<h2>Choices companies give customers of the features to be included on the products they purchase are known as "options".</h2>
Explanation:
Options are nothing but an enhanced version of the basic product.
There are 'n' number of examples which can be given and I am listing few.
Example 1: Shampoo
Shampoo is the basic product, adding on to it with little conditioner effect and fragrance enhance the existing model and customer likes the enhanced feature / option.
Example 2: Automobile products
A basic automobile with rear mirror, seat cover, carpets, etc to attract customer.
Example 3: Mobile phones
Almost all the customers look mainly for the features and they get attracted towards the purchase only by reading the features.
Features are added to keep the product live in the market.
Answer: heavy promotion and low (exclusive) availability
Explanation:
The wrong combination is high promotion and low availability, because when a product is highly promoted it would lead to high interest in that product from the consumers, this would lead to a high demand for that product from customers. And this high demand needs to be met with high supply, which is not the case here, therefore scarcity would set in.
Answer:
True
Explanation:
Because in Friedman's view making profit is the only social responsibility of the company. He said this because in his view the company has to earn profit for investments and if the company makes investments, it would create jobs and increased exports. So this means this is the best social responsibility in context of a economist, the company can pursue.
<span>If you cause a car accident, which type of insurance will require you to pay the least out of pocket? A low deductible plan. When you have a low deductible plan, you are going to pay less out of pocket because you will likely meet your out of pocket max in a short timeframe. When you meet your out of pocket max, you hit your deductible amount that needs to be paid by you and then your insurance will handle the rest. </span>
Answer:
t= 0.4138
Explanation:
First, we need to accommodate the information:
Sales= 10,000
COGS= 6000 (-)
Gross profit= 4000
Operating, selling, general and administrative expenses= 2300 (-)
Net operating income= 1700
Interest= 250 (-)
Earnings before taxes= 1450
TAX= 600 (-)
Net income= 850
t= ?
t= 600/1450= 0.4138
