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
tekilochka [14]
4 years ago
8

Describe 3 benefits to an organisation of producing high quality products

Business
2 answers:
adell [148]4 years ago
7 0

place product and price

Alina [70]4 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.


You might be interested in
Levelor Company's flexible budget shows $10,750 of overhead at 75% of capacity, which was the operating level achieved during Ma
zhannawk [14.2K]

Answer:

The controllable variance for the month was $1,709 unfavorable

Explanation:

Controllable variance: The controllable variance show a difference between actual overhead expenses incurred and budgeting operating level based on direct labor hour.

In mathematically,

Controllable variance = Actual overhead expenses - budgeting operating level based on direct labor hour

where,

Actual overhead expenses = $11,227

And, budgeted operating level based on direct labor hour

= budgeted operating level  × direct labor per hour

= 6,160 × $2.10

= $12,936

Now, put these values on the above formula:

So,

Controllable variance = $11,227 - $12,936 = $1,709 unfavorable

Hence, the controllable variance for the month was $1,709 unfavorable

6 0
3 years ago
Loganville Resources has variable overhead costs of $150,240 and fixed overhead costs of $145,600. They made 24,000 units that u
disa [49]

Answer:

Answer is C

Explanation:

3 0
3 years ago
Aggressive marketing in the context of format wars: a. does not encompass point-of-sales promotion techniques. b. deters early a
Dvinal [7]

Answer:

Helps a company jump-start demand

Explanation:

Format war in business is defined as competition for market dominance between producers of a particular type of technology with closely related functions.

Aggressive marketing are strategies employed to gain and ensure survival in a new market.

A typical example an aggressive marketing in the format war is selling a software at a low price but a relatively high price for support service.

One of the advantages is that it helps a company jump -stand demand among competitions

6 0
3 years ago
Which of the following is a reason to purchase bonds
Anna11 [10]

To receive a specific reliable return on your investment.

It is a specific return because it is pre-set and you know what you can expect to get up front. It is reliable because bonds are low risk and generally safe investments.

Low risk/low reward.

5 0
4 years ago
What is the next step after the irs accepts your return.
skad [1K]

Answer:

Refund

Explanation:

After acceptance, the next step is for the government to review your refund. During the review process, they look for math errors on your return (extremely rare in TurboTax) and check if you owe back taxes, unpaid child support, or other debts. If they need to make any corrections, they may offset (reduce) your refund.

6 0
3 years ago
Other questions:
  • Insurance can help you?
    14·2 answers
  • What is a projection?
    9·2 answers
  • Lochmere Corporation is evaluating a taxable bond at 7% and a municipal bond at 5.75%. What is the break-even tax rate?
    7·1 answer
  • Recently, the U.S. Supreme Court ruled that cities could have voucher programs that give money directly to parents, and the pare
    10·1 answer
  • The money left over after all of the business costs are subtracted is called the __________.
    12·1 answer
  • Assuming the staffers' personnel files have data on the Big Five, how could that data be used to inform the decisions about comb
    8·1 answer
  • This chapter states that most economists would probably maintain that new technologies are the single most important source of p
    9·1 answer
  • g For a number of years, General Motors used a pricing strategy designed to maintain at least 40 percent of the American car mar
    14·1 answer
  • Coming from a middle schooler about to go to high school in a few months what's the best way to introduce yourself without being
    11·2 answers
  • Recommend two ways in which women and children can be protected from discrimination and violence​
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!