The ways in which the marketing of services presents different challenges to the marketing of goods is the Intangibility.
What is the Intangibility in this context?It should be noted that intangible product can not be felt like other which do pose challenges when marketing.
Products that a business sells that are not physical in nature are referred to as intangible goods. Most frequently, digital goods like software and licenses are the most well-liked. Intangibles are nonetheless incredibly valuable even though they are not physical products, even though it is a little trickier to sell their value.
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Which of the following is NOT a fixed expense?
Answer:
?????????????????
Explanation:
Fixed expenses are costs that do not change from month to month and do not change according to the needs. So, Groceries are not a fixed expense. Option D. is correct.
Groceries are a variable expense, as the amount spent on groceries can vary depending on dietary needs, shopping habits, and other factors. So, groceries can vary according to needs because Variable expense is a cost that varies depending on usage.
While the other options Car payment, Insurance premiums, and Gym membership are included in fixed expenses.
Therefore, the correct option is D.
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This is an incomplete question, probably the complete question is:
Which of the following is NOT a fixed expense?
A. Car payment
B. Insurance premiums
C. Gym membership
D. Groceries.
When Heinz introduced its ketchup globally, it first had to deal with the fact ketchup is not a household staple outside the United States. Heinz had to show foreign users how ketchup can be used. Globally, Heinz has had to rely primarily on _____ advertising to convince consumers to want the product.
Answer:
informative advertising :)
Explanation:
Heinz had to "inform" its customers about ketchup and how it's used
Identify and analyze 2 major changes within a Johnson & Johnson
What type of change was it? Business model change? (how the firm conducts business/makes money) Or organisational system change? (how the people in the firm are configured to support the business model) see fig. 8.2
Scope – what was included in the change? Broad or narrow?
Pace – speed of steps taken. Did managers move quickly in a short period of time? Or more gradually over a longer time span?
Timing – Was change constant? Or intermittent? i.e. was there a wait for the right time/a time determined to launch a new initiative
Magnitude – size of the change. Did managers move in bold dramatic strides or in moderate undramatic ones?
Effect/impact – effect on company performance, share price, organisational structure etc
Amplitude – High or low? The amplitude of change is high when the new business model, organizational culture, structure, processes or people are a radical departure from the previous situation. The amplitude of change is low when the step proposed is a moderate adjustment to the previous circumstances.
Johnson & Johnson underwent some significant changes that affected their organizational system. These changes included the decentralization of the firm's operational structure, as well as the establishment of a global business service center.
Decentralization of the company’s operational structure. As part of the change, Johnson & Johnson decentralized its operations structure, which gave the company more freedom to make decisions on how to manage their regional businesses. This change was broad in scope because it involved the majority of the firm's operations around the world. This change was implemented gradually over a more extended period to ensure that it was smoothly integrated into the company’s system.
Establishment of a global business service center Johnson & Johnson also established a global business service center to manage their back-office operations, such as information technology, finance, and human resources. This change had a low amplitude as the step proposed was a moderate adjustment to the previous circumstances. It was also implemented gradually over a more extended period to ensure that it was smoothly integrated into the company’s system. This change had a positive impact on the company's performance as it reduced operational costs and increased efficiency.
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You have $100,000 to donate to your college. You want to endow a perpetual scholarship that makes its first payment in 1 year. If the college's discount rate is 5%, how large will the annual scholarship payment be?
Answer:
$5,000
Explanation:
Calculation for how large will the annual scholarship payment be
Using this formula
Cash Flow= Present Value x Rate
Where,
Present Value =$100,000
Rate=5%
Let plug in the formula
Cash Flow=$100,000*5%
Cash Flow=$5,000
Therefore how large will the annual scholarship payment be is $5,000.
Personal possession of currency is prohibited in U.S. prisons, although, in practice, prisoners still exchange goods and services. Until 2003, the year in which the U.S. government banned smoking in federal penitentiaries, cigarettes were the preferred medium of exchange among prisoners. One important difference between using cigarettes and using dollars as money is that have intrinsic value. Cigarettes are an example of money Identify whether each of the following examples belongs in Mi or M2. If an example belongs in both, be sure to check both boxes. M1 M2 Example Dmitri has $1,200 in a checking account. O O Latasha has $7,000 in a two-year certificate of deposit (CD). 0 Jake has $25,000 in a money market account. Grade ade It Now Save & Continue Continue without saving
Dmitri's $1,200 in a checking account belongs in M1.
Latasha's $7,000 in a two-year CD and Jake's $25,000 in a money market account belong in M2.
M1 includes the most liquid forms of money, such as currency and demand deposits (checking accounts). Since Dmitri's $1,200 is in a checking account, it belongs in M1.
M2 includes M1 plus less liquid forms of money, such as savings deposits, money market accounts, and certificates of deposit. Latasha's $7,000 in a two-year CD and Jake's $25,000 in a money market account are examples of less liquid forms of money that belong in M2.
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Executives at Mutual of Omaha would consider which of the following a "Value for Success"?
A) focus on profits
B) focus on hierarchy
C) focus on order
D) focus on customers
E) focus on sales
Based on Mutual of Omaha's values and mission statement, executives at the company would consider "focus on customers" a "Value for Success."
Mutual of Omaha is a mutual insurance company that provides a range of insurance and financial products to its customers. The company's mission statement emphasizes its commitment to "helping customers protect what they care about and achieve their financial goals," and its values include integrity, excellence, accountability, and respect for customers.
By focusing on customers, Mutual of Omaha aims to build strong relationships with its policyholders and provide them with high-quality, personalized service. This includes listening to their needs, understanding their concerns, and providing them with the information and support they need to make informed decisions about their insurance and financial planning.
In addition to benefiting customers, a focus on customers can also benefit the company itself by promoting customer loyalty, driving repeat business, and enhancing the company's reputation for excellence and integrity.
While profits, hierarchy, order, and sales are all important considerations for a successful business, Mutual of Omaha's values and mission statement prioritize the needs and interests of its customers above all else.
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5. Describe at least two methods you would use to identify job opportunities if you were
looking for a job. Explain why you would use these methods for job seeking. (1-2
sentences. 3.0 points)
Explanation:
job analysis media advatirsment
Answer:
Looking on social media platforms for companies that are hiring, (social media marketing), and brining resumes into employers (resume advertising)
Explanation:
Introduction to business!
How can you determine an independent contractor?
A. Independent contractors have an interview and a daily schedule
b. Their work and work hours are minimally controlled
c. Their work and work hours are moderately controlled
Answer:
B.
Explanation:
Answer:
b
Explanation:
Question 9 of 20
A person earns $40,000 per year. She deducts $2,000 for charitable
donations. She also receives a $3,000 tax credit.
How much taxable income does the person have?
A. $37,000
B. $38,000
C. $43,000
D. $40,000
SUBMIT
The net amount of taxable income for a person who earns $40,000 per year and deducts $2,000 for charitable donations will be $38,000.
What is taxable income?The amount of income on which the payment of taxes is to be made to the federal or other such authorities for the time being in force, is known as taxable income.
Certain deductions are allowed in total income to compute the liability of the net taxable income. As per the given conditions, a deduction of $2000 can be claimed by the person on her total income of $40000.
Hence, option B holds true regarding the taxable income.
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Please help me
Lamp Lighting produces lamps from bought in
parts. The variable cost of each lamp comprises of direct materials of £6.00,
labour costs of £10.00 and other variable cost of £2.00. Lamp Lighting has
fixed overheads of £180,000 and sells its lamps for £30 each and the break-even
point is 15,000 lamps. What profit would Lamp Lighting make if the company sold
25,000 lamps?
(1 Point)
£240.000
£150.000
£120.000
£300,000
Answer:
£240.000
That's my answer
Explanation:
hope it's help
The ""interest rate effect"" can be described as an increase in the price level that raises the interest rate and chokes off ____
An increase in the price level raises the interest rate and chokes off investment and consumption spending.
What is interest?
In finance and economics, interest is a payment from a borrower or deposit-taking financial institution to a lender or depositor in excess of the repayment of principal (ie, the amount borrowed) at a certain rate.It differs from a feefee that the borrower may pay to the lender or some third party.It also differs from a dividend, which a company pays to its shareholders (owners) from its profit or reserve, but not at a certain predetermined rate, rather on a pro rata basis as a share of the reward earned by the entrepreneurs' risk-taking. when the revenues achieved exceed the total costs.To know more about interest, click the link given below:
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What is the opportunity cost of studying for the test in order to get a good grade?
Answer:
the opportunity cost is the time spent studying and that money to spend on something else
The time spent studying and the money that could have been used for something else are the opportunity costs.
What is opportunity cost?According to microeconomic theory, an activity's opportunity cost is the value or gain that is forfeited in exchange for engaging in that activity as opposed to engaging in an alternative activity. More precisely, it means that by choosing one course of action (such as making an investment), you are forfeiting the chance to take an other course of action. The activity that yields the highest return among all others, net of opportunity costs, is the one that is considered to be the ideal activity.
The goal of opportunity cost is to ensure efficient use of limited resources as a depiction of the relationship between scarcity and choice. It takes into account all decision-related expenses, both explicit and implicit.
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Which of the following is considered a fall prevention system because it stops a person from falling in the first place?
Select the best option.
Anchor
Guardrails
Personal fall arrest systems
Safety nets
Answer:
see the answer
Explanation:
I think it's safety nets
According to the neutrality of money idea, in the short run an increase in the money supply would cause a shift of
According to the neutrality of money idea, in the short run an increase in the money supply would cause a shift of the aggregate demand curve.
This means that the overall demand for goods and services in the economy would increase, leading to an increase in output and prices. In the long run, however, the neutrality of money suggests that changes in the money supply do not affect real variables such as output, employment, and the relative prices of goods and services. This is because prices and wages adjust to changes in the money supply, returning the economy to its original equilibrium level. The neutrality of money is a fundamental principle in macroeconomics, and it has important implications for monetary policy and economic stability.
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A _____ typically provides information so that an organization can make a decision about a product, procedure, or policy.
Answer:
A proposal typically provides information so that an organization can make a decision about a product, procedure, or policy.
Business owners should maximize economic profits because?
Business owners should maximize economic profit because maximizing economic profit includes setting higher prices and low quantities of products than the competitive market. This can help businesses to become more efficient and to expand on a large scale.
Economic profit is analyzed with accounting profit. Accounting profit is the profit a company shows on its income statement. Accounting profit measures inflow v/s outflow and is part of the required financial transparency of a company. Economic profit not record on company financial statements. It is required by investors.
Economic profit is a type of “what if” analysis. Companies and individuals calculate the future value of economic profit when they are faced with choices and business alternatives.
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which of the following is NOT on a credit report
Late medical payments
Repayment history
Buying habits
Public records
Answer: The correct answer to the question is option C
BUYING HABITS.
To effectively answer the question,let's look at the definition of credit report and the options given..
A credit report is simply a record that is reported by one's lenders and creditors to the credit agency.they contains one's personal information, public records, credit enquires and credit account history.
LATE MEDICAL PAYMENT, REPAYMENT HISTORY AND PUBLIC RECORDS all has to do with credit
bureaus while buying habit doesn't have anything to do with credit bureaus rather it is when an individual or consumer purchases a particular type or brand of product concurrently without a change in another brand of the same product.it is mostly as a result of the satisfaction the individual gets from that brand of product.
A perfectly competitive firm has the cost function TC = 1000 + 2Q + 0.1 Q2. What is the lowest price at which this firm can break even?
Answer:
Concept & example of breakeven point
Explanation:
Break Even point is where, Total Revenue = Total Cost. So, dividing entire equation by Q, Average Revenue ie Price = Average Cost.
TC = 1000 + 2Q + 0.1 Q^2 , AC = TC / Q , AC = 1000 / Q + 2 + 0.1Q Lowest Price ie AR for breakeven, is where P = AC. So, P = 1000/Q + 2 + 0.1Q
Eg : For quantity Q = 100, minimum price for breakeven, at P = AC is (1000 / 100) + 2 + 0.1 (1000) = 100 + 2 + 100 = 202
Target Market: Corporate international business travelers
Product:
● Price:
● Place:
●
Promotion:
Why?
international business travelers for corporations Product.
Briefing:-Your target demographic may be singles, families, couples, business travelers, or luxury travelers, depending on the services you provide. The sort of travel and travel experiences being given will also affect the target market for a travel agency.
What exactly is a global target market?The demographic that you wish to offer your goods or services to is known as your target market. Target markets in eCommerce are broad since you have the world at your fingertips. You need to choose which of the more than 220 available nations have the target market that will be the most lucrative for you.
Which four target markets are there?Target markets are often divided into four categories: geographic (based on location), demographic (based on population), psychographic (based on lifestyle and socioeconomics), and behavioral.
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Which is an example of an accounting function for a business?
1.) Designing print advertisements
2.) Preparing a balance sheet
3.) Hiring employees
4.) Testing computer software
In the summer of 2002, Kelly Flatley and Brendan Synnott joined forces to launch a homemade granola business out of Flatley's parents' home. They had no advertising budget, so they had to find other ways to let consumers know about Bear Naked Granola. The entrepreneurs went door-to-door to small specialty and natural food stores. They also set up tables and tents at community events and 5K charity runs where they gave away samples of their granola. From this information, you can infer that Flatley and Synnott used the _____ method for promoting their product.
Answer: all available funds
Explanation:
From the information given in the question, it can be infer that Flatley and Synnott used the all available funds method for promoting their product.
This all available funds method is the allocation of all the available profits for advertising purposes. It is an aggressive method as it can invoice moving door to door or doing at other means in order to promote a product. It is useful when a new company wants to increase the consumer awareness with regards to its products or services.
When the unemployment rate falls to the full-employment level:
a. There is increased concern about inflation.
b. Many resources are idle.
c. The size of the labor force decreases.
d. There is increased concern about deflation.
When the unemployment rate falls to the full-employment level, it means that most of the available resources have been utilized, and there are very few idle resources left. The correct option is B
This leads to a situation where there is a shortage of resources, which can cause increased concern about inflation. This is because when the demand for goods and services exceeds the supply, prices tend to rise, leading to inflationary pressures.
Additionally, as there are very few idle resources, businesses may find it challenging to expand their operations, and this can impact economic growth. On the other hand, the size of the labor force may not decrease, but rather, it may lead to an increase in wages as businesses compete to hire workers.
Overall, when the unemployment rate falls to the full-employment level, policymakers must strike a balance between controlling inflationary pressures and supporting economic growth. The correct option is B
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unlike other levels of management, these managers spend a fair portion of time supervising the work of their subordinates.
Low-level managers unlike other levels of management, these managers spend a fair portion of time supervising the work of their subordinates.
What is the role played by Low-level managers?Low-level managers prioritize completing tasks and producing results while acting as mentors for the staff they are responsible for. First-line managers must support work-life programs whether or not top management does, as they are the managers who work directly with employees at the lowest level of an organization.
Therefore, Low-level managers unlike other levels of management, these managers spend a fair portion of time supervising the work of their subordinates.
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Effective decision makers are able to ______. A. Predict most or all consequences of actions b. Implement plans of action c. Identify the resources available to them d. List all realistic choices they can make e. All of the above Please select the best answer from the choices provided A B C D E.
Answer:
E
Explanation:
All this options is what a effective decision maker will be able to do
Choose the best defense of the following statement: “A great communicator will practice speaking often.” a. Lots of practice will make the speaker less confident. b. Lots of practice will make the speaker’s argument more logical c. Lots of practice will make the speaker sound robotic. d. Lots of practice will make the speaker sound more natural.
Answer:
d. lots of practice will make the speaker sound more natural :)
Explanation:
Answer:
D: lots of practice will make the speaker sound more natural
Explanation: took the test
Which of the following is NOT a primary reason for technology?
(A)Get tasks done quicker
(B)Make tasks easier
(C)Get tasks done more efficiently
(D)Make tasks more difficult
Answer:
D
Explanation:
technology was made so that we would do things more efficiently and with less effort, if the device that were created made tasks more difficult, we would have no need for it and it would probably be disreguarded. theres no reason to have technology that makes life more difficult
The Baldwin Company currently has the following balances on their balance sheet: Total Assets $203,391
Total Liabilities $124,185
Retained Earnings $31,365
Suppose next year the Baldwin Company generates $44,200 in net profit, pays $12,000 in dividends, total assets increase by $55,000, and total liabilities remain unchanged. What will ending Baldwins balance in Common Stock be next year? Select: 1
$413,941
$319,011
$135,041
$70,641
The ending balance in Baldwin's Common Stock next year will be $80,041.
To determine the ending balance in Common Stock for the Baldwin Company next year, we need to consider the changes in net profit, dividends, and total assets.
First, let's calculate the change in retained earnings for next year. The net profit for next year is $44,200, and the dividends paid out are $12,000. Therefore, the change in retained earnings is $44,200 - $12,000 = $32,200.
Next, we need to calculate the change in total equity. Total equity is the sum of retained earnings and common stock. Currently, the retained earnings balance is $31,365.
Since total liabilities remain unchanged, we can determine the ending balance in common stock by subtracting the change in retained earnings from the total equity.
Total equity = Retained Earnings + Common Stock
Therefore, Common Stock = Total Equity - Retained Earnings
Substituting the values we have:
Common Stock = Total Assets - Total Liabilities - Retained Earnings
= $203,391 - $124,185 - $31,365
= $47,841
Now, to calculate the ending balance in Common Stock for next year, we need to add the change in retained earnings to the current Common Stock balance.
Ending Balance in Common Stock = Common Stock (currently) + Change in Retained Earnings
= $47,841 + $32,200
= $80,041
Therefore, the ending balance in Baldwin's Common Stock next year will be $80,041.
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Strengths identified in a SWOT Analysis are new actions a business should implement.
Question 1 options:
True
False
The Strengths that a business identifies when it does a SWOT Analysis are not new actions to be implemented so this is False.
SWOT analysis help a company evaluate itself to know what it needs to do to improve past its competitors. It is an acronym that stands for:
Strengths - these are areas that a company already excels in. Weaknesses - these are areas a company needs to improve in Opportunities - these are potential events that can be leveraged on by a company to become successful Threats - these are anything that can affect a business in a negative manner such as competitor products or government regulationAs shown above, strengths are not a new action to implement but are rather areas and actions that a company is already well-versed at implementing.
In conclusion, it is false that strengths in a SWOT Analysis are new actions that should be implemented.
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A debit in the T-Account for 'Cash' may be balanced by a credit in which of the following?
A. Equipment
B. Inventory
C. Accounts Payable
D. All of the Above
Answer:
B
Explanation:
coase corporation has 10,000,000 outstanding shares. there are 11 directors on the firm's board. the becker family owns 2,300,000 shares of coase corporation how many directors can the becker family be assured of electing by themselves if coase corporation uses majority voting?
The Becker family can be assured of electing 2 directors by themselves.
If Coase Corporation uses majority voting, the Becker family can be assured of electing a number of directors based on their ownership percentage.
In majority voting, a candidate needs to receive more than 50% of the votes to be elected. Since there are 11 directors on the board, a majority would be 6 or more directors.
The Becker family owns 2,300,000 shares out of the total of 10,000,000 outstanding shares. To calculate their ownership percentage, we divide the number of shares they own by the total outstanding shares:
Ownership Percentage = (Number of Shares Owned / Total Outstanding Shares) * 100
Ownership Percentage = (2,300,000 / 10,000,000) * 100 = 23%
As the Becker family owns 23% of the shares, they have significant influence but not enough to elect a majority of directors by themselves. With their ownership stake, they can elect a maximum of 23% of the total number of directors.
To determine the number of directors the Becker family can be assured of electing, we calculate:
Number of Directors = Ownership Percentage * Total Number of Directors
Number of Directors = 23% * 11
= 2.53 (rounded to the nearest whole number)
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