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netineya [11]
3 years ago
15

1) There are more final consumers than business and organizational customers, so more is purchased by final consumers. Answer: F

ALSE 2) Manufacturers and developers are often categorized as intermediaries. Answer: FALSE 3) Organizational buyers are often referred to as the B2B market. Answer: TRUE 4) Organizational buyers are also referred to as industrial or intermediate buyers. Answer: TRUE
Business
1 answer:
Stels [109]3 years ago
3 0

Answer:

1. The first statement is false, since there are more middle customers than final consumers in a business. Middle customers are those entities that used the purchased product as a raw material for a further process or directly sell that to some other entity.

2. Manufacturers and developers are producers and sometimes customers for some other entity from which they are procuring raw materials from. Hence,false.

3. B2B refers to the business to business transaction in which one organisation purchase goods from other organisation for not final consumption. Hence the statement is true.

4. The given statement is true as these are the buyers who purchase a product for some further use.

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While many projects may have a primary deliverable such as a house, almost all projects have additional deliverables such as doc
kvasek [131]

Answer:

FALSE

Explanation:

This is because there are many additional deliverables, other than documentation and customer support that can delivered such as IT Training, Services or even other means of helping the customer.

6 0
3 years ago
What comprises the features of an organization is not universally agreed upon, but most authorities believe that there are a sma
max2010maxim [7]

Answer:

This question is about Schien's common elements of an organization. Schien proposed four common elements of an organization.

The explanation of this question is given below in the explanation section.

Explanation:

Schein's four common elements of an organization include common purpose, coordinated effort, division of labor, and hierarchy of authority.

In this question, it is asked to identify these four common elements of an organization and some other terms related to the management of an organization.

(d) Common Purpose:

An organization without a clear purpose or mission soon begins to drift and become disorganized. Because a common purpose unifies members or employees and gives everyone an understanding of the organization’s direction and about its objectives. To communicate the common purpose across organizations is the responsibility of central management and central tasks for managers. Managers communicate this common purpose by educating all employees on general strategy, values, mission statement, and short and long term objectives of the organization.

(e) Coordinated effort: Individuals do make a difference, but they cannot do everything themselves. It involves working together in a way that maximizes the resources of an organization and achieving tasks and objectives effectively. The common purpose of coordinated effort is to achieve the objectives of the organization through the coordinated effort of all groups and individuals within an organization.

(f). Division of Labor: This results in great efficiency.

The division of labor is also known as work specification for greater efficiency. It involves dividing tasks among people and groups of an organization according to their best skill set. By systematically dividing complex tasks of achieving a particular objective into specialized jobs, an organization uses its human resources more efficiently.

(g). Hierarchy of authority: Without the right to direct the work of others, there is no coordination of effort. It is the control mechanism for making sure the right people do the right things at the right time in organization.

(h). Organizational Structure: This is linked with whether the structure is taller or flatter. Taller or vertical structure in an organization like one CEO directing the organization according to his best capabilities while flatter or horizontal structure of organization, involves fewer levels of management and more employee autonomy in the decision-making process.

(i) Manager responsibility: This has to do with having the rights associated with managerial tasks

(j)  Top Management: Top management is responsible for making important decisions in the organization.

4 0
3 years ago
The amount of a product that people are willing and able to purchase at a specific price is referred to as the:
12345 [234]
<span>The amount of a product that people are willing and able to purchase at a specific price is referred to as </span>demand.
8 0
3 years ago
San Ruiz Interiors provides design services to residential and commercial clients. The residential services produce a contributi
Georgia [21]

Answer:

San income will decrease by $70,000

so correct option is D. decrease by $70,000

Explanation:

given data

contribution margin = $520,000

fixed operating costs = $550,000

Decrease fixed operating costs fall = $450,000

solution

as if residential operations are closed

we find here Decrease in income

Decrease in income = contribution margin - Decrease of fixed operating costs    ........................1

Decrease in income = $520,000 - $450,000

Decrease in income = $70,000

so that San income will decrease by $70,000

so correct option is D. decrease by $70,000

7 0
3 years ago
Wat is accounting in economics
Mumz [18]

Answer:

Accounting and economics both involve plenty of number-crunching. But accounting is a profession devoted to recording, analyzing, and reporting income and expenses, while economics is a branch of the social sciences that is concerned with the production, consumption, and transfer of resources.

I hope it's helpful!

3 0
3 years ago
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