Answer:
variable costs; diminishing marginal returns
fixed costs; do not change
Explanation:
Variable costs are costs that changes with the level of output. If output increases, variable cost increases and if output falls,it falls. Examples of variable costs are wages, cost of production materials etc.
Fixed cost don't vary with production. Example rent.
They do not increase or decrease with production.
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The sequence of activities is related to THE FUNCTIONAL SIMILARITY METHOD of management process.
The functional similarity method is a strategy for dividing job activities. The management theory proposed four interrelated steps that managers should take when it comes to dividing job activities, the four steps are listed in the question above.
Answer:
a. the number of factors included in a marketing research study are not exhaustive.
Explanation:
Marketing research is highly effective as a tool for guiding marketing decisions, but it is necessary for the manager to rely on making decisions not only through research, but also due to his conceptual skills of seeing the organization in a systematic way, where there is a much greater breadth and more complex factors than just the information found through marketing research. The set of the manager's vision, experiences, analyzes and indicators is important for the most adequate assessment so that organizational marketing decisions are effective and achieve the company's objective.
Therefore, it is correct to state that the number of factors included in a marketing research study is not exhaustive.
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