Option B, Company B uses just in time inventories and produces made to order products as and when customer demand rises.
<u>Explanation:</u>
A cost leader is the business unit that induces the cost increase. Cost driver is any factor that causes an operation price transition.
Examples of cost drivers are: direct work hours of labour.
The analysis of the value chain can assist companies in different ways.
This can create changes within a company, the goods, services and links it offers to other companies and customers. The US Postal Service (USPS) describes that the aim of the assessment of the value chain is to "make value that exceeds the cost and produces gross margin."
Answer:
False
Explanation:
There is a huge difference between Diminishing marginal utility and law of diminishing marginal rate of technical substitution. The diminishing marginal rate of utility is used to construct short-run production function and it is based on cardinal utility. Correspondingly, the law of diminishing marginal utility is used to construct long-run isoquants and isocost curve, and it represents ordinal utility.
Answer:
Sabrina’s Soccer has a comparative advantage over Stan’s Sporting Goods because Sabrina’s Soccer has a lower opportunity cost.
Answer:
large revenue opportunities are often found in foreign markets.
Explanation:
With regard to the promise made for an exporting purpose we get to know that there is a big opportunities with respect of generating high amount of revenue and the same could be founded in the foreign markets
Therefore as per the given situation, the above option represent the answer
and, the same should be applied
Or think about it it’s easy
