What are durable goods - Study guides, Revision notes & Summaries

Scarcity and Choice Human wants and needs are unlimited and resources to satisfy them are limited. Choices must be made between the possible alternatives 3 Questions every economy must answer What to produce? How to produce it? For whom it is produced? Brainpower Read More Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:00 / 0:00 Full screen 3 Questions What to produce? Have to evaluate more than just needs. Involves the wants and needs of ...

product ~Ans~ is anything that can be offered to a market to satisfy a want or need, including physical goods, services, experiences, events, persons, places, properties, organizations, information, and ideas. 5 Product Levels of Customer Value Hierarchy ~Ans~ core benefit basic product expected product augmented product potential product core benefit ~Ans~ the service or benefit the customer is really buying basic product ~Ans~ the simplest form of a product expected product ~A...

CDR PRACTICE EXAM 1| 125 QUESTIONS| 26 PAGES| WITH COMPLETE SOLUTION|2022/2023 LATEST UPDATE CDR EXAM   CDR Practice Exam 1| 125 QUESTIONS| 26 PAGES| WITH COMPLETE SOLUTION What is the stored form of glucose? a. glycogen b. sucrose c. myoglobin d. monosaccharide Correct Answer: A->Glycogen is the stored form of glucose and is classified as a polysaccharide. Sucrose is a disaccharide sugar. Monosaccharides are a class of sugar, but not the stored form of glucose. Myo...

product - is anything that can be offered to a market to satisfy a want or need, including physical goods, services, experiences, events, persons, places, properties, organizations, information, and ideas. 5 Product Levels of Customer Value Hierarchy - core benefit basic product expected product augmented product potential product core benefit - the service or benefit the customer is really buying basic product - the simplest form of a product expected product - everything that r...

product correct answers is anything that can be offered to a market to satisfy a want or need, including physical goods, services, experiences, events, persons, places, properties, organizations, information, and ideas. 5 Product Levels of Customer Value Hierarchy correct answers core benefit basic product expected product augmented product potential product core benefit correct answers the service or benefit the customer is really buying basic product correct answers the simplest f...

Operations Management (OM) - correct answer the science and art of ensuring that goods and services are created and delivered successfully to customers. good - correct answer a physical product that you can see, touch, or possibly consume. durable good - correct answer A good that does not quickly wear out and typically lasts at least three years. nondurable good - correct answer a good that is no longer useful once it's used, or lasts for less than three years. service - correct an...

UGBA 10 Operations Module 1 What's Operations Management? - correct answer OM is the study of supplying products and services in the right amount at the right place, at the right time, and at the right quality. What is Corporate Sustainability? - correct answer It is a business approach that creates long-term consumer and employee value by creating a "green" strategy aimed toward the natural environment and taking into consideration every dimension of how a business operates in the soci...

capital what type of a good is a truck used by a florist to deliver flowers physiocrats which group favored a natural economy 6 Ways to Show Appreciation for Your Child's Teacher 0:19 / 0:54 55k If Gordon accounting business had expenses = 90k and revenues totaling 115k last year but he could have had a salary of 80k working for someone else, what was his opportunity cost income effect what states that when the price of a good falls consumers tend to buy more of t...

what is a means through which buyers and sellers exchange goods? market True/False: Market signals are signs that producers use to determine how much to buy true Approximately how many years of life expectancy mark the difference between durable and nondurable goods? three years True/False: Signals are transmitted in much the same way for both durable and nondurable goods true In a free market economy, who determines what goods are to be produced and in what quant...

A pick list contains information that - Correct answer-Identifies the supplies and instruments needed for a specific doctor and procedure The basic unit of a living organism - Correct answer-Cell What is the name of the surgical procedure where an opening is made into the skull? - Correct answer-Crainotomy The decontamination area of the central service department is where instruments are carefully checked for cleanliness and function (T/F) - Correct answer-False The term "periosteal ele...