Answer:
D
Explanation:
It requires you to rent a storage unit
what is an example of a brief statement to get across a message for a staycation advertisement
Based on the marketing strategy ideas, an example of a brief statement to get across a message for a staycation advertisement is "Brainly Night In is available at multiple hotels worldwide, with 60% off parking and other local perks."
What is Staycation Advertisement?Staycation Advertisement is a term that is considered a buzzword to define the advertisement of the period or location in which an individual or family lives at home and takes part in leisure activities within day trip distance of their home without overnight accommodation.
Some other examples of Staycation advertisements include the following:Brainly Home is offering a cheap resident rate to entice American travelers to come to Chicago.Brainly offers London residents a hotel staycation package with a "kids eat free" package.Brainly New York has a hotel staycation package to attract domestic travelers within the city.Hence, in this case, it is concluded that various enticing staycation advertisement companies could use to entice customers.
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Why does geographic location affect the cost of premiums? (1 point)
O There are less car mechanics in certain areas so the cost to repair is higher.
O Because people in urban areas tend to buy flashier cars.
Because insurance companies review the statistical history of claims for an area and if there is an
increased risk of claims for accidents or theft, they will raise the premium.
O Because insurance companies believe that people in urban areas should use mass transit.
The right response is an option (c), meaning that premiums will be increased if there is a higher chance of claims for accidents or theft. Insurance firms examine the statistical history of claims for a region.
Why does geography affect how much a premium will cost?Pricing may be less expensive in a market that is nearby than it would be in a market that is farther away because of the lower cost of transportation. If the products are competing in a crowded market with many other high-quality options for customers, prices may be lower.
Why do medical expenses vary by location?Spending and utilization variations between geographical areas may be the result of individual or regional-specific variables. Individual features and interests of people residing in each of the various geographic locations are examples of person-specific elements that influence the need for care.
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Answer:
the correct answer is c
Explanation:
because insurance companies review the statistical history of claims for accidents or theft.....
Which of the following statements would be
associated with the concepts of Capitalism?
A. Business owners have their own self interests in how their
company will make money.
B. Prices need to be fixed at a certain point because buyers and
sellers never come to an agreement.
C. The government should own all businesses to benefit the majority.
D. The government should control how private property will be
utilized for business.
A. Business owners have their own self interests in how their company will make money is associated with the concepts of capitalism.
What is capitalism?
A system of capitalism is an economy in which the means of production are privately owned and run for profit. Capital accumulation, competitive markets, the pricing system, private property, acknowledgment of property rights, voluntary trade, and wage labour are key aspects of capitalism. In a market economy, owners of wealth, property, or the capacity to move capital or the ability to produce are the ones who decide on investments and decisions, whereas the competition in the markets for goods and services is largely responsible for setting prices and determining how things are distributed.
In their assessments of capitalism, economists, historians, political economists, and sociologists have embraced numerous viewpoints and identified many kinds of it in daily life. These include state capitalism, welfare capitalism, anarcho-capitalism, and laissez-faire or free-market capitalism. Different versions of capitalism include varied levels of public ownership, open markets, barriers to uninhibited competition, and state-approved social policies. Varied forms of capitalism have different levels of market competition, the importance of intervention and regulation, and the extent of state ownership.
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Which of the following statements would be
associated with the concepts of Capitalism?
A. Business owners have their own self interests in how their
company will make money.
B. Prices need to be fixed at a certain point because buyers and
sellers never come to an agreement.
C. The government should own all businesses to benefit the majority.
D. The government should control how private property will be
utilized for business.
Which sector would make the most sense for someone who intends to create their own line of apparel and handmade jewelry?
1.) Tech Product
2.) Education
3.) Physical Product
4.)Service
Answer:
3
Explanation:
Physical Product
What is the rationale behind a tradable emission allowance scheme?
Trading emissions permits emission reductions to occur in locations where they can be accomplished at the lowest cost, which in turn lowers the total cost of mitigating the effects of climate change. This is the logic behind emissions trading.
What is a tradable emission allowance scheme?Generally, A limit (or cap) on pollution and tradable permits equal to the limit that allows allowance holders to emit a certain amount (such as one ton) of the pollutant are the two primary components of emissions trading schemes.
Tradeable allowances are licenses that are sold or otherwise provided by the government that allows for a certain quantity of pollution to be emitted.
These permits are also frequently referred to as pollution permits. They were included in the Clean Air Act amendments of 1990 that were passed in the United States (see MRU video on the left below).
In conclusion, Trading emissions makes it possible for reductions in emissions to take place in regions where they can be achieved at the lowest cost. This, in turn, reduces the overall cost of mitigating the consequences of climate change. The concept of exchanging emissions follows this line of reasoning.
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Case study
Cross-Cultural Issues at Marico
Imagine that you have recently been hired as a human resources consultant by a Canadian multinational enterprise (MNE) called Marico. Marico designs, manufactures and sells commercial airplane engines and fuselages worldwide. It currently has over 1,000 employees in its three locations, including 500 at its global headquarters in Canada, 300 at a manufacturing plant in the U.S., and now over 200 at its newest manufacturing plant in Mexico.
The firm is having problems communicating and sharing its corporate values and policies with its newest employees in Mexico. The only experience Marico has had in opening a new subsidiary prior to Mexico was in the U.S., where corporate values and policies were taken up by American employees with little difficulty. The problems in the Mexican plant seem to center around poor communications between the managers, who are mostly Canadian, and its new employees, who are mostly from Mexico.
“We want our corporate culture to be the same everywhere,” explains Marico’s CEO, Mr. John Woods, to you over lunch. “We want everything we do in Canada to be the accepted, standard practice across all of our locations, but that just doesn’t seem to be getting across to our employees in Mexico.” John continues by telling you that all new employees are trained in Marico’s corporate culture via discussions with their managers and corporate brochures/reading materials. He says that his Canadian managers in Mexico are frustrated with the Mexican workers’ abilities to learn Marico’s culture and that, as a result, productivity at the plant has been negatively impacted.
You investigate the issue by speaking with managers and employees at the new subsidiary in Mexico. The managers complain that employees at the new plant do not speak their mind very often, and often seem to stress harmony with each other over learning Marico’s culture. Managers are also frustrated that staff meetings frequently start late due to the lateness of employees. The employees, who are younger than their managers on the average, are frustrated that they are not told exactly how to do their tasks; instead, they are told to read their employee manuals for guidance. They are concerned that Marico’s managers are too impatient with them about learning the policies. They feel they have been left to their own devices to figure out how things work, which often causes them to stay late at work. What is more, staying late on their shifts often causes them to be late for staff meetings, where they are often berated by managers for not acting like “good Canadian employees”. After your examination you become convinced that the problem Marico is experiencing relates to culture, and you prepare your report accordingly.
CASE QUESTIONS
Select one of Hofstede’s five cultural dimensions to explain to Marico’s the main differences between Marico’s Canadian HQ and its Mexican subsidiary in terms of culture. Explain why you selected this dimension as the primary source of the problem between the Marico HQ and its Mexican plant.
In your opinion, what are three ways that Canadian managers could demonstrate higher intercultural competence at Marico’s Mexican subsidiary?
From the case study, there are three factors from Hofstede’s five cultural dimensions that immediately become apparent to the Hofstede Specialist.
Time Orientation issuesIndividualism over CollectivismUncertainty Avoidance issues.Let's look at Time Orientation. In some cultures, time for meetings or events is just an approximation. For other cultures, it is an exact science. The reason why I am picking this is that this issue was explicitly mentioned with regard to lateness to staff meetings.
The way in which Canadian Managers could demonstrate higher intercultural competence is by first demonstrating an understanding of empathy of the issue. Next is that they must now initiate an orientation program for all Mexican employees and not just assume that they know the Canadian or Marican culture.
What is Hofstede’s five cultural dimensions?Hofstede investigated national cultures by identifying five distinct dimensions, which are: power distance.
Avoiding uncertainty.Individualism-collectivism.Masculinity-femininity.Time management.Symbols, language, conventions, values, and artifacts are the primary components of culture. Language facilitates efficient social interaction and determines how individuals perceive concepts and objects.
However, Schermerhorn and Bachrach (2017) add that Hofstede cautioned against acting on the incorrect assumption that a generic cultural value applies to all members of a certain culture in the same way.
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In Gert Jan Hofstede’s interview of his father Geert Hofstede, Geert defines Power Distance as the __________ relationship or distance between the person at the top (in a higher organizational position) and the person below (in a lower organizational position).
Geert defines power distance as the observed relationship or distance between the person at the top (in a higher organizational position) and the person below (in a lower organizational position).
What do we known as Power distance?Basically, a power distance describes how people belonging to a specific culture view power relationships such as superior/subordinate relationships between the people including the degree that people not in power accept that power is spread unequally.
The term "power distance" is one of the dimensions of Geert Hofstede's cultural dimensions theory but the other dimensions include individualism, masculinity, uncertainty avoidance index and long-term orientation.
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Q1. The goal of the firm is to create value for the company's owners. This is often defined as maximizing shareholder’s wealth. However, is this definition too narrow and overly focused on the short term? Could such a short-term focus create long-term problems for the company? Explain by providing some examples. Do you think this is a problem in UAE?
The policy of wealth maximization serves as an operating management policy. It supports the interests of loan providers, employees, management, and society.
Aside from stockholders, there are short-term and long-term fund suppliers with a financial interest in the company. Short-term lenders are generally interested in liquidity levels in order to get timely payments. Long-term lenders receive a predetermined rate of interest from earnings and have priority over shareholders in exchange for their cash.
As a result, wealth maximization indicates the firm's long-term existence and expansion. According to the aforementioned facts, the firm's purpose is to produce value for the company's shareholders. This is frequently defined as increasing shareholder wealth.
UAE is a visionary country; their goals are not short-term; they think in such a way that their next decade will be magnificent, and they keep modifying things as and when necessary; they have a long-term vision, therefore this would not be a problem for UAE, in my opinion.
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Lewis Company reports the following fixed budget and actual results for May. Prepare a flexible budget performance report showing
variances between budgeted and actual results. (Indicate the effect of the variance by selecting favorable, unfavorable, or no
variance.)
Sales (units produced and sold)
Sales (in dollars)
Variable costs
Fixed costs
For Month Ended May 31
Sales
Variable costs
Contribution margin
Fixed costs
Income
Fixed Budget
1,380
$ 1,200 per unit
$ 480 per unit
$ 152,000
LEWIS COMPANY
Flexible Budget Performance Report
Flexible Budget Actual Results
(1,580 units) (1,580 units)
Variances
Actual Results
1,580
$ 1,961,000
$ 799,000
$ 140,000
Favorable/Unfavorable
Sales were favorable in the given budget.
Variable expenses were unfavorable in the given budget.
Contribution margins were Favorable.
Income was Favorable.
Fixed budget was Favorable.
This is how budget performance would look like.
What is budget performance?
A performance budget is one that reflects both the input of resources and the output of services for each unit of an organization. The goal is to identify and score relative performance based on goal attainment for specified outcomes.
Performance indicators include:
It’s relevanceCost-effectivenessComparabilityRepresentativeHence, this is how budget would be decided on basis of being favorable or unfavorable.
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Art Neuner, an investor in real estate, bought an office condominium. The market value of the condo was $220,000 with a 70% assessment rate. Art feels that his return should be 12% per month on his investment after all expenses. The tax rate is $31.50 per $1,000. Art estimates it will cost $275 per month to cover general repairs, insurance, and so on. He pays a $140 condo fee per month. All utilities and heat are the responsibility of the tenant. Calculate the monthly rent for Art.
Note: Round your intermediate calculations and final answer to the nearest cent.
Monthly rent:?
The monthly rent for Art is 1,062.67
What is the Monthly rent?Generally, The monthly installment of the Minimum Annual Rent plus the monthly installment of projected Annual Operating Expenses that the Tenant is responsible for paying under this Lease is referred to as the Monthly Rent.
In December 2021, the government of Lagos State announced that it planned to begin enforcing a monthly rent system across the state starting in January 2022.
Tenants in the state would no longer be obliged by their landlords to pay their rent one, two, or three years in advance as a result of one of the features of the new Tenancy Laws. This was previously required by the landlords.
The equation for the Assessed Value is
Assessed Value =Value of Property * Rate of Assessment
= 315,000 *70%
=220,500.00
Annual Rent =Tax + Annual General Repair and insurance expense
=$220,500 *[tex]\frac{31.50}{1,000}[/tex]+( 250 /12)+( 120 *12)
=11,385.75
Monthly Rent = Annual Rent / 12$
[tex]\frac{\$ 11,385.75}{12}[/tex]
= $948.81
Monthly Rent of Art = Monthly Rent x (1 + Required return)
= 948.81 *(1+12%)
=1,062.67
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Companies have different demands for ICT applications.
Valuable, but with longer time periods for returns on investment (more than a 12-month
period)
This level is
O
Highly desired
Wanted
Nice to have
Absolute must
Various business needs exist for ICT applications. valuable but with longer return on investment horizons (more than a 12-month period) This level is very sought-after.
What transpires if you keep an asset for more than a year?If you sell an asset more than a year after buying it, you must pay long-term capital gains taxes, which can be paid at a rate of 0%, 15%, or 20%, depending on your filing status or taxable income. The long-term capital gains tax rate, however, is typically lower than the ordinary income tax rate for most persons.
Why is making long-term investments advantageous?Compounding has the potential to be one of the benefits of long-term investing. Here's how it functions: When your investments generate income, those earnings are reinvested and have the potential to increase further. The chance for compounding and growth increases with the length of time your money is invested.
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informtion is unprocessed facts and figures ? true or false
Answer:
FALSE
Explanation:
information is a processed fact or data. while data is an unprocessed fact.
Answer:
false
Explanation:
because it is false
Which is an example of an automated process?
Answer:
Third response
Explanation: It looks like the only right answer
The first step in conducting an STP analysis is
A)
dividing the marketplace into subgroups.
B)
repositioning existing segments.
C)
generating a sum of segments.
D)
targeting potential segments.
Conducting an STP begins with segmenting the market into subgroups. To categorize your clients into groups of people with similar traits and wants, utilize market segmentation. As a result, choice (A) is the right response.
What is STP?A marketing strategy known as segmentation, targeting, and positioning (STP) rethinks how and to whom you should advertise your goods. It improves the emphasis, relevance, and personalization of your marketing communications for your target audience.
When designing marketing communications plans, the STP model is helpful since it enables marketers to prioritize ideas before developing and delivering individualized and pertinent messages to engage with various audiences. Market segmentation, market targeting, and positioning strategy make up the three steps of the funnel.
Hence, Option (A) is accurate.
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Which measure of prices includes all of the final goods and services in a nation's
output?
The GDP deflator measure of prices includes all of the final goods and services in a nation's output.
The implicit price deflator and GDP price deflator are other names for the GDP deflator. It will make it easier to gauge how much the pricing of various commodities and services produced inside an economy have changed. This is also used by economists to compare the real level of economic activity in one economy from one year to the next.
The quantity of goods created in an economy with the use of labor, equipment, and raw materials that are available for sale in the market to customers and contribute to the creation of profit is known as output.
The main quantitative indicator of economic activity is the gross domestic product. It is a measurement of the total market value of all finished goods and services produced within a nation's borders in a given year.
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Assume a company reported the following results:
Sales $ 400,000
Variable expenses 260,000
Contribution margin 140,000
Fixed expenses 40,000
Net operating income $ 100,000
Average operating assets $ 775,000
The return on investment (ROI) is closest to:
The return on investment (ROI) is closest to Residual income = $ 4000
What is the investment?Investment is the ceremonial of money to purchase an asset to attain an increase in value over a time period of time. Investment requires a sacrifice of some present quality, such as time, medium of exchange, or effort. In finance, the purpose of investing is to generate a return from the invested asset.
Margin = 25%
Turnover = 0.67 times
ROI = 16.67%
Residual income = $ 4000
Therefore, The return on investment (ROI) is closest to Residual income = $ 4000
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Select the correct answer.
Excel Tractors Inc.'s opening inventory was $50,000 and the inventory at the end of the year was $65,000. How will this information affect the cas
flow statement (indirect method)?
OA. difference of $15,000 will be deducted from net income
OB.
difference of $15,000 will be added to net income
OC. opening inventory of $50,000 will be added to net income
OD.
closing inventory of $65,000 will be deducted from net income
OE. closing inventory of $65,000 will be added to net income
According to the indirect method, in the Excel Tractors Inc's company difference of $15,000 will be added to net income.
Indirect method:
Indirect method refers the way to present data that shows how much money a company spent or made during a certain period and from what sources and it takes the company's net income and adds or deducts balance sheet items to determine cash flow.
Given,
Excel Tractors Inc.'s opening inventory was $50,000 and the inventory at the end of the year was $65,000.
Here we need to find the information affect the cash flow statement by using the indirect method.
Through the given question, we have identified the following,
Opening inventory = $50,000
Ending inventory = $65,000
So, the difference between these opening and closing inventory,
=> 65000 - 50000
=> 15000
Therefore, the ending inventory is 15,000 increased.
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Julie wants to buy a car and is deciding how she should invest her money. To best meet her needs, she should
keep her money in a checking account for easy access.
invest in US savings bonds because of its short term.
invest in a commodity because of its low risk.
keep her money in a savings account for easy access.
Julie is considering purchasing a car and determining how to invest her money. Because of the short term, she should invest in US savings bonds to best satisfy her needs.
What is US saving bonds?United States savings bonds are liability instruments issued by the United States Department of the Treasury to assist the federal government in meeting its borrowing needs.
Because they are guaranteed by the full faith and credit of the United States government, US savings bonds are regarded as one of the safest investments, it is benefited for the investor to invest in these bonds for short term for more returns.
Therefore, option B is correct.
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There are over 850 occupations that can be learned through an apprenticeship.
Answer:
When evaluating possible careers, you should match the career information you researched to your personal interests and resources. How can you make sure you are being realistic when setting goals?
what is the attitude of people aged 25-35 towards staycation
The attitude of people aged 25-35 towards staycation should be relaxed not really excited, because they are familiar with the environment, also they will engage other home activities ,for example swimming, social gatherings, hiking etc. This would create room for them to be able rest due to the fact that aren't actively involved in much long distance travels.
What is staycation? staycation is when one chooses to stay home during time off or leave instead of travelling
An example of a staycation is visiting a natural resort or local testing as if you were a tourist in your own town. A vacation in which one does not travel away from home.
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A business plans to make 30,000 coats per annum, each taking 1.5 direct labour hours. If
the direct labour rate is $8 per hour and a pay rise of 20% is awarded halfway through the
year, what the is total annual direct labour budget?
A business makes 15,000 coats annually. Each coat taking 1.5 labor hours. The direct labor rate is $8.
Total cost= 15,000X1.5X$8 =$1,80,000 p.a.
What is Total cost?Total cost is the term used to describe the total cost of manufacturing, which includes both fixed and variable costs.
The total cost is the term used in economics to describe the costs involved in producing a good.
A business's cost is frequently the investment made to produce the good or service it sells. Price is a reflection of a customer's willingness to pay for a commodity or service.
First half year labor cost=$1,80,000/2
= $90,000
After rising the price by 15%
Second half year labor cost=$90,000X1.15
=$1,03,000
Total budget=$90,000+1,03,000
=$1,93,000.
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Craig values coruage. Being blank and blank are important to him
Craig values courage. Being brave and honest are important to him.
What values will a courageous person have?A person who is courageous is able to face very frightening events and occurrences with little fear and even if they had fear, they would still face the situation. This is because courageous people are brave in their conduct and manner of behavior.
Being honest is also important to courage people because it can sometimes be very difficult to be honest with the people around you. This therefore means that with Craig valuing courage, honesty and bravery are important to him as well.
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Under what conditions do consumers bear the full burden of an excise tax levied on
the producer?
Answer:
If demand is more inelastic than supply, consumers bear most of the tax burden.
If demand is more inelastic than supply, consumers bear most of the tax burden.
khanacademyorg
gas tax is an excise tax
Inelastic demand means that when the price goes up or down, consumers' buying habits stay about the same when the price goes down, consumers' buying habits also remain unchanged
true for things people really need and have no choice but to spend more like co pays for doctors visits
scholarships are often taxed
investopedia
Please help and read carefully, I attached everything that should be helpful
I attached some examples from the book
You are a manager in an electronics department that sells TVs. Corporate headquarters has provided a new incentive to salespeople—they will receive higher commissions when they sell higher-priced TV models. What should you do to maintain high ethical integrity in your department?
Analyzing the scenario, to maintain high ethical integrity in your department, it is necessary for salespeople to offer all available options to customers, so that they analyze their need.
What are sales techniques?It corresponds to a set of actions and attitudes that sellers can develop to make more sales, such as offering quality service, using emotional and persuasive triggers, as well as negotiation techniques, helping and directing customers to buy a particular good.
To sell the higher priced TV models, sellers could then demonstrate through the product's features all its benefits, payment methods and conditions so that it is aligned with consumers' needs.
Therefore, the technique and strategy of ethical and honest sales is essential to transmit reliability, strengthen relationships and create value for the consumer.
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You are the manager of a monopoly. Your analytics department estimates that a typical consumer’s inverse demand function for your firm’s product is P = 200 – 20Q, and your cost function is C(Q) = 80Q.
a. Determine the optimal two-part strategy pricing strategy.
b. How much additional profit do you earn using a two-part pricing strategy compared with charging this consumer a per-unit price?
A two-part pricing strategy is one that could be realistic or possible for a monopolist or a firm operating in a very imperfectly competitive market.
Specifically, the firm would be selling a homogeneous product to a more-or-less homogeneous clientele with similar demand curves.
What is a per-unit price?Unit pricing is a pricing method by which buyers can evaluate the actual costs of products. A unit price is the price per unit of the product, which can be evaluated for any product, irrespective of how made. Unit pricing has important applications both in the corporate world and in consumer economics.
Therefore, the correct answer is as given above.
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Task 1: Wholesale and Retail Customers
Using a product of your choice list three ways in which sales to wholesale customers would
differ from sales to retail customers.
Type your response here:
Task 2: Pyramid Scheme
Herbalife is a multilevel marketing company that has recently come under criticism from
investors as being nothing more than a pyramid scheme. Using online research, summarize
both sides of this argument in about 300-400 words.
Type your response here:
Who buys the products that are for sale is a major difference between retail and wholesale. The end user or consumer buys the product directly from the retail store in a retail setting. Instead of selling directly to customers, a wholesaler sells goods to other retail establishments.
What is the contrast between a retail and discount credit might you at any point site a model?Who buys the goods being sold is a major difference between retail and wholesale. The consumer, or end user, buys the product directly from the retail store in a retail setting. A wholesaler, on the other hand, sells goods to other retail stores rather than directly to customers.
What is retail trade and wholesale trade?Retail businesses also sell products, but unlike wholesalers, retailers sell products to the general public in small quantities for personal or household consumption. Retailers sometimes sell products to organizations and businesses.
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Answer:
I answered task 1 and gave a video for task 2
Explanation:
I chose to do Shirts as the product of my choice. The first way in which way sales to wholesale customers would differ from sales to retail customers would be wholesale customers buying the shirts in bulk for a discounted price, while retail customers buy from the wholesale customers and sell the shirts to the final buyer. The second way that wholesale customers are different from retail buyers is wholesale customers sell to owners and businesses while retail customers deal with customers and plain Janes. Wholesale and retail customers have big differences as retail customers aim towards 30 % to 50 % profit.
(Please just use this as an idea, you don't learn from cheating!)
Task 2: Use this video there is a ton of information!
https://slidebean.com/story/is-herbalife-a-pyramid-scheme
can i have a help in creating a questionnaire of manipulation's technique in advertising for research paper please?
What is the effect of subliminal advertising on customers?
Can puffery form of advertisement manipulate a customer's choice?
Does the boomerang changes the way consumers feel?
What are manipulative strategies in advertisements?When someone manipulates others, they may be trying to avoid responsibility, conceal their true intentions, or create doubt and ambiguity. Gaslighting, lying, blaming, condemning, and humiliating are just a few of the manipulative techniques that can profoundly affect a person's psychological well-being.
Claims like "greatest (cup of) coffee in the world" or "king of beers" are instances of puffery used in commercial manipulation. While the product's minor users appear to be influenced by the puffery, experts or consumers with a high level of understanding appear to be turned off. Because of their contentious character, many deceptive commercials are challenging to prove.
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What is the culture of Lululemon now?
Answer:
Self -improvment would be the answer
As a human capital mgt, (HND) write a letter to any company of your choice telling then of how you can help them to impact their organization mgt system that fall and help then to improve productivity in the organization structure community.
Based on the content of the questions, writing a letter to any company and telling them how to assist them to impact and improve their organization mgt system that falls will require a Business Application Letter
What is Business Application Letter?A business Application Letter is a form of a letter written by individuals or business firms to explain why one is the perfect fit for the advertised position or the work one wants to execute for the client.
In this case, the Business Application Letter you will write as a human capital manager will include the following:The first paragraph will introduce yourself and your expertise.The second paragraph will explain the cause of the organization's management system that fails.The third paragraph will briefly mention alternative solutions to the organization management system failureThe fourth paragraph will briefly explain how to apply and implement the solution you'll be utilizing for themThe fifth paragraph will state the benefits of employing you for the job.You will then conclude the letter with a salutation and positive expectations from them.Hence, in this case, it is concluded that the correct approach to solve this situation is to write a Business Application Letter.
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