It means that the technology company will use the audit results to analyze risks. Thus option A is correct.
<h3>What is Audit ?</h3>
Audit refers to the checking of financial records of the company in order to ensure that the records are systematic and accurate. It is very helpful for the outsiders such as creditors, shareholders, government agencies etc as it provides the accurate information about transactions.
Mr. Chu will analyse the financial statements of the technology company an conclude about the risk involved in the company. Thus it helps in analyzing the risk. Therefore, option A is correct.
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Answer:
The correct option is A,devoting resources to researching and developing new products that will be more durable than competitors'
Explanation:
Creating sustainable advantage means that the company is able to do something very difficult for competitors to copy.
Sustainable advantage is not about cost reductions,is about a perceived value added to products or services not seen anywhere else.
If customers upload their designs for the company to produce, it does not necessarily mean the product is fit for purpose, as the company does not have full control over it.
Answer:
a. the increase in total resource cost associated with the production of one more unit of output.
Explanation:
Consider the following calculation
The MRC=TC at N inputs -TC at (N-1) inputs
The marginal resource cost is an addition cost of a new input hired.
Answer:
B. customer benefit
Explanation:
Based on the information provided within the question it can be said that the salesperson was using a customer benefit approach. This refers to when a salesperson states the ways and features that will make the product or service valuable to the customer. This is what the salesperson was doing in this situation by stating that the product can save the person time and money with it's features thus adding value.
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Answer:
The price of Android tablets will increase.
The demand for Android tablets will increase.
Explanation:
iPads and android Tablets are direct competition for one another.
So, when the average prices of an ipad goes up , some percentage of the <u><em>consumers will seek alternatives for similar product.</em></u> This is why the demand for android tablets will increase.
But, there is one more point to consider.
Online retailer tend to sell different brands of a similar product to its consumers. It is very likely that big retailers will sell both apple and andorid products in their store.
<u><em>if the price of Ipad goes up because of the change in the retailer's sale policies, that change will definitely affect the price of the android as well</em></u>
Because of this, The price of Android tablets will also increase. Even though the increase may not be as high as Ipad since they have lower baseline price/
