Charlie researched affordable leggings online, reading reviews, and visiting a sporting goods store to better assess their quality. He is willing to go to several stores to find desirable quality and price. The leggings are an example of a product option b specialty products.
Specialty products have special unique features which are made for a target group of consumers. Their special features address the unique solutions that are required by the particular group of customers. These products are created to drive more sales in specific requirements of the customers. Specialty products use marketing techniques to create brand awareness regarding the unique characteristics of their products.
These specialty products could range from luxury products to automobile parts. For instance, selling perfume with unique notes is not for all customers. It is for a target group only which appreciates such fragrances. Another instance is that a company produces special silencers for bikes. They are not producing bikes but just an upgrade of special parts which customers can use to upgrade their experience.
Charlie's leggings are athletic ones for which he needs quality and value for money. Therefore, to look for a specialty product he is searching thoroughly.
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Would workers who formerly worked in agricluture find it easy to obtain jobs in the secondary or tertiary sector of industry? explain your answer
Because agriculture is the sector that requires the greatest manpower. In the secondary and tertiary sectors, people might find simple labor-related occupations.
Is agriculture seen as a secondary industry?The jobs in the primary sector include mining, forestry, farming, and fishing. The secondary sector includes jobs in manufacturing, which includes the production of steel and vehicles. Tertiary vocations include teaching, finance, and banking, for example.
Why do individuals go from the primary to secondary sector?More products made in factories at low prices started to be used by people. The secondary industry rapidly overtook the primary sector in terms of employment and overall production. Consequently, a change has developed over time. This indicates that the sectors' relative importance had altered.
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The best way to determine whether someone may be lying is to look for:Select one: a. inconsistencies in nonverbal cuesb. rapid speech ratec. stuttering or stammeringd. rapid eye movement
When it comes to detecting lies, there are several factors that one should consider. While many people believe that nonverbal cues are the best indicators of deception, recent studies have shown that relying solely on nonverbal cues may not be the most reliable way to detect lies. Instead, researchers suggest that a combination of verbal and nonverbal cues may be more effective in detecting deception. So, Option A,B,C,D are correct.
One way to determine whether someone may be lying is to look for inconsistencies in their story or their behavior. For example, if someone claims to have been at work all day but their clothes are dirty as though they have been doing physical labor, this may be an indication that they are lying.
Another indicator of deception is a rapid speech rate. People who are lying may speak quickly in an effort to get their story out before they are caught. They may also hesitate or stumble over their words as they struggle to come up with a believable story.
Stuttering or stammering can also be a sign that someone is lying. When people are lying, they may experience anxiety or nervousness, which can cause them to stumble over their words or repeat certain phrases.
Finally, rapid eye movement can also be an indicator of deception. People who are lying may avoid eye contact or blink more frequently than usual in an effort to avoid detection.
In conclusion, while nonverbal cues can be helpful in detecting lies, it is important to also consider verbal cues and inconsistencies in behavior or story. By paying attention to these various indicators, you may be better able to determine whether someone is being truthful or not. So, Option A,B,C,D are correct.
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a firm with market power engages in price discrimination to
A firm with market power engages in price discrimination to maximize its profits by charging different prices to different customers based on their willingness to pay.
This practice allows the firm to capture a larger portion of consumer surplus and extract more value from its customers. Price discrimination can take various forms, such as first-degree, second-degree, or third-degree price discrimination, depending on the extent to which prices are personalized.
By segmenting the market and setting different prices for different customer groups, a firm can increase its revenue and potentially exploit its market power to maintain a competitive advantage.
Price discrimination refers to the practice of charging different prices for the same product or service to different customers or market segments.
A firm with market power, which possesses the ability to influence prices and output in a market, can engage in price discrimination to extract additional consumer surplus and increase its profits.
This strategy relies on the understanding that different customers have different levels of willingness to pay for a product or service.
By identifying these differences and segmenting the market accordingly, the firm can set higher prices for customers with a higher willingness to pay, while offering lower prices to customers with a lower willingness to pay.
This allows the firm to capture a larger share of the total consumer surplus and maximize its revenue. Price discrimination can be achieved through various methods.
Such as personalized pricing, quantity discounts, or offering different versions or bundles of a product at varying price points. Overall, price discrimination enables a firm with market power to leverage its position and optimize its pricing strategy to enhance profitability.
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The major features of the U.S. free enterprise system include:
A. restrictions on the types of available consumer goods.
B. economic decisions made mainly to promote fairness.
C. limited competition between a small number of companies.
D. limits on the government's role in the economy.
ASAP !!!
Answer:
D. limits on the government's role in the economy.
Explanation:
Free market enterprise refers to the economic model where demand and supply forces determine the products and services in the market and their prices. In this model, sellers have the freedom to select what business they want to start. Buyers have the option of picking their preferred products or services from many competing suppliers.
In a free market enterprise like the USA economy, the government's role is limited to regulation. The government may get involved in the provision of essential services and public goods. To a large extent, the free market economy is in the profit-motivated, private sector.
Answer: D. Limits on the governments role in the economy
Explanation: I just took the test on a pe x
Match each concept in Column A with an example in Column B. Column A Column B a. Substitute goods 1. Price and quantity along the supply curve b. A nonprice determinant of demand 2. Tea and coffee c. A nonprice determinant of supply 3. A change in technology d. Mark-up pricing 4. Hunger e. Positive relationship 5. Shoes and shoelaces f. Negative relationship 6. Consumer income g. Inadequacy 7. Price and quantity along the demand curve 24 h. Complementary goods 8. Setting price equal to cost plus 20 percent
Answer:
a. Substitute goods - Tea and coffee
b. A nonprice determinant of demand - Consumer income
C. A nonprice determinant of supply - A change in technology
D. Mark-up pricing - Setting price equal to cost plus 20 percent
E. Positive relationship - Price and quantity along the supply curve
F. Negative relationship - Price and quantity along the demand curve
G. Inadequacy - Hunger
H Complementary goods - Shoes and shoelaces
Explanation:
Substitute goods are goods that can be used in place of another good.
if the price of a good increases, the demand for the substitute increases and if the price of the good reduces, the demand for the substitute increases.
Complementary goods are goods that are consumed together
The demand curve is a curve that shows the relationship between price and quantity demanded. The demand curve is negatively sloped because the higher the price, the lower the quantity demanded. This is in line with the law of demand.
Only a change in the price of a good leads to a movement along the demand curve of that good. Also, only a change in the price of the good would lead to an increase or decrease in the quantity demanded of that good.
Other factors other than the change in the price of the good would lead to a shift of the demand curve. Some of those factors include :
1. a change in consumers' expectation
2. a change in the taste of consumers
3. a change in income
There is a positive relationship between price and the quantity supplied. This accounts for why the supply curve is positively sloped.
A change in price of a good leads to a movement along the supply curve and not a shift of the supply curve.
Other factors other than a change in the price of the good would lead to a shift of the supply curve. Such factors include :
1. A change in the price of input
2. A change in the number of suppliers
3. Government regulations
4. Technological changes
The international agency that administers trade agreements, facilitates trade negotiations, and helps to resolve trade disputes, is
_____________are expenses incurred when a customer stops buying a product or service from one business and starts buying it from another.
Answer:
Switching cost
Explanation:
Switching costs are the costs when the consumer paid for switching the brands or products. It can be in terms of effort based, time based, etc
It can employ the high switching cost in order to protect the customers from shifting to the another brand
Therefore the switching cost should be considered
blake has just written an e-mail message to his colleagues. before sending it, he wants to make sure that it has high skim value. in doing so, he is checking . a. format b. clarity c. punctuation d. conciseness
The correct option is a. While writing the email Blake will be checking the format of the email.
The exchange of communications using electronic devices is known as electronic mail. Thus, during a time when mail primarily referred to physical mail, email was conceptualised as the electronic equivalent of or counterpart to mail. Later, email spread like wildfire as a means of communication, to the point where it is now commonly accepted that having an email address is a fundamental requirement for many activities in business, marketing, government, schooling, entertainment, and other areas of daily life in most developed nations. The medium is email, and each message transmitted through it is referred to as an email. It also has a particular format.
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when a person intentionally deceives another person or company for personal gain, this is referred to as
Which of these producer activities did you participate in this week? Check all that apply.
U
I served people at a restaurant, hotel, coffee shop, or other business.
I worked in a bank, library, or retail store.
I created art to be sold in an art show
I made a product
I did yard work or other chores for pay.
Answer:
2nd and 4th
Explanation:
Answer:
2 and 4
Explanation:
Q2 Pop-up/One-night-stand pretotying is:
A:Electric car renting company rents a few cars first to test the market before committing to a large-scale purchase
B:Faking the ‘supplementary’ elements that may be essential to the success of the innovation
C:Sneaking a product into someone else’s existing sales environment where similar products are normally purchased to see if people will be interested enough to buy it
D:Providing the full suite of the proposed innovation but only for a short time period to save on costs required to establish long term presence
Q3The following business functions are directly involved in the product launch process, except:
A:Marketing
B:Production
C:Logistics
D:All of these options are directly involved in the launch process
Q4 Which of the followings is not the element of a marketing communication launch plan?
A:Result of the pre-test of innovation idea
B:Objectives of the launch campaigns
C:Situational analysis and USPs (PoPs PoDs)
D:Target audiences detailed description
Q2. Pop-up/One-night-stand pretotyping is: C: Sneaking a product into someone else’s existing sales environment where similar products are normally purchased to see if people will be interested enough to buy it.Pretotyping is a method of quickly assessing whether a concept is a good fit for the intended audience before putting a lot of effort into developing it. One-night stand Pretotyping or pop-up pretotyping is a term used to describe a kind of Pretotyping. It entails developing a convincing illusion of a product or service and then "pre-selling" it to customers before actually creating it.
Q3. The following business functions are directly involved in the product launch process, except:D: All of these options are directly involved in the launch process.Business production, marketing, and logistics are all key functions in the product launch process. The launch process is an orchestrated effort that necessitates coordination and communication across several functions within an organization.
Q4. The followings is not the element of a marketing communication launch plan A: Result of the pre-test of innovation ideaThe launch plan for a new product or service should include a situation analysis, target audiences detailed description, objectives of the launch campaigns, and USPs (PoPs PoDs). These elements assist in creating an effective marketing communications plan. However, the result of the pre-test of innovation idea is not an element of a marketing communication launch plan.
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The Army uses aircraft simulators to train helicopter pilots, which decreases fuel consumption, helicopter maintenance, storage requirement, and air traffic control congestion. It also improves safety. This is an example of
(A) scientific management.
(B) administrative management.
(C) operations management.
(D) behavior perspective.
(E) classical perspective.
Army's use of aircraft simulators for helicopter pilot training is an excellent example of operations management.
Operations management is the field of management that focuses on designing, controlling and improving the production process to meet the customer's needs.
The main idea behind using simulators is to reduce the amount of actual flight time required for the pilots, which in turn reduces the consumption of fuel, the need for helicopter maintenance, and the amount of storage space required. This is because the simulators can recreate the flight environment without the need for an actual helicopter to be in the air.
Additionally, simulators also help to reduce air traffic control congestion. Congestion refers to the situation in which too many aircraft are trying to use the same airspace at the same time, leading to delays and increased risk of accidents.
By reducing the number of actual flights required for training, the simulators help to reduce the overall demand for airspace, leading to less congestion and improved safety for all aircraft.
To put it in mathematical terms, we can use a simple formula to calculate the reduction in fuel consumption:
Fuel consumption = Total flight time x fuel consumption rate
By reducing the total flight time required for training, the simulators help to reduce the amount of fuel that is consumed.
The best answer is (C) operations management.
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If you are interviewed by more than one person, you should send a thank-you note to _____.
each person in the interview
each person you see in the building
the first person you are introduced to
the person who is obviously leading the interview
Answer:
option A is correct.
i.e.
each person in the interview.
Explanation:
Because thank-you letter provides a simple but effective way to express gratitude to all the individuals you met with.
The Law of Demand states that as...
A. As prices increases Quantity demand increases
B.As price increases quantity demand decreases
C.Price changes have no effect on quantity
D.Price changes shift the demand left or right
Answer:
b is ur answer
Explanation:
Answer:
A
Explanation:
The more people want something the more valuable it is. Like when new shoes or the new PS or Xbox are released are cases of Law of Demand
this year andrews achieved an roe of 7.3%. suppose next year the profit margin (net income/sales) decreases. assuming sales, assets and financial leverage remain the same next year, what effect would you expect this action to have on andrews's roe?
This year Andrews achieved a roe of 7.3%. the profit margin decreases and all other factors remain the same, Andrews' ROE will also decrease.
What is the expected effect?Generally, If the profit margin decreases next year, then Andrews' net income will also decrease, all else equal. Since the ROE (return on equity) is calculated as net income divided by shareholder equity, a decrease in net income will also lead to a decrease in the ROE.
Therefore, if the profit margin decreases and all other factors remain the same, Andrews' ROE will also decrease.
It's worth noting that the ROE can be influenced by a variety of factors, including changes in financial leverage (e.g., the use of debt financing), changes in asset utilization, and changes in the efficiency with which the company generates profits. Therefore, it's important to consider all of these factors when analyzing the ROE and predicting how it may change in the future.
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A company's ____________ is the percentage of the total target market for the product that belongs to the company. A. Market saturation B. Market share C. Brand image D. Market information Please select the best answer from the choices provided A B C D.
It should be noted that a company's market share serves as the percentage of the total target market for the product that belongs to the company.
Market share can be regarded as the percentage of the total revenue that is been made in a particular market or in a business.
This serves as the amount of money that the company is able to make off the market.
Therefore, option B us correct because company's market share serves as the percentage of the total target market for the product.
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This assignment is NO less than 2 pages of content. APA formatting with citations and reference page. 12 pt font; double-space. 1. Go online and search for project life cycle Identify at least two that are different from the PMI model, and compare and contrast the phases. Be sure to cite your sources in APA format. 2. How does the application of a phased approach to project management vary in different industries? Do you think that the phases work the same in construction as they do in event management or software development?
Project managers in each industry need to apply the approach that works best for their specific needs.
1. Project life cycle is a sequence of steps that starts with the initiation, planning, executing, monitoring and controlling and closure of a project.
Two project life cycles that are different from the PMI model are: Agile Project Management: Agile project management is based on the iterative model, where each iteration includes a small cycle of project execution and evaluation. This process is carried out repeatedly until the final product is obtained.
The difference with the PMI model is that it doesn't have a formal plan because the work is performed in a dynamic environment with changing priorities.
Six Sigma Project Management: The Six Sigma project management life cycle follows five phases, namely, define, measure, analyze, improve and control (DMAIC).
In each stage, the project team focuses on a specific aspect of a problem to determine the root cause, find an alternative solution, test it, and implement it.
2. The application of a phased approach to project management varies in different industries. Some industries apply project management in a more rigid way, while others apply it in a more agile way.
The phases don't work the same in construction as they do in event management or software development because each industry has its own specific needs.
For example, in construction, there is a need to ensure safety regulations are met, and the work is completed according to design specifications.
On the other hand, in event management, there is a need to ensure that the event is well-organized and all requirements are met.
Finally, in software development, there is a need to ensure that the software is tested and implemented without errors.
Therefore, project managers in each industry need to apply the approach that works best for their specific needs.
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An organization wants to form a strategic alliance with another form. The second firm is at the same level along the value chain. It cannot contribute the same level of financial resources, although it can contribute an extensive level of knowledge. In order to accommodate these factors, they decide to start a legally independent firm. Which of the following alliances will be best suited for the organization?
1) An equity alliance
2) A distribution agreement
3) A contractual alliance
4) A joint venture
Answer:
A distribution aggreement will be best suited for the organization.
Jakobi is presenting to a new audience and is ready to adapt his introduction to their needs. Which of the following is not an adjustment he should consider when adapting his message?
A. Using different technology based on what is available
B. Including more background information
C. Changing his language to reflect his new purpose
D. Determining what his original audience was like
Option D : determining what his original audience was like is the adjustment that Jakobi should not consider when adapting his message.
Why Jakobi adapt his message ?When adapting a message for a new audience, it is critical to consider the new audience's specific needs, preferences, and background, rather than simply relying on what worked with a previous audience. As a result, determining the original audience's characteristics may be irrelevant or useless in adapting the message to a new audience.
Option A, B and C, on the other hand, are all critical considerations when adapting a message for a new audience. Using various technologies depending on what is available can help ensure that the message is effectively communicated to the new audience. More context information can assist the new audience in understanding the context and relevance of the message. Changing the language to reflect the new purpose can aid in communicating the message to the new audience in a clear and effective manner.
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Oscar owns a meat processing plant whose unpleasant odors waft across the city. Because the production of processed meat provides a negative externality to the community, the government should: Group of answer choices impose a tax on Oscar's production of processed meat, since the market quantity is greater than the socially optimal quantity. subsidize Oscar's production of processed meat, since the market quantity is less than the socially optimal quantity. subsidize Oscar's production of processed meat, since the market quantity is greater than the socially optimal quantity. impose a tax on Oscar's production of processed meat, since the market quantity is less than the socially optimal quantity.
Which of the following statements is TRUE?
A. Your portfolio should have a higher allocation toward bonds
and cash equivalents right before you retire.
B. You should try to maximize your investment earnings right
before you retire.
C. Both A and B
D. Neither A nor B
Most people are very willing to help out others with job leads and advice, because at one point, someone helped them
with job leads and advice as well.
Answer:
Yes I agree with you!
Explanation:
which of the following is true of the seniority system of congress in relation to committee leadership and committee staffing?
The dominant party in Congress often elects senior members to serve as committee chairman. Committee chairman in the seniority system of congress in relation to committee leadership and committee staffing?
During the first 50 years of the institution, seniority—the practice of ranking senators according to years of service—became established. The Senate initially had difficulty allocating special status among its members in an equal manner. The Senate had multiple, time-consuming roll-call votes to establish committee assignments in the early 1800s. Additionally, senators temporarily delegated this power to the presiding officer (either the vice president or the president pro tempore). In order to set up committee rosters and elect chairmen, each party conference started taking seniority of Senate service into account in the 1840s, a period of high membership turnover and brief terms in office.
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The person being interviewed is known as:
A. potential employee
B. employee
C. job applicant
D. interviewee
Answer:
D
Explanation:
Workers also have the right to refuse to do a job if they believe in:.
Permanent book-tax differences include ______.
a. $10,000 capital gain from the sale of land held by a business
b. $10,000 of prepaid rental income received on the last day of the tax year
c. $100,000 of organization costs for a new business
d. $50,000 of interest expense associated with the generation of tax-exempt income
if producer a and producer b are the only producers in the market then the market quanittity applied when thr price is $8
Which of the following statements is most likely applicable to this good? a. The good is a luxuery
b. The market for the good is narowly defined c. There are many close substitutes for this good
There are many close substitutes for this good. If producer A and producer B are the only producers in the market and the market quantity supplied when the price is $8 is not specified, we can infer that the market for the good is competitive and has multiple producers.
In a competitive market, it is more likely that there are many close substitutes for the good. When there are many substitutes available, consumers have more options to choose from, which increases competition among producers. Option a, stating that the good is a luxury, cannot be determined from the information provided. The classification of a good as a luxury depends on factors such as consumer preferences and income levels. Option b, stating that the market for the good is narrowly defined, also cannot be determined. The scope of the market depends on various factors, including the characteristics of the good and the target consumer group, which are not specified in the given information.
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How do you make the electron configuration stable?
By sharing valence electrons one can make the electron configuration stable.
The arrangement of an atom's or molecule's electrons in their atomic or molecular orbitals is known as the electron configuration in atomic physics and quantum chemistry. For instance, the neon atom's electron configuration is 1s2 2s2 2p6, which means that 1, 2, and 6 electrons, respectively, are present in each of the 1s, 2s, and 2p subshells.
Each electron moves independently within an orbital while being surrounded by an average field created by all other orbitals, according to electronic configurations. Mathematically speaking, configurations are described by Slater determinants or configuration state functions.
Electronic designs that are filled are more stable. Stable atoms are those with eight valence electrons in the outermost shell. Noble gases have a complete electrical arrangement in the periodic table. Since fully filled electrical structures are stable, they tend to be attained by every atom. Atoms absorb or lose electrons to do this.
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The role of the Australian Securities and Investments Commission is to:
I. enforce and administer the Corporations Act.
II. make information about companies and other bodies available to the public as soon as practicable.
III. issue accounting standards for reporting entities.
IV. maintain, facilitate and improve the performance of the financial system and entities in it.
Select one:
a.
I, II, III and IV.
b.
I, II and IV only.
c.
II and III only.
d.
I, III and IV only
The correct answer is b) I, II, and IV only.
The role of the Australian Securities and Investments Commission (ASIC) is as follows:
I. Enforce and administer the Corporations Act: ASIC is responsible for enforcing and administering the Corporations Act, which is the primary legislation governing companies and financial markets in Australia. ASIC ensures compliance with the regulations and takes action against any breaches or misconduct.
II. Make information about companies and other bodies available to the public as soon as practicable: ASIC is responsible for collecting, maintaining, and providing access to information about companies, financial products, and other regulated entities. This information is made available to the public to promote transparency and enable informed decision-making.
III. Issue accounting standards for reporting entities: This responsibility is not directly handled by ASIC. The Australian Accounting Standards Board (AASB) is the body responsible for issuing accounting standards in Australia. ASIC may, however, provide input and guidance on accounting and financial reporting matters.
IV. Maintain, facilitate, and improve the performance of the financial system and entities in it: ASIC plays a significant role in maintaining and improving the performance and integrity of the financial system in Australia. It works to promote fair and efficient financial markets, protect consumers, and enhance investor confidence.
Therefore, the correct answer is b) I, II, and IV only.
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Identify an accurate statement about behavioral targeting. Multiple choice question. It has made it harder for firms to target smaller segments. It focuses on larger markets rather than market segments. It has enabled firms to target large market segments for the first time. It makes individualized communication more cost effective.
The statement "It makes individualized communication more cost effective" is an accurate statement about behavioral targeting.
Behavioral targeting is a marketing process where companies use user information of uses to appeal to the public and make advertisements based on their interests. This is a marketing ploy used by businesses to make advertisements accordingly.
Behavioral targeting is done by tracking the online activity of consumers and making advertisements related to their browsing history. For instance, the ads that we see on different sites are based on whatever we browse on online shopping sites. This is how companies or servers use our browsing history, web searches, purchases, or even frequented sites to try to appeal to our interests. In this regard, behavioral targeting makes individualized communication more cost-effective.Behavioral targeting is when consumers are targeted based on their web searches and purchasing history by using this information to show ads related to such activities. Thus, the correct answer is the fourth option.
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