Answer:
GDP is the total market value of all the goods and services produced in a country at a given period of time. The five components of GDP are:
Explanation:
1. Consumption (C) : This involves all the private consumption spending or consumer spendings on goods and services such as on groceries, jewelry and clothing.
Kyoko gets a new refrigerator made in the United States - This is a form of consumption because the commodity is produced, bought and also consumed within domestic boundaries. Consumption includes durable goods, non-durable goods as well as services.
2. Investment (I) : This involves the private domestic investment and/or capital expenditure. This is incurred when businesses spend money to invest in their business activities.
Jacque’s employer upgrades all of his computer systems using U.S made parts - The money spent on upgrading computer systems will help increase the productivity and efficiency of business processes in the long run, hence is a form of investment.
3. Government spending (G) : This relates to government consumption expenditures and gross investment. Involves government spending on equipment, infrastructure and payroll.
The State of Pennsylvania replaces highway PA320, which goes through the center of Swathmore - The government has utilized its fund to construct a highway, which is an example of improving its infrastructure and benefiting the public, hence a form of government spending.
4. Exports (X) : Goods and services produced domestically, that are bought by those in other countries.
Kyoko’s father in Sweden orders a bottle of Vermont maple syrup from the producer’s website - This is a form of an export because the syrup that is produced domestically is being sold to someone in another country.
5. Imports (M) : The goods and services produced by another country which are brought into the domestic country.
Jacques buys a sweater made in Guatemala - This is a form of imports since it is produced outside domestic borders and is being purchased to be consumed within the country.
Why is it smart to keep you cool when making claim, and how should you go about it?
Answer:It is important to keep calm when making a claim because it gives off the impression that you know what you're talking about. Going crazy and yelling will make you look immature and no one would want to hear your claim.
Explanation:
It is smart to keep cool while making a claim, guarantees clear-cut explanation and direct tone of the message, and go with the proper and full knowledge about it.
What is making claim?Making claim must takes place when an individual's property has been damaged, or he/she have been hurt. He can sole claim something that is made by one of the titled dangers recited in the policy.
It is important while making a claim that an individual must have a full knowledge about the claim and he/she must be cool at the same time. It supports the insurer work peacefully.
Insurer will be bright to clear off the claims of groups who are conjunct and do not overact with the numerical quantity of the claim.
Therefore, the person making a claim must have to be cool.
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Suppose that the production function is y= 9k^0.5 N^0.5. With this production function, the marginal product of labor is MPN= 4.5K^0.5 N^-0.5. The capital stock is K= 25. The labor supply curve is NS= 100[(1-t)w]^2, where w is the real wage rate, t is the tax rate on labor income, and hence (1-t)w is the after-tax real wage rate.c.Suppose that a minimum wage of w=2 is imposed. If the tax rate on labor income, t, equals zero, what are the resulting values of employment and the real wage? Does the introduction of the minimum wage increase the total income of workers, taken as a group?
The resulting values for employment and the real wage are 70.3125 and $1.5811 per hour, respectively.
The introduction of the minimum wage does not increase the total income of workers taken as a group.
How to determine employment and real wageTo find the resulting values of employment and real wage, determine where the labor supply curve intersects the labor demand curve.
MPN =
\(4.5K^0.5 N^-0.5 = (9K N)^0.5 / (2KN)^0.5 = (9/2)^0.5 (K/N)^0.5 = w/P
\)
where P is the price of output, which we can assume is equal to 1.
This equation can be rearranged to solve for N:
N =
\((9/2) (K/w)^2\)
Plugging in K = 25 and w = 2, we get:
N =
\((9/2) (25/2^2) = 70.3125\)
To find the real wage, we can plug this value of N into the labor supply curve:
NS =
\(100[(1-t)w]^2 = 100(1-0)(2)^2\)
= 400
Since labor supply exceeds labor demand, the real wage will be bid down to the equilibrium level.
\((9/2)^0.5 (K/N)^0.5 = w/P
(9/2)^0.5 (25/N)^0.5 = 1/2
N = (9/2) (25/2^2) = 70.3125
w = 2(70.3125/100)^0.5 = 1.5811\)
The equilibrium real wage is $1.5811 per hour.
To determine whether the introduction of the minimum wage increases the total income of workers,
Total income before minimum wage = wN = 1.5811 x 70.3125 = $111.31
After the minimum wage of $2 is imposed, the real wage is fixed at $2, and the level of employment is determined by the intersection of the labor supply and demand curves at this wage:
N =
\((9/2) (25/2^2) / (2)^2 = 35.15625\)
Total income after minimum wage = wN = 2 x 35.15625 = $70.31
Since the total income of workers decreases from $111.31 to $70.31 after the minimum wage is imposed, the introduction of the minimum wage does not increase the total income of workers taken as a group.
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When benchmarking measures against the best levels of performance, these best levels may be found:A. inside the organization.B. outside the organization.C. inside and outside the organization.D. None of these is correct.
Answer:
C. inside and outside the organization
Explanation:
Benchmarking is the process in which the company compared its products and processes with the other companies to measure its performance.
But for the best performance level here we have to considered it for both internal and outside organization that involves the customers, competitors, suppliers, etc
Therefore the correct option is c
And, the same is to be considered
Whitch of the following is required to be considered an entrepreneur?
Answer:
An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures
Explanation:
Which is an example of a diversified portfolio?
A. A variety of stocks, bonds, and bank accounts
B. A variety of high-risk stocks
C. High-yield bonds and growth stocks
D. Multiple bank accounts with high interest
A variety of stocks, bonds, and bank accounts.
What Is Diversification?
A portfolio's investments are mixed together in a broad variety as part of the risk management approach known as diversification. To reduce exposure to any one asset or risk, a diversified portfolio combines a variety of different asset classes and investment vehicles.
This strategy is justified by the idea that a portfolio made up of many asset classes would, on average, produce superior long-term returns and reduce the risk of any one holding or security.
In order for the beneficial performance of certain assets to offset the bad performance of others, diversification aims to smooth out unsystematic risk occurrences in a portfolio. The benefits of diversity only apply if the assets in the portfolio are not fully linked; in other words, if they react to market factors differently, frequently in opposite directions.
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5. The process of production is complete
when...
A.goods of the right quality and
quantity reach the consumers.
B.the manufacturer produces a given
amount of goods.
C. retailers prepare goods for sale to consumers.
D. wholesalers buy goods from the
manufacturer.
The process of production is complete when retailers prepare goods for sale to consumers. Hence, Option C is correct.
What is the production process?Capital, labour, technology, land, and other resources are considered factors of production because they are utilised to produce output, which includes commodities and services.
One of the most crucial procedures in manufacturing is production, which is essential to understanding what it means to be a manufacturer. Without this activity, there would be nothing produced that could be sold to buyers as finished goods.
Therefore, Option C is correct.
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Jason Melvin signed a simple discount note with a face value of $7,200 at a discount rate of 5% for 6 months. Find the proceeds of the note and the effective interest rate.
Jason Melvin signed a simple discount note with a face value of $7,200 at a discount rate of 5% for 6 months. The effective interest rate on the note is 1.843%.
What is the effective interest rate?Generally, To find the proceeds of the note, we need to calculate the discounted value of the $7,200 face value. Using the formula for discounting a note, we can calculate the proceeds as:
Proceeds = Face Value / (1 + (Discount Rate x Time in Years))
In this case, the time in years is 6 months / 12 months = 0.5 years. So the formula becomes:
Proceeds = $7,200 / (1 + (0.05 x 0.5))
Proceeds = $7,200 / (1 + 0.025)
Proceeds = $6,944
So the proceeds of the note are $6,944.
To find the effective interest rate, we can use the following formula:
Effective Interest Rate = (Face Value - Proceeds) / Proceeds x Time in Years
In this case, the formula becomes:
Effective Interest Rate = ($7,200 - $6,944) / $6,944 x 0.5
effective interest rate = 0.018 or 1.843%
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Academy Driving School reported the following amounts in its financial statements:
Year 1 Year 2
Number of common shares 11,700 11,700
Net income $ 25,740 $ 20,740
Cash dividends paid on common stock $ 3,200 $ 3,200
Total stockholders' equity $ 260,000 $ 240,000
Calculate EPS and ROE for Year 2.
The EPS for Year 2 is $1.77 and the ROE for Year 2 is 8.64% for Academy Driving School.
What is EPS and ROE?The earning per share is amount that will be earned by the share holders from the net income on per share. While the ROE is the return each shareholder will get the total amount of equity engaged in the net income earned by the company in a particular year.
Computation of EPS:
\(\begin{aligned}\text{EPS}&=\dfrac{\text{Net Income}}{\text{Number of Common Shares}}\\&=\dfrac{\$20,740}{\$11,700}\\&=\$1.77\end{aligned}\)
Computation of ROE:
\(\begin{aligned}\text{ROE}&=\dfrac{\text{Net Income}}{\text{Shareholders' Equity}}\times100\\&=\dfrac{\$20,740}{\$240,000}\times100\\&=8.64\%\end{aligned}\)
Therefore, for Year 2 the EPS is $1.77 and ROE is 8.64%.
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Rockyford Company must replace some machinery that has zero book value and a current market value of $3,000. One possibility is to invest in new machinery costing $52,000. This new machinery would produce estimated annual pretax cash operating savings of $20,800. Assume the new machine will have a useful life of 4 years and depreciation of $13,000 each year for book and tax purposes. It will have no salvage value at the end of 4 years. The investment in this new machinery would require an additional $4,200 investment of net working capital. (Assume that when the old machine was purchased, the incremental net working capital required at the time was $0.) If Rockyford accepts this investment proposal, the disposal of the old machinery and the investment in the new one will occur on December 31 of this year. The cash flows from the investment are expected to occur over a four-year period. Rockyford is subject to a 40% income tax rate for all ordinary income and capital gains and has a 8% weighted-average after-tax cost of capital. All operating and tax cash flows are assumed to occur at year-end. (For Parts 2 and 3, use the relevant table from Appendix C-Table 1 or Table 2) Required: 1. Determine the after-tax cash flow arising from disposing of the old machinery. 2. Determine the present value of the after-tax cash flows for the next 4-years attributable to the cash operating savings. 3. Determine the present value of the tax shield effect of depreciation for year 1. 4. Which one of the following is the proper treatment for the additional $4,200 of net working capital required in the current year?
Answer:
Explanation:
1. The after-tax cash flow arising from disposing of the old machinery is equal to the market value of the old machinery minus the taxes owed on the gain from the sale. Since the old machinery has a zero book value, the entire $3,000 received from the sale is a taxable gain. The taxes owed are equal to 40% of the gain:
$3,000 - ($3,000 x 0.40) = $1,800
Therefore, the after-tax cash flow from disposing of the old machinery is $1,800.
2. The present value of the after-tax cash flows for the next 4 years attributable to the cash operating savings can be calculated using the following formula:
PV = (CF1 / (1 + r)^1) + (CF2 / (1 + r)^2) + (CF3 / (1 + r)^3) + (CF4 / (1 + r)^4)
where PV is the present value, CF is the cash flow, r is the discount rate, and the subscripts 1 to 4 denote the year of the cash flow.
In this case, the cash operating savings each year is $20,800. Using a discount rate of 8%, we can calculate the present value of the cash flows:
PV = ($20,800 / (1 + 0.08)^1) + ($20,800 / (1 + 0.08)^2) + ($20,800 / (1 + 0.08)^3) + ($20,800 / (1 + 0.08)^4)
PV = $74,888.47
Therefore, the present value of the after-tax cash flows for the next 4 years attributable to the cash operating savings is $74,888.47.
3. The tax shield effect of depreciation for year 1 can be calculated as follows:
Tax shield effect = Depreciation x Tax rate
Since the depreciation for year 1 is $13,000 and the tax rate is 40%, we have:
Tax shield effect = $13,000 x 0.40
Tax shield effect = $5,200
Therefore, the present value of the tax shield effect of depreciation
Which of the following situations involves
professional literature?
An employee borrows an industry magazine
to read a story about a new machine in his
department.
An employee is coached by a supervisor on
a new machine in his department.
An employee takes an online course about a
new machine in his department.
Answer:
An employee borrows an industry magazine
to read a story about a new machine in his
department.
Explanation:
Which of the following voice-mail greetings would be best received by
potential employers?
A voice-mail greeting that would be best received by potential employers should be professional, concise, and clear. It should project a positive and polished image of the individual.
Here's an example of a voice-mail greeting for potential employers:
"Hello, you've reached [Your Name]. Thank you for calling. I am currently unavailable to take your call, but your message is important to me. Please leave your name, contact information, and a brief reason for your call, and I will return your call as soon as possible. Thank you."
This greeting conveys professionalism by using a polite and respectful tone. It assures the caller that their message will be attended to and provides a set of clear instructions for leaving pertinent details. By presenting yourself as organized and responsive, you create a favorable impression on potential employers who may be contacting you regarding job opportunities or interviews.
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Southeast Electric's bank statement shows a bank balance
of $43,367. The statement shows a bank service charge
of $93. Southeast Electric's book balance shows outstanding
checks of $5,296 and deposits in transit of $9,329. The
adjusted balance on the bank side of the reconciliation would be:
A. $43,367.
B. $47,400.
C. $43,274.
D. $39,334.
Evaluate Starbucks strategy of organic growth in China rather than integrating with a chain of Chinese cafés. Explain your answer
Starbuck's strategy of organic growth in China rather than integrating with a chain of Chinese cafés was in accordance to the broad Chinese customer target categorization, Starbucks' business strategy in China was centered on personalization.
What is Organic growth?Organic growth is when a business expands by boosting internal sales and production. This excludes revenues or growth related to merging and collection but instead focuses on a rise in sales with expansions using the company's own capabilities.
Starbucks developed thorough customer taste profile assessments that allow them to be flexible enough to adapt to the marketplace and develop appealing East crosses West product offerings.
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. Which type of credit requires that borrowers carefully manage the debt so it doesn't get out of control? Explain why this type of credit requires more careful management. (1-5 sentences. 3.0 points)
Answer:
The type of credit that requires borrowers to carefully manage debt so that it doesn't get out of control is revolving credit. The customer can purchase anything they want up to a certain amount each month, and if the borrower does not carefully manage their revolving credit, it could get out of control.
The type of credit that requires that borrowers carefully manage the debt so it doesn't get out of control is Trade Credit. It needs more careful supervision.
What is Credit?The credit amount is referred to as the amount borrowed from any financial institute or individual or organization with a fixed rate of interest with the obligation to repay it at a later date.
When an individual purchases commodities in business with some amount and paid that amount at a later date it is called a trade credit. This credit is used for the purpose of selling and buying.
It needs more careful supervision since if mishandled, it could result in overcapacity of goods, a loss of positive product awareness among creditors, and potentially the cancellation of future trade facilities.
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What is the minimum internal cooking temperature for whole lobster
Answer:
145 degrees Fahrenheit
Explanation:
Suppose that in a certain country called Litigia, patients do not have the legal right to sue their medical insurance providers.
Now, suppose, however, that Litigia's government passes legislation that no longer protects medical insurance providers from lawsuits, so that patients in Litigia can now sue their insurance providers.
After the legislation is passed, what will happen to the price of medical insurance and the number of medical insurance policies sold?
The price will decrease, and the number of medical insurance policies sold will also decrease.
The price will increase, while the number of medical insurance policies sold will decrease.
The price will decrease, while the number of medical insurance policies sold will increase.
The price will increase, and the number of medical insurance policies sold will also increase.
C) The price will decrease, while the number of medical insurance policies sold will increase.
What is legislation?Legislation is the process by which local, state, or federal legislatures draft and enact laws. It is occasionally used to refer to municipal ordinances as well as the rules and regulations passed by administrative bodies while they were performing their delegated legislative duties.
The legislation involves participation from the executive branch in addition to action by a legislative body. Unless the executive's veto is overridden by a large enough majority in each house of the legislature, legislation cannot become law without the executive's concurrence. Additionally, the executive's job involves much more than just consent or opposition.
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What is the purpose of consumer-advocacy groups?
to enforce consumer-protection regulations
to lobby the government for lower taxes
to promote the interest of consumers
to provide essential social services
To promote the interest of consumers is the purpose of consumer-advocacy groups. Actions performed by people or organizations to advance and defend the interests of the buying public are referred to as consumer advocacy.
Most countries have implemented legislation to safeguard customers against unsafe or subpar craftsmanship, dishonest sales tactics, and deceptive advertising. Consumer advocacy, movements, or laws that protect consumers' interests by regulating the goods, services, practices, and expectations of producers, merchants, and advertising.
Protecting the interests of the consumer or buyer is the goal of consumer advocacy groups. These organizations use a variety of tactics to expose companies that engage in unfair business practices or sell dangerous goods. These tactics include litigation, letter-writing campaigns, boycotts, and public relations. The Consumer Federation of America, which has 220 member groups, is the biggest consumer advocacy organisation in the United States.
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Who are the Workers?
Answer: Workers are individuals who are employed to perform a specific job or task in exchange for wages or other forms of compensation.
Explanation: Workers can be found in a wide variety of industries and occupations, including manufacturing, construction, healthcare, education, government, and many others.
Workers may be full-time, part-time, temporary, or freelance, and they may work in various settings, such as offices, factories, stores, or online.
In general, workers are entitled to certain rights and protections under employment laws, including the right to fair wages, safe and healthy working conditions, and protection from discrimination and harassment. These rights and protections vary depending on the country and specific employment laws in place.
The following information is available for Something Strange Corporation (assuming all transactions affected cash): Sale of land $100,000 Sale of equipment 50,000 Issuance of common stock 70,000 Purchase of equipment 30,000 Payment of cash dividends 60,000 Net cash provided by investing activities is a. $130,000. b. $120,000. c. $190,000. d. $150,000.
Answer:
$130,000
because: $100,000 + $60,000 - $30,000 = $130,000
Explanation:
which of the following is not a development cost associated with an information system? group of answer choices training employees hardware and software all of the options are development costs. maintenance costs
This is not a development cost associated with an information system : Purchasing hardware and software up front is frequently.
An information system is a mixture of software program, hardware, and telecommunication networks to accumulate beneficial data, especially in an enterprise. Many businesses use information era to finish and manipulate their operations, engage with their clients, and stay beforehand of their competition.
An information machine is a proper, sociotechnical, organizational system designed to accumulate, procedure, store, and distribute data. From a sociotechnical angle, information structures are composed by means of four components: task, people, shape, and generation.
Statistics systems are collections of multiple records assets (e.g., software program, hardware, laptop machine connections, the machine housing, machine users, and pc machine facts) to gather, manner, keep, and disseminate statistics.
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It costs Sunland Company $12 of variable and $5 of fixed costs to produce one bathroom scale which normally sells for $35. A foreign wholesaler offers to purchase 3200 scales at $15 each. Sunland would incur special shipping costs of $1 per scale if the order were accepted. Sunland has sufficient unused capacity to produce the 3200 scales. If the special order is accepted, what will be the effect on net income
Answer:
The Net income will increase by $6,400
Explanation:
Use the following formula to calculate the effect on the net income
As the fixed cost is irrelevant to special order
Net income = Increase in revenue - Increase in Variable cost - Special shipping cost
Where
Increase in revenue = 3200 x $15 = $48,000
Increase in Variable cost = 3200 x $12 = $38,400
Special shipping cost = 3200 x $1 = $3,200
Placing values in the formula
Net income = $48,000 - $38,400 - $3,200
Net income = $6,400
Hence, the net income will increase by $6,400
On November 1, Arvelo Corporation had $41,500 of raw materials on hand. During the month, the company purchased an additional $68,500 of raw materials. During November, $76,000 of raw materials were requisitioned from the storeroom for use in production. These raw materials included both direct and indirect materials. The indirect materials totaled $4,900. Prepare journal entries to record these events. Use those journal entries to answer the following questions: The credits to the Raw Materials account for the month of November total:
Multiple Choice
$76,000
$110,000
$41,500
$68,500
To record these events, the entries are as follows:
1. Raw material inventory:
Date: 1 November
Raw material inventory 68,500
Accounts payable 68,500
2. Record 4 production4 raw materials: required 30 Days
Work In progress Stock 71,100
Raw Material Inventory 71.100
3. Information Indirect Materials Used in Production:
Date: 30 November
General Production Expenses 4 4 4, 9
The total credit to the raw material account for November is $76.000. This is because the direct materials used in production are $76,000 and there are no finished raw materials.
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Wholemark is an Internet order business that sells one popular New Year greeting card once a year. The cost of the paper on which the card is printed is $0.40 per card, and the cost of printing is $0.10 per card. The company receives $3.75 per card sold. Since the cards have the current year printed on them, unsold cards have no salvage value. Their customers are from the four areas: Los Angeles, Santa Monica, Hollywood, and Pasadena. Based on past data, the number of customers from each of the four regions is normally distributed with mean 2,300 and standard deviation 200. (Assume these four are independent.)
What is the optimal production quantity for the card?
Answer:
≈ 9644 quantity of card
Explanation:
given data:
n = 4 regions/areas
mean demand = 2300
standard deviation = 200
cost of card (c) = $0.5
selling price (p) = $3.75
salvage value of card ( v ) = $ 0
The optimal production quantity for the card can be calculated using this formula below
= u + z (0.8667 ) * б
= 9200 + 1.110926 * 400
≈ 9644 quantity of card
First we have to find u
u = n * mean demand
= 4 * 2300 = 9200
next we find the value of Z
Z = ( \(\frac{p-c}{p-v}\) )
= ( 3.75 - 0.5 ) / 3.75 = 0.8667
Z( 0.8667 ) = 1.110926 ( using excel formula : NORMSINV (0.8667 )
next we find б
б = 200\(\sqrt{n}\) = 400
A person managing a dry-cleaning store for $30,000 per year decides to open a dry-cleaning store. The revenues of the store during the first year of operation are $100,000 and the expenses are $35,000 for salaries, $10,000 for supplies, $8,000 for rent, $2,000 for utilities, and $5,000 for interest on a bank loan. Calculate (a) the explicit costs, (b) the implicit costs, (c) the business profit, (d) the economic profit, and (e) indicate whether the person should open the dry-cleaning store.
Answer:
$60,000
$40,000
$30,000
$10,000
he can open the store
Explanation:
Explicit cost includes the amount expended in running the business. They include rent , salary and cost of raw materials
Explicit cost = $35,000 + $10,000 + $8,000 + $2,000 + $5,000 = $60,000
Implicit cost is the cost of the next best option forgone when one alternative is chosen over other alternatives. If he didn't open the dry cleaning stores he could be earning $30,000 as a manager. $30,000 is his implicit cost
Accounting profit or business profit = total revenue - explicit cost
$100,000 - $60,000 = $40,000
Economic profit = accounting profit - implicit cost
$40,000 - $30,000 = $10,000
Since his economic and accounting profit are positive, he can open the store
"The currency speculator who sells futures contracts assumes the risk that someone else doesn't want to assume." Do you agree or disagree? Explain your answer.
I agree with the statement "The currency speculator who sells futures contracts assumes the risk that someone else doesn't want to assume."
In the currency futures market, there are always two parties involved in a transaction - a buyer and a seller. The buyer of a futures contract is typically a hedger who is looking to protect against currency price fluctuations, while the seller is typically a speculator who is looking to profit from those price fluctuations.
When a currency speculator sells a futures contract, they are essentially taking on the risk that the hedger is looking to offload. The hedger is willing to pay a premium for the futures contract to transfer the risk to someone else.
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Select a local nonprofit and work with a team of your classmate to brainstorm ideas for a franchise business that cash flow to support. The mission of the social venture. What advice can you offer social entrepreneurs n developing alternative revenues to replace declining grants and donations
Answer:
fundraising
Explanation:
To determine how students at a particular college feel about cigarette smoking in public places, all students in the college who chose to have their email address published in the college directory were sent an email with a link to an online survey. What is wrong with this sampling method?
A. Nothing, since students could go online to give their opinion.
B. Only smokers should have been surveyed.
C. They should have only sent the email to every 5th student in the directory.
D. The sampling method would result in a sample size that is too large.
E. Not all students would have an email listed in the student directory.
Answer:
b only smokers should have surveyed
Explanation:
because they actually smoke
Answer:
B
Explanation:
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A juice company wants to market its product to health-conscious customers who want 100 percent juice that reflects what the label says. A juice company markets 100 percent blueberry-pomegranate juice, not from concentrate, on its label, but the ingredients say that at least 50 percent of the juice comes from apple and grape concentrates. Which of the American Marketing Association’s ethical precepts has the company violated?
responsibility
respect
transparency
honesty
The American Marketing Association’s ethical precepts have the company violated respect.
What is marketing?Marketing is the process of investigating, developing, and providing value in terms of products and services to fulfill the needs of a target market. Potentially includes the selection of a target audience; the selection of certain traits or themes to emphasize in advertising;
They have three main ethical norms or rules of conduct in marketing as part of their Code of Ethics. Do no harm, promote marketing system trust, and uphold the moral principles of accountability, fairness, respect, honesty, and citizenship are among them.
Therefore, The right answer is (B)
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1. What is the concept of boundaryless marketing and its relationship with global marketing
Answer:
Explanation: More than the 4Ps or simply social media, Boundaryless Marketing refers to what marketing should always be about: connecting with customers, understanding fina… ... Assistant Director, Global Brand, Marketing and Communications
Mr Ashok has a company, and has an option to issue different types of preference shares. State all the types preference shares a company can issue.