A product's appearance, intended usage, and other marketing components must all be created to be culturally appropriate.
The four Ps represent the crucial factors that must be carefully thought out and put into practice in order to properly advertise a good or service. Product, price, place, and promotion make up this list. The marketing mix is another name for the four Ps. They cover a wide range of aspects that are taken into account when marketing a product, such as what consumers want, how the good or service satisfies or doesn't satisfy those wants, how the good or service is perceived in society, how it distinguishes itself from the competition, and how the business that makes it engages with its clients.
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The classic flow is that mission drives business strategy, which in turn drives functional strategy. when the functional strategy then feeds back into the business strategy, experts refer to this as?
The classic flow is that mission drives business strategy, which in turn drives functional strategy. When the functional strategy then feeds back into the business strategy, experts refer to this as "closing the loop".
What is business strategy?As was already mentioned, many different components make up a corporate plan. Clear priorities and boundaries are established by this management action. Efficiently using energy resources and processes is decided upon by a business plan. Additionally, it guarantees that the organization's stakeholders and employers work together to achieve a common objective. They determine the future course of the business as well. Another key objective of the strategy is to provide businesses an advantage over rival businesses. These strategies are therefore centered on the goals and missions of the organization after carefully assessing the company's internal strengths and weaknesses and recognizing opportunities and hazards in the external environment.
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True or false: the interval measure indicates how long a start-up company can operate until it needs more financing.
Answer: True
Explanation:
The interval measure indicates how long a start-up company can operate until it needs more financing.
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?
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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A human capital investment analysis can identify which employees need what kinds of training?
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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True or false: stakeholders are individuals or companies that legally own a portion of the company and are not influenced by the actions of of that company.
It is a false statement that the stakeholders are individuals or companies that legally own a portion of the company and are not influenced by the actions of of that company.
Who are stakeholders?These are investors that has a vested interest in a company and can either affect or be affected by a business' operations and performance. Some examples of a stakeholders includes investors, employees, customers, suppliers, communities, governments, trade associations etc.
However, It is a false statement that the stakeholders are individuals or companies that legally own a portion of the company and are not influenced by the actions of of that company.
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Astore sold 14 more colored shirtsthan white shirts. the white shirtscost$9.95 and colors cost $10.50. if atotal of $310.60 weresold, how many of each type were sold?
Chance theory is the branch of mathematics that deals with numerical representations of the probability that an event will happen or that a statement is true.
What is probability ?The area of mathematics known as probability deals with numerical descriptions of how likely it is for an event to happen or for a claim to be true. The probability of an event is a number between 0 and 1, where, generally speaking, 0 indicates the event's impossibility and 1 indicates its certainty.
The likelihood of an event happening is gauged by probability. Many things are impossible to completely predict in advance. Using it, we can only forecast the probability, or likelihood, of an event occurring.
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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.
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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A title acquired from someone who already owns the goods free and clear is known as a ________.
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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Determining which tasks must be performed to attain organizational goals is part of which management function?
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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A country with a trade surplus generally has a favorable balance of payments, which means?
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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If dallas company billed a client for $16,000 of consulting work completed, the accounts receivable asset increases by $16,000 and:_____.
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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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?
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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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:__________
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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If a company fails to make an adjusting entry to record accrued expenses, the liabilities and net income will be overstated.
true/ false
'If a company fails to make an adjusting entry to record accrued expenses, the liabilities and net income will be overstated.
This statement is True.
In financial accounting, a liability is defined as a future waiver of economic benefits that a firm needs to provide to another firm as a result of past transactions or other past events.
Responsibilities can be defined in several ways. However, in actuarial calculations, liability term generally refers to the average (or mean) useful life of the liability. In other words, it refers to the average number of years it takes to pay off the debt.
Companies with liquidity problems can use debt to improve their liquidity. Most small businesses don't have enough cash to grow their business.
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The _____________ section of the purchase agreement you reviewed is not for the buyer to fill out. it is where the seller indicates whether the offer is accepted or countered.
The conditions section of the purchase agreement you reviewed is not for the buyer to fill out. It is where the seller indicates whether the offer is accepted or countered.
What is a Purchase Agreement?
An official contract between a buyer and a seller is known as a purchase agreement. It is a written statement of the terms and conditions of a transaction. When the buyer or seller requires assurance that both parties will uphold the agreed-upon terms, purchase agreements are frequently used for expensive goods or special orders.
Purchase agreements can take many different forms. Almost any form of an asset can be bought or sold using them. However, huge transactions that go beyond the realm of typical companies are where they are most frequently used.
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Rent-seeking behavior refers to activities designed to transfer income or wealth to a particular firm or resource supplier at someone else's or society's expense.
a. true
b. false
It is true that rent-seeking behavior refers to activities designed to transfer income or wealth to a particular firm or resource supplier at someone else's or society's expense.
What is Rent-Seeking?Rent-seeking is the activity of gaining financial benefits and boosting earnings using deceptive ways while failing to contribute to a productive improvement of the economy. Manipulating governmental policy, such as social service initiatives and publicly sponsored social services, is a part of rent-seeking.
Rent is described in economics as wealth acquired through dubious, frequently deceitful techniques. Utilizing resources in a deceptive manner, businesses and people fail to increase the productivity of the economy in order to get economic advantages.
Rent-seeking occurs when a person or business pushes another organization, such as the government, for grants, subsidies, or tariff protection. In addition to lobbying, rent-seeking can also take the form of money donations. Rent-seeking can occur when a person or business gives money and then deducts it from their taxes.
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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
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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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 ________.
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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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?
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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The demand for funds resulting from business investment in short-term assets is ____ related to the number of projects implemented, and is therefore ____ related to the interest rate
The amount of projects that are implemented and the interest rate have an inverse relationship with the amount of money that businesses need to finance short-term investments.
Marketable securities, commonly referred to as temporary investments or short-term investments, are financial investments that can be quickly converted to cash, usually within five years. After only three to twelve months, many short-term investments are sold or turned into cash. CDs, money market accounts, high-yield savings accounts, government bonds, and Treasury bills are a few typical examples of short-term investments.
These investments often consist of high-quality, extremely liquid assets or investment vehicles. Short-term investments can also specifically refer to financial assets owned by a corporation that are of a similar nature but with a few extra criteria.
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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 ________.
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 sales department needs to rely on information from operations to understand __
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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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?
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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In online reverse auctions, ______ are competing for the business of the ______ by offering their products or services at ______ prices.
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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Understanding that arab businessmen tend to stand face-to-face when holding a conversation reveals the importance of understanding another culture's use of:_______.
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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Initially you are going to work with a buyer as a transaction broker. before showing property you will provide the buyer with a:____.
Initially you are going to work with a buyer as a transaction broker, before showing property you will provide the buyer with a prospectus.
Prospectus is a legal document in which all the details are described about the organisation or the workplace associated. A transaction broker would keep all the details regarding the things he she is dealing with the third party organisation.
A proforma is been provided to the third party to assist in the relativeness, place and the amount which is to be considered while negotiating property.
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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
Answer:
wow i totally need this
Explanation:
According to the growth-share matrix, __________ are high-share, high-growth products. when the market growth slows these products become __________.
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.To Learn more about Growth Share Matrix, Click the links.
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The problem of bankruptcy is associated with misuse of credit in the ______________ component of financial planning.
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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Application of the cost-benefit principle would lead one to purchase a _______ computer because _______ .
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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