What is the function of product and service management? Choose the answer.
2
budgeting for a product development or financing a sale
15
activities or functions associated with promoting and selling a product or service
18
looking at the best ways to meet customers needs
direct communication with customers to help satisfy their purchasing needs

Answers

Answer 1

Answer:

activities or functions associated with promoting and selling a product or service

Explanation:

15 is dah answer

Answer 2

Activities or functions associated with promoting and selling a product or service are the functions of product and service management. The correct option is B.

What is a service management function?

Value delivery to customers and customer relationships are the two main focuses of service management. The interactions of IT technical staff with customers and clients can be organized using the framework provided by service management.

Based on consumer preferences and the state of the market, PSMs guide decisions regarding products and marketing. This prevents businesses from spending money on features they won't actually use. It also aids in marketing by helping to center messaging around the features and advantages that customers have been requesting.

Thus, the ideal selection is option B.

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Related Questions

An organization type that is unlikely to be found in a traditional organization is: Hierarchical Networked Flat Traditional

Answers

An organizational structure is a system that defines modalities for certain activities to be directed in order to achieve the goals of an organization. Hence, the one not found is networked.

Defining an Organizational Structure

Companies of of different mangnitudes use organizational structures verily. They define a specific hierarchy within an organization.

A successful organizational structure defines each employee's job and how it fits within the overall system. Summarily, the organizational structure lays out who does what so the company can meet its objectives. it is found in traditional structure.

Network Structure

This type of organizational structure is also known as matrix structure. It is also the most confusing and the least used. This structure networked staff across different superiors, divisions, or departments.

Therefore, the answer is network.

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Company debt normally takes the form of ________, and it is an asset that can be traded anywhere at any time.

Answers

Company debt normally takes the form.of global bonds which can be traced anywhere.

What is global bonds?

Global bonds is also called Eurobond and it is a form of bond that is granted or isdued and traded using a country currency in a country where the currency of the bond is denominated. Global bonds can have a fixed or floating rate with maturities which can be between one to 30years. This kind of bond normally take place outside a country's dormain.

Therefore, Company debt normally takes the form.of global bonds which can be traced anywhere.

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A fixed income security where the borrower, like a government or corporation, agrees to
pay back the investor/lender with a certain interest rate and duration, is called:

debit card

the gold standard

a bearer

a bond

Answers

Answer:

A bond

Explanation:

Israel’s economy is heavily based on the production of technology and services. How should Israel invest its money to see the greatest increase in gross domestic product (GDP) per capita?.

Answers

Israel must invest its money to develop more efficient methods to produce technological products to see the greatest increase in gross domestic product.

What investment by Israel would increase its GDP?

GDP tends to measure the market value of all goods that a nation has produced in a given period. As Israel has an abundance of technological advancements and capital then it must focus on making continuous improvements in it.

Therefore, Israel would get higher production capacity with efficiency and cost-effectiveness that would ultimately contribute to its GDP.

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Lendell Company has these comparative balance sheet data: Additional Information for 2017: Net income was $25,000. Sales on account were $375,000. Sales returns and allowances amounted to $25,000. Cost of goods sold was $198,000. Net cash provided by operating activities was $48,000. Capital expenditures were $25,000, and cash dividends were $10,000. Compute the following ratios at December 31, 2017. (Round current ratio to 2 decimal places, e.g. 1.83 and all other answers to 1 decimal place, e.g. 1.8. Use 365 days for calculation.) Current ratio.:1 Accounts receivable turnover. times Average collection period. days Inventory turnover. times Days in inventory. days Free cash flow. $

Answers

The Current ratio equals 2.9, the Accounts receivable turnover equals 5.77 and Average collection period equals 63 days.

What is Current ratio?

= Current Assets / Current Liabilities

= 145,000 / 50,000

= 2.9

What is Accounts receivable turnover?

= Net sales / Average Accounts Receivable

= 375,000 / )(70,000 + 60,000) / 2)

= 5.76923076923

= 5.77

What is Average collection period?

= 365 Days /Average Receivable Turnover ratio

= 365 / 5.77

= 63.2582322357

= 63 days

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how to divide an improper fraction by a proper fraction ​

Answers

Answer:

Mathematicians use three categories to describe fractions: proper, improper, and mixed.

Fractions that are greater than 0 but less than 1 are called proper fractions. In proper fractions, the numerator is less than the denominator. When a fraction has a numerator that is greater than or equal to the denominator, the fraction is an improper fraction. An improper fraction is always 1 or greater than 1. And, finally, a mixed number is a combination of a whole number and a proper fraction.

Explanation:

Fractions that are greater than 0 but less than 1 are called proper fractions. In proper fractions, the numerator is less than the denominator. When a fraction has a numerator that is greater then or equal to the denominator, the fractions is an improper fraction. An improper fraction is always 1 or greater than 1. And, finally, a mixed number is a combination of a whole number and a proper fraction.

The Nigel Co. had four separate operating segments:What amount of revenues must be generated from one customer before that party must be identified as a major customer

Answers

The amount of revenues must be generated from one customer before that party must be identified as a major customer is: $53,180.

Revenue generated

Any revenues generated from a single customer have to be disclosed if the amount is either 10% or more of consolidated sales.

Hence:

Using this formula

Consolidated revenue= Total sales to outsider for 4 separate operating segments×10%

Let plug in the formula

Consolidated revenue=($173,600+$115,300+$134,000+$108,900)×10%

Consolidated revenue=$531,800×10%

Consolidated revenue= $53,180 minimum

Inconclusion the amount of revenues must be generated from one customer before that party must be identified as a major customer is: $53,180.

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When a manufacturer saturates the market by selling to any intermediary of good financial standing that is willing to stock and sell the product, the manufacturer is engaged in.

Answers

A scenario where a manufacturer saturates the market by selling to any intermediary of good financial standing is known as intensive distribution.

Who is a manufacturer?

It should be noted that a manufacturer simply means an individual who produces goods and services to be used by consumers.

In this case, the situation where where a manufacturer saturates the market by selling to any intermediary of good financial standing is known as intensive distribution.

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What role do senior leaders play in achieving innovation strategy?.

Answers

The role that the senior leaders get to play in achieving the strategy is to ensure that all structures are in place that would drive the process forward.

What is a senior leadership team?

These are tghe senior group of workers who are responsible for strategising and also advising workers.

They help by giving constructive ideas and also crating openness to ideas.

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Which of these is an organizational skill?
A. Respect
B. Knowing multiple languages
C. Patience
D. Multitasking

Answers

In my opinion, I think it would be multitasking. Not completely sure.

The ability to prioritize tasks according to those that must be finished right away versus those that can wait, be given to another person, or be done without, is referred to as organizational skills.

Thus, Option D is correct.

Why is it crucial to have organizing skills?

No matter where or how you work, having organizational skills can help you manage your current position as well as hunt for new employment or advance in your existing position. With so many requests, responsibilities, and expectations on your plate, being organized can help you make the most of your time, energy, resources, and mental space so that you can accomplish your objectives and complete your work with less stress.

Your physical and digital areas can be organized with the help of organizational skills, which can also help you manage, organize, and plan all you need to do. Simply, having good organizing abilities helps you perform better at work. They help you perform at your highest level at work.

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Unloading the dishwasher is an example of a _____. a. Two minute action task b. Time sensitive task c. Locationally sensitive task d. Multi-task job

Answers

Answer:

C or 3

Explanation:

Locationally sensitive task

Unloading the dishwasher is an example of a Locationally sensitive task.

Thus, the correct option is C.

What is  Locationally sensitive task?

A task in project management is an action that must be finished by a specific date or time in order to advance professional objectives. It is a minor but crucial task that helps to distinguish between different project components.

A task can be divided into assignments, each of which should have a set start and finish date or completion deadline. An assignment or assignments on a task start the task's execution.

A task is typically considered finished after all assignments for that task have been performed. Dependencies can be established by connecting tasks together.

The cooperation of others is typically required to complete tasks. In order to achieve a common objective, coordinated human contact integrates the time, energy, effort, capability, and resources of numerous individuals.

Another way to think about coordination is as the vital mechanism that connects or ties together individual efforts with those of the broader task being carried out by a number of people. Coordination enables one to successfully do tasks that would be more difficult to complete without it.

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Allegra wants to purchase a cruise to alaska. in the search process, she discovers this purchase is different from an expenditure on a car in that the cruise ______.

Answers

What Allegra is going to discover is that this purchase is different from an expenditure on a car in that the cruise cannot be easily separated from the service providers such as the stewards and crew.

What is a purchase?

This is a term that is used to refer to the fact that a person has acquired a good or a commodity.

The purchase of this product is one that can not be differentiated from one that would have all the crew members intact.

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Emma earns $8.50 for her job as a barista. She receives overtime for all hours worked over 40 in a week. She worked 20 hours last week. What was her gross pay for last week?

Answers

if im right i think its 6800

On the Federal Reserve's balance sheet, securities would include Multiple Choice mainly U.S. Treasury and municipal bonds. private and public debt. U.S. Treasury securities. bonds issued by commercial banks.

Answers

The securities in a Federal Reserve's balance sheet will be C. U.S. Treasury securities.

What is a Federal reserve?

A federal reserve simply means the central banking system of a country. It oversees the country's finance.

In this case, the securities in a Federal Reserve's balance sheet will be the United States Treasury securities.

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Each market __________ consists of people who are relatively similar to each other in terms of their consumption behavior.
A. need group
B. division
C. positioning
D. segment

Answers

Each market need group consists of people who are relatively similar to each other in terms of their consumption behavior.

Market and Market need group

Market needs by definition refer to the functional needs, and goals of a target audience. On this note, a company may identify an area of the market with needs which are unmet and create a product or service that addresses them.

The company may receive a significant profit, if the audience has a larger amount of need and vice versa.

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Which of the following personal property items has the HIGHEST specific limitation on coverage?
a. A prized coin collection
b. Jewelry, watches, and precious stones or metals
c. A canoe you’re storing at the rental property
d. An antique rug

Answer: b, jewelry, watches, and precious stones or metals

Answers

The personal property items that have the HIGHEST specific limitation on coverage are jewelry, watches, and precious stones or metals because they are saved in a location, especially in banks

The properties having HIGHEST specific limitation on coverage.

A limit is the highest amount your insurer will pay for a claim that your insurance policy covers.

Some of these specific limits apply to a building or personal property at a single location.

From the listed option, the personal property items that have the HIGHEST specific limitation on coverage are jewelry, watches, and precious stones or metals because they are saved in a location, especially in banks

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Employers search résumés for keywords manually and electronically. Please select the best answer from the choices provided T F.

Answers

A resume is a formal document created by a job candidate to itemize their skills for a post.

What are the meanings of keywords in job applications?

Keywords are words or brief sentences that correspond to work requirements. Hiring managers use keywords to sort through resumes so that they can concentrate on applicants who have the qualifications and experience they seek.

Many businesses also utilize applicant tracking systems (ATS) to discover the most qualified candidates.

Thus the statement is true.

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Answer:

true

Explanation:

Management cannot being the planning process until the organization has determined what its ________ will be.

Answers

The organizational mission is essential for organizational planning, as it refers to the purpose of the organization's existence.

What is the organizational mission?

It corresponds to the determination of what is the reason for a company to operate in a certain market, that is, it is a guide for the formulation of the strategy that will lead to the achievement of the objectives.

Therefore, the mission statement is also a tool capable of influencing the perception of a company's stakeholders by declaring its social role in the market in which it operates.

The correct answer is:

Mission

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can someone answer this asap

Answers

Answer: A

Explanation:A sole proprietorship is where the single owner operates the business. A partnership is similar, however, it is owned by two or more individuals. A corporation is a legal entity separate from the owners of the business.

Given the following, determine if a buy price of $4.00 per unit for 3,000 units should be accepted. Total variable production costs of making the units equal $11,100, and total production fixed costs are $3,500. Of the fixed costs, $1,500 is avoidable if the units are purchased. Based on price, the company should (make/buy) the units at a net benefit of $_____.

Answers

Since the Cost of Buy is lower than the Cost of Make, the company should buy the units at a net benefit of $600.

Make or Buy Decision

The decision can be taken by determining the benefit or loss as follows:

1) Calculation of Cost of Make

Cost of Make = Total variable production costs of making the units + Avoidable Fixed Cost of Make = $11,100 + $1,500 = $12,600

2) Calculation of Cost of Buy

Cost of Buy = Buy price per unit * Number of units = $4 * 3,000 = $12,000

3) Since the Cost of Buy is lower than the Cost of Make, it means there is a benefit of $600 calculated as follows:

Benefit from Buy = Cost of Make - Cost of Buy = $12,600 - $12,000 = $600.

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Which of the following is true of total variable overhead variance? a.It can be divided into spending and rate variances. b.It shows only the effect of differences in the prices of overhead variances. c.It always depends on the actual hours used. d.It is the difference between actual and applied variable overheads.

Answers

The answer choice which shows the true statement about total variable overhead variance is b. It shows only the effect of differences in the prices of overhead variances.

What is Variance?

This refers to the average squared deviations from the mean of a distribution.

With this in mind, we can state that the total variable overhead variance has to do with the difference in the price of prices of the overhead variances which are the surplus.

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Taylor's Mill is a neighborhood comprised of 185 homes. According to the website Zillow, the average market value of the homes in this neighborhood is $418,300 with a standard deviation of $36,500. What is the standard error for a random sample of 32 homes from this neighborhood?

Answers

Answer:

$5,883.76

Explanation:

Calculation for the standard error for a random sample of 32 homes from this neighborhood

Standard error for a random sample = √[(185-32)/(185-1)]*36,500/ √32

Standard error for a random sample= √(153/184)*36,500/√32

Standard error for a random sample=0.91187*36,500/5.6568

Standard error for a random sample=33,283.255/5.6568

Standard error for a random sample=$5,883.76

Therefore the standard error for a random sample of 32 homes from this neighborhood will be $5,883.76

If technological growth and innovation is halted over a protracted period, which CPI bias problem is likely to persist

Answers

When technological growth and innovation is halted over a protracted period, the CPI bias problem is likely to persist is substitution bias.

What is substitution bias?

Substitution bias is known to be that which connote or is found in economic index numbers when they do not input data on consumer expenditures moving from expensive products to cheap ones as a result of the change in prices changed.

This kind of  bias takes place when prices for items alters when compared to one another and as As time moves on some prices rise more than others.

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What is the role of the economic environment in the success of entrepreneurial ventures?.

Answers

Answer: The economic environment affects the success of entrepreneurial ventures by affecting the supply of capital and prospective opportunities.

Jane is planning to implement the same work scheduling system in the accounting department that her company uses in the retail division. Which type of change does this represent?.

Answers

If she is planning to implement the same work scheduling system. The  type of change does this represent is: Adaptive change.

What is adaptive change?

Adaptive change can be defined as the type of change that is implemeted so as to learn new things that will help to resolve the problems at hand.

Most companies or organization  tend to make use of adaptive change so as to increase their leve of performance and to resolve the challenges they are currently facing.

Inconclusion The  type of change does this represent is: Adaptive change.

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Use the information presented in the scenario and the drop-down menus to answer these questions. ed's revenue from selling his most popular arrangement is . ed's total production costs for one flower arrangement are . ed's profit on each arrangement is .

Answers

The entire amount of money earned through the sale of goods and services is revenue. The profits on a single flower arrangement are $23.

What is revenue?

The entire amount of money earned through the sale of goods and services connected to the business's principal operations is referred to as revenue.

The following information is given to us,

Ed's most popular arrangement sells for $45. Ed has determined that the cost of materials for this flower arrangement is $5. Ed has also determined that it takes his employee about one hour to complete one arrangement, and this employee is paid $12 per hour.Additional costs include $5 per arrangement to cover such expenses as rent and electricity.

1.   We know that the revenue is the selling price of an item, therefore, Ed's revenue from selling his most popular arrangement is $45n, where n is the number of flower arrangements sold by Ed.

2. The cost of production, also known as the cost price or production expenses, is computed by summing all of a manufacturing unit's direct and indirect costs. Therefore, the total production cost of one flower arrangement is,

Total production cost = Cost of material + Cost of labour(1 hour) + Additional Cost

Total production cost = $5 + $12 + $5 = $22

3.  The profit on one flower arrangement is the difference in the revenue generated from a single flower arrangement and the total production cost of a single flower arrangement. Therefore,

Profit = Revenue - Total production cost

Profit = $45 - $22 = $23

Hence, the profit on a single flower arrangement is $23.

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Answer:

the correct answers to your questions are

Ed's revenue from selling his most popular arrangement is

✔ $45

.

Ed's total production costs for one flower arrangement are

✔ $22

.

Ed's profit on each arrangement is

✔ $23

.

Explanation:

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Something that credit card commercials don't show you is . . .
1. How great your life will be with payments
2. People making payments for months or years on those credit card purchases
3. How much your credit score will grow right away
4. How happy your parents will be that they don't have to lend you cash anymore
5. When a homeowner takes out a home equity line of credit (HELOC), that loan can only be used for home repairs and renovations.

Answers

Credit card commercials do not show 2. People making payments for months or years on those credit card purchases.

What are credit card commercials?

Credit card commercials are the adverts placed on various media by credit card companies to entice individuals to sign on a credit card.

The commercials will show the great life of getting a credit card and making purchases convenient, including other enticements.

Thus,  credit card commercials do not show Option 2.

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How would you summarize the restrictions on denying credit?.

Answers

Restrictions on denying credit can be best summarized as being enacted to ensure equality in credit acquisition.

What are restrictions on denying credit?

The federal government prohibits credit suppliers from denying people credit based on their race, religion, origin, marital status and age. This is included under the Equal Credit Opportunity Act.

We can therefore say that these restrictions are meant to make the acquisition of credit more equal to all Americans regardless of their sociodemographic characteristics.

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Oliver is in charge of making sure the raw steel brought into his company's factory is turned into high-quality bearings for sale to customers. Oliver is a(n) ____ manager.

Answers

Oliver is. An operations manager

Notes receivable are used for ______. (Check all that apply.) Multiple select question. lending money to individuals or businesses recording bad debt expense extending payment periods purchasing property, plant, and equipment selling large dollar-value items

Answers

Answer: Selling large dollar-value items

Lending money to individuals or businesses

Extending payment periods

Explanation:

A note receivable is a written order to pay a certain sum of money to another client on one or more upcoming events.

What is the use of notes receivable?

Notes receivable is a financial account used to monitor borrowers' debt and payments. A small company expects payback when it lends money, goods, or equipment to an individual. The business will keep the information under receivable accounts for numerous types of loans.

Thus  Option A, C, and E are examples in which note receivable is used.

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