A customer's incentive to purchase is equal to: Group of answer choices true economic value (TEV) minus product price perceived value (PV) minus price product price minus cost of goods sold true economic value (TEV) minus costs of goods sold
Answers
A customer's incentive to purchase a product can be calculated as the true economic value (TEV) minus the product price. (Option A)
A customer's incentive to purchase a product is equal to the perceived value (PV) of the product minus its price. Perceived value is the value that a customer places on a product based on its benefits and features. It is important for companies to ensure that the perceived value of their product is higher than the price they charge for it, as this creates a positive incentive for customers to purchase the product.
However, it is important to note that perceived value is not the only factor that influences a customer's incentive to purchase a product. The true economic value (TEV) of the product also plays a crucial role. True economic value is the value that a product provides to the customer, taking into account not just its benefits and features, but also the cost of producing it and the opportunity cost of not choosing alternative products.
Therefore, a customer's incentive to purchase a product can be calculated as the true economic value (TEV) minus the product price. This formula takes into account both the perceived value and the cost of producing the product. It ensures that customers are incentivized to purchase products that provide them with high value for money, while also ensuring that companies can generate profits from the sale of their products.
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Related Questions
Which of the following is NOT affected by marketing?
A. The locations you shop
B. The items you purchase
C. The product regulations
D. The use of the products
Answers
Answer:
D, The use of products.
The use of the products is not affected by marketing. Thus, option D is appropriate.
Marketing describes the actions a business takes to encourage the purchase or sale of a good or service. Advertising, selling, and delivering goods to customers or other firms are all included in marketing. Affiliates perform some marketing on behalf of businesses.
Marketing is the procedure of discovering, developing, and providing value to satisfy a target market's needs in terms of products and services, which may also involve choosing a target audience. The process of developing, communicating, delivering, and trading offerings that are valuable to customers, clients, partners, and society at large collectively is known as marketing.
Thus, option D is correct.
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In the context of the input component of a data warehouse, _____ collect, integrate, and process data that can be used by all functional areas in an organization.
Answers
Enterprise resource planning system collect, integrate, and process data that can be used by all functional areas in an organization.
DBMS software consists of those component Database engine: heart of DBMS software. responsible for statistics garage, manipulation, and retrieval.
Production aid making plans is an incorporated information system used by organizations. manufacturing useful resource planning developed from early substances Requirement planning structures by including the mixing of extra statistics, consisting of worker and economic needs.
There are approaches to acquire demographic information and pair them along with your survey facts: Pull demographics already gathered via an inner gadget Human aid data Ask employees to self file them. The software program additives of a control information gadget include enter, output, and reminiscence devices.
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Linda, the listing broker, is planning to forward her commission claim to the closing agent for a commercial property. the owner refuses to pay commission. the property has a value of $1,000,000 and linda's commission is 7% of it. the owner had taken out $1,125,000 in mortgages on the property. can linda recover her commission?
Answers
Linda can still recover her commission because, the property value is $1,000,000 of which her commission is 7% or $70,000. The amount that is left after the property is mortgaged is enough for Linda's commission.
What is commission?It is a payment made to a representative or employee for carrying out a task or rendering a service. A portion of the money collected from the total amount paid to the agent in charge of the business makes up the majority of it. For each automobile he sells, he receives a commission.
Value of the property = $1,000,000
Amount of Linda's commission = $1,000,000× 7% = $70,000
Amount taken out for mortgage = $1,125,000
Amount left = $1,125,000- $1,000,000 = $125,000
Therefore, Linda can recover her commission.
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YO CAN YALL SEND HELP MY BRAIN ISNT WORKING TODAY
Which of the following statements are true of hacking? Check all of the boxes that apply.
-It is the practice of cutting network cables to damage a network infrastructure.
-It is the practice of finding weaknesses in a computer or computer network.
-It is always illegal.
-It is sometimes practiced by network security professionals.
Answers
Answer:
B and D
Explanation:
The statements true of hacking are
It is the practice of finding weaknesses in a computer or computer network.It is sometimes practiced by network security professionals.What is hacking?Computer hackers who are motivated by monetary gain engage in illegal conduct when they attempt to attack digital equipment like computers. This is known as hacking.
They start experimenting with different applications while they look for online instruction. Due to their inexperience and potential for initial perception as little more than an internet troll or beginner.
As opposed to building security systems, breaching them involves greater knowledge and skill. Hackers cannot be neatly grouped together according to any absolute standards in order to gain confidential information.
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Christy was excited to purchase a Bluetooth wireless speaker. She brought her purchase home and is now using it for the first time. What acronym represents where Christy is at in the purchase process
Answers
The acronym that represents where Christy is at in the purchase process is OOTB, which stands for "out of the box".
This means that she has taken the speaker out of its packaging and is now using it for the first time. The detailed answer is that OOTB is a common term used in the technology industry to refer to a product that has just been purchased and taken out of its packaging. It signifies the initial use of the product, and in this case, the Bluetooth wireless speaker that Christy has purchased. It is a moment of excitement for consumers as they finally get to use the product they have been waiting for. So, OOTB represents the beginning of the customer experience with the product.
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Juan budgeted $300 for his upcoming vacation. In reality, he ended
up spending $550. What type of variance does this represent?
1. An unfavorable variance of $300
2. A favorable variance of $250
3.An unfavorable variance of $250
4. A favorable variance of $550
Answers
Answer:
3
Explanation:
an unfavorable varience of 250 because he went over his 300 he saved properly
According to this statement Juan end with an unfavorable variance of $550 budget.
What is unfavorable variance?A set of budget is a future of revenue and expenses, including fixed costs as well as variable costs. These budgets are important to corporations because it helps them plan for the future by projecting how much revenue is expected to be generated from sales.
So that companies can plan how much to spend on various projects or investments in the company.
Companies create sales budgets, which expects or forecast that how many new customers for new products and services are going to be sold by the sales staff in the upcoming months.
From there, companies can determine the revenue that will be generated and the costs needed to bring in those sales and deliver on those products and services.
Eventually, the company can project its income or profit after subtracting all of the fixed and variable costs from total revenue. If the net income is less than their expectations , the company has an unfavorable variance.
In other words, the company hasn't generated as much profit as they had hoped. However, an unfavorable variance doesn't necessarily mean the company took a loss. Instead, it merely means that the net income was lower than the forecasted projections for the period.
What is budget?A budget is an estimation of revenue and expenses over a specified future period of time and is usually compiled and re-evaluated on a periodic basis.
Budgets can be made for a person, a group of people, a business, a government, or just about anything else that makes and spends money.
A budget is a microeconomic concept that shows the trade-off made when one good is exchanged for another.
In terms of the bottom line—or the end result of this trade-off—a excessive budget means profits are anticipated, a balanced budget means revenues are expected to equal expenses, and a low budget means expenses will exceed revenues.
What is end?An end is a conclusion or a last part of a long object. To end is to cease. The word end has many other senses as a verb, noun, and adjective and is used in several idioms.
End is a very general word that means a conclusion or a part that is near the conclusion.
For example, the end of the summer is the exact moment that it stops being summer, while the end of a movie is the last scene or even the last act. End is often used figuratively to mean death, which is the end of a person’s life.
Hence, option D is the correct answer
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Honesty is an example of a value.
True
False
Answers
Answer:
True
Explanation:
Honesty is a value
:)
Answer: true, personally not sure if this is for edge or not
Explanation:
yeah
Identify the three major financial statements prepared by the not-for-profit organization Goodwill. What’s the key difference between assets and liabilities?
Answers
Goodwill, as a not-for-profit organization, prepares three major financial statements: the statement of financial position (also known as the balance sheet), the statement of activities (also known as the income statement), and the statement of cash flows.
The statement of financial position reports the organization's assets, liabilities, and net assets. Assets are economic resources that the organization owns or controls and has the potential to provide future economic benefits. Liabilities, on the other hand, are obligations that the organization owes to others and require the future sacrifice of economic resources.
The key difference between assets and liabilities is that assets represent what the organization owns or controls, while liabilities represent what the organization owes to others. Assets are typically categorized as current or non-current, depending on how long the organization expects to use them. Current assets are those that are expected to be used or turned into cash within one year, while non-current assets are expected to provide economic benefits beyond one year.
Liabilities are also categorized as current or non-current, based on when they are expected to be paid. Current liabilities are those that are due within one year, while non-current liabilities are those that will be paid over a longer period of time. In summary, assets represent what an organization owns or controls and have the potential to provide future economic benefits, while liabilities represent what the organization owes to others and require future economic sacrifices.
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The Magnuson-Moss ______ Act directs manufacturers and sellers to detail the service coverage, terms, and exclusions on products.
Answers
Answer: Warrantly
directs manufacturers and sellers to detail the service coverage, terms, and exclusions on products.
First, we need to figure out how much you want to borrow. You said you wanted to spend $5,000, and you will put $500 down. Based on that, we can estimate your taxes to be $340. Put those numbers into the calculator and press calculate to see how much money you will need for your loan.
Answers
"$4840" will be the total amount for the loan.
To "borrow" a thing means to use it with the purpose of giving it back. "Loan" is a word that can refer to either the act of giving anything to anyone or a number of funds it must be repaid with interest. That basically implies you can't say you're "borrowing" anything from anyone.
From the information that is provided:
Money that is spent = $5000
Down payment made = $500
The amount of taxes = $340
The total amount for the loan that is taken is
= 5000 - 500 +340
= $4840
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if you are looking for a vacation near Deep Creek Lake, MD then check this out. its really nice :)
Answers
HELP TAKING TEST!! Suppose you are a treatment specialist and desire additional training and certification. What would the best avenue for you to
obtain this?
O counselor certification
O specialist certification
O therapist certification
O crisis certification
Answers
what is the demand for march using four month weighted moving average with weights of, 0.4, 0.3, 0.2, and 0.1?
Answers
A weighted moving average is a forecasting technique assigns weights to historical data points most recent data point given the highest weight.
The weights are chosen based on their relative importance in predicting the future values of the time series.To calculate the four-month weighted moving average for the demand in March, we need the demand data for the previous four months, as well as the weights for each month. Let's assume that we have the following demand data:December: 100 units
January: 120 units
February: 130 units
March: unknown
To calculate the four-month weighted moving average, we use the formula:Demand for March = (0.4 * February) + (0.3 * January) + (0.2 * December) + (0.1 * previous three-month average)We know the demand data for December, January, and February, so we can substitute those values into the formula:Demand for March = (0.4 * 130) + (0.3 * 120) + (0.2 * 100) + (0.1 * previous three-month averageTherefore, the four-month weighted moving average forecast for the demand in March is 120.67 units.
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Skysong Company is considering two capital investment proposals. Estimates regarding each project are provided below: Project Soup Project Nuts Initial investment $400000 $600000 Annual net income 18000 34000 Net annual cash inflow 96000 119000 Estimated useful life 5 years 6 years Salvage value 0 0 The company requires a 10% rate of return on all new investments. Present Value of an Annuity of 1 Periods 9% 10% 11% 12% 5 3.89 3.791 3.696 3.605 6 4.486 4.355 4.231 4.111 The annual rate of return for Project Soup is
Answers
Answer:
20%
Explanation:
Calculation to determine The annual rate of return for Project Soup is
Annual rate of return = [(Current Value of Investment - Initial Investment for one year )/Initial Investment for one year )]*100
Let plug in the formula
Annual rate of return= (($96000 - $80000) / $80000) * 100
Annual rate of return= ($16000 / $80000) *100
Annual rate of return= 20%
Workings:
Calculation to determine the Initial Investment for one year
Initial Investment for one year = $400000 / 5 year
Initial Investment for one year = $80000
Therefore The annual rate of return for Project Soup is 20%
Suppose all firms follow similar financing policies, face similar risks, have equal access to capital, and operate in competitive product and capital markets. However, firms face different operating conditions because, for example, the grocery store industry is different from the airline industry. Under these conditions, firms with high profit margins will tend to have high asset turnover ratios, and firms with low profit margins will tend to have low turnover ratios.
a. True
b. False
Answers
crm predicting technologies help organizations predict customer behavior, such as which customers are at risk of leaving. group of answer choices true false
Answers
The statement "CRM predicting technologies help organizations predict customer behavior, such as which customers are at risk of leaving" is true.
Customer Relationship Management (CRM) predicting technologies use data mining, machine learning, and other analytical techniques to analyze customer data and identify patterns and trends in customer behavior.
These technologies can help organizations predict customer behavior, such as which customers are at risk of leaving, which customers are most likely to buy a certain product or service, and which customers are most likely to respond to a marketing campaign.
By identifying these patterns and trends, organizations can take proactive measures to retain customers and improve customer satisfaction.
For example, an organization may use CRM predicting technologies to identify customers who are at risk of leaving and offer them targeted promotions or discounts to encourage them to stay.
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Assume you are an analyst monitoring Okello stock. Which one of the following would be reflected in Okello's expected return?
A. This morning Okello confirmed that, as expected, the CFO is retiring at the end of the year.
B. The price of Okello stock suddenly declined in value because researchers accidentally discovered that one of the firm's products can be toxic to household pets.
C. The labor union representing Okello's employees unexpectedly called a strike.
D. The chief financial officer of Okello unexpectedly resigned.
Answers
The correct answer is:
B. The price of Okello stock suddenly declined in value because researchers accidentally discovered that one of the firm's products can be toxic to household pets.
The expected return of a stock is influenced by various factors, including changes in the company's financial performance, market conditions, and relevant news or events. Option B reflects a significant event that directly impacts the company's value and prospects. The discovery that one of Okello's products can be toxic to household pets can lead to negative consequences such as product recalls, legal liabilities, loss of customer trust, and potential financial repercussions. As a result, the price of Okello stock declining reflects this negative news, which can affect the expected return for investors.
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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
Telecommuting can be BEST described as
A. using telephones to market products
B. travelling between home and the traditional office
C. establishing a communication link between companies
D. working from a remote location outside of a traditional office
Answers
Answer:
using telephones to market products.
21. Which of the following goods has elastic demand?
a. Tobacco
b. Table salt
c. diet coke
d. toothpaste
Answers
Answer:
tobacco
Explanation:
When choosing a marketing channel or interme... When choosing a marketing channel or intermediary. It is important to ask several key questions, including which of these? Multiple Choice Who is responsible for negotiating the channel or intermediary contracts? How many of the firm's competitors will be using the same channel? Which channel and intermediaries we best stay the grequirements of the target market? How long have the channel members and intermediaries been in business?
Answers
All the option regarding marketing channel or interme is correct.
What is marketing channel?A marketing channel is a set of activities and processes used by businesses to promote and market their products and services to customers. This includes a wide variety of activities such as research, advertising, promotion, sales, pricing, distribution, and customer service. It is a way for companies to connect with their target audience, build relationships with customers, and increase sales. The marketing channel consists of all the actors and activities involved in the process of getting a product or service from the producer to the customer. This includes the physical and virtual flow of information, goods and services from the producer to the customer. As such, it is important for businesses to understand how their marketing channels work and how they can use them to their advantage.
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Now suppose that Rowe has an argument with her husband and wants to withdraw, and what effect would it have on the LLC?
Answers
A limited liability business enterprise (LLC) is a business structure allowed with the aid of state statutes. every nation might also use exclusive guidelines, you should check with your nation if you are interested in beginning a constrained legal responsibility enterprise. proprietors of an LLC are called contributors
The nation of Oklahoma, like almost every different nation, has an agency earnings tax. In Oklahoma, the corporate tax is a flat 6% of Oklahoma taxable profits. if your LLC is taxed as an employer you may need to pay this tax. The kingdom's company income tax goes back (shape 512) and is filed with the Oklahoma Tax fee.
To begin an Oklahoma LLC you may want to record the Articles of a corporation with the Oklahoma Secretary of state, which costs $one hundred. you could practice online, by way of mail, or in character. The Articles of the corporation is the felony record that officially creates your Oklahoma limited legal responsibility employer.3 days in the past.
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3. What could be done for the ratio(s) that were not favorable to the nursery that you chose? (5 pts)
Answers
The science and practice of nursery management can be improved by choosing the right use of soil, fertilizers, nutrients and supply of clean water.
What is nutrient management?Nutrient management is the process of matching a particular crop management conditions, field soil, and climate condition to the 4R nutrients.
The 4R nutrients are
RatePlaceSourceTimingHow to improve the unfavourable ratio?
To answer this question, we make use of soil and nutrients management as a ratio to improve the nursery.
It follows that using the right soil in planting a particular type of crops helps to reduce some negative result or unfavourable condition which stands to impede economic growth.
The correct use and adequate supply of fertilizers can help to provide a favourable condition in the nursery.
In nursery production, employing clean water can go a very way to help improve the quality of these nursery lives and management as contaminated water reduces the productivity of the nursery.
In conclusion, we can now confirm that when we introduce the right measures in the nursery practice such as soil and nutrients management, it can help improve the ratios of the nursery.
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Complete question:
What could be done to improve the practice of nursery management that you chose
If a bank benefits when a foreign currency declines in value, then the bank must be in a __________ position. The term below that correctly fills in the blank in the preceding sentence is: Group of answer choices
Answers
As a producer, you are willing to supply the most goods at the highest price. This is because the highest
price earns you the
most demand
highest costs
most profits
Answers
Answer: most profits
Explanation:
What system did merchants in early centuries use to make commercial transactions easier
Answers
In the early centuries, merchants made use of the Mercantilism system for commercial transactions.
What is Mercantilism?In simple terms, it is an economic theory and practice known as "mercantilism," which was prevalent in Europe from the 16th to the 18th century.
Mercantilism advocated governmental regulation of a country's economy with the goal of enhancing state power at the expense of competing for national powers.
According to the theory, a strong nation should have a sizable population because a sizable population would offer a supply of labor, a market, and soldiers.
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
Answers
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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identify the value of the fixed cost
Answers
Answer: Take your total cost of production and subtract your variable costs multiplied by the number of units you produced. This will give you your total fixed cost. You can use this fixed cost formula to help.
Explanation:
mint cleaning incorporated prepared the following unadjusted trial balance at the end of its second year of operations ending december 31. (assume amounts are reported in thousands of dollars.) account titles debit credit cash $38 accounts receivable 9 prepaid insurance 6 equipment 80 accumulated depreciation $0 accounts payable 9 salaries and wages payable 0 income tax payable 0 common stock 76 retained earnings 4 sales revenue 80 insurance expense 0 salaries and wages expense 10 supplies expense 26 income tax expense 0 totals $169 $169 other data not yet recorded at december 31: insurance expired during the year, $5. depreciation expense for the year, $4. salaries and wages payable, $7. income tax expense, $9. by what amount would net income have been understated or overstated had the adjusting journal entries not been recorded? (enter your answers in thousands of dollars.)
Answers
The recorded net income of $4 (as shown in the trial balance) has been understated by $12 ($16 - $4).
How do you determine the impact of not recording adjusting journal entries on net income?To determine the impact of not recording adjusting journal entries on net income, we need to find the difference between the recorded net income and the adjusted net income.
To calculate the adjusted net income, we first need to make the adjusting journal entries:
Insurance expense:
Debit: Insurance expense, $5
Credit: Prepaid insurance, $5
Depreciation expense:
Debit: Depreciation expense, $4
Credit: Accumulated depreciation, $4
Salaries and wages payable:
Debit: Salaries and wages payable, $7
Credit: Salaries and wages expense, $7
Income tax expense:
Debit: Income tax expense, $9
Credit: Income tax payable, $9
After making these adjusting entries, we can calculate the adjusted net income:
Sales revenue: $80
Less: Salaries and wages expense: $10
Less: Supplies expense: $26
Less: Insurance expense: $5
Less: Depreciation expense: $4
Less: Income tax expense: $9
Net income: $16
So, the recorded net income of $4 (as shown in the trial balance) has been understated by $12 ($16 - $4).
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The emphasis of the Second New Deal was on a.economic recovery, creating government programs to address the immediate needs of the unemployed. b.protecting the rights of businesses, especially small businesses. c.economic security, in an effort to protect Americans against poverty and unemployment. d.civil rights for African-Americans.
Answers
The correct answer is A) economic recovery, creating government programs to address the immediate needs of the unemployed.
The emphasis of the Second New Deal was on economic recovery, creating government programs to address the immediate needs of the unemployed.
The Second New Deal included new programs to extend federal aid and stimulate the nation's economy, such as the Rural Electrification Administration.
In the decade of 1930s, rural America had no electricity and clear water. The Rural Electrification Administration hired Lester Beall, a graphic designer that created a series of posters describing the benefits of electrification for the communities.
Another example is President Roosevelt’s works progress administration of 1935 that considered many infrastructure programs for the benefit of the U.S. citizens. He also considered the Federal Project Number One. This was a program aimed to help writers, musicians, and artists. Roosevelt aimed to get jobs for these people in order to entertain the American citizens during those difficult times.