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timama [110]
3 years ago
12

What types of businesses are needed to make the product and deliver it to the final consumer.

Business
1 answer:
Gnesinka [82]3 years ago
8 0

Answer:

Manufacturing and Merchandising businesses

Explanation:

The type of Business needed to make the product is known as MANUFACTURING business. This business buys raw materials and refined them into products that later sell in bulk to wholesalers.

On the other hand, Merchandising business is a form of business that involves buying refined products at wholesale price and then sell to the final consumers.

Hence, in this case, then Greece answer is MANUFACTURING and MERCHANDIZING Business.

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Describe external resources useful to entrepreneurs during concept development
marin [14]
The external research that would be useful would be research.
Research could be divided into direct and indirect.
Direct research is being done by directly ask the potential customer what they want (through things like questionnaire)
And indirect research is being done through observation (pay attention to the market trend)
4 0
3 years ago
is the person responsible for the business value of the project and for deciding what work to do and in what order when using a
Romashka-Z-Leto [24]

Answer:

product owner

Explanation:

The Scrum method is a framework for developing, delivering, and sustaining complex products in many fields of including research, sales, marketing and advanced technologies as seen below. In this methodology, the individual responsible for the business value of the project and for deciding what work to do is the product owner. This individual is usually the project's key stakeholder which gives him the responsibility of providing the vision of what the product should ultimately be to the rest of the team..

4 0
3 years ago
Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates in Assem
Archy [21]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

The predetermined overhead rates:

Assembly= $22 per direct labor-hour

Testing & Packaging= $18.00 per direct labor-hour

The company’s direct labor wage rate is $24.00 per hour.

Job N-60:

Assembly:

Direct materials $390

Direct labor $228

Testing & Packaging:

Direct materials $45

Direct labor $132

1) To calculate the total manufacturing cost, first, we need to allocate overhead. To do that, we need direct labor hours for each department.

<u>Assembly:</u>

Direct labor hours= 228/24= 9.5

<u>Testing:</u>

Direct labor hour= 132/24= 5.5

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 22*9.5 + 18*5.5= $308

Total manufacturing cost= direct material + direct labor + allocated overhead

Total manufacturing cost= (390 + 45) + (228 + 132) + (308)= $1,103

2) Unitary cost= 1,103/10= $110.3

6 0
3 years ago
Concepts like value and relationship marketing are important in designing a marketing program because such a program is what con
Andre45 [30]

Answer:

<em>Concepts like value and relationship marketing are important in designing a marketing program because such a program is what connects an organization to </em><em><u>it's costumer</u></em>

8 0
3 years ago
The production possibilities frontier provides an illustration of the principle that a. people respond to incentives. b. trade c
Mekhanik [1.2K]

Answer:

d. people face trade-offs.

Explanation:

The production possibility frontier shows all the combinations of two goods an economy can produce when all its resocurces are fully employed.

At one extreme of the curve, the highest possible amount of one good is produced while zero quantity of the second good is produced . To produce more quantity of the second good, one has to produce less quantity of the first good. This illustrates trade off.

I hope my answer helps you

7 0
3 years ago
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