Which basis of accounting is used by Enterprise ?Funds cash basis O budgetary basis o modified accrual. O full accrual. O
Answers
The modified accrual basis of accounting is used by Enterprise Funds.
In governmental accounting, there are three bases of accounting: the cash basis, the modified accrual basis, and the full accrual basis. The basis of accounting used by Enterprise Funds is the modified accrual basis
The modified accrual basis of accounting is an accounting method that combines elements of the accrual basis of accounting and the cash basis of accounting. The modified accrual basis of accounting is used in governmental accounting, and it is used to record transactions that affect a government's current financial position and its available financial resources.
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Related Questions
How did workers respond to poor working conditions?
Answers
Throughout history, workers have responded to poor working conditions in various ways. One common response has been to form unions and engage in collective bargaining with employers to demand better pay, benefits, and working conditions.
Unions have often used strikes and other forms of direct action to pressure employers to make concessions. In some cases, workers have also turned to government intervention, either through the legislative process or through the courts, to improve working conditions. This has led to the development of labor laws and regulations that set minimum standards for things like hours, wages, and workplace safety. Individual workers have also responded to poor working conditions by seeking out other employment opportunities, either with other employers or in other industries altogether. Some workers have also engaged in acts of sabotage or other forms of direct action to protest poor working conditions, although these methods are generally less effective than collective action. Overall, the response of workers to poor working conditions has been varied and complex, and has evolved over time as the balance of power between employers and employees has shifted.
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fill in the blank. under a managed float exchange rate system, the fed may attempt to stimulate the u.s. economy by___the dollar. such an adjustment in the dollar's value should the u.s. demand for products produced by major foreign countries.
Answers
Under a managed float exchange rate system, the Fed may attempt to stimulate the U.S. economy by adjusting the dollar's value. Such an adjustment in the dollar's value should increase the U.S. demand for products produced by major foreign countries.
A managed float exchange rate system is an exchange rate system in which the currency exchange rate is allowed to float but is monitored and adjusted as necessary by central banks. It is a flexible exchange rate system that is managed and supervised by a central bank or government.The U.S. economy can be stimulated by the Fed in a managed float exchange rate system by adjusting the dollar's value. The Fed may attempt to increase or decrease the value of the dollar in order to affect the balance of trade, domestic production, and other factors that influence the U.S. economy.Adjusting the value of the dollar could increase the demand for products produced by major foreign countries. When the dollar is worth more, it is more expensive for foreign countries to buy U.S. products, and it is less expensive for the U.S. to buy products from other countries. When the dollar is worth less, it is less expensive for foreign countries to buy U.S. products, and it is more expensive for the U.S. to buy products from other countries.Learn more about U.S. economy: https://brainly.com/question/1106682
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What is the integral part of research?
Answers
Ethics is considered to be an integral part of research from the beginning to the end.
Research is considered to be very critical to societal development. As the research is conducted to study and then generate knowledge, provide useful information, and help the decision-making, among others.
However, ethics are considered to be an important part of the research. Thus, there are several reasons that why it is important in order to adhere to ethical norms. First, the norms tend to promote the aims of research. Research methods are specific procedures to collect and analyze data.
Hence, it also promotes knowledge, truth, and avoids any error.
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When business thinkers are mentally flexible, they possesses the ability to
Answers
When business thinkers are mentally flexible, they possess the ability to adapt to changing situations, think creatively, and approach problems from multiple angles.
Mental flexibility enables business thinkers to be open-minded and willing to consider new ideas, even if they may challenge their current beliefs or strategies. They are able to see situations from different perspectives and recognize potential solutions that may have been overlooked otherwise. This is particularly important in today's fast-paced business environment, where new technologies, market shifts.
In addition, mental flexibility allows business thinkers to communicate effectively with different stakeholders, including employees, customers, and investors. They are able to adjust their messaging and approach based on the needs and preferences of each group, which can help build stronger relationships and drive better outcomes.
Overall, being mentally flexible is a key trait for business thinkers who want to stay ahead of the curve and succeed in today's dynamic marketplace. It allows them to embrace change, take calculated risks, and continuously improve their strategies and processes.
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The title of this talk is “Profit’s Not Always the Point.” But do you think profit is an added perk for companies that make the effort to promote positive social change? Explain.
Answers
Explanation:
The title of this talk is “Profit's Not Always the Point.” But do you think profit is an added perk for companies that make the effort to promote positive social change? Explain. Yes, if you can promote social change and make money it is great. Their doing what they said they would and making money.The title of this talk is “Profit’s Not Always the Point.” Yes, I think profit is an added perk for companies that make the effort to promote positive social change.
What is profit?A profit is the positive amount that is left after subtracting expenses incurred from the revenues that is generated over a particular period of time. The main aim of a business is profit maximization and so is closely every time watched by investors and lenders.
The more the business earns profit the more that profit will be utilized in the growth and development of a business. A loss making firm gets shut down easily in the market.
The companies that promote social change, for them profit is an added perk. They make the effort to promote positive social change.
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3. ______ are defined as goods or services that are required for health and safety.
Answers
Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.
What is the safety of goods?A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.
Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.
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the process of coordinating the promotion mix elements and synchronizing promotion as a unified effort is known as multiple
Answers
communications for integrated marketing and Multiple promotion is the process of integrating the elements of the promotion mix and synchronizing promotion as a coordinated effort.
Why Sales promotion is essential?This is justified since it entails the intentional integration of items from the promotion mix, such as;
publicizing sales initiatives
PR, direct marketing, and personal selling
By doing this, a business decides what to say, how to say it, who to say it to, how to reach them, and how frequently to communicate about its products and services.
This is a comprehensive strategy for communicating product promotion to customers in marketing.
Used to create seamless consumer experiences in both offline and online environments.
Applicable to direct marketing, mass marketing, and one-to-one marketing
It includes sales promotion, public relations, and advertising.
This is done to draw clients and increase sales.
This can reach a lot of clients through a variety of channels.
It can draw all kinds of clients.
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The Discount Rate is equal to 1% and the Fed Funds Rate is equal to .5%
At what rate would banks be able to borrow from each other's reserve balances?
Answers
The Discount Rate is the interest rate that the Federal Reserve charges banks to borrow funds on a short-term basis. It is typically set higher than the FFR as a tool for controlling monetary policy.
However, since the given Discount Rate of 1% is higher than the FFR of 0.5%, it is unlikely that banks would borrow from the Discount Window. Instead, they would prefer to borrow from each other's reserve balances at the lower FFR rate of 0.5%.
Therefore, the rate at which banks would be able to borrow from each other's reserve balances in the given scenario is 0.5%.
Marta is twenty eight years old, and she has no dependents. She has saved an emergency fund and an extra $1,500.
She would like to save or invest this money in hopes that it will grow fast. Marta does not mind taking risks with her
money. Which type of account or investment is best for her?
fifteen-year savings bond
IDA
mutual fund
basic savings account earning 1.3 percent Interest, compounded monthly
Answers
Answer:
Mutual Fund
Explanation:
Mutual fund is a type of investment where professionals managed a pooled sum money contributed by different investors. These funds are invested into buying stocks , bonds other securities towards profit making.
It has its advantages in professional management , shared risks, dividends reinvestment and convenience. However , the disadvantages include poor trade execution ,potential for management bias and high fees.
Answer:
The correct answer would be a basic savings account earning 1.3% interest, compounded monthly.
Explanation:
Taking into account that Marta does not like taking risks with her money and does not have an emergency fund she should not invest in stocks. She also wishes to use her money within 18 months, so a fifteen-year savings bond would not be a great choice.
A mutual fund is a collection of money from a group of investors to buy different investments. This choice will also not work well for Marta.
An IDA is an individual development account for low-income families to save towards a targeted amount usually used for building assets in the form of home ownership, post-secondary education and small business ownership. Not a great account for a single person with no dependants.
$1,500 at 1.3% interest, compounded monthly after 18 months equals about $1,520. Even though Marta won't be earning a huge amount of money, she will still earn some. Since she doesn't have an emergency fund and doesn't like risks, a basic savings account earning 1.3% interest, compounded monthly will be the right choice for her.
the amount of common stock held in short positions is referred to as the short: multiple choice margin. shares. proceeds. sale. interest.
Answers
The amount of common stock held in short positions is referred to as the short interest (D). Short interest refers to the number of shares of a particular stock that have been sold short by investors but have not yet been covered or closed out.
Short interest is the number of shares of a particular stock that have been sold short by investors but have not yet been covered or closed out. It is an indicator of market sentiment, as it shows the level of skepticism or bearishness among investors regarding a particular stock. A high short interest can suggest that many investors believe the stock's price will decline, while a low short interest can indicate that investors are more bullish on the stock.
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Short answer question. Discuss how a firm’s demand for labor and
the wage rate might change if the market were to become
imperfect.
Answers
In an imperfect labor market, the firm's demand for labor may be influenced by factors such as reduced competition and increased bargaining power. Wage rates can be affected by artificial manipulation or increased bargaining power of firms or workers.
In an imperfect labor market, where there is limited competition and barriers to entry, the firm's demand for labor and the wage rate can be affected in several ways. Firstly, in an imperfect market, the firm may have more control over setting wages, leading to potential wage suppression or manipulation.
This could result in lower wages than what would prevail in a competitive market. Secondly, if the labor market becomes monopolistic or oligopolistic, firms may collude to restrict the supply of labor and keep wages artificially low.
On the other hand, if the market becomes monopolistic or dominated by a few firms, they may have greater bargaining power and can demand higher wages from the firms. In summary, an imperfect labor market can lead to distorted labor demand and wage rates, benefiting either the firms or the workers depending on the specific market conditions.
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Which type of traditional media can potentially reach a larger audience than print media, but is more expensive than newspapers and magazines and can be complicated to produce?
Answers
Answer:
Ad industry
Explanation:
The Ad industry in one such type of a traditional media who have a large audience than the other traditional media like the print media. But unfortunately, the ad media is much more expensive or costly when compared to print media such as magazines and newspapers and it is also complicated to produce.
Which of the following statements would be considered pros of globalization?
Increased competition between countries
Increased immigration of unskilled workers
Increased public funding for education and immigration of those citizens with education
Increased consumption of wide variety of goods leading to increased production
Answers
Answer:
increased consumption of wide variety of goods leading to increased production.
Explanation:
im sorry if i get it wrong
If average household income increases by 50%, from $40,000 to $60,000 per year, the quantity of rooms demanded at the Triple Sevens from rooms per night to rooms per night. Therefore, the income elasticity of demand is , meaning that hotel rooms at the Triple Sevens are . If the price of a room at the Exhilaration were to decrease by 20%, from $200 to $160, while all other demand factors remain at their initial values, the quantity of rooms demanded at the Triple Sevens from rooms per night to rooms per night. Because the cross-price elasticity of demand is , hotel rooms at the Triple Sevens and hotel rooms at the Exhilaration are . Triple Sevens is debating decreasing the price of its rooms to $175 per night. Under the initial demand conditions, you can see that this would cause its total revenue to . Decreasing the price will always have this effect on revenue when Triple Sevens is operating on the portion of its demand curve.
Answers
Answer:
The numbers are missing, so I looked for similar questions:
If average household income increases by 50%, from $40,000 to $60,000 per year, the quantity of rooms demanded at the Triple Sevens from 250 rooms per night to 400 rooms per night. Therefore, the income elasticity of demand is , meaning that hotel rooms at the Triple Sevens are .
income elasticity of demand = % change in quantity demanded / % change in income
income elasticity of demand = 60% / 50% = 1.2, since it is positive, then they are normal goods. Since EAD is higher than 1, then it is considered a luxury good.
If IED is negative, that means that a good is an inferior good, since the more you earn, the less you consume.
If the price of a room at the Exhilaration were to decrease by 20%, from $200 to $160, while all other demand factors remain at their initial values, the quantity of rooms demanded at the Triple Sevens from 300 rooms per night to 200 rooms per night. Because the cross-price elasticity of demand is , hotel rooms at the Triple Sevens and hotel rooms at the Exhilaration are .
Cross price elasticity of demand = % change in quantity demanded of Triple Sevens hotel rooms / % change in price of Exhilaration hotel rooms
Cross price elasticity of demand = -33.33 / -20% = 1.665
Triple Sevens hotel and Exhilaration hotel are substitutes since their cross price elasticity is positive.
Triple Sevens is debating decreasing the price of its rooms to $175 per night (from $200). Under the initial demand conditions, you can see that this would cause its total revenue to . Decreasing the price will always have this effect on revenue when Triple Sevens is operating on the portion of its demand curve.
original revenue before change in price = $200 x 250 rooms = $50,000
revenue after decreasing price = $175 x (250 x 1.2 x 1.125) = $175 x 337.5 rooms = $59,062.50
total revenue will increase by $9,062.50, this happens because Triple Sevens hotel is operating on the elastic portion of the demand curve.
Which statement is true about certificates of deposit?
true
OA. They are drafts issued by a bank.
OB. They are a bank's promise to pay a sum of money.
OC. They reach maturity in a few days.
OD. They are generally cashed early without penalties.
Answers
Certificates of deposit:They are a bank's promise to pay a sum of money.Option B
What are certificates of deposit?Generally, A certificate of deposit (CD) is a financial product offered by banks and credit unions that provides a fixed rate of return on funds deposited for a fixed period of time.
CDs are considered to be a low-risk investment because they are insured by the Federal Deposit Insurance Corporation (FDIC) for banks or the National Credit Union Administration (NCUA) for credit unions, up to $250,000 per depositor.
CDs typically have higher interest rates than savings accounts or money market accounts, but they also have stricter withdrawal terms.
Investors can't access their funds until the CD reaches maturity, and they may incur a penalty if they withdraw the funds before the CD matures.
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Two siblings want to pool their inheritance money to make a joint investment. They are young and willing to accept moderate to high risk over many years. Which combination of investment options suits their needs?.
Answers
In the event that two siblings desire to combine their inheritance funds to establish a joint investment. They are youthful and prepared to take on moderate to high risk over a long period of time. Mutual funds and stocks are the mixes of investment alternatives that best meet their demands.
Stocks represent shares in individual companies while mutual funds can include hundreds or even thousands of stocks, bonds, or other assets. Mutual funds and stocks can be defined as the investment a person engages and this investment has to do with buying stocks, and assets among others.
Based on the given scenario Mutual funds and stocks are the investment options that will best suit the two siblings' needs since they want to make a joint investment.
Stocks and mutual funds are the combinations of investment options that best meet their needs.
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Answer:
mutual funds
Explanation:
In this assignment, you'll use a word processor to create a newsletter based on the following scenario: Suppose that you are a secretary at a high school. You need to provide the students with information about upcoming events and a reminder about the cell-phone policy. The cell-phone policy states that all cell phones need to be turned off while on the school campus until dismissal time. After the dismissal bell, phones may be turned on and used. The events that should be in the newsletter include a dance, chess tournament, community garden, basketball game, and fundraiser.
Answers
A high school secretary is under obligation to convey the students regarding the rules and regulations as well as the upcoming events that are about to take place in a high-school through a newsletter.
What is a newsletter?A bulletin of information, which is circulated among the members of an organization and any such person who has substantial interest in such information, is regarded as a newsletter.
A newsletter is attached in the form of an image with this part for the purpose of reference.
Hence, a newsletter that is required to be circulated by the high-school secretary will be in the form of the image being attached.
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you were visiting your grandpa and you happened to find $5000 stashed in an old shoe box. he told you that he had been saving this money for over 20 years. a. explain to him other options he has.
b. explain and demonstrate the principles of compounding interest.
Answers
Answer:
(only a) the best option would be investing in stocks
Explanation:
Who did the Lakers beat today?
Answers
Answer:
nobody cuz they suc
Explanation:
Answer:
THE LAKERS BEAT TRUMP BECAUSE TRUMP IS A LOSER
Explanation:
What did National Federation of Independent Business v Sebelius do?
Answers
Due to the fact that Congress cannot use this authority to make someone purchase health insurance, the Court found that the individual mandate is invalid under the Commerce Clause.
In what sense is authority?
control, judgement, or the right to forbid another person from acting. a position that possesses this kind of authority, such as that held by the government, the police, or another similar organisation (often plural) (often in the phrase in authority).
A manager and his employees are an example. Directly in charge of them, he has the authority to direct their actions and delegate decision-making to them. For an organisation to be effective, he must be able to motivate the members to meet the objectives that have been set for them.
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The Engel Curve for a good is derived by which of the following? Tracing the optimal allocation as the good's price changes Tracing the optimal allocation as income changes Tracing the optimal allocation as either income or price changes Any of the above None of the above
Answers
The Engel Curve for a good is derived by tracing the optimal allocation as income changes.
The Engel Curve shows the relationship between the quantity of a good consumed and the level of income. It illustrates how the demand for a particular good varies with changes in income while holding other factors constant, such as prices.
By tracing the optimal allocation of the good as income changes, economists can observe how individuals adjust their consumption patterns in response to changes in their income levels. As income increases, individuals may choose to allocate more of their budget towards certain goods, resulting in an upward shift in the Engel Curve. Conversely, as income decreases, individuals may allocate less of their budget towards certain goods, leading to a downward shift in the Engel Curve.
The Engel Curve provides insights into the income elasticity of demand for a good and helps economists understand how changes in income affect consumer behavior and consumption patterns. By examining the relationship between income and the quantity consumed, economists can gain valuable insights into consumer preferences and the income sensitivity of different goods
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What did the large medical bill of $55,543 cover? What are three examples of health care expenses after surgery for appendicitis?
Answers
The large medical bill of $55,543 covered the surgery for appendicitis and the treatments received.
How does health insurance operate?A health insurance plan or policy pays a portion of the costs associated with hospital stays and doctor appointments. It exists to assist with reducing the expenses of medical occurrences, whether they are anticipated or unanticipated.
Depending on your age and income, the insurance provider will decide how much you will pay for your health insurance premium. In order to maintain your health and treat illnesses and accidents, health insurance is necessary. Having health insurance shields you and your family from financial hardships, which is only one of its many advantages.
Three examples of healthcare expenses after the surgery for appendicitis are the surgeon fees, the check-up cost, and the cost of hospital stay.
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lucy has asked her staff to think of an ways for the company to gain a competitive advantage in social media. despite staff complaints, lucy feels the need to take action and has encouraged staff members to make social media a high priority in development before another company takes the advantage. how is mary overcoming resistance with her staff?
Answers
Mary overcoming resistance with her staff by creating urgency.
How to overcome resistance in business?
Overcoming Resistance to Change in Business: When considering change inside a company, you may find that even the majority of dedicated and hardworking people will develop some level of resistance. To overcome this opposition, you need anticipate, plan, and employ proactive methods and tactics.
At the same time, you must reassure staff that, while things may be changing, you remain dedicated to the overall results. This form of reassurance may persuade employees to accept a new organisational shift and programme far more easily than in the past.
One of the most effective ways to overcome employee opposition to change is to simply talk to everyone.
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Assess the Situation Imagine that you are a customer service representative for the fictional company, GopherMe (read about it here), an online service that lets users hire local "gophers" to run errands for them.
You are communicating with a customer through the live chat feature on your website. This is your exchange thus far:
You: Hi! Thank you for contacting GopherMe. How can I help you today?
Julie: I want to hire someone to make party favors for my wedding. I've been clicking all over the site though and can't find a task category that matches my project.
You: I'm sorry to hear you're having trouble. Can you give me a little more detail about what you need a gopher to do?
Julie: I need someone who can get my pictures off my phone, print them, cut them into squares, glue them to glass tiles, and glue the tiles to magnets.
You: Neat! That sounds like a fun project. I would be happy to help you get started.
Julie: Okay. Is there someone that can get everything done today, or do I need to start looking into other options?
Summarize the conversation so far. Then explain how you would move forward in the conversation.
Some things to consider are: What do you know about Julie?
What problem is she facing? What can you tell about Julie's current state of mind? What other information do you need to fulfill her request?
Answers
Julie is a potential customer of GopherMe, an online service that lets users hire local "gophers" to run errands for them. She wants to hire someone to make party favors for her wedding, but she can't find a task category that matches her project.
Assuming that Julie's project is not in GopherMe's task categories, I would inform her that we can still provide her with the service she needs. I would then ask for her location to check if there are available Gophers in her area who can do the job for her. If there are, I would inform her of the available Gophers and ask if she wants to book one of them.
If there are none available, I would apologize and suggest other options or alternatives that she can consider. I would also ask her if she has any specific requirements or preferences, such as the budget and the timeline, to help me provide her with better options. Through the conversation, I can tell that Julie is eager to have her project done, but she's also open to exploring other options.
It's also evident that she's looking for a quick turnaround. Therefore, it's essential to manage her expectations and be transparent about the available options and their limitations. Overall, my approach would be to provide Julie with the best possible service by understanding her needs and being responsive to her inquiries.
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A project manager's referent power is described as persuading others based upon giving them something.
true/ false
Answers
False, Adopting clear ground rules that outline appropriate behaviour on the part of project team members can enhance collaboration, efficiency, and communication.
Who are the Potential customer?
A prospect is a common term used to describe a potential customer of a business.
It is a person who may be interested in the goods and services that the business provides but hasn't yet made a purchase. He therefore isn't a client. The term "potential customer" is extremely ambiguous; it could very well refer to someone who is familiar with the business and wants to purchase one of their products, or it could refer to someone who might be intrigued if they share a trait with the majority of the company's clients, such as practising the same profession.
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Q1. In this question, each student is asked to conduct a market survey and provide the following analysis. Critical evaluation of any two products (product name, product specifications, manufacturers details, etc.) of electronic goods or automobile goods and justification of the brand product is the market leader in Oman and discuss what are the marketing strategies
It is required to make a good decision to be a market leader. (Using your analysis with ~400-500 words). Each student must visit the local markets, choose any product (electronic / car / any other consumer products) available in the Omani market, study the product in detail and provide correct information.
Answers
Marketing Strategies for Market Leader in OmanThe marketing strategies for the market leader in Oman depend on several aspects such as effective branding, strong positioning, and efficient customer service. In this essay, we will evaluate two products:
Samsung Galaxy S21 and Apple iPhone 12 and discuss their market positioning.Apple iPhone 12 is considered a market leader because of its brand recognition, innovative features, and premium quality. On the other hand, Samsung Galaxy S21 has emerged as a significant competitor because of its extensive features, affordability, and sleek design.
Critical evaluation of Samsung Galaxy S21:
Samsung Galaxy S21 is the latest smartphone from Samsung that is available in the Omani market.The phone boasts a 6.2-inch dynamic AMOLED display with a resolution of 1080x2400 pixels. The smartphone runs on an Exynos 2100 processor and has 8GB of RAM and 128GB of internal storage. The phone's camera features include a 12-megapixel primary camera, a 12-megapixel ultra-wide lens, and a 64-megapixel telephoto lens. The phone also has a 10-megapixel front camera.The product has many features that are a major selling point for the phone. The sleek design, the impressive camera quality, and the fast processor make it a popular choice among consumers. The product is more affordable than other smartphones in the same category, making it more accessible for people with a lower budget. However, the product has some shortcomings, including the lack of expandable storage and a headphone jack.Critical evaluation of Apple iPhone 12:
Apple iPhone 12 is the latest smartphone from Apple that is available in the Omani market. The phone boasts a 6.1-inch Super Retina XDR display with a resolution of 1170x2532 pixels.The smartphone runs on an A14 Bionic processor and has 4GB of RAM and 64GB of internal storage. The phone's camera features include a 12-megapixel primary camera and a 12-megapixel ultra-wide lens. The phone also has a 12-megapixel front camera.The product has many features that are a major selling point for the phone. The innovative features, such as the ceramic shield display, make it a popular choice among consumers. The product is known for its premium quality and sleek design.
However, the product has some shortcomings, including the lack of expandable storage and the high price.The marketing strategies for Apple and Samsung:
Apple and Samsung have different marketing strategies that have helped them become market leaders.Apple is known for its premium quality products and innovative features. The company has a strong brand image that is recognized globally. The company's marketing strategy focuses on highlighting the product's unique features and design, which makes it stand out from its competitors. The company invests heavily in advertising and promoting its products, which helps to create brand awareness.Samsung's marketing strategy focuses on offering a wide range of products at different price points. The company's products are known for their extensive features and affordability. The company invests heavily in research and development to improve its products continually. The company's marketing strategy is to create products that cater to different segments of the market. The company also invests heavily in advertising and promotions to create brand awareness among consumers. Samsung's strategy has helped the company become a significant competitor in the smartphone industry.In conclusion, both Apple and Samsung have different marketing strategies that have helped them become market leaders. While Apple's marketing strategy focuses on premium quality products and innovative features, Samsung's marketing strategy focuses on offering a wide range of products at different price points. The companies invest heavily in advertising and promoting their products to create brand awareness among consumers. Samsung Galaxy S21 and Apple iPhone 12 are both excellent products with their strengths and weaknesses.
About MarketMarket are the institutions, procedures, social relations and infrastructure where businesses sell goods, services and labor for people in exchange for money. Goods and services sold using legal means of payment such as fiat money. This activity is part of the economy. The market is also one of the 6M principles in entrepreneurship that must be considered. What is meant by the market is the target market or the target consumer itself from the business you are running.
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Question 10 of 20
What is the difference between a market economy and a command
economy?
A. A market economy is determined by central authority and a
command economy is determined by consumers,
B. A market economy is determined by consumers while a command
economy is determined by both consumers and central authority
C. A market economy is determined by both central authority and
consumers while a command economy is determined by only
consumers
D. A market economy is determined by consumers and a command
economy is determined by central authority,
Answers
A map uses a scale of 1 inch = 30 miles. The distance between various cities on the map are given below. Find the actual distance between the cities
Answers
Using the given scale of 1 inch = 30 miles, we can find the actual distances between cities on the map.
Let's assume the distance between City A and City B on the map is 3 inches. Applying the scale, the actual distance between City A and City B would be 3 inches * 30 miles/inch = 90 miles. If the map scale is 1 inch = 30 miles, then each inch on the map represents 30 miles in reality. By multiplying the measured distance on the map by the scale factor, we can calculate the actual distance between cities. For example, if the map distance between two cities is 3 inches, the actual distance between them would be 90 miles.
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Which workplaces are typical for someone working in Marketing, Sales, and Service? Select all that apply,
A factories
B offices
C customer's homes
D home offices
E stores
F warehouses
G La vehicles
H research centers
Answers
The workplaces that are typical for someone working in Marketing, Sales, and Service are:
storesfactorieswarehousesWhy do people work in Marketing, Sales, and Service?Majority work in these section to promote product and sales of goods and service.
Hence, the typical workplaces of someone working in Marketing, Sales, and Service includes stores, factories and warehouses.
Therefore, the Option A, E and F is correct.
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Answer:
A. Factories
E. Stores
F. Warehouses
Explanation:
Commodity brokers use forward and futures contracts for which of the
following reasons?
A. The raw, unprocessed nature of commodities means that there is
always a third party to any commodity-purchase contract.
B. The riskiness of commodity production means that many
commodity producers go bankrupt before harvest time.
C. The seasonal nature of many commodities would lead to wide
variations in supply and price without these contracts.
D. Commodities come from many different countries with very
different currency exchange rates.
Answers
Answer: The seasonal nature of many commodities would lead to wide
variations in supply and price without these contracts.
The correct option is C.
Commodity brokers use forward and futures contracts for the seasonal nature of many commodities would lead to wide variations in supply and price without these contracts.
What does a commodity broker do?
A commodity broker is a firm or an individual who executes orders to buy or sell commodity contracts on behalf of the clients and charges them a commission. A firm or individual who trades for his own account is called a trader. Commodity contracts include futures, options, and similar financial derivatives.
How do commodity brokers make money?Compensation for commodity brokers is often on a commission basis. They receive a percentage of the gross commissions from the trades placed by their customers. Commissions are fees for the execution of buying and selling orders. Some commodity brokers are highly successful.
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