What element of the marketing mix involves all the activities that communicate value of a product and persuade customers to buy it?

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Answer 1

Promotion is a component of the marketing mix that includes all of the actions taken to promote the benefits of a product and persuade consumers to purchase it.

As a component of an all-encompassing marketing strategy, a marketing mix encompasses many areas of emphasis. The phrase frequently alludes to the classification known as the four Ps, which originally stood for product, pricing, placement, and promotion. Instead than focusing solely on one message, effective marketing touches on a variety of topics. This makes it easier to connect with more people, and by remembering the four Ps, marketing professionals are better able to keep their attention on the things that really important. When releasing new products or updating current ones, firms can make more strategic decisions by concentrating on the marketing mix.

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Related Questions

Application of the cost-benefit principle would lead one to purchase a _______ computer because _______ .

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Measurable financial metrics, such as money generated or costs avoided as a result of the project's decision, are part of a cost-benefit analysis.

According to the cost-benefit concept, users should not pay more for financial information in financial statements than is necessary to provide that information.

According to the cost-benefit principle, all options should be considered before making a decision. Opportunity costs are one.

Measurable financial metrics, such as money generated or costs avoided as a result of the project's decision, are part of a cost-benefit analysis.

To assess the viability of cash flows from an asset or project, use the benefit-cost ratio. The risk-return profile of the project is more appealing the higher the ratio. A defective benefit-cost ratio would be the result of inadequate cash flow forecasts or an inappropriate discount rate.

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Switching costs, the number of buyers, and if the items represent a relatively small portion of the cost of finished products are key considerations regarding the ________.

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Switching costs, number of buyers, and if the items represent a relatively small portion of the cost of finished products are key considerations regarding the bargaining power of buyers.

Switching costs are the costs which are paid by a consumer as a result of switching brands, suppliers, or products. Some companies may employ high switching costs in order to prevent customers from moving to another brand.

Suppose if the customer purchases large volumes of standardized products from the seller, then the buyer's bargaining power is quite high.  Also, when substitute of a product is available in the market, the buyer power increases.

Hence, most prevailing switching costs are monetary in nature.

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True or false: the interval measure indicates how long a start-up company can operate until it needs more financing.

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Answer: True

Explanation:

The interval measure indicates how long a start-up company can operate until it needs more financing.

Ben and jerry would not be considered transformational leaders because they did not?

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Ben and Jerry would not be considered transformational leaders because they did not change the direction of an existing organization. It is possible that in the process Ben and Jerry were not open to new ideas, did not focus on changing the existing mindset of the team, did not become active listeners and were considered intolerant of the existing risks.

Transformational leadership style is a way for leaders to motivate and empower the people who are their responsibility to work together to realize the company's vision. Transformational leadership is a form of values, beliefs, and needs that include change as a form of new breakthrough.

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Management students may not immediately become managers, but studying management can help you.

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Management students may not immediately become managers, but studying management can help you understand how organizational decisions are made

This is further explained below.

What are organizational decisions?

Generally,  The process by which a single organizational unit or several organizational units come to a decision on behalf of the organization is referred to as organizational decision making.

The unit responsible for making decisions might be as limited as a single person, such as a manager, or as extensive as the full membership of the organization.

In conclusion, Students who major in abnormal psychology often fall victim to this mental state, in which they mistakenly assume that they are afflicted with the illness that they are researching.

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A country with a trade surplus generally has a favorable balance of payments, which means?

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Trade with foreign nations brings in more money for the nation than it expends.

Why is there a trade surplus?

A trade surplus is an economic indicator indicating a favorable trade balance where a nation's exports are more than its imports.

Total Value of Exports minus Total Value of Imports is the trade balance.

When the outcome of the computation above is positive, there is a trade surplus.. It takes place when the outcome of the aforementioned computation is negative and is the opposite of a trade surplus, which denotes a net inflow. The Bureau of Economic Analysis in the US publishes trade balances on a monthly basis.

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A title acquired from someone who already owns the goods free and clear is known as a ________.

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A good title is one that is obtained from someone who already owns the things free and clear.

What is a good title?

An implied term of a land purchase agreement is "good title," which means that the seller must transfer to the buyer a clear, marketable title free from encumbrances and potentially hazardous legal action brought by third parties with property rights.

Use terms that provide a good impression and pique the reader's interest to make the title intriguing, attention-grabbing, and simple to read.

If a mortgage was placed against the property but it was never paid off or if the mortgage is not satisfied in the record file, that is an example of a title defect.

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The sales department needs to rely on information from operations to understand __

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The sales department needs to rely on information from operations to understand inventory, place customer orders, and forecast consumer demand.

What does the sales department do?

Marketing a company's products and services is the responsibility of the sales department. The division includes a sales staff that collaborates to close deals, raise profits, and establish and maintain connections with clients to promote repeat business and brand loyalty.

Any firm needs its sales department to function effectively. It serves as the key link between clients and a business, item, service, or brand. Conversions, or occasions where customers perform an action that the organization wants, are increased by a strong sales force.

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brandon owes his brother $120. he has a stamp collection worth $1,250 and he has $300 in a bank account. he also has a skateboard worth $95.which are brandon’s assets?

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Brandon’s assets are of $1550

According to the question Brandon owes his brother $ 120 which means that he has to repay $120 to his brother.  

Now  he has a stamp collection of  $ 1,250, bank account of $ 300 and also a skate board worth $ 95.

The assets of Brandon are:

Stamp collection = $ 1,250

Bank account = $ 300

Therefore Total assets are of:

=1250+300

=1550 $

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Law firms sometimes ask their employees to pad their billable hours or charge customers for tasks they did not perform. this is an example of ________.

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There are times when law firms push their staff to increase their billable hours or bill clients for services they did not provide. An illustration of unethical behavior might be this.

What is an unethical behavior?

An act that goes against what is morally right for a person, a business, a profession, or in politics is deemed unethical behavior. Additionally, it can refer to a person's actions that go against the values upheld in the neighborhood where they reside. Person acting unethically: lying to loved ones, friends, and coworkers in order to obtain dishonest gain; robbing a home or job; borrowing money from a friend and not paying it back with the intent to defraud him; maintaining an extramarital relationship; criticizing friends, family, or coworkers behind their backs; conducting personal business during work hours; manipulating expense reimbursements; and selling a property without disclosing its flaws.

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The problem of bankruptcy is associated with misuse of credit in the ______________ component of financial planning.

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The problem of bankruptcy is associated with the misuse of credit in the borrowing component of financial planning.

Making a plan for your future, specifically one that addresses how you will handle your finances and be ready for any potential expenses and problems is known as financial planning.

Policy creation in relation to borrowing and lending, cash management, and other financial activities results from financial planning. Such policies will aid in making crucial decisions for the management of capital and achieving financial activity coordination.

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Warbler's salesmen have proposed to decrease the selling price by 50 cents per unit. how many units will need to be sold for warbler to earn at least the same net operating income?

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34,286 units will need to be sold for warbler to earn at least the same net operating income.

Calculation:

                                  Total          Per Unit Sales

                                    $ 300,000   $ 10

Variable expenses    180,000       $6

Contribution margin 120,000       $ 4

Fixed expenses       100,000

Net operating income $ 20,000

New selling price

= Old price - prosed price

=$10-$0.5  =  $9.5

Revised contribution margin

= Selling price-Variable costs

= $9.5-$6=$3.5

The Proposed Contribution margin

= Net operating income + Fixed expenses.

= (100,000 +20,000)

= $120,000

Required units to be sold =Proposed Contribution margin/Contribution margin per unit

= $120,000/$3.5

= 34,285.7 units

Hence, 34,286 units will need to be sold for warbler to earn at least the same net operating income.

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In online reverse auctions, ______ are competing for the business of the ______ by offering their products or services at ______ prices.

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In online reverse auctions, Sellers compete for the business of the buyers by offering their products or services at the lowest prices.

What are reverse auctions?

An auction type where the typical roles of the buyer and seller are switched around is called a reverse auction (also known as a buyer-determined auction or procurement auction). There is one buyer and numerous sellers who may be interested. In a regular auction, commonly referred to as a forward auction, buyers compete for products or services by putting forth progressively larger prices. In a reverse auction, on the other hand, the vendors compete with one another for the buyer's business, and prices often decline as the sellers underbid one another.

Because the fundamental idea is the same in all types of auctions, a reverse auction is comparable to a unique bid auction; nevertheless, a unique bid auction closely resembles a conventional auction because each bid is kept secret and a single, distinct winner is determined after the sale concludes.

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Determining which tasks must be performed to attain organizational goals is part of which management function?

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Choosing the tasks that must be completed in order to achieve organizational goals, stating their requirements, and specifying when they must be completed are all part of planning.

Setting goals and choosing a course of action to achieve them are both part of the management task of planning. Managers must foresee future situations and be aware of the current environmental factors affecting their firm.

Planning, organizing, leading, and controlling are the four widely acknowledged management functions that include these essential skills. Henri Fayol originally identified five parts that made up management.

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Carlos has been asked to evaluate new opportunities that his company can take advantage of while also investigating potential threats to its product line. carlos should use a(n)_______ to complete his task.

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If Carlos has been asked to evaluate new opportunities that his company can take advantage of while also investigating potential threats to its product line, Carlos should use the SWOT analysis to complete his task.

What is the SWOT analysis?

SWOT analysis is a form of business analysis that involves the examination of the Strengths and Weaknesses of certain decisions and the Opportunities and Threats that a business might encounter because of adopting certain approaches.

Carlos should adopt this approach when trying to resolve this issue. With this method, he will be able to identify threats and weaknesses and strengths, and weaknesses.

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Just learned/registered to be a therapist! Let me know if you want to talk about anything, or just have conversations. I want everyone to know that I’m here and I know it’s hard to put your feelings on the internet but I want you to feel safe. Feel free to leave anything in the comments

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Answer:

wow i totally need this

Explanation:

Why it it not working the app?

Answers

1,2,3,6

this is what i would choose of course

not sure how to explain it though

According to the growth-share matrix, __________ are high-share, high-growth products. when the market growth slows these products become __________.

Answers

According to the growth-share matrix, STARS are high-share, high-growth products. when the market growth slows these products become CASH COWS.

What does marketing's growth share matrix mean?The reasoning behind the growth share matrix is that market leadership yields greater profits that are sustainable. In the end, the market leader achieves a cost advantage that is tough for rivals to match. The markets with the most development potential are then indicated by these high growth rates.

Building a Growth-Share Matrix

Build a matrix. Make a grid of two by two boxes.Establish categories. Put a dog in the lower right box, a question mark in the upper right box, a cow in the lower left box, and a star in the upper right box.Include labels.Determine your finances.Make judgments.

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If dallas company billed a client for $16,000 of consulting work completed, the accounts receivable asset increases by $16,000 and:_____.

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If Dallas company billed a client for $16,000 of consulting work completed, the accounts receivable asset increases by $16,000 and: revenue

What are impact of billing a client for consulting work?

The fact that a client is billed for work completed with an increase in assets, precisely, accounts receivable means there should a corresponding entry in another account class.

There would also be an increase in sales revenue because by billing for consulting work completed, in other words, performance of consulting services implies that the Dallas company has earned revenue regardless of whether or not the cash related to the transaction has been collected.

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Prior to being recorded on the income statement, manufacturers' product costs flow through ______. multiple select question.
a. cost of goods sold
b. finished goods
c. work in process
d. raw materials

Answers

A manufacturers' product costs flow through raw materials, work in process (or work in progress), and finished goods prior to being recorded on the income statement. So, yes, the answers are B, C, and/or D. Cost of Goods Sold is not included.

While work in process, also known as WIP, refers to the products being manufactured, raw materials are the components that go into the finished product. The finished goods, however, are the manufacturer's final products.

Costs of goods are passed through inventory accounts until they are sold, at which point they are compared to sales on the income statement.

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Suppose that today the exchange rate between the u.s. dollar and the chinese yuan is $1 =.12 yuan. if next week the exchange rate is $1 = .20 yuan, it is clear that:__________

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1.00000 CNY = 0.14418 USD

20 CNY == 2.88 USD

Nowadays, the name "Yuan" typically refers to the main unit of the People's Republic of China's currency, the renminbi (RMB). [Banknotes in RMB range in value from one Yuan to one hundred Yuan. Particularly in international contexts, it is also used as a synonym for that money; the ISO 4217 standard code for the renminbi is CNY, which stands for "Chinese yuan." (Using sterling to refer to British currency and the pound as the unit of account is a similar situation.)

Yuán literally means a "round thing" or "round coin" in Standard (Mandarin) Chinese. A silver round coin known as the yuan was used throughout the Qing Dynasty.

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Generally, all stakeholders agree that there is a problem and on what the problem is before beginning the dmaic process. True or false?.

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Before starting the DMAIC process, most stakeholders are in agreement that there is a problem and what the problem is.

The given statement is false:

The DMAIC method · outline the hassle, improvement interest, opportunity for development, the mission desires, and consumer (internal and external) requirements.decide the vital elements in your commercial enterprise process's success. To gauge the effectiveness of the system, define process metrics. you can enhance this system' performance the use of the six sigma technique. A rational, organized approach to improving company operations is six sigma.The Greek letter "Sigma," used in facts, expresses how a ways a procedure deviates from ideal behavior. Sigma is any other name for the procedure's preferred deviation from the imply. An business enterprise can use the Six Sigma manner to rely the "defects" in a procedure, locate methods to get rid of them, and as closely as feasible to "zero defects"increasing the effectiveness and high-quality of the agency presents demanding situations for managers. with a view to prevail, they ought to positioned the pleasant technique and gear for procedure evaluation and manipulate into use. The pinnacle The system ought to be improved so one can enhance the final results.

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The element of the marketing mix demonstrated when an art gallery suggests a $2 donation at the door is:________

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Price is the marketing mix component that is on display when an art gallery requests a $2 entrance donation.

Since art is a means of portrayal, the artist can use it to compel the viewer to reflect on the subject matter being portrayed. A donation request that is too low will imply that you lack faith in your capacity to address the issue and that it is urgent, while a donation request that is too high will turn off the supporter. In order to raise money without putting a strain on the supporter's finances of price, charities frequently make suggestions that are neither too low nor too high. As a result, it is the Price mix.

A price is the amount of money that one party pays another in exchange for products or services; it is typically not negative. The cost of production might take on numerous names depending on the circumstance. If the item is a "good" in a commercial transaction, the cost of the item will probably be referred to as its "price". There will be other potential names for this product's name if the thing is a "service," though.

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Talk to a 40-year-old business professional with a family that includes a spouse and children. This person can be a family member, friend, or mentor. List and describe the savings, investments and risk management strategies for this phase of life. Describe how financial planning has changed from the earlier phase of life.


If you do not answer and put a blank answer I will report

Answers

The financial planning will differ for the person according to their age. A person who is 40 years older would have money only from his savings. The 40-year-old person is retired and would only have money available for living from the saving he had made while he was working.

The risk management officer should consider the investments by considering his available savings. He should also consider the money required for living as there is no other source of income. The risk appetite for such an old-aged individual will be low. He must be risk averse in the situation of retirement. The financial planning strategies change for the person over the different phases of life. When a person is young and starts the job at age of 25 he might take excessive risks for getting extra returns. He is young and energetic and has the ability to work part-time along with his routine job to earn extra money.

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Suppose some malware infects your computer, and its only objective is to initiate connections to other computers and try to infect them. is negetives externality this behavior?

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Malware can be used for malicious purposes, like opening spammed websites and using them for non social operations. Malware can also alter how the internet is bug and spammed.

Why do you use the term malware?

Malware, short for "malicious programs," is any intrusive program developed by bugging (typically called to as "cybercriminals") to steal data and harm or destroy devices and computer systems. Trojan horses, spyware, adware, and ransomware are examples of the several types of malware that are regularly found. Malware is any software that has been specifically created to disrupt a computer, server, client, or computer network, leak sensitive data, gain unauthorized access to data or systems, deny users access to information, or inadvertently compromise a user's computer security. The most common types of malware are viruses, trojan horses, ransomware, spyware, rootkits, file-less malware, and malvertising.

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Understanding that arab businessmen tend to stand face-to-face when holding a conversation reveals the importance of understanding another culture's use of:_______.

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Understanding that arab businessmen tend to stand face-to-face when holding a conversation reveals the importance of understanding another culture's use of: body language.

What is body language?

Body language can be defined as the ways use by people to express themselves when communicating  or interacting  with others.

People tend to make use of different body language during communication example of this body language includes the following:

Body postureFacial expressionEye contactGestures etc.

When people face each other face to face  when communicating they are displaying what is called body language.

Therefore understanding that arab businessmen tend to stand face-to-face when holding a conversation reveals the importance of understanding another culture's use of: body language.

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Monster music company provided music lessons to customers for $10,000, receiving $6,000 in cash and the rest on account. what is monster music company's revenue under the accrual basis of accounting?

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The monster music company's revenue under the accrual basis of accounting is $10,000

What is the accrual basis of accounting?

Under  the accrual basis of accounting, revenue is recognized when the goods have been delivered or services rendered regardless of when payment for goods or services is received.

The fact that Monster music company already provided the music lessons whose revenue is $10,000 means that it  should recognize the revenue for the whole music lessons provided rather the portion whose cash payment has been received

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What is the future value of this investment at the end of year five if 5.34 percent per year is the appropriate interest (discount) rate?

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The future value of this investment at the end of year five if 5.34 percent per year is the appropriate interest (discount) rate:-

We use the formula:

A=P(1+r/100)^n

where

A=future value

P=present value

r=rate of interest

n=time period

A=2080*(1.17)^4+3427*(1.17)^3+646*(1.17)^2+3720*(1.17)+908

=$15531.12.

How do you determine an investment's future value?

The formula for future value

In mathematic terms, the formula is: future value = present value x (1 + interest rate)n

The superscript n in this formula denotes the number of interest-compounding periods that will take place during the period you are calculating for. FV=PV(1+i)n

FV = $1,000 x (1 + 0.1)5

How is annual compound future value calculated?

A = P (1+r/m) mt.

It is necessary to compute A, or the investment's future worth.

P (Initial Investment Value) = $5,000.

The rate of return, or r, is 10% yearly compounded.

m (the number of annual compounding cycles) = 1.

Three years are the number of years for which the investment is made, or t.

What is the formula for present and future value?

Relevant Lessons

The formula for calculating present value is PV = FV/(1 + I n, where PV stands for present value, FV for future value, I for the decimalized interest rate, and n for the number of periods.

FV = PV (1 + i)n is the formula for future value.

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How many different types of intelligence are there according to the theory of multiple intelligences?
a. twelve
b. three
c. five
d. eight

Answers

Eight types of intelligence are there according to the theory of multiple intelligences. Option D is an appropriate response.

What is the theory of multiple intelligences?

Linguistic, Logical/Mathematical, Spatial, Bodily-Kinesthetic, Musical, Interpersonal, Intrapersonal, and Naturalist are the eight forms of intelligence that Gardner identified in order to widen this concept of intelligence.

Because people are good at different things, Gardner's theory of multiple intelligences can help students comprehend how people learn. Students can tailor the knowledge to their learning style when they can determine which type of multiple intelligence they utilize to absorb information.

Eight types of intelligence are there according to the theory of multiple intelligences.

Hence, option D is an appropriate response.

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A human capital investment analysis can identify which employees need what kinds of training?

Answers

A human capital investment analysis can identify which employees need Formal kinds of training.

What is Human Capital?

This is known to be the needed knowledge, skills, experiences, as wells as abilities, education life, expertise, motivation and others by a company, etc.

Formal training & development is known to be a kind of mandatory form of training that is often done in a lot of basic jobs.

Formal training is known to be a term that connote a form of training that has been said to be structured as well as have a defined form of curriculum.

Therefore, A human capital investment analysis can identify which employees need Formal kinds of training.

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Other Questions
The price of a computer is 899.00 the sales tax rate is 7% what is the sales tax on the computer in dollars and cent Question 1 The Movie class includes a toString method. Suppose another class is using the Movie class and has declared m as a Movie and initialized m. Which TWO of the following would use the toString method correctly to print out information about the movie m? 1 point 1 System.out.println(m); 1 System.out.println(toString()); 1 System.out.println(m.toString); 1 When describing the relationship of a rear limb to the trunk of the body, the hip would be described as the most ___ point of the extremity With respect to the nervous system, somatic is to autonomic as _____ is to _____. What do the best firms in an industry seek to identify and manage on an ongoing basis as sources to respond to their external environment? Actual overhead costs may not be proportional to the actual amount of the allocation base used because ______. Personal property are and are held either to consume and use or to generate a return or income as an investment. an example of personal property is:_______ Which relation is represented by the arrow diagram?{(-0.5, -1), (1,7), (0.5, -0.2), (3.2, 1)}{(3.2, 1), (0.5, -0.2), (1,1), (-0.5, 7)}{(-1, -0.5), (7, 1), (-0.2, 0.5), (1, 3.2)}{(-0.5, -1), (1, 7), (0.5, 1), (3.2, -0.2)} Darren is purchasing a car that costs $10,000. He is taking out a simple interest loan at an annual rate of 3%. If he makes monthly payments over a period of 6 years, how much is his monthly payment? $138.89 $163.89 $168.92 $180.12 What is the solution to |14|-|-14| Exercise 2 Complete each sentence by adding an appropriate adjective in the space provided.People consider Lucas a very ______________ friendly boy. If the mean of a normal distribution is 20 and its standard deviation is 3, between which values would 99.5 percent of the data observations be expected to fall? why did the early leaders design the articles of confederation to have a weak central government and strong state governments? c. A parallelogramhas an area of 7 square units. If the height that corresponds toa base is unit, what is the base? A provision of the supreme court ruling on the scott v. Sandford case was later overturned by. A spherical tank has a capacity of 750 gallons. using the fact that 1 gallon is about 0.1337 ft3, find the radius of the tank (to the nearest hundredth of a foot). According to durkheim, __________ is a driving force for people coming together in societies. Research exploring if personality can predict whether people use a mac or a pc has found that __________. You plan on going golfing this weekend with a friend. you can either go to your favorite course which is 14 miles north of your house or to your friends favorite course which is 14 miles south of your house. write an absolute value inequality that represents all the distances you may be from your house states that are linked by a common physical feature, such as the Mississippi river, represent what type of regiona) Fuctionalb) perceptual c) regional d) formal Which of the following is an example of a FORMAL region?a) The middle east b) the sahara desert c) the bible beltd) the interstate highway system in the USWich of the following best describes a region in the world? a) a group of places unified by a common feature b) describes the relationship between humans and the environment in which they live c) how people, products, information, and ideas get from one place to another d) explains where something is Which of the following would be used in describing a region based on physical features? a) religionb) Vegitation c) political units d) trade networks