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3 years ago

Explain how the costs of poor quality can affect competitiveness.

1 answer:

8 0

The competitiveness of a good usually depends on two key factors: its price, and its quality. While poor quality goods are less competitive from a quality perspective but poor quality goods are usually cheaper to produce resulting to a lower final price. So overall, the lower the cost and the higher the quality the more competitive a good is.

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In personal selling, the relationship must continue for a long time, as the salesperson responds to new requests for information

Ierofanga [76]

Answer:

Presentation

Explanation:

There are six steps in making a successful sale. The first step is prospecting and Qualifying and the last one is following up on the sale.

Personal selling is the sale in which the seller makes a face to face presentation to the customer. Sales jobs range from the salespeople at the clothing stores to the engineers with MBA's who design complex systems for the manufacturers. The importance of personal selling is that it provides a detailed explanation of the product and the sales message can be varied as per the interests of the prospective customer. The size of the personal sales force can be varied as per the needs. In the above question, the salesperson responds to new requests of the customer, which is an important part of personal selling.

4 0

4 years ago

One of the most important factors for economic growth to take place is that a society must A. consume less than they produce. B.

STALIN [3.7K]

Answer:

Option A: consume less than they produce.

Explanation:

Economic Growth is simply defined as how much a country's GDP grows in one year.

GROSS DOMESTIC PRODUCT also known as GDP is said to be the total value of the goods and service that are produced in that country within one year period.

The higher a county's GDP, the better standard of living for the people within the country. It can get better if a country produce more. for a country to have a higher GDP, it must invest in human capital through education and training, it must produce goods that have value to be sold within the country or exported and others.

4 0

3 years ago

Abba, Inc. has developed the following standards for one of its products: Direct materials - 1/2 pound at $6.00 per pound Direct

Sergeu [11.5K]

Answer:

The answer is $11 per unit.

The standard cost card for this product would show a cost per unit of $11.

Explanation:

The workings are attached.

The formula used is as follows:

<u>Standard cost per unit of a product = direct material per unit + direct labor per unit + variable overhead per unit + fixed overhead per unit.</u>

<u></u>

6 0

3 years ago

The moisture content of cocoa liquor is closest to:

Dafna1 [17]

The moisture content of cocoa liquor is closest to the cocoa bean itself. From which it is produced. Contains both cocoa solids and butter equally.The used oc moisture analyzer is to confirm moisture content rather than control it.

8 0

4 years ago

LaQuesha Jackson has made a considerable fortune. She wishes to start a perpetual scholarship for engi- neering students at her

jarptica [38.1K]

Answer:

A) EUAC = 38625.09 / 3.4869 = 11077.354

B) $83225.79

Explanation:

A ) Determining the EUAC of providing the scholarship

EUAC = sum of present values / sum of present value factors

present value is calculated as ( p ) = year * present value factor

the present value factor for the various(4) years are : ( 1.000, 0.9091,0.8264,0.7513 ) = 3.4869

present value for the 4 years =( $10000 , $9,090.91, 8264.46, 11269.72 )

total = $38625.09

therefore EUAC = 38625.09 / 3.4869 = 11077.354

B ) THE MONEY LAQUESHA MUST DONATE

interest rate for perpetuity = 1.10 ^4 - 1

= 1.4641 -1 = 0.4641

therefore amount to be donated = total present value / interest rate for perpetuity

= 38625.09 / 0.4641 = $83225.79

3 0

3 years ago