A perfectly competitive firm will benefit by spending some of its revenues advertising the product it produces. A True B False
Answers
It depends on the specific circumstances of the market and the firm. In some cases, a perfectly competitive firm may benefit from advertising its product, while in other cases, it may not.
In a perfectly competitive market, all firms sell identical products and are price-takers, meaning they have no market power to set prices. In this type of market, consumers have perfect information about the products available and their prices, and firms cannot differentiate their products through advertising or other means. However, in some cases, advertising can help a firm in a perfectly competitive market to increase brand recognition and loyalty among consumers, which can lead to increased demand and market share. Additionally, advertising can inform consumers about new or improved products, potentially increasing demand and sales. On the other hand, in a perfectly competitive market, the costs of advertising may outweigh the benefits, especially if all firms in the market are also advertising. In this case, the increased demand generated by advertising may be offset by the higher costs, leading to lower profits for the firm. Therefore, the answer is not a straightforward true or false, and depends on the specific market conditions and the firm's advertising strategy.
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Related Questions
Outline* the extended marketing mix 7Ps and explain how the extended marketing mix contribute to effective marketing planning.
Answers
The extended marketing mix 7Ps consists of product, price, place, promotion, people, process, and physical evidence. This combination has an essential role in the success of marketing planning since it concentrates on catering to the needs and wants of customers.
This mix was developed to cater to the services industry since there was a requirement to cater to the requirements of services businesses, which differ significantly from those of the goods.
This marketing It also ensures that all the aspects of the product or service are covered under this combination to satisfy customer demand and adapt to any errors or shortcomings that may occur within the business.
The 7Ps of the extended marketing mix are briefly explained below:
Product: It refers to the core products or services offered to the customers.Price: It relates to the cost of the product or service.Place: It refers to the channel of distribution to reach the target audience.Promotion: It encompasses all the strategies and tactics employed to promote the product or service.People: This includes the personnel who interact with customers and their requirements.Process: It relates to the procedures that the organization employs to deliver a product or service.Physical evidence: It refers to the tangible elements, such as packaging, physical appearance, and branding.The extended marketing mix is essential to effective marketing planning since it caters to all the aspects of the business. This mix ensures that the business covers every aspect of the product or service to satisfy customer demand and adapt to any errors or shortcomings that may occur within the business.
It also helps in ensuring the success of the business, especially in the services sector, since it caters to all the requirements of the customers.
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Vhich of these is an example of a conceptual skill?
O A. Managing a customer complaint
B. Operating office machinery
C. Understanding how promotion will support the company
D. Completing monthly invoices
Answers
Answer:
C
Explanation:
Understanding how promotion will support the company: is based on the mental thinking of the person and not based on what he/she was taught.
An example of a conceptual skill is Understanding how the promotion will support the company. Thus the correct option is C.
What are skills?Skills are referred to as unique qualities, traits, abilities, and talents an individual carries which differentiate them from others and help them to gain a competitive advantage over others to achieve the goals of life.
The ability to see an organization's whole image falls under the category of conceptual skills. For those who hold administrative positions and are responsible for making decisions for the organization, conceptual skills are especially crucial.
Understanding how the promotion will support the company is an example of conceptual skills giving an image in a broader sense which symbolizes the traits of conceptual skills that helps managers to make decisions.
Therefore, option C is appropriate.
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Running Audit Reports help monitor suspicious activity in order to prevent fraud, waste, and abuse.ResponseTrue False
Answers
True.
Running audit reports can help monitor suspicious activity and detect irregularities that may indicate fraud, waste, or abuse.
These reports provide an overview of financial transactions and can highlight any unusual patterns or discrepancies that require further investigation. Regular audits and reports are important tools in preventing fraudulent activities and maintaining the integrity of financial systems.
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Personal selling refers to the personal communication of information to unselfishly persuade a prospective customer to buy something that satisfies that individual's needs.
a) true
b) false
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Personal selling refers to the personal communication of information to unselfishly persuade a prospective customer to buy something that satisfies that individual's needs. This statement is true.
Personal selling involves direct communication between a salesperson and a potential customer. The salesperson engages in a one-on-one conversation to understand the customer's needs and preferences, and then presents a product or service that is tailored to meet those needs. The goal of personal selling is to build a relationship with the customer and convince them to make a purchase.
This form of selling is characterized by face-to-face interaction, where the salesperson can adapt their approach and message based on the customer's responses and reactions. By engaging in personalized communication, the salesperson can address any concerns or objections the customer may have, and provide additional information or demonstrations to persuade them.
Personal selling is often used in industries where the products or services require explanation, demonstration, or customization. Examples include selling cars, insurance policies, or complex technological solutions.
Therefore, personal selling involves personalized communication to persuade a potential customer to purchase a product or service that meets their needs. It is an effective strategy for building relationships and addressing customer concerns.
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What causes excess supply and excess demand?
Answers
Excess supply and demand are caused by factors such as inflation or deflation, changes in foreign exchange reserves, population growth (because there were previously fewer people), political instability, and changes in foreign exchange reserves. These factors are collectively referred to as disequilibrium.
Disequilibrium:- A market-based economy is in a state of disequilibrium when the forces of supply and demand are out of balance. When internal or external factors hinder the market from achieving equilibrium, the market eventually becomes out of balance.
In this case, the quantity supplied does not equal the quantity required at the agreed-upon price.
leads to price issues and a loss of economic balance.
Excess supply is a state of disequilibrium that occurs when there is insufficient demand to balance the supply. Oversupply is the opposite.
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What is the proper balance between dealing with negative externalities through government regulation or through torts?
Answers
Answer:
Government regulation is the best way to deal with negative externalities
Explanation:
An externality is the effect of the activities ( mostly economic ) of an individual on third parties whom are not direct participants in such activities ( mostly economic ) and this externalities can be either positive or negative .
A proper balance by which Government can deal with negative externalities is by increasing taxes on the production of goods and services that leave a trail of negative externalities on third parties. that way the cost of production of such goods and service will discourage its production
Select the correct answer.
You are reading product reviews posted online by consumers. Which external information source are you using?
company website
industry website
Ο Ο Ο Ο
social media
print media
E.
consumer report
Answers
Answer:
social media
Explanation:
External sources of information refer to sources outside the organization. It is information produced or published by other independent agencies other than the company. External sources originate outside of the organization.
An organization does not have control over external sources. Examples of external sources include government statistics, newspapers, survey findings, social media, and archives. Online means through the internet. From the list provided, social media requires internet connectivity information and an external source of information.
Answer: for plato users
C . Social media is the correct answer
Explanation:
What personnel records would you suggest for a small retailer with three employees?
Answers
Explanation:
For a small retailer with three employees, the ideal would be to keep personnel records well organized, because regardless of the size of the company, the records function as a perspective of the human resources department and a protection for the company, therefore it is essential that the company have registration forms, selection data, evaluation reports, disciplinary forms, job description, social security number, etc.
Sandra looks jorge in the eyes to show him she is sincere about her topic. What type of nonverbal communication does this demonstrate?
Answers
Sandra looks jorge in the eyes to show him she is sincere about her topic. type of nonverbal communication this demonstrates negotiation.
He demonstrates a willingness to alternate. 2: to show or make clear by way of reasoning Galileo validated that the earth revolves around the sun. three: to provide an explanation for (as in coaching) by means of the use of examples or experiments My science assignment demonstrates blood circulation.
Your students can exhibit gaining knowledge via panel discussions and debates, growing audio tapes, handing over lectures, and via function playing. Written mastery. Your college students can demonstrate learning through any of the following written products: studies papers, journals, reports, essays, and letters.
A demonstrate is a pastime and procedure of explaining and describing the idea, idea, principle, regulation, teaching factor, and many others with the help of displaying specimens or devices or experiments inside the coaching-mastering procedure.
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Poornima is a research assistant for her favorite physics professor, Dr. Smith. Dr. Smith is interested in studying the effects of different materials for tires on the velocity of model cars rolling down an inclined plane. Poornima knows from her economics class that to isolate the effects of a particular phenomenon, all other things must remain the same. In Latin, this is referred to as ______.
In order to keep all other things the same and isolate the effects of one particular variable in the physics experiment, Poornima will want to do what steps?
Answers
In Latin, this is referred to as ceteris paribus.To isolate the effects of a particular variable in the physics experiment. Poornima will want to do some steps which are mentioned below.
The steps are such as :
1.Choose a standard car model and stick to it throughout the experiment
2.Use the same inclined plane for each trial.
3.Keep the angle of inclination constant throughout the experiment.
4. USe the same starting point for each trial.
5.Use the same force to push the car at the starting point for each trial
6.Ensure that the tires are the only variable being changed between trials.
7.Record the velocity of the car at the bottom of the inclined plane for each trial.
8.Keep the angle of inclination constant throughout the experiment.
9.Repeat the experiment multiple times to ensure the accuracy and consistency of results.
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i dont know but good luck
Answers
Answer:where’s the question?
Explanation:
an outline can help you organize your message by making sure that all of your main points are well developed.
Answers
It holds completely appropriate and factually correct to mention that messages can be organized by an outline, as it makes sure that all the main points on the messages have been well-developed. Therefore, the statement given above holds true.
An outline can be referred to or considered as the literary tool that helps in sequential organization of the composition in such a manner that the work of the author becomes more presentable and appealing to be read. It is generally in relation to the draft of the composition, before the final composition is actually finalized by the author.
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why might a health savings account (hsa) be particularly attractive as part of a retirement plan? eligible taxpayers who remain in good health can see their contributions grow tax-free year over year. distributions made for eligible medical expenses are never taxed, an attractive benefit for older taxpayers. depending on the trustee, account holders may be able to invest a portion of their hsa account balance in mutual funds and other instruments. all of these are reasons an hsa might be an attractive option in a retirement plan.
Answers
By making pre-tax contributions, deferring income taxes, and using tax-free withdrawals for qualified medical expenses now or in retirement, an HSA allows you to reduce your tax liability in three different ways. This suggests that any funds withdrawn from an HSA to pay for qualified medical costs are tax-free.
Positive contributions entail what?
Beneficial contributions are just intentional actions that benefit your company. In this case, the word "intentional" could be quite important. There are several ways for workers at all levels to fulfil a company's needs while putting little effort into it. He received credit for his time and financial investment. He had a big impact on the conversation. He made a substantial contribution to the city's development in his capacity as mayor. Contribution investigates
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emery mining inc. recently reported $115,000 of sales, $68,500 of operating costs other than depreciation, and $11,800 of depreciation. the company had $16,500 of outstanding bonds that carry a 7.25% interest rate, and its federal-plus-state income tax rate was 25%. how much was the firm's net income? the firm uses the same depreciation expense for tax and stockholder reporting purposes. (round your intermediate and final answers to two decimal places.)
Answers
The company's net income was $25,127.81.
Net Income: What is it?Net income is the amount that a person or business makes after expenses, reimbursements, and taxes. The amount left over after costs like salaries and wages, the price of goods or raw materials, and taxes have been paid is known as a company's net income.
In the simplest terms, net profit is the sum that is left over after expenses are paid. Either the corporation keeps the revenues as part of retained earnings or common investors can elect to receive dividends on net income. On an annual basis, per fiscal year, net income is frequently estimated.
Net income is defined as an entity's revenue less costs, depreciation and amortization, interest, and taxes for a specific accounting period in both business and accounting.
Sales $115,000
Less: operating costs $68,500
Less: depreciation $11,800
Earnings before interest and tax $34,700
Less: interest expenses ($16,500 * 7.25%) $1,196.25
Earnings before tax $33,503.75
Less: tax (25%) $8,375.94
Net income $25,127.81
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what is Revenue ???
Answers
Answer:
Revenue is the total amount of income generated by the sale of goods or services related to the company's primary operations. Revenue, also known as gross sales, is often referred to as the "top line" because it sits at the top of the income statement. Income, or net income, is a company's total earnings or profit.
Explanation:
Not my answer
Answer:
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Revenue is the money generated from normal business operations, calculated as the average sales price times the number of units sold.
Who can provide me some examples of businesses?
Answers
Answer:
hi!
Explanation:
you should plan out your bisnuse ! and get your invitory try making cards hope this helps!
Why are personal care aides expected to be paid so little in spite of being in such great demand?
Answers
Answer: Because they were the least educated, (something to do with that).
Explanation:
Refer back to Chapter 1 of your text this week. Provide an example of how you could apply the 3-Step Approach to solve an ethical problem you are experiencing at work or have experienced at work in a current or former workplace.
Answers
In order to address an ethical problem at work using the 3-Step Approach, you would first need to identify the ethical issue, evaluate the available options, and then make a decision based on your analysis.
Let's use a real-life example to illustrate these steps:
Imagine you work in the marketing department and notice that your manager is using misleading information in a promotional campaign, which could potentially deceive customers. This creates an ethical dilemma.
Step 1: Identify the ethical issue
In this case, the ethical issue is the use of dishonest and misleading information in the promotional materials. It conflicts with the company's values and can have negative consequences on its reputation.
Step 2: Evaluate the available options
Consider the possible actions you can take to address this ethical issue. Some options include:
- Directly discussing the matter with your manager and expressing your concerns.
- Reporting the issue to a higher authority or the company's ethics committee.
- Choosing to remain silent and not take any action.
Step 3: Make a decision based on your analysis
After evaluating the options, consider the potential outcomes and decide on the best course of action. In this example, the most effective approach may be to talk to your manager first, as it allows for open communication and an opportunity for change. If the issue persists or your manager doesn't address it, you can then consider escalating the matter to a higher authority.
In conclusion, using the 3-Step Approach, you would identify the ethical issue, evaluate the available options, and make a decision based on your analysis. This structured method ensures that you have considered all aspects of the problem and can help guide you towards making an ethically responsible choice.
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How should managers balance fairness (consistency of
disciplinary actions) with the fact that people are unique, have
different situations, and do not necessarily respond to the same
treatment?
Answers
Managers should balance fairness (consistency of disciplinary actions) with the fact that people are unique, have different situations, and do not necessarily respond to the same treatment by being flexible and considering each employee's situation individually.
This can involve taking into account factors such as an employee's past performance, their personal circumstances, and the nature of the offense committed.
Additionally, managers should ensure that disciplinary actions are proportionate to the severity of the offense and that they are communicated clearly and consistently to all employees.
Overall, managers should strive to treat employees fairly and consistently while recognizing and responding to the unique circumstances of each individual.
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Name and briefly describe the quantitative methods of control (ABM)
Answers
Budgets such as: (i) The regular operating, capital expenditure, sales and cash budgets; and. ...
Control Centres.
Audits such as: (i) Internal audits, ...
Ratio analysis (RA).
Break-even (BE) analysis.
Time-preference charts and techniques such as:
Mathematical and statistical techniques are the two main categories of quantitative management methods.
What is quantitative management?Computers and mathematical methods are used in quantitative management to sort through financial statistics and choose stocks. Managers use previous quantitative linkages they have observed to inform "models" that aid in stock selection.
Screening is the process of examining historical information on businesses using a computer. A quantitative manager may develop a program to screen 2,000 stocks based on a specific set of traits or criteria.
The manager might prove, for instance, that historically, stocks with low price-to-earnings ratios and rapid earnings growth during the previous two years outperformed the market the following year.
The simplicity of using a model once it is established is the obvious advantage. Given the constantly shifting landscape of the financial markets, developing the model is the challenging aspect.
It might be challenging to incorporate enough adaptability into a model in quantitative management without adding too many additional variables.
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How does the overall economy benefit from you having a job?
Answers
You having a job contributes to the economy with taxes and with most jobs you're probably selling a good so the community is getting things they want, and these people who pay for it also are paying a tax on it, it also keeps you off the streets so you're not polluting your city.
how many tines in earth does the sun intersect equartor
Answers
Answer:
два
Explanation:
Which factors can affect a stock's price? Check all that apply.
RE
market performance
the company's financial health
the quantity products produced
location of the company
the economy
Answers
Suppose that Defenestration decides to pay a dividend of only $2 per share this year and use the remaining $2 per share to repurchase stock. If Defenestration maintains this dividend and total payout rate, then the rate at which Defenestration's dividends and earnings per share are expected to grow is closest to what?
Answers
Answer:
Missing word "Defenestration Industries plans to pay a $4.00 dividend this year and you expect that the firm's earnings are on track to grow at 5% per year for the foreseeable future. Defenestration's equity cost of capital is 13%."
P0 = dividend payout per share/ (k-g)
Where g is firms earning growth = 5% or 0.05
And k is the cost of capital = 13% or 0.13
Therefore P0 = $4 / (0.13 -0.05) = $50
But if the payout is $2 per share and $2 per share is used to repurchase stock then to get the price of the stock in one year given the current price of $50.00, dividend at $2 and the 13% cost of capital we get
$50 = $2 + X / (1.13)
Therefore x = $54.5
At a current price of $50, we can expect that Defenestration Industries stock to sell for $54.50 immediately after the firm pays the dividend in one year
Therefore the growth is (54.5 -50)/50 = 9%
Using the spell-checker feature of a word-processing program, you can be confident that it will find all of the errors. O True O False
Answers
Answer:
Theirs a chance that it will. But puncuation Im not sure
Explanation:
Answer:
Answer: False
Explanation:
Edge 2020
one of the biggest problems for a work covered by a copyright is _____.
Answers
One of the biggest problems for a work covered by a copyright is the issue of infringement. Copyright infringement occurs when someone uses, reproduces, distributes, or displays a copyrighted work without permission from the copyright owner.
This can lead to a loss of income and reputation for the copyright owner, as well as legal repercussions for the infringer. In order to prevent copyright infringement, it is important for copyright owners to protect their works and enforce their rights through legal action if necessary.
Additionally, education and awareness about copyright laws can help prevent unintentional infringement. Infringement can also negatively impact the creative industry by discouraging artists and creators from producing new content.
To address this issue, copyright holders can take legal action against infringers to protect their intellectual property and ensure proper compensation for their work.
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What’s the answer???
Answers
Answer:
I am not sure but I think it would be B right?
Explanation:
Because she already has $10 to go to the movie right, so she would use that 10 dollars to go to the movie with her friend?
Development lp is a limited partnership that invests in residential real estate projects. Its limited partners include more than 150 sophisticated investors and investment professionals, including ethan. Ethan loses his limited liability if he:.
Answers
Ethan loses his limited liability if he participates in the firm’s management.
Who is a Limited Partner?A limited partner can be described as a part-owner of a limited partnership business who does not involve in the management of the partnership business.
The liability for the company's debts of a limited partner is limited to the amount invested in the business.
Limited partners are frequently referred to as "silent partners."
A limited partner is different from a general partner.
A general partner refers to a partner that is in charge of the day-to-day operations of the company, takes investment decisions on behalf of the company, and has unlimited liability for the company's debts and liabilities.
Therefore, Ethan will lose his limited liability if he participates in the firm’s management as he has become a general partner.
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Four ways in which schools could promote entrepreneurship as a viable option to counteract unemployment
Answers
Answer:
Entrepreneurship is an important alternative to counteract unemployment. It not only gives provides employment to the entrepreneur but also provides jobs to others as well.
Explanation:
Entrepreneurship may be defined as the setting up of a business or a work looking out for making profit dealing with the risks and the challenges on its own.
Four ways in which the school can promote entrepreneurship as a viable option to counteract unemployment are :
build awareness and promote entrepreneurship among the students.Provide the benefits of being an entrepreneur and showing them the possibilities of setting up a business that can even provide jobs to others.Providing with valuable ideas and guidance regarding setting up a business and giving an overview of the current market trends and market study.Helping the students reach out to other entrepreneurs and also providing ways to get any financial aid to set up a business.Four Ways through which Schools can promote Entrepreneurship include the following
Creation of entrepreneurship centres to provide consulting to non-profits and small businesses.Awareness creation through seminars and lectures on the importance of entrepreneurship as an alternative to paid employment. Host entrepreneurship contests where incentives are given.Inviting influential and professional entrepreneurs to give lectures.What is Entrepreneurship ?Entrepreneurship is defined as the process of starting up a business, and taking up the responsibility of financial risk with the hope of making profit.
Entrepreneurship is a potent means of reducing unemployment to the lowest minimum.
Entrepreneurship brings about creativity and as such value is created which leads to more wealth.
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a government reported the following transfers in its governmental funds statement of revenues, expenditures, and changes in fund balances: (1) a transfer from the general fund to a special revenue fund in the amount of $500,000; (2) a transfer from the general fund to an enterprise fund in the amount of $400,000; (3) a transfer from the general fund to a permanent fund in the amount of $100,000. the amount that would be shown as a transfer out in the governmental activities column in the statement of activities would be:
Answers
The amount that would be shown as a transfer out in the governmental activities column in the statement of activities would be $1,000,000.
Transfers are reported in the statement of activities in the governmental activities column, and they are classified as either operating transfers or non-operating transfers. Operating transfers are transfers that are made between funds that are similar in nature, such as transfers from the general fund to a special revenue fund. Non-operating transfers are transfers that are made between funds that are different in nature, such as transfers from the general fund to an enterprise fund.
In this case, all three transfers are operating transfers, so they would all be reported in the operating transfers section of the statement of activities. The total amount of operating transfers would be $500,000 + $400,000 + $100,000 = $1,000,000.
Therefore, the answer to the question is (1).
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