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artcher [175]
3 years ago
14

Which of the following is an example of specialization?

Business
1 answer:
monitta3 years ago
5 0

Answer:

An example of specialization is;

A. Because of the high cost of labor, American companies have stopped most steel production and now import steel from other countries

Explanation:

Specialization in business is the strategy to focus on the production of a limited number of products or services based on comparative advantage, availability of resources and to improve efficiency, with the outcome of specialization include maximum possible productivity, advanced expertise, capacity for leadership in a field

The capital and labor intensive production of steel will make steel production at a location where labor cost is high less profitable than making the steel at a low labor cost location

The location of lower labor steel production that produces steel, is specialized in steel production, when it now supply steel to other locations where it costs less to buy than to produce steels.

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Which channel for consumer goods would be best if creators of products wanted to opt out of selling directly to consumers and in
lukranit [14]

The question is incomplete, it lacks options.

A. Producer to retailer to consumer

B. Producer to broker to wholesaler to retailer to consumer

C. Producer to consumer

D. Producer to agent to consumer

E. Producer to wholesaler to retailer to consumer

Answer:

Producer to retailer to consumer

Explanation:

Marketing channels can be described as the different mediums in which goods are made available to the consumers.

Selling through intermediaries is a marketing channel through which goods are supplied to the consumers through a middleman such as a retailer. These intermediaries helps a company to promote and sell their products in the market.

This type of marketing channel is known as an indirect channel of distribution.

5 0
3 years ago
Johanna Murray, a climate campaigner at The National Footprint Foundation, is known in her organization to be a campaigner of ca
Romashka-Z-Leto [24]

Answer:

A. Johanna was moved by the arguments put forth by the first speaker.

Explanation:

We start by first explaining the meaning of the concept anchoring bias. This would help us to pick the best answer for this question.

Anchoring bias can be described as a bias that exists when a person is heavily dependent on the first information they get or are offered.  Once the person sets this anchor, all the judgments that they make tends to be anchored around this information.

so from these options in this question , the one that substantiates on what an anchoring bias is option A.

Johanna was moved by the arguments put forth by the first speaker.

6 0
3 years ago
Please subscribe to my mom channel please<br><br>​
Alexxandr [17]

Answer:

I did it already

Explanation:

pls mark brainliest

6 0
3 years ago
An investor is analyzing the risk of a possible investment by producing three different scenarios. Under a pessimistic scenario,
pshichka [43]

Answer:

Scenario    R(%)   P      ER       R - ER    (R - ER)2    (R - ER)2.P

Optimistic   16    0.15   24.0    -17.2      295.84       44.376

Most-likely  12    0.60  7.2       -21,2     449.44        269.664

Pessimistic   8    0.25  2.0      -25.2     635.04        158.760

                                ER 33.2                    Variance    472.80

Standard deviation of the return

= √472.80

= 21.74%

Explanation:

The expected return is the product of return and probability. The total expected return is the aggregate of individual expected return. R - ER is the difference between individual return and total expected return. Variance is (R - ER) raised to power 2 multiplied by probability.

8 0
3 years ago
In Florence Cement Company v. Vittraino, Florence sought to pierce Shelby's corporate veil and hold the principals personally li
noname [10]

Answer:

A

Explanation:

The Court of Appeals of Michigan reversed the trial court's decision and ruled in favor of Florence on the issue of piercing the corporate veil. The court took a tour of Shelby's company history, there was every indication that the principals treated their own liabilities as Shelby's liabilities and vice versa and intentionally undercapitalized Shelby,this caused Shelby to continually be insolvent, including at the time it contracted with Florence. Essad sworn statement was falsified in the final loan draw request to the bank, and this constituted use of Shelby for fraudulent purposes. Therefore, Florence satisfied the elements for piercing the corporate veil.

4 0
4 years ago
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