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- i will 10 upvotes urgent Which of the following statements correctly describes Veblen Goods? (a) These are the goods for which demand increases as the price increases. (b) These are the goods with no opportunity cost. (c) These are the inferior goods whose demand remains constant irrespective f change in prices. (d) These are the goods for which demand increases as the prices fall.20. Performing live test markets is highly expensive. Select one: O True O FalsePage1. High Quality as a value proposition :Paras took on himself to ensure quality becomes a top differentiator and a valueproposition to its customers. They started working closely with beekeepers in theHimachali region around the Himalayan foothills and in Muzaffarpur, where theyencourage ethical beekeeping. Ethical beekeeping is a format where a hundred per centof the honey is harvested at no point. Only 60% will be taken out of the hives that, orthrough that process, at any point, 40% will be left back for the bees.Also, through the exploration and pursuit of pure honey, Paras came acrossmultiflora honey, which is most commonly used as a source of honey. But unfortunately,adulteration happens when a blend of multiflora honey is packaged and sold. Parasensured that the lab tested the source from which they collected the honey to ensurethe promise of purity was kept at every stage. Moreover, while sourcing the honey, thehoney twig ensured that it was entirely antibiotic-free.2.…
- The student develops at least one thorough and detailed recommendation for each ratio that is appropriate for the Barry Computer Company to improve financial performance over time (over the next 3–5 years to meet industry standards). Student provides a thorough and detailed assessment of limitations of the exclusive use of ratio analysis for evaluating financial performance, including any qualitative factors that could also complement the ratio analysis and play an important role in improving financial performance.16- In which of these situations can a firm ensure that they can effectively satisfy customers? a. giving several free items for products bought by the customer b. not telling about the poor features of a product c. selling fake products for a cheap price d. providing value to customers through the quality of the products of the company29 - Which of the following is the correct term used to describe the goods used in the production of other goods such as raw materials? a) non-durable goods B) goods at ease NS) production goods D) durable goods TO) Consumer goods
- 12- Right placement is the example of which principles of departmentation? a. None of the options b. Human side c. Avoid duplication of sections d. Reduction of costWhich one of the following is not the producer's responsibility of duty to exercise due care?a) distribution, b) design, c) production, d) marketing32.Fuller Paints shipped the wrong shade of paint to a customer. The customer agreed to keep the paint upon being offered a 10% price reduction. The price reduction is an example of a a. sales return b. sales discount c. sales allowance d. sales revenue
- Which of the following examples related to a strategic decision? a. Borrowing a working capital from a new source b. Approving the educational loan for the employees c. Introducing a new product d. Altering the due date for delivery of productsWhich of the following would not be a desirable outcome from an organization’s investments inquality?a. An increase in the sales return rateb. A decrease in warranty and service-related costsc. Higher product/service selling pricesd. Reduced manufacturing cost1. When a company's OM strategy is having critical issues such as product design and development, their product's life is at which stage? a. Maturity b. Introduction c. Decline d. Growth 2. Which of the following is a principle of total quality management (TQM)? a. quality problems are solved using trial and error b. quality is defined by the company c. quality is an only an operational issue requiring an operating plan d. quality is a strategic issue requiring a strategic plan