Currently, the Holistic Era - The Marketing Era is where Awake Chocolate sits. In the age of marketing, businesses concentrated on creating goods that consumers wanted to purchase.
What are the marketing eras?According to Keith, there have been four different periods in American history where marketing has developed into the significance it holds now within businesses. The production period, the sales era, the marketing era, and the marketing company era are some of these eras.Era of the Marketing Concept: The marketing concept first appeared in the 1950s. Businesses understood that their purpose for existing was to satiate the demands and desires of customers. Selling the products that businesses can make was not the goal of marketing. It involved determining what to make to meet the requirements and desires of consumers.The Production Concept Era : The general belief was that a high-quality product will automatically sell itself. Due of the high demand and constrained supply of the goods during this era, this strategy was successful for many firms.Learn more about marketing eras refer to ;
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erika wants to become the head of the hr department. although the role comes with a generous salary hike and will put her in charge of several subordinates, she is mainly pursuing this position because she believes she can do the job better than anyone else and wants people to know this. according to mcclelland's theory of needs, which of the following needs is erika primarily driven by in this case?the need for achievementthe need for stabilitythe need for stabilitythe need for stability
Erika has been given the underlying message in the passage that if you don't do this, you are letting your team down.
What does need for achievement meaning?Setting high expectations and working hard to meet them is what it means to have a need for achievement, which is the desire to get exceptional results. The desire to improve things is a recurring one.
According to studies, kids' long-term development of positive wellbeing depends on them having a sense of accomplishment. Another finding from research is that those who have a strong feeling of purpose, perseverance, and success excel at their jobs.
A person's need for achievement (N-Ach) refers to their drive for notable success, skill mastery, authority, or high standards. Henry Murray coined the phrase first, and it has a number of different meanings. These include "difficult-at-hand endeavours that need intense, protracted, and repetitive efforts.
Therefore, the correct answer is option a) the need for achievement.
The complete question is:
Erika wants to become the head of the hr department. although the role comes with a generous salary hike and will put her in charge of several subordinates, she is mainly pursuing this position because she believes she can do the job better than anyone else and wants people to know this. according to McClelland's theory of needs, which of the following needs is Erika primarily driven by in this case?
a) the need for achievement
b) the need for stability
c) the need for stability
d) the need for stability
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the income statement shows the results of business operations for a specific period of time. this statement shows details of the following categories (select all that apply):
The major topics of the income statement are the revenues and expenses incurred by a company during a given time period.
Which financial statement, after expenses and revenues have been subtracted, shows the results of the company's operations over a specified time period?The income statement, which is sometimes referred to as the profit and loss statement, shows how the company fared during the course of its activities for a given period of time. Over a specific time period, data is collected (typically annually, monthly or quarterly). Costs and revenues make up the majority of the income statement.
What does it mean when a corporation makes a statement that condenses its operating performance for a specific time frame?An income statement, a type of financial statement, lets you see the company's revenues and outlays.
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American economic prosperity in the 1920's was driven by the automobile industry. Which of the statements describe the automobile industry in the 1920s?- Automobile production tripled during the 1920s.- The automobile industry stimulated the expansion of the oil, rubber, and steel industries.
The correct response is a. Automobile production tripled during the 1920s.
Production is the process of mixing several inputs, both material (like metal, wood, glass, or polymers) and immaterial (like plans, or information) in order to produce output. In an ideal world, this output would be a product or service that is useful to people and has value. Production theory is the name of the branch of economics that focuses on production. It has a tight connection to economics' consumption (or consumer) theory. Utilizing the first inputs productively leads directly to the manufacturing process and results (or factors of production). Land, labour, and capital are regarded as the three major production components and are known as primary producer commodities or services.
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TRUE/FALSE. in contrast to shareholders, a firm's customers prefer that investors receive a minimum return on their investments.
Customers of a company, as opposed to shareholders, favor that investors get a minimal return on their capital. a. True. b. FALSE. SUMMARY: It is true.
Why is it called a company?
Customers of a company, as opposed to shareholders, favor that investors get a minimal return on their capital. 1. True 2. False SUMMARY: It is true.
A corporation's people's desire to create value is the reason it is termed a company. The Latin word produco, which means to lead forth or bring forward, is where the word "to produce" first appeared. Old French, which is the origin of the word "company," is a synonym for compaignie or friendship. Moreover, the word "business" has its roots in Old English, where busy and -ness were combined.
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which of the following is the best example of apple appealing to a demographic trend in the consumer market?
Is the best example of apple appealing to a demographic trend in the consumer marketFall detection and emergency SOS for the aging Baby.
A product may be targeted towards a specific age group or general cohort.A well-chosen target market embodies the following characteristics size, profitability,accessibility,and limited competition.As part of the company's work to achieve its 2030 goal, Apple has reduced its emissions by 40 percent since 2015, largely through improvements in energy efficiency,low-carbon design, becoming carbon neutral for corporate operations, and transitioning its supply chain to renewable electricity.Researchers use demographic analysis to analyze whole societies or just groups of people.Some examples of demographics are age,sex,education, nationality,ethnicity,or religion, to name a few.One demographic you can consider in your of in these age groups.
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while the motor carrier industry does not receive any direct government promotion, they still benefit from
the fact that most highway projects are done actually the motor carrier industry uses three times more fuel than the airlines.
Economic interdependence leads to more trading opportunities. Increased trade among countries promotes the exchange of goods and creates more earning opportunities at the national and international levels among various modes of transport road,rail,aviation,and navigation road transport is the largest consumer of diesel and petrol fuel energy in the country.so first of all, we are supposed to know that the most important factor which competes with the motor carrier is the transportation of vehicle through rules for short-distance deliveries the road transport is the most cost-efficient mean of transport.A common carrier is a person or a commercial enterprise that transports passengers or goods for a fee and establishes that their service is open to the general public.Typical examples of common carriers include, a shipowner,railroad, airline, taxi service, etc.A common carrier is a private or public entity that transports goods or people for a fee.Utility companies and telecommunications companies also are considered common carriers.
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an example of a(n) is the music industry, in which a few giant companies are behind many of the labels and artists known to consumers. group of answer choices proprietorship oligopoly monopoly conglomerate
The pertinent situation where a few giant companies are behind many labels and artists known to consumers is example of an oligopoly.
Oligopoly is a market structure where it is dominated by a small number of large sellers.
Few example of Oligopoly are:-
Computer Industry , where only two names are existing till date which are windows and apple, they are controlling the whole market which makes it impossible for other competitiors to survive in the league.
Another example of Oligopoly would be the the car manufacturing industry where only few names dominate over the whole market such as Mercedes, BMW, Toyota etc.
Oligopoly is considered as a malpractice in path of growth of any set of industry.
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whereas markets were previously organized around the production and circulation of , scott lash and celia lury propose that today serve this function.
Scott Lash with Celia Lury argue that "brands" now perform the role of the "commodities" that formerly served as the basis for market organization.
Explain the terms commodities and brands?Commodities;
A product is really a finished commodity sold to consumers, whereas a commodities is a raw material utilized in the production method to produce finished goods.A commodity that can be grown, collected, or mined does not gain any value.In addition to being purchased and sold in its physical forms, commodities can also be traded through exchanges through futures markets, stocks, and ETFs.Brands:
Products made by brands are distinctive and highly coveted by its customer base. Customers of theirs exhibit some brand loyalty by looking for those particular products in the marketplace. Customers that buy brands are less inclined to substitute goods based on availability + price. Customers that buy brands are less inclined to substitute goods based on availability + price. They don't care if a certain product is more widely available than their preferred brand.Thus, Scott Lash with Celia Lury argue that "brands" now perform the role of the "commodities" that formerly served as the basis for market organization.
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The correct question is-
Whereas markets were previously organized around the production and circulation of ____________, Scott Lash and Celia Lury propose that today ____________ serve this function.
economics; emotionsa company's ideology; participatory culturescommodities; brandsthings; symbolscomplete the following sentence with the correct numbers: having tioli power, boudica will offer to arthur (in round numbers) archers in exchange for knights, leaving arthur with a post-exchange pareto-efficient allocation of archers and knights. arthur accept. (hint: first determine what post-exchange allocation boudica will offer to arthur; you can do that by substituting the equation for the pareto-efficient curve into arthur's participation constraint (as indicated in m-note 4.5 in the textbook). then compare the initial allocation with the post-exchange allocation, to find what is the specific exchange that boudica needs to offer in order to reach this post-exchange allocation)
Boudica (B) and Arthur (A) are both homo economicus engaging in exchange Boudica Having TIOLI power, Boudica will offer to Arthur (in round numbers) .
How do you calculate Pareto efficient allocations?It is crucial to establish if a Pareto improvement is feasible before deciding whether a given allocation is Pareto efficient. In other words, is it possible to improve one person's situation without impairing someone else's? A Pareto improvement is achievable in the aforementioned situation.If the slopes of the two individuals' indifference curves passing through the allocation are equal, or tangent, then the allocation is Pareto optimum. The allocations that person #1 likes more than the allocation are the allocations that person #2 likes less if the indifference curves through the allocation are tangent.To learn more about pareto-efficient refer to:
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cyrus has a good job and can afford an apartment with comfortable furniture and plenty of food. but because of political unrest and street violence in his town, he is considering uprooting himself and applying for a visa to move to another country. according to maslow, cyrus' concern reflects a desire to satisfy his
According to maslow, cyrus' concern reflects a desire to satisfy his safety needs.
Abraham Maslow, an American psychologist, proposed that a hierarchy of psychological needs underlies human decision-making in a 1943 paper titled "A Theory of Human Motivation." Maslow suggested that five basic needs serve as the foundation for human behavioral motivation in both his initial paper and the book Motivation and Personality that followed in 1954.
Basic needs are located at the base of the pyramid and higher-level, intangible needs are located at the top according to Maslow's theory. When one's basic needs are sufficiently met, they can then proceed to addressing higher-level needs.
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Which of the following is not one of the IT innovations changing the world of business today?A) IoTB) Big dataC) The mobile digital platformD) Cloud computingE) Business intelligence
Another of the following advancements in IT that is not currently impacting the corporate landscape is cloud computing.
What is the most accurate way to define business?A business is an organization or entrepreneurial entity involved in the financial, industrial, or commercial world. Businesses can only be for-profit entities or nonprofit organizations. There are many different types of businesses, including corporations, partnerships, limited liability companies, and sole proprietorships.
Why is business important? What is business?The business sector is where jobs are found. In any nation, it generates job possibilities for a sizable number of individuals. Both managerial and technical professions in company demand a variety of workers. The growth of trade and industry is assisting in addressing the nation's employment issues.
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Contingent liabilities that are probable but cannot be reasonably estimated are disclosed in the:
a.notes to the financial statements.
b.retained earnings section of the statement of stockholders' equity.
c.long term-liabilities section of the balance sheet.
d.current liabilities section of the balance sheet.
Contingent liabilities that are probable but cannot be reasonably estimated are disclosed in the current liabilities section of the balance sheet. A contingent liability company is one that may arise as a result of the outcome of a specific event.
It is a potential obligation that may or may not exist depending on how a future event plays out. When a contingent liability can be estimated, it is recorded; otherwise, it should be disclosed. Current and contingent liabilities are both critical financial issues for a company. The primary distinction between the two is that a current liability is an amount you already owe, whereas a contingent liability is an amount you may owe depending on how certain events unfold.
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The separation that occurs when producers possess products they do not want to consume and consumers want products they do not own is separation of
The board of directors' weakening of Kalanick's authority. By being adaptable, creative, and quick to respond to changes in the market, this kind of culture tries to create innovative products (new drugs).
Which kind of culture is internal-focused and emphasizes control over flexibility and stability?
Internal stability and control over flexibility are valued in a hierarchy culture. Flexibility is valued and an external focus is present in an adhocracy culture.
When chiefs and representatives inside a similar division are united in cross practical?
At the point when chiefs and representatives inside a similar division are united in cross-practical groups to take care of specific issues, their organization is utilizing a group based plan. As per Chester I. Barnard, an association is comprised of something like one individual who endeavors day to day to accomplish the association's objectives.
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T/F the course evaluation questionnaire helps to maintain the quality of padi courses and to recognize instructors for outstanding performance.
The course evaluation questionnaire helps to maintain the quality of PADI courses and to recognize instructors for outstanding performance is a true statement.
What is the purpose of the course evaluation?
Course evaluation questionnaires cover various aspects of the course, such as the course structure, professor feedback, course content feedback, teaching aids, and so on. Academic staff members can improve their teaching techniques based on this information, and the university can provide better educational opportunities.
An evaluation system consists of three basic components: indicators, evaluation questions, and intervention logic. The three main types of evaluation approaches are goal-based evaluation, process-based evaluation, and outcomes-based evaluation. Goal-based evaluations determine whether or not objectives have been met. Process-based evaluations look at the benefits and drawbacks. Formative and summative evaluations are not mutually exclusive.
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indicate whether each of the following statements is true or false. statement true false 1. there can be no gains from trade between two countries if one of them has an absolute advantage in the production of all goods. 2. comparative advantage determines the gains from specialization and trade. 3. if a certain trade is good for one country, it can't be good for the other country. 4. two individuals can benefit from specialization and trade if they agree upon a price that lies between their opportunity costs of producing the good. 5. when a country opens to trade, people working in industries producing goods that the country exports are harmed by the trade.
There can be no gains from trade between two countries if one of them has an absolute advantage in the production of all goods.- False
Give a brief account on comparative advantage.If an economy can produce a particular good or service at a lower opportunity cost than its trading counterparts, it has a comparative advantage.Trade is favorable for firms, governments, and people alike, according to the comparative advantage principle. Comparative advantage, when used to describe international trade, refers to the goods that one country can produce more easily or more affordably than another. While this typically demonstrates the positive effects of trade, some modern economists also recognise that concentrating simply on comparative advantages can lead to resource exploitation and depletion in a nation. David Ricardo, who wrote "On the Principles of Political Economy and Taxation" in 1817, is typically credited with developing the law of comparative advantage. However, James Mill, Ricardo's mentor and editor who also wrote on the topic, may have been the first to propose the concept of comparative advantage.
Solution to the question :
1. There can be no gains from trade between two countries if one of them has an absolute advantage in the production of all goods.- False
2. Comparative advantage determines the gains from specialization and trade. - True
3. If a certain trade is good for one country, it can't be good for the other country. False
4. Two individuals can benefit from specialization and trade if they agree upon a price that lies between their opportunity costs of producing the good. True
5. When a country opens to trade, people working in industries producing goods that the country exports are harmed by the trade. - False
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Netflix uses ________ analytics to suggest which movies we should watch as well as to develop new content that it is confident we will like.
A. cultural
B. regional
C. predictive
D. demographic
E. cost
C. Predictive
Netflix uses predictive analytics to suggest which movies we should watch as well as to develop new content that it is confident we will like.
Define predictive analytics.The use of data, statistical algorithms, and machine learning approaches to identify the likelihood of future events based on previous data is known as predictive analytics. The objective is to provide the best prediction of what will happen in the future, rather than just knowing what has happened.
What is predictive analytics?Predictive analytics is a subset of advanced analytics that uses previous data to create predictions about future events using statistical modelling, data mining techniques, and machine learning.
Where is predictive analytics used?Predictive approaches are used to make significant judgements in industries and professions such as insurance and marketing. Predictive models aid in the development of weather predictions, video games, voice-to-text messaging, customer service choices, and investment portfolios.
Which language is used for predictive analytics?The open source R analytics language, as well as the Python and Scala computer languages, are widely utilised in predictive analytics applications.
Is predictive analytics part of AI?Enterprise AI relies heavily on predictive analytics. Enterprise AI systems operate as "prediction engines," giving insights to drive actions that improve company operations and performance.
Does predictive analytics require coding?Some Data Analysts must code on a daily basis, however coding abilities are not normally essential for careers in data analysis.
Is Python used for predictive analytics?A Python predictive model anticipates a certain future output based on trends discovered in past data. Essentially, you train a model that finds particular patterns in prior data so that it can predict outcomes such as future sales, disease contraction, fraud, and so on.
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XYZ Corporation purchases 3,000 shares of its $50 par value common stock for $180,000 cash on July 1. It will hold the shares in the treasury until resold. On November 1, the corporation sells 1,000 shares of treasury stock for cash at $70 per share. Journalize the treasury stock transactions.
The journal transactions for treasury stock:
Date. Particulars. Debit($). Credit($)
Jul-01. Common stock. 150000
Paid up
capital excess
of par. 30000
Bank 180000
(Being 3000 shares purchased)
Nov-01. Bank. 70000
Common stock 50000
Paid up capital
excess of par. 20000
(Being 1000 shares issued from treasury
stock)
What is a journal entry?
The act of maintaining or creating records of any transactions, whether they are financial or not, is known as journaling.
An accounting journal lists transactions and displays a company's debit and credit balances. The journal entry may have many entries, each of which is either a credit or a debit. The journal entry is deemed to be imbalanced if the total of the debits does not match the total of the credits.
Journal entries can list one-time or ongoing events, such bond amortisation or depreciation. Accounts payable normally has its own subledger that indirectly impacts the main ledger, and journals entries in accounting software are typically entered using a distinct module from those. Consequently, journal entries immediately alter the balances of the accounts on the general ledger. An accurate date, the amount(s) that will be debited, the amount that will be credited, a description of the transaction, and a special reference number are all required for a journal entry to be correctly documented (i.e. check number).
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XYZ Corporation purchases 3,000 shares of its $50 par value common stock for $180,000 cash on July 1. It will hold the shares in the treasury until resold. On November 1, the corporation sells 1,000 shares of treasury stock for cash at $70 per share. Journalize the treasury stock transactions.
create a 5-year proforma for a 10-bay, 30,000 sf retail acquisition using the characteristics listed below. please include debt payment schedule as well assumptions for closing costs and reserves. please show any other info you deem as pertinent.
A pro forma is a financial projection that estimates the future performance of a property.
To create a pro forma for a retail acquisition, you will need to gather information about the property, such as its income, expenses, and financing. Due to a lack of information, it is difficult to create a financial pro forma. Thus, we cannot address the question properly. However, we can provide you with information on how to create a pro forma and what to include in it.
Here is an example of what a 5-year pro forma for a 10-bay, 30,000 sf retail acquisition might look like:
Year 1:
Revenue: $3,000,000 (assuming an average of $100,000 per bay)Operating Expenses: $1,200,000 (including property taxes, insurance, maintenance, etc.)Net Operating Income (NOI): $1,800,000Debt Service: $1,200,000 (assuming a 75% loan-to-value ratio and a 5% interest rate)Cash Flow: $600,000Year 2:
Revenue: $3,150,000 (assuming a 2% increase in rents)Operating Expenses: $1,230,000 (assuming a 2% increase in expenses)NOI: $1,920,000Debt Service: $1,200,000Cash Flow: $720,000Year 3:
Revenue: $3,303,000Operating Expenses: $1,253,200NOI: $2,049,800Debt Service: $1,200,000Cash Flow: $849,800Year 4:
Revenue: $3,459,590Operating Expenses: $1,277,672NOI: $2,181,918Debt Service: $1,200,000Cash Flow: $981,918Year 5:
Revenue: $3,619,929Operating Expenses: $1,302,971NOI: $2,316,958Debt Service: $1,200,000Cash Flow: $1,116,958This is a very basic example of a pro forma and does not include all the costs and reserves. You may also want to consider factors such as tenant turnover, lease renewals, and potential changes in the local market when creating your pro forma.
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se the following comparative balance sheets and additional information to answer questions (1) through (4).
MKH Company
Comparative Balance Sheets
For the year ended December 31
20X1
20X0
Change
Current assets
Cash
$324,700
$217,600
$107,100
Accounts receivable
132,600
165,200
(32,600)
Inventory
175,100
137,200
37,900
Prepaid rent
25,500
14,400
11,100
Total current assets
$657,900
$534,400
$123,500
Long-term assets
Land
$326,400
$345,600
($19,200)
Equipment (net)
321,300
356,300
(35,000)
Total long-term assets
$647,700
$701,900
$(54,200)
Total assets
$1,305,600
$1,236,300
$69,300
Current liabilities
Accounts payable
$145,800
$131,200
$14,600
Salaries payable
18,700
4,800
13,900
Interest payable
32,300
27,200
5,100
Total current liabilities
$196,800
$163,200
$33,600
Long-term liabilities
Bonds payable
$321,400
$469,800
($148,400)
Stockholders' equity
Common stock
$535,800
$434,900
$100,900
Retained earnings
251,600
168,400
83,200
Total liabilities and equity
$1,305,600
$1,236,300
$69,300
Additional Information for MKH Co. in 20X1:
1. Net income for year 20X1 was $216,000.
2. The company declared and paid a cash dividend of $132,800.
3. The only posting to the net equipment account was for depreciation expense of $35,000 (i.e., no equipment was sold).
4. MKH sold land worth $19,200 for $8,000 cash.
5. The company retired $148,400 worth of bonds payable at the beginning of the year.
1. What was the loss on the sale of land recorded by MKH Company in 20X1?
$11,200
$8,000
$0
$19,200
2. What were MKH Company's cash flows from (for) operating activities in 20X1?
$268,200
($180,300)
$279,400
$233,100
3. What were MKH Company's cash flows from (for) investing activities in 20X1?
$11,200
$0
$19,200
$8,000
4. What were MKH Company's cash flows from (for) financing activities in 20X1?
($47,500)
($97,100)
($180,300)
($116,500)
With the help of the MKH Company additional information and Comparative Balance Sheets the answers to the questions are as follows:
1. MKH Company registered a loss on the sale of the property in 20X1 of $11,200. (Land worth $19,200 sold for cash at a price of $8,000)
2. The cash flows from operating activities of MKH Company in 20X1 are $268,200. (Net Income of $216,000 plus Depreciation of $35,000 – Change in Accounts Receivable of $(32,600) – Change in Inventory of $37,900 – Change in Prepaid Rent of $11,100)
3. The $8,000 in cash flows from investment operations in 20X1 at MKH Company. ($8,000 in cash was earned from the selling of land)
4. The cash flows from financing activities of MKH Company in 20X1 are $. (180,300). (Dividends received in cash of $132,800 plus bonds repayable of $148,400)
The net income for MKH Company in 20X1 is $216,000. $132,800 in cash was distributed as a dividend by the corporation. Operating activity cash flow is $268,200, investment activity cash flow is $11,200, and financing activity cash flow is ($180,300).
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a(n) blank is maintained for each financial statement item, whereas a(n) blank contains all of the accounts of the company.
While a general ledger comprises all of the company's accounts, a separate account is kept for each line item on the financial statement.
What is a financial statement?The term "financial statement" refers to a document that presents organized, simply understandable formal records of all financial transactions and position of any institution, including businesses. To provide an accurate record of all business activity relevant to each financial statement item, an account is kept for each line item on the statement.
What Is a General Ledger?With debit and credit account entries verified by a trial balance, a general ledger serves as the mechanism for maintaining a company's financial data. It offers a record of each financial transaction that occurs during the course of an operational company's existence and maintains account data required to create the company's financial statements. Transaction data is divided into accounts for assets, liabilities, owners' equity, income, and expenses according to the type of transaction.
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when the price of a good changes in a market, please choose the correct answer from the following choices, and then select the submit answer button. answer choices the market will move toward a new equilibrium. the opportunity cost of the good will not change. the market will remain in equilibrium. individuals will not have an incentive to change their buying decisions.
the price of a good changes in a market, the market will remain in equilibrium.
A market brings buyers and sellers of goods or services together and encourages commerce between them. These markets include anything from haggling in open-air markets to doing online transactions with strangers all across the world.
A market is made up of buyers who are willing and able to buy a specific good and suppliers who are ready and eager to supply the good. The price is established by the market, which brings together those who provide and demand the commodity.
For instance, the quantity of apples a person would be willing and able to purchase each month relies in part on apple price. If the sole variable is price, then a consumer is willing and able to purchase more apples at lower pricing. The quantity of apples demanded declines as the price increases (again, assuming everything else remains the same). This connection between a product's price and demand for it in terms of quantity is captured by the Law of Demand. It asserts that the price of a good and the amount desired are inversely (or negatively) related.
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Analyze a product or service offered by your organization in terms of the three levels of product. What is the core benefit? How important are product services at the augmented product level to the overall ‘offer’?
Core product, actual product and augmented product are the three levels of product.
What is a product's primary benefit?
the fundamental need or desire that is satisfied by the product or service by consumers.
How important are product services at the augmented product level to the overall ‘offer’?
Product augmentation is used by brands to give their customers more value. It means that customers pay the same amount for both the main product and some extras. This helps businesses increase their market share and gain a competitive advantage. In point of fact, this is beneficial to both parties.
What are the advantages of product enhancement?Customer loyalty can be strengthened through product enhancements. With product enhancement, businesses can retain existing customers while acquiring new ones. If customers receive complementary products, they are more likely to continue shopping at a retail establishment.
What's the significance of product level?Product levels are used by salespeople to figure out exactly how a product can meet the different needs, wants, and demands of customers. By adjusting and adding products that appeal to customers at a variety of value levels and categories, businesses can accomplish this.
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this activity is important because marketing managers use the controllable marketing mix factors known as the 4ps to create value. the marketing mix factors which include product, price, promotion, and place (distribution) are the tools the marketing manager uses to develop a marketing program to reach consumers. The goal of this exercise is to demonstrate your understanding of the controllable marketing mix factors: product, price, promotion and place (distribution).
Identify which marketing mix factor is described in each example.
1. A friend recommends a new restaurant that you need to check out
(Click to select) Product Price Place (Distribution) Promotion
2. You pay your college tuition for this semester
(Click to select) Product Price Place (Distribution) Promotion
3. A new personal assistant app for the iPhone
(Click to select) Product Price Place (Distribution) Promotion
4. Walmart’s website offers thousands of products that you can purchase
(Click to select) Product Price Place (Distribution) Promotion
5. You pay $10 to park your car at the arena to see the big game
(Click to select) Product Price Place (Distribution) Promotion
6. Flyer for a lawn care company stuck in your mailbox
(Click to select) Product Price Place (Distribution) Promotion
7. Your aunt hosts a Thirty-One party at her house where she sells colorful bags and totes
(Click to select) Product Price Place (Distribution) Promotion
figuring out which aspect of the marketing mix is discussed in each scenario. 1. A buddy suggests that you try out a brand-new eatery called Promotion. 2. You pay the price of this semester's college tuition.
3. An updated iPhone personal assistant software called Product. 4. Walmart's website features hundreds of items available for purchase. 5. Cost of parking at the arena to watch the big game is $10. 6. Promotional flyer for a lawn care company dropped in your mailbox. 7. Your aunt sells vibrant totes and purses at her house, where she also throws a Thirty-One party. Marketing describes the actions a business does to encourage the purchase or sale of a good or service. Advertising, selling, and delivering goods to customers or other firms are all included in marketing. Affiliates perform some marketing on behalf of a business.
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cuba is a command economy that suffered a decline in economic growth because of a cut in the aid provided by the former soviet union when the latter collapsed. as a consequence, cuba experienced an shift of its production possibilities curve.
The collapse of the Soviet Union caused a major decline in economic growth for Cuba as it was heavily reliant on the aid provided by the Soviets.
This shift in production possibilities caused by the decline in aid resulted in Cuba having a smaller output of goods and services, leaving the Cuban people with fewer resources and having to make difficult economic decisions. This decline in economic growth caused by the collapse of the Soviet Union resulted in a shift of Cuba's production possibilities curve, where fewer resources are available to produce goods and services, resulting in a lower output of products.
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The conversion period is 31 days after termination from group coverage. This means the individual must apply for individual coverage within 31 days after the date of group coverage termination. The extension does not apply because Tim notified his employees of the conversion right.The correct answer is:
If the group life insurance policy or coverage for a class of insureds ends, insureds who have been covered under the group life insurance policy for at least three years may convert $10,000 or the amount of terminating group life insurance, whichever is less.
What is the life insurance conversion period?A term-to-permanent life insurance conversion, often known as a "term-to-perm" conversion, allows you to increase the length of your life insurance coverage. You may currently hold a 10-, 15-, 20-, or 30-year term life insurance policy. Rather than letting it lapse, you may be able to switch it for a permanent insurance without having to undergo a new medical exam.
A conversion privilege ensures coverage and fixed premium payments for a predetermined number of years regardless of the health of the insured.
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efers to the unpleasant scenario where high levels of unemployment are combined with economic stagnation and inflation.
Stagflation refers to the unpleasant scenario where high levels of unemployment are combined with economic stagnation and inflation.
Economics is the study of scarcity and how it affects how resources are used, how commodities and services are produced, how production and welfare increase over time, and a wide range of other complicated concerns that are extremely important to society. Economics is the study of how individuals and groups allot limited resources for production, distribution, and consumption. Economics is a science that examines how people behave in respect to finite resources that might be used for other purposes. Microeconomics and macroeconomics are the two subfields of economics. Efficiency in production and exchange is the main concern of economics. People who study economics are better able to comprehend their surroundings. It makes it possible for individuals to comprehend other people, organisations, markets, and governments, enabling them to better react to the challenges and possibilities that arise as circumstances change.
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moderation requires . multiple select question. choosing a variety of foods from all food groups planning your daily eating pattern paying attention to portion sizes of foods
Requirement of Moderate Eating :
1. Choosing a range of foods from across all dietary groups is necessary for moderation.2. Organizing your daily meals, paying attention to food portionsDefine the term moderation in foods?The restraint of excess is the definition of moderation. In terms of nutrition, eating with moderation is the act of merely taking in as much food as your body needs to stay healthy.
Guidelines for Moderate Eating:
A smaller dish or bowl is preferable. Eat food from a serving plate rather than straight from the package so you can control how much you consume.Consume the portion size suggested on the nutrition label.To stay in touch with how you're feeling when eating, keep distractions like watching TV or using your phone to a minimum.Try eating slowly and with extra patience. Putting your dining utensil down between bites could be useful.To know more about the moderation, here
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the complete question is-
Explain the requirement of moderation?
understanding context is an analytical skill best described by ?
Adding descriptive headers to columns of data in a spreadsheet. Gathering additional information about data to understand the broader picture.
The ability to solve problems analytically allows you to go through data to come up with original, logical solutions. An analytical individual in the business concentrates on interpreting the data and applying logical thinking techniques to find a solution.
It's critical that you can effectively present your analytical talents on a resume because they are crucial in many professions. An excellent strategy to showcase your competency and possibly improve your chances of success is to give concrete examples that show off your analytical abilities.
"When I make a decision, I make sure I have all the necessary facts and apply logic and reasoning. I then weigh the many choices and gauge the possibility of each possibility using the information.
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Providing informative headers to a spreadsheet's data columns. collecting more information about the data to grasp the bigger picture.
The capacity to resolve issues Analytical thinking enables you to sort through facts to generate novel, sensible answers. An analytical person in the workplace focuses on analysing the facts and using logical thinking strategies to come up with a solution.
Your ability to properly showcase your analytical skills on a resume is essential because they are necessary in many jobs. Giving specific instances that demonstrate your analytical skills is a great way to demonstrate your proficiency and perhaps increase your chances of success.
"Before I decide, I check to see that I have all the required information and use logic and reasoning. I use the knowledge to assess my various options and determine how likely each option is.
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Note: The correct question would be as bellow,
What do you understanding context is an analytical skill best described by ?
Explain in which era of marketing that Awake Chocolate currently resides. Describe some ways in which the
company can move beyond the current stage into the next era of marketing.
Answer:
Awake Chocolate currently resides in the era of digital marketing. This era is characterized by a focus on digital platforms such as search engine optimization, social media, and online advertising. The company can move beyond this stage by utilizing data analytics to understand customer preferences and buying habits, and to optimize campaigns and strategies. Additionally, they can further utilize artificial intelligence to personalize messages to customers, automate marketing processes, and develop more effective content. Finally, they can also expand their use of virtual reality and augmented reality to create more immersive and engaging experiences for customers.
Explanation:
assume there are no transportation costs. with trade, the price of $15 brings about balance in exports and imports. at this price, 600 smartphones are traded. with trade, sweden produces smartphones and consumes smartphones, and norway produces smartphones and consumes
Assume there are no expenses for transportation. The exchange rate in trade creates equilibrium in exports and imports. Smartphones are traded at this cost. Assume there are no expenses for transportation. The $22.5 price in commerce results in a balance between exports and imports.
How would you define transportation?
Transportation is the movement of people, products, and other objects between locations via a variety of ways.Any of the various forms of transport infrastructure that are used to move people or goods are considered means of transport. Vehicles, riding animals, and pack animals might be among them. Wagons, cars, bicycles, buses, trains, trucks, helicopters, boats, spacecraft, and airplanes are all examples of vehicles.
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