Answer:
Yes, it is very much rightly said that there is no such thing as sustainable competitive advantage. The main logic and philosophy behind my reasoning is that in today's world, products, designs, working processes, organizational secrets can easily be imitated and copied. If any organization succeeds in attaining it, then after some years and time it can still be vulnerable to be copied. For example, before fb, there were many other social networking sites were there, but now they are nowhere. Same could be the case with fb, which might take years but still it is not something impossible to achieve by anyone. Nokia, once was the market leader in the phone industry but then it lost the entire game to Apple and Samsung.
Final answer:
The sustainability movement in business is seen as a long-term trend due to environmental concerns and consumer pressures. Sustainable business practices are becoming integral to achieving long-term strategic success, with sustainability translating into a competitive advantage. The push for conservation and responsible resource management is shaping the corporate landscape and is crucial for future profitability.
Explanation:
The sustainability movement in business is increasingly viewed as an enduring trend rather than a fleeting fad. There are several reasons for this position. Real concerns about the environmental impact of business operations and consumer pressure for more responsible practices are driving changes in corporate behavior. Additionally, the concept of sustainable advantage in business is premised on the ability of a company to maintain a competitive position over time through responsible and forward-looking strategies. The emerging consensus suggests that sustainability and long-term strategic planning are inherently linked.
In responding to the sentiment about whether sustainable strategic advantage exists, it is critical to note that the businesses which adapt to incorporate sustainable practices appear to be more resilient and better positioned for long-term success. The global market has shifted to reward those embracing sustainability, which includes managing finite resources prudently and engaging in ethical practices. This is becoming part of the core value proposition to consumers and investors who are increasingly mindful of environmental and social governance factors.
While the nuances of human behavior and economic systems present challenges when implementing sustainable practices universally, the trend towards sustainability is driven by a recognition of these challenges and the need to overcome them. The sustainability movement's goal to operate within the planet's renewable resources is not without its difficulties, but it is a necessary pursuit to ensure the well-being of the environment, society, and businesses themselves.
Regarding conservation practices, relevant information includes the effectiveness of resource management, impact assessments, and the success of policies aimed at reducing waste and emissions. Businesses must grapple with these issues not only from an ethical standpoint but also as a means to maintain relevance and profitability in an increasingly conscientious global marketplace.
Explain the art of negotiating and an example to go with. :) ( A situation within very sophisticated work, mhm.)
Answer with Explanation:
The "art of negotiating" refers to negotiating while establishing relationships. This refers to providing a win-win situation between the negotiating partners. Both the buyers and the sellers have different strategies in negotiating.
For example, if you are the buyer, you have to make sure that you know very well about the product or service that you are negotiating. If the seller senses that you don't know, it will be your weakness. Thus, preparation is a very crucial step.
On the other hand, if you are the seller, you also have to know whether the product you're selling is in high demand or not. If you are the only source of that product, then you have the "bargaining power." You can name your price. On the contrary, when the economy is depressed, the supply is usually high while the demand is low, so the buyer has a bargaining power in this situation.
Whatever the situation is, ensuring a win-win situation is needed in order to have a good deal. This is very important especially when you have to negotiate with the same person again and again.
1. Why in in the current modern trade, the integration of economic affairs from design to completion is an important priority to every Manufacturing Companies?
2. Define the parties involved directly and indirectly in supply chain and their role for smooth running of business?
Answers with Explanations:
1. Why in the current modern trade, the integration of economic affairs from design to completion is an important priority to every Manufacturing Companies?
Compared to traditional style of trading, the current modern trade is faster and more organized. This is because of the arising needs of the society and the tight competition in the market. So, in order to address these things, the integration of economic affairs from design to completion is deemed as an important priority to every Manufacturing Company. When everything is seamlessly connected, the innovation will become faster and the supply chains will act as if they are in a single platform. This will give customers better tailored products that suits their needs.
2. Define the parties involved directly and indirectly in supply chain and their role for smooth running of business?
A "supply chain" refers to a process involved between a company and its suppliers from production and distribution of goods to buyers or customers.
Parties in the supply chain could either be "directly" or "indirectly" involved. Those who are directly involved in the supply chain are the company, suppliers and the buyers.
Those which are not directly involved are the transporters, warehouses, retailers, distributors and the like.
The chain actually starts with the supplier, who supplies the raw materials. These materials are then manufactured by manufacturers and distributed (via wholesalers). The retailers will then sell them to the customers or buyers.
n 2–3 sentences, describe how you would change the background of a group of cells.
To change the background of a group of cells involves focusing on a good specimen, adjusting the lighting, and drawing and labeling the cell structures clearly, while redrawing boundaries as necessary and documenting each stage.
To change the background of a group of cells refers to preparing and observing cells in a biology lab exercise. You would first enlarge the specimen you're focusing on and adjust the lighting accordingly to improve clarity. Then, for each cell you analyze, you would draw two or three, label important cell structures such as the cell wall, cell membrane, cytoplasm, and chloroplasts, and erase the outlines to re-draw the boundaries of features like the nucleus. Always be sure to update your drawings based on any new observations, and document each stage using your cell phone, or other imaging devices, for records or later analysis.
What is the motivating value of pay equity and pay expectancy for employees?
The compensation received is equal to the value of work performed which is known as the motivation value of pay equity.
One's level of motivation depends on the attractiveness of the rewards sought and the probability of obtaining those rewards which compensates the pay expectancy.
Explanation:
Pay equity : Degree to which the actual pay of an employee matches what he or she thinks to deserve. High pay equity means high employee satisfaction with his or her job, low pay equity increases the potential for absenteeism, grievances, strikes, and turnover. Also called pay satisfaction.Compensating employees the same when they perform the same or similar job duties, while accounting for other factors, such as their experience level, job performance and tenure with the employer.Ensuring employees are paid equitably, employers can increase efficiency, creativity and productivity by helping to attract the best employees, reduce turnover and increase commitment to the organization.What does our government do with tax money? How does government affect the business cycle? Income distribution?
Tax money is utilized by the government for various public services, and government policies on taxing and spending affect the economy and income distribution. Taxes can be used to stimulate economic growth or manage inflation, while also potentially redistributing wealth to reduce income inequality. However, they can also burden taxpayers, influencing economic behavior and decisions.
Explanation:Tax money collected by the government is used for various public services and programs that benefit society. These include infrastructure projects, education, social security, healthcare, defense, and welfare programs. The way these funds are allocated can have a significant impact on both the economy and income distribution.
Government Policies and the Business CycleGovernment policies related to taxing and spending can affect the business cycle by either stimulating or slowing down economic growth. For example, during a recession, the government might reduce taxes or increase spending to boost economic activity. Conversely, to cool down an overheated economy, the government may increase taxes or cut spending.
Through fiscal policy, which includes taxation and government spending, the government aims to manage economic stability and growth. A decrease in taxes potentially increases consumers' disposable income, leading to higher consumption and investment by businesses. Increased government spending can directly stimulate demand in the economy, creating jobs and promoting growth. However, both can also lead to deficits and increase public debt if not balanced properly.
Income DistributionGovernment taxation policies can significantly affect income distribution by redistributing wealth through progressive taxes, where higher earners pay a larger percentage of their income in taxes. This helps to fund social services such as welfare benefits, unemployment insurance, and educational programs that primarily benefit lower-income individuals, potentially reducing income inequality.
Tax Burden and Economic GrowthWhile taxes are necessary for funding government operations and services, they can create a burden for taxpayers. High taxation can reduce incentives to work or invest, potentially hindering economic growth. Moreover, the complexity of tax codes and the politics surrounding tax laws also influence the economic decisions of individuals and corporations. Policymakers and voters need a clear understanding of taxation's impacts to make informed decisions about fiscal policy.
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Becca is a business writer looking for information on public service jobs in California that don’t require a college degree. She wants to use the keywords “engineering jobs NOT college degree” on an online resource to search for this data. Which is a credible resource for Becca’s research?
A.
the website of an employment agency in San Francisco, California
B.
the careers web page of the state government of California
C.
a blog post by a government employee about expanding career options
D.
the website of a company that trains people for administrative jobs
Answer:
Becca is a business writer looking for information on public service jobs in California that don’t require a college degree. She wants to use the keywords “engineering jobs NOT college degree” on an online resource to search for this data. Which is a credible resource for Becca’s research?
the careers web page of the state government of California
Explanation:
the careers web page of the state government of California will give Becca the best information on how she could get her her desired information
Becca should use the careers web page of the state government of California for her research. It would provide official, current, and unbiased details about engineering jobs that do not require a college degree. Other sources may have incomplete or biased information.
Explanation:The most credible resource for Becca’s research would be B. the careers web page of the state government of California. This website would have accurate and current information about public service and engineering jobs that do not require a college degree. The State's careers page will provide an official list of job opportunities, including the educational requirements for each. Whereas an employment agency, a blog post, or a training company might have limited or skewed information, the state government website is likely to provide a comprehensive and unbiased view of the job market.
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Would a firm with low degree of operating leverage need to sell more units of products to reach break-even point or less? Why?
Answer:
The company would need to sell less units of product.
Explanation:
Operating leverage measures the relationship between variable and fixed costs. Those companies with low operating leverage have a larger proportion of variable costs in its total costs structure and need to sell smaller amount of units in order to cover its fixed costs. Since breaking point is the point were profit is equal to zero and where sales income is equal to the total costs, consisting of both fixed and variable costs, it needs to sell less products, as its variable costs increase with the number of units sold.
I identify the different names given to the income statement.
Explanation:
An income statement is the most important "financial statements" which has the ability to show to the company's financial performance over a specific accounting period.It includes the expenses, revenue and also the net income or loss for a particular accounting period.Revenue is earned and also reported to the statement of operations / income statement.Definition of the term:
Revenue: Money received through sale of products or services
Uses of income statement:
To determine the operating performance of your business over a period of time
John's T-shirt business uses the demand function P= -Q + 38 and the supply
function P = Q-6. According to these functions, what will the equilibrium
point be for John's T-shirt business (i.e., the number of T-shirts sold and the
price at which they're sold)?
O A. (6,38)
O B. (16,22
O C. (22,16)
O D. (38,6)
The correct option is - B (16, 22)
Explanation:
Given:
Demand function = P = -Q +38
Supply function = P = Q – 6
In order to find the equilibrium, the demand function must be equal to the supply function.
Thus, putting the demand function equal to the supply function , we get,
Q – 6 = -Q + 38
Solving the above equations, Q = 22
Now, putting the value of Q in demand function in order to find out the value of P,
P = -22 + 38
P = 16
Thus, Option B is correct (16, 22)
Answer:
22,16
Explanation:
I read the comments
1. What is the difference between fixed, variable, and periodic costs?
Answer:
The difference is in how they response to the level of production of the firm.
Variable cost are directly associated with the production level, therefore changes with the number of units produced.
Fixed costs do not change with the level of production and remains fixed. Usually, fixed cost changes with the time.
Periodic Costs are the costs that cannot be capitalised and are incurred for a period of time. Such as administrative costs.
Explanation:
What is the annual rate of return on a bond bought on the open market called?
A. coupon rate
B. yield
C. maturity
D. par value
Answer:
A. coupon rate
Explanation:
The coupon rate is the yearly yield rate that bondholder receives for investing in a bond. It is the interest rate that investors earn by purchasing the bond. The coupon rate remains constant from the date of issue until maturity. It is calculated from the maturity value and is stated at the time of bond issuance.
The coupon rate is one of the main determinants of bond attractiveness. A high coupon rate makes the bond attractive to investors. A high-interest rate means that investors will receive higher returns on regularly.
Answer:B. yield
Explanation:
Based on your reading of the following, which stage of the marketing research process is in operation?
The company Bonobo had great success with its stuffed toy monkeys sold in card shops, but suddenly sales were dropping off in one of its sales regions in the South. The marketing director had been tasked by the company president to find out what happened. She discovered that a local competitor had begun selling a similar stuffed toy, also a monkey, made from cheaper material, although both monkeys looked remarkably similar. The knock-off money was selling for $7 less than Bonobo’s monkey. The marketing director explained to the president that Bonobo had been outpriced by a local competitor.
create an action plan
develop a plan for research
interpret results of research
create objectives for research
Answer:
Create an action plan
Explanation:
According to the situation, the company is in the phase of developing an action plan to counter the situation at hand.
They are only done with developing research plan and and creating objectives because that is how they gathered the data on the local competitor who is selling the same toy, but cheaper.
Now, it is time for them to develop an action plan. Once they have implemented the plan, they can go ahead and analyse and interpret the results of the study.
Answer: got this answer wrong, I would go with “develop a plan for research”
Explanation:
Explain the importance of money in the economic society?
Answer:
Money performs many functions in a modern economy. ... Thus, money is a medium of exchange, a measure of value, a store of value, and a standard of deferred payments.
Which best explains how the law of demand affects consumers?
It helps consumers know when prices are going down.
It helps consumers know when prices are going up.
It helps consumers tell producers when prices are too high.
It helps consumers tell producers when to make new goods.
The law of demand effects consumer as
It helps consumers tell producers when prices are too high.
Explanation:
The law of demand is a microeconomics concept where it is stated that "conditional on all else being equal, as the price of a good increases, quantity demanded decreases; conversely, as the price of a good decreases, quantity demanded increases".
According to this law thus, it helps costumer to understand which property is high on demand and thus will have high prices and which products having a lower price could be in less demand but it does not really translate to how good the product is.
which of the following accurately describes a capital gain
Answer:
An increase in value of an investment
Explanation:
If you are referring to the question:
Which of the following accurately describes a capital gain?
a. An increase in the value of an investment.
b. An u p w a r d trend in prices.
c. A rise in the standard of living.
Capital gain refers to the increase or rise in value of capital assets. Capital assets are things like real estate, cars, investments, and the like. It basically means that what you bought or invested in would be worth more than its purchasing price when sold. Of course, the gain does not occur until you sell it.
A capital gain is the profit made when an asset is sold for a higher price than it was originally bought. It's common in real estate and investment scenarios and is usually subjected to tax.
Explanation:A capital gain refers to the increase in the value of an investment or a real estate property, so when it gets sold, it results in a profit. This profit made from the sale of an asset (like stocks, bonds, or real estate) where the selling price exceeds the buying price, is termed as a capital gain.
Capital gains are common in the world of investments and typically subjected to taxes, although the specifics can vary depending on the country's tax laws.
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All of the products a company sells in a particular category are called a.
A. line extension
B. product mix
c. product line
D. family brand
SUBMIT
All of the goods that a business sells under a given category are referred to as the "product mix" in this context. It covers a range of the company's product lines and particular goods that it sells to clients. The correct option is B.
A company's whole line of items that it offers to its clients for purchase is referred to as the product mix, also known as a product assortment or product portfolio.
It comprises all the many product lines and particular products that the business produces, distributes, or sells within a particular category or market niche. A product mix might include goods with various characteristics, price ranges, functions, and target markets.
Thus, the ideal selection is option B.
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Among the explanations below, which one is not a reason to favor the use of a beta distribution to
capture cross-customer differences in our probability model of customer behavior?
It easily lends itself to make optimal decisions about marketing spending
Its parameters can easily be compared across datasets to draw insights about different groups of
customers
it is easy to implement in standard software leg. Microsoft Excel)
It is very flexible, .e. it can take on many different shapes.
The answer choice which is not a reason to favor the use of a beta distribution is option B.
What is Beta Distribution?This refers to the continuous probability distribution which is defined by the interval [0, 1].
Hence, we can see that for all the advantages of making use of beta distribution, the reason which is not an advantage is that it easily lends itself to make optimal decisions about marketing spending.
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Hi i'll mark brainliest, so pls help me out.
Person chosen: Oprah Winfrey
Entrepreneur Idea:
Motivations and Incentives:
Competition for the Business:
Success and Achievements of the Business:
Growth of the Business (Be sure to use the terms “culture” and “cultural diffusion” in this section.):
Entrepreneur Idea: Oprah Winfrey. Born 'Orpah' Gail Winfrey, Oprah is an American entrepreneur and philanthropist known for her multi award winning show 'The Oprah Winfrey Show' (1986-2011).
Motivations and Incentives: She saw early on that Oprah had a passion and skill for public speaking and encouraged it. But more importantly than that, Oprah's grandmother supported that young woman so thoroughly that she helped cultivate a positive sense of self-worth.
Competition for the Business: The top 10 competitors in Oprah's competitive set are Divo Mullins, Tamirfilms, Refinery29, Cable News Network, FOX, CafeMedia, June Media, EBONY, BlogHer and Village Holdings.
Success and Achievements of the Business: Oprah Winfrey's career has spanned every form of media and beyond. She has had a turn in being an actress, talk show host, producer, and philanthropist.
Growth of the Business: In 1999 Winfrey debuted Oxygen Media, a company she co-founded that's dedicated to producing cable and Internet programming for women. In doing so, Winfrey ensured her spot in the forefront of the media industry as one of the most powerful and wealthy people in show business.
I really hope this helps!
Which of the following best explains why globalization has led to wage cuts
in some jobs in the United States?
O
A. Immigration increases domestic consumption, leading to more
competition for goods and services.
O
B. Free trade increases competition among producers, providing an
incentive to increase productivity and lower prices.
O
C. Outsourcing increases the domestic supply of workers, driving
down the price of labor.
O
D. Protectionist policies increase tariffs, which make goods and
services more expensive.
Answer: Outsourcing increases the domestic supply of workers, driving down the price of labor.
Explanation: Globalization has led to wage cuts in some jobs in the United States as a result of Outsourcing increasing the domestic supply of workers, driving down the price of labor. since there are more than enough supply of supply , wages paid for labour by industries will reduce.
Alice earner 32,756 annually ; 6.5% of her gross pay was withheld for state and local taxes. How much were her taxes ?
Your friend is a business owner in a planned economy. In a few sentences, explain how central authority impacts his business.
In a planned economy, the central authority impacts a business owner by controlling resource allocation, setting production quotas, determining prices, and limiting competition.
Explanation:In a planned economy, the central authority has a significant impact on the business owner. The central authority controls the allocation of resources, sets production quotas, and determines the prices of goods and services. This means that your friend's business decisions are constrained by the directives and regulations from the central authority. For example, if the central authority decides to prioritize another industry, your friend's business may receive fewer resources and face restrictions on expansion.
Moreover, competition may be limited in a planned economy as the central authority often controls major industries. This can make it difficult for your friend's business to thrive and grow in a competitive market. The central authority's policies also influence consumer demand, which can impact the demand for your friend's products or services.
Overall, the central authority's control and influence in a planned economy can create both opportunities and challenges for your friend's business.
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ABC Bookstore sells packages of books that include both new and used
books. New books cost $17 and used books cost $7. The bookstore wants to
sell packages that have 32 books total, and the store charges $304 for each
package. How many new and used books will be in each package?
A. 24 new, 8 used
B. 8 new, 24 used
O
c. 17 new, 7 used
O
D. 7 new, 17 used
Answer: there should be 8 new books in each package and there should be 24 used in each package.
Explanation:
8 time 17 is 136 then you add 24 times 7 and you get 168. Then you add that together to get a total of 304 dollars
8 new, 24 used books will be in each package. The correct option is B.
What does a bookstore do?Books and anything related to books are of course sold in bookstores. However, they can also be used as publishing houses, classrooms, lecture halls, cafés, play areas, and reading rooms in addition to these other uses.
The total number of books in the package is 32. Therefore, x + y = 32
The cost of the package is $304. Therefore, 17x + 7y = 304 (since each new book costs $17 and each used book costs $7)
x + y = 32
x = 32 - y
Now, we can substitute this expression for "x" into the second equation:
17x + 7y = 304
17(32 - y) + 7y = 304
544 - 17y + 7y = 304
-10y = -240
y = 24
So, there are 24 used books in the package. We can use the first equation to solve for "x":
x + y = 32
x = 32 - y
x = 32 - 24
x = 8
Therefore, there are 8 new books in the package.
Thus, the ideal selection is option B.
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Alex wants to buy a pair of shoes. But they cost $45.99, not including tax. Using Alex’s entertainment/ clothing budget, how long will it take him to have earned enough money for the shoes?
Answer:the answer is 3 hours minus 320 percenrted to the 9th power
Explanation:
disappointed. "You can't win in this business. You give
what they want, and the complaints go through the ro
was quite concerned about the next board of directors
and what the board would have to say about her mana
of the airline.
1. What is the service product of the airline industry?
Disappointed by airline industry and the services provided by airline industry is given below
Explanation:
1.Disappointed customerwill not only cost you money but will also create the possibility of bad word-of-mouth, which can affect future sales and money in your pocket.
2.In an airport environment, and in particular in a hub station with the high volume of connecting traffic and increased probability that you will experience some sort of service disruption, this is even more critical. When you get a sandwich you don’t like or your movie freezes or your bed is not made-up to your liking, you are upset and looking for someone to remedy the situation. Once you have established that you will not elevate your tone to match that of the irate customer, you need to do a few more things. You have to listen to the problem and try to see it through the eyes of the customer. He or she will tell you everything you need to know. The actual incident is never at the root of the behavior. The more you are able to convey your empathy for the situation the customer is in – “I was late coming in from New York and I missed the connecting flight to San Francisco, where my sister is getting married tomorrow morning.” – the greater the trust that will develop between you and the customer. More than anything, customers want someone from your company to understand the unfortunate circumstances they have been left in. They want to vent, they want to feel that you have understood and cared about their predicament, and they want a genuine apology. Lastly, they want a solution. They want to see you try to find a fix for their problems, and even if the result is not ideal, they will be brought back to a calm state by your efforts and communication. Maintain good eye contact, let them know what you’re doing, and try to deliver a solution that addresses their concerns. It is not always possible to do this, and companies generally employ a Customer Relations department to handle transactions such as refunds or compensation for situations where the employee and the customer were unable to reach an acceptable resolution at the first point of contact.
3.Essentially, an airline's hard product is the plane itself, and the airline's soft product is the service, food, and the drinks. Hard product can also be non-airplane constituents, such as lounge amenities. Consequently, the food and drinks in the lounge is soft product, while airline lounge showers are hard products.
Name three reasons why a person might voluntarily leave a stable job
Final answer:
Individuals may leave stable jobs to seek personal fulfillment, escape toxic work environments, or pursue flexible working conditions and better opportunities, reflecting a desire for professional growth, mental well-being, and alignment with personal values.
Explanation:
Individuals may voluntarily leave stable jobs for various reasons, each reflecting personal and professional growth desires, or concerns about their current work environment. Three prominent reasons include seeking personal fulfillment, escaping a toxic work environment, and the allure of flexible working conditions or better opportunities elsewhere.
Personal fulfillment often drives individuals to leave comfortable positions in pursuit of careers that align more closely with their passions or long-term goals. This shift is increasingly common as individuals seek jobs that not only provide financial stability but also contribute to their sense of purpose and happiness.Toxic work environments can significantly impact an employee's mental and emotional well-being. High stress, poor management, and negative workplace culture are compelling reasons for individuals to leave their jobs, hoping to find healthier environments that support their professional growth and personal health.The desire for more flexible working conditions or better opportunities can also motivate individuals to leave stable jobs. This might include the desire for remote work options, better work-life balance, or more engaging and challenging work. As priorities shift, individuals may find that their current roles no longer align with their personal or professional aspirations.How much money does Ron Swanson have in Parks and Recreations?
Answer:
$15-20 Million Dollars
Explanation:
Mr. Alvarez's simple interest savings account currently has a balance of $12,500. He earns 6% Interest annually. Calculate his balance for one year
If no additional deposits are made,
A $13,250.00
B $12,506.00
C $13,500
D $12,560.00
Answer:
A $13,250.00
Explanation:
The formula for calculating balance at the end of a period using simple interest is as below.
A = P(1+rt)
A = final amount
P= principal amount which is $12500
r= interest rate 6% or 0.06
t = time which is 1 year
A = $12,500(1+0.06 x 1)
A = $12500 x1.06 x 1
=$12500 x 1.06
=$13,250
The founder and former ceo fo jones soda peter van stock claime that sharing the core values of your loyal customer base is just good for buisness. if you wanted to integrate this business philosophy into your own company you would study
Answer:
Proactive Stance
Explanation:
In business, Proactive Stance means that you take a precautions to handle the events that might occur in the future.
Maintaining loyal customers base and good core values tend to require higher cost for the company. since it has to put more investment in high level customers service or high quality materials.
But, in the long run, this will be beneficial for the company. Loyal customers tend to be the least likely to switch to another product. Not only that, if in the future company made a mistake that damage its reputation, loyal customers tend to be more forgiving. This is why maintaining loyal customers base tend to be considered as a proactive stance.
Which skills do educators need for scheduling school projects?
Answer:
Scheduling school projects is a huge task. Educators must have the time management skills to execute such projects. It is of utmost importance that time frames and project length are kept in mind to mange all the functions smoothly.
Educators must have strategic skills so they can manage school project without hindering the daily school routines.
Educators must be learner centered so they can come with projects that effective and enhance the learning of students in different fields, both bookish and recreational.
Ricardo buys a coffee maker as a gift for his sister. The product turns out to be defective. Ricardo knows that he can complain about the product
to the authorities. Who would be liable from the producers company if Ricardo files a complaint?
OA. vendors
OB. wholesalers
OC. manufactures
OD. the entire supply chain
Answer:
the entire supply chain (hope this helps) pls i need one more brainly to rank up
Final answer:
Manufacturers are primarily liable for the defective coffee maker that Ricardo bought, as they are responsible for ensuring the product's safety and proper functionality. The correct option is C.
Explanation:
If Ricardo files a complaint about the defective coffee maker he bought as a gift for his sister, the manufacturers would be the primary party liable for the product defect. While vendors and wholesalers are part of the product's distribution chain, the responsibility for the safety and proper functioning of a product lies mainly with the manufacturers, as they are the ones who create the product and ensure it meets safety standards. In certain cases, depending on the nature of the defect and the laws in the jurisdiction, liability can also extend to others in the supply chain, including wholesalers, vendors, and retailers. However, generally, manufacturers are the ones held accountable for defects that cause harm to the buyer.