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2 years ago

is the sum of all the values that customers exchange for the benefits of having or using a product or service.

Business

2 answers:

Romashka-Z-Leto [24]2 years ago

5 0

Answer:

the sum of the values that customer exchanged the benefits of having or using the game or a product service

Explanation:

I love you my baby

hafsa iman aakansha

snow_tiger [21]2 years ago

3 0

Price. It is the sum of all values that buyers exchange for the benefits of having or using a good or service. can be defined very narrowly as the amount of money charged for a product or a service. However, the price is really more than that.

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McBurger, Inc., wants to redesign its kitchens to improve productivity and quality. Three designs, called designs K1, K2, and K3

irakobra [83]

Answer:

McBurger, Inc.

The expected profit level of design K1 is $_42,500__.

The expected Profit level of design K2 is_19,063__.

The expected profit level of design k3 is_20,625__.

Explanation:

a) Data and Calculations:

Daily production units at a typical McBurger restaurant = 500 sandwiches

Yearly production units =150,000 (500 * 300)

Unit production cost of a sandwich = $1.20

Selling price of non-defective sandwich = $2.50

Design K1 Design K2 Design K3

Calculation of non-defective units:

0.80 * 90/100 * 150,000 108,000

0.20 * 70/100 * 150,000 21,000

0.85 * 90/100 * 150,000 114,750

0.15 * 75/100 * 150,000 16,875

0.90 * 95/100 * 150,000 128,250

0.10 * 80/100 * 150,000 12,000

129,000 131,625 140,250

Sales Revenue $322,500 $329,063 $350,625

Production cost (180,000) (180,000) (180,000)

Cost of design (100,000) (130,000) (150,000)

Expected profit $42,500 $19,063 $20,625

Sales revenue = Non-defective sandwiches * $2.50

Product cost = Production units * $1.20

Expected profit = Sales Revenue - (Product cost + Design cost)

6 0

2 years ago

What is an advantage of selling consumable items

Anna71 [15]

Consumers are constantly buying and eating over and over again.

4 0

3 years ago

Read 2 more answers

If a shortage exists in the market, the invisible hand will manipulate prices to maintain equilibrium by increasing prices and t

Nata [24]

Answer:

increasing prices and thereby raising future quantity supplied

Explanation:

To understand this question, we can use the help of a standard supply and demand plot. At price 0 there’s a shortage because the quantity demanded is greater than the quantity supplied. This will generate prices to go up until it reaches the equilibrium price, which in turn will generate quantities to go up. Thus the gap between quantity demanded and supplied, the shortage, will disappear

3 0

2 years ago

Which of the following describes the mission of an organization? a. Who are we? Who will we become? b. What do we stand for and

Llana [10]

Answer:

a. Who are we? Who will we become?

Explanation:

In Business management, a strategy can be defined as a set of guiding principles, actions and decisions that an organization combines so as to achieve its business goals, attract customers and possess a competitive advantage over its rivals in the industry.

Business strategy sets the overall direction for the business because it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan. The components of a business strategy includes the following;

I. Value.

II. Vision.

III. Mission.

A mission statement is typically a description of the overall goal or purpose for which an organization was established and what it hopes to achieve in the future.

Hence, the question of Who are we? and Who will we become? describes the mission of an organization.

6 0

2 years ago

The slope of the demand curve for a monopoly firm is:

VladimirAG [237]

Answer:sorry man, don’t know

Explanation:

8 0

2 years ago