Answer:
B. a cross-functional approach to introduce new products to market.
Explanation:
Concurrent engineering -
It is a long term business strategy .
In this method the products designed and developed in different steps , is referred to as concurrent engineering .
The method is used to reduce the development time of the product and the marketing time of the product , which in turn increases an improves the productivity as well as decreases the cost .
Hence , the correct option is B.
Answer:
Using the gross profit method, the cost of goods sold would be:
$42,500
Explanation:
Gross margin ratio of the company is 15%. Refer the formula:
Gross margin = Gross profit/Revenue (or net sales)
= (Net sales- Cost of good sold)/Net sales
Using the gross profit method and from the formula,
Cost of good sold = Net sales - Net sales x Gross margin
= Net sales x (1 - Gross margin)
= $50,000 x (1-0.15) = $50,000 x 0.85 = $42,500
Answer:
True
Explanation:
Exceptionally good weather will guarantee a good yield in crops. This will lead to an increase in supply of produce to the market, and when supply increases, the supply curve shifts to the right.
This is simply because there are more products and more sellers, and this will result in more supply.
Answer:
Letter e is correct. <u>A independent variable.</u>
Explanation:
In this question, the most appropriate alternative is the letter e, an independent variable.
In statistics, an independent variable is one whose measure will not depend on any other variable, unlike the dependent variable which corresponds to a measure that will always depend on another variable measure.
Answer:
89.5%
Explanation:
If Marcy final exams is worth 30% of the grade, then (100 - 30)% must be for others such as quizzes, assignments, and CA
Her final score therefore = ((85/100) × 70%) + 30% since she made 100% in her final exams = 59.5 % + 30% = 89.5%