Answer:
.A. knowledge
Explanation:
Business knowledge refers to an entrepreneur's understanding of customers' preferences, staff skills, business operations and processes, and overall market trends. When expertly gathered, business knowledge is an essential reference point for decision making. The information is useful for continued business growth and identification of new opportunities.
Market research is one way of gathering knowledge. Before the study, David appeared to be unaware of his customer preferences. Lack of business knowledge can lead to the loss of customers and the collapse of a business. Business owners can also gain knowledge through employee and supplier networks.
The Answer Is In Fact "Liquefaction".
Hope I Helped :)
Answer:
a. Concentric diversification
Explanation:
The concentric diversification is a diversification in which a company purchased or developed its new products that are closely related to that product in which the company is dealing in order to enter one or more markets
Here in the given situation, since the company produced that product that are same to their current markets so that they could enter into a new customer group so this represents the concentric diversification
Answer:
a. How much time would it take the two to complete the project if they divide the calculations equally and the slides equally? Briefly discuss.
Brian: 5 hours for PowerPoint and 5 hours for the calculations, total 10 hours.
Debbie: 10 hours for PowerPoint and 6 hours for the calculations, total 16 hours.
In total they would spend 26 hours combined.
If they divide the work equally, they will spend too much time.
b. How much time would it take the two to complete the project if they use comparative advantage and specialize in calculating or preparing slides? Briefly discuss
Brian will spend 10 hours doing PowerPoint slides and Debbie will spend 12 hours doping calculations. Total time spent 22 hours. By specializing they will save 4 hours.
c. If Brian and Debbie have the same opportunity cost of $5 per hour, is there a better solution than for each to specialize in calculating or preparing slides? Briefly discuss
Yes, Debbie could pay $50 to Brian so that he does everything in 20 hours. That way they can save 2 more hours.
To analyze a multiple flow process using a single flow, we must constitute a Good flow unit.
The three key performance indicators for business processes are flow rate/throughput, inventory, and lead time. In the definitions below, the term "flow unit" is often used. A flow unit is the basic unit of analysis in any scenario (customer, sandwich, phone call, etc.).
Flow Rate / Throughput: The number of flow units (customers, money, goods/services produced, etc.) that go through the business process per unit of time. B. Customers served per hour or parts produced per minute. Flow rate is usually the average velocity.
Learn more about cash flow here: brainly.com/question/735261
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