The needs are also what we call to be the requirements of the
human beings that are essential and whose. These include, for the case of
FedEx, the need for self-expression and also the need for the customer to be
served in a means that makes him or her to fit in to a certain social class.
Wants are what we call to be temporary and hence changes
regularly and are only directed by our surrounding towards reaching certain
needs. For the case of FedEx, wants include customer’s want to have immediately
needed materials and goods/products that are needed on very short notices.
<span>Demands happen when a customer is capable to sacrifice some
money so as to be content with a need or want. These include for example the
demand to be provided with export and import services, tracking packages etc.</span>
<h2>Law providing incomplete answer</h2>
Explanation:
1. Lack of competition
: This is not the right answer because no business culture will be set up in such a manner to decrease the level of competition. Because employees needs to be competitive for bringing success to the organization.
2. Law providing incomplete answers
: This is the right answer.
3. Stagnant or decreasing profit: Business always focuses on profit. So this
4. Lack of strong leadership
: Any business culture will only uplift the leadership to both promote individual and the organization.option stands invalid.
Under what circumstances might they change their portfolios, moving their funds out of bonds into bank accounts? In general, people place their funds in those investments which provide them the highest returns.
The answer to this question is "OUTCOME FAIRNESS". Such as in addition to compensation, the customers expect OUTCOME FAIRNESS. In other words, the customers expect fairness in terms of policies, rules, guidelines, and timeless of the complaint process. Therefore, the answer is the last item in the choices which is outcome fairness.
Answer:
d.$18,900
Explanation:
Gross Profit is the net of Sales value and production cost in the period for the units sold. Under absorption costing all the direct and indirect costs incurred in the production of products are included in the total production cost. As the cost is available for 100 units produced we need to calculate the cost of 90 unit and deduct this cost from the sales value to determine the gross profit and then deduct the operating expenses to calculate the operating income.
Sales (90 units) $90,000
Less: Production costs:
Direct materials ( $40,000 x 90/100 ) $36,000
Direct labor ( 20,000 x 90/100 ) $18,000
Variable factory overhead ( 2,000 x 90/100 ) $1,800
Fixed factory overhead ( 7,000 x 90/100 ) <u>$6,300</u>
Total Production cost <u>($62,100)</u>
Gross Profit $27,900
Less Operating expenses:
Variable operating expenses $8,000
Fixed operating expenses $1,000
<u>($9,000)</u>
Operating Income <u>$18,900</u>
