Answer:
What Is Efficiency? Efficiency signifies a peak level of performance that uses the least amount of inputs to achieve the highest amount of output.
Answer:
Option E
Explanation:
A variable cost refers to the business expense that varies in relation to revenue from manufacturing. Based on the volume of output of a business, variable expenses gets significantly impact; these increase as productivity increases, and decline as production declines. Sources regarding variable costs typically involve raw material and storage costs.
Thus, from the above we can conclude that all of the mentioned costs are variable costs as direct labor , bottles and water will all increase as the level of production will increase.
Answer:
B. We strive to be the worldwide leader in sharing delicious tastes and creating joyful memories
Explanation:
There are two concepts i.e mission and vision. The mission statement is the statement in which it talks about the company goals and objective that represent the present condition of which market should be targeted, its geographical location, etc
While on the other hand the vision statement refers to position of the company in the future. It is always for the long term as it is always thinking for the future where the company what to be.
Based on the above explanation, the option B is correct as it depicts the mission statement.
Answer:
3.33%
Explanation:
Data provided in the question:
Real per capita GDP in South Korea in 1957 = $400
per capita GDP in South Korea in 1978 = $800
Total number of years taken to double the GDP = 21 years
Now,
Using the Rule of 70, which states that
Number of years to double the GDP = 70 ÷ (average annual economic growth rate )
thus,
21 years = 70 ÷ average annual economic growth rate
or
Average annual economic growth rate = 3.33%
Answer:
3. increase consumer recognition and awareness of product offerings.
Explanation:
A brand is an identity of a product or service provided by a company. It is a unique identifier of the product and differentiates it from competitors. An example is the shape of CocaCola bottle and its consistent taste are unique to that company and is easily recognizable to customers. Another example is Luis Vuitton whose brand customers identify as luxury.
