Its R&D efforts pay off and it now has more high-return investment opportunities that would be most likely to lead to a decrease in a firm's dividend payout ratio.
What is a Stock Market ?
The term "stock market" refers to a variety of locations where investors can buy and sell shares of companies that are publicly traded. Such monetary dealings happen on recognized exchanges and in over-the-counter (OTC) markets that follow a predetermined set of regulations.
Both "stock market" and "stock exchange" are frequently used synonymously. Traders buy and sell shares of stock on one or more of the stock exchanges that make up the larger stock market.
On the stock market, buyers and sellers of securities can interact, communicate, and transact business. The markets serve as a price discovery mechanism for corporate stock and a barometer for the health of the national economy.
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Distinguish between bee and bbbee
ANSWER:- The difference in these policies is while BEE sought to right the wrongs of the past, B-BBEE aims at distributing the wealth of nation across all races and genders.
Amye is in high school. As part of one of her classes, she had to identify the legality of different situations that involved workers and their employers. She enjoyed this aspect of her class so much that she wanted to find a job that uses this interest. Which career should Amye focus on during college?
accountant
human resources manager
chief executive officer
credit analyst
Answer:
B. Human resources manager
Explanation:
Have great weekend
Answer:
(B)human resources manager.
Explanation:
The human resources department handles a range of different functions within an organization. The department is responsible for hiring and firing employees, training workers, maintaining interoffice relationships and interpreting employment laws.
On May 3, what is the balance of the Equipment Office account? A. Debit $5,090 C. Debut $4,400 B. Debit $690 D. Credit $5.090
Based on the balance on the account and the amount purchased, the balance on the Equipment office account was A. Debit $5,090.
The opening balance for the Equipment office account was $4,400 on May 1.
The store then purchased a calculator for the office on May 1 for $690. This will increase the Equipment office account by the same amount.
The balance would therefore be:
= 4,400 + 690
= $5,090
This balance would be a debit as this is an asset.
In conclusion, option A is correct.
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Which method of cash distribution carries more informational content when its announcement is made: the cash dividends or the stock repurchase
Answer:
cash dividend
Explanation:
According to signalling theory, payment of dividends communicate management's earnings forecast. Thus dividend payment provide information about the health of a company to its investors.
Benefits like improved water quality and air quality, increases in biodiversity and habitat protection, and reductions in greenhouse gases (GHG), are all inherent in a strategy that protects and preserves land
Explanation:
This statement is correct. In reference to organizations, we can say that environmental management is increasingly a requirement for stakeholders when relating to a company, so there is an exponential growth of companies that seek to adopt more sustainable parameters in their production processes in order to reduce their impacts by environment to thus demonstrate to consumers and investors a company image that is concerned with positively developing society.
So there are some barriers that make the adoption of environmental processes more difficult in organizations, such as the difficulty of measuring environmental impacts, since many factories pollute the air in their production processes, for example, which is a factor that is difficult to measure.
The companies' focus then is to significantly reduce these impacts, and not just quantify them, this can be done through environmental programs, such as the Environmental Management System and ISO 14000 standards, which standardize processes and provide policies and procedures for the organization to adapt and achieve continuous improvement in its processes that contribute to the improvement of the environment as a whole.
Teamwork Skills
And what you can learn from it
In in skill In
life
The Brital Company processes unprocessed milk to produce two products, Butter Cream and Condensed Milk. The following information was collected for the month of June:
Direct Materials processed: 29,500 gallons
The Gross Margin Percentage is 31.62%.
Sales Price = (14,000 gallon*$3.5 + 15,500 gallon*$6)
Sales Price = $49,000 + $93,000
Sales Price = $142,000
Total Processing Costs = $49,000
Separable Costs = $13500 + $34600
Separable Costs = $48,100
Gross profit = Sales Price - Total - Processing Costs- Separable Costs
Gross profit = $142,000 - $49,000 - $48,100
Gross profit = $44,900
Gross Margin Percentage = Gross profit/Sales Price * 100
Gross Margin Percentage = $44900 / $142000 * 100
Gross Margin Percentage = 31.62%
Therefore, the Gross Margin Percentage is 31.62%.
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if the pictures are not the same size when they are selected from a file
a debit entry in the cash account and a corresponding credit entry in David Levin's account are made for the transaction.....
Answer:
receipts of cash from David Levin's
Explanation:
Is Meaningful Dynamic conditional and subjective the four traits for customer value identified in the text possessing specific attributes
No, "meaningful," "dynamic," "conditional," and "subjective" are not the four traits for customer value identified in the text possessing specific attributes.
The four traits for customer value identified in the text possessing specific attributes are as follows:
1. Customer value is a relative concept: This suggests that customer value is based on a customer's subjective opinion of what they value. It can change from one customer to another or even from one occasion to another.
2. Customer value is based on the product's benefit to the customer: It refers to the benefit that the product or service brings to the customer. This can include anything from cost savings to convenience, or enjoyment.
3. Customer value must be better than what the competition offers: This refers to how the customer perceives the product's value in comparison to the competition. It means that customer value is a product attribute that can be used to differentiate a product from others in the same category.
4. Customer value is based on customer retention: This suggests that customers are more likely to remain loyal if they believe that a product or service provides good value.
The four traits of customer value identified in the text with specific attributes are mentioned above. The term meaningful refers to the extent to which a product or service is meaningful to customers. The dynamic refers to the ever-changing nature of customer needs and expectations. Conditional refers to the terms and conditions under which a customer may value a product or service.
The term subjective refers to the idea that customer value is based on a customer's personal opinion. However, these four terms do not correspond to the four traits of customer value identified in the text. The four traits of customer value identified in the text have specific attributes that differentiate them from one another.
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Employee centered leader
Answer:
Employee centered leader behavior occurs when the leader is interested in developing a cohesive work group and in ensuring employees are satisfied with their jobs.
Answer:
employee centered leader behaviour occurs when the leader is interested in developing a cohesive work group and in ensuring employees are satisfied with their jobs
Explanation:
these tow styles of leader behaviour are believed to lie at the ends of a single continuum
2. Seller is defined as a party that makes, offers or contracts to make a sale to an actual or
potential buyer."
True of false?
Answer:
True
Explanation:
A seller is a person who agrees to exchange his goods or services with another party for money or other goods. A seller transfers ownership of the products to a buyer in exchange for money or other valuables. It is a person who sells, a salesperson, or a vendor of goods and services.
A seller requires a buyer to complete a sales transaction.
Geoffrey brought $50,000 into his business at the start of the accounting period. During the year, he needed $5,000 for a personal emergency. He borrowed this money from the business’s accounts. Under which accounting heads will the business record these transactions?
Geoffrey’s business will credit $50,000 to the
account and debit $5,000 from the
account.
Answer:
50,000 would be Capital and 5,000 would be drawings.
Explanation:
Indicate whether a debit or credit decreases the normal balance of each of the following accounts.
a. Land
b. Service revenue
c. Interest payable
d. Accounts receivable
e. Salaries expenses
f. Common stock
g. Prepaid insurance
h. Building
i. Interest revenue
j. Dividends
k. Unearned Revenue
l. Accounts payable
Answer:
Explanation:
A. Credit
b. Debit
c. Debit
d credit
e credit
f. Debit
g. Credit
h. Credit
i. Debit
j. Credit
k. Debit
l. Debit
A resource having economic worth that a person, business, or nation possesses or controls with the hope that it would someday be beneficial is referred to as an asset. They are acquired or produced in order to raise a company's value or improve the operations of the company. It can be tangible or intangible.
What is a liability?A liability is a debt that a firm owes that will cause it to forfeit future financial gains from dealing with other people or companies. A liability may be used in place of equity as a means of funding a business. Additionally, some liabilities are necessary for day-to-day corporate operations, such as trade payables or tax payments.
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Your friend Stan owns a coffee shop in a monopolistically competitive industry. One day, Stan tells you (an economist) that he is earning an economic profit and is setting his price equal to his marginal cost. Is Stan producing the profit-maximizing amount of coffee? What should he do?
In a monopolistically competitive industry, each firm has some control over the price it sets due to product differentiation.
Stan mentioned that he is earning an economic profit and setting his price equal to his marginal cost. To determine whether he is producing the profit-maximizing amount of coffee, we need to consider a few factors.
1. First, let's understand the relationship between price, marginal cost, and profit maximization. In a competitive market, profit maximization occurs where marginal cost equals marginal revenue. However, in monopolistic competition, firms have some market power, so the profit-maximizing quantity occurs where marginal cost equals marginal revenue, not price.
2. Setting the price equal to marginal cost does not necessarily guarantee profit maximization. If Stan's price is equal to marginal cost, it means that he is covering his variable costs, but it does not take into account his fixed costs. To maximize profit, Stan should set his price above marginal cost, considering both variable and fixed costs.
3. If Stan is currently earning an economic profit, it suggests that he may not be producing the profit-maximizing amount of coffee. In monopolistic competition, firms tend to have excess capacity, meaning they produce less than the quantity that would minimize average total cost. By increasing his output, Stan may be able to reduce his costs and increase his profit.
Considering these factors, here are a few suggestions for Stan:
- Conduct a cost analysis: Stan should evaluate his fixed and variable costs to understand the full picture of his expenses. By knowing his costs, he can set a more informed price and determine the profit-maximizing quantity.
- Consider demand elasticity: Stan should also assess the price elasticity of demand for his coffee. If demand is relatively elastic, a small price increase may result in a significant decrease in quantity demanded, potentially reducing his profits. On the other hand, if demand is inelastic, Stan may be able to increase his price without a significant drop in sales.
- Experiment with pricing: Stan could consider experimenting with different prices to find the optimal point that maximizes his profit. By monitoring customer response to different prices, he can identify the price that generates the most revenue while covering his costs.
By taking these steps and considering the unique characteristics of monopolistic competition, Stan can better position his coffee shop for long-term success and profitability.
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Stam Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Job 308 Balances on March 31 Direct materials (in March) $ 33,600 $ 41,900 Direct labor (in March) 24,600 20,300 Applied overhead (March) 12,300 10,150 Costs during April Direct materials 139,600 226,900 $ 102,300 Direct labor 94,200 161,500 107,300 Applied overhead ? ? ? Status on April 30 Finished (sold) Finished (unsold) In process Additional Information Raw Materials Inventory has a March 31 balance of $91,500. Raw materials purchases in April are $504,600, and total factory payroll cost in April is $388,300. Actual overhead costs incurred in April are indirect materials, $52,300; indirect labor, $25,300; factory rent, $34,300; factory utilities, $21,300; and factory equipment depreciation, $55,600. Predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $650,000 cash in April.
Based on the cost of production by Stam Company, the overhead rate which is applied to the jobs are:
Data and Calculations:
Job 306 Job 307 Job 308
Balances on March 31
Direct materials used (in March) $33,600 $41,900
Direct labor used (in March) $24,600 $20,300
Overhead applied (March) $12,300 $10,150
Costs during April
Direct materials used $139,000 $226,900 $102,000
Direct labor used $94,200 $161,500 $107,300
Overhead applied $55,600 $77,500 $52,500
($94,200 × 50%) ($161,500 × 50%) ($107,300 × 50%)
Job 306 - $47,100
Job 307 - $80,750
Job 308 - $53,650
The overhead rate applied for Job 306 in April is:
= Direct labor cost x 50%
= 94,200 x 50%
= $47,100
The overhead applied for Job 307 in April is:
= 161,500 x 50%
= $80,750
The overhead for Job 308 in April is:
= 107,300 x 50%
= $53,650
Hence, based on the cost of production by Stam Company, the overhead rate applied to the jobs are calculated above.
The given question is incomplete, the complete question is-
Stam Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Job 308 Balances on March 31 Direct materials (in March) $ 33,600 $ 41,900 Direct labor (in March) 24,600 20,300 Applied overhead (March) 12,300 10,150 Costs during April Direct materials 139,600 226,900 $ 102,300 Direct labor 94,200 161,500 107,300 Applied overhead ? ? ? Status on April 30 Finished (sold) Finished (unsold) In process Additional Information Raw Materials Inventory has a March 31 balance of $91,500. Raw materials purchases in April are $504,600, and total factory payroll cost in April is $388,300. Actual overhead costs incurred in April are indirect materials, $52,300; indirect labor, $25,300; factory rent, $34,300; factory utilities, $21,300; and factory equipment depreciation, $55,600. Predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $650,000 cash in April.
Enter debits before credits. Transaction General Journal Debit Credit a. Record entry Clear entry View general journal 4. Prepare a schedule of cost of goods manufactured for the month end April 30. Stam Company Schedule of Cost of Goods Manufactured For Month Ended April 30 Total manufacturing costs Total cost of work in process Cost of goods manufactured.
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Volatile price changes, technological changes, and government intervention are what type of risks?
Volatile price changes, technological changes, and government intervention are external risks that can impact a company's operations and performance.
What are Volatile price changesVolatile price changes refer to fluctuations in input or product prices, which can affect profitability and cost structure. Technological changes can introduce advancements or disrupt an industry, requiring companies to adapt to avoid becoming obsolete.
Government intervention, through regulatory changes or policies, can create uncertainties and challenges for companies, affecting operations, costs, and market access.
To mitigate these risks, companies should implement risk management strategies such as diversification, contingency planning, staying informed about market trends, investing in R&D, and engaging with government stakeholders.
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3. What is the opportunity cost of our military spending?
Answer:
Today SIPRI estimated that global military expenditure in 2015 was $1676 billion, about 2.3% of the world's total Gross Domestic Product (GDP). Such high levels of spending frequently raise concerns as to the 'opportunity cost' involved in military spending—the potential civilian uses of such resources that are lost.
Explanation:
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Describe the shifts in the world economy over the past 30 years. What are the implications of these shifts for international businesses based in the United Kingdom
Answer:
In the last 30 years, national economies have shifted towards decreasing trade barriers, and the world is becoming global economic space. Economic turbulence, especially in one of the major economies like the US, Europe, and China, tends to have ripple effects on other world economies. For example, the subprime housing crisis in 2008, which upturned the US economy, reached global proportions with the economic and financial meltdowns that were felt globally.
The new emergence in the economic system suggests that national boundaries are shrinking, and economies are becoming integrated and interdependent. In the last 30 years, China emerged as a global economic superpower, challenging the dominance of the US and European economies.
For businesses based in the United Kingdom, they have wider opportunities and better playing grounds. They can look beyond Europe and the US for investment and business opportunities. China, especially Hong Kong, is becoming an investment haven. Even other developing countries like Brazil, South Africa, and Dubai are becoming more attractive with increased consumer spending.
Secondly, the United Kingdom will continue to be the center of attraction for some Asian firms that will use London as a launching pad for their European businesses. This also poses some threats, just as it generates opportunities for global expansion of UK-based businesses.
Explanation:
Globalization has caused the world economies to merge and become a global economy. However, in the last four years, China seems to be recoiling to its shelves with the coming on board of the Trump Administration, which had exposed China's behind-the-door fiscal and monetary policies. This started when the administration labeled China as a currency manipulator. China is becoming alienated from the US and having its reputation tarnished internationally. The earlier prediction that China would emerge as the dominant superpower economy in 2010 was not wholly realized. China is re-strategizing by concentrating its investments in Asia, Africa, Latin America, and some parts of Europe.
Management accounting is concerned with the provision of information to help managers make informed decisions. Indicate whether this is true or false
Answer:
true I'm sure it will be correct
The process of putting strategy into action is known as:_________a. Environmental analysis.b. Strategy formulation.c. Strategic visioning.d. Strategy implementation.
Answer:
d. Strategy implementation.
Explanation:
Strategic implementation is the process of putting the strategy into action.
After strategic planning, which is the definition of the action plans necessary for a company to achieve the defined objectives and goals, it is the phase of strategic implementation, which is the process of executing the plans defined in the planning stage.
Therefore, when implementing the strategy in an organization, it is necessary that the action plans are constantly monitored, so that the managers can have knowledge of the performance of the designed strategy, to prevent failures, correct some essential factor for the effectiveness of the action plans, monitor the internal and external environment, monitor the performance of employees, etc., in order to seek continuous improvement of the company's strategic action processes to achieve the expected objectives.
Fuel of R800 for the delivery truck was posted to the salaries and wages account, what is the accounting equation
Posting fuel expenses to the salaries and wages account is an error that disrupts the accounting equation. To rectify this mistake, the transaction should be reversed by debiting the correct account (Fuel) and crediting the incorrect account (Salaries and wages).
The accounting equation states that assets = liabilities + equity. It is a fundamental principle of accounting, and it is used to ensure that financial statements are accurate and balanced. This equation holds true for every transaction that a company makes, including the case when fuel of R800 for the delivery truck was posted to the salaries and wages account.
When fuel of R800 for the delivery truck was posted to the salaries and wages account, it is a mistake. The transaction was wrongly posted to the wrong account. Therefore, the accounting equation will not balance, as it is incorrect. To fix this error, the transaction should be reversed by debiting the salaries and wages account and crediting the fuel account, the correct account for the transaction.
The corrected journal entry will be: Debit Fuel account R800, Credit Salaries and wages account R800. This will balance the accounting equation and ensure that the financial statements are accurate. It is important to always ensure that transactions are posted to the correct accounts to maintain the accuracy of financial records.
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Libby bought 250 stocks of a company named Xylet last year. Xylet’s total earning for the year is $ 4million and it has 1,000,000 outstanding stocks. What is Xylet’s Earning per share (EPS)?
A.
4
B.
0.04
C.
40
D.
400
Answer:
4
Explanation:
The information related to interest expense of Classic Music, Inc. is given belowNet income $264,000Income tax expense $107,000Interest expense $66,000Based on the above data, which of the following is the times-interest-earned ratio?A. 5.00 timesB. 4.08 timesC. 6 62 timesD. 4.00 times
Answer:
Classic Music, Inc.
C. 6.62 times
Explanation:
a) The times-interest-earned (TIE) ratio measures a company's ability to meet its debt obligations based on its current income. It is calculated as earnings before interest and taxes (EBIT) divided by the total interest payable on bonds and other debts.
b) The EBIT is $437,000 (Net Income + Income Tax and Interest Expenses).
c) Therefore, the TIE is equal to 6.62 times ($437,000/$66,000).
Question 1 Calculate the selling price that Valmont Company will establish for the XP–200 using absorption cost-plus pricing, considering the absorption unit product cost of $8,400 and a markup percentage of 85%.
Question 2 Determine the economic value to the customer (EVC) over the XP–200's 20,000-hour life. Consider the advantages it offers compared to the competitor's piece of equipment, such as longer usage time, lower preventive maintenance costs, and lower electricity consumption.
Question 3 If Valmont Company decides to use value-based pricing, what range of possible prices should they consider when setting a price for the XP–200? Take into account the economic value provided to the customer and the pricing of the competitor's equipment.
Question 4 Provide advice to Valmont's managers on choosing between absorption cost-plus pricing and value-based pricing. Consider the concerns expressed by the marketing managers and the potential impact on market competitiveness, customer perception, and profitability.
For each question, ask your students to show their calculations, provide explanations, and justify their answers based on the given information and pricing concepts. Encourage them to think critically and consider the implications of different pricing strategies on the company's goals and market position.
1. Valmont Company should establish a selling price of $15,540 for the XP–200 using absorption cost-plus pricing.
2. The advantages mentioned are longer usage time, lower preventive maintenance costs, and lower electricity consumption.
3. If Valmont Company decides to use value-based pricing, they should consider the economic value provided to the customer and the pricing of the competitor's equipment.
4. Choosing between absorption cost-plus pricing and value-based pricing depends on various factors such as market competitiveness, customer perception, and profitability.
1. To calculate the selling price using absorption cost-plus pricing, we need to add a markup percentage to the absorption unit product cost. In this case, the absorption unit product cost is given as $8,400, and the markup percentage is 85%.
Markup = Markup percentage * Absorption unit product cost
Markup = 85% * $8,400
Markup = $7,140
Selling price = Absorption unit product cost + Markup
Selling price = $8,400 + $7,140
Selling price = $15,540
Therefore, Valmont Company should establish a selling price of $15,540 for the XP–200 using absorption cost-plus pricing.
2. To determine the economic value to the customer (EVC) over the XP–200's 20,000-hour life, we need to consider the advantages it offers compared to the competitor's equipment. The advantages mentioned are longer usage time, lower preventive maintenance costs, and lower electricity consumption.
EVC can be calculated by quantifying the monetary value of these advantages over the product's lifespan. Let's assume the following values:
Longer usage time: 5,000 additional hours compared to the competitor's equipment.
Lower preventive maintenance costs: $500 saved annually compared to the competitor's equipment.
Lower electricity consumption: $200 saved annually compared to the competitor's equipment.
EVC = (Additional usage time * Value per hour) + (Annual cost savings * Present value factor)
Using a discount rate of 10% and assuming the annual cost savings remain constant over the 20,000-hour life:
EVC = (5,000 hours * Value per hour) + ($500 * Present value factor) + ($200 * Present value factor) + ... (repeated for all 20 years)
3. If Valmont Company decides to use value-based pricing, they should consider the economic value provided to the customer and the pricing of the competitor's equipment. This involves determining a range of possible prices based on the additional value delivered by the XP–200 compared to the competitor's equipment.
To calculate the range of possible prices, you would need to assess the economic value of the XP–200 as determined in Question 2 and consider the pricing of the competitor's equipment. Without specific values and competitor pricing information, it's not possible to provide a precise range of prices.
However, Valmont Company should set the price within a range that captures a significant portion of the economic value delivered to the customer while remaining competitive in the market.
4. Choosing between absorption cost-plus pricing and value-based pricing depends on various factors such as market competitiveness, customer perception, and profitability. Here are some considerations for Valmont's managers:
Absorption cost-plus pricing:
Pros: This approach ensures that all costs, including fixed and variable costs, are covered. It provides a straightforward calculation for determining the selling price and ensures profitability.
Cons: It does not directly consider the economic value delivered to the customer or the pricing of the competitor's equipment. This approach may not reflect the true value of the XP–200 to customers, potentially leading to pricing that is not aligned with customer expectations or market conditions.
Value-based pricing:
Pros: This approach considers the economic value provided to the customer, allowing the price to be based on the perceived value rather than just the cost. It aligns the price with the customer's willingness to pay and can capture the full value delivered by the XP–200.
Cons: It may be more challenging to quantify and communicate the economic value to customers. Determining the optimal price range requires a thorough understanding of customer preferences, competitor pricing, and market dynamics.
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Methods of short-term financing include?
A. Trade credit and business loans
B. Accounts payable, accounts receivable, and bonds < I think?
C. Bonds
D. A bill of exchange
Answer:
its trade credit and business loans
Explanation:
edge 2021
2020 quantity
cost
PRICE
2021 quantity
cost
PRICE
Brocoli Cauliflowe Carrots
100
200
50
75
1.5
80
120
1.5
75
2
75
225
3
300
500
50
0.1
500
100
0.2
100
325
475
CPI base year 2020
100
146.154
46%
Inflation rate
The inflation rate can be calculated using the Consumer Price Index (CPI) formula, which measures the change in the price of goods and services over time. In this case, the base year is 2020, and we want to calculate the inflation rate for 2021.
First, we need to calculate the CPI for 2020 and 2021:
CPI 2020 = (1001.5) + (2002) + (503) = 500
CPI 2021 = (751.5) + (1201.5) + (2253) = 975
Next, we can use the formula to calculate the inflation rate:
Inflation rate = ((CPI 2021 - CPI 2020) / CPI 2020) x 100%
Inflation rate = ((975 - 500) / 500) x 100%
Inflation rate = 95%
Therefore, the inflation rate between 2020 and 2021 is 95%.
consumers use expanded decisions when purchasing?
Answer:
Consumers use expanded decisions when purchasing high-priced, complex, or unfamiliar products. Expanded decision-making involves a high level of involvement by the consumer, who engages in extensive information search, evaluation of alternatives, and consideration of the consequences of the decision. This type of decision-making is often used for products that are expensive, have a high degree of risk, or are infrequently purchased. For example, a consumer might use expanded decision-making when purchasing a car, a home, or a college education. In contrast, for products that are low-priced, frequently purchased, or have low risk, consumers often use limited decision-making or routine decision-making.
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Explain the procedure of inducting new technology on a given business
Explanation:
The following are basic steps generally used.
1. Identify the technological needs of the business: This could involve asking key stakeholders in the business organization about problems that can be solved or reduced by a particular technology.
2. Thoroughly explain the benefits of adopting the technology: This involves telling and convincing members of the organization about the importance, benefits, and features of the new technology.
3. Incubate training program for the technology:
4. Collect feedback from the users of the technology.
Which Airlines lounges are the best ?
Answer:
Air France La Première Lounge, Paris is the first best Airline lounge in the World.
Explanation:
The Air France La Première Lounge gives its customer one of the fashionable flying experiences in the world, as it includes freshening up the cozy cocktail bar to be brighter and more inviting, adding semi-private relaxation areas and installing new pieces of art.
In addition to having one of the best first class inflight experiences available, Air France also provides an outstanding ground experience in Paris. Best food is also offered at the restaurant there.
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