At a gas station where people can pay in cash or by credit card, 20% of people pay by credit card and 80% of people pay cash. a gallon of gas costs $4.00 if paid by card and $3.50 if paid by cash. what is the expected revenue for a gallon of gas sold at this station? a. $3.50 b. $3.85 c. $3.60 d. $3.75
Answers
The expected revenue for a gallon of gas sold at this station is c) $3.60.
Since we've stated that
The percentage of people who pay by credit card = 20% = \(x_{1}\) = 0.2
And the percentage of people who pay by cash = 80% = \(x_{2}\) = 0.8
A gallon of petrol costs = \(p(x_{1})\) = $4.00 when paid for with a credit card.
A gallon of petrol costs = \(p(x_{2})\) = $3.50 when paid in cash.
As a result, the expected revenue for a gallon of petrol sold at this station is given as,
E(x) = Σ xp(x)
E(x) = 0.2 * 4 + 0.8 * 3.5
E(x) = 0.8 + 2.8
E(x) = 3.60
Hence, the expected revenue for a gallon of petrol sold at this station is $3.60.
The anticipated revenue is equal to the anticipated income minus the anticipated cost. The expected income is equal to the average service charge collected from users.
To know more about expected revenue:
https://brainly.com/question/30378520
#SPJ4
Related Questions
swan textiles inc. produces and sells a decorative pillow for $97.50 per unit. in the first month of operation, 2,300 units were produced and 1,900 units were sold. actual fixed costs are the same as the amount budgeted for the month. the fixed cost budget is based on the production of 2,300 units. other information for the month includes: variable manufacturing costs $22.00 per unit variable marketing costs $7.00 per unit fixed manufacturing costs $16 per unit administrative expenses, all fixed $20.00 per unit ending inventories: direct materials 0 wip 0 finished goods 400 units what is the contribution margin using variable costing?
Answers
The contribution margin using variable costing can be calculated by subtracting the total variable costs from the sales revenue.
To calculate the contribution margin using variable costing, we need to determine the total variable costs and subtract them from the total sales revenue.
Total variable manufacturing costs = Variable manufacturing costs per unit * Number of units produced
Total variable manufacturing costs = $22.00 * 2,300 units
Total variable marketing costs = Variable marketing costs per unit * Number of units sold
Total variable marketing costs = $7.00 * 1,900 units
Total variable costs = Total variable manufacturing costs + Total variable marketing costs
Contribution margin = Sales revenue - Total variable costs
Sales revenue = Selling price per unit * Number of units sold
Given:
Selling price per unit = $97.50
Number of units sold = 1,900
Now, let's calculate the contribution margin:
Total variable manufacturing costs = $22.00 * 2,300 = $50,600
Total variable marketing costs = $7.00 * 1,900 = $13,300
Total variable costs = $50,600 + $13,300
Sales revenue = $97.50 * 1,900
Contribution margin = Sales revenue - Total variable costs
Therefore, the contribution margin using variable costing can be calculated by subtracting the total variable costs from the sales revenue.
To know more about contribution margin :
https://brainly.com/question/32772728
#SPJ4
__________ do not actually produce goods, but they do provide their customers with time, place, and possession utility by making goods available when and where consumers want them.
Answers
Retailers do not actually produce goods, but they do provide their customers with time, place, and possession utility by making goods available when and where consumers want them.
What is retailing?Retailing is the sale of goods or merchandise from a fixed location, such as a department store, boutique, or kiosk, or by mail or online sales.
It is a distribution mechanism that links the producer to the consumer, with the retailer playing a vital role in making sure goods are available at the right time and place, as well as providing other utilities such as possession and information.
Retailers can buy products from producers or wholesalers and sell them to consumers at a higher price in order to make a profit.
They play a critical role in the economy by assisting manufacturers in getting their products to market and providing consumers with access to the products they need.
Learn more about retailing here:
brainly.com/question/17613245
#SPJ11
so whos gonna help me with my family and consumer science finals :/
Answers
$50,000 in cash values more than $50,000 on a cheque.
True
False
Answers
i need the answer correct and answer should be 1000 words
Question 3
You are a Construction Project Manager (CPM) in a construction
company, QCR contractors. JD Ltd is new to the construction
industry
Answers
As a Construction Project Manager (CPM) in a construction company, QCR contractors, working with JD Ltd that is new to the construction industry, there are several aspects that need to be taken into account.
The project's successful completion. The risks should be documented in a Risk Register and managed using a risk management plan. This plan should outline the risk identification, risk assessment, risk response, and risk monitoring and control strategies.
In conclusion, working with JD Ltd, who is new to the construction industry, requires a Construction Project Manager to establish a robust project management plan that outlines the project's scope, objectives, timelines, budget, and quality standards. The Construction Project Manager should also establish a communication plan, develop a project schedule, and manage risks that may affect the project's successful completion.
To know more about Construction visit :
https://brainly.com/question/791518
#SPJ11
Net Income ($82)
Charges in Working Capital $100
FCFO
$[?]
$150
Fill in the blanks
on this financial
statement.
Disposal of PPE
Purchase of PPE
FCFI
Issuance of Stock
($27)
$[ ]
$540
Dividend Payment ($110)
Issuance of Debt
$68
Debt Repayment ($25)
Interest Expense
($75)
FCFF sĩ
Total FCF $[
![Net Income ($82)Charges in Working Capital $100FCFO$[?]$150Fill in the blankson this financialstatement.Disposal](https://i5t5.c14.e2-1.dev/h-images-qa/contents/attachments/fpCbjSVfQ7LnbsXDrgjfwioC86iG5J7F.png)
Answers
FCFO = $182
FCFI = $216
FCFF = $ -82
Total FCF = $583
What are the above terminologies and how did we arrive at the answers?FCFO - Free Cahs Flow to Firm is derived by adding Net Income to Charges in Working Captial
= $82 + $100
= $182
FCFI - Free Cash flow to Firm (Investing
= Disposal of PPE - Purchase of PPE + Issuance of Debt + Debut repayment
= 150 - 27 + 68 + 25
= $216
FCFF = Free Cash Flow to Firm
= Dividend payment + Interst Exprense + FCFI
= $110 + 75 + 216
= $401
Total FCF = FCFO + FCFF
= $182 + $401
= $583
Learn more about FCFF at:
https://brainly.com/question/30455980
#SPJ1
Which of the following statements is true of Milton Friedman's view of the corporate world?
Answers:
a) Friedman argues that it is not considered unethical for a corporation to just deliver the profits of the company to the society rather than delivering it to its investors.
b) Friedman's theory that a company no longer requires senior executives to be accountable to the board of directors has been a crucial turning point in the business world.
c) Friedman's position illustrates that an organization has a social responsibility that goes beyond serving the interests of their stockholders.
d) Friedman argues that, as an employee of the corporation, a manager has an ethical obligation to fulfill his role in delivering on the expectations of his employers.
Answers
The true statement of Milton Friedman's view of the corporate world is d) Friedman argues that, as an employee of the corporation, a manager has an ethical obligation to fulfill his role in delivering on the expectations of his employers.
Friedman believed that a corporation's primary responsibility was to maximize profits for its shareholders, and that managers had an ethical obligation to act in their best interests.
He did not believe that corporations had a broader social responsibility beyond this goal.
learn more about Milton Friedman's view of the corporate world https://brainly.com/question/32147658
#SPJ11
Corporate Entrepreneurship (CE) has long been recognized as a potentially viable means for promoting and sustaining corporate competitiveness. Demonstrate how CE sustains an organization’s competitiveness.
Answers
Corporate Entrepreneurship (CE) is the process of establishing a corporate strategy that facilitates the identification and implementation of new business opportunities while balancing and managing the risk associated with it. It is crucial to organizations as it promotes and sustains corporate competitiveness.
Innovation and Change: Corporate Entrepreneurship (CE) provides a platform for innovation and change to an organization, and innovation is one of the most critical factors in enhancing a company’s competitiveness. CE encourages employees to bring up new ideas and ways to improve existing products or services. It is one of the ways through which an organization can sustain competitiveness in the market.
Reduction in costs: Companies that are competitive always focus on reducing costs while increasing efficiency. Corporate Entrepreneurship provides organizations with an opportunity to reduce costs through the implementation of new and innovative ideas. Through this approach, companies can maximize profits, thus enabling them to be more competitive in the marketplace.
Creating new Markets: Corporate Entrepreneurship (CE) promotes and sustains competitiveness through the creation of new markets. It encourages organizations to seek out new markets for their products or services. By identifying and exploring new markets, companies are capable of creating a competitive advantage that promotes sustainability and long-term growth.
Risk management: One of the ways in which CE sustains competitiveness is through the management of risk. Companies that operate in a competitive environment must take risks to stay ahead of their competitors. Corporate Entrepreneurship provides organizations with an opportunity to manage risk through diversification and innovation. Through risk management, companies can remain competitive and increase their profits.
Better strategic alignment: CE helps organizations maintain a better strategic alignment between their overall corporate objectives and their employees’ goals. It encourages employees to take an active role in achieving the company’s objectives and goals. This approach fosters a culture of collaboration and helps in the attainment of company goals.
Conclusion: Corporate Entrepreneurship (CE) has long been recognized as a potentially viable means for promoting and sustaining corporate competitiveness. As discussed above, there are numerous ways in which Corporate Entrepreneurship sustains an organization’s competitiveness. Companies that adopt the CE approach promote innovation and change, reduce costs, create new markets, manage risks, and better strategic alignment, among other benefits. It helps organizations stay ahead of their competitors and achieve long-term growth.
To know more about sustainability visit
https://brainly.com/question/32771548
#SPJ11
a company's current assets are $30,420, its quick assets are $16,690 and its current liabilities are $12,920. its acid-test ratio equals:
Answers
The company's acid-test ratio is 1.29. This means that for every $1 of current liabilities
In this case, the company's quick assets are given as $16,690 and its current liabilities are $12,920.
Acid-Test Ratio = (Current assets – Inventory) / Current Liabilities
Acid-test ratio = Quick assets / Current liabilities
Acid-test ratio = $16,690 / $12,920
Acid-test ratio = 1.29
The acid-test ratio is a measure of a company's short-term liquidity, indicating its ability to meet its short-term obligations using only its most liquid assets. The ratio is calculated by dividing a company's current assets minus its inventory by its current liabilities. This ratio is also known as the quick ratio or the liquidity ratio.
The acid-test ratio provides investors and analysts with insights into a company's ability to pay off its short-term debts using its most liquid assets quickly. It excludes inventory from the calculation because inventory may not be easily converted into cash. A high acid-test ratio is considered a positive sign for a company, indicating that it has sufficient liquid assets to meet its short-term obligations.
To learn more about Acid-test ratio visit here:
brainly.com/question/17251234
#SPJ4
damita company reported net income of $72,025 and net sales of $745,000 for the current year. (a) compute damita's profit margin. (b) assuming workfit (a competitor) has a profit margin of 15%, which company is generating more profit on each dollar of sales?
Answers
Workfit is generating more profit on each dollar of sales compared to Damita Company.
To calculate Damita Company's profit margin and compare it to Workfit's profit margin, we need to use the net income and net sales figures for both companies.
(a) Computing Damita Company's profit margin:
Profit Margin = (Net Income / Net Sales) * 100
Given:
Net Income of Damita Company = $72,025
Net Sales of Damita Company = $745,000
Profit Margin of Damita Company = (72,025 / 745,000) * 100 ≈ 9.67%
Damita Company's profit bis approximately 9.67%.
(b) Comparing the profit margins between Damita Company and Workfit:
Assuming Workfit has a profit margin of 15%, we can determine which company is generating more profit on each dollar of sales by comparing their profit margins. The higher profit margin indicates a better performance in generating profit relative to sales.
Workfit's Profit Margin = 15%
Comparing the profit margins:
Damita Company's profit margin: 9.67%
Workfit's profit margin: 15%
Since Workfit's profit margin of 15% is higher than Damita Company's profit margin of 9.67%, Workfit is generating more profit on each dollar of sales compared to Damita Company.
It's important to note that profit margins alone do not provide a complete picture of a company's financial performance. Other factors such as operating expenses, debt, market conditions, and industry norms should also be considered when evaluating the financial health and profitability of a company.
learn more about profit here
https://brainly.com/question/32381738
#SPJ11
An analyst has identified three periods; boom, normal growth, and recession. The expected return of a stock fund in a boom, normal growth, and recession is 20%, 15%, and 10%. The expected return of the bond fund in a boom, normal growth, and recession is 16%, 12%, and 14%. The probability that the economy will experience a boom is 30%, 20% probability of normal growth, and 50% of a recession. Calculate the expected return of the portfolio, if 85% is invested in the stock fund and the remainder in the bond fund.
Round your final answer to two decimal places and show it as a percentage.
Answers
We can see here that the expected return of the portfolio, when 85% is invested in the stock fund and the remainder in the bond fund, is 11.99%.
How we arrived at the solution?1. Calculating the expected return of the stock fund, we have:
Boom: 20% return with a 30% probability = 0.20 × 0.30 = 0.06
Normal growth: 15% return with a 20% probability = 0.15 × 0.20 = 0.03
Recession: 10% return with a 50% probability = 0.10 × 0.50 = 0.05
Total expected return from the stock fund = 0.06 + 0.03 + 0.05 = 0.14 or 14%.
2. Calculating the expected return of the bond fund:
Boom: 16% return with a 30% probability = 0.16 × 0.30 = 0.048
Normal growth: 12% return with a 20% probability = 0.12 × 0.20 = 0.024
Recession: 14% return with a 50% probability = 0.14 × 0.50 = 0.07
Total expected return from the bond fund = 0.048 + 0.024 + 0.07 = 0.142 or 14.2%.
3. Calculating the weighted average of the expected returns:
The stock fund has a weight of 85%, and the bond fund has a weight of 15%.
Weighted average = (0.85 × 0.14) + (0.15 × 0.142) = 0.1199 or 11.99%
Learn more about stock fund on https://brainly.com/question/30664679
#SPJ4
the exponential form of 6×6×6×6 is 6 the base is 4 True or False?
Answers
_____ enables employees who lose their jobs or have their hours reduced to a level at which they are no longer eligible to receive medical, dental or optical benefits have the right to pay to continue receiving benefits for themselves and their dependents under the employer's policy.
Answers
Answer:
employment and labor law
The haymarket tragedy occurred during a rally to protest police repression of may day strikers who were supporting may 1 as a deadline for a(n)?
Answers
The Haymarket Tragedy occurred during a rally to protest police repression of May Day strikers who were advocating for a standard eight-hour workday.
The Haymarket Tragedy took place on May 4, 1886, in Chicago, during a labor rally held at Haymarket Square. The rally was organized to protest the police repression faced by workers who were advocating for the implementation of an eight-hour workday.
At that time, the standard workday was often much longer, and labor activists believed that a shorter workday would improve the working conditions and quality of life for workers.
The May Day strikers, also known as the anarchists and labor activists, sought to establish May 1 as the deadline for the implementation of the eight-hour workday. They organized rallies and demonstrations to raise awareness and push for their demands.
However, the rally at Haymarket Square turned violent when a bomb was thrown towards the police, leading to chaos and clashes between the police and protesters.
Learn more about Haymarket Tragedy here:
https://brainly.com/question/11032530
#SPJ11
Which of the following is a normative statement? Select one: a. The elimination of trade restrictions would increase an economy's standard of living. b. Gasoline prices ought to be lower than they are now. c. In response to the most recent recession, the federal government extended the duration of unemployment benefits. d. A decrease in the minimum wage would decrease unemployment. 16) Which of the following statements is true? Select one: a. Economists use one standard set of assumptions to answer all economic questions. b. Historical episodes are not valuable to economists. c. While the scientific method is applicable to studying natural sciences, it is not applicable to studying a nation' s cconomy. d. The scientific method can be applied to the study of economics.
Answers
Gasoline prices ought to be lower than they are now is a Normative statement. So, the correct option is B. The actual statement is d. The scientific method can be applied to the study of economics.
A normative statement expresses a value judgment or opinion about what should or should be. It involves subjective opinions and cannot be tested or proven true or false based solely on economic analysis. In this case, statement b. "Gasoline prices ought to be lower than they are now" is a normative statement. It reflects a subjective opinion about the ideal or desired level of gasoline prices. It is not a statement that can be objectively proven or disproven using economic analysis alone. The word implies a value judgment that lower gasoline prices would be preferable. However, different individuals or groups may have different opinions on the "correct" or "ideal" level of gasoline prices based on their perspectives and interests. Economics is a social science that seeks to understand how individuals, businesses, and societies choose and allocate resources. The scientific method, which involves systematic observation, formulation of hypotheses, data collection, analysis, and conclusion, applies to the study of economics. Economists use the scientific method to study economic phenomena, test theories, and make predictions about economic behavior. They gather data, develop models and ideas, and test them using empirical evidence. Through this process, economists seek explanations and insights into various economic phenomena, such as market behavior, consumer choices, production processes, and policy outcomes. While the economic analysis may involve complexities and uncertainties due to economic systems' dynamic and interdependent nature, the scientific method provides a framework for systematic and rigorous economic inquiry. It allows economists to generate knowledge, refine theories, and contribute to understanding economic behavior and its implications.
Learn more about Normative Statements here: https://brainly.com/question/12006543.
#SPJ11
in 2015, nike signed an 8-year, $1 billion apparel deal with the nba. this is an example of a deal for _______ rights.
Answers
In 2015, nike signed an 8-year, $1 billion apparel deal with the nba. this is an example of a deal for the Nike brand rights.
Bill Bowerman, a music and area instructor at the University of Oregon, and Phil Knight, a former student, founded Blue Ribbon Sports in 1964. They launched Nike-branded shoes in 1972 after opening their first retail store in 1966.
The company changed its name to Nike, Inc. in 1978, and a few years later it went public. Nike is well renowned for its footwear, apparel, and gadgets and is the largest sportswear company in the industry.Founded in 1964 as Blue Ribbon Sports, the company was renamed Nike in 1971 after the Greek goddess of triumph. Nike, which employs more than 76, 000 people worldwide, is one of the most cherished brands in sports organisations.
To know more about The Nike brand visit:
https://brainly.com/question/28639389
#SPJ4
for research expenses incurred in tax years beginning after december 31, 2021, which of the following methods are acceptable for the tax treatment of research and experimentation expenditures? (check all that apply.)
Answers
For research expenses incurred in tax years beginning after December 31, 2021, the following methods are acceptable for the tax treatment of research and experimentation expenditures:
1. Amortization: Taxpayers can choose to amortize research and experimentation (R&E) expenses over a period of no less than five years, beginning with the midpoint of the tax year in which the expenses were incurred.
2. Expensing: Taxpayers may choose to expense research and experimentation costs in the year they are incurred, rather than capitalizing and amortizing them over time.
3. Deduction: Taxpayers have the option to deduct research and experimentation expenses as current business expenses in the year they are incurred. This allows for an immediate reduction in taxable income.
It's important to note that the choice of tax treatment method is subject to certain rules and limitations outlined in the tax laws and regulations. Taxpayers should consult with a tax professional or refer to the specific tax provisions applicable to their jurisdiction to determine the eligible methods and any restrictions or requirements associated with each method.
For research expenses incurred in tax years beginning after December 31, 2021, taxpayers have the options of amortization, expensing, or deduction for the tax treatment of research and experimentation expenditures. The choice of method depends on the specific circumstances and tax regulations governing the jurisdiction in which the taxpayer operates.
To know more about tax, visit:
brainly.com/question/31851456
#SPJ11
Click this link to view O*NET's Tasks section for Postal Service Mail Carriers. Note that common tasks are listed
toward the top, and less common tasks are listed toward the bottom. According to O*NET, what are some common
tasks performed by Postal Service Mail Carriers? Check all that apply.
installing mailboxes
O obtaining signed receipts for mail
sorting mail
delivering mail
O supervising other mail workers
reviewing job applicants
Done
Answers
Answer:
1. obtaining signed receipts for mail
2. sorting mail
3. delivering mail
Explanation:
Postal Service Mail Carrier's main responsibility is to deliver mail to their intended receipts. The Postal Service mail carriers are the last people in the mail distribution channel. They are the people who get mail to the receipts and have them sign for it.
The Postal service mail carriers will be issued with mail, usually for a particular route. They will sort to identify the address where each mail is to be delivered. Upon arriving at the correct address, the postal service mail carrier will hand over the mail to the recipient and have them sign as an acknowledgment of receipt.
Answer:
AEF
Explanation:
a rice mill in south louisiana has purchased the trucking firm that transports its packaged rice products to the distributors. this is an example of
Answers
A rice production line in south Louisiana has purchased the delivery firm that transports its packaged rice things to the wholesalers this is an illustration of forward integration.
The option (D) is correct.
Forward integration alludes to a business procedure where an organization extends its tasks by obtaining or coordinating a conveyance channel or client-confronting substance. For this situation, the rice factory in south Louisiana has bought the shipping firm answerable for moving its bundled rice items to wholesalers.
By procuring the shipping firm, the rice factory deals with the transportation interaction, taking into consideration more noteworthy coordination, effectiveness, and possibly cost reserve funds.
Learn more about production line:
https://brainly.com/question/15401209
#SPJ4
This question is not complete, Here I am attaching the complete question:
A rice mill in south louisiana has purchased the trucking firm that transports its packaged rice products to the distributors. this is an example of:
(A) current transformation
(B) horizontal integration
(C) job expansion
(D) forward integration
(E) backward integration
You are given the equation below. Not yet saved Marked out of 1.00 PV = C/i (1-(1/ (1+1^10)(1+i). Which of the following statements is FALSE? Select one: A. The equation will indicate the present value of an annuity of 10 payments, where the first payment is made at the beginning of the first period. B. The equation will indicate the present value of an annuity of 10 payments, where the first payment is made at the end of the first period. C. The equation will indicate the present value of an annuity of 10 payments, where the first payment is made now. D. The equation is suitable to calculate the present value of an annuity due.
Answers
The FALSE statement is option **A. The equation will indicate the present value of an annuity of 10 payments, where the first payment is made at the beginning of the first period**.
The equation given, PV = C/i (1-(1/ (1+1^10)(1+i), is used to calculate the present value of an annuity. However, the equation is specifically suitable for calculating the present value of an annuity with payments made at the end of each period, which corresponds to option B. Therefore, option A is false.
In option A, it states that the first payment is made at the beginning of the first period, which is not consistent with the equation. The equation assumes that the payments are made at the end of each period.
An annuity due is a different type of annuity where the payments are made at the beginning of each period. The equation provided is not suitable for calculating the present value of an annuity due. Therefore, option D is not applicable to the given equation.
learn more about "payment ":- https://brainly.com/question/29475683
#SPJ11
in a system, production instructions are communicated to an upstream step when there is consumption at a downstream step. (enter only one word per blank.)
Answers
The system you are referring to is likely a pull production system. In this type of system, the downstream step signals the upstream step to produce more only when there is actual consumption. This helps to avoid overproduction and waste, as production is based on actual demand rather than predicted demand.
Pull production systems often rely on kanban, a visual signaling system that communicates demand for materials or products. With kanban, each container or batch of material has a corresponding kanban card that signals the upstream step to produce more once the container has been consumed. This helps to ensure that production is aligned with customer demand and that inventory levels remain low.
Pull production systems are commonly used in lean manufacturing and just-in-time production, where efficiency and waste reduction are key goals. Overall, pull production helps to create a more responsive and efficient production system by aligning production with actual demand.
To Learn more about Pull production systems. Click this!
brainly.com/question/31807106
#SPJ11
Tyson and General Foods developed a joint consumer promotion. This is an example of a(n): A) intracompany tie-in. B) intercompany tie-in. C) overlay. D) premium.
Answers
Intercompany tie-in Tyson and General Foods developed a joint consumer promotion.
The correct option is B .
In general , intercompany tie-in is a promotional strategy in which two or more companies combine their marketing efforts to promote complementary products or services. In this case, Tyson and General Foods collaborated on a joint promotion, which likely involved offering discounts, coupons, or other incentives to consumers who purchase both companies' products.
The goal of intercompany tie-ins is to increase sales and brand awareness for all companies involved. The goal of this type of promotion is often to increase sales or brand awareness for both companies, while also providing added value for the consumer.
Hence , B is the correct option
To learn more about intercompany tie-in , here
brainly.com/question/13553770
#SPJ4
Question 3 of 25
Which of the following statements best explains why some people get life
insurance and others don't?
A. Life insurance is a cost that has no direct benefit.
B. Some people have more than one life-insurance policy.
C. Different people are willing to face different kinds of risks.
D. Some life insurance companies go out of business before you die.
Answers
what sport marketing giant was originally known as blue ribbon sports?
Answers
Nike sport marketing giant was originally known as blue ribbon sports.
Why was Blue Ribbon Sports changed to Nike?American sportswear manufacturer Nike, Inc., originally known as Blue Ribbon Sports (1964–1978), is based in Beaverton, Oregon. A track & field coach at the University of Oregon named Bill Bowerman and his former pupil Phil Knight established it as Blue Ribbon Sports in 1964. To get out of its exclusive agreement with Blue Ribbon, the Japanese corporation, according to Knight, intended to destroy the business. Tiger asserts that he found Blue Ribbon Sports selling their own Tiger Cortez model under a new brand of footwear they named "Nike."
So, Nike sport marketing giant was originally known as blue ribbon sports.
To know more about sport marketing refer to:
https://brainly.com/question/28366788
#SPJ4
A(n) to is any policy that is designed to reduce the competitiveness of foreign producers that wish to sell their goods or services in the domestic market.
Answers
A protectionism policy is any policy that is designed to reduce the competitiveness of foreign producers in the domestic market.
The protectionism policy helps to protect the domestic industries against the foreign competition through various means methods including
Imposition of tariffsSubsidiesImport quotasTrade restrictions.The policy of protectionism are determined by the Federal government of the country to help reduce the importation or competitiveness of foreign company in the country's market.
In conclusion, the policy is known as a protectionism policy.
Read more about this here
brainly.com/question/3279101
Answer:
Barrier to Trade
Explanation
you are bidding in a second-price auction for a painting that you value at $800. you estimate that other bidders are most likely to value the painting at between $200 and $600. which of these is likely to be your best bid?
Answers
Your best likely bid is $600.
In a second-price auction, also known as a Vickrey auction, the bidder who offers the highest bid wins the item, but the price paid is the second-highest bid. In this case, you are bidding on a painting worth $800, and you believe that other bidders are likely to value it between $200 and $600.
Therefore, if you bid $600, you will almost certainly win the auction. If your valuation of $800 is correct, your payment will be less than the painting's value, implying that you have received a good deal.
Furthermore, since you believe that other bidders value the painting between $200 and $600, you can safely bid the maximum value you think other bidders will put on it. Therefore, your best bid is $600.
To learn more about bid, refer below:
https://brainly.com/question/29707532
#SPJ11
an object is placed at a distance of 20cm from convex lens of focal length 15cm find the image distance
Answers
Answer:
Image distance = 60 cm
Explanation:
Object distance from a convex lens = 20 cm
Focal length of convex lens = 15 cm
Use the following relation between the object distance, focal length and image distance.
\(\frac{1}{object\,\,distance}+\frac{1}{image\,\,distance} =\frac{1}{focal\,\,length}\)
\(\frac{1}{20}+\frac{1}{image\,\,distance}=\frac{1}{15}\\\\ \frac{1}{image\,\,distance}= \frac{1}{15}-\frac{1}{20}\\\\ \frac{1}{image\,\,distance}= \frac{4-3}{60} \\\\ \frac{1}{image\,\,distance}=\frac{1}{60}\)
Therefore,
Image distance = 60 cm
The flowchart above illustrates which type of organizational message?
a.
upward
b.
lateral
c.
grapevine
d.
downward
Answers
Answer:
upward is the correct answer
Eye and face protection selected for employee must clearly identify the:.
Answers
Answer:
Manufacturer
Explanation: Hope this helps<3
what do you think is the most challenging function being faced by a manager
Answers
Here are some of the most common challenges managers face and how to overcome them:
Decreased performance levels.
Being understaffed.
Lack of communication.
Poor teamwork.
Pressure to perform.
Absence of structure.
Time management.
Inadequate support.