The chocolate you bought is an example of a specialty product. Specialty products are unique or high-end items that are not commonly purchased and are typically associated with specific brands or characteristics.
These products often have a dedicated consumer base who seek them out due to their distinct qualities or prestige. In the case of your favorite chocolate brand, it falls under the category of a specialty product because it has unique features or attributes that set it apart from other chocolate brands. As a loyal consumer, you specifically sought out and purchased this particular chocolate brand because it holds a special place in your preferences. Specialty products often command a higher price compared to other types of products due to their exclusivity or superior quality. They cater to niche markets and target consumers who have specific tastes or preferences. These products rely on strong brand loyalty and customer affinity to maintain their market position. Companies that produce specialty products often invest heavily in brand reputation, product differentiation, and marketing efforts to cultivate a dedicated customer base. In summary, your purchase of the favorite chocolate brand at the checkout counter exemplifies the buying behavior associated with specialty products, which are unique, sought-after items that cater to specific consumer preferences.
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You scheduled a meeting with your banker to discuss your findings. How will you fine-tune your product to incorporate your market research?
Answer:
5 Simple Steps to Fine-Tune Your Digital Marketing Planwww.convinceandconvert.com › digital-marketing › fi...
Were results good, targets met, and goals achieved? Or did your plan totally miss the mark? If you don't review what you did, how will you know what worked
Explanation:
A network security device that monitors incoming and outgoing network traffic and decides whether to allow or block specific traffic based on a defined set of security rules.
Answer:
Firewall.
Explanation:
Firewall can be defined as a network security device that monitors incoming and outgoing network traffic and decides whether to allow or block specific traffic based on a defined set of security rules.
Simply stated, a firewall is a network security protocol that monitors and controls inbound and outbound traffic based on set aside security rules.
A firewall is used to control access to a computer or network, as it creates a barrier between a computer or a network and the internet in order to protect against unauthorized access.
Basically, it is a network security device or security system pre-installed on most computers to essentially inspect data being transmitted to or from a computer.
Hence, firewalls are typically bidirectional, it checks all sent and received data and only allow authorized traffic through.
Answer:
Firewall.
Explanation:
Hope this helps
This communication channel is typically used to provide an audience with information about a product or service, usually for informational or persuasive purposes. It is a one-way communication in a visual medium.
Answer:
Online advertisement
Explanation:
In the ever-increasing technological world, online advertising is an extremely elaborate solution for the sale of any item or service or for the information about that item or service.
The use of online advertisements is usually an elaborate way of providing detailed information about goods and services in which information about goods and services is provided to individuals viewing through movable images, communication in the online advertising technological world.
This is a large medium of information as well as it is also a proper means of giving unilateral information.
List five internal factors that influence a sales forecast.
Answer:
The internal factors such as plant capacity, quality, price, advertisement policy, resources, etc., of the enterprise affect the sales forecasting of the enterprise.
Explanation:
These factors can very well be controlled by the business enterprise itself.
Predict: How might learning tasks that are not part of your regular job make you a more valuable employee ?
Answer:
Success, Power, and Politics in the Workplace.
Strive to Understand and Support His Goals.
Communicate at the Right Volume.
Be Careful With the Water Cooler Conversations.
Save Her From Unwelcome Surprises.
Always Go in With a Plan.
Build Bridges Across the Organization.
Show off Your Work Without Being Obnoxious.
Explanation:
Answer:
Learning other tasks makes u more efficient your boss will begin to value u and your efforts to make his work better
One common alternative asset is direct investment in real estate. This might involve funds in purchasing commercial properties such as offices, warehouses, hotels or shopping centres and renting them to tenants. Discuss the advantages and disadvantages of this form of investment compared with traditional equity and bond investments.
Direct investment in real estate as an alternative asset has both advantages and disadvantages compared to traditional equity and bond investments. It is important to consider these advantages and disadvantages when deciding to invest in real estate as an alternative asset.They are :
Advantages: Potential for higher returns: Direct investment in real estate has the potential to provide higher returns compared to traditional equity and bond investments.Diversification: Investing in real estate can help diversify an investment portfolio. Real estate behaves differently from stocks and bonds.Tangible asset: Real estate is a tangible asset, meaning it has physical value and can be seen and touched.Potential tax benefits: Real estate investments may offer various tax advantages.
Disadvantages: High upfront costs: Investing in real estate typically requires a significant amount of capital upfront. Illiquid investment: Real estate is considered an illiquid investment because it takes time and effort to buy or sell properties.Market volatility: The real estate market can experience fluctuations and downturns, similar to other investment markets. Management responsibilities: Direct investment in real estate requires active management,such as finding tenants, handling maintenance and repairs, and dealing with potential legal issues.
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if an ice cream company decides to sell the best ice cream on earth, and intends to establish a strong ethical climate in the organization, during which phase of the strategic marketing planning process should the firm incorporate ethical considerations?
In the strategic marketing planning process, ethical considerations should be incorporated during the strategy formulation phase.
This is the stage where the firm identifies its goals and objectives, assesses its internal and external environment, and determines its overall approach to the market. During this phase, the firm should take into account the ethical implications of its marketing activities and consider the impact that its decisions will have on various stakeholders, including customers, employees, suppliers, and society as a whole. For example, if the ice cream company wants to establish a strong ethical climate, it should consider ethical issues such as fair labor practices, environmentally sustainable sourcing of ingredients, and responsible advertising practices. By incorporating these considerations into its marketing strategy, the firm can ensure that it operates in an ethical and socially responsible manner while still achieving its business objectives.
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How do you calculate marginal cost from production cost?
marginal cost The difference in total production costs caused by creating or producing one extra unit is known as the marginal cost in economics.
Divide the variation in production costs by the variation in quantity to determine marginal cost. In managerial accounting, the idea of marginal cost is crucial because it may be used to maximize production through economies of scale within an organization. The overall costs involved in producing an additional good are what is referred to as the marginal cost. Therefore, it can be evaluated by changes in the costs associated with each extra unit. Because a corporation seeking to maximize profits will only create until marginal cost (MC) equals marginal income, marginal cost is a key concept in economic theory.
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Investors minimize risk by investing money in __________. A. one specific company B. a variety of companies C. newly-formed corporations D. companies that are competitors Please select the best answer from the choices provided A B C D
Answer: B. a variety of companies
Explanation:
Investors minimize risk by investing money in a variety of companies. The reason for this is to minimize risk. Investing in one specific company isn't ideal because in the case of the company running at a loss, the investor loses all his or her money as well.
On the other hand, when the investor invest in different companies, the risk is minimized. When one company isn't doing well, others will probably be doing well.
With the help of online research, write a short report on “glocalization.”
The phenomena of Glocalization, which is best described as Thinking Globally, Acting Locally, is created when the two terms of globalisation and localization are combined.
To put it more properly, we may say that although if a single brand is produced, sold, and distributed globally, it is nevertheless personalised and customised to suit the tastes and preferences of customers in the many global marketplaces.
It is carried out since each region of the world has its own unique culture, linguistic preferences, demands, and desires.
By adjusting their offerings and products to meet the needs of that specific market, businesses may effectively position and place their items, resulting in high revenues and devoted customers.
The following are all global brands, although they cater to the demands of their customers in various parts of the world while selling items.
Chips by Lays (They sell different flavours in different parts of the world, according to the taste preference and eating habits of that country).
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Match the item with the section of the marketing plan it belongs in. To match the items, click the item, and then click the section.
Match the item with the section of the marketing plan it belongs in.
To match the items, click the item, and then click the section.
The amount you plan to spend on each promotional strategy.
Marketing message
The number of sales you plan to have in the next year.
Product description
Strengths and weaknesses of other companies that provide similar products.
Other marketing goals
The message about your product's benefits that you plan to convey to your target market.
Budget
The percentage of customers who say they are highly satisfied in your customer profile survey.
Competition
The qualities you want to have people associate with your product.
Pricing
A list of the product's features.
Market research
How the cost of your product will support your brand image and marketing message.
Brand image goals
A description of general economic trends and how they are likely to affect the target market.
Promotional strategies
Ways you will communicate with your target market.
Financial goals
Answer:
1. Budget.
2. Financial goals.
3. Competition.
4. Marketing message.
5. Other marketing goals.
6. Brand image goals.
7. Product description.
8. Pricing.
9. Marketing research.
10. Promotional strategies.
Explanation:
1. Budget: The amount you plan to spend on each promotional strategy.
2. Financial goals: The number of sales you plan to have in the next year.
3. Competition: Strengths and weaknesses of other companies that provide similar products.
4. Marketing message: The message about your product's benefits that you plan to convey to your target market.
5. Other marketing goals: The percentage of customers who say they are highly satisfied in your customer profile survey.
6. Brand image goals: The qualities you want to have people associate with your product.
7. Product description: A list of the product's features.
8. Pricing: How the cost of your product will support your brand image and marketing message.
9. Market research: A description of general economic trends and how they are likely to affect the target market.
10. Promotional strategies: Ways you will communicate with your target market.
Answer:
1. Budget.
2. Financial goals.
3. Competition.
4. Marketing message.
5. Other marketing goals.
6. Brand image goals.
7. Product description.
8. Pricing.
9. Marketing research.
10. Promotional strategies.Explanation:
jim has selected to receive only the interest from his mother's life insurance policy. when jim dies, his children will receive the lump-sum benefit in addition to the benefit from his life insurance policy. jim has selected the
As when Jim dies, his children will receive the lump-sum benefit in addition to the benefit from his life insurance policy, hence Jim has selected interest-only option.
In an interest-only option, the borrower (mortgagor) is only obligated to pay interest on the loan for a predetermined length of time. Either the principle is paid back in full at a certain date, or it is paid back over time.
In the above case, in return of an interest Jim can make his children receive e the lump-sum benefit in addition to the benefit from his life insurance policy, hence in the above case Jim has selected an interest-only option.
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3. Which type of bank card immediately deducts payment for purchases from the cardholder's
checking account?
A.)credit card
B.)debit card
C.)prepaid card
D.)smart card
Answer:
debit card
Explanation:
debit card (also known as a bank card, plastic card or check card) is a plastic payment card that can be used instead of cash when making purchases. It is similar to a credit card, but unlike a credit card, the money is immediately transferred directly from the cardholder's bank account to pay for the transaction.
Answer:
c
Explanation:
it has a certain amount that you can spend on it
you are considering two job offers that are equivalent in every way except for the bonus. alpha industries offers a bonus paid on the first day of $9,600 and zeta consolidated offers a bonus paid at the end of the first year of $10,000. you assume you can earn 3.75% on a 1-year investment. the more valuable choice is:
Present Value ≈ $9,639.76. Comparing this present value to the bonus offered by Alpha Industries, which is $9,600, we can see that the bonus from Zeta Consolidated has a higher present value
To determine the more valuable choice between the job offers from Alpha Industries and Zeta Consolidated, we need to compare the present value of the respective bonuses.
By discount the future bonus at a given interest rate, we can determine its current value and compare it to the immediate bonus offered by Alpha Industries.
Let's calculate the present value of the bonus offered by Zeta Consolidated:
Present Value = Future Value / (1 + Interest Rate)ⁿ
Where:
Future Value = $10,000 (bonus offered by Zeta Consolidated)
Interest Rate = 3.75% = 0.0375
n = 1 year
Present Value = $10,000 / (1 + 0.0375)¹
Present Value = $10,000 / (1.0375)
Present Value ≈ $9,639.76
Although the immediate bonus from Alpha Industries is slightly lower, the time value of money and the ability to earn interest on the bonus over the course of a year make the bonus from Zeta Consolidated more valuable when considering its present value.
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1 In what ways do we negotiate our own identities through communication? How do we do that as individual? As families? As societies?
Through communication, we can express our beliefs, values, and experiences, and participate in conversations that help to define who we are and how we see ourselves in relation to others.
As individuals, we negotiate our identities through the ways in which we present ourselves to others through language, nonverbal cues, and other forms of communication. For example, we may choose to highlight certain aspects of our personality or experiences in conversation, or we may choose to conceal certain information. The choices we make in our self-presentation shape how others perceive us and contribute to the formation of our personal identity.
In families, communication is a key factor in shaping and maintaining family dynamics and identity. Family members communicate and negotiate their roles, expectations, and relationships with one another, which helps to create a shared sense of identity and belonging. Family members may also engage in acts of communication that help to reinforce their shared values and cultural traditions, further solidifying their sense of family identity.
At the societal level, communication plays an important role in shaping and negotiating collective identities. Through media, political discourse, and other forms of public communication, individuals are exposed to and participate in conversations about shared cultural beliefs, values, and norms. These conversations shape our collective understanding of what it means to be part of a particular cultural or social group, and help to form a shared sense of identity.
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Indicate if the following items are an event that will cause a movement along the demand curve for hot dogs of shift of the demand curve for hot dogs, holding all else constant.
a) A decrease in the price of salted pretzels (a substitute for hot dogs).
b) A decrease in the price of hot dogs.
c) A decrease in income of consumers.
The given items are events that will cause a movement along the demand curve for hot dogs, rather than a shift of the demand curve, holding all else constant.
a) A decrease in the price of salted pretzels (a substitute for hot dogs): This event will cause a movement along the demand curve for hot dogs. When the price of a substitute like salted pretzels decreases, consumers may switch their preference from hot dogs to pretzels, resulting in a decrease in the quantity demanded of hot dogs. However, the demand curve itself does not shift as the change is specific to the price of a substitute and not the factors affecting the overall demand for hot dogs.
b) A decrease in the price of hot dogs: This event will cause a movement along the demand curve for hot dogs. When the price of hot dogs decreases, consumers will be willing to purchase more hot dogs at the lower price, resulting in an increase in the quantity demanded of hot dogs. Again, the demand curve itself remains unchanged as this change is due to a movement along the curve caused by a change in price.
c) A decrease in income of consumers: This event will cause a shift of the demand curve for hot dogs. A decrease in income typically leads to a decrease in the purchasing power of consumers. As a result, consumers may reduce their overall demand for hot dogs, leading to a leftward shift of the demand curve. This shift represents a change in the overall demand for hot dogs due to a change in consumers' income levels.
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Why is strength an internal force
Answer:
Because it comes from within the person.
Explanation:
In business, we learn about the concept of internal force and external force as two factors that could influence the outcome of a certain event.
External forces are the type of influences that come from our environment. Generally, it's not something that we can control. We have to make proper adaptation to address the external forces to prevent it from ruining our goals.
Example of External Goals : Natural disaster, Future laws made by the government, etc.
Internal forces on the other hand are the type of influences that come from within ourselves as a person. It is something that we can control and constantly thrive to improve in order to make it easier for us to achieve our goals.
Example of internal goals: Strength, Emotional stability, Motivation, etc.
branches of accounting
a retired individual invests $75,000 in a 5-year bank certificate of deposit. this investor will be susceptible to:
In summary, while a 5-year bank certificate of deposit can offer a low-risk investment option with a fixed return, it also poses several risks such as interest rate fluctuations, liquidity risk, and inflation risk.
The investor will be susceptible to several factors when investing in a 5-year bank certificate of deposit with a $75,000 investment. Firstly, they will be subject to interest rate fluctuations during the 5-year period. If interest rates increase during this time, the investor may miss out on higher returns that they could have earned if they had invested in a different vehicle with a higher interest rate. On the other hand, if interest rates decrease, the investor will have the benefit of earning a fixed interest rate that they locked in at the time of their investment.
Secondly, the investor may also face liquidity risk. With a certificate of deposit, the investor is required to keep their funds in the account for the full 5-year term, and if they need to withdraw their funds before the maturity date, they may face penalties. With a fixed interest rate, the investor may earn a return that does not keep up with inflation, resulting in a loss of purchasing power over time. This may particularly affect retired individuals who rely on their savings to cover their living expenses.
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Which statement best describes the relationship between price and quantity supplied? a When prices increase, quantity supplied increases.b When prices increase, quantity supplied stays the same. cWhen prices decrease, quantity supplied increases. d When prices decrease, quantity supplied stays the same.
A is the option that offers the most accurate description of the connection between the selling price and the total amount.
When prices go higher, there is a corresponding rise in the amount that is provided.
When prices increase, the quantity supplied increases. Option A
What does the price mean?This is a reference to the value that is affixed to a certain good or service, which is the amount that it may be bought or acquired for.
As a result, we can see that based on the economic principle of price and quantities supplied, we can make the observation that when prices increase, the quantity supplied increases, and this is because of demand and supply.
In other words, when prices go up, there are more goods available for purchase.
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Which two actions best demonstrate taking responsibility?
being answerable for extra work an employer gives
participating in self-improvement activities
being accountable for one's actions
working with everyone with a positive attitude
being loyal to the organization in times of crisis?
a) Being answerable for extra work an employer gives and c) being accountable for one's actions demonstrate taking responsibility.
Taking responsibility for your actions necessitates the recognition that you have a role in every circumstance or experience and, as a result, some degree of control over the results or repercussions. You may have heard the term accountability.
It means that when you make a mistake or encounter a problem, your initial instinct should not be to blame others, make excuses, twist the facts, or flat-out lie.
Instead, you quickly admit the existence of a problem, define your role in it, and adopt a plan of action to reduce (or completely eliminate) the likelihood of it occurring again. According to one Forbes columnist, someone who accepts responsibility for their acts is accountable.
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Correct question:
Which two actions best demonstrate taking responsibility?
a) being answerable for extra work an employer gives
b) participating in self-improvement activities
c) being accountable for one's actions
d) working with everyone with a positive attitude
e) being loyal to the organization in times of crisis
Supply of a product is likely to go down in which situation?
A. Businesses expect the product's price to rise.
B. New technology makes the product cheaper to produce.
C. Skilled workers join companies that make the product.
D. The government raises taxes on the product.
What amount will you pay approximately each month for a vehicle that cost $16,000 that includes purchase price, sales tax & interest? the vehicle will be financed for 4 years.
The approximate monthly payment for a vehicle that costs $16,000, including purchase price, sales tax, and interest, and is financed for 4 years will depend on the interest rate and loan term.
To calculate the monthly payment, you need to consider the interest rate and the loan term. Let's assume the interest rate is 5% and the loan term is 4 years (48 months). First, calculate the total amount financed by adding the purchase price and the sales tax. If the sales tax rate is 8%, the sales tax amount would be $16,000 * 0.08 = $1,280. So, the total amount financed is $16,000 + $1,280 = $17,280. Next, calculate the monthly interest rate by dividing the annual interest rate by 12. In this case, the monthly interest rate is 5% / 12 = 0.004167.
The approximate monthly payment for a vehicle that costs $16,000, including purchase price, sales tax, and interest, and is financed for 4 years will depend on the interest rate and loan term. Assuming an interest rate of 5% and a loan term of 4 years (48 months), we can calculate the monthly payment using the formula mentioned above. First, we calculate the total amount financed by adding the purchase price and the sales tax. If the sales tax rate is 8%, the sales tax amount would be $16,000 * 0.08 = $1,280. So, the total amount financed is $16,000 + $1,280 = $17,280. Next, we calculate the monthly interest rate by dividing the annual interest rate by 12. In this case, the monthly interest rate is 5% / 12 = 0.004167.
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. an asset for drilling was purchased and placed in service by a petroleum production company. its cost basis is $60,000, and it has an estimated mv of $12,000 at the end of an estimated useful life of 14 years. compute the depreciation amount in the third year and the bv at the end of the fifth year of life by each of these methods: (7.3, 7.4) a. the sl method. b. the 200% db method with switchover to sl. c. the gds. d. the ads.
a. Straight-Line Method: Under the straight-line method, the annual depreciation amount is calculated as follows:
Annual Depreciation = (Cost - Salvage Value) / Useful Life
Annual Depreciation = ($60,000 - $12,000) / 14
Annual Depreciation = $3,429.57
Depreciation in third year = $3,429.57
Book Value at the end of fifth year = $60,000 - ($3,429.57 x 5) = $42,852.15
b. 200% Declining Balance Method with Switch to Straight-Line Method:
Under this method, the annual depreciation rate is double the straight-line rate. The depreciation rate is calculated as follows:
Annual Depreciation Rate = 2 / Useful Life
Annual Depreciation Rate = 2 / 14 = 0.1429 or 14.29%
For the first year, the depreciation amount is calculated as follows:
Depreciation in Year 1 = Book Value at Beginning of Year x Annual Depreciation Rate
Depreciation in Year 1 = $60,000 x 14.29% = $8,574.00
For the second year, the depreciation amount is calculated as follows:
Depreciation in Year 2 = (Book Value at Beginning of Year - Depreciation in Year 1) x Annual Depreciation Rate
Depreciation in Year 2 = ($60,000 - $8,574.00) x 14.29% = $7,238.04
For the third year, the depreciation amount is calculated as follows:
Depreciation in Year 3 = (Book Value at Beginning of Year - Depreciation in Year 1 - Depreciation in Year 2) x Straight-Line Rate
Depreciation in Year 3 = ($60,000 - $8,574.00 - $7,238.04) / (14 - 2) = $2,651.43
Book Value at the end of fifth year = $60,000 - ($8,574.00 + $7,238.04 + $2,651.43 x 3) = $28,838.09
c. General Depreciation System:
Under the GDS method, the cost recovery period for the asset is 14 years. The first-year depreciation rate is 14.29% (double the straight-line method rate), and the second-year rate is 24.49% (double the first-year rate). The third-year rate is 17.49% (80% of the straight-line rate). The depreciation amount and book value are calculated as follows:
Depreciation in Year 3 = Beginning Book Value x Depreciation Rate
Depreciation in Year 3 = $60,000 x 17.49% = $10,494.00
Book Value at the end of fifth year = $60,000 - ($8,574.00 + $7,238.04 + $10,494.00) = $33,693.96
d. Alternative Depreciation System:
Under the ADS method, the cost recovery period for the asset is 12 years. The straight-line method is used to calculate the depreciation amount. The depreciation amount and book value are calculated as follows: Annual Depreciation = (Cost - Salvage Value) / Useful Life
Annual Depreciation = ($60,000 - $12,000) / 12
Annual Depreciation = $4,000.00
Depreciation in Year 3 = $4,000.00
Book Value at the end of fifth year = $60,000 - ($4,000.00 x 5) = $40,000.00
The correct answer is $42,852.15, $28,838.09, $33,693.96, and $40,000.00 is Straight line method, declining method, general depreciation system, alternative depreciation system respectively.
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How do inspectors at air and seaports help protect local ecosystems?
A. They make sure that scientists have proper passports.
B. They make sure that travelers don’t bring new species of plants or animals into an ecosystem.
C. They make sure that travelers are carrying plenty of water.
D. They make sure that planes and ships are on time.
local habitats are safeguarded by inspectors at airports and seaports They ensure that visitors don't introduce novel plant or animal species into an environment.
option B
The primary component of fertilizers used to produce crops in an agricultural field is phosphate. The surface runoff adds phosphate and other minerals to the nearby water bodies. The buildup of these minerals will accelerate the eutrophication process. The term "eutrophication" describes the accelerated development of plants and algae on water's surface as a result of an excess buildup of inorganic minerals like phosphates. Aquatic organisms will perish as a result of this process, which will lower the oxygen content of the water body.
Phosphate levels in the local water supply should be minimal based on the current circumstances to prevent eutrophication. This may be seen by looking at the condition.
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An example of a cost is _____.
revenues
principal and interest on loans
tornadoes
profits
setting a high price relative to the competition or the true cost of a product is referred to as:
Setting a high price relative to the competition or the true cost of a product is referred to as price gouging. This is a practice that is often frowned upon as it is seen as taking advantage of consumers by overcharging them.
Price gouging can occur in situations where there is a high demand for a product and limited supply, such as during a natural disaster or other crisis. In some cases, price gouging may be illegal, and there may be penalties for businesses or individuals who engage in this practice.
As such, it is important for businesses to be mindful of fair pricing practices and to avoid exploiting customers.
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write short notes by Napier bone
Answer:
Napier's bones is a manually-operated calculating device created by John Napier of Merchiston, Scotland for the calculation of products and quotients of numbers. The method was based on lattice multiplication, and also called 'rabdology', a word invented by Napier. Napier published his version in 1617.
what is the searching of trade?
Answer:
shares are traded on a stock exchange
2. The owner of a franchise benefits from brand name recognition, access to professional
and nationwide advertising.
Answer:
True
Explanation:
It is TRUE that the owner of a franchise benefits from brand name recognition, access to professional and nationwide advertising.
This is because the owner of a franchise has various advantages. The advantages include enhanced reputation which covers all the places there is a franchise.
Then there is an increase in management techniques and work practices, including access to national advertising to cover many places and continuous support.