Answer:
A. Businesses are able to sell products to customers around the world.
Explanation:
<span>It is less important to account for factors like warranties and durability when purchasing a C. nondurable good.
Durable good, long-term product, and a very expensive product require you to have warranties and durability because then you can have it fixed if they get broken. However, with nondurable good, you already know that it isn't going to last long, so there is no need for such things.
</span>
Answer:
False
Explanation:
The Boston Consulting Group’s Growth-Share Matrix is a business planning tool that evaluates the potential of brand portfolios and alternative strategies.
The BCG matrix framework classifies a brand portfolio into four categories based on industry attractiveness (industry growth rate) and competitive position (<u>product market share</u>).
The four categories are:
- question marks
- stars
- poor dogs
- cash cows
Answer: c---$6,800
Explanation:
Annual Demand = Weekly Demand x Number of weeks in operation
= 600bottles x 50 = 30,000 Bottles
a)Annual ordering cost = (Annual Demand /Quantity) X Ordering cost= (30000/500)*30 = $1,800
B) Holding cost per unit = Purchase Price per bottle x Holding cost percentage
= $50 x 40% = $20 per unit
Annual Holding cost = Average Inventory x Holding cost per unit per annum
But Average Inventory = Size of order / 2 = 500 / 2 = 250 Bottles
Annual Holding cost =250 x $20 = $5,000
Therefore, total ordering and holding cost per year
= $1,800 + $5,000
= $6,800
Answer:
These claims are definitely sound due to the fact that whenever any demanded thing is sold privately or illegally, the price of that particular thing is always higher.
Hence, when the drugs are legalized , this means that anyone can purchase them from several location, hence, this will reduce the price of the drug as it will now be common and will increase the quantity demanded of the product as well because the people who once were not able to afford that drug due to being expensive, can now easily afford it.
Good Luck
Hope this clear things up.