ang co. manufactures and sells a single product that sells for $580 per unit; variable costs are $319 per unit. annual fixed costs are $958,500. current sales volume is $4,330,000. compute the current margin of safety in dollars.
Answers
If current sales volume is $4,330,000, the current margin of safety for Ang Co. is $656,464.
Margin of safety is the difference between the actual or expected sales and the break-even sales. It shows how much sales can decline before the company incurs a loss.
To calculate the margin of safety in dollars, we need to first calculate the break-even point in dollars.
Break-even point (in dollars) = Fixed costs / Contribution margin per unit
Contribution margin per unit = Selling price per unit - Variable costs per unit
Contribution margin per unit = $580 - $319 = $261
Break-even point (in dollars) = $958,500 / $261 = $3,673,536
Current sales volume is $4,330,000, which is greater than the break-even point. Therefore, the margin of safety in dollars can be calculated as:
Margin of safety (in dollars) = Current sales - Break-even sales
Margin of safety (in dollars) = $4,330,000 - $3,673,536 = $656,464
This means that sales can decline by up to $656,464 before the company starts incurring losses.
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Related Questions
When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
Answers
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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Neil got mostly high marks on his last performance review. The needs improvement section read: needs to run ideas by co workers in advance. Could improve his relationships with other employees through better communication on roles for projects. What does neil need to work on?
Answers
Neil got mostly high marks on his last performance review. The needs improvement section read: needs to run ideas by co-workers in advance. Could improve his relationships with other employees through better communication on roles for projects. It has both rational and emotional components. Job satisfaction gives motivation to employees to work more.
Communication may be categorized into 3 primary types: (1) verbal communique, in which you concentrate on someone to understand their means; (2) written verbal exchange, in which you read their means; and (3) nonverbal verbal exchange, in that you study someone and infer that means. verbal exchange is a two-way system involving the following elements: a sender, a message, a medium, a channel, a receiver, a response, and remarks. but, it isn't enough to have just a majority of these elements; there must be cooperation and information between the 2 events concerned.
Everyone has a completely unique conversation style, a manner in which they interact and alternate statistics with others. There are four simple communique styles: passive, competitive, passive-aggressive, and assertive. it is essential to understand each communication style, and why individuals use them.
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A brokerage sold a property for $250,000. Six percent was paid on the first $100,000, 5% on the next $100,000, and 4% on the balance. How much was paid altogether
Answers
Answer:
is it correct?
let me know In comment section below!
Explanation:
hope you liked it!
Something that serves as a model for others to copy is a
Answers
You are applying to a job after reading the listing on a job board website. The listing requests that applicants email a copy of their resume to the company's recruiter. What's the best way to send your resume?
Answers
The best way to send your resume is to attach your resume to an email message addressed to the recruiter and explain that you are applying for the position in the body of the message. Option (D) is correct.
What is Resume?In order to list their qualifications for a position, job applicants must generate a formal document called a resume. A personalized cover letter that is included with a resume typically conveys interest in a particular position or business and attracts attention to the CV's most crucial details.
Someone is submitting a job application on the board's website. The applicant sends a copy of their resume to the hiring manager of the company while they are listening. The greatest format for introducing oneself is email correspondence. Mentioning the position is a necessary part of conveying information through a resume.
Therefore, Option (D) is correct.
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Your question is incomplete, the complete question is :
You are applying for a job after reading the listing on a job board website. The listing requests that applicants email a copy of their resume to the company's recruiter. What's the best way to send your resume? a. send an email addressed to the recruiter explaining that you are applying for the position in the body of the message, and then copy and paste your resume below your explanation. b. attach your message explaining to the recruiter that you are applying for the position, and copy and paste your resume into the body of the message. c. print out your resume and email the recruiter asking for a mailing address so that you can mail your resume. d. attach your resume to an email message addressed to the recruiter, and explain that you are applying for the position in the body of the message.
Logan has preferences over olives (x1) and ice creams (x2). He prefers to eat them separately bu not together, which is represented by: U(x1, x2) = x1^2 + x2^2
Also suppose his income is $200 and the prices of olives and ice creames are pxq= $1 and px2 = $2, respectively. 1. Is this convex preferences or concave preferences? 2. Solve for the bundle that satisfis the tangency condition. 3. What's the level of utility using the bundle you just solved in Q7.2? 4. Consider spending all of your income on olives (x1). What's the utility from this bundle? 5. Which bundle does Logan prefer between the bundle in Q7.2 and Q7.4? Does the tangency condition lead to the optimal bundle? 6. What's the optimal bundle when price of olives is $3.
Answers
The given utility function U(x1, x2) = x1^2 + x2^2 is a concave utility function because the second-order partial derivatives are positive (U_xx = 2 > 0, U_yy = 2 > 0).
To find the bundle that satisfies the tangency condition, we need to equate the marginal rate of substitution (MRS) to the price ratio. The MRS is given by the ratio of the partial derivatives of the utility function: MRS = MU(x1)/MU(x2) = 2x1/2x2 = x1/x2.
Since px1 = $1 and px2 = $2, we have the price ratio p1/p2 = 1/2. Setting the MRS equal to the price ratio, we get x1/x2 = 1/2.
Substituting x1/x2 = 1/2 into the utility function U(x1, x2) = x1^2 + x2^2, we have U(1/2x2, x2) = (1/2x2)^2 + x2^2 = 1/4x2^2 + x2^2 = 5/4x2^2.
To maximize utility, we need to solve for the optimal value of x2. Taking the derivative of U with respect to x2 and setting it equal to zero, we have: dU/dx2 = 0
d(5/4x2^2)/dx2 = 0
(10/4)x2 = 0
2.5x2 = 0
x2 = 0
Thus, the bundle that satisfies the tangency condition is (x1, x2) = (1/2, 0).
When spending all income on olives (x1), the quantity of olives (x1) that can be purchased is x1 = income/price of olives = $200/$1 = 200. The utility from this bundle can be calculated by substituting the values into the utility function: U(x1, x2) = x1^2 + x2^2 = 200^2 + 0^2 = 40,000.
Comparing the bundles from Q2 and Q4, we have:
Bundle in Q2: (x1, x2) = (1/2, 0) with utility U(x1, x2) = 5/4(0^2) = 0
Bundle in Q4: (x1, x2) = (200, 0) with utility U(x1, x2) = 40,000
Logan prefers the bundle in Q4 because it has a higher utility compared to the bundle in Q2. The tangency condition does not necessarily lead to the optimal bundle.
When the price of olives is $3, the new price ratio p1/p2 = 3/2. Setting the MRS equal to the new price ratio, we have x1/x2 = 3/2.
To find the optimal bundle, we need to solve for x1 and x2. However, without specific income information, it is not possible to determine the exact values of x1 and x2.
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true or false. you are an advertiser and want to understand your audience' characteristics. you are currently running streaming tv and online video ad campaigns. you can use amazon insights to better understand your audiences.
Answers
True. As an advertiser, understanding your audience's characteristics is crucial to creating effective campaigns that resonate with your target market. Amazon Insights can provide valuable data on customer demographics, behaviors, and preferences.
Amazon Insights is a valuable tool that provides detailed information about your target audience, including statistics, interests, and purchase behavior. This tool helps you to analyze your audience's shopping habits, search history, and purchase behavior, which can optimize your ad campaigns and create more effective marketing strategies tailored to your audience's needs and preferences. Additionally, if you are running streaming TV and online video ad campaigns, Amazon Insights can provide you with metrics such as impressions, clicks, and conversions, allowing you to track your campaign's performance and make data-driven decisions to optimize your ROI.
Overall, leveraging Amazon Insights can help you gain a deeper understanding of your audience, leading to more effective campaigns and increased engagement and conversions.
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15pts-- multiple choice!
You want to invest some of the money you have earned from your part-time job. Since you do not have that much money to invest, you are looking for a risk-free option. All you want is to eventually get your money back with a little interest. Which investment strategy would be best for you?
Mutual funds
Stocks
Franchise
Bonds
Answers
Explanation: will allow for a risk free option and to gain money from a little bit of time and money
(not 100% sure on answer but I believe it is bonds)
Mocha Company manufactures a single product by a continuous process, involving three production departments. The records indicate that direct materials, direct labor, and applied factory overhead for Department 2 were $100,000, $125,000, and $150,000, respectively. The records further indicate that direct materials, direct labor, and applied factory overhead for Department 3 were $50,000, $60,000, and $70,000, respectively. In addition, work in process at the beginning of the period for Department 3 totaled $75,000, and work in process at the end of the period totaled $60,000. The journal entry to record the flow of costs into Department 3 during the period for direct materials is:_________.
A. Work in Process--Department 3 100,000
Materials 100,000
B. Work in Process--Department 3 125,000
Materials 125,000
C. Work in Process--Department 3 50,000
Materials 50,000
D. Work in Process--Department 3 70,000
Materials 70,000
Answers
Answer:
C.
Work In Process $50,000 (debit)
Raw Materials $50,000 (credit)
Explanation:
Department Costs
Dep 2 : $100,000 + $125,000 + $150,000 = $375,000
Dep 3 : $375,000 + $50,000 + $60,000 + $70,000 + $75,000 - $60,000 = $570,000
Direct Materials Flow Entry :
Work In Process $50,000 (debit)
Raw Materials $50,000 (credit)
Flows in department 3 must include, $375,000 costs from department 2, direct materials : $50,000 , direct labor: $60,000, and applied factory overhead; $70,000 for Department 3.
What is a deductible and why is it important to know how it affects your finances?
Answers
ANSWER: A deductible is the amount of money that the insured person must pay before their insurance policy starts paying for covered expenses.
Explanation:
The amount you pay for covered health care services before your insurance plan starts to pay. With a $2,000 deductible, for example, you pay the first $2,000 of covered services yourself. A fixed amount ($20, for example) you pay for a covered health care service after you've paid your deductible.
Furniture is an
O asset
O expense
O none of the above
Answers
I hope it helped you
Answer:
Asset.
Explanation:
An asset is a useful or valuable thing or person.
The company's materials price variance for April was $3,000 Favorable. Its materials quantity variance for April was $5,000 Favorable. What does the company use as a standard price per yard of material for its safety suits?
Answers
Answer:
the standard price per yard is $6.25
Explanation:
The computation of the standard price per yard is shown below;
Material quantity variance = Standard Price × (Actual quantity - Standard quantity)
-$5,000 = Standard price × (10,000 - 10,800)
Thereore Standard price = -$5,000 ÷ (-800)
= $6.25
Hence, the standard price per yard is $6.25
We simply applied the above formula so that the standard price per yield could come
A glance up and down the organizational chart shows the horizontal specialization, or the official communication network. ture of false?
Answers
False. The statement is not entirely accurate.
A glance up and down the organizational chart does not specifically indicate horizontal specialization or the official communication network. The organizational chart typically represents the hierarchical structure of an organization, illustrating the levels of authority and reporting relationships. It primarily shows vertical differentiation, indicating the chain of command from top management to lower-level employees.
Horizontal specialization refers to the division of labor within an organization based on specialized tasks or functions. It involves the differentiation of work roles and responsibilities across departments or units. Horizontal specialization is not directly evident by looking at the organizational chart alone.
The official communication network refers to the formal channels of communication that exist within an organization. It includes the established lines of communication through which information flows from top to bottom and vice versa. The organizational chart may provide some insights into the formal reporting relationships, but it does not fully capture the intricacies of the official communication network.
Therefore, a glance up and down the organizational chart does not explicitly reveal horizontal specialization or the official communication network. These aspects require a deeper understanding of the organization's structure, roles, and communication channels.
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Sometimes economists disagree because their scientific judgments differ. which of the following instances best reflects this source of disagreement?
a. One economist belleves that we should have a proportional rather than a progressive tax system; another economist believes that those in the top 5% of income eamers should pay a higher percentage of their income in taxes.
b. One economist believes that the level of household saving would not be affected by a change in the tax laws; another economist believes that taxing a household's consumption would change a household's saving behavior.
c. One economist believes in taxing cigarette manufacturers in order to try to decrease second-hand smoke; another economist believes the government should not intervene in free markets.
d. One economist believes that everyone should be given tree health care, another economist believes that free markets should determine the distribution of health care benefits in a society
Answers
Economics is a social science and every individual scientific judgments differ from each other.
a) in this case when one economist focuses on proportional tax (same tax rate for all the income groups) rather than progressive tax (ratio of the tax that increases with income), the other economist fairly disagree to it and focuses on the higher percentage of taxes from the group of people who are earning more. He supports equality and equity instead of immoral inequalities in case of taking a fair share of taxes from high income group.
b) A large proportion of people would agree with the second notion that tax rates definitely affects the saving patterns of households e.g. if there is a lot of indirect taxes in an economy. People wont be able to save more.
c) The first economist would impose taxes in order to restrict the use of cigarettes' and will try to remove negative externalities from it. The second economist is a strong believer of classical school of thought and would restrict the government intervention.
d) The free market system generates products and services more effectively than any alternative when it is operating properly. It generates strong incentives for innovation and generally makes sure that people's salaries are commensurate with the value they contribute to society through their labor.
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Which of the following would the social security tax pay for? a health insurance b pensions for the elderly and disabled that qualified c vacations d education
Answers
what is spam?
A unauthorized email featuring anonymous threats
B unauthorized email asking for sensitive information
C unauthorized email advertising services and events
D unauthorized email accidentally sent to the wrong address
Answers
Hope this helped
Peter works for HR Associates. He is asked to present a report on the importance of organizational commitment and explain how managers can increase employees' organizational commitment. Create an outline for Peter's presentation.
Answers
Peter can create: a comprehensive and informative presentation that effectively conveys the importance of organizational commitment and provides practical strategies for managers to increase employee commitment.
Peter's presentation on the importance of organizational commitment can be structured in the following outline:
I. Introduction
- Define what organizational commitment is and why it matters
- Provide statistics or research to support the importance of organizational commitment
- Discuss the three types of organizational commitment: affective, normative, and continuance
- Explain the differences between each type and how they impact employee behavior
- Identify the factors that affect an employee's level of organizational commitment, such as job satisfaction, leadership, and communication
- Provide examples and case studies to illustrate how these factors impact employee commitment
- Share specific strategies and techniques that managers can use to increase employee commitment, such as providing opportunities for growth and development, recognizing and rewarding employee contributions, and fostering a positive work culture
- Provide real-life examples of companies or managers who have successfully increased employee commitment through these strategies
- Summarize the main points of the presentation
- Emphasize the importance of organizational commitment for both employees and the organization as a whole
- Encourage managers to prioritize employee commitment in their leadership practices.
By following this outline, Peter can create a comprehensive and informative presentation that effectively conveys the importance of organizational commitment and provides practical strategies for managers to increase employee commitment.
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demand-pull inflation occurs when
A.) the price of goods rises suddenly and extremely fast.
B.) consumers begin purchasing more goods.
C.) producers need more money to make and distribute goods.
D.) the government prints more money and pushes prices up.
Answers
Answer:
i think its b even tho im probbly wrong
Currently, the milk price is 1$/unit and the choco price is 1$/unit.
We can sell chocolate A for 10$ and Chocolate B for 8$. Assume we are planning for the next two years. The milk prices may go up 20% by probability of 40% and may go down 10% by probability of 60%.
The choco prices may go up 30% by probability of 50% and may go down 20% by probability of 50%.
The current demand for A is 1000 units per year. The demand is assumed to stay fix. We have limited budget. Lets calculate the profit we may get from producing any of these chocolates to decide about best option for the next two years (decide about to produce A or B?). The discount rate is k=0. 1.
Hint: assume we have period 0, 1, 2.
decision tree
Answers
The question posed is about making a business decision in a scenario where there are multiple factors that can influence the outcome. In this case, the decision is whether to produce Chocolate A or Chocolate B for the next two years. To make this decision, we need to consider the probability of milk and chocolate prices going up or down, as well as the demand for Chocolate A, which is assumed to be fixed at 1000 units per year. We also need to factor in the limited budget and the discount rate of 0.1.
To arrive at the best option, we can create a decision tree that shows the different possible outcomes based on the various factors. By doing this, we can calculate the profit that we may get from producing each chocolate and decide on the most profitable option. The decision tree will help to simplify a complex decision-making process, making it easier to weigh the risks and rewards of each option. Ultimately, the best decision will be based on a careful analysis of the probabilities and a thorough understanding of the market and consumer behavior.
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Assignment 9
(20 points)
Assignment 9: Marketing
Instructions
Save this file in your course folder, and name it with Assignment, the section number, and your first initial and last name. For example, Jessie Robinson's assignment for Section 1 would be named Assignment1JRobinson.
Type the answers to the assignment questions below. Use complete sentences unless the question says otherwise. You will have more than one day to complete an assignment. At the end of each day, be sure to save your progress.
Review Lesson 4 of the Course Overview for instructions about turning in your assignments.
Assignment Questions
In Section 9, you learned about marketing. Now, you'll apply what you learned.
1. Visit a Web site for a company that sells products online. Then go to that company's corporate Web site. Compare the company's product sales site with its corporate site. Describe at least 3 differences between them. (1-3 sentences. 3.0 points)
2. Choose a well-known company, and describe at least three qualities that you associate with that company or brand. Explain why you associate those qualities with that brand. (1-6 sentences. 3.0 points) TIP: This can be the same company you used in question 1 above, or it can be different.
3. Choose a well-known company, and describe what you think that company's target market is. How can you tell? (1-5 sentences. 3.0 points) TIP: This can be the same company you used in question 1 or 2 above, or it can be different.
4. Describe either a desire-based or fear-based advertisement that you have seen. Explain what desire or fear you think the ad is using. (1-5 sentences. 3.0 points)
5. Choose a well-known company that you are familiar with, and write a customer profile survey that company could give its customers with at least 6 questions that will be useful for that company. (3.0 points)
6. Choose a well-known company that you are familiar with, and explain how that company could use each of the five P's of the marketing mix to achieve its brand image and sales goals. (1-8 sentences. 5.0 points)
Answers
The response 1 is Several differences between products or services and corporate websites exist. One of the differences is that "products or services push their products as the most noticeable thing on the website, while the corporate website pushes their values and ethos as the most visible thing on their website."
The response 1: The product or service websites have places or sections where consumers can order or book for products; the corporate website doesn't have. The corporate websites have a section or place where the snapshot of the team members with their job descriptions is explained, but the product and service website doesn't have this. The response 2: Amazon is well known brand and largest e-commerce site which intends to be most customer-centric company, provide best consumer experience and provide a range of products ranging from A-Z.
The response 3: Ebay does not have a target market, as when you access their sales website, they have products for every age group, baby toys, phones, mobility scooters, etc. The response 4: An example of a desire-based advertisement i have seen is the Galaxy advertisement, where the chocolate is portrayed as a luxury product that is desired by everyone.
The response 5: An example of fear-based advertising is toothpaste advertisements, where they show what could happen if you don’t use their product, which makes you want to buy it.
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Suppose that the market for athletic shoes is initially in equilibrium at point A. Further suppose the demand for athletic shoes increases rapidly during 2020. At the same time, six more firms begin producing athletic shoes. A student remarks that, because of these events, we can't know for certain whether the price of athletic shoes will rise or fall. The student's remarks (that, because of these events, we can't know for certain whether the price of athletic shoes will rise or fall) is
Answers
Answer: Correct. When there is an increase in supply and an increase in demand, the new equilibrium quantity increases but whether the equilibrium price increases or decreases is unknown.
Explanation:
When the demand for the shoes increased, it had the effect of shifting the demand curve to the right. At the same time, with six more firms coming into the market, the supply increased as well which had the effect of shifting the supply curve right as well.
The new equilibrium as a result of these movements will see the quantity increase. However, due to the shift of both the supply and the demand curve in the same direction, it is uncertain if the price will change or not.
The general rule is that if the rise in supply is more than rise in demand then the price will decrease. If they rise by the same amount then price will remain the same. It shows therefore that if both supply and demand rise at the same time, the effect on equilibrium price is unknown.
A production possibilities curve shows the relationship between the production of.
Answers
Answer:
two goods
Explanation:
The Production Possibilities Curve (PPC) is a model used to show the tradeoffs associated with allocating resources between the production of two goods
A 60-year old customer has a 401(k) account with your firm that has $280,000, mainly invested in growth mutual funds. The customer has an elderly widowed aunt who has died, and he estate attorney has contacted him, notifying him that he has been left $100,000 as an inheritance
Answers
Answer:
Money market instruments is the best place for the investment.
Explanation:
Money market instruments are securities that provide businesses, banks, and the government with large amounts of low-cost capital for a short period of time, less than a year. Most of the money market instruments such as treasury bills, commercial papers, certificate of deposits etc provide fixed returns so this money market instrument is considered the best for investing money for good profit.
If you put $7000 in a saving account that earns 2% interest for 10 years, how much will you have in
total in 10 years?
2. If you put $2,000 in a savings account that earns 1% interest for 5 years, how much will you have total
in 5 years?
3. If you put $1500 in a savings account that earns 3% interest for 7 years, how much will you have in
total in 7 years?
4. If you put $2000 in a savings account that earns 1% interest for 15 years, how much will you have
total in 15 ye
Answers
Answer:
1) 56,000
2) 9,950
3) 8,479
4) 25,500
Explanation:
1)20% of 70.000=56.000
2)5% of 10.000=9.950
3)21% of 10.500=8.479
4)15% of 30.000=25.500
Mike owns a skate shop. He is preparing the cash flow statement for his first year of operation. He had a beginning cash balance of $4,800, $103,000 in total cash sales, $3,500 for utilities, $2,600 in loan payments, and $5,500 for marketing cost. What is Mike's ending cash balance?
FORMULA
Ending Cash Balance = Beginning Cash + Cash Inflow – Cash Outflow
Answers
To calculate Mike's ending cash balance, we can use the formula:
Ending Cash Balance = Beginning Cash + Cash Inflow – Cash Outflow
Given the information provided:
Beginning Cash = $4,800
Cash Inflow = Total cash sales = $103,000
Cash Outflow = Utilities ($3,500) + Loan payments ($2,600) + Marketing cost ($5,500) = $11,600
Substituting the values into the formula:
Ending Cash Balance = $4,800 + $103,000 - $11,600 = $96,200
Therefore, Mike's ending cash balance at the end of the first year of operation is $96,200.'
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Discuss the social views that influence our relationship
Answers
Answer:
relationships with others influence how we communicate with them by many different factors. The relationship between people influence the way we interact with them. Giving hugs is generally for people you are close to, although you may shake someone's hand if you are not as close to them
Answer:
well what kind of relationship?
Explanation:
Which of the following best explains why an advertiser should use outdoor advertising?
A. Outdoor advertising offers a low cost per exposure.
B. Outdoor messages are influenced by their environment.
C. Outdoor advertising involves minimal preparation and planning.
D. The audience demographics for outdoor ads are easy to measure.
E. Many locations are readily available for outdoor advertising because of low demand.
Answers
The correct option is A. An advertiser should use outdoor advertising as it offers a low cost per exposure.
Outdoor advertising is a type of advertising that uses media or billboards to reach consumers. It includes posters on buses, subway stations, and on the sides of buildings. Outdoor advertising has many advantages including a low cost per exposure as compared to other advertising mediums. In addition, the location of outdoor advertising can be very influential. Outdoor advertising is also easier to measure and target specific demographics.
Another advantage of outdoor advertising is that many locations are readily available because of low demand. Outdoor advertising has a wide reach and is effective at attracting attention and creating brand awareness. Thus, an advertiser should use outdoor advertising to reach consumers in a cost-effective way.
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if the financial markets are FITB efficient, then laws prohibiting insider trading are unnecessary. group of answer choices semi-strong form historical-form strong-form mild-form weak-form
Answers
In a market with strong form efficiency, all private information (insider information) is fully and fairly reflected in share prices in addition to all prior and publicly available information.
Efficacy of Financial Markets?The important thing to remember is that the investor who values the item the most will end up owning it since he will be willing to pay the highest price. As a result, financial markets are efficient in terms of allocation.
What exactly is an efficient market, and what ramifications do they have for us?Market efficiency is the degree to which current prices accurately represent all pertinent and available information regarding the true worth of the underlying assets. Since all information that is available to traders is already factored into the market price, a truly efficient market makes it impossible to outperform the market.
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What do you think are the advantages of service business to the community
Answers
Answer:
Furthermore, service-based businesses are at an advantage because they can grow into other service offerings. Another critical advantage of service businesses is that they are less susceptible to economic downturns, which can be very common for retail and manufacturing companies.Service industries are an important part of society for a variety of reasons, including: Delivering essential services to the public: Often, service industries provide essential services to the public, such as healthcare, transportation and education.
which of the following statements is true about the operating environment in which operations management functions?
Answers
The correct option is (D) Customers are more demanding.
What is Operation management?Operation management is the management of business operations to increase efficiency. It is a technique for organizing, managing, and planning corporate processes to increase productivity.
What is an Operating Environment?In order to determine how their operations would be impacted, businesses assess their operational environments. This is especially true in a competitive context when an organization's operational success will be determined by the characteristics of the operational environment. The operating environment, also known as the competitive or task environment, is made up of elements in the competitive situation that have an impact on a firm's success in obtaining necessary resources or in successfully promoting its goods and services. The competitive position of the company, the demographics of its clientele, the quality of its relationships with suppliers and creditors, and its capacity to recruit qualified personnel are some of the most crucial of these factors.
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The complete question is: "Which of the following statements is true about the operating environment in which operations management functions?
A) Government regulation is not important for companies.
B) Most organizations do not need to worry about competition.
C) Price is more important than quality.
D) Customers are more demanding."