Profit maximization is usually a main aim of most businesses in the private sector.
1) Usually people invest personal savings into starting businesses so that the return (aka profits) can be greater than the investment and they can earn a better living.
2) If profit is earned then the business would have enough money to pay dividends to its investors/shareholders, otherwise it wouldn’t have enough money to give as dividends and it will lose its investors.
3) Profit is required for the business to survive in competitive markets.
Answer:
A) we requiere to fulfill the Vitamint contrains or surpass them A => 12 C=>6
B) we request that instead of fullfilling the vitaming requirement to be 12/6 or more
to be exactly for this amount.
Explanation:
We set up the situation in excel Solver with the following constraing:
1 2 3 4
A 3 3 1 7
B 3 1 1 1
C 12 6 24
C2 = A1*A2 + B1*B2
C3 = A1*A3 + B1*B3
C4 = A1*A4 + B1*B4
common constraing:
C4 min
A1 = integer
B1 = integer
A) constraing
C2 => 12
C3 =>6
B) contraing to achieve the exact value for each vitamin:
C2 = 12
C3 = 6
well there is 10 key elements of a compensation package which are..
base salary
annual/ quarterly bonus
other bonus
stock options
stock units
401k contribution
health and wellness
life and accident insurance
other insurance
perks
Commit to buy more in the future
Last semester, Brita bought her textbooks over the Internet and saved a considerable amount of money. Classes start in a few days, and she needs to decide right away how and where to purchase her books. Brita will most likely engage in "limited problem solving" process.
<h3>What is limited problem solving process?</h3>
Limited issue solving is another sort of consumer problem-solving that consumers employ when they need information about unknown brands in well-known product categories or when they make sporadic purchases of goods; it takes a fair amount of time for information collecting and consideration.
The characteristics of limit solving process are-
- Limited issue solving is employed when consumers seek information about a new brand within a well-known product category or when they occasionally purchase products.
- When buying a new, expensive, or infrequently purchased goods, consumers engage in lengthy problem solving.
- Possibly when you need to find out information about an unusual brand in a well-known product area, takes a fair amount of time to gather information.
- Clothing is one example where it is known the product class but not the brand.
Therefore, in the given case- Brita lacks the time to thoroughly consider all of his alternatives. Additionally, he will likely follow suit this time around given his recent success purchasing books online (unless he waited too long and cannot receive his books in time).
To know more about steps in the problem solving process, here
brainly.com/question/10708306
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