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What else can I help you with?
Common objectives of business organizations?
to offer product or service and get a profit
What services does a service business offer?
A business that is classified as service includes anything that does not manufacture or mine a product. For example, a barber is a service business, just as retailing or a restaurant would be. Most businesses in developed countries are service businesses.
How do you calculate the weighted average unit cost for a product or service?
To calculate the weighted average unit cost for a product or service, you multiply the quantity of each item by its cost, add up these values, and then divide by the total quantity. This gives a more accurate average cost considering the different prices of items.
What is quantity demanded?
Quantity demanded (QS) is the amount of a product or service wanted by the market. QS is corresponded to quantity supplied (QS) that regards how much of the what is wanted is actually offered. When QD equals QS the market is said to be at equilibrium.
What is service concerned business?
A business concerned with service is one where a person provides an activity as opposed to customers purchasing a product. This can include accountants, bankers, lawyers, and hairdressers.
How can one determine the elasticity of a product or service?
One can determine the elasticity of a product or service by analyzing how changes in price affect the quantity demanded. If a small change in price leads to a large change in quantity demanded, the product or service is considered elastic. If the change in price has little effect on quantity demanded, the product or service is considered inelastic.
What is product and service in a business?
product and service in your life cycle
Is the Business employees are not directly related to the quality of a business product or service?
Business employees are not directly related to the quality of a business product or service
Does a tailoring shop is a business?
Yes.Selling any product or service is a business.Tailoring is a service business.
How do you calculate the quantity demanded for a product or service?
The quantity demanded for a product or service is calculated by considering factors such as price, consumer preferences, income levels, and market trends. This calculation helps businesses understand how much of a product or service consumers are willing to buy at different price points.
What does an advertisement have?
An advertisement contains information about a product or service that is available for purchase by consumers. It usually has: details about the product or service, where it is available and how much it costs.
What to do business with the spokesparson?
individual who speaks on behalf of a product or service and whose name becomes associated with the product or service.
How can one create a demand curve for a product or service?
To create a demand curve for a product or service, one must analyze the relationship between the price of the product or service and the quantity demanded by consumers. By conducting market research, collecting data on consumer preferences, and observing how changes in price affect demand, a demand curve can be plotted to show the quantity of the product or service that consumers are willing to buy at different price points.
What basicaly business is?
To sell a product or service at price higher than what it costs to you to make that product or provide that service. Basically to be profitable.
What do buyers do on a daliy basis?
They seek out the product ranges required for their business, look for new and innovation to add to the process. They discuss and agree quantity /price and delivery options. They then monitor usage of the product and reorder or cancel as required to maintain inventory/or service levels.
What is the Internet business?
Truly it would be selling Internet service as an ISP (internet Service Provider) or WISP (Wireless Internet Service Provider). If you mean an Internet Business such as having a website where you are selling a product and/or someone else's product that is also an Internet business where you may or may not be selling Internet service.
Service Vs product?
A service is an intangible act that a business or person performs for a customer, such as mowing a lawn. A product is a tangible item, such as clothing.
