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Nataly [62]
2 years ago
11

Determine whether an observational or experimental study is appropriate to address the following statement.

Business
1 answer:
VARVARA [1.3K]2 years ago
4 0

Answer:

Observational study

Explanation:

The appropriate study for a gas station owner who wants to find out whether customers are satisfied with the service they receive or not is "Observational Study."

Given that the Observational study is a type of research study or scientific investigation in which the researcher observes the effect of an action or activities such as risk factors, or outcomes without a direct impact on the intervention from the researcher.

In this case, the satisfaction of customers concerning the services they receive can only be observed by the researcher without influencing the services or how the customers perceived their level of satisfaction.

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Susan’s customers are always concerned about what they are receiving in exchange for what they are paying. They are concerned ab
liubo4ka [24]

Answer: Customer value  

         

Explanation: In simple words, customer value refers to the level of satisfaction that the consumer receives from purchasing a commodity. The level of satisfaction highly depends on the price that the customer gives for the commodity.

In the given case, the customer of Susan's were concerned about their utility satisfaction.

Hence from the above we can conclude that the correct option is C.

3 0
3 years ago
A private oil company is embarking on a joint pipeline project with the government. Which type of network will they set up for p
levacccp [35]
A Joint Venture is the type of network that the private oil company and the government should set-up to manage the project. In other business terms, joint venture between a private and a public entity is also known as a Public-Private Partnership. It holds both parties responsible for the tasks to be delivered at hand. There are contracts and agreements between the two parties to be made in order for the project to work and become successful.
7 0
3 years ago
Read 2 more answers
Appliance Possible Inc. (AP) is a manufacturer of toaster ovens. To improve control over operations, the president of AP wants t
joja [24]

Answer:

Appliance Possible Inc. (AP)

a) Flexible Budgets for productions level:

i) Production level of 90,000 units:

Unit variable cost = $13 $(7+4+2)

Total Variable Costs = 90,000 x $13 = $1,170,000

Fixed Costs = $225,000

Total Costs = $1,395,000

ii) Production level of 105,000 units:

Total Variable costs = 105,000 x $13 = $1,365,000

Fixed Costs = $225,000

Total Costs = $1,590,000

iii) Production level of 120,000 units:

Total Variable costs = 120,000 x $13 = $1,560,000

Fixed Costs = $225,000

Total Costs = $1,785,000

b) If AP sells the toaster ovens for $18 each, to make a profit of $309,000 before taxes, units to be sold are:

Break-even Point + Target Profit =  (Fixed Cost + Target Profit)/Contribution per unit

Contribution per unit = $18 - $13 = $5

= ($225,000 + $309,000)/ $5

= $534,000/$5

= 106,800 units

Explanation:

a) A flexible budget tries to change the level of output.  It is a technique used to assess performance under different volumes or activities.  It helps management to make the right decisions, given the fact that different levels of activity may call for different cost and revenue reflections.

b) To make a target profit, the fixed cost is added to the target profit and divided by the unit contribution.  This produces the number of units to be sold in order to achieve the target profit.

c) Contribution is the difference between the selling value and the variable costs.  It is the element that covers fixed costs and generates profit before taxes.

7 0
3 years ago
Which of the following would help reduce the amount of frictional unemployment? Choose one or more: A. Websites that advertise j
Natali [406]

Answer:E. Websites that advertise job openings across the country

Explanation:

Frictional unemployment is a natural kind of unemployment when people are out of jobs temporally maybe because they left their unfulfilling jobs or their residential area has changed after they got married .

Some will leave their jobs because they are no longer happy and they have saved enough to survive whilst still searching for the jobs.

Some will leave because they have to take care of their loved ones until those relatives get better and they can return to the working industry.

These people can make use of the website to search for their next job.

3 0
3 years ago
In order to offset the competitive disadvantage of FOB plant pricing, Texas Granite Company in Dallas could use _____ pricing to
ozzi

Answer:

Freight-absorption

Explanation:

Based on the information provided within the question it can be said that the Texas Granite Company in Dallas should use Freight-absorption pricing in this situation. This is a pricing strategy in which the seller takes responsibility for all the freight charges that the company incurs in order to attract the amount of business that they hope to achieve. Since company's that are looking to buy see 0 freight charges it becomes a deal since they are saving money as opposed to buying from another company that charges the freight charges to the buyer.

6 0
3 years ago
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