Because your basically loaning the bank your money for them to use and they pay you a fee.
Answer:
Output = 4%*3000 * $70 * 3
Output = $25,200
Labor hours productivity = Output / Labor hour
Where Labor hour = 3 * 40 hours = 120 hours
Labor hours productivity = $25,200 / 120 hours
Labor hours productivity = $210 per labor hour
Multi factor productivity for this operation = Output / Multi factor input
Where Multi factor input = 120*$25 + $1,000 + $9,000 = $13,000
Multi factor productivity for this operation = $25,200 / $13,000
Multi factor productivity for this operation = 1.938462
Multi factor productivity for this operation = 1.94
Answer:
Form Utility
Explanation:
Keithet Corp. is utilising the materials from the plastic waste. The utility is the process which is used for increasing the product attractiveness for the consumers through altering the physical appearance. This will involve making a product through converting it to a form which is beneficial to consumers. Therefore, the corp. uses the plastic blocks which is a substitute the bricks, to plastic nails for the carpentry.
Answer:
Intensive.
Explanation:
In this scenario, Mike is driving over to his girlfriend's apartment and decides to buy some gum. He could stop in a gas station, go to any grocery store, go to any discount store, or even buy some out of a vending machine. The reason Mike has so many options to buy gum is because chewing gum companies strive for intensive channel coverage.
An intensive channel coverage is a sales method which is typically focused on providing varieties of sales outlets or channels for customers to buy their desired products.
Companies operating under the intensive channel coverage, are usually aimed at saturating the market with their products, by using all available sales outlets.
<em>Hence, Mike had so many outlets where he could buy gum from because chewing gum companies strive for intensive channel coverage in order to reach out to potential customers. Other examples of companies that use the intensive coverage channel are cigarette, beer etc. </em>
