changes <- c(-114,-49,35,-121,50,-66,-25,-81,182,67,-18,-88,159,-105,-128,123,-39,62,5,116,-143) a) what percent of the days did the stock go up? b) what percent of the days did the stock go down? c) if you had invested only on the days the stock went up, what is your total gain? d) if you had invested only on the days the stock went down, what is your total loss? e) how many days did the stock fluctuate within 60 points?
Answers
a) Approximately 57.1% of days the stock went up, b)approximately 42.9% of days the stock went down, c) the total gain from investing on days the stock went up is 729, d) the total loss from investing on the days the stock went down is -716, and e) stock fluctuated within 60 points on 10 out of 21 days.
a) To calculate the percent of days the stock went up, we need to count the number of positive values in the 'changes' vector. Out of the 21 values provided, 12 are positive. So, the stock went up on 12 out of 21 days. To find the percentage, we divide 12 by 21 and multiply by 100. The stock went up approximately 57.1% of the time.
b) To calculate the percent of days the stock went down, we need to count the number of negative values in the 'changes' vector. Out of the 21 values provided, 9 are negative. So, the stock went down on 9 out of 21 days. To find the percentage, we divide 9 by 21 and multiply by 100. The stock went down approximately 42.9% of the time.
c) To calculate the total gain if you only invested on the days the stock went up, we need to sum all the positive values in the 'changes' vector. The sum of the positive values is 729. So, if you had invested only on the days the stock went up, your total gain would be 729.
d) To calculate the total loss if you only invested on the days the stock went down, we need to sum all the negative values in the 'changes' vector. The sum of the negative values is -716. So, if you had invested only on the days the stock went down, your total loss would be -716.
e) To find the number of days the stock fluctuated within 60 points, we need to count the number of values in the 'changes' vector that are between -60 and 60 (excluding 60 itself). Out of the 21 values provided, 10 fall within this range. Therefore, the stock fluctuated within 60 points on 10 out of 21 days.
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Related Questions
A form describing the goods or services sold, the quantity, the price, and the terms of sale.
Answers
A form describing the goods or services sold, the quantity, the price, and the term of sale is known as an Invoice.
What is an Invoice?An invoice, bill, or tab is a business document that a seller issues to a buyer in connection with a sale transaction.It lists the goods, quantities, and prices that were agreed upon for any goods or services that the seller has delivered to the customer.In most cases, the invoice includes the payment terms. Some sellers clearly indicate in huge, capital letters on an invoice if it has already been paid in order to prevent misunderstandings and the ensuing needless interactions from buyer to seller.An invoice is a sales invoice in the seller's eyes. An invoice is a purchase invoice in the eyes of the buyer. Although the term invoice implies that money is owed or owing, the document identifies the buyer and seller.
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A value chain is a linked set of value-creating activities- True- False
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True, a value chain is a linked set of value-creating activities.
The value chain refers to the set of activities or business procedures which are helpful for the firm to create a face value for the firm or its product in the market or the people consuming it in their lifestyle.
The value-creating activities can be the advertisement strategy which can be used to increase the customer flow in the company, manufacturing of great goods which can be considered great in terms of customer satisfaction, research and development in terms of sales, and knowing the market and the competition in opposition to our company so that better product can be used to handle the situation.
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make an essay on the importance of automated inventory management system
Answers
The required answer to this question is an essay on the importance of automated inventory management system :
Title: The Importance of Automated Inventory Management Systems
Introduction:
In today's fast-paced and highly competitive business environment, efficient inventory management plays a pivotal role in determining the success of any organization. Traditional manual methods of inventory management are often time-consuming, error-prone, and inefficient. However, with the advent of technology, automated inventory management systems have emerged as invaluable tools for businesses of all sizes. This essay explores the significance of automated inventory management systems and highlights the numerous benefits they bring to organizations.
Streamlined Operations and Enhanced Efficiency:
One of the primary advantages of an automated inventory management system is its ability to streamline operations and improve overall efficiency. Manual inventory management is labor-intensive and susceptible to human errors such as misplaced items, data entry mistakes, and miscalculations. In contrast, automated systems utilize barcode scanning, RFID (Radio Frequency Identification), and other technologies to accurately track inventory levels and movements. This automation eliminates the need for manual counting, reduces errors, and ensures real-time accuracy, thereby enabling businesses to operate smoothly and efficiently.
Conclusion:
In conclusion, the implementation of automated inventory management systems brings numerous benefits to organizations, ranging from streamlined operations and enhanced efficiency to optimized inventory levels and reduced costs.
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Excited to buy her dream car, Molly rushes into her local Volkswagen dealership. Molly picks out a
car, sits down at the financing desk, and hears the following:
"Well, we ran your credit history. You've got a really thin file -- just a year's worth of student
loan payments. The deal you saw was for 'well qualified buyers. The best deal we can offer
you is 6.6% for 60 months. A little more bad news -- the cash allowance is also based on
credit history, so you don't qualify for $500. That said, you're excited about a Volkswagen,
and I want to see you driving one, so I can do $400 for you!"
9. Molly still has a $2500 down payment. How much loan does Molly need?
10. How much will Molly's monthly payment be using the Bankrate calculator?
11. How much total interest will molly pay using this plan?
12. How many is the total cost of her car after all together?
Answers
9. The amount of loan that Molly needs with a $2,500 down payment is $22,100.
10. Molly's monthly payment is $433.
11. The total interest Molly will pay under this plan is $3,907.
12. The total cost of Molly's car is $28,507.
Loan Amount:Required cash allowance = $500
Qualified cash allowance = $400
Down payment = $2,500 (typically 10% of value)
Total price of car = $25,000 ($2,500/10%)
Loan required = $22,100 ($25,000 - $2,500 - $400)
Interest and Periodic Payment:N (# of periods) = 60 months
I/Y (Interest per year) = 6.6%
PV (Present Value) = $22,100
FV (Future Value) = $0
Results:
PMT = $433.45
Sum of all periodic payments = $26,007
Total Interest = $3,907
Total Cost of the car to Molly:Down payment = $2,500
Total periodic payments = $26,007
Total cost = $28,507 ($26,007 + $2,500)
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a client uses a suspense account for unresolved questions whose final accounting has not been determined. if a balance remains in the suspense account at year end, the auditor would be most concerned about
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The auditor would be most concerned about suspense debits that management believes will benefit future operations.
Management is the process of planning, organizing, directing, and controlling the activities of an organization or a group of individuals to achieve specific goals and objectives. It involves coordinating the efforts of people, utilizing available resources, and making decisions that affect the overall performance and success of the organization.
Management is a vital aspect of business and organizations, as it helps to ensure that resources are used effectively and efficiently. Effective management can lead to improved performance, increased productivity, and higher levels of customer satisfaction.
Management can also refer to the group of individuals responsible for overseeing and making decisions within an organization. These individuals typically hold leadership positions and are responsible for setting and achieving organizational goals, as well as ensuring that the organization operates effectively and efficiently.
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you are hired as an international business consultant by a successful Canadian winery located in Ontario. the company has been operating successfully in both Canada and the US for more than 25 years. the main product ( the Canadian ice wine) has won numerous international awards for the best ice wine.
the company is seeking growth opportunities and the purpose of the project is to enter two new countries. Netherland and UK. as an international business consultant, write a report for your manager related to this new entry and explain everything
Answers
In order to enter the Netherlands and the UK market, the Canadian winery should conduct thorough market research, choose an appropriate market entry mode, develop a marketing strategy, and mitigate potential risks.
As an international business consultant, the first step would be to conduct thorough research on the Netherlands and the UK's wine market. After identifying potential opportunities and risks, the next step would be to create a market entry strategy for the Canadian winery in these two countries.The market entry strategy should be based on a detailed analysis of the competitive landscape, target market, consumer preferences, and regulatory environment in both countries.
For the Netherlands and the UK, the following should be considered:
1. Market research and analysis: It is crucial to understand the Netherlands and the UK's wine market to make informed decisions. The market analysis should include information such as the size of the market, competition, consumer preferences, trends, and regulatory environment. The market analysis should help identify potential opportunities and challenges.
2. Market entry modes: The next step would be to choose an appropriate market entry mode. For the Canadian winery, the following entry modes are recommended:
Direct exports: This would involve exporting products from Canada to the Netherlands and the UK. Licensing: This would involve granting licenses to local firms in the Netherlands and the UK to produce and distribute the Canadian ice wine. Joint ventures: This would involve forming partnerships with local firms in the Netherlands and the UK. Investment: This would involve setting up production facilities in the Netherlands and the UK. It is important to evaluate the pros and cons of each mode of entry before making a final decision.3. Marketing strategy: Once the market entry mode has been identified, the next step would be to develop a marketing strategy. The marketing strategy should be based on the target market, consumer preferences, and competition. The marketing strategy should include the product, price, promotion, and distribution strategies.
4. Risk analysis: It is important to conduct a risk analysis to identify potential risks and develop strategies to mitigate them. Risks that should be considered include legal and regulatory risks, political risks, and economic risks.
In conclusion, entering the Netherlands and the UK market is a significant opportunity for the Canadian winery to expand its operations and grow its business. However, the company should conduct thorough market research, choose an appropriate market entry mode, develop a marketing strategy, and mitigate potential risks to ensure a successful entry into these two countries.
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what is a company market share
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A company's market share is its sales measured as a percentage of an industry's total revenues. You can determine a company's market share by dividing its total sales or revenues by the industry's total sales over a fiscal period. Use this measure to get a general idea of the size of a company relative to the industry.
I hope this helps! Good luck.
differences between departmental stores and chain stores
Answers
Answer:
Chain stores and department stores are two distinct ideas. Department stores have a long history of providing a wide range of products for retail sale, whereas chain shops are retail establishments with the same name and management in numerous locations. Contrary to popular belief, not all department shops are part of a chain. There are numerous chains that aren't thought of as department stores, including eateries and speciality shops. One of the most well-known chained department shops is Macy's, located on Herald Square in New York City.
A department store is often a sizable retail space that provides a wide range of products divided into distinct sections. Retail establishments that are part of a chain share a brand and centralised management. They frequently include standardised corporate procedures.
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Purchasing & Inventory Control Math Quiz
QUESTION 1 of 10: You begin the week with 30 units of orange juice. You purchase 50 units. Your ending inventory for the week is 30 units.
How many units did you sell?
0000
a) 5
b) 15
c) 49
d) 50
Answers
Towards the end, 50 units had been sold.(option d)
How would you define inventory?The items and supplies that a company keeps on hand with the intention of reselling, producing, or using them are referred to as inventory or stock. The main focus of inventory management is determining the location and shape of stocked commodities. All the goods, merchandise, and supplies that a company keeps on hand in anticipation of selling them for a profit are referred to as inventory. Example: Only the paper will be regarded as inventory if a paper vendor utilizes a vehicle to distribute newspapers to clients. The car will be considered an asset.
Inventory sold = 30 + 50 - 30 = 50.
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An innovative business idea that no one has never had
Answers
An innovative business idea that no one has never had is Offering virtual assistance to other businesses.
What is innovative business idea ?innovative business idea can be described as an idea in business that cn be developed so that it can be a way to earn a living by providing the services or the goods to the consumer.
It should be noted that this innovation can be the one that no one has ever done or the modification of the one that has been in exisitence, however providing the virtual assistance serves as one of the innovation in business that can ring profit.
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Complete question:
State An innovative business idea that no one has never had
calculate the current market price ($ amount) of a bond with a face value of $1000, a coupon rate of 5.30%, a yield to maturity of 6.12%, semiannual coupon payments and 12 years until maturity.
Answers
To calculate the current market price of a bond with a face value of $1,000, a coupon rate of 5.30%, a yield to maturity of 6.12%, semiannual coupon payments, and 12 years until maturity, we'll use the bond pricing formula:
Bond Price = C * (1 - (1 + r)^(-n)) / r + F * (1 + r)^(-n)
where:
C = coupon payment
r = iyeld to maturity / 2 (semiannual)
n = number of periods (years * 2 for semiannual)
F = face value
First, calculate the semiannual coupon payment: C = $1,000 * 5.30% / 2 = $26.50
Next, find the semiannual yield: r = 6.12% / 2 = 3.06% (0.0306 as a decimal)
Then, find the number of periods: n = 12 years * 2 = 24
Lastly, calculate the bond price using the formula:
Bond Price = $26.50 * (1 - (1 + 0.0306)^(-24)) / 0.0306 + $1,000 * (1 + 0.0306)^(-24)
Bond Price ≈ $846.62
Thus, the current market price of the bond is approximately $846.62.
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the revolution in management that is currently under way suggests that the most effective managers of the future will
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The current management revolution suggests that the most effective future managers will need to "be skilled communicators and team players."
This is because, unlike in the past, when employees tend to follow the manager's instructions to the letter without questions, many employees today tend to speak back or ask more questions.
Also, coupled with the fact that many today's employees prefer working without strict supervision, the tendency for conflicts to occur increases, and the need for motivation becomes significant.
Hence, in this case, it is concluded that future managers would need to be good communicators and team players, not just among the executives but also among the lower employees.
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What is a stock symbol?
Answers
Answer:
A stock symbol is an arrangement of characters—usually letters—representing publicly-traded securities on an exchange. When a company issues securities to the public marketplace, it selects an available symbol for its shares, often related to the company name.
Explanation:
the objective of business activities is to make a(n) . when a taxpayer's activity is pursued for personal pleasure, that activity is treated as a(n) when revenues and expenses are incurred
Answers
The objective of business activities is to make profit and when a taxpayer’s activity is pursued for personal pleasure that activity is treated as a hobby.
Any business's primary goal is to turn a profit. A firm cannot thrive without revenue, just as a plant cannot survive without water. For businesses to thrive and expand, profit is essential.
Profits ensure a steady flow of funding for the future renovation and expansion of corporate operations. Profits are another indicator of how stable, effective, and advanced a corporate organisation is.
The owners of a business must define goals for themselves in order to carry out their plans, monitor their progress, and achieve their goals. These are the objectives that each organisation sets in order to carry out its duties all year long.
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harry heads the marketing team of dempsey corp. he is highly proficient and is regularly approached by his coworkers for solutions to problems. he is also seen as a hard working individual who gives preference to the improvement of his organization over other things. these characteristics of harry indicate that he is a(n)
Answers
Autocratic leadership is a form of leadership defined by individual control over every decision and a small contribution from team members.
An autocratic leader is a type of leader who maintains strict control over their followers and makes decisions without seeking input or feedback from others. Autocratic leaders typically exercise their authority with a high degree of power and may use force or coercion to maintain their position.
Autocratic leadership can be effective in situations where quick decisions need to be made or when there is a need for a strong and decisive leader. However, it can also lead to a lack of creativity, motivation, and job satisfaction among followers, as they are not given the opportunity to contribute to decision-making processes. Autocratic leadership styles can vary in their severity, with some leaders being more authoritarian and others being more benevolent.
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the highest valued alternative that must be given up in order to choose an option is called the:
Answers
Answer:
The opportunity cost
Explanation:
Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
Answers
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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[Quality of Services Marketing]
1. Which of the following is an example of a B2B internet service? [Answer: Tech Support]
2. Many companies have sophisticated tracking software [Answer: Critical incident technique]
3. Which of the following is not a characteristic of a service? [Answer: Reliability]
4. What is the encounter between service-consumer that occurs during delivery of the service is known as? [Answer: Experince qualities]
5. Your local credit union offers a variety of services to its members [Answer: Fresh-baked cookies and gourmet cookies]
6. The measure of the difference between a customer's expectation [Answer: Gap analysis]
7. Shepherd University is launching new services to attract more students [Answer: Bachelor's degrees]
8. A large store that sells groceries also has a large pharmaceuticals section with a 24-hour pharmacy. [Answer: Offering free coffee tastings]
9. John always takes his car to the same place for an oil change. [Answer: Augmented]
10. Which of the following is not a service of quality attribute? [Answer: Response qualities]
- You can thank me by thanking my previous answers, would be very appreciated -
Answers
All of your answers are correct.
The questions given and their appropriate responses can be seen below:
1. Tech Support is an example of a B2B internet service.
2. Many companies have sophisticated tracking software - Critical incident technique.
3. Reliability is not a characteristic of a service.
4. Experience qualities is the encounter between service-consumer that occurs during delivery of the service
5. Your local credit union offers a variety of services to its members such as Fresh-baked cookies and gourmet cookies.
6. Gap analysis is the measure of the difference between a customer's expectation.
7. Shepherd University is launching new services such as Bachelor's degrees to attract more students.
8. Offering free coffee tastings is a large store that sells groceries also has a large pharmaceuticals section with a 24-hour pharmacy.
9. John always takes his car to the same place for an oil change - Augmented
10. Response qualities is not a service of quality attribute.
What is Service marketing?This is defined as the marketing that businesses that provide a service to their customers use to increase brand awareness and sales.
The answers to the questions given can be seen appropriately given above.
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What is suggestive selling? Have you experienced an example of this? If so, describe the experience. Why do restaurants use suggestive selling?
Answers
Answer:
Explanation:
Suggestive selling is when someone recommends a better version of the product which you are purchasing or even recommends another totally different product that may suit your individual needs better. Almost everyone has experienced this in some capacity before. For example, any time you go to a fast-food chain they always ask if you would like to increase the size of your order (super-size) for a small additional fee. This is suggestive up-selling, and companies do this because they make additional profit from these items that they are suggesting.
Please no one answer this question I’m looking for my sister she ran away she always runs away a she loves brainy so please don’t answer
Kennedy walker come home we’re have your favorite
Ps I know you look up your name that’s why I did this come home we can play Harry Potter all night love jewel
Answers
ummmmmmmmmmmmmmmmmmmmmmmmm
Answer: jewel im at Walmart f0ck off
Explanation:
Your plan projects revenue of $5,000, $8,000, and $10,000 in years 1 through 3. Expenses are projected to be $9,000 for each of years 1 through 3. If your only funding need is the gap between revenue and expenses, which is the best estimate of your maximum cumulative funding need?
a) $0
b) $1,000
c) $4,000
d) $50,000
Answers
Answer:
c) $4,000
Explanation:
The only funding needed is the difference between revenue and expense.
For year 1: funding required is $9,000 -$5000 = $4000
For year 2: funding required is$ 9,000 - $8000 = $1000
For year 3: funding required is $9000 -$10,000 = -$1000
cumulative funding = $4000, + $1000 + (-$1000)
=$5000 - $1000
=$4000
Expected daily production is $2,720 Oil price of each barrel value is $50 Days is 365 days Now, Calculate the annual cash revenues from a new perimeter. use a future oil price of $100 per barrel.
Answers
The annual cash revenues from the new perimeter using a future oil price of $100 per barrel is $1,985,600.
1. Expected daily production: $2,720
2. Current oil price per barrel: $50
3. Number of days in a year: 365
4. Future oil price per barrel: $100
First, we need to find the number of barrels produced daily. To do this, divide the expected daily production by the current oil price per barrel:
Daily barrels produced = Expected daily production / Current oil price per barrel
Daily barrels produced = $2,720 / $50 = 54.4 barrels
Now, we need to calculate the total number of barrels produced annually:
Annual barrels produced = Daily barrels produced * Number of days in a year
Annual barrels produced = 54.4 barrels * 365 days = 19,856 barrels
Next, calculate the annual cash revenues using the future oil price per barrel:
Annual cash revenues = Annual barrels produced * Future oil price per barrel
Annual cash revenues = 19,856 barrels * $100 per barrel = $1,985,600
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make-or-buy decisions should be made only with related parties. true false
Answers
The statement "Make-or-buy decisions should be made only with related parties" is false because Make-or-buy decisions are strategic choices made by businesses to determine whether to produce a product or service internally or to purchase it from an external supplier.
These decisions are not limited to related parties and can involve a variety of suppliers, both related and unrelated.
In the make-or-buy decision-making process, businesses must consider various factors such as cost, quality, capacity, risk, and flexibility. Companies must assess the benefits and drawbacks of producing the product or service internally, as well as the potential advantages and disadvantages of outsourcing to an external supplier.
When evaluating external suppliers, businesses should not limit their options to only related parties. Instead, they should conduct a thorough analysis of all available suppliers, comparing their capabilities, pricing, quality, and reliability. This allows the business to make an informed decision that best aligns with their strategic goals and objectives.
In conclusion, make-or-buy decisions should be based on a comprehensive assessment of all relevant factors, including cost, quality, capacity, risk, and flexibility. Businesses should not restrict their options to only related parties but should consider a wide range of suppliers to find the best fit for their needs.
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In Ohio, what is the typical salary for a cost estimator who is in the top 10%?
Answers
Answer:
The typical salary for a cost estimator who is in the top 10% is $117,272
Explanation:
The salary of cost estimator in Ohio ranges between $54418 to $117,272.
$117,272 lies in the top 10% while the bottom 10% get $54418
On an average, the salary of cost estimator falls between $66,800 and $99,700
Pine Company provides for doubtful accounts expense at the rate of 2% of credit sales. The following data are available for 20X4: Allowance for doubtful accounts, 1/1/X4 $18,000 Accounts written off as uncollectible during 20X4 $20,000 Collection of accounts written off in prior years (customer credit was reestablished) $5,000 Credit sales year ended 12/31/X4 $1,500,000 The allowance for doubtful accounts balance at December 31, 20X4, should be
Answers
Answer:
the allowance for doubtful account balance is $28,000
Explanation:
The computation of the allowance for doubtful account balance is given below:
Allowance for Doubtful Doubts Balance
= Beg Balance + Bad Debt Expense - Accounts written off
= $18,000 + (2% of $1,500,000) - $20,000
= $18,000 + $30,000 - $20,000
= $28,000
hence, the allowance for doubtful account balance is $28,000
how you could implement organisation development activities
Answers
Implement organisation development by conducting a needs assessment, setting goals, involving stakeholders, designing and implementing interventions, evaluating results and making necessary adjustments.
To implement organization development (OD) activities, you first need to conduct a needs assessment to identify areas that need improvement. Then, you set specific goals and objectives to guide the OD process.
It's important to involve all relevant stakeholders in the process to ensure buy-in and support. Based on the needs assessment and goals, you design and implement interventions such as training programs, team building activities, and changes in processes and systems.
After implementing the interventions, you evaluate the results and make necessary adjustments. Regular evaluations can help track progress and make course corrections as needed to continuously improve the organization.
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What two principles did adam smith believe essential to the survival of an economy?
Answers
The two principles which the Adam Smith believed to be essential to the survival of an economy are self-interest and competition.
The self-interest and competition are considered to be very important economic forces. As, self-interest is considered to be the motivator of economic activity. Whereas, the competition is considered to be the regulator of economic activity.
However, together they tend to form what Adam Smith called the invisible hand, and then which guides resources to their most valued use. Thus, Adam Smith was among the first philosophers of his time in order to declare that the wealth is created through the productive labor, and self-interest motivates people.
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(whoops sorry this one's actually maths)
Marie goes to the clothing store. Her purchases equal $89.25. The sales tax is 8%. How much tax does she pay?
A $7.14
B $7.86
C $71.40
D $78.60
Answers
Answer:
she pays $ 7.14 tax ...
Explanation:
tax = tax rate × purchase cost
= 8% × $89.25
= $ 7.14
please help me!!! I literally have no clue what it is
Answers
Answer:
Critical Thinking,Mathematics, and Operation and Control.
Explanation:
Product planners need to think about products and services on three levels:
- each level adds more customer value
- CORE CUSTOMER VALUE
- ACTUAL PRODUCT
- AUGMENTED PRODUCT
Answers
Correct option is CORE CUSTOMER VALUE. It is the most basic level that addresses the question.
1. Core Benefit
The essential need that the customer is able to satisfy when they purchase the goods is the core benefit.
It's crucial to consider the main benefit from the customers' point of view. Asking yourself, "Fundamentally, why is the client buying this product?" is the simplest method to accomplish this.
2. Actual Product
The features and design of the product are what make it what it is. Products generally have a ton of features but few core benefits (benefits that the client actually receives).
3. Augmented Product
Any non-physical components of the product are the augmented product. The augmented product typically comes with things like a warranty and customer service. The augmented product can be a crucial tool for customizing your offering to satisfy particular customers' needs.
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Complete question -
Product planners need to think about products and services on three levels. Each level adds more customer value. Which one of the following is the most basic level that addresses the question, “What is the buyer really buying?”
A. Actual product
B. Augmented product
C. CORE CUSTOMER VALUE
D. Co-branding