Option (c), When limited problem solving occurs, consumers have already established the essential criteria for evaluating the product category and the various brands that make up that category, but they have not yet fully established preferences for a specific subset of brands.
What does "limited issue resolution" mean exactly?Limited issue resolution occurs when customers make occasional purchases or investigate a new brand within a well-known product category. When buying a brand-new, pricey, or infrequently acquired good, consumers spend a lot of time solving issues.
It is believed to be the most widespread method, yet it lacks a formalized process for making decisions. Examples of this type of decision-making include looking for and purchasing products and services related to pest control for private residences.
On what does limited problem solving rest?Greater reliance on prior knowledge than on objective facts is typically seen in limited issue resolution. When the purchaser believes that the purchase decision contains a great deal of risk, extended issue solving—which is typical—requires a great deal of outside data.
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Jobs and careers that require degrees or certificates generally jobs that require little or no training
Answer:
IT companies
Court Reporter
Sheet Mental worker
Certifications are less expensive, degrees provide a comprehensive education. The following statement explains their importance.
What is the more valuable degree or a certificate?While certifications are less expensive, degrees provide a more comprehensive education. If you want to expand your knowledge in IT-related fields, there are two options: certifications and degrees. Both paths have advantages, but they are not the same.
IT companies, Court Reporter requires degree or certification courses. While Sheet Mental workers, working in a garage, do not require degrees or certificates.
Therefore, the above statement explains the importance of a degree or a certificate.
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what is the process of taking decision in the office?
Answer:
dress code, smile, thinking cap, and due process
Explanation:
u must have all of them to complete your job. if u not fit for work you not going to have a nice day. you must think the due process through and follow guidelines
If the market for soccer balls is saturated and the market for soccer nets is open, which combination makes the most sense for Sabrina’s Soccer?
If the market for soccer balls is saturated and the market for soccer nets is open, a combination which makes the most sense for Sabrina’s Soccer is: F.
What is a production possibilities curve?A production possibilities curve (PPC) is also referred to as the production possibilities diagram or the production possibilities frontier (PPF) and it can be defined as a type of chart that is typically used for illustrating the maximum and best combinations of two products that can be produced by a producer (manufacturer) in an economy, if they both depend on these two (2) factors;
Technology is fixed.Resources are fixed.Based on the production possibilities curve (see attachment), we can reasonably infer and logically deduce that the maximum and best combinations that would offer the most sense for Sabrina’s Soccer is option F with 0 for soccer balls and 5 for soccer nets.
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none of these strategies suggest transferring your medical debt onto a credit card or taking out a short-term loan to cover the costs. why do you suppose that’s the case?
Because the interest rate in both case is higher than your medical debt's interest rate.
What is interest rate?An interest rate informs you of how much borrowing will cost you and how much saving will pay off.
Therefore, the interest rate is the amount you pay for borrowing money and is expressed as a percentage of the total loan amount if you are a borrower. For a loan of a particular size, the higher the percentage, the more you must repay.
If you save money, you can find out how much will be deposited into your account as a percentage of your savings by looking at the savings rate. For a given size deposit, your account will receive more money if the savings rate is higher.
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What information does a person need to know before renting an apartment?
O The salaries earned by the building employees.
O If electricity is included in the rent of the apartment.
O The property taxes on the building that are paid by the owner.
o If the apartment building has a mortgage.
Answer:2
Explanation:
2
Opportunity Cost
in order to
v something else.
Opportunity cost is what must be
Opportunity cost forces consume
lucers to make
received
given up
replaced
The most likely reason for a sole trader to change into a private limited company is because it
wants:
a. To share its financial accounts with the public
b. To raise additional finance
C. To benefit from unlimited liability
d. to avoid business continuity
On Sunday, Dawson's flower shop sold 25 arrangements. The materials needed for 25 arrangements cost $250. If he sold each arrangement for $55, what would the net income?
Answer:
Net Income = $1125
Explanation:
The net income is the difference between the revenue and the total costs incurred to earn that revenue. It can be calculated as follows,
Net Income = Revenue - Total costs
The revenue in the given question can be calculated by multiplying the selling price per arrangement by the number of arrangements sold.
Revenue = 55 * 25
Revenue = $1375
The total cost for materials needed for 25 arrangements is provided and there are no other costs.
Net Income = 1375 - 250
Net Income = $1125
Karl’s Sporting Goods started as a small shop catering to the fly-fishing crowd but as requests were made for different and varied goods, it branched out into an outdoor-sports store. Karl caters to his core customer base of hunters and fishermen, but stocks the latest outdoor gear for those who want to incorporate other sports such as backpacking into their hunting and fishing experience. Due to space limitations, he does not carry mountain bikes, but does carry gear for them. Since Karl’s is not located near the ocean or a large body of water, he does not carry wetsuits or other watersports equipment, but he does carry gear that would be required for wading in cold mountain rivers and streams, and canoes and kayaks. His marketing is directed toward hunters and fishermen, but includes activities, events, and sales aimed at bringing outdoor enthusiasts with other interests into his store. Over the past month, he has received numerous request for rock climbing gear. As a result of t
The full question is:
Karl's Sporting Goods started as a small shop catering to the fly-fishing crowd but as requests were made for different and varied goods, it branched out into an outdoor-sports store. Karl caters to his core customer base of hunters and fishermen, but stocks the latest outdoor gear for those who want to incorporate other sports such as backpacking into their hunting and fishing experience. Due to space limitations, he does not carry mountain bikes, but does carry gear for them. Since Karl's is not located near the ocean or a large body of water, he does not carry wetsuits or other watersports equipment, but he does carry gear that would be required for wading in cold mountain rivers and streams, and canoes and kayaks. His marketing is directed toward hunters and fishermen, but includes activities, events, and sales aimed at bringing outdoor enthusiasts with other interests into his store. Over the past month, he has received numerous request for rock climbing gear. As a result of these requests, Karl has entered into negotiations with three providers of high-quality rock climbing shoes and gear. What do Karl's activities show about his marketing for Karl's Sporting Goods?
Answer:
He has a marketing concept and is acting on it.
Explanation:
A marketing concept is the way by which businesses identify the needs of customers and come up with strategic ways of meeting those needs better than competing firms.
Different marketing concepts include: production concept, product concept, selling concept, marketing concept, and the societal marketing concept.
In the given scenario Karl's sporting goods only catered for fly fishers but as demand for other items increased they branched into other outdoor sport items.
He is stocking gear for swimming, rock climbing, and mountain bikers through partnership with suppliers even if they are not his primary market.
This is acting on marketing concept to be able to meet demand for the other outdoor sporting activities he does not normally supply
gdp is composed of four main categories. which of those categories are the primary target of fiscal policy?
Answer: government spending, consumption spending.
Explanation: gdp is composed of consumption spending
The category that is the primary target of fiscal policy is the spending of the government.
What is GDP?The full form of GDP is the Gross Domestic Product. It is a monetary measurement of all the final goods and services produced in a specific time period by countries, and it is the market value of all the final goods and services.
Personal consumption, business investment, government spending, and net exports are the four main categories of the GDP.
The aggregate of the government spending is the primary target of fiscal policy, as fiscal policy increases in the real GDP.
Therefore, the category that targets the fiscal policy is the government spending.
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Will cash bonuses speed the return to work of unemployed people? A state department of employment security notes that last year 68% of people who filed claims for unemployment insurance found a new job within 15 weeks. As an experiment, the state offers $500 to people filing unemployment claims if they find a job within 15 weeks. The percent who do so increases to 77%.
Answer:
Apparently handing out a cash incentive for getting a job when you are unemployed really works. A 9% increase in the number of unemployed people getting a new job is significant.
But this hypothesis has a flaw. Is there any way that you can tell if people quit on purpose just to be able to file for unemployment and get the cash bonus? Unemployment benefits vary a lot depending on the state, but the national average is $378 per week. If you multiply that by 4¹/₂ weeks per month = $1,701 (roughly). It is not a fortune, but its not that bad either.
If we add the extra $500 cash bonus to the total unemployment benefits, in 15 weeks a person could earn $500 + (15 x $378) = $6,170 for not working.
It doesn't make sense for someone earning a high salary to quit just to get unemployment benefits, but being unemployed pays you $6,170 / (15 x 40 hours) = $10.28 per hour and that is more than the minimum wage.
evergreen corp. issues 10,000, $1,000 face amount bonds. each bond can be converted into 20 shares of common stock. at the bond issue date, the company's common shares trade for $55 per share. at the date of issue, evergreen should recognize an addition to equity of
The common stock does not provide the corporation with any further benefits. the entire issue is a bond, after all. Bond issuance provides an additional $1 billion in operating funds.
What is common stock?
A security that symbolizes ownership in a firm is called common stock. Common stock owners choose the board of directors and cast ballots for corporate rules. Long-term rates of return are often higher with this type of stock ownership. The rights of common shareholders to a company's assets in the case of liquidation, however, begin only after bondholders, preferred shareholders, and other debt holders have been fully compensated. In the stockholders' equity section of a company's balance sheet, common stock is disclosed.
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McPherson Corp. does not make an annual physical count of year-end inventories, but instead makes weekly test counts on the basis of a statistical plan. During the year, Sara Mullins, CPA, observes such counts as she deems necessary and is able to satisfy herself as to the reliability of the client's procedures. In the reporting on the results of her examination, Mullins:
Answer and Explanation:
Since in the given situation it is mentioned that McPherson Corp has not done any physical count of inventory but rather it do weekly test counts based on statistical plan also such counts would be considered for satisfying herself so here the reporting would be that Mullins would have to submit an unqualified opinion as she is content with the client producers and considered them reliable & accurate
Lili spent $120 on a new sweater rather than using this money to buy her personal finance textbooks. The cost of doing without the textbooks is called the cost of buying the sweater. Group of answer choices
Answer:
opportunity cost
Explanation:
The opportunity cost is the cost that is incurred for purchasing any other thing in place of one thing or we can say it is a sacrification done to purchase another thing
Here in the question it is mentioned that the Lil spent $120 for purchasing a new sweater instead of buying her finance textbooks also the cost of buying the sweater is known as the non doing textbooks cost
So here it is a opportunity cost
Corporate executives often object to the use of open-source software because it lacks formal technical support, even though information and solutions regarding the software are usually readily available online.
A. True
B. False
Answer:
A. True
Explanation:
When the open source software used by the corporate executives so it would be lead to the lacking of technical support i.e. formal also the information and its solutions would be available online
So the given statement is true as the open source software deals with the source code that should be released in a license where the copyright holder would granted the users to have the right to use the same
What skills do you need be a marketing manager? as a marketing manager, you need to have skills and skills.
Answer:
You'll need:
the ability to sell products and services
excellent verbal communication skills
the ability to use your initiative
to be thorough and pay attention to detail
leadership skills
maths knowledge
business management skills
customer service skills
to be able to use a computer and the main software packages confidently
What is the legal document you must sign in order to apply for a private loan called?.
the contract that you must sign in order to submit an application for a private loan application for a loan evidence of identity Verification of income and employment evidence of address.
What is a loan?In finance, a loan is the lending of money by one or more someone, social group, or other entities to other individualists, organizations, etc. The recipient receives a debt and is usually liable to pay interest on that debt.
The federal government funds these loans. Buck private student loans: These loans are confederal loans, made by an investor such as a bank, credit union, state agency, or school.
Therefore, loans are confederal loans for Federal student loans and federal parent loans
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Does anyone’s else’s teacher do this and does not let you complete the test-
what is the top 5 Coronavirus negative impacts on businesses
abc automobiles include remote self-parking assist. this autonomous system allows cars to park themselves even when the owner is not inside the car. this service differentiates abc from other automobile manufacturers that do not offer this feature. this is an example of a(n)
abc automobiles include remote self-parking assist. this autonomous system allows cars to park themselves even when the owner is not inside the car. this service differentiates abc from other automobile manufacturers that do not offer this feature. this is an example of a(n) order winner
How do products succeed in the marketplace and get sales?Price, delivery dependability, delivery speed, quality conformance, demand growth, product range, design, distribution, design leadership, being an existing supplier, marketing and sales, brand name, technical liaison and support, and after-sales support are among the 14 characteristics of order-winners and qualifiers.
Product dependability and quality were order qualifying factors at Walmart. They provided high-quality goods and services that were always in stock, making them dependable. Walmart, however, provided inexpensive goods as order winners in order to acquire a competitive edge.
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Evaluate whether a business should made decisions solely on the basis of the profit made or weather it should also consider other factors.
While profit is important, it should not be the only factor that businesses consider when making decisions. A holistic approach that takes into account the impact on the environment, employees, and wider society is essential for sustainable success.
While profit is certainly a crucial factor for any business, it should not be the sole consideration when making decisions. There are other important factors that should be taken into account to ensure that the business is sustainable in the long run.
One such factor is the impact on the environment. Companies have a responsibility to reduce their carbon footprint and to minimize the negative impact of their operations on the environment. Failing to do so could result in a damaged reputation and loss of customers who are increasingly concerned about the environment.
Another important consideration is the well-being of employees. A business that values its employees and creates a positive working environment will be more productive and have lower turnover rates. It is also important for businesses to be socially responsible and to give back to the community through charitable donations and other initiatives.
Furthermore, businesses must also consider their impact on the economy. Decisions that negatively affect other businesses or the wider community could have negative consequences in the long term.
In conclusion, while profit is important, it should not be the only factor that businesses consider when making decisions. A holistic approach that takes into account the impact on the environment, employees, and wider society is essential for sustainable success.
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A business should not make decisions solely based on profit but should also consider other factors. While profit is a crucial aspect for the sustainability and growth of a business, focusing exclusively on profit can lead to negative consequences in the long run. Here are some reasons why businesses should consider other factors:
1. Ethical and Social Responsibility: Businesses have a responsibility to act ethically and consider the impact of their decisions on society and the environment. Ignoring ethical considerations can lead to reputational damage, legal issues, and loss of public trust.2. Customer Satisfaction: Satisfying customer needs and providing value should be a priority for any business. A sole focus on profit may lead to compromising product quality, customer service, or neglecting customer feedback, which can ultimately harm the business's reputation and customer loyalty.3. Employee Well-being: Employees are vital to the success of a business. Considering factors such as fair wages, a safe working environment, and opportunities for growth and development can enhance employee morale, productivity, and retention. Ignoring employee well-being may lead to high turnover rates, decreased productivity, and a negative work culture.4. Long-Term Sustainability: Making decisions with a long-term perspective is essential for the sustainability of a business. Focusing solely on short-term profit may result in neglecting investments in innovation, research and development, employee training, and market expansion, which can limit the business's ability to adapt to changing market dynamics and stay competitive.5. Stakeholder Relationships: Businesses operate within a network of stakeholders, including suppliers, investors, communities, and regulators. Considering the interests and maintaining positive relationships with these stakeholders is vital for long-term success. Ignoring stakeholder concerns may result in legal and regulatory challenges, supply chain disruptions, and damage to the business's overall reputation.In conclusion, while profit is important for the viability of a business, decisions should also consider ethical, social, and long-term factors. By adopting a holistic approach, businesses can build a sustainable and responsible foundation that benefits all stakeholders and ensures long-term success.
with the aid of industry and individual producer graphs explain how the long run equilibrium in perfect market will be achieved when an economic loss was made in the short run
In a perfectly competitive market, the long-run equilibrium is achieved through the process of entry and exit of firms. When an economic loss is incurred by individual producers in the short run, it signals an imbalance between the market price and the average total cost of production.
When individual producers experience economic losses, some firms will choose to exit the market in the long run. This exit occurs because firms are unable to cover their costs and generate profits. As a result, the supply in the market decreases, shifting the supply curve to the left. The reduction in supply leads to a decrease in the quantity of goods or services available in the market, which in turn puts upward pressure on prices.
As prices rise, the remaining producers who were able to operate at a lower cost may start to earn economic profits. This attracts new firms to enter the market, anticipating the opportunity to make profits. The entry of new firms increases the supply in the market, shifting the supply curve to the right.
The increased supply eventually leads to a decrease in prices, as competition intensifies among producers. This process continues until a long-run equilibrium is reached, where the market price equals the average total cost of production for each firm.
Graphically, this adjustment is represented by the shifting of the supply curve to the left in the short run due to firm exits, followed by a subsequent shift to the right in the long run due to new firm entries. The new long-run equilibrium occurs at the intersection of the demand and supply curves, where price equals average total cost, ensuring that firms earn zero economic profit.
Overall, the long-run equilibrium in a perfect market is achieved through the exit and entry of firms in response to economic losses or profits, respectively, leading to price adjustments and the restoration of equilibrium.
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Paris 21 co. Sold land to its 100% owned owned subsidiary. If the land is sold for a gain, from the consolidated view, when does paris 21 co recognize the gain? g
To calculate the income statement NCI, multiply the subsidiary's net income by the NCI percentage.
Example: If an organization owns 70% of his subsidiary, a minority partner owns 30% of him, and the subsidiary has a net income of $1 million. Non-controlling interest is calculated as $1 million x 30% = $300,000. A non-controlling interest (NCI) is an ownership interest of less than 50% in a company that gives investors little control over how the company operates due to the equity interest they hold. The voting percentage is used to determine if an investor has her NCI. Consolidated financial statements are prepared by each parent company that owns one or more subsidiaries.
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how do you do income statement
To prepare an income statement, you will need to generate a trial balance report, calculate your revenue, determine the cost of goods sold, calculate the gross margin, include operating expenses, calculate your income, include income taxes, calculate net income and lastly finalize your income statement with business details and the reporting period.
If you can't find the time to make one from scratch, there are templates that can be used to help.
gross margin : the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides.
net income : net earnings, is calculated as sales minus cost of goods sold, selling, general and administrative expenses, operating expenses, depreciation, interest, taxes, and other expenses.
mover wanted unitrust to be liable for the forgeries. unitrust refused, and mover filed a lawsuit against unitrust. the general rule is that a bank____ liable when the bank pays a forged check.
The general rule is that a bank is liable when it pays a forged check.
This means that if the bank pays a check that has been forged, it is responsible for the amount of the check that was paid and not the person who presented the check or the person who wrote the check. In the case mentioned in the student question, the mover wanted Unitrust to be liable for the forgeries, but Unitrust refused.
As a result, the mover filed a lawsuit against Unitrust. In this case, if the check that was presented to Unitrust was indeed forged, then Unitrust would be liable for the amount of the check that was paid, and the mover would be entitled to receive that amount from Unitrust as compensation for their loss.
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What is the GDP growth rate?
What is GDP per capita growth rate?
What is the productivity growth rate?
Help ASAP. The assignment's due tonight
The GDP growth rate, also known as economic growth rate, is measure of the change in country's gross domestic product (GDP) over a specific period of time, usually year or quarter.
What is economic growth?Economic growth refers to the increase in the production and consumption of goods and services in an economy over a specific period. This growth can be measured by changes in gross domestic product (GDP), which is the total value of all goods and services produced within a country's borders. Economic growth is generally seen as a positive development, as it creates jobs, increases income and improves living standards for people. However, it can also have negative consequences such as environmental degradation, inequality and inflation. Governments and central banks often try to promote economic growth through various policies, such as fiscal stimulus, monetary policy and investments in infrastructure and education.
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Dalia Ramirez Anchondo deposits $ 200 into her savings annuity every paycheck. She gets paid weekly. The credit union will pay Dalia 4% compounded quarterly. What is the future value of Dalia in 4 years.
Help me!!!!
Answer: $41,418.96
Explanation:
There are four quarters in a year and the interest rate is a yearly rate that should be converted to a quarterly rate:
= 4% / 4
= 1%
Delia gets paid $200 a week. There are 12 weeks in a quarter so the quarterly contribution is:
= 200 * 12
= $2,400
The number of quarters she invests is:
= 4 * 4years
= 16 quarters
As this payment is constant, it is an annuity.
Value after 4 years will be:
= Annuity * Future value interest factor of annuity, 1%, 16 periods
= 2,400 * 17.2579
= $41,418.96
Which option identifies the component of the SMART objective (specific, measurable, attainable, realistic, and time-bound) missing from the following scenario?
Half-hour video interviews will be conducted with each veteran, discussing his or her service in World War II.
The benchmark indicating whether the objective is attainable is missing (attainable).
The benchmark indicating whether the objective is doable is missing (realistic).
The benchmark indicating specifics within the objective is missing (specific).
The benchmark indicating when the objective will be complete is missing (time-bound).
Answer:
A- The benchmark indicating when the objective will be complete is missing (time-bound).
Explanation:
Took the Quiz, was right. My bro above helped me.
Trust moi.
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would you expect the presence of labor unions to lead to higher or lower pay for worker-members? would you expect a higher or lower quantity of workers hired by those employers? explain briefly.
Because a labor union has significantly more negotiating power than just an individual worker, they assist workers in obtaining higher salaries. However, since greater pay do not always equate to higher production, hiring employees will be costly for companies.
Why is higher compensation better?Greater compensation has been associated by economists with higher productivity because it reduces "decision fatigue" and encourages better physical and mental health. The higher minimum pay reduces employee turnover. Higher pay leads to lower employee turnover, which reduces the costs associated with recruiting and onboarding new staff.
What influences salary growth?A higher rate of real wage growth is produced by price inflation, which is stimulated by higher labor productivity as indicated by GDP per worker. The current slow wage increase in advanced countries is due in large part to
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analyze the merits and drawbacks of operating in a mass market.
Answer:
merits1. Cost efficiency
1. Cost efficiencyMass marketing is a cost-effective option when companies use it to advertise products that consumers consider necessities. Customized advertisements are often expensive compared to mass marketing campaigns. With mass marketing, companies might avoid using resources to contact customers individually.
2. Large scope
2. Large scopeMass marketing campaigns often reach wider audiences when compared to niche marketing techniques. Whereas niche marketing appeals to one specific type of customer, mass marketing targets all consumers in a market. When a company uses mass marketing, it sends each of its advertisements across several channels and has the potential to reach a variety of customers.
3. Brand awareness
. Brand awarenessMass marketing can increase a company's brand awareness. Customers that view a company's mass marketing campaign several times or in a variety of places may have an easier time recognizing the brand and its products. A solid brand image might discourage competition from other companies that use mass marketing and have similar products.
4. Time efficient
Time efficientMarketing teams can save time when using mass marketing techniques. Niche marketing requires professionals to create different advertisement strategies for each marketing segment. Mass marketing reduces the time spent on advertisement creation by using the same campaign for each type of customer.
drawbacks1. Customer experience
1. Customer experienceA customer's experience with a mass marketing campaign may vary depending on factors like their interests, demographics, needs and geographical location. Consumers have different needs and desires, and a single marketing campaign may not fulfill the wishes of each customer. For example, mass marketing may be successful in one geographic area but customers in other regions might not respond positively to it.
2. Inefficient for small businesses
2. Inefficient for small businessesMass marketing may be an inefficient strategy for small businesses. While it's a cost-effective option for large companies, mass marketing can be expensive for small businesses. Small businesses that sell unique products or services may find more success with customized advertisements that appeal to specific audiences.
3. Competition
3. CompetitionCompanies that rely on mass marketing may face competition from businesses that use targeted advertisements. Customers might prefer customized marketing campaigns and specific products rather than a single good or service that tries to appeal to an entire market. Consumers may specialize their searches when looking for a product to purchase and avoid interacting with mass advertisements. Additionally, new companies that try to enter the market may face competition from established businesses that rely on mass marketing to attract a consistent customer base.