Effective strategy to help new entrants gain a significant share in the financial service firm
Answers
To help new entrants gain a significant share in the financial service firm, key strategies include differentiation, strategic partnerships, targeted marketing, competitive pricing, and excellent customer service.
To help new entrants gain a significant share in the financial service firm, several key strategies can be employed:
1. Differentiation: Differentiate the new entrant by offering unique products, services, or features that stand out from competitors. This can include innovative technology solutions, personalized customer experiences, or specialized expertise in a particular niche.
2. Strategic Partnerships: Form strategic partnerships or collaborations with established players in the industry. This can provide access to their customer base, distribution networks, or expertise, helping the new entrant gain visibility and credibility.
3. Targeted Marketing: Develop targeted marketing campaigns to reach the desired customer segments. Utilize digital marketing channels, social media platforms, and targeted advertising to create awareness and attract customers who align with the new entrant's value proposition.
4. Competitive Pricing: Offer competitive pricing structures or incentives to entice customers away from established firms. This can include lower fees, introductory offers, or value-added services at a lower cost.
5. Excellent Customer Service: Prioritize exceptional customer service to build trust and loyalty. Promptly address customer inquiries, provide personalized assistance, and strive to exceed customer expectations, thus establishing a positive reputation.
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Related Questions
The stages of formation of the Psalter may be compared to a(n) _______ .
mountain
landslide
river
iceberg
Answers
Which of the following must be
certified by the FAA to be hired at
airports?
A. Air-traffic controllers
B. CB radio operators
C. Police Dispatchers
Answers
That will be Air - traffic controllers
mark brainliest pls
(Preparation of Operating Activities Section-Direct Method) Krauss Company's income statement for the year ended December 31, 2017, contained the following condensed information Service revenue $840,000 Operating expenses (excluding depreciation) $624,000 Depreciation expense 60.000
Loss on sale of equipment 26,000 710,000 Income before income taxes 130,000
Income tax expense 40,000 Net income 90,000 Krauss's balance sheet contained the following comparative data at December 31 2017 2016 Accounts receivable $37,000 $54,000 Accounts payable 41,000 31,000
Income taxes payable 4,000 8,500 (Accounts payable pertains to operating expenses.) Instructions Prepare the operating activities section of the statement of cash flows using the direct method. E23-6 (LO2,3) (Preparation of Operating Activities Section-Indirect Method) Data for Krauss Company are presented in E23-5. Instructions Prepare the operating activities section of the statement of cash flows using the indirect method
Answers
The net cash provided by operating activities using the direct method for Krauss Company is $244,000.
For Krauss Company, the operating activities section of the statement of cash flows using the direct method can be prepared as follows:
Cash received from customers:
Service revenue $840,000
Less: Decrease in accounts receivable ($54,000 - $37,000) $17,000
Cash received from customers $823,000
Cash paid for operating expenses:
Operating expenses (excluding depreciation) $624,000
Add: Increase in accounts payable ($41,000 - $31,000) $10,000
Less: Decrease in income taxes payable ($8,500 - $4,000) $4,500
Cash paid for operating expenses $629,500
Cash paid for income taxes:
Income tax expense $40,000
Less: Decrease in income taxes payable ($8,500 - $4,000) $4,500
Cash paid for income taxes $35,500
Cash paid for interest:
N/A
Cash received from other operating activities:
Loss on sale of equipment $26,000
Add: Depreciation expense $60,000
Total $86,000
Net cash provided by operating activities:
Cash received from customers $823,000
Cash paid for operating expenses ($629,500)
Cash paid for income taxes ($35,500)
Cash received from other operating activities $86,000
Net cash provided by operating activities $244,000
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massa machine tools expects total sales of $14,000. the price per unit is $6. the firm estimates an ordering cost of $9.96 per order, with an inventory cost of $0.84 per unit. what is the optimum order size?note: round your answer to the nearest whole number.multiple choice141 units118 units94 units235 units
Answers
Plugging in the values:EOQ = sqrt(2*2334*$9.96/$0.84) = 118 (rounded to nearest whole number)
Therefore, the optimum order size is 118 units. The answer is: 118 units.
The optimum order size can be calculated using the Economic Order Quantity (EOQ) formula:
EOQ = sqrt(2DS/H)
where:
D = total annual demand (in units)
S = ordering cost per order
H = inventory holding cost per unit
Given:
Total sales = $14,000
Price per unit = $6
D = Total sales / Price per unit = 14000/6 = 2333.33 (rounded to nearest whole number = 2334 units)
Ordering cost (S) = $9.96 per order
Inventory holding cost (H) = $0.84 per unit
Plugging in the values:
EOQ = sqrt(2*2334*$9.96/$0.84) = 118 (rounded to nearest whole number)
Therefore, the optimum order size is 118 units.
The answer is: 118 units.
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a treasury strips matures in 9 years and has a yield to maturity of 4.9 percent. assume the par value is $100,000. a. what is the price of the strips
Answers
The price of the Treasury STRIPS is $65,432.10.
The price of a Treasury STRIPS that matures in 9 years and has a yield to maturity of 4.9% can be calculated using the formula:
Price = Par Value / (1 + Yield to Maturity) ^ Number of Years
In this case, the par value is $100,000, the yield to maturity is 4.9%, and the number of years is 9. Plugging these values into the formula, we get:
Price = $100,000 / (1 + 0.049) ^ 9
Price = $100,000 / 1.528
Price = $65,432.10
It is important to note that Treasury STRIPS are zero-coupon bonds, meaning that they do not pay interest until they mature. This is why the price of the STRIPS is less than the par value, as investors are essentially paying a discounted price for the bond in exchange for receiving the full par value at maturity.
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Why didn’t some corporations protect women employees from sexual
abuse before 2017–2019?
Answers
The issue of why some corporations did not effectively protect women employees from sexual abuse before 2017-2019 is a complex and multifaceted one.
There are several potential factors that may have contributed to this:
1. Lack of Awareness: Prior to the #MeToo movement and other high-profile cases, there may have been a lack of awareness and understanding about the prevalence and seriousness of sexual abuse in the workplace. Many incidents may have gone unreported or been dismissed, leading to a perception that it was not a widespread problem.
2. Power Imbalance: Sexual abuse often occurs within a power dynamic, where the abuser holds a position of authority or influence over the victim. In some cases, corporations may have prioritized protecting the reputation and interests of powerful individuals or the company itself, rather than addressing the claims of abuse.
3. Organizational Culture: Corporate cultures that tolerate or normalize harassment can create an environment where victims are discouraged from speaking out and perpetrators are shielded from accountability. This can be perpetuated by hierarchies, implicit biases, and a lack of robust reporting mechanisms.
4. Fear of Retaliation: Women who reported abuse or sought justice may have faced retaliation, such as job loss, damaged reputation, or further harassment. This fear of repercussions may have deterred victims from coming forward and hindered the implementation of effective protective measures.
5. Inadequate Policies and Procedures: Some corporations may not have had robust policies and procedures in place to prevent and address sexual abuse. This could include insufficient training, reporting mechanisms, and support systems for victims.
It is essential to acknowledge that these are general factors, and each case may have its own unique circumstances. However, it was the collective outcry and increased awareness during the 2017-2019 period that brought significant attention to the issue and prompted corporations to reassess their approach to preventing and addressing sexual abuse in the workplace.
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People are willing to pay a higher price if they believe that supplies are
A. fluctuating
B. endless
C. increasing
D. limited
Answers
Hope this helps! :)
Answer:
D.Limited
Explanation:
On March 5 PV Inc purchased $3,300 worth of merchandise from Panther Supply with the terms 2/10,n/30 On March 14, PV Inc paid Panther Supply the amount owed less the discount. Show the journal entry for March 5 and March 14 a
Answers
the company wants to know if charging a flat fee of $3.00 and a per-mile charge of $1.50 will maintain its current revenue. based on the information in part (b), is a flat fee of $3.00 a reasonable value? explain.
Answers
No, a flat fee of $3.00 is not a reasonable value. Based on the data, the average cost of a trip is $5.20.
What is fee?Fee is a payment made to a professional or an institution for a service that they provide. It can be a one-time payment or a recurring payment. Fees can be paid for a variety of services, including tuition for an educational institution, fees for medical or legal services, or fees for membership in a professional organization.
b) Charging a flat fee of $3.00 would mean that the company would be losing money on every trip. However, the company could charge a higher flat fee, such as $4.00, and keep its current revenue.
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A credit card had an Apr of 12.87% all of last year and compounded interest daily. What was the credit card's effective interest rate last year?
Answers
Answer:
13.73%
Explanation:
Effective annual rate = (1 + APR / m ) ^m - 1
M = number of compounding = 365
\((1 + \frac{0.1287}{365} )^{365} - 1\)
\((1.000353)^{365} - 1\) = 0.1373 = 13.73%
beta corporation owns assets valued at $1,500,000 with liabilities of $700,000, and alpha holds assets valued at $350,000 with liabilities of $150,000. beta transfers 200,000 shares of stock and $50,000 cash, and it accepts $100,000 of alpha’s liabilities, in exchange for all of the alpha assets. alpha distributes the beta stock to its shareholders for their alpha stock and then ceases to exist.
Answers
"Type A" reorganization. The transaction does not qualify as a "Type C" reorganization because substantially all of the assets are not acquired with voting stock.
What are liabilities?A liability is anything that a person or organisation owes, usually money. Advances, accruing costs, mortgages, bonds, accounts payable, securities, and deferred revenues are all included in the liabilities section of the asset report.
Liabilities on the balance sheet's right side are represented by debts like as loans, accounts payable, mortgages, deferred revenue, bonds, warranties, and accumulated costs.
A company's liabilities are essential since they are utilised to fund operations and big expansions. They can also speed up business-to-business transactions.
Liabilities reduce your company's worth and equity, but assets create value and enhance equity. The more your assets exceed your liabilities, the better off financially your company is.
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place rock unit events in order.
3. (Note: The surface is not a layer. It is ground-level, complete with happy little trees.) \( \mathrm{A} 3 \) Homework \( - \) Unanswered Place the rock units events in order from oldest on bottom t
Answers
To place the rock unit events in order from oldest to youngest, we need to consider the principle of superposition, which states that in an undisturbed sequence of rock layers.
1. Homework: This event is the most recent one as it is mentioned last in the given list.2. A3: This event is mentioned before Homework, suggesting that it occurred earlier than Homework.3. Unanswered: This event is mentioned before A3, indicating that it happened before A3.Therefore, the correct order from oldest to youngest is: Unanswered → A3 → Homework.we need to consider the principle of superposition, which states that in an undisturbed sequence of rock layers, the youngest rocks are on top, while the oldest rocks are at the bottom.
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Please help, <3
Analyze two pricing strategies for their advantages and disadvantages and give reasons for a business to use each of those pricing strategies.
Answers
hope it helps
If you were to open up a business, how many hours would you be open ?
Answers
pegasus airlines. pegasus airlines uses 500 taillights per year. each time an order for taillights is placed, an ordering cost of $5 is incurred. each light costs 40 cents and the holding cost is 8 cents/light/year. assume that demand occurs at a constant rate and shortages are not allowed. what order quantity should pegasus use to make replenishments? how many orders will be placed each year? how much time elapse between the placements of orders?
Answers
To make replenishments, Pegasus Airlines should order approximately 250 taillights per order. They will place 2 orders each year with approximately 182.5 days between the placements. To determine the order quantity, we can use the Economic Order Quantity (EOQ) formula. The EOQ formula is given by the square root of [(2DS) / H], where D is the annual demand, S is the ordering cost per order, and H is the holding cost per unit per year.
1. D: The annual demand is given as 500 taillights per year.
2. S: The ordering cost per order is $5.
3. H: The holding cost per unit per year is 8 cents/light/year.
Now let's calculate the order quantity using the EOQ formula:
EOQ = √[(2DS) / H]
EOQ = √[(2 * 500 * $5) / $0.08]
Simplifying the equation:
EOQ = √[(1000 * $5) / $0.08]
EOQ = √[5000 / $0.08]
EOQ = √62500
EOQ ≈ 250
Therefore, the order quantity Pegasus Airlines should use to make replenishments is approximately 250 taillights per order.
To find the number of orders placed each year, we can divide the annual demand by the order quantity:
Number of orders = Annual demand / Order quantity
Number of orders = 500 / 250
Number of orders = 2
Hence, Pegasus Airlines will place 2 orders each year.
To determine the time elapsed between the placements of orders, we can divide the number of working days in a year by the number of orders placed:
Time elapsed = Number of working days in a year / Number of orders
Assuming there are 365 working days in a year:
Time elapsed = 365 / 2
Time elapsed = 182.5 days
Therefore, the time elapsed between the placements of orders will be approximately 182.5 days.
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If a country had a trade deficit of $10 billion and then its exports rose by $20 billion and its imports rose by $10 billion, its net exports would now be
Answers
Answer:
the answer would be $0
Answer the qwustion and show your work and provide a detailed
explanation as to why that answer is correct (letter d is wrong).
Answers
The question asks for an explanation of the given question.
The given question requests an explanation, which means providing a detailed account or description of the question. In this context, an explanation would involve breaking down the components of the question, examining its structure, and offering insights into its purpose and relevance.
Explaining a question typically involves analyzing its underlying concepts, identifying any key terms or assumptions, and providing a clear and comprehensive response that addresses the question's intent. It often requires breaking down complex ideas into simpler terms, providing examples or evidence to support the answer, and ensuring the response is logical and coherent.
By explaining the given question, we can enhance understanding, clarify any uncertainties, and provide a thorough response that satisfies the inquiry. It allows for a deeper exploration of the topic at hand and provides the necessary context for a meaningful and informed discussion.
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One reason that Yvette decided to keep her money in the bank rather than finding someone to lend it to is that banks:
A Must hold reserves equal to their checkable deposit
B Pay higher interest rates than individual borrowers
C Have expertise in evaluating loan applicants
This is an example of how banks can help to solve the problem posed by ( Asymmetric information / The double coincidence of wants / illiquidity)
Answers
One reason that Yvette decided to keep her money in the bank rather than finding someone to lend it to is that banks have expertise in evaluating loan applicants.The correct option is (C).This is an example of how banks can help to solve the problem posed by asymmetric information.
Asymmetric information refers to a situation where one party has more or better information than the other party in a transaction. In this case, banks have more knowledge and expertise in assessing the creditworthiness of borrowers, as well as managing risks associated with lending money. Yvette deposits her money in the bank, where it will be managed by experienced professionals who specialize in lending and risk assessment.
The bank evaluates loan applicants based on various criteria, such as their credit history, income, and the purpose of the loan. By analyzing this information, the bank is able to determine the likelihood of a borrower repaying the loan and can assess the overall risk associated with lending to each applicant. The bank lends money to applicants who meet its risk assessment criteria, ensuring that Yvette's funds are lent to borrowers with a lower likelihood of defaulting on their loans. As a result, Yvette's money is better protected and she can earn interest on her deposit while the bank manages the lending process.
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. How are jobs created in different economic systems?
• Market
• Mixed
• Command
Traditional
Answers
Answer:
it depends
Explanation:
it depends on the area the person stays
Which marketing tactic runs counter to the practice of market segmentation?
undifferentiated marketing
targeted marketing
marketing campaign
demographic marketing
Answers
targeted marketing
I hope this helps you
:)
The Government of Country Y owns and controls many businesses. "The public sector always produces goods and services more efficiently than privately owned businesses', a Government minister recently said. Other ministers disagree and want to privatize many state-owned businesses. The private sector businesses in Country Y produce 55 per cent of total output - mainly in services such as transport, tourism and finance. The secondary sector of industry produces 35 per cent of total output.
Answers
Answer:
what do i have to answer?
Explanation:
In the absence of definitive guidelines from the FASB, companies that have applies pushdown accounting in the separate financial statements of substantially wholly owned subsidiaries have used accounting techniques analogous to quasi-recognitions or to recognitions under the U. S. That is the restatement of the subsidiary’s identifiable assets and liabilities to current fair values and the recognition of goodwill are accompanied by a write-off of the subsidiary’s retained earnings; the balancing amount an increase in additional paid-in capital of the subsidiary. What is your opinion of the foreign accounting practice? Explain
Answers
The rules that make up GAAP are thought to be case-specific, rather than truly embodying a greater idea. IFRS is based on principles.
The U.S. Securities and Exchange Commission (SEC) adopted Generally Accepted Accounting Principles (GAAP or U.S. GAAP), which is the standard accounting practiced by businesses with U.S. headquarters by default. The Accounting Standards Codification (ASC), the sole authoritative nongovernmental source of U.S. GAAP, is published and updated by the Financial Accounting Standards Board (FASB). Beginning in 2008, the FASB made U.S. GAAP available in XBRL (Extensible Business Reporting Language). The authoritative GAAP that the FASB recognizes and encourages nongovernmental organizations to follow can be found in the FASB Accounting Standards Codification. Rules and interpretive releases of the SEC under authority of federal securities laws are also sources of authoritative GAAP for SEC registrants.
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Use the graph to answer the question that follows.
Which statement describes the shift from D1 to D2?
Demand for the product increased.
Less of the product is being produced.
Demand for the product decreased.
More of the product is being produced.
Answers
The statement that describes the shift from D1 to D2 is the demand for the product increased.
What does the shift from D1 to D2 signify?The graph represented in the image is that of a demand curve. A demand curve is a curve that shows the relationship between price and quantity demanded.
The demand curve is negatively sloped because the higher the price, the lower the quantity demanded. This is in line with the law of demand.
When the demand curve shifts to the right, it indicates an increase in demand. When the demand curve shifts to the left, it indicates a decrease in demand.
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Answer:
Demand for the product increased!
Explanation:
option A
Which of the following could be a trade secret?
Answers
where are the questions there are not questions
how am i supposed to help you if there is no questions
Seadrill Engineering licenses software to oil-driting firms for 5 years. In additon to providing the software. the cornpany aiso provides consuitig services and support to ensure smooth operation of the soltware over the contract period. The total transaction price is $420.000. Based on standalone vaiues. the company estimates the consuling services and stpport have a value of $120.000 and the softuare license has a value of $300,000. As 1 uming the performance obligations are not interdependent, the journal entry to record the tranazetion includes: A a credit to Unesmed Servicu. Revenve of $120,000. 11. a credit to Service Revenue of $120,000. ic a cresit to $3=3 Revenco foe $300,000 and a credit to Unearned Service Revenue of $120,000 D a credit to Samos Revenue of 3420000 :
Answers
Seadrill Engineering licenses software to oil-drilling firms for 5 years. In addition to providing the software, the company also provides consulting services and support to ensure smooth operation of the software over the contract period. The total transaction price is $420.000. Based on standalone values, the company estimates the consulting services and support have a value of $120.000 and the software license has a value of $300,000. Assuming the performance obligations are not interdependent, the journal entry to record the transaction includes:Option B. A credit to Service Revenue of $120,000.
Seadrill Engineering is a company that licenses software to oil-drilling firms for five years and also provides consulting services and support to ensure smooth operation of the software over the contract period.
The transaction is composed of two standalone performance obligations, namely the software license and the consulting services and support. Since the software license and the consulting services and support are independent of each other, they will be accounted for separately.Here's the journal entry to record the transaction:$300,000 Debit - Software License$120,000 Debit - Consulting Services and Support$420,000 Credit - Service RevenueThe amount of $300,000 is debited to the Software License account to reflect the value of the software. The Consulting Services and Support account is debited for $120,000. Finally, the Service Revenue account is credited for the total transaction price of $420,000.
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THERE ARE TEN BUTTONS ON THE TABLE
Answers
Answer:
what
Explanation:
..............................cool................
which intuit payroll offering requires that you actively process the payment of the payroll liabilities inside of quickbooks desktop
Answers
The full service intuit payroll offering requires a person to actively process the payment of the payroll liabilities inside of the QuickBooks desktop. Therefore, the option A holds true.
The payroll system is a feature offered under the QuickBooks software. This feature has been widely used by people to process the different payments that they need to make as a part of their regular monetary operations. The full-service payroll under this software allows paying the liabilities only when the payments are processed actively.
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Complete question
which intuit payroll offering requires that you actively process the payment of the payroll liabilities inside of quickbooks desktop
A. Full service
B. Partial service
C. Zero Service
D. None of the above
Which website citation is written correctly in MLA style?
“CareerOneStop.” 2013. Web, May 18, 2013. US Department of Labor and the State of Minnesota.
“US Department of Labor and the State of Minnesota, 2013.” CareerOneStop. 18 May.
CareerOneStop. US Department of Labor and the State of Minnesota, 2013. Web. 18 May 2013.
US Department of Labor and the State of Minnesota. “CareerOneStop.” Web, May 18, 2013.
Answers
Answer:
C. CareerOneStop. US Department of Labor and the State of Minnesota, 2013. Web. 18 May 2013.
Explanation:
Right On Edge, also just took the Quiz.
The website citation which is written correctly in MLA style is -
CareerOneStop. US Department of Labor and the State of Minnesota, 2013. Web. 18 May 2013.
What is a citation style?A citation style is a set of rules for citing sources in academic writing. To avoid plagiarism, you must always include a citation anytime you quote, paraphrase, or summarise a source. Different universities, academic groups, and publishers establish different styles, which are frequently published in an official handbook with detailed instructions and examples.
There are numerous citation styles, but they all follow one of three basic principles: parenthetical citations, numbered citations, or note citations.
MLA style is the Modern Language Association's official style, as stated in the MLA Handbook. (9th edition). It is commonly utilised in a variety of humanistic subjects. It's author-page rather than author-date, unlike most parenthetical citation styles.
Therefore, the third option is correct.
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Question 1 (1 point)
Walter is a seasoned sales professional who oversees a team of sellers for the Great
Lakes region. His main job functions are to motivate his sales force and develop
strategies to meet business selling goals. What sales position does Walter have?
O regional sales manager
director of sales
O vice president of sales
account executive
Answers
Walter is in Regional Sales Manager position.
Explain the objectives of sales?
1. Establish measurable sales targets and goals: Identify key performance indicators (KPIs) and set realistic, achievable targets for sales to be achieved.
2. Analyze customer data: Use customer data to understand customer needs and preferences, develop customer segmentation strategies, and identify opportunities to increase sales.
3. Develop marketing strategies: Develop marketing strategies and plans that include promotional activities, pricing strategies, and other tactics to drive sales.
4. Lead sales team: Lead the sales team by setting clear expectations, providing training, and monitoring performance.
5. Monitor and adjust: Monitor sales performance and adjust strategies and tactics to improve results.
6. Manage customer relationships: Build strong, long-lasting relationships with existing customers and nurture relationships with potential customers.
Walter oversees a team of sellers for the Great Lakes region, and his main job functions are to motivate his sales force and develop strategies to meet business selling goals. This indicates that he has a managerial role, which is typically associated with the Regional Sales Manager position.
Therefore, Regional Sales Manager is the correct answer.
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Help with This question
Which of the following fonts is most legible for a block of text? What font size and color would you choose if you were writing a block of text in a formal business document?
Answers
Answer: Arial. 12 and black
Explanation: It is the most professional and clear to read. It is very important to use fonts, sizes, and colors people can clearly read.