Capital intensive - Study guides, Class notes & Summaries

ETS MFT BUSINESS EXAM The principal difference between variable costing and absorption costing centers on: a) whether variable manufacturing costs should be included as product costs b) whether fixed manufacturing costs should be included as product costs c) whether fixed manufacturing costs and fixed selling and administrative costs should be included as product costs d) none of these. General Bikes is debating which marketing research options to employ. The traditional p...

Finance : Acquires financial resources and capital for inputs Marketing : Generates sales of outputs Operations : Translates materials and services into outputs Process : Any activity or group of activities that takes one or more inputs, transforms them, and provides one or more outputs for its customers Operation : A group of resources performing all or part of one more processes 2 | P a g e Supply Chain : An interrelated series of processes within and across firms that produces ...

MIE 201 Test 1 – Makanui Latest Version Graded A+ Environments of Business - economic - market - technological - social - legal and regulatory market environment - a company's target customers, the buying influences that shape the behavior of those customers, and competitors that market similar products to those customers economic environment - conditions and forces that affect the cost and availability of goods, services, and labor and thereby shape the behavior of buye...

Scarcity? - fundamental problem of economics. Finite. Limited Opportunity cost? - Best foregone alternative Formula for economics? - W Upward arrow infinite (unlimited wants) -------- R (resources) Cobb-Douglas Production Function? - Q= f (K, L) output is a function of K (capital_ and L (Labor) Karl Marx- Das Kapital What is capital-intensive production? - W/ machines its cheaper than labor intensive Labor intensive production? - more expensive than capitol intensive

Mercantilism, as advocated in the 16th and 17th centuries, believed that countries should simultaneously encourage both imports and exports. ~~> False Largely discredited and primitive, mercantilism still influences the trade policies of many countries today. ~~> True Free trade refers to a situation where a government, through quotas or duties, attempts to influence what its citizens can buy from another country, or what they can produce and sell to another country. ~~> ...

RECA Commercial Real Estate Management Certification Exam (2024) || With 100% Verified Questions & Answers RECA Commercial Real Estate Management Certification Exam (2024) || With 100% Verified Questions & Answers Commercial real estate assets have a number of attributes that make them unique relative to other types of investments. These attributes include the following: (x10) - ANSWER - 1. They involve land 2.Transaction time frames are long 3. Transaction costs are high 4. they are expe...

RECA Commercial Unit 2 Questions and Answers Graded A+ Commercial real estate assets have a number of attributes that make them unique relative to other types of investments. These attributes include the following: (x10) 1. They involve land 2.Transaction time frames are long 3. Transaction costs are high 4. they are expensive 5. They are long lasting 6. Highly regulated 7. have a long production cycle 8. are management intensive 9. are heterogeneous 10. Involve measuring return ...

MAR 3203 Exam 1 UCF Questions and Answers Already Passed Productivity increases when __________. inputs decrease while outputs remain the same Which of the following is not one of the basic functions of the management process? Inspecting Which of the following appears to provide the best opportunity for increases in productivity? Management The total of all outputs produced by the transformation process divided by the total of the inputs is __________. multifactor productivity ...

MGSC 395 Exam 1 Ahire Latest Update Graded A+ Operations management The systematic design, direction, and control of processes that transform inputs into services and products for internal, as well as external, customers Process Any activity or group of activities that takes one or more inputs, transforms them, and provides one or more outputs for its customers Operation A group of resources performing all or part of one or more processes Supply chain management The synchronizat...

what are the 4 factors that influenced the development and launch of the textile industry in the US and continue to impact its development today? correct answers Intellectual Property Labor Power Capital Intellectual Property (IP) correct answers Ideas that can be patented Capital correct answers Funds or resources needed to start or expand a business ex: Moses Brown had the funds in his partnership with Samuel Slater Labor correct answers working conditions Power correct answe...