The most important determinant of price elasticity is the availability of substitute goods. When consumers have more choices for similar goods, they are more likely to make purchases and be price sensitive, leading to higher price elasticity.
On the other hand, if few or no substitutes are available, consumers are less likely to be price sensitive, leading to lower price elasticity. In addition, elasticity is also affected by the amount of time consumers have to adjust to price changes; if consumers have more time to adjust and find substitutes, they are more likely to be price sensitive, leading to higher price elasticity. In short, the availability of substitute goods is the most important determinant of price elasticity because it affects consumers' ability to adjust to price changes.
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In the formula =[SalesPrice]*.05, what do you call [SalesPrice]?A) 3-D referenceB) external referenceC) structural referenceD) absolute reference
A circular reference refers to a formula that visits its own cell or someone else's cell more than once in its chain of calculations, creating an infinite loop that significantly slows down your spreadsheet.
This is the most commonly used type of cell reference in formulas. Relative cell references are basic cell references that adjust and change when copied or when AutoComplete is used. By default, a cell reference is a relative reference, which means that the reference is relative to the location of the cell. A circular reference refers to a formula that visits its own cell or someone else's cell more than once in its chain of calculations, creating an infinite loop that significantly slows down your spreadsheet.
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a producer was found guilty of a 3rd violation of the insurance code. what would be the monetary penalty he will have to pay?
A producer have to pay $10,000 if he found guilty of a 3rd violation of the insurance code.
Inscode stands for the insurance code or rules established by insurance providers to control provider licences. Customers may shop for and compare various insurance products on the company's online marketplace. You must pay a fine if the Benefit Payment Control Unit determines that you intended to get more unemployment benefits than you were entitled to. You should pay it back both the fine and the excess payment.
Cash and cash equivalents, which are easily convertible into a fixed or precisely determinable sum of money, include cash on hand, bank deposits, investment accounts, accounts receivable (AR), and notes receivable.
Financial terms that refer to money, particularly the overall quantity of money in a nation.
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the difference between the actual cost and budgeted cost at the actual level of activity is called a(n) .
the difference between the actual cost and budgeted cost at the actual level of activity is called cost variance. The cost variance is the difference between actual expenses and anticipated or budgeted costs.
A "cost variance" is the difference between the actual cost and the anticipated cost at the current level of activity. The cost variance calculates the difference between actual expenses and planned or anticipated expenditures for a specific level of activity. A positive cost variance means that real expenses were less than anticipated, whereas a negative cost variance means that actual expenses exceeded anticipated. Budgeting and financial analysis employ cost variations to compare actual results to anticipated outcomes and pinpoint areas where expenses might be cut or better managed. Organizations may enhance their bottom line by making smarter judgements, allocating resources more effectively, and reducing cost variances.
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All of the following are sources of primary data EXCEPT:
A. social media.
B. observational data.
C. experiments.
D. panels.
E. government publications
All of the following are sources of primary data expect government publications. The correct option is E.
The primary data is also known as the raw data. The primary data is the term which refers to the data which is collected from the particular source.
The government publications are the information that is published which is document of government rule or law. Example, explanatory guides, official records, parliamentary business and royal commissions.
The primary data sources are divided into the three categories which is quantitative data, qualitative data and mixed data. The sources of data which is divided into the two term is statistical and non-statistical data.
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The three competitive factors that impact only. Internet sales and market share in a region include a. company expenditures for merchandising support paid to third-party online retailers. b. company expenditures for brand advertising. c. the S/Q rating of the branded footwear being sold at each company's website. d. the average retail price charged at each company's website. the celebrity appeal ratings of the celebrities who are under contract to endorse a company's branded footwear via videos, pictures, and commentary posted prominently at numerous locations on its website.
The three competitive factors that impact only Internet sales and market share in a region include the celebrity appeal ratings of the celebrities who are under contract to endorse a company's branded footwear via videos, pictures, and commentary posted prominently at numerous locations on its website. Thus, the correct answer is option E.
The skills and qualities that set one company apart from another are known as competitive factors. Prior to beginning any strategic planning, it is necessary to identify these competitive elements and assess their relative importance to accomplishing a firm's strategic goals.
Imitators, price wars and product differentiation are some of the examples of competitive factors.
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which com[pnent of the age of proto-industrilization became a ket asset for industrilization
The invention of the steam engine was a key component of the Age of Proto-Industrialization, and was a key asset for the Industrial Revolution. The invention of the steam engine allowed for massive changes in the way work was done.
The steam engine was used to power machines, which allowed for faster and more efficient production. The steam engine also enabled the use of railroads, which allowed for far greater mobility than ever before. This increased mobility allowed for a much wider range of goods to be transported, and for the mass production of goods.
This increased productivity, in turn, allowed for economic growth and expansion. In addition, the steam engine also enabled the development of mechanization, which made production faster and more efficient. All of these factors allowed for the Industrial Revolution to take off, and the steam engine was a key part of it.
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when a company performs services for a customer, and the customer agrees to pay for the services at a later date, the transaction is recorded in which account? multiple choice question.
The cerebrum, the brain's biggest component, comprises two hemispheres (or halves). The cerebrum regulates our ability to move, speak, think, feel, and hear.
Debits raise the balances of asset, loss, and expenditure accounts, while credits lower them. Debits reduce income, gains, liabilities, and equity accounts whereas credits enhance those same accounts.
Accounts receivable are debited and service revenue are credited when a business provides a service but had not yet been paid for it. The revenue recognition principle states that revenue should be recorded as soon as it is earned. Accounts receivable would be deducted because the consumer has not yet paid for the services.
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If net income is $130,000 and interest expense is $40,000 for 20Y8, what is the rate earned on common stockholders' equity for 20Y8 (rounded to one decimal place)?
13.0%
The rate earned on common stockholders' equity for 20Y8 is 13.04%.
what is rate of stockholders equity?Stockholders equity, also known as shareholder equity or owner's equity, is the residual interest in the assets of a company after deducting liabilities. The rate of stockholders equity refers to the relationship between the company's equity and its total assets, expressed as a percentage. It measures a company's financial leverage and shows the portion of assets financed by stockholders as opposed to creditors.
The rate earned on common stockholders' equity is given by the formula:
rate = [tex]\frac{net income-preffered divident}{average stockholder equity}[/tex]
=> (1,30,000-9000)/9,27500
=> 1,21,000/9,27,500
=> 13.05
so the rate of common stockholder equity is 13.05%.
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Complete question:
If net income is $130,000 and interest expense is $40,000 for 20Y8, preffered dividend is $9000 and average common stockholder equity is $9,27,500 .what is the rate earned on common stockholders' equity for 20Y8 (rounded to one decimal place)?
13.0%
What does the income approach to value rely on when valuing properties that are five or more units?
Gross rent multiplier
Monthly gross rent
Gross income multiplier
Sales comparison
The income approach to value rely on when valuing properties that are five or more units include the gross rent multiplier, the monthly gross rent, the gross income multiplier, and the sales comparison.
The gross rent multiplier is a ratio that takes the value of a property and divides it by its gross rental income. This gives a quick and easy estimate of a property's value based on its income.
The monthly gross rent is the total rent received from all units in a property before any expenses are subtracted. This is an important factor in the income approach because it is the foundation of the property's income.
The gross income multiplier takes into account all the expenses associated with owning and operating the property, including property taxes, insurance, and maintenance. This gives a more accurate estimate of the property's net income, which is used to determine its value.
Sales comparison is a method of valuing a property by comparing it to similar properties that have recently sold in the same area. This helps to confirm the value estimated using the income approach and ensures that the final estimate is accurate and in line with market conditions.
In conclusion, the income approach to value relies on several key factors to determine the value of properties that have five or more units.
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which of these pairs is an agency? tax preparer/taxpayer group of answer choices true false
Tax preparer and Taxpayer are the group of Agency is True because
that are similar in their talents and abilities .
A department or group of agents with similar talents and abilities is known as an agent group. Additionally, it organizes individuals and streamlines processes. Agents are organized into groups based on many factors, such as client geography or issue kind.
Functionalism, supported by Bryce Huebner and Brian Epstein, and interpretivism, defended by Deborah Tollefsen, Christian List, and Philip Pettit, are the two views that dominate the present discussion about group agency. These are organizations that function similarly to how individual actors behave. They claim to support goals, make assertions, and act in ways that will satisfy those claims about goals and assertions.
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explain carefully the difference between (a) hedging, (b) speculation, and (c) arbitrage
There is an opportunity for arbitrage when the law of one price is broken. Arbitrage is not illegal in and of itself, but there are risks associated.
Arbitrage is a strategy used in economics and finance to profit on price disparities between two or more markets by combining a number of matching trades. The difference between the market rates at which the unit is exchanged and the profit. Arbitrage is the simultaneous purchase and sale of the same or a similar asset in different markets in an effort to profit from minute differences in the item's quoted price. It uses momentary price fluctuations for financial goods that are the same or similar but are traded on different exchanges or in different forms. Arbitrage arises as a result of market inefficiencies, which it both exploits and corrects.
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which is not an agency that deals (buys loans) in the secondary market?
The correct response is c. Federal Housing Administration. The Federal Housing Administration (FHA) does not buy loans on the secondary mortgage market or lend money directly to borrowers.
As a division of the U.S. Department of Housing and Urban Development, the Federal Housing Administration (FHA) provides housing assistance. On loans issued by lenders with FHA approval, we offer mortgage insurance. There will be repayment of the loan, or a portion of the loan, made by an authorized lending institution. The Federal Housing Administration (FHA) has a long list of accomplishments, including modernizing the American mortgage system, enhancing the standard of the housing stock in the country, preventing the loss of millions of homes, enabling millions more to buy their first homes, and funding the development of millions of reasonably priced rental units. The Federal Housing Act established the Federal Housing Administration. In order to assist low-income Americans in obtaining funding from private banks and other financial organizations, the Federal Housing Administration was created to insure mortgages for these individuals.
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Which is not an agency that deals (buys loans) in the secondary market?
Government National Mortgage Association
Federal Home Loan Mortgage Corporation
Federal Housing Administration
Federal National Mortgage Association
a team member suggests the use of a task board for keeping track of progress. the project manager agrees and implements which components to track work?
A task board is a visual tool used to track the progress of work in a project. It typically includes the following components:
1. Columns for different stages of work, such as "To Do", "In Progress", and "Done".
2. Cards or sticky notes that represent individual tasks or activities.
3. Information about each task, such as its description, assigned person, due date, and progress status.
4. Color coding or symbols to indicate priority, type of work, or status.
A task board is a visual tool used in project management and agile methodologies to track the progress of tasks and team assignments. It displays information about the tasks, such as the task description, assignee, due date, and status, in a clear and organized manner. Task boards can be physical boards with sticky notes or digital boards using software such as Trello, Asana, or Jira.
Task boards are beneficial because they provide a high-level overview of the project, allowing team members and stakeholders to see what tasks are currently being worked on, what tasks are complete, and what tasks are still to be done. Additionally, task boards allow for easy reordering and prioritization of tasks as the project evolves. They also facilitate communication and collaboration among team members and can help identify potential roadblocks early on. Overall, task boards are an effective tool for managing tasks and ensuring the successful completion of projects.
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what term describes a specific item amount on which you do not have to pay taxes? a. exclusion b. exception c. exemption d. extra
The term describes a specific item amount on which a person do not have to pay taxes is: exemption. The correct option is C.
The financial charges levied by the government on persons, businesses, or any corporation are taxes. The government imposed taxes to fund public expenditures and services like infrastructure development, education, healthcare, defense, social welfare programs, and more.
The revenue generated from taxes helps in funding the state's activities operations and services, and ensures the functioning and development of a nation. They are important aspect of public finance and are used to achieve economic and social goals as well as maintain law and order within a country.
Thus, the ideal selection is option C.
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on july 1, year 5, lee co. sold goods in exchange for a $200,000, 8-month, noninterest-bearing note receivable. at the time of the sale, the note's market rate of interest was 12%. what amount did lee receive when it discounted the note at 10% on september 1, year 5?
The market interest rate on the note was 12% at the time of selling. The amount did lee receive when it discounted the note at 10% on September 1, year 5 is 190,000
Define rate of interest?
An interest rate tells you how high the cost of borrowing is, or high the rewards are for saving. So, if you're a borrower, the interest rate is the amount you are charged for borrowing money, shown as a percentage of the total amount of the loan. Rate of interest per year = R = 10% Time for which it is borrowed = T = 1 year. Thus, simple interest for a year, SI = (P × R ×T) / 100 = (10000 × 10 ×1) / 100 = Rs 1000. Amount that Rishav has to pay to the bank at the end of the year = Principal + Interest = 10000 + 1000 = Rs 11,000.
Here's the simple interest formula: Interest = P x R x T. P = Principal amount (the beginning balance). R = Interest rate (usually per year, expressed as a decimal). T = Number of time periods (generally one-year time periods).
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there is a flow that keeps economies moving that involves production, distribution, and what else? select two options.
Production, distribution, consumption, and investment are the four components that keep economies moving.
ConsumptionInvestmentProduction, distribution, consumption, and investment are the four components that keep economies moving. Production refers to the creation of goods and services, distribution is the process of moving those goods and services to where they are needed, consumption is when people use the goods and services, and investment is when money is put into the economy to support future production, distribution, and consumption. All four components are essential for a healthy economy.
Full task:
There is a flow that keeps economies moving that involves production, distribution, and what else?
Select two options:
Consumption Investment Regulation ExchangeLearn more about Economy: https://brainly.com/question/1106682
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xie company identified the following activities, costs, and activity drivers for this year. the company manufactures two types of go-karts: deluxe and basic. activity expected costs expected activity handling materials $ 680,000 100,000 parts inspecting product 955,000 1,500 batches processing purchase orders 160,000 700 orders paying suppliers 230,000 500 invoices insuring the factory 355,000 40,000 square feet designing packaging 130,000 2 models required: compute the activity rate for each activity, assuming the company uses activity-based costing. (round activity rate answers to 2 decimal places.)
The activity by the expected activity driver: Handling materials = $6.80 per part, Inspecting product = $637.00 per batch, Processing purchase orders = $228.57 per order, Paying suppliers = $460.00 per invoice, Insuring the factory = $8.87 per square foot and Designing packaging = $65,000.00 per model.
To compute the activity rate for each activity, divide the expected cost of the activity by the expected activity driver:
Handling materials: $680,000 ÷ 100,000 parts = $6.80 per part
Inspecting product: $955,000 ÷ 1,500 batches = $637.00 per batch
Processing purchase orders: $160,000 ÷ 700 orders = $228.57 per order
Paying suppliers: $230,000 ÷ 500 invoices = $460.00 per invoice
Insuring the factory: $355,000 ÷ 40,000 square feet = $8.87 per square foot
Designing packaging: $130,000 ÷ 2 models = $65,000.00 per model
So, the activity rates are $6.80 per part, $637.00 per batch, $228.57 per order, $460.00 per invoice, $8.87 per square foot, and $65,000.00 per model, respectively.
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1. why would carl williams ask a non-technical manager to assume the cio position? is it a good idea? 2. if you were jim barton, would you take the job? 3. what do the ivk corporation exhibits, featured below, tell you about the current state of the company? given this information, what does ivk need from a new management team under ceo carl williams?
Carl Williams might ask a non-technical manager to assume the CIO position if he believes that the person has the necessary leadership and management skills to lead the IT department and align its goals with the company's overall strategy. Whether this is a good idea or not depends on the individual's ability to effectively manage the technical aspect of the role and the support they receive from other departments.
What is the technical manager?2) If I were Jim Barton, I would consider the responsibilities and challenges of the CIO position, as well as the support and resources available from the company, before making a decision.
3)The information provided about the IVK Corporation exhibits does not indicate the current state of the company.
Further information about the company's financial and operational performance, market position, and competitors would be necessary to make a comprehensive assessment of its current state. Based on this limited information, it is not possible to determine what IVK needs from a new management team under Carl Williams.
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Making a good economic decision requires two scarce resources. What are they?
Choose matching definition
1. Prices that vary only slightly
2. Time and information
3. They both satisfy wants
4. Entrepreneurship
Answer:
2. Time and information
The answer is option 2. Time and information, when making a good economic decision requires two scarce resources that are time and information.
What is the fundamental meaning of economics?Economics is the study of scarcity and how it affects how resources are used, how commodities and services are produced, how production and welfare increase over time, and a wide range of other complicated concerns that are extremely important to society.
Initially, who defined economics?The author of this definition is Alfred Marshall. Alfred Marshall defined economics as the study of man engaged in daily activities. It looks at a person's source of income and his investment decisions. As a result, it might be seen as a study of wealth.
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what are the major issues in this case? what does walmart’s experience tell you about the business and society relationship?
Some of the key issues are that when Walmart bought goods from abroad, many American jobs were destroyed and went out of business, and after Sam Walton died, a lot of things went from bad to worse.
Assess Walmart's social responsibility using the CSR model of the organization. Walmart's main issues relate to product quality and labor. More than 2 million Walmart employees face the company's strong anti-union policies, low wages and poor working conditions.
The Walmart effect is a term that refers to the economic impact local businesses feel when a large company like Walmart (WMT) opens stores in the area. The Walmart effect is usually manifested by putting smaller retailers out of business and lowering the wages of competitors' employees. For these reasons, many local businesses oppose having Walmart stores in their area.
The Walmart effect is the effect Walmart is known to have on the communities it builds places in.
The presence of Walmart stores could hurt small businesses and reduce wages for local workers.
Much of the Walmart effect is due to Walmart's enormous purchasing power. The Walmart effect can also affect suppliers who need to lower their production costs in order to sell to Walmart.
Although the term was used in his 90s, the "Walmart effect" became widely known with the publication of the book of the same name by Charles Fishman.
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which of the following is not considered a current liability? group of answer choices accounts payable unearned revenue the component of a twenty-year note payable due in year 20 current portion of a noncurrent note payable
A twenty-year note payable component that is due in year 20 is not regarded as a current liability.
What is a current liability?
A company's short-term financial commitments that are due in a year or within a typical operational cycle are known as current liabilities. An organization's operational cycle, also known as the cash conversion cycle, is the period of time it takes to buy inventory and turn that inventory into cash through sales. Commonly, current assets—assets that are depleted within a year—are utilized to settle current liabilities. Accounts payable, short-term debt, dividends, notes payable, and unpaid income taxes are a few examples of current obligations.
For creditors and investors alike, the examination of current liabilities is crucial. This might paint a picture of a business's financial stability and current liability management.
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1.1 - discussion: what's the role of an operations manager?
This includes the planning,organization and supervision of operations, manufacturing and production processes and the provision of services to produce
In general,the desired result of a high quality product or service that meets customer demands the role of an operations manager is to manage all the activities involved in the production of goods and/or services of a company. In the retail industry,for example,an operations manager would manage all activities related to the daily functions of the retail floor,as well as planning and strategizing.The term operations management encompasses the planning,implementation,and supervision of the production of goods or services.More specifically, they work on mapping out strategies,enhancing performance,acquiring resources,and ensuring legal compliance.Operations management might be fulfilled by just one person in a small business.
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what is the present value o 1000 due in 10 yeas, if the annual eecifectie intrest ate is 6% for the first 3 years, 7% for the next 4 years and 9% for the final 3 yeas?
The present value of $1000 due in 10 years with the given interest rates is $668.36.
This can be calculated by discounting the future value of $1000 at the respective interest rates over each period. That is, the present value of $1000 at 6% for 3 years is $870.11, the present value of $1000 at 7% for 4 years is $721.19, and the present value of $1000 at 9% for 3 years is $426.06.
Adding these values together gives the total present value of $1000 due in 10 years, which is $668.36.
For example, if a $1000 cash flow is due in 10 years with 6%, 7% and 9% annual effective interest rates for the first 3, next 4 and final 3 years, respectively, then the present value would be calculated as:
Present Value = ($1000 / (1 + 0.06)^3) + ($1000 / (1 + 0.07)^4) + ($1000 / (1 + 0.09)^3) = $668.36
This calculation can be used to help understand the time value of money and make decisions on investments, loans, and other financial matters.
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which of the following statements is true? management science is focused on developing mathematical models. robert owen is credited with the development of scientific management. theory y managers rely heavily on management science to make decisions about employee development.
The statement "management science is focused on developing mathematical models" is true.
Hence, option (a) is correct.
Management science is the study of organizational problem-solving and decision-making. Consider it the scientific approach applied to management, allowing managers to make decisions for a company and improve its performance.
Management science assists in identifying procedures that work, identifying areas of weakness, and recognizing future possibilities and demands of the organization's customer base. The technique makes resource usage easier since the framework can detect resource availability and proper use.
Management science research can be conducted on three different levels: Probability, optimization, and dynamical systems theory are the three core mathematical fields.
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__________ gives an insight how effectively the user experience is meeting strategic goals.
UX strategy gives an insight how effectively the user experience is meeting strategic goals.
Strategic goals are the particular financial and non-financial objectives and achievements that a firm intends to attain during a certain time period, often the ensuing three to five years. An extensive primary result is an aim. Your method of achieving a goal is called a strategy. A quantifiable action you do in order to accomplish a plan is called an aim. An instrument you employ to pursue an aim connected to a strategy is a tactic. The aim you have for your three to five year strategic plan's conclusion is what is known as a strategic goal. These objectives are more comprehensive than your annual goals, but they are also more compact than BHAGs and vision statements, which are long-term ambitions.
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taylor, a citizen of utah, files a suit in a utah state court against veritas sales corporation, a washington state company that does business in utah. the court has original jurisdiction, which means that
Taylor, a citizen of Utah, files a suit in a utah state court against veritas sales corporation, the court has original jurisdiction, which means that the case is being heard for the first time.
The legal word for the power given to a legal institution to administer justice is jurisdiction. Areas of jurisdiction are applicable at the municipal, state, and federal levels in federations like the United States.
Legally speaking, jurisdictional issues are typically technical. The two most crucial ones are the court that will hear a particular case and the law enforcement agency that can become involved. However, although appearing to be minor details, jurisdictional issues can occasionally have a major impact on the conclusion. If you are a juvenile, for example, you may only be tried in juvenile court. Jurisdiction may also depend on where you are (for example, in which state), who you are, and what the matter is (for example, cases involving the estate left by someone who has died are dealt with in probate court).
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if the jordanelle ski’s profit increased $10/pair, how would the optimal solution change?
The optimal solution would change to increase the price of ski's by $10/pair. This would result in an increase in profits and is the most efficient way to capitalize on the higher demand and new higher profit margin.
When the Jordanelle ski's profit increased $10/pair, it is an indication that the demand for these skis is increasing. To capitalize on this increased demand, and to maximize profits, the optimal solution is to increase the price of the ski's by $10/pair. This increase in the price of ski's would result in an increase in profits for the business. Raising the price would also help to increase the perceived value of the product, which would in turn help to increase demand for the product. Another possible solution to capitalize on the increased profit margin would be to invest in marketing and advertising. Investing in marketing and advertising could help to increase the visibility of the product, and stimulate demand. This could be accomplished through traditional marketing or through digital marketing campaigns, like pay-per-click or social media advertising.
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after the previous sales representative in his territory infuriated an important customer, ben visited the customer once a month, never asking for business but hoping to rebuild trust through listening and expressing concern. finally, after more than two years, the customer gave ben an order. ben was providing the important marketing function of
Marketers who prioritize value do regular cost-benefit analyses of their products and services. views the connection between the buyer and seller as a collection of discrete transactions, with minimal relevance to events that occurred before or after the transaction.
Value-based marketing mandates that businesses set prices that: Capture the value that clients believe they are receiving. Marketing positioning is the act of identifying the elements of the marketing mix so that target buyers understand what the product does or stands for in relation to rival products in a clear, unique, and desired way. Pricing is an important component of product and business positioning. − Revenues, a company's market share, and profitability are all directly impacted by pricing decisions. In the marketing mix, only price delivers results.
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Which method to test the accuracy of internal information used in an audit involves determining the sample size using the attribute sample size table?
MUS
Testing management's controls
data extraction
direct testing
MUS method to test the accuracy of internal information used in an audit involves determining the sample size using the attribute sample size table .
Option A is correct .
The term "attribute sampling" refers to a technique for gauging quality that involves counting the number of units that have a given characteristic (or attribute) and noting its existence (or absence) in each unit being evaluated. But sampling methods are not limited to qualities.
Variable sampling is when the result is assessed on a continuous scale as opposed to attribute sampling, which indicates that the result could either conform or does not conform and it tests if an item is defective or not.
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is 30 brands too many/ just right/ too few for marriott?why?
Marriott didn't plan for 30 brands, but she admitted the combination "works really well" and the company looked at each brand and its potential.
Size, scope and choice are important, she said, especially while traveling. "That way, loyalty becomes more compelling. This makes it more attractive to guests and reduces costs for owners and franchisees."
Similarly, Marriott targets growth in specific segments where different brands may compete. “Delta allows hotels to be placed in markets where another Sheraton cannot flag,” said Edmundson. “Other brands can fill the void that Marriott does not, such as Westin, The Luxury Collection and the Tribute Portfolio. Together, Marriott and Sheraton brands represent 30% of Marriott International’s rooms and 17% of its units. , accounting for 29% of total revenue.
In the new portfolio, Edmundson said Marriott is bundling similar brands together to differentiate them. For example, the Ritz-Carlton and St. There are elements of In some segments, one brand leads another depending on what kind of presence the brand has in a particular location.
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