<u>Answer: </u>Option Consumer cannot separate the service itself from the deliverer of the service.
<u>Explanation:</u>
Inseparability means that the consumer does not see the service and provider of the service as varied things. Because of this inseparable concept the business in service industry concentrates on the quality of the people providing the service.
The consumer's service evaluation is inseparable from the service provider. The service providers have to take decisions according to this concept. If the organisations do not take these steps then they will miss in providing customer satisfaction.
Answer:
The correct answer is (A)
Explanation:
Construction business is one of the difficult and risky businesses to do. There are many costs involved while constructing a building. Insurance cost during construction is important to take care of third party injuries, and it also provides financial coverage regarding property damage. In a construction business, a company is only allowed to start construction after they cover their insurance cost.
Answer:
Option "C" is the correct answer to the following situation.
Explanation:
Bounded rationality is the concept that we make informed decisions but within the constraints of the information available to each other and our intellectual capacity.
Bounded rationality is the belief that the wisdom of people in decision-making is restricted by the knowledge they have, the logical capacities in their brains and the small number of hours they need to make a decision.
Therefore, option "C" is correct answer
Answer: $670,400
Explanation:
Period costs are not included in direct production and in this instance include:
- Variable selling and administrative expense
- Fixed manufacturing overhead
- Fixed selling and administrative expense
Period costs = (12,000 * 4) + 406,400 + 216,000
= $670,400
