2. Choose a well-known company that you know of, and describe its direct and indirect competitors. Describe at least 2 direct competitors and 2 indirect competitors. (1-5 sentences. 4.0 points)
3. Describe at least 3 nonprice competition strategies a company could use to convince customers that its product is better than other similar products. Why would those strategies matter to customers? (1-6 sentences. 3.0 points)
4. Describe a real or made up but possible example of a product that went through a time of scarcity. What was likely to happen to the price of the product when it was scarce, and why? (1-3 sentences. 3.0 points)
5. Describe a product you know of that has elastic demand. Why is the demand for this product elastic? Explain. (1-3 sentences. 3.0 points)
Answers
The product can be Pizza Hut. Pizza Hut's immediate competitor is Domino's as they have the same price range and demand, while Burger King, McDonald's, and other burger chains are its indirect competitors.
Superior craftsmanship also means getting a product that is worth your money rather than a commodity that is cheap and breaks after one use. Having a pleasant, intriguing, and accessible website that buyers can access whenever they want to browse your products is a sign of a better. web presence.
Apple is a real or fictitious but conceivable example of a good that experienced a period of unavailability. As a result of nature, the plants were destroyed
Consumer durables are a case of goods with elastic demand. These are products that can be delayed if prices increase and are frequently bought, namely a washing machine.
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Related Questions
If any body wants to be doctor ; what else does he need to do?
Answers
Answer:
go to med school
Explanation:
.........
If a sales promotion increases an organization's profits, it means it has fixed any problems with the marketing plan.
Answers
The correct answer to this open question is the following.
Although there are no options attached or further context, we can say the following.
If a sales promotion increases an organization's profits, it means it has fixed any problems with the marketing plan.
Not really, it only means that the sales promotion was effective up to the degree of the goals established in the plan. But this doesn't mean that it has solved all the problems with a marketing plan
The marketing plan is a more large and complete document that includes many different strategies, tactics, and action programs. The sales promotion is only one aspect or program of the marketing mix included in the plan.
Q2. Define political behavior. Why is politics a fact of life in organizations?
Answers
Human conduct that involves politics and power is known as political behavior. Karl Deutsch and Theodor Adorno are two theorists who have influenced this area.
Because organizations are made up of diverse interests that need to be coordinated, politics are an aspect of organizational life. In fact, 93% of managers who responded to the survey said that there are politics at work, and 70% of them said that playing the system was necessary for success. That someone is "political" in a negative context typically conjures up notions of underhanded dealing, manipulation, or secret objectives for personal advantage. One who exhibits these kinds of political actions is deemed to be acting selfishly and against the organization's rules.
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Five hair stylists at a salon perform 12 haircuts in two hours. One of the stylists,
Francesca, is leaving the salon after 10 years. Francesca usually performs 2
haircuts per hour. Which of the answer choices is correct?
Answers
The salon's average product of labor will decrease when Francesca leaves the salon in the given circumstances.
How is the average product of labor determined?The average product of labor (APL) gauges the typical output of each employee. The total product is simply divided by the workforce. The total output of labor divided by the quantity of workers employed, or Q/L, yields the average product of labor (APL). A popular metric for assessing labor productivity is the average product of labor.
The form of the AP curve on the left suggests that as more workers are hired, AP initially increases to a maximum before decreasing. The average output (or products) that each input produces is referred to as an "average product", factors of production like labor and land.
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In practice the US consumer price index (CPI) appears toa. Understates inflationb. understates quality changec. Ignores many new goodsd. understates real wage growth.e. All of the above.
Answers
Answer: (E) All of the above.
Explanation: In practice, the US Consumer Price Index (CPI) appears to have several limitations, which can be summarized as :
1. Understates inflation: CPI may not capture the full extent of inflation because it is based on a fixed basket of goods and services. When consumers substitute cheaper products for more expensive ones, the index may not fully reflect the actual change in the cost of living.
2. Understates quality change: CPI may not adequately record quality improvements in products, leading to an understatement of the true value consumers receive.
3. Ignores many new goods: As new products and services are introduced, they may not be immediately included in the CPI basket, leading to an inaccurate representation of consumer spending patterns.
4. Understates real wage growth: If CPI understates inflation, it can result in an overstatement of real wage growth, giving a misleading impression of the financial well-being of consumers.
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You are considering buying a share of stock in a firm that has the following two possible payoffs with the corresponding probability of occurring. The stock has a purchase price of $15.00. You forecast that there is a 40% chance that the stock will sell for $30.00 at the end of one year. The alternative expectation is that there is a 60% chance that the stock will sell for $10.00 at the end of one year. What is the expected percentage one−year return on this stock, and what is the return standard deviation?
Answers
Answer and Explanation:
The computation is shown below;
Purchase price = $15.00
Forecasted price of $30.00 with probability of 40%:
Now
Rate of Return = (Selling Price - Purchase Price) ÷ Purchase Price
= ($30.00 - $15.00) ÷ $15.00
= 100.00%
And,
Forecasted price of $10.00 with probability of 60%:
Now
Rate of Return = (Selling Price - Purchase Price) ÷ Purchase Price
= ($10.00 - $15.00) ÷ $15.00
= -33.33%
Now
Expected Return = 0.40 × 1.0000 + 0.60 × (-0.3333)
= 0.20 or 20.00%
and,
Variance = 0.40 ×(1.00 - 0.200)^2 + 0.60 × (-0.3333 - 0.200)^2
= 0.426645
Finally
Standard Deviation = (0.426645)^(1 ÷ 2)
= 0.6532 or 65.32%
Communicating with people you know or meet to share information or advice about a job defines
a contact list
b. job leads
C. networking
d career fair
Answers
Answer:
C
Explanation:
Answer:
c
Explanation:
Which of these statements about a business plan is true?
A. Businesses do not need to document a business plan.
B. Established businesses do not create a business plan.
C. A business plan is a business’s roadmap for the future.
D. A business plan guarantees a business’s success.
Answers
Answer:
The correct answer would be option C, A business plan is a business's road map for the future.
Explanation:
A business plan is basically a written document, in which the goals of the company are written down. The methods to achieve those goals are also written down and the time to achieve the goals are specified. Goals with timelines and deadline are written. This helps a business in setting up a road map to move towards the set goals of the company. Established businesses always create and follow business plans as business plans guarantee a business's success.
Answer: C. A business plan is a business’s roadmap for the future.
Make a list of getting information about employment an publishes.
Answers
( GETTING LIST OF INFORMATION ABOUT EMPLOYMENT AND PUBLISHES : )
-Personal contacts.
-School career planning and placement offices.
Classified ads.
-National and local newspapers. Professional journals.
-Trade magazines.
-Internet networks and resources.
-State employment service offices.
-Federal government.
-Professional associations.
-Labor unions.
Which of these should not affect your personal finance decisions?(1 point)
Responses
your character
your lifestyle goals
your tolerance for risk
your language
Answers
Answer:
I think it's your language
Answer: 1. the ability to understand how to make sound financial choices so you can confidently manage and grow your money
2.the CEO of The Finance Bar
3.the financial management which an individual or a family unit performs
4.your language
5. -a notebook for your homework
-lunch brought from home
Explanation: I took the quick check
A mutual fund Select one: a. is an institution that sells shares to the public and uses the proceeds to buy a selection of various types of stocks, bonds, or both stocks and bonds. b. is a financial market where small firms mutually agree to sell stocks and bonds to raise funds. c. sells stocks and bonds on behalf of small and less known firms who would otherwise have to pay high interest to obtain credit. d. is funds set aside by local governments to lend to small firms who want to invest in projects that are mutually beneficial to the firm and community.
Answers
Answer:
c
Explanation:
sells stocks and bonds on behalf of small and less known firms who would otherwise have to pay high interest to obtain credit. d. is funds set aside by local governments
what if all countries/ nations decide not to trade with each other. is it feasible or not? elaborate. support your answer with facts/reasoning.
Answers
Such a scenario would have significant negative consequences for global economies and societies, as trade plays a crucial role in promoting economic growth, enhancing living standards, and fostering international cooperation.
Trade is a fundamental driver of economic growth and development. Nations engage in trade to access goods, services, and resources that are not readily available domestically, leading to specialization and increased efficiency. By limiting trade, countries would lose access to a wide range of products and resources, leading to reduced consumer choices and higher prices.
Moreover, trade fosters interdependence and cooperation among nations. It encourages diplomatic relations, cultural exchange, and mutual understanding. By engaging in trade, countries develop economic ties that can help prevent conflicts and promote peace.
While countries may adopt trade policies to protect specific industries or address concerns, an outright cessation of trade is neither feasible nor desirable due to the significant negative impacts it would have on global prosperity and cooperation.
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what is the difference between ebitda and free cash flow
Answers
The main difference between EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) and Free Cash Flow is that EBITDA measures a company's operating performance before deducting non-operating expenses, while Free Cash Flow represents the cash generated by a company's operations after deducting all expenses.
EBITDA is a measure of a company's profitability and operating performance. It calculates the earnings generated by the core operations of a business before accounting for interest expenses, taxes, depreciation, and amortization. EBITDA provides an indication of a company's ability to generate operating income.
On the other hand, Free Cash Flow represents the cash generated by a company's operations that is available to be distributed to investors, reinvested in the business, or used to pay down debt. It is calculated by subtracting capital expenditures and changes in working capital from operating cash flow.
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to some marketers and company executives, the only measure that should be used to evaluate marketing is:
Answers
To some marketers and company executives, the only measure that should be used to evaluate marketing is sales.
Sales are actions involving the exchange of products or the quantity of merchandise exchanged over a predetermined period of time. A service that is rendered for a charge is also included in a sale.
The term "sales" is used to describe all actions taken to sell a good or service to a customer or business. However, in actuality, it symbolizes much more. To close a sale successfully, a lot of work must be put into finding prospects, developing relationships, and offering consumers solutions.
Marketing metrics show how well marketing efforts adhere to important performance criteria and evaluate their effectiveness (KPIs). Without them, marketing teams would be unable to assess the success of their marketing strategy. They are among the most important elements of every campaign.
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Question 5 of 10
One example of a short-term savings strategy is:
A. a free checking account.
B. an employer-sponsored 401(k) plan.
C. a low-interest bank account.
D. a high-risk stock market investment.
SUBMIT
Answers
Answer:
A. a free checking account.
Explanation:
Saving involves putting money aside in a safe place for future use. Banks and financial institutions offer saving accounts as safe and secure platforms for firms and individuals to save.
A checking account is among the types of savings accounts offered by financial institutions. This type of savings account allows customers to save money that they do not wish to spend immediately. A checking account is risk-free and, therefore, a good strategy for short term saving.
Answer:
a low-interest bank account.
Explanation:
i got this right
What are some reasons that a bank statement might not match a cash balance of a business's records? Choose all answers that are correct.
Question 1 options:
posted payments on credit cards
bank errors
outstanding deposits
service charges
recorded checks
outstanding checks
Answers
Answer:
outstanding deposits, outstanding checks, posted payments on credit cards
Explanation:
Bank errors, Outstanding Deposits, Service Charges, and Outstanding checks are some reasons that a bank statement might not match the cash balance of a business's records. The correct options are B, C, D, and F.
What information does a bank statement provide?Name, address, account number, and bank branch information are all listed on bank statements for account holders. Additionally, a summary table that displays the statement's time frame, opening and closing bank balances, deposits made to the account, refunds, and cash withdrawals is included. In addition, fines levied by your bank as well as declined or canceled payments will appear on your statements.
Differences between the two records could be the result of Deposits in transit: The firm may have received cash or cheques, but the bank may not have yet recorded them. Outstanding checks are ones that have been issued but have not yet been processed. Bank service fees: Banks frequently deduct service fees.
Thus, the ideal options are B, C, D, and F.
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Historically, what was the main economic activity found in barcelona?
Answers
The main economic activity historically found in Barcelona was textile manufacturing and trade. Barcelona, due to its strategic location, played a significant role in the Mediterranean trade network, with a focus on textile production, particularly in the 18th and 19th centuries.
The main economic activity historically found in Barcelona was trade and commerce due to its strategic location on the Mediterranean Sea. However, in the late 19th and early 20th centuries, Barcelona experienced a significant industrial boom, particularly in the textile and manufacturing sectors. This led to the city becoming a major center for the production and exportation of goods, which greatly contributed to its economic growth and development. Overall, while trade and commerce were historically the main economic activities in Barcelona, the city's industrialization brought about a significant shift in its economic focus.
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Dominic lists his camera for sale on an online auction site. Chloe is the highest bidder and purchases the camera. How does the auction site earn its revenue through the transaction?.
Answers
Here, the auction site earn its revenue through the payment made by Dominic which is a small fee to the auction site
What is the small fee here?In this case, the small fee refers to the operating cost paid to enable him auction his camera far sale at the auction site.
In conclusion, the auction site earn its revenue through the payment made by Dominic which is a small fee to the auction site.
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Question 6 of 20
What is outsourcing?
A. Keeping trade secrets from competing organizations
B. Hiring workers outside the company to work on a temporary basis
C. Maintaining a balance between work life and personal life
O D. Sending instructions to a computer in another location
Answers
Explanation:
“Outsourcing is an agreement in which one company hires another company to be responsible for a planned or existing activity that is or could be done internally, and sometimes involves transferring employees and assets from one firm to another”
Where should a worker go for equipment to help put out a small fire?
Where could a supervisor get a bandage for a worker with a cut hand?
Where should a supervisor go to call for an ambulance after a worker breaks a leg?
Answers
Answer:
a. the front east wall
b. the floor manager’s office
c. the employee cafeteria
Explanation:
(A) A worker should go for tools to support putting out a small fire on the front east wall. DON’T pick individual belongings: Fires spread fast.
Who is Supervisor?
(B) A supervisor obtains a bandage for an employee with a cut hand in the floor supervisor’s office.
(C) A manager goes to call for an ambulance after an employee breaks a leg in the employee cafeteria.
While it’s comprehensible that employees will be shocked during a fire, keeping a level leader is important to survival. Fortunately, manipulating fire drills should support provide a calm reaction since everyone will comprehend exactly what to do.
Wrap the wound with a bandage, stay away from food and prep spaces, protect the hand with a glove and finger cot, and protect the wound with a bandage and a glove or a finger cot.
we would extremely advise you to directly administer First Aid and call an ambulance if somebody: Appears not to be breathing, is holding chest pain, working to breathe, or breathing strangely -appearing to ‘suck in’ below their rib cage and utilizing different muscles to support them to breathe.
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The EpiPen is a life-saving device that is used by people with severe allergies. The U.S. manufacturer of the EpiPen raised its price by nearly 25% per year for nearly a decade. For each price increase of 25%, would quantity demanded change by more or less than 25%? The price of hand sanitizer is higher because of the coronavirus scare. What would this do to the demand curve for liquid soap (a substitute for hand sanitizer)? Increase the demand Decrease the demand Has no effect on demand
Answers
The volume demand would alternate by way of less than 25%, as the EpiPen is an vital proper to men and women with extreme allergies.
What Is the Demand Curve?The demand curve is a graphical illustration of the relationship between the charge of a true or provider and the volume demanded for a given period of time. In a ordinary representation, the fee will show up on the left vertical axis, the extent demanded on the horizontal axis.
Demand curve has two types person demand curve and market demand curve. It shows a graphical illustration of demand schedule. It can be created by way of plotting charge and quantity demanded on a graph. In demand curve, the rate is represented on Y-axis, while the extent demanded is represented on X-axis on graph.
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https://brainly.com/question/1139186#SPJ4Describe some of the characteristics of federal student loans.
Answers
Answer:
Interest rates on federal loans are fixed. The interest rates on private student loans can be variable or fixed and are usually higher.
Undergraduate borrowers who can demonstrate financial need could receive a federal subsidized loan, meaning the government pays the interest until you graduate.
Federal loans offer flexible repayment options and loan forgiveness programs. Private loans have few repayment options and no loan forgiveness programs.
Federal loans don’t have to be repaid until you graduate or drop below half-time status as a student.
Explanation:
Hope this helps you if it does please mark brainiest
Mort Silver owns a home. He estimates his expenses as mortgage interest, $10,180; property taxes, $3,690; insurance, $833; depreciation, $3,800; maintenance and repairs, $900; lost interest income, $2,375; and utilities, $2,450. He expects to save $3,700 in income taxes. What is his net cost of home ownership?
Answers
Answer:
$17,528.00
Explanation:
The net cost of home-ownership will be the expenses minus savings.
Mortgage interests: $10,180
Property taxes :$3,690
Insurance :$833
Depreciation :$800
Maintenance and repairs :$900
Loss interest income :$2,375
Utilities: $2,450
The total expenses
= $10,180 + $3,690 + $833 + $800 + $900 + $2,375 + $2,450
=$21,228
Savings
=$21,228 - $3,700
=$17,528.00
what occurs when the free market is not able to allocate resources and goods and services efficiently
Answers
Answer: Market failure
Explanation:
When the free market is not able to allocate resources and goods and services efficiently, this situation is referred to as market failure.
Market failure brings about disequilibrium in the market as the quantity supplied and the quantity demanded aren't in equilibrium anymore as there's market distortion. It takes place when the quantity of good. The distortion may be as a result of monopoly power.
According to Walt Rostow's modernization model, a country becomes developed when __________. A. it becomes agriculturally self-sufficient B. it mobilizes capital for business investments, thereby increasing its exports C. it has a high literacy rate and widespread access to education for people of all social classes D. it has an economy based on the production of goods and services demanded by the global economy Please select the best answer from the choices provided. A B C D
Answers
A country becomes developed according to Walt Rostow's when : An economy based on the production of goods and services demanded by the global economy.
What is economic development?Economic development can be defined as increase in the income and standard of living of people in a country. It means enhancing the prosperity and quality of life for all residents within a country.
According to Walt Rostow's, when there is global demand for a country's produce, there is an economic development.
Hence, a country becomes developed according to Walt Rostow's when an economy based on the production of goods and services demanded by the global economy.
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Answer:
D
Explanation:
it has an economy based on the production of goods and services demanded by the global economy
Answers:
a. jessica bought 1/4 yard more than derek
b.jessica bought 2 1/4 yards more than derek
c. derek bought 1/4 yards more than jessica
d. derek bought 2 1/4 yards more than jessica
Answers
The question provides us with four different statements regarding the amount of fabric purchased by Jessica and Derek. Let's break them down one by one and determine which statement is correct. a. Jessica bought 1/4 yard more than Derek: This statement implies that Jessica purchased a larger amount of fabric than Derek, but only by 1/4 of a yard. For example, if Derek bought 2 yards of fabric, Jessica would have bought 2 and 1/4 yards.
This statement is plausible and could be the correct answer. b. Jessica bought 2 1/4 yards more than Derek: This statement suggests that Jessica bought a significantly larger amount of fabric than Derek, a difference of 2 and 1/4 yards. If Derek purchased 2 yards of fabric, then Jessica would have bought 4 and 1/4 yards. This statement is not likely to be true since it implies a large difference between the two amounts. c. Derek bought 1/4 yard more than Jessica: This statement implies that Derek purchased a slightly larger amount of fabric than Jessica, but only by 1/4 of a yard.
For example, if Jessica bought 2 yards of fabric, Derek would have bought 2 and 1/4 yards. This statement is plausible and could be the correct answer. d. Derek bought 2 1/4 yards more than Jessica: This statement suggests that Derek bought a significantly larger amount of fabric than Jessica, a difference of 2 and 1/4 yards. If Jessica purchased 2 yards of fabric, then Derek would have bought 4 and 1/4 yards. This statement is not likely to be true since it implies a large difference between the two amounts. Therefore, based on the given options, the most plausible answer is (a) Jessica bought 1/4 yard more than Derek. Jessica bought 1/4 yard more than Derek Jessica bought 2 1/4 yards more than Derek Derek bought 1/4 yards more than Jessica Derek bought 2 1/4 yards more than Jessica I would need more context or information about the situation. Jessica bought 2 1/4 yards more than Derek: This statement suggests that Jessica bought a significantly larger amount of fabric than Derek, a difference of 2 and 1/4 yards. If Derek purchased 2 yards of fabric, then Jessica would have bought 4 and 1/4 yards. This statement is not likely to be true since it implies a large difference between the two amounts. Please feel free to provide additional details or ask another question if you need further clarification.
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A tire manufacturer produces tires at a variable cost of $25 per unit. The plant has annual sales of $480,000 at a price of $40 per unit. Find the breakeven point in units of production. The annual fixed costs for the plant are $150,000.
Answers
To find the breakeven point in units of production, we need to determine the number of units that need to be produced and sold to cover the fixed costs and variable costs.
The formula to calculate the breakeven point in units is:
Breakeven Point (in units) = Fixed Costs / Contribution Margin per Unit
First, let's calculate the contribution margin per unit:
Contribution Margin per Unit = Price per Unit - Variable Cost per Unit
= $40 - $25
= $15
Next, we can calculate the breakeven point:
Breakeven Point (in units) = $150,000 / $15
= 10,000 units
Therefore, the breakeven point in units of production for the tire manufacturer is 10,000 units. This means that the company needs to produce and sell 10,000 units of tires to cover all its fixed costs and variable costs and break even.
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Scene: A savvy investor has a mix of stocks and bonds in their investment portfolio. Why would it be a good idea to mix stocks and bonds in your investment portfolio?
Answers
Answer:
Explanation:
It wouldn't now, unless you are very wealthy. Interest rates are very low and you would have to go into the junk bond market to get any kind of decent return. But Junk Bonds are or can be very unstable and you get a high return for a very chancy situation.
I think I know what the question wants you to understand. You need something that will provide with income. You just don't want to deal with bonds. There are stocks around that pay dividends; they are very conservative and if they go down, that will be the least of your problems.
You can then devote your resources to capital gains or pure stocks: no interest payments, but the stock itself goes up. There is a whole different tax system for capital gains.
You should also get some gold or silver as insurance.
Since you have asked about stocks and bonds, I have not said anything about cryptos. That's an option, but you have to be very knowledgeable because those things can be an investment nightmare.
3. Question 3 Fill in the blank: Working for companies _____ means you'll work on a project-by-project basis, but not as a full-time employee.
Answers
Answer:
on a contract
Explanation:
An employee can be defined as an individual who is employed by an employer of labor to perform specific tasks, duties or functions in an organization.
Basically, an employee is saddled with the responsibility of providing specific services to the organization or company where he is currently employed while being paid a certain amount of money hourly, daily, weekly, or monthly depending on the contractual agreement between the two parties (employer and employee).
Any employee working for companies on a contract simply means or implies that, he or she work on a project-by-project basis rather than as a full-time employee.
For instance, a freelancer is someone who offers or provides his or her service to other employer of labor (business organization) without entering into a long-term contractual agreement.
Given the current status of the U.S. economy—a slow recovery from a severe, pandemic-induced economic downturn, relatively high unemployment, moderate inflation, and an enormous national debt level—what aggregate demand policy would you recommend as the single most important course of action needed to address the current status of the U.S. economy?
Why do you believe that your recommended course of action will be successful in improving the current performance level of the U.S. economy?
Answers
To address the current state of the U.S. economy, implementing expansionary fiscal policy through increased government spending and/or reduced taxes would be recommended. This can stimulate spending, boost aggregate demand, and improve economic performance.
Based on economic principles, during a slow recovery with high unemployment, a recommended aggregate demand policy would be an expansionary fiscal policy. This involves increasing government spending and/or reducing taxes to stimulate consumer and business spending, thus boosting aggregate demand.
Expanding government spending can create job opportunities, leading to increased employment levels. Reducing taxes puts more money in consumers' pockets, encouraging them to spend more, which can further stimulate economic activity. These measures aim to increase overall spending, leading to increased production, job creation, and economic growth.
The effectiveness of expansionary fiscal policy depends on various factors such as the magnitude of the stimulus, timing, and efficiency of spending. It also requires careful management to ensure fiscal sustainability and avoid excessive inflation or further accumulation of the national debt. Implementing such policies alongside measures to address structural issues and promote long-term economic growth can contribute to improving the overall performance of the U.S. economy.
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