Which type of utility can only be added by the maker of the product? A. Place utility B. Possession utility C. Form utility D. Time utility
Answer:
Form utility can only be added by the maker of the product.
C. Form utility
Explanation:
Form utility includes preparing an item for utilization by changing over it to a structure that is more useful to customers than the crude materials used to make it. Form utility is the worth a purchaser finds in a completed item. Shoppers buy things, for example, furniture, gadgets or vehicles to a limited extent in light of the fact that the buyer is unequipped for finding and assembling all the parts to make the item.
Therefore selling a Latte as opposed to selling the material expected to make a latte is one case of a structure utility. There are four kinds of utility: structure, spot, time and ownership; together, they help to make consumer loyalty.
The type of utility that can only be added by the maker of the product is known as "Form Utility." This refers to the process of converting raw materials into finished products that are more valuable and useful to consumers.
Form utility refers to the value added to a product or service by changing its physical or conceptual form in a way that makes it more useful or desirable to customers. This can involve designing, assembling, or transforming raw materials into finished goods. Examples include manufacturing, packaging, and customization.
Form utility can only be added by the maker of the product because it requires direct control over the production process and the physical attributes of the product. Other types of utility, such as time utility (making products available when customers need them), place utility (making products available where customers need them), and possession utility (helping customers take ownership of products), can involve various parties along the supply chain, including distributors, retailers, and customers themselves.
In contrast, form utility is directly tied to the production process and the design decisions made by the product's creator or manufacturer. They determine how the product is made, what materials are used, and how it is shaped or structured to meet customers' needs and preferences. As a result, form utility is unique in that it requires the involvement of the product's maker to create and enhance the value of the product.
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The complete Question is,
Which type of utility can only be added by the maker of the product? A. Place utility B. Possession utility C. Form utility D. Time utility
Hi there!
Usually, this is the case. However, just like when hoverboards first came out, there was a shortage of hoverboards and production activities had to ramp up production. However, after a few months, production activities were at a high level, but demand petered out.
-AwesomeRepublic :)
Production activities are processes a company uses to create goods or services, which are performed as needed to meet customer demand. For example, a rise in demand for eco-friendly products may lead a company to adjust its production accordingly.
The subject of your question relates to Business, specifically to the concept of production activities and demand. In the field of business, production activities refer to the processes a company undertakes to create goods or services. They are performed as needed to fulfill a specific demand, meaning they are driven by the needs and wants of customers. For instance, if there's a high demand for eco-friendly products, a company will adjust its production activities to manufacture such items.
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This practice, which is often done in various corporations, is called job rotation.
Job rotation is defined as a method done by the employers to move employees to various job positions throughout their employment period with the company.
It is commonly thought that conducting job rotation would increase the skills of the employees and make the job more interesting for them.
Job rotation is a technique used by businesses to stimulate employee engagement and prevent job burnout by shifting employees between different roles within the company. It enriches the employee's experience and skills, fosters understanding of the overall business, and can lead to innovation.
The practice of moving employees from one job to another to make work more interesting is called job rotation. It is a strategy used by businesses to keep employees motivated and interested in their work, prevent job burnout, and enable employees to develop new skills and insights. It's part of a larger focus on employee development and retention strategies in the workplace.
This strategy can work within the same department or across different ones, enriching the employee's experience and understanding of the overall business operations. For example, in a manufacturing company, an employee may rotate from working on the assembly line, to quality control, to packaging. By rotating jobs, workers gain experience and skills by venturing into different roles within the company, thus avoiding monotony and boredom. Moreover, this strategy can potentially lead to innovation, as employees bring fresh perspectives and approaches to their new roles.
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b. calculated by dividing monthly debt payments by net monthly income
c. determined by dividing your assets by liabilities
d. rarely used by creditors in determining credit worthiness
Answer:
A. Calculated by dividing total liabilities by net worth
Explanation:
I got it right on the test
The debt to equity ratio, used to measure a company's financial leverage, is calculated by dividing total liabilities by net worth, or shareholder equity. It reveals the proportion of a company's funding that comes from debt, making it useful for creditors assessing creditworthiness.
The debt to equity ratio is a financial ratio used to measure the financial leverage of a company. It's calculated by dividing a company's total liabilities by its shareholder equity. This will provide an understanding of how much debt the company is using to finance its assets in relation to the value of shareholders’ equity.
The correct answer to your question is (a) the debt to equity ratio is calculated by dividing total liabilities by net worth. Net worth, in this case, would refer to the shareholder's equity. This metric is commonly used by creditors to assess a company's creditworthiness because it reveals the proportion of a company’s funding that comes from debt.
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Answer:
The concept of utility
Explanation:
According to the concept of diminishing marginal utility, consumers will purchase more of a good when the price falls only in the situation when perceived benefits from the consumption of the good exceed the price. When consumers realize that the perceived benefits are no more worth spending, the quantity demanded of the particular good will decrease.
Answer:
Personally, as an investor I would be concerned but I would be willing to wait for 3-5 more years to help the CEO diversify the markets.
Explanation:
A company that makes a consistent loss is never a good buy for an investor. However, Amazon has done a couple of things over the last two decades that can give investors some confidence.
For one, the company has grown in revenue and the number of products they offer every year since it's inception. What began as an online book seller now sells everything, from facial creams to make up to electronics.
Amazon has also maintained a first-mover advantage and almost has a monopoly on the e-commerce business in the United States.
With such a strong position and a $140 billion in revenues, the company is almost too big to fail since their debt is very little. With such firepower, the company can further transform and diversity to become profitable and formidable.