It is false. By preserving what is unique about a company, strategic positioning aims to achieve long-term competitive advantage. It refers to engaging in different activities from competitors or engaging in comparable activities but in various ways.
Companies can use strategic positioning as a key instrument to increase business profit. Determining how to set themselves apart from rivals may be a crucial step in developing the goal and operating principles of new businesses. By expanding the volume of products they produce and the market they serve, strategic positioning can aid established businesses in growing. Executives of a firm may find it helpful to attract investors and media attention by being able to articulate how their organization differs from that of its rivals.
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llus Patrick is selling a new hair product. He hopes to sell 10 bottles a month if he spends a one-time $100 on advertising. He is selling each bottle for $12. The product costs him $5.00 to make per bottle. What would the planned profit be after one year of sales?
A. $600 B. $740 C. $1050
Answer:
B. $740
Explanation:
In the given scenario we will be analysing the cost of production versus the revenue earned by Patrick. The difference between the two will give our profit
Total number of bottles produced a year = 10 * 12 = 120 bottles
Cost of production = Advertising + manufacturing cost
Cost of production = 100 + (120 * 5) = $700
Revenue = 120 * 12 = $1,440
Profit = 1,440 - 700 = $740
Sometimes the government will step in when they feel the need to encourage competition in
a particular industry and to break up companies that have nearly complete control over a
particular market. What is it called when the government initiates action against companies
that appear to have too much power?
A.consumer protection
B.OSHA
C.monopolies
D.antitrust suits
what does the CTSO “FEA”
describe??? PLEASE ANSWER QUICK
Answer:
Explanation:The Future Educators Association (FEA), sponsored by PDK International, is a. student organization that provides students. interested in education-related careers. with activities and materials that help them.
if im wrong, sorry.
if a domestic currency is undervalued, then its real exchange rate could be ____ (type in any feasible number)
IIf a domestic currency is undervalued, then its real exchange rate could be lower than its equilibrium level.
The equilibrium level of the real exchange rate is the level at which the purchasing power of the domestic currency is in balance with the purchasing power of foreign currencies. It represents the long-term relationship between the relative prices of goods and services in different countries.
In a freely floating exchange rate system, the equilibrium level of the real exchange rate is determined by supply and demand factors in the foreign exchange market. It is influenced by various economic factors, such as inflation rates, interest rates, productivity levels, and trade balances.
When the real exchange rate is at its equilibrium level, it reflects the true value of the domestic currency relative to foreign currencies. At this level, there is no tendency for the currency to appreciate or depreciate in the long run, and it ensures that goods and services are priced competitively in international markets.
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Does anyone know how to get rid of/delete a Wibbitz Account? It's like a video editing place and I'm still on the 8-day trial and I will not pay those prices. Only respond as an answer if you like work for Wibbitz or if you know what I'm talking about. PLS PLSPLSPLSPSL Help me and give a detailed tutorial pls help me. Like for real whoever helps me will be like a guardian angel! :)
Rather than deleting it as a whole, I'm pretty sure you can just cancel the subscription.
First, try to go through the subscription page and find an option to cancel it.
If that doesn't work, go through your payment method and cancel your subscription through there.
If you've only made the account, your 8 day trial is completely free and it will not charge you but instead request that you start a subscription. If that happens, then just decline the subscription.
If you are recording your own audio clips, what is the best advice about
including a joke in a clip?
A. Effective speakers rarely include jokes in presentations.
B. It can help increase audience members' interest.
C. Jokes are not appropriate in persuasive addresses.
D. Jokes are appropriate, but only if the topic is humor
Answer:
B
Explanation:
As long as the joke is good
which account is prepared before balance sheet ?
Answer:
Balance sheet is prepared after ascertaining net profit and net loss from profit and loss account. It is the summary of the personal account and real accounts having debit and credit balances.
Problem Solving
Consider the following situation:
Doreen had only had one professional position thus far in her career, her current job, and it was an entry-level position at that. While she was a good employee, it was a large company, and its president didn’t know her and wouldn’t be able to vouch for her work. Doreen didn’t know how to approach getting a letter of recommendation from her employer. Her only other option was a local soup kitchen where she sometimes volunteered her time.
What should Doreen do to obtain letters of recommendation and also line up potential phone references?
Doreen should focus on showcasing her skills, maintaining positive relationships, and proactively seeking recommendations to increase her chances of obtaining the necessary letters and phone references.
To obtain letters of recommendation and line up potential phone references, Doreen can take the following steps:
1. Build relationships: Doreen should focus on building strong relationships with her supervisors and colleagues at her current job. By demonstrating her skills, work ethic, and dedication, she can create a positive impression that may lead to recommendations.
2. Request a meeting: Doreen should request a meeting with her immediate supervisor or manager to discuss her career aspirations and the possibility of obtaining a letter of recommendation. She can explain her goals and highlight her achievements in the company to show her value.
3. Volunteer recommendation: Doreen can approach the local soup kitchen where she volunteers and request a letter of recommendation from a supervisor or coordinator who can vouch for her commitment, work ethic, and skills displayed during her volunteer work.
4. Networking: Doreen should actively engage in professional networking. Attending industry events, joining relevant professional associations, and connecting with professionals in her field can help her establish new connections who might be willing to provide references or recommendations.
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advantages of collaborative office layouts
Answer:
By far, one of the greatest benefits of breaking down literal walls in the office is increased collaboration.
Explanation:
When multiple people are working in the same space, they are more likely to share ideas and ask for input.
is he drinking coke or pepsi ?
How can discussions,projects,campaigns and events support victims of xenophobia
Answer: They can raise awareness
Explanation:
Xenophobic victims have been through a lot of discrimination, hatred, physical abuse in most scenario. What most of them need in most cases are encouragement, opportunities to help them better.
Any project, campaign and event done would also raise awareness to those discriminating against them to understand that there is no need for that, most times some of this programs are for raising the awareness and when these awareness are raised they help the sanity of the environment where this xenophobic activities happen previously.
A disadvantage of using credit is impulse buying
True or False
Answer:
True
Explanation:
Impulse buying is making unplanned or non-budgeted purchases. In impulse purchases, buying decision is based on attraction rather than the need to have the item.
Making payment via a credit card is incurring a debt. One does not need to have money on their account for the payment to go through. It means one can spend money that they do not have on hand or at the bank. A credit card permits one to make payments for goods they had not planned to buy. It can encourage the buying of items that are not required.
You can buy life insurance for anyone. True or false
Answer:
False
Explanation:
Answer: False
Explanation:
(d) Explain how the sampling methods four non-probability sampling methods:
Quota Sampling, Judgmental Sampling, Snowball Sampling, and Convenience Sampling
may be used in business administration.
You are expected to make use of short real-life examples to support your answer with appropriate referencing.
Non-probability sampling techniques are essential for data collection when population-based selection is not possible. Four of these techniques, include Quota Sampling, Judgmental Sampling, Snowball Sampling, and Convenience Sampling
Sampling is a critical tool that is widely used in business administration. Non-probability sampling techniques, on the other hand, are essential for data collection when population-based selection is not possible. Four of these techniques, including Quota Sampling, Judgmental Sampling, Snowball Sampling, and Convenience Sampling, are discussed below.
Quota Sampling: Quota sampling is a non-probability sampling technique that is widely used in market research. This method requires the population to be divided into segments or strata based on different demographic criteria, such as age, sex, and race. In this technique, the researcher defines the sample size for each stratum. For instance, if we want to survey customers for a product, we can divide them into segments like age, gender, and income and take an equal number of samples from each group. It helps to ensure that the sample is representative of the population.
Judgmental Sampling: Judgmental sampling is a non-probability sampling technique that is used when the researcher has a wealth of knowledge about the study population. The researcher uses his or her judgment to identify specific individuals or groups that are likely to have the necessary information. For example, if we want to study the work habits of employees in a company, we can use the supervisor's judgment to select employees who are most likely to provide accurate and relevant information.
Snowball Sampling: Snowball sampling is a non-probability sampling technique used in situations where the population is difficult to reach or identify. It is usually used for research on hard-to-reach populations such as drug users, prostitutes, and undocumented immigrants. In snowball sampling, the researcher starts with one participant and then asks that person to identify other participants who can also participate in the study. It helps to expand the sample size and can often yield a more representative sample.
Convenience Sampling: Convenience sampling is a non-probability sampling technique that is often used in research when the researcher selects participants based on convenience or proximity. It is used when the population is readily available and easy to access. For example, if we want to study the shopping habits of a particular group, we can go to a shopping mall and survey the first 100 people who pass by. It is a quick and easy way to gather data that can provide insights into the research question.
Non-profitability in Sampling Methods: Most of the non-probability sampling methods are less reliable than probability sampling methods. Non-probability sampling methods have a high risk of bias. For example, in quota sampling, the researcher can over-represent a particular group if he or she has some bias. Similarly, in judgmental sampling, the researcher can choose the sample that confirms his or her hypothesis. Therefore, researchers should use non-probability sampling methods with caution and understand their limitations while conducting the research.
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which program has
budget lidl
year?
A. Social Security
O B. Medicaid
Ο Ο Ο Ο
O C. Defense
O D. Medicare
Answer: Medicare and social security
Explanation:your welcome
______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
A student of mass of 65kg takes 10s to run up a flight of stairs of 40steps. lf each step is 12cm high,calculate the potential energy of the student at a maximum height. take gravity =10m/s2
Answer:
Eg=mgh
Eg=gravitational potential energy
m=mass (kg)
g=acceleration of gravity
h=height (m)
m=65kg
g=10m/s²
h=40·12=4.8m
Eg=65(10)(4.8)
Eg=3120J
PLEASE HELP! I'M DOING A TEST!!!
Which analyst position analyzes information using mathematical models to help business managers make decisions?
A) Budget Analyst
B) Management Analyst
C) Credit Analyst
D)Operations Research Analyst
Answer:
operations research analyst
Which of the following is NOT Considered personal information?
O a) Social Security number
Ob) Date of Bith
Oc) Place of employment
O d) Credit card number
Answer: NOne of the above. Or C Place of employement
Explanation:
The personal information that does not consider is the place of employment.
The following things should be considered for personal information:
The number of social security.The date of birth.The credit card number.Personal information refers to the information that does not share with anyone as it is safe and secure data that should be kept with the person only.
Therefore we can conclude that the personal information that does not consider is the place of employment.
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How do credit card companies use a person's credit report?
A.) To determine if that person should be given a loan or credit card
B.) To calculate how much interest the person is owed on their account
C.) To help them figure out ways to pay off their outstanding debt
D.) To figure out if that person has been using a budget
Answer:
The answer is the letter A
Answer:
A
Explanation:
USA TEST PREP HELP ILL GIVE BRAINLIEST. If both monetary policy and fiscal policy were used at the same time to contract the economy, which set correctly describes the likely result of these actions?
A) A
B)B
C)C
D)D
Answer:
I am unsure of the answer but it can be narrowed down to B D or E because the GDP would decrease.
Investment income includes which of the following?
a.
Interest income
b.
Dividend income
c.
Passive income
d.
All of the above.
d. All of the above.
Investment income includes interest income, dividend income, and passive income.
Interest income refers to the earnings generated from investments such as bonds, certificates of deposit (CDs), or loans made to others. When individuals or entities lend money, they receive interest payments as a form of compensation.
Dividend income is derived from owning stocks or shares in a company. Companies often distribute a portion of their profits to shareholders in the form of dividends. Shareholders receive dividend payments based on the number of shares they own.
Passive income encompasses various sources of earnings from investments that require minimal effort or active involvement from the investor. This can include rental income from real estate properties, royalties from intellectual property, or income from investments in partnerships or limited liability companies.
All of these forms of investment income contribute to an individual's overall investment returns. It's important to note that the tax treatment and specific rules governing each type of investment income may vary depending on the jurisdiction and the nature of the investment.
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If the ulitity function is: U=45x1 + 69x2
How many units of x1 is the consumer willing to pay to get one more unit of x2? (hint: Remember how to obtain the opportunity cost of x2 using MRS. ENTER THIS NUMBER AS POSITIVE!!! NO NEGATIVE NUMBERS!!!!))
The consumer willing to pay approximately 1.533 (rounded to three decimal places) units of x1 to obtain one additional unit of x2.
To determine how many units of x1 the consumer is willing to pay to obtain one more unit of x2, we can use the concept of the Marginal Rate of Substitution (MRS). The MRS represents the rate at which the consumer is willing to trade one good (x1) for another good (x2) while keeping utility constant. The MRS can be calculated by taking the partial derivative of x1 with respect to x2, denoted as MRS(x1, x2). In this case, the utility function U = 45x1 + 69x2 implies that the MRS(x1, x2) is equal to the coefficient of x1 divided by the coefficient of x2.
Therefore, the MRS for this utility function is:
MRS(x1, x2) = coefficient of x1 / coefficient of x2 = 45 / 69
To determine how many units of x1 the consumer is willing to pay for one more unit of x2, we take the reciprocal of the MRS:
1 / MRS(x1, x2) = 69 / 45
Hence, the consumer is willing to pay approximately 1.533 (rounded to three decimal places) units of x1 to obtain one additional unit of x2.
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Select the correct answer.
What helps art directors ensure that ad vision works on the screen and allows cost effective critical changes to take place before production?
A.
Copywriting
B.
Storyboarding
C.
Animating
D.
Auditioning
Answer:
Storyboard I think it might be right
Answer:
B
Explanation:
I took the test!
In trading account freight belongs to which side debit or credit?
Answer:
Explanation:
In trading account, freight belongs to the debit side. It is a direct expenses on purchases and manufacturing operation
Freight is the cost incurred in transporting an item to its final destination when the terms are FOB shipping point. It is treated as part of the cost of merchandise and recorded in the inventory if the merchandise has not been sold.
Increase in the cost of freight are recorded on the debit side while decrease are recorded on the credit side.
a blank identifies a firm's target markets, a related marketing mix, and the bases upon which the firm plans to build a sustainable competitive advantage. multiple choice question. mission statement marketing strategy market statement marketing metric
Target markets, a corresponding marketing mix, and the foundations on which a company intends to create a long-term competitive advantage are all identified by the bank. Hence option (B) is the correct one
What are Metrics in Marketing?Marketers can monitor marketing analytics to determine the success of their advertising campaigns. These indicators can show how well your marketing campaigns are influencing people to engage in worthwhile activities.
For marketers, marketing metrics serve as a guide for data collecting and analysis. Depending on the platforms, goals, and campaign types, you should employ different marketing metrics.
The involvement and money generated from each campaign over time will be highlighted in a more subtle way.
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When setting prices of products, businesses want to make sure they can
cover their costs and make
A. a markup
B. an allowance
C. a discount
D. a profit
Answer:
When setting prices of products, businesses want to make sure they can cover their costs and make:
D. a profit
The setting prices of products, businesses want to make sure they can cover their costs and make a profit. Thus, option (d) is correct.
What is businesses?The term “business” refers to earning a profit. The business is taking the risk and earning the profit. The business is mainly focused on the activities of the creation, distribution, and selling of concepts. The businesses are interested in the investment as a future perspective.
The business is the main motive for earning the profit. Businesses are increasing productivity as a result of rising profits. From the location to the facilities such as medical facilities, proper furniture, employee liberty of work, training, internet facilities, and furniture, etc., businesses are improving. The cost plus extra amount is called the profit.
As a result, in the setting prices of products, businesses want to make sure they can cover their costs and make a profit. Therefore, option (d) is correct.
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the opportunity cost of holding excess reserves is the federal funds rate a. plus the discount rate. b. plus the interest rate paid on excess reserves. c. minus the interest rate paid on excess reserves. d. minus the discount rate.
The opportunity cost of holding excess reserves is the federal funds rate minus the interest rate paid on excess reserves. Therefore, Option C is correct.
The federal funds rate is the rate at which commercial banks lend and borrow from one another their excess reserves. It is influenced by supply and demand factors and is controlled by the Federal Reserve's monetary policy. The interest rate paid on excess reserves is the rate paid by the Federal Reserve to commercial banks on their excess reserves held with the Federal Reserve.
The opportunity cost of holding excess reserves is the interest foregone when commercial banks hold excess reserves with the Federal Reserve instead of using the money to make loans, invest or buy assets, and earn interest. The higher the federal funds rate, the higher the opportunity cost of holding excess reserves. If the interest rate paid on excess reserves is lower than the federal funds rate, commercial banks are incentivized to lend out their excess reserves, and vice versa.
Therefore, the correct option is c. minus the interest rate paid on excess reserves.
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.The standard deviation of.alt="f$ar{X},f$ "> is usually called the
A.standard error of the sample
B.randomized standard error
C.standard error of the mean
D.standard error of the population
The correct answer is C. Standard error of the mean. The standard deviation of a sample or population measures the spread or variability of the data.
However, when it comes to estimating the true population mean, the standard deviation of the sample mean is more relevant. This is because the sample mean is subject to sampling variation, meaning that if we take multiple samples from the same population, we would get slightly different sample means each time. The standard error of the mean (SEM) quantifies this variation and measures the precision with which the sample mean estimates the population mean.
The formula for SEM is the standard deviation of the sample divided by the square root of the sample size. SEM is important in hypothesis testing and confidence interval estimation, as it helps us determine the likelihood that a given sample mean represents the true population mean. In summary, while the standard deviation measures the variability of the data, the standard error of the mean measures the precision of the sample mean estimate.
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Question 4 (7 Marks)
A)
The Consumer Price Index (CPI) is an index that measures changes in the average prices for consumer goods and services. Explain why CPI is not a perfect measure of inflation.
Suppose the Australian Bureau of Statistics in 2021 reported as follows:
The Armed forces, children below 15 years, the disabled and retired population were 12.2 million of the Australian population
Total population: 26.6 million
Adult Australians employed: 13.6 million
B)
Based on this information, answer the questions below
Calculate Australia’s labour force in 2021
Calculate Australia’s unemployment rate in 2021
The Consumer Price Index (CPI) is widely used as a measure of inflation, but it is not a perfect measure for several reasons:
Limited Basket of Goods: The CPI is based on a fixed basket of goods and services that represent the average consumption patterns of urban households. However, individual spending patterns may vary significantly, and the basket may not accurately reflect the goods and services purchased by different groups or regions. This limitation can result in the CPI not fully capturing price changes for specific demographics or geographic areas.
Quality Adjustments: The CPI aims to measure changes in prices for comparable goods and services over time. However, it becomes challenging to account for quality improvements or changes in product features. If a product improves in quality without a price increase, the CPI may not fully capture the increase in the value consumers receive from the product.
Substitution Bias: The CPI assumes a fixed basket of goods and does not account for consumers' ability to substitute one good for another when prices change. When the price of a particular item rises, consumers may switch to a cheaper substitute. The CPI does not fully consider this substitution effect, leading to an overestimate of the cost of living.
New Product Introduction: The CPI may not adequately account for new products entering the market. If new products offer better value for money, the CPI may not reflect the true decrease in the cost of living due to the introduction of these products.
Changes in Consumer Behavior: The CPI assumes that consumers' purchasing patterns remain constant over time. However, consumer behavior can change in response to price changes or shifts in preferences. The CPI may not fully capture the impact of such changes in consumer behavior on inflation.
Now, let's move on to the calculations based on the provided information:
B)
To calculate Australia's labor force in 2021, we need to subtract the number of individuals who are not part of the labor force from the total population.
Labor Force = Total Population - (Armed Forces + Children below 15 years + Disabled + Retired Population)
Labor Force = 26.6 million - 12.2 million
Labor Force = 14.4 million
Therefore, Australia's labor force in 2021 is 14.4 million.
To calculate Australia's unemployment rate in 2021, we need to divide the number of unemployed individuals by the labor force and multiply by 100 to express it as a percentage.
Unemployment Rate = (Unemployed / Labor Force) * 100
Since the number of unemployed individuals is not provided in the given information, we cannot calculate the exact unemployment rate.
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