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3 years ago

An organization that provides services or goods to consumers and needs to make a profit is a Response area.

Business

1 answer:

vekshin13 years ago

3 0

Answer:

Business (for profit organization).

Explanation:

A business (for profit organization) can be defined as a type of organization that is created to primarily generate more revenue than its operating costs by providing lawful and legitimate services to customers. By generating more revenue than operating costs, a business (for profit organization) is able to make profit.

Some examples of business (for profit organization) are privately owned establishments such as hospitals, hotels, restaurants, supermarkets, gas stations, etc.

Hence, an organization that is saddled with the responsibility of providing goods or services to consumers at a given price because it needs to make a profit is a business (for profit organization).

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After the purchase of a new car, Johanna Morales had the feeling that she made an awful mistake in terms of paying too much for

alukav5142 [94]

Answer:

Cognitive dissonance

Explanation:

Cognitive dissonance is a concept of social psychology and is described as the discomfort which is felt by a person who is having conflict in values and ideas. The people in this state feel guilt, embarrassment and anger. There is a motivational drive in humans to reduce the dissonance.

Leon Festinger developed theory of cognitive dissonance to predict and explain the peoples reaction to various situations. This theory states that people have prejudice to get agreement between what they expect and the reality.

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3 years ago

Rexford Corporation produces three products, with costs and selling prices as follows: Product A Product B Product C Machine hou

Alex787 [66]

Answer:

$9,400

Explanation:

For computing the maximum contribution margin we need to do following calculations

Contribution Margin

Product A = ($12 ÷3) = 4

Product B = ($5 ÷ 1) = 5

Product C = ($9 ÷ 2) = 4.50

So, the ranking order would be product B > product C > product A

Now

Total machine hours available = 2,100 hours

And,

Time for making 500 units of B

= 500 × 1

= 500 hours

For making 500 units of C, the time taken is

= 500 × 2

= 1000 hours

So the remaining hours left is

= 2,100 hours - 1,000 hours - 500 hours

= 600 hours

So, for A the manufactured is

= 600 ÷ 3

= 200

And, finally the Maximum contribution margin is

= (200 × $12) + (500 × 5) + (500 × 9)

= $2,400 + $2,500 + $4,500

= $9,400

7 0

3 years ago

True or false: if the sales comparison approach cannot be developed because of a lack of sales data, the cost approach cannot be

vfiekz [6]

This is very true, no explanation

3 0

2 years ago

) going to the wholesale club, one can buy toothpaste at a lower cost per unit as long as one buys 6 tubes at once. this is an e

sergejj [24]

The answer is imperfect price discrimination and this increase total producer surplus.

Imperfect price discrimination it is about the monopoly of pricing to get the customers. The seller applies a strategy to get the market from buying the products. Then set customers by the group, those who buy for wholesale gets a lower price than in retail.

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3 years ago

Is it possible to be a copywriter and art director?

mote1985 [20]

Yes if you actually try to become them

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3 years ago