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2 years ago

Which business function is concerned with delivering a product or service to customers?

Business

1 answer:

Gwar [14]2 years ago

4 0

Answer:

Production

Production departments or companies are the manufacturing branches of a business to produce products or delivery of services to customers

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2. What is the difference between international marketing and global marketing

quester [9]

Answer:

Global and international

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Explanation:

Global marketing views the whole world as one, and creates products that will only require weeks to fit into any regional marketplace.

International marketing means that marketing decisions are made in the individual countries, with staff who is the most knowledgeable about the target markets.

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8 0

2 years ago

The following is selected financial information for Osmond Dental Laboratories for 2021 and 2022: 2021 2022 Retained earnings, J

Anettt [7]

Answer:

Explanation:

The statement of stockholder's equity comprises common stock and retained earnings. The ending balance after adjustment shown in the attached spreadsheet.

The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid

= $52,000 + $34,000 - $12,000

= $74,000

And, the ending balance of the common stock = Beginning balance of common stock + issued shares

= $71,000 + $20,000

= $91,000

The preparation of the statement of stockholders’ equity is presented in the spreadsheet. Kindly find the attachment below:

6 0

2 years ago

under which inventory cost flow assumption does inventory on the balance sheet best approximate its current cost?

scoray [572]

The inventory cost flow assumption does inventory on the balance sheet best approximate its current cost is first-in, first-out.

Both the raw materials used in production and the finished commodities that are offered for sale are included in the definition of inventory. One of a company's most valuable assets is its inventory because it is one of the main sources of revenue generation and, consequently, a source of profits for the company's shareholders. There are three different categories of inventory: finished commodities, work-in-progress, and raw materials. On the balance sheet of a company, it is listed as a current asset.

Both the products that are on hand for sale and the raw materials required to make those products are considered inventory.

On the balance sheet of an organization, it is categorized as a current asset.

The three different categories of inventory are raw materials, finished commodities, and work-in-progress.

The first-in, first-out method, the last-in, first-out method, and the weighted average method are the three methods used to value inventory.

Learn more about inventory here:

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8 0

11 months ago

Suppose that a worker in Radioland can produce either 4 radios or 1 television per year, and a worker in Teeveeland can produce

olga_2 [115]

Answer:

300 radios, 100 televisions in Radioland and 100 radios, 300 televisions in Teeveeland

Explanation:

This question has been answered by in two parts

1. Radioland

Each worker can produce either 4 radios or 1 television

The country has a total of 100 workers

Radioland specializes in radio production because it has comparative advantage in this good, therefore Radioland will only produce radios.

Therefore, the total number of radios it will produce per year

= 4 radios per worker * 100 workers

= 400 radios.

If Radioland trades 100 radios to Teeveeland in exchange for 100 televisions each year, Radioland will end up with

= 400 radios - 100 radios (to Teeveeland) + 100 televisions (from Teeveeland)

= 300 radios + 100 televisions in Radioland.

2. Teeveeland

Each worker can produce either 2 radios or 4 televisions

The country has a total of 100 workers

Teeveeland specializes in television production because it has comparative advantage in this good, therefore teeveeland will only produce television.

Therefore, the total number of televisions it will produce per year

= 4 televisions per worker * 100 workers

= 400 televisions.

If Teeveeland trades 100 televisions to Radioland in exchange for 100 radios each year, Teeveeland will end up with

= 400 televisions - 100 televisions (to Radioland) + 100 radios (from Radioland)

= 300 televisions + 100 radios in Teeveeland.

3 0

2 years ago

If the unemployment rate is equal to the natural rate of unemployment, then the economy's

Schach [20]

Answer: the economy is efficient

Explanation: Natural rate of unemployment is the rate of unemployment when the economy is believed to be at its best,it is also the rate of unemployment where all the facets of the economy are working efficiently.

When the rate of unemployment equals the natural rate of unemployment the economy is said to be in equilibrium which means that market forces are effectively influencing the economy to perform t it's best. In the United States the natural rate or unemployment has been estimated to be between 4.5 -5%.

5 0

3 years ago