When a customer is looking for a specialty goods because they know exactly what they want to purchase and won't accept a substitute.
What exactly is a marketing specialty good?Consumer goods and services that have distinctive qualities or brand recognition and for which a sizeable segment of customers is willing to go above and beyond to make a purchase are referred to as specialty items.
Consumer goods are classified as speciality goods. Three subcategories of consumer goods are retail, specialty, and convenience. The classification scheme is determined by how individuals shop.
Because speciality items have particularly distinctive qualities and brand identifications, a substantial segment of consumers is willing to make special purchase attempts for them. Examples include high-end autos, specific brands of luxury items, equipment for professional photographers, and designer apparel.
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refer to stock market boom 2015. what happens to the expected price level and what impact does this have on wage bargaining?
According to stock market boom of 2015, the expected price level rises. Bargains are struck for higher Wages.
A stock market, equity market, or share market is the collection of buyers and sellers of stocks, which represent ownership claims on companies; these securities may include stock that is only traded privately, such as shares of private companies that are offered to investors through equity crowdfunding platforms, as well as stock that is listed on a public stock exchange.
An investing plan is often included when making an investment. Other forms of assets, such derivatives for fixed-interest securities (bonds), which are more likely to be sold over-the-counter, may also be covered by stock exchanges.
Hence the correct option is B.
The above question is incomplete, the complete question is-
Refer to Stock Market Boom 2015. What happens to the expected price level and what impact does this have on wage bargaining?
A. The expected price level falls. Bargains are struck for lower wages.
B. The expected price level rises. Bargains are struck for higher wages.
C. The expected price level rises. Bargains are struck for lower wages.
D. The expected price level falls. Bargains are struck for higher wages.
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sanjay, an industrial equipment sales rep, purchases a quick snack to eat on the way to work. he buys lunch while on the road visiting customers, and grabs bread and milk on the way home when he stops to buy gas. sanjay probably does most of this shopping at a
Sanjay, a sales representative for industrial equipment, pauses for a quick snack on the way to work. On his way home, he stops at a convenience store to pick up milk and bread before having lunch and watching customers.
Which three industrial subcategories are there?Obtaining raw materials is the primary goal of the mining, agricultural, and fishing industries. Manufacturing includes the creation of goods like steel and autos in the secondary industry. Teaching and nursing are examples of tertiary sectors that offer a service.
Give an example of a job in the industrial sector.1. Sector of Industry. Those who actually manufacture products or transform raw materials into finished or almost finished commodities are included.
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mike's portfolio has a 2-year expected return of 21.70%. what is the expected return for one year? group of answer choices 12.50% 10.85% 14.22% 13.33%
The predicted return for Mike's portfolio over the next two years is 21.70%, and the expected return over the next year is 10.85%, according to the question.
What does income return mean?
The proportion of a bank's total returns that came through income distributions is known as the income return. For bond funds, income return will frequently be larger than capital return, while for stock funds, it will typically be lower. The fund's total return is determined by adding both income return as well as the capital return together.
What distinguishes a tax from a return?
As a result, income taxes are the taxes that must be paid on income, and income tax return seems to be the annual record all income and tax information that the assessee must submit to the tax office.
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a 18-year, semiannual coupon bond sells for $1,020.37. the bond has a par value of $1,000 and a yield to maturity of 6.66 percent. what is the bond's coupon rate?
The coupon rate is the annual income an investor can expect to receive while holding a particular bond.
Divide the annual coupon charge with the aid of the wide variety of bills according to yr. as instance, if the bond will pay semiannually, divide the coupon charge with the aid of 2. Multiply the result by the bond's face fee to get the coupon payment.
A semiannual bond compounds twice as a good deal as an annual bond. If winning costs are decreased than the bond's hobby fee, an annual bond may have a higher rate than its semiannual dual, because bond buyers are willing to pay extra for the greater six months of the relatively high accumulated hobby.
The formulation for the duration is a degree of a bond's sensitivity to changes within the hobby fee, and it is calculated by dividing the sum made of discounted destiny cash inflow of the bond and a corresponding variety of years by means of a sum of the discounted future cash inflow.
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king supply maintains its internal inventory records using perpetual fifo, but for financial reporting purposes, reports ending inventory and cost of goods sold using periodic lifo. at the beginning of the year, the company had a balance of $31,000 in its lifo reserve account. by the end of the year, internal records reveal that fifo ending inventory is $50,000 greater than lifo ending inventory. record the year-end adjusting entry for the lifo reserve.
LIFO reserve = FIFO inventory cost - LIFO inventory cost
FIFO's year-end inventory is $81,000 greater than LIFO's year-end inventory.
Hence, LIFO reserve = $81,000
LIFO reserve beginning balance = $70,000
Hence, adjustment to being made for LIFO reserve = 81,000 - 70,000
= $11,000
stock (American English) or stock (British English) refers to the goods and substances that a business holds for the ultimate aim of resale, manufacturing or utilisation. stock control is a discipline ordinarily approximately specifying the shape and site of stocked goods. it's far required at one-of-a-kind places inside a facility or within many places of a deliver community to precede the ordinary and planned route of manufacturing and inventory of substances.
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Assessment A risk assessment for a country that includes all country risk variables, but excludes factors which are specific to a particular firm. An assessment that focuses on the risk of a country as it pertains to a specific MNC or type of business.
Option:
Micro Assessment of Country Risk Macro Assessment of Country Risk
A micro-assessment of country risk takes into account all factors that influence it, with the exception of those that are specific to a given company or industry.
What is micro-assessment?
A micro-assessment is a brief, narrowly targeted evaluation that supports planning and decision-making. A micro-assessment is used to rapidly and conveniently gather information that is necessary for decision-making, setting goals or directions, or performing high-level or early planning.
A micro-assessment is a practical technique to swiftly pay more attention to more things, such as gathering the information required to support the business case for certain security enhancements. For teachers looking to gain a deeper understanding of students' development over the course of the term, micro-assessments present an exciting possibility. They also support both in-person and online learning environments and promote increased involvement.
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When events generated by a random process have deviated from the population average in a short run, individuals may erroneously believe that the opposite deviation becomes more likely. This summarizes the _____.
Answers:
illusion of control
gambler's fallacy
switching and double switching
inherent memory bias
This event summarizes the inherent memory bias.
What is a memory bias?A memory bias is a cognitive bias that modifies the content of what we remember, which either makes it easier or harder to recall a memory. These memory aberrations demonstrate that memories are not precisely maintained as copies of reality. Gordon Bower, a cognitive psychologist, argues that during recall, our memories are actually rebuilt. They are susceptible to manipulation and inaccuracies because of the recall process. The memory bias is, technically speaking, a collection of numerous cognitive biases. Some types of memory bias can protect us from painful memories, for example, while others can be detrimental, such as when we base our decisions on the most recent information rather than the most pertinent information.
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A company applies overhead on the basis of machine hours. the company’s predetermined overhead rate is $28 per machine hour based on its budget of 17,000 hours. during the year the company incurred actual overheads of $496,500 and under-applied overhead by $12,520. the budgeted overhead cost for the period was:_____.
These show that manufacturing machine hours overhead were applied to production by $2,000 more than necessary ($110,000 applied OH - $108,000 real OH).
Understanding the various overhead rates for variable and fixed expenditures is helpful when making judgements. The 10,000 units that the corporation anticipates using will be utilised. The variable overhead rate is $ 2 per machine hour ($40,000 variable OH/20,000 hours), while the fixed overhead cost is $ 3 per hour ($60,000 fixed OH/20,000 hours). If the anticipated volume had been 18,000 machine hours, the standard overhead rate would have been $5.33 ($96,000/18,000 hours).
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arturo’s bank tells him they have placed an eight-day hold on the funds. arturo tells them they cannot do so. is he correct? multiple choice yes, because they must make the funds available on the fifth business day following the day of deposit of the non-local check. yes, because they must make the funds available on the third business day following the day of deposit of the non-local check. no, if one of the checks was over $5,000. no, if one of the checks was over $10,000. yes, because a depositary bank must release funds on the fifth business day after transfer to a federal reserve bank.
Arturo’s bank tells him they have placed an eight-day hold on the funds and he tells them they cannot do so because they must make the funds available on the third business day following the day of deposit of the non-local check.
A fund is a form of investment that collects cash from many folks. the cash is after employed by fund managers to take a position in an exceedingly kind of stocks and bonds. every capitalist is given units that represent a share of the fund's holdings.
A local check is a check deposited in an exceedingly depositary bank that's settled within the same Federal Reserve check-processing region because the paying bank. A non-local check is a check deposited in an exceedingly check-processing region totally different from that of the paying bank.
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a firm that is using marginal analysis to set prices finds that setting a price of $180 per unit would result in the sale of six units. the total variable cost of production is equal to $300 and total fixed cost is equal to $150. in this case, the firm's total revenue will be
If a firm that is using marginal analysis to set prices finds that setting a price of $180 per unit would result in the sale of six units. the total variable cost of production is equal to $300 and total fixed cost is equal to $150. in this case, the firm's total revenue will be $1,080.
What is revenue?Revenue can be defined as the amount of money generated from the sales of goods and service.
Now let determine the firm total revenue using this formula
Total revenue = Price per unit × selling units
Where:
Price per unit = $180 per unit
Selling price = 6 units
Let plug in the formula
Total revenue = $180 per unit × 6 units
Total revenue = $1,080
Therefore we can conclude that the total revenue is the amount of $1,080.
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a life estate is: select one: a. freehold estate b. leasehold estate c. fee simple estate d. feudal estate
Freehold estate is a life estate.
Life estates are they freehold?
A day to day existence home is a freehold bequest where proprietorship is restricted to the length of some individual's lifetime, either the individual holding the existence domain — the existence inhabitant — or another assigned individual.
What type of freehold estate is most prevalent?
Absolute Fee Simple You can also leave it to your heirs.As long as you fulfill your obligations as an owner, such as paying property taxes, you retain unrestricted ownership.You are free to use the land however you please as long as you do so.The most prevalent form of property ownership is this one.
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you are using my business to promote your restaurant online and attract new customers. what feature can you use to encourage new people to try you out?
To advertise a restaurant online and draw in more guests, you should use customer reviews. strategies to entice new folks to give you a try.
What characteristics characterize an effective review?Your critique should be precise, helpful, and consistent. Authors won't be able to address your problems if they don't completely grasp what they are, so clarity is crucial. Reviews are most beneficial if they offer both constructive criticism and suggestions for how problems might be handled.
Can you rely on consumer reviews?Naturally not. Some reviews are exaggerated, vague, or fraudulent. Although 91 percent of individuals say they trust internet reviews far more than personal recommendations, 9 percent of people say they only trust a small number of online evaluations.
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every sunday, mariana and hundreds of other shoppers visit home pro, a home improvement supply store, to buy supplies for their home improvement projects. these shoppers are ________ of home pro.
Answer:
thse shoppers are customers of hine pro
Explanation:
because they shop there every sunday
The every Sunday, Mariana, and hundreds of other shoppers visit home pro, a home improvement supply store, to buy supplies for their home improvement projects. These shoppers are customers of home pro.
What is customers?The term customer refers to the purchased the goods and the services, The customer is to fulfill the needs and the wants as the exchange of the money. The customer is the receiving the information of the product with the help of customer.
According to the Mariana, and hundreds of other shoppers visit home pro as the main reason was the improvement on the supply as the day by day to the supplies. The shoppers are customers of home pro. The shoppers are the maintain the relation of the customer to the large level of the sales.
As a result, the shoppers are customers of home pro.
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For the 2020 tax year, taxpayers can elect to immediately expense ______% of qualified property as bonus depreciation. The bonus depreciation is calculated (before/after) ______ the Section 179 expense and (before/after) ______ regular MACRS depreciation.
For the 2020 tax year, taxpayers can elect to immediately expense 20% of qualified property as bonus depreciation. The bonus depreciation is calculated before the Section 179 expense and after regular MACRS depreciation.
An price is an item requiring an outflow of money, or any form of fortune in wellknown, to any other individual or group as fee for an item, carrier, or other class of charges. For a tenant, hire is an cost. for college kids or parents, lessons is an fee. shopping for food, garb, fixtures, or an car is regularly known as an fee. An expense is a price that is "paid" or "remitted", typically in exchange for some thing of fee. some thing that seems to price a notable deal is "steeply-priced". some thing that seems to price little is "inexpensive". "charges of the table" are expenses for eating, refreshments, a banquet, and so forth.
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when an asset is acquired by signing a noninterest-bearing note payable, and the estimated fair value of the asset is not known, the asset should be recorded at the fair value of the note, which is the
If an asset is acquired by signing a non-interest bearing bond and the estimated fair value of the asset is unknown, the asset should be recognized at the fair value of the note discounted at the market rate.
Which account is interest free (noninterest-bearing)? Interest-free bonds are bonds for which interest is deducted from the face value of the bond at the time of issuance. It is called interest-free because it does not state an interest rate. The pre-deducted interest is a bank discount.An interest free trading account means: (1) Deposits or accounts with insured depository institutions. (i) no interest accrues or is not paid; (ii) the depositor or account holder is permitted to make withdrawals, telephone, electronic or other media transmissions, etc.What is interest burden?An interest-bearing account is a type of bank account that pays interest when a customer deposits money with the bank. Interest rates and rates offered vary by bank and depend on the status of your account.
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Under a periodic inventory system Oa. accounting records continuounly disclose the amount of inventory Ob. a separate account for each type of merchandise is maintained in a subndiary ledger Oc. Merchandise Inventory is debited when goods are returned to vendors Od. a phytical imventory is taken at the end of the pertod
Answer:
The inventory of returned goods is subtracted from the total inventory. When goods are returned, the sales returns and allowances account is debited to lower sales and the accounts receivable or cash account is credited to reimburse cash or reduce what the customer owes.
Explanation:
A further entry debiting inventory must be made in order to enter the returned products back into the inventory.
Merchandise inventory refers to the balance sheet account that displays the entire cost of products that have not yet been sold. Stock that is awaiting sale is kept in merchandise inventory, which is a current asset. A typical debit balance causes credit to decrease while debit increases.
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which person is demonstrating the process of initiating structure? multiple choice marouk, who gives employees time to relax and socialize delisha, who assigns tasks to individuals and workgroups glenda, who makes employees feel valued and trusted
The person demonstrating the process of initiating structure is Delisha, who assigns tasks to individuals and workgroups Option A
What is initiating structure?Generally, Behaviors such as scheduling work, deciding what needs to be done (and how and when to do it), choosing from different to organizational members, planning, coordinating, issues, maintaining expectations for performance, and encouraging the use of uniform procedures are all examples of behaviors that fall under the category of "initiating structure."
Delisha, who divides up jobs between different people and different workgroups, is the one who will show you how to start the process of instituting structure. Alternative A
The amount to which a leader specifies leader and group member responsibilities, begins actions, organizes group activities, and determines how tasks are to be done by the group is referred to as the initiating structure's degree of involvement. This kind of leadership is focused on the tasks at hand.
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CQ
2. Which person is demonstrating the process of initiating structure?
Multiple Choice
Delisha, who assigns tasks to individuals and workgroups
Leonna, who ensures that employees' concerns are heard
Sim, who does what’s possible to help employees enjoy their work
Marouk, who gives employees time to relax and socialize
Glenda, who makes employees feel valued and trusted
on april 12, hong company agrees to accept a 60-day, 10%, $10,500 note from indigo company to extend the due date on an overdue account. what is the journal entry that indigo company would make when it records payment of the note on the maturity date? (use 360 days a year.)
Debit Notes Payable $10,500 ; debit Interest Expense $84; credit Cash $10,500
A company's short-term source of funding is called a Cash Credit (CC). In other words, a cash credit is a brief loan that a bank provides to a business. It allows a business to take money out of a bank account without maintaining a credit balance. The maximum amount that can be borrowed from the account is that amount. A cash credit loan enables businesses to take out as many cash advances as they need, up to the pre-determined borrowing limit, from their bank account. However, only the amount borrowed is subject to interest; the whole borrowing (credit) limit is not.
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Using Your Formal Authority And Power To Resolve A Conflict, While Largely Ignoring The Needs Of The Other Party, Is Characteristic Of The ________ Conflict-Handling Style. Compromising Forcing Avoiding Integrating Obliging
Using Your Formal Authority And Power To Resolve A Conflict, While Largely Ignoring The Needs Of The Other Party, Is Characteristic Of The Conflict-Handling Style.
When a person uses his authority to force someone to comply with his desires, he is not concerned with the other party's opinion. The main ingredients of this method of conflict resolution are force and a disregard for the concerns of others.
We can consciously choose how to respond to others in a conflict situation if we have a better understanding of the impact our personal conflict style has on others.
Hence, the correct answer is the "FIRST" option.
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Which of the following statements is incorrect concerning budget preparation?A. The rolling budget approach is not often used in practice because it requires that management be in perpetual budgeting mode.B. If a zero-based budgeting approach is used, the annual budgeting process begins with a review of the results of the prior operating period.C. If a participative approach is used to prepare budgets, all levels of management are involved in the budgeting process.D. The preparation of the sales budget is the starting point in the budgeting process for all companies.E. Participative budgeting increases the risk that employees will create budgetary slack.
The preparation of the sales budget is the starting point in the budgeting process for all companies.
A sales budget is a financial plan that estimates a company's total sales for a specific period of time. To predict a company's performance, he focuses on two things: the number of products sold and the selling price.
Project sales of $5,000 in the first quarter, $6,000 in the second quarter, $7,000 in the third quarter, and $8,000 in the fourth quarter; We estimate $6, and in the fourth quarter the manager estimates $7. Company's.
The purpose of the sales budget is to meet the goals of the sales department. It also works as a planning tool. It helps companies set standards and strive to achieve them. It is also a coordination tool between various departments within an organization such as sales, finance, manufacturing and advertising.
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involves entering a foreign market by developing foreign-based assembly or manufacturing facilities. direct exporting contract manufacturing indirect exporting direct investment joint venturing
To access a foreign market, direct investment requires building assembly or manufacturing facilities abroad.
What is a foreign direct investment (FDI)?A foreign investor, firm, or government may purchase stock in a foreign company or project, which is referred to as a foreign direct investment (FDI).
The phrase typically refers to a corporate choice to acquire a sizeable stake in or the entire business of a foreign firm in order to extend operations into a new market. The expression is not frequently used to describe a stock purchase in a single foreign company. Since it creates solid, enduring links between the economies of countries, FDI is an essential part of global economic integration.
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Textbook: Purchasing and Supply Managemnet by: Johnson and Flynn
True or False
8. Evaluation and rating systems that assign values such as excellent, very good, good, fair and poor to performance are known as objective rating systems.
9. Early supplier involvement extends to an organization’s first tier suppliers and may continue to subsequent tiers of suppliers for high value requirements.
Evaluation and rating systems that assign values such as excellent, very good, good, fair and poor to performance are known as objective rating systems is false.
Early supplier involvement extends to an organization’s first tier suppliers and may continue to subsequent tiers of suppliers for high value requirements is false.
By running with the dealer on a long-time period basis, buying and deliver control specialists can garner better price savings, boom aggressive gain and fine-song schedules. Long-time period relationships gain each the consumer and dealer and builds a degree of trust, allowing each event to succeed.
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Most borrowers only pay attention to the monthly payment when taking out a loan. Why do you think this is?.
Lenders want you to think that loans are affordable, and they know that many people only think about how much they'll have to pay each month.Loans with "payments as low as $X per month" are advertised by lenders to take advantage of this short-term thinking.
What's wrong with making payments every month?
Higher Interest Payments When Paid Monthly Depending on the amount of debt you have, the interest rate you pay, and how much extra money you have to pay off that debt, you could end up paying hundreds of dollars more in interest each year if you pay your debt in installments.
What is the primary reason that borrowers default on loan payments?
The following are three of the most common reasons for late or missed payments:Because of issues with technology, 34% of people have missed payments.31 percent of respondents were unaware of the repayment deadline.21 percent of respondents were unsure of the amount to pay.
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accompanying the bank statement was a credit memo for a short-term note collected by the bank for the company. what entry is required in the company's accounts?
When the bank statement is accompanied by a credit memo for a short-term note collected by the bank for the company, the journal entry will effect a debit to the cash accounts and a credit to the debtor party's account.
A journal entry can be referred to or considered as the primary entry made in the books of accounts for ensuring chronological recording of all the financial transactions. As per the golden rules of accounting, when an item increases in its balance, it gets debited within the journal entry for the firm during such particular period.
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on january 2, otto corp. entered into a purchase commitment to buy 1,000 units of raw materials for $25 per unit. on january 31, the company purchased 1,000 units when the market price was $24 per unit. otto should
I think Otto should wait till the drop down of price, so that to save money.
Companies enter into buy commitments in order to lock in a particular price, and sometimes additionally to lock in the manufacturing capability of a supplier, which can be used as a protective tool to hold rivals from using the production capacity.
What is a dedication agreement?A dedication agreement is a formal document the place the parties agree to undertake certain obligations. A ordinary example of this would be an settlement between two companions the place one concurs to grant capital, and the other consents to count on responsibility for management.
A purchase dedication is normally documented in the shape of a buy order, on which is cited a specific number of gadgets that a supplier is licensed to ship, alongside with the price the consumer is licensed to pay, and the date via which the consumer expects delivery.
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https://brainly.com/question/29545916#SPJ4a monopolist responds to a decrease in demand by _______ price and _______ output.
David Ricardo is the first great classical economist to detect, sharply, the line of demarcation between intranational and international trade, not on the basis of equal or absolute, but comparative differences between nations. O True O False
It's accurate to say this. The distinction between intranational and international trade was first clearly identified by the famous classical economist David Ricardo, who did so by focusing on comparative rather than absolute, rather than equal, differences between nations.
What was worthy of being called David Ricardo?David Ricardo was alive between 1772 and 1823. The brilliant British economist David Ricardo was one of the most important figures in the growth of economic theory. He developed and formulated the "Classical" system of political economy with great precision. In the 19th century, Ricardo's legacy had a significant impact on economic philosophy.
Ricardo presented a strong argument for the advantages of free trade at a time when it was a divisive political issue. In a system of entirely free commerce, each country would allegedly automatically devote its resources to tasks that benefited it the greatest.
By focusing on producing goods that have the lowest opportunity costs in comparison to those of other countries, countries can gain a trade advantage, according to Ricardo's well-known comparative advantage thesis.
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Exercise 9-14 Accounting for contingent liabilities LO C3 For each separate situation, indicate whether Cruz Company should (a) record a liability, (b) disclose in notes, or (C) have no disclosure. 1. Cruz Company guarantees the $100,000 debt of a supplier. It is not probable that the supplier will default on the debt. A disgruntled employee is suing Cruz Company. Legal advisers believe that the company will likely need to pay damages, but the amount cannot be reasonably estimated.
The Cruz Group stating whether to (a) record a liability, (b) disclose in notes, or (c) not disclose.
Transactional Remark
1. The debt guarantee of the supplier (c) is not disclosed
2. Compensation for a displeased employee (b) note
There is no need to disclose when it is unlikely that the supplier whose debt Cruz has guaranteed would fail to make payments because Cruz will not be liable in any case. Cruz ought to make the information known in a note nonetheless, as it relates to the legal case of a disgruntled worker. Only when the cost of the losses can be reasonably calculated can it be recorded as a liability.
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TRUE/FALSE. the uncertainty about future portfolio value that results from the need to reinvest bond coupons at yields not known in advance is called pure risk.
Pure risk is a term used to describe hazards that are uncontrollable by a person and that result in a loss or no loss with no chance of financial benefit.so statement is false.
Pure risk is what?Pure risk is a term used to describe hazards that are uncontrollable by a person and that result in a loss or no loss with no chance of financial benefit. Pure risk includes unforeseeable events like terrorism or premature deaths as well as natural calamities like fires, floods, and other catastrophes. Risks are managed in four fundamental ways by risk managers: they are minimized, avoided, accepted, or transferred. By acquiring insurance coverage against future losses, which transfers the risk to an insurance provider, many different kinds of pure risk can be managed.
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In 2015, the United States:
A. imported more services than it exported.
B. imported more goods than it exported
C. traded mainly with developing nations such as Mexico and India.
D. had a small trade surplus in goods and services.
In 2015, the United States imported more services than it exported.
The US has a decades-lengthy alternate deficit, uploading a long way extra items and offerings than it exports. The stability of imports and exports affects GDP, alternate rates, and inflation levels. The United States imports extra than 1/2 of its overall extent from 5 nations: China, Canada, Mexico, Japan, and Germany.
Although the USA can manufacture items it imports, those exporting nations have comparative advantages. But overall strength independence remains an extended manner off. Yes, in 2015, the U.S. imported 1. five billion barrels of oil much less than in 2005. But imports nevertheless handiest blanketed 1/2 of the overall consumption, 7 billion barrels.
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