Log out Go to App
Go to App

Learning Materials

Features

Discover

Chapter 1: Q7PE. (page 41)

A screening criterion that permits a firm’s products to be considered as possible candidates for purchase.

Short Answer

Expert verified

Order qualifier

Step by step solution

01

Order qualifier

The feature of a good or service that must be present for the client to evaluate the good or service is referred to as anorder qualifier.

02

Example of order qualifier

For most companies, the quality is included in the order qualifier. In a company that makes high-quality goods, if the expense of creating at such a good extent of reliability requires the firm’s products and services to exceed a specific price point, the final consequence could be a loss of sales, putting "quality" a purchase factor.

Unlock Step-by-Step Solutions & Ace Your Exams!

  • Full Textbook Solutions

    Get detailed explanations and key concepts

  • Unlimited Al creation

    Al flashcards, explanations, exams and more...

  • Ads-free access

    To over 500 millions flashcards

  • Money-back guarantee

    We refund you if you fail your exam.

Start your free trial

Over 30 million students worldwide already upgrade their learning with Vaia!

One App. One Place for Learning.

All the tools & learning materials you need for study success - in one app.

Get started for free

Most popular questions from this chapter

At first glance, the concepts of the focused factory and capacity flexibility may seem to contradict each other. Do they really?

A chart that shows both the time and sequence for completing the activities in a project.

In considering a capacity expansion we have two alternatives. The first alternative is expected to cost \(1,000,000 and has an expected profit of \)500,000 over the next three years. The second alternative has an expected cost of \(800,000 and expected a profit of \)450,000 over the next three years. Which alternative should we select, and what is the expected value of the expansion? Assume a 10 percent interest rate.

What are some capacity balance problems faced by the following organizations or facilities?

  1. An airline terminal

Discuss the graphic presentations in Exhibit 4.11. Are there any other graphic outputs you would like to see if you were the project manager?
See all solutions

Recommended explanations on Business Studies Textbooks

Managerial Economics

Read Explanation

Influences On Business

Read Explanation

Corporate Finance

Read Explanation

Nature of Business

Read Explanation

Intermediate Accounting

Read Explanation

Financial Performance

Read Explanation
View all explanations

What do you think about this solution?

We value your feedback to improve our textbook solutions.

Study anywhere. Anytime. Across all devices.

Sign-up for free