The formula for marginal cost is: the change in total variable cost divided by the change in output levels.
Marginal cost refers to the additional cost incurred by a company for producing an additional unit of a good or service. It is calculated by taking the change in total cost when producing one additional unit and dividing it by the change in the number of units produced
.Marginal cost is an important concept in economics because it is used to determine the most efficient level of production for a company.
Companies want to produce at a level where their marginal cost is equal to their marginal revenue, which is the additional revenue generated by producing one more unit of a good or service.
This is because producing beyond that level would cause the company's costs to increase without a corresponding increase in revenue.
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If you see a mistake on your credit report, who should you contact? how should you contact them?.
If you see a mistake on your credit report, you should get in touch with the credit reporting company and explain the issue to them.
Your credit report affects your purchasing power, chances of landing a job, renting or purchasing a home and ability to purchase insurance. Credit reporting agencies sell your report's contents to companies that use it to decide whether to lend you money or not. Credit reports are sometimes also consulted by hiring managers. This is why it's important to ensure that the data in your report is accurate and comprehensive.
Any inaccurate or incomplete information in your report must be corrected by the credit agency as well as the company that provided the information to the bureau. These agencies work for no payment. Contact the credit bureau and the company that provided the false information to get errors in your record fixed. Inform them that you want to contest the facts in your report. Your issues will be resolved.
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Will give brainliest to anyone who can explain how to solve this
Find the amount of markup by subtracting the store cost from sale price:
25-5 = 20
Divide markup amount by cost:
20/5 = 4
Multiply by 100 to get percentage
4 x 100 = 400 %
The answer is B. 400%
Answer:
Explanation:
After-Before/Before = 25-5=20 / 5=4 = 400%B
Explique la teoría del valor y de un ejemplo con algún bien o servicio de su uso cotidiano. (colombia)
Answer:
En economía, se habla de teorías del valor para indicar el conjunto de concepciones sobre la génesis y determinación del valor, como propiedad de las mercancías distinta del costo y lógicamente antecedente al precio, que constituye su manifestación fenomenal en esta perspectiva.
La economía política siempre ha tratado de responder a la pregunta: ¿de dónde viene el valor? Las respuestas fueron muy divergentes. Van desde la escasez de bienes disponibles, a su utilidad, a la necesidad de remunerar los factores productivos, incluido el capital y considerando su remuneración; - el beneficio - como recompensa por la abstinencia del capitalista, que puede permitirse renunciar al consumo para utilizar la propia riqueza de forma productiva, etc.
ON
Did you follow the tips from a successful businessman or practitioner before you engaged in your business
Answer:
Indeed, prior to starting my commercial activities in my business, I was advised on how large entrepreneurs carried out their activities, and on the tips that they gave regarding how to manage and organize the business.
This gave me the tools to organize my business in the most effective way, avoiding common beginner mistakes when using commercial strategies that have already been tested by successful entrepreneurs.
Consider a second hand car market where three types of cars are being sold: High quality (H), medium quality (M) and low quality (L). Sellers value an H at $2000, an M at $1200 and an L at $800, whereas buyers value an H at $1800, an M at $1600 and an L at $1400. As discussed in the "Akerloff's Lemons Market", sellers are able to distinguish between different quality cars but buyers are not and a buyer believes that in this market 40% of the cars is an H, 30% of the cars is an M and 30% of the cars is an L. a) Determine which type of cars will be sold at the efficient allocation. b) Determine which type of cars will be sold at the market equilibrium.
Answer:
a) Determine which type of cars will be sold at the efficient allocation.
All cars would be sold in a Pareto efficient allocation.
In a Pareto efficient market, resources are all allocated in teh most efficient possible way. This is the reason why this is just a theoretical concept that does not necessarily apply in real life.
b) Determine which type of cars will be sold at the market equilibrium.
Since consumers are only willing to pay up to $1,620 for a used car, only medium quality and low quality cars will be sold. The price of high quality used cars is higher than the equilibrium price.
Explanation:
the most a buyer would be willing to pay for a used car is ($1,800 x 40%) + ($1,600 x 30%) + ($1,400 x 30%) = $720 + $480 + $420 = $1,620
Newly produced goods and services that households buy are considered with one very important exception:
In the context of the circular flow of the economy, where money moves from households to businesses in exchange for products and services, newly generated goods and services that households purchase are taken into account.
Newly created items and services that consumers purchase are typically essential to the flow of economic activity, boosting output and generating wealth.
One notable exception, though, is when used or secondhand goods are bought. Unlike new purchases, used purchases involve redistributing existing products without contributing to their creation, therefore they do not directly help current production and income development.
Thus, although transactions for used items involve financial exchanges, they are not part of the present economic production cycle, indicating a unique component within the larger context of consumption.
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Welfare includes all of the following EXCEPT
(a) Social Security
(b) Medicare
(c) Occupational Safety and Health Administration
(d) Medicaid
Answer:
(C) Occupational Safety and Health Administration
Jordan deposits $100 into a savings account that pays him with a compound interest rate of 3%. Justin deposits $100 into an accountthat pays him simple interest at the rate of 3%. Who will see a greater return if they withdraw all of their money after 3 years?
Answer:
Jordan
Explanation:
Given that :
JORDAN :
Principal (P) = $100
Compound interest rate (r) = 3%
AMOUNT AFTER 3 YEARS:
A = P(1 + r/n)^nt
n = number of times interest is applied per period
t = time ; A = final amount
A = 100(1 + 0.03)^3
A = 100(1.03)^3
A = 100(1.092727)
A = $109.2727
JUSTIN :
Principal = $100
SIMPLE INTEREST interest rate = 3%
A = P(1 + rt)
A = 100(1 +(0.03 * 3))
A = 100(1 + 0.09)
A = 100(1.09)
A = 1.09 * 100
A = final amount after 3 years = $109
What is the difference between a co-payment and co-insurance?
a. Co-payment refers to two spouses paying for the same coverage, and co-insurance refers to
two spouses receiving the same benefits.
b. A co-payment is a flat fee for each service, and co-insurance is based on a percentage of the
costs incurred.
c. Co-payment is when a group of individuals work to cover each other's medical expenses, and
co-insurance is when an individual has multiple insurance policies from different companies.
d. A co-payment is when an employer helps an employee pay for insurance premiums, and co- insurance is when an employer helps an employee find better insurance than they could alone.
Answer:
(a.)
Co-payment refers to two spouses paying for the same coverage, and co-insurance refers to two spouses receiving the same benefits.
Your healthcare coverage plan includes two different types of cost-sharing provisions: copayments (copays) and coinsurance. Thus, statement 'A' (Co-payment refers to two spouses paying for the same coverage, and co-insurance refers to two spouses receiving the same benefits) is the correct statement.
What is the difference between a co-payment and co-insurance?Before obtaining any additional services, a patient (who is insured) is expected to make a co-payment to a service provider, such as a health insurer (health maintenance organization, or HMO), for medical costs.
The amount that a patient (the insured) must pay for a claim or covered charge after a deductible has been met is known as co-insurance, and it is often stated as a percentage of the costs spent.
Your copays are set amounts that help offset the cost of medical care. Your estimated share of the cost of treatment is known as your coinsurance.
Therefore, option 'A' is the correct option.
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Mason compared the properties of two compounds. Magnesium oxide is an ionic compound, and hydrogen peroxide is not an ionic compound. Therefore, both compounds most likely
have molecular structures.
can be highly reactive.
have low boiling points.
can dissolve in water.
Answer:
Can be highly reactive
Answer:
B.
Explanation:
It is a strong drive to achieve goals and objectives through focus and proactive follow-through.
a.
Consistency
b.
Coordination
c.
Competence
d.
Commitment
Answer:
C
Explanation:
Competence gives you the ability or skill to do something
The most common form of competition is ________blank, in which many firms compete for customers in a given market but with differentiated products.
The most common form of competition is monopolistic competition blank, in which many firms compete for customers in a given market but with differentiated products.
Monopolistic Competition Market
Monopolistic Competition is a competition with other manufacturers who have similar products, but there are differences between each of them.
This difference is the hallmark of the productsproducts sold by each manufacturer.
The activity of producing these goods is known as product differentiation or product differentiation. Because the products produced are almost similar, each producer will compete in terms of quality, price, and how to market their products.
Monopolistic Competition Market Characteristics
The characteristics of a monopolistically competitive market are as follows:
1. Has a very large number of producers
As in a perfectly competitive market, a monopolistic market has a large number of producers. Due to the large number of producers, each producer has a relatively small market share.
2. There is Product Differentiation
Product differentiation is when a manufacturer produces a product that is slightly different, but similar to the products of its competitors.
In a monopolistically competitive market, when the price of one producer rises while the price of the product of another producer is constant, the demand for that product will fall. Because, consumers will easily find substitute products from these products.
3. Each producer competes in terms of quality, price, and how to market their products
Because products in monopolistic markets tend to be similar, producers will compete in terms of quality, price, and how to market their respective products.
Manufacturers will compete to improve the quality of their products, such as through attractive product designs and services provided to consumers.
4. Producers are free to enter the market
Just like a perfectly competitive market, monopolistic market participants are also free to enter and leave the market.
The free entry and exit of the market means that there are no barriers for new producers who want to sell their products in the market or old producers who want to leave the market.
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Using the standard 28/36 guidelines, what is the maximum mortgage payment allowed for someone with an annual salary of $73,025? a. $2,190.75 b. $2,044.70 c. $1,703.92 d. $1,217.08 please select the best answer from the choices provided a b c d
maximum mortgage payment allowed for someone with an annual
salary of $73,025 is $1,703.92.so option c is correct.
How much do mortgage payments cost?Principal, interest, taxes, and insurance are typically the four parts of a mortgage payment. The payment from the Principal component is used to reduce the balance of your outstanding loan. Borrowing money entails paying interest. Your loan balance, interest rate, and total amount owed all affect how much interest you pay.
The principal, or outstanding mortgage debt, will be partially paid down each month with your monthly payment, and the interest on the loan will be partially covered. For lending you money, the lender will charge interest. The majority of people's monthly payments additionally contain additional sums for taxes and insurance.
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3- Use the following data to answer the questions below:
Category
Billions of Dollars
Consumption $200
Investment $ 50
Government Spending $ 60
Exports $ 70
Imports $ 80
Depreciation $ 10
Foreign Factor Income $ 10
Please answer in whole numbers.
a. How much is net exports? $
b. How much is net investment? $
c. How much is GDP? $
d. How much is Net Domestic Product? $
e. How much is National Income?$
Explanation:
a. Net exports = Exports - Imports = $70 - $80 = -$10 b. Net investment = Investment - Depreciation = $50 - $10 = $40 c. GDP = Consumption + Investment + Government Spending + Net Exports = $200 + $50 + $60 - $10 = $300 d. Net Domestic Product = GDP - Depreciation = $300 - $10 = $290 e. National Income = Net Domestic Product + Foreign Factor Income = $290 + $10 = $300
the ____ system consists of actions taken to promote efficient and effective operations, protect assets, enhance accounting information and adhere to laws and regulations.
The internal control system consists of actions taken to promote efficient and effective operations, protect assets, enhance accounting information and adhere to laws and regulations.
What do you mean by accounting information?Accounting information includes the balance sheet, trading and profit and loss account, and other financial records produced through the bookkeeping and accounting process.
Bookkeeping is crucial because it maintains a detailed account of the financial data of the company. Users can compare current financial information to past data with the aid of up-to-date documents.
Therefore, an internal control system consists of actions taken to promote efficient and effective operations, protect assets, enhance accounting information and adhere to laws and regulations.
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Business 2: After apprenticing for another candy maker, I started my first candy business at age 18.
Unfortunately, my first attempt at starting a business (as well as my second) was a failure. After a rocky start,
my third try was more successful - I have just received a fortune from the sale of my caramel business. During
my world travels, I discovered new equipment that makes chocolate and decided to buy it. Today, only the
wealthy can afford chocolate. With this new technology, I think I can make a chocolate that everyone can
afford. In my mid-thirties, I know very little about making chocolate but I am willing to take the time to learn. I
want my life to center on inventing new candies, building this new business, and laying out a new community
that will be a wonderful place for the people I hire to live. I prefer to leave day-to-day operations of the
company–handling production, sales, marketing and distribution—to someone else
Answer:
The question is incomplete since the requirements are missing, so I looked for similar questions and found that you should advice this client either to form a sole proprietorship, partnership or corporation.
Since this client wants to focus solely on inventing new candies, he would be better off by forming a corporation. That way, he and other stockholders can elect a board of directors which will appoint an appropriate upper management team to run the business.
The other two types of businesses, sole proprietorships and partnerships require that the owners actively participate in managing the business, and that is something that the client wants to avoid. This happens because sole proprietors and partners are personally liable for all the business obligations. On the other hand, corporations are managed by a professional team.
A scalpers' market will exist if the event organizers set the official ticket price at Multiple Choice $40 $50. $60 $20
A scalpers' market is likely to exist if the event organizers set the official ticket price at a relatively low amount such as $20.
If the official ticket price is set too low, scalpers can easily buy up a large number of tickets and then drive up the price on the secondary market, leading to a scalpers' market.
When the official ticket price is set at $20, it creates a significant price disparity between the official market and the secondary market. This encourages scalpers to buy tickets at the official price and resell them at inflated prices to eager buyers who are willing to pay more to attend the event. The low official price creates a profit opportunity for scalpers, leading to a scalpers market.
In contrast, if the official ticket price is set at $40, $50, or $60, it is closer to the perceived value or demand for the event. This reduces the incentive for scalpers to purchase tickets at the official price and resell them at significantly higher prices. The price difference between the official market and the secondary market is smaller, making it less profitable for scalpers to operate.
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What kind of business was formed by Ken and Ryan
Answer:
Ryan Gosling and Ken Kao (The Nice Guys) have formed a new film and TV production company called Arcana and are collaborating on their first project: The Favourite from The Lobster director Yorgos Lanthimos which stars Gosling's La La Land's co-star Emma Stone along with Rachel Weisz and Olivia Colman.
Explanation:
HEY PLEASE SOMEONE HELP I NEED TO SUBMIT THIS WORK IN 30 MINUTES PLEASEEE!!!
Which method of distribution is suitable for sale of Coke in your school? Justify your answer.
The Coca-Cola Company sells its products to bottling and canning operations, distributers, fountain wholesalers and some fountain retailers. They then distribute them to retail outlets, corner stores, restaurants, petrol stations and many more.
When I had this question I found the link witch is on the document very helpful.
I hope this helps.
how do you become popular
Answer:
Spread the word; advertisements
Explanation:
In order to get popular you need to spread the word about your business, you needadvertisementst,s and sometimes even create your own website. Some website makers include Wix.
A network security device that monitors incoming and outgoing network traffic and decides whether to allow or block specific traffic based on a defined set of security rules.
Answer:
Firewall.
Explanation:
Firewall can be defined as a network security device that monitors incoming and outgoing network traffic and decides whether to allow or block specific traffic based on a defined set of security rules.
Simply stated, a firewall is a network security protocol that monitors and controls inbound and outbound traffic based on set aside security rules.
A firewall is used to control access to a computer or network, as it creates a barrier between a computer or a network and the internet in order to protect against unauthorized access.
Basically, it is a network security device or security system pre-installed on most computers to essentially inspect data being transmitted to or from a computer.
Hence, firewalls are typically bidirectional, it checks all sent and received data and only allow authorized traffic through.
Answer:
Firewall.
Explanation:
Hope this helps
Monopolistic competition is a market condition with which major feature
Answer:
O C. Different businesses compete to sell similar products.
Explanation:
Here are the options :
A. Many businesses freely produce the same product.
O B. Only one business controls an entire industry.
O C. Different businesses compete to sell similar products.
O D. A few huge businesses control an industry.
A monopolistic competition is when there are many firms selling differentiated products in an industry. A monopolistic competition has characteristics of both a monopoly and a perfect competition. the demand curve is downward sloping. it sets the price for its goods and services.
Monopolistic competitive firms engage in advertising for their products
An example of monopolistic competition are restaurants
Answer:
A is correct
Explanation:
different businesses compete to sell similar products
At Hard Rock Café, tasks that reflect operations or operations management include: A) designing efficient layouts. B) providing meals C) receiving ingredients. D) preparing effective employee schedules. E) all of the above.
The answer to your question is OPTION (E) all of the above. At Hard Rock Café, tasks that reflect operations or operations management include designing efficient layouts, providing meals, receiving ingredients, and preparing effective employee schedules.
Operations management is crucial for the success of any business, and Hard Rock Café is no exception. Designing efficient layouts (A) ensures smooth operations and an enjoyable experience for customers..
Providing meals (B) is a core aspect of Hard Rock Café's operations management, as the quality and consistency of the meals directly impact customer satisfaction. To ensure top-notch food quality, the café must effectively manage its kitchen operations, including food preparation, cooking, and plating.
Receiving ingredients (C) is an essential task in Hard Rock Café's operations management. The café must have a reliable system in place for procuring and storing ingredients while maintaining their freshness and quality. This involves working with suppliers, monitoring inventory levels, and ensuring proper storage conditions.
Lastly, preparing effective employee schedules (D) is a vital part of operations management. Proper scheduling ensures that the café has enough staff to handle customer demand.
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The expectation of a future devaluation of a fixed exchange rate will lead to Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a a sharp rise in reserves and a rise in the domestic interest rate above the world interest rate. b a sharp fall in reserves and an unchanged domestic interest rate. c a sharp fall in reserves and a rise in the domestic interest rate above the world interest rate. d a sharp rise in reserves and a fall in the domestic interest rate below the world interest rate.
Answer:
c a sharp fall in reserves and a rise in the domestic interest rate above the world interest rate.
Explanation:
A devaluation of fixed foreign exchange rate of a country will make the local currency cheaper compared to other currencies.
This implies that other countries will benefit more from buying the countries goods which are now cheaper (exports).
Imports will be more expensive as foreign currencies will have higher value.
Inflation results in this situation leading to increased interest rates aimed at curbing the fall of price of goods.
In order to maintain a level of stability in the economy also the reserves of the country will be used to stabilise the local currency. So reserves will fall.
newer and less prosperous firms must pay blank______ costs to attract capital because these companies tend to be quite risky. multiple choice question. higher lower
Newer and less prosperous firms must pay blank higher costs to attract capital because these companies tend to be quite risky. Newer and less prosperous firms face a difficult challenge when it comes to attracting capital. These companies tend to be quite risky, which can make potential investors hesitant to provide funding.
When a company is considered risky, investors require a higher return on their investment to compensate for the potential losses they may incur. This means that newer and less prosperous firms must offer higher interest rates or other incentives to attract investors.
However, it is worth noting that these higher costs may not always be a bad thing for companies. By offering higher returns, they can attract investors who are willing to take on more risk. This can be a positive signal to other investors, indicating that the company has potential for growth and profitability.
In summary, newer and less prosperous firms must pay higher costs to attract capital because they are considered risky. However, this can also be an opportunity for them to showcase their potential and attract investors who are willing to take on more risk.
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Customer relationship management software does not include information about
A. Current customers
B. Prospective customers
C. Former customers
D. Current Suppliers
Customer relationship management software does not include information about current customers, hence option A is correct.
CRM software is intended to track and manage customer interactions. This information contains contact information, purchasing history, and customer comments.
Software, on the other hand, does not often offer information about existing personnel. This is because CRM software is designed to handle external interactions, whereas HR software is designed to manage employee information.
Thus, "Customer relationship management software does not include information about" is A. Current Customers.
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please someone answer this brainlest and 45 pionts. In this activity, you will help three students sort through information about the clusters in this unit to help them chart their career pathway. Each student has a basic idea of which cluster they would like to be in, but that’s it! Your task will be to give them career options in these clusters, explain how their skills match that pathway, chart their education path, and describe their ultimate work environment. Our students may not go down the pathway you recommend, but at least you will give them a good rough outline to work with!
Stephanie
Growing up with dyslexia, Stephanie always struggled in English and Reading. Math was a breeze for her, though. Along the way, there were a few teachers who really worked closely with Stephanie to help her absorb the information she needed, and they showed her how to make learning fun! Stephanie particularly loved studying trigonometry and even her high school teacher is having difficulty keeping up with her. Now that she has been able to figure out how to study, education no longer scares Stephanie. In fact, she finds it a great way to explore and understand the world around her!
Based on what you know about Stephanie, create a personalized career pathway form for her. On this form, you need to include the following information:
Recommended pathway for Stephanie
Skills that Stephanie has that would be valuable in this career
What type of education is required to work in this career pathway
A description of where she might work and what tasks she might perform
Ethan
Ethan has always been interested in the stars. For his eighth birthday, his father bought Ethan a telescope that allowed him to see comets, satellites, and nearby planets clearly. Once in high school, Ethan struggled with his English Literature course until one of his classmates pointed out that many poems have a mathematic rhythm. This was really interesting to Ethan. Unfortunately, Ethan’s grandparents, who live in Thailand, suffered a complete loss of their home due to a tsunami. They have come to live with Ethan. Ethan wonders if there was a way to prevent the tsunami or if the kind of earthquakes that cause the tsunami here happen on the moon.
Based on what you know about Ethan, create a personalized career pathway form for him. On this form, you need to include the following information:
Recommended pathway for Ethan
Skills that Ethan has that would be valuable in this career
What type of education is required to work in this career pathway
A description of where he might work and what tasks he might perform
Yusuke
Yusuke has been a fan of online games for as long as she can remember. She particularly loves the role-playing games that allow her to build virtual empires and exchange goods with other players. Yusuke believes that because she connects with gamers from around the world while she is playing, the games help her develop a better world view. She unlocks almost every puzzle there is in a game and many times, players will reach out to Yusuke for tips and tricks. If there is a work-around, Yusuke will find it! She has saved up her money for three years to buy a gaming laptop that will be able to give her the all-encompassing experience that she wants. Yusuke is excited to try even more games with her new tech, as soon as she gets a feel for it.
Based on what you know about Yusuke, create a personalized career pathway form for her. On this form, you need to include the following information:
Recommended pathway for Yusuke
Skills that Yusuke has that would be valuable in this career
What type of education is required to work in this career pathway
A description of where she might work and what tasks she might perform
Explanation:
Stephanie:
Recommended pathway: Mathematics and Statistics
Skills: Stephanie has excellent math skills and a love for learning, which will be valuable in a career related to mathematics and statistics. She also has the ability to make learning fun and has developed effective study habits.
Education: A bachelor's degree in mathematics or statistics is usually required to work in this field. Higher-level positions may require a master's degree or PhD.
Work environment: Stephanie may work in a variety of settings, such as research and development, government agencies, finance, or education. Some tasks she might perform include analyzing data, creating mathematical models, and developing algorithms.
Ethan:
Recommended pathway: Astronomy and Astrophysics
Skills: Ethan has a passion for astronomy and a talent for mathematics. He has also shown an interest in finding solutions to real-world problems, such as the prevention of natural disasters.
Education: To work in the field of astronomy and astrophysics, a bachelor's degree in astronomy, physics, or a related field is usually required. Advanced degrees such as a master's or PhD may be necessary for research or teaching positions.
Work environment: Ethan may work in a variety of settings, such as universities, government agencies, observatories, or private research firms. Some tasks he might perform include observing and analyzing astronomical data, developing models and simulations, and conducting research on topics such as planetary formation or the evolution of stars.
Yusuke:
Recommended pathway: Computer Science and Information Technology
Skills: Yusuke has a talent for problem-solving and a deep understanding of online gaming. She is also able to connect with people from around the world and has developed skills in teamwork and collaboration.
Education: A bachelor's degree in computer science, information technology, or a related field is usually required to work in this field. Certifications in specific programming languages or technologies may also be valuable.
Work environment: Yusuke may work in a variety of settings, such as software development companies, video game studios, or technology consulting firms. Some tasks she might perform include developing software or games, testing and debugging code, and collaborating with other team members to create new technologies or improve existing ones.
In the new-product development process, the __________ stage involves specifying the product features and marketing strategy along with making financial projections needed to bring it to market.
idea generation
screening and evaluation
business analysis
development
commercialization
In the new-product development process, the business analysis stage involves specifying the product features and marketing strategy along with making financial projections needed to bring it to market. So the correct answer is option c.
This stage is a critical part of the overall process, as it involves conducting a thorough analysis of the new product idea to ensure its feasibility and potential for success. This includes assessing the market demand, competition, costs, and potential revenue streams. Once the business analysis is complete, the new-product idea moves on to the screening and evaluation stage, where it is further refined and assessed for its potential to meet customer needs and achieve business objectives. Finally, the product is brought to market through the commercialization stage, which involves implementing the marketing strategy and launching the product to the target audience. Throughout the entire process, idea generation and strategy development are key components that drive the success of the new-product development effort. Hence the correct answer is option c.know more about business analysis here : https://brainly.com/question/15319536
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The per diem employee makes $110.00. He works 25 days in the month. What is his gross pay?
To calculate the gross pay of the per diem employee, we need to multiply his daily rate by the number of days he worked in the month.
Daily pay = $110.00
Number of days worked = 25
Gross pay = Daily pay x Number of days worked
Gross pay = $110.00 x 25
Gross pay = $2,750.00
Therefore, the gross pay of the per diem employee is $2,750.00.
In 5 years, only 2.2% of the current internet businesses will still be operating. Use the exponential model F = Foert to determine the annual rate of internet business failures. Write your answer in c
The annual rate of internet business failures is approximately 27.8%.
According to the given information, in 5 years, only 2.2% of the current internet businesses will still be operating. This means that the survival rate of businesses after 5 years is 2.2%, and the failure rate is 100% - 2.2% = 97.8%. To determine the annual rate of failures, we can use the exponential decay model F = Foert, where F is the final value (2.2%), Fo is the initial value (100%), r is the annual rate, and t is the time in years. Substituting the given values into the formula, we have 2.2% = 100%e^(r*5). Simplifying the equation, we get e^(r*5) = 2.2%/100%. Taking the natural logarithm of both sides, we have r*5 = ln(2.2%/100%). Dividing both sides by 5, we get r = ln(2.2%/100%)/5 ≈ 0.278. Therefore, the annual rate of internet business failures is approximately 27.8%.
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