At your discount brokerage firm, it costs $9.95 per stock trade. How much money do you need to buy 100 shares of Ralph Lauren (RL), which trades at $85.13? A. $8,503.05 B.$8,503.00 C. $8,522.95 D. $9,508.00
Answers
Total amount required = Cost of 100 shares + Commission= $8,513 + $9.95= $8,522.95Hence, the answer is option C. $8,522.95.
At a discount brokerage firm, it costs $9.95 per stock trade.
Ralph Lauren (RL) is traded at $85.13, and we need to find the amount required to purchase 100 shares of RL.Steps to solve the given problem:
First, calculate the total cost of 100 shares of RL using the formula:
Total Cost = Number of Shares × Price per shareCost of 100 shares of RL = 100 × $85.13 = $8,513After finding the total cost of 100 shares, add the commission that is charged per trade by the discount brokerage firm.The commission charged by the discount brokerage firm for one trade is $9.95. As we are purchasing 100 shares, we have to pay the commission only once.
Therefore, the total commission charged for the purchase of 100 shares = $9.95.So, the total amount required to buy 100 shares of RL is the sum of the cost of 100 shares and the commission.
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Related Questions
Brad, a manager at a new investment firm, is performing job evaluation. He selects 12 benchmark jobs in the firm and then ranks each of these jobs against compensable job factors such as physical effort, responsibility, skill, and nature of the working conditions. This ranking is based on job descriptions created during job analysis. Later, the management meets as a group and develops a consensus on the assigned values for each job. In the given scenario, which of the following systems or methods is Brad most likely using for job evaluation?
A) The point system
B) The classification system
C) The factor-comparison method
D) The market-basket analysis method
Answers
Answer:
C) The factor-comparison method
Explanation:
It is correct to say that the method for evaluating jobs that Brad is using in this scenario is the method of comparing factors, which consists of evaluating various factors of the job and not just the job itself. This method is advantageous due to the ease of application and classification of factors, such as those classified as compensable work factors such as physical effort, responsibility, skill and the nature of working conditions.
The objective of the factor comparison method is then to promote a remuneration corresponding to each value attributed to the job's working factors and thus to promote a fairer remuneration according to the position.
How has globalization effected China? PLS HELP, I NEED BULLET POINTS, NO LINKS :>
Answers
Answer:
Hey mate.....
Explanation:
This is ur answer....
As the global economy shifts its focus towards China, new opportunities for businesses to enter the Chinese market are emerging. In other words, the impact of globalisation on China's economic growth is already being felt. China is rapidly becoming the new champion of economic cooperation, trade and globalisation.
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Which of the following methods would be most appropriate for an emotional appeal?
A.Telling a story about people who resemble the target audience
B.Creating a contrast with the surrounding environment
C.Asking the audience to act
D.Providing information about the product
Answers
Answer: telling a story about people who resemble the target audience
Explanation: just took the test
Telling a story about people who resemble the target audience would be most appropriate for an emotional appeal. Thus, option 'A' is the correct option.
What is Emotional Appeal?A kind of persuasion known as an emotional appeal uses sensory, descriptive language and images to stimulate an audience's emotions and persuade them of a point of view. Social psychology is used in the appeal to emotion strategy. Only when the evoked emotions are unrelated to determining the veracity of the conclusion and help to divert from a logical analysis of pertinent premises or facts is it erroneous.
For instance, if a pupil says "My scholarship will be forfeited if I receive a poor mark on this essay. It is not copied "The initial statement's emotional impact is unrelated to determining whether the text was duplicated. In order to persuade the audience that the claims being made by the fallacious argument are true or untrue, appeals to emotion aim to evoke sentiments like fear, pity, or delight in the person receiving the information.
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After asking coworkers to review a project plan, you receive feedback. Your coworker thinks there is a better way to display the data in the business report.You should add a
title
reference
abstract
table
Answers
Answer:
table
Explanation:
Calculate the range of potential annual returns if you invested 10% in bonds and 90% in stocks. How does this compare with the range of potential annual returns if you invested 10% in stocks and 90% bonds?
Answers
Answer:
From the graph, if you invest 10% in bonds and 90% in stocks, the range of potential return is given as +49.8% to -39.0% with a average of 9.9% whereas if investment is made by 10% in stocks and 90% in bonds, then the range of annual returns would become +31.2% to -8.2% with a average of 6%. Therefore, as the investment in stocks increases the average annual returns also increase.
Explanation:
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Plz, Help quickly. In accordance with the seven core elements of an effective occupational safety and health program, what should management do to support the program effectively?
Select the 4 answer options that apply.
Communicate their commitment to the programs through a written statement.
Establish realistic, attainable, and measurable goals.
Encourage employee participation by publicly punishing those who do not participate.
Only allow senior management level employees to be involved with the program evaluation, to avoid conflict.
Allocate resources to the program by integrating it into the budget and time planning.
Establish a process to report any safety and health concerns.
Answers
Answer:
Communicate their commitment to the programs through a written statement.
Establish realistic, attainable, and measurable goals.
Allocate resources to the program by integrating it into the budget and time planning.
Establish a process to report any safety and health concerns.
Explanation:
In accordance with the seven core elements of an effective occupational safety and health program, management should follow the following to support the program effectively:
Communicate their commitment to the programs through a written statement.
Establish realistic, attainable, and measurable goals.
Allocate resources to the program by integrating it into the budget and time planning.
Establish a process to report any safety and health concerns.
5. What is the definition of a want? O A. Something you would like to have but will be okay without it. B. Something that is required or very important. O C. Something you can have every other day. D D. None of the above.
Answers
Answer: A
Explanation:
:)
Answer:
A bc it is means to want sum
TRUE / FALSE. the first step in the job search process is to analyze yourself and your professional qualifications.
Answers
TRUE. The first step in the job search process is indeed to analyze yourself and your professional qualifications.
Before embarking on a job search, it is essential to have a clear understanding of your skills, experiences, strengths, weaknesses, and career goals. Self-analysis helps you identify your core competencies, interests, and values, which in turn guides your job search strategy.
Assessing yourself allows you to determine the type of roles, industries, and organizations that align with your qualifications and aspirations. It also helps in crafting a targeted resume, cover letter, and personal pitch that highlight your relevant skills and experiences.
Self-analysis sets the foundation for effectively communicating your value to potential employers and increases your chances of finding a job that aligns with your professional objectives.
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HELP TAKING TEST!! Suppose you are a treatment specialist and desire additional training and certification. What would the best avenue for you to
obtain this?
O counselor certification
O specialist certification
O therapist certification
O crisis certification
Answers
If a salesperson wishes to provide potential buyers with evidence that the product is enjoyed by others in the
community, he or she can
O put its logo on a pair of jeans
O place an advertisement on the radio
position an ad on the internet
o provide testimonials from customers
Answers
A "hazardous chemical" is any chemical which is a physical or health hazard
true or false
Answers
Answer:
true.
Explanation:
Answer:
true
Explanation:
Explain in detail two engagments. ASAP
Answers
Answer:
easy a
Explanation:
easy a
a favorite aunt wishes to establish a trust fund for her nephew's math education. how much should she set aside now if she wants $105,000 in 6 years from now, and interest is compounded continuously at 4%? exact amount (without using a calculator)
Answers
The aunt should set aside approximately $86,066.12 now to accumulate to $105,000 in 6 years with continuously compounded interest at a rate of 4% per year.
The formula for continuously compounded interest is given by:
A = \(Pe^{rt}\)
where A is the amount accumulated after time t, P is the principal amount invested, r is the interest rate (expressed as a decimal), and e is Euler's number (approximately 2.71828).
We can rearrange this formula to solve for the principal amount P:
P = A / \(e^{rt}\)
In this case, we want to find the principal amount that should be invested now (P) to accumulate to $105,000 in 6 years, with an interest rate of 4% per year compounded continuously. Therefore:
A = $105,000
r = 0.04 (4% expressed as a decimal)
t = 6 years
Plugging these values into the formula, we get:
P = $105,000 /\(e^(0.04 x 6)\)
P = $105,000 / \(e^(0.24)\)
Without using a calculator, we can approximate e^(0.24) as follows:
\(e^(0.24)\)= \(e^(0.2 + 0.04)\)≈ \(e^(0.2)\) x \(e^(0.04)\) ≈ 1.22
Therefore:
P ≈ $105,000 / 1.22 ≈ $86,066.12
So the aunt should set aside approximately $86,066.12 now to accumulate to $105,000 in 6 years with continuously compounded interest at a rate of 4% per year.
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Paulo has won the lottery. He is offered a series of payments of $1,000 per year for 20 years. What is the present value of these payments at an interest/discount rate of 6% ? 2. Keesha's grandmother died and left a trust for her that pays out $1,000 per year for 10 years. If Keesha invests the payments at 6%, what will her future value be? 3. Bob has been in an accident and the other party's insurance company has offered either a one-time payout of $10,000, or a series of payments of $1,000 per year for 15 years. If Bob knows that the current investment rate of interest is 6%, what is the present value of the series of payments? Which should Bob take based on present values? 4. Joe and Mary expect to need a new washer and dryer in 4 years. They have $1,000 today and figure they will need $1,5004 years from now. What interest rate will they need to earn to buy the washer and dryer? 5. You can save $1,000 per year, and you want $15,000 in 10 years. What interest rate would you need to receive? 6. Brianna is saving $18,000 per year and wants to have $1,000,000 when she retires in 30 years. What interest rate will she need to earn?
Answers
To calculate the present value of the series of payments that Paulo will receive, we can use the formula for the present value of an annuity.
The formula is:
PV = PMT * [1 - (1 + r)^(-n)] / r
where PV is the present value, PMT is the annual payment, r is the interest rate, and n is the number of years.
In this case, Paulo will receive $1,000 per year for 20 years, and the interest rate is 6%. Plugging in these values into the formula, we get:
PV = 1000 * [1 - (1 + 0.06)^(-20)] / 0.06
Solving this equation, the present value of the payments is $13,592.44.
2. To calculate the future value of Keesha's payments, we can use the formula for the future value of an annuity. The formula is:
FV = PMT * [(1 + r)^n - 1] / r
where FV is the future value, PMT is the annual payment, r is the interest rate, and n is the number of years.
In this case, Keesha will receive $1,000 per year for 10 years, and the interest rate is 6%. Plugging in these values into the formula, we get:
FV = 1000 * [(1 + 0.06)^10 - 1] / 0.06
Solving this equation, the future value of Keesha's payments is $12,574.52.
3. To calculate the present value of Bob's series of payments, we can use the same formula as in the first question. The present value is the amount Bob should choose if he wants the value of the series of payments to be equal to the one-time payout.
In this case, Bob will receive $1,000 per year for 15 years, and the interest rate is 6%. Plugging in these values into the formula, we get:
PV = 1000 * [1 - (1 + 0.06)^(-15)] / 0.06
Solving this equation, the present value of the series of payments is $10,884.16.
Based on present values, Bob should choose the one-time payout of $10,000 as it is greater than the present value of the series of payments.
4. To calculate the interest rate Joe and Mary need to earn, we can use the formula for the future value of a single amount. The formula is:
FV = PV * (1 + r)^n
where FV is the future value, PV is the present value, r is the interest rate, and n is the number of years.
In this case, Joe and Mary have $1,000 today and need $1,500 in 4 years. Plugging in these values into the formula, we get:
1500 = 1000 * (1 + r)^4
Solving this equation, the interest rate they need to earn is approximately 8.5%.
5. To calculate the interest rate needed to receive $15,000 in 10 years, we can use the same formula as in the fourth question. The present value is $0, as no initial investment is mentioned.
In this case, the future value is $15,000 and the number of years is 10. Plugging in these values into the formula, we get:
15000 = 1000 * (1 + r)^10
Solving this equation, the interest rate needed is approximately 19.6%.
6. To calculate the interest rate Brianna needs to earn, we can use the same formula as in the fifth question. The future value is $1,000,000 and the number of years is 30. The present value is $0, as no initial investment is mentioned.
In this case, plugging in the values into the formula, we get:
1000000 = 18000 * (1 + r)^30
Solving this equation, the interest rate Brianna needs to earn is approximately 5.3%.
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Present value (PV) is a financial concept that represents the current worth of a future cash flow or a series of future cash flows, discounted at an appropriate interest rate.
1. To find the present value of Paulo's lottery payments, we can use the formula for the present value of an annuity. The formula is:
PV = PMT * [(1 - (1 + r)^(-n)) / r],
where PV is the present value, PMT is the annual payment, r is the interest/discount rate, and n is the number of years. In this case, PMT is $1,000, r is 6% (or 0.06), and n is 20. Plugging these values into the formula, we get:
PV = $1,000 * [(1 - (1 + 0.06)^(-20)) / 0.06] ≈ $12,462.
2. To find Keesha's future value, we can use the formula for the future value of an annuity. The formula is:
FV = PMT * [(1 + r)^n - 1] / r,
where FV is the future value, PMT is the annual payment, r is the interest rate, and n is the number of years. In this case, PMT is $1,000, r is 6% (or 0.06), and n is 10. Plugging these values into the formula, we get:
FV = $1,000 * [(1 + 0.06)^10 - 1] / 0.06 ≈ $12,628.
3. To find the present value of the series of payments for Bob, we can use the same formula as in question 1. Plugging in PMT as $1,000, r as 6%, and n as 15, we get:
PV = $1,000 * [(1 - (1 + 0.06)^(-15)) / 0.06] ≈ $10,628.
Based on present values, Bob should take the one-time payout of $10,000 since it is higher than the present value of the series of payments.
4. To find the interest rate Joe and Mary need to earn, we can use the formula for future value of a single amount. The formula is: FV = PV * (1 + r)^n, where FV is the future value, PV is the present value, r is the interest rate, and n is the number of years. In this case, FV is $1,500, PV is $1,000, and n is 4. Plugging these values into the formula, we get: $1,500 = $1,000 * (1 + r)^4.
Solving for r, we find that r ≈ 0.1247, or 12.47%.
5. To find the interest rate you need to receive, we can use the same formula as in question 4. Plugging in FV as $15,000, PV as $1,000, and n as 10, we get: $15,000 = $1,000 * (1 + r)^10.
Solving for r, we find that r ≈ 0.1837, or 18.37%.
6. To find the interest rate Brianna needs to earn, we can use the same formula as in question 4. Plugging in FV as $1,000,000, PV as $18,000, and n as 30, we get: $1,000,000 = $18,000 * (1 + r)^30.
Solving for r, we find that r ≈ 0.1284, or 12.84%.
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Billboard advertising is most effective for __________ advertising.
pioneering
reinforcement
advocacy
comparative
competitive
Answers
Billboard advertising is most effective for pioneering advertising (option a).
It aims to introduce new products or services to the market and create awareness among potential customers. This is because billboards are visible to a wide range of people and can attract attention quickly with bold graphics and catchy slogans.
However, billboard advertising can also be used for reinforcement and advocacy advertising, which aim to reinforce brand loyalty and promote a cause or message, respectively. It is less effective for comparative and competitive advertising, which aim to directly compare a brand with its competitors, as this type of messaging may not be suitable for the limited space and time of billboard advertising.
This type of advertising aims to remind consumers about the product or service, reinforcing the brand message, and maintaining top-of-mind awareness. Billboards are an excellent medium for reinforcement advertising as they are visible to a large audience and can efficiently convey short, impactful messages.
Therefore, the correct answer is option a. pioneering.
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Sofia recently bought a new couch using cryptocurrency. However, a week after purchasing the couch, she sees a headline on the news claiming the company she’d bought the couch from had scammed thousands of customers. What should she do next? (Bonus: Is she guaranteed to get her money back?)
Answers
Answer:
She should contact the company and ask them to reverse the transaction if possible.
Explanation:
Cryptocurrency payments typically are not reversible but that's all she could do to be honest.
Hi! I understand that Sofia recently bought a new couch using cryptocurrency and later discovered that the company she purchased it from has allegedly scammed thousands of customers. To address this situation, Sofia should take the following steps:
1. Gather evidence: Sofia should collect all documentation related to her purchase, such as receipts, emails, and transaction records.
2. Research the company: Sofia should investigate the company further, including checking for customer reviews and any legal actions taken against the company.
3. Report the scam: If her research confirms the company's fraudulent behavior, Sofia should report the scam to the appropriate authorities, such as consumer protection agencies and law enforcement.
4. Contact the cryptocurrency platform: Sofia should contact the platform she used to make the purchase and inform them of the situation. They may be able to provide additional guidance or assistance.
5. Monitor developments: Sofia should keep track of any news or updates related to the company and the alleged scam. This may help her stay informed about any potential resolutions or legal actions.
Regarding the bonus question, it is not guaranteed that Sofia will get her money back. Cryptocurrency transactions are often irreversible, and recovering funds in cases of fraud can be difficult. However, reporting the scam and taking the necessary steps may increase her chances of recovering some or all of her lost funds.
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The title to an automobile or the deed to a cattle ranch assures a buyer that the seller is the legitimate owner of that property. This is an example of property rights _________.
Answers
The above is an example of property rights facilitating exchange.
What is property right?This refers to the legal right to own a property whether or not they are tangible or intangible.
Property rights enables one to do the following:
A person has the authority to own a property.The property can be used within the law as he deemed fit.Receive any income that the property generates.Hence, the above is an example of property rights facilitating exchange.
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What is one of the top two criteria for global market consumers when making purchase decisions?
Answers
Equality is one of the top two criteria for global market consumers. "Marketing on a global scale harmonizing or taking global operational differences, similarities and opportunities in order to attain global objectives" is how global marketing is defined. Another area of study in general business management is global marketing, which offers goods and services to clients locally, nationally, and worldwide.
The use of marketing ideas in more than one nation, by businesses abroad, or across international borders is known as global marketing. It is accomplished by the export of a company's goods to other countries, admission through a domestic joint venture with another company.
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When determining the amount of cash payments for manufacturing overhead, which costs are removed from the budgeted manufacturing overhead?
Answers
When determining the number of cash payments for manufacturing overhead, Depreciation is removed from the budgeted manufacturing overhead.
What is depreciation in accounting?
Depreciation is allocated across the asset's estimated useful life in order to charge a reasonable portion of the depreciable amount for each accounting period. Depreciation includes the amortization of assets with predetermined useful lifetimes.
How to calculate manufacturing overhead?
You must total up all indirect costs associated with the manufacturing of a product to determine manufacturing overhead. This covers the price of depreciation, factory supplies, electricity, insurance, maintenance of machines, indirect materials and labor, and more.
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Suppose a tax of $2 per unit is imposed on this market. how much will buyers pay per unit after the tax is imposed
Answers
Answer:
it would between 5 to 7 dollars
Explanation:
SORRY IF THIS IST CORRECT
-dani
Metro Magazine collects cash from subscribers in advance and then mails the magazines to subscribers over a one-year period.
1. Record the journal entry to record the original receipt of $170,000 cash.
2. Record the adjusting entry that Metro Magazine makes to record earning $12,000 in subscription revenue that was collected in advance.
3. Using T-accounts, post the journal entry and adjusting entry to the accounts involved, and show their balances after adjustments.
Answers
The journal entry to record the original receipt of $170,000 cash and the adjusting entries are given below
The Journal EntriesDate Particulars Debit Credit
31-Mar Unearned revenue Dr ($30,000/12) $2,500.00
To Subscription revenue $2,500.00
(To record subcription revenue earned)
A journal entry is an act of recording any transaction, whether one that is economic or not.
An accounting diary that displays the debit and credit balances of a corporation lists transactions. Several recordings, each of which is either a debit or a credit, may be included in the journal entry.
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A bond currently sells for $1,170, which gives it a yield to maturity of 5%. Suppose that if the yield increases by 30 basis points, the price of the bond falls to $1,140. What is the duration of this bond
Answers
Answer:
8.53 years
Explanation:
Calculation for the duration of the bond
The first step is to calculate for Change in Bond Price
Change in Bond Price = -(30)/1,170
Change in Bond Price = -0.0256×100
Change in Bond Price =-2.56%
Second step is to find the Effective Duration
Effective duration = -0.0256/0.0030
Effective Duration = 8.53 years
Therefore the duration of this bond will be 8.53 years
in the united states, the money supply is determined
Answers
In the United States, the money supply is determined by the Federal Reserve System (also known as the Fed), through its monetary policy tools and operations.
Monetary policy refers to the actions taken by the central bank (Federal Reserve System in the US) to regulate and control the supply and cost of money and credit in the economy to achieve macroeconomic goals like price stability, full employment, and economic growth. It is the process by which the central bank manages the money supply, interest rates, and credit availability to influence economic activity and the behavior of financial markets. In the US, the Federal Reserve System has several tools and operations it can use to affect the money supply. These tools include: Open market operations: This involves buying or selling government securities on the open market to influence the federal funds rate (the rate at which banks lend and borrow funds from each other overnight).Discount rate: This is the interest rate at which banks can borrow funds directly from the Fed. By changing this rate, the Fed can influence the cost of borrowing for banks and hence the level of lending in the economy. Reserve requirements: These are the amount of funds that banks are required to hold in reserve (in the form of deposits with the Fed) against their deposits. By changing the reserve requirements, the Fed can influence the amount of funds banks have available for lending and hence the money supply. The Fed uses these tools to implement monetary policy in order to achieve its macroeconomic goals.
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what is the collateral in the contract? based on the collateral section, when will the collateral be collected by the lender?
Answers
Collateral in a contract refers to the assets or properties that the borrower pledges to the lender in the event of default.
It serves as a form of security for the lender, providing them with the assurance that they will be able to recover their money in case the borrower is unable to make payments. The collateral is usually listed in the loan agreement and can include real estate, vehicles, equipment, inventory, or any other valuable asset. The lender will have a lien on the collateral, which gives them the right to take possession of it in case the borrower is unable to repay the loan.When the collateral will be collected by the lender depends on the terms of the contract. If the borrower fails to make payments on the loan, the lender can initiate the process of seizing the collateral.
However, this process may vary depending on the type of collateral and the state laws governing the contract.In some cases, the lender may not collect the collateral right away but may instead choose to work with the borrower to come up with a repayment plan. If the borrower is able to make payments on time and fulfill their obligations under the contract, the collateral will not be collected. However, if the borrower continues to default on the loan, the lender may ultimately seize the collateral to recover their losses.
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murray was in the following marginal tax brackets: federal, 35 percent; state, 7 percent; local, 4 percent. what is his total marginal tax bracket?
Answers
Murray's total marginal tax bracket would be 46%.
To determine Murray's total marginal tax bracket, we need to calculate the combined effect of the federal, state, and local tax rates.
First, we sum up the individual tax rates: federal (35%), state (7%), and local (4%).
Next, we calculate the total tax rate by adding the individual tax rates together: 35% + 7% + 4% = 46%.
Therefore, Murray's total marginal tax bracket would be 46%.
It's important to note that the calculation assumes these tax rates are applied independently and that there are no tax credits, deductions, or other complexities involved.
Tax brackets and rates can vary depending on the jurisdiction and specific tax laws in effect.
Additionally, it's worth mentioning that in some cases, certain deductions or exemptions might apply at different levels of income, which can affect the overall tax liability.
Consulting with a tax professional or referring to the specific tax laws in Murray's jurisdiction would provide more accurate information regarding his total marginal tax bracket.
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then impact of risky behaviour on one's well-being by referring to social,emotional,physical and spiritual
Answers
Keira is excited that her favorite brand of running gear has released a new hoodie in the company’s trademark color. Keira probably has a strong ________blank with this company.
Answers
Keira is thrilled that her preferred brand of athletic apparel has introduced a new sweatshirt in the logo color of the business. Keira most likely has a positive brand association with this business.
An association between your brand and a concept, image, emotion, experience, person, interest, or activity is known as a brand association. Purchase decisions are significantly influenced by this association, which might be immediately favorable or unfavorable.
When a person thinks of a brand, brand associations—such as "soft" for Cottonelle or "athletics" for Nike—come to mind.
The brand association aids in recalling your company's name and distinctive features, such as those that set you apart from your rivals. The brand association offers clients ideas, images, and attitudes that can aid in the brand recall by developing familiarity and strengthening recognized traits.
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The policy is really tight on cash and wants to trim down their insurance premiums so they can devote more of their budget to paying off a large credit card debt.which coverage makes the most sense to eliminate
Answers
The coverage that makes the most sense to eliminate is d. They cannot eliminate any of this coverage -- it is all required by Federal law
What is the policy?The purpose of accident coverage is to support financial help for the repair or replacement of a vehicle that has maintained damage in an accident, however the party responsible for the accident.
Therefore, If the vehicle's profit is low, it might be ridiculous to invest in accident coverage, especially if the inferable is high, eventually resulting in the policyholder bearing a solid part of the repair expenses from their own pocket.
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See full text below
8.The policyholder is really tight on cash and wants to trim down their insurancepremiums so they can devote more of their budget to paying off a large credit carddebt. Which coverage makes the most sense to eliminate?a.Liability coverage, because it is the most expensive part of their billb.Collision coverage, because their car is quite old and the deductible is relativelyhighc.Uninsured motor vehicle coverage, because they already have car insurance, sothey won’t ever be uninsuredd.They cannot eliminate any of this coverage -- it is all required by Federal law
Although general administration is often viewed only as overhead expense, it can become a source of competitive advantage. Examples include all of the following EXCEPT A. negotiating and maintaining ongoing relations with regulatory bodies. B. effective information systems contributing significantly to a firm's overall cost leadership strategy. C. marketing expertise increasing a firm's revenues and enabling it to enter new markets. D. top management providing a key role in collaborating with important customers.
Answers
Although general administration is often seen as an overhead expense, it can contribute to a firm's competitive advantage. The correct answer is option b.
Effective information systems, marketing expertise, and top management's collaboration with important customers can all provide a competitive edge. For example, effective information systems can help a firm achieve cost leadership by improving operational efficiency and reducing costs.
Marketing expertise can help a firm increase its revenues and enter new markets. Top management's collaboration with important customers can help the firm build stronger relationships and gain valuable insights into customer needs and preferences.
However, negotiating and maintaining ongoing relations with regulatory bodies may not necessarily contribute to a firm's competitive advantage, as it is more of a legal and compliance issue rather than a strategic business activity.
The correct answer is option b.
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Suppose that business travelers and vacationers have the following demand for airline
tickets from Los Angeles to San Francisco:
Price
$150
$200
$250
$300
Quantity Demanded
(business travelers)
35,000
30,000
26,000
20,000
Quantity Demanded
(vacationers)
25,000
21,000
14,500
11,000
1. As the price of tickets rises from $200 to $250, what is the price elasticity for both
(a) business travelers and (b) vacationers ?
2. Why might vacationers have a different elasticity than business travelers?
3. What would be the Exact Quantity Demanded and change in Total Revenue if the
Airlines Change the Price for Business Travelers from $200 to $230?
