Supply will increase, and demand will decrease if the price of a popular perfume increase.
What is supply?Supply is the quantity of goods and services, a supplier is willing to supply to the market at a particular price. Suppliers are willing to sell more quantity of a good when the price increases than when the price decreases to maximize their revenue and profits.
A supplier will be willing to supply more goods if there is an increase in price of such goods.
However, the opposite is the case for a buyer whereas a buyer would reduce the quantity of goods he or she purchase due to the increase in price.
Hence, supply will increase and demand will decrease if the price of a popular perfume increase.
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Two consumers each earn $67,000 annually. One owns four motorcycles and enjoys hunting and fishing. The second plays golf weekly and drives an SUV. A marketing manager might target these two consumers as part of two different segments based on their ______.
A marketing manager might target these two consumers as part of two different segments based on their
LifestylesWhat is Lifestyle?This refers to the sum total of the activities which a person engages in that he uses to pass time or finds fun doing.
With this in mind, we can see that there are two customers who both have the same earning annually of $67,000 and they have different lifestyles as one enjoys hunting and riding motorcycles while the other prefers playing golf.
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The average wholesale price a company is charging camera retailers for its models is deemed to be competitive with the average wholesale prices of rival makers of action cameras in a particular geographic region when its average wholesale price is:.
Their average wholesale price can be said to be competitive if it is below the all-company average wholesale price in that geographic region.
When is a price considered competitive?It means that the price is better than others in the market for a certain good or services. It is lower than the average price offered by other sellers.The company is therefore charging a lower than average price which is why it is competitive with others because they will be forced to lower prices to maintain sales.
In conclusion, option A is correct.
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Marsha and Antonio make a contract in which Marsha agrees to sell Antonio an expensive and rare piece of art. In the contract, Marsha states that she has the authority to enter into an agreement with Antonio, that she owns the piece of art, and that the art is authentic and not a forgery. These statements are examples of: ______________
a. covenants.
b. representations and warranties.
c. choice of law provisions.
d. riders.
Marsha and Antonio's statements are examples of representations and warranties, as in a contract for the purchase and sale of a work of art there must be agreements that protect and benefit the parties.
Features of a contractCorresponds to a formal and consensual document that must be based on legality to identify an economic transaction between two or more parties, establishing the rights and obligations of both.
Therefore, for it to be valid, the parties must be in full capacity and competence, in addition to the need for autonomy of will, the obligation and supremacy of public order.
The correct answer is:
B. Representations and warranties
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True or False: Generally, companies with higher EPS growth rates tend to have higher Price to Earnings ratios. Group of answer choices True False
Answer:
true
Explanation:
Anna's job pays $10 per hour, and she works 40 hours per week. Her tax rate is 20 percent. Assuming she works 50 weeks per year, the amount she will pay in taxes is $4,000 $14,000 $20,000 $30,000
An economic system based on the private ownership of property in which profit is pursued through the investment of capital and the employment of labor is called ___ .
Answer: It would be Capitalism
Explanation:Capitalism is an economic system based on the private ownership of the means of production and its profit-oriented operation. Central characteristics of capitalism include capital accumulation, competitive markets, pricing systems, private property, property rights approval, voluntary exchange, and wage labor.
One objective of export tariffs is to:___________
a) abide by the rules enforced by the WTO.
b) curb the competition offered by foreign firms to domestic firms.
c) reduce exports from a sector to ensure a
One of the objectives that export tariffs are imposed for is to c) reduce exports from a sector.
Why would exports need to be curbed?A government's first and foremost purpose is to protect its citizens and this includes ensuring that resources are available to do so.
If a resource is in short supply in a country and there is a need to protect its supply, the government would impose export tariffs to reduce the export of that good for the benefit of the local market.
In conclusion, option C is correct.
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Identify the three components of retained earnings.
The three components of retained earnings are
Net Income DividendsReinvestmentHow is this so?1. Net Income - It represents the profits earned by a company during a specific period after deducting all expenses, taxes, and dividends.
2. Dividends - It refers to the portion of earnings distributed to shareholders as a return on their investment in the company. Dividends are typically paid out of retained earnings.
3. Retained Earnings - It is the portion of net income that is retained or kept within the company for reinvestment in business operations, expansion, or to strengthen the financial position of the company.
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________ is probably the most widely used of the many pricing methods available. a. Prestige pricing b. Skimming c. Partitioned pricing d. Markup pricing
Answer: your answer is Markup pricing.
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What is one of the benefits of pursuing a differentiation strategy when it comes to the power of suppliers
One of the benefits of pursuing a differentiation strategy when it comes to the power of suppliers is that it results in costs that increase above acceptable thresholds.
What is differentiation strategy?Differentiation strategy are strategies employed by businesses to distinguish their product from competitors. The aim of differentiation strategy is to create brand loyalty among customers.
The advantage of differentiation strategy is that it enabled increase in the perceived value of goods and services so that customers will pay a higher price for additional features.
Hence, product differentiation results in costs that increase above acceptable thresholds.
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How is having a security system for your home a risk management strategy?.
Answer:
because people will be listening in on your convo
help help help help
Based on the different types of compensation and their determination, the following are true:
Wages - Paid by the Hour - Sarah's direct deposit. Commission - A percentage of sales - Lucinda's percentage. Salary - Calculated weekly or monthly - Frank's overtime pay. Bonuses - For performance - Janet's Low Sales. Profit sharing - Based on Co. earnings - Robert's year end reward.Types of compensationWages are calculated by the hour and then paid to the relevant employee sometimes in cash or by direct debit. Commissions are a percentage of sales.
Salaries are calculate monthly or weekly and include overtime. Bonuses are based on performance so people who don't perform well don't get much. Profit sharing depends on how much a company makes in a year and are distributed at the end of the year.
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First Rentals purchased office supplies on credit. The general journal entry made by First Rentals will include a:
The general journal entry made by First Rentals on purchase of office supplies on credit will include a Credit to Accounts Payable.
How are office supplies on credit recorded?Office supplies on credit means office supplies bought on credit by the firm.
In conclusion, the general journal entry made by First Rentals on purchase of office supplies on credit will include a Credit to Accounts Payable.
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A company whose HR practices result in the greatest good for the largest amount of people, respect basic human rights, and treat employees and customer equitably and fairly have practices that are considered to be ______. Multiple choice question. free from due process sustainable ethical in good conscience
When HR practices lead to human rights being respected and the greatest good being experienced by the largest amount of people, this is Ethical.
What is Ethical Human Resource management?This refers to implementing HR practices that will bring about basic respect for humanity.
For this to happen, the practices need to be fair, equitable, support human rights, and result in the greatest amount of good for a large group of people.
In conclusion, option C is correct.
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Due to a recession, the Acme Global Corporation has a labor surplus. It wants to find a way to reduce the surplus while both being fair to employees and being ready to respond to increased demand when the recession is over. Its best method for dealing with its surplus would be _______. Group of answer choices a. job sharing b. early retirement c. hiring freezes d. natural attrition e. skill increases
The best method Acme Global Corporation can use to deal with the labour surplus is job sharing.
What is a recession?
A recession is when the gross domestic product of an economy has been negative for four consecutive quarters. During a recession, there is depressed economic activities. As a result, there would a labor surplus.
One of the ways to deal with this labor surplus is to share the available jobs among available labor.
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In head-to-head positioning a company positions its product to compete directly against competitor's products, while ________ positioning allows for more indirect competition.
Answer: differentiation
In head-to-head positioning a company positions its product to compete directly against competitor's products, while differentiation positioning allows for more indirect competition.
What is company's website?The website of the company has all web sites which has been operated by any occupied company or via any occupied company conducts the business. Any business website has a website that has been designed in such a way that it can represent the identity of a business on the internet.In head-to-head positioning a company positions its product to compete directly against competitor's products, while differentiation positioning allows for more indirect competition.
Company's name and fame id totally depends upon advertisement and its products and websites play an important role in order to make company popular and due to this reason company used the website or designed the website in unique and knowledgeable manner.
Therefore, In head-to-head positioning a company positions its product to compete directly against competitor's products, while differentiation positioning allows for more indirect competition.
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The Demand for Digital Movies. If the price of online movies increases from $6 to $8, total revenue _____, which means that demand is _____.
If the price of online movies increases from $6 to $8, total revenue increases, which means that demand is increases.
What is price elasticity of demand?The price elasticity of demand is known to be the percentage change that takes place when the quantity demanded of a good or service is said to be divided by the percentage change in the price.
The price elasticity of supply is known to be the percentage change in quantity that is supplied and it is divided by the percentage change in price of the commodity.
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When attempting to evaluate the worthiness of a corporate level strategy, one would consider whether the:
There are different corporate level strategy. In finding out the worthiness of a corporate level strategy, one must know;
The businesses in the portfolio are worth more under the management of the company in question than they would be under any other ownership.What is Corporate Level Strategies?Corporate-level strategy is known to be a kind of process used to gain a kind of competitive advantage via the selection and management of different compositions of businesses competing in different industries or product markets.
Corporate strategies are known to be often expected to help the company to earn an above- average kind of profits and forms value for its shareholders.
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When attempting to evaluate the worthiness of a corporate level strategy, one would consider whether the:
-corporation earns a great deal of money.
-top management team is satisfied with the corporation's performance.
-businesses in the portfolio are worth more under the management of the company in question than they would be under any other ownership.
-businesses in the portfolio increase the firm's financial returns.
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According to the video, which of these restaurant workers have the most skills, training, and responsibilities?
Cooks
Chefs
Food Preparation Workers
Waiters
Answer:
chefs
Explanation:
chefs
What role do banks play in saving and investing?
Real estate brokers encourage investing in bank property.
Banks offer simple and low-risk savings options.
Major corporations are tied to the strongest banks.
Investors rely on banks for selling shares of corporations.
The role which banks play in saving and investing is:
Banks offer simple and low-risk savings options.What is a Bank?This refers to a financial institution which is responsible for saving and lending of money to individuals and corporations, amongst other financial options.
With this in mind and from the available choices, we can see that the correct answer is that the role which banks play in saving and investing is that they offer simple and low-risk savings options.
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How can the stages of production be used to determine the most profitable number of workers to hire?.
The beginning of Stage III of production is when managers can determine the most profitable number of workers to hire.
What is Production?Production refers to the transformation of raw materials into finished goods as well as delivery them to the final consumers.
The three stage of production includes:
Primary stage: This involves extraction or derivation of raw materials from land, sea, mines etcSecondary stage: This involves manufacturing of raw materials into finished goodsTertiary stage: This involves the commercial services that support the production and distribution process,Now, since in short run. the labor is the factor that can only be increase to influenced output, then, the
In conclusion, the beginning of Stage III of production is when the managers can determine the most profitable number of workers to hire.
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Cintas serves Fidelity Investment offices throughout the United States with first aid cabinets that are stocked with bandages, ointments, burn care, and single-dose tablets for pain relief. Fidelity can manage its orders through a personalized company website. The office manager at one Fidelity location logs in to the website and places their usual order. This is an example of a _______.
a. revised buy.
b. modified rebuy
c. new buy.
d. straight rebuy.
This above scenario is an example of a modified rebuy.
What is a modified buying decision?The modified rebuy is known to be a term that connote a business buying scenario in which the buyer is known to wants to change product specifications, prices, terms, or suppliers.
It is known as a buying situation where people or organization buys goods that have been purchased before but alters either the supplier or other element.
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Yahoo! recently eliminated _________ despite its many advantages because it was perceived as undermining corporate culture.
For a product that has a large economic value, a firm can choose to charge the same price as competitors in order to ______. Multiple choice question. increase return on invested capital maximize profit gain market share cover opportunity costs
In order to gain market share, some a firm whose product that has a large economic value do decides to charge the same price as competitors.
What is a market share?A market share refers to an industry percentage that is earned by a particular company over a specified time
In conclusion, some firm whose product that has a large economic value charges the same price as competitors In order to gain market share.
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What is purchasing power?
The amount of money someone wins.
The number of items someone is allowed to buy.
How fast someone can earn money.
What an individual can buy in terms of goods and services.
Answer:
What an individual can buy in terms of goods and services.
Explanation:
Purchasing power is the ability of a person to be able to buy goods or services
Each of the following items would drive the need for layout planning except ______.
a) unspent annual budget at the end of the year
b) changes in volume or mix of outputs environmental or legal requirements
c) change designing new facilities accidents or safety hazards discovered
If a media company wants information on consumers' television viewing habits, it can purchase reports compiled by commercial research firms such as Nielsen. This is an example of ______ data.
If a media company wants information on consumers' television viewing habits. This is an example of syndicated data.
What is syndicated data?Syndicated data can be defined as a data that is purchased by customers who has interest in the market from commercial research firm.
This simply means customers or client can have access to the data after being purchase from commercial research firm.
Hence, this market data is not limited to one customer.
Inconclusion If a media company wants information on consumers' television viewing habits. This is an example of syndicated data.
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Customer response time is: A. the time taken for value to be placed on a company's products by customers. B. the time taken for development of a new process for producing products and delivering them to customers. C. the time taken for given inputs to be converted into an output. D. the time taken for development of products that have superior attributes to existing products. E. the time taken for a good to be delivered or a service to be performed.
There are ways to treat a customer. Customer response time is the time taken for a good to be delivered or a service to be performed.
What is Customer response time?Customer response time is known to be the timeframe or period between the placement of a said order and the date of the delivery goods or services.
It is also known as the time between when a customer is said to makes a certain inquiry about a specific product or make a purchase of good or service and when it is said to be received by the customer.
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Do you think you can live 30 days with $1,000? Explain
Answer:
Well, what's the situation do I have a place to stay? or am I just out in the wild? But anyway,
yes, I do think you can survive if you use the money wisely along with using your surroundings to your advantage.
Explanation:
What is promotional Mix? And how does it benefit the customers?:
Answer:
In marketing, the promotional mix describes a blend of promotional variables chosen by marketers to help a firm reach its goals. and it Improves communication with clients.
Explanation:
hope this helps
Answer:
The promotion mix is the blend of different methods and tools of communication you use in presenting your company, products or services to target customers. Effective promotion is a key component of the marketing mix, as it is the element that helps you attract customers, persuade them to buy, and generate loyalty.
A promotion mix is a key method for delivering a relevant promotion message via the most suitable channel for each segment. Improves communication with clients. Companies develop a promotion mix trying to speak their consumers' language. If prepared correctly, it helps build trust between the brand and its customers.
Explanation:
hope this helps i did my research