Answer:
Stablish a Project that aims to make a technological improvement in the actual assets using for the production. The project can be financed by external debt or by allocating part of the revenue to it-; That will ultimately depend on the financial health of the company.
Answer:
He should propose a plan/model highlighting the benefits of using technology in manufacturing, to the higher management of the company.
Explanation:
Since the world is moving towards technological advancements and digitization, it is important to keep up with the face pace of the industry in adapting new things so that the profit doesn't hurt and the company achieve stability. Hence, Michael should try to convince the upper management by highlighting all the benefits that the company can achieve only if they move towards technological advancements.
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Answer:
Consumers go through distinct buying phases when they purchase products
Explanation:
For example, when the product matches what the consumer needs.
A consumer can identify a good deal by employing comparison shopping, assessing product quality, contemplating their budget, and considering the product's value over time.
To determine if a purchase might be a good deal, a consumer needs to utilize several strategies including comparison shopping, assessing product quality, contemplating their budget, and analyzing the product's value over time.
Comparison shopping is a method where you compare prices of a product from different vendors to find the best price. This can be done by visiting various stores or checking prices online.
The quality of the product is another important consideration. Often, cheaper products may be of lower quality. Therefore, it might be worth it to spend a little more for a product that will last longer and perform better.
A consumer also needs to consider the product's value over time, sometimes it might save money in the long run to buy a costlier, high-quality product, as it might last longer than a cheaper alternative.
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Answer:
D. perfect competition
Explanation:
Perfects competition is a theoretical market structure where competition among firms is at the highest level possible. It is also known as pure competition. Due to the high level of competition, there are no dominant firms. Each firm will have a small proportion of the market share. Other characteristics of a pure competition market include,
1. All firms sell a homogeneous or identical products
2. There are barriers to entry or exiting in the market
3. All firms are price taker; no single entity can influence the prices
4. There many very firms and seller in the markets
5. Buyers have sufficient knowledge about the sellers and the market.
A market condition characterized by large numbers of small firms is known as Perfect Competition, where no single firm has the power to impact market prices.
The correct answer to the given question is Perfect Competition. In a market characterized by perfect competition, all firms are assumed to be small and the number of firms in the industry must be large. This is to ensure that no single firm has any market power that can influence prices. It implies that firms are price takers and essentially based on demand and supply, market prices are determined. If we move to other types of market structures like oligopoly or monopolistic competition, we find that these focus on few firms controlling the market or product differentiation, rather than large numbers of small firms.
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maintenance workers.
fashion students. or
marketing students.
DECA stands for Distributive Education Clubs of America and it is a CTSO (Career and Technical Student Organization). A CTSO’s purpose is to provide co-curricular opportunities for students to receive career and technical education support to enhance their learning experience. DECA specifically focuses on preparing students in four career clusters: Business Management & Administration, Finance, Hospitality & Tourism, and Marketing.
Thus, the answer to the question is marketing students.
Answer:
D, marketing students
Explanation:
Answer:
Auto repairs
Explanation:
You would ask an car or oil technicianl.
Answer:
Exercise
Eat a balanced diet
Wash your hands for 20 seconds
Take daily vitamins
Explanation:
Answer:
Exercise
Eat a balanced diet
Wash your hands for 20 seconds
Take daily vitamins
Explanation: