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Sladkaya [172]
3 years ago
10

In the context of the competitive environment of a business, the best measure of value is the:

Business
1 answer:
VARVARA [1.3K]3 years ago
3 0

Answer:

C. size of the gap between product benefits and price

Explanation:

I will use a scenario to explain this. Let's say that there is 2 machines. Machine A and Machine B.

- The cost of Machine A is $10,000. You can make around 2000 units of goods with it.

- The cost of Machine B is $50,000. You can make around 5000 unites of goods with it.

From the sample above, we can say that machine B is definitely better than machine A in terms of performance. BUT, machine A held more value compared to machine B.

To produce 1 units of goods, you need to sacrifice around $5 with machine A. If you use machine B, you need to sacrifice around $10 for a single good

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The following 12%, $1,000 notes were issued on December 1. Which of the following is the correct method of calculation for the i
Aliun [14]

Answer:

A) Interest on a 4-month note is calculated as: $1,000 × 12% × 1/12.

Explanation:

Each note is worth $1,000

Each note carries a 12% interest rate

Only one month has passed since the notes were issues, so the time = 1/12

Therefore the interest accrued from December 1 to December 31 = note value x note's interest x time = $1,000 x 12% x 1/12 = $10

5 0
4 years ago
It's easier to develop a clear brand image and message for what sort of company?
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4 0
3 years ago
For an auto insurance company, the average cost of collision claims is $500 per year for careful drivers and $3000 per year for
Rainbow [258]

Answer:

option (c) $875 per year

Explanation:

Given;

Average cost of collision claims for careful drivers = $500 per year

Average cost of collision claims for for poor drivers = $3000 per year

Poor drivers known by the company = 15%

thus,

Careful drivers = (100% - 15%) = 85%

Therefore,

Insurance company's breakeven price for the collision insurance  

= (Poor drivers known × Average cost of collision for poor drivers ) +( Careful drivers × Average cost of collision claims for careful drivers)

= 0.15 × $3000 + 0.85 × $500

= $450 + $425

= $875 per year

Hence, the correct answer is option (c) $875 per year

8 0
3 years ago
A(n) ________ consists of people and procedures dedicated to assessing information needs, developing the needed information, and
dusya [7]

Answer:

correct option is C) marketing information system

Explanation:

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because marketing information system is consisting that procedure and the people dedicate to the assess of information need

and it develop the need of information which help in decision making to use information for generate

and the actionable customer

so here

correct option is C) marketing information system

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