Inc exchanged old equipment for new equipment in two exchange transactions. Each transaction has commercial substance
    15·1 answer
  • Which term refers to the practice of revaluing an acquired subsidiary's assets and liabilities to their fair values directly on
    13·1 answer
  • Division of labor increases in __________. As the food supply grows, not everyone needs to be engaged in food production. Some p
    15·1 answer
  • Columbia Corporation produces a single product. The company's variable costing income statement for November appears below: Colu
    6·1 answer
  • When making a major purchase first determine your
    15·1 answer
  • Describe the difference between an idea and a business opportunity.
    6·1 answer
  • How to write a reimbursement cheque in Quickbooks?
    7·1 answer
  • The cost of equity is ________. the interest associated with debt the rate of return required by investors to incentivize them t
    6·1 answer
  • What are three strategies that you can use to make better financial decisions?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!