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tatiyna
3 years ago
13

What happens to price when the cost of resources rise or fall?

Business
1 answer:
ziro4ka [17]3 years ago
8 0
Price: The value of goods and services that consumers need to pay in order to get it

Cost: The money needed to manufacture a good

So, if the manufacturing costs increase, the Yota expenditure is also likely to increase. As producers want to maintain or even increase profit margins to satisfy shareholders, the price they set for consumers are also likely to increase.

On the other hand, if there is a decrease in cost of resources, the producer is likely to produce more at every price level. Therefore, lowering the price. It is the law of supply.
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Read the following selection, and answer the following question.
pshichka [43]

Answer: The answer is given below

Explanation:

1. False

The is not an effective beginning for the letter. From the question, we can see that the person needs invoicing process information. The best beginning will have been "Based on your request to know about the invoicing process information ....

2. B. Satisfy the inquiry and take the opportunity well introduce another product as well.

The technique that should be used to promote a business when responding to a customer's inquiry is by first satisfying the inquiry. This is done by giving a detailed and correct answer to the question that is asked by the person. After satisfying the person, then another product can be introduced to the person. The person will be willing to listen after his curiosity or inquiries gas been satisfied.

3. The strategies that a direct response message should use are:

A. List answers to the customer's questions in the order asked.

B. Close pleasantly with a forward looking statement

C. Place the most important information first.

When replying direct messages, the most vital information should be put at the top so that it could easily be seen by the customer and answers should also be provided to the questions asked by the customer based on the way that the customer asked the questions. This will make the reply logical and easily comprehendible. Lastly, the closing remarks should be pleasant, and positive.

3 0
3 years ago
From theory, what are some communication channels and barriers? Now from professional experiences, what are some communication c
Ira Lisetskai [31]

Answer:

Communication channels are the channels with which information are passed from one to person to another. Messages and ideas are exchanged using these channels to complete the communication process.

Explanation:

Types of communication channels are:

Email

Social media

TelephoneTelevision

Radio

Face-to-face communication

Oral and written communication

Verbal and non-verbal communication.

Communication can be through the use of words or without words, such as the use of signs and gestures. Communication can take place physical and otherwise.

Barriers in communication this are the things that create disturbances in sent messages and thereby causing a misunderstanding between the sender and receiver.

Barriers are:

Poor communication skills: when an individual communication skill is weak, such individual lacks the confidence to communicate effectively in front of others.

Noise disturbance: Noise disturbance is a barrier that hampers the clarity of a message.

Language barriers: The language barrier occurs when there is diversity in an organization workforce. languages or accents differ fromLanguage to language same as cultures.

Perception differences: This occurs when the senders point of view and receivers doesn’t match up which results in lack of understanding.

Wrong pronunciation of words and poor usage of vocabulary: By not pronouncing words accurately and correctly, wrong message might be passed.

the communication channels in a professional settings are:

Formal communication: the use of written letters and e-mails to colleagues, senior management, or the exchange of thoughts through official presentations before board members.

Informal communication: this kind of message channel exist between acquittances people we are familiar with. Any style and words not suitable in formal communication mode can be used here.

Barriers at the professional level are:

Organizational Hierarchy: due to the long chain of hierarchy or it passes through this alters the original message.

Lack of knowledge of non-verbal communication: Body language, gestures and postures are essential factors of communication as a wrong gestures and postures communicate false messages.

Low confidence level: For am individual to be able face a crowd and pass effective communication he needs his confidence level high.

Clarity in the message: The message been passed must be clear, concise and simple. Free of grammatical and spelling errors.

High confidence level: a confident speakers communicates easily, which his message easy to grasp and understand.

Feedback: for a communication process to be complete the receiver must give a feedback.

Good communication skills:

1. Practicing like they say practice makes perfect.

2. Proper pronunciation of words.

6 0
3 years ago
Two car manufacturers, Saab and Volvo, have fixed costs of $1 billion and marginal costs of $10,000 per car. If Saab produces 50
igomit [66]

Answer:

Explanation:

First, write down Total fixed cost for each;

Fixed cost; Saab = $1,000,000,000

Fixed cost; Volvo = $1,000,000,000

Next find the Total Variable cost (TVC)

TVC = # of cars per year * marginal cost per car

Saab ; TVC = 50,000* $10,000 = $500,000,000

Volvo ; TVC = 200,000* $10,000 = $2,000,000,000

Average production cost = (Fixed cost + total variable cost) / # of cars per year

Saab = ($1,000,000,000 + $500,000,000)/ 50,000 = $30,000

Volvo = ($1,000,000,000 + $2,000,000,000)/ 200,000 = $15,000

6 0
3 years ago
What are doctors paid by in the US and in the UK?
Wewaii [24]
Hope this helped you
5 0
3 years ago
Read 2 more answers
Creighton Bicycles and Repair conducted a survey and discovered that among customers who had tried both bike shops, its successf
Effectus [21]

Answer:

Creighton Bicycles and Repair

This information would be most helpful to introduce to employees during Unfreezing stage of Lewin's change model.

Explanation:

The unfreezing stage is the best time to introduce information that challenges the status quo because it will help to prepare Creighton Bicycles and Repair employees to accept that change is inevitable.  Creighton Bicycles and Repair should not be satisfied with 75% when it can attain 100% preference for its cross-town competition and other measurable indices.  The unfreezing stage convinces organization people that things must change.  This information cannot be introduced during the change stage or the refreezing stage.

 

5 0
2 years ago
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