Missing or late payments. accounting for collections. The account balances are excessive. Your credit limit is dangerously close to being reached because of the balance on your revolving accounts, such as credit cards.
What are the five different credit score categories?Numerous different types of credit information from your credit report are used to construct FICO Scores. Payment history (35%), amounts owed (30%), duration of credit history (15%), new credit (10%), and credit mix (10%) are the five categories into which this data is divided.
Does applying for a mortgage effect one's credit score?When you apply for a mortgage, the lender will have to perform a hard inquiry on your credit record, which could initially lower your credit score. When a lender obtains a copy of your credit report from one of the three major credit agencies, the process is known as a "hard inquiry" or "hard pull" (Experian, Equifax or TransUnion).
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Porter is visiting india and would like to purchase some local spices. He finds some spices that cost 320. 38 rupees. If the current exchange rate is 1 dollar:73. 6500 rupees, how much do the spices cost in u. S. Dollars?.
Porter is visiting India and would like to purchase some local spices. So, the spices cost in u. S. Dollars is $ 4.36.
What do you mean by the current exchange rate?An exchange rate determines the price at which one currency will be exchanged for another and has an impact on international trade and money transfers.
Both the value of the home currency and the value of the foreign currency have an impact on exchange rates.
The buying rate and selling rate are the rates at which currency traders will purchase and sell foreign currency, respectively.
Given,
Cost of Spices = 320.38
Exchange rate = 73.6500
Here,
Cost of spices in Dollars = 320.38 / 73.65
Cost of spices in Dollars = 4.36
Therefore, Porter is visiting India and would like to purchase some local spices. So, the spices cost in u. S. Dollars is $ 4.36.
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a partnership has the following capital balances with partners’ profit and loss percentages indicated parenthetically: lo 14-8 burks (35%) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $280,000 donovan (40%) . . . . . . . . . . . . . . . . . . . . . . . . . . . 300,000 watkins (25%) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 170,000 ranzilla agrees to pay a total of $245,000 directly to these three partners to acquire a 25 percent ownership interest from each. the partnership will record goodwill based on the new partner’s payment. what is donovan’s capital balance after the transaction?
.
donovan’s capital balance after the transaction is $294,000.
What exactly is capital balance? How are capital balances calculated?Capital Balance refers to the principal balance of a mortgage loan, as of any given date, to which the seller applies the applicable interest rate at which interest on each mortgage loan is applicable. The Closing Working Capital Balance may only be chosen by the Accountants from the amounts provided by Acquiror or Weatherford. The Accountants are not permitted to choose any other sum.
Net Non-Produced Surpluses or Deficits + Non-Financial Assets + Net Capital Transfers equal the balance on the capital account. Net direct investment plus Net portfolio investment plus Asset funding plus Errors and Omissions equals the financial account's balance.
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1.you can create a customer master record centrally or in a distributed fashion. what are the reasons that sap offers this option? describe a situation where each option would be appropriate?
In a small business where roles are clearly defined and someone's explicit responsibility is to enter all new client data into the system, I can see one scenario where a master record should be created centrally.
What is SAP?SAP provides this choice so you can arrange records anyway you like in accordance with the requirements of your business. Regardless on how you arrange the records or enter the data, you can either do it centrally, in which case all the data is entered at once, or distributed by department, in which case each department can input the data as they see fit.
By managing the data centrally, storing it centrally will also help to reduce the number of times the very same information is input, preventing inconsistent master data. For instance, if the address of one of your clients changes, you only need to enter this update once, and your sales and accounting departments will always have the most recent data.
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the typical firm in a monopolistically competitive industry earns zero economic profit in the long run because:
The company sets its price in accordance with its demand curve and produces an output at which marginal revenue equals marginal cost.In monopolistic competition, whether a company enters or exits, it will ultimately result in zero economic profits for the company.
How Does Monopolistic Competition Work?
Monopolistic competition occurs when numerous businesses offer competing products or services that are comparable to one another, if not perfect.In a monopolistic competitive industry, entry barriers are low and a single company's actions do not directly affect its rivals.
Give an example of monopolistic competition.
Beauty products, which have a lot of sellers and sell similar but not identical products, are an example of monopolistic competition. These sellers cannot compete on price because they can charge prices based on the uniqueness of the product they are selling and this business.
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raphael started his online translation service six months ago. he is currently trying to figure out if most of his clients are business-related or consumer-related. which step of the crm process is raphael undertaking?
The step of the CRM process is Raphael undertaking is Identify current customers.
A current customer is somebody who purchases labor and products from a particular company throughout some undefined time frame. Not all items or administrations are equal. Hence, how a company decides a current customer from a past customer also varies.
Customers may be gathered by similar variables, for example, age, orientation, occupation, education, pay levels, geographic location, industry, number of representatives, number of years in business, items or administrations offered or other characterized criteria.
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when a company's culture is defined and shaped by the people who start it, it is known as founder .
When a company's culture is defined and shaped by the people who start it, it is known as founder imprinting.
According to imprinting theory, an organization is influenced not only by the institutional environment that exists today but also by the institutional, commercial, and technological environments that existed at the time of its founding. These basic elements still have an effect on the operation of the organization and do not disappear on their own.
Workplace behavior is governed by company culture. It's the culmination of all of your official and informal processes, attitudes, and beliefs that work together to give your staff and consumers a positive experience. Company culture is really about how things are done in the office.
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what tools or ideas are good to track micro-conversions? group of answer choices behavior segments in analytics utm codes in urls. demographics in analytics share of voice goals in analytics
The most popular method for monitoring them is to record the micro conversions in web analytics tools like Analytics. The ability to record micro conversions as goals and events using that tool is provided below.
Micro conversions can also be recorded in testing software like Optimizely, Suspect, or VWO.Micro is the study and analysis of small-scale interactions, including interpersonal conflicts, group dynamics, and individual perceptions.Large-scale social processes are examined and analyzed from a macro analytic point of view. The reason it is called macro is that the word derives from the Greek for huge size. While the word "micro" comes from the Greek for small. Both of these are used to describe the various viewpoints researchers have while examining phenomena of various sizes across a wide range of fields.To know more about micro-conversions
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research shows that tall and good-looking employees are more likely to be promoted to managerial positions than their average-looking peers, because they better match people’s prototypical image of a good leader. what might be the mechanism causing such bias? group of answer choices individualized consideration idealized influence inspirational motivation ironic processing implicit leadership theories
Implicit leadership theories: It is a cognitive theory of leadership that suggests that individuals create cognitive representations of the world and use these preconceived notions to control their behavior and interpret their surroundings. It was developed by Robert Lord and his colleagues.
Leadership in business is the capability of a company's management to set and acquire hard desires, take fast and decisive motion whilst wanted, outperform the opposition, and encourage others to perform at the highest degree they are able to.
Leadership is critical as it evokes, motivates, and unites an instance for humans to accomplish nice changes globally. Leaders establish a vision, offer a plan of action, and build sturdy relationships with their fans. As a result, they guide people to perform extremely good feats collectively.
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On December 31, 2020, Chante charged a $1,800 contribution to a qualified charitable organization to her credit card. She will not pay the credit card bill until January 2021. The $1,800 contribution is deductible on Chante's 2020 tax return.
True
False
Larry will be able to take advantage of a larger tax deduction this year, so this is a smart move.Larry can reduce his existing tax obligation by $3,000 x 24% = $720 if he foresees his charitable contribution.The correct answer is False.
Since his other itemised deductions are not as big as this year's, Larry will probably decide to take the standard deduction of $12,400 in the following year. The standard deduction will be Larry's choice the next year, thus the charitable gift will not be tax deductible. He will actually forfeit the $720 deduction if he doesn't make the donation this year.A charitable contribution deduction is available to all nonprofit organisations.It is untrue that all charity organisations are eligible for tax deductions for philanthropic contributions. As long as the donation was given to a charity that qualifies under section 170(c) of the Internal Revenue Code, you might be eligible to deduct it. It is crucial that you confirm a charity's eligibility for a tax deduction before attempting to use it.
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what is the procedure if an osha inspector finds that the medical assistants in a medical office have not worn gloves for 2 months because the employer did not make them available
A fine of up to $10,000 and as well as the number of employees involved may be imposed.
Who is responsible if a medical assistant commits an error?
If nurses or medical assistants are careless in providing any patient care, they could both be held accountable for medical malpractice. Given that MAs are required to work directly under physician supervision, if an MA is found to have committed malpractice, the supervising physician will probably also be held vicariously accountable.
With the Occupational Safety and Health Act of 1970, Congress established the Occupational Safety and Health Administration (OSHA) to ensure that working conditions are safe and healthy for employees by establishing and enforcing standards as well as by offering outreach, education, and assistance.
Therefore, In addition to the number of employees engaged, a fine of up to $10,000 may be levied.
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which position describes the anthropologic view of the role of leaders in shaping organizational culture?
The position that describes the anthropologic view of the role of leaders in shaping organizational culture is that Leaders are part of the culture.
What is the anthropological view of culture?Majority of the anthropologists would consider culture as the mutual set of implicit and explicit values, ideas, concepts, and rules of behaviour that permit a social group to perform and perpetuate itself.
Culture is explained in anthropology as the science of human behaviors that are passed down from one generation to another and how they interact.
Therefore, the correct answer is as given above
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a company is releasing a new device that can run games. the company offers many different options for the graphics card used in the device. the motherboard of the device also has a few options.
Virtually all computers, notably desktop and laptop PCs, contain motherboards. They link to chipsets, central processing units (CPU), and memory, among other components. Wi-Fi, Ethernet, and graphics cards with the graphics processing unit, or GPU, are examples of external peripherals.
The primary printed circuit board (PCB) of general-purpose computers and other extensible systems is known as a motherboard. It is also referred to as a mainboard, main circuit board, mother board, backplane board, base board, system board, and logic board. It provides connectors for additional peripherals and retains and enables communication between many of the critical electronic parts of a system, including the memory and central processing unit. In contrast to a backplane, a motherboard frequently houses important sub-systems such the central CPU, input/output and memory controllers for the chipset, interface connectors, and other parts that are integrated for general usage. Specifically, a PCB with expansion capability is referred to as a motherboard. This board, as its name implies, is frequently referred to as the "mother" of all components connected to it, which frequently include daughterboards, interface cards, and peripherals:
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ultimate sportswear has $140,000 of 6% noncumulative, nonparticipating, preferred stock outstanding. ultimate sportswear also has $540,000 of common stock outstanding. in the company's first year of operation, no dividends were paid. during the second year, the company paid cash dividends of $34,000. this dividend should be distributed as follows:
The company paid cash dividends of $34,000. this dividend should be distributed as $8000 is the preferred dividend.
Dividend on common stock = $22,000
The dividend computation is displayed below:
- Preferred dividend: $100,000 x 0.08 = $8,000 Total shares x Total Shares of Noncumulative, Nonparticipating, Preferred Stock Outstanding
Dividend on common stock equals Cash Dividend - Preferred Dividend, or $30k - $8k - $2k.
Consequently, the common stock dividend is $22,000 and the preferred dividend is $8,000.The total cash dividends are stated as being equal to $40,00.
Due to the preferred stock being granted, the preferred stock receives the cash dividends first.
The issued preferred shares, worth $200,000, was priced at 8%.
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In September, DK Company sells merchandise to Lions Company on credit. In October, Lions Company pays the balance in full. The entry to record the collection of cash by DK Company in October will include a (debit/credit) to Accounts Receivable.credit
In September, DK Company sells merchandise to Lions Company on credit. In October, Lions Company pays the balance in full. The entry to record the collection of cash by DK Company in October will include a (debit/credit) to Accounts Receivable credit.
The amount that a corporation will receive in the future is called account receivable. Cash is deducted and accounts receivable is credited when the amount is received. Credit for accounts receivable denotes a decrease in the account for accounts receivable.
Therefore, a credit to accounts receivable and a debit to the cash account will both be included in the entry to reflect a cash collection by DK Company in October.
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ncos/pos across all services and domains are accountable for their personal actions, as well as for the actions of their subordinates. they are charged with responsibilities and authorities to maintain good order and discipline at all times.
Noncommissioned Officers (NCOs) are in charge of communication between soldiers, units, and officers. They uphold and enforce established standards, support and implement policies established by the chain of command, and must be aware of what is going on in the lives of their soldiers.
Noncommissioned Officers (NCOs) are also in charge of the maintenance, accountability, and readiness of their unit's equipment, which is critical to the unit's proper functioning and success.
Noncommissioned Officers (NCOs) and Petty Officers (POs) dual roles are best described as "complement the officer, enable the force." The NCO/performance PO's of both is more art than science.
The combined capacity of the NCO/PO ranks, from junior to senior, forms a distinct and invaluable leadership cadre that strikes an artful balance between mission and people. NCOs/POs have professional qualities, competencies, and characteristics that complement and enable the officer corps and the enlisted force. They are trusted and empowered leaders in the Profession of Arms—the Armed Forces' backbone.
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________ reflects the idea in e-commerce that large numbers of people can make better decisions about a wide range of topics or products than a single person or even a small committee of experts.
Crowdsourcing reflects the idea in e-commerce that large numbers of people can make better decisions about a wide range of topics or products than a single person or even a small committee of experts.
What is crowdsourcing, in a nutshell?Crowdsourcing is the process of asking a large number of individuals for the information, goods, or services that are required. Author Jeff Howe coined the term "crowdsourcing," which mixes crowds and outsourcing, in his essay "The Rise of Crowdsourcing" from Wired magazine in 2006.
What is an effective example of crowdsourcing?Many businesses and organizations use specialized crowdsourcing websites like 99designs or Fiverr to find solutions for niche tasks like graphic design, proofreading, or software testing. Social media platforms are used by businesses worldwide to find inspiration for fresh products and services.
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mike has been hired by a publishing company to write a companion book for a particular text sold to college students. in 2010 mike completes the companion book, and he signs over his copyright to the publisher. the publisher actually publishes the book in 2013. when will the publisher's copyright run out and expire?
A publishing company has hired Mike to write a companion book for a particular text sold to college students. Mike completes the companion book and signs over his copyright to the publisher in 2010. The book is actually published in 2013. The publisher's copyright will expire in 2108, which is 95 years after publication.
The time periods for copyright protection vary. A complicating factor is the time period of copyright protection has changed over the years. Creative works have had their protected period altered as Congress has enacted, revised, and updated US copyright laws.
Since Mike's work is classified as an anonymous/pseudonymous work, it is protected for 95 years from the first publication.
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suppose a country can produce a maximum of 12,000 jumbo airliners or 2,000 aircraft carriers. instructions: enter your responses as a whole number. a. what is the opportunity cost of an aircraft carrier?
If a country can produce a maximum of 12,000 jumbo airliners or 2,000 aircraft carriers, then for each aircraft carrier, the country would be forced to give up (Opportunity costs) 6 jumbo airliners (12000/2000).
What is Opportunity Cost?
Opportunity costs are the possible advantages that a person, investor, or company forgoes while deciding between two options. Opportunity costs are by definition invisible, making it simple to ignore them. Making smarter decisions requires an understanding of the possible opportunities lost when a company or person selects one investment over another.
Opportunity cost is a wholly internal expense that is only utilized for strategic consideration; it is not included in accounting profit and is not reported externally. The determination of a company's capital structure involves opportunity cost analysis in a significant way.
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if the federal government were to mandate a nationwideexpansion of unemployment benefits what would the primary source of funding be
If the federal government were to mandate a nationwide expansion of unemployment benefits the primary source of funding will be federal government.
What are the unemployment benefits?Unemployment benefits can be described as the benefits that helps to give temporary income when you lose your job through no fault of your own.
It should be noted that themoney partly replaces the lost earnings and helps individuals to pay expenses while looking for new work however the benefits, from taxes former employer(s) paid, are not based on financial need.
In conclusion, the funding of the benenefits can be attributed to the Federal Government which is composed of three distinct branches and their powers are vested by the U.S. Constitution in the Congress which is been controlled by the President.
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Which of the following scenarios regarding damages for a breach of contract is NOT true?Group of answer choicesA plaintiff can never receive consequential damages in a civil lawsuit unless the Plaintiff has lost profits and the judge can reasonably estimate what those lost profits would be.A plaintiff can receive non-monetary damages, such as an injunction, in instances where monetary damages are largely insufficient and when an injunction is necessary to prevent immediate and irreparable harm.A plaintiff can receive punitive damages against a defendant who has breached a contract with malice, or knowledge to a substantial certainty that its breach would harm the plaintiff.A plaintiff must use reasonable efforts under the concept of mitigation to keep its damages as low as possible, which in some cases can include finding alternate buyers or sellers. A plaintiff must also follow these mitigation rules even when the defendant has not acted honestly and is accused of violating the implied covenant of good faith and fair dealing.
The scenarios regarding damager for a beach of contract in NOT true is Even if the defendant has not acted honestly and is accused of breaking the implied covenant of good faith and fair dealing, the plaintiff is still required to follow these mitigation guidelines. Option D is correct
A breach of contract occurs when one party to a legally binding agreement doesn't follow the terms of the agreement.. Both written and spoken contracts are susceptible to violation. A breach of contract can be resolved by negotiations between the parties or in court. When one party doesn't carry out their responsibilities as stated in the contract, there is a breach of the agreement. That may be something trivial, like making a payment a couple of days late, or something more catastrophic.
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Suppose the tax rate on the first $20,000 of income is 0%; 10% on the next $20,000 earned; and 20% on any additional income earned. The average tax rate for a person earning $35,000 is:0%.3.5%.4.3%.10%.
According to the given information, The average tax rate for a person earning $35,000 is 4.3%.
Consequently, the average tax amount for a budget of 35,000 can be divided into two sections.
35000 = 20000 + 15000
The first 20000 are free
The remaining 15000 are subject to a 10% tax, or 1500
The average tax rate is therefore (1500/35000) × 100 = 4.3
Therefore, The average tax rate is 4.3%
The average tax rate is the amount of tax that an individual pays after adding up all of his or her sources of taxable income and dividing that total by the total amount of taxes the individual actually owes. The Effective Tax Rate is another name for it. To put it simply, one may figure out the average tax rate by dividing the total tax obligation by the total taxable income. As a rule, the average tax rate is lower than the marginal tax rates.Average tax rates only apply to federal income taxes; they do not account for any state or local income taxes, sales taxes, real estate taxes, or other taxes that a person may be required to pay.Learn more about Average tax rate, here
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when writing a recommendation report using an indirect approach, how should you present the problem or need that your recommendation addresses?
The need or problem that your suggestion addresses. Provide specific examples.
The organizational strategy is indirect when the report's recommendations and conclusions appear?
Indirect:When the report's recommendations and conclusions, if requested, appear at the conclusion, the organizational strategy is indirect.Typically, these reports begin with an introduction or description of the issue, followed by the author's facts and interpretations.They end with ends and proposals.
Is the sender engaging in unethical or ethical indirect communication?
Distributors were informed of the recall via indirect means in a message.Is the sender engaging in unethical or ethical indirect communication?Because the sender is using it to bury information and avoid costly obligations, an indirect approach would be unethical in this scenario.
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jarad rodriguez deposits $10,000 at 10% compounded semiannually. at the start of year 6, jarad deposits an additional $5,000 that is compounded at the same rate. at the end of 10 years, what is the balance in jarad's account?
If jarad rodriguez deposits $10,000 at 10% compounded semiannually. the balance in jarad's account is $34,677.30.
How to find the balance in jarad account?Number of period = 5 × 2 = 10
Interest rate = 10%/2 = 5% (Semiannually)
Face value after 5 years = 10,000 (1 + 0.05)^10
Face value after 5 years = $16,288.85
After Year 6=$16,288.85 + $5,000
After 6 years = $21,288.85
Face value after 10 years = 21,288.85 (1 + 0.05)^10
Face value after 10 years = $34,677.30
Therefore the balance in jarad's account is $34,677.30.
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if a monopolist is able to increase the amount of product she sells from 400 to 425 units by lowering the price of that product from $40 to $30, her marginal revenue is:
If a monopolist is able to increase the amount of product she sells from 400 to 425 units by lowering the price of that product from $40 to $30, her marginal revenue is:$-55
TR=P*Q
TR(400)=400*50=20000
TR(420)=420*45=18900
MR(n)=(TR(n)-TR(p))/(n-p)
MR(n)= MR of n th unit of output
TR(n)=TR of n units of output
TR(p)=TR of p units of output
it is true for n>p
MR(420)=(18900-20000)/(420-400)
=$-55
Sales is the whole quantity of profits generated through the sale of goods and services related to the primary operations of the enterprise. commercial revenue can also be called sales or as turnover. a few businesses acquire sales from interest, royalties, or other fees.
Revenue definition says that it's miles the overall sum of money obtained from wearing out the enterprise operations inclusive of income.
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ricardo accepts a job working for jason's corporation which operates a bar called two dollar bill’s. ricardo embezzles $7,500 over the course of his 6 months working at jason's bar. what theory of liability allows jason to recover his money from ricardo?
Jason can recoup his money from Ricardo thanks to the tort theory of law.
There is a definition of a tort law doctrine.Tort law is a branch of private law. It mostly focuses on wrongdoing between private individuals. Contrary to the law of contracts, tort obligations are often not willingly assumed, and unlike criminal law, the state is not always a party to the a tort action.
A tort is a civil wrong wherein the law holds someone responsible when their activity or omission causes injury to another person. In the context of torts, "injury" refers to the breach of any legal right, whereas "damage" refers to a loss or other tangible disadvantage that a person encounters.
Which four components of tort law are there?In the majority of personal injury cases, the accused had a responsibility to act in a way that didn't harm you. That obligation was broken by the accused. You suffered a wound. Your injury was directly caused by the breach of duty.
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a/an is a business entity that coemploys the employees of its clients and typically assumes responsibility for all human resource management functions.
Professional employer organization is a business entity that co-employs the employees of its clients and typically assumes responsibility for all human resource management functions.
For employees, what does a PEO mean?Full-service human resource outsourcing, also referred to as co-employment, is done through professional employer organizations, or PEOs. In this arrangement, the PEO manages several aspects of employee administration for a company, including payroll and benefits management.
How do a PEO and a payroll service differ from one another?Payroll administration, compliance assistance, and extra HR services are all offered by a professional employer organization (PEO). The administration and compliance of your payroll is handled by a payroll service provider (PSP) without any shared legal responsibility.
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During the BLANK stage of the product life cycle, sales for the product drop so a company often minimizes promotion.
During the decline stage of the product life cycle, sales for the product drop so a company often minimizes promotion.
What is the product life cycle?
Product life cycle is the length of time between a product's initial introduction to consumers and its removal from the market. Usually, he divides the life cycle of a product into four phases. Introduction, growth, maturity, decline.
Why is the product life cycle important?The product life cycle is an important tool for marketers, managers and designers. It identifies four different product life stages and provides guidance for developing strategies to make the most of these stages to drive your product's overall success in the marketplace.
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Before you confirm the backpack shape selection, let's make sure you're reading the backpack shape information properly. Which of the four shapes has the highest PRODUCTION COST?
Teardrop Rucksack
Rounded Top
Square
Large Rectangular
The four shapes have the highest PRODUCTION COST: Large Rectangular.
Production is the method of mixing various inputs, each fabric and immaterial with the intention to create output. preferably, this output might be a good or service which has a fee and contributes to the software of people.
There are three commonplace types of primary production structures: the batch device, the continuous machine, and the venture system. within the batch machine, widespread-reason systems and techniques are used to provide small portions of output (goods or offerings) with specs that adjust greatly from one batch to the subsequent.
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chegg conduct an extensive interview with two family members, friends, or peers who recently made a major purchase. have them describe the process they went through. consider their responses and report your results. if each represented a market segment, what are the strategy implications?
Strategy implementation is a foresighted SWOT analysis tool. Strategic implications allow users to explore possibilities, problems, partners, and platforms in the future world individually or together with their team in collaborative brainstorming sessions.
Strategic planning has an impact on management performance because the resulting strategic plan directly affects the ability of the organization to retain the commitment and support of human resources to maximize the outcome or impact of implementing the plan. give.
Strategy implementation is the process of putting plans into action to achieve desired results. Basically, it's the art of getting things done. An organization's success depends on its ability to make decisions and execute critical processes efficiently, effectively, and consistently.
Strategic management provides overall direction by developing plans and policies to achieve objectives and allocating resources to implement the plans. Ultimately, strategic management helps companies gain a competitive advantage over their competitors.
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performance-related data from what document is used to develop the after-action report (aar)? a. exercise evaluation plan b. master scenario events list (msel) c. improvement plan (ip) d. exercise evaluation guides (eegs)
performance-related data from what document is used to develop the after-action report (AAR)- exercise evaluation guides.
Authority for Advance Rulings (AAR)
The Authority for Advance Rulings (AAR) issues rulings on non-resident/resident applications, and such rulings are binding on both the applicants and the Tax Department. As a result, the applicant can avoid costly and time-consuming litigation on any question of law or fact that may arise during normal assessment proceedings.
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