Since July Networks is collecting an upfront fee to cover first two years, this strategy is known as locking in customers.
Businesses use customer locking in customers as a tactic to keep customers remain loyal to their brands. They achieve this either by requesting upfront payments to guarantee the services for a predetermined amount of time or by including clauses that make it harder for clients to break the contracts.
Customers are confined to the world of products and services provided by a seller. It is impossible to move to an other supplier without paying a hefty switching fee, preventing the business from losing clients. Either technical mechanisms or significant product or service interrelatedness cause this mechanism of locking in customer.
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Careers in the Hospitality and Tourism career cluster are
O highly desirable and pay high wages.
O bountiful and expected to continue to grow.
O seldom desirable and pay low wages.
O limited and expected to continue to decline.
Answer:
B
Explanation:
Edge
Careers in the Hospitality and Tourism career cluster are bountiful and expected to continue to grow. Thus option B is correct.
What are Careers?Career sectors are means of classifying various career kinds based on shared characteristics. People can use these criteria to help them focus their job options and select a suitable path.
A collection of occupations that emphasize giving people food, lodging, aid to travelers, and enjoyable activities. The abundance of jobs in the travel and hospitality career cluster is anticipated to persist.
The planning, management, and provision of lodging, dining, entertainment, conferences, and tourism, as well as related arranging and community programs including transport services, are all part of a the hospitality and tourism employment cluster. Therefore, option B is the correct option.
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Why do you think entrepreneurs set up businesses despite the risk of making a loss? Use examples to justify your answer.
The reason why entrepreneurs set up businesses even though they know there is a risk of loss is because they believe that the potential rewards outweigh the risks.
Why do entrepreneurs set up businesses regardless of risk ?Entrepreneurship is the process of creating or starting a new business venture in order to make a profit. Entrepreneurs take the risk of starting a new business in the hopes of achieving financial success, personal satisfaction, and the ability to be their own boss. They are willing to put their own time, money, and effort into creating something new and innovative.
Entrepreneurs see opportunities in the market and believe that they can create a successful business by providing a product or service that meets the needs of consumers. They are driven by a desire to be in control of their own destiny, to create something new, and to make a positive impact on the world. They also hope to generate wealth, to create jobs and to contribute to the economy.
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Why would a producer conduct a marginal analysis?
A. To understand the type of taxes paid on a good or service
B. To determine whether a price increase will change what a
consumer will buy
C. To predict the amount of environmental pollution caused by a
manufacturer
D. To suggest a way to package a product so that it causes less
pollution
E
Answer:
B to determine whether a price increase
Explanation:
cuz I said
Virtual locations used only for posting job openings are called
job fairs
job search websites
referrals
social media
Virtual locations that are used only for posting job openings are job search websites.
It should be noted that job search websites are the websites where the people that are looking for jobs can log on to and search for the jobs that meet their skills. On the other hand, a job fair isn't virtual, it is a career fair where recruiters get candidates that can fill certain positions in a company. Also, a referral is when a person tells the job seeker to go and meet another individual regarding a job.Lastly, it should be noted that social media isn't used for posting jobs alone. There are several things posted on social media.In conclusion, the correct option is B
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Answer:
Job Search Website
Explanation: verified answer
an investment made in order to profit from future currency movements is called blank______.
An investment made in order to profit from future currency movements is called foreign exchange speculation.
Foreign exchange speculation refers to the practice of buying or selling currencies with the expectation of profiting from changes in their exchange rates. It involves actively trading currencies in the foreign exchange market to take advantage of fluctuations in currency values. Currency values are influenced by various factors, including economic indicators, geopolitical events, interest rates, and market sentiment. Speculators analyze these factors and make informed decisions on whether to buy or sell a particular currency pair based on their predictions of future price movements. The goal of foreign exchange speculation is to profit from the difference in exchange rates between the time of purchase and the time of sale. Speculators may take both long (buying a currency in anticipation of its appreciation) and short (selling a currency in anticipation of its depreciation) positions to capitalize on market trends.
While foreign exchange speculation can offer significant profit potential, it also carries inherent risks. Currency markets can be volatile, and exchange rates can fluctuate rapidly, leading to potential losses. Speculators must carefully monitor market conditions, employ risk management strategies, and stay updated with relevant news and developments to make informed trading decisions.
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Which area of intellectual property law did this case address?
copyright
trademark
trade secrets
right of publicity
Answer:
A is correct :)
Explanation:
Answer:A is correct i took the assingment trust me!
Explanation:
Impact of natural disasters on South Africa’s economic growth performance for 2020 in comparison with 2023
Natural disasters can have a significant impact on economic growth, both in the short term and the long term.
How can we prevent natural disasters?As a result, cutting back on pollution is the first step in mitigating potential natural disasters. States must also become more resilient by planning ahead and getting ready to deal with dangers associated with the climate, from implementing conservation and restoration measures to enhancing infrastructure.
In the short term, natural disasters such as floods, droughts, or storms can disrupt economic activity, damage infrastructure, and cause loss of life and property. This can lead to a decline in economic growth, as businesses are forced to suspend operations, and the government is required to divert resources toward relief efforts.
In the long term, natural disasters can also have lasting effects on the economy, particularly if they cause significant damage to infrastructure or disrupt critical industries.
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Which level of government are Planning workers most likely to work for?
A) state
B) federal
C) local
D) international
The level of government is Planning workers most likely to work for local. Thus, the correct option is (C).
A single sovereign state's lowest levels of public administration are collectively referred to as "local government" in the United States.
When the word "government" is used in this context, it explicitly alludes to a level of bureaucracy that is geographically confined and has a set of responsibilities.
A variety of essential services for residents and companies in certain areas are handled by the local government.
Therefore, the correct option is "C".
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Select the correct answer from each drop-down menu.
What are two examples of management information systems?
The management information system revolves around internal information flow. Two examples of a management information system are
enterprise resource system
and
logistics management
supply demand management
supply chain management
Next
The management information system revolves around internal information flow. Two examples of a management information system are enterprise resource system and supply demand management.
What is the importance of management information system (MIS)?Mmanagement information system is useful in the workplace because it can process and interpret large amounts of data from various sources, generating detailed reports that businesses can use to make informed business decisions.
Because the data organization process is automated, company personnel do not need to spend a lot of time managing critical business information. Instead, they can concentrate on incorporating the data into their day-to-day operations, referencing the recorded business transactions in their communications with suppliers and customers, and staying current on organizational assets such as inventory, personnel, raw materials, manufacturing, marketing, and financials.
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Only after which of the following conditions is (are) met, should the whistle-blower go public?
Multiple Choice
The unreported act would do serious and considerable harm to the public.
The employee has tried and failed to resolve the issue internally.
Reporting the problem publicly probably will not resolve the issue.
Both A and B, but not C.
It constantly involves information that is rarely disclosed to the public. Generally speaking, the act of whistleblowing is regarded as moral.
Either directly to the proper supervisory authorities or first internally within the company, the whistleblower has the choice of reporting the incident. If no action is taken following their revelation or if they have reason to believe that doing so is in the public interest, the whistleblower may also choose to go directly to the public.
What role does a whistleblower play?Whistleblowing is the practice of legally exposing information to a particular recipient that the discloser has a good faith believe supports illegal activity. It is a mechanism for preventing misconduct and promoting the correct, effective, and efficient running of IC operations by providing the necessary information to the appropriate people.
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True or false? Product/market fit automatically results in high-volume sales.
Answer:
It is True
Explanation:
Defining product-market fit
"Product-market fit," writes startup coach and investor Marc Andreessen, "means being in a good market with a product that can satisfy that market." When an entrepreneur identifies a need in the market and builds a solution that customers want to buy, that's product-market fit.
Product/market fit automatically results in high-volume sales, is the true statement.
What is a Product/market fit?"Product-market fit" is defined by startup advisor and investor Marc Andreessen as existing in a healthy market with a product that can satisfy that market's needs. When an entrepreneur recognizes a market gap and creates a product that customers want to buy, product-market fit has occurred.
It shows that people are willing to pay a price for your goods and that it has a significant enough market or audience. Take the case where you want to create a smartphone app that allows for free video conference communication. If it doesn't fit, nothing fits.
Strategic fit describes how well a company is matching its assets and capabilities to opportunities in the external environment.
Thus, it is a true statement.
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The tax increases necessary to fund future Social Security and Medicare benefit payments would be
A.large, and could discourage work effort, entrepreneurship, and investment, thereby slowing economic growth.
B.small, and have little effect on economic growth.
C.large, but would have little effect on economic growth.
D.small, but could discourage work effort, entrepreneurship, and investment, thereby slowing economic growth.
The tax increases necessary to fund future Social Security and Medicare benefit payments would be A. large, and could discourage work effort, entrepreneurship, and investment, thereby slowing economic growth.
To maintain the solvency of Social Security and Medicare, significant tax increases may be needed, as the current funding levels are insufficient to cover the growing costs of these programs. These tax increases would be used to provide necessary financial support for retirees and individuals in need of healthcare. However, the downside to such large tax increases is that they could potentially discourage people from working, starting businesses, or investing in the economy. This could result in slower economic growth, as fewer individuals would be contributing to the overall productivity and wealth generation within the country.
Therefore, while it is important to find ways to fund these crucial programs, it is also necessary to consider the potential consequences of implementing large tax increases.
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There are three clues labeled "daily double" on the game show Jeopardy. If three equally matched contenders play, what is the probability that: a. A single contestant finds all three "daily doubles"? b. The returning champion gets all three of the "daily doubles"? c. Each of the players selects precisely one of the "daily doubles"?
Answer:
a) 0.0358
b) 0.0395
c) 0.1506
Explanation:
Number of clues "daily doubles" = 3
Determine the probabilities
a) P(single contestant finds all three )
assuming event A= a returning champion gets the "daily double" in first trial
P(A) = 1/30 , P(~A) = 29/30
assuming event B = any player picks up "daily double" after the first move
P(B |~A ) = 1/3
hence : P ( B and ~A ) = 29/30 * 1/3 = 29/90
considering second round
P(player chooses both daily doubles ) = 1/3 * 1/3 = 1/9
∴ P(single contestant finds all three ) = 29/90 * 1/9 = 0.0358
B) P ( returning champion gets all three )
= (1/30 + 29/90 )* 1/9
= 32 / 810 = 0.0395
c) P ( each player selects only one )
P = 32/405 + 29/405
= 61 / 405 = 0.1506
How Social Media can Destroy Your Finances
Answer:
You buy unnecessary items that have no purpose later on, or you buy an over expensive item that you cant seem to pay back later on in other circumstances
Which of the following is not an example of a corporation's "growth from within?"
A. Introducing new but related products
B. Acquiring another corporation
C. Expanding present operations
D. Expanding the sale of present products to new geographic markets
Answer:
The answer seems to be B. this answer does not count in the overall general business spectrum as "growth from within". Good luck!
Acquiring another corporation is not an example of a corporation's "growth from within.
What is a corporation?A company is a separate legal entity from its shareholders. Many of the same legal rights and obligations apply to corporations as to people. They are able to sign contracts, make loans and take loans, sue and be sued, hire staff, possess assets, and pay taxes.
Corporations make up the majority of significant companies, like Toyota. Some businesses operate both under their own names and under different trade names, such as Alphabet Inc.
While a corporation's exact legal definition varies from country to jurisdiction, its most crucial feature is always limited liability.
This means that while shareholders may benefit from dividends and stock appreciation, they are not personally responsible for the debts of the business.
A corporation is formed when a group of shareholders incorporates the business with the intention of pursuing a shared objective and sharing ownership of the business, as evidenced by their ownership of stock shares.
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: Marginal Profit Yaster Breakfast Supplies is planning to manufacture and market a new toaster. After conducting extensive market surveys, the research department provides the following estimates: • a weekly demand of 302 at a price of $15 per toaster • a weekly demand of 195 at a price of $18 per toaster The financial department estimates that weekly fixed costs will be $1,360 and variable costs (cost per unit) will be $5. Assume: • the relationship between price and demand is linear the cost function in linear Use your models to predict the marginal profit when Yaster is producing and selling 270 toasters per week. Round to the nearest cent. $. per toaster
The marginal profit of Yaster Breakfast Supplies when producing and selling 270 toasters per week is $2.50 per toaster. The following table shows the calculations for marginal profit:Quantity (Q)Price (P)Total Revenue (TR)Marginal Revenue (MR)Total Cost (TC)Marginal Cost (MC)Marginal Profit (MP)302$15.00$4,530.00—$2,170.00—$2,360.00195$18.00$3,510.00$3.50$3,625.00$22.50-$2.00 Quantity (Q) is 270:Q = (302 - 195) / ($15 - $18) × $15 + 302 = 270Price (P) is $15 per toaster as demand is between 195 and 302.
To calculate marginal revenue (MR), use the formula:MR = (TR2 - TR1) / (Q2 - Q1)MR = ($15 × 270) - ($15 × 195) / (270 - 195)MR = $1,350 / 75MR = $18 per toaster As variable costs (VC) per unit are $5 and the financial department estimates fixed costs of $1,360 per week, the cost function (C) is: C = 5Q + 1,360To calculate marginal cost (MC), use the formula:MC = (C2 - C1) / (Q2 - Q1)MC = ($5 × 270 + $1,360) - ($5 × 195 + $1,360) / (270 - 195)MC = $3,400 / 75MC = $45.33 per toaster Marginal Profit (MP) is:MP = MR - MCMP = $18 - $45.33MP = -$27.33 per toaster Hence, the marginal profit of Yaster Breakfast Supplies when producing and selling 270 toasters per week is -$27.33 per toaster.The marginal profit is negative, meaning that Yaster Breakfast Supplies is not making any profit and is making a loss. In order to make a profit, Yaster should either increase the price or decrease the variable cost or both.
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all points inside the production possibility frontier represent: a. infeasible production points. b. efficient production points. c. regions of economic growth. d. inefficient production points.
b. Efficient production points lie on the production possibility frontier (PPF) and represent the maximum output achievable with given resources and technology. These points indicate the optimal allocation of resources where there is no waste or inefficiency.
Any point inside the PPF would indicate that resources are not fully utilized, resulting in lower output levels. Therefore, all points inside the PPF represent inefficient production points.
Efficient production points are represented by all points along the production possibility frontier (PPF). The PPF shows the various combinations of goods or services that can be produced with given resources and technology. Points inside the PPF indicate that resources are underutilized, leading to inefficiency in production. In other words, the economy is not reaching its maximum potential output. These points represent a situation where resources could be better allocated to increase production levels without any additional costs or sacrifices. Therefore, all points inside the PPF represent inefficient production points.
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Most licensed architects are members of which association? A. ACSA B. AIA C. NAAB D. NCARB E. NVOB
Answer: It is B. AlA
Explanation:ALA is open to all architects and professions related to architecture. Our members hold individual memberships and specialize in all types of architecture.
What kind of services do banks offer their customers?
The services most often provided include a variety of checking accounts, saving accounts, certificates of deposit, and loans, including car loans and home mortgages. Additional services may include safe deposit boxes and investment-related services.
Explanation:
Which statement is true?
1. bank interest lower than inflation means more purchasing power.
2. Nominal rates are an accurate figure of purchasing power.
3. Real interest measures the power of the saved money.
4. Real interest is the rate quoted in loan and deposit agreements.
3. Real interest measures the power of the saved money. This statement is true.
A loan's or deposit's interest rate that has been prorated for inflation is known as the real interest rate. It indicates the actual rise in buying power brought about by an investment after taking inflation into account. Subtracting the rate of inflation from the nominal interest rate yields the real interest rate. For instance, the actual interest rate would be 1% (3% - 2%), if a savings account pays 3% interest and the rate of inflation is 2%.
After accounting for inflation, this indicates that the savings account's buying power has grown by 1%. Inflation-related buying power loss is shown by a negative real interest rate, whereas a growth in purchasing power is indicated by a positive real interest rate. In other words, the real interest rate, which accounts for the effects of inflation, gives a more realistic picture of the underlying return on an investment or the true cost of borrowing.
Real interest rate is the nominal interest rate adjusted for inflation, and it reflects the true increase in purchasing power resulting from an investment. A positive real interest rate indicates that an investment has increased purchasing power, while a negative real interest rate means the investment has lost purchasing power due to inflation.
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Rich country A has a per capita income of $70,000 in 2021. Poor-country B has a per capita income of $7,000 in 2021. Country's B income is 10% of Country's A income. Assume that country A grows at 2 % for 50 years and that country B grows at 8% for 50 years. What would this percentage be after 50 years? (write your answer as a rounded whole number - do not include decimal places or the % sign). You have shown convergence!
After 50 years, the percentage difference between the per capita income of country A and country B would be 35%.
Country A's per capita income grows at a rate of 2% for 50 years:
A = $70,000 * (1 + 0.02)⁵⁰
Country B's per capita income grows at a rate of 8% for 50 years:
B = $7,000 * (1 + 0.08)⁵⁰
Now we can calculate the ratio of B to A:
B/A = (B / A) * 100
Substituting the values and performing the calculations:
B/A ≈ ($7,000 * (1 + 0.08)⁵⁰) / ($70,000 * (1 + 0.02)⁵⁰) * 100
B/A ≈ (5.74456 * 10⁸) / (1.64314 * 10⁹) * 100
B/A ≈ 0.3499 * 100
B/A ≈ 34.99
Rounding to the nearest whole number, the final percentage difference is approximately 35%. Hence, after 50 years, the per capita income of poor country B will be approximately 35% of the per capita income of rich country A.
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How does the organization of the Federal Reserver System Help it perform its functions?
Answer:
The Federal Reserve System's main duties include conducting national monetary policy, supervising and regulating banks, maintaining financial stability, and providing banking services. The Federal Open Market Committee is the Fed's monetary policy-making body and manages the country's money supply.
Explanation:
Sophia's Restaurant served 5,000 meals last quarter.
Sophia recorded the following costs with those meals.
Variable costs: Ingredients used $ 14,000
Direct labor 10,500
Indirect materials and supplies 5,300
Utilities 1,700
Fixed costs:
Managers' salaries 22,000
Rent 18,000
Depreciation on equipment (straight-line, time basis) 2,000
Other fixed costs 3,000
Required: Unit variable costs and total fixed costs are expected to remain unchanged next quarter. Calculate the unit cost and the total cost if 4,500 meals are served next quarter
TOTAL VARIABLE COST
TOTAL FIXED COST
TOTAL COST
UNIT COST
If Sophia's Restaurant serves 4,500 meals next quarter, the unit cost per meal will be $6.30 and the total cost will be $73,350.
To calculate the total variable cost and total fixed cost, we need to separate the variable costs from the fixed costs:
Variable costs:
Ingredients used: $14,000
Direct labor: $10,500
Indirect materials and supplies: $5,300
Utilities: $1,700
Total variable costs: $31,500
Fixed costs:
Managers' salaries: $22,000
Rent: $18,000
Depreciation on equipment: $2,000
Other fixed costs: $3,000
Total fixed costs: $45,000
Using the information given, we can calculate the unit cost and total cost for next quarter if 4,500 meals are served:
Unit variable cost = Total variable costs / Number of meals served
Unit variable cost = $31,500 / 5,000 = $6.30 per meal
Total cost = Total variable cost + Total fixed cost
Total cost = ($6.30 x 4,500) + $45,000
Total cost = $28,350 + $45,000
Total cost = $73,350
Therefore, if Sophia's Restaurant serves 4,500 meals next quarter, the unit cost per meal will be $6.30 and the total cost will be $73,350.
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define the term production
Answer:
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Production :-✐ Production refers to the process of manufacturing goods from raw materials, or in simpler words, production is the making of something for sale.
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# ꧁❣ RainbowSalt2²2² ࿐
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What if the U.S. Government wants to slow down INFLATION. What would be the best policy tool to accomplish this?
A.Fiscal policy; Raise taxes
B.Monetary policy; Increase the money supply
C.Fiscal policy; Cut taxes
D.Monetary policy; Decrease the money supply
U.S. Government wants to slow down their Inflation, the best policy acquired by government is Monetary policy by decrease the money supply. Hence, Option D is correct.
Inflation is an economic term that suggest when spending oversteps the production. Increase in a price due to constraints that increase the cost of producing goods and offering services. Thus to control the inflation the optimum step is Monetary policy by reducing the supply of money in economy by increasing interest rates. Higher rates also slow down the growth of incentivizing and investors to buy treasuries, which guarantees a set rate of return. But, lower rate increase equity investments which are riskier.
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Suppose there is free trade and the world demand for cars exceeds 10 million. Who would produce what
Free trade is a worldwide economic structure where goods and services flow unhindered between different nations without any trade barriers or regulations. In the presence of free trade and the world demand for cars exceeding 10 million, the countries that would produce the cars depend on comparative advantage.
Comparative advantage is a term used in economics to define a nation's capacity to manufacture a certain good or service at a reduced opportunity cost than other nations. Opportunity cost is defined as the cost of one choice measured in terms of the foregone opportunity to pursue the next best alternative. When nations specialize in goods or services that they can produce more efficiently, they achieve the benefits of comparative advantage and end up producing those goods.
The presence of free trade ensures that each country specializes in the production of goods that it is most efficient at producing. Countries will produce cars to the point where the marginal cost of production is equal to the marginal benefit received by the buyers. When producing cars, the costs include the costs of labor, land, and capital. Nations with higher productivity and lower costs will produce more cars at a lower cost than others and will therefore specialize in car production.
Countries with higher wages will have a higher cost of labor, and hence it will not be cost-efficient for them to produce cars. Instead, these nations will opt to produce goods and services that they have a comparative advantage. For instance, a nation with a thriving agricultural sector would specialize in producing and exporting farm produce while importing cars from a nation with low-cost labor and productivity.
Consequently, the nations that would produce cars under free trade would be the nations with a comparative advantage in car production.
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6. This paycheck method can have many fees associated with it (1 point)
Paper Paycheck
Direct Deposit
Payroll Card
Answer:
Paper Paycheck
PLEASE HELP MEEEE PLEASE!!!!!!!!!!!!!!!!!
Which of these describes an aspect of a product benefit?
Answer Choices:
A. Appeal to our senses
B. The advantages of product features
C. Relate to the quality of the merchandise
D. Physical in nature
Answer:
B or C, probably B
Explanation:
If a borrower's monthly interest payment on an interest-only loan at an annual interest rate of 7.3% is $877, how much was the loan amount (rounded to the nearest hundred)
Answer:
$144,200
Explanation:
Unpredictable policies can result in conflict because employees may ______.
a.
Believe that there is a double standard
b.
Have to guess at what the policies actually are
c.
Give out information that is incorrect
d.
All of the above
Answer:
All of the above
Explanation:
D.
Answer:
D
Explanation:
Above