Answer:
The correct answer is option (c) the company used more labor hours than allowed by the standards.
Explanation:
The efficiency of direct labor difference tells that how efficiently direct labor has worked. If it is not favorable, it suggest that direct labor has used more labor hours than permitted by standard.
In this example given, the question direct labor difference or variance is unfavorable 17000U, it means that, direct labor was done inefficiently and has used 1000 hrs (21000-2000)more than normal standard practice or way.
Sales orientation is used by firms that believe the increasing volume of sales will help the firm more than increase profits.
Sales orientation is a business model that is focused on making the best product and offerings without thinking about consumers' desires or wishes. normally, this method uses aggressive, outbound sales techniques and advertising and marketing promotions to pressure sales.
Insurance companies. insurance is a great instance of a sales orientation commercial enterprise because policies are not created based totally on patron wishes, but on providing fine coverage compared to competitors. that is why that is a noticeably aggressive enterprise.
A sales-orientated enterprise may be very internally centered and appears to sell merchandise that the business enterprise is a hit at making. A marketing-orientated company is externally targeted at the patron's wants and needs. client value is the connection between advantages and the sacrifice had to obtain those benefits.
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Answer:
b
Explanation:
Form utility is a type of nullity that occurs as a result of the design of the product or service itself.
Time utility exists when a company makes a good or service available to consumers at the time that is most desirable or convenient for them.
Possession utility is utility derived from owning a product
Answer:
Anticipatory repudiation.
Explanation:
Penelope's attitude or follow up towards her ordeal above is an example of anticipatory repudiation.
This is also termed an anticipatory breach, is a term in the law of contracts that describes a declaration by the promising party to a contract, that he or she does not intend to live up to his or her obligations under the contract.
It generally is a breach that constitutes material of contracts that discharge the promisee from all the obligations that they are under.
Itoccurs when the promisor indicates before the time for his performance that he is unwilling or unable to carry out of the contract.
If the quantity supplied by producers is relatively insensitive to price changes, supply is price inelastic.
Inelastic demand is demand for which the change in quantity demanded is small due to changes in price. Demand is elastic if the formula yields an absolute value greater than 1. In other words, quantity changes faster than price. If the value is less than 1, demand is inelastic.
For example, consumers are less price relatively insensitive if the product or service is unique or has few alternatives. Consumers are less price sensitive when total costs are low relative to total revenues. The total effort compared to the total cost of the final product also influences price sensitivity.
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<em>Your question is incomplete. please read below to find the full content.</em>
If the quantity supplied by producers is relatively insensitive to price changes, supply is ______. Multiple choice question.
price inelastic.
quantity demanded.
relative price increase.
change in price.