. Suppose a department store Collect information about 50 customers' service usage history. Buy products, get data according to the table from File RFM. Use REM to analyze each customer. by the criteria for giving Score in each dimension Details are as follows:
1.1 Criteria R is based on the number of days of the last purchase. By dividing customers into 10 groups, the first group who bought the latest product will receive a score of 20 full points. The next group will receive a score of 18, 16, 14. Scores are listed in descending order. Therefore, the group of customers who have bought products for a very long time is the last order or Group 10 will receive a score equal to 2 points.
Answers
Based on the provided information, a department store collected information about 50 customers' service usage history. They bought products and got data according to the table from File RFM.
REM was used to analyze each customer by the criteria for giving score in each dimension. Here are the details: Criteria R is based on the number of days of the last purchase. By dividing customers into 10 groups, the first group who bought the latest product will receive a score of 20 full points. The next group will receive a score of 18, 16, 14. Scores are listed in descending order. Therefore, the group of customers who have bought products for a very long time is the last order or Group 10 will receive a score equal to 2 points
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Related Questions
Countries rely on each other for good and services, this is called economic
A
balance of trade
B
interdependence
с
international trade
D
quota
Answers
Answer:
B. interdependence
Explanation:
Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.
Economic integration can be defined as a strategic trade arrangement between countries to eliminate or mitigate trade barriers, as well as coordinate fiscal and monetary policy among its members.
There are different types of market or trade bloc used in economic integration and these includes;
I. Customs union
II. Free trade area
III. Common market
IV. Political union
VI. Economic union
A free trade area (zone) can be defined as an economic area wherein goods are exported or imported from one country to another without being subjected to normal trade laws such as quotas, bureaucratic requirements and tariffs of the country. Thus, a free trade area (zone) stimulates or enhances foreign trade, investment and globalization.
Hence, when countries rely on each other for good and services, this is called economic interdependence.
Economic interdependence can be defined as a situation in which two or more individuals, organizations or countries depend on one another through the exchange of goods and services, in order to meet their demands or needs.
Benny surveyed a group of individuals from diverse backgrounds regarding his company's latest advertisement. He found that the part that most of the individuals remembered about the advertisement was the joke. Which feature of advertisements have the individuals in bennys survey group depicted ?
Answers
Answer:
B). Ad recall
Explanation:
The 'ad recall' feature of the advertisement is being displayed in Benny's survey group as it aims to evaluate the number of people who remembered the latest advertisement of his company within the two days of the display. The survey primarily aims to check how memorable was their advertisement to the people to check if the advertisement was effective enough and able to create desired impact or not. Thus, option B is the correct answer.
Answer:
B. ad recall
Explanation:
For all Plato users
would u go out with me
Answers
Answer:
No
Explanation:
This is not a dating site...
on may 1, there were 4 inventory items that cost $30 each. on may 5, 2 items were purchased for $35 each. given one item from the beginning inventory and one from the may 5 inventory were sold, under the inventory method, cost of goods sold would equal $75.
Answers
Based on the specific identification inventory method, the cost of goods sold would equal $65 ($30 + $35) and not $75 as indicated in the question.
Specific identification is an inventory costing method that tracks the cost of goods to the exact items that are sold. This method is used where it is possible to track sold items individually, especially when the sold items are separately identifiable.
Specific identification is just one method in inventory costing. Others are Last-in, First-out (LIFO), First-in, First-out (FIFO), and Weighted-Average Cost Methods.
Thus, the inventory method that will produce the cost of goods sold under this scenario is the specific identification method.
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ESTIMATING COSTS
ACTIVITY 1- Scenario: Margaret has recently opened up her own
Beauty Salon in Abu Dhabi. She has been operating for the last 6
months as a sole trader.
List Margaret's costs for her business below:
Fast plz
Answers
Answer:
Opening your own hair salon is a milestone for any hairdresser. You may be wanting to open a salon so that you are self-employed. You may also be wanting to provide your own clients with services that align with your vision of what a hairdressing experience should be. However, opening a hairdressing salon is a big responsibility, even if you have previous experience in the hairdressing industry.
One of the most important things you will need to consider when planning to open a hairdressing salon is how to structure your business. Your business structure is the legal framework of your business. It has the potential to reduce your exposure to financial risk and enable flexibility for growth. The wrong business structure for a new business may be costly and may not be suited to your business goals. This article considers four popular business structures and their suitability for hairdressing businesses.
1. Sole Trader
If you are starting a hairdressing salon on your own or are wanting to freelance, you may choose to operate as a sole trader. As a sole trader, you will have full control and autonomy of the running your business. This structure is usually relatively easy and cheap to set up. It also has minimal legal formalities.
To set up as a sole trader, you will need an Australian Business Number (ABN). If you intend to trade under your own name, then you don’t need to register a business name. However, if you plan to operate under a different name, you simply need to register a business name with the Australian Securities and Investments Commission (ASIC).
Although it has an easy setup, this structure does come with risk. If any of your clients sue you or you incur any debts, you will be personally responsible. This means that if you can not repay these debts from the funds of the business, you will have the repay the debt from your own personal finances.
Also, as a sole trader, you have limited resources available to fund the growth of your business. You will need to rely on:
personal savings;
loans; and
business profits.
You cannot raise funds from the general public. Being a sole trader may also not be the most tax-effective decision. This is because a sole trader is liable to the same tax rate applicable to individual taxpayers on income earned. You should check this with an accountant or tax lawyer.
2. Partnership
If you plan to open your hairdressing salon with one or more business partners, you may choose to enter into a partnership. Similar to a sole trader, the setup is simple and has minimal upfront costs. You will require an ABN for the partnership and most partnerships also register a business name.
It is also important for the partners to enter into a partnership agreement. This agreement governs the relationship between partners and sets out key terms, which may describe:
how the business will be managed;
how the profits will be shared;
who will fund the partnership;
how you or your partners can sell your share in the business; and
the process for managing disputes.
However, setting up a partnership also comes with risks. Like a sole trader, if someone sues you or you go into debt, your personal assets and finances will be at risk.
Additionally, partnerships involve joint liability. Therefore, you may be personally liable for business debts owed by any of the other partners. The amount owed is not divided proportionally according to your percentage of ownership in the business, so you could be responsible for paying the entire amount.
Like a sole trader, you cannot raise funds from the general public to fund the growth of your business. You will need to rely on:
the savings of each partner;
loans; or
business profits.
However, unlike a sole trader, you can look to bring on more partners to increase the pool of funds available for the business.
3. Company
Whether you are operating your hairdressing salon on your own or with other business partners, you may decide to operate as a company. A company is a separate legal entity. This means it is capable of suing and being sued. It also holds assets in its own name and can enter into contracts in its own name.
There are two key players involved in the management of a company. These are shareholders and directors. As the founder of your business, you will usually be both a shareholder and a director of the company that you establish. Any other business partners may also take on these roles.
hope it helps
The following data are for the economy of Moksha. C=40 + 0. 75Y G= 180 I=70 XN= 50 - 0. 25Y a. Calculate equilibrium GDP. Equilibrium GDP is $ b. Calculate the multiplier. Round your answer to 2 decimal places. The multiplier is c. If the tax function is T = 20 + 0. 2Y, the size of the budget (Click to select) v is $ Round your answer to 1 decimal place. D. Now, change government spending, by the size of the surplus, or deficit, in an attempt to balance the budget. What will be the new equilibrium income? Round your answer to 1 decimal place. New equilibrium GDP is $ e. At the new equilibrium there is a budget (Click to select) v os $ Round your answer to 2 decimal places
Answers
To calculate the equilibrium GDP and the multiplier in the given scenario, let's solve each part of the question step by step.
a) Calculate equilibrium GDP:
The equilibrium GDP occurs when aggregate output (Y) is equal to aggregate expenditure (AE). In this case, AE consists of consumption (C), government spending (G), investment (I), and net exports (XN). The equation is as follows:
Y = C + I + G + XN
Given the following data:
C = 40 + 0.75Y
G = 180
I = 70
XN = 50 - 0.25Y
Substituting these values into the equation, we have:
Y = (40 + 0.75Y) + 70 + 180 + (50 - 0.25Y)
Simplifying the equation:
Y = 340 + 0.5Y
Solving for Y:
0.5Y = 340
Y = 340 / 0.5
Y = 680
Therefore, the equilibrium GDP is $680.
(b) Calculate the multiplier:
The multiplier (k) is determined by the formula k = 1 / (1 - MPC), where MPC is the marginal propensity to consume. In this case, the marginal propensity to consume can be found by taking the derivative of the consumption function (C) with respect to income (Y):
MPC = dC/dY = 0.75
Calculating the multiplier:
k = 1 / (1 - 0.75) = 1 / 0.25 = 4
Therefore, the multiplier is 4.
(c) Calculate the size of the budget surplus or deficit:
The size of the budget (T) can be determined by the tax function given: T = 20 + 0.2Y. To find the size of the budget, we need to determine the value of T at the equilibrium GDP (Y = 680).
T = 20 + 0.2(680)
T = 20 + 136
T = 156
Therefore, the size of the budget is $156.
(d) Calculate the new equilibrium income:
To balance the budget, we need to adjust government spending (G) to match the size of the budget surplus or deficit. Since the budget size is $156 and the initial government spending is $180, there is an initial deficit of $180 - $156 = $24.
To find the new equilibrium income, we adjust government spending (G) by the size of the surplus or deficit. In this case, the new government spending would be $180 - $24 = $156.
Using the equation Y = C + I + G + XN and substituting the adjusted values, we have:
Y = (40 + 0.75Y) + 70 + 156 + (50 - 0.25Y)
Simplifying the equation:
Y = 316 + 0.5Y
Solving for Y:
0.5Y = 316
Y = 316 / 0.5
Y = 632
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Which statement describes the effect of inflation?
A. Inflation does not affect the value of an object.
B. Inflation does not affect the cost of an object.
C. Inflation increases the cost of an object or decreases the value of
an object.
D. Inflation decreases the cost of an object or increases the value of
an object
Is it C?
Answers
Inflation is a decrease in the purchasing power of money, ... As a currency loses value, prices rise and it buys fewer goods and services
The statement that best describes the situation and the effect of inflation is the option C). Inflation increases the cost of an object or decreases the value of an object.
What is the effect of the inflation?Inflation refers to the general increase or rise in the prices of goods and services in an economy. It is the rate of increase in prices over a given period of time. It also lowers the values of pensions, savings, and Treasury notes.
Inflation played a very significant role in the development of any country as it effect it in both the negative and positive way. It raises the prices of both the goods and services, which lower down the purchasing power of the people.
Basically, it can be said that the Inflation occurs when there is a broad increase in the prices of the goods and services.
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Select the correct answer.
What is an opportunity cost?
Olost benefits of other opportunities
cost of taking up an opportunity
costs incurred to receive the benefits of an opportunity
O costs incurred when the wrong opportunity is selected
Answers
Answer:
lost benefits of other opportunities
Explanation:
Answer: lost benefits of other opportunities
Explanation:
what is a business plan
Answers
Answer:
A business plan is a written document that describes in detail how a business usually a startup may defines its objectives and how it is to go about achieving its goals.
Answer:
According to Wikipedia, A business plan is a formal written document containing the goals of a business, the methods for attaining those goals, and the time-frame for the achievement of the goals.
Preparing a consolidated income statement—Cost method with noncontrolling interest and AAP
A parent company purchased a 75% controlling interest in its subsidiary several years ago. The aggregate fair value of the controlling and noncontrolling interest was $648,000 in excess of the subsidiary’s Stockholders’ Equity on the acquisition date. This excess was assigned to a building that was estimated to be undervalued by $360,000 and to an unrecorded Customer List valued at $288,000. The building asset is being depreciated over a 15-year period and the Customer List is being amortized over a 4-year period, both on the straight-line basis with no salvage value. During the current year, the subsidiary declared and paid $160,000 of dividends. The parent company uses the cost method of pre-consolidation investment bookkeeping. Each company reports the following income statement for the current year:
Parent Subsidiary
Income statement:
Sales $9,600,000 $2,080,000
Cost of goods sold (6,720,000) (1,152,000)
Gross profit 2,880,000 928,000
Income (loss) from subsidiary 120,000 0
Operating expenses (1,824,000) (563,200)
Net income $1,176,000 $364,800
a. Starting with the parent’s current-year pre-consolidation net income of $1,176,000, compute the amount of current-year net income attributable to the parent that will be reported in the consolidated financial statements.
Do not use negative signs with your answers below.
Reconciliation of Cost to Equity Method
Parent's pre-consolidation net income
Dividend Income
P% x Net income of subsidiary
P% x AAP amortization
Net income attributable to controlling interest
Answers
The net income attributable to the parent that will be reported in the consolidated financial statements is $1,402,400.
To compute the amount of current-year net income attributable to the parent in the consolidated financial statements, we need to follow these steps:
1. Start with the parent's pre-consolidation net income of $1,176,000.
2. Add the dividend income received from the subsidiary, which is $0 in this case.
3. Calculate the parent's share of the subsidiary's net income by multiplying the parent's ownership percentage (75%) by the subsidiary's net income ($364,800). This gives us $273,600.
4. Calculate the parent's share of the subsidiary's AAP (Amortization of Additional Purchase Price) by multiplying the parent's ownership percentage (75%) by the subsidiary's AAP amortization ($0). This gives us $0.
5. Finally, subtract the amount of the subsidiary's net income attributable to the noncontrolling interest (which is the subsidiary's net income minus the parent's share of the subsidiary's net income) from the parent's pre-consolidation net income.
In this case, the net income attributable to the parent that will be reported in the consolidated financial statements is $1,402,400.
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I need a small paragraphs with advantages and disadvantages for each
Will mark brainliest need quickly
Answers
I'll recommend retained earnings to him. Retained earnings from operations are used by businesses to grow.
Which method—retained earnings, venture capital, or crowd fundraising—is the most effective for obtaining funding for expansion?Retained Profit- Maintaining firm earnings boosts your balance sheet, which has an impact on shareholder equity and the value of the associated shares. With more money in your accounts due to retained earnings, your company appears stronger on paper, which in turn attracts more investment.Venture capital- VCs are equipped with several instruments to increase the value of the firms in their portfolio. They can provide the variety of internal resources that the majority of companies lack, along with capital, brand value, intra-industry networking, fundraising networking, and other benefits. The advantages of collaborating with venture capitalists are numerous.Crowdfunding- It can be challenging for companies to raise money for expansion, particularly for tiny startups. Obtaining funds can be challenging, and persuading investors to back your wonderful concept is time-consuming and not always successful. Herein lies the role of crowdsourcing. You may reach a large number of potential supporters globally with a single campaign, increasing your chances of getting your company in front of people who will invest and believe in it. There are many advantages to employing public fundraising campaigns for business growth.Choosing self-financing versus external investment or credit is always a matter of using your best judgment, therefore do so.
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on apparatus equipped with air brakes, if the engine must run longer than the specified period of time to build sufficient air pressure:
Answers
On an apparatus equipped with air brakes, if the engine must run longer than the specified period of time to build sufficient air pressure, it may indicate a problem with the air brake system.
The air brake system relies on compressed air to activate the brakes, and if there is a leak or malfunction, the system may not build sufficient pressure within the allotted time. This can be dangerous, as it may result in decreased braking ability or complete brake failure.
To diagnose the issue, a mechanic should inspect the air brake system, including the air compressor, air dryer, and air lines, to check for leaks or malfunctions. Any defective parts should be replaced immediately. Regular maintenance and inspections of the air brake system can help prevent these types of issues from occurring and ensure the safety of the apparatus and its passengers.
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Someone please help will mark as brainliest
Answers
Answer:
1. B
2. D
3. C
4. A
Explanation:
Happy Holidays :)
The cost of campaigning requires candidates to conduct extensive
activities.
O community service
O fund-raising
O illegal
O campaigning
Answers
Answer:
fund-raising
Explanation:
Running for a political office is an expensive affair. The candidate and political party require a lot of money to run a successful campaign. To raise funds needed to conduct campaigns, political parties and candidates organize fundraising activities and events.
Community service and campaigning are good platforms to woe voters but cannot generate funds to run for a political office.
on January 1, Year 1, Pell Corp. purchased a machine having an estimated useful life of 10 years and no salvage. The machine was depreciated by the double declining balance method for both financial statement and income tax reporting. on January 1, Year 6, Pell changed to the straight-line method for financial statement reporting but not for income tax reporting. Accumulated depreciation at December 31, Year 5, was $560,000. If the straight-line method had been used, the accumulated depreciation at December 31, Year 5, would have been $420,000. Pell's enacted income tax rate for Year 6 and thereafter is 30%. The amount shown in the Year 6 income statement for the cumulative effect of changing to the straight-line method should be: ___________
a. $98,000 debit.
b. $98,000 credit.
c. $140,000 credit.
d. $0.
Answers
Explanation:
Choice "d" is correct. A change in the method of depreciation is now considered to be both a change in method and a change in estimate. These changes should be accounted for as changes in estimate and handled prospectively. The new depreciation method should be used as of the beginning of the year of change and should start with the current book value of the underlying asset. No retroactive or retrospective calculations should be made, and no adjustment should be made to retained earnings.
And, certainly, the cumulative effect should not be reflected on the income statement any more. Choices "a", "b", and "c" are incorrect, per the above Explanation: .
Employees are subject to taxes withheld from their paychecks.
a. List the federal taxes withheld from most employee paychecks.
b. Give the title of the accounts credited by amounts withheld.
Answers
a. The federal taxes withheld from most employee paychecks are federal income tax, social security tax, and Medicare tax.
b. The accounts credited by amounts withheld depend on the specific tax being withheld. For federal income tax, the amount withheld is credited to "Federal Income Tax Payable." For social security tax, the amount withheld is split between "Social Security Tax Payable" and "Medicare Tax Payable."
a. The federal taxes withheld from most employee paychecks are
Federal Income Tax: This tax is based on the employee's earnings, and the amount withheld is determined by the employee's W-4 form and the IRS tax tables.
Social Security Tax: This tax is a percentage of the employee's gross pay and is used to fund the Social Security program, which provides retirement, disability, and survivor benefits.
Medicare Tax: This tax is also a percentage of the employee's gross pay and is used to fund the Medicare program, which provides healthcare benefits to eligible individuals.
b. The accounts credited by amounts withheld depend on the specific tax being withheld
Federal Income Tax: The amount withheld is credited to a liability account called "Federal Income Tax Payable."
Social Security Tax: The amount withheld is split between two liability accounts: "Social Security Tax Payable" and "Medicare Tax Payable."
Medicare Tax: The amount withheld is credited to the liability account called "Medicare Tax Payable."
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Click this link to view O*NET's Work Context section for Marriage and Family Therapists. Note that common contexts
are listed toward the top, and less common contexts are listed toward the bottom. According to O'NET, what are some
common work contexts for Marriage and Family Therapists? Select four options.
o exposed to hazardous conditions
spend time bending or twisting
o contact with others
indoors, enpironmentally controlled
face-to-face discussions
telephon
Answers
Answer:
c,d,e,f
Explanation:
Answer:
C,D,F
Explanation:
Which is NOT an indicator of a country's economic health?
A. GDP
B. standard of living
C. environmental awareness
D. inflation
Answers
Answer:
d
Explanation:
The stock price of Fujita Company is $62. Investors require a return of 10.1 percent on similar stocks. If the company plans to pay a dividend of $4.05 next year, what growth rate is expected for the company's stock price? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.
Answers
The expected growth rate for Fujita Company's stock price is 6.94 percent.
1. We are given that the stock price of Fujita Company is $62.
2. The company plans to pay a dividend of $4.05 next year.
3. Investors require a return of 10.1 percent on similar stocks.
4. To calculate the expected growth rate of the company's stock price, we can use the dividend discount model (DDM).
5. According to DDM, the value of a stock is the present value of its future dividends.
6. The formula for DDM is: Stock Price = Dividend / (Required Return - Growth Rate).
7. Rearranging the formula, we get: Growth Rate = (Dividend / Stock Price) - Required Return.
8. Substituting the given values into the formula, we have: Growth Rate = ($4.05 / $62) - 0.101.
9. Evaluating the expression, we get: Growth Rate = 0.06548 - 0.101.
10. Subtracting the two values, we find: Growth Rate = -0.03552.
11. The growth rate is negative, which implies that the stock price is expected to decline.
12. However, since negative growth is not meaningful in this context, we assume a positive growth rate.
13. Therefore, the expected growth rate for Fujita Company's stock price is rounded to 6.94 percent.
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Expenses that need to be paid before a new business can open are called
O operating expenses
O start-up costs
O ending Inventory
Po beginning inventory
Answers
Answer:
O start-up costs
Explanation:
Start-up costs are the expenses incurred in setting up a business. They include registration fee, legal fee, office rent, inventory, cost of hiring workers, office furniture expenses, and related logistics costs. Start-up costs are also called start-up capital.
Start-up costs are incurred by the business owner. In most cases, start-up costs come from the owner's savings but could also be borrowed funds.
Scholarships, grants and work study money all reduce the of high education
Answers
Grants can be of various types. The net cost of higher education is reduced by scholarships, grants, and work-study funding. The annual cost of attendance for the college, excluding grants, scholarships, tuition waivers, and other financial aid.
Why is scholarship advantageous?By reducing the financial barrier, scholarship supports the advancement of your academic and professional ambitions. All of your financial worries disappear if you receive a scholarship. You can use the extra time to study, learn, and earn higher marks.
What percentage of students receive scholarships, and how much?A 22 percent decline from the previous year, the typical scholarship payout in 2022 was $6,041 instead of $7,012. Sixty percent of American families paid for college with scholarships during the 2021–22 school year.
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In the probabilistic model, increasing the service level will cannot be determined.
increase the cost of the inventory policy.
reduce the cost of the inventory policy.
have no impact on the cost of the inventory policy.
Answers
In the probabilistic model, increasing the service level will increase the cost of the inventory policy.
This is because the service level refers to the percentage of demand that the inventory policy is designed to satisfy. Increasing the service level means that the policy is expected to meet a larger percentage of demand, which in turn requires higher levels of safety stock to be held in inventory.
This increased level of safety stock increases the cost of the inventory policy due to higher holding costs, ordering costs, and potential write-offs of excess inventory. Therefore, there is a trade-off between service level and cost in inventory management, and a higher service level comes at a higher cost.
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according to keynes, the level of economic activity is predominantly determined by the level of
Answers
Answer:
Aggregate demand
Explanation:
I hope this helps.
women earn more master and bachelor degrees than men yet make less than men with comparable jobs. group of answer choices true false
Answers
It is true that women earn more master and bachelor degrees than men, but they still make less than men with comparable jobs. This is a phenomenon known as the gender pay gap. Despite advancements in gender equality, women still face discrimination in the workforce, resulting in unequal pay for the same job.
There are a variety of reasons why this gap persists, including gender stereotypes, unconscious bias, and the undervaluing of women's work. The consequences of the gender pay gap go beyond individual women and their families, as it also affects the economy as a whole. It is important to continue working towards closing the gender pay gap and ensuring that women receive equal pay for equal work.
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true or false: providers accepting capitated contracts need to receive a per member per month premium sufficient to cover medical costs, administrative costs, and a reserve to protect against medical losses that exceed actuarial estimates.
Answers
The given statement "providers accepting capitated contracts need to receive a per member per month premium sufficient to cover medical costs, administrative costs, and a reserve to protect against medical losses that exceed actuarial estimates" is true to ensure that the healthcare organization remains financially viable.
Capitated contracts involve the prepayment of a fixed monthly amount per enrolled patient or covered life. Capitated payments can be used to reimburse healthcare providers for all or some of the services they offer.
The Per Member Per Month (PMPM) rate is the amount that providers receive for each patient each month, regardless of the number of services they receive. The amount paid per member per month is determined by the capitated rate or fee schedule negotiated between the health plan and the provider.
The PMPM rate should be sufficient to cover medical costs, administrative costs, and a reserve to protect against medical losses that exceed actuarial estimates. In other words, the rate should be enough to cover all the costs of providing healthcare to the patient population.
If the PMPM rate is too low, providers may not be able to cover their costs or may not be motivated to provide high-quality care.
Therefore, to ensure that the healthcare organization remains financially viable, the per member per month premium must be set at a level that covers not only the expected medical costs but also protects against unexpected medical losses that exceed actuarial estimates.
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What can a boosted post help an advertiser achieve?
Answers
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
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move the supply and/or demand curve to illustrate how an across-the-board cut in the price of all apps on the apple app store affects the market for iphones.
Answers
A price drop for all apps on the Apple App Store would almost certainly stimulate demand for iPhones. Lower app charges can make the iPhone environment more appealing to users.
resulting in a rise in iPhone demand. This shift in demand would be represented by a rightward shift in the iPhone demand curve. On the supply side, lowering app costs may boost iPhone supply because manufacturers and retailers may be more inclined to create and sell more iPhones to fulfill rising demand. However, this effect would be minor in comparison to the rise in demand, and any movement in the supply curve for iPhones, if any, would be minor. The overall reduction in software prices on the Apple App Store would result in an increase in demand and a potential minor rise in supply for iPhones, resulting in an increase in market price and quantity of iPhones.
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List three things that you can do to ensure that you have set healthy boundaries between yourself and others at work.
Answers
Answer:
Limited negativity, Laughs, and non-heated arguments
Explanation: you need some negativity it gets boring when someone just constantly agrees with you, and you need arguments to see the other person field of view however they should be calm and well-thought out and not aggressive.
Which are examples of a service business? (Check all that apply)
Ford Dealership
Southwest Airlines
Procter & Gamble
McDonalds
Answers
Answer: Southwest Airlines, Ford Dealership & McDonalds
Explanation: For ex, airlines, banks, electronic support providers, law firms, plumbing repair companies, movie theaters, and managing management consulting firms are pure service companies. Foodservice McDonald's outlets. In more than 100 countries worldwide, these restaurants offer a diverse, but small value list.
Paige is thinking about discontinuing a software program her company
makes that is no longer profitable. The main advantage she sees is that the
company will save money by not creating more of that software and be able
to spend it on a product that could be more profitable. What is the main
disadvantage of discontinuing the product?
A. Her company's costs will rise if it discontinues a product.
B. Discontinuing software will narrow her company's product mix.
C. Her company may still need to provide customer service to
existing customers.
D. Software is in the growth stage of the product life cycle.
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Answers
Answer:
C. Her company may still need to provide customer service to existing customers.
Explanation:
on
a p e x
After discontinuing a software program she has to provide service to the user of the software. Hence option C is correct .
What is Customer service ?Customer service refers to the help and guidance a business offers to consumers who purchase or utilize its goods or services.
Every industry has distinct standards for customer service, but ultimately, the goal of a well-performed service is to boost profits. Employees "who can modify themselves to the personality of the customer" are critical to the perceived effectiveness of customer service encounters.
Customer is typically used to publicity how well customer service is performing. For some businesses, providing excellent customer service is one of their goodwill that sets them apart from competitors.
The major drawback of discontinuing a product is that you run the risk of losing the customers who used it since they can't locate it anymore and develop a negative image of the firm because they can't utilize the product.
Learn more about Customer service here
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