a data mining technique that has proven especially useful in helping salespeople increase sales through cross-selling is called __________.
Answers
A data mining technique that has proven especially useful in helping salespeople increase sales through cross-selling is called "association rule mining."
Association rule mining is a method used to discover interesting relationships or associations between variables or items in large datasets. It is commonly applied in market basket analysis, where the goal is to identify patterns and correlations between products that are frequently purchased together.
In the context of sales and cross-selling, association rule mining can uncover patterns such as "Customers who buy product A are likely to also buy product B." These associations can be used by salespeople to make targeted recommendations or promotions, suggesting complementary products to customers based on their previous purchasing patterns.
By leveraging association rule mining, salespeople can effectively identify cross-selling opportunities, optimize product recommendations, and enhance customer satisfaction and loyalty.
To learn more about data mining techniques and their applications, you can visit brainly.com/question/28137140
#SPJ11.
Related Questions
What is the guideline amount for an emergency fund
Answers
Answer:
While the size of your emergency fund will vary depending on your lifestyle, monthly costs, income, and dependents, the rule of thumb is to put away at least three to six months' worth of expenses.
Explanation:
While the size of your emergency fund will vary depending on your lifestyle, monthly costs, income, and dependents, the rule of thumb is to put away at least three to six months' worth of expenses.
the text describes the new english east india company, which entered the asian marketplace in 1599. how was this trading venture funded, and why were its supporters willing to finance it?
Answers
The English East India Company was owned by 101 shareholders who liked the fact that the English gov't allowed only their company to import goods.
What is import with reference to business?
An export from the sending country is an import into the receiving nation. The two financial operations that best describe international commerce are import and export.
Import quotas and orders from the customs authorities' set limits on how much merchandise may be imported and exported in international trade. The countries responsible for importing and exporting the commodities may apply a tariff (tax) on them. Additionally, trade agreements between the importing and exporting states govern the importation and exportation of commodities.
Imports are transactions in which non-residents sell products and services to a resident of a jurisdiction (such as a country).
[4] Specific "borderline" situations are both included and excluded from the precise definition of imports in national accounts.
To study more about import
https://brainly.com/question/28117846
#SPJ4
An Engineer plans to retire on the day he turns 60-year old. To address his retirement, he wants to set aside the same amount of funds each year for the next 10 years - starting next year- so that he will be able to withdraw $77127 per year for 20 years once he retires, with the 1st withdrawal on his 61st birthday. The Engineer is 30 years old today. How much must he set aside each year for his retirement if he can earn 17% on his funds?
Answers
The engineer must set aside $22,147.35 each year for his retirement.
In order to be able to withdraw $77127 per year for 20 years once he retires, with the first withdrawal on his 61st birthday, the engineer must set aside $77127 for 20 years.
Since he wants to save the same amount of funds each year for the next 10 years - starting next year- he will be able to withdraw $77127 per year for 20 years once he retires.
Thus, the amount that the Engineer needs to accumulate for his retirement can be calculated using the following formula:
Present Value = (Annual Withdrawal * ((1 - (1 + Rate)^-n)) / Rate)
Here, Annual Withdrawal = $77127,
Rate = 17% and n = 20
Therefore,
Present Value\(= ($77127 * ((1 - (1 + 0.17)^-20)) / 0.17)\)
= $580,803.96
This is the amount that the Engineer needs to accumulate for his retirement. Since he wants to set aside the same amount of funds each year for the next 10 years - starting next year- the payments will form an annuity.
Therefore, the amount he needs to set aside each year for his retirement can be calculated using the following formula:
Payment = Present Value / \(((1 - (1 + Rate)^-n) / Rate)\)
= \(580,803.96 / ((1 - (1 + 0.17)^-10) / 0.17)\)
= $22,147.35
Know more about the Present Value
https://brainly.com/question/15904086
#SPJ11
Transforming the organization so it is aligned with the execution of the chosen corporate business strategy is:_____.
Answers
Transforming the organization so it is aligned with the execution of the chosen corporate business strategy is referred to as ORGANIZATIONAL ALIGNMENT.
Ensuring that an organization's structure, processes, systems, culture, and resources are in line with and supportive of the chosen corporate business plan is known as organisational alignment. It seeks to establish a unified and integrated structure in which every aspect of the organisation contributes to the achievement of the same strategic aims.
The many departments, teams, and individuals within the organisation can coordinate their efforts, make wise judgements, and cooperate towards the common strategic objective by attaining organisational alignment. The organization's capacity to respond to market changes, exploit opportunities, and successfully navigate obstacles is improved by this alignment.
To know more about business strategy:
https://brainly.com/question/30886069
#SPJ4
As a sales manager for GooGooLi Corporation, you have asked your sales analytics team to provide you with a predictive model of the factors that can help you predict the sales for the next quarter. In the report, your sales analytics experts have developed a new regression model that can explain the variation in quarterly sales better than the previous model. You decide to verify this by comparing the results of the new model (that explains sales variation better) with the older model. You expect to see the ________ for new model to be _________ than the old model.
Answers
Answer:
As a sales manager for GooGooLi Corporation, you have asked your sales analytics team to provide you with a predictive model of the factors that can help you predict the sales for the next quarter. In the report, your sales analytics experts have developed a new regression model that can explain the variation in quarterly sales better than the previous model. You decide to verify this by comparing the results of the new model (that explains sales variation better) with the older model. You expect to see the R-square for new model to be higher than the old model.
Explanation:
As the R square is the coefficient of the variation and it determines the percentage of explained variability of the data. It should be higher as the new model is the best fit to the data.
e. under what circumstances might an audit team have a duty to disclose management’s frauds to parties other than the company’s management and its board of directors?
Answers
Fraud or error are the two causes of risk assessment financial statement inaccuracies. Fraud and error vary in that the underlying conduct in the former is deliberate.
The risk assessment methods to be followed are as follows:
1. Auditors must: in order to gather data used for risk identification.
2. To acquire the management's, internal audit team's, and those in charge of governance's opinions on the risk assessment of fraud, the auditor should ask them whether any instances of actual or claimed fraud have happened in the past.
3. Ask yourself if any further information you Fraud have indicates a fraud risk.
4. Based on the data gathered during the evaluation, analyze any fraud risk indicators that may be present.
5. Recognize unusual or unexpected Fraud relationships while carrying out analytical procedures, and assess them to risk assessment determine the likelihood of material misstatement as a result of fraud.
6. Assume that revenue recognition will be subject to risks depending on the evaluated transactions.
Learn more about risk assessment here
https://brainly.com/question/14804333
#SPJ4
what are the three main transmission mechanisms by which the yield curve affects the economy
Answers
The three main transmission mechanisms through which the economy is been affected as a result of yeild curve are:
Corporate impact
global impact
consumer impact
The yield curve can be regarded as graph which shows how the yield that comes from debt instruments vary with respect to their years remaining to maturity. This debt instrument could be bond.The monetary transmission mechanism can be regarded as the process whereby asset prices as well as general economic conditions are been affected due to monetary policy decisions
The transmission that affect the economy are
Corporate impactglobal impactconsumer impactAll these transmission all have effect on the aggregate demand as well as interest rates, and amounts of money in the economyTherefore, transmission mechanisms have serious effect on the economy.
Learn more at:
https://brainly.com/question/15073261?referrer=searchResults
Which of these producer activities did you participate in this week? Check all that apply.
U
I served people at a restaurant, hotel, coffee shop, or other business.
I worked in a bank, library, or retail store.
I created art to be sold in an art show
I made a product
I did yard work or other chores for pay.
Answers
Answer:
2nd and 4th
Explanation:
Answer:
2 and 4
Explanation:
Your client, Judy, with a credit score of 620, has been approved for an FHA loan for a home with a sales price of $200,000. What is the minimum down payment that will apply
Answers
Answer:
0
Explanation:
If the elasticity of demand for cigarettes by teenagers is \( 1.5 \), then the price and total revenue from teens buying cigarettes are:zero. zero. unrelated. inversely related. directly related.
Answers
If the elasticity of demand for cigarettes by teenagers is 1.5, then the price and total revenue from teens buying cigarettes are inversely related.
The elasticity of demand measures the responsiveness of the quantity demanded to a change in price. In this case, if the elasticity of demand for cigarettes by teenagers is 1.5, it indicates that the demand for cigarettes among teenagers is relatively elastic.
This means that a change in price will have a larger impact on the quantity demanded by teenagers.
When the elasticity of demand is greater than 1, as in this case, price and total revenue are inversely related. When the price of cigarettes increases, the quantity demanded by teenagers will decrease by a proportion greater than the increase in price.
As a result, the total revenue generated from teenagers buying cigarettes will decrease.
Conversely, if the price of cigarettes decreases, the quantity demanded by teenagers will increase by a proportion greater than the decrease in price, leading to an increase in total revenue.
Therefore, based on the elasticity of demand being 1.5, it can be concluded that the price and total revenue from teens buying cigarettes are inversely related.
Learn more about elasticity here:
https://brainly.com/question/30610639
#SPJ11
how saving account fits with my time horizon retirement
Answers
An investment's time horizon is indeed the length of time it will be held before being sold. Choose the best Retirement savings are the most popular long-term investments.
What do you mean by investment?A purchase made with the intention of creating income or capital growth is known as an investment. Appreciation is the term for an asset's value rising over time. A person buys in a good with the intention of using it to build wealth in the future rather than for current consumption.
How can beginners invest?Open a Demat and trading account using your linked banking account. Log into that trading account. Select the shares that you wish to buy or sell. Ensure that you have the requisite amount of funds in your account to buy the shares.
To know more about investment visit:
https://brainly.com/question/27992724
#SPJ1
The first step in the recording process is toa. prepare financial statements.b. analyze each transaction for its effect on the accounts.
c. post to a journal.
d. prepare a trial balance.
A complete journal entry does not show
a. the date of the transaction.
b. the new balance in the accounts affected by the transaction.
c. a brief explanation of the transaction.
d. the accounts and amounts to be debited and credited.
Answers
The first step in the recording process is to "analyze each transaction for its effect on the accounts". Option B is correct.
A complete journal entry does not show ''the new balance in the accounts affected by the transaction". Option B is correct.
The Explanation to Each AnswerThe purpose of recording transactions is to provide an accurate representation of a company's financial position. By analyzing each transaction and recording it correctly, companies can produce reliable financial statements that reflect their actual financial status.A journal is a chronological record of all transactions, while a ledger is a separate record for each account that summarizes the transactions related to that account. The trial balance is a list of all accounts and their balances, used to ensure that debits and credits are equal.
A complete journal entry should include the date of the transaction, a brief explanation of the transaction, and the accounts and amounts to be debited and credited. However, it does not show the updated balances in the accounts affected by the transaction. This information can be obtained by creating a ledger.
Learn more about journal entry https://brainly.com/question/14279491
#SPJ11
Which are affected by the factors of production? Check all that apply.
A.) the demand of the item
B.) the availability of the item
C.) the cost of the item
D,) the quality of the item
E.) the popularity of the item
Answers
Answer:
A
C
D
Explanation:
without demand no reason to product it
The cost of a item also greatly affects it
and how well they can make it without being too expensive
Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) came together on a unified project to outline the accounting principles for recognizing revenue and to develop a common revenue standard for U.S. GAAP and IFRS. Research IAS-18, Revenue, and discuss how it would apply to amazon
Answers
IAS 18, Revenue, would apply to Amazon by providing guidelines for recognizing and measuring revenue from the sale of goods and rendering of services.
IAS 18 establishes principles for revenue recognition based on the transfer of risks and rewards of ownership and the fulfillment of contractual obligations. For Amazon, revenue from the sale of goods would typically be recognized when products are delivered to customers and the customers have the right to return the goods within Amazon's return policies. This aligns with the principle of recognizing revenue when significant risks and rewards of ownership are transferred. Additionally, revenue from services, such as AWS and Amazon Prime, would be recognized proportionally over the period in which the services are performed or contractual obligations are fulfilled. Applying IAS 18 ensures that Amazon follows a consistent framework for revenue recognition, promoting comparability and transparency in its financial reporting. It also emphasizes the importance of disclosing relevant information about revenue recognition policies and significant judgments to provide users of financial statements with a comprehensive understanding of Amazon's revenue recognition practices. Overall, IAS 18 guides Amazon in recognizing and reporting revenue in accordance with internationally accepted accounting principles.
To learn more about measuring revenue from the sale, Click here:
https://brainly.com/question/28214604
#SPJ11
dan is an experienced accounting professional who values conservative and practical decisions. what would be the best way to communicate with him? a. ask him about his weekend and tell him about yours for 30 minutes before the meeting. b. collaborate with him on numerous ideas during the meeting. c. send him an email with minimal information asking him to make a decision prior to the meeting. d. give him factual evidence during a meeting so he can make a recommendation
Answers
Give him factual evidence during a meeting so he can make a recommendation would be the best way to communicate with him.
Option D is correct.
Professional accountants:A professional who carries out accounting tasks like account analysis, auditing, or analyzing financial statements is referred to as an accountant. Accounting firms or large corporations' internal account departments employ accountants. Additionally, they may establish their own distinct practices.
What does a professional accountant do?Business professionals who are accountants help with corporate strategy, give advice, and help businesses cut costs, boost their bottom line, and reduce risks. In business, professional accountants represent the interests of the company's owners—i.e., shareholders in a public company—as board directors.
Learn more about professional accountant:
brainly.com/question/28012992
#SPJ4
Production and Purchases Budgets Drainage Solutions Culverts produces small culverts for water drainage under two-lane dirt roads. Budgeted unit sales for the next several months are: Month Sales September 2,300 October 1800 November 1,100 December 800 At the beginning of September, 575 units of finished goods were in inventory. During the final third of the year, as road construction declines, plans are to have an inventory of finished goods equal to 25 percent of the following month's sales. Each unit of finished goods requires 600 pounds of raw materials at a cost of $5 per pound. Management wishes to maintain month-end inventories of raw materials equal to 50 percent of the following month's needs. Five hundred thousand pounds of raw materials were on hand at the start of September Required a. Prepare a production budget for September, October, and November Do not use a negative sign with your answers. Drainage Solutions Culverts Production Budget For the Months of September, October, and November Sept. Oct. Nov. Dec. Budgeted sales Plus desired ending inventory Total inventory Less beginning inventory requirements Budgeted production
Answers
Budgeted production for September is 2175, October is 1625, November is 1025, Budgeted purchases for sept and October is 6462500 and 3975000.
The sales forecast and the anticipated quantity of inventory of finished goods to be on hand are combined to create the production budget, which determines the number of items that must be made. To track the value of the firm's operations and the quantity of goods sold, a purchasing budget is developed. You can use it to keep track of your monthly target ending inventory value as well. The budget for purchases is frequently only a portion of the overall business budget and is frequently included in the master budget
Learn more about production budget here:
https://brainly.com/question/17255948
#SPJ4
Question 5 of 10 What does the Occupational Safety and Health Administration (OSHA) do? O A. It requires employers to budget a certain amount of money for health and safety measures. B. It mandates that employees submit to medical testing to determine if they are able and healthy enough to do their jobs. C. It governs job-related health and safety in the private sector and federal government in the United States. D. It requires safety equipment and health exams to be available for railroad workers. please hurry this is timed.
Answers
Answer:
C
Explanation:
OSHA governs job-related health and safety in the private sector and federal government in the United States. It sets and enforces standards for workplace safety, provides training and education to employers and employees, and conducts inspections to ensure compliance with regulations. Thus, option C is correct.
What is the Occupational Safety and Health Administration?The Occupational Safety and Health Administration (OSHA) is a United States federal agency that is responsible for setting and enforcing workplace safety and health standards.
It was created as part of the Occupational Safety and Health Act of 1970, and its mission is to prevent work-related injuries, illnesses, and deaths by promoting safe and healthy working conditions.
OSHA establishes and enforces standards, provides training and education, and conducts inspections to ensure that employers are complying with regulations.
Its jurisdiction covers most private sector employers and their workers, as well as some public sector employers and workers in the United States.
Learn more about Occupational Safety and Health Administration here:
https://brainly.com/question/29887533
#SPJ5
1. Which of the following is a benefit of channels of distribution:
a. We can more easily obtain products from all over the world.
b. Producers must spend more money.
c. Retailers must spend more money.
d. We spend more time looking for products we want.
Answers
The advantage of distribution channels is that they make it simpler for us to buy goods from around the globe. Option A is correct.
What is the channel distribution?Distribution channels are the routes that goods and services follow from the producer or supplier of the service to the final customer. Channels of distribution are crucial to organizations because they enable efficient delivery of products or services to clients.
Unhappy consumers and subpar service delivery may result from a company's failure to choose the optimal group of enterprises for this purpose. Distribution channels have the benefit of making it easier for us to purchase items from around the world.
Therefore, option A is correct.
Learn more about the channel distribution, refer to;
https://brainly.com/question/15774206
#SPJ6
What is the business?
Annette started working as a repairperson in a local appliance store when she was in school. She loved the work and was promoted to service manager within a few years. Annette had always wanted to own her own business, and she started to research ways to achieve her goals. The next year, Annette opened her own store, Annette’s Appliance and Repair Shop. Her store is a distributor for Whirlpool washers and dryers.
Answers
Answer:
supplier
Explanation:
Answer: product trade-name franchise
Explanation:
franchising is the licensing of a franchisee or dealer to sell or distribute a specific product using the franchisor’s trademark, trade name, and logo. Standard forms of franchising include product franchising, traditional franchising, and business format franchising.
HURRY I NEED HELP!!!
Does globalization (or global trade) provide an opportunity to the world (positive), or does it take advantage of local individuals and cultures (negative)? Explain in a CREW format.
Interviewer: I am here on a very crowded Wall Street with protesters chanting all around me…
Group of Protesters: People before profits! People before profits! People before profits!
Interviewer: Many of these folks are against the growth of global free trade. They believe free trade is to blame for increases in poverty, income inequality (lots of rich and lots of poor), and environmental damage in recent decades. They claim that the elimination of tariffs and other barriers to trade have simply allowed large, multinational corporations to move into and exploit (take advantage of) developing nations, while hurting many U.S. workers and families, too.
Protester 1 (wearing a “No More Sweatshops” T-shirt): The extreme expansion of capitalism and free trade has allowed large, multinational companies to exploit developing countries, and especially their poorest citizens who are often forced to work for less than $1.00 day. Many of the factories set up by these big companies are sweatshops– dirty, dangerous, and the pay is awful. We are here protesting for a ‘living wage’ for all foreign employees of U.S. corporations.
Union representative: I’m tired of these large, unfeeling corporations sending our good paying manufacturing jobs overseas to some factory where workers make $1.50 an hour, instead of letting Americans have those jobs…That’s what’s happening in the textile industry, the steel industry, and the auto industry, too. These are industries that built America and now our jobs are going to China or Mexico...
Interviewer: The other side of this global debate–you might call them free-trade advocates– argues that opening up markets and international borders to free trade has had all kinds of benefits for developing nations, as well as the United States and other industrialized nations. They cite data showing increased life expectancy, increased literacy (ability to read and write), more political freedom, and a reduction in the proportion of people living on less than $1.00 per day in the developing nations.
Manager: Evidence shows that the number of people living on $1.00 per day or less has decreased by 50% in the last 20 years, which was a period of rapid world economic growth, largely because of international trade. And the percentage of people who are malnourished (Starving) has dropped from 56% in the 1960s to only 10% today. Again, during a period of global economic growth, fueled by trade. Look, our corporation has a factory in Vietnam. Last year our factory there paid 2 times the local wage. That was a big step up for those workers, and it made sense for us, too, because it meant we could get the most productive local workers.
Shopper: Let’s also look at all of the different product choices we have. I can go into the grocery store and find different types of food from all over the world. We are limited in what we can produce and grow here in America, so having global trade gives us so many more options.
C- Claim (Globalization provides an opportunity to people throughout the world [or] Globalization takes advantage of local individuals and cultures around the world.)
R- Reason (It provides the opportunity because… [Or] It takes advantage of others because…)
E- Evidence (insert a quote from the reading to prove your positive or negative side)
W- Warrant (This quote shows how globalization is positive/negative because… We should/shouldn’t continue to trade with other countries of the world because...)
Answers
Answer:
In general, globalization has been shown to increase the standard of living in developing countries, but some analysts warn that globalization can have a negative effect on local or emerging economies and individual workers. Globalization is not new.
A city property tax bill of $5,000 for a person in the 25% tax bracket results in:
A. a federal income tax savings of $1,250 for the taxpayer
B. a reduction of $5,000 in taxable income for the taxpayer
C. an extra $1,250 for the federal government
Answers
Answer:
Explanation: The right answer is A, which represents a taxpayer savings of $1,250 in federal income taxes.
A taxpayer in the 25% tax rate can deduct $5,000 of their property tax payments from their taxable income. As a result, their taxable income is decreased by $5,000. The deduction amount multiplied by the taxpayer's marginal tax rate of 25% results in the amount of federal income tax that is avoided as a result of this deduction. So, the taxpayer saves $1,250 in federal income taxes.
Answer: I may be wrong but I think b
Explanation:
which of the following are effects of a valuation allowance account for deferred taxes? (select all that apply.
Answers
Overall, the establishment of a valuation allowance account for deferred taxes can have a significant impact on a company's financial statements and performance, indicating uncertainty about the future realization of the deferred tax asset and potentially impacting financial ratios and future tax liability.
Reduces Net Income: When a valuation allowance account is established, it reduces the deferred tax asset and, as a result, reduces the net income of the company. This is because the deferred tax asset is a reduction in taxes payable, and a decrease in this asset will increase the amount of taxes that are due, resulting in a lower net income.
Affects Future Tax Liability: If a valuation allowance account is established, it means that the company is uncertain about its ability to utilize the deferred tax asset in the future. As a result, it may have to pay higher taxes in the future, which will increase its future tax liability.
Indicates Uncertainty: The establishment of a valuation allowance account indicates uncertainty about the future realization of the deferred tax asset. This could be due to a change in tax laws, a change in the company's financial performance, or other factors that affect the company's ability to use the deferred tax asset in the future.
Impacts Financial Ratios: The establishment of a valuation allowance account can impact certain financial ratios, such as the debt-to-equity ratio or the return on assets ratio. This is because the deferred tax asset is a component of the company's assets, and the establishment of a valuation allowance account reduces the value of these assets.
For more such questions on valuation
https://brainly.com/question/31557511
#SPJ11
Which type of business does not hold owners accountable for the debts of
the business?
OA. Sole proprietorship
OB. LLC
OC. Partnership
A
OD. Private company
Answers
Answer:
Limited Liability Company (LLC)
Explanation:
A limited Liability Company (LLC) is a business structure in the United States that protects its owners from the personal responsibility for its repayment of debts and liabilities. It is a hybrid entity that has the characteristics of a corporation, partnership and sole proprietorship. The regulation of LLC's varies from one state to another. An entity or individual can be a member of an LLC with notable exceptions from banks and insurance companies. The primary reason for registering a business under LLC is to limit the personal liability of the owners as well as the partners. LLC may have some attractive features but they also possess some great disadvantages as well. Depending upon the state law, an LLC may be dissolved upon the death or bankruptcy of a member.
In providing ____,the government establishes and enforces the laws necessary for a market economy to function
Answers
Answer:
I think that's regulations
When accounts are deemed uncollectible: X Mobile conclude that it will not collect a $550 account receivable for customer H. Simpson who has recently gone bankrupt
Answers
When an account is deemed uncollectible, it means that the company has determined that they will not be able to collect the outstanding debt from the customer.
In this case, X Mobile has concluded that it will not be able to collect a $550 account receivable from customer H. Simpson, who has recently gone bankrupt.
When a customer files for bankruptcy, it typically means that they are unable to pay their debts, including the amount owed to X Mobile. In such situations, the bankruptcy court takes control of the debtor's assets and distributes them among the creditors.
However, it is important to note that not all bankruptcies result in a complete loss for the creditor.
X Mobile may be able to recover some or all of the outstanding debt through the bankruptcy proceedings, depending on the specifics of the case.
For instance, if the debtor has any assets that can be liquidated to pay off the creditors, X Mobile may receive a portion of the amount owed. Alternatively, X Mobile may be able to negotiate a payment plan with the debtor or their trustee.
In any case, it is important for X Mobile to properly account for the uncollectible account receivable in their financial statements.
This typically involves writing off the amount as a bad debt expense, which reduces the company's net income and assets. By doing so, X Mobile can accurately reflect the financial impact of the uncollectible account and maintain accurate financial records.
For more questions on uncollectible visit:
https://brainly.com/question/20597051
#SPJ11
similarities between local market and national market
Answers
Adapting the Four P’s of Marketing for a Local or National
Product: According to MindTools, the product or service needs to satisfy customers’ specific needs. If you have a bakery, for example, you can focus your products to meet a specific customer requirement, like gluten-free products. On a local level, your messaging can include your local ingredients and the local experts who craft the baked goods. On a national level, you may want to talk about the success of the franchise in creating consistently delicious products from family recipes.
Place: The place is where you sell the products. On a local level, this may include your brick-and-mortar store and an e-commerce website. On a national level, this can include your e-commerce website or franchise locations.
Price: How much your customers are willing to pay for your products may differ based on geography. For example, customers in a big city may be willing to pay more for products compared to those living in a suburb or rural area.
Promotion: This is the method of sharing your messaging with your customers. It can include advertising, personal selling, sales promotion, direct marketing and public relations. Regardless of whether you’re taking a local or national approach, it’s vital to look at the competition to ensure your messaging stands out. Timing of the promotion is also key, as certain geographic locations may be more seasonally focused than others. For example, promoting bathing suits in January in New York may be more challenging than promoting them in July
With what kind of vocabulary should a person be familiar for reading the balance sheet of a restaurant easily?
A.
the names of all the items on the restaurant menu
B.
finance-related words such as depreciation, capital expenditure, etc.
C.
restaurant-related terms such as banquet, buffet, etc.
D.
marketing terms such as product lifestyle, customer lifetime value, etc.
E.
advertising terms, such as brainstorming, captions, etc.
Answers
Answer:
Explanation:
For all Plato users.
Finance-related words such as depreciation, capital expenditure, etc. kind of vocabulary should a person be familiar for reading the balance sheet of a restaurant easily. Thus, option (a) is correct.
What is a balance sheet?A balance sheet is a financial statement that lists an organization's assets, liabilities, and shareholder equity. One of the three important financial statements a company's evaluation will focus on is the balance sheet. It was the obligations using its current assets.
The terms depreciation, capital outlay, liabilities, assets as well as equity, and revenue should all be understood by someone who works in finance. A person can comprehend the data in a restaurant's balance sheet and make decisions about the restaurant's financial health with the aid of these finance-related terms if they are familiar with them.
As a result, the significance of the kind of vocabulary should a person be familiar for reading the balance sheet of a restaurant easily are the aforementioned.
Learn more about on balance sheet, here:
https://brainly.com/question/26323001
#SPJ5
pls be nice and answer this for me. in the middle of a test. 50 pts!
Nate received an unusually large requisition order from another department for a new type of material that they had not purchased before. He had a good relationship with the supplier so he sent the supplier an invoice for the order. What should Nate have done differently?
A. Solicited for a bid from the supplier
B. Solicited for a purchase order with the supplier
C. Ask the supplier for Verification for the requisition order
D. Used a new supplier since it was a new type of goods
Answers
Answer:
Solicited for a bid from the supplier.
Explanation:
Solicited for a bid from the supplier should Nate have done differently. Thus, option (a) is correct.
What is supplier?
The term supplier refers to supplies of the raw material and the goods. The supplier was the always part of the company to provide the customer the goods and the services. Suppliers provided the transportation of those materials. Suppliers are the mediator of the supply chain.
A bid is solicited, it signifies the target is actively looking for a buyer and wants to be bought as the supplier. These offers—also known as those that have the support of the management of both companies are frequently referred to as “friendly takeovers.” Solicitation bids, submission bids, and selection bids are the three different categories of bids.
As a result, the solicited for a bid from the supplier have the differently done. Therefore, option (a) is correct.
Learn more about on supplier, here:
https://brainly.com/question/27375800
#SPJ2
A binding price ceiling is a mandated _______.
A. maximum price above the market equilibrium price
B. minimum price above the market equilibrium price
C. maximum price below the market equilibrium price
D. minimum price below the market equilibrium price
Answers
A binding price ceiling is a mandated "maximum price below the market equilibrium price."
This is because a binding price ceiling is a point at which the price of certain commodities can not rise above the market equilibrium price.
The binding price ceiling is usually set by the government rather than the force of demand and supply.
The binding price ceiling has negatives, such as leading to a shortage of supply.
Hence, in this case, it is concluded that the correct answer is option C.
"maximum price below the market equilibrium price."
Learn more here: https://brainly.com/question/14689852
Answer:
I took the quick check. brainliest would be nice
Explanation:
1: C- maximum price below the market..
2:C- producers from low market..
3: C- led to a shortage as prices are kept from rising....
4: D- a price ceiling of 1,000
5: A- the surplus resulting from the price floor...
the exponential form of 6×6×6×6 is 6 the base is 4 True or False?