How is the value of a product determined?

Answers

Answer 1

Answer:

One approach is to use the simple equation Value = Benefits / Cost. The plus side to this approach is that it is concrete and quantifiable. You can measure the profit consistently throughout the life of the product, charting changes in value over time.


Related Questions

Select all of the true statements regarding Gary Hamel's thoughts on management:
1. management innovation is essential to future organizational success
2. we must look at management as a process, and then make improvements and innovation ongoing and systematic
3. much of management theory is dated and doesn't fit the current realities of organizational life

Answers

Answer: • management innovation is essential to future organizational success

• we must look at management as a process, and then make improvements and innovation ongoing and systematic

• much of management theory is dated and doesn't fit the current realities of organizational life

Explanation:

The true statements regarding Gary Hamel's thoughts on management are:

1. management innovation is essential to future organizational success

2. we must look at management as a process, and then make improvements and innovation ongoing and systematic

3. much of management theory is dated and doesn't fit the current realities of organizational life

According to Gary Hamel, yesterday's best practices of organizations can not be creative or adaptable for the business challenges tomorrow.

What is the first step in amending the Texas Constitution?

Answers

Answer:

The answer is below

Explanation:

According to Article 17 of the Texas Constitution which is otherwise known as "Mode of Amending the Constitution of This State"

The first step in amending the Texas Constitution is that the Texas State Legislature must make a proposition of the amendment in a joint resolution, involving both the Texas State Senate and the Texas House of Representatives. This joint resolution, however, can emerge in either the House or the Senate.

Suppose the government requires beer drinkers to pay a $3 on each case of beer that they purchase. a. Illustrate the market for beer without the tax. Show the price the buyers pay, the price the sellers receive, and the quantity bought and sold without the tax. b. Now illustrate the market for beer with the per-case tax on consumers. Show the price paid by consumers, the price received by sellers, and the quantity bought and sold with the tax. c. Indicate where one can find the amount of producer surplus in the market with a tax. What about consumer surplus

Answers

Explanation:

a).In the following graph, [tex]$ D_0 \text{ and}\ S_0 $[/tex] are the pre tax demand the supply curve that intersects at the point A with price [tex]$P_0$[/tex] (the price paid by the buyers = price received by sellers) and the quantity [tex]$Q_0$[/tex]  (quantity bought = quantity sold)

b). The tax on the consumers will decrease the demand of the beer shifting the demand curve leftwards from the [tex]$ D_0 \text{ and}\ D_1 $[/tex]  intersecting point [tex]$S_0$[/tex] at point B. Price paid by the buyers is point [tex]$P_1$[/tex], price received by the producers is [tex]$P_2$[/tex]  and the tax per unit is [tex]$(P_1 - P_2)$[/tex] , which is equal to the vertical distance BC. Quantity bought and sold is lower at [tex]$Q_1$[/tex].

c). Producer surplus is the area between supply curve and the price received by the producers, which is equal to the area [tex]$P_2BE$[/tex]. And the consumer surplus may be the area between the price paid by the consumers and the demand curve, and is equal to the area [tex]$P_1CD$[/tex].

Kahlil, a marketing CEO, usually arrives at the office before others, catches up on emails and other correspondence, and keeps his office neat and clean. Furthermore, Kahlil keeps his door open and encourages suggestions from his team. He leaves office at 5:00 p.m., does not bring work home, and makes sure he participates in all workplace activities. How do leaders such as Kahlil nonverbally communicate the organization’s culture? By acting as role models, coaches, and teachers By using their criteria to reward others By using their criteria to recruit and promote By adequately reacting to major events and crises

Answers

Answer:

By acting as role models, coaches, and teachers

Explanation:

Remember, we are told that as the CEO, Kahlil does certain things not just only telling things to his staff.

Thus, by doing such tasks as keeping his office neat and clean and not bringing work home, he is nonverbally communicating the organization’s culture to his staff; which makes him a  role model, a coach, and teacher to his staff.

When irobot introduced new robot models that would clean gutters and mop​ floors, this innovation represented which type of market growth​ strategy?
a. Diversification
b. Product development
c. Market segmentation
d. Market development
e. Market penetration?

Answers

Answer:

b. Product development

Explanation:

When irobot introduced new robot models that would clean gutters and mop​ floors, this innovation represented the product development type of market growth​ strategy.

Which of the following statements best describes the difference between sales tax and property tax?
Sales tax is applied to items as they are purchased while property tax is applied to items already
owned.
b. Sales tax is applied repeatedly while property tax is paid only once for as long as you own the
item.
C. Sales tax can be applied to a new speed boat while property tax cannot.
d. Sales tax is strictly meant for food and consumables while property tax is meant for non-food
items.

Answers

Answer:

a. Sales tax is applied to item as they are purchased while property tax is applied to items already owned

Explanation:

Sales tax is applied to items as they are purchased while property tax is applied to items already owned statement best describes the difference between sales tax and property tax. The correct option is A.

What type of tax are sales?

Both sales tax and VAT are indirect taxes, which are collected by the seller and paid or remitted to the government on the buyer's behalf.

Sales tax is a one-time fee collected at the point of sale. Personal property tax is an annual tax levied on the current value of the property. State governments levy sales taxes on retail purchases of non-exempt goods or services. A value-added tax (VAT) is a type of consumption tax that is levied on goods at each stage of the manufacturing process until they are sold to consumers.

Thus, the ideal selection is option A.

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In a free market the________ tells producers how much to produce.

Answers

Answer:consumers

Explanation:

In a free-market system, consumers and producers have sovereignties that drive the market and decisions made to ensure that supply and demand

Which is an example of E-commerce? A. Hot dog stand B. Cable company C. Online boutique D. Car wash

Answers

An example of an E-commerce is an online boutique.

What is E-commerce?

E-commerce is a business that exists online. For example, if a person establishes sells items on a website or on a social media platform, the person is operating an e-commerce. An example of an e-commerce business is ASOS.

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What are some of the issues that arise in evaluating and maintaining control over foreign operations? Multiple Choice

A. Deciding whether to evaluate performance on the basis of foreign currency or parent company reporting currency Management of new company is difficult

B. Deciding whether to factor out of the performance measure items over which the foreign operation’s manager has no control

C. Deciding whether to evaluate performance on the basis of foreign currency or parent company reporting currency and

D. whether to factor out of the performance measure items over which the foreign operation’s manager has no control

Answers

Answer:

B. Deciding whether to factor out of the performance measure items over which the foreign operation’s manager has no control

C. Deciding whether to evaluate performance on the basis of foreign currency or parent company reporting currency and

Explanation:

Foreign operations refer to an entity that could be in terms of an associate, subsidiary, jointly controlled in which the activities are based in a country irrespective of the entity i.e. reported

Therefore in the given case, the issued can be with the performance measures that have no control  and it should depend upon the parent company in which the currency is reported

Hence, the correct option is B and C

What is the definition of creative command

Answers

Answer:

Explanation:

a set of various licenses that allow people to share their copyrighted work to be copied, edited, built upon

Kala's family is shopping for a large screen TV. The TV they decided on has a retail price of $1,000 at four stores. The
state sales tax is 5%. Each store is offering a different sales promotion, as listed in the table.
Store
A
B
Promotional Offer
$80 rebate
10% discount on price
Store pays all sales tax
$40 rebate with store paying half of sales tax
С
D
Which store has the best deal?
O store A
store B
O store C
O store D
Save and Exit
Next
Submit
Mark this and return

Answers

Sorry this is late but here is the answer...

Answer:

Store B.

Explanation:

Kala's family will get more of a discount at store B. Store B has the 10% off while the competitor stores gave "weaker" deals. Store D has a $40 rebate with a tax. So her family won't go there. Rebates aren't the best option because you have to pay the full amount by a certain time where as a discount, you pay everything there on time. So, the answer is B. I hope this helps.

Answer:

STORE B.

Explanation:

THANKSS!!!

Ethical standards in business are principles or codes for how a business conducts itself with ___, customers, and the public.

A. Other businesses
B.Employees
C.the government
D.charity organizations

Answers

Answer:

B. Employees

Explanation:

The correct answer is B)Employee’s hope this helps.

Which of these represents the proper transformation from data to decision according to the information value chain?
a. Data -->Information -->Knowledge -->Decision
b. Data -->Knowledge -->Information -->Decision
c. Data -->Business Event -->Information -->Decision
d. Data -->Analysis -->Information -->Decision

Answers

Answer:

a. Data -->Information -->Knowledge -->Decision

Explanation:

An information value chain can be defined as the process of converting a raw data into a useful information, by recognizing the value activities to be undertaken.

The proper transformation from data to decision according to the information value chain is Data -->Information -->Knowledge -->Decision.

This ultimately implies that, the raw data is first of all gathered or created, it is then processed to generate information(s), the generated information can then be applied to a plan or problem as a knowledge and lastly, the decision to use the knowledge or not.

Now that you have selected the cultural environment, you must predict what the effects of these changes on gerlach's microenvironment might be. select the outcome you see as most likely.​ select an option from the choices below and click submit.

Answers

Answer: The suppliers might raise the costs of paper in the future.

Explanation:

When production is being seeing as being expensive is die to the fact that items which composites of them are expensively gotten from the suppliers. When there is an increase by the supplies on the individual items used, it rubs off on the production aspect and makes theirs also expensive to produce. Also, suppliers raise their cost too when they buy the materials at an expensive or high cost. Whatever they are being sold to affects the cost that they supply to the end user. Production cost affects supply cost.

Provide three examples of how busineses respond to the corona pandemic as part of social responsibility

Answers

Answer:

We have to avoid our citizens for doing some wrong work

Answer:

SCARED ,PANICED ,AND LOST HOPE

BUT SOME WERE STRONG  IT JUST DEPENDS.

Explanation:

Property rights protect businesses by:
A. setting a minimum price on all goods in an industry.
B. ensuring that the government cannot regulate their actions.
C. providing them with emergency loans from the government.
D. preventing competitors from copying their products.

Answers

it’s D

because property rights are like copyrights that protect a business’ products, so it the work cannot be replicated

Preventing competitors from copying their products is the use of Property rights to protect businesses. In business, there is high number of chance to copy the designs and pattern of the goods and services.

Why is it important to protect property rights?

The primary goal of property rights, as well as their primary achievement, is to minimize destructive rivalry for control of economic resources. Property rights that are well-defined and well-protected replace violent rivalry with harmonious competition.

Thus, option D is correct.

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The process by which prospective buyers "internalize" or consider the information presented by the salesperson is referred to as a black box because:A. sales actions lead to buyer reactions.B. salespeople cannot read a buyer's mind.C. psychological needs outweigh social wants.D. for every stimulus, there must be a response.E. salespeople seem untrustworthy to most buyers.

Answers

Answer:

B. salespeople cannot read a buyer's mind

Explanation:

Since in the question it is mentioned that the prospective buyer or the buyer who wants to purchased considerd that information which is presented by the seller that called as a black box as the sales people is not able to read the purchaser mind as they are also a human and they dont know what actually the buyer wants until the buyer didnt tell them about their need

Therefore, the correct option is B.

Someone taking a course in Web design is affecting what factor of production?

A. physical capital
B. entrepreneurship
C. human capital
D. land​

Answers

Answer:

Someone taking a course in Web design is affecting human capital.

Some taking course work in web designing are affected by the factors of production such as human capital.

Human capital is a concept that is used by economics to give personal tributes that are useful in the production process. They include skills and knowledge and other abilities.

Hence the option C is correct.

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On january 2, 20x3, kean company purchased a 30 percent interest in pod company for $250,000. Pod reported net income of $100,000 for 20x3 and declared and paid a dividend of $10,000. Kean accounts for this investment using the equity method. In its december 31, 20x3, balance sheet, what amount should kean report as its investment in pod?

Answers

Answer:$277,000 should be reported by Kean.

Explanation:

Amount of investment Kean should report = Original cost of investment + share of net income of investors -share of investors dividend.

But ,

share of net income of investors = 30% of net income reported by Pod

= 30 % x $100,000= $30,000

share of investors dividend=  30% of dividend declared by Pod company

= 30 % x 10,000 = $3000

Therefore,

Amount of investment Kean should report = $250,000 + $30,000 - $3,000

=$277,000

To make a skirt out of fabric, Connie needs 1 3/4 yards of fabric. If Connie bought 10 1/2 yards of fabric at a sale, how many skirts could she make? Show your work. To make a skirt out of fabric, Connie needs 1 3/4 yards of fabric. If Connie bought 10 1/2 yards of fabric at a sale, how many skirts could she make? Show your work.

Answers

Answer:

6 skirts

Explanation:

Given

[tex]1\ Skirt = 1\frac{3}{4}\ fabric[/tex]

Required

Number of skirts for [tex]10\frac{1}{2}\ fabric[/tex]

Represent the required number of skirts by x

To solve for this, we simply divide [tex]10\frac{1}{2}[/tex] by [tex]1\frac{3}{4}[/tex]

[tex]x = 10\frac{1}{2} / 1\frac{3}{4}[/tex]

Convert to mixed numbers

[tex]x = \frac{21}{2} / \frac{7}{4}[/tex]

Rewrite as multiplication

[tex]x = \frac{21}{2} * \frac{4}{7}[/tex]

[tex]x = \frac{21 * 4}{2 * 7}[/tex]

[tex]x = \frac{84}{14}[/tex]

[tex]x = 6[/tex]

Hence, she could make 6 skirts

I am Stuck Please Help
Interview five family members or friends. Ask them how many vegetable snack packs they would buy in a seven-day week at these prices: $2.75, $3.25, $4.75, $5.25, and $6.00. Make a table to record the quantities of snack packs they would purchase at each price. Give at least two reasons why you think the price of a product might vary.

Give at least two reasons why a consumer might buy more or less of something depending on the price. Write two paragraphs discussing the relationships between price and demand, and supply and demand.

Ask at least five people of various ages the following questions: Do you believe the economy is in dire straits? Why or why not? What do you see as the outcome of the current downturn? How are you directly affected, and what worries you about the state of the economy? Do you believe it can be "fixed"? If so, how?

Answers

Answer:

Explanation:

In other words, the higher the price, the lower the quantity demanded. The amount of a good that buyers purchase at a higher price is less because as the price of a good goes up, so does the opportunity cost of buying that good.

When a line cook in a restaurant uses raw meat to cook a hamburger that becomes part of the restaurant's Super Burger Special, the cook is taking part in a

Answers

Answer:

Transformation process.

Explanation:

When a line cook in a restaurant uses raw meat to cook a hamburger that becomes part of the restaurant's Super Burger Special, the cook is taking part in a transformation process.

A transformation process can be defined as the capabilities possessed by an organization, which are then integrated into technology, internal processes, and management, for the singular purpose of converting inputs into outputs in order to meet the needs or requirements of their customers.

In this scenario, the cook uses raw meat as an input in the creation of an output, which is the restaurant's Super Burger Special.

What is the role of the franchiser when a franchise is purchased?

Answers

Answer:

The franchisor owns the brand and the operating system that they license to their franchisees. ... The franchisor grants the franchisee the right to operate the business under the franchise system's trademarks and service marks and enforces the brand standards of the system.

Answer:

The franchisor grants the franchisee the right to operate the business under the franchise system's trademarks and service marks and enforces the brand standards of the system.

What is scarcity? I need to know

Answers

Answer:

being in short supply of something

Answer: An inadequate amount of something; a shortage.

Scarcity means to be on low of something. So if you were low on stuff in your house like paper towels that means you have a shortage of something.

The rules an organization establishes to guide behavior are called
A. respect
B. crimes
C. laws
D. ethics

Answers

Answer:

ethics

Explanation:

Answer:D

Explanation:a p e x

What term is used to describe an experiment run by an ad agency where the ad agency will recruit consumers to come watch a tv series and commercials? The consumer will then answer questions abiut the ads and the agency uses respinses to determine how well the ads will do in the real world

Answers

Answer:

Copy testing.

Explanation:

Copy testing is a term used to describe an experiment run by an ad agency, where the ad agency will recruit consumers to come watch a tv series and commercials. Sequel to this, the consumer will then answer questions about the ads and the agency uses responses to determine how well the ads will do in the real world.

Hence, copy testing refers to the assessment of the efficacy or effectiveness of an advertisement based on set of consumer behavior, responses or feedback before it is then officially aired or transmitted on the predetermined advertising channel.

Which of the following agencies was not embroiled in a tedious and often unfriendly struggle to be the first to prosecute key parties in the Livent fraud?
1. Federal Trade Commission
2. SEC
3. Ontario Securities Commission
4. Royal Canadian Mounted Police
5. U.S. Department of Justice

Answers

Answer:

1. Federal Trade Commission

Explanation:

The Livent Inc co-founders found the guilts based on the counts out of which one is of forgery that is occured on a day to day business dealings link with the defunct company.  

Here the following agencies were included i.e. Security exchange commission(SEC), OSC, U.S justice department, and RCMP

But does not involved the federal trade commission

Therefore the same is to be considered

hence, the correct option is 1.

hello im Michal the fox how may tails i have three,two or,four

Answers

Answer:

2

Explanation:

What are common traits of American business owners, according to the U.S census bureau?

Answers

Answer:

The answer is below

Explanation:

Common traits of American business owners, according to the U.S census bureau are the following:

1. Approximately sixty- four percent of business owners had obtained some college education prior to starting the business

2. Over 60 percent of business owners expended their personal capital or family capital at the initial stage

3. Over fifty percent of the business owners worked overtime, despite having employees

4. Nearly fifty percent of the businesses were home-based.

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Answers

The answer to your question would be : Hello ! :)

After a long thought process regarding this question, I concluded that this would be the only acceptable response.

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the cooking club made some pies to sell during lunch to raise money for a field trip the cafeteria helped by donating three pies to the club. each pie was then cut into six pieces and sold. There were a total of 72 pieces to sell. how many pies did the club make find the. change in temperature or elevation from -2c to 13v solve for f-f +2 + 4f = 8 - 3f battle of salamis summary # Expand (2x - 3)2. If a, b, and c representthe coefficients of the resulting polynomial indescending powers of x, what is a+b+c? Solve for n.m=n/r+t I need the answer to this please help I have ebola, Is there a quick patch? Convert the number fromscientific notation to standard notation:4.67 x 103 = Dill Tates was actually visiting our school, which was clearly in the middle of nowhere. Although the legendary computer programmer was the pride of our state, our town was eclipsed in the grand scheme of things. That day, our school was in a festive mood. Tates' achievements in the field of programming were unparalleled. Even my parents wanted to attend the lecture to see Mr. Tates in person. Perhaps his words had inspired me to pursue an education in computer technology. I vividly remember how the lecture began: You have invited me here because _______ " Which of these would exemplify understatement if added to Tate's words at the end of the story? A. your high school has a bright future . . . B. you need the town to be on a spotlight . . . C. I am the pride and honor of this state . . . D. I know something about programming . . . Talia is packing a moving box. She has a square-framed poster with an area of 4 square feet. The cube-shaped box has a volume of 13 cubic feet. Will the poster lie flat in the box? Explain? Find the area bounded by the given curves: y=2xx2,y=2x4 Using the diagram above solve for x If there was not an increase in cyanobacteria in early Earth, what would have happened to Earths early atmosphere? A. The amount of oxygen would have increased, causing an increase in aerobic autotrophs and heterotrophs B. The amount of oxygen would have increased, causing a decrease in aerobic autotrophs and heterotrophs. C. The amount of oxygen would have decreased, causing an increase in aerobic autotrophs and heterotrophs. D. The amount of oxygen would have decreased, causing a decrease in aerobic autotrophs and heterotrophs. Joey buys 3 gallons of paint to paint his bedroom. He used 34 of the paint to paint the walls. How muchpaint is left? Select the correct answer.Read the sentence.The journey over the mountain was not only treacherous but the bone chilling wind blew against them.Which type of phrase is the underlined portion of the sentence?OA.verb phraseB.adverbial phraseOC. adjectival phraseD.absolute phrase What was the downfall of the Ming Dynasty? can someone help me solve 70 < 3x + 10 < 100 A regular hexagon has perimeter 90 meters. What is the length of one side of the hexagon? Last year, the country of Valahia reported that it had a favorable balance of trade while importing $21 billion worth of goods. This suggests that Valahia: a. Imported only inexpensive goods and exported expensive goods. b. Exported less than $21 billion worth of goods. c. Exported more than $21 billion worth of goods. d. Exported $11 billion worth of goods.