if an advertiser is found to have used puffery in an ad that ad must be removed T/F
Answers
False. If an advertiser is found to have used puffery in an ad, the ad does not necessarily have to be removed.
Puffery refers to exaggerated or subjective claims made in advertising that are not intended to be taken literally or as factual statements. These claims are often seen as harmless exaggerations or general opinions rather than objective representations of a product or service. Puffery is generally considered to be a legal and acceptable form of advertising as long as it does not deceive or mislead consumers in a material way. As puffery is subjective and not intended to be factual, it is not typically subject to strict regulatory actions. However, there are still guidelines and regulations that govern advertising practices to ensure that puffery does not cross the line into false or misleading statements. If an advertiser is found to have made false or deceptive claims, regulatory actions may be taken, which can include removing or modifying the ad.
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Related Questions
Banc Corp. Trust estimates that it costs $500 to analyze and close a commercial loan. This amount has been included in the $396,000 of overhead costs. How much of the remaining overhead costs should be allocated to the Consumer Department?
Answers
Complete question :
Banc Corp. Trust is considering either a bankwide overhead rate or department overhead rates to allocate $396,000 of indirect costs. The bankwide rate couldbe based on either direct labor hours (DLH) or the number of loans processed. The departmental rates would be based on direct labor hours for ConsumerLoans and a dual rate based on direct labor hours and the number of loans processed for Commercial Loans. The following information was gathered for the upcoming period.
Dept - - - - - - - DLH - - loan processed - - - d/cost
Consumer - 14000 - - - 700 - - - - - - - - 280,000
Commercial - 8000 - - 300 - - - - - - - 180,000
Banc Corp. Trust estimates that it costs $500 to analyze and close a commercial loan. This amount has been included in the $396,000 of overhead costs. How much of the remaining overhead costs should be allocated to the Consumer Department?
Answer:
$172,200
Explanation:
Number of commercial loans processed = 300
Cost of processing a commercial loan = $500
Overhead cost = $396,000
Total cost = 300 * $500 = $150,000
Overhead left = $(396,000 - 150,000) = $246,000
Overhead sharing between commercial and consumer department :
Total loans = (300 + 700) = 1000
Number of consumer department loan = 700
Consumer department overhead :
(246,000 / 1000) * 700
246 * 700 = $172,200
Preferred stockholders receive their
dividends_ ______common stockholders and are_____ in
corporate decisions.
A- after; voters
B- before; voters
C- after; non-voters
D- before; non-voters
Answers
Answer:
D- before; non-voters
Explanation:
Preferred stocks represent a type of ownership in a corporation or limited liability company. Preferred stockholders are given preference over the assets of the business. If the business makes profits, preferred shareholders will be paid first. In case of a dissolution, preferred shareholders will be given priority over ordinary shareholders in the distribution company's assets. On the flip side, preferred shareholders have no voting rights on matter pertaining to the business.
Indra Nooyi is not a typical CEO. How does she differ from your idea of what a typical CEO is like? How do you think your current image of CEOs was created?
Answers
Indra Nooyi is not a typical CEO in several ways. Firstly, she is a woman, which is still a rarity in the world of corporate leadership.
Secondly, she has been very vocal about the importance of balancing business objectives with social responsibility and sustainability, which is not always a top priority for many CEOs. She has also been known for her focus on employee welfare and development, which is not always seen as the most important aspect of business success by some CEOs. My current image of CEOs is likely shaped by media portrayals, as well as by the actions and statements of high-profile CEOs who have made headlines in recent years. The increasing scrutiny and criticism of corporate behavior and ethics may have also influenced my perception of what a typical CEO is like.
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abc home improvement supplies, inc. sells ironton 72 inch digging bars. the annual demand for the digging bars is estimated to be 5000 bars. the ordering cost is $60 per order and the carrying cost is 20% of the unit price paid. its supplier offers quantity discounts as shown in the following table order quantity unit price up to 499 $25 500 up to 999 $24 1000 and more $23 if abc is willing to pay a unit price of $25.00, determine the economic order quantity (eoq) 385 361 354 346 none of the above
Answers
Rounding up to the nearest whole number, the EOQ for the Ironton 72-inch digging bars is 246 bars. Therefore, the answer is none of the above.
To determine the economic order quantity (EOQ), we need to use the formula:
EOQ = sqrt((2DS)/H)
Where:
D = annual demand (5000 bars)
S = ordering cost ($60 per order)
H = carrying cost (% of unit price paid)
First, we need to calculate the unit price paid based on the quantity discount offered by the supplier.
Since ABC is willing to pay a unit price of $25.00, we can see that the order quantity falls in the first discount bracket (up to 499 bars), and the unit price is $25.00.
Next, we need to calculate the carrying cost. This is given as 20% of the unit price paid, so:
H = 0.20 x $25.00 = $5.00 per bar
Now we can substitute the values into the EOQ formula:
EOQ = sqrt((2 x 5000 x 60)/5)
EOQ = sqrt(60000)
EOQ = 245.0
Rounding up to the nearest whole number, the EOQ for the Ironton 72-inch digging bars is 246 bars.
Therefore, the answer is none of the above.
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AWNSER THIS ASAP PLEASE
a commidity is something with cash value that can be bought ir sold
true
false
Answers
Answer:
true so yeah so that is the answer
Answer:
True
Explanation:
In simplest terms, it would mean a useful or valuable thing. And in specific terms, that value cam be bought or sold.
_______________ is the value of the best alternative given up when a choice is made.
Answers
Answer:
Opportunity costs
Hope it helps!
What are loans to government and companies? please hellppzz
Answers
Answer:
loans for a company is when they pull out more money than they have then using it and it has to be repaid
Explanation:
How management and ICT have work together to prepare the uae government to with stand the challenges in 21 century?
Answers
Management and Information and Communication Technology (ICT) have worked together to prepare the UAE government to withstand the challenges of the 21st century in several ways.
1. Digital Transformation: The UAE government has embraced digital transformation, integrating ICT into its processes and services. This has streamlined operations, enhanced efficiency, and improved service delivery to citizens and businesses.
2. Smart Government Initiatives: The government has implemented smart government initiatives, leveraging ICT to provide seamless and accessible services to the public. This includes digital platforms for various services like e-governance, online transactions, and digital communication channels.
3. Data-driven Decision Making: Management and ICT collaborate to harness the power of data. Through data collection, analysis, and utilization, the government can make informed decisions, identify trends, and address challenges effectively.
4. Innovation and Technology Adoption: Management promotes a culture of innovation and encourages the adoption of emerging technologies. This includes artificial intelligence, blockchain, Internet of Things (IoT), and others, enabling the government to stay ahead in the digital era.
5. Cybersecurity: Management and ICT collaborate to ensure robust cybersecurity measures are in place to protect government systems, data, and critical infrastructure from cyber threats.
These collaborative efforts between management and ICT empower the UAE government to navigate the challenges of the 21st century, enhance public services, and foster sustainable development.
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In decision making related to engineering projects, based on economics, the most important noneconomic factor is:A. Operating costB. BenefitsC. MoraleD. Taxes
Answers
Answer: The answer is C
Explanation:
17. Lewis signed a contract for the rights to all timber located on Nine Mile Mine. He agreed to pay $70 per thousand board feet ($70/mbf). As he began work, Nine Mile became convinced that Lewis lacked sufficient equipment to do the job well and forbade him to enter the land. Lewis sued. Nine Mile moved for summary judgment. The mine offered proof that the market value of the timber was exactly $70/mbf, and Lewis had no evidence to contradict Nine Mile. The evidence about market value proved decisive. What is the issue
Answers
You can buy life insurance for anyone. True or false
Answers
Answer:
False
Explanation:
Answer: False
Explanation:
If my revenue is one million and my expenses are 1,386,000, what's my profit in percentage
Answers
The profit in percentage given the revenue and the expenses is -38.60%
What is the profit in percentage?Percentage is the fraction of a number expressed as a value out of 100. The sign that is used to represent percentage is %. In order to convert a number to percentage, multiply by 100.
Profit is the difference between revenue and expenses. Revenue is the total income earned by a company before any deductions are made. Expenses include all the cost incurred in running a business.
Profit = revenue - expenses
1,000,000 - 1,386,000 = -386,000
Profit in percentage = (profit / revenue) x 100
(-386,000 / 1,000,000) x 100 = -38.6%
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Merchandising: Preparation of a complete master budget LO P4 Dimsdale Sports, a merchandising company, reports the following balance sheet at December 31. To prepare a master budget for January. February, and March, use the following information. To prepare a master budget for January. February, and March, use the following information. o. The company's single product is purchased for $20 per unit and resold for $57 per unit. The inventory tevel of 5.000 units on December 31 is more than management's desired level, which is 20% of the next month's budgeted sales units. Budgeted sales are January, 7.000 units; February, 8.750 units; March, 10.750 units, and April, 9,000 units. All sales are on credit. b. Cash recelpts from sales are budgeted as follows: January, $249,700; February, $721170 : March. $508,511. c. Cash payments for merchandise purchases are budgeted as follows: January, $70.000; February, $300,000; March, $96,600. d. Sales commissions equal to 20% of sales dollars are paid each month. Sales salaries (excluding commissions) are $6.500 per. month. e. General and acministrative salarles are $11,000 per month. Maintenance expense equals $1,900 per month and is paid in cash, f. New equipment purchases are budgeted as follows: January. $40,800; February, $100,800; and March, $24,000. Budgoted depreciation expense is January. $6.675. February. $7,725; and March. $7,975. 9. The company budgets a land purchase at the end of March at a cost of $155.000, which will be paid with cash on the lost day of the month. h. The company has an agreement with its bank to obtain additional toans as needed. The interest rate is 1% per month and interest is paid at each month-end based on the beginning-month balance. Partial or full payments on these loans are made on the last day of the month. The company maintains a minimum ending cash balance of $21.000 at the end of each month. 1. The income tax rate for the company is 35%. Income taxes on the first quarter's income will not be paid until April 15. Required: Prepare a master budget for the months of January. February, and March that has the following budgets: 1. Sales budigets. 2. Merchandise purchases budgets. 3. Selling expense budgets. 4. General and administrative expense budgets. Hint: Depreciation is included in the general and administrative budget for merchandisers. 5. Capital expenditures budgets. 5. Capital expenditures budgets. 6. Cash budgets. 7. Budgeted income statement for entire quarter (not monthly) ended March 31. 8. Budgeted balance sheet as of March 31 . Cash budgets. (Negative balances and Loan repayment amounts (if any) should be indicated with minus sign. Round your final answers to the nearest whole dollar.) \begin{tabular}{|l|l|l|l|l|} \hline Purchase of land \\ \hline Sales commissions \\ \hline Loan interest & & & 6,500 \end{tabular} Budgeted income statement for the entire first quarter (not for each month). (Round your final answers to the nearest whole dollar.) Budgeted balance sheet as of March 31. (Round your final answers to the nearest whole dollar.)
Answers
The requested financial statement, such as the budgeted income statement or budgeted balance sheet, cannot be provided without additional information and calculations.
To prepare a master budget for the months of January, February, and March for Dimsdale Sports, we will create the following budgets:
1. Sales Budget:
- January: 7,000 units x $57 = $399,000
- February: 8,750 units x $57 = $498,750
- March: 10,750 units x $57 = $613,250
2. Merchandise Purchases Budget:
- January: $70,000
- February: $300,000
- March: $96,600
3. Selling Expense Budget:
- Sales Commissions:
- January: $399,000 x 20% = $79,800
- February: $498,750 x 20% = $99,750
- March: $613,250 x 20% = $122,650
- Sales Salaries: $6,500 per month
4. General and Administrative Expense Budget:
- General and Administrative Salaries: $11,000 per month
- Maintenance Expense: $1,900 per month
5. Capital Expenditures Budget:
- January: $40,800
- February: $100,800
- March: $24,000
6. Cash Budget:
- Beginning Cash Balance: $21,000
- Add: Cash Receipts from Sales
- Subtract: Cash Payments for Merchandise Purchases, Sales Commissions, Sales Salaries, General and Administrative Expenses, Maintenance Expense, New Equipment Purchases, Loan Interest, Land Purchase
- Ending Cash Balance: Maintain a minimum of $21,000
7. Budgeted Income Statement for the entire first quarter:
- Calculate total sales revenue by summing the monthly sales budgets.
- Subtract merchandise purchases, selling expenses, and general and administrative expenses to calculate the operating income.
- Apply the income tax rate of 35% to calculate the income tax expense.
- Subtract the income tax expense from the operating income to obtain the net income.
8. Budgeted Balance Sheet as of March 31:
- Summarize the balances of assets (cash, inventory, equipment, land), liabilities (loans), and equity (retained earnings) based on the budgeted amounts.
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Adamson Incorporated is a small manufacturing company that makes model trains to sell to toy stores. It has a small service department that repairs customers' trains for a fee. The company has been in business for five years. At the end of the company's prior fiscal year ending on December 31 , the accounting records reflected total assets of $ 500,000 (cash, $ 120,000 ; equipment, $ 70,000 ; buildings, $ 310,000 ), total liabilities of $ 200,000 (short-term notes payable, $ 140,000 ; long-term notes payable, $ 60,000 ), and total stockholders' equity of $ 300,000 (common stock [par value $ 1.00 per share], $ 20,000 ; additional paid-in capital, $ 200,000 ; retained earnings, $ 80,000 ). During the current year, the following summarized events occurred: a. Borrowed $ 110,000 cash from the bank and signed a 10 -year note. b. Purchased equipment for $ 30,000 , paying $ 3,000 in cash and signing a note due in six months for the balance. c. Issued an additional 10,000 shares of capital stock for $ 100,000 cash. d. Purchased a delivery truck (equipment) for $ 10,000 ; paid $ 5,000 cash and signed a short-term note payable for the remainder. e. Lent $ 2,000 cash to the company president, Clark Adamson, who signed a note with terms showing the principal plus interest due in one year. f. Built an addition on the factory for $ 200,000 and paid cash to the contractor. g. Purchased $ 85,000 in long-term investments. h. Returned a $ 3,000 piece of equipment purchased in (b) because it proved to be defective; received a reduction of its short-term note payable. i. A stockholder sold $ 5,000 of his capital stock in Adamson Incorporated to his neighbor.
(a) Was Adamson Incorporated organized as a sole proprietorship, a partnership, or a corporation? Explain the basis for your answer.
Answers
Based on the presence of stockholders' equity, the liability structure, the ability to issue stock, and the limited liability protection, it can be concluded that Adamson Incorporated is organized as a corporation.
A corporation is a legal entity separate from its owners, known as stockholders. Here are the basis for this conclusion:
1. Stockholders' equity: The presence of common stock, additional paid-in capital, and retained earnings indicates that Adamson Incorporated has issued shares of stock to investors, which is characteristic of a corporation.
2. Liability structure: The existence of long-term and short-term notes payable suggests that the company has borrowed money from external sources. Corporations have the ability to issue debt securities, such as notes payable, to raise capital.
3. Number of stockholders: The statement does not mention the number of stockholders. However, the fact that stock was sold to a neighbor suggests that there are multiple owners or investors, which is common in corporations.
4. Limited liability: A corporation provides limited liability protection to its owners, meaning that the stockholders are generally not personally liable for the company's debts or obligations.
In summary, based on the presence of stockholders' equity, the liability structure, the ability to issue stock, and the limited liability protection, it can be concluded that Adamson Incorporated is organized as a corporation.
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The function of firms in the circular flow model is to ______ resources and ______ products.
Answers
The function of firms in the circular flow model is to allocate resources and produce products. Firms play a crucial role in the circular flow model by acting as the key entities that bring together resources and transform them into goods and services.
When it comes to resources, firms are responsible for allocating and utilizing them efficiently. Resources can be classified into four main categories: land, labor, capital, and entrepreneurship.
Firms determine the optimal combination of these resources based on their production needs and goals. They acquire land for production sites, hire labor to perform tasks, invest in capital goods such as machinery and equipment, and rely on the skills and ideas of entrepreneurs.
Furthermore, firms also produce products as a result of combining these resources. The production process involves transforming inputs into outputs, which are the final goods and services available for consumption or further production.
Firms determine what to produce based on consumer demand, market trends, and their own capabilities. They strive to produce high-quality products efficiently, aiming to maximize profits and satisfy customer needs. In summary, the function of firms in the circular flow model is twofold.
Firstly, they allocate and utilize resources effectively, ensuring a smooth flow of inputs into the production process.
Secondly, they produce goods and services by combining these resources, contributing to the output side of the circular flow and meeting consumer demands.
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Which is not a career in the General Management pathway?
Answers
The option that is NOT a General Management Career Pathway is:
"Small Business Owner" (Option C). See further explanation below.
What is a Career Pathway?A Career Pathway is a sequence of planned and linked education programs and support services that allow students to move over time to better employment and higher levels of education and training, frequently while they are working.
To put it another way, Career Pathways is a workforce development method utilized in the United States to help employees move from education to and through the job.
Choosing a professional path is difficult and needs a comprehensive assessment of your talents, prospects, and objectives.
It is a competition for everyone to survive in the ever-increasingly competitive professional world, where a perfect move at the right moment may propel you to career pinnacles, while a poor move might sink you into the pits.
You may have possessed the necessary talents to advance, but you must use them correctly in order to succeed in your work.
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Full Question:
Which is not a career in the General Management pathway?
A) Business intelligence analyst
B) Director of market intelligence
C) Small business owner
D) Labor relations specialist
What is Jack doing to ensure savings for a new car?
Answers
Answer:
Could you add more context?
Explanation:
Answer:
He could be putting the money into the bank.
Explanation:
FILL IN THE BLANK. The next step in the (requisition) process is to compare the acquisition request with the overall _______________ of the firm. These _________ will be the basis for evaluating proposals for new equipment and making selections.A. direction / guidelinesB. budget / guidelinesC. strategic plan / plansD. competitive strategies / strategiesE. long-run objectives / objectives
Answers
The answer would be option E , long-run objectives.
Why are long term objectives important?The competitive position, technological leadership, profitability, return on investment, employee relations and productivity, and corporate image of a firm are all common long-term aims.Long-term objectives are often completed in a year or more. Examples of objectives that may take several years to complete are as follows: pass the college exam. Make retirement savings.The outcomes anticipated from following particular tactics are represented by long-term objectives. The steps that need to be done in order to achieve long-term goals are represented by strategies. Objectives and plans should have a consistent time span, which is often between two and five years.Self-improvement calls for long-term objectives. They offer us goals to work for and help us stay focused on our objectives.Learn more about long term objectives refer to :
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what is the purpose of creating a prototype?
Answers
Answer:
Prototypes provide a way to see how a possible product, idea, design, etc., would function in natural environments (not in the lab/workshop), but in the real world. They also can let designers, and those building it see if there are anything that needs to be changed or altered.
At what depth does an employer need to use a protection system to ensure the safety of workers in a trench or excavation?
a. 3 feet
b. 4 feet
c. 5 feet
d. 6 feet
Answers
An employer needs to use a protection system to ensure the safety of workers in a trench or excavation at a depth of 5 feet.
According to safety regulations and standards, when workers are working in a trench or excavation, an employer is required to use a protection system once the depth of the trench reaches 5 feet or more. The purpose of the protection system is to prevent cave-ins and ensure the safety of the workers. This system can include various measures such as sloping, shoring, or shielding to provide support and stability to the trench walls. Using a protection system helps mitigate the risk of accidents and injuries associated with trench work.
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Is the principal the amount of money borrowed?
Answers
Understanding Principal In the context of borrowing, principal refers to both the initial amount of a loan and the amount that is still owed on it. For instance, the principal amount on a $50,000 mortgage is $50,000.
The remaining $20,000 is now included in the principal balance if you pay off $30,000.
Is the amount you borrowed less the principal?Your home loan's principal is the amount of money borrowed, and the interest is the money you pay each month to use the loan. You can choose the best mortgage option for you by understanding both principal and interest.
What is the name of the amount borrowed?A loan has two main components: The money you borrow as the principal. The interest is comparable to paying rent on borrowed funds.
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In 2009 dollars, u. S. Gdp was $1057 billion at the start of the great depression but fell to $778 billion by 1933. What percentage decline does this represent?.
Answers
The percentage decline in the US GDP from 1933 to 2009 is 26.4%.
What is the percentage change in US GDP?
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
Percentage change in GDP = (778/1057)- 1 = 26.4%
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The product of 59,736 and 600 is
A) 29,868,000
B) 34,761,600
C) 35,625,600
D) 35,841,600
Answers
Answer:
D) 35,841,600Explanation:
I Hope That's Correct ✓ :)
Help what’s the answer?
Answers
Answer:
increases
Explanation:
just a guess not sure don't hate if it's not right
Good luck
an auditor assesses the risk of material misstatement because it
Answers
An auditor assesses the risk of material misstatement because it is a fundamental part of the audit process. The risk of material misstatement refers to the likelihood that the financial statements contain errors or omissions that could significantly impact the users' understanding of the financial position, performance, and cash flows of the audited entity.
There are two primary types of risk that auditors consider:
Inherent Risk: This is the susceptibility of the financial statements to material misstatement, regardless of the controls in place. Inherent risk is influenced by various factors such as the complexity of transactions, industry-specific risks, and the entity's internal control environment.
Control Risk: This refers to the risk that the entity's internal controls will not effectively prevent or detect material misstatements. Control risk is assessed by evaluating the design and implementation of internal controls and their effectiveness in mitigating inherent risks.
By assessing the risk of material misstatement, auditors can determine the nature, extent, and timing of their audit procedures. They focus their efforts on areas with higher inherent and control risks, conducting tests and gathering evidence to provide reasonable assurance that the financial statements are free from material misstatement.
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which of the following is provided to a plaintiff if the eeoc decides not to sue on behalf of the plaintiff? select one: a. a right-to-sue letter b. a referral letter c. a reinstatement letter d. a termination of claim letter
Answers
The plaintiff would establish a priori case of discrimination, according to the information.
What is the purpose of termination?Terminating an employee's agreement with a corporation is referred to as "termination of employment." Any reason, including an employee's choice to quit the organization, could result in their termination. For a range of reasons, including such downsizing, subpar work performances, or redundancies, employers may decide to terminate employment.
What two types of termination are there?There are two different ways that an employee's employment can be terminated: first, by the employer, and second, by the employee voluntarily leaving. Employers have the right to fire an employee for legitimate and equitable reasons.
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every small employer carrier must actively offer to small employers at least how many health benefit plans?
Answers
Small employers with few employees, particularly those who do not have the resources to provide their own healthcare, are often in need of low-cost healthcare. In the United States, the Affordable Care Act has established rules for small employers to provide healthcare options to their employees.
The small employer carrier must offer at least one small group health benefit plan to small employers who meet their requirements. Small employer carriers must actively offer to small employers at least one healthcare benefit plan.
In addition, they must also offer at least one catastrophic health benefit plan as well.
To encourage carriers to participate in the Small Group market and to provide employees with an adequate choice of plans, every small employer carrier must actively offer at least one healthcare benefit plan to small employers.
It is important for small employers to remember that healthcare policies are intended to meet the healthcare needs of their employees. For example, catastrophic health plans are ideal for employees who are healthy and do not require frequent doctor visits.
Healthcare insurance providers have to keep their plans in line with the law. Their policy coverage should include essential benefits such as ambulance service, hospitalization, emergency services, prescription drugs, and more.
Thus, if you are a small employer carrier, you must offer your employees a minimum of one healthcare benefit plan and one catastrophic health benefit plan.
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Each one of the following is a principle of conscious marketing, except
a. Understanding that decisions are ethically based.
b. The presence of conscious leadership to create a corporate culture
c. Fighting for ethical business laws
d. Recognition of marketingÕs greater purpose (not just about profit)
e. Consideration of stakeholders and their interdependence
Answers
The correct main answer is (c) Fighting for ethical business laws.
Conscious marketing is a strategy that includes a marketing initiative with a sense of social responsibility. The principles of conscious marketing are as follows:
Recognition of marketing's higher purpose: This principle refers to the fact that the true purpose of marketing is to enhance people's quality of life and fulfil their wants and needs. The purpose of marketing is to serve the community, not just to make a profit.
Understanding that decisions are ethically based: It refers to the need to make ethical and moral judgments while making decisions for marketing practices. It is required to keep in mind the consequences of the decisions made.
Fostering a company culture of positive intent: Creating an environment of positive intention is required to ensure that the organization practices ethical and moral practices in its policies and operations. The creation of this culture is essential for promoting transparency, integrity, and a sense of responsibility.
Consideration of stakeholders and their interdependence: Marketing is intended for various stakeholders, including suppliers, employees, customers, communities, shareholders, and many more. It is essential to develop a healthy relationship with all stakeholders.
Fighting for ethical business laws: This principle is not included in the principles of conscious marketing. However, conscious marketers should comply with and respect legal requirements in all areas of their work. They should create awareness and support the development of laws and regulations that promote ethical and socially responsible practices in marketing.
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Component procedures may authorize DoD Governmentwide Commercial Purchase Card Ordering Officers to make purchases up to the simplified acquisition threshold in which three of the following cases?
1. Using Simplified Acquisition Procedures above or below the micro purchase threshold against Federal Supply Contract vehicles
2. At or below the micro purchase threshold from any vendor
3. At or below the micro purchase threshold against Federal supply Schedule contracts, FedMall, or other ordering systems that are authorized in component procedures
4. Above or below the micro purchase threshold against contract vehicles issued for the component by a contracting officer that contain a provision authorizing order and payment by the Governmentwide Commercial Purchase Card
Answers
Component procedures may authorize DoD Governmentwide Commercial Purchase Card Ordering Officers to make purchases up to the simplified acquisition threshold in option 1, 3 and 4.
What is the Simplified Acquisition Threshold?The simplified acquisition threshold (SAT), which in federal acquisition is seen or is one that is expressed as the anticipated award value of a contract, is the financial number above which contracting officers are instructed to solicit and award contracts using streamlined methods.
Note that the Commercial Purchase Card for the Government as a Whole - The Purchase Card is used as a convenient way to spend money while buying products and services. It is given to approved agency employees and resembles a commercial credit card in nature. It is not the same as the Government Travel Card.
Therefore, in context of the above, one can say that a program that manages a component is known as a component procedure (or procedure). A component procedure may be used to install, remove, or manage a component.
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Which of the four strategy levels is most concerned withsocial, ethical., or public issues? Discuss the characteristics ofthis level. Also, identify the steps involved in the strategicmanagement pr
Answers
The four strategy levels that are most concerned with social, ethical, or public issues are the corporate level, the business level, the functional level, and the operating level. The corporate level is responsible for setting the overall direction of the company and for making decisions that affect the entire organization.
The business level is responsible for making decisions about how the company will compete in specific markets. The functional level is responsible for making decisions about how to support the business level strategy. The operating level is responsible for making decisions about how to execute the functional level strategy.
The corporate level is the most concerned with social, ethical, or public issues because it is responsible for setting the overall direction of the company and for making decisions that affect the entire organization. This includes decisions about the company's social and ethical responsibilities, as well as decisions about how the company will interact with the public and respond to public concerns.
The steps involved in the strategic management process include:
1. Setting the company's mission and goals
2. Conducting a situation analysis
3. Developing a strategy
4. Implementing the strategy
5. Evaluating and controlling the strategy.
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