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3 years ago

Describe 3 benefits to an organisation of producing high quality products

Business

2 answers:

adell [148]3 years ago

7 0

place product and price

Alina [70]3 years ago

5 0

1. Customer satisfaction increases as customers would be willing to buy the firm's products due to high quality and therefore this results in less or no customer complaints increasing brand loyalty for the business.

2. Competitive advantage achieved. This is where a firm is best at producing a product better than its rivals. When a business produced high quality products customers would choose to buy the firms products over competitors no matter how much the price is set at, as quality matters when purchasing goods.

3. Increased sales as customers look out to buy products which reliable and durable long lasting to be used thereby increasing profit margins for the business.

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Choose the preferred sentence from each pair and justify your choice.

den301095 [7]

Answer:

(2)

Explanation:

"Although" Implies that even though her request was denied, she will begin something else in two weeks. "But" makes it sound like a negative thing, even though it isn't

7 0

2 years ago

Weather speech is going to be delivered before one or 100 people this speaker should

melomori [17]

Be prepared for the worse, be expected for 100 or even 1000 people to show, even though it might not happen. Be prepared! Run your lines to the point to where they are drilled into your brain and most of all stay calm. You definitely do not want to have a panic attack while your giving your speech. Find a familiar face in the crowd and focus on them, if there are none, imagine everyone naked. Be energetic and do not drone on, make it exciting.
Good luck

7 0

3 years ago

Sara bought new lighting from a company and also hired the company to install new lighting for his business. The cost was going

lapo4ka [179]

Answer:

True

Explanation:

Contracts should be in writing because this guarantees that all the terms of the agreement are documented and the responsabilities of each party are stated. Also, contracts that involve the sale of goods with a value higher than $500 have to be in writing to be enforceable. So, according to this and considering that the total cost of the lighting is $5,000, it is true that the contract needs to be in writing.

4 0

3 years ago

Braxton's Cleaning Company stock is selling for $34.75 per share based on a required returmn of 10.4 percent. What is the the ne

mash [69]

Answer: Po = D1/Ke + g

$34.75 = D1/0.104 + 0.039

$34.75 -0.039 = D1/0.104

$34.711 = D1/0.104

D1 = 34.711 x 0.104

D1 = $3.61

Explanation: In this question. there is need to apply the formula for determining the current market price of a common stock. The current market price of a common stock is a function of next dividend capitalised at the appropriate cost of equity plus growth rate. in addition, we need to make the next dividend the subject of the formula.

5 0

3 years ago

ABC Ltd. uses EOQ logic to determine the order quantity for its various components and is planning its orders. The Annual consum

viktelen [127]

Answer:

The Total Cost of Inventory is $4,024,000

Explanation:

The computation of the total cost is shown below:

= Purchase cost + ordering cost + carrying cost

where,

Purchase cost = Annual consumption × Cost per unit\

= 80,000 × $50

= $4,000,000

Ordering cost = (Annual demand ÷ EOQ) × Cost to place one order

= (80,000 ÷ 8,000) × $1,200

= $12,000

Carrying cost = (EOQ ÷ 2) × carrying cost percentage × Cost per unit

= (8,000 ÷ 2) × 6% × $50

= $12,000

Now put these values to the above formula

So, the value would equal to

= $4,000,000 + $12,000 + $12,000

= $4,024,000

8 0

3 years ago