The design team creates multiple inexpensive versions of the product, known as minimum viable products (MVPs) - Prototype.
Spend time gaining an understanding by observing, engaging, and empathizing with customers to understand their experiences and their needs better - Empathize
Analyze observations and information to identify the core problem - Ideation
The design team comes up with solution ideas - Ideation
The design team identifies any additional problems and refines the final solution before the final product is produced and released to customers - Test
What is a Design thinking?Generally, a design thinking means the set of cognitive, strategic and practical procedures used by designers in the process of designing and to body of knowledge that has been developed about how people reason when engaging with design problems. A design thinking is also associated with the prescriptions for the innovation of products and services within business and social contexts.
The term "design thinking" is been used to refer to specific cognitive style, a general theory of design (which is way of understanding how designers work), and a set of pedagogical resources (through which organisations or inexperienced designers can learn to approach complex problems in a designerly way).
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It is important to conduct business research in order to objectively make decisions. Assume you are a supervisor for a manufacturing company, which is experiencing lower sales this year compared to the same period last year. What research would you conduct to determine why sales are lower? What data would you collect and analyze? Which employees would you contact? Which outside consultants, if any, would you contact?
A net loss can be caused by a variety of circumstances, including poor revenues, fierce competition, ineffective marketing initiatives, and increasing cost of products sold (COGS).
While there are several techniques for doing market research, most organizations utilize one or more of the following: surveys, focus groups, personal interviews, observation, and field testing.
What kind of customer research do you do?Interviews, surveys, focus groups, and ethnographic field studies are some of the quantitative and qualitative approaches used in customer research. It may also include conducting desk research on internet reviews, forums, and social media to see what people are saying about a product.
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Question 5 of 10
Which of the following best describes the essential goal of a leader?
A. Being able to profit from the organization
OB. Being able to get people to do what you want them to do
C. Being able to provide energy to employees
D. Being able to hire and fire employees
SUBMIT
Which three statements help define a Market/Fit Hypothesis? (Choose three)
There are the three statements was the based on the defines a market/fit hypothesis are:
Who is the target audience?
Products are the fit to the market.
Product is the satisfy the needs and the wants.
What is Hypothesis?
A hypothesis is the investigation of two independent variables. Furthermore, it is evaluated and tested in an analytical phenomenon. A research hypothesis is a proclamation of expectation or prediction that will be tested through research.
According to the hypothesis, there are the three statement was the based on the market/fit. The product and solution fit to the market problems. Product are the fit to the target audience. Product is the satisfy the needs and the wants.
As a result, the three statements was the based on the defines a market/fit hypothesis.
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Which is not something the government must use to enforce consumer-protection legislation?
production oversight
censorship
product safety testing
hire inspectors
Answer:
censorship
Explanation:
everything else on the list keeps things safe, production oversight helps quality control and sanitary conditions, safety testing helps ensure safety, and inspectors also help do both. censorship doesn't do anything to help these.
Censorship is not something the government must use to enforce consumer-protection legislation. Thus the correct option is B.
What is government?A government is referred to as an administrative body that controls the functioning of any country by implementing rules and regulations and introducing a better standard of living.
The act or concept of eliminating words that are explicit or graphic imagery from a public audience is known as censorship. Additionally, self-censorship exists, which is the practice of holding back on saying particular things.
For the purpose of fighting to spy, all this is utilized. Governments withhold information from their people when they practice censorship of politics. It is common practice to do this in order to exercise control over the public and suppress free speech that could spark an uprising.
Therefore, option B is appropriate.
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Journal entries of cash paid to suman Rs 16800 and discount allowed by him Rs200??
Answer: 16600
Explanation:
Discount is nothing but an Expense.
According to golden rule,Debit all Expenses and Credit all incomes.
The journal entry is a follow:
Suman A/c dr. 16800
Discount A/c dr. 200
To Cash A/c. 16600
In most situations, a small business should keep their business tax records for a minimum of how long
In most situations, a small business should keep their business tax records for a minimum for 3 years. If you don't submit a return, keep records for as long as necessary.
What do you mean by the business tax records?If you file a claim for credit or refund after filing your return, keep records for 3 years from the date of your initial return's filing or 2 years from the day you paid the tax, whichever comes first.
If you submit a claim for a deduction for bad debts or a loss from worthless securities, keep records for seven years.
If you fail to submit income that you should have reported and it represents more than 25% of the gross income listed on your return, keep records for six years.
Therefore, in most situations, a small business should keep their business tax records for a minimum for 3 years. If you don't submit a return, keep records for as long as necessary.
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Calculate interest rate when present value is $460, future value is $968 and years are 11
Answer: i=6.70% rounded up from 6.99767%
Explanation:
Given PV=460, FV=968, n=11,
Find i=?
PV=FV(1+i)^-n
460=968(1+i)^-11
460/968=(1+i)^-1/11
(460/968)^-1/11= 1+i
1.0699767=1+i
1.0699767-1=i
i=0.699767
i=6.70%
Debts that are owed to others are called Liabilities.
a. True
b. False
The least expensive type of marketing research method is a(n)
President of Pakistan
Answer:
Arif Alvi
Explanation:
He is the president of Pakistan since 2018.
Answer: arif alvi
Explanation:
is the president of pakistan he started to be the president of pakistan since 2018
and i do appreciate you.
What is the probability of receiving at least three e-mails during an hour (to 4 decimals)? For this question, if calculating the probability manually make sure to carry at least 4 decimal digits in your calculations. c. What is the expected number of e-mails received during minutes (to 2 decimals)? d. What is the probability that no e-mails are received during minutes (to 4 decimals)?
b) The probability of receiving at least three e-mails during an hour is of: 0.8754 = 87.54%.
c) The expected number of e-mails received during 15 minutes is of: 1.25 e-mails.
d) The probability that no e-mails are received during 15 minutes is of: 0.2865 = 28.65%.
What is the Poisson distribution?In a Poisson distribution, the probability that X represents the number of successes of a random variable is given by the following mass probability function defines as follows:
[tex]P(X = x) = \frac{e^{-\mu}\mu^{x}}{(x)!}[/tex]
The parameters are:
x is the number of successes that we want to find the probability of.e = 2.71828 is the Euler number.[tex]\mu[/tex] is the mean in the given interval or range of values of the input parameter.The daily mean is of 121 e-mails, hence the hourly mean is of:
[tex]\mu = \frac{121}{24} = 5[/tex]
Then the probability of at least three e-mails during the hour is of:
P(X ≥ 3) = 1 - P(X < 3)
In which:
P(X < 3) = P(X = 0) + P(X = 1) + P(X = 2)
Hence:
[tex]P(X = x) = \frac{e^{-\mu}\mu^{x}}{(x)!}[/tex]
[tex]P(X = 0) = \frac{e^{-5}(5)^{0}}{(0)!} = 0.0067[/tex]
[tex]P(X = 1) = \frac{e^{-5}(5)^{1}}{(1)!} = 0.0337[/tex]
[tex]P(X = 2) = \frac{e^{-5}(5)^{2}}{(2)!} = 0.0842[/tex]
Then:
P(X < 3) = P(X = 0) + P(X = 1) + P(X = 2) = 0.0067 + 0.0337 + 0.0842 = 0.1246
Hence:
P(X ≥ 3) = 1 - P(X < 3) = 1 - 0.1246 = 0.8754 = 87.54%.
The mean during 15 minutes is one-fourth of the hourly mean, hence:
5.04/4 = 1.25 e-mails.
The probability of no-emails during the 15 minutes is of:
P(X = 0) = e^(-1.25) = 0.2865 = 28.65%.
Missing InformationIn items c and d, the measure is of 15 minutes, and the description of the problem is given by the image shown at the end of the answer.
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Operational gearing refers to
Operational gearing (also known as operating leverage) describes the relationship between a company's fixed costs (costs that it has to pay, regardless of how many sales it makes) and variable costs (those that rise and fall along with the level of turnover). The higher a firm's fixed costs are as a proportion of total costs, the higher its operational gearing.
Airlines and hotels have high operational gearing, for example, because of their high fixed costs (mainly property and staff) an aeroplane still requires a full complementof staff to get from A to B, regardless of how many seats are filled.
Operational gearing refers to the use of leverage to increase the financial risk taken on by a company or individual.
Operational gearing is achieved by using a combination of debt and equity to finance an operation, such as a business venture or investment. Leverage can be an effective tool for increasing returns, but it also carries with it a greater risk of financial loss.
Operational gearing is often used to fund a business venture or investment in order to increase the potential return on investment. By leveraging debt and equity, an investor can increase their potential return without having to commit additional capital or resources.
The primary advantage of operational gearing is the ability to increase potential returns without having to commit additional capital. This can be especially beneficial for businesses with limited capital, as they can leverage the funds they already have to grow the business. Additionally, operational gearing can be used to hedge against risk and reduce overall volatility.
The primary disadvantage of operational gearing is the increased risk associated with it. Leverage can magnify both potential gains and losses, meaning that an investor can potentially experience greater losses than they would without the use of leverage.
Additionally, operational gearing requires the investor to be able to service the additional debt, which can be difficult if the venture or investment does not generate sufficient cash flow. Operational gearing can also lead to higher taxes for the investor, as interest payments on debt are tax deductible.
Overall, operational gearing is a powerful tool that can be used to increase potential returns on investments. However, it also carries a greater risk of financial loss, so it is important to understand the potential implications before leveraging debt or equity to finance an operation.
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what is disadvantage and advantage of file link system in traditional at one University?
Compared to electronic filing, traditional file organization is more secure, but it still has drawbacks. Typically, electronic files may be accessed across a network, therefore it is feasible for an unauthorized individual to access electronic data via the Internet by employing hacking techniques. Computer viruses and other software security issues can also harm electronic data. On the other hand, electronic data is simple to backup in various locations, minimizing the chance of permanent data loss. Paper files, on the other hand, can be destroyed in fires and floods.
Electronic systems are more sophisticated than traditional file methods, which might make it harder for inexperienced employees to access and change data. To find a file, anyone can search alphabetized filing cabinets. Technical training may be necessary to locate and manipulate information in an electronic database, and user mistakes can lead to unintentional changes or data loss.
a 2% increase in customer retention has the same net effect on a business as decreasing costs by 10%
Customer retention can increase company revenue by 25-95% with a 5% increase. Customers who are returning buy more frequently and spend more money than new customers. They recognize the worth of a product or service and return time and time again.
What is the customer retention percentage?The percentage of existing clients who remain customers after a certain period is referred to as the customer retention rate. Your customer retention rate can help in understanding what keeps customers coming back to your company and can also indicate opportunities to improve customer service.
Acquiring new customers can cost up to five times as much as satisfying and retaining existing customers. A 2% increase in customer accumulation has the same effect as a 10% reduction in costs. Increasing customer retention by 5% boosts profits by 25 to 95%.
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can banks create money?
Answer:
yes
Explanation:
most of the money in our economy is created by banks in the form of banks deposits - eg the numbers that appear in your account. Banks create new money whenever they make loans
I NEED HELPPPP CANT FAIL PLS The time period assumption is a part of what set of principles?
A. AARP
B. NAFTA
C. NEC
D. GAAP
Answer:
D. GAAP
Explanation:
James often feels underappreciated at work and feels as though his quality of
work on projects is unrecognized.
HOW CAN THIS PROBLEM BE SOLVED ?
James should solicit feedback, Inform your management, Be accountable for your contributions, and Let them know how much you appreciate them.
What does your job best for recognizing and appreciating you?They will feel most valued when you provide your staff members with a sense of purpose, success, and community.
Tell them exactly how they contribute and how they fit into the bigger picture of your firm, in addition to how they interact with their teams and the more significant business.
Verify your own worth, Exercise before work, change your attitude, and concentrate on minor victories.
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(Figure: Payoff Matrix I for Blue Spring and Purple Rain) The figure Payoff Matrix I for Blue Spring and Purple Rain refers to two producers of bottled water. Each has two strategies available to it: a high price and a low price. The dominant strategy for Purple Rain is to:
The figure Payoff Matrix I for Blue Spring and Purple Rain refers to two producers of bottled water. Each has two strategies available to it: a high price and a low price. The dominant strategy for Purple Rain is to: always charge a low price.
What is a Payoff Matrix?Generally, In the field of game theory, a description of a game is referred to as normal form. In contrast to extended form, normal-form representations are not graphics in and of themselves; rather, they use matrices to depict the game in question.
The outcomes of the decisions made by players in a game may be represented using something called a reward matrix.
The structure of a game, such as whether players take in turns to do actions or if a player must make a decision without knowing what option the other player will make, is not conveyed by a payout matrix. Components that make into a payoff matrix.
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analysis of marketing perspectives over time. As a business, what perspectives will you use to develop a sustainable business?
A company activity is typically viewed as sustainable if it is both financially feasible and socially and environmentally responsible. Businesses that incorporate ethical business practices and environmental awareness as key components of their growth strategy frequently produce sustainable economic values.
What do you mean by Business?An organization or enterprising entity engaging in commercial, industrial, or professional activity is referred to as a business.
An examination of the market might reveal information about your competitors and potential clients. The following are the main parts of the market analysis: Analyze the broad industrial environment in which you compete through industry analysis. Determines and quantifies the clients you will target for sales through target market analysis.
Therefore, A company activity is typically viewed as sustainable if it is both financially feasible and socially and environmentally responsible.
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please help me i really need help
Answer:
$6,000
Explanation:
What are the three standard forms of equation of a straight line.
Answer:
There are three major forms of linear equations: point-slope form, standard form, and slope-intercept form.
Explanation:
Point-slope : is the general form y-y₁=m(x-x₁) for linear equations. It emphasizes the slope of the line and a point on the line (that is not the y-intercept).
Suppose you took out a 15-year mortgage for $140,000, at an annual rate of 5%. After 5 years, the 15-year mortgage rate dropped to 2%, and you decided to refinance at this low interest rate. (a) how much remains to be refinanced on the second mortgage? (b) how much will your monthly payment be? (c) how much do you save (gain) by refinancing? (write the answer up to 2 decimal places .)
Answer:
a) $112,000
b) $541.67
c) $2,945.00
The fixed costs for Teddy bikes are $ 1000, the variable costs are $855, and the firm's revenues are $950.What should the firm do?
If the variable costs are $855, and the firm's revenues are $950, then the firm should cut down the variable cost in order to increase the profit or revenue as the fixed cost cannot be changed in short run.
What is fixed cost?A fixed cost is a cost that does not fluctuate with the production or sale of more or fewer goods or services.
Rent and leasing charges, salary, energy prices, insurance, and loan repayments are a few examples of fixed costs. There are some taxes that are fixed costs as well, such as company licenses.
Fixed costs are expenses that remain constant regardless of whether sales or production volumes rise or fall. This is so because they are not involved in the actual process of producing a good or providing a service. Fixed costs are therefore regarded as indirect costs.
The term "variable cost" refers to a sort of cost that will fluctuate in response to changes in production levels.
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Sunland company is considering buying a machine for $420000
If Sunland Company is considering buying a machine for $240,000 with an estimated life of ten years and no salvage value. The cash payback period on this investment is: c. 8 years.
How to find the Cash payback periodFirst step is to calculate the depreciation using this formula
Depreciation = Cost of assets - Salvage value / Useful life of assets
Depreciation = $240,000 - $0/10
Depreciation = $240,000/10
Depreciation =$24000
Second is to find the cash flow
Cash flow = Net income +Depreciation
Cash flow =$6000+ $24,000
Cash flow = $30,000
Third step is to find the cash payback period on this investment
Cash payback period = Cost of assets / Cash flow
Cash payback period =$240,000/$30,000
Cash payback period =8 years
Therefore the correct option is C.
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The complete question is:
Sunland Company is considering buying a machine for $240,000 with an estimated life of ten years and no salvage value. The straight-line method of depreciation will be used. The machine is expected to generate net income of $6,000 each year. The cash payback period on this investment is
a. 20 years
b. 10 years
c. 8 years
d. 4 years
All are true about a savings account, except: *
O They earn interest
O They usually are tied to your overdraft protection
O People use them for larger expenses
O They are your day-to-day primary account
What does predatory pricing involve?
government charging tariffs to make foreign products cost more
large company charging below its production cost in order to eliminate competition
several companies making misleading statements about their products
group of companies agreeing on a particular price to charge for their products
Answer:
b) large companies charging below production cost in order to eliminate competition
Cornell Enterprises is considering a project that has the following cash flow and WACC data. What is the project's NPV? Note that a project's projected NPV can be negative, in which case it will be rejected.
WACC: 10.00%
Year 0 1 2 3
Cash flows -$1,475 $470 $480 $490
Cornell Enterprises is considering a project that has the following cash flow and WACC data. The answer should be -132.63NPV (10%, 450,460,470)+(1275).
What are Enterprises?A for-profit firm or company is referred to as a "enterprise" in various contexts, although this usage most frequently refers to entrepreneurial endeavors. Successful entrepreneurs are frequently referred to as "enterprising."
There are various types of legal businesses, but the following are the most prevalent in the United States:
A sole proprietorship is a business that is controlled by a single person, usually for that person's profit. This type of business has limitless liability for any damages that come from the activities of the business.
Partnership: A company controlled by two or more people or entities that share ownership, albeit not necessarily on an equal basis.
Corporation: A for-profit organization established to protect the owner(s) from responsibility in the event that the business is sued. Depending on the number of owners, companies can take on many forms.
Limited Liability Company (LLC) - An LLC gives both the tax benefits of a partnership and the legal protection of a corporation.
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3. Sarah's mom has given her a $100 budget for her birthday present. Sarah knows exactly
what she wants - a new pair of shoes that cost $95. Sarah lives in a state with 5% sales
tax and a city with 1% sales tax. Can Sarah afford the shoes and why?
Explanation:
Sarah's mom has given her a $100 budget for her birthday present. Sarah knows exactly what she wants - a new pair of shoes that cost $95. Sarah lives in a state with 5% sales tax and a city with 1% sales tax. Can Sarah afford the shoes and why?
taxes: 5% + 1% = 6% or 0.06
$95 + ($95 * 0.06)
= $100.70
No, she cannot afford the shoes. She needs $0.70 more to make the purchase.
Suppose that a researcher is interested in estimating the mean systolic blood pressure, μ, of executives of major corporations. He plans to use the blood
pressures of a random sample of executives of major corporations to estimate μ. Assuming that the standard deviation of the population of systolic blood
pressures of executives of major corporations is 25 mm Hg, what is the minimum sample size needed for the researcher to be 99% confident that his esti
is within 6 mm Hg of μ?
Carry your intermediate computations to at least three decimal places. Write your answer as a whole number (and make sure that it is the minimum wholl
number that satisfies the requirements).
Answer:c
Explanation:
What reasons might an 18-year-old have for his/her thin file?