people are more likely to buy a winter coat that is priced at $99.99 than a coat that is priced at $100.00. this is because of:
Answers
People are more likely to buy a winter coat that is priced at $99.99 than a coat that is priced at $100.00 because of a pricing strategy called "charm pricing."
Charm pricing is a marketing technique where a product is priced just below a round number, such as $99.99 instead of $100. The idea behind charm pricing is that consumers are more likely to perceive the price as being lower than it actually is and may be more likely to make a purchase as a result.
This is because consumers tend to process prices from left to right, focusing on the first digit rather than the second or third. So, a price of $99.99 is likely to be perceived as being in the $90 range, rather than the $100 range. Additionally, consumers tend to round prices down in their minds, so a price of $99.99 may be mentally rounded down to $99, making it seem like a better deal.
Overall, charm pricing is a common pricing strategy used by marketers to make their products seem more affordable and appealing to consumers.
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People are more likely to buy a winter coat that is priced at $99.99 than a coat that is priced at $100.00 because of a pricing strategy called "charm pricing." Charm pricing is a marketing technique.
where a product is priced just below a round number, such as $99.99 instead of $100. The idea behind charm pricing is that consumers are more likely to perceive the price as being lower than it actually is and may be more likely to make a purchase as a result. This is because consumers tend to process prices from left to right, focusing on the first digit rather than the second or third. So, a price of $99.99 is likely to be perceived as being in the $90 range, rather than the $100 range. Additionally, consumers tend to round prices down in their minds, so a price of $99.99 may be mentally rounded down to $99, making it seem like a better deal. Overall, charm pricing is a common pricing strategy used by marketers to make their products seem more affordable and appealing to consumers.
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Related Questions
Grace's hourly salary is $16. If grace works more than 40 hours a week, then Grace gets overtime pay at 1 and 1/2 times the regular hourly rate for each hour worked over 40 hours. Last week, Grace worked 42 hours. What was the total pay last week? *
Answers
Answer:
The correct answer is $688
Explanation:
According to the given scenario, the calculation of total pay last week is as follows:
Total hours worked is 42 hours out of which normal hours is 40 and 2 hours is overtime
So,
= 40 hours × $16 + 2 hours × ($16 + $16 ÷ 2)
= $640 + 2 hours × $24
= $640 + 48
= $688
hence, the total pay last week is $688
Why do some auto insurance customers want medical coverage for their
policies?
A. To help find the best hospital to care for people they injured in a
car accident
B. To keep from having to make a co-pay in case of a minor injury
after an accident
C. To avoid having to pay for hospital bills resulting from an accident
they cause
D. To prevent uninsured motorists from suing them for injuries they
cause
Answers
9514 1404 393
Answer:
C. To avoid having to pay for hospital bills resulting from an accident they cause
Explanation:
The purpose of any sort of insurance is to limit or eliminate the policy-holder's liability. Medical insurance in an auto policy pays for medical bills the policy-holder might otherwise be liable for as a consequence of an auto accident.
1) Compare and contrast Disney’s and Pixar’s competitive position and how each creates greater willingness to pay.
2) Are Pixar and Disney better-off with an exclusive relationship, or should they pursue relationships with other companies?
3) If Pixar and Disney were more valuable in an exclusive relationship, is that value realized best through common ownership?
Answers
1) Disney and Pixar are both major players in the animation industry, but they have different competitive positions. 2) Both companies could benefit from exclusive relationships, as it allows them to focus their resources on working together to create high-quality films. 3) If Pixar and Disney were more valuable in an exclusive relationship, common ownership could be a good way to ensure that their relationship remains strong and collaborative.
1) Disney creates greater willingness to pay by leveraging its brand recognition and emotional connection with its audience. People are willing to pay a premium to see a Disney movie because they trust the brand to deliver a high-quality product. Disney also creates a sense of nostalgia and emotional attachment to its characters, which makes people more willing to pay for merchandise and experiences related to those characters. Pixar creates greater willingness to pay through its reputation for producing innovative, high-quality films. Pixar movies are known for their visually stunning animation and compelling storytelling, which makes people willing to pay to see them in theaters. Pixar also has a strong track record of producing box office hits, which gives people confidence that they will be getting their money's worth.
2) Pursuing relationships with other companies could also bring in new ideas, perspectives, and creative talent, which could lead to new and innovative projects.
3) This also requires careful management to avoid conflicts of interest and enable both companies to continue to innovate and grow. Joint ownership could also raise antitrust concerns, as the combined company could have significant control over the animation industry.
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Read the following descriptions. Decide who demonstrates good habits and attitudes.
Michael likes his job. He decides to take a few finance classes so that he becomes better at his job. This will also help in case he wants to transfer to a new position in the same company.
Bryan thinks he has the best job. He thinks he is already doing the best he can and doesn't do anything to improve his skills.
Answers
Answer:
Michael demonstrates good habits and attitude
Explanation:
Michael likes his job and takes the initiative to do better so he can get a new position,however Bryan is very cocky and doesn't try to get better.
An example of a cost is _____.
revenues
principal and interest on loans
tornadoes
profits
Answers
Use the following table to answer the question. Based on this table, what is the market equilibrium price and quantity? $14,75 pizzas $14,85 pizzas $13.40,72 pizzas $14.60,75 pizz
Answers
Market Equilibrium Price and Quantity From the table given, the market equilibrium is at 14.60 and 75 pizzas. Equilibrium quantity is the quantity at which the supply and demand curves intersect. It refers to a situation where the supply of an item is equal to the demand of that item in the market.
It is the market-clearing price, as the quantity supplied by the sellers equals the quantity demanded by the buyers, also called the market-clearing quantity or equilibrium quantity.As per the table, the demand curve indicates that at a price of 14.75, the quantity demanded is 70 pizzas, while the supply curve shows that at the same price, the quantity supplied is 60 pizzas. The difference between the quantity demanded and the quantity supplied is called a shortage, indicating that there are more buyers than sellers in the market.
In the same way, we can see that at a price of 14.85, the quantity demanded is 65 pizzas, while the quantity supplied is only 55 pizzas. This indicates a shortage of 10 pizzas. Hence, the price must increase to find the equilibrium price.At 14.60, the quantity demanded and the quantity supplied are equal, which means there is no surplus or shortage of pizzas in the market, indicating a perfect market equilibrium. At this equilibrium price of 14.60, the equilibrium quantity is 75 pizzas. Hence, the market equilibrium price and quantity are 14.60 and 75 pizzas, respectively.
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As an aspiring entrepreneur, when should you feel most comfortable in investing the resources required to build your product?.
Answers
As an aspiring entrepreneur, you should feel most comfortable investing the resources required to build your product when you have conducted thorough market research and validated your product idea.
Market research is critical to any business success, particularly to startups. Research should be conducted to identify customer needs, analyze industry trends, and understand competition. The research can help you gauge your idea's feasibility, identifying opportunities, and areas of potential risk. After this stage, you should validate your product idea to ensure that it can solve your target market's pain points. Validation can be done through MVP (minimum viable product) testing, surveys, customer feedback, and other methods.
When your idea has passed through the validation process, and you have determined that there is a market demand for your product, you should feel comfortable investing the resources required to build it. You can then develop and launch the product with confidence.
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what can i do if my total in cash account is not the same in credit and debit side?
Answers
Answer:
Consider which items are meant for debit and credit.
Explanation:
The principle of double entry States that for every debit entries, there must be a corresponding credit entries and vice versa. This principle follow suits when preparing ledger accounts and trial balance.
Trial balance is the arithmetrical accuracy of the ledger. Once double entry principle is adhered to, the trial balance must definitely balance.
Where there are differences, check that items which ought to be debited and credited are correctly done. Also check if correct amount is posted like avoiding transposition error.
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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Business Ethics Nine-point Checklist Questions
You own a business in the United States that you have determined needs to move out of the country in order to survive. Choose one of the companies below to complete your quiz.
As you prepare to leave, you need to identify those who are helped (individuals in the new country) and those who are hurt. Next, you need to define your ethical responsibilities to all your shareholders (the individuals in the US).
Choose one of these companies as your company to answer the Business Ethics Checklist.
Apple
IBM
Cisco Systems
Nike
Wal-Mart
What are the facts? Who is affected? Is there an ethical problem? Is it simply right vs. wrong? Is this an ethical dilemma: Right vs. wrong? What resolution principles might be applied? What are your options? Is there a third way? Reflect on why you think this is the best decision? PLEASE SOMEONE HELP ASAP!!!!!!!
YOULL GET 100 POINTS!!!!
Answers
The business Ethics Nine-Point Checklist aids in making ethical decisions. The one for Wal-Mart is as follows:
The background: I'm leaving and I have to identify those who have helped and those who have hurt.The facts? I will be leaving and I have to ensure that my absence does not hurt the company.Who is affected? The company as a whole will be affected if I don't put proper succession plans in placeIs there an ethical problem? Yes. My responsibility within the company is to ensure that the company continues to exist and function legally and separately from my person so that other stakeholders (staff and investors) are not put at a disadvantage.Dilemma? The dilemma only exists if the solution to my absence is such a difficult one. The conflict is between my personal interests and that of the company.What resolution principles may be applied? Succession planning and change management is crucial in this case.Is there a third way? Yes. The third way would be to reexamine the reason why I want to leave in the first place and see if there is a possible solution to thatWhat is the best decision? This would be dependent on a lot of subjective factors.What is ethics?Ethics, often known as moral philosophy, is a philosophical field that "involves systematizing, defending, and advocating conceptions of good and bad action." The field of ethics, like aesthetics, is concerned with considerations of worth; together, these subjects compose the branch of philosophy known as axiology.
The Fundamental Ethics Principles The four ethical principles are beneficence, nonmaleficence, autonomy, and justice.
Ethics is what motivates us to speak the truth, honor our promises, and assist those in need. On a daily level, an ethical framework underpins our lives, assisting us in making decisions that have a good influence and directing us away from unjust consequences.
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After a presentation is created, there is nothing left to do.
True
False
Answers
Answer:
false
Explanation:
Posttest
Your boss called you inta meeting this morning to tell you that he feels that you are not being as productive as you could be. He thinks you are wasting time on things that don't matter. What is the best strategy to address his concerns and to help you overcome whatever productivity issues you may have?
Answers
Approach your boss's concerns with an open mind, being transparent about your work activity, taking ownership of your progress, setting goals and deadlines, prioritizing your work, and using productivity tools can help to address any productivity issues you may be facing.
Tips that may help you approach the conversation with your boss in a productive manner:1. Listen carefully to your boss's concerns: Your boss's feedback is valuable, and it's important to listen to what they have to say about your productivity. Make sure to fully understand their concerns before responding.
2. Be transparent about your work:- Provide your boss with a detailed account of your work activities so that they can get a better sense of what you are spending your time on.
3.Take responsibility for improvement: As an employee, it's important to take ownership of your productivity issues and find solutions to any weaknesses that have been identified. Instead of blaming external factors, focus on what you can do differently to become more efficient and productive.
4. Set clear goals and deadlines: Work with your boss to set specific goals and deadlines for your work. This will help you stay focused and give you a clear sense of what you need to accomplish each day.
5. Prioritize your work: There are always going to be distractions and competing demands on your time, but it's important to prioritize your work based on what is most important and what will have the greatest impact on achieving your goals.
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question one please. thank you
Answers
Answer:
companies like Nike Inc have mission statements to attract the attention of the public .. thereby making it more easy to sell their products in the market
explain advertisement
Answers
Answer: Advertisement is a marketing communication. It is used to promote businesses and their products. Used to promote more effectiveness in a businesses profit and their sales. May be seen in the form of commercials or billboard announcements in everyday life.
examples of publicly traded companies that have little or no self-orientation?
Answers
Publicly traded companies that have little or no self-orientation are companies that are dedicated to providing value to their stakeholders. Such companies are typically customer-focused and aim to meet the needs of their customers while also balancing the interests of their employees and shareholders.
Examples of publicly traded companies that have little or no self-orientation include the following:
Amazon: Amazon is a customer-centric company that is dedicated to providing a seamless online shopping experience for its customers. The company has a reputation for offering fast delivery times, competitive prices, and high-quality products and services.
Apple: Apple is another customer-focused company that is committed to providing innovative products and services that meet the needs of its customers. The company is known for its sleek and stylish designs, user-friendly interfaces, and high-quality products.
Walt Disney: Walt Disney is a company that is dedicated to providing high-quality entertainment for its customers. The company's products and services are designed to appeal to people of all ages, and its theme parks, movies, and other offerings are known for their quality and attention to detail.
Microsoft: Microsoft is a company that is committed to providing innovative products and services that meet the needs of its customers. The company's products and services are designed to be user-friendly and accessible, and it is known for its commitment to developing cutting-edge technology that enhances people's lives.
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Typically, what percentage of the home cost should you have available for a down payment?
Responses
5%
25%
30%
50%
Answers
You can put down up to 50% of the total cost of the property if you have the necessary funds and your financial situation permits it.
Further more you can also.
Even 80% of the property's value is acceptable if you so choose. Everything depends on you and the amount of financial responsibility you are willing to take on. The greater the down payment you make, the less debt you are required to pay.
Now, speaking generally, the bank or an NBFC, depending on which one you choose to apply to for a home loan, will only lend up to 80% of the actual worth of the property. In exceptional circumstances, the lender might provide 85% finance, but not acent extra on top of that.
Therefore, it is abundantly evident from the calculations that you must put down at least 15-20% of the property's value.
In light of the actual worth of the property, you should correspondingly determine the down payment. I'm assuming that your property is worth somewhere between 35 and 37 lakhs based on the loan statistics you provided. That means your down payment will need to be at least 7-8 lakh.
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Need Help ASAP
List three (3) examples of workplace documents?
Answers
Answer:
Messages, memorandums, minutes and agendas are usually workplace documents that are prepared for internal use. That is, these documents are only used and read by people inside your organisation
Explanation:
which type of company has three categories of inventory? A) A merchandising company B) A service company
C) A manufacturing company D) All of these companies
Answers
The type of company that has three categories of inventory is a manufacturing company.
Therefore the answer is C.
Manufacturing companies produce goods and typically have raw materials, work-in-progress inventory, and finished goods inventory. Raw materials are the materials that will be used to produce the finished product, work-in-progress inventory is partially completed products, and finished goods inventory is the final product that is ready to be sold.
Merchandising companies, on the other hand, buy and sell goods without any further processing, so they generally only have one category of inventory - finished goods. Service companies do not typically have inventory, as they provide services rather than physical products.
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what would you type into the command line to learn what an index is
Answers
To learn what an index is in the command line, you could type "man index" or "index --help" depending on the specific program or tool you are using.
To learn what an index is, you can use the "man" command in the command line, followed by the term you're looking for. In this case, you can type:
```
man index
```
This command will display the manual page for the term "index" if it exists, providing a concise and informative explanation. Keep in mind that the "index" term should be available as a command or a relevant entry in the manual pages.
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Why is cloud important to Accenture?
Answers
Accenture has created new business value while achieving the safe, scalable, and responsive benefits that cloud computing offers. It has also enabled digital services and experiences. We can now accelerate the development of the newest cloud capabilities.
Accenture IT infrastructure runs in the hybrid cloud and is costing significantly less than our legacy delivery models.
Accenture has everything it needs to operate in the cloud. Our systems, including all new apps, are cloud-hosted, from Finance to HR, Marketing to Legal. By identifying the governance, standards, and adoption that help direct our local and regional offices around the world, we saved more than US$20M between 2015 and 2018. A further US$2M in cost savings, as well as the advantages of faster performance and sustainability, have been realized in 2020 as we continue our cloud native evolution.
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What does a good credit history do for consumers?
A. It helps them reduce their housing costs.
B. It allows them to get debit cards,
C. It makes it easier for them to get loans.
D. It keeps prices low.
SUBMIT
Answers
Answer:
C. It makes it easier for them to get loans.
Explanation:
Credit history shows how reliable a borrower is in repaying loans. A good credit history indicates that a person pays their debts on time. A customer with a good credit history manages their income and debts properly and is considered a low-risk borrower.
Lenders are always willing to offer credit facilities to customers with a good credit history. They view them as less likely to default on their debts.
The return on assets for your small business was 11.2% last year and 12.6% this year. your return on assets:____
Answers
The return on assets for your small business was 11.2% last year and 12.6% this year. your return on assets: improved.
What is return on assets?Return on assets can be defined as a percentage or ratio that help to show how well a company is doing as to whether they are making profit or making loss from their assets.
Return on assets calculated using this formula
Return on assets =Net income/Total assets
Since the return on assets for the business was previously 11.2% in which this year it was 12.6% this means that the business is profitable and has improved due to the increase in percentage which is 1.4% (12.6%-11.2%).
Therefore the return on assets for your small business was 11.2% last year and 12.6% this year. your return on assets: improved.
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When you put a check you received in the bank, you have immediate access to the money.
True or False.
Answers
Answer:
this is true hope this helps
Explanation:
Uber is considering adding a service to their current offering. Instead of picking up people and taking them to their destination, Uber is thinking about adding a local pickup and delivery service for things such as documents, packages, and food products. With Walmart now offering pickup grocery service, a person could order and have Uber actually do the pickup and delivery. Focus groups indicate that there is a potentially large demand for this service. Before introducing this across the Uber system, Uber has chosen to try the service out in Phoenix and St. Louis. The pickup and delivery service is in the_________ stage of the new-product development.
Answers
Answer:
test market
Explanation:
From the question, we are informed about Uber who is considering adding a service to their current offering. Instead of picking up people and taking them to their destination, Uber is thinking about adding a local pickup and delivery service for things such as documents, packages, and food products. With Walmart now offering pickup grocery service, a person could order and have Uber actually do the pickup and delivery. Focus groups indicate that there is a potentially large demand for this service. Before introducing this across the Uber system, Uber has chosen to try the service out in Phoenix and St. Louis. In this case, The pickup and delivery service is in the test market stage of the new-product development.
In domain of marketing, A test market can be regarded as a geographic region as well as demographic group that is utilized in guaging of the viability of a particular product/service in the mass market before porting to a wide scale roll-out.
If you are offered a job that you researched through the OOH, your employer must pay you the average salary described in the Department of Labor document.
True
False
Answers
False.
The salary for a job offer may be different from the median pay listed in the OOH.
The Occupational Outlook Handbook (OOH) is a publication of the U.S. Department of Labor's Bureau of Labor Statistics, which provides information on various occupations, including job duties, education and training requirements, and median pay. However, the OOH provides only general information and the median pay listed is not a guarantee of what a particular employer will pay for a specific job.
The salary for a job is usually determined through negotiation between the employer and the employee. Employers may consider a range of factors when determining the salary for a particular job, such as the candidate's experience and qualifications, the company's budget, and the job market in the area. Therefore, the salary for a job offer may be different from the median pay listed in the OOH.
It's important to research the median pay and other information about a job through the OOH or other sources as part of your job search, but it's also important to be aware that actual salaries may vary based on several factors.
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Commodity brokers use forward and futures contracts for which of the
following reasons?
A. The raw, unprocessed nature of commodities means that there is
always a third party to any commodity-purchase contract.
B. The riskiness of commodity production means that many
commodity producers go bankrupt before harvest time.
C. The seasonal nature of many commodities would lead to wide
variations in supply and price without these contracts.
D. Commodities come from many different countries with very
different currency exchange rates.
Answers
Answer: The seasonal nature of many commodities would lead to wide
variations in supply and price without these contracts.
The correct option is C.
Commodity brokers use forward and futures contracts for the seasonal nature of many commodities would lead to wide variations in supply and price without these contracts.
What does a commodity broker do?
A commodity broker is a firm or an individual who executes orders to buy or sell commodity contracts on behalf of the clients and charges them a commission. A firm or individual who trades for his own account is called a trader. Commodity contracts include futures, options, and similar financial derivatives.
How do commodity brokers make money?Compensation for commodity brokers is often on a commission basis. They receive a percentage of the gross commissions from the trades placed by their customers. Commissions are fees for the execution of buying and selling orders. Some commodity brokers are highly successful.
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low inflation is a sign of?
Answers
Answer:
usually signals demand for goods and services is lower than it should be, and this tends to slow economic growth and depress wages.Jun
Explanation:
Why can communicating with someone with a different background than yours present challenges?
Answers
Which demographic groups does Women in Motion serve?(keep it clear and short)
Answers
The demographic group Women in Motion serve is Women who are all talented and Young giving in their best contribution to Cinema.
What is demographic?
Demographic is referred to defining a set of populations based on the characteristics like age, gender, social status, education, qualification, and so on.
"Women in Motion" has referred to a kind of award which was given to effective young female personalities who are raising the position of women in society and providing a contribution to their growth.
The event has emerged as a go-to platform for starting discussions and influencing perceptions around the representation of women in the arts and entertainment industries.
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Which of the following is NOT an organization to protect consumers?
The American Red Cross
The U.S. Food and Drug Administration
Federal Trade Commission
Better Business Bureau
Answers
Answer:
It might be D- whic