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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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Using percentages or ratios based upon unforeseen differentials in prices, Forward Pricing Rates Agreements (FPRAs) protect the

krok68 [10]

Rates for corporate outings is NOT an example of an FPRA rate

Explanation:

The FPRA is an agreement between an entrepreneur and a governmental agency in which some indirect charges are determined over a set period of time. All such rates are price forecasts used for cost agreements and contract changes.

By using an FPRA the contracting system can be accelerated by removing the need for audit and analysis of rates. The Contracting Officer (COO) oversees the prices of the contracting party. The ACO should always be asked any questions about the prices. After a FPRA is reached, a copies of the agreement should always be provided for in any ensuing proposal.

6 0

3 years ago

Pine Street Inc. makes unfinished bookcases that it sells for $58. Production costs are $38 variable and $10 fixed. Because it h

mars1129 [50]

Answer:

See explanation below

Explanation:

Option of selling unfinished bookcase

Sales

$58

Less Variable cost

$38

Contribution

$20

Less fixed cost

$10

Net profit

$10

Option of selling finished bookcases

Sales

$73

Less variable cost

Contribution

$66

Less fixed cost

$10

Net profit

$56

With regards to the above analysis, it is recommended that Pine street inc. Should go with the option of selling finished bookcases because it would yield the company the highest profit.

7 0

3 years ago

Copland submitted a piece for radio broadcast on cbs radio. it eventually became titled:

Dima020 [189]

The answer is that it eventually became titled as Prairie Journal.
CBS Radio stands for Columbia Broadcasting System radio and within CBS Corporation it is one of the oldest units. <span>The company was founded in 1972 that would become CBS Radio and it was founded as </span>Infinity Broadcasting Corporation.

3 0

3 years ago

Which of these factors would be considered when making a location decision at the region/community level?

Delicious77 [7]

Answer: E .

The three most important reason'sfor a firm to locate in a particular region are,RAW MATERIALS

PERISHABILITY

TRANSPORTATION COST

Hope it's correct,

8 0

3 years ago

In 2019, Carson is claimed as a dependent on his parents' tax return. Carson's parents provided most of his support. What is Car

lana [24]

The tax laibility as calculated is $1036.

<u>Explanation:</u>

a.) Carson earnings $14000

Less: the Standard deduction $12000

Taxable income $2000

Tax liability $200

b.) Carson earnings $14000

Qualified dividend income $5000

Gross income $19000

less: Standard deduction $12000

Taxable income $7000

Taxable income taxed at carson rate $2000

($7000 minus $5000)

Ordinary Tax $200

Kiddie Tax is calculated as follows:

Gross unearned income

unearned income $5000

Kiddie tax up to 2600 $260

Kiddie tax for over and above 2600 $576

$836

Total tax liability ($200 plus $836) $1036

7 0

3 years ago