Which of the Following Consists of Intangible Products That Firms

question 75

Multiple Choice

Which of the following consists of intangible products that firms buy to facilitate their production and operating processes?

• A) Installations
• B) Accessories
• C) Business services
• D) Operating supplies

Describe soil conservation practices to combat degradation and soil erosion.

Analyze the causes and effects of desertification on landscapes.

Identify sustainable agriculture and low-input farming practices.

Understand the global distribution and availability of freshwater.

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Definitions:

Territory Coverage

The strategic allocation of sales or service resources to different geographical areas to maximize market reach and efficiency.

Quantitative Technique

refers to mathematical models, statistical methods, and computational algorithms used to analyze numerical data, allowing for decision making based on quantitative information.

Break-even Analysis

An examination to determine the point at which revenue received equals the costs associated with receiving the revenue, indicating no net loss or gain.

Total Revenues

Total revenues refer to the sum of all income generated by a business from its sales or services before any expenses are subtracted.