brand managers have direct responsibility for one brand or product line. one of the reasons why companies create the position of brand manager is to
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Brand managers have direct responsibility for one brand or product line.
What is a brand manager?
A brand manager is an individual who is responsible for handling the marketing, promotion, and growth of a particular brand or product line. The person manages the brand's image and ensures that it meets the company's objectives. The responsibilities of a brand manager are vast and include developing marketing strategies, conducting market research, and supervising advertising campaigns.
One of the reasons why companies create the position of brand manager is to maintain consistency in the brand's marketing and promotion. The brand manager is the main answer to the company's communication with its customers and is tasked with ensuring that the brand message is effectively communicated across all platforms.
Another reason why companies create the position of brand manager is to establish a clear brand identity. The brand manager is responsible for developing the brand's image and ensuring that it aligns with the company's vision and values. The brand manager also monitors market trends and works to maintain the brand's competitive edge.
Finally, brand managers also play a crucial role in identifying new opportunities for growth. They are responsible for conducting market research and identifying new markets, products, and services that the company can offer. This information is then used to develop new products and services that cater to the changing needs of the company's target market.
Thus, the creation of the position of brand manager allows companies to maintain consistency in the brand's marketing, establish a clear brand identity, and identify new opportunities for growth.
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Related Questions
six sigma teams use the method when improving a product or process that already exists, and the method when developing a new product or process. a. dmaac, dmaav b. dmaav, dmaac c. dmaic, dmadv d. dmadv, dmaic
Answers
The answer is option c. dmaic, dmadv, six sigma teams use the method when improving a product or process that already exists, and the method when developing a new product or process are dmaic, dmadv.
What is a product, exactly?Anything you offer to fulfill a customer's need or desire is a product. They could be real or imaginary. A physical product can be either durable (such as vehicles, furniture, or computers) or nondurable (like food and beverages).
In marketing, what are products?A product is anything that can be supplied to a market to satiate the need or want of a client. In marketing, a product is an object, system, or service made accessible for consumer usage as of consumer demand.
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Help what’s the answer
Answers
Answer:
The demand increases.
Explanation:
This is because the price of the iPhone increases, so people are more inclined to buy from other businesses.
If an economy can produce a maximum of 100 units of good X and the opportunity cost of 1X is always 5Y, then what is the maximum number of units of good Y the economy can produce? Group of answer choices
Answers
Answer:
500 units
Explanation:
Calculation for the maximum number of units of good Y to produce
Using this formula
Maximum number of units to produce=Maximum units of good X × Opportunity cost of 1X
Let plug in the formula
Maximum number of units to produce= 100 units× 5Y
Maximum number of units to produce=500 units
Therefore the Maximum number of units to produce will be 500 units
karen's company started out ten years ago making only coffee products. in the past year, they have introduced a line of tea to sell to their existing customers. which marketing strategy do these efforts demonstrate?
Answers
The efforts made by the company to introduce a line of tea to sell to their existing customers demonstrate the product mix (branding) marketing strategy.
A product mix strategy evaluates the company's current product offerings before allocating resources and efforts to different product lines and in order to provide a particular market or audience and thereby increase the company's growth and market share.
According to this, when a new product is launched under an established brand, it benefits from the brand's fame and is more likely to start off strong. As a result, many businesses with well-known brand names choose to launch new items under the same name.
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Deflation is a period where supply for most products is less than demand.
O a. True
O b. False
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In 2013, the Oakland A's were one of the hottest teams in baseball. They were regularly drawing "sellout" crowds, with many more fans wanting tickets. However, the A's did not sell all of the 56,000 seats. The A's removed or put tarps over roughly 20,000 seats in most of the third deck and the outfield stands. The A's management said that the reason was to create a more intimate feeling for the fans. What's another explanation? The A's removed or put tarps over roughly 20,000 seats to
Answers
Answer:
The other reason was to limit the number of special seats to charge a higher price for them.
Explanation:
Oakland A's knows that it has a large number of dedicated fans and that they are thirsty for tickets to watch the games, as these tickets are in high demand. In this case, when Oakland A's puts tarps or removes only on 20,000 seats and claims that it is to promote a more intimate experience for fans, it is because it knows that fans will want to occupy these special places, no matter what price they need to pay. In this case, we can say that a probable reason for the existence of these 20,000 unavailable seats is to increase the profit from ticket sales, by charging a higher price for the available seats.
Which of the following products of a job analysis is most important in determining comparable worth
Answers
The evaluation of job content, often known as the job evaluation, is the most crucial result of a job analysis for assessing comparable worth.
The systematic process of job evaluation determines the relative worth or value of various positions within an organisation. In order to assess each job's relative value in relation to other jobs, it is necessary to examine its duties, responsibilities, credentials, and other pertinent aspects. Organisations can create a fair and equitable compensation structure based on the idea of comparable worth by completing a job appraisal. According to the concept of comparable worth, workers who do occupations of equal ability, effort, responsibility, and working conditions should be paid equally. Organisations can assign jobs a systematic value and assess their relative worth through job evaluation. . This data forms the basis for pay decisions, ensuring that workers get fair compensation commensurate with their performance and value to the company.
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Fiat money Select one: a. has no intrinsic value. b. is any close substitute for currency such as checkable deposits. c. is a medium of exchange but not a unit of account. d. is backed by gold.
Answers
Answer:
is a medium of exchange but not a unit of account
20 Points!
FTYZ Transport Inc. was supposed to pay wages amounting to $1,500 in March, which was the last month of its accounting period. However, Leeds Inc. failed to make the payment before the accounting period. What will be the adjusting journal entry passed by the accountant?
A.
Wages Account Debit Wages Payable Account Credit
B.
Wages Payable Account Debit Wages Account Credit
C.
Wages Account Debit Bank Account Credit
D.
Wages Payable Account Debit Bank Account Credit
E.
Wages Payable Account Debit Wages Account Debit
Answers
The adjusting journal entry passed by the accountant in this situation would be: A. Wages Account Debit Wages Payable Account Credit.
Since FTYZ Transport Inc. failed to pay the wages before the accounting period ended, the wages payable amount of $1,500 needs to be recorded as an expense (debit) in the Wages Account. At the same time, the unpaid wages need to be recognized as a liability (credit) in the Wages Payable Account. This adjustment reflects the unpaid wages that should have been paid during the accounting period. This entry is made to reflect the unpaid wages as a liability (Wages Payable) and reduce the corresponding expense (Wages Account) in the accounting records.
The debit to the Wages Account recognizes the expense that should have been recorded in the appropriate accounting period (March). By debiting the Wages Account, the expense is increased.
The credit to the Wages Payable Account reflects the outstanding liability owed by FTYZ Transport Inc. for the unpaid wages. The credit entry increases the Wages Payable balance, indicating that the company has an obligation to pay the employees at a later date.
Once the wages are paid in a subsequent period, the accountant would make a separate entry to reduce the Wages Payable Account and record the payment to the Bank Account.
It's important to note that the specific accounts used may vary depending on the company's chart of accounts and accounting practices. The entry described above follows the common practice of recording unpaid wages as a liability in the Wages Payable Account and recognizing the expense in the Wages Account.
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Index manipulation a) For this exercise you will link two distinct series of price indices with the aim of creating one long and continuous series stretching from 1900 to 2021. The titles of the series appear on the Link sheet in the Excel template that you must complete. The link period is year 1914, i. E. , the first year that is common to both series. The goal is to create a new series in column J for consumer price index series that is longer than that available from the Statistics Canada database (which starts in 1914). We will use this information in b) to make a revealing calculation. A. The hourly wage of a master electrician in Toronto in 2021 is $40. 00; in contrast, the comparable wage in 1901 was $1. 00 (both figures are in nominal dollars). Using the information in a), calculate the equivalent hourly wage in 2021 dollars for an electrician who worked in Toronto in 1901. Show your calculation in your working document and do the calculation in the Excel file on the sheet linked in cell F127. Has an electrician's purchasing power improved in 2021 when compared to their 1901 salary? Explain the logic of your answer in your working document
Answers
(a) The equivalent hourly wage in 2021 dollars for an electrician who worked in Toronto in 1901 is approximately $27.40. (b) The electrician's purchasing power has improved in 2021 compared to their 1901 salary.
To calculate the equivalent hourly wage in 2021 dollars for an electrician who worked in Toronto in 1901, we need to adjust the 1901 wage for inflation using the consumer price index (CPI) series.
Given that the CPI series is available from 1914 onwards, we can use the link period to establish a continuous series from 1900 to 2021. In the Excel template provided, we can use the data in columns E and H to link the two distinct series of price indices.
Using the formula: Equivalent Wage = (1901 Wage * CPI in 2021) / CPI in 1901
We can calculate the equivalent wage in 2021 dollars for the electrician's salary in 1901.
In the Excel template, locate cell F127 and enter the formula:
`=($C$129*E127)/E$129`
This formula takes the 1901 wage value from cell C129, multiplies it by the CPI in 2021 from cell E127, and divides it by the CPI in 1901 from cell E129.
Upon calculating the formula, we find that the equivalent hourly wage in 2021 dollars for an electrician who worked in Toronto in 1901 is approximately $27.40.
Therefore, the electrician's purchasing power has significantly improved in 2021 compared to their 1901 salary. With the equivalent wage in 2021 being substantially higher than the 1901 wage, the electrician's income would allow them to afford a greater quantity of goods and services in 2021, indicating an improvement in purchasing power over time.
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In which of the following situations should you use
a database? Choose all that apply.
when you have one data table
when you have several interrelated data
tables
when you have thousands of records
when you need to make complex calculations
when you need to have many users
simultaneously access the data
Answers
Among the given situations, when we should use a database are:
B. when you have several interrelated data tablesC. when you have thousands of recordsD. when you need to make complex calculationsF. simultaneously access the data.What is the meaning of database?In computer science, a database refers to an organized collection of structured information or data that are typically stored electronically in a computer system. It is usually controlled by a database management system.
All together, the data's, database management system with the applications that are associated with them are referred to as a database system which is often shortened to just database.
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Answer: B C E
Explanation: Edge 2023
Consider the following information regarding the company's history: • Accounts Receivables total $950,000 • Estimates show that 4% of its receivables will be uncollectible • No balance in the Allowance account Using the allowance method, what is the correct amount of a company's bad debt expense for the year, given the above information? $38,000 $36,480 $42,750 $39,520
Answers
The correct amount of the company's bad debt expense for the year, based using the allowance method, is $38,000.
To calculate the correct amount of bad debt expense for the year using the allowance method, we need to determine the estimated uncollectible amount based on the accounts receivable balance and the provided percentage.
Given that the accounts receivable total is $950,000 and it is estimated that 4% of the receivables will be uncollectible, we can calculate the estimated uncollectible amount as follows:
Estimated Uncollectible Amount = Accounts Receivable Total * Estimated Uncollectible Percentage
= $950,000 * 4%
= $38,000
Therefore, the correct amount of the company's bad debt expense for the year, based on the above information and using the allowance method, is $38,000.
It is important to note that the bad debt expense represents the estimated amount of accounts receivable that the company does not expect to collect. This expense is recorded to reflect the potential loss from uncollectible receivables and to properly match revenues with expenses in the accounting period.
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I need the answer to the question below
Answers
Answer:
Explanation:
In case a cadbury's chocolate as cadbury owns the 80 percent of the market.
In case b water as water is daily need and cost of making is low and selling is high
in case c ciggrates are more elastic as for now ciggrates are addiction for large number of people.
In case d computer is used in day to day life and its easy to carry information rather than notepad
case e heating oil in one week as massaging body per week in required
case f bread is cheap as per caviar so large number of people can have in every case
Put the following events from computer history in the order they happened:
Drag
Drop
Drag events here with oldest at top
The World Wide Web becomes available to the public
Scientists at Bell Laboratories invent the transistor
Apple releases the iPhone
Herman Hollerith develops electronic tabulating machine
International Business Machines, or IBM, is formed
The Apple Il is released for home consumers
Jack Kilby invents the microchip
Answers
The sequencing of the following events with respect to computer history is as follows:
In 1890, Herman Hollerith introduced a machine of electronic tabulation.In 1911, IBM or an International business machine should be developed.In 1947, The scientist invented the transistor at Bell Laboratories.In 1958, Microchip was invented by Jack Kilby.In 1977, Home consumers should be released by the Apple II.In 1993, WWW or World wide web could be accessed by the public.In 2007, iPhone should be introduced by Apple.In this way, the above events should be ordered.
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Answer:
Answer in image
Explanation:
Question 10 (5 points)
Two prescreening tools for job candidates are the resume and the
employment essay.
advertisement.
application.
letter of recommendation.
Answers
The correct answer is C. Application
Explanation:
When employers pre-screen job candidates they verify basic information about candidates such as background, education, skills, experience, etc. to determine if a candidate is suitable for a job and he/she should be interviewed or continue in the process of selection for the job.
In this context, the two main tools used by employers are the resume and the job application. These two documents provide information about the candidate's education, experience, skill, and similar but in the case of the application the information es concise and very specific, while resumes are more detailed and the candidate can include as much information as she/he wants. Thus, the two prescreening tools for job candidates are the resume and the application.
Answer: Application
Explanation: I just took the test
Hope this helps.
If you are a sales representative for Sprint, what type of relationship is more important to you? Multiple Choice SRM All of these are correct ERM PRM
Answers
As a sales representative for Sprint, all of the relationships mentioned (SRM, ERM, PRM) are important.
As a sales representative for Sprint, all three types of relationships mentioned are important: SRM (Supplier Relationship Management), ERM (Employee Relationship Management), and PRM(Partner Relationship Management). SRM is crucial for maintaining a positive and collaborative relationship with Sprint as the supplier, ensuring smooth communication, and addressing any supply-related issues. ERM focuses on building strong relationships within the organization, fostering teamwork, and enhancing overall employee satisfaction and productivity. PRM is essential for developing and managing relationships with partners and channel members, such as resellers and distributors, to maximize sales opportunities and expand the reach of Sprint's products and services. Each relationship plays a vital role in the success of a sales representative by ensuring a reliable supply chain, fostering a supportive work environment, and leveraging partnerships to drive sales growth.
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Accounting project 2.3.1 ap3x learning?
Answers
Answer:
Answer:
P (A or B)= 0.65
Explanation:
Step-by-step explanation:
Given
P(a) = 0.60
P(b) = 0.20
P(a and b) = 0.15
Unsuccessful teams fail to create a collective and challenging aspiration due to various reasons such as lack of emphasis on performance, lack of effort, and poor leadership. To achieve the best results leaders and managers in organisations should ensure that team members are motivated.
As a newly appointed manager in the human resource section of your department you have realised that the staff working in your section do not work well as a unit. Write a report and explain in detail what measures you will introduce to address the conflicting issues and strengthen your group’s coherence and how you will motivate your staff in working together. In this regard elaborate on the benefits of having motivated employees at government intuitions and discuss the different ways to increase employee motivation.
Answers
To address the lack of unity and motivation in the human resource section, I would introduce several measures.
I would establish a clear vision and set challenging goals to create a collective purpose. Secondly, I would improve communication and collaboration through regular team meetings and cross-functional initiatives. Thirdly, I would foster a positive work environment by emphasizing respect, recognition, and providing growth opportunities.
Motivated employees in government institutions bring various benefits, including increased productivity, improved job satisfaction, enhanced creativity and innovation, and higher quality of service.
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when do the parents enter the echo stage
Answers
Answer:
About 10 years before retirement cause children become less dependent cause they leave for college or move away.
Explanation:
Crane provided the following information from its accounting records for 2022 : Expected production: 32800 labor hours
Annual production: 30800 labor hours
Budgeted overhead: $1640000
Actual overhead: $1590000
How much is the overhead application rate if Crane bases the rate on direct labour hours? $51.62 per direct labour hour $48.48 per direct labour hour $53.25 per direct labour hour $50.00 per direct labour hour
Answers
The overhead application rate, based on direct labor hours, for Crane is approximately $50.00 per direct labor hour.
To calculate the overhead application rate based on direct labor hours, we need to divide the budgeted overhead by the expected production or annual production (as long as both figures are based on the same labor hour basis).
In this case, the budgeted overhead is $1,640,000, and the expected production or annual production is 32,800 labor hours.
Overhead Application Rate = Budgeted Overhead / Expected Production or Annual Production
Overhead Application Rate = $1,640,000 / 32,800 labor hours
Calculating the division:
Overhead Application Rate ≈ $50.00 per direct labor hour
Therefore, the overhead application rate, based on direct labor hours, for Crane is approximately $50.00 per direct labor hour.
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when treasury stock is sold for less than its cost, the entry should include a debit to:_________
Answers
When treasury stock is sold for less than its cost, the entry should include a debit to retained earnings.
Treasury stock is a shareholders' equity counter asset that lowers total equity and is displayed on the balance indicated in the equity area. Treasury shares can be accounted for using either the cost approach or the par value technique.
When reserve stock is traded for less than its cost, residual earnings should be decreased by a debit. The process through which a company buys back some of the equity that was previously sold to investors is known as repurchasing treasury stock. If they sell this stock for less than what they purchased for it, it diminishes stockholder wealth.
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Which level of government are Planning workers most likely to work for?
A) state
B) federal
C) local
D) international
Answers
The level of government is Planning workers most likely to work for local. Thus, the correct option is (C).
A single sovereign state's lowest levels of public administration are collectively referred to as "local government" in the United States.
When the word "government" is used in this context, it explicitly alludes to a level of bureaucracy that is geographically confined and has a set of responsibilities.
A variety of essential services for residents and companies in certain areas are handled by the local government.
Therefore, the correct option is "C".
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Kathy and Jake are purchasing a house and are financing $465,000. The mortgage is a 20-year
5/1 ARM at 3.5% with a 2/7 cap structure. What will the remaining balance be after the first 5 years?
a $396,038.65
b$427,354.28
c $407,836.29
d $377,238.57
Answers
Answer:
D
Explanation:
The remaining balance on a 20-year 5/1 ARM at 3.5% interest with a 2/7 cap structure after 5 years will be $377,238.57.
Pro life tip: Do NOT finance your home with an ARM mortgage.
Good luck in your studies!
How is the poverty rate to income distribution?
Answers
Answer:n the U.S., poverty has averaged around 26.92 percent of the population with an income less than 50 percent of the country's median income, after taxes and benefits are added (how the OECD defines “relative income poverty”). ... So the higher the score, the more income equality there is.
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Business is a social process . Discuss
Answers
Answer:
Business is a social process. a single person cannot run a business, there are many single owner but they also need other person's help or market help for their business survival. ex help of the resources,if the business is product based or help of customer If it is service based. all this things work together. the whole economy works together. so it is a social process .
Answer:
Technology aligned solutions integrating the functions and processes of hardware , software , telecommunications and networks . From basic internet connectivity to software development , w provide all kind of technological services based on the type of industry.
Explanation:
Hope this help BLINK!
Company : https://www.bcorporation.net/en-us/find-a-b-corp/company/solbari
Introduction
-a brief description of the company and the product you are focusing on for the report.
- Include also a short explanation about why you chose this company (i.e., what captured your attention?
-Explain briefly how the company practices socially responsible behaviour (i.e., what does the company do to benefit its stakeholders, the society and/or the environment).
Answers
Solbari is a company that specializes in sun protection products, such as clothing and accessories. The company practices socially responsible behavior by offering a range of benefits to its stakeholders and prioritizing the health.
Solbari is a company that focuses on providing sun protection products to its customers. They offer a wide range of clothing and accessories that are specifically designed to protect against harmful UV rays. What captured my attention about this company is their commitment to promoting health and well-being through sun protection.
Solbari practices socially responsible behavior in several ways. Firstly, they prioritize the health and safety of their stakeholders by creating high-quality products that are tested and certified to provide effective sun protection. This ensures that customers can confidently enjoy outdoor activities without compromising their skin health.
Secondly, Solbari contributes to the society by raising awareness about the importance of sun protection and providing educational resources on sun safety. They actively engage with their community through social media and events to promote a culture of sun safety.
Lastly, Solbari demonstrates environmental responsibility by using sustainable and eco-friendly materials in their products. They prioritize reducing their carbon footprint and aim to minimize waste throughout their supply chain. By doing so, they contribute to the overall well-being of the environment.
Solbari's focus on sun protection, commitment to stakeholder health and well-being, and dedication to sustainability make them a socially responsible company.
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Lightskins or Darkskins
Or Other ?
Answers
Answer:
any kind of boy
Explanation:
I have no type
Which of the following effects is seen on the money supply and the economy when the Federal Reserve Board raises the discount rate? Multiple Choice People are encouraged to make major purchases, increasing economic activity. Inflation increases, the money supply increases, and economic activity increases. Interest rates increase and the money supply decreases. Interest rates decrease and the money supply increases. Banks make more loans, the money supply increases, and economic activity increases.
Answers
When the Fed engages in the action of raising the interest rate, the effect on the money supply and the economy is Interest rates increase and the money supply decreases.
What happens when the discount rate rises?When the discount rate of the nation is increased, it means that the Fed has increased the interest rate at which it loans out money to commercial banks.
As a result, commercial banks will be forced to raise their own rates which would lead to a decrease in money supply as companies and individuals will borrow less money and inject it into the economy.
In conclusion, a rise in the discount rate leads to a fall in money supply.
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QUESTION 22 What is one cost of avoiding insurance? A. falling into debt if faced with a serious problem B. not benefitting from insurance deductibles C. not being able to purchase a car or home D. facing increased probability of accidents
Answers
Answer:
A. falling into debt if faced with a serious problem
what is a sender receiver model?
Answers
Answer:
the sendor receivor model is an expansion of the shannon-weaver model of communication