The most crucial traits of blue ocean strategy is a brand new way of fixing users' pains, this is known as value innovation. but, blue ocean answers aren't usually a hit.
Strategic profile Cutthroat opposition turns the ocean bloody crimson. for this reason, the time period 'pink' oceans. Blue oceans denote all of the industries now not in existence nowadays – the unknown market area, unexplored and untainted with the aid of competition. just like the 'blue' ocean, it's miles sizable, deep and effective – in terms of possibility and worthwhile growth.
For this blue ocean strategy the key dreams are to conquer the competition and make the most present call for. “the key desires of the red ocean approach are to beat the opposition and take advantage of present demand. One enterprise in which a purple ocean strategy might be important is the smooth drink enterprise.
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what criteria would a private, nonprofit university follow in determining whether to recognize donated services revenue? select one: a. the services require specialized skills possessed by the donor b. the services would be purchased otherwise c. both a and b d. neither a nor b
The criteria would a private, nonprofit university follow in determining whether to recognize donated services revenue both a and b.
What is revenue?
Revenue is the cash that a firm generates via its operations. Depending on the accounting technique used, there are several ways to compute revenue. Sales made on credit will be included as revenue for products or services provided to the client under accrual accounting. Revenue may be recognized in accordance with certain standards even though payment has not yet been made.
The cash flow statement must be examined in order to determine how well a business collects debts. Contrarily, cash accounting only counts sales as income when money has been exchanged. A "receipt" is a payment made to a business; receipts can exist without income.
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think about all the restaurants that are located near your campus. you have probably noted some new ones appearing, and others closing because of lack of business. what type of competition exists in the restaurant business?
You have probably noticed some closing due to poor business and some new ones appearing. There is monopolistic competition in the restaurant industry.
Monopolistic competition: what is it?When a large number of businesses provide rival goods or services that are comparable but imperfect alternatives, monopolistic competition exists. A monopoly market industry has minimal entry requirements, and decisions made by any individual firm do not immediately affect those of its rivals.
What does "monopolistic competition" mean exactly?Monopolistic competitive market markets are so-called because, despite some degree of competition among businesses for the same clientele, each business's offering is marginally distinct from that of the others, giving each business a kind of mini-monopoly.
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a company provided the following data: sales, $700,000; beginning inventory, $60,000; ending inventory, $65,000; and gross profit, $330,000. what was the amount of inventory purchased during the year?
The amount of inventory that has been purchased during the whole year is $375,000. Hence, Option A is correct.
The items and materials a company keeps on hand with the intention of reselling, producing, or using them are referred to as inventory or stock. Specifying the size, shape, and location of stocked commodities is the main focus of inventory management.
Inventory is the term used to describe all the products, materials, goods, and merchandise that a company has on hand and plans to sell to customers for a profit.
The only item that will be regarded as inventory is the newspaper if the vendor delivers newspapers to customers using a vehicle. The car will be handled like an asset.
There is a sale of $700,000, inventory at the beginning is $60,000, at the end of year, the inventory is $65,000. The gross profit is $330,000.
Inventory during whole year = Sales - Gross profit +Ending inventory - Opening inventory
= 700000-330000+65000-60000
= 370000+5000
= 375000
Therefore, Option A is correct.
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The complete question has been attached in text form:
A company provided the following data: sales, $700,000; beginning inventory, $60,000; ending inventory $65,000; and gross profit. $330,000. What was the amount of inventory purchased during the year? Multiple Choice
O $375,000
O $705,000
O $365,000
O $370,000
consider this frugal governed closed economy. suppose . suppose the government increases its spending (g) by $750. what effect would this have on the equilibrium level of aggregate output/income (y)?
(c)$469. consider this frugal governed closed economy. suppose . suppose the government increases its spending (g) by $750. (c)$469 effect would this have on the equilibrium level of aggregate output/income (y).
The height at which a rising parcel of air reaches the equilibrium level (EL), level of neutral buoyancy (LNB), or limit of convection (LOC), is defined in meteorology. Diagram comparing the course of an air parcel lifted along B-C-E to the temperature and humidity of the surrounding air mass (Tw) This indicates that when air reaches the equilibrium level and convection ceases, it is no longer unstable and is now stable. The thunderstorm updraft is finally stopped at this level, except in the case of overshooting tops, in which case it continues to rise to the maximum parcel level (MPL) due to momentum. This level is frequently close to the tropopause and can be identified as being close to where a thunderstorm's anvil is. more specifically
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QUESTION 10/15 What formula would produce the value in Cell C25? A B С 24 Item Type Result Door F 25 Door ד 26 Table 27 Chair ס ס ד 28 Desk Image not displaying? =CONCATENATE(ITEM," ",TYPE) =RIGHT(A25,825) =CONCATENATE(A25," ",B25) =LEFT(A25,B25) =CONCATENATE(A25,B25)
Note that this is a Microsoft Excel Question. The formula that would produce the value in Cell C25 is: =CONCATENATE(A25," ",B25) (Option C).
What does the Concatenate Function do?CONCATENATE means "to unite or merge." In Excel, the CONCATENATE function is used to merge text from many cells into a single cell.
In Excel, choose the cell where you wish to enter the formula. In that cell or in the formula bar, enter =CONCATENATE. Hold down the Ctrl key and click on each cell you wish to concatenate. Release the Ctrl key, then enter the closing parenthesis.
The CONCATENATE function combines text from many cells into a single cell. In our example, we can use it to combine the content from columns A and B to form a combined name in a new column. Before we begin coding the function, we must create a new column in our spreadsheet for this information.
Concatenation may be classified into two categories. They are as follows:
Concatenation with partitions.Concatenation of sequences.Learn more about Concatenate:
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firms may experience diseconomies of scale when a. they are too small to take advantage of specialization. b. there are too few employees, and managers do not have enough to do. c. average fixed costs begin to rise again. d. large management structures are bureaucratic and inefficient.
Firms may experience diseconomies of scale when large management structures are bureaucratic and inefficient.
Option D is correct.
Diseconomies of scale occur when a company or business becomes very large and the cost per unit increases. It happens when economies of scale stop working for a company.
Why do companies experience diseconomies of scale?Cause of diseconomies of scale. Disadvantages of scale can result from several factors, including broken communication, lack of motivation, lack of coordination, and loss of focus between management and employees. Diseconomies of scale occur when production is scaled past a point of efficiency and unit costs begin to rise instead of falling. In the case of diseconomies of scale, an increase in production has a negative impact as the marginal cost also increases.
Who is Experiencing Uneconomical Scales?In economics, the term diseconomies of scale describes the phenomenon that occurs when firms experience increasing marginal costs per additional unit of production. It's the opposite of economies of scale.
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Which of the following is not a suggestion that may help you be a good listener?
Select one:
A. show respect for the speaker; do not interrupt
B. mentally compose your response
C. ask good questions
D. use nonverbal cues to demonstrate interest and involvement
E. paraphrase and summarize remarks
You must pay attentive focus to the speaker, know what they're thinking, react to and reflect on what they're saying, and remember in order to practice active listening.
How would you define interest?Your interests and preferred subject areas for further study make up your hobbies. It keeps your attention and piques your curiosity when something is interesting: Not much fascinating talk took place.
What are interests and hobbies?There is a difference between these two words. These are not the same, despite their near resemblance. You have interests in ordinary activities, such as cooking. Your interests are the things you enjoy doing the most; they're more
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which of these is an effect rock and roll had on society in the united states in the 1950s?
It contributed to a cultural divide between generations. It was an effect rock and roll had on society in the United States in the 1950s.
What is cultural divide?
"A border in society that separates groups whose social economic structures, opportunities for success, conventions, and styles are so diverse that they have significantly different psychologies," according to the Oxford Dictionary, is referred to as a cultural split.
A cultural divide is a perceived barrier that prevents interactions and peaceful exchange between people of different cultures. It is the result of cultural differences. For instance, in East Asian cultures, avoiding eye contact with a superior indicates deference and respect, yet in Western cultures, it might be seen as suspicious conduct.
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manu-design is a mature manufacturing firm. the company just paid $18 dividend, but management expects to reduce the payout by 12% per year indefinitely. if you require a 19% return on this stock, what will you pay for a share today?
The price of stock today is $67.72
D0= $11.70= initial dividend
g=-4.5% since the management excepts to reduce the payout
r- 12%= rate of return on stock
P0=D1/ r-g
= D0 (1+g)/ (r-g)
= $11.70 × (1-4.5%)/12%+4.5%
= $11.1735/0.165
= $67.72
Thus, the price of the stock today is $67.72
Price of stock- A stock price is set for each share of a publicly traded company. The price reflects the company's value - what the general public is willing to pay for a stake in the company. It can and will rise and fall in response to a variety of external and internal factors in the global landscape.
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as inventory and ppe assets on the balance sheet are consumed, they are reflected: select one: a. as a revenue on the income statement b. as an expense on the income statement c. as a cash flow outflow on the statement of cash flows d. both b and c e. assets are never consumed.
As as inventory and PPE assets on the balance sheet are consumed, they are reflected an expense on the income statement.
What is inventory reported as on the balance sheet?
Both the raw materials used in production and the finished commodities that are offered for sale are included in the definition of inventory. One of a company's most valuable assets is its inventory since it is one of the main sources of revenue creation and, consequently, a source of profits for the company's shareholders. There are three different categories of inventory: completed commodities, work-in-progress, and raw materials. On the balance sheet of a corporation, it is listed as a current asset.
Inventory is a crucial asset for every business. It is described as the assortment of raw materials or completed products that a firm maintains throughout the usual course of operations.
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Under what conditions would an increase in demand lead to a lower long-run equilibrium price?
Multiple Choice
a.The firms in the market are part of a decreasing-cost industry.
b.Increases in demand cannot lead to lower long-run equilibrium prices.
c.Potential new firms in the market are not attracted by economic profits.
d.The firms in the market produce an inferior good.
The firms in the market produce an inferior good would an increase in demand lead to a lower long-run equilibrium price.
When supply and demand are balanced and the values of economic variables remain stable in the absence of external influences, this situation is referred to as an economic equilibrium. In the traditional text on perfect competition, equilibrium, for instance, occurs when the quantity demanded and the quantity provided are equal. The market is considered to be in equilibrium when a market price is established through competition and the amount of goods or services requested by buyers and the amount of goods or services delivered by sellers are equal. The price is commonly referred to as the competitive price or market clearing price, while the quantity is known as the "competitive quantity" or market clearing quantity. It usually doesn't alter unless supply or demand shifts.
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compared to financial accounting reports, management accounting reports might include information about:
The information created through financial accounting is entirely historical; financial statements contain data for a defined period of time. Managerial accounting looks at past performance and creates business forecasts.
Two of the four biggest branches of accounting are financial accounting and managerial accounting (e.g. tax accounting and auditing are others). The financial and managerial approaches to accounting are very different, despite numerous parallels in method and application. These variations mostly relate to target audiences, accounting standards, and compliance.
Identification, measurement, analysis, interpretation, and communication of financial information to managers for the pursuit of an organization's objectives are all part of managerial accounting.
Financial accounting entails documenting, compiling, and disclosing to the public or regulators the flow of transactions and economic activity resulting from business operations through time.
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to be eligible for a selective reenlistment bonus (srb), you should complete what minimum number of months continuous active navy service
You have to complete 21 months to be eligible for a selective reenlistment bonus (srb) in continuous active navy service.
What is selective reenlistment bonus?The Selective reenlistment Bonus, or SRB, programme is a financial incentive given to active-duty Airmen and Guardians who reenlist for extended required service while performing specific designated military abilities. The maximum SRB payable today is $180,000 for a 6-year reenlistment, or $30,000 per year of further required service. During your military service, you could be eligible for SRBs worth up to $360,000. Typically, 50% of the bonus is paid in one lump payment at the time of reenlistment. An Army soldier who has served for at least 17 months continuously on active duty (other than for training) and who is proficient in a crucial military skill may be eligible for a reenlistment bonus.
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what were the strengths of the organization and culture of 3m during the mcknight to desimone era? what were the potential weaknesses? for this question, it is recommended to complete a swot analysis.
The strengths of the organization and culture of 3m during the McKnight to DeSimone era were their constant creativity, low employee turnover, strong in R&D and supporting of new ideas.
The organization and culture of DeSimone is one that is built on trust, respect, and transparency. They believe in working together as a team to achieve our goals, and our culture reflects that. They are an inclusive organization, and our employees feel like they are part of something larger than themselves.
They believe in giving back to our community, and our culture is one that supports that. They are a family-oriented organization, and our employees feel like they are part of a family.
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Which of the following is not held constant while moving along the supply curve?
A. the number of sellers
B. prices of factors of production
C. the price of the good itself
D. expected future prices
The correct answer is (C) the curve price of the good itself.The price cannot be constant in a demand curve because the quantity demanded of a commodity depends on the price of the good or service offered.
The supply of an item might also fluctuate due to producer expectations, which are maintained constant along the supply curve. A producer would boost production today in order to sell their good at the higher market price if they anticipated that the price will fall in the future. Because the amount of a commodity is dependent on the price of the item or service being given, the price cannot be constant in a demand curve. The supply curve is moved from its initial position by the supply-influencing variables. The supply curve is unaffected by the amount of purchasers.
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if the consumer price index (cpi) was 220 in 2009 and 225 in 2010, by how much percent did the price of the average good increase?
if the consumer price index (cpi) was 220 in 2009 and 225 in 2010, the increase in percentage is 6.18%.
consumer price index (cpi)Understanding the Consumer Price Index The CPI estimates the average change in prices paid by consumers for a basket of goods and services over time, often known as inflation. It essentially aims to quantify an economy's aggregate price level and hence evaluate the buying power of a country's unit of currency. See the CPI website for a smaller table including only current CPI data (2000-Present). For clarity, the Consumer Price Index (CPI-U) is reported to be based on a 1982 base. However, the BLS adjusted the index to an average of 100 for the years 1982 through 1984 (inclusive), hence there is no single day when it was exactly 100.
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the choices a firm offers to its target markets, such as the products available and the pricing of those products, is known as the
the choices a firm offers to its target markets, such as the products available and the pricing of those products, is known as the marketing mix.
Marketing mix
The marketing mix is the variety of options that a company provides to its target audiences. As a marketer, you have the ability to persuade clients to make the decision you want them to make. In this business one of the most important things is the marketing mix.
Because customer service firms are fundamentally different from those focused solely on physical items, they will frequently take a consumer-centric strategy that adds additional features to satisfy their specific demands. Customer input and replies are included in communication with the purpose of building a continuous dialogue.
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locust company disposed of an asset at the end of the eighth year of its estimated life for $31,500 cash. the asset's life was originally estimated to be 10 years. the original cost was $126,300 with an estimated residual value of $13,800. the asset was being depreciated using the straight-line method. what was the gain or loss on the disposal?
The capital loss that has occurred to the company is $4,800, considering the cost of asset and depreciation.
Cost of asset = $126,300
Life = 10 years
Residual value = $13,800
Depreciation using straight line method = 126,300-13,800/10
Depreciation amount to be charged per year = $11,250
Depreciation for 8 years = $11,250*8 = $90,000
Book value at the end of 8th year = $126,300-$90,000 = $36,300
Sale value of asset = $31,500
Capital loss = $36,300-$31,500 = $4,800
Depreciation is an accounting technique for spreading out the expense of a tangible item and over course of its useful life. How much more asset's value has indeed been spent is indicated by depreciation. It enables business owners to purchase assets over a specified length of time and create revenue from some of those assets.
The initial cost of possession is significantly reduced because companies do not have to fully account for them this year when the goods are purchased. A company's profits can be greatly affected by not paying for depreciation. Long-term assets can also be amortized by companies for tax and accounting reasons.
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assume you can only spend your money on newspapers, shoes, or harmonicas. given your current level of consumption of each of these goods, your next newspaper will bring you 4 utils per dollar spent; your next pair of shoes will bring you 8 utils per dollar spent, and your next harmonica will yield 5 utils per dollar spent. assuming you have enough money that you can buy one of these three goods, which will you choose? choose one: a. newspaper b. shoes c. harmonica
Assume you can only spend your money on newspapers, shoes, or harmonicas. Enough money that you can buy one of these three goods, which will you choose newspaper.
Option A is correct.
Levels of Consumption:The level of consumption that occurs in the economy at any given time depends on the economy's purchasing power. Purchasing power depends on the economy's net disposable income spent on consumption in receipts after savings are adjusted.
What are the factors of consumption?Consumption function, in economics, the relationship between consumer spending and the various factors that determine it. At the household or family level, these factors may include income, wealth, expectations about future income or wealth levels and risks, interest rates, age, education, and family size.
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Prepare entries to record the following: a. Issued 1,000 shares of $10 par common stock at $59 for cash. If an amount box does not require an entry, leave blank or enter "0". b. Issued 1,400 shares of $10 par common stock in exchange for equipment with a fair market price of $60,000. If an amount box does not require an entry, leave it blank or enter "0" c. Purchased 100 shares of treasury stock at $32 d. Sold the 100 shares of treasury stock purchased in (c) at $42. If an amount box does not require an entry, leave it blank or enter "0"
The journal entries for each transaction are:
a) Cash $59,000
Outstanding shares $10,000
Gain on sales of outstanding shares $49,000
b) Equipment $60,000
Outstanding shares $14,000
Gain on exchange of oustanding shares $46,000
c) Treasury stock $3,200
Cash $3,200
d) Cash $4,200
Treasury stock $3,200
Gain on sale of treasury stock $1,000
Let's discuss the journal entries for every transaction:
a. Issue of 1,000 shares of $10 par common stock at $59 for cash.
Cash $59,000
Outstanding shares (1,000 X $10 par) $10,000
Gain on sales of outstanding shares $49,000
b. Issue of 1,400 shares of $10 par common stock for equipment with a fair market price of $60,000
Equipment $60,000
Outstanding shares (1,400 x $10 par) $14,000
Gain on exchange of oustanding shares $46,000
c. Purchased 100 treasury stock at $32, We assume this transaction is done in cash
Treasury stock $3,200
Cash $3,200
d. Sold the 100 treasury stock purchased in (c) at $42
Cash $4,200
Treasury stock (100 x $32) $3,200
Gain on sale of treasury stock $1,000
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changes in aggregate demand group of answer choices are primarily based on changes in firms' abilities to produce products. could be caused by changes in the spending decisions of foreigners. are not affected by changes in government policies. are unlikely to change quickly in response to economic events.
Changes in the aggregate demand group of answer choices are primarily based on changes in firms' abilities to produce products that could be caused by changes in the spending decisions of households, businesses, the government, and foreigners.
A government is a system to govern a country or community. Governments offer the parameters for normal conduct for residents, guard them against door interference, and often offer for their well-being and happiness. In the last few centuries, some economists and thinkers have recommended authorities control over some factors of the financial system.
Every kind of government rises to electricity and rules in a unique way. Research more about every form of government--monarchy, democracy, oligarchy, authoritarianism, and totalitarianism--how they arrive into electricity, and the way they rule.
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3. would you expect the price elasticity of supply for lumber to be elastic or inelastic? explain what factors inform your expectation.
Some worry that growing inflation may "overheat" the economy, although data suggest that producers are adjusting to meet the rising demand for products and services. Bacon, automobiles, and trucks, among other high-priced items, cannot be produced fast enough to meet demand. Truck driver shortages affect other supply chains. As supply meets demand, prices should normalize.
Lumber prices dropped below their start-of-year levels after reaching record highs in early summer. Reduced supply in 2019 and rising demand in 2020 caused the early price hike. Cost-cutting lumber firms closed plants and curtailed capacity in 2019. In 2020, many people worked from home, renovated their homes, and built new homes due to low mortgage rates. Lumber businesses increased production as demand rose. As the economy rebounds and people leave their houses, DIY project demand has plummeted, lowering prices.
Other markets with comparable price rises may follow suit. However, industry-specific stabilization times vary.
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Make an assumption about the relationship between coverage limit and premium. explain your thinking.
You pay insurance companies premiums in exchange for coverage. As a result, consider "insurance price" instead of "insurance premium." Depending on the coverage, you normally pay premiums monthly, semiannually, or annually.
Define coverage limit and premium.The largest amount your insurer will settle a claim for in accordance with the conditions of your policy is referred to as your insurance cap or limit, also known as your coverage amount. Most insurance agreements, including those for auto and house, provide a variety of coverage categories with specific coverage limits.
The insurance premium is the sum of money an individual or business pays to purchase an insurance policy. For the coverage of life, auto, house, and health insurance, premiums are paid.
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a firm sells two products. product a sells for $100; its variable cost is $40. product b sells for $150; its variable cost is $75. product a accounts for 70 percent of the firm's sales, while b accounts for 30 percent. the firm's fixed costs are $1 million annually. assume the firm operates 300 days per year. how many dollars of sales does the firm need to generate per day to break even? group of answer choices $2,325,581 $1,754,386 $7,752 $5,848 $3,333
The firm's fixed costs are $1 million annually. The firm needs to generate D) $5,848 of sales per day to break even.
In accounting and economics, 'constant charges', additionally referred to as oblique charges or overhead expenses, are enterprise fees that aren't depending on the extent of products or offerings produced by using the commercial enterprise. They have a tendency to be habitual, together with interest or rent being paid in line with the month. Those charges also tend to be capital fees.
Examples of fixed prices are lease and lease expenses, salaries, utility bills, insurance, and loan repayments. some kinds of taxes, like commercial enterprise licenses, are also fixed fees.
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true or false: efficiency wages are set below the average industry wage and are intended to give the firm implementing them a competitive advantage over rivals.
Efficiency wages are set below the average industry wage and are intended to give the firm implementing them a competitive advantage over rivals is a false statement.
Wage is characterized as a payout typically of dollars for personal services often as per contracts on an annual, daily, or piece rate basis. This is for the job that the person has done.
This enables a salary rise for earnings that were over the maximum a more effective weapon to boost employers' latitude for selection, minimize turnover rates, and promote enthusiasm and obedience.
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what term refers to a ranked group within a hierarchically stratified society whose membership is defined primarily in terms of wealth, occupation, or other economic criteria?
Caste is a term that refers to a ranked group within a hierarchically stratified society whose membership is defined primarily in terms of wealth, occupation, or other economic criteria.
What is occupation?Occupation refers to a general term that refers to the field or industry in which you work or the work you are interested in. It can also mean as someone's role within an organization. Listing your occupation in an interview includes the impact on you, your job, your profession, and your career in one answer. Occupation refers to the type of work performed on a job. A job is any task that a particular worker performs in order to perform a job. A profession is a set of activities that are sufficiently similar in terms of the activities performed. If you are completing an internship, gap year, or apprenticeship, please enter your new job title as your main job.If you are not working on your gap year, you must declare that you are unemployed. Next, you need to declare your side job as "student".To learn more about occupation from the given link :
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All of the following are characteristics of the introduction stage of the product life cycle EXCEPT: Few competitors Low marketing expenditures Negative profits High prices to recover R&D costs Low sales
All of the following are characteristics of the introduction stage of the product life cycle except Low marketing expenditures. The Option B is correct.
What is a product life cycle?In marketing, a product life cycle refers to length of time from a product first being introduced to consumers until it is removed from the market. This cycle is usually broken down into four stages including introduction, growth, maturity and decline.
During the introduction stage of product life cycle, a product experiences a minimal sales that are growing slowly, minimal or nonexistent profits, and very few competitors.
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ursula company is considering the purchase of a new machine for $160,000. the machine would generate an annual cash flow before depreciation and taxes of $62,588 for four years. at the end of four years, the machine would have no salvage value. the company's cost of capital is 12%. the company uses straight-line depreciation with no mid-year convention and has a 40% tax rate. what is the internal rate of return (rounded to the nearest percent) for the machine? a.between 14% and 16% b.between 16% and 18% c.below 12% d.between 12% and 14%
The internal rate of return is $23,667.
IRR is the interest rate at which all cash flows sum to zero and is useful for comparing one investment to another. In the example above, if we replace 8% with 13.92%, the NPV will be zero, which is the IRR. Therefore, IRR is defined as the discount rate at which the project's present value is zero.
For example, in the world of commercial real estate, 20% IRR is considered good but it is important to remember that this is always related to the cost of capital. A good IRR is one that is higher than the initial amount that the company invested in the project.
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explain the role of online privacy in social media advertising. what are cyber-identity theft and online resistance?how can they affect social media advertising? list out the ways in which individuals can protect themselves. whatis the consequence of blocking websites that track your digital footprint?
This can affect social media advertising because people may not trust online sites if they were a victim of cyber-identity theft. Individuals can protect themselves by making sure that the website they are on has a privacy seal. The consequence of blocking websites that track your digital footprint is you may forget which companies you opted out of and your personal information could be sold to other companies.
A digital footprint is recorded that is left behind while users were online. There are two sorts of virtual footprints that are passive and energetic. A passive footprint is made when information is collected from the consumer without the person knowing what is going on.
Unfortunately, it's now not viable to delete your digital footprint entirely. there'll usually be some facts that you can't erase — like that held by way of third events and hidden from you.
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Privacy involves the control of information disclosure and unwanted intrusions into a consumer's environment. Privacy entails control over personal exchanges that use information technology to enhance autonomy or minimize vulnerability and which can minimize covert marketing practices online.
A purchaser is a person or a set who intends to reserve, or uses purchased items, products, or offerings in most cases for non-public, social, circle of relatives, family and similar wishes, who isn't always at once associated with entrepreneurial or enterprise sports. The time period most generally refers to a person who purchases items and services for private use. “consumers, with the aid of definition, consist of us all," stated President John F. Kennedy, supplying his definition to the united states Congress on March 15, 1962. This speech became the idea for the advent of world purchaser Rights Day, now celebrated on March 15.
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Value-based pricing is the reverse process of ________ pricing.
Value-based pricing is the reverse process of cost-based pricing.
What is cost-based pricing?Cost-based pricing is a pricing method based on the costs of producing, manufacturing, and distributing a product. Basically, The price of a product is determined by adding a percentage of the manufacturing cost to the selling price to make a profit. This approach regularly results in prices that deviate from the market price, Causing the company to either be too high to attract customers or too low to lose profits that customers are willing to pay. A pricing approach used by businesses to determine the selling prices of goods and services is cost-based pricing. Companies can set pricing using this strategy in accordance with the costs associated with producing goods or rendering services.
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