A company can understand its own ability to meet customer needs by considering its production capabilities and evaluating its own financial condition. These two ways help the company to know how much they can produce and how much they are capable of fulfilling the orders.
What is a company?A company is a legal entity formed by a group of individuals to engage in and conduct business. A company can be structured in many ways, depending on its objectives and purpose. A company has a range of benefits, including the ability to raise capital, obtain liability protection, and provide employees with benefits.
What are customer needs?Customer needs are the desires, expectations, and requirements that consumers have for a product or service. Companies must determine what their customers want and tailor their products or services to meet those requirements. Customer satisfaction is achieved by meeting or exceeding expectations.
Hence the correct option is C and D.
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John Doeber borrowed $150,000 to buy a house. His loan cost was 6% and he promised to repay the loan in 10 equal annual payments. What are John's annual payment amounts?
Answer:
$20,380.16
Explanation:
in order to find the annual payment, we can use the present value of an annuity formula:
present value = annual payment x PV annuity factor
present value = $150,000PV annuity factor (6%, 10 periods) = 7.3601annual payment = present value / annuity factor = $150,000 / 7.3601 = $20,380.16
True or false: When a corporation declares a dividend its Net Income on the income statement is reduced.
When a corporation declares a dividend its Net Income on the income statement is not reduced, therefore the statement is false.
Dividend can be defined as the cash amount that is distributed to shareholders of a company as profit.
The net income on the income does not reduced or decrease when a corporation declares a dividend.
Reason been that dividend is not an expense as they do not have effect on a company net income.
Dividend tend to have majorly have effect on shareholders' equity section of a company statement of financial position.
Inconclusion dividend does not reduce the Net Income on the income statement.
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Question 1 of 10: after analyzing your menu, you find that food sales are $1,200 and beverage sales are $800. Your average gross margin for food and beverage is 67%. Which is more profitable, food or beverage? a) food b) beverage c) they are the same d) can't tell from the data
The gross profit for food is $804, which is higher than the gross profit for beverages, which is $536. Therefore, the answer is option (A) food is more profitable.
To determine which is more profitable between food and beverages, we need to calculate the gross profit for each category. Gross profit is the difference between revenue and the cost of goods sold (COGS), expressed as a percentage of revenue. The formula for gross profit margin is:
Gross Profit Margin = (Revenue - COGS) / Revenue x 100%
Given that the average gross margin for both food and beverages is 67%, we can assume that the COGS for each category is 33% of the sales price. Therefore, we can calculate the gross profit for food and beverage as follows:
Gross Profit (Food) = $1,200 x 67% = $804
Gross Profit (Beverage) = $800 x 67% = $536
Based on this calculation, we can see that food is more profitable than beverages. It's important to note that this analysis is based solely on the given information, and there may be other factors that affect profitability, such as the cost of labor, overhead costs, and other expenses. However, based on the information provided, we can conclude that food is more profitable than beverages.
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what provisions in us audit standards are aimed at improving corporate governance?
The Sarbanes-Oxley Act of 2002, as amended, mandates that the Board create regulations outlining the standards of auditing and related professional practice.
Briefing:-That registered public accounting firms must adhere to when composing audit reports for issuers such as broker-dealers, public companies, and other issuers.
Which three major sets of auditing standards are there?The three categories of general standards, field work standards, and reporting standards are used to organize the 10 standards in the GAAS.
How has the Sarbanes-Oxley Act changed corporate governance in publicly traded companies and the audit profession?Additionally, the Sarbanes-Oxley Act added new guidelines for company auditing procedures. The Act specifies the standards of engagement for corporate audit committees and external auditors, among other obligations, and mandates that public firms hire independent auditors to examine their accounting procedures.
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A short piece of copyrighted music is used in a news story covering the musical artist. Which DMCA provision would MOST LIKELY allow this
A short piece of copyrighted music is used in a news story covering the musical artist. DMCA provision that most likely allows this is Fair Use. The Digital Millennium Copyright Act (DMCA) provides certain provisions that allow for the use of copyrighted material in specific circumstances.
In the case of a news story covering a musical artist, the DMCA provision that would most likely allow the use of a short piece of copyrighted music is the fair use doctrine.
Fair use is a legal principle that permits the limited use of copyrighted material without permission from the copyright holder. It allows for the use of copyrighted works for purposes such as criticism, commentary, news reporting, research, and education.
When reporting on a musical artist, including a short piece of their copyrighted music in a news story can be considered fair use if it serves a transformative purpose, adds value to the story, and does not harm the potential market for the original work.
Using a short piece of copyrighted music in a news story can enhance the audience's understanding of the artist's work and contribute to the overall news reporting.
However, it is important to note that fair use is a nuanced legal concept, and its application depends on various factors, such as the nature of the use, the amount and substantiality of the portion used, and the effect on the potential market for the copyrighted work.
In conclusion, the fair use doctrine under the DMCA is the most likely provision that would allow the use of a short piece of copyrighted music in a news story covering a musical artist.
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As a factor of production, what is capital?
A. an industrial good
B. the natural resources used to create a product
C. the entrepreneur who sees how to make something useful
D. the tangible products made by labor
Answer:
Option "D" is the correct answer.
Explanation:
Labor produces tangible goods, which are referred to as capital. There are production-related man-made items such as machinery, vehicles, and chemicals. That is what sets them apart from commercial products.
Which situations offer examples of banking and related services workers? select three options. anna analyzes loan applicants to decide whether to give them loans. aaron helps customers put money into and remove money from their accounts. jared researches the credit history of people applying for credit. tamara reviews the finances of a business to determine whether it is profitable. raquel helps individuals and companies prepare their tax forms. troy helps a family create a budget to save more money.
Examples of banking and related services workers are;
Anna analyzes loan....Aaron helps customers put money...Jared researches the...What is banking?Banking sweves as the business of protecting money for others, it involves lending if money and generating interest that creates profits .
Therefore, example of banking is when Aaron helps customers put money into and remove money from their accounts.
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Answer:
ANNA, AARON, JARED
Explanation:
A; Anna analyzes loan applicants to decide whether to give them loans.
B; Aaron helps customers put money into and remove money from their accounts.
C; Jared researches the credit history of people applying for credit.
What is redundancy planning?
Planning to take the wordiness out of written policies so they are more understandable
Planning on having extra employees so as not to fall short
Planning to lay off employees
Having a plan to store information in computer systems
Redundancy planning is best described as: planning to lay off employees. The correct option is C.
Redundancy planning refers to: the process of preparing for the potential need to lay off employees due to various factors, such as economic downturns, restructuring, or changes in organizational needs.
Redundancy planning is important for organizations as it helps them ensure a smooth transition during challenging times,
This process involves identifying potential roles or departments that may be affected, developing criteria for selecting which employees will be laid off, creating communication strategies for informing employees, and providing support services such as job search assistance or counseling.
By having a well-thought-out redundancy plan in place, organizations can minimize the negative impacts on both the employees who are let go and those who remain in the organization.
Additionally, proper planning allows organizations to maintain their reputation and ensure that they continue to operate efficiently after the redundancies have taken place.
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Complete question:
What is redundancy planning?
a. Planning to take the wordiness out of written policies so they are more understandable
b. Planning on having extra employees so as not to fall short
c. Planning to lay off employees
d. Having a plan to store information in computer systems
True or false? when creating a budget to repay your student loans, you can save money by paying only the interest.
According to the budget office, Biden's plan to cancel student loans will cost $400 billion. The Congressional Budget Office stated in a report that the cost of the White House's student loan forgiveness plan is an estimate over a 30-year period and will increase the nation's deficit.
Explain about the budget to repay student loans?
Paying more than the required minimum each month is the most effective approach to pay off student debt. The more you put toward your debts, the more you'll save on interest and the faster the sum will be paid off. Use a student loan payoff calculator to determine how quickly you might pay off your debt and how much you would save on interest.
To save money, you can pay your student loans with interest alone. Making these payments prior to graduating, or while deferring repayment, can prevent the addition of thousands of dollars in interest to the balance of your loan.
Since you'll be paying less interest, paying off your private or federal loans early can help you save thousands of dollars over the course of your loan. If you do have high-interest debt, refinancing it will make your money work harder for you.
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researchers suggest that the one factor accounting for many of the successes of global teams is blank . multiple choice question. effective reward and recognition strategies reducing team diversity allowing intergroup conflict hand-off leadership
Researchers suggest that the one factor accounting for many of the successes of global teams is reducing team diversity.
Why should one reduce team diversity?
Researchers have suggested that reducing team diversity is one factor accounting for many of the successes of global teams. In other words, having a more homogeneous team in terms of cultural backgrounds, language, and other similar factors can help global teams to be more effective and successful in their work. However, it is important to note that this conclusion is based on research findings, and the ideal approach to diversity in global teams will vary depending on the context and specific goals of the team and organization.
Striving for a balance between diversity and homogeneity can lead to the best outcomes for global teams. It is crucial to carefully consider the specific context and goals of the team and organization when determining the ideal approach to diversity. In some cases, having a diverse team can lead to more creative and innovative solutions, while in others, a more homogeneous team may be more effective.
Hence, the answer is, "reducing team diversity."
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the principal of a mortgage loan is the
a. down payment minus the closing costs minus the purchase price
b. purchase price plus the closing costs minus the down payment
c. down payment plus the closing costs plus the down payment
d. purchase price minus the closing costs minus the down payment
The down payment less the closing charges less the purchase price is the mortgage loan's principle.
What does a mortgage look like in its simplest form?When you enter into a mortgage with a lender, you give the lender the right to seize the property if they are unable to make the loan amount back plus the interest. You might be able to get a mortgage loan that will enable you buy a new house using the worth of the an existing home as security.
Why do individuals use mortgages?Mortgage loans assist people in financing the purchase of real estate by taking a small portion of the property's overall worth as payment. How Do Mortgages Work A mortgage is a loan used to pay for the upkeep of a home, piece of land, or other kinds of rental properties.
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Which of the following items reflects the active trading life of the security in question?
real risk free rate
maturity risk premium
inflation premium
default risk premium
Maturity risk premium reflects the active trading life of the security in question. Option B is the correct answer.
In order to offset the increased risk of future interest rate changes, a long-term bond often provides a maturity risk premium in the form of a higher built-in rate of return. Higher interest rate risk is associated with longer-term securities due to their longer tenure.
The projected rates of return on longer-term assets are usually higher than rates on shorter-term securities to make up for the additional risk that investors are assuming. The maturity risk premium refers to this. The maturity term establishes the time frame for which investors may recover their initial investments for the majority of securities. Investors must wait longer and longer throughout this period.
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The complete question is, "Which of the following items reflects the active trading life of the security in question?
A. real risk free rate
B. maturity risk premium
C. inflation premium
D. default risk premium"
Why is the allowance method preferred over the direct write-off method of accounting for bad debts?.
The allowance method is preferred over the direct write-off method of accounting for bad debts I'm not hungry, bud. I got too exhausted to sleep right now because we caught the one I saw in my truck yesterday, so I'll just go back to sleep for the time being.
What is accounting?The process of gathering, compiling and reporting information on business and financial transactions. also: this system's guidelines and practices. as a first-year student, I studied accounting: work done in accounting or by accountants.
By recording bad debt expenditure within the same accounting period that income is recorded, the allowance approach adheres to the matching principle. Users benefit from a more accurate display of net income or net loss as a result.
Because bad debt expenses are incurred closer to the point of sale or service, the allowance technique may be more advantageous for a business than the direct write-off method. The allowance creates a more realistic estimate of the end-of-period financials, enabling the organization to understand its situation and plan accordingly.
Therefore, Method is favored by the direct write-off approach to bad debt accounting. I don't need food,
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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 number of persons over age 16 in the population equals 40 million, the unemployment rate equals:
If there are 40 million people over the age of 16 in a country, there are 24 million employed people, 8 million unemployed people, and there are 8 million employed people, the unemployment rate is 32%.
What makes you ineligible for unemployment in California?If the director determines that a person quit their most recent job voluntarily and without justification, or if they were fired for wrongdoing related to their most recent job, they are not eligible to receive unemployment benefits.
How long does the California unemployment rate take?Most qualified workers receive payment for their unemployment benefits after at least three weeks of processing their claim. You'll get a debit card in the mail when your first benefit payment becomes available. You can track, use, and transfer your benefit payments once the card has been activated.
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Benson Training Services (BTS) provides instruction on the use of computer software for the employees of its corporate clients. It offers courses in the clients’ offices on the clients’ equipment. The only major expense BTS incurs is instructor salaries; it pays instructors $5,500 per course taught. BTS recently agreed to offer a course of instruction to the employees of Novak Incorporated at a price of $410 per student. Novak estimated that 20 students would attend the course.
C. Determine the profit, assuming a 10 percent increase in enrollment (i.e., enrollment increases to 22 students). What is the percentage change in profitability?
D. Determine the profit, assuming a 10 percent decrease in enrollment (i.e., enrollment decreases to 18 students). What is the percentage change in profitability?
A 10% decrease in enrollment will lead to a 30.37% decrease in profitability.
Price of course per student = $410
Instructor salary per course taught = $5500
Number of students enrolled = 20
Now, to find the profit earned by Benson Training Services (BTS) under the given scenario, we will use the formula given below:
Profit = Revenue - Cost of Goods Sold (COGS)
Revenue:
The revenue that Benson Training Services will earn from Novak Incorporated can be calculated using the formula given below:
Revenue = Price per student * Number of students
Revenue = 410 * 20 = $8200
In this case, there are no other expenses incurred by BTS, apart from the instructor salaries.
Cost of Goods Sold (COGS):
The cost of goods sold for Benson Training Services (BTS) includes the salary paid to the instructors for teaching the course. Hence,
Cost of Goods Sold (COGS) = Instructor Salary = $5500
Now,
Profit = $8200 - $5500 = $2700
This means that Benson Training Services (BTS) will earn a profit of $2700 when 20 students attend the course of instruction offered to the employees of Novak Incorporated.
Now, let's find the profit earned by Benson Training Services (BTS) in the following cases:
Assuming a 10% increase in enrollment, the number of students will be 22 students.
Profit = Revenue - COGS
Revenue = Price per student * Number of students
Revenue = 410 * 22 = $9020
COGS = $5500
Profit = $9020 - $5500 = $3520
Change in Profitability (Profit % change)
Profit % change = (New Profit - Old Profit) / Old Profit * 100
Profit % change = (3520 - 2700) / 2700 * 100
Profit % change = 30.37%
Therefore, a 10% increase in enrollment will lead to a 30.37% increase in profitability.
Assuming a 10% decrease in enrollment, the number of students will be 18 students.
Profit = Revenue - COGS
Revenue = Price per student * Number of students
Revenue = 410 * 18 = $7380
COGS = $5500
Profit = $7380 - $5500 = $1880
Change in Profitability (Profit % change)
Profit % change = (New Profit - Old Profit) / Old Profit * 100
Profit % change = (1880 - 2700) / 2700 * 100
Profit % change = -30.37%
Therefore, a 10% decrease in enrollment will lead to a 30.37% decrease in profitability.
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Operations Management Mind Map. For the requirements of this assignment, you are required to: - Create a mind map showing, in your opinion, the main challenges and organizational concerns that affects Operations Management nowadays. - The intention is for you to show that you understand the factors and issues connected with Operations Management.
The mind map illustrates the main challenges and organizational concerns that currently impact Operations Management. It demonstrates an understanding of the various factors and issues associated with this field, showcasing the complexity and importance of effective operations management in today's business landscape.
The mind map encompasses several key areas of concern in Operations Management. It identifies challenges such as supply chain management, quality control, cost optimization, capacity planning, technology integration, sustainability, and risk management. Each of these factors plays a crucial role in the efficient functioning of operations within an organization.
Supply chain management involves coordinating the flow of goods and services from suppliers to customers, ensuring timely delivery and minimizing disruptions. Quality control focuses on maintaining high product and service standards, reducing defects, and enhancing customer satisfaction.
Cost optimization aims to streamline processes, reduce expenses, and improve profitability. Capacity planning involves aligning production capabilities with market demand to avoid bottlenecks or underutilization.
Technology integration explores the implementation of innovative tools and systems to enhance operational efficiency, automation, and data-driven decision-making. Sustainability concerns address the need for environmentally responsible practices and resource conservation.
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What was one result of the Bretton Woods system?
A. The U.S. dollar became backed by gold for the first time.
B. The U.S. dollar was no longer accepted in most countries.
C. The U.S. dollar became more valuable and influential.
D. The U.S. dollar lost its status as the world's reserve currency.
One of the results of the Bretton woods system was that the U.S dollar became more valuable and influential.
What is Currency?Currency is a medium for exchange for goods and services. It is a form of legal tender approved by the government and accepted by all as a means of exchange.
The U.S dollar is a popular form of currency that is accepted by most countries as a form of exchange. After the Bretton Woods system was adopted, the U.S dollar became more influential and valuable to many.
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the margin of safety for the miter saw is?
A. two inches
B. three inches
C. four Inches
D. six inches
Answer:
D six inches
Explanation:
Your still cute
Answer: D. Six inches MINIMUM margin of safety at all times.
TRUE OR FALSE: Take-home pay minus total living expenses equals money available for savings and investment
Answer:
TRUE
Explanation:
Take-home pay is the gross pay minus all deductions. Deductions include statutory and voluntary deductions. Take home is the money that gets to the employee's bank account.
In most households saving and investment are done after meeting the basic expenses. In other words, people will save or invest after meeting their basic needs. Therefore, take home minus total expenses necessary for life is saving and investment
Consumers' preferences are described by A. indifference curves. B. relative prices. C. household income. D. budget lines. E. demand curves.
Indifference curves are used to describe consumer preferences. An indifference curve is a graph that combines two products that provide the consumer with equal utility and satisfaction.
What does the term "indifference curves" mean?An indifference curve is a graph that displays possible pairings of two goods or commodities that, when purchased in any combination along the curve, leave the buyer equally well off or happy.A consumer is indifferent between the points on a graph that indicate various quantities of two items that are connected by an indifference curve in economics.Since both of the combinations are appealing, the consumer has no preference.
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HOW IMPORTANT IS INNOVATION TO ENTREPRENEURSHIP?
Answer:
Successful innovation allows you to add value to your business so that you can increase your profits—if you don't innovate well, your business will plateau. Innovation helps you stay ahead of the competition. With globalization and a rapidly changing market, there are more competing businesses than ever before.
Hope This Helped!A carpenter intalling cabinet ue thin piece of material called him to fill gap. The carpenter ue four him to fill a gap that a 1. 5 centimeter wide. The width of three of the him are 0. 75 centimeter, 0. 125 centimeter, 0. 1 centimeter. What i the width of the fourth him
The width of the fourth washer used by carpenters is 0.525 centimeters.
Addition
The process of combining two or more numbers is called addition. The four main properties of addition are commutativity, associativity, distributivity, and additive identity.
given that;
The joiner uses four shims and he fills the 1.5 cm gap. The three disc widths are 0.75 cm, 0.125 cm and 0.1 cm.
Now let x be the width of his 4th washer that the carpenter uses.
So we can formulate
x + 0.75 + 0.125 + 0.1 = 1.5
x + 0.975 = 1.5
x = 1.5 - 0.975
x = 0.525 cm
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list out the tasks of an overseer.
Answer:
Mentor, coach, monitor and supervise communities throughout the shelter construction process. Provide technical assistance to households involved in shelter construction. Coordinate with counterparts in other PIN's areas of operation, ensuring exchange of lessons learnt and good practices
Explanation:
what are the outputs of the production process with regards to goods and services
Answer: they will go faster
Explanation: it does a thing.
It cost Levi Jeans $14 to create jeans. The company wishes to mark all jeans up by $42.55. What is the retail price and markup percentage of jeans?
Answer:
0.32902467 but id move the desimal so it would be 32$ and 90 cents but u can cut of the cents sorry i suck at math i tried sorry if this didnt do much
Explanation:
I need a small paragraphs with advantages and disadvantages for each
Will mark brainliest need quickly
I'll recommend retained earnings to him. Retained earnings from operations are used by businesses to grow.
Which method—retained earnings, venture capital, or crowd fundraising—is the most effective for obtaining funding for expansion?Retained Profit- Maintaining firm earnings boosts your balance sheet, which has an impact on shareholder equity and the value of the associated shares. With more money in your accounts due to retained earnings, your company appears stronger on paper, which in turn attracts more investment.Venture capital- VCs are equipped with several instruments to increase the value of the firms in their portfolio. They can provide the variety of internal resources that the majority of companies lack, along with capital, brand value, intra-industry networking, fundraising networking, and other benefits. The advantages of collaborating with venture capitalists are numerous.Crowdfunding- It can be challenging for companies to raise money for expansion, particularly for tiny startups. Obtaining funds can be challenging, and persuading investors to back your wonderful concept is time-consuming and not always successful. Herein lies the role of crowdsourcing. You may reach a large number of potential supporters globally with a single campaign, increasing your chances of getting your company in front of people who will invest and believe in it. There are many advantages to employing public fundraising campaigns for business growth.Choosing self-financing versus external investment or credit is always a matter of using your best judgment, therefore do so.
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in the eyes of the law, a contractual mistake is a belief that is not in accord with the facts. true false
In conclusion, a contractual mistake is a belief that is not in accord with the facts. It can be remedied through the court system.
In the eyes of the law, a contractual mistake is a belief that is not in accord with the facts. This statement is true. A contractual mistake refers to an error or false belief that leads to the agreement of a contract with terms that are different from what the parties intended, which can either be a mutual or unilateral mistake. It is a common law concept that is applicable in the interpretation of contracts.
The mistake is said to exist when both parties agree to the same terms but with a different understanding of the meaning of the contractual terms. As a result, there is a disparity between the intent of the parties and the expressed terms of the contract.
The contractual mistake is of two types: mutual mistake and unilateral mistake. Mutual mistake occurs when both parties are mistaken about the same thing.
On the other hand, a unilateral mistake occurs when only one party is mistaken, but the other party is aware of the mistake and takes advantage of it. In conclusion, a contractual mistake is a belief that is not in accord with the facts. It can be remedied through the court system.
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organizations often start a new marketing research study by first examining secondary data primarily because . multiple choice question.
Organizations often start a new marketing research study by first examining secondary data primarily.
What is secondary data?Secondary data is typically more comprehensive than primary data.
Secondary data refers to data that has already been collected by other sources, such as government agencies, trade associations, or other businesses. This data is often readily available and can provide a starting point for new research studies. It can be used to identify research questions, to provide background information, and to help define the scope of a new study.
Compared to primary data, which is collected specifically for the purpose of a particular research study, secondary data can be more comprehensive because it has been collected over a longer period of time and often covers a wider range of topics. Therefore, it is often more efficient to start a new marketing research study by examining existing secondary data before collecting new primary data.
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Organizations often start a new marketing research study by first examining secondary data primarily because:
A) secondary data is usually more accurate than primary data.
B) secondary data is usually easier to obtain than primary data.
C) secondary data is typically more comprehensive than primary data.
D) secondary data is usually more relevant than primary data.
Unlike price ceilings, price floors lead to very positive effects when properly implemented.
a. True
b. False
This is untrue; price floors have several unforeseen consequences which are rarely acknowledged the decision-makers. Price ceilings prevent an increase in price from going over a certain point.
What function do policymakers serve?The function of the law maker is to act as a conduit for information gathering through study and consultation, to distil and extrapolate from the information a policy or collection of policies that help to forward the chosen course of action.
What kind of people make policy?The policy maker is a person who develops concepts and strategies, particularly those used by an organisation or a government. The US president, a school system, a company's executive committee, and a mayor are all examples of policy makers.
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