Establishing a sustainable competitive advantage is the key to ________ performance.A) short-term marketB) short-term financialC) short-term employeeD) long-term employeeE) long-term financial

Line-Extension Innovation Existing offering groupings now contain new sub-categories thanks to line-extensions.

Although the user-facing features or packaging change enough to produce new products and services, most of the infrastructure remains largely unchanged.

What kind of line extension is that?

When a parent brand introduces a new product line in a market where its customers are already familiar with it, this is known as a line extension. Brands can expand their product lines without developing new categories. The addition of new flavors to a soft drink company's current drink selection is a prime illustration of a line expansion.

What is a strategy for line extensions?

A marketing tactic known as "product line extension" leverages an established brand to add a new item to an existing product line. A company's new product could have minor differences from its existing products in terms of, for example, flavor, color, form, components, or packaging size.

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In case whereby, promotion stimulates demand, then it could bring about lower prices for consumers which can be regarded as promotional issue to the brand.

We can conclude that for promotion to stimulates demand, the result could be lowering of price of goods for the consumer.

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Answer:

Elastic Demand

Explanation:

The term elastic means stretchy or stretching. Elastic demand implies a demand that is changing or moving.

Elastic demand is the term used to describe the demand for a good that changes due to an increase or decrease in prices. A product or service whose demand changes significantly in response to a small change in price is said to have elastic demand.

The scenario described in this case is that of elastic demand. The demand for purple crocs rose from 8 in July to  27 in august. An increase of 19 units, which represents an increase of 237 percent. The increase in demand was a result of a decrease in price from $75 to $50.  The price changes by $25, which is a decline of 33 percent. A drop in price by 33 percent results in a rise in demand by 237 percent is an illustration of elastic demand.

Answer:One of the main reasons why people are motivated to do a job well is the sense of achievement they get from it. Achievement is the feeling of pride that comes from knowing you have done your job well.

A second type of motivation that is common in the workplace is that of power. Some people get a lot of pleasure out of having power and authority. This is not necessarily a bad thing, as sometimes these people are particularly good at directing others and can make good managers.

Both types of motivation are common, and they can be very important in the workplace. However, the sense of achievement can be created by the person individually, and requires little group work. On the other hand, the motivation of power depends on the type of interaction the person has with others.

Explanation:self motivation requires a personal drive where as group motivation has other people tell you when your doing good or they can help you when it isnt going right.

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The statement true about mortgage is B. adjustable mortgage has adjustable rates over a set amount of time.

A mortgage is basically a pact or agreement between the person who is providing a loan in the form of money and the person taking the loan in the form of money. It includes that if you fail to return the amount  the lender has all the rights by which they can take away your property that you have submitted as a security deposit in form of property papers.

There are two types of mortgages on the basis of interest rates first is adjustable mortgages which has adjustable rates of interest through a fixed period of time. On the other hand is fixed mortgages which means there is a fixed rate of interest for a fixed period of time.

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Answer: I'm going to take a guess and say 1 and 3.

Explanation: Just taking a guess.

'Knowing how much your customers spend' is not a key to marketing the right way to the right people. Option C is correct.

While understanding your customers' spending habits and income level can provide valuable insights for effective marketing, the key to marketing the right way to the right people lies in the first two options. Knowing who you are as a brand helps establish your unique value proposition and brand identity, enabling you to position yourself effectively in the market.

Equally important is knowing who your customer is, which involves researching their demographics, psychographics, preferences, and needs. This understanding allows you to tailor your marketing strategies and messages to effectively target and engage your intended audience.

However, knowing how much your customers spend is not as essential as the other factors mentioned in effectively marketing to the right people.

Option C holds true.

The complete question:

Which of the following is NOT a key to marketing the right way to the right people?

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The steps for manually calculating future value of an ordinary annuity is as follows 4. No interest is calculated on the first period. 2. Calculate interest on the balance, and add the interest to the previous balance. 3. Add additional investment at the ed of the second period to the new balance. 1. Continue calculating interest on balance, adding to previous balance, then adding additional investment until desired period is reached.( 4, 3, 2, 1 ).

How do you determine an ordinary annuity's future value?

The future value of an ordinary annuity is calculated using the formula F = P * ([1 + I]N - 1)/I, where P is the payout amount. I is equivalent to the discount (interest) rate. There will be N payments; the "" denotes that N is an exponent. F stands for the annuity's future value.

The following equation can be used to determine future value with compound interest: future value = present value x (1 + interest rate)n. Use the following equation to determine future value with simple interest: future value = present value x [1 + (interest rate x time)].

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The law of demand can be defined as the fundamental principle that underpins economics and the study of the behavior of markets. It is the observation that as the price of a good or service rises, the quantity demanded will fall, and as the price falls, the quantity demanded will rise.

The law of demand is the basis for understanding how price and quantity interact in markets, and how businesses and individuals make choices about how much to buy or sell.When we talk about the law of demand, we are really talking about the relationship between price and quantity.

When the price of a good or service increases, people are less likely to buy it because it becomes more expensive. This means that the quantity demanded will fall. Conversely, when the price of a good or service decreases, people are more likely to buy it because it becomes more affordable. This means that the quantity demanded will rise.

The law of demand is important for businesses to understand because it helps them make decisions about pricing and production. When a business raises its prices, it can expect the quantity demanded to fall, which means it will need to produce fewer goods or services.

Conversely, when a business lowers its prices, it can expect the quantity demanded to rise, which means it will need to produce more goods or services. Therefore, it is important for businesses to strike the right balance between price and quantity in order to maximize profits.

In conclusion, the law of demand affects the quantity demanded in that as the price of a good or service rises, the quantity demanded will fall, and as the price falls, the quantity demanded will rise.

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Answer:

is a medium of exchange but not a unit of account

Answer:

The major objectives of a business include the following:

1. Profit

2.  Growth

3.  Stability

4.  Efficiency

5.  Survival

Explanation:

1. Profit: this is practically the number one objective of any business, to maximize profit as much as it can. In order words, not just to get back the investment capital, but to earn profit as well.

2. Growth: this involves growing bigger or having an expansion in the number of sales and markets generally. As a customer of a business increases, this is often lead to business growth and more money

3. Stability: to have the stability of operation, without occasional or unnecessary break down in mode of operation or production. This will help to keep the business moving.

Answer:

Perfect competition is an ideal type of market structure where all producers and consumers have full and symmetric information, no transaction costs, where there are a large number of producers and consumers competing with one another. Perfect competition is theoretically the opposite of a monopolistic market.

Explanation:

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Let's review different market structures and their characteristics. Monopolistic competition is the most common market structure, characterized by brand name and slightly differentiated products with many substitutes.

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In the Promotion Budget Resource, teams can select from four different media areas to allocate their promotional budget: Print Media and Television, Email and Telephone Contact, Trade and Road Shows, and Web Media and Direct Mail.

Promotion is an essential component of marketing that involves communicating information about a product or service to potential customers. To do so, companies allocate a budget to promote their products or services. The Promotion Budget Resource offers teams a selection of four media areas to allocate their promotional budget: Print Media and Television, Email and Telephone Contact, Trade and Road Shows, and Web Media and Direct Mail.

Print Media and Television involve traditional media platforms such as newspapers, magazines, and television ads. Email and Telephone Contact includes targeted email campaigns and telemarketing. Trade and Road Shows are face-to-face promotional events where companies can showcase their products to potential customers. Finally, Web Media and Direct Mail includes digital marketing efforts such as online ads, social media, and direct mail campaigns.

By offering these different media areas, the Promotion Budget Resource allows teams to choose the most effective channels to reach their target audience and allocate their promotional budget accordingly. Depending on the product or service, some media areas may be more effective than others, and it's essential to choose the most suitable options to ensure the success of the promotion.

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To address the statement, "A person's wealth is the amount of money he or she earns in a year," I will provide a step-by-step explanation using the terms you requested.

1. Defining wealth: Wealth refers to the accumulation of valuable resources, such as money, property, and investments, that a person owns. It is a measure of an individual's financial well-being.

2. Defining annual income: The amount of money a person earns in a year is called their annual income. This can include salary, wages, bonuses, and any other sources of regular income.

3. Differentiating between wealth and annual income: While a person's annual income can contribute to their overall wealth, the two terms are not interchangeable. Wealth is a broader concept, as it encompasses all the financial assets a person has accumulated over time, whereas annual income is the money earned in a specific year.

4. Factors affecting wealth: A person's wealth can be influenced by several factors, such as their spending habits, savings, investments, and debts. This means that two people with the same annual income might have different levels of wealth depending on their financial decisions.

In conclusion, a person's wealth is not solely determined by the amount of money they earn in a year, as it also depends on their financial assets and liabilities. Annual income is just one component that contributes to an individual's wealth.

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Answer:

cottage industry is a small-scale, decentralized manufacturing business often operated out of a home rather than a purpose-built facility

Explanation:

Rent amount, payment deadlines, a grace period, and late fines. Way of paying rent. procedures for terminating the Agreement prior to its termination date and any costs that may be assessed. The security deposit's sum and account details.

Time expiry: The Lease shall expire at the expiration of the Time Period mentioned in the Lease. A specified event is a situation where a lease term condition is dependent on the occurrence of a certain event. Interest: The lease will expire if the lessor loses interest in renting out the property.

Even after the lease has ended, you are not required to leave the premises. Unless you or your landlord take specific action to end the lease, it will automatically renew on the same terms. If your landlord doesn't give you a notice, you don't have to do anything.

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Answer: Human capital is perceived to increase productivity and thus profitability. The more investment a company makes in its employees, the chances of its productivity and success become higher.

Answer:

$0

Explanation:

Not-for-profit organizations are required to record donations, e.g. money, food, clothes, etc., but they are not required to record voluntary work. In this case, Chris was a volunteer who spent 240 hours caring for turtles. It doesn't matter how much does Chris earns in his normal job, he cannot deduct volunteer work and the Turtle Society does not need to record his work either.

The equilibrium output of each firm is b)16.

Calculate the equilibrium output?

To find the equilibrium output of each firm in a Cournot duopoly, we need to solve for the quantity that maximizes each firm's profit.

In a Cournot duopoly, each firm assumes that its competitor's output remains constant when determining its own output level. The profit-maximizing quantity for each firm is determined by considering the reaction function, which represents how each firm responds to the other's output choice.

Let's calculate the equilibrium output for each firm using the following steps:

1. Calculate the reaction function for each firm:

  - Firm 1's reaction function: Q1 = (P - MC) / 2

  - Firm 2's reaction function: Q2 = (P - MC) / 2

  Since the cost function for each firm is C(Q) = 4Q, the marginal cost (MC) is 4.

2. Substitute the demand function P = 100 - 2Q into the reaction functions to obtain the equilibrium output for each firm:

  - Firm 1's equilibrium output: Q1 = (100 - 2Q1 - 2Q2 - 4) / 2

  - Firm 2's equilibrium output: Q2 = (100 - 2Q2 - 2Q1 - 4) / 2

3. Solve the system of equations to find the equilibrium quantities Q1 and Q2.

Calculating the equilibrium quantities using the above steps, we find:

- Q1 = 16

- Q2 = 16

Therefore, the equilibrium output of each firm is 16.

Option (b) 16 is the correct answer.

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Solution: a) 155000

               b) 140000

the revenue function R(x) = 1000 * 5x^2, we need to find:

a) The average change in revenue if production is changed from x = 14 to x = 17.
b) The instantaneous rate of change in revenue at x = 14.

a) To find the average change in revenue, first calculate the revenue at x = 14 and x = 17:

R(14) = 1000 * 5(14)^2 = 1000 * 5 * 196 = 980000
R(17) = 1000 * 5(17)^2 = 1000 * 5 * 289 = 1445000

Now, find the difference in revenue and divide it by the change in production units (17 - 14 = 3):

Average change in revenue = (R(17) - R(14)) / (17 - 14) = (1445000 - 980000) / 3 = 465000 / 3 = 155000

b) To find the instantaneous rate of change, we need to find the derivative of R(x) with respect to x:

dR(x)/dx = d(1000 * 5x^2)/dx = 1000 * 10x

Now, evaluate the derivative at x = 14:

dR(14)/dx = 1000 * 10 * 14 = 140000

So, the answers are:
a) The average change in revenue if production is changed from x = 14 to x = 17 is $155,000.
b) The instantaneous rate of change in revenue at x = 14 is $140,000.

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**True.** HRM (Human Resource Management) is just as important to a company as its finance, marketing, and accounting departments.

While each department plays a crucial role in the overall functioning of a company, HRM is equally significant in ensuring the success and effectiveness of the organization. HRM is responsible for managing the company's human capital, including recruitment, selection, training, performance management, employee engagement, and employee relations.

Effective HRM practices contribute to various aspects of a company's success. For instance, HRM plays a vital role in attracting and retaining top talent, which is crucial for driving innovation, productivity, and competitiveness. HRM also ensures compliance with labor laws and regulations, promotes a positive work culture, fosters employee development, and manages conflicts or issues within the workforce.

Additionally, HRM plays a critical role in aligning the company's human resources with its strategic goals, facilitating organizational change, and promoting diversity and inclusion. Without effective HRM, companies may struggle to attract and retain talented employees, experience low employee morale, face legal and compliance risks, and hinder overall organizational performance.

Therefore, recognizing the importance of HRM as being on par with finance, marketing, and accounting departments is essential for organizations to thrive in a competitive business environment.

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Answer:

THE GIVEN STATEMENT IS WRONG.

The prices and the quantities of the products are usually set up by considering demand and supply. Sometimes, people may not agree with the price of a certain thing. Due to these reason, the government may set a maximum and minimum price limits on a product so it always remains in a certain range.

The upper limit is Price Ceiling. When a Price Ceiling is set below the equilibrium point, the demand will exceed the supply and shortages will occur.

The lower limit is Price Floor. When a price floor is set above the equilibrium point, the supply will exceed the demand, resulting in surplus quantity of a product

Recording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making is commonly called accounting.

Accounting is a fundamental process in business and financial management. It involves systematically recording financial transactions, classifying them into appropriate categories, and summarizing the information to create financial statements such as the income statement, balance sheet, and cash flow statement. These financial statements provide a snapshot of a company's financial performance, position, and cash flows, enabling decision-makers to analyze and make informed decisions about the organization's operations, investments, and financial strategies.

While auditing, economics, and finance are related disciplines, each has its own distinct focus. Auditing involves examining and evaluating financial records and statements to ensure accuracy, compliance, and reliability. Economics studies the production, distribution, and consumption of goods and services within an economy. Finance, on the other hand, focuses on managing financial resources, investments, and the financial aspects of decision making. However, accounting serves as the foundation for providing the necessary financial information in these areas.

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Answer: environmental circumstances are dynamic and tough to control

Explanation:

As a recent business school graduate, I can explain to Ben and Chris that environmental circumstances are dynamic and tough to control.

The uncertainty of the environment has a effect on the decision making of businesses. For example, falling interest rate may encourage people to borrow mine which helps increase the demand for products.

From the question, the poor economic conditions e.g loss of jobs, ticket sales at the stadium are down, has resulted in the struggle of the company. Therefore, it can be said that environmental circumstances are dynamic and tough to control.

Answer:

Clothing

Explanation:

Answer:

I think D is correct answer

The profit in the economic system is the investment made by the consumer for accomplishing the financial gain.

The information related to the profit is as follows:

Therefore all the other options are incorrect.

Thus we can conclude that profit in the economic system is the investment made by the consumer for accomplishing the financial gain.

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Answer:

a. 8.92%

b. 5.46%

Explanation:

a. What is the company’s WACC

b. What is the aftertax cost of debt?

a. After tax cost of debt = 7%*(1-tax rate)

=0.07*(1-0.22)

= 0.07 * 0.78

= 0.0546

= 5.46%

Thus, WACC =Respective costs*Respective weight

WACC = (0.75*10)+(0.1*6)+(0.15*5.46)

WACC = 8.919%

WACC = 8.92%

b. The After tax cost of debt from above is = 5.46%

Answer:

Omar buys a snack pack of chips that he noticed while in line at the store - Convenience impulse good. Convenience impulse good are good which entices the consumer which leads to he making purchase without researching or thinking.

Joaquin pays for renters' insurance so that he will get paid if his belongings are destroyed in accident or burglary - Unsought good. Unsought good are goods that the consumer has no prior knowledge on and usually purchased out of fear.

Jamie goes to the store to buy toothpaste - Convenience staple good. Convenience staple good are goods regularly consumed.

Wanda reads review of different video cameras to decide what brand she wants, and then chooses the store with the lowest price on that item - Shopping good. Shopping good are goods purchased after consumer had compared its prices, quality in different store.

Adriana only buys doughnuts from her favorite local doughnut shop - Specialty good. Specialty good are goods which specific characteristics and benefit such that consumer has a reason for purchasing it.

Futures contracts are agreements to buy or sell a specified asset at a predetermined price on a future date. Futures contracts are commonly used as a hedging tool in order to mitigate risk.

Futures contracts are traded on margin, which means that only a small fraction of the value of the contract is required to be paid upfront by the buyer or seller. Margin requirements in futures contracts refer to the amount of cash or securities that must be deposited by an investor in order to open a position. This is known as the initial margin.

The initial margin is a percentage of the total contract value, usually between 5-10%. An investor will receive a margin call if the value of their margin account falls below the maintenance margin level. This is the minimum level of margin that must be maintained to keep the position open. The maintenance margin is typically set at 75% of the initial margin.

The daily settlement of futures contracts can give rise to cash flow problems because any gains or losses are settled on a daily basis. This means that investors may be required to deposit additional margin in order to keep their positions open. If an investor is unable to meet the margin call, their position may be closed out, resulting in a loss.

Futures contracts are an important tool for hedging risk, but they also carry a significant amount of risk. Investors must be aware of the margin requirements and the potential for daily cash flow problems in order to successfully trade futures contracts.

In conclusion, margin requirements are crucial to the successful trading of futures contracts. Margin calls occur when the value of an investor's margin account falls below the maintenance margin level. The daily settlement of futures contracts can give rise to cash flow problems, which must be managed by investors.

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Esther, as the manager at a customer service call center, is using negative reinforcement when she reprimands her subordinates each time they are late to work.

What is meant negative reinforcement?

Negative reinforcement is a kind of disciplinary action.

Esther, as a manager at a customer service call center, is using disciplinary action as a form of management technique. Specifically, she is reprimanding her subordinates for being late to work.

Disciplinary action is a way of addressing and correcting employee behavior that does not meet the expectations or standards of the workplace. It is a common approach used by managers to enforce rules and policies, and to hold employees accountable for their actions or performance.

This approach aims to decrease the undesired behavior (tardiness) by applying an aversive stimulus (reprimand) when the behavior occurs.

However, it's important for managers to ensure that disciplinary action is applied consistently, fairly, and in compliance with company policies and applicable laws and regulations.

Effective communication, coaching, and performance feedback are also important aspects of managing employee behavior and performance.

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