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Katarina
1 month ago
9

A fast-food chain wanted to add a new product to its breakfast menu. The company considered a pancake shaped like a muffin. The

problem was determining how a customer would add syrup to the pancake while eating and driving. Fortunately, one of the company's suppliers developed a crystallized syrup that seeps through the pancake once it is heated. Explain the phase of new-product development that occurred during this process with the chain and its supplier
Business
1 answer:
marusya05 [3.7K]1 month ago
8 0

Answer: Concept Development

Explanation:

The lifecycle stages a product undergoes include:

1. Concept Development,

2. Introduction,

3. Growth,

4. Maturity and

5. Decline.

The Product Concept Development phase acts as the initial stage in the Product Life Cycle, where the product concept is formulated, the product is constructed, and subjected to testing.

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Identify the appropriate step in the communication process.
Katen [3525]

Answer:

The right choice is option "A": Sender encodes the message.

Explanation:

Communication refers to the act of conveying information between individuals. The communication process consists of five (5) stages: encoding, planning, medium, decoding, and feedback. In the encoding phase, the message to be conveyed is formulated in the form of letters, words, or symbols prior to being transmitted through the channel.

Therefore, Crystal Jenkins is engaged in the encoding phase of communication by drafting a recommendation report.

4 0
1 month ago
Janet and Megan are roommates. They spend most of their time studying (of course), but they leave some time for their favorite a
marusya05 [3725]

Answer:

The opportunity cost for Janet to create a pizza amounts to 0.67 gallons of root beer, while for Megan it is 0.71 gallons of root beer.

Janet possesses an absolute advantage in pizza making, and Janet also has a comparative advantage in this activity.

When it comes to trading, Janet will exchange pizza for root beer. The price of pizza can be represented by the amount of root beer in gallons. To ensure both roommates benefit, the highest trade price for pizza is 0.71 gallons of root beer, while the minimum price allowing for mutual benefit is 0.67 gallons of root beer per pizza.

Explanation:

For Janet, the cost to produce one gallon of root beer is 3/2, which equals 1.5 pizzas. Janet's cost for making a pizza is calculated as 2/3, resulting in 0.67 gallons of root beer.

As for Megan, her cost to produce a gallon of root beer is 7/5, translating to 1.4 pizzas. Megan's cost of producing a pizza is 5/7, which equals 0.71 gallons of root beer.

Opportunity costs represent the additional expenses or benefits forfeited when electing one action or investment in place of another option. For instance, Janet can create either 1.5 pizzas or 1 gallon of root beer in a span of 3 hours, but she cannot accomplish both simultaneously; she must make a choice between the two options.

6 0
2 months ago
Milliken Company paid $2.2 million to purchase stock in another company, $1.0 million to repurchase treasury shares, $0.5 millio
harina [3808]

Answer:

Net investing cash flow = $5,300,000 outflow

Explanation:

Acquisition of stock in another firm = $2,200,000 (outflow)

+ Short-term investment acquisition = $500,000 (outflow)

- Proceeds from equipment sale = $800,000 (inflow)

+ Equipment acquisition = $3,400,000 (outflow)

Net cash flow from Investing activities = $5,300,000 (outflow)

The net investing cash flow amounts to $5,300,000 outflow

Net cash flow is calculated by adding money earned from asset sales, stocks, bonds, or loan repayments, and then deducting money spent on assets, loans, or investments. The result is what you see reported in the cash flow statement as Net Cash Flow.

8 0
2 months ago
Which of the following terms refers to the study of how organizations function and how they affect and are affected by the envir
arsen [3447]
Organizational environment studies how an organization is influenced by its operating surroundings and how it performs within that context. Furthermore, the organizational environment can be categorized into: - the internal environment, which consists of controllable factors affecting the organization, and - the external environment, made up of factors such as political instability that impact the organization beyond its control.
7 0
1 month ago
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