1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Phantasy [73]
3 years ago
5

Which of the following best describes goods production? (1 point)

Business
2 answers:
sleet_krkn [62]3 years ago
6 0

ANSWER: B) activities producing tangible products, such as radios, newspapers, buses, and textbooks

EXPLANATION: Goods production refers to the production of tangible articles from tangible raw materials as well as from intangible inputs such as ideas, knowledge and information, which will have a commercial value and will be beneficial for consumer use and exchange value. Such examples are Radios and Buses which are produced from tangible raw materials and Newspapers and Textbooks which are produced from Information and Knowledge gathered.

OLEGan [10]3 years ago
4 0

<u>The goods production refers to activities producing tangible products, such as radios, newspapers, buses, and textbooks. </u>

Further Explanation:

Justification for the correct and incorrect answer:

Activities producing intangible and tangible products, such as entertainment, transportation, and education: This option is incorrect.

The activities that produce tangible and intangible products are known as Service operations or service production. It includes the production of education and transportation.

Activities producing tangible products, such as radios, newspapers, buses, and textbooks: This option is correct.  

The activities that produce tangible products are known as goods operations or goods production. It includes the production of buses, magazines, and cars.

Production processes in which resources are broken down into components to create finished products: This option is incorrect.

The process of breaking down into components to create finished products is known as operation.

The systematic direction and control of the processes that transform resources into finished projects that create value and provide benefits to consumers: This option is incorrect.

The operation management is the process by which the resources are transformed into finished goods that will create value for the consumers.

Learn more:

1. Demand and supply diagram

brainly.com/question/2195487

2. Demand curve

brainly.com/question/8794304

3. Forecasting human resources supply

brainly.com/question/6123400

Answer details:

Grade: High School

Subject: Business Studies

Chapter: Operation Management

 

Keywords: goods production, intangible and tangible products, such as entertainment, transportation, and education, such as radios, newspapers, buses, and textbooks, production processes,  resources are broken down, components, finished products, the systematic direction, and control, create value, benefits to consumers.

You might be interested in
In which of the following market structures would X-inefficiency be most likely to exist?Perfect competition.Monopoly.Oligopoly.
Mademuasel [1]

Answer:

Monopoly

Explanation:

Monopoly is a market structure where only one firm controls the market share and earn abnormal profits. In a monopoly market, a producer or a supplier earn abnormal profits, which is why they don't try to control the cost of production because they can sell the good at any price. This situation where the cost of production increases, it creates X-inefficiency.

6 0
3 years ago
When you encounter an organization where employees are quite intense, focused, and determined to win, you have encountered an or
vlada-n [284]

Answer: When you encounter an organization where employees are quite intense, focused, and determined to win, you have encountered an organization with a(n) <u>Mercenary</u> culture.

<u>Explanation:</u>

Mercenary is one who always works for money not for achieving any organizational goal. Mercenary culture is one in which employees have the same thinking. Employees are not friends with each other. It is the culture in which everyone thinks of his benefit. People are more determined to win even if they have to sacrifice their ethics.

So this type of culture is not very successful in the long run. Because everybody works for his or her advantage. For an organization to be successful everyone has to work together keeping in mind the benefit of other employees also.

5 0
3 years ago
In the 4e framework, dell understands the importance of _______, which leads to action, the potential for a relationship, and po
zheka24 [161]
The answer to this question is: engagement
In business terms, engagement refers to The emotional commitment that each employee has towards the company where they work.
Company with high engagement level often produce more employees that willing to take initiative and sacrifices in order to obtain company's goals
4 0
3 years ago
At Fantastic Flavors, a large regional chain of candy stores, employees from marketing, design, production, and finance departme
Advocard [28]

Answer:

From this description, it can be inferred that Fantastic Flavors uses a(n) Team-based new-product developmen approach

Explanation:

Team-based new-product development is an approach to developing new products in which company departments work closely together in cross-functional teams, overlapping the steps in the product development process to save time and increase effectiveness

7 0
3 years ago
Smiley Industrial Goods has $1,000 face value bonds on the market with semiannual interest payments, 13.5 years to maturity, and
Snezhnost [94]

Answer:

Annual Coupon rate =  66.56990711 / 1000 = 0.06656990711 or 6.656990711% rounded off to 6.66%

Option B is the correct answer

Explanation:

To calculate the price of the bond today, we will use the formula for the price of the bond. We assume that the interest rate provided is stated in annual terms. As the bond is a semi annual bond, the coupon payment, number of periods and semi annual YTM will be,

Coupon Payment (C) = C

Total periods (n) = 13.5 * 2 = 27

r or YTM = 0.064 * 6/12 = 0.032 or 3.2%

The formula to calculate the price of the bonds today is attached.

We will first calculate the value of semi coupon payment  made by the bond.

1023 = C * [( 1 - (1+0.032)^-27) / 0.032]  + 1000 / (1+0.032)^27

1023 = C * 17.8994796  +  427.2166529

1023 -  427.2166529  =  C * 17.8994796

595.7833471 / 17.8994796  =  C

C = 33.28495355 rounded off to 33.28

The annual coupon payment will be = 33.28495355 * 2 = 66.56990711 rounded off to 66.57

Annual Coupon rate =  66.56990711 / 1000 = 0.06656990711 or 6.656990711% rounded off to 6.66%

4 0
3 years ago
Other questions:
  • A Nike women's-only store in California offers women's running, training, and sportswear products and also contains an in-store
    14·1 answer
  • Economic understanding and economic conditions do not affect a personal financial plan.
    9·1 answer
  • Colleen is a medical researcher at Octogen Pharmaceuticals. She called attention to the illegal marketing of a drug produced by
    11·1 answer
  • What is progressive discipline
    14·2 answers
  • Equipment purchased at the beginning of the fiscal year for $360,000 is expected to have a useful life of 5 years, or 14,000 ope
    8·1 answer
  • The administration of one test at one time to one group and intercorrelation of odd with even items is called:
    15·1 answer
  • The first to add me as a friend i will make you brianlyest
    15·1 answer
  • Comparing Three Depreciation Methods Dexter Industries purchased packaging equipment on January 8 for $249,400. The equipment wa
    6·1 answer
  • Is the value of all goods in an economy using current prices during the year that they were produced
    10·1 answer
  • List the five elements of a firm's macroenvironment, and illustrate how each element affects the firm.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!