what are some of the challenges marketers face when they work to develop ethical marketing strategies

Answers

Answer 1

Developing ethical marketing strategies presents several challenges for marketers. These challenges include navigating consumer skepticism and distrust, ensuring transparency and authenticity in messaging, and aligning marketing efforts with societal values and expectations.

Marketers face the challenge of addressing consumer skepticism and distrust, which has become more prevalent in recent years. Many consumers are wary of traditional marketing tactics and are quick to question the intentions and credibility of brands. Marketers need to establish trust by delivering on promises, providing accurate information, and engaging in transparent practices. Another challenge is ensuring transparency and authenticity in marketing messaging. With the rise of social media and online platforms, consumers have greater access to information and can easily verify claims made by brands. Marketers must ensure that their messaging is truthful and backed by evidence, as any misleading or deceptive practices can quickly damage a brand's reputation. Additionally, marketers need to align their efforts with societal values and expectations. Ethical marketing requires considering the broader impact of campaigns on society, such as promoting inclusivity, sustainability, and social responsibility. Marketers must navigate cultural sensitivities, avoid offensive or insensitive content, and actively contribute to positive social change.

Overall, the challenges marketers face when developing ethical marketing strategies involve addressing consumer skepticism and distrust, ensuring transparency and authenticity in messaging, and aligning marketing efforts with societal values and expectations. By overcoming these challenges, marketers can build stronger relationships with consumers and create a positive impact on both their brand and society as a whole.

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Related Questions

The output quantity chosen by a profit maximizing monopolist will be than if the market were more competitive a. higher b. lower c. no different 27

Answers

The output quantity chosen by a profit-maximizing monopolist will be lower than in a more competitive market. So, the correct option is b.  

In a competitive market, numerous firms operate and compete against each other, which drives prices down and forces firms to produce at efficient levels. However, in a monopolistic market, a single firm has control over the market and can set prices and quantities to maximize its own profits. The monopolist typically chooses a lower output quantity compared to a competitive market in order to create scarcity and maintain higher prices.

This allows the monopolist to capture a larger share of the market and generate higher profits. Therefore, the output quantity chosen by a profit-maximizing monopolist will be lower than if the market were more competitive.  So, the answer is (b) lower.

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the federal trade commission is an independent federal agency with five commissioners appointed by the ______ and confirmed by the ______.

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The federal trade commission is an independent federal agency with five commissioners appointed by the President and confirmed by the Senate.

What is the Federal Trade Commission?

The Federal Trade Commission (FTC) is an independent US government agency that is responsible for protecting consumers from fraud, misrepresentation, and unfair business practices. The Federal Trade Commission (FTC) was established on September 26, 1914, and is headquartered in Washington, D.C.

The purpose of the FTC is to promote consumer protection and the elimination of anticompetitive business practices by enforcing antitrust laws and preventing fraudulent, deceptive, and unfair business practices.

Hence, the federal trade commission is an independent federal agency with five commissioners appointed by the President and confirmed by the Senate.

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4. Determine the importance of environment conservation from the business viewpoint​

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Answer:

Economic expansion is not what is causing the climate crisis; rather, the lack of effective public policy meant to lower greenhouse gas emissions is to blame. As long as regulations are in place to limit the environmental effects of the goods and services we produce and use, there is no conflict between capitalism and environmental protection. With those regulations in place, consideration for environmental sustainability can and will be factored into every decision made by the private, nonprofit, and governmental organizations from which we all benefit.

The sustainability of the environment is not affected in the same way by all consumption patterns. The emergence of more sustainable lifestyles can be seen in consumption trends. Young Americans, for instance, don't seem as interested in buying cars as their parents and older siblings did. The advancement of the mobile phone has made ride-sharing, bike-sharing, and other transit options possible.

However, taking an Uber or driving your own car are both considered economic activities for the purposes of calculating GDP. These consumption patterns are typically not the subject of policymaking because they are quite influenced by shifting social norms than by governmental action. The only exceptions might be behavior that directly harms other people, like drinking and driving or smoking in public. New technologies can also lessen the impact of consumption on the environment.

Ironically, some environmentalists and some deniers of global warming share the view that environmental protection and economic growth must be compromised. Both can and must be done. Because most people in the developed world enjoy their way of life and won't give it up, we cannot stop investing in economic development. Environmental advocates will fail politically if they make such a request.

Explanation:

Political and business leaders may not care if economic growth harms the environment, and environmentalists may disagree, contending that neither economic growth nor environmental harm can coexist.

Even by itself, environmental protection promotes economic expansion. The air pollution control technologies we install on power plants and automobiles are made and sold by a third party. Additionally, environmental amenities are valuable.

Productivity for a small country was 25 units per worker hour in 2011. Productivity increased 20 percent between 2011 and 2016. What was the productivity figure for 2016? If the rate of increase is maintained, what will the figure be in 2021? In 2026?

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If the rate of increase in productivity is maintained, the productivity figure for the small country would be 36 units per worker hour in 2021 and 43.2 units per worker hour in 2026.

What is productivity?

Productivity refers to the level of efficiency with which resources, including time, money, and labor, are used to produce goods and services. It is a measure of how much output can be generated with a given amount of input. Higher productivity means producing more output with the same amount of input or producing the same amount of output with less input. It is a critical factor in economic growth and competitiveness as it directly impacts the profitability of businesses, the standard of living of individuals, and the overall health of the economy. Improving productivity can be achieved through various means such as better technology, efficient management practices, skilled workforce, and streamlined processes. However, it is essential to ensure that productivity growth is sustainable and does not come at the expense of worker well-being or environmental sustainability.

Productivity in 2016 = 25 units per worker hour x 1.2 = 30 units per worker hour

Productivity in 2021 = 30 units per worker hour x 1.2 = 36 units per worker hour

Productivity in 2026 = 36 units per worker hour x 1.2 = 43.2 units per worker hour

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You have purchased a put option on ABC common stock for $2 per contract. The option has an exercise price of $50. What is your net profit on this option if stock price is $42 at expiration?

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Net profit on the put option is $6 per contract. This is calculated by subtracting the exercise price ($50) from the stock price at expiration ($42), and deducting the initial cost of the option ($2).

Since the stock price at expiration ($42) is below the exercise price ($50), the put option is "in the money." The difference between the exercise price and the stock price is $8. After deducting the initial cost of the option ($2), the net profit per contract is $6.

Sure! Let's break down the calculation step by step.

A put option gives the holder the right to sell a stock at a specified exercise price. In this case, you have purchased a put option on ABC common stock for $2 per contract, with an exercise price of $50.

At expiration, the stock price is $42, which is below the exercise price of $50. This means that the put option is "in the money" because you have the right to sell the stock at a higher price than its current market value.

To calculate the net profit on the option, you need to consider the difference between the exercise price and the stock price, as well as the initial cost of the option.

The difference between the exercise price and the stock price is $50 - $42 = $8. This represents the intrinsic value of the option, as you can potentially sell the stock for $8 more than its current market value.

However, you also need to account for the initial cost of the option, which is $2 per contract. This is the amount you paid to acquire the option.

To determine the net profit, you subtract the initial cost of the option from the intrinsic value of the option: $8 - $2 = $6.therefore, your net profit on this put option would be $6 per contract.

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A high price-earnings ratio for a stock indicates that either the stock is a. overvalued or people are relatively pessimistic about the corporation's prospects. b. undervalued or people are relatively optimistic about the corporation's prospects. c. undervalued or people are relatively pessimistic about the corporation's prospects. d. overvalued or people are relatively optimistic about the corporation's prospects.

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A high price-earnings ratio for a stock indicates that either the stock is overvalued or people are relatively optimistic about the corporation's prospects.

What is the price-earnings ratio?

The price-earnings ratio refers to the ratio of a company's share price to the company's earnings per share. The ratio is used for valuing companies.

The overvalued or people that are relatively optimistic about the corporation's prospects are indicated by a high price-earnings ratio for a stock.

Therefore, D is the correct option.

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Any point inside a production possibilities curve is.

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Any point inside a production possibilities curve is an inefficient point of production.

What is the production possibilities curve?

The production possibilities curve is a curve that depicts the various combinations of two goods a country can produce when its resources are used to its optimum capacity.

Point outside the curve means that the production level is not attainable given the level of resources. Points inside the production possibilities curve means that the nations resources are not being fully utilised

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fill in the blank. a system that contains features of both process and job order operations is called a(n) ____costing system.

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A system that contains features of both process and job order operations is called a hybrid costing system.

This type of system is used when a company produces products that have some common features but also require customization. For example, a furniture manufacturer may produce standard designs but also offer customized pieces that require different materials and manufacturing processes.
In a hybrid costing system, costs are allocated to products based on both their direct and indirect costs. Direct costs are those that can be specifically traced to a product, such as materials and labor, while indirect costs are those that cannot be directly traced to a product, such as overhead expenses.
To determine the cost of each product, a hybrid costing system uses both job order costing and process costing methods. Job order costing is used for the customized products, where the costs are traced to each individual order or job. Process costing is used for the standardized products, where the costs are allocated to each production process or department.
Overall, a hybrid costing system provides more accurate cost information for companies that produce a mix of standard and customized products. This helps companies to better understand their costs and pricing strategies, and to make more informed decisions about their operations and profitability.

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Gianna put $1,000 in a savings account for 18 months. The interest on the account is 3.5%.

How much will Gianna earn in interest? What amount will she have at the end of the time period?

Answers

Answer:

You will earn $52.96 in interest

You have $1,052.96 in total.

Terrance has to make home mortgage payments.What can you Most likely conclude about Terrence based on this fact?
A. he has a low credit score
B.he has no current liabilities
C.he doesn't have quarterly tax bills
D. He has a long tem liability

Answers

Answer: He has a long-term liability.

Terrance has to make home mortgage payments.What can you Most likely conclude about Terrence based on

The conclusion that can be made from the given fact is that “Terrance has to make home mortgage payments,” which means that he has a long-term liability. Therefore, D is the correct option.

What is liability?

A liability is a term that is used to denote either a loan or an object that has to be paid back to the giver. It usually means a loan taken by a person or company by a bank or any lawfully financial institution. Such loans are paid back with money, goods, or services. In general terms, liability also means an object or a situation that can not pay back the money and amount of financial resources that have been invested or spent upon them.  

Thus, the conclusion that can be made from the given facts is that “Terrance has to make home mortgage payments,” which means that he has a long-term liability. Therefore, D is the correct option.

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Tano company issues bonds with a par value of $180,000 on january 1, 2021. The bonds' annual contract rate is 8%, and interest is paid semiannually on june 30 and december 31. The bonds mature in three years. The annual market rate at the date of issuance is 10%, and the bonds are sold for $170,862.

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The amount of the discount on these bonds at issuance is $3,414. Discount can be meant as the discount is the difference between the face value and the sale price of the bonds, multiplied by the number of years to maturity.

The amount of the discount on these bonds at issuance can be calculated by subtracting the sale price of the bonds from the face value of the bonds, and then multiplying by the number of years to maturity. The sale price is often shown in percentage.

Discount = (Face value - Sale price) x (Number of years to maturity)

Discount = (180,000 - 170,862) x 3

Discount = $1,138 x 3 = $3,414

So the amount of the discount on these bonds at issuance is $3,414.

The complete question is.

Tano issues bonds with a par value of $180,000 on January 1, 2016. The bonds' annual contract rate is 8%, and interest is paid semiannually on June 30 and December 31. The bonds mature in three years. The annual market rate at the date of issuance is 10%, and the bonds are sold for $170,862. 1. What is the amount of the discount on these bonds at issuance?

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This is the reply to the above article.

In my opinion, Steve Jobs made the right decision when opting for a projectized organization structure for his development teams. This structure allows the project team to focus only on the project and so they do not get distracted by other tasks unrelated to the project. Members of the project become thoroughly devoted to it that these projects can be completed more quickly, which is important because Apple products tend to revolutionize the market and the company must work fast to release their product before other companies do. Steve Jobs opted to give the Mac project team many benefits not given to other employees within the company. Many employees within the company not associated with the project would undoubtedly find such treatment unfair. However, if we were to look at this situation through Jobs’ point of view, it would be completely justified to give his project team special treatment. The Mac team comprises of the best talents within the company and are most suited to driving the project towards success. Steve Jobs needed to shower his team with these benefits to make them feel needed and appreciated as the task they are taking on would be monumental. He could not risk losing these talents to his competitors. Looking at it from the point of view of the employees not associated with the Mac team opens another can of worms. It is completely normal for an employee to feel unneeded when they see their peers receiving special treatment. From my personal experience, I have encountered many situations where my colleagues have received perks that were not offered to me. But when it comes to work and business, we must think of the bigger picture. Companies thrive off profit and certain means will inevitably be brought about to achieve that.

Question based on the reply to the article:

Did the reply provide enough explanation to help you understand their point(s) of view?

Did they provide strong evidence to support their viewpoint(s)?

What argument(s) or counter-argument(s) could you use to respond to their position(s)?

Does all this make sense together?

Have you ever considered the same views? Are you agreeable to their position(s)?

Answers

The reply to the article provides some explanation to help understand the author's point of view. They argue that Steve Jobs made the right decision by implementing a projectized organization structure for his development team.

This structure allows the team to focus solely on the project at hand, without being distracted by other tasks. The author believes that this devotion to the project leads to quicker completion, which is important for Apple products that aim to revolutionize the market.

In terms of evidence, the author mentions that Jobs provided the Mac project team with special benefits not given to other employees. They argue that this is justified because the Mac team consists of the best talents within the company and are crucial for the success of the project. The author also brings up the perspective of employees not associated with the Mac team who may view this special treatment as unfair.

To respond to the author's position, one could argue that providing special treatment to one team may create division and resentment among other employees. Additionally, it may discourage collaboration and hinder overall company unity. Another counter-argument could be that by focusing solely on one project, other important tasks and initiatives may be neglected, leading to missed opportunities for the company.

Overall, the reply does provide some explanation and evidence to support their viewpoint. However, it is important to consider different perspectives and potential drawbacks of such a structure. It's also important to note that personal experiences may vary, and not everyone may agree with the author's position.

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Example: Customers arrive at a carwash according to Poisson Distribution with mean 4 per hour. Time for washing a car is exponentially distributed with mean 10 minutes per car. The facility contains one service bay
1- What percent of the time the facility will be idle?
2- How many cars will be waiting for service when a customer arrives? (expected value)
3- How many cars will be in the facility when a customer arrives?
4-How long a customer arriving at the facility will have to wait before his/her car is washed?
5- How long a customer arriving at the facility will take till his/her car is washed and ready to leave the facility?
6-How many parking spaces should be provided so that an arriving customer will find an empty space at least 90% of the time? (let s be the desired number of parking spaces)
PLEASE SOLVE ALL OF QUESTIONS and SOLVE IT MANUALLY USING EQUATIONS

Answers

1. The facility will be idle approximately 6.7% of the time.

2. On average, there will be 0.4 cars waiting for service when a customer arrives.

3. On average, there will be 0.4 cars in the facility when a customer arrives.

4. A customer arriving at the facility will have to wait approximately 2.5 minutes before their car is washed.

5. A customer arriving at the facility will take approximately 12.5 minutes until their car is washed and ready to leave the facility.

6. To ensure that an arriving customer finds an empty parking space at least 90% of the time, approximately 3 parking spaces should be provided.

1. The percent of time the facility will be idle can be calculated using the formula for the Poisson distribution, where the mean arrival rate is 4 per hour. By plugging in the values, we find that the facility will be idle approximately 6.7% of the time.

2. The expected number of cars waiting for service when a customer arrives can be calculated using the formula for the Poisson distribution, where the mean arrival rate is 4 per hour and the mean service time is 10 minutes per car. By multiplying the arrival rate by the service time, we find that on average, there will be 0.4 cars waiting for service when a customer arrives.

3. Similarly, the expected number of cars in the facility when a customer arrives can also be calculated as 0.4 cars using the same approach.

4. The waiting time for a customer can be calculated using the formula for the exponential distribution, where the mean service time is 10 minutes per car. The average waiting time is half of the mean service time, so a customer arriving at the facility will have to wait approximately 2.5 minutes.

5. The total time a customer spends at the facility, including waiting and service time, can be calculated by adding the waiting time to the mean service time. Thus, a customer arriving at the facility will take approximately 12.5 minutes until their car is washed and ready to leave.

6. To determine the number of parking spaces needed, we need to find the minimum number of spaces that will ensure an empty space at least 90% of the time. This can be calculated using the formula for the Poisson distribution with the desired probability of finding an empty space. By plugging in the values and solving for the number of spaces, we find that approximately 3 parking spaces should be provided.

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In a regression and correlation analysis if r^2 = 1, then a. SSE must also be equal to one b. SSE must be negative C.SSE can be any positive value d. SSE must be equal to zero

Answers

In a regression and correlation analysis if r^2 = 1, then SSE must be equal to zero. Hence, option D is appropriate.

What is the meaning of Regression?

A statistical method called regression links a dependent variable with one or more independent (explanatory) variables. A regression model can demonstrate whether changes in any or all of several explanatory variables are related to changes in the dependent variable.

Researchers can anticipate or explain variation inside one variable depending on another parameter using regression. To approximate the relationship between the dependent variable and one or even more independent variables, regression is a statistical method.

Hence, option D is correct.

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The cost of quality has been estimated at what percentage of every sales dollar?.

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The percentage of every sales dollar that has been estimated is 15-20%. The cost of quality appraise the quality of the company's or organization's services or products.

The COQ also known as the Cost of Quality generally described as a methodology that allows organizations to determine the cost associated with maintaining and producing quality product. This method also allows organizations to determine the extent to which its resources are used for activities that prevent poor quality.

The Cost of Quality (COQ) divided into four types, there are:

Prevention cost: cost incurred to avoid or prevent quality problems. Internal Failure Cost: cost associated with defect funds before the customer receives the service or product.External Failure Cost: cost associated with defect funds after the customer receives the service or product.Appraisal Cost: cost incurred and associated with monitoring and measuring activities related to quality.

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1. Can a manager be effective if he or she does not have leadership skills? Explain your
answer.

Answers

No, he/she can't. The role of the manager is to manage a specific kind team in a workplace. To be effective, the manager should lead the people.

No it is not possible for a leader that does not have leadership skills to be an effective leader.

Leadership skills are those skills that are used to guide and direct other people towards a shared goal or a common purpose.

A leader that lacks the basic leadership skills is going to fail when it comes to managing a group. They would lack the ability to plan, execute and motivate.

At the end of the day, such leaders are more likely to cause more harm than good.

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locking a cell so that others cannot alters its contents is know as

Answers

Answer:

The correct answer is cell protection.

Explanation:

It is when you prevent others to edit or change the contents of certain cells in a sheet. In doing this, you first unlock all cells. Then, select the cells you want to lock then select the option to lock them. Hope this helped.

Answer:

The answer is Cell protection.

at the scene of an accident, the police are only responsible for assessing the: group of answer choices probability of a law violation. amount of loss. liability of the insurance company. extent of any injuries. amount of claim.

Answers

The police are responsible for assessing the probability of a law violation.

This includes determining if any traffic laws or regulations have been violated, such as speeding, running a red light, or driving under the influence of alcohol or drugs.

The police may also gather evidence, interview witnesses, and take statements from involved parties to assess the probability of a law violation and gather information for their investigation. The other factors listed, such as the amount of loss, liability of the insurance company, extent of any injuries, and amount of claim, may be determined through subsequent investigations, insurance assessments, or legal proceedings, and are typically not within the immediate scope of responsibility for the police at the scene of an accident.

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what is carrot and stick metaphor

Answers

Answer:

The carrot and stick metaphor is referring to punishment, and reward to force participation. You are rewarded for some actions and punished for others.

Explanation:

if a local library purchases audiobooks is that consumer spending

Answers

No, the purchase of audiobooks by a local library would not be considered consumer spending.

Consumer spending refers to the purchases made by individuals or households for personal consumption. In the case of a library, they are purchasing the audiobooks for the use of their patrons, rather than for personal consumption. However, the content loaded onto the library's digital platform or physical shelves would be considered a form of investment in providing valuable resources to the community.

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lucky started a new business last year. since it was the first year of operation, the business purchased $10,000 in machinery and used the straight-line method for depreciation. business is booming, so lucky purchased $15,000 in equipment during the current year to help meet production demands. which of the following statements is true regarding the depreciation choices available to lucky?

Answers

The new machinery can be depreciated under the same method or a different method than the previously purchased machinery.

In accountancy, depreciation is a term that refers to two aspects of the identical concept: first, the real decrease of truthful price of an asset, such as the lower in price of factory gadget each year as it's miles used and wear, and 2nd, the allocation in accounting statements of the unique cost of the belongings to durations wherein the property are used (depreciation with the matching precept). Depreciation is consequently the lower inside the fee of property and the technique used to reallocate, or "write down" the cost of a tangible asset (which includes equipment) over its beneficial existence span.

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Likely Oil Company owns the working interest in a small lease in Louisiana that has a
1/5 royalty interest. The royalty interest owner is Mr. Neal. Likely also owns the working
interest in numerous leases in Texas. Not having the facilities in Louisiana to develop the
Louisiana Lease, Likely assigns its entire working interest in the lease to Jones for a
consideration of $400,000, and retains a 15% overriding royalty. Assuming revenues of
$800,000 and costs of $500,000 for the first year of operations the working interest
owner will receive in revenue the first year of operation this amount. $___________.
Answer: 544,000
How to get the $544,000

Answers

The answer provided is $544,000. A company is an organization or entity engaged in business activities with the goal of generating profits.

To calculate the amount the working interest owner will receive in revenue for the first year of operation, we need to consider the various interests and deductions involved.

Calculate the gross revenue:

Gross Revenue = Revenues - Costs

= $800,000 - $500,000

= $300,000

Determine the net revenue for the working interest owner:

Net Revenue = Gross Revenue - Royalty Interest - Overriding Royalty

= $300,000 - Royalty Interest - Overriding Royalty

Calculate the Royalty Interest:

Royalty Interest = Gross Revenue * Royalty Interest Percentage

= $800,000 * 1/5

= $160,000

Calculate the Overriding Royalty:

Overriding Royalty = Gross Revenue * Overriding Royalty Percentage

= $800,000 * 15%

= $120,000

Calculate the net revenue for the working interest owner:

Net Revenue = $300,000 - $160,000 - $120,000

= $20,000

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The difference between the cost to make a good and the price is the: A. Elasticity Curve B. Profit C. Supply Curve D. Demand Margin

Answers

Answer:

B. Profit

Explanation:

I hope this helps :)

A cell phone plan costs $50 per month for 1,000 minutes and $0. 30 per minute for each additional minute after 1,000. What is the marginal cost of the 1st minute? 500th minute? 1,000th minute? 1,001st minute? 1,500th minute?.

Answers

The marginal cost of the 1st minute for each additional minute after 1000 minutes is at 1001st minute

What is marginal cost?

Marginal cost means the increase in cost per unit as a result of change in the number of volume of output or service.

In this case, the company would pay $50 for the first 1000 units, in other words, any number of minutes within the range of 0-1000 minutes has a fixed charge of $50, in essence, a change cost of the plan as a result of an increase of 1 minute would only take place at the 1001th minute the cost per minute then becomes variable.

Without mincing words, marginal cost for 1 minute cannot be computed at 500th minute because there is no increase then when a minute of usage is added, so also at 1000th minute.

In the same vein, the first 1minute is not at 1500th minute

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a site inspection may only be required at the very beginning of the sales process.

Answers

A site inspection is an essential part of any sales process, especially when it comes to selling property or real estate.

It is an opportunity for potential buyers to evaluate the condition of the property and assess whether it meets their requirements. However, it is not only necessary at the beginning of the sales process. Site inspections may be required at various stages of the sales process to ensure that the buyer has all the information they need to make an informed decision.
For example, a site inspection may be necessary when the buyer is ready to make an offer, as they will want to make sure that there are no unexpected issues that could impact their decision. Similarly, a site inspection may be required if there are any changes made to the property after the initial inspection. This could include renovations, repairs, or even minor cosmetic changes that could impact the buyer's decision.
In conclusion, while a site inspection is typically conducted at the beginning of the sales process, it may be required at other stages to ensure that the buyer has all the information they need to make a decision. A comprehensive sales process should include multiple opportunities for site inspections to ensure that the buyer is fully informed and can make a confident decision.

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In the _____ form of ecommerce, the web is used to connect individual consumers directly with retailers to purchase products.

Answers

In the B2C (Business-to-Consumer) form of ecommerce, the web is used to connect individual consumers directly with retailers to purchase products.

B2C ecommerce refers to the online transactions that occur between businesses and individual consumers. It involves the sale of products or services from businesses to end consumers through online platforms or websites. In this form of ecommerce, individual consumers browse through the retailer's online catalog, select the desired products or services, and make the purchase directly through the website. The retailer then fulfills the order and delivers the products to the consumer's specified location. B2C ecommerce has experienced significant growth with the advancement of technology and the widespread adoption of the internet. It provides convenience and accessibility to consumers, allowing them to shop from the comfort of their homes or on-the-go using various devices such as computers, smartphones, and tablets. Online retailers often offer a wide range of products, competitive prices, and personalized shopping experiences to attract and retain customers. B2C ecommerce has revolutionized the retail industry, enabling businesses to reach a global customer base and operate without the limitations of physical store locations. The rise of online marketplaces and platforms has further facilitated B2C transactions, connecting consumers with a diverse range of retailers and expanding their choices.

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Which of the following are the universal steps of Quality Planning (Juran and DeFeo, 2010)?
a. Define the customers and define their needs
b. Develop processes to deliver the product and service features
c. Transfer the resulting plans to operational personnel
d. All of the above

In the Six Sigma methodology acronym 'DMAIC', the 'I' stands for
a. Investigate
b. Integrate
c. Improve
d. Ignore

The quality elements within ISO9000:2000 rely on which five main clauses?
a. TQC, TQM, NQA, EQA, TPS
b. Prevention costs, appraisal costs, failure costs, improved customer satisfaction, increased sales
c. Design, development, supply, demand, production
d. Quality management system, management responsibility, resource management, production realization, and measurement, analysis, and improvement

Comparing actual performance with the __ is a collective method of managerial decision-making.
a. Standards of performance
b. Personnel ratio
c. Cost of operations
d. Number of complaints

Answers

Quality planning is the process of identifying which quality standards are relevant to the project and also helps in determining how to satisfy the customers. The universal steps of Quality Planning, as outlined by Juran and DeFeo (2010), include:

1. Define the customers and define their needs: This step involves identifying who the customers are and understanding their requirements and expectations.

2. Develop processes to deliver the product and service features: Here, the focus is on creating and refining the necessary processes and procedures to meet customer needs effectively.

3. Transfer the resulting plans to operational personnel: After the plans have been formulated, they need to be communicated and implemented by the operational personnel responsible for carrying them out.

Therefore, the correct answer is d. All of the above.

In the Six Sigma methodology acronym 'DMAIC', the 'I' stands for Improve. This stage focuses on identifying and implementing improvements to existing processes to achieve the desired outcomes.

The quality elements within ISO9000:2000 rely on the following five main clauses:

1. Quality management system: Establishing and maintaining a system to achieve quality objectives.

2. Management responsibility: Ensuring leadership commitment and involvement in quality management.

3. Resource management: Providing adequate resources for quality management activities.

4. Production realization: Ensuring the effective implementation of processes to produce conforming products and services.

5. Measurement, analysis, and improvement: Monitoring, measuring, and analyzing performance to identify areas for improvement.

Comparing actual performance with the standards of performance is a collective method of managerial decision-making.

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The Fed buys $10 million of securities from AIG. AIG has a desired reserve ratio of 0.05, and there is no currency drain.
As soon as the open market purchase is made, the bank's excess reserves are at $___ million

Answers

Answer:

$200,000,000

Explanation:

Given that:

Amount of securities purchased = $10 million

Desired reserve ratio = 0.05

The bank's excess reserve :

Money multiplier * amount of securities purchased

Money multiplier = 1 / reserve ratio

Money multiplier = 1 / 0.05 = 20

Excess reserve = 20 * $10,000,000

Excess reserve = $200,000,000

What should customer service representatives use to achieve a win-win outcome between customers and their employer?

both hard and soft skills
sales strategies
persuasion
goals and objectives

Answers

Answer:

i think it is the 3rd one I'm not sure but I need help on one of mine and it would be really good if you can help me I will appreciateit

Someone who creates attractive presentations of food dishes for magazines is called which of the following?
a. food stylist
b. research chef
c. personal chef
d. food preparation worker

Answers

Answer:A

Explanation:

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