which of the following is true with regard to price? a) historically, price has had the least perceptible impact on buyer choice. b) price is the least flexible element in the marketing mix. c) unlike product features and channel commitments, prices cannot be changed quickly. d) price is the sum of all the values that customers give up to gain the benefits of having a product. e) prices only have an indirect impact on a firm's bottom line.
Answers
The true option with regard to price is d) price is the sum of all the values that customers give up to gain the benefits of having a product.
What is a price?A price is the sum of money that one party pays or receives in exchange for another's goods or services. The cost of production may go by another name in certain circumstances. If a product is classified as a "good" in a commercial transaction, its price is most likely to be referred to as such.
Price is the sum of money customers are willing to spend on a product. Marketers must consider supply costs, seasonal discounts, competitor prices, and retail markup in addition to connecting the price to the product's actual and perceived value.
Price is the total of all the values that consumers forgo in exchange for a product's advantages. In conclusion, based on the information, the correct option is D.
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Related Questions
types of shares in a business
Answers
Answer:
ordinary shares
non-voting shares
redeemable shares
preference shares
Explanation:
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Which metric measures the customers willingness to recommend the clients product and services to others
Answers
Answer:
Net promoter score.
Explanation:
Net promoter score can be defined as a metric that measures the customers willingness to recommend the clients product and services to others.
In Business management, one of the key metrics that is being used by producers or service providers to measure the efforts of a customer to recommend their products and services to others is the net promoter score. The net promoter score is graded on a scale of -100 to 100 to measure customer satisfaction and the willingness of the customer to recommend such products or services to their peers, families or colleagues.
This ultimately implies that, a net promoter score helps business owners to gather information on how satisfied their customers are and if they would be loyal enough to the brand by recommending their products or services to others.
Which of the following products would be classified as a finish good?
Answers
The products to be classified as a finished good is a hamburger sold at a fast food restaurant. The Option C is correct.
What is a finished good in production?In production, a finished goods means those products that have passed or completed the manufacturing process but are not yet sold or distributed to the final consumer. When these product gets to the end users, the processing of goods is then at the final stage.
While the finished goods are final products of one company, the goods may be also be a components or raw materials to another. In essence, the components which are used to further the production of different products.
A very good example of finished goods is a business transaction between a computer chip manufacturer and computer manufacturer. The chip here is a finished product to the manufacturer, but it becomes a component when sold to the computer manufacturer.
Full question "Which of the following products would be classified as a finished good... A clothing dye salt to clothing manufacturers.. B lumber sold to construction companies... C a hamburger sold at a fast food restaurant . D electrical wiring sold to automotive repair shops
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Which of the following is most likely to be a primary data source:
a. A sales invoice
b. A customer record
c. An expense report
d. A customer survey
Answers
Answer:
d. A customer survey
Explanation:
Primary data is information gathered by researchers for the first time intended for specific research. It is data obtained directly from the source and relevant for a particular study. Primary data is collected through various means, including direct personal interviews, through enumerators, and questionnaire.
A customer survey is a form of primary data. Surveys give responses directly from customers on the issues that researchers are interested in.
Many weight-loss programs advertise that they can help individuals lose a great deal of weight without any changes in the individual's lifestyle. Typically when the person who has lost the weight leaves the program, he or she regains all the lost weight. This yo-yoing is almost as bad for the body as the excess weight. These weight-loss programs are engaged in _____ behavior.
a.legal and irresponsible
b.legal and responsible
c.illegal but responsible
d.legal but irresponsible
Answers
Answer:
d
Explanation:
Rising interest rates have made borrowing more costly to consumers. As a result
of the most recent increase in interest rates, borrowing and consumption have
fallen throughout the economy, triggering a contractionary period. Growing
uneasy, citizens have been asking Congress to make an official statement as to
how long this contractionary period is expected to last. Which of the following is
an appropriate response?
Answers
Answer:
it depends on the measures taken to ensure that economy is stable.
Answer:
1. it is difficult to say since contractionary periods have varying lengths in different business cycles.
2. shock
3. high unemployment
4. two
5. expansion stage of the business cycle
Explanation:
just took it
Please help me I know how to do them i just want to make sure im correct
Answers
The amount of interest that we will you receive annually on a 7% coupon rate bond with a $1,000 face value equals to $70.
How much interest will we receive?We can calculate the dollar amount of the interest rate by multiplying the bond's face value by its coupon interest rate. To calculate the annual interest on a bond with a 7% coupon rate and a $1,000 face value, you simply multiply the face value by the coupon rate.
Annual interest = Face value x Coupon rate
Annual interest = $1,000 x 0.07
Annual interest = $70
Therefore, you would receive $70 in annual interest on a 7% coupon rate bond with a $1,000 face value.
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Products liability, medical malpractice, battery, invasion of privacy, trespass, wrongful death and libel all fall within a field of civil law known as:
Answers
Products liability, medical malpractice, battery, invasion of privacy, trespass, wrongful death, and libel all fall within a field of civil law known as tort law.
Tort law encompasses civil wrongs or harms that result in legal liability and provide grounds for a lawsuit. It is a branch of civil law that seeks to compensate individuals who have suffered harm or injury due to the wrongful actions or omissions of others. Tort law aims to provide remedies and compensation for the injured party, deter future wrongdoing, and uphold standards of conduct in society.
Within tort law, various categories of wrongful acts or civil wrongs are recognized. Products liability deals with the legal responsibility of manufacturers or sellers for defective products that cause harm to consumers. Medical malpractice involves negligence or improper treatment by healthcare professionals. Battery refers to intentional harmful contact or physical violence against another person. Invasion of privacy addresses violations of an individual's right to privacy. Trespass refers to unauthorized entry or interference with someone's property. Wrongful death involves a death caused by someone's negligence or intentional act. Lastly, libel pertains to false and damaging written statements.
All these specific areas of civil law fall under the broader umbrella of tort law.
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Best Reinsurers assumes, under a treaty, all homeowners and personal auto business underwritten by Aurora Insurance Company. On occasion, Aurora will underwrite some homeowners policies with very high value homes. Aurora underwriters have been directed through their underwriting guidelines not to cede high value homes (as in the directive) to the treaty. Although the treaty does not expressly exclude this business, the directive was developed to protect the treaty from unusually high losses. If an application is submitted for a home that falls within the directive and Aurora does not wish to retain the entire risk, what is the best method of handling this submission
Answers
Answer: C. Purchase facultative reinsurance and write the policy
Explanation:
The options are:.
A. Purchase another treaty and write the policy
B. Decline the business for reinsurance reasons
C. Purchase facultative reinsurance and write the policy
D. Cede the policy to the existing treaty if the risk is acceptable
Based on the information given, we should note that in a case whereby an application is submitted for a home which falls within the directive and Aurora does not wish to retain the entire risk, the best method of handling this submission will be to buy a facultative reinsurance and then write the policy.
A facultative reinsurance is the coverage that is bought by a primary insurer in order to cover a particular risk. Hence, it'll be used to cover the single risk in this case.
As Commonwealth Edison Co. v. Montana indicated, the Commerce Clause cannot apply until goods are placed directly into interstate commerce. As such, the Commerce Clause does not apply to intrastate activities prior to entry into interstate commerce. Group of answer choices True False
Answers
The given statement: "As Commonwealth Edison Co. v. Montana indicated, the Commerce Clause cannot apply until goods are placed directly into interstate commerce. As such, the Commerce Clause does not apply to intrastate activities prior to entry into interstate commerce" is True.
The Commerce Clause refers to a part of the U.S. Constitution that grants Congress the power "to regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes.
Commonwealth Edison Co. v. Montana was a legal case in the United States that dealt with the applicability of the Commerce Clause to in-state activity. The Supreme Court held in the case that the Commerce Clause did not apply to intrastate activity until goods or services were placed directly into interstate commerce.
The Court held in Commonwealth Edison Co. v. Montana that until goods or services are placed directly into interstate commerce, the Commerce Clause cannot be used. As a result, the Commerce Clause does not apply to intrastate activities before they are placed into interstate commerce.
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what do you understand by attributes in HTML?
this question is of computer.
Answers
An $1,000 check written for supplies was journalized and posted as $200. The entry to correct this error is:
Answers
There are two ways to make correcting entries: reverse the incorrect entry and then use a second journal entry to record the transaction correctly, or make a single journal entry that, when combined with the original but incorrect entry, fixes the error.
After making a credit purchase for supplies worth $50 on April 5, suppose Mr. Green accidently credits accounts receivable instead of accounts payable.Mr. Green discovers the error on May 2, after receiving a bill for the supplies. He may use two entries to fix the error: one that reverses the incorrect entry by debiting accounts receivable for $50 and crediting supplies for $50, and another that records the transaction correctly by debiting supplies for $50 and crediting accounts payable for $50.
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impact of lockdown on business
Answers
Explanation:
Impact on lockdown on business It has been very tough time for buisness as far as we know buisness hasnt last long enough and there has been very huge losses.
Explain the stages of conducting population census
Answers
Answer: Hence, the census activities can be divided into three main stages: preliminary, data collection, and publishing results.
Respond to all parts of the following prompt:
When the Framers were designing the federal government, they believed that the House of Representatives would be "the people’s" branch of government. Nowadays, however, many critics say that the House would be better described as "the insiders’" branch of government.
Assess the public’s role in congressional decision-making in the modern House of Representatives:
First, explain why legislators may not listen to all constituents all the time.
Second, explain how policy-making processes might make it difficult for the public to monitor and evaluate the House.
Third, explain why partisan gerrymandering and polarization may make representatives less responsive to their constituents back home.
Answers
In the modern House of Representatives, the public's role in decision-making faces challenges. Legislators cannot listen to all constituents due to time and resource limitations. Policy-making processes can be complex and difficult for the public to monitor. Partisan gerrymandering and polarization may make representatives less responsive to their constituents.
In the modern House of Representatives, the public's role in congressional decision-making has evolved and faces certain challenges.
1. Legislators may not listen to all constituents all the time due to several reasons. First, representatives have limited time and resources to engage with and respond to every individual constituent. With large and diverse constituencies, it becomes impractical to address the concerns of every single person. Additionally, legislators may prioritize the interests and needs of certain groups or stakeholders over others, based on political considerations or policy agendas.
2. Policy-making processes in the House can make it difficult for the public to effectively monitor and evaluate the decision-making process. Legislation often goes through multiple stages, including committee hearings, markups, and floor debates, which can be complex and time-consuming. The technical language and intricacies of policy proposals can be challenging for the average citizen to understand fully. Moreover, the influence of lobbying and special interest groups can further complicate the transparency and accountability of the decision-making process.
3. Partisan gerrymandering and polarization contribute to representatives being less responsive to their constituents. Gerrymandering is the manipulation of district boundaries to benefit one political party over another. When districts are drawn in a way that favors a particular party, representatives may feel less accountable to the entire electorate and more inclined to cater to the interests of their party base. Polarization exacerbates this issue, as representatives become more ideologically aligned with their party and less inclined to work across party lines or compromise, which can hinder responsiveness to constituents' diverse needs.
Overall, these factors contribute to the perception that the House of Representatives may be more inclined towards serving the interests of insiders rather than being the direct voice of the people. While representatives are still elected by the public and have mechanisms for citizen input such as town hall meetings and constituent services, the complexities of modern governance and political dynamics can create barriers to full public engagement and influence in congressional decision-making.
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Did Sue draw this circle change into passive voice
Answers
Answer:
Was this circle drawn by Sue?
Explanation:
how long does it take for tax refund to show in bank account after approved
Answers
Answer:
Assuming no issues, IRS issues tax refunds in less than 21 calendar days after IRS receives the tax return. IRS has an on-line tool, "Where's My Tax Refund", at www.irs.gov that will provide the status of a tax refund using the taxpayer's SSN, filing status, and refund amount.
Explanation:
Does the following sentence use the active or passive voice? Refreshments will be served. a. Passiveb. Active
Answers
Answer: B: Active
Explanation: The fact that the word "Will" is in the sentence makes it an active voice.
The sentence "Refreshments will be served" uses the passive voice. Option A is correct.
The sentence is in the passive voice because the subject "refreshments" is being acted upon by the verb "served". In the passive voice, the focus is on the recipient of the action rather than the doer of the action. In this case, the sentence is emphasizing that refreshments will be provided to the guests rather than who will be providing the refreshments.
In contrast, if the sentence were in the active voice, it would be written as "We will serve refreshments", where the emphasis is on the doer of the action.
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Most states impose limitations on the authority of the legislature to borrow money, with their objectives being to protect taxpayers and the credit of the state government.
A. to borrow money, with their objectives being to protect.
B. to borrow money, the objectives of which are the protecting of
C. to borrow money, limitations intended to protect.
D. for borrowing money, of which the objective is protecting.
E. for borrowing money, limitations with the intent of protecting.
Answers
Answer:
C). to borrow money, limitations intended to protect.
Explanation:
As per the question, the correct statement to replace the underlined phrase would be 'to borrow...to protect' as it is grammatically appropriate and lexically coherent. The first option is incorrect due to the wrong usage of 'being' which disrupts the flow and meaning of the sentence while the second option inaptly employs '-ing' form of the verb('protecting') after the article 'the.' Options 'D' and 'E' are the wrong due to grammatical errors like unnecessary usage of 'of which' and 'for borrowing.' Thus, option C is the correct answer.
Corrective taxes are unlike most other taxes because they:_________
Answers
Corrective taxes are unlike most other taxes because they are specifically designed to correct a negative externality, which is an unintended cost imposed on a third party as a result of an economic activity.
Unlike other taxes, which are primarily designed to raise revenue for the government, corrective taxes aim to discourage behavior that creates negative externalities, such as pollution, by making it more expensive to engage in that behavior.
The idea behind corrective taxes is to align the private cost of an activity with its social cost, which includes the cost imposed on third parties. For example, a tax on carbon emissions would increase the cost of using fossil fuels, such as gasoline and coal, which would incentivize individuals and firms to use cleaner, renewable energy sources instead.
This would not only reduce the negative externality of pollution but also encourage innovation in clean energy technologies. Therefore, corrective taxes are unlike most other taxes because they are designed to achieve a specific policy goal, rather than simply generating revenue for the government.
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Sydnee would like a chart to appear once in her report, but she is having trouble making this occur. She does not understand why the chart is showing multiple times in the report. What is most likely causing the problem?
The chart is placed in the header and footer of a database.
The chart is placed in the field of a database.
The chart is placed in a database with one group.
The chart is placed in a database with five groups.
Answers
Answer:
The chart is placed in a database with five groups.
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Assume that you purchase a $3,200 bond issued by harley-davidson that pays 4 percent interest each year, paid every 6 months. what is the amount of each interest payment?
Answers
Amount of each interest payment = Face Value of the Bond x Annual interest rate x 1/2 Amount of each interest payment = 4,000 x 6.00% x 1/2 Amount of each interest payment = $120.
In the fields of finance and economics, interest is the payment made at a set rate by Amount of each interest payment = Face Value of the Bond x Annual interest rate x 1/2 Amount of each interest payment = 4,000 x 6.00% x 1/2 Amount of each interest payment = $120.a borrower or deposit-taking financial institution to a lender or depositor in excess of the principle amount (the amount borrowed). [1] It is not the same as a charge that the borrower could pay to the lender or another entity. It also differs from dividends, which are distributed to shareholders (owners) by a company from its profit or reserve, but not at a set rate predetermined in advance,
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When a company wants to design a new wireless headset it invited a group of interested users to comment on and try out various product prototypes during its design process. This is an example of what type of process?
Answers
Answer:
Testing process...?
Would have been better if given options...
This is an example of what type of process testing process.
What is the product testing process?
The four essential strategies of verification are Inspection, Demonstration, test, and evaluation. The four strategies are somewhat hierarchical in nature, as every verifies the necessities of a product or system with growing rigor.
Product trying out u.s. is a legitimate manner to get a risk to get a few virtually valuable merchandise totally free. but you want to be aware that it's far like a lottery – there is no guarantee you may get to test a product.
The Product trying out exercise gives consulting for automation engineering, solutions, and their validation; Interop and Certification for servers, switches, and storage; Infrastructure Validation and workload-based totally benchmarking for Datacenter provider providers.
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electronics world inc. paid out $28.2 million in total common dividends and reported $112.3 million of retained earnings at year-end. the prior year's retained earnings were $74.1 million. what was the net income? assume that all dividends declared were actually paid. write out your answer completely. for example, 25 million should be entered as 25,000,000. round your answer to the nearest dollar, if necessary.
Answers
The net income for the year was $66,400,000.
Net Income is the profit a company has after subtracting all of its expenses from its total revenues for a specific period of time, usually a quarter or a year.
We can use the formula
Net Income = Dividends + Ending Retained Earnings - Beginning Retained Earnings
We are given that the total common dividends paid out is $28.2 million, the ending retained earnings are $112.3 million, and the beginning retained earnings were $74.1 million.
Substituting these values into the formula, we get:
Net Income = $28.2 million + $112.3 million - $74.1 million
Add the numbers
Net Income = $66.4 million
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A firm has a debt-to-total asset ratio of 75%, $258,000 in debt, and net income of $58,480. calculate return on equity.
Answers
The return on equity (ROE) for the firm can be calculated as 9.35%.
Return on equity (ROE) is a financial ratio that measures the profitability of a company by indicating how much profit it generates for each dollar of shareholders' equity. It is calculated by dividing the net income by the shareholders' equity.
Given that the firm has a debt-to-total asset ratio of 75%, we can calculate the shareholders' equity as 25% of the total assets. Assuming the total assets are equal to the sum of debt and equity, we can calculate the shareholders' equity as $258,000 / (1 - 0.75) = $1,032,000.
Now, we can calculate the ROE by dividing the net income of $58,480 by the shareholders' equity of $1,032,000 and multiplying by 100 to express it as a percentage. The ROE is (58,480 / 1,032,000) * 100 = 5.66%.
Therefore, the return on equity (ROE) for the firm is 9.35%. This indicates that for every dollar of equity, the firm generates a return of 9.35 cents.
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Bonnie claims single with 2 federal withholding allowances, and contributes state tax of 20% of her federal tax. Below is a copy of Bonnie's biweekly statement of earnings. Bonnie knows that her gross earnings and federal tax are correct, but she thinks that her net pay is not correct. Using the fact that Social Security is 6.2% and Medicare is 1.45% of gross pay, explain why the given net pay is not correct. Determine how the error can be corrected, and what the net pay should be.
Answers
Answer:
The given net pay is not correct because Medicare is not 1.45% of her gross pay. The Medicare should be $11.02, making the correct net pay $641.86.
Answer:
The amount of Medicare tax has been calculated incorrectly. The Medicare tax should be $11.02, not $110.20. The actual net pay should be $641.86.
Explanation:
From Ed. :)
1. Which is an example of fiscal policy?
A. preventing unions from going on strike
B. raising taxes in order to cover a budge deficit
C. Restricting the amount of money that banks can lend
D. increasing the level of minimum wage
2. Which is an example of fiscal policy?
A. decreasing the interest rates on loans charged to car companies
B. deploying troops to help citizens cope with natural disaster
C. going into debt to buy a large number of vehicles
D. limiting the number of foreign cars that can be sold in the United Stats
Answers
Answer:
A. decreasing the interest rates on loans charged to car companies
Which promotional tool can be more effective when you are selling a complex product?
A. advertising
B. sales promotion
C. personal selling
D. public relations
Answers
Answer:
Personal selling
Explanation:
Personal selling is more flexible than other promotional tools such as advertising and sales promotion.
Ben Thomas is earning an annual salary of $15,090 at Custom Stereos. He has been offered a job at the local Ford dealer for $16,660 annually. How much more would Ben earn per week if he accepts the position at the Ford dealer?
Answers
Answer:
$30.2
Explanation:
The current annual salary for Ben Thomas is $15,090. the weekly salary will be $15,090 divide by 52
=$15,090 / 52
=$290. 2
The new annual salary at the Ford dealer is $16,660
Weekly salary is the annual salary divided by 52
= $16,660 / 52
=$320.4
Ben Thomas will earn much more by:
=$320.4 - $290. 2
=$30.2
how much time is required after a sprint to prepare for the next sprint
Answers
The duration of these activities can vary, but typically, the sprint transition period lasts a few hours to a few days, depending on the size and complexity of the project.
It is important to allow enough time for thorough review, refinement, and planning to ensure that the next sprint starts on a solid foundation and the team is well-prepared to begin the work.
The amount of time required to prepare for the next sprint in Agile methodology can vary depending on several factors, including the team's efficiency, the complexity of the project, and the specific processes and practices followed by the team. Generally, the time between sprints is known as the "sprint transition" or "sprint review and planning" period.
During this period, the team typically engages in several activities to prepare for the next sprint, including:
Sprint Review: The team conducts a retrospective meeting to review the previous sprint, assess the progress made, and identify areas for improvement. This meeting helps gather feedback from stakeholders and ensures that any necessary adjustments or course corrections are made.
Backlog Refinement: The team collaborates to refine the product backlog, review and prioritize user stories or tasks, and add or update requirements for the next sprint. This process ensures that the backlog is well-prepared and ready for sprint planning.
Sprint Planning: The team holds a sprint planning meeting to define the goals, scope, and deliverables for the upcoming sprint. This includes selecting user stories or tasks from the refined backlog, estimating effort and complexity, and creating a detailed plan for the sprint.
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