In the strategic marketing planning process, ethical considerations should be incorporated during the strategy formulation phase.
This is the stage where the firm identifies its goals and objectives, assesses its internal and external environment, and determines its overall approach to the market. During this phase, the firm should take into account the ethical implications of its marketing activities and consider the impact that its decisions will have on various stakeholders, including customers, employees, suppliers, and society as a whole. For example, if the ice cream company wants to establish a strong ethical climate, it should consider ethical issues such as fair labor practices, environmentally sustainable sourcing of ingredients, and responsible advertising practices. By incorporating these considerations into its marketing strategy, the firm can ensure that it operates in an ethical and socially responsible manner while still achieving its business objectives.
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Which of the following are part of the marketing mix? (Check all that apply)
Answer:
product, price, place, promotion—are often referred to as the marketing mix. These are the key elements involved in marketing a good or service, and they interact significantly with each other.
Explanation:
PLZZ mark brainlyist
What are customer needs?
Answer:
A customer need is a need that motivates a customer to purchase a product or service.
Introduction: Match the type of business organization with one of its features.
Sole proprietorship
Is the most common form of business
organization in the United States
Franchise
Can be the most complicated and the
most expensive type of organization
Corporation
Requires a fee to be paid to a parent
company for a business plan
Partnership
Includes two or more owners who are
liable for any business debt
Cooperative
Is an organization in which member
owners market their products together
Answer: :)
Explanation:
Edge 2020
A business organization is termed as an organization that works for the accomplishment of economic activities. Economic activities include the exchange of goods and services and maintaining the records of the transactions.
The match to type of organization:
Sole proprietorship: Is the most common form of business organization in the United States.
Franchise: Requires a fee to be paid to a parent company for a business plan.
Corporation: Can be the most complicated and the most expensive type of organization.
Partnership: Includes two or more owners who are liable for any business debt.
Cooperative: Is an organization in which member owners market their products together.
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Melanie had hoped to earn some money this summer by taking care of her neighbor's pets, plants, and lawns while they went away on vacations. She had ten weeks of summer vacation in which she hoped to make about $50 a week. Instead, she didn't work at all for five weeks. One week she made almost $250 and was exhausted when it was over. Melanie's experience with her vacation service illustrates the problem of _________________. A. Service tangibility and inseparability B. Service perishability and fluctuating demand C. Creating form, time, and place utility for a service D. Service tangibility
Melanie's experience with her vacation service illustrates the problem of service perishability and fluctuating demand. The correct option is B. service perishability and fluctuating demand.
This means that the demand for her services fluctuated during the summer, making it difficult for her to predict how much work she would have each week. Additionally, her services were perishable, meaning that she could not store them for future use. If she did not work one week, she could not make up that work later on.
This highlights a common challenge for service providers, particularly those in the gig economy, who may struggle with inconsistent demand and the inability to store or save their services for later. It also underscores the importance of effective marketing and customer outreach to ensure a steady stream of business. In Melanie's case, she may have benefited from offering additional services, such as housecleaning or dog walking, to help supplement her income during slow weeks. The correct option is B. service perishability and fluctuating demand.
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When might a manager change a principle?
A manager might change a principle when it is no longer feasible or effective for the organization.
What do you mean by principle?
A principle is basically a fundamental truth or proposition that serves as the foundation for a system of belief or behavior or for a chain of reasoning. It is a standard or rule that you use to make decisions about what is right and wrong, and to guide your behavior.
For the given statement, we can take an example of how if a company decides to focus on a new business model, the principles that guide its operations may need to be updated to reflect the new direction. Additionally, if a principle is out of date or no longer applicable, a manager may choose to change it in order to ensure the organization remains competitive.
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____ is the study of the factors that have an impact on how individuals and groups respond to and act in organizations.
Organizational behavior is the study of the factors that have an impact on how individuals and groups respond to and act in organizations.
This field of study examines how employees behave within an organization, as well as how organizations respond to their employees' behavior. It also looks at how individuals and groups interact with each other within an organization, and how organizational structure and culture can influence behavior. Organizational behavior is an important area of study because it helps organizations to understand how to create a productive and positive work environment for their employees.
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A sandwich shop has identified two groups of consumers for its pulled-pork sandwiches: A and B. Group A's price elasticity of demand is -3.75 and group B's is -1.8. If there is no possibility of resale, then the shop should charge a higher price to which group?
The sandwich shop should charge a higher price to group B. To determine which group the shop should charge a higher price to, we need to consider the price elasticity of demand for each group.
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price.
The absolute value of the price elasticity of demand indicates the sensitivity of consumers to price changes. A higher absolute value implies greater sensitivity. In this case, group A has a price elasticity of demand of -3.75, while group B has a price elasticity of demand of -1.8.
Since the absolute value of group A's price elasticity of demand (-3.75) is higher than that of group B (-1.8), it means that group A is more price-sensitive and responsive to changes in price compared to group B.
Considering the price elasticity of demand, the sandwich shop should charge a higher price to group B. Group A's higher price elasticity indicates that they are more likely to respond negatively to price increases by reducing their quantity demanded. On the other hand, group B's lower price elasticity suggests that they are less sensitive to price changes, and therefore, the shop has more flexibility to charge a higher price to this group without significantly impacting their demand.
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Which of the following is true about bonds?
A. The bond rating being changed from BBB+ to B would result in a lower required yield
B. The primary advantage to municipal bonds is that interest income received is not taxed by the federal government
C. Interest from mortgage bonds are not taxed by the Federal Government.
D. Spread to treasuries measures the difference between the coupon rate paid by a bond and the coupon rate paid by risk free security with the comparable maturity
E. Only bonds issued in the primary market are subject to prepayment risk
Answer:
B. The primary advantage to municipal bonds is that interest income received is not taxed by the federal government.
Explanation:
A bond can be defined as a debt or fixed investment security, in which a bondholder (investor or creditor) loans an amount of money to the bond issuer (government or corporations) for a specific period of time. The bond issuer are expected to return the principal (face value) at maturity with an agreed upon interest (coupon), which are paid at fixed intervals.
A municipal bond can be defined as a type of bond that is typically issued by a municipality, county, local government or state in order to finance or sponsor capital expenditures for the public such as water supply, construction of roads, etc.
Hence, the primary advantage to municipal bonds is that interest income received on this type of bond is not taxed by the federal government.
S.
Economics
Explain the term "Budget"
The data on price and quantity purchased relating to a commodity for 10 months are given
below:Calculate coefficient of correlation between price and quantity.
Price and number of goods purchased are inversely correlated. Consequently, price rises as quantity rises.
What is data on price ?Pricing Data is accurate information on the costs of goods that are strikingly comparable to those being purchased. Prices are used interchangeably in this definition to refer to actual selling prices as well as suggested or prospective selling prices. Data pertinent to both primary and subcontract prices are referred to in the definition. Data may consist of specific costs, weights, addresses, names, ages, temperatures, dates, or distances, for instance. Data is a basic type of knowledge and has no meaning or use by itself. In other words, facts must be interpreted in order to have any significance. A pricing list again for new term has been sent by the Contractor to authorized buyers.
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is the failure in the vendor request change form control indicative of a material weakness in internal control over financial reporting?
A vendor request change form is a critical document in the procurement process, and any failure in controlling this process can result in financial misstatements.
Therefore, the lack of control over the vendor request change form could lead to a higher risk of material misstatement in the financial statements, indicating a material weakness in internal control over financial reporting. It is essential to establish and maintain robust controls over all critical financial processes to mitigate such risks. The determination of whether a failure in the vendor request change form control constitutes a material weakness in internal control over financial reporting would depend on various factors, including the significance of the control failure and its potential impact on the accuracy and reliability of the financial statements.
A material weakness in internal control over financial reporting is typically defined as a deficiency or combination of deficiencies that results in a reasonable possibility of a material misstatement in the financial statements. Material weaknesses are significant enough to require the attention of management and potentially affect the decisions of users of the financial statements.
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the dalen company purchased office equipment that cost $3,000 cash on january 1. in addition, the company paid $500 cash for installation fees to get the equipment ready for use. the equipment had an estimated five-year useful life and an estimated salvage value of $750. the company uses the straight-line method. the amount of accumulated depreciation shown on the balance sheet and the amount of cash flow from investing activities shown of the statement of cash flows at the end of the first year, respectively, would be: balance sheet statement of cash flows a. $3,500 $(3,500) b. $ 550 $(3,500) c. $ 450 $(3,000) d. $ 0 $ (550) multiple choice option a. option b. option c. option d.
According to the question depreciation expense 450 and the amount of cash flow from investing activities shown would be $(3,000).
What is expense?An expense is an outflow of money or a cost incurred for goods or services. Expenses can be classified as either fixed or variable, depending on the nature of the expense. Fixed expenses, such as rent or mortgage payments, are ongoing costs that are paid at regular intervals, while variable expenses, such as groceries or entertainment, may fluctuate from month to month. Expenses may also be categorized as operating expenses, which are related to operating activities, and non-operating expenses, which are not related to operating activities.
On the balance sheet, the amount of accumulated depreciation shown at the end of the first year would be $450, which is calculated using the straight-line method of depreciation:
Depreciation expense = (Purchase price - Salvage Value) / Useful life = (3000 - 750) / 5 = 450
On the statement of cash flows, the amount of cash flow from investing activities shown would be $(3,000), which is the amount of cash paid for the office equipment and installation fees at the beginning of the year.
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Question 4 of 10
A fixed interest rates is generally a better option than a variable rate in which
situation?
A. A business owner is seeking a short-term loan to cover
emergency expenses and expects to pay it off quickly.
B. A married couple is seeking a 30-year mortgage for a house that
they plan to live in for a long time.
C. A contractor is seeking a mortgage on a home that he plans to
"flip," or renovate to sell, within 18 months.
D. A student is seeking a credit card to use for daily expenses and
plans to pay off the balance each month.
Answer:
B. A married couple is seeking a 30-year mortgage for a house that
they plan to live in for a long time.
Explanation:
I originally got the wrong answer, and this one showed up as being correct.
A married couple is seeking a 30-year mortgage for a house that they plan to live in for a long time. Thus, option B is the correct option.
What are fixed interest rates?A debt, such as a loan or mortgage, may have a fixed interest rate that never changes. It may be applicable for all or a portion of the loan's term, but it is constant for the duration of the designated time. There are other interest-rate choices available for mortgages, including one that combines a fixed rate for part of the term with an adjustable rate for the remaining amount.
We refer to these as "hybrids." Borrowers who don't want their interest rates to fluctuate throughout the course of their loans, thus raising their interest costs and, by consequence, their mortgage payments, are drawn to fixed interest rates. The risk associated with a floating or variable interest rate is avoided with this sort of rate.
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A private university charges the same tuition for both in-state and out-of-state students, and it notices that in-state and out-of-state students seem to respond differently to tuition changes. The quantity demanded for in-state and out-of-state students at different tuition levels is provided below. Tuition Quantity demanded (in-state applicants) Quantity demanded (out-of-state applicants) $10,000 6,000 12,000 $15,000 5,000 9,000 $20,000 4,000 6,000 $30,000 3,000 3,000 As the price of tuition rises from $20000 to $30000, the price elasticity of demand for tuition for out-of-state applicants is _____ elastic than it is for in-state applicants. Choose one: A. more B. less Part 2 (2 points) What is the in-state elasticity and the out-of-state elasticity? Give your answer to two decimals. In state:
Answer:
1.) As the price of tuition rises from $20000 to $30000, the price elasticity of demand for tuition for out-of-state applicants is more elastic than for in-state applicants.
2) in-state = 0.5; out-of -state = 1
Explanation:
Given the following :
Tuition Quantity demanded (in-state applicants) Quantity demanded (out-of-state applicants) $10,000 6,000 12,000 $15,000 5,000 9,000 $20,000 4,000 6,000 $30,000 3,000 3,000
Elasticity of demand = (percentage change in quantity demanded / percentage change in price)
% change in quantity demanded :
(Quantity change / Initial quantity) × 100%
[(Q2 - Q1) / Q1] × 100%
%change in price :
[(P2 - P1) / P1] × 100%
As tuition rises from $20000 to $30000
In state applicants :
%change in price :
[(P2 - P1) / P1] × 100%
[ (30000 - 20000) / 20000) × 100%
((10000)/ 20000) × 100%
= 50%
% change in quantity demanded :
(Quantity change / Initial quantity) × 100%
[(Q2 - Q1) / Q1] × 100%
Decrease in quantity demanded
[(3000 - 4000) / 4000] × 100%
(-1000/4000) × 100% = 25%
Elasticity of demand = 25% / 50% = 0.5
Out - Of - State applicants :
% change in price from $20,000 to $50,000 = 50%
% change in quantity demanded :
Demand decrease from 6000 to 3000
[(3000 - 6000) / 6000) × 100%
(3000 / 6000) × 100%
(1/2) × 100% = 50%
Elasticity of demand = 50% / 50% = 1
which of the promotion methods is the most precise?
When a manufacturer saturates the market by selling to any intermediary of good financial standing that is willing to stock and sell the product, the manufacturer is engaged in.
A scenario where a manufacturer saturates the market by selling to any intermediary of good financial standing is known as intensive distribution.
Who is a manufacturer?It should be noted that a manufacturer simply means an individual who produces goods and services to be used by consumers.
In this case, the situation where where a manufacturer saturates the market by selling to any intermediary of good financial standing is known as intensive distribution.
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which of the following statements is (are) true concerning private insurance? i.social insurance programs are always written by private insurers. ii.individuals and businesses purchase private insurance.
II- "Individuals and businesses purchase private insurance" is true.
Private insurance refers to insurance coverage that is purchased by individuals or businesses directly from insurance companies, as opposed to being provided by the government through a social insurance program. Private insurance is typically purchased to protect against financial losses from specific events such as illnesses, accidents, or property damage. Individuals and businesses can choose from a wide range of private insurance options, including health insurance, life insurance, and property and casualty insurance, to meet their specific needs.
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A licensed real estate salesperson wants to change brokers. Which of the following actions is required?
A. turn in the current license to the new broker
B. place the current license on inactive status
C. notify the commission in writing within 10 days after the intended date of change and return license
D. Notify the current broker in writing within 10 days before the intended date of change
The licensed real estate salesperson is required to notify the commission in writing within 10 days after the intended date of change and return the license.
The correct option is C. notify the commission in writing within 10 days after the intended date of change and return license
When a licensed real estate salesperson wants to change brokers, it is important to follow the necessary procedures to ensure a smooth transition. In this case, the correct action required is to notify the commission in writing within 10 days after the intended date of change and return the license. This ensures that the commission is aware of the change and can update their records accordingly.
By notifying the commission in writing, the salesperson provides official documentation of the change in brokers. This allows the commission to update their records, ensuring that the salesperson is properly affiliated with the new broker. Returning the license is also necessary as it signifies the end of the salesperson's affiliation with the previous broker.
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hi how do you write close questions about Digicel
To write close-ended questions about Digicel, you need to focus on specific aspects of the company.
Close-ended questions are those that require a simple "yes" or "no" answer or choose from a limited set of options. Here are some examples of close-ended questions that you can ask about Digicel:
Does Digicel offer prepaid mobile plans? Is Digicel available in all countries in the Caribbean?Does Digicel provide internet services?Is Digicel's customer service available 24/7?
Does Digicel offer international roaming services? Is Digicel a publicly-traded company?Does Digicel have any partnerships with other companies? Is Digicel involved in any corporate social responsibility initiatives?
Does Digicel offer any loyalty programs for its customers? Is Digicel's network coverage reliable and fast?
By asking close-ended questions, you can quickly gather information about specific aspects of Digicel. These questions can be used for research purposes, customer surveys, or to gain a better understanding of the company's services and operations.
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What are 2 advantages of a tariff?.
A tariff is a sort of tax that a nation imposes at the border on an imported commodity. In the past, governments have used tariffs to raise money, but they have also used them to attempt to safeguard domestic manufacturers.
The following are some benefits of levying tariffs:
Helps in generating revenue: Tariffs are a useful tool for increasing tax income for governments. A revenue tariff is the name for this form of tax, which is not intended to limit imports.Protects Domestic Industries: Governments have the power to employ tariffs to support specific industries, frequently doing so to safeguard businesses and jobs.Protects domestic consumers: By raising the cost of items made abroad so that domestically produced alternatives appear more appealing.Protects National Interests: By imposing tariffs on a trade partner's principal exports, tariffs can be used to impose economic pressure. This is a further application of foreign policy.To learn more about tariffs see:
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Can someone answer this question please please I don’t know how to do it and it’s to tonight please
And please show the work please
Answer:
1) 5
2) 2
3) 3
4) 3
5) 4
6) 18
7) 8
8) 16
9) 10
10) 33
Explanation:
1) 10/2 = 5
2) 4/2 = 2
3) 6/2 = 3
4) 9/3 = 3
5) 12/2 = 6, 24/6 = 4
6) 6/2 = 3, 6*3 = 18
7) 16/4 = 4, 32/4 = 8
8) 32/8 = 4, 4*4 = 16
9) 20/2 = 10, 1*10 = 10
10) 22/2 = 11, 11*3 = 33
HOPE THIS HELPS! CAN I GET BRAINLIEST PLEASE? THANKS!Select the correct answer. What is the first step in financial planning? A. maintaining a log of all your expenses B. understanding what you want C. preparing a balance sheet D. attaching a goal cost to every goal E. attaching a time frame to every goal
Answer:B
Explanation:
If you don't know what you want you can't do anything else
Answer:
B
Explanation:
How long does it typically take for deeper aquifers to recharge?
We need to consider various factors such as the aquifer's depth, geological characteristics, and local climate conditions. Generally, deeper aquifers take a longer time to recharge compared to shallow ones due to their depth and lower permeability.
The process of recharging deeper aquifers involves several steps:
1. Precipitation: Rain or snowfall infiltrates the ground, adding water to the soil.
2. Infiltration: Water moves downward through the soil and unsaturated zone due to gravity.
3. Percolation: Water travels through the unsaturated zone, eventually reaching the water table.
4. Recharge: Once the water reaches the water table, it becomes part of the aquifer and is available for use.
The time it takes for deeper aquifers to recharge can range from several years to thousands of years, depending on the factors mentioned earlier. The depth of the aquifer, the permeability of the geological material, and the amount of precipitation received all play a role in determining the recharge rate.
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Suppose a marketing manager was conducting a marketing cost analysis. In doing so, he wanted to allocate activity costs to each of four unrelated product lines. What would be the most appropriate approach for allocating advertising expenses
One of the most commonly used methods for allocating advertising expenses is the direct method, which involves assigning the advertising expenses directly to each product line based on the proportion of advertising spent on that particular product.
Another approach is the activity-based costing (ABC) method, which involves identifying the specific activities that contribute to advertising expenses, such as creating ads, placing them in media, and monitoring their effectiveness. These activities are then assigned a cost, which is allocated to each product line based on the amount of advertising it requires. A third method is the contribution margin approach, which focuses on the profitability of each product line. In this method, the advertising expenses are allocated based on the contribution margin, which is the difference between the selling price and the variable cost of each product. This method ensures that the product lines with higher profitability receive a larger share of the advertising expenses. Ultimately, the most appropriate method for allocating advertising expenses depends on the goals and priorities of the marketing manager, as well as the nature of the products and the market in which they operate. It is important to carefully consider each method and choose the one that best reflects the company's strategy and objectives.
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the maximum gain on a short call is a) the strike price. b) strike – premium. c) strike + premium. d) the premium.
The correct answer is d) the premium. A short call option is a type of options contract where the seller (writer) of the call option agrees to sell the underlying asset to the buyer (holder) at a specific price (strike price) within a predetermined period. The seller receives a premium from the buyer for selling this option.
When a trader engages in a short call position, their maximum gain is limited to the premium they received from selling the call option. This means that regardless of the price movement of the underlying asset, the most the seller can earn is the initial premium received. Options premiums are the prices paid by buyers to acquire the right to exercise the option. As a seller, the premium received is the maximum profit achievable, representing the income generated from selling the option. The strike price and the premium are distinct components in the options contract, and while they may affect the overall profitability of the trade, the maximum gain for the seller of a short call option is always limited to the premium received at the time of sale. Therefore, option d) the premium is the correct choice for the maximum gain on a short call.
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Please Help!
Banks are businesses. Like other banks, they seek profit. How do they earn profit?
Please answer as if you were explaining it to elementary students.
Answer:
Banks are businesses. Like other businesses, they seek profit. ... Banks allow depositors to earn interest on their money, and they can supply borrowers with loans to buy houses, cars, etc. The interest from these loans is one of they ways they profit.
Explain why the credit industry wants you to believe that you need a credit score
Answer:
Because the credit industry gains a profit from it's users. Credit is a tool, and if used wisely can be beneficial for many people who don't have enough cash to pay for things. Having "good" credit score means that it's easier for you to receive a loan.
Let understand that Credit score refers the score which tells about a consumer's creditworthiness.
In practice, the higher the credit score of an individual, the higher the rate of repayment of credit gotten.
The Credit scoring is used the lenders to help them decide whether to borrow, extend or deny credit.
Therefore, the credit industry wants one to believe you need credit score because its helps them to ascertain your creditworthiness.
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Darren is purchasing a car that costs $10,000. he is taking out a simple interest loan at an annual rate of 3%. if he makes monthly payments over a period of 6 years, how much is his monthly payment?
Based on the cost of the car to Darren and the simple interest loan rate, the monthly payments over the 6 years will be $163.89
How to find the monthly payments?To find the monthly payments, you first need to find the total amount that Darren will pay back in 6 years.
This total loan repayment for the car is:
= 10,000 + ( 3% x 10,000 x 6 years)
= 10,000 + 1,800
= $11,800
The total monthly payments to Darren are:
= Total loan repayment / Number of months
= 11,800 / (6 x 12 months a year)
= 11,800 / 72
= $163.89
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Which are affected by the factors of production? Choose three answers.
the demand of the item
the availability of the item
the cost of the item
the quality of the item
the popularity of the item
Answer:
A.)- the demand of the item
C.)- the cost of the item (some factors are more expensive and rare than other)
D.)- the quality of the item
Explanation:
Answer:
A. the demand of the item
C. the cost of the item
D. the quality of the item
Explanation:
Why are labor unions able to negotiate effectively with companies where individual workers can't?
Help please 80 points!!!
Answer:
As said from quizzlet, Labor unions can use the power of collective bargaining and strikes to make management listen. Instead of using the power of one, easily replaced worker, the union uses the power of all workers for leverage.
Explanation: