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natali 33 [55]
3 years ago
7

A management concept based on an understanding of the changing wants and needs of customers, and which leads to flexible product

designs and production processes, is called:_______.A. Continuous improvement. B. Customer orientation. C. Just-in-time. D. Theory of constraints. E. Total quality management.
Business
1 answer:
goldfiish [28.3K]3 years ago
4 0

Answer:

customer orientation

Explanation:

customer orientation can be regarded as business approach where the company helps the customer to achieve their aim and goals.

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Bennett purchased a tract of land for $20,000 in 2012 when he heard that a new highway was going to be constructed through the p
babymother [125]

Answer:

The correct answer to this question is that the amount of loss suffered by Bennett cannot be taken out because no information has been given in the question regarding sale of the land.

Explanation:

In the given above question Bennett purchased a tract of land for $20,000 in 2012, thinking that the value of land would increase to $200,000 when the new highway would be constructed but that didn't happen and the value of the property fell to $15,000. Here we can't tell anything about the loss suffered by Bennett because there has been no information given regarding the selling of the land and if he hasn't sold the land then that means there is no loss.

If he would have sold the land then he would have suffered a loss of $5000($20,000 -$15,000).

7 0
4 years ago
Sometimes an economy cannot grow because of external factors, such as
Scilla [17]

Answer:

shortage of supplies lack of demand or the lack of interest in the economy

5 0
4 years ago
In Brazil, the reference base period for the CPI is 2000.By 2016, prices had risen by 187 percent since the base period. The inf
mash [69]

Answer and Explanation:

The computation is shown below:

Reference base year is 2000 and as it's the base year, So the CPI is 100.

Now  

The prices have risen by 187% by 2016 means the CPI is

= 100 +  187% of 100

= 287.

And,  

There is 3.4% inflation in 2017 that means prices have increased by 3.7% in 2017 compared to 2016.

Now  

CPI is 287 + 3.4% of 287

= 296.758

CPI in 2017 = 296.758

In 2018, inflation is 3.7%,

CPI = 296.758 + 3.7%

= 307.74

CPI in 2018 = 307.74

In 2019, CPI is 318, which is approx 3.3% higher than as compared to the year 2018 so

Brazil's cost of living rised in 2019.

CPI of Brazil in 2017 is 296.76

CPI of Brazil in 2018 is 307.74

So,  

Brazil's cost of living increases every year

3 0
3 years ago
The impact of Hurricane Katrina on consumers in the economy was to make them very pessimistic about their future incomes. How do
Firlakuza [10]

Answer:

The correct answer is option c.

Explanation:

Because of a hurricane, there is a sense of pessimism among the consumers regarding their future incomes. This sense of pessimism would cause consumers to reduce their spending and save money for the future.  

This causes the consumption expenditure to decline. This reduction in the consumption expenditure will cause the aggregate demand to decrease as well. This will cause the aggregate demand curve to move to the left.  

This leftward shift in the aggregate demand curve will further cause the equilibrium price and quantity to decline.

5 0
3 years ago
Orion would like to go on a trip to Ireland in two years. He wants to have $3,000 for the trip, so he is planning to invest mone
denis-greek [22]

Answer:

The answer is: If Orion wants to have $3,000 in two years, he must invest $2,572.02 today

Explanation:

To determine how much money Orion has to invest today in order to have $3,000 in two years, considering he will get an 8% compound interest rate, we can use this formula:

P = FV / (1 + r)²    

Where:

  • FV = $3,000
  • r = 8%

P = $3,000 / (1 + 8%)²

P = $3,000 / 1.1664

P = $2,572.02

4 0
3 years ago
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