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ad-work [718]
3 years ago
6

While designing goods and services, which of the following steps follows the customer benefit package (CBP) design and configura

tion stage?
a. Marketplace evaluation
b. Detailed goods, services, and process design
c. Strategic mission, analysis, and competitive priorities
d. Market introduction
Business
1 answer:
Jet001 [13]3 years ago
8 0

Answer:

b. Detailed goods, services, and process design

Explanation:

The designing of goods and services involves various steps:

The steps are as follows:

Step 1 and 2 is option c.

In this strategic mission is defined as defining the aim and strategy to achieve the target of producing goods with such specification.

Step 3 is customer benefit package

In this the company identifies the benefits a customer will have from such package and how desiring those customers would be for such package.

Step 4 is option b.

In this the detailed version of the goods individually and that of the package is created in order to provide the best to customers.

Step 5 is option d.

In this the study of market is done, and that how market will respond to the products introduced.

Step 6 is option a.

In this the proper evaluation of what was estimated and what the actual results of this product in market is done.

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The definition of income effect is best defined as: ___________. Select the correct answer below: The state in which the ratio o
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Answer:

The idea that a higher price means the buying power of income has been reduced.

Explanation:

The income effect is defined as the change in consumption of goods of services after a change of income. If income grows, it is expected that the consumption of goods and services will also grow (this can be measured by the marginal propensity to consume), and viceversa.

If prices rise, the buying power of income will be reduced even if income has grown. If prices rises even more than income, the buying effect of income will fall even more. This two statements can be both explained by the income effect concept.

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4 years ago
Finance professionals make decisions that fall into three distinctive areas: corporate finance, capital markets, and investments
lianna [129]

Answer:

corporate finance

capital markets

investments

Explanation:

Corporate finance is a branch of finance that is concerned with how companies manage their sources of funds, capital structure and make investment decisions.

Ethan must make a decision on how to minimise cost so as to acquire more assets. the purchase of asset is an investment decision. the area of finance here is corporate finance.

Capital market is a market where buyers and sellers come together to buy and sell financial securities.

There are two types of capital markets :

  1. Primary market - new issues of stocks and securities are traded in this market.
  2. Secondary market -previously issued securities are traded in this market.

Radford is selling a newly issued common stock. He is engaged in the primary market of the capital market

Investment is an asset purchased that has the potential to increase wealth or income of the purchaser.

For example, the purchase of of securities has the potential to increase the wealth of the holder.

Aakash is involved in investment

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3 years ago
Morgan, Inc. uses a perpetual inventory system and the net method of recording purchases. On May 12, a merchandise purchase of $
klasskru [66]

Answer:

e. Merchandise Inventory Debit 19,982

           Accounts Payable Credit                  19,982

Explanation:

In a perpetual inventory system, the inventory account is used to record purchases and cost of goods sold. Inventory counts are conducted on periodic basis and the inventory quantities  are matched with inventory records and any differences are adjusted.

Since Morgan Inc. also uses the net method to record purchases, any discounts allowed are considered to have been received.

In this question, the terms are 3/10, n/30 which means that a 3 % discount is allowed on payment within 10 days and if not then the payment has to be done within 30 days.

Considering a 3 % discount on the purchase value of $ 20,600, the entry to be recorded shall be at a value of $ 19,608 (20,600-618)

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3 years ago
President Obama addressing the recent graduates in a commencement exercise is an example of
viva [34]
The answer is d. If he is addressing it publicly. ?
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3 years ago
Question 1 (10 points) You are faced with a problem. You want to go to the movies with your friends and see the latest action fl
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The dilemma is to decide whether to ignore mother's orders or comply with them in this situation.

<h3>What is Opportunity Cost?</h3>

Opportunity Cost refers to the losses incurred on leaving the other possible alternatives in the decision making and choosing the one. It is the value of the best alternative choose in the process of the decision making.

In the Above situation,the individual would enjoy with friends if he goes to watch the movie However it can lead to trouble with his mother.

However, if individual does cleaning of the lawn; the price would be the fun you would have to forgo.

The best course of action would be to obey your mother because the consequences of doing otherwise are much worse.

Learn more about Opportunity Cost here:

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