This statement is false. A work station is a space planned for a specific set of tasks.
Answer:
b. A cost that differs across decision alternatives.
Explanation:
When managers make business decisions, some costs are incurred when such decisions are made. They are called relevant cost. The main purpose of relevant cost is to avoid duplication of data that are not necessary, which could further make business decisions complicated.
Example of relevant cost is when a business or an organization checks whether or not to sell a business unit. The cost incurred in such decision is called relevant cost.
Answer:
unilateral contract
Explanation:
In this scenario, it seems that Ms. White's advertisement is for a unilateral contract. This is a contract agreement in which an individual (the offeror) promises to pay after the occurrence of a specific action or behavior. Which is what Ms. White is doing by offering money if someone brings her dog back safe and sound. Thus benefiting both parties.
Answer: Concentrated strategy
Explanation: In simple words, concentrated strategy refers to the strategy in which the organisation places its limited resources to a particular area and works to place their dominance in that area.
In the given case, The organisation is selecting a single primary market as their target.
Thus, we can conclude that they are using concentrated strategy.
Answer:
Consumers are always willing to pay more for brand name
Explanation:
This is absolutely incorrect as there is no connection between how people pay for product and the brand. It is called a blind critics.
The preference of customer will always differ everytime and the good brands are likely to get more customers because their quality and satisfactory rate are always at Top level.
The competitors can only get into the market and get its shares if their quality and satisfactory rate of their product is also good as their rivals product.
