Jose's company decided to implement a push strategy for its new line of health care products. Based on this, the strategy the company will most likely use is personal selling.
A company is an organization that usually includes a group of individuals or businesses that have been authorized by the state to operate as a single entity and recognized by law for certain purposes. The first companies were established with a charter. Most governments now allow the registration of new companies.
While there are different types of companies, they are generally classified according to the laws of the country in which they are incorporated based on their ability to issue shares or the purpose for which they are incorporated. A corporation can be a general corporation or a sole proprietorship, depending on the number of shareholders.
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.Which of the following was a consequence of the shift to sharecropping and the crop lien system in the late nineteenth-century South?
(A) A major redistribution of land ownership
(B) A diversification of crops
(C) A cycle of debt and depression for Southern tenant farmers
(D) A rise in cotton yields per acre from antebellum production levels
(E) The termination of the control exerted by White landowners over former slaves.
In the late nineteenth-century South, the switch to sharecropping and the crop lien system resulted in a cycle of debt and misery for tenant farmers. The correct response is option (C).
Define sharecropping.A landowner who owns agricultural land will grant a tenant the right to use the land in exchange for a share of the crops that are raised there is called as sharecropping.
The crop lien system was a well-liked source of funding for cotton planters in the South of the United States between the 1860s and the 1940s.
In order to aid tenant farmers and sharecroppers in getting better conditions from landlords, the Southern Tenant Farmers Union was founded in July 1934, at the height of the Great Depression.
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changes in the discount rate or the required internal rate of return used to complete net present value analysis can have a significant impact on the estimated value of the investment
To consider the IRR as a trustworthy approach of project evaluation, a comparison between it and a discount rate is required. when the discount rate is greater than the IRR.
What is the formula for the discount rate?how to determine the discount rate The weighted average capital cost (WACC) or adjusted present value are the two main formulae for calculating the discount rate (APV). The APV discounting equation seems to be: APV Equals NPV + PV of the effect of financing, while the WACC discount equation seems to be: WACC = E/V x Ci + M s x Cd x (1-T).
What does 3% off mean?Using a 3% discount rate, we then assert that $1 is worth $1 today, which equals the current value of $1.03 paid in a year. If $1 is kept in a bank for further than a year, compound interest will be earned on the investment
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market structures for each of the following scenarios, identify the number of firms present, the type of product, and the appropriate market model. select the matching entry for each dropdown box in the following table. scenario number of firms type of product market model in a major metropolitan area, there are many coffee shops, but one chain has gained a large market share because customers feel its coffee tastes better than its competitors'. there are dozens of pasta producers that sell pasta to hundreds of italian restaurants nationwide. the restaurant owners buy from the cheapest pasta producer they can. while pasta manufacturers must pay licensing fees to their local government and undergo regular food-safety inspections, anyone who has passed inspections can acquire and maintain their license. many identical perfect competition in a small town, there are four providers of broadband internet access: a cable company, the phone company, and two satellite companies. the internet access offered by all four providers is of the same speed. almost everyone in the city already has broadband, so any potential new company would have to engage in a price war with the existing companies and would be unlikely to cover its costs for years, if ever. the government has granted the u.s. postal service the exclusive right to deliver mail.
The identification of the market structures for each of the scenarios is given below.
What are the market structures?1. Number of firms: Option c. Many
Type of product: Option d. Differential
Market Model: Option c. Monopolistic Competition.
There are numerous businesses selling the commodities in this form of competition. The declining demand curve for this will be observed.Examples include utilities, supermarkets, restaurants, etc.2. Number of firms: Option b. Few
Type of product: Option c. Identical
Market Model: Option a. Oligopoly
Oligopoly is a term used to describe a situation in which many large organizations dominate a market.For instance, in the taxi industry, customers are more concerned about their services than similar items.3. Number of firms: Option a. One
Type of product: Option a. Unique
Market Model: Option d. Monopoly
A monopoly occurs when control and management of the firm are exercised by a single entity.When a company is the only one operating in a given industry, as with AIDS medicine manufacturers, the results may be singular.Learn more about market model from
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See correct question below
For each of the following scenarios, identify the number of firms present, the type of product, and the appropriate market model.
1. There are hundreds of colleges and universities that serve millions of college students each year. The colleges vary by location, size, and educational quality, which allows students with diverse preferences to find schools that match their needs.
Number of firms:
a. One
b. Few
c. Many
Type of product:
a. Unique
b. Anything
c. Identical
d. Differential
Market Model:
a. Oligopoly
b. Perfect competition
c. Monopolistic Competition
d. Monopoly
2. In a large city, two taxi companies own all the licenses that the city will grant to operate taxis. Consumers don't care which cab company they take- if they decide it's worth taking a cab, they flag down the nearest one.
Number of firms:
a. One
b. Few
c. Many
Type of product:
a. Unique
b. Anything
c. Identical
d. Differential
Market Model:
a. Oligopoly
b. Perfect competition
c. Monopolistic Competition
d. Monopoly
3. The government has granted a patent to a drug company for an experimental AIDS drug. That company is the only firm permitted to sell the drug.
Number of firms:
a. One
b. Few
c. Many
Type of product:
a. Unique
b. Anything
c. Identical
d. Differential
Market Model:
a. Oligopoly
b. Perfect competition
c. Monopolistic Competition
d. Monopoly
Which of the following is true in the long run, following a deliberate expansion of the money supply?
Real GDP reaches its starting point.
GDP definition.overall economic output
The most often used metric for determining an economy's size is its gross domestic product (GDP). The GDP of a nation, a region (like Tuscany in Italy or Burgundy in France), or a group of nations (like the European Union) may all be calculated (EU).
How is GDP determined and what does it mean?GDP is the total of private consumption, gross domestic product, government investment, government spending, and any other items (exports – imports). The GDP is normally calculated using the international standard by the country's official statistical office.
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magnira corp., a food products manufacturer, practices sustainability and social responsibility in all its operations. it obtains its raw materials only from suppliers that meet economic, environmental, and social standards. in this case, magnira corp. is involved in .
Magnira corp, practices sustainability and social responsibility in all its operations. In this case, magnira corp. is involved in ethical sourcing.
What is ethical sourcing?Ethical Sourcing is our approach to sourcing and supply his chain. Ethical sourcing means that when companies purchase products from their suppliers, they consider the impact those products have on the people and communities that make them. Ethical sourcing is the process of ensuring that the products manufactured are obtained in a responsible and sustainable manner.
Why is ethical sourcing important?Ethical sourcing is essential to ensure that workers around the world are protected from unsanitary, unacceptable, unsafe or exploitative working conditions. In other words, workers should be paid a fair wage for their services and should not be exposed to a culture of fear and violence in the workplace.
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10. public policy toward monopolies suppose that a computer software company controls the operating system market. although the government knows that the price is higher than it would be in the presence of competition, it believes that such profits are crucial to incentivizing innovation in the high-tech industry, a policy goal of the government.
Which of the following policy options might most effectively enable the government to achieve its objectives in this situation?
a. Do nothing at all.
b. Regulate the pricing behaviour.
c. Turn the company into a public enterprise.
d. Use the law to increase competition.
The following policy alternatives might best help the government achieve its goals: turn the business into a public enterprise.
What do you mean by policy?An collection of people, a commercial organisation, an government, or perhaps a political party that has publicly agreed to a plan of action for dealing with certain circumstances.
Briefing:Any natural monopoly, like an electric utility, will go from a private to a public company when it is obliged must sell to a public organisation. The government that considers energy to be a public good might decide for such a programme, which is typically how utilities are provided in Europe.
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T/F according to psychologist lawrence kohlberg, people at the preconventional level of moral development use internalized ethical principles to solve ethical dilemmas
According to psychologist Lawrence Kohlberg, people at the pre-conventional level of moral development use internalized ethical principles to solve ethical dilemmas: false
The essential concepts of Ethics principles. Beneficence, nonmaleficence, autonomy, and justice represent the four principles of ethics. the primary 2 can be traced back to the time of Hippocrates “to help and do no damage,” whilst the latter 2 developed later.
The 5 standards, autonomy, justice, beneficence, nonmaleficence, and constancy are absolute truths in and of themselves. through exploring the dilemma with regard to these ideas one may additionally come to a better understanding of the conflicting problems.
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Olena Mirrors records bad debt using the allowance, income statement method. 3 They recorded $343,160 in accounts receivable for the year and $577,930 in credit sales. The 4 uncollectible percentage is 4.4%. On May 10, Olena Mirrors identifies one uncollectible account 5 from Elsa Sweeney in the amount of $2,870. On August 12, Elsa Sweeney unexpectedly pays 5 $1,441 toward her account. Record journal entries for the followingA. Year-end adjusting entry for 2017 bad debtB. May 10, 2018 identification entryC. Entry for payment on August 12, 2018
A. Year-end adjusting entry for 2017 bad debt
In this case, the amount of estimated bad debt would be $343,160 * 4.4% = $15,039.60. The journal entry would be:
Debit Bad Debt Expense: $15,039.60
Credit Allowance for Doubtful Accounts: $15,039.60
The adjusting entry for 2017 bad debt at year-end would include a debit to Bad Debt Expense for the amount of the estimated bad debt, and a credit to Allowance for Doubtful Accounts, the contra asset account.
B. May 10, 2018 identification entry
The identification entry for the uncollectible account from Elsa Sweeney on May 10, 2018 would include a debit to Allowance for Doubtful Accounts for the amount of the uncollectible account, and a credit to Accounts Receivable. The journal entry would be:
Debit Allowance for Doubtful Accounts: $2,870
Credit Accounts Receivable: $2,870
C. Entry for payment on August 12, 2018
Debit: Accounts Receivable $1,441
Credit: Cash $1,441
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TRUE OR FALSE breyona is a district manager who oversees several store managers in a national children's clothing retail chain. breyona reports directly to the vice president of marketing, a member of top management. breyona is a middle manager
It is accurate to say that since Beryona is a middle manager, he should answer to upper management.
A manger is who?A manager is someone who is responsible for supervising the allocation of resources or the coordination of human resources within an organisation. As a result, a manager is a person who performs managerial duties.
Who makes good managers?Effective listeners improve their communication abilities as managers. They allow other people to speak. They clearly understand the organization's mission and convey it to their team members in a way that motivates them. They updated their coworkers on company advancements.
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Which of the following statements about the statement of cash flows are correct? (Check all that apply.) Check all that apply. It is a detailed disclosure of individual cash flows. In certain circumstances, it can replace the statement of retained earnings. The purpose is to report cash receipts and cash payments during a period. Read about this Do you know the answer? Think so ns No idea 40 Items left
Reporting monetary inflows and outflows over a time is the goal. The correct response is option (c).
Define Cash flow.The amount of money a business made or spent overall during a given time period is measured by something called cash flow. Cash flow from operating operations, cash flow from investment activities, and cash flow from financing activities are frequently separated on the statement of cash flows, a common financial statement.
Cash flow analysis gives crucial details about a company's financial health at business profitability on the income statement. You can learn the source of cash inflows, such as sales, loans, or investors, as well as similar information on outflows. The majority of businesses can deal with short-term negative cash flows, but not long-term ones.
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Income from continuing operations, excluding special or nonrecurring items, is generally regarded as:Multiple Choicea) value-irrelevant earnings.b) transitory earnings.c) abnormal earnings.d) permanent earnings.
Income from continuing operations, excluding special or nonrecurring items, is generally regarded permanent earnings and transitory earning.
What exactly is meant by "income from continuous activities"?A company's continued operations are recorded in the net income category known as "income from continuing operations" on the income statement. Money from ongoing activities is sometimes referred to as operating income. The bulk of successful firms rely mostly on ongoing operations for their income.
The revenue a company makes from its main business operations less the costs it has to pay to make that revenue is the income from ongoing operations. The after-tax profits the company makes from its ongoing activities are noted in this line item on the income statement.
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Yiannis is the CEO of a company that has cornered the market on products for both amateur and professional golfers and is the primary seller for the majority of
these products in the marketplace. What BEST describes the competitive structure that Yiannis's business participates in?
A. Monopoly
B. Perfect competition
C. Monopsony
D. Monopolistic competition
Monopolistic competition describes the competitive structure that Yiannis's business participates in.
What does Monopolistic competition mean?
Monopolistic competition is an economic model in which multiple sellers offer similar but slightly differentiated products. This type of competition allows a large number of firms to exist in the same market, each with some degree of pricing control. Firms can gain a competitive advantage by differentiating their products by adding features, improving customer service, or pursuing other strategies.
What does Services Mean?
Services are activities that benefit either an individual or an organization. Services can include a variety of tasks, ranging from financial advice and legal assistance to maintenance and repair work. Intangible activities such as emotional support, education, and entertainment can also be included.
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In an open-market purchase the Federal Reserve ________ government bonds from the public and the supply of bank reserves ________.
In an open-market purchase the Federal Reserve buys government bonds from the public and the supply of bank reserves increases.
The open-market refers generally to an economic condition close to free trade. It is also defined as an unrestricted market with free access and competition of buyers and sellers.
The open-market are of four types: main refinancing operations, longer-term refinancing operations, fine-tuning operations and structural operations.
The government bonds are those bonds which is issued by the government to repay borrowed money. The company gets less investor due to the government bonds because company gives low yields.
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Bonds that have an option exercisable by the issuer to retire them at a stated dollar amount prior to maturity are known as: Callable bonds.
Callable bonds are those that feature an option that can be exercised by the issuer to retire them at a certain dollar amount before maturity.
What aspect of a bond has a callable feature?Bonds that the issuer may call or redeem earlier than the bonds' maturity date are known as callable or redeemable bonds. When an issuer calls its bonds, it pays investors the call price—typically the face value of the bonds—along with any interest that has already accumulated, and then stops paying interest.
When should the call option on a bond be used?When rates are lowering, the corporation that issues callable bonds can use the call option to call the bond, pay off the obligation, and refinance it at a reduced rate. The business can save on interest expenses in this situation.
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The societal marketing concept seeks to establish a balance between ________.
a. customer lifetime value and customer equity
b. an inside-out perspective and an outside-in perspective
c. consumer short-run wants and consumer long-run welfare
d. marketing mixes and market offerings
e. customer-driven marketing and customer-driving marketing
The societal marketing concept seeks to establish a balance between consumer short-run wants and consumer long-run welfare.
Marketing social responsibility is the marketing concept that companies should make their marketing decisions by considering not only the desires of consumers and the needs of the company but also the long-term interests of society.
Social marketing can be defined as 'marketing with a social dimension or including non-economic criteria'. Social marketing is “considering the long-term interests of society”. It is about "direct benefits for the organization and secondary benefits for the community".
Social marketing concepts help organizations maximize profits and build long-term relationships with customers. It promotes the development of products that will benefit society in the long term and satisfy consumers.
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listed is defined, in part, as equipment, materials, or services included in a list published by an organization acceptable to the authority having jurisdiction.
Acceptable to the disciplinary authority (AHJ). Identified (as applied to equipment) (as applied to equipment). Recognizable as suited for the particular usage, environment, application, function, and so on, as specified in a specific Code requirement.
In the NEC, what does listed mean?According to the NEC, the term "Listed" designates that a piece of equipment, material, or service is present on a list that was created by a Nationally Recognized Testing Laboratory (NRTL), a company hired by the Occupational Safety and Health Administration (OHSA) to conduct evaluation and safety testing.
What distinguishes the terms labeled and listed?To assure product safety and conformity with testing standards, the NRTLs test and certify products. Products are tagged with a mark that serves as evidence of the product certification after they are listed (also known as certified).
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Which one of the following statements is NOT true?
A) Interest rate changes and bond prices are inversely related.
B) Interest rate risk is the risk that bond prices will change as interest rates change.
C) As interest rates increase, bond prices increase.
D) Long-term bonds are more price volatile than short-term bonds of similar risk.
One of the following statements is FALSE: Long-term bonds have more price volatility than short-term bonds with comparable risk. because the prices of bonds and interest rates are inversely correlated.
The danger of interest rates is greater for long-term bonds than for Long-term bonds. Additionally, these investments can be made by investors who are ok with the market's shifting interest rates. For investors wanting security and a fixed rate of interest paid semi-annually until the bond's maturity date, Treasury bonds can be an excellent investment. Bonds play a significant role in the asset allocation of an investment portfolio since their interest rate return serves to balance out the volatility of equities prices.
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latisha invested $1,000 in xyz stock. two years later she sold the stock for $1,200. during the time she owned the stock, she received a total of $80 in cash dividends. what was her total return on this investment? enter your answer to two decimal places. do not include the % symbol. example: if your answer is 10.22% enter 10.22
Latisha made a $1,000 investment in XYZ stock. She sold the stock for $1,200 two years later. She earned a total of $80 in dividends while she owned the shares. Her overall return on investment was 28%.
Why is compound interest 1 point better than simple interest?Your wealth grows quicker thanks to compound interest. Because you will receive returns on your investment as well as returns at the conclusion of each compounding period, it allows an amount of money to increase quicker than with simple interest. This implies that saving more money isn't necessary for you to achieve your objectives.
Quiz: What are the advantages of a well-diversified portfolio?Reducing the overall risk of the portfolio is the main advantage of diversification. The beta of a stock gauges how sensitive its returns are to those of the market portfolio.
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Tuition at a community college cost $2,000 per semester in 2015 and $2,100 in 2018. If the consumer price index (CPI) was 237.0 in 2015 and 251.1 in 2018, then we could say tuition has remained constant increased at exactly the same rate as inflation. increased more slowly than inflation. decreased increased much more rapidly than inflation.
We could say that when the consumer price index was 237.0 in 2015 and 251.1 in 2018 tuition at a community college has remained constant and increased at exactly the same rate as inflation. The correct option is a.
What is the consumer price index?Consumer price index refers to a price index, the price of a weighted average market basket of consumer goods and services purchased by households. Changes in measured consumer price index track changes in prices over time. It is a statistical estimate constructed using the prices of a sample of representative items whose prices are collected periodically.
The consumer price index is also known as CPI.
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if multimarket target audience similarities exist, then panregional or global campaigns can be attempted.
It is true that panregional or worldwide marketing can be tried if there are similarities among multimarket target audiences.
What is Multi-Market Strategy?Businesses that use a multi-marketing approach go out against one another in a variety of unique regional marketplaces. These businesses actively avoid competing businesses that offer unique products to the entire market. Globalization has increased multimarket rivalry. The study of circumstances where businesses compete against one another simultaneously in multiple markets is known as multimarket competition. The aggressiveness and market uncertainties, which have an impact on the competing strategies, determine the level of competition.
Which theory is also known as multi market theory?According to the idea of multimarket competition, when the number of markets in which two firms compete increases, the phenomenon of mutual forbearance may lessen the level of competition between the two firms at the market level. The most locally focused of the models offered is a multi-domestic strategy, which prioritizes local responsiveness over global standardization. This is a genuine "local-first" strategy that entirely changes the product, messaging, go-to-market plan, and customer support in accordance with the market.
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where the average total cost curve for a natural monopoly crosses the demand curve, the average total cost curve is rising. the marginal revenue curve also crosses the demand curve. the marginal cost curve is below the average total cost curve. the marginal revenue curve is rising. the marginal cost curve also crosses the demand curve.
The marginal cost curve is lower than the average total cost curve where the average total cost curve for a natural monopoly crosses the demand curve.
The total cost divided by the quantity produced represents the average overall cost of a firm's output. For the majority of businesses, a U-shaped graph results from graphing the average total cost (ATC) on the y-axis and the amount of production on the x-axis.
The little rectangle on top of the overall revenue rectangle represents the company's profit. It's a TR-TC. The company would experience a loss if the monopolist's average cost was higher than the price of its goods. The corporation is losing money in the right-hand graph since its average cost curve is higher than its pricing.
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*Alternative strategies (giving advantages and disadvantages for each). There should be at least two alternative strategies identified and discussed.
*Projected Financial Statements (Income Statement, Balance Sheet and Statement of Cash Flows) for 3 years into the future. This must be broken down by year into two (2) columns: 1 column without your strategy and 1 column with your strategy. The without column should serve as the basis for your with strategy column and only those financial statement accounts that will be changed, based on your strategy, should be impacted.
*Include Projected ratios for the without and with strategy by year. Discuss how these ratios compare and contrast with the historical findings.
*Cost Analysis completed on an Excel tab that outlines the cost that will be incurred to implement the strategy. This information should correspond with the With Strategy on the Projected Financial Statements, linking of cells to the financial statements is encouraged.
*Net Present Value analysis of proposed strategy’s new cash flow – you may also use Excel to solve for this. From the income statement the change in operating income between your with and without strategy should serve as your cash inflow for each year.
Projected financial statements incorporate current trends and expectations to arrive at a financial picture that management believes it can attain as of a future date.
What is projected financial statement?Obtain an unbiased assessment of the financial situation of your firm and the direction it is likely to follow. A balance sheet and income statement at the summary level are the absolute least that should be included in anticipated financial statements. The use of financial predictions enables you to determine what additional resources are required to sustain rising revenue as well as their possible effects on your balance sheet. The predicted financial plan shows how much more debt or equity you'll need to raise in order to maintain financial stability and health, which has an impact on your cash flow. Due to their potential to reveal data about a company's earnings, costs, profitability, and debt, financial statements are crucial. Financial statement line item review for competitive and historical comparisons requires the use of financial ratio analysis.To learn more about financial statement refer to:
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which of the following is not a development cost associated with an information system? group of answer choices training employees hardware and software all of the options are development costs. maintenance costs
This is not a development cost associated with an information system : Purchasing hardware and software up front is frequently.
An information system is a mixture of software program, hardware, and telecommunication networks to accumulate beneficial data, especially in an enterprise. Many businesses use information era to finish and manipulate their operations, engage with their clients, and stay beforehand of their competition.
An information machine is a proper, sociotechnical, organizational system designed to accumulate, procedure, store, and distribute data. From a sociotechnical angle, information structures are composed by means of four components: task, people, shape, and generation.
Statistics systems are collections of multiple records assets (e.g., software program, hardware, laptop machine connections, the machine housing, machine users, and pc machine facts) to gather, manner, keep, and disseminate statistics.
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for a retail website, the revenue per session kpi determines whether new traffic driven through additional advertising is profitable focuses on enticing shoppers to purchase higher-priced items during each sales transaction looks to increase the number of new sessions identifies the percentage of completed transactions
For a retail website, the revenue per session KPI helps to determines whether new traffic driven through additional advertising is profitable. The Option A is correct.
What is revenue per session?Also known as average revenue per session, refers to the average amount of money generated by every unique session or visit to your website. Retailers calculate the ARPS by dividing the total revenue in a particular time frame by the total number of unique website visits.
The session helps retailers to determine the health and performance of their brand and can provide insights into the effectiveness of existing strategies, identifying which efforts are generating result.
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Horizontal conflict causes problem between different types of marketing intermediaries that handle similar products. The biggest advantage of a physical distribution system is that its components are independent and hence, a decision in one area is unlikely to affect the functioning of the other components. T/F
False. Horizontal conflict can cause issues between different types of marketing intermediaries because they can be competing for the same products or services. This can lead to inefficient decision making and inefficiencies in the system.
What does Horizontal conflict means?
Horizontal conflict occurs in the workplace when two or more people or groups with an equal level of power, such as peers, colleagues, or teams, disagree. Different personalities, working styles, goals, and values can all contribute to these conflicts. If left unresolved, horizontal conflicts can be detrimental to a workplace, resulting in decreased job satisfaction, increased stress, and decreased productivity.
What does Services mean?
Services are activities or benefits that are provided by someone or something to meet the needs of another. Services can range from basic needs such as food and shelter to specialized services such as medical care and entertainment.Services are usually provided in exchange for some form of payment, such as money, goods, or services. They can also be provided freely, as in public services, or as a charitable act.
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usage rate segmentation best explains how a fraction of the segment can make up a portion of consumption.
Customers are divided into groups based on how frequently they use the product using a technique called use rate segmentation. It aids product managers in learning which features people enjoy and dislike the most.
What is usage rate?Usage rate shows what proportion of a product's features are used by customers, as well as which aspects they prefer and avoid.
What are the type of usage rate segmentation?There are 4 types of usage rate segmentation:
New users
Power users
Advocates
Inactive users
What are the difference between Usage rate segmentation and behavioral segmentation?Usage rate segmentation is a crucial component of behavioral segmentation and one of its components.
The practice of segmenting users based on their behavioral participation is known as behavioral segmentation. Customers can be divided into groups, for instance, according to their NPS rating, customer journey stage, engagement score, reached milestones, etc.
Contrarily, utilization rate segmentation categorizes clients into groups based on the length of time they spend using your product and the number of features they access.
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imagine you own a lawn-mowing business. identify the main function of money exhibited in each situation below.
Ima-gine you own a lawn-mowing busi-ness. The main func-tion of money exhib-ited Situations are - a. You swipe your de-bit card to purchase gas-oline for your lawn mower : Medium of excha-nge.
b. You stuff your earn-ings from mowing lawns into a pig-gy bank : Store of value.
c. You pay your fri-end Cornelius $5 to help you mow law-ns : Medium of exchange .
d. You calcu-late your net earn-ings for the year on your tax return : Unit of acc-ount .
e. You deter-mine how much value your new la-wn mower has add-ed to your busi-ness : Unit of account.
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Which of the following statements about the opportunity cost associated with a capital budgeting project is correct?
A project's opportunity cost is a cash outlay that the firm has already paid; therefore, it should not be included in a capital budgeting analysis.
The terms sunk cost and opportunity cost generally are used interchangeably.
A project's opportunity cost is the return (cash flow) that will not be earned (generated) if funds are invested in a particular capital budgeting project.
A project's opportunity cost is not a relevant cash flow, therefore it should not be included in the capital budgeting analysis.
The stated statement indicates that The return (cash flow) that won't be generated (earned) if money is invested in a specific capital budgeting project is known as the opportunity cost of the project.
What does opportunity cost mean?According to microeconomic theory, the value or advantage forfeited by engaging in a specific activity in comparison to engaging in quite an alternative activity is known as the opportunity cost. In plainer terms, it indicates that by choosing one activity, you are forgoing the chance to select an other.
Why is the opportunity cost significant?Making smarter judgments can be aided by understanding opportunity cost. You may make a more informed decision including being better prepared for any ramifications of your choice when you fully comprehend the possible advantages and disadvantages of each option you are weighing.
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In its macroeconomic equilibrium, the economy can be producing at i. below full employment. ii. full employment. iii. above full employment.
In its macroeconomic equilibrium, the economy can be produced at below full employment and above full employment.
When the amount of real GDP required and supplied are equal at the intersection of the AD and AS curves, macroeconomic equilibrium has occurred. Inventory builds up as a result of enterprises cutting production and prices when the amount of real GDP supplied exceeds the amount required.
When aggregate demand and short run aggregate supply (SRAS) are equal, there is a short-run macroeconomic equilibrium. Real GDP and the overall price level are determined by this equilibrium. An alteration in the equilibrium will result from changes (shifts) in the SRAS and/or AD.
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a patent is the legal right granted to a firm that allows it to: group of answer choices sell its new product exclusively for a set number of years make copies of other firm's products be the sole buyer of a particular product or resource be the exclusive distributor of a particular imported product
C is the best choice. Sell its new product exclusively for a predetermined period of time.
Intellectual property rights are the privileges accorded to the original thinkers of novel concepts. These legal protections can shield the developers from accusations of copying. Copyright, trademarks, geographical markers, and patents are a few examples of these rights.
An inventor of a fresh concept or invention is given a patent. An innovation is granted an exclusive privilege known as a patent. In other terms, a patent is an exclusive right to a product or a method that typically gives a fresh approach to a task or a novel technical solution to a challenge.
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