The budget of Chelsea clinic's on 2021 is written below.
Budget:
In accounting, budget have expected revenue and expenses and the budget variance is the difference between what was budgeted and the actual revenue or expenses. It can be either positive or negative.
Given,
Here we need construct Chelsea clinic's operating budget for 2021, including projections for volume, revenues, costs.
Here let us consider the following sample refers the budget of Chelsea clinic budget for 2021,
Total Visit Volume 80,000 visits
Reimbursement Rates:
Blue Cross $85 per visit
Highmark 25 per visit
Resource Inputs Prices:
Labor $25 per hour
Supplies $1.25 per unit
Revenue $5.50 per hour
Fixed Costs (overhead, plant, and equipment) $800,000
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question content areaif the price paid per unit differs from the standard price per unit for direct materials, the variance is a a.volume variance b.variable variance c.price variance d.controllable variance
c. price variation is the correct response.
In order to check for unfavorable variances in resources like direct materials, direct labor, and manufacturing overhead, variance analysis is typically carried out in the context of accounting.
Price variance and quantity variance are the two components that can be used to break down a resource's cost variance.
A trader's view of price variation is the difference between a desired or expected price and an order's actual execution price.The difference between the trader's anticipated price and the actual price at which they were filled is known as price variation and is caused by changes in the underlying market.prices.
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which is an essential part of cultural learning that can contribute to productive international business relationships?
Culture influences how nearby qualities impact worldwide business morals. Cultures vary in how much weight they give to particular ethical behaviors.
A person's perception of an issue and the appropriate or inappropriate behavior associated with it are influenced by collective cultural factors.
What role does ethics play in international business?
In international business, ethics aim to establish a company's reputation for ethical and responsible business practices both domestically and internationally. The outcome is a more impartial, principled commercial center, fortified by organizations between organizations that share high moral norms.
In international business, what are the nature of ethics and social responsibility?
based on social and moral standards:Moral and social standards are the foundation of business ethics.It contains business-related moral and social guidelines (rules).This encompasses self-control, consumer protection and welfare, social service, equitable treatment of social groups, and non-exploitation of others, among other things.
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FILL IN THE BLANK. Advertising is used mostly by ______. A) governments. B) business firms. C) social agencies. D) independent professionals. E) not-for-profit organizations.
Advertising is used mostly by business firms. The process and methods used in advertising are intended to draw attention to a good or service.
The process and methods used in advertising are intended to draw firms attention to a good or service. With the help of advertising, businesses strive to draw consumers' attention to their goods and services. Although there are many purposes, the commercial advertisement is the most Advertising frequent. It is typically used to promote a certain commodity or service.
Through "branding," in which consumers link a product name or image with specific traits, commercial advertising frequently aim to boost Advertising consumption of their goods or services. Direct-response firms advertising, on the other hand, refers to advertisements that are meant to prompt a quick purchase. Political parties, interest groups, religious Advertising institutions, and governmental organizations are examples of non-commercial bodies that promote their products or services more than those of commercial companies.
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what should the recommendations section include? definitions of key terms who commissioned the report precise suggestions for actions to solve the report problem
Recommendations section include suggestions for actions.
Option C is correct .
What should your recommendations include?Your letter of recommendation should include information about who you are, your connection to the person you are recommending, why they are qualified, and their specific skills. Whenever possible, it helps to provide specific anecdotes or examples that illustrate your support.
What is the purpose of the Featured section?Recommendation reports are created to suggest or recommend available options to solve a problem or meet a need. The purpose of the report is to compare options, recommend options, and support those recommendations.
What's not included in the recommendations?Successful letters should be avoided: General language or overly broad descriptions of student performance in the classroom. Focus on the student's punctuality or ability to complete reading.
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advantage of enormous growth rates in wealthy, older customer segments. in this scenario, the firm is considering engaging in . clara leather company is considering launching an expensive, high-end line of luxury leather luggage to take advantage of enormous growth rates in wealthy, older customer segments. in this scenario, the firm is considering engaging in . product line stretching brand sponsorship product line filling psychographic segmentation micromarketing
Product line stretching brand sponsorship product line filling psychographic segmentation micromarketing.
Line filling is when you upload extra product items to the prevailing products to make the most of the marketplace gaps and decrease the competition. It could imply supplying unique colorations and designs of the identical product.
Line stretching selection is when you increase the whole range of products with the prevailing product variety.
The organization can increase its product line through down-market stretch, up-marketplace stretch, or both methods.
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In an attempt to reach an all-time record for its premier, ads for the highly anticipated Avengers: Endgame are run on all the major networks and cable stations across the country from 8:00 p.m. to 10:00 p.m., or during time. Multiple Choice early fringe O late fringe post-prime O О peripheral O prime
Based on the contextual situation, the cable stations across the country from 8:00 p.m. to 10:00 p.m., or during Late-fringe time.
At the same time as radio and television fluctuate, the morning daypart, or morning power for radio, is morning up till 9:00 or 10:00 a.m. daytime is nine:00 or 10:00 a.m. until three:00 or 4:00 p.m. Afternoon, or early fringe for tv, is after daytime up until 7:00 p.m. Primetime is 7:00 till eleven:00 p.m. overdue night time is from 11:00 p.m, Fringe time is widely utilized in tv to indicate the evening tv hours that precede and comply with the top time.[1][2] The television hours that precede the high time is called early fringe, which is normally between 4 p.m. to 7:30 p.m. overdue fringe is the tv hours that follow the prime time, that's commonly between 11 p.m. to at least one a.m.
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8. borrow $500.00 jamul, amir and sue each want to purchase a game player that costs $500 and finance it with credit. using the information below, how much would the game player cost including finance charges? directions: using the total amount spent, subtract the amount of the loan and that is the cost of credit
It's true that Amir paid the most—$280.
In fact, Jamul's $100 was the lowest paying.
The total amount you will pay less the original mortgage value is the cost of credit. Interest and any other fees or charges are included in the difference between the two. Less interest will accrue on your mortgage the faster and earlier you pay it off.
The workings described and allocated to interest in the image are perfectly estimated.
Amir of the three loans has paid the maximum interest ($280) to borrow the $500, while Jamul has paid the least interest ($100).
True, Amir paid the most at $280.
Jamul's $100 did indeed pay the least.
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Suppose a Keynesian economist recommends a combination of tax increases and spending cuts. This recommednation is most likley an attempt to address high _____.
inflation
Suppose a Keynesian economist recommends a combination of tax increases and spending cuts. This recommendation is most likley an attempt to address high inflation.
How do you explain high inflation ?Accordingly, high inflation is characterised by extremely high costs for commodities and items. As a result, consumers may buy things for less money. Although a little inflation might be beneficial, depending on the situation, it can also harm people's money.The anticipation that inflation could begin to drop is now beginning to materialise. According to the Labor Department, the consumer price index (CPI) for October increased 7.7% over the previous 12 months, which is 0.5% less than the number for September.To return price growth to normal, there is still a long way to go. The CPI increased 0.4% month over month in October, matching the monthly increase from September.Your purchasing power is negatively impacted by inflation, which is its most obvious effect. Your standard of living will ultimately decline if you are unable to purchase as many products and services as you were able to before inflation.Learn more about high inflation refer to :
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8. using the taylor rule the taylor rule specifies how policymakers should set the federal funds rate target. suppose that u.s. real gdp falls 3% below potential gdp, all else constant. according to the taylor rule, the fed shouldraise the federal funds rate target by1.25% . suppose instead that the u.s. inflation rate falls by 3%, all else constant. according to the taylor rule, the fed should the federal funds rate target by .
The "Taylor principle," which states that policymakers must eventually raise the real interest rate in response to inflationary increases in order to maintain inflation stability, has been underlined by Taylor and others.
What is the Taylor rule Fed ?The word Zt, as defined under the ELB-adjusted rule, is the total of prior instances in which the federal funds rate deviated from the balanced-approach rule's recommendations for placing the rate below zero.The Federal Open Market Committee of the Federal Reserve is responsible for setting interest rates, and the Taylor rule is a straightforward equation that can be thought of as a rule of thumb (FOMC).The Taylor Rule states that the target federal funds rate is equal to 2% plus current inflation, 0.5 (current inflation less inflation target), and 0.5 (current output less potential output). This results in 2% plus 3% plus 0.5 1% plus 0.5 0 or 5.5%.To learn more about Taylor principle refer
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Entry, Exit, and Long Run Profitability — End of Chapter Problem For each market, determine whether each market is likely to have sufficient barriers to entry to allow individual firms to make positive economic profits in the long run. Classify each market as possessing sufficient barriers to entry or not possessing sufficient barriers to entry. Sufficient barriers to entry No significant barriers to entry Answer Bank the market for lawn-care servicesthe market for wireless telecommunications (such as mobile phone service) the market for sport-utility vehicles the market for aspirin
The markets that possess sufficient barriers to entry or don't possess sufficient barriers to entry are:
Possess sufficient barriers to entry:
the market for wireless telecommunications (such as mobile phone service) the market for sport-utility vehiclesPossess no significant barriers to entry:
the market for lawn-care servicesthe market for aspirinWhich markets have sufficient barriers to entry?A prime example of a market that has sufficient barriers to entry is the wireless telecommunication market. This is because setting up the network towers and other equipment needed to operate telecommunication networks is quite expensive. That money is therefore a barrier to entry.
The same applies to the market for Sport - Utility Vehicles, which can be expensive to produce. The companies the market already have strong brand recognition as well.
A market with non significant barriers to entry is the market for lawn -care services because it does not require much skill or specialized equipment.
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diehl corporation uses an activity-based costing system with three activity cost pools. the company has provided the following data concerning its costs and its activity based costing system:
A costing system is created to keep track of a company's expenses.
What are the Types of Costing Systems?Costing systems generally fall into two categories. A company can gather information based on either one or use a hybrid strategy that combines different systems to best suit its needs. Below is a list of the main costing systems.Costing System for Jobs : Costs for one unit or job, including materials, labor, and overhead, are totaled. For special products like machine designs or consulting projects, this strategy works best. It takes a lot of time and effort to complete the cost accumulation process.Process Costing System : Materials, labor, and overhead costs for the entire production process are added up before costs are assigned to particular production units. This approach works well when producing large numbers of identical goods, such as a run of 100,000 cell phones. The method of cost accumulation is very efficient, and some of it might be automated.Activity-Based Costing : Activity-based costing is another option for a costing system. As a result of concerns that overhead costs are rarely allocated properly, ABC was created. It involves a finer degree of differentiation in deciding how overhead costs are assigned to various cost pools, and how the costs in those pools are then allocated to cost objects. An ABC system can be challenging to set up and manage, so it functions best when created for very specific cost allocation projects with well-defined boundaries.To Learn more About costing system refer to:
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What is discretionary cash flow?.
Discretionary cash flow is the money residue once all capital projects have been capitalized and required payments such as wages have been made.
Discretionary cash flow can be utilized to pay cash dividends, supply bonuses to employees, buy back common stock, and pay down charges. Discretionary cash flow is the money that is produced from the core operations of a company less capital spending and dividends paid. Seller's discretionary earnings is a cash-flow-based quantification of business earnings in an owner-operated business. It consists of the profit before tax and interest of a business ahead of the owner's benefits, non-cash expenses, one-time investments, and other unrelated business income and expenses.
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on november 1, bahama cruise lines borrows $5 million and issues a six-month, 6% note payable. interest is payable at maturity.
Issuance of Note Debit: Cash 5,000,000 Credit: Notes Payable 5,000,000.
Interest adjustment 5,000,000 X 2/12 X 0.09% = 52,500.
Debit: Interest Exp 52,500 Credit: Interest Exp 52,500.
Rate Reset means the aggregate amount of all unpaid interest as of the close of business on the Closing Date that is not past due under the terms of the Loan Documents relating to the Loan (Loans relating to REO Properties except for). is not a rate reset).
An interest rate adjustment is simply the amount of interest accrued from the mortgage closing date to the first mortgage payment date.
To determine the interest rate adjustment, first calculate the interest accrued each year: Mortgage (not purchase price) X Mortgage interest rate. Then divide the amount of interest you pay each day by 365.
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xiaomi inc. tries to determine their cost of capital. the long-term debt it has is a 15-year bond, 12% coupon, $1,000 par value, selling at $1,060. they have $24,500 in debt and $45,500 equity. tax rate is 21%. they have beta of 1.08, risk free rate is 2.5%, market return is 13.14%.
Xaomin Inc. tries to determine its cost of capital. Xiaomin'sost of capital is 12.19%.
Given Xaomin Inc.'s bond,
Year to maturity = 15 year
Coupon rate = 12%
Face value = $1000
Coupon = 12% of 1000 = $120
Price of the bond = $1060
Therefore, enter the following variables into a financial calculator to get the bond's YTM:
FV = 1000
PV = -1060
PMT = 120
N = 15
Compute for I/Y, we get I/Y = 11.16
Consequently, the bond's yield to maturity = 11.16%
The YTM of a company's bond is equivalent to the bond's cost of debt.
Cost of debt of the company Kd = 11.16%
cost of equity Ke = 14%
Total debt of company = $24500
Total equity of company = $45500
Weight of debt = Debt/(debt + equity)
= 24500/(24500 + 45500)
= 0.35
Similarly, weight of equity = equity/(debt + equity)
= 45500/(24500 + 45500)
= 0.65
So, WACC of Xaomin Inc is
WACC = Wd × Kd × (1 - T) + We × Ke
= 0.35 × 11.16 × (1 - 0.21) + 0.65 × 14
= 12.19%
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which of the following characteristics are qualitative? (select all that apply.) multiple select question. employee satisfaction customer satisfaction appearance allocated overhead cost indirect labor cost net income
The characteristics that are qualitative are:
appearancecustomer satisfactionemployee satisfactionWhat is Employee Satisfaction?Employee satisfaction refers to whether or not workers are content and are getting the things they want and need from their jobs. The most important aspect of employee happiness is that happy workers must perform their duties and contribute in the ways that the employer requires.
The Human Capital sector uses the broader phrase "employee contentment" to refer to how pleased or satisfied employees are with things like their jobs, their working environments, and the companies they work for. Many firms use frequent surveys to measure employee satisfaction and track satisfaction patterns over time because it's one of the main metrics that can assist gauge an organization's overall health.
In conclusion, high level of satisfaction indicates that workers are satisfied with how
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the libracompany is considering four projects: a, b, c, and d. their correlation coefficients with existing projects are 0.6, 0.3, 0.1, and -0.2 respectively. which of these projects offers the most diversification potential to the libra company?
Project d of these projects offers the most diversification potential to the libra company.
What is meant by Pros and Cons of Diversification ?Diversification is mostly used to reduce risk. You are less likely to face market shocks that equally affect all of your investments by diversifying your investments among several asset classes, industries, or maturities.There are further advantages as well. Diversification may inspire investors to explore new, interesting assets, which some investors may feel makes investing more enjoyable. The likelihood of receiving good news may also rise as a result of diversification.One of the biggest advantages of diversification for you as an investor is that it may actually increase your prospective profits and stabilise your outcomes. You lower the total risk of your portfolio by owning a variety of assets with diverse performance so that no one investment may really harm you.Learn more about Diversification refer to :
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How do consumers benefit from exports?.
Trade fosters economic expansion, productivity, technical advancement, and—most importantly—the welfare of consumers. Trade especially helps middle- and lower-income households by bringing down prices and expanding the product variety available to consumers.
What is Consumers Benefit?All advanced economies engage in significant levels of international trade, which has significant positive effects on their societies. These fundamental truths must be kept in mind when discussing specific trade agreements.The United States ranks first in terms of exports and second in terms of imports among all nations. International trade has increased the annual household income of the typical American by at least $10,000 over the past 50 years. The United States trades abroad much less than its competitors, however, in comparison to the size of the domestic economy. At 16.5 percent, the United States has the lowest import-to-GDP ratio in the OECD. Among the 34 OECD members, imports account for more than 25% of national output in 75% of the countries.Enhancing consumer welfare and economic efficiency are two ways that U.S. trade policy should serve the general public.The benefits of international trade, which are long-lasting and cumulative, should be very carefully guarded, and policymakers should focus their intervention only on the transient costs of adjustment. Decision-makers need to keep in mind that putting off trade liberalization has costs. Protected industries frequently lose technological edge and become inefficient, and economies with lower levels of trade experience slower growth.The ability to freely purchase and dispense goods and services in our market economy should be acknowledged by policymakers as a fundamental right. As long as trade is voluntary and in the interests of the consumer, it should be their right to purchase the goods and services they prefer. This is especially true if the trade's products are legal. Contrarian arguments should be analyzed critically when used to further specific objectives.To Learn more About Trade fosters refer to:
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johnson marine has the following costs and expected sales for the coming year. johnson is considering a number of different methods to determine the price of its product.
Full Manufacturing Cost/(1-GM %)
Determine Full Manufacturing
= Variable Manufacturing + Fix OH + Batch Level
= 2,350,000+1,200,000+200,000
Full Manufacturing Cost/(1-GM %) / Units
3750000/(1-50%)/20,000 = 375.000
The above question is incomplete. The complete question is:
Johnson Marine has the following costs and expected sales for the coming year. Johnson is considering a number of different methods to determine the price of its product.
Variable Manufacturing 2,350,000
Variable Selling & Administrative 750,000
Plant-level Fixed OH 1,200,000
Fixed Selling & Administrative 600,000
Batch-level Fixed OH 200,000
Total Investment 10,000,000
Expected Sales (units) 20,000
If Johnson determines price using a desired gross margin percentage of 50%, the price is:
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If your cost in manufacturing a shipment of clocks consists of a setup expense of $225 plus $11 per clock, and you want your break-even point for a particular shipment to be no greater than 25 clocks, then what is the minimum price that you can charge per clock? a. $20 c. $11 b. $500 d. $225
The minimum price that can be charged for each clock is $20. Hence, option A is correct.
What is the meaning of the term “price”?The sum of money paid or the amount of compensation offered by one party to another in exchange for products or services is known as a price. 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".
A shipment has:
Fixed Cost = [tex]225[/tex] (one time)
Variable Cost = [tex]11[/tex] per clock
If there are x clocks in a shipment, total cost would be:
[tex]Total Cost = Fixed + Variable\\Total Cost = 225 + 11x[/tex]
If there are [tex]25[/tex] clocks in a shipment [tex](x = 25)[/tex], the total cost would be:
[tex]Total Cost = 225 + 11(25) = $500[/tex]
To break even, one must raise $[tex]500[/tex] from the [tex]25[/tex] clocks, so how much would one need to charge??
[tex]500/25 = $20 per clock[/tex]
Therefore, Option A is correct.
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As illustrated in the opening case for Chapter t0, Boeing lost a lot of control and, therefore, incurred high operating costs for its build out of the 787 Dreamliner because it design and manufacturing Multiple Choice internalized outsourced internationalized
Based on the opening case, Boeing lost a lot of control and incurred much higher operating costs for manufacturing the 787 Dreamliner because it outsourced its designa dn manufacturing to its subcontractors.
Outsourcing is a business strategy of hiring a party outside a company to perform a service or create products supposedly done traditionally in-house by the company's own employees. Outsourcing allows a company to cost-cutting measure and transfered out some of production risks to its subcontractors.
Outsourcing allows a company to cut labor costs, overhead, equipment expenses, and technology investment. A company may outsourced some non-core and less critical oeprations to its subcontractors and handle the core and most critical works in-house.
However, outsourcing has some issues, especially related to the communication and control process between a company and its subcontractors. And these issues are also faced by Boeing in this case.
For its 787 Dreamliner production process, Boeing outsourced many of its airplane's spareparts and components to many subcontractors. Boeing also give them authority to design and manufacture the spareparts and components. Boeing also everly extended its outsourcing structure, allowing its subcontractors to re-outsourced their work again to another sub-subcontractors.
This too-widen outsourcing structure makes it difficult for Boeing to completely control and coordination with all tiers of its subcontractors. Boeing only able to control at most its first tier subcontractors and let them take control of their own sub-subcontractors.
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A certain company's main source of income is a mobile app. The function hhh models the company's annual profit (in millions of dollars) as a function of the price they charge for the app (in dollars).
The app price that will result in $0 annual profit if A certain companies main source of income is a mobile app. The companies annual profit (in millions of dollars) as a function of the app’s price (in dollars) is modeled by P(x)=-2(x-3)(x-11) is at $3 and $11
the app price that will result in $0 annual profit can be calculate as follows:
x is the app price
P(x) is the profit earned
If we want to find out the app price that will result in $0 annual profit? It means we need to set the function:
P(x)=-2(x-3)(x-11) = 0
<=> (x-3)(x-11)= 0
<=> x - 3 = 0 or x - 11=0
<=> x = 3 or x = 11
So at price 3 and 11, the profit will be $0
your question is incomplete but most probably your full question was
A certain companies main source of income is a mobile app. The companies annual profit (in millions of dollars) as a function of the app’s price (in dollars) is modeled by P(x)=-2(x-3)(x-11) which app prices will result in $0 annual profit?
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What are the revenue projections for experiential industry player quintevents expected to be by 2024?.
Prior to a pandemic in 2019, Quint had a yearly income of above $75 million. This year, it has brought in more over $200 million. By 2024, Quint projects revenues of more than $400 million.
The definition of revenue:Revenue is the entire amount of money received first from sale of goods or services related to a company's main operations. Revenue, sometimes known as total revenues, is frequently referred to as the "top line" because that appears just at top of both the statement.
An example of revenue:The word income is commonly used in place of revenues. Instances of revenue accounts include sales, industry revenues, collected fees, interest revenues, and interest income. Because credit balances are added to revenue accounts when services are performed and billed, they frequently have credit balances.
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Disclosures under the _________________ are required when the seller is extending credit to the buyer or anyone other than the buyer or seller is paid in any way to arrange financing.
Seller Financing Disclosure Law
Disclosures under the seller are required when the seller is extending credit to the buyer or anyone other than the buyer or seller is paid in any way to arrange financing.
A Closing Disclosure would be a five-page document that contains final information on the mortgage loan you've chosen. It comprises the terms of the loan, including expected monthly payments, as well as the fees and additional costs associated with obtaining such a mortgage
It contains this very same information as even the Loan Estimate but in a more complete form. This means it includes the loan's fixed expenses as well as the amount you'll really have to pay after closing.
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Which pricing approach for a restaurant would have the greatest risk of adverse selection due to buyers having private information?.
The all-you-can-eat buffet in a restaurant with a set price would pose the biggest threat to the pricing strategy because of the purchasers' sensitive personal data.
The right pricing strategy is essential if you want to stay competitive in markets where volume and price pressure are increasing. It ensures that you receive the payment you are entitled to for the goods and services you render as well as the earnings you need to invest in growth and change.
There are many various pricing tactics, but four are frequently employed by small company owners: competitive pricing, cost-plus pricing, markup pricing, and demand pricing.
The good-better-best price structure, often known as a tiered pricing strategy, can be used by a business to increase sales. When a business provides three distinct product or service bundles, it is effective.
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Place the steps of product development in the correct order. (NOTE: The first step in the process should be at the top of your list, the last step should be at the bottom of your list)Idea development
New idea screening
Business analysis
Product development
Test marketing
Commercialization
Idea development ,New idea screening,Business analysis , Product, development, Test marketing,Commercialization the steps of product development in the correct order.
What are the 7 steps in the development of a product?Though it varies depending on the business, the product development process can be roughly divided into seven stages: ideation, research, planning, prototype, sourcing, costing, and commercialization.The idea creation, screening, concept development, product development, and commercialization phases make up the new product development process for small enterprises.The six-step method for developing a new product. The process of bringing a brand-new product concept to market is known as new product development. It can be roughly divided into six stages: ideation, research, planning, prototype, sourcing, and costing, however this can vary by industry.To learn more about product development refer to:
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TRUE/FALSE. with all other factors being equal, hybrid bermudagrass has a greater need for fertilizer than centipedgrass.
It is "true" that, all other things considered, hybrid bermuda grass requires more fertilizer than centiped grass.
Explain about the hybrid bermuda grass?Hybrid Bermuda grasses, as its name implies, are created by crossing regular Bermuda grass with another variety of grass.
This is done to provide the resulting hybrid grass particular desired characteristics, such as disease and pest resistance, color, compact growth, shadow tolerance, etc.Most hybrid bermudagrass cultivars feature one or more advantageous traits, such as improved color, cold resistance, close mowing resistance, etc. Common hybrid bermudagrass cultivars, on the other hand, have the capacity to produce pollen and seed, which, over time, might result in turf with a mosaic pattern.Due to its sterility and inability to generate viable seed, hybrid bermudagrass must be vegetative reproduction propagated and is typically seeded using "sprigs."Thus, it is correctly said that, all other things considered, hybrid bermudagrass requires more fertilizer than centipedgrass.
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the wall street journal reported that the age at first startup for 95% of entrepreneurs was 29 years of age or less and the age at first startup for 5% of entrepreneurs was 30 years of age or more. (a) suppose a sample of 200 entrepreneurs will be taken to learn about the most important qualities of entrepreneurs. calculate the sampling error of p where p is the sample proportion of entrepreneurs whose first startup was at 29 years of age or less. if required, round your answers to four decimal places. np
The Wall Street Journal reported that the age of first start-up for 95% of entrepreneurs was 29 or younger and the age of first start-up for 5% reported that the age of first start-up for 95% of the entrepreneurs were 29 years or younger and the age of first start-up for 5% of the entrepreneurs was 30 years.
Suppose a sample of 200 entrepreneurs is to be taken to find out the most important qualities of entrepreneurs. Show the sampling distribution of p. By integrating administrative data on businesses, workers, and owners, we systematically study startups across the US and find that they are successful entrepreneurs. Citibank worked with a team of entrepreneurs just like you to develop, write, and produce this series. We all know how important it is to be clear and concise. Some evidence also points to the importance of age, rather than size, on the job…over five years and only a fraction become high-growth companies. employees work for entrepreneurs who believe their old ideas are 3 times more likely to build a successful startup than a 30-year-old entrepreneur. An entrepreneur is a person who creates and/or invests in one or more businesses, assuming most of the risks and enjoying the rewards. Qualities and attributes that successful entrepreneurs often possess. Two key traits of all successful entrepreneurs are their focus and determination. His success has come as a result of solving problems and making the world.
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an individual owns a corner lot. this person must decide which of two alternatives to select in trying to obtain a desirable return on investment. after much study, the two alternatives are:
In finance and economics, a monetary indicator of profitability is known as the internal rate of return. Before devoting time and resources to a project, businesses frequently calculate the projected IRR. IRR, to put it simply, is the projected annual return on a project with a zero net present value.
What is internal rate of return?A formula for calculating the rate of return on an investment is known as the internal rate of return (IRR). The formula is "internal" because it does not account for external factors like the risk-free rate, inflation, the cost of capital, or financial risk. Applications of the method can be either ex-post or ex-ante. When employed ex-ante, the IRR is a forecast of a prospective future annual rate of return. When used ex post, it assesses the actual investment return of a prior investment. Sometimes assumptions are used in IRR estimates that don't always hold true for the investment. The negative assumption made by IRR in particular is that there won't be any intermediate cash flows or that those that do exist will be reinvested in the project.
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a. the difference between the mpc and the apc is that multiple choice 1 the mpc is total income divided by total consumption, whereas the apc is the change in income divided by the change in consumption. the mpc is total consumption divided by total income, whereas the apc is the change in consumption divided by the change in income. the mpc is the change in consumption divided by the change in income, whereas the apc is total consumption divided by total income. the mpc is the change in income divided by the change in consumption, whereas the apc is total income divided by total consumption. b. the sum of the mpc and the mps must equal 1 because multiple choice 2 when the mpc and the mps equal 1, the economy is in equilibrium. total income must be spent or saved. all additional income must be spent or saved. these values are determined by macroeconomic policy makers.
In contrast to the APC, which is calculated as total consumption divided by total income, change in consumption divided by change in income. Every extra dollar must be spent or saved.
What is the definition of "income"?The term "income" is typically used to refer to the total sum of cash, assets, or other value transfers received over a predefined timeframe in exchange for goods or services. There is no single, agreed-upon definition of income; rather, it is defined according to the context it's used in.
What kind of revenue is that?Wages, interest, dividends, or profits are typical forms of disposable income. The phrase "discretionary income" refers to earnings from sources other than a person's normal paycheck, such as stock dividends, investments, or side occupations.
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merchant company purchased land for a building site. the costs associated with the property were: purchase price $ 186,000 real estate commissions 16,100 legal fees 1,900 expenses of clearing the land 3,100 what is the total recorded cost of the land?
The total recorded cost of the land is $ 207,100.
What does the term Land acquisation mean?
The ability of the government to seize private property for public use while compensating the original owners and other parties impacted by the acquisition is known as land acquisition.
The contract price, commissions, options, legal fees, title searches, insurance premiums, and unpaid taxes are all included in the recorded cost of land. Additionally, there are costs associated with conducting surveys and preparing the land for its intended use, such as clearing and grading.
The informations given in the question are-
Purchase price of the land = $ 186,000
Real estate commissions = 16,100
Legal fees = 1,900
Expenses of clearing the land = 3,100
The total recorded cost of the land = $ (186,000 + 16,100 + 1,900 + 3,100)
= $ 207,100
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