Answers
Answer:
I believe the answer is D
Explanation:
Answer:
It's C on Edg.
Explanation
Related Questions
such as satisfaction are concerned with the extent to which customer experiences are enhanced as a result of CRM. Question content area bottom Part 1 A. Customer perception metrics B. Marketing metrics C. User adoption metrics D. Key performance indicators (KPI) E. Business performance metrics
Answers
The customer perception metrics is basically concerned with the extent of how customer experiences are enhanced as a result of CRM.
What is the customer perception metrics?
This is a measurement of how a firm's customers feel about their product and brand.
Hence, this is the metrics that is concerned with the extent to which customer experiences are enhanced as a result of CRM.
Therefore, the Option A is correct
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1. I Co. recently began production of a new product, an electric clock, which required the investment of
$3,200,000 in assets. The costs of producing and selling 160,000 units of the clocks are estimated as
follows:
Variable costs:
Per unit
Direct labor
$
10
Direct materials
6
Factory overhead
$
4
Administrative and selling
$
5
EA
Fixed costs:
Manufacturing
Administrative and selling
$ 1,600,000
800,000
I Co. is considering establishing a price to sell it's electrical clock to the market. The CEO has
decided to use a cost plus approach to product pricing and that the clock must eam 10 percent on
it's invested assets.
Instructions: NOTE: SHOW ALL WORK
1. Determine the amount of desired profit from the production and sale of the
electric clock.
2. Assuming that the product cost concept is used, determine (a) total variable
cost per unit, the total fixed cost per unit, and the selling price per unit.
Answers
Answer:
I Co.
1. Desired profit = 10% of invested assets
= $3,200,000 x 10%
= $320,000
2a. Total Variable cost per unit
Variable costs Per unit :
Direct labor $ 10
Direct materials 6
Factory overhead $ 4
Variable Product Cost ($20)
Administrative and selling $ 5
Total Variable cost per unit $25
b. Total fixed cost per unit
Total fixed cost per unit = $2,400,000/160,000 = $15
c. The selling price per unit
Sales / quantity = $7,520,000/160,000 = $47
Explanation:
Data:
Variable costs Per unit :
Direct labor $ 10
Direct materials 6
Factory overhead $ 4
Variable Product Cost $20
Administrative and selling $ 5
Total Variable cost per unit $25
EA
Fixed costs:
Manufacturing $ 1,600,000
Administrative and selling 800,000
Total fixed costs $2,400,000
b) Cost-plus approach to product pricing: This approach requires the addition of the direct materials, direct labor, and overhead costs
c) Required profit = 10% of invested assets
= $3,200,000 x 10%
= $320,000
d) Product cost:
Variable cost = $20 x 160,000 = $3,200,000
Fixed manufacturing costs $1,600,000
Total production cost $4,800,000
Product cost per unit $4,800,000/160,000 = $30
e) Income Statement to determine Sales Revenue
Sales $7,520,000
Cost of goods sold
($30 x 160,000) 4,800,000
Gross profit $2,720,000
Fixed Costs:
Manufacturing $ 1,600,000
Administrative & selling 800,000
Profit $320,000
QUESTION 7 / 10
Which of the following is the BEST reason to use cash for making purchases?
A. Knowing what you have spent your money on is
simple.
B. Getting more cash from an ATM machine is easy to do.
C. Splitting bills with friends is easier.
D. Keeping track of how much you have spent is simple.
Answers
Where would a history student most likely find this image?
Answers
Answer : there’s no pic
Nathen’s home office
Answers
Answer:
Today, the Chinese own Armour and the famous Smithfield hams, together with the most quintessential American brand of all: Nathan's Famous hot dogs, with its iconic annual eating contest. ... It remains the largest total acquisition of a U.S. company by the Chinese.
Explanation:
Explain other advantages of the autociatic leadership style. se Se busines
Answers
The autocratic leadership style has several advantages in certain business situations. Firstly, it allows for quick decision-making and efficient execution. In an autocratic leadership approach, the leader has the authority to make decisions without consulting others extensively. This can be advantageous in situations where immediate action is needed or when there is limited time for deliberation. By taking charge and making decisions swiftly, autocratic leaders can ensure that tasks are completed efficiently and objectives are met in a timely manner.
Secondly, autocratic leadership provides clear direction and reduces ambiguity. The leader in this style has a strong control over the decision-making process and can provide clear instructions to their team members. This clarity helps employees understand their roles and responsibilities, minimizing confusion and increasing productivity. Autocratic leaders often set specific goals and expectations, which can be beneficial in situations where precision and adherence to guidelines are crucial.
Additionally, the autocratic style can be effective in organizations or industries that require a hierarchical structure or where strict compliance is necessary. Industries such as the military, manufacturing, or emergency services often rely on autocratic leadership to ensure discipline, maintain order, and promote safety.
However, it is important to note that the autocratic leadership style may not be suitable for all situations or business contexts. It can stifle creativity and innovation by limiting input and involvement from team members. It may also lead to decreased employee satisfaction and motivation, as individuals may feel disempowered or undervalued. Therefore, the autocratic style should be used selectively and combined with other leadership approaches to create a balanced and inclusive organizational culture.
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Which action is the best example of appropriate e-mail use at work?
providing urgent updates
sending meeting reports
sharing personal finances
giving criticism to someone
Answers
Answer:
B
Explanation:
Took the test
Answer:
The answer is B.) Sending meeting reports
Explanation:
E-mail is a great tool to use when you want to:
* document an event or an agreement. For example, “Thanks for agreeing to meet with my intern tomorrow morning.”
* send data and information in the form of files.
* provide updates that are not time critical. For example, “I wanted to let you know that the graphic design team expects to finish their changes by Monday.”
Now that you have had some time to think about appropriate ways to use e-mail, next you will learn about some inappropriate uses for e-mail.
I hope this helps. Have a happy day.
In the late eighteenth century, the price of bread in New York City was controlled, set at a predetermined price above the market price. One year during this period, a poor wheat harvest caused a leftward shift in the supply of bread and therefore an increase in its market price. New York bakers found that the controlled price of bread in New York was below the market price.
Which of the following is an example of the kind of inefficiency that occurred during this period?
A. An inefficient allocation to consumers
B. The surplus production of bread does not get bought but is thrown away instead
C. Since bakers cannot compete on price, they will compete on quality: you should expect excessively high quality
D. More bakeries opened up in the city, resulting in an efficiently large number of producers.
Answers
A. An inefficient allocation to consumers.is an example of the kind of inefficiency that occurred during this period
Setting a lower or higher selling price cap for certain goods and services is referred to as a price control strategy. In other words, the government gets involved in the market to set the maximum and minimum prices for goods and services.
The controlled price of bread in New York City created a situation where consumers were not able to purchase bread at the market price, which resulted in an inefficient allocation of the product. The leftward shift in supply caused an increase in the market price, but the controlled price did not change, leading to a shortage of bread in the market. This situation is an example of price controls leading to an inefficient allocation of goods.
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A run on banks will cause the supply
rate to do which of the following?
Answers
A bank run happens when significant numbers of depositors withdraw money from banks at the same time out of concern that the institution will fail. With more customers withdrawing money, banks will deplete their cash reserves and eventually default.
What happens when a bank fails?A default happens when a borrower fails to make the due debt installments. Defaults on secured debt, such as a mortgage loan backed by a home, as well as unsecured debt, such as credit cards or a college loan, can occur. Borrowers who default are vulnerable to legal claims and may have limited future access to credit.
When a bank fails, the FDIC takes control and either sell the bankrupt bank to a more solvent bank or takes over the bank's functioning.
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You are a newspaper publisher. You are in the middle of a one-year factory rental contract that requires you to pay $500,000 per month, and you have contractual salary obligations of $1,000,000 per month that you can’t get out of. You also have a marginal printing cost of $0.35 per paper as well as a marginal delivery cost of $0.10 per paper. Instructions: Enter your answers rounded to two decimal places.
a. If sales fall by 20 percent from 1,000,000 newspapers per month to 800,000 newspapers per month, what happens to the AFC per newspaper?
AFC per newspaper rises from $____ to $_____.
b. What happens to the MC per newspaper?
MC per newspaper does not change
c. What happens to the minimum amount that you must charge to break even?
it rises from $____ to $_____.
Answers
a. The AFC increases from $1.50 to $1.88 after the decrease in sales.
b. The Marginal Costs (MC) do not change.
C. It rises. The company needed to charge $1.85 per paper
How does one arrive these answers?The analysis of the answers go thus:
a. The average fixed cost (AFC) was $1.50, which equate the total fixed cost ($1.5 million) divide it by number of papers sold (1 million). By extension,
= $1,500,000/1,000,000).
Assume sales fall by 20% to 800,000 papers sold, the new AFC is $1.88.
= the total fixed cost divided by the new number of papers sold, = $1,500,000/800,000).
Thus, the AFC increases from $1.50 to $1.88 after the decrease in sales.
b. The marginal printing and marginal delivery costs are alike; as a result, marginal costs remains same.
c. To break even before the decline in sales, the company needed to charge enough to cover the AFC, $1.50, and the AVC, $0.35, which is the sum of the printing cost and delivery cost per paper. Thus, the company needed to charge $1.85 per paper. To break even after the decline in sales, the company needs to charge enough to cover the AFC, $1.88, and the AVC, $0.35, which is the sum of the printing cost and delivery cost per paper (note this does not change because the cost is per paper). Thus, the company needs to charge $2.23 per paper.
Therefore, the correct answer is as given above.
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Brower corporation owns a manufacturing plant in the country of Oust. On December 31, 20X1, the plant had a book value of $5,000,000 and an estimated fair value of $8,000,000. Oust's government has clearly indicated that it will expropriate the plant during the coming year and will reimburse Brower for only 40% of the plant's estimated fair value.
Required:
What journal entry (if any) should Brower make on December 31, 20X1, to record the intended expropriation? (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
Answers
The journal entry is Brower make on December 31, 20X1, to record the intended expropriation as: Estimated loss on expropriation of foreign plant (Dr.) and Allowance for estimated loss on foreign plant (Cr.).
What do you mean by Journal Entry?
An entry in your journal serves as a record of a transaction in your company's books. For every transaction, at least two journal entries must be made in double-entry bookkeeping.
A bookkeeper records all of the changes that a transaction can bring about in a firm because they can be rather numerous.
Here,
Estimated loss = 5 million - 3.2 million
Estimated loss = $1.8 million
Therefore, the journal entry is Brower make on December 31, 20X1, to record the intended expropriation as:
Estimated loss on expropriation of foreign plant (Dr.) 1,800,000
Allowance for estimated loss on foreign plant (Cr.) 1,800,000
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XYZ Co is considering a major expansion program that has been proposed by the company’s information technology group. To decide whether the company will undertake this major expansion project, the company paid McLindsay Co., a large consulting company, a fee of $2 million to calculate the costs and benefits of the program, but they will refund half of that cost back to XYZ if the company does not move forward with the project. McLindsay reported that the expansion project will have an upfront cost of $20 million for assets, which are depreciated straight line to zero over the four-year horizon of the project. The company does not need to invest in net working capital (i.e., NWC = 0). McLindsay also expects that the program will generate an operating cash flow equal to $10 million the first year and will expand by 20% per year until the project is liquidated at the end of year four. The liquidation value from selling the equipment will be $4 million. You are an assistant to the CFO of the company and your first task is to advise XYZ whether the company should undertake the investment. The CFO has provided you with the following data, which he believes may be relevant to your task (all the market data are current). The firm’s tax rate is 20%. The market data on XYZ Co’s securities are:
Debt
oBond A: 42,750 bonds with a 5.4% coupon rate, with 20 years to maturity selling at par. oBond B: 55,000 bonds with a 4% coupon rate, with 15 years to maturity selling at par.
Assume that both bonds have a par value of $1,000 and they make semiannual payments.
Common stock
o 1,000,000 shares outstanding, selling for $95 per share; XYZ Co just paid a dividend of $4 per share and is expected to increase its future dividends at a constant rate of 5%. The firm’s beta is 1.8. Assume the risk-free rate is 2% and the market return is 8%.
Answer the following questions and show all the formulas and calculations (if using a financial calculator show all the entries).
a. What is XYZ Co’s cost of debt?
b. What is XYZ Co’s cost of equity using the CAPM?
c. What is XYZ Co’s cost of equity using the dividend growth model?
d. What is XYZ Co’s cost of capital? (for your cost of equity calculations, use the average of cost of equity you calculated in the last two parts).
e. Find the cash flows from assets (CFFA) of the project and then compute the NPV of the project. Accounting for all relevant expenses, should the firm undertake the expansion project?
f. Suppose instead that (1) Bond A and Bond B are priced below par and (2) the common stock is selling for $142.50 per share and the last dividend paid was $6. Would the firm’s WACC be higher, lower, or the same as what you found in part (d)? Explain.
Answers
a. To calculate the cost of debt, we need to find the yield to maturity (YTM) of each bond. We can calculate the YTM of Bond A as 5.4% and the YTM of Bond B as 4%. Therefore, the cost of debt for XYZ Co is the weighted average of the YTM of each bond, where the weights are the proportion of the total market value of debt that each bond represents. Assuming that all bonds are selling at par, the total market value of debt is $97,750,000. Thus, the weight of Bond A is 42,750/97,750 = 0.4376 and the weight of Bond B is 55,000/97,750 = 0.5624. Therefore, the cost of debt is:
Cost of Debt = 0.4376 × 5.4% + 0.5624 × 4% = 4.48%
b. Using the CAPM, we can calculate the cost of equity as:
Cost of Equity = Risk-Free Rate + Beta × (Market Return - Risk-Free Rate)
= 2% + 1.8 × (8% - 2%)
= 13.6%
c. Using the dividend growth model, we can calculate the cost of equity as:
Cost of Equity = (Dividend / Price) + Growth Rate
= ($4 / $95) + 5%
= 9.3%
d. To calculate the cost of capital, we need to find the weighted average of the cost of debt and the cost of equity, where the weights are the proportion of the total market value of debt and equity that each component represents. Assuming that the total market value of equity is $95,000,000, the weight of debt is 97,750,000/(95,000,000 + 97,750,000) = 0.5073 and the weight of equity is 1 - 0.5073 = 0.4927. Therefore, the cost of capital is:
Cost of Capital = 0.5073 × 4.48% + 0.4927 × 13.6% = 9.54%
e. To calculate the cash flows from assets (CFFA) of the project, we need to find the operating cash flows (OCF) and the net capital spending (NCS) for each year of the project. Using the given data, we can calculate the OCF for each year as:
Year 1: OCF = $10,000,000
Year 2: OCF = $12,000,000 (20% increase from year 1)
Year 3: OCF = $14,400,000 (20% increase from year 2)
Year 4: OCF = $17,280,000 (20% increase from year 3)
The net capital spending (NCS) for year 0 is the upfront cost of the project, which is $20,000,000. The NCS for year 4 is the liquidation value of the equipment, which is $4,000,000. The NCS for years 1 to 3 is zero since there is no net working capital requirement.
Calculating the CFFA for each year:
Year 0: CFFA = - $20,000,000
Year 1: CFFA = $10,000,000 - $0 - $20,000,000 = -$10,000,000
Year 2: CFFA = $12,000,000 - $0 = $12
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What to say when he asks what’s the reason you want me
Answers
Answer:
1) “You make me happy.” ...
2) “I feel whole with you.” ...
3) “You're always there for me.” ...
5) “You always make me laugh, even when I'm having a bad day.” ...
6) “You're gorgeous.” ...
7) “I can always be myself around you.” ...
8) “You make me feel safe.”
9) “You always make time for me.”
10) “We have so much fun together.”
Imagine that in 2019 the economy is in long run equilibrium. Then, stock prices rise more than expected and stay high for some time. Refer to scenario 33-2. In the long run, what happens to the expected price level and what impact does this have on wage bargaining?
graph: y= price level. 2 lines going up parallel to each other SRAS1 and SRAS2
x= Quantity Output. 2 lines going down parallel AD1 and AD2......
There is a line that goes in center from x (straight up) LRAS
SRAS1 and SRAS2 intersect with AD1 and AD2 at points A,B,C,D LRAS intersects at its A and C
Answers
In the long run, The expected price level rises. New wage contracts are negotiated at higher wages.
What are wages?Wages are payments made typically in cash in exchange for labor or services, typically on an hourly, daily, or piecework basis and in accordance with a contract.
The compensation or reward for labor is called a wage. Real wages and nominal wages are the two primary categories of earnings. Money earnings are referred to as "nominal wages." However, "real wages" refers to the goods and services that may be obtained with money earnings.
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1.a) True or False: A firm is in the value destroying stage whenROIC < WACCb) True or False: ROIC and size are not correlated
Answers
If the ROIC is less than the WACC, it means that the company is not generating sufficient returns on its invested capital, and is effectively destroying value for its shareholders.
In some industries, such as manufacturing or retail, larger companies may benefit from economies of scale, which can lead to higher ROIC. In other industries, such as technology or biotech, smaller companies may have a competitive advantage due to greater flexibility and innovation, which can also lead to higher ROIC.
However, there is no clear or consistent relationship between ROIC and company size, and other factors such as industry structure and competitive position may play a more significant role in determining a company's ROIC.
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Precision Systems manufactures CD burners and currently sells 18,500 units annually to producers of laptop computers. Jay Wilson, president of the company, anticipates a 15 percent increase in the cost per unit of direct labor on January 1 of next year. He expects all other costs and expenses to remain unchanged. Wilson has asked you to assist him in developing the information he needs to formulate a reasonable product strategy for next year.
You are satisfied that volume is the primary factor affecting costs and expenses and have separated the semivariable costs into their fixed and variable segments. Beginning and ending inventories remain at a level of 1,000 units. Current plant capacity is 20,000 units. The following are the current-year data assembled for your analysis.
Sales price per unit $100
Variable costs per unit:
Direct materials $10
Direct labor $20
Manufacturing overhead and selling and administrative expenses 30 60
Contribution margin per unit (40%) $40
Fixed costs $390,000
Required:
a. What increase in the selling price is necessary to cover the 15 percent increase in direct labor cost and still maintain the current contribution margin ratio of 40 percent?
b. How many units must be sold to maintain the current operating income of $350,000 if the sales price remains at $100 and the 15 percent wage increase goes into effect?
c. Wilson believes that an additional $700,000 of machinery (to be depreciated at 20 percent annually) will increase present capacity (20,000 units) by 25 percent. If all units produced can be sold at the present price of $100 per unit and the wage increase goes into effect, how would the estimated operating income before capacity is increased compare with the estimated operating income after capacity is increased? Prepare schedules of estimated operating income at full capacity before and after the expansion.
Answers
a. An increase of $20 per unit is necessary to cover the 15 percent increase in direct labor cost and maintain the desired contribution margin ratio.
b.The fixed costs and desired operating income remain the same, so the contribution margin per unit of $40 is used. The required sales volume is 18,500 units.
c. The estimated operating income after capacity expansion can be determined by increasing the production and sales volume by 25 percent, i.e., 23,125 units
a. To maintain the current contribution margin ratio of 40 percent, the selling price per unit needs to be increased by 20 percent [(15 percent wage increase) / (current contribution margin ratio)].
Therefore, an increase of $20 per unit is necessary to cover the 15 percent increase in direct labor cost and maintain the desired contribution margin ratio.
b. To maintain the current operating income of $350,000, the number of units that must be sold can be calculated using the contribution margin ratio.
The fixed costs and desired operating income remain the same, so the contribution margin per unit of $40 is used. The formula for calculating the required sales volume is:
(Number of units) = (Fixed costs + Desired operating income) / Contribution margin per unit
Plugging in the values, we have:
(Number of units) = ($390,000 + $350,000) / $40 = 18,500 units
c. Before the capacity expansion, the estimated operating income can be calculated using the current production and sales volume of 18,500 units.
The estimated operating income after capacity expansion can be determined by increasing the production and sales volume by 25 percent, i.e., 23,125 units.
The schedules of estimated operating income at full capacity before and after the expansion can be prepared by multiplying the respective sales volumes with the contribution margin per unit and subtracting the fixed costs and the wage increase.
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Identify whether each of the following would be reported as an operating, investing, or financing activity on the statement of cash flows:
a. Purchase of investments
b. Disposal of equipment
c. Payment for selling expenses
d. Collection of accounts receivable
e. Cash sales
f. Issuance of bonds payable
WORD BANK:
- Investing
- Operating
- Financing
Answers
b. investing
c. operating
d. operating
e. operating
f. financing
Paragraph on your bedroom
Answers
Answer:
My room is a place where I feel the most comfortable and openly show my personality to myself. This is the place where I do what I want to do and it is the place where I disembark myself when I come home and wake up every day. My room makes me feel very comfortable in my own space so my house is always crazy as my dog barking and siblings moving around making noise around the house. I care about everyone in my home.
Please mark as brainliest if answer is right
Have a great day, be safe and healthy
Thank u
XD
Assume real income increased in the United States. Draw a correctly labeled graph of the foreign exchange market for the yen, and show the effect of the increased real income in the United States on the equilibrium exchange rate for the yen.
Answers
Note that when the actual income of US rises, so does the country's import demand. This means that at every level of the exchange rate, there will be more demand for Yen to conduct these import-related activities.
What is the rationale for the above response?It is to be noted that Like any other general market, the Foreign Exchange market (Forex) has a supply and demand side. There is the SS of the foreign currency on the supply (SS) side and the DD for the foreign currency under consideration on the demand (DD) side.
Hence, when the actual income of US rises, so does the country's import demand. This means that at every level of the exchange rate, there will be more demand for Yen to conduct these import-related activities. As a result, the Yd curve will change from Yd0 to Yd1. As a result, the equilibrium $/Yean exchange rate will rise from e0 to e1, indicating that the Yen has increased in value relative to the Dollars.
See attached graph for more details.
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How do family environment influence moral development during adolescence?
Answers
Answer:
Explanation:
In the family environment, children come to consider their actions not only in terms of justice but also in terms of emotional needs. Children learn the value of social support from their families and develop motivations based on kindness, generosity, and empathy, rather than on only personal needs and desires.
Answer:
In the family environment, children come to consider their actions not only in terms of justice but also in terms of emotional needs. Children learn the value of social support from their families and develop motivations based on kindness, generosity, and empathy, rather than on only personal needs and desires.
Explanation:
Question 13 of 19
Which of the following is a benefit of international trade?
A. Citizens can vote in the elections of countries from which they
make purchases.
B. Consumers have access to more products.
C. Producers have international production requirements that they
must follow.
D. Governments can reduce the amount of money they spend on
international defense.
SUBMIT
Answers
Answer:
B
Explanation:
International trade is the exchange of goods and services across a countries borders
International trade can be export or import
export is sending a good to a foreign country
import is receiving goods from a foreign country
international trade increases the variety of goods available to consumers
a downside is it increases the competition faced by local producers
The buying and selling of products and services between businesses in several nations is referred to as international trade. On the global market, commodities such as consumer products, raw resources, food, and machinery are all purchased and sold.
The benefit of international trade is that consumers have access to more products. Thus, the correct answer to this question is option (B).
Through commerce, nations may obtain commodities and services that might not otherwise be accessible domestically and grow their markets. Market competition has increased as a result of global commerce.
Global trade offers individuals and nations the chance to experience products and services that are either unavailable or more expensive domestically.Political economists like Adam Smith and David Ricardo were among the first to acknowledge the significance of international commerce.However, some contend that commerce with other countries can really be detrimental to smaller countries, placing them at a disadvantage in the global arena.Therefore, The benefit of international trade is that consumers have access to more products. Thus the correct answer to this question is option (B).
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Question # 10
Multiple Choice
A marketing research firm charges a client a low fee chiefly because they have been told they will be
getting additional business from the client within six months. That never happens. This is an example of
O client confidentiality
O misleading promises
seeking unnecessary bids
low-ball pricing
Answers
A marketing research firm charges a client a low fee chiefly because they have been told they will be getting additional business from the client within six months. That never happens. This is an example of misleading promises. Thus the correct option is B.
What are misleading promises?When an employer makes a claim about something it is doing or preventing, but is unable to do so or does not wish to, it is considered to have made a false promise.
The fact that a marketing research company charges a client a cheap rate in order because they have been assured that they would have new business from the client within six months signifies this trait in the specific scenario as well.
Therefore, option B is appropriate.
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Economic demand is?
A. the amount of a good or service that consumers are willing and able to buy at one price.
B. the amount of a good or service that consumers are willing and able to buy at various prices.
C.the amount of a good or service that producers are willing and able to produce at various prices.
D. the amount of a good or service that consumers are willing but not able to buy at various prices.
Which of the following is correct?
Answers
The correct answer is B. Economic demand is the amount of a good or service that consumers are willing and able to buy at various prices.
It reflects the relationship between the price of a product and the quantity that consumers are willing to purchase at that price. Demand is influenced by factors such as price, consumer preferences, income levels, and availability of substitutes.
As the price of a product decreases, the quantity demanded generally increases, and vice versa, following the law of demand. The demand curve represents this relationship, showing the quantity of a good or service that consumers are willing and able to buy at different price points.
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Chino Company manufactures fabric and clothing. Managers can either sell the unfinished fabric to other clothing manufacturers or incur additional conversion costs to create a finished garment. The costs incurred to produce the unfinished fabric are $400,000, which are allocated to the products based on the sales value of the unfinished fabric. Following is information concerning the clothing that can be produced from the fabric:
Product # of units Selling price of Unfinished Fabric Selling price after processing further Addtional Processing cost
Pants 6,000 $20.00 $30.00 $28,450
Shirts 12,000 $23.20 $32.40 $64,400
Coats 4,000 $38.80 $43.20 $18,300
Required:
a. Calculate the increase or decrease in profit if the products are processed further.
b. Assume that the $400,000 in costs is allocated based on the number of units of output. Which products should be sold as unfinished fabric and which should be further processed?
Answers
Answer:
a. we have:
Increase in profit of Pants if processed further = $31,550
Increase in profit of Shirts if processed further = $46,000
Decrease in profit of Coats if processed further = -$700
b. We have:
1. Both Pants and Shirts should be processed further.
2. Coats should should be sold as unfinished fabric.
Explanation:
a. Calculate the increase or decrease in profit if the products are processed further.
Note: See the part (a) of the attached excel file for calculation of the increase or decrease in profit if the products are processed further.
In the attached excel file, we have:
Increase in profit of Pants if processed further = $31,550
Increase in profit of Shirts if processed further = $46,000
Decrease in profit of Coats if processed further = -$700
b. Assume that the $400,000 in costs is allocated based on the number of units of output. Which products should be sold as unfinished fabric and which should be further processed?
Note: See the part (b) of the attached excel file for calculation of the increase or decrease in profit if the products are processed further.
In the attached excel file, we have:
Increase in profit of Pants if processed further = $31,550
Increase in profit of Shirts if processed further = $46,000
Decrease in profit of Coats if processed further = -$700
Since both there are increases in the profits of both Pants and Shirts if they are processed further, this implies that both Pants and Shirts should be processed further.
Since there is a decrease in the profits of Coats if it is processed further, this implies that Coats should should be sold as unfinished fabric.
Monica, a doctor, owns a small health care clinic that serves underserved people in a lower-income neighborhood. What type of entrepreneur is Monica?
A.
A social entrepreneur
B.
A home-based entrepreneur
C.
A growth oriented entrepreneur
D.
An Internet entrepreneur
E.
A franchisee
Answers
Answer:
b
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BRAINLIEST
Which two factors must operations managers consider when choosing facilities?
O Access to markets and capacity
O Access to markets and planning
O Access to markets and access to materials
O Access to materials and planning
Answers
Answer:
the answer is c because I got it right ok
When local store managers try to spot trends and changes so that they can respond to customer needs, they are attempting to ________.
A) increase the elasticity of supply
B) decrease the transaction costs
C) manage the external environment
D) increase the division of labor
Answers
Local store managers are attempting to manage the external environment when they try to spot trends and changes in order to respond to customer needs.
What is meant by managing external environment?The external environment in which the business, also known as the macro environment, includes all factors outside of the business's control that can have an impact on its operations. External factors influence business decisions by determining opportunities and risks.Managers can also actively work to influence their external environments by lobbying, voting, and influencing public opinion through the media. The organization is made up of internal elements. Internal change results from organizational activities and decisions.An external environment is made up of all the outside factors or influences that have an impact on how a business operates. To manage the flow of operations, the company must act or react. The external environment is classified into two types: microenvironment and macroenvironment.To learn more about external environment refer to :
https://brainly.com/question/30166632
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The inflation rate over the past year was 4.2 percent. If an investment had a real return of 9.4 percent, what was the nominal return on the investment?
Answers
Hope it helps you
The amount of a company’s sales revenue that remains after subtracting the “cost of goods sold,” a standard accounting measure of the costs of manufacturing or acquiring the items that are sold. Explain
Answers
Answer:
you can use both. but not sure.
Prepare a comparative income statement for any company extracting their P&L statement for the years 2020-21 & 2021-22. Analyse the incline and decline in the different elements in the P&L Statement and provide detailed insights.
Answers
Answer:
this is my own answer
Explanation:
hi
How to Prepare a Comparative Income Statement?
Step 1: Specify absolute figures of items like goods sold, net sales, selling expenses, etc., relating to the accounting period under consideration for analysis.
Step 2: Calculate the absolute change in the items mentioned in the income statement.