Answer:
One approach is to use the simple equation Value = Benefits / Cost. The plus side to this approach is that it is concrete and quantifiable. You can measure the profit consistently throughout the life of the product, charting changes in value over time.
The difference between a divine command view and authoritarian view is that the authority figure is different-Yes the statement holds true
Explanation:
<u>In a Divine Command of View</u>
we often come across statement like -"I would do what God or the scriptures say is right'
As per this point of view the right and wrong are determined by a supernatural supreme being, whose will we discern from sacred texts and divinely inspired messengers.
<u>Authoritarian View</u>
An example of Authoritarian view is sentence like " I would follow the advise of an authority"
According to this view the right and wrong is decided by the authorities.The power of taking decision rest in the hands of a particular authority.
Downside of this view is that : authorities do not always reflect wisdom and not all authorities agree.
As you can see that the difference between the two view point is the authority figure.So the answer is True
Answer: Managers and workers can view operational activities from a customer's perspective
Operation Managers can better ensure that the operational capabilities they create are consistent with the firm's strategy
Explanation:
Supply chain operations refers to the structures, systems, and processes that are put in place for the execution of the flow of goods and services from the supplier to the customer.
The outcomes when a manager views supply chain operations as a collection of processes rather than a collection of departments or functions include:
• Managers and workers can view operational activities from a customer's perspective.
• Operation Managers can better ensure that the operational capabilities they create are consistent with the firm's strategy.
Answer:
a. $6468
Explanation:
Calculation for the amount of the check
Based on the information given we were told that Oriole Company sells merchandise on account for the amount of $7800 to Sunland Company with credit terms of 2/13, n/30 in which Sunland Company returns the amount of $1200 of merchandise that was damaged which means that the amount of the check will be calculated as:
Amount of the check=[($7,800 - $1,200) *(100%-2%) ]
Amount of the check=$6,600*0.98
Amount of the check=$6,468
Therefore the Amount of the check will be $6,468
When the price of an inferior good falls, the substitution effect leads to an increase in the quantity purchased and the income effect leads to a decrease in the quantity purchased.
An inferior good is something consumers would purchase only if they had more income so if the price falls, customers are able to afford to use this product as a substitute to an item of lower price that they currently purchase.
