Walgreens has had rapid growth in their store openings. Many times, they have stores within just a few blocks of each other. This is an example of Walgreens practicingA) retail format development.B) diversification growth.C) market penetration.D) market expansion.E) market divestment.
Answers
The practice of Walgreens opening stores within close proximity to each other is an example of market penetration. Market penetration is a growth strategy that involves increasing market share within an existing market or product category. Option C
In this case, Walgreens is targeting the same market and product category (pharmaceuticals and convenience items) but is expanding its reach by opening multiple stores in a concentrated area.
This strategy allows Walgreens to saturate the market, creating a dominant presence in the area and potentially attracting more customers due to convenience and accessibility. Additionally, having multiple stores in close proximity to each other allows for better inventory management and distribution efficiency.
Retail format development refers to the creation of new store formats or concepts, which is not the case with Walgreens. Diversification growth involves entering new markets or product categories, which is also not applicable here. Market expansion refers to expanding into new markets, while market divestment involves withdrawing from a market or product category, neither of which applies to Walgreens' situation.
In summary, Walgreens' rapid growth in store openings in close proximity to each other is an example of market penetration, a growth strategy that involves increasing market share within an existing market or product category.
Option C.
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Related Questions
According to the hofstede's framework, ________ indicates the degree to which people in a country prefer structured to unstructured situations.
Answers
According to Hofstede's framework, the term that indicates the degree to which people in a country prefer structured to unstructured situations is "uncertainty avoidance."
Hofstede's framework is a cultural dimensions theory developed by Geert Hofstede to understand and compare cultural values across different countries.
One of the dimensions in this framework is "uncertainty avoidance," which measures the extent to which individuals in a society feel uncomfortable with ambiguity and prefer structured and predictable situations.
Uncertainty avoidance reflects the cultural tendency to minimize uncertainty and risk by relying on established rules, regulations, and traditions. In countries with high uncertainty avoidance, people tend to prefer structure, predictability, and clear guidelines.
They may exhibit a greater resistance to change, a preference for established norms, and a desire for formal rules and procedures.
On the other hand, in countries with low uncertainty avoidance, individuals are more comfortable with ambiguity and unstructured situations. They may exhibit a higher tolerance for risk, a willingness to embrace change, and a preference for flexibility and adaptability.
By considering the level of uncertainty avoidance in a country, one can gain insights into how individuals within that society approach uncertainty and ambiguity, which can have implications for various aspects of social, economic, and organizational behavior.
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When consumers in the United States buy products made by China, they are buying imported goods.
True or False
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Showing your personality can help you...
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Get more interview requests.
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Get set up for live streaming.
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The basic economic problem results from not having enough resources to satisfy every need. a. True b. False
Answers
Answer:
True
Explanation:
Because the less product means less sales and less happy people. Hope this helps.
On the income statement, a merchandising company reports the cost of merchandise inventory that had been sold to customers. TRUE OR FALSE
Answers
Answer:
True
Explanation:
The correct answer is - True
Reason -
Cost of goods sold is the inventory cost to the seller of the goods sold to customers. It Expense item with a normal debit balance.
The word expense is not written there but it is an expense item on the income statement as a reduction to Revenue.
Which term refers to the possibility of an investor losing some or all of an investment?
risk
likelihood
probability
chance
Answers
Answer:
Option A, Risk
Explanation:
Risk signifies the condition of loosing something or some inappropriate happening. All other terms i.e likelihood, probability and chance can refer happening of both positive or negative thing.
Risk is the only term that signifies only a negative happening. Hence, It is the right choice of answer
The term that refer to the possibility of an investor losing some or all of an investment is known as risk.
What is a risk?Risk means uncertainty about future occurrence. Risk is defined as the condition of loosing something or unexpected happening.
The only term that shows only a negative event is risk, often associated with investment.
Hence, the term that refer to the possibility of an investor losing some or all of an investment is known as risk.
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Effective problem statements in a business report tend to explain Multiple choice question. what other firms are doing about the problem. the specific context of the problem. numerous other difficulties the organization is facing. the best way to resolve the problem.
Answers
The effective problem statement explains the specific context of the problem and the best way to resolve the problem.
The effective problem statement is a section in a business report that spot a problem & addresses the problem and explains clearly why it is important to address such problem.
Therefore, the Option B and D is correct because the effective problem statement explains the specific context of the problem and the best way to resolve the problem.
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Which function of money describes its ability to enable trade between
different people?
A. Store of value
B. Measure of value
O C. Standard of deferred payment
D. Medium of exchange
Answers
Answer:
D. Medium of exchange
Explanation:
A medium of exchange is any physical object used as a measure of value to facilitate the transfer of goods and services between sellers and buyers. A medium of exchange acts as a go-between in transactions. In modern trade, money is the most widely accepted medium of exchange.
Today, goods and services are given a monetary value. Trade becomes relatively easy as buyers and sellers know how much money is needed to complete a transaction.
Both common stock and preferred stock allow shareholders voting rights in the company in which they have invested.
True
False
Answers
Answer:True
Explanation:
Auditors may choose not to confirm accounts payable because:
Answers
The auditor may choose not to check the liability as other reliable external evidence is likely available to support the balance.
What is an auditor?An auditor is a person who verifies the accuracy of recorded commercial transactions. Auditors need to confirm that the processes are working as planned and that the financial statements prepared by the organization fairly reflect its operations and financial results. They mainly deal with statutory audits.
It examines the company's financial records and accompanying financial report presentations. This person can also independently analyze various processes within the company and assess the level of corporate governance. Internal auditors report their findings and suggestions for improvement to the Board of Directors.
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which of the following is an important number to remember when seeking employment
Answers
social security number
Answer: social security number is correct
Explanation:
suggesting a company align itself with a certain concert series
Answers
Recommending that a business affiliate itself with a particular concert series known as "sponsorship".
Explain the term sponsorship?The role or responsibility of an individual or entity that endorses, promotes, counsels, or contributes to the funding of an individual, an organization, or a project:
Your sponsorship contribution will be used to cover the child's tuition and ensure that they eat three meals every day. The terms and conditions of a business's relationship with any brand, occasion, or person promoting the company are outlined in a sponsorship agreement, which is a type of business contract. A marketing or brand ambassador arrangement between a business and a celebrity and social media influencer can also be included in a sponsorship contract.Thus, recommending that a business affiliate itself with a particular concert series known as "sponsorship".
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The complete question is-
suggesting a company align itself with a certain concert series is called _________.
when decentralized governmental units operate independently and compete with each other, governments will attract residents and expand their tax base when?
Answers
When decentralized governmental units operate independently and compete with each other, governments will attract residents and expand their tax base when They provide residents with desired services at an attractive tax cost.
A decentralized government is one in which authority is spread over a legislative body rather than keeping it in the hands of a select few. Decentralized government is made to ensure that power is not concentrated in hands of few but should be distributed among many, so that an efficient decision can be made for the welfare of people and society as whole.
Decentralized government gives individuals more power through an elected member government in an attempt to tackle problems in society. Decentralized government may refer to constitutional or legislative changes, the creation of regional political organizations or new political parties, etc.
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a deliverable does not meet the agreed-upon quality specifications and is rejected by the customer. after investigation, the project team finds that there is a fault with the vendor-provided parts, and this fault caused the issue. the vendor says that they cannot correct the situation. what should be reviewed before deciding on next steps?
Answers
The vendor says that they cannot correct the situation. Procurement management plan and contract agreements.
Within the financial markets, the term “transport” refers back to the act of moving a commodity, foreign money, safety, coins, or some other instrument that is the problem of an agreement. it is frequently used with regard to by-product contracts along with futures and alternatives.
For any enterprise, either eCommerce, outlets, or wholesalers, it is extraordinarily essential to supply merchandise efficaciously. clients want a fast, dependable, and secure shipping carrier. if you want to enhance customer enjoyment by presenting quality carriers, it is crucial to provide accurate and fast deliveries.
Provider shipping is a commercial enterprise framework that supplies services from a company to a consumer. it is also the steady interaction between the two parties at some stage in the duration of the time wherein the company components the provider and the patron purchase it.
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Diana's gross pay was $890 and her total deductions were $89. What is her net pay?
Answers
Explanation:
Greetings !
Diana's gross payment - Her deductions = Her net payment.
Thus, $890-$89=801$=Net payment of Diana.
Hope it heps!
5. Do a SWOT analysis for the business idea you chose in question 2 above. Describe at least 2 strengths, 2 weaknesses, 2 opportunities, and 2 threats for that company idea. (1-8 sentences. 4.0 points)
6. Make a list of at least 3 people you would want to give copies of your business plan to, and explain why you chose each of those people. (1-5 sentences. 3.0 points)
Answers
PART I
Answer:
The business idea is that of a Bakery that specializes in pastry that is mixed with fruits.
Explanation:
SWOT
Strengths
Unique Value Proposition which is healthier bread and cake recipes20 years experience in baking which translates to strong industry knowledgeWeaknesses
Insufficient Equipment to go withWeak or zero visibility for new businessOpportunities
Little or no competition as the recipes are unique to meHuge demand for healthier pastry especially in my current locationThreats
The industry is heavily regulated and may be shut down if there are compliance issuesOne competition that knows what they are doing and combines pastry with healthy drinks such as smoothies. We don't do smoothies.Part II
Answer:
The persons I would give the business plan to are:
My family An angel investor who I met on LinkedIn who supports small businesses and start-upsMy banker of over 20 yearsI would give the business plan to my family members because they are the easiest people to raise funds from and also because family, can decide to contribute in cash or in-kind with no interest required.I would give the business plan to an angel investor because their funds are cheaper than those of the banks though a little more difficult to come byBanks always have the funds but the funds come at a higher cost than the first two.Cheers
The smaller the GDP, the larger the economy.
Answers
Answer:
Real gross domestic product is an inflation-adjusted measure
price levels and provides a more accurate figure of economic growth
This means that if inflation is positive, real GDP will be lower than nominal, and vice versa
____ usually consist of 8 to 12 people involved in a discussion led by a moderator skilled in getting consumers to discuss a subject thoroughly. a. Focus groups d. Shadowing studies b. Longitudinal studies e. None of the above. c. Experiments
Answers
Focus groups usually consist of 8 to 12 people involved in a discussion led by a moderator skilled in getting consumers to discuss a subject thoroughly.
What are focus groups?
Focus groups are qualitative research in which participants are encouraged to talk freely and openly about a particular subject. The group usually comprises of 8 to 12 people involved in a discussion led by a moderator skilled in getting consumers to discuss a subject thoroughly.
Focus groups provide detailed data on what consumers think about certain products or services, how they make buying decisions, and how they react to marketing messages or advertising campaigns.
The results of a focus group can provide valuable feedback to marketers, product developers, and researchers and provide insights on how to create better products, advertisements, or promotional materials.
Focus groups help companies get a better understanding of the needs and wants of their target audience.
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Which of the following can cause a run-time error?
A programmer anticipated a positive whole number, and the user input a negative decimal value.
A programmer anticipated text data, and the user input text data.
A programmer anticipated numeric data, and the user input numeric data.
A variable was not defined because of a typographical error in the definition of that variable.
Answers
Answer:
A programmer anticipated a positive whole number, and the user input a negative decimal value.
Explanation:
Edge : )
Answer:
A programmer anticipated text data, and the user input text data.
The two dollar store has a cost of equity of 10.7 percent, the ytm on the company's bonds is 5.3 percent, and the tax rate is 21 percent. if the company's debt-equity ratio is .42, what is the weighted average cost of capital?
Answers
Answer:
First, we need to calculate the cost of debt:
Cost of debt = YTM on bonds * (1 - Tax rate)
Cost of debt = 5.3% * (1 - 0.21)
Cost of debt = 4.187%
Next, we can calculate the cost of equity using the capital asset pricing model (CAPM):
Cost of equity = Risk-free rate + Beta * (Market risk premium)
Assume the risk-free rate is 2.5%, the beta is 1.2, and the market risk premium is 7% (historical average).
Cost of equity = 2.5% + 1.2 * 7%
Cost of equity = 10.9%
Now, we can use the debt-equity ratio and the cost of debt and equity to calculate the weighted average cost of capital (WACC):
WACC = (Equity / Total capital) * Cost of equity + (Debt / Total capital) * Cost of debt * (1 - Tax rate)
Assume the total capital is $100, with $42 of debt and $58 of equity.
WACC = (58/100) * 10.9% + (42/100) * 4.187% * (1 - 0.21)
WACC = 6.305% + 2.274%
WACC = 8.579%
Therefore, the weighted average cost of capital for the Two Dollar Store is 8.579%.
Drivers can incur fines for the following reasons:
A. Obstructing driveway issues on Complaint $60.50
B. Parking in a Handicap space/no plate or card $200.00
C. Parked on sidewalk $25.00
D. All the Above
Answers
Answer:
D. All of the above
Explanation:
Answer:
All of the above
Explanation:
You can deduct money on all these reasons
Which two are benefits of equity funding? (Choose two)
1. Loan payments are predictable; they do not change with the fortunes of the business.
2. Can be used to raise working capital.
3. Investors do not get paid if the business does not make a profit.
4. Loan payments can be set up so they match seasonal sales of the business.
5. Investors have no say in the management or direction of the business.
Answers
The benefits of equity funding are it can be used to raise working capital.
Investors do not get paid if the business does not make a profit. Option 2 and option 3 are appropriate response.
What is equity funding?
The practice of raising money through the selling of shares is known as equity funding. Companies raise money to pay expenses in the short term or because they have a long-term objective and need money to invest in their expansion.
A firm effectively sells ownership in their business when it sells equity shares in exchange for money. There are two methods of equity funding: the private placement of stock with investors and public stock offerings.
Equity funding is used when companies, have a short-term need for cash. It is used to raise working capital. It carries no repayment obligation, investors are only paid when the business is profitable.
Hence option 2 and option 3 are correct response.
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A company purchase used equipment for $1,000. Equipment required installation costs of $100 and insurance of $50 at what amount should the equipment be recorded?
Answers
The used equipment cost should be recorded: at an amount of $1,150, as this includes the purchase cost of $1,000, installation cost of $100, and insurance cost of $50.
To determine the amount at which the equipment should be recorded, we need to consider the total costs associated with acquiring and preparing the equipment for use. These costs include the purchase cost, installation cost, and insurance cost.
Step 1: Identify the costs associated with the equipment.
- Purchase cost of used equipment: $1,000
- Installation cost: $100
- Insurance cost: $50
- Total cost = Purchase cost + Installation cost + Insurance cost
- Total cost = $1,000 + $100 + $50
- Total cost = $1,150
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3.
What is the importance of trade?
Answers
A company’s code of conduct is likely to include rules on
A. hourly pay
B. processes for handing outside contractors
C. personal use of company confidentiality agreement
Answers
C. personal use of company confidentiality agreement
Answer:
c for sure
Explanation:
thats one of the main things especially if you work in the healthcare industry.
HIPAA is extremely important... invasion of provacy or violating the act can set you into jail
Which of the following is an example of synthesizing?
Answers
Answer:
It's B.
Explanation:
I believe it's B, Putting ideas and concepts together to form a conclusion.
That's almost exactly the definition of synthesizing anyway. ♥
Putting ideas and concepts together to form a conclusion is an example of synthesizing. Thus, option 'B' is the correct option.
What does synthesizing mean in writing?Synthesis is the process of combining different parts to create a whole. Writing instructors frequently use this word when instructing students to produce a literature review or any work that calls for the utilization of several sources. When writing instructors use this word, they frequently want students to produce papers that draw connections from a number of sources so that their papers are not structured source by source but rather subject by topic to produce a whole work.
This handout offers ideas in the areas to assist students in using synthesis in their writing more effectively. We instinctively combine information to assist others in making connections between various concepts. Synthesis occurs, for instance, when you tell a friend what a number of other friends have remarked about a piece of music or movie.
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i will give $1000 to someone that can help me with this. and im being serious
Answers
Answer:
shell say to get your team together and lead if can do it do it, if you cant, don't
Explanation: you're the team leader you're supposed to be able to make decisions even the hard ones
2. If changes happen during September or October, which expenses will you be able to change most easily? Give an example of how you could make a change. (5 points)
Answers
The correct answer to this open question is the following.
Although the question does not provide any context, references, or give options, we can say that if changes happen during September or October, the expenses you will be able to change most easily are according with the provisions projected in the annual plan, the budget, compared with the monthly expenses.
That is why a company has to elaborate on a good financial plan and overseeing the projections and true sales of the marketing and sales plan. This is important to take the proper control of expenses and revenues. Depending on the volume of sales during September and October, you can decide what kind of changes or adjustments to make in the following months.
Answer:
I would be able to change the variable expenses most easily. Such as food, clothing, and discretionary spending.
I could make the change by
Budgeting in October:
food from spending -$70 back to -$60
cut clothes off since I bought some already from -$40 to $0
budget my discretionary spending from -$60 back to -$40
This would increase my savings to $230
Effective managing of accounts receivable is important because it
A. accurately shows the revenues of a company
B. determines the liability on the balance sheet
C. indicates the profitability of a company
D. affects cash flow and liquidity in a company
Answers
Answer:
the answer is D
Explanation:
the answer is d
When a firm has __________, it can place more emphasis on other objectives.
Answers
When a firm has money or dollars , it can place more emphasis on other objectives.
What is Firm objectives ?
Profit maximization is a business firm's primary goal, according to the traditional theory of the firm. Price and output of a given product under perfect competition are decided with the only goal of maximizing profits, under the assumptions of given tastes and technology.
What does the company hope to achieve financially?
firm is to maximize the wealth of its owners." that the management's top priority is stockholder wealth maximization, which translates into boosting the price of the common stock. maximize the firm's value. The goal is to increase the stock price in trading and markets that are thought to be efficient.
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