Answer:
reseller
Explanation:
A resller is a person that purchases finished goods and sells them again to customers in order to earn a profit. Resellers do not make changes or modify the products they buy. Resellers can be wholesalers or retailers.
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Because sugar is relatively cheap and always used in large quantity, the amount of consumers' demand wouldn't affect the supply of this product, which make sugar inelastic.
For this certain product, manufacturers could only reflect on social implication when determining the price of the product, and produce it with acceptable margin.
The free trade make each countries able to take on resource that unavailable in that country and focus solely on the product that give the country competitive advantage
Answer:
Sell before assembly, the company will be better off by $3 per unit
Explanation:
the aim of a firm is to maximise profit. The decision the firm would make would be based on the decision that yields the higher profit
Profit = revenue - cost
Profit that would be earned from selling the unassembled unit = $52 - $24 = $28
Profit that would be earned from selling the assembled unit = $64 - ($15 + $24) = 25
The profit from selling the unassembled product is greater than the profit from selling the assembled product by $3. The firm would prefer to sell the unassembled unit
Answer: value added product
Explanation:
Core services are basic things that customers want from products they purchase. Value-added services differentiate the organization from competitors . The value added products are defined as follows: A change in the physical state or form of the product (such as milling wheat into flour or making strawberries into jam). The production of a product in a manner that enhances its value, as demonstrated through a business plan (such as organically produced products).The value added products build relationships that bind customers to the firm in a positive way.
Answer:
Human resource managers play a key role in developing an organization's culture. They facilitate communication between a company's managers and employees, helping to resolve disputes or complaints and advise executives on relevant policies for workplace conduct.
Explanation:
The Human Resource Manager will lead and direct the routine functions of the Human Resources (HR) department including hiring and interviewing staff, administering pay, benefits, and leave, and enforcing company policies and practices.
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