True. One of the key approaches to a low cost (value) strategic thrust/option is to remove all frills and extras from the product or service. By offering a basic, no-frills product or service, companies can reduce their costs and provide a more affordable option for consumers.
This approach is often used by companies that operate in highly competitive markets where price is a primary factor in consumer decision making.
Removing frills and extras can include simplifying product designs, reducing the number of features, limiting product options, and providing less customer service. The goal of these actions is to streamline operations, reduce production and marketing costs, and ultimately provide a lower priced product or service.
This strategy has been successfully implemented by many companies across various industries, such as budget airlines, fast food restaurants, discount retailers, and value-based technology companies. For example, Southwest Airlines offers a no-frills flight experience with lower prices compared to full-service carriers, while fast food chain McDonald's reduces costs by using simple ingredients and limiting menu options.
While this strategy can be effective in attracting price-sensitive consumers, it may not work for all businesses. Companies that rely on high-end branding or premium quality products may struggle to implement a no-frills approach without risking damage to their brand reputation. Additionally, this strategy may not work if consumers are willing to pay a higher price for additional features or services.
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Which image format is good for compressing large, complex images like photos into smaller file sizes? A. GIF B. JPEG C. ODG D. DRAW
Answer: JPEG
Explanation:
JPEG is an acronym that stands for Joint Photographic Experts Group. It is typically used to compress large files sizes into smaller sizes. This enables images to be shared easily. It should be noted that apart from reducing the format size of the image, it also reduces the image quality.
GIF is an acronym for Graphics Interchange Format. It is also used to compress large image files but doesn't compress it as much as a JPEG will do. It also supports animation.
Answer:
B. jpeg :)
Explanation:
comprehensive income represents the increase in net assets resulting from all transactions occurring during the accounting period except transactions with owners. true
Comprehensive income is the change in equity (net assets) of a company over a time period as a result of transactions and other non-owner sources of events and circumstances.
All revenues, losses, profits, and expenses are included in total income.Comprehensive income is calculated as Net Income plus Other Comprehensive Income.Stockholders' equity, retained earnings, and accumulated other comprehensive income are alternate names for comprehensive income.Comprehensive income is the change in equity (net assets) of a company over a time period as a result of transactions and other non-owner sources of events and circumstances.All revenues, losses, profits, and expenses are included in total income.Comprehensive income is calculated as Net Income plus Other Comprehensive Income.Stockholders' equity, retained earnings, and accumulated other comprehensive income are alternate names for comprehensive income.
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Which of the following research strategies uses concept testing?
Responses
Product research
Market intelligence research
Media research
Quantitative research
Concept testing is one of the research methods used in product research.
What is concept testing research?Concept testing is a research technique that entails interviewing consumers about your concepts and ideas for a product or service prior to its actual launch. As a result, you may predict customer acceptance and purchase intent and make important decisions prior to the launch. By gathering feedback from client segments that make up the target market, concept testing surveys assist teams in evaluating product development, an advertising campaign, or even a message or claim. A typical form of qualitative research project that aims to gauge and comprehend what customers are likely to think of a concept or group of concepts.
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which piano is the best for beginners? List 5 best pianoes.
Answer:
1:Yamaha YPT-269
2:Casio PX-770
3:Korg EK-50
4:Roland
5:Go:keys
Answer:
1. Yamaha P-45
2. Yamaha YDP-S34
3. Casio PX-770
4. Korg B1SP
5. Roland RP102
Explanation:
What are the costs and benefits of having
insurance.
Answer:
Improved Health Increases Savings Organized Consistent Check-Ups Safeguarding Finances
Explanation:
You purchased 100 shares of ABC common stock on margin at $70 per share. Assume the initial margin is 50% and the maintenance margin is 30%. Below what stock price level would you get a margin call
A margin call would be issued if the stock price fell below $42.86.
Given initial margin 50% and maintenance margin 30%.
To find the stock price level to get a margin call.
When the value of assets in a brokerage account falls below a specific amount, known as the maintenance margin, the account holder is required to deposit extra cash or securities to fulfil the margin obligations. A margin call is a demand from a brokerage firm to boost the account's equity.
The formula to compute the margin call price is given below:
Margin call =1-Initial margin/ 1-Maintenance margin * purchase price
=1-.50/1-.30*60
=.50/.70*60
=42.86
Therefore, the answer is $42.86.
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are clear and accurate written statements that identify the basic rules and principles (the what and why) used to control and expedite decision making. describe the process by which something is done (the how).
Policies are clear and accurate written statements that identify the basic rules and principles (the what and why) used to control and expedite decision-making. This is further explained below.
What are policies?Generally, A policy may be defined as an intentional set of principles that are used to direct decision-making and produce sensible results. A policy is a declaration of purpose, and the manner in which it is carried out might be either a process or a protocol.
In conclusion, Within any organization, there exists at least one governing body responsible for formulating and enacting policies.
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Why might some investors become careless about their portfolios ?
EPA is part of how to avoid this type of risk?
compliance
operational
strategic
financial
Answer:
A.compliance
Explanation:
1. Buyers, sellers, and producers all have someone else they are competing with for economic benefits. This is known as:
O competition
O monopoly
O collusid
O cartels
Answer:monopoly
Explanation:
Martha works as a senior manager in a bank. The bank has hired 20 new employees. Martha has spent a week defining the roles and responsibilities of each of the new employees. Which crucial management function has Martha performed to increase the bank’s productivity in the future?
Answer:
Leading
Explanation:
Managers have four main functions that include Planning, organizing, leading, and controlling. Martha, as a senior manager in the bank, was performing the leading function.
Leading entails influencing employee behavior to achieve organizational objectives. In this function ,managers use interpersonal skills to communicate, inspire, and motivate their teams.
In this scenario, Martha was using directing as a tool of the leading function to influence new employee behavior. She also applied the coaching technique to make the employees understand their roles.
Answer:
B. Controlling
Explanation:
PLATO EDMENTUM GANG
The founders of the U.S. wanted to avoid establishing a permanent aristocracy or group of wealthy families who could control a great deal of the nation’s wealth. How is this idea related to estate and gift taxes?
Answer:
There are two points that I would like to single out that are very similar. First by implementing tax and gift taxes, Founding Father wanted to weaken families and business of that time, since there was a threat that rich families could become permanent aristocracy which over time could lead to the point where that families will rule the US. Second, by implementing those two taxes, government is taking a share from receivers since the receivers are getting some good that they did not earn it, they have just received it as a gift or as an estate. This way inheritance or gift would be of a much lesser value then it was before someone’s death or before someone made a gift. This was important because wealth of powerful families would just accumulate and grow so government of that time, strictly out of political reasons, prescribed those two taxes, so that the wealth will be smaller of value after tax.
The idea of avoiding an aristocracy by the founders of USA is related to estate and gift taxes because:
There was a need to reduce the influence of the wealthyAccording to the given question, we are asked to show the link which the founders of America had to preventing aristocracy and imposing estate and gift taxes.
As a result of this, we need to remember than an aristocracy is a government based on the wealthy and influential members of the society and this was one of the things which the Founding Fathers of America sought to prevent.
With this in mind, we can see that they imposed gift and estate taxes which was specifically targeted at the extremely wealthy so that their influence would be reduced and the country would not become an aristocracy.
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What should a company do to get immediate customer feedback about a product
Answer:
ig it would be email lol i need points
Will you act immediately on the business opportunity \that you have identified?
Answer:
Yes because once one has found an opportunity one must seize it.
Explanation:
It is not advisable to act immediately on the business opportunity that is determined.
A business opportunity includes the lease or sale of any specific product, equipment, or service that will help or make it possible for the purchaser-licensee to begin a business. It is important to consider certain other factors before immediately acting on the business opportunity that is determined. They are:
Size of the Market Relationships with potential investors or customers Capability to manage the Cash Flow Persistence and Passion Management skillsThus, we can conclude that one must not act immediately on the business opportunity that is determined before properly analyzing different factors associated with it.
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In a small open economy, Desired national saving: S
d
=$25 billion +($400 billion )×r
w
; Desired investment: I
d
=$25 billion −($400 billion )×r
w
; Output: Y=$200 billion; Government purchases: G=$40 billion; World real interest rate: r
w
=10%. a. Find the values of the following variables: (Round all answers to one decimal place. All values in billions of dollars.) National saving =$ a. Find the values of the following variables: (Round all answers to one decimal place. All values in billions of dollars.) National saving =$23 Investment =$17 Net exports =$6 Current account balance =$6 Consumption =$37 Absorption =$69
National saving = $23 billion, Investment = $17 billion, Net exports = $6 billion, Current account balance = $6 billion, Consumption = $37 billion, Absorption = $69 billion.
Desired national saving = Sd = $25 billion + ($400 billion) × rwDesired investment = Id = $25 billion − ($400 billion) × rwOutput = Y = $200 billion Government purchases = G = $40 billion World real interest rate = rw = 10%a) National SavingS = Y - C - G - XNwhere XN is net exports or trade balance S = $200 - $37 - $40 - $6S = $117 billion - $6S = $111 billionb) InvestmentI = S + XNwhere XN is net exports or trade balanceI = $111 + $6I = $117 billion Therefore, the values of the given variables are as follows: National saving = $23 billion Investment = $17 billionNet exports = $6 billionCurrent account balance = $6 billion Consumption = $37 billion Absorption = $69 billion.
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Match the job titles with career clusters executive secretary survey researcher Storage and distribution manager loan officer cargo and freight agent general manager
Answer:
Accountant - Finance
Survey Researcher - Science, Technology, Engineering and Mathematics
Loan Officer - Finance
Cargo and Freight Agent - Transportation, Distribution and Logistics
General Manager - Business Management and Administration
Executive Secretary - Business Management and Administration
Storage and Distribution Manager - Transportation Distribution and Logistics
Purchasing Agent - Manufacturing
Explanation: i took the test and got 100
Matching the job titles with career clusters are Executive Secretary in Business Management and Administration, Survey Researcher in Science, Technology, Engineering and Mathematics.
What are career clusters?Career Clusters provide students with a context for studying traditional academics and learning the skills specific to a career, and provide U.S. schools with a structure for organizing or restructuring curriculum offerings and focusing class make-up by a common theme such as interest.
In the U.S. Department of Education model, 17 Career Clusters link to 70+ more specific Career Pathways each having its knowledge and skills requirements. Within the 70+ career pathways, 1800 Career Specialties are defined. The structure has evolved and may vary by state. Matching more job titles with career clusters are Storage and Distribution Manager - Transportation Distribution and Logistics, Loan Officer Finance, and Cargo and Freight Agent - Transportation.
Further, Distribution and Logistics, General Manager - Business Management and Administration.
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When John, an American, and Qing, a Taiwanese immigrant, worked together, there were many missteps due to unspoken assumptions. Americans tend to prefer working independently, and Chinese value consensus more in decision making______differ from culture to culture. A. Work goals B. Work styles C. Work outcomes
When John, an American, and Qing, a Taiwanese immigrant, worked together, there were many missteps due to unspoken assumptions. Americans tend to prefer working independently, and Chinese value consensus more in decision making Work styles differ from culture to culture.(A)
Work styles differ from culture to culture. In the United States, a traditional workplace culture emphasizes individual achievement and working independently. In contrast, in many parts of Asia, a collective workplace culture emphasizes group achievement and consensus decision-making.
As John and Qing worked together, their individual work styles led to missteps due to unspoken assumptions. This could have been avoided if they had been more aware of the differences in work style between their cultures.
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Debit cards
Pros:
Cons:
Answer:
Pros: their easy to obtain, gets rid of the need to carry cacash to buy things, you can place limits on your spending so you dont overspend, no fee to use, can be used to withdraw cast at ATM's
Cons: some companies systems accept prepaid debit cards, you risk losing money on debit card, easy to gain to your money if card is stolen and PIN is known.
Explanation:
its up to you :)
Potential employers search the Internet for information about job applicants. TRUE or FALSE
Answer:
True
Explanation:
true or false? group insurance is a type of private insurance that anticipates a large group of individuals will purchase insurance through their employer and the risk is spread among those paying individuals.\
This is untrue; group insurance is a form of private insurance that assumes a sizable number of people will purchase insurance through their employer, distributing the risk among those paying individuals.
The majority of people have some sort of insurance, whether it is for their life, their home, or their car. However, the majority of us don't really take insurance the time to consider what insurance is or how it risk operates.
Simply put, insurance is a contract, represented by a policy, under which a policyholder receives monetary protection or payment from an insurance firm against losses. To make payments more manageable for risk the insured, the company pools the risks of its clients.
Insurance policies are used as a hedge against the risk of monetary losses, both large and minor, that may arise from harm to the insured or their insurance property, or from liability for damage or injury given to a third party.
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What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.
Answer:
A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOUThis information relates to Sage Hill Co. 1. On April 5, purchased merchandise from Oriole Company for $26,800, terms 3/10, n/30. 2. On April 6, paid freight costs of $750 on merchandise purchased from Oriole. 3. On April 7, purchased equipment on account for $32,800. 4 On April 8, returned $3,600 of April 5 merchandise to Oriole Company. 5. On April 15, paid the amount due to Oriole Company in full. (a) Prepare the journal entries to record the transactions listed above on Sage Hill Co's books. Sage Hill Co. uses a perpetual inventory system. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually) No. Date Account Titles and Explanation Debit Credit 1. No. 1. 2. 3. 5. Date Account Titles and Explanation Debit 1080 Credit
The payment to Oriole Company in full is recorded by debiting Accounts Payable and crediting Merchandise Inventory for the remaining amount owed ($24,680) and crediting Cash for the amount paid ($2,120).
No. 1. April 5:
Account Titles: Merchandise Inventory
Debit: $26,800
Account Titles: Accounts Payable
Credit: $26,800
No. 2. April 6:
Account Titles: Freight Costs
Debit: $750
Account Titles: Cash
Credit: $750
No. 3. April 7:
Account Titles: Equipment
Debit: $32,800
Account Titles: Accounts Payable
Credit: $32,800
No. 4. April 8:
Account Titles: Accounts Payable
Debit: $3,600
Account Titles: Merchandise Inventory
Credit: $3,600
No. 5. April 15:
Account Titles: Accounts Payable
Debit: $26,800
Account Titles: Merchandise Inventory
Credit: $24,680
Account Titles: Cash
Credit: $2,120
Explanation:
The purchase of merchandise from Oriole Company for $26,800 is recorded by debiting Merchandise Inventory and crediting Accounts Payable.
The payment of freight costs on merchandise purchased from Oriole for $750 is recorded by debiting Freight Costs and crediting Cash.
The purchase of equipment on account for $32,800 is recorded by debiting Equipment and crediting Accounts Payable.The return of $3,600 worth of merchandise to Oriole is recorded by debiting Accounts Payable and crediting Merchandise Inventory.
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On June 2, Year 1, Tory, Inc. issued $500,000 of 10%, 15-year bonds at 98.8. Interest is payable semiannually on June 1 and December 1. Discount at issuance was $6,000. Tory uses the straight-line method to amortize the discount, which does not differ materially from GAAP in this instance. On June 2, Year 5, Tory retired half of the bonds at 98. What is the net amount that Tory should use in calculating the gain or loss on retirement of debt
Answer:
$247,800
Explanation:
Discount on bonds payable = $6,000
The discount on bonds payable should be amortized during the 30 coupon payments = $6,000 / 30 = $200
Only 4 years have passed until the partial redemption of the bonds, $200 x 8 = $1,600 of the discount on bonds payable had been amortized. The carrying value of the bonds = $500,000 - ($6,000 - $1,600) = $495,600
Since 50% of the bonds are being retired, the net amount used to calculate the retirement = $495,600 / 2 = $247,800
A corporation distributes a 10 percent common stock dividend on 30,000 shares issued when the market value of it's common stock is $24 per share and its par value is $2 per share. On the distribution date, a credit _ would be journalized
Answer:6,000
Explanation:
I just took the test
why is ceo. how can we become ceo
Explanation:
we can be a CEO by studying it's very easy answer
Answer:
Step 1: Earn a Bachelor's Degree. The typical first step toward a career as a CEO is to obtain a bachelor's degree. ...
Step 2: Build On-the-Job Experience. The position of CEO must be worked up to on a professional level. ...
Step 3: Earn a Master's Degree (Optional)
Explanation:
Ben Thomas is earning an annual salary of $15,090 at Custom Stereos. He has been offered a job at the local Ford dealer for $16,660 annually. How much more would Ben earn per week if he accepts the position at the Ford dealer?
Answer:
$30.2
Explanation:
The current annual salary for Ben Thomas is $15,090. the weekly salary will be $15,090 divide by 52
=$15,090 / 52
=$290. 2
The new annual salary at the Ford dealer is $16,660
Weekly salary is the annual salary divided by 52
= $16,660 / 52
=$320.4
Ben Thomas will earn much more by:
=$320.4 - $290. 2
=$30.2
If you were to develop a test to determine who would be most satisfied with their jobs, you would probably develop a test that would identify people with a high level of:
if you were to develop a test to determine who would be most satisfied with their jobs, you would probably develop a test that would identify people with a high level of job engagement or job satisfaction.
such a test might include questions related to factors such as intrinsic motivation, fulfillment, work-life balance, positive relationships with colleagues, opportunities for growth and development, and alignment between individual values and organizational culture. By assessing these dimensions, you could gain insights into individuals' likelihood of being satisfied with their jobs.
a test that measures job engagement and satisfaction through various factors can help identify individuals who are more likely to experience satisfaction in their jobs.
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Which one of the following best describes the role of a financial intermediary? O Financial intermediaries collect large surpluses from a few suppliers of capital and lend those funds in small amounts to numerous demanders of capital.O Financial intermediaries match suppliers of capital with demanders of capital so they can directly exchange funds.O Suppliers of capital are hesitant to individually accept the credit risk associated with lending to demanders of capital.O Demanders of capital normally need funds for a short period of time.
O Suppliers of capital are hesitant to individually accept the credit risk associated with lending to demanders of capital.
what is a quality certification and why is it important
Answer:
It is important because they indicate that buyers and procurement professionals are dealing with a manufacturer that has reached the highest standards in the industry
Salanoia purchased PPE on Jan 1, 2020 for $2,161,000. The production teams estimates that the asset will be used for 5 years, after which it can be sold for $173,000. Based on these estimates, what is the book value of this asset at the end of 2020 if the company uses the sum-of-the-year's-digits method for calculating depreciation?
A: $662,667
B: $1,325,333
C: $1,498,333
D: $1,861,333
Therefore, the book value of this asset at the end of 2020 if the company uses the sum-of-the-year's-digits method for calculating depreciation is option A: $662,667.
Depreciation is a method to reduce the carrying value of an asset over time, and it reflects an asset's declining value.
A company's depreciation expense decreases the total amount of its equity.
In this question, Salanoia purchased PPE on January 1, 2020, for $2,161,000, and the production team estimates that the asset will be used for 5 years, after which it can be sold for $173,000.
Given these estimates, the book value of this asset at the end of 2020 using the sum-of-the-year's-digits method for calculating depreciation is as follows: The sum of the digits for five years is as follows:1 + 2 + 3 + 4 + 5 = 15In this method, the depreciation expense for each year is calculated by dividing the remaining useful life of the asset by the sum of the digits.
The book value of the asset is then calculated by subtracting the accumulated depreciation from the cost of the asset.
Year 1:Depreciation expense = (5 - 1 + 1) / 15 x $2,161,000 = $646,333Book value = $2,161,000 - $646,333 = $1,514,667 Year 2:Depreciation expense = (5 - 2 + 1) / 15 x $2,161,000 = $430,889Book value = $2,161,000 - $1,077,222 = $1,083,778 Year 3:Depreciation expense = (5 - 3 + 1) / 15 x $2,161,000 = $323,167 Book value = $2,161,000 - $1,400,389 = $760,611 Year 4:Depreciation expense = (5 - 4 + 1) / 15 x $2,161,000 = $215,444Book value = $2,161,000 - $1,615,833 = $545,167Year 5:Depreciation expense = (5 - 5 + 1) / 15 x $2,161,000 = $107,722.
Book value = $2,161,000 - $1,723,556 = $437,444.
Therefore, the book value of this asset at the end of 2020 if the company uses the sum-of-the-year's-digits method for calculating depreciation is option A: $662,667.
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