The way in which big data and data science can help today’s marketer includes:
A. The use of big data helps in marketing decision making because it keeps marketing information more “pure” by eliminating other business units from the marketing decision-making process.B. Big data can help firms react to market conditions more quickly, leading to optimized pricing practices.C. Data science has helped simplify promotional decisions because it has shown that simple promotions reaching large audiences work the best.What is Big Data vs Data Science?Basically, a big data refers to the data is used by organisations to improve the efficiency, understand the untapped market, and enhance competitiveness while a data science is more concentrated towards providing modelling techniques and methods to evaluate the potential of big data in a précised way.
Big data analytics are mostly used in marketing and sales by organizations in pricing strategies according to the pricing of similar products in the market. In conclusion, both the Big data and Data science are used for making promotional campaigns for customer retention and gaining new customers.
Read more about Big Data vs Data Science
brainly.com/question/21031963
#SPJ1
a flexible exchange rate is one that _______. it works _______.
A flexible exchange rate is one that is determined by supply and demand in the foreign exchange market. it works with no direct intervention by the central bank.
What is the flexible exchange rate?A monetary system that permits the exchange rate to be determined by supply and demand is known as a flexible exchange-rate system in macroeconomics. Each currency area needs to decide what kind of exchange rate system to keep. Some use mixed strategies between entirely fixed and permanently adaptable.
The exchange rate is based on the availability and demand of money in the market in a flexible exchange rate system. A flexible exchange rate system permits currency values to alter at will in accordance with shifts in the supply and demand for foreign currencies.
Flexible exchange rates are those that are based on the worldwide supply and demand of a given currency. In other words, they are determined by the prices of foreign exchange.
Read more on exchange rate here: https://brainly.com/question/2202418
#SPJ1
which of the following are ways promotion should be used to communicate to the target market about a business' products, brands, company, or people?
One of the methods of promotion that shouldn't be used to inform the target market about a company's goods, names, operations, or personnel is deceives.
What is promotion?
Promotion is any form of promoting communication that aims to steer target audiences of the relative qualities of a given sensible, service, idea, or brand. It aids marketers in establishing a unforgettable spot in clients' minds. This place are often either psychological feature or emotional. Promoting a product or service is meant to boost whole awareness, spark interest, enhance sales, or foster whole loyalty. one amongst the elemental parts of the market combine, that conjointly consists of the four note (product, pricing, location, and promotion), is this.
One of the parts of the promotional combine or promotional set up is promotion. These embrace event promoting and exhibitions additionally to non-public commercialism, advertising, advertisement, marketing promotion, and word of mouth.
To learn more about promotion, visit:
brainly.com/question/11131986
#SPJ4
is a light panel positioned above a workstation or production line that is used to indicate its operating status.
Yes, A light panel can be used to indicate the status of a workstation or production line, such as whether it is running, in idle status, or in an error state.
What does an light panel mean?
An light panel is a type of lighting fixture consisting of a flat, illuminated surface. It is commonly used in photography and videography, as well as in stage lighting, where the light panel can be used to project a variety of patterns and colors onto the stage. Additionally, some light panels are used for backlighting and accent lighting.
What does Videography mean?
The art of capturing moving images with video cameras, usually for the purpose of producing media content for television, film, or online video platforms, is known as videography. To create a compelling visual narrative, it employs a variety of techniques such as camera angles, lighting, and editing.
The light panel may also include a variety of indicators, such as text displays or buttons, to provide more detailed information about the workstation or production line's status.
To know more about Media content,
https://brainly.com/question/27175118
#SPJ4
employer taxes, such as suta, are recorded with a debit to employer tax expense and a credit to suta (expense/payable) until payments are submitted to the state.
Until payments are made to the state, employer taxes like SUTA are recorded with a debit to employer tax expense and a credit to SUTA payable.
What is the meaning of employer tax?
Employer payroll taxes, which include Social Security tax, Medicare tax, federal unemployment tax, and state unemployment tax, are the component of payroll taxes that businesses are accountable for.
On the costs and benefits they provide to their employees, employers must pay Class 1A and Class 1B National Insurance.
The tax that both the employer and the employee must pay is known as the Medicare Tax. Each party is liable for a particular portion of an employee's salary.
Learn more about employer tax from here:
https://brainly.com/question/29571262
#SPJ1
QUESTION 12
Budgets are prepared in which of the following orders?
a. sales budget, cash budget, production budget
b. production budget, sales budget, direct labor budget
c. production budget, cash budget, direct materials purchases budget
d. production budget, cost of goods sold budget, direct labor budget
e. sales budget, production budget, direct materials purchases budget
What are the four most used tax bases?
Individual income tax , corporate income, sales, and property are the four most common tax bases.
Describe tax bases.
The total amount of earnings, possessions, purchases, transactions, and other economic activity that is subject to taxation by a taxing authority is referred to as the tax base. A small tax base makes taxes ineffective and unbalanced. A large tax base allows for more money to be raised at lower rates and lowers the cost of tax administration.
In the US, there are three main types of taxation: progressive, proportional, and regressive. Regressive and progressive taxes, in contrast to proportional taxes, have different effects on high- and low-income earners. The tax base is the total market value of all the assets, income, and resources in a given area or jurisdiction.
To learn more about progressive taxes, visit:
https://brainly.com/question/1980107
#SPJ1
if a bank has $1,000 in checkable deposits and the reserve ratio is 25%, then it must hold reserves of $ .
Bank must hold reserves of $250, if it has $1,000 in checkable deposits and the reserve ratio is 25%
What is reserve ratio?The reserve ratio is the minimum percentage of the central bank's specified amount that each commercial bank must set aside as required by law. The central bank has the discretion to raise or lower this ratio in response to changing economic conditions.
What happens when the reserve ratio falls?Banks are able to extend more loans to individuals and businesses when the reserve ratio is reduced by the Federal Reserve. This lowers the amount of cash that banks must store in reserves. The economy grows as a result, increasing the money supply in the country.
Learn more about reserve ratio here:
https://brainly.com/question/15715066?referrer=searchResults
#SPJ4
an insurance agent, whose compensation is based on commission, is asked by a homeowner if damage from earthquakes is covered by the policy. it is company policy to avoid providing information about earthquake damage, so the salesperson misleads the homeowner. in this case the salesperson
In the given case, the salesperson can be held accountable.
What is the earthquake?An earthquake is a ground shaking as a result of an unexpected slip on a fault. Stresses in the earth's outer layer push the sides of the fault collectively. Strain builds up and the rocks slip, releasing power in waves that journey through the earth's crust and purpose the shaking that we sense for the duration of an earthquake.
In the given case, A homeowner asks an insurance agent, whose remuneration is dependent on commission, if earthquake damage is covered by the policy. Because it is against corporate policy to provide information concerning earthquake damage, the salesman misleads the homeowner. Then the salesman is held liable.
Learn more about the earthquake, refer to:
https://brainly.com/question/29500066
#SPJ1
(figure 67-7: firms in monopolistic competition) negative economic profit or economic loss is incurred if the profit-maximizing price is price in panel . a h; b b u; c c j; c d i; c e g; a
In panel A, the profit-maximizing price would be the equilibrium price, which is the market price where supply equals demand. At this price, firms in monopolistic competition would incur neither economic profit nor economic loss.
What is monopolistic?
Monopolistic competition is indeed a type of perfectly competitive where numerous producers compete with one another but sell different products that are not exact substitutes for one another. In monopolistically competitive, a company accepts the prices set by its competitors as given and pays no attention to how its own prices affect those of its rivals. Monopolistic competition will turn into a government-granted monopoly if this occurs in the face of a coercive government. In contrast to perfect competition, the business keeps extra capacity.
To learn more about monopolistic
https://brainly.com/question/25717627
#SPJ4
Media that are ________ allow receivers to observe multiple cues, such as body language and tone of voice, and senders to get feedback.
Media that are rich allow receivers to observe multiple cues, such as body language and tone of voice, and senders to get feedback.
The plural type of medium is media. It alludes to any method of correspondence. This can go from printed paper to advanced information. TV, radio, papers, the web, and different types of correspondence are instances of media.
The essential capability of broad communications, nonetheless, continues as before: to give crowds data they need and need to be aware, of for both enlightening and engaging purposes.
Rich media is a term utilized in computerized publicizing to depict a promotion with cutting-edge highlights like video, sound, or different components that urge watchers to communicate and draw in with the substance.
Learn more about media:
https://brainly.com/question/848260
#SPJ4
Phone Apps, LLC, is a limited liability company. Among its members, a dispute arises that the operating agreement does not cover. The dispute is governed by
a. the applicable state LLC statute.
b. the Uniform Limited Liability Company Act.
c. the federal LLC statutes.
d. the principles of partnership law.
Phone Apps, LLC, is a limited liability company. Among its members, a dispute arises that the operating agreement does not cover. The dispute is governed by the applicable state LLC statute. Option A.
What is LLC statute?A document must be filed with the business entity filing office of one state to create an LLC, which is a statutory business entity. This booklet includes some essential company-related information. Members of an LLC are its owners. All, part, or none of an LLC's members may be in charge of management.
Instead of a board of directors, managers, managing members, or the managing director are in charge of running the business. An LLC's managing members function like a company's board of directors.
Read more on LLC here: https://brainly.com/question/9503055
#SPJ1
Capital structures vary among firms in the United States and around the world. Relationships, attitudes, tax codes, and accounting differences contribute to some of the differences. As U.S. firms become increasingly involved in worldwide operations, they must become increasingly aware of worldwide conditions, and they must be prepared to adapt to conditions in the various countries in which they do business. True or False: Indicate whether each of the following statements about the various capital structures is true or false. Statements True False In general, drug and biotech companies do not use much debt. Italy and Japan use less debt than the United States and Canada OOOO In general, utilities use large amounts of debt. Management attitude influences the amount of debt that a firm takes on.
Capital structure may be a combination of a organization's long-term debt, brief-time period debt, commonplace inventory, and desired inventory. A organisation's share of brief-term debt versus lengthy-time period debt is considered whilst studying its capital structure.
Capital shape is the combination of debt and fairness on a employer's stability sheet. It shows how plenty of a company is financed by means of lenders and proprietors, and additionally provides insights into the corporation's value of capital—how a whole lot the capital within the enterprise is costing the owners.
The most advantageous capital structure is estimated by using calculating the mix of debt and equity that minimizes the weighted common value of capital (WACC) of a corporation at the same time as maximizing its market value. The lower the value of capital, the more the present value of the company's destiny cash flows, discounted by the WACC.
Learn more about Capital structure here:
https://brainly.com/question/29388667
#SPJ4
1. A decrease in supply is depicted by a A. movement from point x to point y. B. shift from S2 to S1. C. shift from S1 to S2. D. movement from point y to point x. 2. Using the same graph above, an increase in quantity supplied is depicted by a A. shift from S2 to S1. B. shift from S1 to S2. C. move from point y to point x. D. move from point x to point y. 3. Using the same graph above, a movement along the supply schedule from point x to point y depicts A. a decrease in supply. B. an increase in supply. C. an increase in quantity supplied. D. a decrease in quantity supplied.
1. We can see here that a decrease in supply is depicted by a: B. shift from S2 to S1.
2. Using the same graph above, an increase in quantity supplied is depicted by a: C. move from point y to point x.
3. Using the same graph above, a movement along the supply schedule from point x to point y depicts: D. a decrease in quantity supplied.
What is demand and supply?Demand and supply is actually known to be a relationship that is seen between the quantity that consumers are willing to pay and buy and the quantity of commodity that the manufacturers want to sell at different prices.
A price is usually determined by the interaction that is seen between supply and demand in the market. The principle of supply and demand is known to be the main model of price determination that is used in the economic world world today.
We see here that the given answers are correct. Attached is the image that relates to the question.
Learn more about demand and supply on https://brainly.com/question/4804206
#SPJ1
1.The cost of a hard drive installed in a computer? A.Direct labor cost. B.Direct materials cost. C.Manufacturing overhead cost. D.Selling cost. E.Administrative cost 2. The cost of advertising in the Puget Sound Computer User newspaper? A.Direct labor cost. B.Direct materials cost. C.Manufacturing overhead cost. D.Selling cost. E.Administrative cost3. The wages of employees who assemble computers from components ? A.Direct labor cost. B.Direct materials cost. C.Manufacturing overhead cost. D.Selling cost. E.Administrative cost4, Sales Commissions paid to the company's salespeople? A.Direct labor cost. B.Direct materials cost. C.Manufacturing overhead cost. D.Selling cost. E.Administrative cost5. The sallry of the assembly shop's supervisor? A.Direct labor cost. B.Direct materials cost. C.Manufacturing overhead cost. D.Selling cost. E.Administrative cost
The cost of a hard drive installed in a computer is: B. Direct materials cost.
The cost of advertising in the Puget Sound Computer User newspaper is: D. Selling cost.
The wages of employees who assemble computers from components is: A. Direct labor cost.
Sales Commissions paid to the company's salespeople is both: D. Selling cost. and E. Administrative cost.
The salary of the assembly shop's supervisor is: C. Manufacturing overhead cost.
What is costing?In Financial accounting, costing can be defined as a process which involves the measurement of the costs that are associated with the production of goods and services, especially by assessing the fixed costs and variable costs associated with each step of production.
Generally speaking, direct materials cost simply refers to a measure of the cost that is associated with the raw materials and other physical components that are used for the manufacturing of a product (good).
In conclusion, the sales commissions that are being paid to the salespeople that are working in a business firm (company) should be classified under both selling cost and administrative cost.
Read more on direct materials and cost here: https://brainly.com/question/28465124
#SPJ1
according to economic liberals, what is the role of the state in international economics?
The notion that the state exists primarily to amass money is rejected by liberals. The state is there to protect property and to give security, not the other way around. The term "political economy" has come to be used broadly in the liberal tradition to refer to the interaction between governments, markets, welfare, and wealth.
What function does the state serve in economic liberalism?When government action results in inefficient results, economic liberalism is opposed. They are in favor of a powerful state that upholds contract law and the right to private property. Additionally, they might be in favor of government action to address market imperfections.
To know more about political visit:
https://brainly.com/question/10369837
#SPJ4
sendstars is a package delivering company that recently made a study on its customer retention and service renewal metrics. they found that most customers defected from using sendstars' services due to customer dissatisfaction stemming from delivery personnel being rude or ill-mannered. to curb this issue, sendstars gave special training to its employees in customer service. which of the following data mining approaches did sendstars employ when they decided to train their employees in customer care based on the study?
The cause and effect modeling is the data mining approaches that Sendstars employed when they decided to train their employees in customer care based on the study.
What is data mining?The process of extracting and identifying patterns from large data sets using techniques at the interface of machine learning, statistics, and database systems is known as data mining. In order to better segment markets, data mining is used to explore ever-larger databases. In order to create tailored loyalty programs, it is possible to predict customer behavior by examining the relationships between factors like age, gender, and taste.
Data mining approaches include outlier detection, association, clustering, regression, tracking patterns, and prediction. Given that the data provided may change abruptly, patterns are simple to spot. As a result, the data can be gathered and divided into groups according to various sections before being analyzed using the groups.
To learn more about data mining approach, visit:
https://brainly.com/question/13505093
#SPJ1
Byron works at stich-rite clothing factory. The company is required to maintain safe working conditions under the.
Byron's company is required to maintain safe working conditions under the Occupational Safety and Health Act.
What is Occupational Safety and Health?Occupational Safety and Health (OSH) focuses heavily on primary prevention of hazards and covers all facets of health and safety in the workplace. Its objective is to stop accidents and injury caused by work-related activities.
Why is occupational health important?Concerns about the potential effects of employment and the workplace environment on employees' physical and mental health make up a significant portion of occupational health. It also discusses the impact that a worker's health may have on their capacity for work. Simply put, this refers to the relationship between job and health.
To know more about Occupational Health and Safety, visit:
https://brainly.com/question/14364473
#SPJ4
on july 1 2023 sugarland co began construction of a new manufacturing plant the plant was completed on oct 31
Expenditures on the project were as follows ($ in millions):
July 1, 2017-54, October 1, 2017-22, February 1, 2018-30, April 1, 2018-21, September 1, 2018-20, October 1, 2018-6.
What does the term "manufacturing plant" mean?Manufacturing plant is a building or factory where products are made. In 1971, the business established its first manufacturing facility in Europe. Automotive businesses, bakeries, shoemakers, and tailors are all examples of manufacturing because they all produce goods rather than provide services.
What are expenditures in the manufacturing sector?Materials, labor, and overhead are the three main areas of costs in the manufacturing industry. There are no indirect costs.
The most expensive component of manufacturing is labor. The job market is tremendously competitive, and employees are able to demand higher wages than ever before. Even though its cost varies greatly from place to region, it is still one of the major cost factors.
To know more about manufacturing industry, visit:
brainly.com/question/14537794
#SPJ4
From the following which events would cause interest rates to increase?
A. lower tax rates
B. a higher discount rate
C. lower reserve requirements
D. an open market operation to buy bonds
Based on macroeconomic strategies and financial methods applications, the event that would cause interest rates to increase is a higher discount rate.
What is a higher discount rateA higher discount rate is a financial term that is used to describe or express the future monetary value in present terms.
Generally, applying a high discount in the economy tends to have the consequence of raising other interest rates in the economy since it represents the cost of borrowing money for most major commercial banks and other depository institutions.
Therefore, given the available options, the statement or event that would lead to a higher interest rate is the higher discount rate.
Hence, in this case, it is concluded that the correct answer is option B. a higher discount rate
Learn more about the higher discount rate here: https://brainly.com/question/14310423
#SPJ1
Which statement about holding costs, also known as carrying costs, are correct?
Carrying costs can be stated as a constant.
Carrying costs can be stated as a percentage of item price,
Both the statement of holding costs, also known as carrying costs are correct.
What does Holding cost mean?
The total cost of storing an item for an extended period of time is referred to as the holding cost. These expenses include warehousing, insurance, storage, and administrative expenses. The opportunity cost of capital tied up in inventory, the cost of obsolescence, and the cost of deterioration are all examples of holding costs.
What does administrative expenses mean?
Administrative expenses are those incurred in the day-to-day operations of a company or organisation. Salary, rent, office supplies, professional fees, travel, and insurance are examples of such expenses. They are distinct from production costs, which are expenses incurred during the manufacture of goods or services.
To know more about Holding Cost,
https://brainly.com/question/29559299
#SPJ4
if an organization directly securitized its income-producing assets without using a special purpose vehicle (spv) as an intermediary, investors
Because an organization holds many different forms of assets and incurs many different types of liabilities, analyzing overall credit risk is complicated.
What is securitization, and how does it make real estate investments easier?In order to repackage specific asset classes into interest-bearing securities, securitization involves pooling those assets. The assets pay interest and principal payments to the securities buyers.
How does the securitization process contribute to maintaining liquidity?The securitization process has made it possible for normal investors to purchase shares of products that would otherwise be out of their price range. For instance, a buyer of mortgage-backed securities (MBS) can expect to receive monthly principal and interest payments.
To know more about securitization visit:-
https://brainly.com/question/15075910
#SPJ4
The company developed a new product during 2022, incurring $140,000 in research and development costs, $10,000 in legal fees, and $10,000 in application fees with the U. S. Patent Office. A patent for this product was granted on July 1, 2011 and is expected to have a useful life of 5 years and a legal life of 20 years. How much amortization expense will be reported on the statement for the year-ending December 31, 2011?Group of answer choicesA.$1,000B.$16,000C.$500D.$4,000E.$2,000
$4000 will be reported as amortization expense of the patent. The correct answer is option D.
What is an amortization expense?Amortization expense is the write-off of an intangible asset over its expected period of use, which reflects the consumption of the asset
The amortization expense to be reported on the statement for the year-ending December 31, 2011 is:
Amortization expense = Legal fees+ Application fees / Useful life
= $10,000+$10,000/5
= $4000
Therefore, the amortization expense to be reported on December,2011 is $4,000.
To learn more about amortization expense, click here:
https://brainly.com/question/14514813
#SPJ1
A Cpk index of 1.00 equates to a defect rate ofA) Approximately five percentB) Approximately 2.6 per 1,000 itemsC) Approximately 3.4 defects per millionD) Approximately 97.23 percentE) Approximately one percent
A Cpk index of 1.00 indicates that there are 2.7 defects for every 1000 items.
The defect rate is the percentage of production units that are defective or unusable out of a given number. This measurement is used by businesses to assess product quality and its impact on profitability. Despite the fact that lower rates are preferable, there is no industry-wide standard defect rate.
What is an acceptable defect rate?Modern quality objectives actually necessitate brand-new measurement criteria. At many of the best plants, Six Sigma quality, which translates to a defect rate of 3.4 parts per million and was initially established as an internal stretch goal by Motorola Inc., is the de facto standard.
To learn more about defect rate here
https://brainly.com/question/28628009
#SPJ1
irms usually offer their customers some form of trade credit. this allowance comes with certain terms of credit, which affect the cost of asset of sale for the buyer as well as the seller. consider this case: cold duck manufacturing inc. buys on terms of 2/10, net 30 from its chief supplier.
Payment term of 2/20, net 30 mean if payment is made within 20 days then the customer will get a 2% discount. And the maximum payment term is 30 days.
Cost of credit for one period = 2% / (1 - 2%)= 2.04%
The cost of credit for one period is 2.04%.
Nominal cost of trade credit = 2.04% {365 / (30 - 20)}
= 2.04% 36.50
= 74.46%
Nominal cost of trade credit is 74.46%.
If the supplier shortens the discount period from 20 days to 5 days then the nominal cost of trade credit will decrease.his refers to the money cost of production. This refers to the value of the product in dollars the time when the product was manufactured. Here the inflatons, deflations are not taken into account.
Inflation can be defined as a decrease in the purchasing power of money. This is reflected in higher prices for goods and services in the market. That is, an increase in the price of a commodity over a period of time. One cause of inflation is low supply and high demand for goods and services in the market.
Learn more about "inflation" here :
https://brainly.com/question/777738
#SPJ4
which of the following statements is correct? multiple choice a direct cost can be readily traced to a cost object while an indirect cost is traced only to manufacturing costs. an indirect cost can be readily traced to a cost object while a direct cost is traced only to manufacturing costs. a direct cost can be traced to a specific cost object, while an indirect cost cannot. an indirect cost can be traced to a specific cost object, while a direct cost cannot.
A direct cost can be traced to a specific cost object, while an indirect cost cannot.
Direct costs are costs that a business can quickly associate with a particular "cost object," which could be a project, department, or product. Software, equipment, and raw materials can all fall under this category. As long as the labor is unique to the particular project, department, or product, it can also include labor.
Beyond the costs you spend on making a product, indirect costs also cover the expenses related to maintaining and operating a business. After calculating direct costs, these overhead costs are what are left over.
There is a quick trick to determining whether payments are direct or indirect costs: Direct costs are those associated with designing, developing, and launching a product or service, while indirect costs are those associated with unrelated goods or services.
Learn more about Direct costs, here
https://brainly.com/question/14671852
#SPJ4
what is a core feature of all work teams?
Members of successful teams prioritize the group aim over personal interests as one of their defining traits.
Why are work teams necessary?Employee engagement is increased via teams, which permit employee input into operational choices. They are a powerful tool that management may use to democratize the workplace, encourage employee input into operational choices, and raise employee engagement.
What characteristics distinguish a successful team?A common aim and strategy are pursued by effective teams in order to achieve their objectives. Respect is shown for one another by team members and management in healthy teams. The team respects the contributions and skill sets of each individual. People that have various strengths can collaborate when they are part of a team.
To know more about work team visit:
https://brainly.com/question/15085199
#SPJ4
Answer:
shared purpose
Explanation:
using the cellular respiration model, evaluate each of the statements below. which of these accurately describe the process of aerobic cellular respiration? choose all that apply. A) Aerobic respiration occurs in the cell. B) Aerobic respiration produces carbon dioxide. C) Aerobic respiration produces oxygen and glucose. D) Aerobic respiration includes: glycolysis, Krebs cycle, and ETC. (Electronic Transport Chain) E) Foods that a person eats are converted into ATP energy in the mitochondria.
According to the cellular respiration model, Oxygen and glucose are produced during aerobic respiration. A is correct option.
The two processes that make up cellular respiration are glycolysis, which takes place in the cytoplasm and converts glucose to pyruvate, and the Krebs's cycle, which takes place in the mitochondria and transforms pyruvate into ATP (adenosine triphosphate) and energy.
In aerobic respiration, the cell uses up oxygen and releases carbon dioxide, glucose, and a significant quantity of energy. (686 kcal, roughly)A series of chemical processes known as cellular respiration convert glucose into ATP, which can then be used as energy for a variety of bodily reactions. Glycolysis, the citric acid cycle, and oxidative phosphorylation are the three main processes that take place during cellular respiration.
Learn more about cellular respiration from
https://brainly.com/question/13721588
#SPJ4
TRUE/FALSE in most cases, the price point set by a seller must cover the variable costs to produce the unit, but not necessarily a share of the fixed costs associated with operating the business
In most cases, the price point set by a seller must cover the variable costs to produce the unit, but not necessarily a share of the fixed costs associated with operating the business. The given statement is False.
What are the most important considerations for pricing policies?Competition: Your company probably knows who its competitors are and how much they charge customers. Pricing policies are heavily influenced by market competition. Profit goals: You might choose a pricing policy to help your company meet a specific profit goal.
Costs - When determining a selling price, a company cannot overlook the cost of production or purchasing a product. A business will fail in the long run if it sells for less than its cost or has a gross profit margin that is insufficient to cover its fixed costs.
Thus, the given statement is False.
Learn more about pricing policies here:
https://brainly.com/question/19058806
#SPJ1
If the value of a vehicle is increased after repairs, such as repainting an entire auto when only one fender is damaged, the insurer will not pay for the increase in value. What is the name for the increase in value?
If the value of a vehicle is increased after repairs, such as repainting an entire auto when only one fender is damaged, the insurer will not pay for the increase in value. Betterment is the name for the increase in value.
An insurer is a employer that sells insurance. The insurer will pay the insured the coins cost which the coverage has constructed up if it's miles surrendered. it is mandatory for insurers to provide the customers with a prospectus that carries all of the foremost features of the coverage. An insurer is a company that sells insurance.
The insurer is the birthday party in an insurance contract that guarantees to pay compensation. The insurer is an entity, normally an coverage business enterprise, that underwrites the insured danger. through assessment, the insured is someone or enterprise whose life, fitness or assets is covered by an insurance coverage.
Learn more about insurer here:https://brainly.com/question/28456871
#SPJ4
What are the main sources of funding for the north american model of wildlife conservation?.
The North America Model of Wildlife Conservation gets funds from the sale of hunting and fishing licenses and from the excise taxes collected on specific hunting and fishing equipment.
What is wildlife conservation?Wildlife conservation is the conscious effort made by humans to protect plants, other animal species, and their habitats. Wildlife conservation is critical because wildlife and wilderness play an important role in preserving ecological balance and improving human quality of life.
Also, Wildlife Service provides federal aid to state wildlife agencies to support a variety of hunting-related projects, including hunter education, land acquisition, and improvement of wildlife habitat.
Learn more about wildlife conservation here:
https://brainly.com/question/17417138
#SPJ1
