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Goryan [66]
3 years ago
7

The mars company's new topeka, kansas, manufacturing plant is the first new facility the company has opened in north america in

35 years. it is a(n):
Business
2 answers:
Lerok [7]3 years ago
8 0

It is a physical resource. A physical resource includes raw materials, buildings, facilities, machinery, energy, and supplies. Since the item in question is a manufacturing plan, it is a building/facility and therefor is a physical resource. This is a resource that is physically theirs and used for manufacturing their goods.

Alekssandra [29.7K]3 years ago
6 0

<u>The option C is correct. The mars company’s new Topeka, Kansas manufacturing plant is the first new facility the company has opened in North America in 35 years. It is a basic factor of production.  </u>

<u></u>

Further Explanation:

The factor of production is defined as the necessary inputs required to produce the goods. Without the factor of production, the producer is not able to produce the goods. The basic factor of production includes the land, labor, and capital. The company is producing a new facility for the first time. Therefore, it is considered as the basic factor of production.  

 

Justification for the correct and incorrect answer:

A.

The advanced factor of production: This option is incorrect.  

When the company is using the advanced factor of production, the company becomes specialize on the production. In this case, the company is creating new facility, but the company is not specialized. So, this option is incorrect.  

B.

Organization architecture: This option is incorrect.  

Organization architecture means the interior of the company. The architecture of the organization does not change till the architecture is not change. The company is creating a new facility, it does not change the architecture of the organization. So, this option is incorrect.  

C.

The basic factor of production: This option is correct.

This is the correct option as the company uses the basic factor of production to develop a new facility.  

D.

Distinctive competency: This option is incorrect.

Distinctive competency means the company has some unique features to manufacture a products and services. It is not a distinctive competency. This option is incorrect.  

Learn more:

1. Learn more about goods production

<u>brainly.com/question/9356259 </u>

2. Learn more about the position in the organization

<u>brainly.com/question/6449808 </u>

<u> </u>

3. Learn more about organizational structure

<u>brainly.com/question/6256024 </u>

Answer details:

Grade: Middle School

Subject: Economics

Chapter: Factors of production

Keywords:

Mars company, Topeka, Kansas, factor of production, basic, advanced factor of production, North America, distinctive competency, inputs, company, new facility, unique features, specialize, interior.  

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3 years ago
Read 2 more answers
Distinguish between the substitution and income effects of a price change. If a good’s price increases does each effect have a p
vesna_86 [32]
The economics concepts of income effect and substitution effect express changes in the market and how these changes impact consumption patterns for consumer goods and services. The income effect expresses the impact of increased purchasing power on consumption, while the substitution effect describes how consumption is impacted by changing relative prices. Different goods and services experience these changes in different ways. Some products, called inferior goods, generally decrease in consumption whenever incomes increase. Consumer spending and consumption of normal goods typically increases with higher purchasing power, in contrast with inferior goods.



Read more: What's the difference between the income effect and the substitution effect? | Investopedia http://www.investopedia.com/ask/answers/041415/whats-difference-between-income-effect-and-substitution-effect.asp#ixzz4wcsy3IOK
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7 0
3 years ago
.According to supply-side fiscal policy, reducing tax rates on wages and profits will:
sergejj [24]

Answer:

The answer is C.

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Reducing tax rate according to supply - side policy creates demand pull inflation.

Demand pull inflation is a situation whereby people have more buying power due to the availability of cash thereby leading to high demand and consequentially leading to an increase in the price of goods and services by suppliers.

That is the process where demand outplays supply due  to the high purchasing power thereby causing price to increase which is the demand pull inflation effect.

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The above statement is false in that it asserts that information has not become the lifeblood of every organization. While it's true that an increasing volume of information today has increased and exchanged through the social networks and web2.0 tools like blogs, microblogs and wikisa, this further lends credence to the indispensability of information in this contemporary times.

In contrast, what Frank and Smallwood(2013) preached was that information has now become a lifeblood of every organization. This is an undisputed reality in their study and intellectual intervention. Thus, they went on give a demographic distribution of information through the use of social networks and/or web2.0 tools like blogs, microblogs, and wikisa.

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4 years ago
A sentence that summarily describes the target market and defines what a company wants customers to think about its brand is the
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