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djverab [1.8K]
2 years ago
11

Which function of money describes its ability to help people compare what

Business
1 answer:
Blababa [14]2 years ago
8 0

Answer:

C. Measure of value

Explanation:

Measure of value or unit of account is one of the four main functions of money.  Under this function, money makes it possible to compare the values of different goods and services. Producers of goods and service providers apply various techniques to assign a monetary value to their products. Comparison in value, therefore possible as with money as the common denominator.

Because money is divisible in small units, it is possible to attach a monetary value to a good or service regardless of its size or worth.

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A strategy that focuses on increasing the attractiveness of a product is referred to as a​
NARA [144]

Answer:

Differentiation strategy

Explanation:

Differentiation strategy is an approach by a business to make its products and services unique and better in comparison to products from its competitors. The strategy aims at creating a perception in customer's minds that the company products are superior.

The company aims to attract more sales by distinguishing itself from the competition.

6 0
3 years ago
se the following information to determine the break-even point in units (rounded to the nearest whole unit): Unit sales 60,000 U
Marat540 [252]

Answer:

30,154 units

Explanation:

In this question we use the formula of break-even point in unit sales which is shown below:

= (Fixed expenses) ÷ (Contribution margin per unit)

where,  

Contribution margin per unit = Selling price per unit - Variable expense per unit

= $15 - $8.5

= $6.5

And, fixed cost is $196,000

Now put these values to the above formula  

So, the value would equal to

= ($196,000) ÷ ($6.5)

= 30,154 units

5 0
3 years ago
You have just been hired by FAB Corporation, the manufacturer of a revolutionary new garage door opening device. The president h
lana [24]

Answer:

Explanation:

Variance analysis studies the relationship between actual and budgeted cost for business activities. Variance analysis helps the management in two ways;

  • Favorable
  • Unfavorable

Favorable - if the actual cost incurred is less than the budgeted cost, the difference amount is a saving for the company.

Unfavorable - if the actual cost is more than the budgeted cost, the difference is an extra expenditure for the company.

Flexible budget;

  • The flexible budget is prepared at different levels of volume that was initially projected by the master budget.
  • It is highly styled and more useful than the master budget.

The report showing the Activity and Spending  Variances for march is given in the file attached below, in other not to cause confusion. Thank you.

Download docx
3 0
3 years ago
What are three key pieces of information that you can retrieve from the new car labels?.
andreev551 [17]

The  three key pieces of information that you can retrieve from the new car labels are: exterior and interior color, engine and transmission combination, the model year and trim level of the vehicle.

<h3>What is labels?</h3>

Labels can be defined as a paper attach to a products or an item that contain information which help to describe a  products.

Them three key pieces of information that a person can tend to  retrieve from the new car labels are:

  • Engine and transmission combination
  • Exterior color and interior color
  • Car model year and trim level of the vehicle

Learn more about labels here:brainly.com/question/27992495

#SPJ1

4 0
2 years ago
You are assigned as the manager of risk management project for Health Network, inc. The attached case study provides brief intro
Grace [21]

Explanation:

<em>Structure of the information systems in Health Network:</em>

-Software: It is made up of 1000 production servers that make it possible for users to access the different services through the web.

-Hardware: It is made up of the three data centers that are the sites or facilities that contain the information systems, we can also include the 650 corporate laptops and mobile devices.

-Personal: These are the users who receive the benefits, such as all the potential clients, the doctors who provide their services, and all the personnel who work in the data centers.

<em>Main objective and scope of the project in Health Network:</em>

 

A risk mitigation plan must be developed that allows to face the various threats previously identified.

As the main scope of the project, a BCP (business continuity plan) must be developed that allows employees to continue working remotely and safely from the web.

A computer strategy should be considered that allows employees to access the payroll and accounting application from their homes during winter storms.

6 0
2 years ago
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