Last year, the pottery palace supplied 8,000 ceramic pots at $40 each. this year, the company supplied the same quantity of ceramic pots at $55 each. based on this evidence, the pottery palace has experienced a decrease in supply.
Quantity, often known as amount, is a qualities that can be a plurality or magnitude, illustrating both discontinuity and continuity. Quantities can be contrasted using the phrases "more," "less," or "equal," as well as by assigning a numeric values that is a multiple of the unit of measurement. One may easily think of quantitative qualities like mass, time, range, heat, and angle. Quantity, along with qualities, substance, change, and connection, is one of the fundamental categories of things.
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I need help on this this is 22 points I need help on question 7&8
Answer:
4.a
3.e
5.b
2.d
1.c
Explanation:
What is the relationship between costs of materials and distribution channels?
Answer:
A distribution channel is the set of steps it takes for a product to get in the hands of the key customer or consumer. Distribution channels can be direct or indirect. Distribution can also be physical or digital, depending on the kind of business and industry.
Explanation:
the various dimensions, features, or benefits consumers look for in response to a specific problem are called
Consumer preferences refer to the specific desires, expectations, and priorities that consumers have when considering a product or service to address a particular problem or need.
These preferences encompass the various dimensions, features, or benefits that consumers seek in a solution.
When faced with a problem, consumers evaluate different s based on their preferences. These preferences can include factors such as price, quality, functionality, convenience, reliability, durability, AESTHETICS, brand reputation, customer service, environmental sustainability, and more. Consumers prioritize and weigh these factors differently based on their personal needs, values, and preferences.
Understanding consumer preferences is essential for businesses as it helps them align their offerings with the desires and expectations of their target market. By identifying the specific dimensions, features, or benefits that consumers value, businesses can develop products or services that effectively address the identified problem and cater to consumer needs.
Market research, surveys, focus groups, and customer feedback are commonly used methods to gather insights into consumer preferences. This information enables businesses to tailor their offerings, differentiate themselves from competitors, and create value propositions that resonate with their target audience.
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6. Outline 4 circumstances under which some human wants canbe fully satisfied
Generally, the human wants can never be fully satisfied because its requires more resources whereas the resources are limited.
What is a human wants?This refers to the desires, aspirations and motives of humans that can be satisfied with goods and services.
For instance, the yearning for food, shelter, clothing are example of an economic human wants.
It is also accepted that the human wants are never truly satisfied because they are endless, even though these wants can be temporarily satisfy, they will always reoccur.
Therefore, the human wants can never be fully satisfied.
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Paul subscribes to an internet service that alerts him whenever other firms in his industry are quoted in the media. paul is using this type of marketing research primarily to?
Paul is using this type of marketing research primarily to monitor media coverage of other firms in his industry. This helps him stay updated on what his competitors are doing and how they are being portrayed in the media.
By subscribing to this internet service, Paul can receive real-time alerts whenever other firms are quoted, allowing him to gather valuable information and insights. This type of research can help Paul make informed business decisions, identify industry trends, and stay competitive in the market. Competitive intelligence refers to the systematic gathering and analysis of information about competitors' activities, strengths, weaknesses, strategies, and performance.
It helps businesses understand their competitive landscape and make informed decisions to gain a competitive advantage. In Paul's case, monitoring media quotes of other firms in his industry allows him to track their public relations and media coverage
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when does coverage cease under a crop hail insurance policy
Coverage under a crop hail insurance policy typically ceases at the end of the policy period, which is usually determined by the specific terms and conditions outlined in the insurance policy.
In most cases, coverage ends when one of the following events occurs:
1. Policy Expiration: The policy has a specific expiration date, usually indicated in the policy documents. Coverage will cease on that date unless the policy is renewed or extended.
2. Crop Harvest: Coverage often ends once the insured crop has been harvested. This is because the primary purpose of crop hail insurance is to protect against damage caused by hailstorms during the growing season.
3. Destruction of Crop: If the insured crop is destroyed due to a covered peril (such as a hailstorm) and the insured party receives a claim payout, the coverage may end for that crop. However, this depends on the terms of the policy and whether it covers multiple crops or only a specific crop.
4. Cancellation of Policy: If the policyholder decides to cancel the insurance policy or the insurance company cancels it due to non-payment of premium, coverage will cease on the cancellation date.
5. Policy Limits Reached: If the maximum payout limit specified in the policy is reached due to multiple claims, the coverage may cease for the remainder of the policy period.
It is essential for policyholders to review their crop hail insurance policy carefully to understand when coverage ceases and any other terms and conditions that may apply.
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Use the drop-down menus to explain how to create a one-to-one relationship using the primary keys of two tables.
1. Open the database.
2. On the Database Tools tab, in the Relationships group, click
3. On the Relationship Tools Design tab, in the Relationships group, click
4. In the dialog box, click one of the tables to add, and click Add
5. Click the other table to add, click Add, and click
6. Click and drag the primary key from a table, and drop it on the primary key of the other table.
7. In the Edit Relationships dialog box, make sure the correct fields are being linked.
8. Click the Enforce Referential Integrity checkbox, and click
Answer:
2. Relationship
3. Show table
4.
5. Close
6.
7.
8. Create
Explanation: Just did it on edge
Answer:
Relationships, Show Table, Close, Create
Explanation:
Just finished it
why is a higher interest rate important when saving money
(A) it pays interest on principal and interest
(B) it means a person will owe the bank less over time
(C) it grows savings at a faster pace
(D) it requires a lower amount be deposited each month
Answer:
C.
Explanation:
I believe it is C. because I'm pretty sure its talking about the interest which is where you receive some money from the bank for keeping you money there or whatnot.
The correct option is (C). it grows savings at a faster pace is a higher interest rate important when saving money.
A higher interest rate means that the saver will earn more interest on their savings, which will grow their savings at a faster pace.
Option (A) is incorrect because interest is only paid on principal, not on interest.
Option (B) is incorrect because a higher interest rate will not mean that a person will owe the bank less over time.
Option (D) is incorrect because a higher interest rate does not require a lower amount to be deposited each month.
Here is an example to illustrate this point. Let's say you have $1,000 in a savings account with an interest rate of 1%. After one year, you will have earned $10 in interest.
If the interest rate on your savings account were 2%, you would have earned $20 in interest after one year. Therefore, a higher interest rate will help your savings grow at a faster pace.
A higher interest rate will help your savings grow at a faster pace because you will earn more interest on your savings.
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1. Your friend asks to borrow $50 and offers to pay you back with interest. What factors
would you consider in your decision to accept or decline their request?
The factors that you have to think about would before giving out the loan would be the following:
The loan periodThe ability to pay back the loanThe interest that is on the loanHow the money is to be returned.What is a loan?This is the term that is used to refer to an amount of money that would be given to a person that is the borrower by the lender for a period pf time and for them to pay back with interest.
To be able to determine if you are to give out a loan, you have to take the ability of the person to pay you back the amount as a fator.
Also you have to check the character of the person that you are to loan the money to.
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Specialty Products Company has a high turnover rate among its employees, especially those
who are young parents. Solution to this problem
The company has to first investigate the reason why young parents are leaving the company. This is the first step towards resolving the issues of high turnover.
If it is because of the inability to care for their kids while at work, then the company can solve this problem by:
Turnover in human resources refers to the act of replacing one employee with a new employee. Termination, retirement, death, interagency transfers, and resignations are examples of separations between organizations and personnel.
Turnover in human resources refers to the act of replacing one employee with a new employee. Termination, retirement, death, interagency transfers, and resignations are examples of separations between organizations and personnel.
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How much will we end up buying?
Who wants to buy me?⊇·⊆
Answer:
how much
Explanation:
lol jk
After defining the problem and developing the research plan, the next step in the five-step marketing research approach is to
The next step in the five-step marketing research approach after defining the problem and developing the research plan is to:
Collect relevant information.What is Research?This refers to the use of systems to find out the reasons why things occur, the way the occur and the frequency of occurrence based on the scientific method.
With this in mind, we can see that in the research plan, there are steps to be taken and from there, after defining the problem, we would develop the research plan and then collect relevant information.
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The manager of an ice cream shop is curious as to which customers are buying certain flavors of ice cream. He decides to track whether the customer is an adult or a child and whether they order vanilla ice cream or chocolate ice cream. He finds that of his 224 customers in one week that 146 ordered chocolate. He also finds that 52 of his 93 adult customers ordered vanilla. Build a two-way frequency table that tracks the type of customer and type of ice cream. Find P(vanillaadult)
Find P(childchocolate)
The owner of an ice cream business is interested to know which kind of clients are purchasing specific flavors. He makes the decision to keep note of the customer's age and whether they ordered chocolate or vanilla ice cream. He discovers that 146 of his 224 clients ordered chocolate over a single week. Additionally, he discovers that 52 of his 93 adult customers bought vanilla. The type of consumer and the type of ice cream must be tracked in a two-way frequency table, which must be constructed.
Now,
Let's build the two-way frequency table that tracks the type of customer and type of ice cream. Type of Ice Cream Adult Child Vanilla 52, 42 Chocolate 41 , 89 Total 93 , 131 Total = 224
Now, we have to find P(vanilla adult) and P(child chocolate).
We know that:
P(vanilla adult) = number of adult customers who ordered vanilla / total number of customers= 52/224= 13/56P(child chocolate) = number of child customers who ordered chocolate / total number of customers= 89/224= 1/2
Hence, the required probabilities are: P(vanilla adult) = 13/56P(child chocolate) = 1/2
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abc home improvement supplies, inc. sells ironton 72 inch digging bars. the annual demand for the digging bars is estimated to be 5000 bars. the ordering cost is $60 per order and the carrying cost is 20% of the unit price paid. its supplier offers quantity discounts as shown in the following table order quantity unit price up to 499 $25 500 up to 999 $24 1000 and more $23 if abc is willing to pay a unit price of $25.00, determine the economic order quantity (eoq) 385 361 354 346 none of the above
Rounding up to the nearest whole number, the EOQ for the Ironton 72-inch digging bars is 246 bars. Therefore, the answer is none of the above.
To determine the economic order quantity (EOQ), we need to use the formula:
EOQ = sqrt((2DS)/H)
Where:
D = annual demand (5000 bars)
S = ordering cost ($60 per order)
H = carrying cost (% of unit price paid)
First, we need to calculate the unit price paid based on the quantity discount offered by the supplier.
Since ABC is willing to pay a unit price of $25.00, we can see that the order quantity falls in the first discount bracket (up to 499 bars), and the unit price is $25.00.
Next, we need to calculate the carrying cost. This is given as 20% of the unit price paid, so:
H = 0.20 x $25.00 = $5.00 per bar
Now we can substitute the values into the EOQ formula:
EOQ = sqrt((2 x 5000 x 60)/5)
EOQ = sqrt(60000)
EOQ = 245.0
Rounding up to the nearest whole number, the EOQ for the Ironton 72-inch digging bars is 246 bars.
Therefore, the answer is none of the above.
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Scott works at a local hardware store, and witnesses arco worker steal cash from the drawer when she thought no one was watching Scott confronts the co worker and siys. saw What you did, and you need to put the money back. You shovild really think about the type of per son you are becoming when you steal and act dishonestly. What ethitat principle is Scott advocating his co-warker follow?
Vitties
justice
Care
Rights
Scott is advocating the ethical principle of "Virtues" to his co-worker.
The ethical principle of "Virtues" emphasizes the development of positive character traits and moral values. It focuses on personal qualities such as honesty, integrity, and responsibility. In this scenario, Scott confronts his co-worker who stole cash from the drawer and encourages her to reflect on the type of person she is becoming. By emphasizing the need for self-reflection and considering one's character, Scott is advocating the principle of virtues.
Scott's statement implies that he values honesty and integrity, and he expects the same from his co-worker. He appeals to her sense of self and asks her to consider the consequences of her actions on her own character. By encouraging her to put the money back and think about the person she is becoming, Scott is highlighting the importance of virtuous behavior and the impact it has on one's identity and reputation.
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faisal is in charge of leading a group of seasoned volunteers at a local charity. the volunteers know what needs to be done, but they seem to have lost their motivation. in this situation, faisal is best advised to use which leadership style of the situational approach?
In the given situation, Faisal is best advised to use the leadership style of the situational approach called Participating leadership style.
What is the situational approach?The situational approach is a theory of leadership that was developed by Hersey and Blanchard. This theory is based on the belief that leaders must adjust their leadership styles to meet the needs of their followers, given their readiness or maturity levels.
This theory posits that there is no single “correct” leadership style that is effective in all situations. Instead, effective leadership is dependent on the situation and the level of maturity and preparedness of the followers.
What is Participating leadership style?Participating leadership is one of four leadership styles proposed by Hersey and Blanchard's situational leadership model. This leadership style is recommended for situations in which followers have moderate levels of readiness or maturity. In this leadership style, leaders work alongside their followers to accomplish tasks.
Leaders provide their followers with a clear goal or vision and then allow them to use their skills and abilities to achieve the goal. Leaders also provide guidance and support when needed, but they are not micromanaging their followers. By adopting the Participating leadership style, Faisal can help his seasoned volunteers regain their motivation by working alongside them and allowing them to use their skills to achieve the organization's goals
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What are the risk being paid by investor while making investment in developing economics facing political stability economic uncertainty and social un rest?
Political, Economic, and Social risks are the risk being paid by investors while making investments in developing economies facing political stability economic uncertainty, and social unrest.
Investments in emerging markets that experience political unrest, economic volatility, and social unrest can be fraught with danger for investors.
Political risk: Developing nations that experience political unrest may be more susceptible to unforeseen changes in governmental regulations, laws, and policies. Social unrest and security risks brought on by political instability can jeopardize the stability of the economy and the investment climate.
Economic risk: Developing nations' economies may be more susceptible to shocks like inflation, deflation, and recessions. For investors, economic instability can result in sizable losses, particularly if they have money invested in assets with a foreign currency.
Social risk: Social unrest can disrupt business operations and result in damage to property or other assets. Examples of social unrest include protests, strikes, and civil unrest. These occurrences may also put investors' and businesses' reputations at risk and even endanger people's safety.
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What is a Target Market ? A Marketing with a bullseye goal . B Customers to whom a company wants to sell its products and services
Answer:
Customers to whom a company wants to sell its products and services
Explanation:
When I decided to set up my own business, I decided to focus on just those customers who wanted just the product I invented. They are my target customers and I'll focus my advertising on just their needs and interests. That will be my target market.
Which of the following best describes the law of supply and demand?
A. When a desirable product or service is plentiful, its value increases.
B. Businesses can charge extra for products that people use every day.
C. When there is a high demand for a product, it is hard to supply.
D. When a desirable product or service is scarce, its value increases,
Answer:
d is you answer
Explanation:
Answer:
D. When a desirable product or service is scarce, its value increases.
Explanation:
Because more people want a product that there is less of, meaning they will raise the price.
Economic importance
of
rivers
Answer:
Traditionally, rivers have been valued primarily as water sources to drive the economic engines of irrigation and hydropower. However, rivers provide a broader set of services that deliver immense benefits to people, economies and nature, which include, but exceed, the value of the water they carry.
Explanation:
Customer Segments for nike For whom are we creating value? Who are our most important customers? Is our customer base a Mass Market, Niche Market, Segmented, Diversified, Multi-sided Platform
Nike customer segments includes athletes, sports fans, and casual wearers. Nike creates value for its customers by offering high-quality athletic shoes, apparel, and accessories that enhance their performance, comfort, and style. The most important customers for Nike are athletes and sports enthusiasts who are willing to pay a premium for superior quality and design.
Nike’s customer base is a combination of mass market and segmented market. While Nike’s products are widely available and appeal to a broad audience, the company also targets specific segments based on factors such as age, gender, and sport. For example, Nike offers specialized products for basketball, running, and soccer, and it markets products specifically to women, children, and other demographics.
Nike is a multi-sided platform that connects customers with athletes, teams, and events. By sponsoring top athletes and teams and providing customized products for specific events, Nike creates a unique experience for its customers that goes beyond the product itself. Additionally, Nike uses social media and digital platforms to engage with customers and create a community around its brand.
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Strategic Sourcing and Supply at Federal Express
1
Prepare a set of detailed responses to the following questions after reading the case: 1. What are the key elements that must be completed at each stage of the strategic sourcing process? 2. How does the governance structure for supply chain management at Federal Express support the strategic sourcing process? 3. Are there elements of the strategic sourcing process used at Federal Express that apply to other companies?
The strategic sourcing process consists of several key elements that must be completed at each stage. These elements include spend analysis, supplier evaluation and selection, contract negotiation, supplier relationship management, and performance measurement and improvement.
Spend Analysis: This involves assessing the organization's current spending patterns, identifying areas of opportunity, and understanding the total cost of ownership.Supplier Evaluation and Selection: This step involves identifying potential suppliers, evaluating their capabilities and suitability, and selecting the most suitable suppliers based on predefined criteria.Contract Negotiation: Once the suppliers are selected, contract negotiations take place to establish terms and conditions, pricing, and other contractual details.Supplier Relationship Management: This involves managing the ongoing relationship with suppliers, ensuring effective communication, collaboration, and performance monitoring.Performance Measurement and Improvement: Regular evaluation of supplier performance against key metrics and continuous improvement initiatives are crucial to optimize the sourcing process.At Federal Express, the governance structure for supply chain management supports the strategic sourcing process by ensuring clear roles, responsibilities, and accountability for sourcing decisions. This structure enables effective coordination and alignment between different functional areas and promotes efficient decision-making.
Elements of the strategic sourcing process used at Federal Express, such as spend analysis, supplier evaluation and selection, and performance measurement, are applicable to other companies. These elements are fundamental to sourcing strategies and help organizations optimize their supply chain operations, enhance supplier relationships, and achieve cost savings and operational efficiencies. Companies across various industries can benefit from implementing these elements to improve their sourcing practices and drive competitive advantage.
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Classify each of the listed statements as either positive or normative.a. Firms can increase sales by lowering product prices. b. Lower tax rates encourage more work and more saving. c. Economic development should not take place at the expense of social Justice.
Firms can increase sales by lowering product prices and Lower tax rates encourage more work and more saving is positive and Economic development should not take place at the expense of social Justice is normative.
Tax rates are the percentage of income, sales, or property value that individuals and organizations must pay to the government in taxes. These taxes are used to fund public goods and services, such as roads, schools, and law enforcement. Tax rates can vary depending on the type of tax and the jurisdiction in which it is collected. In many countries, individuals and organizations are subject to progressive tax systems, in which tax rates increase as income or wealth increases. This is designed to ensure that those who can afford to pay more contribute a larger share of their income to support public goods and services. Tax rates can also vary based on the type of goods and services being purchased.
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Gregory is aiming to get the _ symbol for his products, which is awarded by the _
Answer: environmental friendly refrigerators prestigious , engineering agency
Explanation: Separated by Commas .
What is the difference between traditional manufacturing and a cottage
industry?
A. Manufacturing is done on a lower scale.
B. Manufactured products are better quality.
C. Manufactured items are worth more.
D. Manufacturing is done on a larger scale.
SUBMIT
Answer:
its a D
Explanation:
The difference between traditional manufacturing and a cottage industry is manufacturing is done on a larger scale. Thus, option D is correct.
What is cottage industry?A cottage industry is a small manufacturing company run by an individual or family, usually from their house rather than a specially constructed facility. The minimal expenditure needed to launch a cottage industry serves as its defining characteristic.
They frequently concentrate on making labor-intensive goods but have a tough time competing with manufacturers of mass-produced goods who operate factories. The original cottage industries in the U.S. and Europe were light manufacturing businesses that performed subcontracted work in shoemaking, minor metal machine components, textile or garment production, or stitching. These small-scale companies frequently used raw materials provided by the contract supplier to make final goods.
Therefore, we can conclude that option D is correct.
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What is a tagline?
(Principles Of Business Management)
Answer:
Explanation:
A tagline is a short phrase used in marketing campaigns of a business to sum up the value of a brand or its products and create a positive brand impression.
_____ allows industries, organizations, and companies to approach business decisions from different perspectives. Arbitration Ergonomics Tolerance Workforce diversity
Answer:
Workforce diversity
Explanation:
Workforce diversity refers to similarities and differences between employers and employees in terms of their race, religion, gender, perspectives and opinions.
Diversity is important for every industry, organization, and company since people have different perspective and views, they approach business problems differently, leading to different solutions. Diversity leads to increase profits, creativity, wide range of skills e.t.c.
Ms. Marian Rivera is visiting Vancouver on business for 3 days. She booked a room at your holal "The Spencer Hotels" in the Evening She went out With her Friend for dinner, since her friend insisted that she sleep over at her place, Ms. Marian slept at her triends place with out informing the Hoter? is it necossary that Ms. Marian Should inform the hotel if she chooses not to sleep at the hotel? if YES/NO Why? If she informs would we charge her rom status from Occupied?
No, it is not necessary for Ms. Marian Rivera to inform the hotel if she chooses not to sleep at the hotel.
If the hotel has been paid in advance for the booking, the room status will still be occupied even if Ms. Marian sleeps somewhere else for the night. Therefore, she does not need to inform the hotel. However, if she would like to check out earlier than the original checkout time, she would need to inform the hotel in advance.
Additionally, if the hotel has a policy that requires guests to inform them if they will not be staying for the night, Ms. Marian should abide by the policy.
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define the study of economics
analyze ways that economics influences our daily lives
identify three basic economic questions: What will be produced? How will it be produced? For whom will it be produced?
The Study of economics can be defined as the study of People. Economics tries to explain what driving factor behind human behaviour, decisions and reactions when faced with difficulties or successes.
The effects of economics on our daily lives can be analyzed in the following ways
Opportunity costHow to maximize utilityThe effects of externalitiesImportance of savingEffects of Inflation.What are the Basic Economic Questions? What should we produce How should we produce it For whom should we produce itLearn more about economics at https://brainly.com/question/17996535
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