Market structure refers to the categorization of firms according to the types of goods they sell and their methods of operation. Given the question, the market structure that describes retail clothing is
Monopolistic CompetitionMonopolistic Competition is that where there are different firms selling similar things that are not particularly, exact.
It is easy to start up this sort of business because there are not so many barriers to entry.
Also, competitors are independent because the decision of one does not affect the others. Retail clothing is an example.
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Products that are difficult to move out of a plant once they are manufactured, such as ocean-going vessels and room-sized murals, are usually manufactured in a _____ layout.
Answer:
fixed-position
Explanation:
When Burger World considered adding Italian beef to its menu, the company made the sandwiches available in some of its more established markets to determine customer reactions. That process is called
This process that Burger World embarked on in order to test customer reactions is known as Test Marketing
Test Marketing:
Involves a limited release of a new product Is done to check how customers will react to the productIf customers like the product then the company will start producing it in a higher quantity because it means that the product will likely be successful.
In conclusion, Burger World was engaging in Test marketing.
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what are two examples of a direct to consumer marketing channel?
The two (2) examples of a direct to consumer marketing channel include the following:
Buying a product (good) from the Home Shopping Network.A customer ordering some products (goods) from the John and Harry food and gift catalog.What is marketing?Marketing simply refers to a strategic process which typically involves developing promotional techniques and sales strategies by a business firm to enhance the availability of products (goods) and services, in order to meet the demands, and unending needs of the end users (consumers) through advertising and market research.
In Business management and marketing, there are two types of marketing channels and these include the following:
Direct channel.Indirect channel.What is a direct channel?A direct channel can be defined as type of marketing channel that is devoid of a retailer, but comprises only two (2) parties, which includes the following:
A producer.A consumer.In this context, we can reasonably infer and logically deduce that a direct channel eliminates the wholesaler, retailer, distributor, broker or agent, and as such it is a marketing strategy that increases the level of sales within a specific period of time because it helps the customer to interface directly with the manufacturer of products (goods) and services.
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For internal record keeping, most companies carry their inventory using the _____ basis. Multiple choice question. LIFO FIFO average cost specific identification
For internal record keeping, most companies usually carry their inventory by using the inventory cost flow method that's known as LIFO.
LIFO simply means last in, first out. It's a method of account that's used to account for inventory. Under this method, the cost of the most recently bought goods are expensed first.
It should be noted that companies typically use LIFO because it realistically matches the current cost of an inventory with the current revenue that it produces.
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When the makers of Reese's candy bars decided to manufacture Reese's peanut butter, it was an example of
When the makers of Reese's candy bars decided to manufacture Reese's peanut butter, it was an example of Brand extension.
A brand extension or brand stretching involves a company using one of its product brand names on a new product. The new product is known as a spin-off.
This method increases the new brand sales.
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When the direct write-off method is used in accounting for uncollectible accounts, any uncollectible account is written off against the: Group of answer choices allowance account sales account bad debt expense account accounts receivable account
Answer:
sales account
Explanation:
because the direct write off method is used in accounting for uncollectible accounts
If the seller (located in Cincinnati) is responsible for all costs of a shipment from Cincinnati to Houston, the shipment will be labeled:
If the seller (located in Cincinnati) is responsible for all costs of a shipment from Cincinnati to Houston, the shipment will be labeled: FOB Houston.
FOB which full meaning is freight on board means that the seller has shipped the goods to the buyer.
Hence, the seller is no longer in the possession of the goods but the buyer because the transfer of ownership has taken place from the seller to the buyer.
In this case the buyer is responsible for any costs or damages that occur during shipping because the goods are now in the control of the buyer.
Based on the information given since the seller (located in Cincinnati) is responsible for all costs of a shipment from Cincinnati to Houston, the shipment will be labeled FOB Houston as the buyer is located in Houston.
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you manage the worksheet shown below that contains a list of employees and a list of building numbers. the employee list is 1500 rows of data. what is the easiest way to sort the employee list without affecting the building number list?
The easiest way to sort the employee list without affecting the building number list is by using the data sort function.
There are several programs for creating tables and managing data. One of them is Microsoft Excel, in this program, you can integrate, manage, organize, save and modify data.
In the situation where I manage a list of employees and a list of building numbers of about 1500 data and I need to organize them without affecting the other lists, I must follow the following steps.
Select the list that I want to organize, for example, column B.I click on the data option and then on the order option. At that moment, a warning will appear telling you that I have more data in my table (in this case the list of building numbers) and it will ask if I want to include it in the organized action.I mark the option to Continue with the current selection and I give it to order.At this moment another window opens where they give me different options to organize my data, for example alphabetically from A to Z or from Z to A, or I can customize it.Subsequently, I give it order and the list organizes the data as I wish.Learn more in: https://brainly.com/question/23567635
how is economy affected by wise consumers?
Consumer spending affects the economy, even a slight reduction could damage the economy.
Consumer spending is the amount of money spent by individuals and houses on the final goods or services for personal use in an economy. This includes all types of goods whether durable or non-durable goods.
When the spending is reduced by the final consumer, it would result in the following:
The demand for goods decreasesBusinesses to go bankruptWorkers laid offTaxes to reduce
The government would then have to rely on the following:
ExportsBorrowings
Ultimately, the growth of the economy would slow down. And if this continues then the economy would contract.
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what is bankaccount
Answer:
Kung san mo Tatago pera mo
Explanation:
commonsense
besides the u.s. dollar, what is the only major currency to feature bills all of the same size?
Answer:
Canadian dollar - Bills are often differentiated by size for the visually impaired. Larger denominations in Australia, for instance, are both taller and wider with strong contrasting colors. Euros also follow this logic, while larger notes – like the €200 and €500 – feature tactile marks too. The U.S. and Canadian dollars are currently the only major currencies with same-size notes. The Canadian dollar, however, features tactile marks on the upper righthand corner of bills, and the notes are also different colors to aid the visually impaired. While most other countries are ahead of the U.S. in making their currencies more accessible for the visually impaired, that may soon change with a new proposed $10 bill that would be the first U.S. dollar to feature tactile markings.
A cell phone manufacturer uses a famous pop singer to advertise its product to teenagers. The company is relying on _____ route persuasion.
true false Title VII of the Civil Rights Act prohibits job discrimination on the basis of income.
it is false that Title VII of the Civil Right Act prohibits job discrimination on the basis of income.
The Civil Rights Act (1964) is a Federal law that prohibits the discrimination of people on the basis of race, color, religion, sex etc
The Title VII of the Civil Rights Act provides that "the legislation prohibits employment discrimination based on race, color, religion, sex and national origin".The The Civil Rights Act (1964) does not proivide leglslative on the basis of Income of an individual
Therefore, it is false that Title VII of the Civil Right Act prohibits job discrimination on the basis of income.
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An initial investment of $14,000 is appreciated for 14 years in an account that earns 12% interest, compounded semiannually. Find the amount of money in the account at the end of the period.
Answer:
344
Explanation:
duh ifc! hope it helped
an employer requires a college degree to work in any position in the company. what part of title vii could apply?
Title VII is known to be against employment discrimination using race, color, religion, sex and national origin.
The part of Title VII that could apply is Disparate treatment.
Disparate treatment is simply regarded as a form of unlawful discrimination in US labor law.The United States ensure that unequal behavior toward someone because of a protected characteristic are statef under Title VII of the United States Civil Rights Act.
It is very a common type of discrimination. An example is when be an employer giving a certain job to all of the men who apply for a job but to none of the women.
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In bankruptcy, a(n) _________ is the representative of an estate and has the capacity to sue and be sued on behalf of the estate.
The administrator or executor is representative of an estate which has the capacity to sue and be sued on behalf of the estate.
In bankruptcy, the administrator or executor is the representative whose responsibilities is to possess the asset, pay creditors and distribute the remaining assets or other beneficiaries of the bankrupted company.
Usually, the administrator and executors are appointed when the bankruptcy of a business is declared and ascertained.
Therefore, the administrator or executor acts as representative of an estate which has the capacity to sue and be sued on behalf of the estate.
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which best describes how raytheon creates value for its customers?
Raytheon was known to create a customized solutions by connecting with customers directly and understanding their unique needs. The best description of how Raytheon creates value for its customers is that Raytheon offers bespoke solutions for their needs
Value creation for customers entails giving them good and essential products and services that the customers will find worthy of their time, energy and money.
A customers find value in .product or service that benefits their need rather than its cost.
To add value to customers, one must:
Offer discounts..Gratitude and gifts for cooperation.
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Which person will be least likely to have trouble getting a loan?
O A. Danielle has a credit score of 600.
B. Chris has a credit score of 650.
O C. Billie has a credit score of 690.
D. Eufrat has a credit score of 560.
The person that will least be likely to have trouble getting a loan is Billie has a credit score of 690.
What is a credit score?In a credit report, the score is usually between 300 & 850 and tells about a consumer's creditworthiness.
Because Billie has a credit score of 690, its shows the extent of his creditworthiness of credits.
Therefore, the Option C is correct.
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how did cotton cultivation transform the physical landscape of the south?
During the early nineteenth century, as the Market Revolution opens in a new window transformed the American economy of the North and West, the South was undergoing a different transformation
For nearly two centuries, southern plantations had focused on producing tobacco, rice, and sugar for national and international markets. Tobacco quickly exhausted the soil, as did cotton, which was so time consuming to process that it was hardly profitable as a cash crop. In the late 1700s, when enthusiasm for liberty was high and profits from slavery were low, some observers predicted that the institution would soon die out altogether in the United States
Incumbent firms prefer to focus on incremental innovations which reinforce their established organizational structure and power distribution and avoid radical innovation that could disrupt their existing power distribution. This is known as
Organizational inertia is simply known to be the ability or strength of an organization to create internal changes in the midst of an important external changes. This is known as Organizational inertia
An organization inertia often increase or takes place step by step in the organization's actions. The organization therefore suddenly reacts based on past experiences and strongly resists against changing.It is the ability of a mature organization to still stand on its main trajectory. This inertia is made up of two elements. They are resource rigidity and routine rigidity
Incumbent firms favor incremental innovation over radical innovation because radical innovation often obstruct or disturb the existing power distribution that takes place in the firms.
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Annual Percentage Rate (APR), credit limit, and penalties and fees are important to consider when _____.
Important factirs to consider when applying for a credit card include APR, credit limit, penalties and fees. Hence, the missing phrase should be credit card.
Credit cards allows individuals to make purchases and spend up to a certain amount and then pay later. These offer comes with regulations such as interest, limit which can be spent on the card, penalties for defaulting on payment. All these differs based on financial institutions as some are more flexible than others.Hence, the factors mentioned above should be considered when applying for a credit card.
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PLEASE HURRY-ITS AN IMPORTANT EXAM AND I'M STUCK ON THIS QUESTION THAT'S PROBABLY HONESTLY UPER EASY!!!! Self-management refers to how an individual organizes their time and work tasks so that they also have opportunities to engage in self-care.
True
False
Answer:
i think its true
Explanation:
Answer:
true
Explanation:
self meaning me myslef or I management meaning organized or put together.
the return an investor in a security receives is ______ _____ the cost of the security to the company that issued it.
Securities are known to be fungible and tradable financial tools that are employed to raise capital in public and private markets. the return an investor in a security receives is equal to the cost of the security to the company that issued it.
Three forms or types of securities exist. They are:
Equity: This type of security gives an individual ownership rights to holders.Debt: This are important loans repaid within a set payments. Hybrids: this is composed of some aspects of debt and equity.A Security is commonly described as a financial asset or tool that is of economic importance and can be bought, sold, or traded. Examples are stocks, bonds, options, mutual fund shares etc.
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how do i comment on a question
Answer:
click the three dots in to the corner then press comments.
The Big Outdoors, a specialty store that sells adventure sports gear, employs one salesperson per customer. Each salesperson is trained to influence customers to purchase other items related to the products they have purchased. In this scenario, The Big Outdoors is using ______ as its marketing strategy.
Based on the information given the Big Outdoors is using suggestion selling as its marketing strategy.
Suggestion selling is a marketing strategy that enables customers or buyers to purchase other related products or goods.
Most companies or organizations makes use of suggestion selling to increase sales and to create products awareness.
The salesperson will often use this sales technique on buyers after they might have purchased a product by suggesting more or other products to the customers that is related to the ones the customers purchased.
Inconclusion the Big Outdoors is using suggestion selling as its marketing strategy.
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Answer:
B. Suggestion Selling
Explanation:
Took the Test
A firm estimates its average total cost at 90 units of output to be $15. If the firm can sell all of its output at a market price of $5, what is its total profit
Answer:
435
Explanation:
5(90)=450-15=435
I am confused here. Help me, tomorrow is my exam. Is tailoring a secondary activity or tertiary? Bcoz a tailor also makes suits etc and also fixes them. For example if my coat has a cut, the tailor will repair it.
Hello student
Answer:
Tailor is tertiary activity of economy
Explanation:
because it makes service not manufacturing goods and items.
Assume that you pay $2,849. 84 in state property taxes every year. If your property has an assessed value of $41,302, what is your state’s property tax rate? a. 0. 077 b. 0. 032 c. 0. 014 d. 0. 069 Please select the best answer from the choices provided A B C D.
Answer:
D
Explanation:
2849/41302=.06897971014, which equals .069
When Clorox introduced bleach in a no-drip bottle, the firm was taking action consistent with its product being in the ____ stage of the product life cycle.
Answer:
maturity
Explanation:
What are the three (3) main goals for a market economy?
A. Growth, High Employment, Price Stability
B. Hight Demand, High Employment, Price Stability
C. Growth, High Demand, Price Stability
Answer:
A) Growth, High Employment, Price Stability
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