a company that is working to increase customer purchases of its current products in its current market is trying to achieve market

Answers

Answer 1

For a business, market penetration aims to boost customer purchases of its current products in its current market.

Delivering value to customers is marketing's primary goal in luring new clients and retaining old ones. It is accomplished through market penetration. It helps to boost customer purchases. Market penetration is the proportion of a product or service's predicted total market that is actually being used by consumers. The development of tactics used to enhance the market share of a specific good or service can also make use of market penetration. The potential market's size can be estimated using market penetration. If the industry's overall market is sizable, new entrants may be motivated by the possibility of gaining market share or a portion of the sector's total pool of potential customers.

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Related Questions

what is business negotiation

Answers

Answer:

A Business Negotiation is a process between two or more parties (each with its own aims, needs, and viewpoints) seeking to discover a common ground and reach an Agreement to settle a matter of mutual concern, resolve a conflict and exchange value.

Explanation:

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A rational producer optimises the quantity of inputs, when the producer uses up all inputs he/she is able to buy and invest the inputs in production to meet the producer's full capacity. Select one: True False

Answers

A rational producer optimizes the quantity of inputs, when the producer uses up all inputs he/she is able to buy and invest the inputs in production to meet the producer's full capacity.

The given statement is False. Explanation:Optimization is a crucial aspect of running a business. To optimize means to increase efficiency and reduce costs while increasing output. It is the process of making the best use of available resources to generate the most value possible.A rational producer strives to optimize the quantity of inputs they utilize to ensure maximum efficiency in production. When a producer is unable to meet their full capacity because of limited resources, they may invest more money in purchasing additional inputs to meet production capacity. Thus, this statement is false as it states that a producer is able to buy and invest the inputs in production to meet the producer's full capacity.

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The ________ helps define the overall structure of the Internet.
A) IAB
B) IESG
C) W3C
D) ITU

Answers

(Option A) IAB. The Internet Architecture Board (IAB) helps define the overall structure of the Internet.

It is a committee of the Internet Engineering Task Force (IETF) and provides guidance and advice on technical and policy issues related to the development and evolution of the Internet. The IAB plays a key role in ensuring the stability and interoperability of the Internet by defining and promoting standards for Internet protocols and architectures. It works closely with other organizations such as the Internet Assigned Numbers Authority (IANA) and the Internet Corporation for Assigned Names and Numbers (ICANN) to ensure that the Internet operates smoothly and efficiently.

The IAB is responsible for developing and maintaining the Internet protocol suite, which includes protocols such as TCP/IP, DNS, and HTTP. It also provides guidance on security and privacy issues related to the Internet, as well as on emerging technologies such as the Internet of Things (IoT) and 5G networks. Overall, the IAB plays a critical role in ensuring that the Internet remains an open, accessible, and reliable platform for communication and innovation.

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Dandee Lions, Inc. Has a cash balance of $105,000; accounts payable of $290,000; inventory of $213,000; accounts receivable of $310,000; notes payable of $95,000; and accrued wages and taxes of $65,000. How much net working capital does the firm need to fund?

Answers

Answer:

The answer is $758,000.

Explanation:

Net working capital is total current asset minus total current liability i.e total current asset - total current liability

Total current assets equals($918,000) $105,000 +$290,000 + $213,000 + $310,000.

Total current liabilities equal($160,000) $95,000 +$65,000

Therefore, net working capital is:

$918,000 - $160,000

= $758,000

Bank Balance Sheet
Assets
Liabilities & Net Worth
Reserves
$ 10,000
Deposits
$100,000
Loans
100,000
Debt
20,000
Securities
40,000
Equity
30,000
Reference: Ref 4-1
(Table: Bank Balance Sheet) Based on the table, what is the leverage ratio at the bank?
Answers:
A. 4.67
B. 3
C. 5
D. 10

Answers

the answer is not one of the options provided. The leverage ratio at the bank is 8.33.

The leverage ratio at the bank can be calculated by dividing the total assets by the equity.
Leverage Ratio = Total Assets / Equity
Leverage Ratio = (Reserves + Deposits + Loans + Securities) / Equity
Leverage Ratio = ($10,000 + $100,000 + $100,000 + $40,000) / $30,000
Leverage Ratio = $250,000 / $30,000
Leverage Ratio = 8.33


Total Assets = Reserves + Loans + Securities
Total Assets = $10,000 + $100,000 + $40,000 = $150,000
From the table, Equity is given as $30,000.
Leverage Ratio = $150,000 / $30,000 = 5
Based on the table, the leverage ratio at the bank is 5 (Option C).

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59
C
Which results are more likely for someone without personal finance skills? Select three options.
larger long-term credit or loan costs
less preparation for emergencies
fewer utility expenses
simple long-term investment strategies
increased long-term challenges

Answers

Answer:

A). larger long-term credit or loan costs

B). less preparation for emergencies

E). increased long-term challenges

Explanation:

The outcomes that are likely to occur for someone who doesn't possess the skills associated with personal finance would be 'increased costs of the loan and long-term credits' which may lead to losses, 'little or no preparation for dealing with the emergency situations' that occur in a business, and 'enhanced challenges in long-term' as there is no preparation or knowledge present to overcome the situation. While a person having such skills would be more confident and prepared about the future as he has plans and preparedness in his mind and therefore, he takes decisions thoughtfully and is less probable to undergo any challenges.

How is international employment different from foreign employment? Give your argument with examples.​

Answers

Answer:

Foreign employment is working for a company that is based in another country and you usually only work in one country. International employment is working in multiple countries and often your own home country is one of them

List the five (5) Traits of an Entrepreneur 1. 2. 3. 4. 5.

Answers

Answer:

Passion. For those uninitiated, entrepreneurs are not in it for the money. ...

Resilience. ...

Strong Sense of Self. ...

Flexibility. ...

Vision.

Explanation:

Resolute motivation and passion. The first and foremost quality of a successful entrepreneur is passion. ...

Self-discipline. This is one of the most essential characteristics of a successful entrepreneur. ...

Risk-taking ability. ...

Creative thinking. ...

Persistence.

The Real Estate Settlement Procedures Act states all of the following EXCEPT

Answers

Idonno si maam I D is a good night I give it to him and I give it a go go bye bye hi and then I’ll give it bye to bye

What are some of the ripple effects of food waste

Answers

Answer:

Increased wastage of food can prompt expanded quantities of one, which would then be able to place the second in the chain out of equilibrium. The frameworks in the chain are touchy, and even the littlest changes can have an expanding influence on a biological system, lessening its biodiversity.

Explanation:

which method of quantifying a solution involves calculating savings as a percentage of the original investment? group of answer choices swot analysis cost-benefit analysis value-savings calculation return on investment customer lifetime benefit

Answers

The method of quantifying a solution that involves calculating savings as a percentage of the original investment is called the "value-savings calculation." This method is used to determine the financial benefit of implementing a solution by comparing the cost of implementing it to the savings that result from its implementation.

The value-savings calculation is a type of cost-benefit analysis that focuses on the financial benefits of a solution. It involves identifying the costs associated with implementing a solution, such as the cost of materials, labor, and equipment, and then calculating the savings that result from the solution. The savings are typically calculated as a percentage of the original investment, which provides a measure of the return on investment.

The value-savings calculation is often used in business settings to determine the financial benefit of implementing a particular solution. For example, a company may use this method to determine the financial benefit of implementing a new software system that streamlines its operations. By calculating the savings that result from the system, the company can determine whether the investment is worth making.

In summary, the method of quantifying a solution that involves calculating savings as a percentage of the original investment is called the value-savings calculation. This method is a type of cost-benefit analysis that focuses on the financial benefits of a solution and is often used in business settings to determine the return on investment of a particular solution.

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when a winery opens a tasting room through which it sells its wine to visitors, this represents:
A. Partial integration
B. Backward integration
C. Forward integration
D. Diversification

Answers

When a winery opens a tasting room through which it sells its wine to visitors, this represents forward integration. Option c is correct.

Forward integration is a type of vertical integration that includes the process of acquiring or owning the supply chain activities that lead to the creation and distribution of a firm's products or services.

This type of vertical integration occurs when a company expands its operations to include processing, manufacturing, and/or distribution of a product or service that it already produces.

The main idea behind forward integration is to reduce a company's dependence on other firms in the supply chain for products, services, and distribution. By expanding operations into different areas of the supply chain, a company can gain greater control over the costs, quality, and efficiency of its operations.

So, when a winery opens a tasting room through which it sells its wine to visitors, this represents forward integration, where the winery has expanded its operations into the distribution of its wine.

Therefore, c is correct.

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one problem that the web presents for clothing retailers of all types is that _____.

Answers

One problem that the web presents for clothing retailers of all types is increased competition and the challenge of standing out in a crowded online marketplace.

The web has significantly expanded the reach and accessibility of clothing retailers, allowing customers to easily compare prices, styles, and options from various online stores. This has led to increased competition among clothing retailers, as customers now have a wider range of options to choose from.

With countless online retailers available, it can be challenging for clothing retailers to differentiate themselves and attract customers. They must find unique selling points, such as offering exceptional customer service, providing high-quality products, or showcasing distinctive styles, to stand out from the competition.

The web also enables smaller, niche clothing retailers to reach a global audience, further intensifying the competition.

Furthermore, online shopping removes the physical experience of trying on clothes and feeling the fabric before making a purchase. This can create challenges for clothing retailers as they must find ways to provide accurate product descriptions, detailed sizing information, and reliable customer reviews to help customers make informed decisions.

Overall, the web has increased competition among clothing retailers and presented challenges in terms of differentiating their offerings and providing a satisfying online shopping experience to customers.

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Why might it be disadvantageous to receive a large refund instead of a smaller one?.

Answers

It will be a disadvantage to receive a large refund instead of a smaller one because its look like the taxpayer loaned the U.S. government their money without making interest.

What is a large tax refund?

A large tax refund is received because a taxpayer had more tax withheld from his/her paychecks all year than was necessary to cover what you owe.

What is a small tax refund?

A small tax refund usually occur because the taxpayer have overpaid only by a little amount.

In conclusion, it will be a disadvantage to receive a large refund instead of a smaller one because its look like the taxpayer loaned the U.S. government their money without making interest.

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How does the market system develop methods for analyzing and managing risk?.

Answers

Answer:

Explanation:

By presenting businesses with the economic consequences of their decisions

What was the first American bank?

Answers

The first American bank was the Bank of North America, which opened in 1781. The Bank of North America was the first bank to have been established in the United States and is widely considered to be the first American bank.

It was founded by Alexander Hamilton, the first Secretary of Treasury, and was the first financial institution to be chartered by the Continental Congress. The Bank of North America was created to help the young nation finance the Revolutionary War. It was designed to be a private, for-profit institution that could issue loans, accept deposits, and issue paper money.

The Bank of North America was granted the same privileges as a national bank, including the ability to issue its own paper currency. This was an important step for the new nation, as it enabled it to raise money and fund the war effort.

The Bank of North America also helped to establish a central banking system, which was an important part of the new government’s financial infrastructure.

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A realtor is trying to predict the selling price of houses in Greenville (in thousands of dollars) as a function of size (measured in thousands of square feet) and whether or not there is a fireplace (FP is 0 if there is no fireplace, 1 if there is a fireplace). Part of the regression output is provided below based on a sample of 20 homes. Some of the information has been omitted.


Variable Coefficients Standard Error t-Stat

Intercept 128.93746 2.6205302 49.203

Size 1.2072436 11.439

FP 6.47601954 1.9803612 3.27

a. The estimated coefficient for size is approximately _____.


b. How many predictors (independent variables) were used in the regression?

Answers

Answer:

a. The estimated coefficient for size is approximately 13.81.

b. In the regression, two predictors are used. These two predictors are size and fireplace (FP).

Explanation:

a. The estimated coefficient for size is approximately _____.

Estimated coefficient for size = Standard Error of size * t-Stat of size =  1.2072436 * 11.439 = 13.81

Therefore, the estimated coefficient for size is approximately 13.81.

b. How many predictors (independent variables) were used in the regression?

Independent variables can be described as variables that are changed or manipulated in order to measure the effect of their changes on the dependent variable. Independent variables are therefore also called predictors because they employed to predict the dependent variable.

In the regression, two predictors are used. These two predictors are size and fireplace (FP).

Zappos' saying is "We hope this is the last job you ever have." This demonstrates Zappos' focus on the _____ element in its operations.

Answers

Answer: a. human relations

Explanation:

Zappos saying that they hope their company will be the last company the employees work for is them saying that they hope their employees will find working in Zappos constantly alluring such that they would never want to leave (at least until retirement).

It can therefore be inferred from this that Zappos puts in the necessary effort to retain its employees by focusing on human relations in its operations such that employees fill more motivated and fulfilled at Zappos.

GIVING BRAINLIEST

1a. What is meant by design mix?
(2)
1b. Explain how function has been critical in the development of the CargoRunner.
(4)
1c. Assess how changing the design mix of the rucksack is reflected by social trends.
(10)
Total: 16 marks

GIVING BRAINLIEST1a. What is meant by design mix?(2)1b. Explain how function has been critical in the

Answers

No do it ur self and learn

Which of the following jobs is expected to double in the next few years?
nurse
automobile mechanic
real estate salesperson
computer engineer

Answers

Answer:

real estate salesperson

Computer Engineer

I have to write at least 20 characters to post this.

Economic inflows to a firm that result from selling goods and services are called?

Answers

Economic inflows to a firm that result from selling goods and services are called revenue

Revenue specifies when revenue should be recognized from the sale of goods, the rendering of services, as well as interest, royalties, and dividends. Revenue is calculated at the fair value of the consideration received or receivable and recognized when certain conditions, which vary depending on the nature of the revenue, are met.

Revenue is defined as the gross inflow of economic benefits (cash, receivables, and other assets) resulting from an entity's normal operating activities (such as interest, royalties, and dividends, sales of goods, sales of services)

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The summary section of a business report appears at the bottom of the report.

False

True

Answers

Answer: True




Explanation: Its a repeat of what was discussed

What is the most important reason to put money in a savings account?.

Answers

The significance of saving money is that it allows you to live a more secure life.

What is savings account?A savings account is a deposit account built to handle funds that you do not intend to spend right away. This is not the same as a checking account, which is a transactional account that can be used to write checks or make purchases and ATM withdrawals with a debit card.You go to the bank and open a savings account. The bank will pay you interest on money you deposit and leave in your account. The bank then lends that money to others, charging a slightly higher interest rate than what they pay you for your account.Savings accounts have a significant disadvantage in that they offer low interest rates, resulting in a poor return for you.

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item 7 lillian, a real estate agent, is selling a moderately priced house in a subdivision. she knows from her uncle that the factory being built half a mile from the subdivision will be manufacturing dog food, using a process that creates a very strong odor that permeates the surrounding neighborhood. a buyer, who is unaware of the type of factory under construction, makes an offer on one of the houses lillian is selling, and within a short time, the deal goes through. what does this scenario best illustrate?

Answers

In the given scenario, Lillian, a real estate agent, is selling a moderately priced house in a subdivision. She is aware that a factory manufacturing dog food with a strong odor will be built nearby, but the buyer is unaware of this fact. When the buyer makes an offer, the deal is quickly finalized. This situation best illustrates the concept of "failure to disclose material facts," which can lead to potential legal consequences in real estate transactions.

As a real estate agent, Lillian has a professional and ethical duty to disclose any material facts that could impact the property's value or desirability. In this case, the strong odor from the dog food factory could significantly affect the quality of life for the residents and potentially lower property values in the subdivision. By not disclosing this information to the buyer, Lillian may be breaching her fiduciary duty and could face potential legal ramifications.

In real estate, transparency and honest communication are essential to protect the interests of all parties involved. By not informing the buyer about the factory, Lillian has potentially put the buyer at risk of purchasing a property that may not meet their expectations and could cause future dissatisfaction or financial loss. Therefore, it is crucial for real estate agents to maintain a high level of professionalism and always disclose material facts to ensure a fair and ethical transaction process.

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Which of the following describes a conflict which happens between a supervisor and a subordinate?
O Intrapersonal conflict
Group conflict
O Intergroup conflict
O Interpersonal conflict

Answers

A conflict between a supervisor and a subordinate can be described as  Interpersonal conflict.

What is interpersonal conflict?

Interpersonal conflict refers to conflict whereby there are at least two people involved. This means that interpersonal conflict refer to issues that a person has with another person, or group of people.

When there is a conflict between a supervisor and a subordinate, these are two different people which means that it is therefore an interpersonal conflict. Intrapersonal conflict on the other hand, refers to when a person has a conflict within themselves about how they should take certain decisions.

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_____ is the best reinforcement schedule for rapidly teaching a brand new behavior.

Answers

The best reinforcement schedule for rapidly teaching a brand new behavior is the continuous reinforcement schedule. This schedule involves providing a reinforcement every time the desired behavior occurs. It is highly effective in establishing and strengthening new behaviors quickly.

In a continuous reinforcement schedule, the desired behavior is reinforced consistently and immediately after it is exhibited. This means that every time the individual performs the target behavior, they receive a reward or reinforcement. This schedule is particularly effective for teaching brand new behaviors because it provides clear and immediate feedback, creating a strong association between the behavior and the reward.

Continuous reinforcement helps in establishing the desired behavior quickly because the individual learns that the behavior leads to a positive outcome consistently. This creates a strong motivation to repeat the behavior, as they anticipate receiving the reinforcement each time. The continuous reinforcement schedule is often used in initial stages of behavior acquisition or training, where the focus is on shaping and establishing the behavior before transitioning to other reinforcement schedules, such as intermittent schedules that provide reinforcement only sometimes.

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The best reinforcement schedule for rapidly teaching a brand new behavior is the continuous reinforcement schedule. This schedule involves providing a reinforcement every time the desired behavior occurs. It is highly effective in establishing and strengthening new behaviors quickly.

In a continuous reinforcement schedule, the desired behavior is reinforced consistently and immediately after it is exhibited. This means that every time the individual performs the target behavior, they receive a reward or reinforcement. This schedule is particularly effective for teaching brand new behaviors because it provides clear and immediate feedback, creating a strong association between the behavior and the reward.

Continuous reinforcement helps in establishing the desired behavior quickly because the individual learns that the behavior leads to a positive outcome consistently. This creates a strong motivation to repeat the behavior, as they anticipate receiving the reinforcement each time. The continuous reinforcement schedule is often used in initial stages of behavior acquisition or training, where the focus is on shaping and establishing the behavior before transitioning to other reinforcement schedules, such as intermittent schedules that provide reinforcement only sometimes.

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assume a company is considering adding a new product. the expected cost and revenue data for this product are as follows: annual sales 5,000 units unit selling price $ 60 unit variable costs: production $ 33 selling $ 6 incremental fixed costs per year: production $ 32,000 selling $ 45,000 if the company adds the new product, it expects the contribution margin of other product lines to drop by $15,000 per year. what is the financial advantage (disadvantage) of adding the new product?

Answers

The economic gain (disadvantage) of adding the new product is  = $56.40

total fee

= Variable fee + constant cost + Contribution misplaced

= {[($30.70 + $6) X 5,000] + $35,000 + $45,000 + $18,500} / 5,000

= $fifty six.40

The economic approach refers to or involves cash. The business enterprise is in economic difficulties with the government's financial advisers. Synonyms economic, business, cash, budgeting extra Synonyms of economic.

Finance is the field of dealing with money topics. it's far an important factor for any man or woman or for the corporation. In a commercial enterprise, it's miles a crucial characteristic due to the fact any enterprise desires to make money to continue functioning. This is why it is taken into consideration to be a specialized field that calls for skilled people.

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9. Suppose the principal of a public school re-
quired all students to recite a prayer at the start
of each school day. What level of government
(federal, state, or local) would most likely deter-
mine whether or not the principal's action was
constitutional?

Answers

Answer: Federal government

Explanation:

Based on the scenario in the question, the federal government would most likely determine whether or not the principal's action was constitutional.

This is a national issue and shouldn't be left in the hands of the local or state government. It should be noted that in 1962, school sponsored prayer in the public schools was banned by the United States Supreme Court, on the basis that the First Amendment was being violated.

The court later ruled that students can meet and then pray on their respective school grounds so far it's done privately and no one is forced.

Hence, the federal government would most likely determine whether or not the principal's action was constitutional.

T/F A salesperson can learn how the entire marketplace uses his or her company's products more quickly than if he or she had to focus on only one line of business.

Answers

The statement that 'a salesperson can learn how the entire marketplace uses his or her company's products more quickly than if he or she had to focus on only one line of business' is false as by focusing on one line of business, the salesperson can only understand one market segment but understanding the entire marketplace would not be quick.

A salesperson cannot learn how the entire marketplace uses his or her company's products more quickly than if he or she had to focus on only one line of business. By focusing on only one line of business, a salesperson can gain a deeper understanding of the specific needs and preferences of customers within that market segment.

This can allow the salesperson to better tailor their sales approach and offer more targeted solutions to customers. In contrast, trying to learn about the entire marketplace at once can be overwhelming and may result in a less thorough understanding of customer needs.

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157. How should a System Administrator configure a report for each sales rep to see their own Open Opportunities

Answers

Complete Question:

How should a System Administrator configure a report for each sales rep to see their own Open Opportunities?

Group of answer choices.

A. Create a report filtered by "My Opportunities".

B. Create a Summary report grouped by Sales Rep.

C. Create a report schedule for each Sales Rep.

D. Create a separate report for each Sales Rep.

Answer:

B. Create a Summary report grouped by Sales Rep.

Explanation:

Database management system (DBMS) can be defined as a collection of software applications that typically enables computer users to create, store, modify, retrieve and manage data or informations in a database. Generally, it allows computer users to efficiently retrieve and manage their data with an appropriate level of security.

To configure a report for each sales rep to see their own Open Opportunities, a system administrator should create a Summary report grouped by Sales Rep.

This ultimately implies that, the system administrator should use a Summary report that are grouped or categorized by identifiers such as the function (parameter), "Sales Rep" in order to allow each sales representative to see their Open Opportunities respectively.

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