Instruction 14-21
Given Below Are the Average Prices for Three

question 175

Short Answer

Instruction 14-21
Given below are the average prices for three types of energy products in Australia from 2006 to 2010.
$$\begin{array} { | l | c | c | c | } \hline \text { Year } & \text { Electricity } & \text { Natural Gas } & \text { Fuel Oil } \\\hline 2006 & 43.205 & 25.893 & 0.892 \\\hline 2007 & 16.959 & 28.749 & 0.969 \\\hline 2008 & 47.202 & 28.933 & 1.034 \\\hline 2009 & 48.874 & 29.872 & 0.913 \\\hline 2010 & 48.693 & 28.384 & 0.983 \\\hline\end{array}$$
-Referring to Instruction 14-21,what are the simple price indexes for electricity,natural gas and fuel oil,respectively,in 2008 using 2006 as the base year?

Understand the essential need for environmental and industry analysis in business planning.

Acknowledge the significance of addressing potential pitfalls and problems in a business plan.

Understand the importance and role of service policies in sales and distribution decision-making.

Comprehend the make-or-buy decision process and its relevance in a manufacturing business.

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