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bogdanovich [222]
3 years ago
14

The term value chain refers to the idea that a company is: Group of answer choices The producer of a series of customer-valued p

roducts that are linked together. A series of activities that transform inputs into products that customers value. A collection of various products and their attributes. One of a series of economic functions.
Business
1 answer:
wel3 years ago
4 0

Answer:

A series of activities that transform inputs into products that customers value.

Explanation:

A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks, etc.

The core benefit of a product can be defined as the basic (fundamental) wants or needs that is being satisfied, met and taken care of when a customer purchase a product.

Hence, the term that refers to the first level of a product, which depends on the customer value it generates is generally referred to as a core benefit. For example, a hotel provides a comfortable and convenient bed to spend the night (sleep) when you travel for a vacation.

On a related note, a value chain refers to the idea that a company is a series of activities that transform inputs into products that customers value.

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6.3) Annie Lennox recently took over a cleaning supply store. Her predecessor always ordered carpet shampoo in quantities of 100
nata0808 [166]

Answer:

Annie should increase the order size to 148 bottles per order and she will be able to save $91.85 per year.

Explanation:

we must calculate the economic order quantity (EOQ) in order to determine the size of the order that reduces costs:

EOQ = √[(2 x S x D) / H]

  • S = cost per order = $35
  • D = annual demand = 2,500 bottles of shampoo
  • H = holding cost per unit) = $8

EOQ = √[(2 x 35 x 2,500) / 8] = √(175,000 / 8) = √21,875 = 147.90 ≈ 148 bottles of shampoo

total cost when ordering 100 bottles = (25 orders x $35) + (100/2 x $8) = $875 + $400 = $1,275

total cost when ordering 148 bottles = (16.89 orders x $35) + (148/2 x $8) = $591.15 + $592 = $1,183.15

Annie will save $1,275 - $1,183.15 = $91.85 per year

7 0
3 years ago
What is the economic definition of​ utility? Utility is A. the sum of consumer and producer surplus. B. the change in enjoyment
KIM [24]

Answer:

The correct answer is option E.

Explanation:

The utility can be defined as the enjoyment or satisfaction derived from the consumption of a good or service. The main motive of a rational consumer is utility maximization.  

The sum of consumer and producer surplus is total or aggregate surplus.

The change in utility or satisfaction derived from the consumption of a commodity because of consuming an additional unit of good or service is referred to as a marginal utility.

The decrease in utility or satisfaction with the increase in consumption is called disutility.  

The difference between the maximum price a consumer is willing to pay and the price he/she actually pays is called consumer surplus.  

8 0
3 years ago
Read 2 more answers
A ________ rate means the value of the currency is fixed relative to a reference currency and then the exchange rate between tha
Harlamova29_29 [7]

Answer:

Pegged exchange rate system

Explanation:

In the pegged exchange rate system, a country ties its currency exchange price to that of a more widely used currency at a fixed rate. The US dollar is the most accepted currency for international trade. Countries that use the fixed exchange system peg their currency price to the US dollar.   The government will set a  fix the exchange rate of its currency relative to the US dollar value.

A pegged exchange rate is also known as a fixed exchange rate. A pegged or fixed exchange rate keeps the currency value within a narrow range. It gives certainty to exporters and importers and helps the government to keep inflation low.

4 0
3 years ago
Read 2 more answers
Packing efficiency of a crystal structure is the ratio of
ser-zykov [4K]
............................
3 0
3 years ago
Rank the steps of the (sandwich) ELISA procedure from first step to last step. Do not overlap any steps.
Anvisha [2.4K]

Answer and Explanation:

The ELISA refers to the enzyme-linked immunosorbent assay (ELISA) It is used to determine the existence of an antigen in a sample with the help of antibiotics

The ELISA procedure in sequence form is shown below:

1. The capture antibody is added and then clean it

2. Now adding the blocking buffer and then clean it

3. Now add the samples with controls, Hatch it and clean it

4. Add horseradish peroxidase (HRP) conjugated with the antibody, Hatch it and clean it

5. Add Thymidine monophosphate (TMP)

6. And finally, the last step is to record the results

8 0
3 years ago
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