Question: When discussing OM , the term or phrase that is used to describe the difference between the cost of inputs and the price of outputs

When discussing OM

,

the term or phrase that is used to describe the difference between the cost of inputs and the price of outputs that a business can charge for their products or services that sets them apart from their competitors is referred to as what?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

The question is based on (Sushi service) (Not car service)!!!! Ques 1] Develop an input output model for the (Sushi service ) similar to Figure 1.4 shown on page 6. Discuss the model in at least 120...

QUESTION 33 In determining Capacity requirements, when an organization has available the equipment, necessary skills and time, it often makes sense to; O a. Avoid risk by buying goods or services Ob....

What term is used to describe the difference between the cost of inputs and the value or price of outputs produced by an organization?

hat is the term used to describe the difference between the cost of inputs and the value of price of outputs? Multiple choice question. Value - added Switching costs Diagnostic analytics Knowledge...

What term is used to describe the difference between the cost of inputs and the value or price of outputs produced by an organization? Multiple Choice Effectiveness Economic analysis Value added...

Value added is the term used to describe the difference between the cost of inputs and the value or price of outputs. True False

In determining Capacity requirements, when an arganizatian has available the equipment, necessary skills and bime, it often makes serise trx a a. Avaid risk by buying goods or services b. Oiutsouiree...

Controller, Judy Koch, in a recent speech said, "I rarely see a real variable cost or a truly fixed cost." What did she mean? Include in your response an explanation of the difference in behavior of...

Strategic Management Frank Rothaermel,6eRelease: 6th Edition Please include a word count of your post (excluding citations and references), no matter whether it is an initial post or a reply, at the...

I need help answering the following questions after reading the article "Seasoning and Abolition: Humoural Medicine in the Eighteenth-Century British Atlantic" By Morey Smith Slavery & Abolition,...

4. J Corp produces 200 units of A and 100 units of B products. Final sales amount of A is 9,000. Joint cost is 6,600. Cost beyond the split off point is 3,000 each for both A and B. Using NRV or...

We have to write up a tax memo. We are trying to identify if the car is a gift, if it will affect taxable income, or any other issues or nuances it will effect in the tax world. Your client Jim...

Generally, a high interest - rate environment and a higher cost of borrowing would have what effect on an acquisition purchase price for a private equity buyer? Group of answer choices increase...

Logistics accounts for about what percent of the U.S. gross domestic product? Multiple Choice O O About 5 percent About 8-9 percent About 12 percent About 19-20 percent About 2-3 percent Some Da...