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timurjin [86]
2 years ago
9

Which of the following describes the degree to which a consumer perceives a new product as providing superior​ benefits? A. Rela

tive advantage B. Trialability C. Compatibility D. Complexity E. Observability
Business
1 answer:
Nesterboy [21]2 years ago
5 0

Answer:

The correct answer is letter "A": Relative advantage.

Explanation:

American Professor E.M. Rogers (1931-2004) in his book "<em>Diffusion of Innovation</em>" (1962) defined Relative Advantage like the degree to which a consumer observes a new product enhanced than its substitute. Nowadays the concept of relative advantage denotes <em>the degree in which customers perceive the benefits of a new product higher than existing competitors. </em>

<em> </em>

<em>The adoption of new products will rely on the relative advantage they can provide to consumers.</em>

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Michael owns a machine shop. In reviewing the shop's utility bills for the past 12 months, he found that the highest bill of $2,
Citrus2011 [14]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Highest cost= $2,400 when the machines worked 1,000 machine hours.

Lowest cost= $2,200 when the machines worked 500 machine hours.

<u>To calculate the variable cost per unit and total fixed costs, we need to use the following formulas:</u>

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (2,400 - 2,200) / (1,000 - 500)

Variable cost per unit= $0.4 per hour

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 2,400 - (0.4*1,000)= $2,000

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 2,200 - (0.4*500)= $2,000

Total cost= 2,000 + 0.4x

x= machine hour

<u>Finally, the total cost for 1,200 machine hours:</u>

Total cost= 2,000 + 0.4*1,200

Total cost= $2,480

7 0
2 years ago
Iris was at fault in a car crash in which Phil was injured. As they waited for the EMT's to arrive, a plane, which was part of a
kvv77 [185]

Answer:

superseding cause

Explanation:

According to my research on different liability law suits, I can say that based on the information provided within the question Iris will not be liable for this second set of injuries because the plane crash was a superseding cause. This refers to an accident that happens after another (initial accident) has already occurred in which an injury has happened. In this type of situation the person who caused the initial accident is not responsible for the second accident or injuries caused by it.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

7 0
2 years ago
Blaylock Company wants to buy a numerically controlled (NC) machine to be used in producing specially machined parts for manufac
Elodia [21]

Answer:

2.56 years

Explanation:

Payback period calculates the amount of time it takes to recover the amount invested in a project from its cumulative cash flows.

payback period = amount invested / cash flows

cash flows = $510,000 - $360,000 = $150,000

$384,000 / $150,000 = 2.56 years

7 0
2 years ago
Shoe manufacturers are not going to buy much more leather if the price of leather falls, nor will they buy much less leather if
IgorC [24]

Answer:

A) inelastic demand

Explanation:

Demand is inelastic if a change in price has no effect on quantity demanded.

Changes in price has no effect on quantity of leather demanded. Therefore, the demand for leather is inelastic.

Direct purchasing is buying raw materials used in the production process.

Straight rebuy is purchasing similar goods from the same supplier under similar conditions.

Modified rebuy is purchasing similar goods either from a different supplier or in a different condition.

4 0
2 years ago
The new cereal product development team included a project manager located at headquarters in Chicago, a marketing specialist in
Katena32 [7]

Answer:

The correct option is self-directed work groups and virtual teams

Explanation:

This question takes a look at post-bereaucratic organization(PBO),which is form of organization that differs from multi-divisional or multi-functional structure, where emphasis is laid on hierarchy and loyalty to superiors.

Self-directed work groups and virtual teams are a way to break the barriers that teams must be based in the same location and operate at the same time

With aid of advancement in information technology , far flung individuals can collaborate on issues of common interest, clear and mutual goals.

The team can only meetings via Skype for business and still ensure they deliver at the optimum level

3 0
2 years ago
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