Blaze Corp., a car company, shared its costs of producing cars. It did so by introducing the production of car accessories that are used by customers to upgrade or customize their cars. Blaze Corp. started selling car accessories such as engine oils, wheels, and music player and thus shared its market research costs between cars and car accessories. This led to a definite decrease in the overall cost of production. This scenario best illustrates _____.

Answers

Answer 1

The scenario above that describes Blaze Corp's strategy is best known as Economies of Scope.

Economies of Scope:

Refers to producing multiple goods in order to make savings on costs Is possible when the cost of producing multiple goods is less than the cost of producing those goods individually

Blaze Corp. is selling both car and car accessories and as such, is making cost savings on research costs. This is therefore economies of scope because savings are being made by producing multiple goods.

In conclusion, this scenario best shows economies of scope.

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Related Questions

In 2009, the imaginary nation of Viloxia had a population of 5,000 and real GDP of 500,000. In 2010 it had a population of 5,100 and real GDP of 520,200. During 2009 real GDP in Viloxia grew by Select one: a. 2 percent, which is about the same as average U.S. growth over the last one-hundred years. b. 4 percent, which is about the same as average U.S. growth over the last one-hundred years. c. 4 percent, which is high compared to average U.S. growth over the last one-hundred years. d. 2 percent, which is high compared to average U.S. growth over the last one-hundred years.

Answers

The correct answer is A. During 2009 real GDP in Viloxia grew by 2 percent, which is about the same as average U.S. growth over the last one-hundred years.

Given that in 2009, the imaginary nation of Viloxia had a population of 5,000 and real GDP of 500,000, and in 2010 it had a population of 5,100 and real GDP of 520,200, to determine the growth of real GDP in Viloxia during 2009, the the following calculations must be made:

Total GDP / population = real GDP 500,000 / 5000 = X 100 = X 520,200 / 5100 = X 102 = X 102 - 100 = 2

Therefore, during 2009 Viloxia's GDP grew by 2 percent, which is about the same as average U.S. growth over the last one-hundred years.

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: The primary goal of market research by entrepreneurs is to:

a. Reduce costs
b. Analyze data
c. Make better decisions
d. None of the above

Answers

The goal of market research by entrepreneurs is for them to make better decisions. The answer to this question is option c.

Market research can be described as an activity that is undertaken by the entrepreneur in order to get the required information about the needs and the preferences of the consumer in their target market.

Market research also helps the entrepreneur to know about his rivals in the business, sales of the product and the strategy that would help him to survive in the market.

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can somebody plz help? ASAP

Answers

Answer:

More accessible goods

An increase in international trade

A rise in regional Jobs

a write about veterinary service available in your locality.​

Answers

Answer:

neem vetenary shop is in my locality

the investment demand curve will shift to the right as the result of

Answers

The investment demand curve will shift to the right due to "the availability of excess production capacity."

This is based on the idea that when the production capacity increases, the investment demand also increases.

This situation is established because the firms would want to invest more as the production capacity increases, resulting in more revenue and profits.

Hence, in this case, it is concluded that the demand for supply or goods drives up demand for more investment.

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Businesses want to produce better
products, at better prices, with
better service for customers. Which
of the following is true about
customers?
A. Customers want unlimited goods and resources
from businesses.
B. Businesses can provide unlimited goods and
services for customers.
C. Customers' needs will be satisfied by unlimited
resources.

Answers

Answer:

A

Explanation:

Marilyn has a biweekly gross pay of $810 and claims 3 federal withholding allowances. Marilyn has all of the following deductions from her gross pay:
federal tax from the following table
A 9-column table with 7 rows is shown. Column 1 is labeled If the wages are at least with entries 720, 740, 760, 780, 800, 820, 840. Column 2 is labeled But less than with entries 740, 760, 780, 800, 820, 840, 860. Column 3 is labeled And the number of withholding allowances is 0, the amount of income tax withheld is, with entries 80, 83, 86, 89, 92, 95, 98. Column 4 is labeled And the number of withholding allowances is 1, the amount of income tax withheld is, with entries 62, 65, 68, 71, 74, 77, 80. Column 5 is labeled And the number of withholding allowances is 2, the amount of income tax withheld is, with entries 44, 47, 50, 53, 56, 59, 62. Column 6 is labeled And the number of withholding allowances is 3, the amount of income tax withheld is, with entries 26, 28, 31, 34, 37, 40, 43. Column 7 is labeled And the number of withholding allowances is 4, the amount of income tax withheld is, with entries 14, 16, 18, 20, 22, 24, 26. Column 8 is labeled And the number of withholding allowances is 5, the amount of income tax withheld is, with entries 1, 3, 5, 7, 9, 11, 13. Column 9 is labeled And the number of withholding allowances is 6, the amount of income tax withheld is, with entries 0, 0, 0, 0, 0, 0, 1.
Social Security tax that is 6.2% of her gross pay
Medicare tax that is 1.45% of her gross pay
state tax that is 21% of her federal tax
Determine how Marilyn’s net pay will be affected if she increases her federal withholding allowances from 3 to 4.
a.
Her net pay will increase by $15.00.
b.
Her net pay will decrease by $15.00.
c.
Her net pay will increase by $18.15.
d.
Her net pay will decrease by $18.15.

Answers

Answer:

c

Explanation:

Answer:

Her net pay will increase by $18.15

On January 1, 2021, The Barrett Company purchased merchandise from a supplier. Payment was a noninterest-bearing note requiring five annual payments of $22,000 on each December 31 beginning on December 31, 2021, and a lump-sum payment of $120,000 on December 31, 2025. A 12% interest rate properly reflects the time value of money in this situation. ((FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.)
Required: Calculate the amount at which Barrett should record the note payable and corresponding merchandise purchased on January 1, 2021. (Round your final answer to nearest whole dollar amount.)
Table values are based on:
n=
Cash Flow Amount Present Value
Payments
Lump Sum
Amount recorded

Answers

The amount at which Barrett should record the note payable and corresponding merchandise purchased on January 1, 2021 is $147,396.76.

First step is to calculate the present Value of 5 annual payments using this formula

PV of 5 annual payments = Annual payments x Present value annuity factor (i%, n)

Let plug in the formula

PV of 5 annual payments= $22,000 x Present value annuity factor (12%, 5)

PV of 5 annual payments= $22,000 x 3.60478

PV of 5 annual payments= $79,305.16

Second step is to calculate the present value of lump-sum payment  using this formula

PV of lump-sum payment = Lump-sum payment x Present value factor (i%, n)

Let plug in the formula

PV of lump-sum payment = $120,000 x Present value factor (12%, 5)

PV of lump-sum payment =$120,000 x 0.56743

PV of lump-sum payment = $68,091.6

Third step is to calculate the amount that should be recorded as note payable and corresponding merchandise purchased on January 1, 2021:

n= 5 years

i= 12%

Cash flow Amount       Present value

Payment          $22,000       $79,305.16

Lump sum $120,000 $68,091.6

Amount recorded =         $147,396.76

($79,305.16+$68,091.6)

Inconclusion the amount at which Barrett should record the note payable and corresponding merchandise purchased on January 1, 2021 is $147,396.76.

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Cindy has been working for 8 years, and she’s built up a huge emergency fund -- $45,000, which would be 6 months of her salary. She’s hoping to earn a bit more interest than she currently is with that $45,000 just sitting in her traditional bank’s savings account. Which account would you recommend? Why?

SAVINGS ACCOUNT, CD, MONEY MARKET ACCOUNT

Answers

I will recommend she invest the $45,000 in Certificate of deposit or Money market account.

It is widely known that a traditional bank’s savings account does not provides significant interest rate for deposit unlike other account which are meant from pure investment at long term.

A certificate of deposit are issued by bank to customer promising them a certain interest rate on their deposit with them.

A money market is also an method of investing in short term market and guarantees high interest rate on deposit.

Therefore, I will recommend she invest the $45,000 in Certificate of deposit or Money market account.

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Match the steps that marketing management performs to the scenarios that describe the steps

Answers

The steps that marketing management performs to the scenarios that describe the steps include the "Discovery Step --- Marketing management team are performing detailed research for the best target market for their products or services."

The other steps that marketing management performs to the scenarios that describe the steps include the following:

Strategy step -- the marketing management team determines the proper marketing channels for their product or services. Then, they formulate the messaging and finally plan the timing.

Implementation step -- the marketing management team decides when and where to execute their targeted, cost-effective marketing campaigns and put them into action.

Measurement step -- the marketing management team assesses the marketing campaign results to know the right methods or techniques before continuing with the marketing campaign.

Hence, in this case, it is concluded that the Marketing management team plays a vital role in the product life cycle.

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Difference between perpetual and periodic inventory system

Answers

Answer:

In a perpetual inventory system, the cost of goods is recorded at the time of sale. With a periodic inventory system, it's updated periodically.

closing entries and a post-closing trial balance are steps in the accounting cycle that occur

Answers

Explanation:

[tex] \sin( \cos( \tan( \cot( \sec( \csc( \alpha \beta \gamma e\pi \infty ln( log( log_{ log_{\% \binom{ \\ }{?} }(?) }(?) ) ) ) ) ) ) ) ) [/tex]

taxes and withholdings impact your , which is the amount of money you take home on your paycheck.

Answers

The amount of money that one takes home on their paycheck is known as the net income.

It should be noted that taxes are the compulsory levy that the employee pays which is deducted from their income. Also, pension allowance and some other fees can be deducted.

After all the deductions, the money that the person will then take home is known as the net income. This is the amount taken home after tax withholdings and every other deductions.

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Answer:

The amount of money that one takes home on their paycheck is known as the net income.

It should be noted that taxes are the compulsory levy that the employee pays which is deducted from their income. Also, pension allowance and some other fees can be deducted.

After all the deductions, the money that the person will then take home is known as the net income. This is the amount taken home after tax withholdings and every other deductions.

Explanation:

There are many different workplaces in the Agriculture, Food, and Natural Resources career cluster. Select the

workplaces that sound most interesting or enjoyable to you.

O a farm

O a forest

an underground mine

O an office

O a laboratory

O a veterinary clinic

a garden center

Answers

This is not really a technical question rather it depends on your personal opinion. Me personally, would find a forest a interesting workplace.
The forest and farm sounds most interesting to me

one of the goals of business intelligence is to _________.

Answers

One of the goals that can be attributed to business intelligence as regards this question is that they present the results in an easy to understand manner.

Business intelligence can be regarded as the procedural as well as  technical infrastructure which helps in collection , storing as well as analyzing of data that is been produced by a company's activities.

It entails data mining as well as process analysis and  performance benchmarking.

Therefore , business intelligence give out the results of their analysis in understandable way

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Jeremy has a dispute with a local tree removal company. After a big storm had come through the area, Jeremy had to hire the company to remove a big tree. The two parties had agreed to the price of $1,500. However, the company never finished the job. The company left when the tree was only half removed. Jeremy and his dad finished the rest of the removal two weeks later. Jeremy does not think he owes the tree removal company anything. The tree removal company however wants to be paid. Jeremy offers them $500 in settlement of their dispute. The tree company accepts. This agreement can best be described under contract law as ______________________.

Answers

Answer:

The answer is an accord and satisfaction.  :)

Explanation:

Let me know if there is anything else that you would need help with!

Jeremy offers them $500 in settlement of their dispute. The tree company accepts. This agreement can be best described under contract law as an accord and satisfaction.

What is a contract?

The contract simply means a promise enforceable by law. The promise may be to do something or to refrain from doing something. The making of a contract requires the mutual assent of two or more persons, one of them ordinarily making an offer and another accepting.

If one of the parties fails to keep the promise, the other is entitled to legal redress. The law of contracts considers such questions as whether a contract exists, what its meaning of it is, whether a contract has been broken, and what compensation is due to the injured party. Contract law is the product of a business civilization. It will not be found, to any significant degree, in noncommercial societies.

Most primitive societies have other ways of enforcing the commitments of individuals; for example, through ties of kinship or by the authority of religion.

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Which of the following is an example of greenwashing?

A. A large office starts a recycling campaign to cut down on waste.

B. An event company uses recycled paper products instead of plastic
products.

C. A hair product company cuts back on certain chemicals.

D. A food company changes its packaging to look more natural in order to sell more.

Answers

Answer: i think it's D

Explanation:

In 2009, the imaginary nation of Mainland had a population of 7,000 and real GDP of 210,000. In 2010 the population was 7,300 and real GDP of 223,380. Over the year in question, real GDP per person in Mainland grew by Select one: a. 2 percent, which is high compared to average U.S. growth over the last one-hundred years. b. 2 percent, which is about the same as average U.S. growth over the last one-hundred years. c. 4 percent, which is high compared to average U.S. growth over the last one-hundred years. d. 4 percent, which is about the same as average U.S. growth over the last one-hundred years.

Answers

Over the year in question, real GDP per person in Mainland grew by 2 percent, which is about the same as average U.S. growth over the last one-hundred years.

Real GDP per person is used to determine the standard of living of a population. The higher the real GDP person, the higher the standard of living.

Gross domestic product is the total sum of goods produced in an economy over a period of time.

Real GDP is GDP that has been adjusted for inflation.

The first step is to determine the real GDP per capita in both years

2009 : 210,000 / 7,300 = 30

2010 : 223,380 / 7,300 = 30.60

Growth rate of GDP = (30.6 / 30 - 1) = 2%

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One advantage of increasing your own responsibilities is that you ______.
a. have more control
b. have to think less
c. have more to do
d. have to work less
Please select the best answer from the choices provided A B C D

Answers

Answer:

A. have more control.

Explanation:

Hope this helps :)

Use this with "kind."
True
False

Answers

That makes no since ..

Answer:

??? what do you mean? please be more elaborate

What is
prioritizing?

Answers

prioritizing is treating something more important that others.

Explanation:

Answer:

Prioritization is the activity that arranges items or activities in order of importance relative to each other.

Explanation:

Calculate the interest for a loan of $10,000 with an interest
rate of 8% that is repaid in 2.5 years.

Answers

.

interest= PRT

10000*8/100*25/10

=$2000

which of the following is a benefit of credit?
a. allows you to get what you want sooner
b. it damages your credit
c. puts your bank account in surplus

Answers

Answer:

a

Explanation:

the answer A hopefully this help

The Income Summary account can be defined as which of the following? (Check all that apply.) Multiple select question. A permanent account A temporary account An account whose balance equals net income or net loss An account that contains a credit for the sum of all revenues An account used during the closing process An account that contains a credit for the sum of all expenses

Answers

Answer:

An account that the balance is net income or net less

The Income Summary account can be defined as An account whose balance equals net income or net loss. Hence, option C is correct.

What is meant by net income?

Net income is the amount that a person or business makes after expenses, reimbursements, and taxes. The amount left over after costs like salaries and wages, the price of goods or raw materials, and taxes have been paid is known as a company's net income.

The sum of an employee's paycheck that is left over after payroll deductions such as taxes, benefits, and other expenses is referred to as their gross pay. The amount that is left over after all withholding have been taken into account is referred to as net pay or take-home pay.

Net income is the amount of money that an individual has left over after taxes and other expenses.

Thus, option C is correct.

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The manufacturer sells the article for a fixed price of $2.00. He guarantees to refund the purchase money to any customer who finds the weight of his article to be less than 8.25 oz. His cost of production is related to the weight of the article by the relation x/15 0.35. Find the expected profit per article.

Answers

The expected profit per article for this manufacturer is $1.10.

Data and Calculations:

Fixed selling price per unit = $2.00

Weight = 8.25 oz

Cost of production = x/15 + 0.35

where x = weight

Total cost of production = 8.25/15 + 0.35

= 0.55 + 0.35

= $0.90

Profit per unit = $1.10 ($2.00 - $0.90)

Thus, the expected profit per article is $1.10.

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See attached for complete question.

Identify the factors that impact the social responsibility policies implemented by businesses.

Answers

The result identified factors that influenced CSR practices as competition, employees demand, government policy, organizational culture, and customer demand (β = 0.547,0.34, 0.044, 0.017and 0.008) respectively.

Factors Responsible for the Realization of Social

Responsibility | Business ManagementMarket Forces: Market forces play an important role in making a businessman responsible to social obligations. ... Government Intervention: ... Emergence of Professional Managers: ... Growth of Trade Unions: ... Public Scrutiny:

although the perpetual inventory system updates accounting records after each sale, a physical count is necessary at year-end to address issues such as ________ and

Answers

Even though the records of stock are updated frequently under the Perpetual Inventory approach, a physical count is still necessary to address C : customer theft and spoilage.

The Perpetual Inventory System ensures that there are lower issues with stock accounting because stock changes are recorded after every sale.

A physical count is still needed however to ensure that the stock that is recorded is the same as the actual stock. It might not be the same due to:

Customer thefts e.g. shoplifting Spoilage - some of the stock may have spoiled and become unusable.

In conclusion, physical verification of stock is important to find instances of spoilage and theft.

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Options for this question include:

A : management performance; inventory records systems.

B : failing to meet sales goals; employee discounts.

C : customer theft; spoilage.

D : management performance; employee discounts.

When you are in the good to excellent credit score range, you are likely going to get a better interest rate.
True
False

Answers

Answer:

True

Explanation:

When trying to work efficiently, how should you prioritize your tasks?

Answers

Answer:

Have a list that contains all tasks in one Identify what's important: Understanding your true goals Highlight what's urgent Prioritize based on importance and urgency Avoid competing priorities Consider effort Review constantly and be realistic

Or

Make your to-do list Rank your to-do list Post your to-do list Note your responsibilities Avoid unnecessary tasks Set realistic deadlines Set your break time Put away distractions

HOW CAN COMMUNICATION AFFECT A COMPANY'S PUBLIC IMAGE?

Answers

Answer: In broad terms, corporate communication is the practice of creating, fostering, and maintaining a consistent brand image and identity. Effective corporate communication helps you mold a company image that promotes internal loyalty while also creating loyal external customers.

Answer:

if they don't communicate well with their workers, it will ruin the company's image since non of the workers wouldn't know what to do and then the company will have a downfall since they had no income.

Explanation:

sorry if I don't make sense

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