Answer:
A. The grocery department of a Walmart Supercenter or Target Superstore
Explanation:
- A profit center is a type of business where the business is expected to make into valuable contributions, a profit center can be treated as a separate business of the company.
- The profits and losses for that center are calculated separately. Examples of profit centers include the store, sales organization, or consulting organization.
Answer: The answer is True.
Explanation: The Buyer Decision process has 5 phases and they are as follows:
1. Need recognition phase, where the buyer recognizes that they have a need to fill.
2. Information search phase, where the buyer seeks information on the best options to meet their needs.
3. Alternative evaluation phase, where a buyer evaluates the alternative enterprises that can best meet their needs.
4. The purchasing phase, where a buyer makes the decision to purchase the product or service of the best alternative, based on the evaluation in phase 3.
5. Post-purchase behavior phase where the buyer will either be happy with the product or service or will regret buying the product or service. Often, the buyer will advice other people to either buy or avoid buying that product or service, based on their experience.
Answer:
Explanation:
A) Energy can be both a fixed cost and a variable cost for a company. This is due to the sense that energy in the form of fixed electricity bill even when no production takes place (telephone bill), a fixed cost and electricity bill when production takes place would be a variable cost
B) An increment in fixed cost will shift the ATC curve to the right while the MC curve would remain the same because MC is the change in variable cost as output increases and is not related to fixed cost.
C) Corn cost is a variable cost for ethanol producer as each unit of corn is used to produce ethanol and thus use of corn is reliant upon how much ethanol is produced. This makes corn a variable input dependent on the production of output, therefore, the cost of corn is variable.
D) An increment in the variable cost will shift the ATC curve to the right and individual MC curve to the right.
You are responsible for implementing activities for a group of six foreign students and eight American students who are they
Answer:
a. Maturing of a product
When the product reaches its maturity stage, its sales volume reduces considerably. This would require different marketing strategies like product enhancement, price changing or developing new designs, etc.
b. Technology innovation in the manufacturing process
This will cause many changes in the strategy as technological innovation would reduce manual labor cost. Also, the organization would need skilled employees to deal with the new technology.
- Cost cutting is instituted.
- Product changes decrease.
- Design compromises are instituted.
- Labor Skills decrease
- Optimum capacity may be achieved
- Manufacturing process stabilizes
