Strategy is the set of goal-directed actions a firm takes to gain and sustain superior performance relative to competitors. In any competitive situation, therefore, a good strategy enables a firm to achieve superior performance.
The assumed conception or needs of a function are what constitute job performance in the workplace. Contextual and task performances are the two categories of job performances. While contextual performance is based on personality, task performance is based on cognitive ability. Task completion is related to behavioral roles that are mentioned in job descriptions and pay scales. They are directly tied to organizational performance, as opposed to contextual performances, which are value-based and add extra behavioral roles that are not acknowledged in job descriptions and are compensated; these extra roles are related to organizational performance in an indirect manner. The same collection of individual activity and contributions (prosocial organizational behavior) that promote organizational culture is related to citizenship performance, just as it is with contextual performance.
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What can a boosted post help an advertiser achieve?
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
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When you receive a loan, the money the lender gives you is called the
Answer:
The Principle
Explanation:
There are two main parts of a loan: The principal -- the money that you borrow. The interest -- this is like paying rent on the money you borrow.
3. The owner of a specialty delicatessen buys baskets, decorates and fills them with food items, and
sells them as one of the products in the shop. The entrepreneur sells an average of 130 baskets a
month The basket supplier charges $0.50 per basket. The entrepreneur would like to reduce his
variable costs and has found a basket supplier who will charge only $0.40 per basket. How much
will the delicatessen owner save in a year by changing suppliers?
Answer:
$156
Explanation:
he old price per basket is $0.50 per basket
the new supplier has a price of $0.40 per basket
Savings per basket is $0.10 ($.50- $0.40)
The average sales per month are 130 baskets.
The average savings per months will be
=$0.10 x 130
=$13
yearly savings will be
=$13 x 12 months
=$156
in an economy with constant velocity, a real gross domestic product growth rate of 2 percent, an ex ante real interest rate of 3 percent, and a money supply that is expected to grow at 7 percent, the nominal interest rate would be percent.
The nominal interest rate would be 12%. Nominal interest rate is the percentage rate of interest that is quoted on a loan or deposit, without adjusting for inflation.
Nominal interest rate is the interest rate as it is stated, without any adjustment for the effect of inflation on the purchasing power of the money that will be received. It is the rate of interest that borrowers pay on loans and the rate of interest that depositors receive on savings and other deposit accounts.
To determine the nominal interest rate you can use this formula:
Nominal interest rate = Real GDP growth rate + Ex ante real interest rate + Expected growth rate of money supply
In this case:
Nominal interest rate = 2 percent + 3 percent + 7 percent
Nominal interest rate = 12%
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True or False When evaluating the choice you made you should never second guess your decision? Pls help
Answer:
False. When you want to make a decision, you have to think about the consequences. Good or bad? Will it affect someone mentally? Will it help you in the future? It's about the consequences.
Explanation:
Compute the Margin of Safety LO5-7 Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget appear below: Required: Selling price per unit. Variable expense per unit Fixed expense per month Unit sales per month.. What is the company's margin of safety? 2. What is the company's margin of safety as a percentage of its sales? EVERCING- $30 $20 $7,500 1,000
Molander Corporation's margin of safety is $2,500, and its margin of safety as a percentage of sales is 25%.
The margin of safety measures the difference between the actual sales and the breakeven point, indicating the level of sales that can be lost before the company starts incurring losses. It is calculated by subtracting the breakeven sales from the actual sales.
In this case, the selling price per unit is $30, the variable expense per unit is $20, the fixed expense per month is $7,500, and the unit sales per month are 1,000.
To calculate the breakeven point, we divide the fixed expenses by the contribution margin per unit. The contribution margin per unit is the selling price per unit minus the variable expense per unit.
Contribution margin per unit = Selling price per unit - Variable expense per unit
= $30 - $20
= $10
Breakeven point (in units) = Fixed expenses / Contribution margin per unit
= $7,500 / $10
= 750 units
The actual sales are given as 1,000 units. Therefore, the margin of safety is 1,000 - 750 = 250 units.
To calculate the margin of safety as a percentage of sales, we divide the margin of safety by the actual sales and multiply by 100.
Margin of Safety % = (Margin of Safety / Actual Sales) * 100
= (250 / 1,000) * 100
= 25%
Therefore, the company's margin of safety is $2,500 (250 units) and its margin of safety as a percentage of sales is 25%.
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Jose only car not payment of $436 and a credit card payment of $50 every month. What is the minimum amount of money he must take home every month to avoid being in danger of credit overload
The minimum amount of money he must take home every month to avoid being in danger of credit overload is $2430. This is further explained below.
What is the minimum amount of money he must take home every month to avoid being in danger of credit overload?Generally, The information provided in the question indicates that Jose's monthly expenditures total at least $486 ($436 for the payment on the auto loan and $50 for the monthly payment on the credit card). It is important to include certain additional costs relating to the residence, such as food, which when added together result in $2430; hence, it is the response that is right.
In conclusion, The bare minimum amount of cash that he needs to bring home each month in order to minimize the risk of having an excessive amount of debt is $2,430.
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When looking at a financial aid award letter, which type of aid would you have to pay back?
a) Federal work-study
b) merit scholarship
c) federal pell grant
b) Perkins loan
Answer:
There are four components you need to consider: Yearly costs, such as tuition, fees, books, room and board, travel expenses, etc. Financial aid that you don't have to pay back, such as scholarships, grants, and work-study. Financial aid that you do need to pay back, such as as federal loans.
Explanation:
I hope this helps!On 31 January 2017, you bought 200 shares of a company for $422.84 a share and on 31 January 2021 you sold them for $862.14 a share. In January 2021, you also received a cash dividend of $11.64 per share. Calculate the annual holding period yield (in percentage) on your investment.
The annual holding period yield (in percentage) on the investment of 200 shares purchased
at $422.84 a share and sold at $862.14 a share and a cash dividend of $11.24 per share is 14.27%.
Number of shares = 200
Cost per share = $422.84
Selling price per share = $862.14
Dividend per share = $11.24
To calculate the annual holding period yield of the investment, we need to determine
the holding period, the dividend, and the return on investment.
Holding period = (2021 - 2017) = 4 years
Dividend income = $11.24 x 200 = $2,248
Total revenue from selling shares = Selling price per share x Number of shares= $862.14 x 200 = $172,428
Total Cost of 200 shares = Cost per share x Number of shares= $422.84 x 200 = $84,568
Total Return on Investment = Dividend income + Total Revenue from Selling Shares - Total Cost of shares= $2,248 + $172,428 - $84,568= $90,108
Annual Holding Period Yield = ((Total Return on Investment / Total Cost of shares)^(1/number of years)) - 1= (($90,108/$84,568)^(1/4)) - 1= (1.06769^(1/4)) - 1= 0.135 = 13.5% (rounded to one decimal place)Therefore, the annual holding period yield (in percentage) on the investment of 200 shares purchased at $422.84 a share and sold at $862.14 a share and a cash dividend of $11.24 per share is 14.27%. (rounded to two decimal places).
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Which economic decision would be most influenced by a change to interest on reserves: APEX
The economic decision would be most influenced by a change to interest on reserves is A bank is deciding whether to lend money or keep it in reserve. Thus the correct option is B.
What is a Bank?A bank is referred to as a financial institution that allows an individual to deposit and withdraw cash and allow them to borrow funds with a fixed interest rate for the purpose of investment.
As a macroeconomic strategy, adjusting interest reserves would have the slightest influence on people's decisions. As a result, it might influence the way institutions like banks that are a part of the macroeconomic society make decisions about the economy.
To control economic disturbance and attain price level, central banks employ monetary policy, which results in inflation that is low and constant. Therefore, option B is appropriate.
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The complete question is Probably
Which economic decision would be most influenced by a change to interest
on reserves?
A. An individual is deciding whether to take out a bank loan.
B. A bank is deciding whether to lend money or keep it in reserve.
C. An investor is deciding whether to purchase treasury securities.
D. A business is deciding whether to hire additional employees.
4) Ann is taking a 1-year loan with payments at the end of each month. The first 8 payments are $1000 and the final 4 payments are $600. The nominal annual interest rate compounded monthly is 6%. Find the initial loan amount, and also the outstanding balance right after the 6th payment has been made.
5) Manuel takes a 5-year loan that has 60 end of the month payments of L under the nominal annual interest rate of 12% compounded monthly. He uses the loan amount to purchase a 1000 par value 10 year bond, yielding an annual nominal rate of 8% compounded semi-annually, and paying semi-annual coupons at an annual nominal rate of 6%. Find L.
6) Find the internal rates of return on a cash flow with deposit amounts of A0 = 40, A1 = 120, A2 = 290, and withdrawal amounts of B0 = 240, B1 = 20, B2 = 10, at times t = 0, t = 1, t = 2, respectively.
The formula to calculate internal rate of return is:-40/(1+i)⁰ + 120/(1+i)¹ + 290/(1+i)² − 240/(1+i)⁰ − 20/(1+i)¹ − 10/(1+i)² = 0By hit-and-trial,The internal rate of return is i = 32.95% (rounded to two decimal places).
4) Ann is taking a 1-year loan with payments at the end of each month. The first 8 payments are $1000 and the final 4 payments are $600. The nominal annual interest rate compounded monthly is 6%. The monthly payment is calculated by the loan formula and annuity formula as follows:PV = (1000[(1+0.005)¹⁰⁸ − (1+0.005)⁶])/(0.005(1+0.005)⁶) + 600[(1+0.005)⁶ − 1]/0.005PV = $8391.11Since PV + $1000 = $9391.11 is the amount borrowed, the initial loan amount is $9391.11.The outstanding balance after the 6th payment has been made is the future value of a loan. The formula to calculate the outstanding balance is:FV = PV(1+i)ⁿ - PMT((1+i)ⁿ - 1)/iwhere,FV = future value of a loanPV = present value of a loanPMT = payment per periodi = interest raten = number of periodsFV = 8391.11(1+0.005)⁶ - 1000[((1+0.005)⁶ − 1)/0.005]FV = $6828.70Therefore, the outstanding balance right after the 6th payment has been made is $6828.70.5) Manuel takes a 5-year loan that has 60 end of the month payments of L under the nominal annual interest rate of 12% compounded monthly. He uses the loan amount to purchase a 1000 par value 10 year bond, yielding an annual nominal rate of 8% compounded semi-annually and paying semi-annual coupons at an annual nominal rate of 6%.The monthly payment is calculated by the loan formula and annuity formula as follows:PV = L[(1+0.01)⁶⁰ − 1]/0.01PV = L[1146.74]PV = $1146.74L is the amount of the monthly payment which will be used as the future value of an annuity:FV = PV(1+i)ⁿ - PMT((1+i)ⁿ - 1)/iwhere,FV = future value of an annuityPV = present value of an annuityPMT = payment per periodi = interest raten = number of periodsTherefore,$1000 = $46.50(1+0.04)¹²⁰ + $1000/(1+0.04)¹²⁰FV = 1099.34L[ (1+0.01)⁶⁰ − 1 ]/0.01 = $1099.34L[1146.74]/0.01 = $1099.34L = $956.37Therefore, L = $956.37.6) Find the internal rates of return on a cash flow with deposit amounts of A0 = 40, A1 = 120, A2 = 290, and withdrawal amounts of B0 = 240, B1 = 20, B2 = 10, at times t = 0, t = 1, t = 2, respectively.The internal rate of return is the discount rate that sets the net present value (NPV) of the cash flow to zero. The formula to calculate internal rate of return is:-ΣAn/(1+i)ⁿ + ΣBn/(1+i)ⁿ = 0where,An = deposit amount in the nth periodBn = withdrawal amount in the nth periodi = internal rate of returnThe cash flow is given by:A0 = $40A1 = $120A2 = $290B0 = −$240B1 = −$20B2 = −$10The formula to calculate internal rate of return is:-40/(1+i)⁰ + 120/(1+i)¹ + 290/(1+i)² − 240/(1+i)⁰ − 20/(1+i)¹ − 10/(1+i)² = 0By hit-and-trial,The internal rate of return is i = 32.95% (rounded to two decimal places).
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what independent sales branch is being replaced by a manufacturer sales branch
What is the expected value of each option?
this form will be sent to Lily by the end of January. She will use this form to...
Answer:
\(\large\colorbox{white}{File her income taxes}\)
Explanation:
\(\large\colorbox{orange}{ɪ ʜᴏᴘᴇ ɪᴛ ʜᴇʟᴘs}\)
\(\large\colorbox{lime}{Xxᴊᴀsʜ13xX}\)
Managers, across industries, spend about _____% of their time in verbal interaction. Group of answer choices 25 33 50 95 75
The average time which managers, across industries, spend in verbal interaction is:
E. 75%According to the given question, we are asked to find out the average time which managers, across industries, spend in verbal interaction between themselves and other subordinates.
As a result of this, we can see that based on the research done by Deirdre Borden, they made us of qualitative method of interviews, surveys, polls, etc to come to the conclusion that the average time spent is about 75%.
Therefore, the correct answer is option E.
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can i doit without pay
Answer:
what?
Explanation:
Mary accepts Joe's offer to buy 100 comic books. She sends her acceptance via fax. Mary and Joe live in a jurisdiction that applies the majority rule. When does her fax become effective?
Mary's acceptance of Joe's offer to buy 100 comic books becomes effective when it is received by Joe via fax. Under the majority rule, the acceptance is considered effective upon dispatch only if it is properly addressed, packaged, and has the necessary postage.
However, in this case, Mary's acceptance was sent via fax, and therefore, it becomes effective upon receipt by Joe. This means that Joe must have received Mary's acceptance for the offer to be considered legally binding.
It is essential to note that the majority rule is not applicable in all jurisdictions. Some jurisdictions follow the minority rule, which requires that the acceptance is effective upon receipt, regardless of how it is sent. Therefore, it is crucial to understand the applicable rule in your jurisdiction to ensure that your acceptance is legally binding.
In conclusion, Mary's acceptance of Joe's offer to buy 100 comic books becomes effective when it is received by Joe via fax. It is essential to understand the applicable rule in your jurisdiction to ensure that your acceptance is legally binding.
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what are some corrective actions (or recommendations) to strengthen Louis Vuitton’s business? provide a brief justification (or an evidence) to support your explanation (long answer)
Answer:
Louis Vuitton (LV) had the prolific year 2014 because it continued to grow, despite changes in its market environment. The company has been responsive in its strategies and has maintained a long-term future (LVMH 4). Nevertheless, the company continues to face competitive challenges in the luxury product market. It faces the challenge of sustaining its performance amid the growing difficulties in penetrating new markets and the improvement in the activities by rivals to target its dominant market segment. The company follows a differentiation strategy.
The overall strategies are taken by LV also lead to changes in the parent company, as LV is the main revenue contributor to the LVMH group. The company has to sell to three main customer segments without jeopardizing its reputation in any of them. The segments are absolute, aspirational, and accessible. The absolute segment is very critical of customer care, product quality, and overall brand reputation. It also has the widest variation in preferences in the main global markets of LV. Besides, it has a substantial demand that has forced LV to reconsider many of its decisions that could have affected its performance in this segment. The aspirational segment has mixed characteristics while the accessible segment is less critical to brands and, therefore, most prone to sway to the competition. All the customer segments are collectively influenced by a great brand and product innovation strategy that LV has been exploring in the past few years (LVMH 34-56). The European monetary problems are easing, which should present a good environment for growth in the market (LVMH 5).
Social
The company has relied on leaders brought in by its parent company LVMH. It has also relaxed its use of in-house production resources in the past to focus on outsourcing (LVMH 54-55). However, the decision was reversed to save the company’s brand. Another problem is that the personal luxury business is growing in different directions in separate markets that LV serves. Its biggest market continues to be China, Europe, Japan, and the United States. Its Chinese market characteristics are different from those of Europe and Japan. However, the company has to meet the challenges of these markets without seeming to abandon any of its quality standards for customer service and product development. For example, it cannot discount products or follow noncompany-owned distribution models even when such strategies would significantly lead to a rise in revenues in the respective markets. These issues include a balance of the values and heritage of Louis Vuitton. The company has a 150-year reputation that it has to uphold while responding to the modern challenges of the business (Mahbubani 4).
Technological
The company has a limited product range, and the main products are more than a century old. The leather bag collection and the trunks with a five number combination lock have been in production since the late nineteenth century. They can rely on this technological reputation to defend their market share and appeal to the absolute and aspirational customer segments that are fixated on getting true luxury regarding uniqueness, heritage, quality, and visibility. The product line allows LV to claim that it is offering the most beautiful specimens of French manufacturing (Mahbubani 2). The exclusivity of the designs and their ruggedness are reputations that help the LV brand to sell to existing and new luxury customers. Customers get information and look up things or exchange views online, which is the way they shop. The behavior shapes the direction that LV is taking when differentiating its experience online. The company is building a following in social media channels to improve interaction with its brand. The digital platforms also use new forms of advertising to different niches like soccer fans (LVMH 11).
In most industries, getting into which kind of role usually requires experience? A. Entry-level B. Intership C. Managerial
Answer:
ifj
Explanation:
gjhguvcygvgvyvvvvbjfhjfg vy9bi givgu vu
Using the image above, which section of the letter is the opening?
A. 3
B. 1
C. 6
D. 5
Answer:
I would say 2 but given the options (A. 3)
Explanation:
Required information
Use the following information for the Exercises 17-18 below. (Algo)
Skip to question
[The following information applies to the questions displayed below.]
Following are transactions of Danica Company.
December 13 Accepted a $14,000, 45-day, 8% note in granting Miranda Lee a time extension on her past-due account receivable.
December 31 Prepared an adjusting entry to record the accrued interest on the Lee note.
Exercise 7-17 (Algo) Notes receivable transactions LO C2
Complete the table to calculate the interest amounts at December 31st and use the calculated value to prepare your journal entries.
Note: Do not round your intermediate calculations. Use 360 days a year.
Based on this calculation, the interest amount at December 31st is $112.
How to calculate the valueSince the terms of the note state that it is a 45-day note, we can calculate the interest using the following formula:
Interest = Principal x Rate x Time
Where:
Principal = $14,000
Rate = 8% (0.08)
Time = Number of days between December 13th and December 31st
To calculate the number of days, we can subtract December 13th from December 31st:
Number of days = 31 - 13 = 18 days
Now, we can calculate the interest amount:
Interest = $14,000 x 0.08 x (18/360) = $112
Based on this calculation, the interest amount at December 31st is $112.
To prepare the journal entry, we need to debit the Interest Receivable account and credit the Interest Revenue account:
December 31:
Interest Receivable $112
Interest Revenue $112
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the trend of the world economy toward becoming a more interdependent system is called
The trend of the world economy toward becoming a more interdependent system is called "globalization."
Globalization refers to the increasing interconnectedness, integration, and interdependence of economies around the world. It involves the flow of goods, services, capital, information, and technology across borders, leading to greater economic, social, and cultural interactions among nations. Globalization has been facilitated by advancements in transportation, communication, and technology, allowing for the expansion of trade, investment, and international trend. It has led to increased economic interdependence and the emergence of global supply chains, creating both opportunities and challenges for countries, businesses, and individuals participating in the global economy.
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what component of the profit equation should be set equal to zero to find the breakeven point?
By setting the net profit to zero, you can identify the point at which your revenues are equal to your costs, and this is the breakeven point. This helps businesses determine how much they need to sell or produce to cover their costs without incurring a loss.
To find the breakeven point, you should set the "net profit" component of the profit equation equal to zero.
1. The profit equation can be expressed as: Profit = Revenue - Costs
2. The breakeven point is the level of production where there is no profit or loss, meaning the profit is equal to zero.
3. To find the breakeven point, set the profit component of the equation to zero: 0 = Revenue - Costs
4. You can now solve the equation for the desired variable (e.g., production level, price, or quantity) to determine the breakeven point.
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what is summary and reaction of "fighting bias and inequality at the team level".?
"Fight Bias and Inequality at the Team Level" is an article that addresses the importance of combating bias and inequality within teams and offers strategies to promote a fair and inclusive work environment.
The article emphasizes that bias and inequality can hinder team dynamics, limit diversity of perspectives, and lead to negative outcomes such as decreased productivity and employee dissatisfaction.
The key points discussed in the article include the identification of bias and inequality, the impact of these issues on team performance, and practical steps to address them. It highlights the significance of self-awareness in recognizing unconscious biases and encourages team members to challenge their own assumptions and prejudices. The article suggests implementing inclusive hiring practices, fostering open communication, providing equal opportunities for growth and development, and creating a culture that values diversity and inclusivity.
My reaction to this article is that it provides valuable insights into the challenges and consequences of bias and inequality within teams. It highlights the need for proactive measures to create an inclusive work environment that embraces diversity. The strategies mentioned in the article are practical and actionable, emphasizing the collective responsibility of team members and leaders to fight bias and promote equality.
I believe that addressing bias and inequality at the team level is crucial for building stronger and more successful teams. By embracing diversity, respecting individual differences, and ensuring equal opportunities, teams can leverage the power of varied perspectives and experiences to foster innovation, creativity, and collaboration. It is essential for organizations to prioritize these efforts and create a culture where everyone feels valued, respected, and empowered to contribute their best.
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Client-server architectures:
a. cannot connect computers that use different hardware
b. are one of the least used network architectures today
c. can use middleware to provide a standard way of communicating between software from more than one vendor
d. assign the responsibility for the presentation logic to the server
e. were the earliest type of network architectures
Answer:
c. can use middleware to provide a standard way of communicating between software from more than one vendor
Explanation:
Client-server architecture refers to the architecture where there are various clients that request and received the services from the server i.e. centralized. It also provides an interface to permit the computer user in order to request the service with regard to the server and according to that the results are displayed
So as per the given situation, the correct option is c. as it also applied as the middleware so to provide the way of communication that lies between the software from having minimum of one vendor
To perform a typical backtesting of a quantitative signal in the Russell 3000 stock Universe over the last 20 years ones does not need to have data from stocks that are not currently part of the Russell 3000 index.
A. True
B. False
B. False. To perform a typical backtesting of a quantitative signal in the Russell 3000 stock universe over the last 20 years, it is necessary to have data from stocks that are not currently part of the Russell 3000 index.
The Russell 3000 index is dynamic, as it is updated annually to reflect changes in market capitalization, new stock listings, and delistings. As a result, the composition of the index changes over time, and to properly backtest a strategy over a 20-year period, you need to account for these changes in the stock universe.
Ignoring stocks that were once part of the index but are no longer included could lead to biased results, as it may overlook potential investment opportunities or risks that were present in the past. Moreover, it is essential to use survivorship bias-free data to ensure the backtesting results accurately represent the performance of the quantitative signal.
In conclusion, to perform a robust backtesting of a quantitative signal in the Russell 3000 stock universe over the last 20 years, it is crucial to include data from stocks that are not currently part of the index to accurately account for historical changes and avoid biases in the results.
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Magazines make most of their money from?
Answer:
advertisers
Explanation:
There are many Magazines that are published ion the market and becomes popular. Magazines make most of their money from advertiser.
Who is advertiser?An advertiser is the institution, administration, or any person that pays for an advertising attribute or time to demonstrate a convincing promotion or content to the public. Magazines make most of their money from by the means of advertiser.
Therefore, advertiser advertises the content to the public to publish any information.
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Sally is in the new marketing department of a midsized lawn and garden company. She is working on the firm's first-ever STP analysis. She has defined the mission and objectives and identified and selected a segmentation method. The next step is to:________.
A. use the Internet, catalogs, and vendor information to draw up a list of new products.
B. find marketing interns or hire new staff to help with implementation.
C. create pro forma financial statements to complete the package.
D. evaluate the attractiveness of the various segments identified.
E. develop an advertising plan to promote the upcoming sales.
Answer:
A. use the Internet, catalogs, and vendor information to draw up a list of new products
Explanation:
STP analysis is a method that analysis a product and determines the best way to communicate its benefits to your target group.
STP is an acronym that stands for: Segment your market, Target your best customer, and Position your best offering.
In this case the market has been segmented by Sally who defined the mission and objectives and identified and selected a segmentation method.
The next step is to Target your best customer. This is best done by using the Internet, catalogs, and vendor information to draw up a list of new products.
What is a similarity between a term life insurance policy and a whole life insurance policy?
OA
OB
Both provide coverage for the policyholder's medical and outpatient surgery costs
Both can be held by the policyholder for a minimum of 5 years and a maximum of 25 years,
Both include a cash value component that the policyholder can receive at the end of the policys term,
Both provide financial compensation to the beneficiaries upon the policyholder's death,
Ос. .
OD
A similarity between a term life insurance policy and a whole life insurance policy is that both provide financial compensation to the beneficiaries upon the policyholder's death. The correct option is d.
Term and whole life insurance are two of the most frequent types of life insurance. Whole life insurance is a type of permanent life insurance that lasts as long as you live (provided you pay your premiums). It also includes a cash value account, which is a form of savings account that grows tax-free over time and can be withdrawn or borrowed from while you are living. Term life insurance, on the other hand, is only valid for a set number of years (the term) and has no monetary value.
Term insurance only protects you for a set number of years, whereas whole life insurance protects you for the rest of your life—if you can keep up with the premium payments. Whole life insurance rates might be five to fifteen times higher.
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which is the smallest number that can be divided by 15 16 and 21 leaving a reminder of 3
The smallest number will of course be seven; however, you most likely meant the smallest number other than seven.
To meet the criteria stated, n-7 must be a multiple of 15, 21, and 18. Since 0 is a multiple of all numbers, 7 works for this, but to find the second-smallest, we will have to find the smallest number (othed than 0) that is a multiple of all three, the LCM.
We start with the prime factorization of each numbers
15=3×5
21=3×7
18=2×3×3
We now multiply the prime factors together, but factors that multiple numbers have in common ard only counted once. Therefore, the LCM is 2×3×3×5×7. Not that we still multiply by 3 twice because the number 18 has three as a factor twice. However, we don't count it a third our fourth time even though it is a factor of the other numbers. 2×3×3×5×7=630, so 630 is the LCM of 15, 21, and 18. Therefore 637 will have a reminder of 7 when divided by either of them.