describe how a company would balance the tradeoff between cost and speed when selecting a shipping method

Answers

Answer 1

Answer: The opportunity cost is the most desirable trade-off.

Explanation: Trade-offs refer to the choosing decisions that an individual faces when choosing between two-goods or making any other economic decision. For instance, a graduate may face a trade-off between choosing a job or starting up his own business.

While, opportunity cost is simply the cost of the lost alternative. For example, if the graduate chooses to start a business then his opportunity cost is the salary foregone from going for a job.

Thus, when deciding on which option to choose (trade-off) we always look at the option which has a lower opportunity cost.  So we can say that they are the most desirable trade-off.

Answer 2

A company would balance the tradeoff between cost and speed when selecting a shipping method through the Opportunity cost.

What is the meaning of the tradeoff ?

The trade-off is a term used to describe the courses of action given up in order to perform the preferred course of action. Conversely, the opportunity cost is defined as the cost of opting one course of action and forgoing another opportunity, to undertake that course of action.

Thus, when deciding on which option to choose (trade-off) we always look at the option which has a lower opportunity cost.  So we can say that they are the most desirable trade-off.

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Related Questions

Why target market trade is executed

Answers

Answer:

The target marketing reduces the marketing cost to business as they only market their product in specified markets. They only target those customers who are genuinely willing to buy company's product. This strategy rewards its customers of buying the genuine product at a reasonable price as there will be no extra cost charged to them. The price charged to customers is the price set by the business itself for the product.

Answer:

Target market is strategy in which a company offers its product in specific market only. This strategy enables the business to reach its customers through marketing efforts. The target market trade refers to trading in certain markets only to ensure the limited availability of products. The organization who want do not want to market its products through wholesalers or retailer choose such strategy.

Explanation:

The target marketing reduces the marketing cost to business as they only market their product in specified markets. They only target those customers who are genuinely willing to buy company's product. This strategy rewards its customers of buying a genuine product at a reasonable price as there will be no extra cost charged to them. The price charged to customers is the price set by the business itself for the product.

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Thank you

Describe the four steps involved with product development.​

Answers

Answer:

4 sequential steps in product development

The 4 steps in new product development process to turn your idea into a product

Ideation and Research. Every great product was once just an idea, an itch, a frustration the founder had with the existing status quo. ...

Strategic Planning. ...

3. Development and Testing. ...

Launch and Commercialization.

Explanation:

where does McKenna grace live? Brainliest for the correct answer​

Answers

Answer:

McKenna grace lives in Texas of America.

What could this sign use on the left side.

Answers

Answer:

noce

Explanation:

I want to be a Architect or vet does anyone know what i should choose for GCSE's.

Answers

Answer:

for me I want you to choose vet because I love animals

Explanation:

But follow your heart it's your choice choose wisely

It really doesn’t matter what you choose for GCSEs but if your school offers triple science I would opt for that. If you’re good at art you could also pick that but alevel options are more important.

where is a more popular place a thief would go to troy to steal your personal information?

Answers

a cafe or restaurant with a free unprotected network

why is saving, spending and investing important? long summary

Answers

Saving money is important because of you run in to a problem like your car breaking down you need to have money to fix it. Also saving money is important because you will able to do things like going on vacation. Investing is important because I one thing goes bad you still have other incomes coming in.

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Positive economic growth is realized when a country's production possibilities curve
(frontier) shifts outwards, however, can be calculated as the percentage increase in
either the real gross domestic product or the real gross domestic product per capita.

Answers

Answer:

True

Explanation:

It is TRUE that Positive economic growth is realized when a country's production possibilities curve

(frontier) shifts outwards.

This is evident in the fact that the outwards shifts of the production possibilities curve of a country indicate an increase in output or production level of that country.

Also, such production possibilities can indeed be estimated as the percentage increase in either the real gross domestic product or the real gross domestic product per capita.

If prices have increased according to the Consumer Price Index (CPI), what has occurred in the economy?

Answers

Answer:

The correct answer is that it has occurred that the economy has suffered from inflation.

Explanation:

To begin with, the concept of inflation is known in the economic sciences for refering to the situation where the prices of every good and service in general in the economy have risen up and it is due to the fact that now the acquisition power of the currency has lost value and therefore that every good is now more expensive than before stating that the purchasing power per unit of the money has suffered a reduction. Moreover, a very common intrument to actually measure the inflation is the very well known Consumer Price Index whose major purpose is to accomplish that task.

which type of data consists of objective responses that a business can measure for market research purposes?
blank or blank data refers to objective responses that a business can measure in the market research process.
1 (structured/ unstructured: descriptive)
2 (expressive/ qualitative/ quantitative)

Answers

Answer: structured or quantitative

Explanation: i just took the test ( for PLATO users )

What do you call a website or e-mail address that is created to look like it comes
from a legitimate source? Choose the answer.
pharming
spoofing
spyware
none of the above

Answers

Answer:

this would be called spoofing.

Spoofing is called as  a website or e-mail address that is created to look like it comes from a legitimate source.

What is legitimate source?

Legitimate source is defined as according to the law, something that is legal is acceptable.

It can also be defined as the electoral register is a genuine source of information that is currently available to the public.

A reputable source is defined as the one that has been written by an expert in their field and is free of errors and bias.

A trustworthy source is defined as the one that offers a detailed, well-reasoned idea, argument, or discussion based on solid evidence.

Thus, spoofing is called as  a website or e-mail address that is created to look like it comes from a legitimate source.

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What should be the consequences for not completing a required task? Why?

Answers

Answer:

not being able to do something unless that task is complete

Explanation:

The greeting of a cover letter is also referred to as the___.

Answers

Answer: salutation

Explanation:ed2021

Why does demand rise when house prices increase? (Macroeconomics)

Answers

Answer: If house prices rise, then the wealth effect is likely to cause an increase in consumer spending. This will cause higher Aggregate Demand (AD), and it is likely to cause an increase in Real GDP and a higher rate of economic growth.

Explanation:

Drag the tiles to the correct boxes to complete the pairs. Match each scenario with the government agency it involves. Environmental Protection Agency Occupational Safety and Health Administration Food and Drug Administration Dwayne's company has clearly marked each container to indicate what chemical it contains and the threat it poses. arrowRight Ryan's new car is certified to meet federal emission standards. arrowRight Lisa finds that her favorite brand of yogurt has been taken off the shelf after the company ordered a recall. arrowRight

Answers

Answer:

1. Occupational Safety and Health Administration (OSHA).

2. Environmental Protection Agency (EPA).

3. Food and Drug Administration (FDA).

Explanation:

1. Occupational Safety and Health Administration (OSHA): Dwayne's company has clearly marked each container to indicate what chemical it contains and the threat it poses.

The Occupational Safety and Health Administration (OSHA) is a federal agency saddled with the responsibility of assuring and ensuring safe and healthy working conditions for employees by setting and enforcing standards, providing education, trainings and assistance to various organizations.

2. Environmental Protection Agency: Ryan's new car is certified to meet federal emission standards.

In the United States of America, the agency which was established by US Congress and saddled with the responsibility of overseeing all aspects of pollution, environmental clean up, pesticide use, contamination, and hazardous waste spills is the Environmental Protection Agency (EPA). Also, EPA research solutions, policy development, and enforcement of regulations through the resource Conservation and Recovery Act.

3. Food and Drug Administration (FDA): Lisa finds that her favorite brand of yogurt has been taken off the shelf after the company ordered a recall.

It is a federal agency of the government of the United States of America saddled with the responsibility of protecting the consumers of edible products and public health safety.

Place the steps to creating a budget in order:


Figure out your net income.


Make a list of fixed expenses


Make a list of variable expenses.


Adjust expenses as needed


Determine if you have enough income to cover all your expenses.

Answers

Answer:

1. Figure out your net income

2. Determine if you have enough income to cover all your expenses

3. make list of variable expense

4. make list of fixed expenses

5. adjust expense

done !

what does these symbols mean on a measuring tape' &"​

Answers

The person above me is the answer

NEED HELP ASAP. WILL GIVE BRAINLIEST

How do limited resources affect a nation's decision to engage in international trade?

Answers

Answer:

it affects growth and population          

Explanation:

Why, in summary, should managers think of staffing, training, appraising, and paying employees as a talent management process?

Answers

Explanation:

The management of people in an organization is a constant and dynamic process that must be well structured, as it is the employees of the organization who will assist in the achievement of organizational goals and objectives.

Therefore, this process of recruiting, training, evaluating and paying employees must be well established in the organization as a fundamental process for organizational success. Each stage of the personnel management process is essential, and must always be organized, evaluated and monitored, so that there is continuous improvement in a company in all its systems. Through effective people management, there is greater motivation, greater productivity and greater organizational positioning.

What are the advantages of operating a business in an ethical manner?
Select all that apply.
The business can build customer loyalty.
The business can profit from reduced safety regulations.
The business can attract and retain talented employees.
The business can avoid legal issues.

Answers

The first and the last I think

find the sum of 2x kg and 5x g. Give the answer in grammes.​

Answers

Answer: 3,600 g

Explanation:

Man is termed an 'economic animal' because he a) has the ability to understand economic activities b) lives a life which is governed by economic forces c) studies economies in order to live a productive life d) uses his ability to satisfy his wants from the gifts of nature

Answers

Answer:

The conception of man as an economic animal is implied by the view that economic production is the determining “factor” or “sphere” of man or society. Against this conception can be put another, that of man as praxis. This takes account of man as a creative being, capable of realizing his freedom through his own activity. In this article the theory of the determining role of the “economic factor”, and the theory of factors in general have been examined. The economic interpretation of history, a variant of the theory of factors, has been acknowledged as partly true for the self‐alienated man and society, but the theory of factors in any variant has been found inadequate as a general theory of man, or society. The possibility of freedom cannot be reduced to the fact that the determining roles played by “factors”, vary, or to the hope that the economic “factor” can be subordinated to a “better” one. Man's freedom consists in his resolving the conflict of “factors”, and in realizing himself as an integral creative being, no longer split into independent and mutually opposed spheres.

Explanation:

that should help

15 pts-- multiple choice!

An investor who is characterized as being a risk-taker and buys and sells stocks on a daily basis looking for the big break is considered to be a ________________.

Investment bank professional

Long-term investor

Roll-the-dice speculator

Short-term dividend investor

Answers

I’m pretty sure the answer is the 3rd one
it must be option c

How much does the sky weigh?

Answers

Answer: 11 billion billion pounds

Explanation:

Answer:

The sky weighs 14.7 lbs per square inch of earth surface which is roughly 11 billion billion pounds. So, you can say that sky weighs one millionth of the mass of the Earth.

Explanation:

if you had $1100000000000 what would with it and why

Answers

Answer: buy my school than demolish it

Explanation:

Answer:

i'll buy

Why:

Why? it's because i had $1100000000000

NASCAR fans demonstrate which activity when they list the sponsors featured on the car or clothing of their favorite driver?

Answers

Answer:

Brand recognition.

Explanation:

Marketing mix can be defined as the choices about product attributes, pricing, distribution, and communication strategy that a company blends and offer its targeted markets so as to produce a desired response.

Generally, a marketing mix is made up of the four (4) Ps;

1. Products: this is typically the goods and services that gives satisfaction to the customer's needs and wants. They are either tangible or intangible items.

2. Price: this represents the amount of money a customer buying goods and services are willing to pay for it.

3. Place: this represents the areas of distribution of these goods and services for easier access by the potential customers.

4. Promotions: for a good sales record or in order to increase the number of people buying a product and taking services, it is very important to have a good marketing communication such as advertising, sales promotion, direct marketing etc.

Brand recognition is also known as brand awareness and it can be defined as the ability of the consumer (customer) of a particular brand to identify their unique characteristics or qualities with respect to other rival brands.

Hence, NASCAR fans demonstrate brand recognition when they list the sponsors featured on the car or clothing of their favorite driver.

Do you think percentage gains
would get more varied or less
varied if you added additional
mutual funds to your portfolio?

Answers

I think more varied if you added additional mutual funds you would have a more diverse portfolio.

what type of income includes all taxes and deductions before they are taken out?

Answers

Answer:

gross income

Explanation:

Celebrities can appeal to ethos when they promote products that

A. are related to their field.

B. people want to buy.

C. might help people.

D. are not well known.

Answers

Answer:

B because what celebrity won't they love money

Answer:

B

Explanation:

BEcause celebs

If u know what app this is I’ll give u a anime waifu body pillow whoever says the app first!!

Answers

I think it’s zoom, give me my body pillow of Mikasa

Answer:

its zoom im on it rn actually XD can I have a kyoko kirigiri body pillow thanks!!

Explanation:

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