The value that a consumer expects to obtain from a purchase By understanding the consumer value, businesses can tailor their marketing strategies and product offerings to meet the needs and expectations of their target customers.
Consumer value can be subjective and varies from person to person, as it depends on individual needs, preferences, and expectations. It can include factors such as functionality, quality, convenience, price, brand reputation, customer service, and emotional appeal.
For example, when purchasing a smartphone, a consumer may consider the features it offers, such as camera quality, storage capacity, and battery life. They may also evaluate its durability, user-friendliness, and the reputation of the brand. Additionally, factors like price, warranty, and the ability to access customer support services may contribute to the perceived value of the purchase.
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What is the relationship between strategic thinking and strategic management? How do they complement each other? how do they contrast?
Without strategic thinking or management, strategic thought will consume itself in the search for order and procedure. Strategic planning and management are informed by strategic thinking. Strategic thought is given voice, action, and structure through strategic planning and management.
What is strategic thinking?A person uses strategic thinking as a mental or intellectual strategy to accomplish a goal or set of goals. It causes thought because it is a cognitive activity.strategic thinking is the production and use of distinctive business insights and possibilities designed to give a company or organization a competitive advantage. This is done as part of an organizational strategic management process.It can be carried out both alone and cooperatively by influential individuals who have the power to change the course of an organization.By encouraging proactive and creative discourse where people can learn other people's viewpoints on important and complex issues, group strategic thinking may add more value.In today's very competitive and rapidly evolving business environments, strategic thinkingis viewed as advantageous.To learn more about strategic thinking with the given link
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Malcolm has decided that he wants to open up his own law practice. The time has come to establish prices for his services. Due to his extensive experience and legal background, he believes that his fees should not relate directly to the time or effort spent on specific cases. Now that Malcolm has chosen the pricing strategy he wants to use, what is his next step
Answer:
determining the final price
Explanation:
In the given scenario Malcolm wants to use a pricing strategy that relies on his extensive experience and legal background rather than on time or effort spent on cases.
So he is promoting a higher quality of legal representation compared to other firms.
The next step in his pricing strategy will be to set the final price he wants to.offer his services.
This should be done by taking note of other law firms operating in the same community. A price that is too high will drive customers to competitors.
You would like to estimate the weighted average cost of capital for a new airline business. Based on its industry asset beta, you have already estimated an unlevered cost of capital for the firm of 8%. However, the new business will be 24% debt financed, and you anticipate its debt cost of capital will be 5%. If its corporate tax rate is 37%, what is your estimate of its WACC? The equity cost of capital is \%. (Round to one decimal place.)
Unlevered cost of capital for the firm (Ku) = 8%Debt financing = 24%Debt cost of capital = 5%Corporate tax rate = 37%To find:Weighted average cost of capital (WACC)Formula used:The formula for calculating the Weighted Average Cost of Capital (WACC) is:
WACC = (E / V) * Re + (D / V) * Rd * (1 - Tc)
Where,
Re = cost of equity
Rd = cost of debt
E = market value of the firm's equity
D = market value of the firm's debt
V = total market value of the firm’s financing (E + D)Tc
= corporate tax rate
Calculation:
Given, debt financing is 24% and equity financing is 76%.
Debt percentage (D/V) = 24%
Equity percentage (E/V) = 76%
Tax rate = 37%
Unlevered cost of capital for the firm (Ku) = 8%
Debt cost of capital (Rd) = 5%
Equity cost of capital (Re) = ?
WACC = (E / V) * Re + (D / V) * Rd * (1 - Tc)
We need to find the Re, to get the value of WACC.
Substituting the given values,8% = (0.76)Re + (0.24)(5%) (1 - 0.37)8%
= 0.76Re + 0.03Re2.31
= 0.76Re + 0.03Re2.28
= 0.79ReRe
= 2.28 / 0.79Re
= 2.89
The Equity cost of capital (Re) is 2.89% (approx).Therefore, the estimate of its WACC is (0.76) * 2.89 + (0.24) * 5% * (1 - 0.37) = 2.34 + 0.68 = 3.02 (approx).
Hence, the WACC is approximately equal to 3.02.
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Presented below are the CVP income statements for Sunland Company and Carla Vista Company. They are in the same industry, with the same operating incomes, but different cost structures. Sunland Co. Carla Vista Co. Sales $188,000 $188,000 Variable costs 75,200 47,000 Contribution. margin 112,800 141,000 Fixed costs 56,400 84,600 Operating income $56,400 $56,400 a) Calculate the break-even point in dollars for Sunland Co. b) Calculate the level of Sales in dollars if Carla Vista Co. wants to earn $500,000 in operating income before taxes Hot the final anwar won't he aradar!
The break-even point in dollars can be calculated as follows:
break-even point = fixed costs / contribution marginbreak-even point = $56,400 / $112,800
break-even point = 0.
a) to calculate the break-even point in dollars for sunland co., we need to determine the level of sales where the company's operating income is zero (neither a profit nor a loss). in other words, the contribution margin should equal the fixed costs.
contribution margin is the difference between sales and variable costs. in this case, for sunland co., the contribution margin is $112,800. 5 or 50%
so, the break-even point in dollars for sunland co. is $188,000 (the level of sales).
b) to calculate the level of sales in dollars if carla vista co. wants to earn $500,000 in operating income before taxes, we need to consider the contribution margin and fixed costs for carla vista co.
in this case, carla vista co. has an operating income of $56,400. to reach a target operating income of $500,000, we need to determine the additional contribution margin required.
additional contribution margin = target operating income - current operating incomeadditional contribution margin = $500,000 - $56,400
additional contribution margin = $443,600
the contribution margin ratio is the ratio of contribution margin to sales. we can use it to find the required level of sales:
contribution margin ratio = contribution margin / salescontribution margin ratio = $141,000 / $188,000
contribution margin ratio = 0.75 or 75%
required level of sales = additional contribution margin / contribution margin ratiorequired level of sales = $443,600 / 0.75
required level of sales = $591,467
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You get a part time job through an employment service. The service charges you ten percent of your forst weeks pay as payment for getting the job. tax or no tax
Answer:
No tax
Explanation:
how does the format of the income statement for manufacturing differ from the income statement of ?
The income statement for manufacturing firms differs from the income statement of merchandising firms in that manufacturing firms report their costs of goods manufactured and cost of goods sold, while merchandising firms report the cost of goods purchased. The income statement for manufacturing firms gross profit on manufacturing while merchandising firms do not include this section.
The format of the income statement for manufacturing firms differs from the income statement of merchandising firms in several key ways.
First, manufacturing firms include a section called "Cost of Goods Manufactured" which includes the cost of materials, labor, and manufacturing overhead. This section is not included in the income statement of merchandising firms.
Second, manufacturing firms also include a section called "Cost of Goods Sold" which includes the cost of goods manufactured plus any additional costs such as freight and storage. Merchandising firms only include the cost of goods purchased for resale in this section.
Finally, the income statement for manufacturing firms includes a section called "Gross Profit on Manufacturing" which is calculated by subtracting the cost of goods manufactured from the net sales. Merchandising firms do not include this section, instead they calculate gross profit by subtracting the cost of goods sold from the net sales.
Overall, the income statement for manufacturing firms is more complex and includes additional sections to account for the cost of manufacturing goods. Merchandising firms have a simpler income statement as they only need to account for the cost of goods purchased for resale.
Note: The question is incomplete. The complete question probably is: How does the format of the income statement for manufacturing firms differ from the income statement of merchandising firms?
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To use a credit card responsibly, you should ______________. Question 11 options: pay off the balance in full each month understand your interest rate and how credit works not apply for several credit cards in a short period of time All of the above
To use a credit card responsibly, you should- a. pay off the balance in full each month, b. understand your interest rate and how credit works and c. not apply for several credit cards in a short period of time.
Hence, option d. All of the aforementioned statements are accurate.
Function of a credit card.A credit card is a payment card given to users (cardholders) to allow them to pay a merchant for products and services based on their accumulated debt.
What is Credit card limit?The Credit Limit, also known as the Credit Card Limit, is the maximum sum that a person may charge on their Credit Card.
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Global business activities make different types of jobs available for workers in foreign countries. True False
According to the theory of ______ advantage, countries will experience higher growth rates if they follow a more open stance toward international growth. Economic studies have verified this.
The theory that states that firms will experience higher growth rates if they follow a more open stance toward international growth, is known as comparative advantage.
What is comparative advantage?
A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries.
A country should specialise in producing a good for which it has comparative advantage and import goods for which it does not have comparative advantage. This would ensure economic growth of countries.
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can i doit without pay
Answer:
what?
Explanation:
What do pilots do on a daily basis? What kinds of skills and knowledge does a pilot need to have? Do you think you would want the job of pilot? Why or why not?
NO LINKS I WILL REPORT!! 15 POINTS PLEASE ANSWER QUICKLY!!!
Question 9 of 10
How do standards act as barriers to trade?
A. They set limits on the total amount of imported goods.
B. They force imported goods to meet certain criteria.
C. They tax imported goods in order to increase their price.
D. They use government funds to lower the cost of domestic goods.
SUBMIT
Answer:
A. They set limits on the total amount of imported goods.
Explanation:
Just took the test and it was this!!
Standards act as barriers to trade because they tax imported goods in order to increase their price. Thus, option (c) is correct.
What is trade?
The process of buying and selling commodities and services is referred to as “trade.” Trade is a form of economic activity.
The tax on imported goods and services, which is an adverse effect of raising product prices, is the biggest obstacle to trade. As prices rise, there will be a shortage of goods.
Therefore, option (d) is correct.
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Lily runs a painting business. She has two experienced interior painters. One painter can paint a 300-square-foot room in 200 minutes. The other worker can paint a 300-square-foot room in 300 minutes.
If the painters work together, they can paint a 300-square-foot room in
minutes
If the two painters work together, they can paint a 300-square-foot room in 120 minutes (or 2 hours).
To solve this problem, we can use the formula: Time = Work ÷ Rate
where "Work" is the amount of painting needed to be done (in this case, 300 square feet), and "Rate" is the rate at which each painter can complete the job (in terms of square feet per minute).
Let's find the individual rates of each painter first:
Painter 1: Rate = Work / Time = 300 sq ft / 200 min = 1.5 sq ft/min
Painter 2: Rate = Work / Time = 300 sq ft / 300 min = 1 sq ft/min
To find the combined rate of both painters working together, we can add their individual rates:
Combined rate = 1.5 sq ft/min + 1 sq ft/min = 2.5 sq ft/min
Finally, we can use the formula again to find the time it takes for both painters to complete the job:
Time = Work ÷ Rate = 300 sq ft ÷ 2.5 sq ft/min = 120 minutes
Therefore, if the two painters work together, they can paint a 300-square-foot room in 120 minutes (or 2 hours).
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What would Jamie Lee's financial liability have been had she waited more than two days to report the debit/ATM card lost or stolen
Explanation:
If Jamie notifies the bank within 2 days of the lost card , her liability for unauthorized would be $50.
Jamie Lee's as the account holder is financially responsible for any form of transfers or withdrawals that has or will be made from their accounts and until He report the theft, he will be liable to all withdrawals.
What is a Checking Account:A checking account is known to be a kind of bank account that is often used by people as a deposit account.
The usual amount deposited by them in this account is known to be used for paying bills and other form of purchases.
Base on the fact above, Jamie Lee's would be liable for his financial liability because she had waited for more than two days to report her debit/ATM card lost or stolen and as such any theft that happen within those two days on her account is her fault.
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a definitive estimate should be the least accurate of the three types of estimates.
a. true
b. false
The statement is False. A definitive estimate should be the least accurate of the three types of estimates.
A basis of Estimate (BOE) is an analyzed and punctiliously calculated number that may be used for proposals, bidding on authorities contracts, and executing a project with a fully calculated price range.
The motive of an estimate has distinctive which means distinguishing human beings concerned with the technique. To the proprietor, it gives an inexpensive, accurate concept of the costs. This can assist him or she determine whether or not the work can be undertaken as proposed, wishes to be modified, or should be deserted.
The estimate is prepared by using calculating the portions from the dimension at the drawings for numerous objects required to complete the assignment and extended by way of the unit value of objects worried. Reason for Estimates: To recognize the amount of money required to complete the proposed paintings.
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a company has a beta of 3.25. if the market return is expected to be 14 percent and the risk-free rate is 5.5 percent, what is the company's required return?
If a company has a beta of 3.25. if the market return is expected to be 14 percent and the risk-free rate is 5.5 percent, the company's required return is 33.13%.
How to find the Required rate of return?Using this formula to find the Required rate of return
Required rate of return = Risk-free rate + (Market return - Risk-free rate) x beta
Where:
Risk-free rate = 5.5%
Market return = 14%
beta = 3.25
Let plug in the formula
Required rate of return = 5.5% + (14% - 5.5%) x 3.25
Required rate of return = 5.5% + 8.5% x 3.25
Required rate of return = 5.5% + 27.625%
Required rate of return = 33.125%
Required rate of return = 33.13% (Approximately)
Therefore the Required rate of return is 33.13%.
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why should information assurance place such an emphasis on crisis management and business continuity when disaster recovery (recovering from an incident) is typically seen as an it function?
Information assurance plays a vital role in maintaining the integrity, confidentiality, and availability of data.
Emphasizing crisis management and business continuity is crucial because it extends beyond the IT function of disaster recovery.
What's crisis managementCrisis management involves a proactive approach to identify, prevent, and resolve potential threats to an organization.
This includes developing strategies, assigning roles, and establishing communication channels to ensure swift response during emergencies. Business continuity focuses on maintaining essential functions and minimizing downtime during a disruption.
This involves identifying critical processes, resources, and stakeholders to ensure the organization can continue operating effectively. Disaster recovery, while an important IT function, is only one aspect of the larger framework of information assurance.
By placing emphasis on crisis management and business continuity, organizations can ensure a holistic approach to protect not only their IT systems but also their reputation, customer relationships, and overall business stability. This comprehensive approach ultimately leads to a more resilient and secure organization.
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When janelle decided to buy a new computer, she thought about all the brands she could recall seeing advertised, but when she visited her local best buy, she limited her search to only those brands she would consider buying. the brands available at best buy represent janelle's set.
Situational influences are transient circumstances that have an impact on consumer behavior.They include tangible elements like a store's layout, buying areas, music, lighting, and even odors.Businesses work to improve the physical conditions that shoppers encounter.
What are the situational factors that could alter the consumer decision making at the time of purchase?The likelihood that someone will go through all six stages of the purchasing process is probably limited to specific circumstances, such as when purchasing a thing for the first time or when purchasing expensive, durable, infrequently used items.Complex decision-making is what is meant when this occurs. Which of the aforementioned purchases would consumers be most likely to make with limited problem-solving.A regular coffee drinker's typical purchase is generally coffee to go.But problem solving skills will likely be reduced as a result of college courses. Physical surroundings, social surroundings, temporal perspective, task description, and antecedent state are the five components that make up situational factors. There are four different forms of consumer behavior: complex buying behavior, dissonance reduction, variety seeking, and habitual buying behavior. Consumer decision-making can appear complicated, but all buyers follow the same fundamental stages to choose the goods and services that will best meet their needs.Whether purchasing something, especially when it's something substantial like a car, consider your own thought process. When acquiring high-involvement products, buyers don't exhibit routine response behavior.Instead, they participate in what is known as prolonged problem solving, spending a lot of time weighing various factors such product features, costs, and warranties.To learn more about decision making refer
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At a local grocery store, they sell a Visa card that has a prepaid amount on it. People can use this card anywhere, but it cannot be used for more than its prepaid value. Which type of card is this?
A.
a debit card
B.
a smart card
C.
a stored value card
D.
a retail credit card
The type of the card is a Retail Credit card. Hence the option (D) is the correct one.
What is the function of retail credit cards work?For retail credit cards, an image You can potentially obtain benefits at some retail establishments if you have a retail store credit card.
Decide if you want a card that restricts the retailers with which you may earn rewards or one that enables you to earn rewards for regular purchases. Benefits could consist of privileged access to funding, exclusive deals, discounts, and awards.
For instance, paying in whole for a motorcycle costing $10,000 would be excessive for a buyer.
Consumer will receive a $10,000 loan from retail credit institutions, which will be repaid with interest over a period of time in the form of monthly installments.
Hence the correct option is (D).
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International organizations prefer to rely on Blank______ for measuring the value produced in an economy.
Answer:
I thinks it's gross national income
Explanation:
I am guessing
________________________ equalizes the prices of internationally traded goods across countries.
Answer:purchasing power parity
Explanation:
What scenario would call for you to
consider other funding options instead of
short-term and long-term debt?
A. You have plenty of cash flow and are looking to grow
with new equipment.
B. You have a small cash position, but you are adding
multiple clients monthly.
C. Your cash flow is terrible and your accounts payable are
extremely late.
Answer:
A.you have plenty of cash flow and are looking to grow with new equipment.
Explanation:
Sana makatulong po sainyo/ihope it helps for you
Wine and Roses, Inc. offers a 7 percent coupon bond with semiannual payments and a yield to maturity of 7.73 percent. The bonds mature in 9 years. What is the market price of a $1,000 face value bond?
Bonds are currently valued at $953.29 on the open market.
Bond market value equals the present value of the bond's face value plus the present value of its coupon payments.
PV of face value is equal to $1,000 / (1 + 3.86%).
¹⁸ = $505.31
Coupon payments' PV equals $35 multiplied by 12.79935 (PV annuity factor, 3.865%, 18 periods) to arrive at $447.98.
$953.29 is the current market price ($505.31 plus $447.98).
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Question 1 of 10
Why do managers care about soft skills when hiring for a technical job?
A. They want to know that the applicant will enjoy corporate events
and activities.
B. They want to be sure the applicant will be able to complete the
assigned tasks.
C. They want to be sure the applicant has no outside interests that
will interfere with work.
D. They want to be sure the applicant can collaborate and work well
with other team members.
D. They want to be sure the applicant can collaborate and work well
with other team members.
Explanation:
Managers do care about soft skills when hiring for a technical job as they want to be sure the applicant can collaborate and work well with other team members. The correct option is d.
What is a technical job?Technical jobs are those that require specific talents and expertise an individual possesses that help them perform a certain task or job. These skills differ from soft skills, which instead describe character and personality traits.
Technical skills are abilities an individual acquires through practice and learning, although a person may bring an inherent propensity for a certain skill. An individual who possesses a particular proficiency for coding, for instance, would have a sought-after technical skill as a job candidate at a software or technology company. Technical job skills are ideal to list on the skill section of a resume because they shine a light on abilities and strengths.
However, it is important to realize not all technical skills at an individual’s disposal should be listed.
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Coming into effect in 1994, NAFTA encouraged free trade between the United States and which two other countries? Question 4 options: a) Japan and China b) Canada and Mexico c) Panama and Brazil d) Canada and Cuba
NAFTA, or the North American Free Trade Agreement, came into effect in 1994 and encouraged free trade between the United States and two other countries B. Canada and Mexico.
NAFTA aimed to promote economic growth by reducing trade barriers and fostering investment between the three member countries. It eliminated most tariffs and other trade restrictions, allowing for the easier flow of goods and services across borders. As a result, businesses and consumers benefited from lower prices, increased trade, and enhanced competitiveness in the global marketplace. The agreement also facilitated cooperation in areas like environmental and labor regulations, setting standards that the member countries agreed to follow.
Overall, NAFTA has played a significant role in shaping the economic landscape of North America, contributing to increased trade and investment between the United States, Canada, and Mexico. Although the agreement has faced criticism for its impact on certain industries and job markets, it has also led to numerous benefits for businesses and consumers in the region. Therefore, the correct option is B.
The question was incomplete, Find the full content below:
Coming into effect in 1994, NAFTA encouraged free trade between the United States and which two other countries? Question 4 options:
a) Japan and China
b) Canada and Mexico
c) Panama and Brazil
d) Canada and Cuba
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Ashleigh hires a group of security staff. Each worker works an average of 80 hours per month at $14/hour. If her monthly labor cost for security workers is $23,520, how many security workers did Ashleigh hire? a) 15 b) 21 c) 36 d) 47
Answer:
b) 21
Explanation:
Each worker works an average of 80 hours per month and earns $14 per hour.
Each employee will earn 80 hours multiplied by $14
=80 x $14
=$1,120
If the monthly labor cost for security worked is $23,520, she has hired
=$23,520/$1,120
=21 security workers
Answer: 21 workers
Explanation:
The __________ shows how the capital is structured in the business, including the value of assets and the amount the firm owes at a specific point in time.
Answer:
balance sheet
Explanation:
The balance sheet shows how the capital is structured in the business, including the value of assets and the amount the firm owes at a specific point in time.
The balance sheet shows how the capital is structured in the business, including the value of assets and the amount the firm owes at a specific point in time.
What is the balance sheet?A balance sheet is defined as a summary of an individual's or organization's financial balances. A balance sheet provides information about a company and its operations. It reveals a company's liabilities, assets, and net worth of the owners' equity.
A balance sheet provides interested parties with information about the company's financial position, allowing them to make informed financial decisions.
Therefore, the balance sheet depicts how capital is structured in the business, including the value of assets and the amount owed at any given time.
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the promark company manufactures a pencil that is about five inches long and has no eraser. it sells the product primarily to golf courses and universities. what type of targeting strategy is the promark company using?
The Premark company is using a niche targeting strategy. A niche targeting strategy focuses on serving a specific and well-defined segment of the market, in this case, golf courses and universities.
The fact that the pencil is small and has no eraser also suggests that it is designed for a specific purpose or use, further emphasizing the niche strategy. This approach allows the company to tailor their marketing and product development efforts to meet the unique needs of this particular segment, which can lead to greater customer loyalty and profitability.
A concentrated targeting strategy is when a company focuses its marketing efforts on a specific and well-defined segment of the population. In this case, Prom ark is targeting golf courses and universities as the primary consumers of their five-inch-long pencil without an eraser.
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peak citrus, an agricultural company, divides and labels fruits on the basis of size and quality. then, they are sold to supermarkets. when peak citrus does this, it is primarily engaging in the marketing function of
When they separate and label fruits according to size and quality, Peak Citrus is largely performing the marketing function of product management. This increases customer attractiveness and value while assisting in meeting the needs.
What does product grading look like?Grading a product involves visually evaluating attributes including flavour, juiciness, and tenderness. The word labels prime, choice, and good are examples of quality grades for beef, veal, and lamb. These grades are determined by nationally defined standards for each food category.
What do standards and grading mean?Grading and standardisation: To grade something is to group it into lots that are roughly comparable in terms of diversity, size, and quality. By inspecting products, grades are given permanency through standardisation.
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Some organizations may choose to have job applicants complete an application form created by the firm, instead of just allowing the employee to write his own. Give ONE (1) key reason why
the firm may prefer to have an application form completed.
Answer:
see below
Explanation:
Job applicants complete an application form created by the employer to gather relevant information from potential employees. One reason employers prefer Job application forms is to gather comprehensive and consistent data from all applicants. This facilitates a fair analysis of applicants' backgrounds.
Application letters and resumes may not have uniform data. The employer designs the application form to ensure they get all the data they require from all applicants. Again, resume's do not include important information such as names and contacts of immediate and past supervisors.