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Mrac [35]
3 years ago
11

David works in a small manufacturing firm that makes customized office furniture. He feels it is important to work directly with

customers to design high-quality furniture that meets their needs. He believes that doing so would create more value for customers and provide a better relationship between the price of the product and its benefits. In the context of operations management, David most likely focuses on _____.
Business
1 answer:
sergij07 [2.7K]3 years ago
8 0

Answer:

effectiveness

Explanation:

You might be interested in
Development associates (da) agrees to buy five acres of land from eastside properties for $15,000. eastside fails to go through
Nana76 [90]
$2,000 is the amount of money that the Development associates may recover. When the Eastside fails to go through with the deal on the agreed date, when the market price of the land is $17,000 then the price of the land on the agreed date is only $15,000. So the DA may recover the $2,000.
8 0
4 years ago
Man is termed an 'economic animal' because he a) has the ability to understand economic activities b) lives a life which is gove
Vinvika [58]

Answer:

The conception of man as an economic animal is implied by the view that economic production is the determining “factor” or “sphere” of man or society. Against this conception can be put another, that of man as praxis. This takes account of man as a creative being, capable of realizing his freedom through his own activity. In this article the theory of the determining role of the “economic factor”, and the theory of factors in general have been examined. The economic interpretation of history, a variant of the theory of factors, has been acknowledged as partly true for the self‐alienated man and society, but the theory of factors in any variant has been found inadequate as a general theory of man, or society. The possibility of freedom cannot be reduced to the fact that the determining roles played by “factors”, vary, or to the hope that the economic “factor” can be subordinated to a “better” one. Man's freedom consists in his resolving the conflict of “factors”, and in realizing himself as an integral creative being, no longer split into independent and mutually opposed spheres.

Explanation:

that should help

5 0
3 years ago
Suppose you have $2,000 and plan to purchase a 10-year certificate of deposit (CD) that pays 6.5% interest, compounded annually.
Phoenix [80]

Answer:

<em>The future value of the investment will be $3,754</em>

Explanation:

<u>Future Value of Investment</u>

Suppose we have a principal P invested for a period of n years at an interest rate i compounded annually. The final value or future value FV of the investment can be computed by:

FV=P(1+i)^n

The case we are considering consists of a present value P=2,000 that will be used to purchase a n = 10-year certificate of deposit (CD). It pays i=6.5% interest. When the CD matures, 10 years from now its value will be

FV=2,000(1+0.065)^{10}

FV=2,000\cdot 1.877=3,754

The future value of the investment will be $3,754

8 0
3 years ago
The ACC Tutoring Service provides tutoring to accounting students.
anzhelika [568]

Answer:

$17,500

Explanation:

The computation of the fixed cost and the variable cost per hour by using high low method is shown below:

Variable cost per hour = (High tutoring cost - low tutoring cost) ÷ (High service hours - low service hours)

= ($125,000 - $55,000) ÷ (4,300 hours - 1,500hours)

= $70,000 ÷ 2,800 hours

= $25

Now the fixed cost equal to

= High tutoring cost - (High service hours × Variable cost per hour)

= $125,000 - (4,300 hours × $25)

= $125,000 - $107,500

= $17,500

5 0
4 years ago
A British firm may need dollars to pay for U.S. imports. It can work with banks in London to exchange pounds for dollars to make
Rzqust [24]

Answer:

The correct answer is Spot market.

Explanation:

The spot market or spot market is one in which both the transaction and the settlement of an operation coincide on the same date. Although it is considered cash market when delivery occurs up to a maximum of 2 days later.

In spot markets, transactions are usually settled within a day or two after the date of purchase / sale. This is what is understood as a settlement in D + 1 or D + 2. The transactions are also closed at the current price on the asset in question that exists at the time of the transaction. This is one of the main differences between the cash market and the futures market.

7 0
4 years ago
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