(Table) If the toy-making firm in the table faces a market price of $20 in the short run it should:
a) produce 76 toys.
b) produce 96 toys.
c) shut down.
d) produce 40 toys
Answers
The toy-making firm in the table should be shut down when it faces a market price of $20 in the short run. Option C is correct.
A production planning period where at least one input remains fixed while the rest are subject to change is referred to as the Short run. When a business wants to achieve the target within a short duration due to the sudden or seasonal demand for a specific product then the Short run works.
An example of a short run is when a company ABC, which can produce 10 cars in a day and looks to produce more cars (15 cars per day) by using the available infrastructure due to increased demand during the season is said to be a short run. Examples of short-run costs are
Raw materials prices for raw materials.Rent for land or buildings.Wages and salaries for labor.Interest and dividends for the use of financial capital (loans and equity investments)To learn more about the short run:
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Related Questions
Match the jobs with the education requirements.
clinical psychologist
concierge
cosmetologist
vocational school and state lIcensure
on-the-job training
Ph.D. with lIcensure or certification, depending on the state in which you
Ilve
a bachelor's degree In early childhood development
childcare director
Answers
Answer: See explanation
Explanation:
• clinical psychologist - Ph.D. with lIcensure or certification, depending on the state in which you Iive.
A clinical psychologist psychologist is someone who is highly trained, experienced and qualified to diagnose and also treat patients with mental issues.
• concierge - on the job training.
A concierge simply refers to an employee in an hotel who assist guests in making reservations and also attend to their needs. They require on the job training to perform their role well.
• cosmetologist - vocational school and state licensure.
The cosmetologist is an individual who works in the beauty industry and their role is to give individuals a better appearance and make them more beautiful. Such people need to go to vocational school and also require state licensure to practice.
• Childcare director- a bachelor's degree In early childhood development.
A childcare director mainly works in schools or educational sector and they help in developing educational programs, supervision of preschool teachers, etc.
For the qfd problem 4 matrix, compute the customer requirements absolute weight. technical requirements absolute weight and factor. technical requirements relative weight and factor. which design and technical factors should be emphasized? why?
Answers
The following characteristics of a vehicle windshield are essential: glass type, perfect window tinting, window size, and windshield pitch.
What exactly does the word "client" mean?
Customer definition A client is a person or business that buys goods or services from another business. Customers are crucial since they generate revenue. Without them, businesses would not continue to operate.
What do a client and an example mean?
A buyer of products and services is referred to as a customer. Once a customer consumes the products or services, they are considered consumers. There are several types of potential clients, including purchasers, users, administrators, and distributors.
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1.
There are three main credit reporting bureaus -- Equifax, Experian, and TransUnion. How
frequently can you request and receive a free credit report from each bureau?
Answers
Every Credit user is entitled to a free credit report every 12 months (1 years) from either of Equifax, Experian, or TransUnion.
What are credit reporting agency?These are agency that maintains only an historical credit information on individuals and businesses.
The maintained historical credit information helps in preparation of the credit report and score of all individuals and businesses in United states..
In U.S., the three main credit reporting bureaus includes the Equifax, Experian and TransUnion.
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refer to the table below, which shows the results of payback, net present value, and internal rate of return analysis of four projects. which is preferred by the net present value criterion?
Answers
In general, a project with a positive NPV is deemed financially feasible and would be chosen over ones with negative NPVs. However, in cases when projects have uneven beginning investments, we would utilize the profitability index (PI) to evaluate which project is chosen.
What is Profitability Index (PI)?Profitability index (PI) is a financial indicator that aids in determining the prospective profitability of a business investment project. It is determined by dividing the estimated future cash flows by the initial investment. A PI higher than 1 shows that the project's predicted future cash flows exceed the initial investment, indicating that the project is profitable. A PI less than one implies that the predicted future cash flows for the project are less than the initial investment, therefore the project is considered unprofitable. A PI of 1 implies that the predicted future cash flows of the project are equal to the initial investment, and the project has no net present value. Ones with higher PI values are usually chosen over projects with lower PI values.
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a. In response to the COVID-19 recession in 2020, the United States used a combination of large-scale fiscal policy expansion (e.g. the CARES Act1 of 2020 and the American Rescue Plan of 2021) and monetary policy expansion by the Federal Reserve. Suppose that in January of 2020- right before COVID- 19 pandemic hit, the U.S. economy was under full-employment. Use the Aggregate Demand and Aggregate Supply analysis (diagram & written analysis) in your answer to analyze the short-run and long-run effects of the combination of these two polices on price level, P and real output, Y.
Answers
The recession caused by COVID-19 in 2020 led to the use of a combination of large-scale fiscal policy expansion and monetary policy expansion in the United States. As a result, the price level falls from P1 to P0 in the long run, and the real output returns to potential GDP.
Before COVID-19, the economy of the United States was under full-employment. This response focused on the use of the Aggregate Demand and Aggregate Supply analysis (diagram & written analysis) to examine the short-run and long-run effects of the combination of these two policies on price level, P, and real output, Y. Here is a step-by-step answer to the question stated above. The Aggregate Demand Curve shows the total amount of goods and services that consumers and businesses are willing to purchase at a given price level, ceteris paribus.
It is important to remember that the AD curve slopes downwards due to the wealth effect, the interest rate effect, and the foreign trade effect. Before the COVID-19 pandemic, the economy was under full employment, which means that the AD curve would have been located at AD0. The Federal Reserve's monetary policy expansion included cutting interest rates to near-zero levels and injecting trillions of dollars into the financial system to increase liquidity. The increase in the price level, P, from P0 to P1 in the short run leads to an increase in the nominal wage rate, which shifts the SRAS curve to the left.
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Life orientation grade 10
Answers
Answer:
Life Orientation is a mandatory subject in the South African CAPS curriculum. It's studied by Senior Phase students in Grades 7-9. During Intermediate Phase, children will study Life Skills.
The CAPS guidance for Life Orientation states that the subject's main focus is the development of self in society. It aims to help learners set goals for themselves, solve problems and improve decision-making strategies. It aims to prepare learners for modern society and help with intellectual, physical, social and emotional growth along with lots more.
Explanation:
There are 5 main topics which are studied in Life Orientation in the Senior Phase:
Development of the self in society - This topic works on self-concept, including motivation and self-image. Learners throughout Senior Phase will also look at subjects such as personal diet and nutrition, peer pressure, relationships and friendships as part of the teaching. This topic will also touch on challenging situations including depression, grief, loss, trauma and crisis. This is so that they are better equipped to deal with these situations if they experience them in the real world.
Health, social and environmental responsibility - This topic area covers things like substance abuse and environmental health issues. There is also time spent on common diseases. Learners will also look at things such as volunteering as a concept as well as dealing with health and safety issues related to violence.
Constitutional rights and responsibilities - This topic has a focus on human rights, religions, cultural diversity and fair play. There's also some time spent on the concept of nation building and relating some of the above focuses to South Africa itself. Gender equity, constitutional values and issues that relate to citizens' rights and responsibilities are all looked at.
World of work - This topic area is all about preparing tour Senior Phase students for further education and life after school. Time is spent on different learning styles and career paths. You'll also spend some time talking about which options are available to them after Grade 9, including appropriate subject choices for their chosen career. You could spend some time talking about different careers and how each member of the class wishes to move forwards.
Physical education - During Life Orientation students are introduced to participating in a fitness programme and are encouraged to play various sports and games throughout Senior Phase. They will also participate in outdoor recreational programmes and learn to refine their performance in movement activities as well as take into account safety issues for each activity.
Inventory records for Eliza Company revealed the following:
Date Transaction Number of Units Unit Cost
March 1 Beginning Inventory 1,100 $ 7.20
March 10 Purchase 520 7.70
March 16 Purchase 398 8.30
March 23 Purchase 510 9.00
Eliza sold 1,900 units of inventory during the month. Ending inventory assuming FIFO would be: (Do not round your intermediate calculations. Round your answer to the nearest dollar amount.)
Multiple Choice
$5,569.
$4,900.
$7,920.
$1,259.
Answers
Eliza Company sold 1,900 units of inventory and had a beginning inventory of 1,100 units with various purchases throughout March. Using the FIFO method, the approximate ending inventory is $3,975.
To calculate the ending inventory assuming FIFO (First-In, First-Out), we need to determine the cost of the units sold and subtract it from the total cost of inventory.
Let's calculate the cost of the units sold:
1. From the beginning inventory of 1,100 units, we sell 1,100 units.
Cost of units sold = 1,100 units * $7.20 per unit = $7,920
Next, we calculate the cost of the remaining units in the ending inventory:
1. We still have 520 units from the purchase on March 10.
Remaining units in ending inventory = 520 units * $7.70 per unit = $4,004
2. We have 398 units from the purchase on March 16.
Remaining units in ending inventory = 398 units * $8.30 per unit = $3,301.40
3. We have 510 units from the purchase on March 23.
Remaining units in ending inventory = 510 units * $9.00 per unit = $4,590
Now, we can calculate the total cost of the ending inventory:
Total cost of ending inventory = Cost of remaining units from March 10 + Cost of remaining units from March 16 + Cost of remaining units from March 23
Total cost of ending inventory = $4,004 + $3,301.40 + $4,590 = $11,895.40
Finally, we subtract the cost of units sold from the total cost of the ending inventory:
Ending inventory = Total cost of ending inventory - Cost of units sold
Ending inventory = $11,895.40 - $7,920 = $3,975.40
Rounding to the nearest dollar amount, the ending inventory assuming FIFO is approximately $3,975.
None of the multiple-choice options match the calculated ending inventory. The closest option is $4,900, but it is still not the correct answer based on the calculations.
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Which one of the following statements is BEST? A P system requires more safety stock than a Q system. A P system requires more administrative control and computer support than does a Q system. A P system lends itself more to quantity discounts than does a Q system. Under a P system, a fixed quantity Q is ordered when the inventory position reaches the reorder point R. In a periodic review system, the value of Q is kept the same from one cycle to another.
Answers
The best given statement is-
In a P system, when the inventory position hits the reorder point R, a fixed quantity Q is ordered.Explain about the types of inventory management?A company's inventory is made up of the components, finished commodities, and raw materials it sells or utilises in manufacturing. Inventory is viewed as an asset in accounting.
Accounting professionals use stock level information to accurately report valuations just on balance sheet.Businesses may decide which goods to order when and what amounts by using inventory management. Inventory is monitored from product purchase through sale.To guarantee there is always adequate inventory to fulfil client orders and adequate warning of a shortfall, the technique recognises trends and reacts to them.The following 12 types of inventory are available: commodities, work-in-progress (WIP), completed items, dissociation inventory, safety stock, packaging materials, cycle inventory, customer inventory, transit, notional, excess and maintenance, repair, and operations (MRO).Thus, in a P system, when the inventory position hits the reorder point R, a fixed quantity Q is ordered.
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What is difference between classical and operant conditioning? Give me example
Answers
The primary distinction between classical and operant conditioning is the association of intentional activity with a consequence in operant conditioning as opposed to the association of involuntary behavior with a stimulus in classical conditioning.
What distinguishes classical conditioning from operant conditioning in terms of their main characteristics?
The stimulus comes first in classical conditioning to establish a connection between the behavior and the stimulus. The behavior in operant conditioning comes first, followed by either positive or negative reinforcement. A parent gives their child time out for tantrums (unpleasant stimulus), a child receives a reprimand for not doing their schoolwork (undesirable event), and a driver receives a speeding ticket (unpleasant event) from the police (unpleasant stimulus) (unwanted behavior.)
A few key ideas in behavioral psychology are classical and operant conditioning.
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Tina works a cash register and has to hold her arm at a certain angle to scan her customers' items. What is the ergonomic hazard in this situation?
Select the best option.
Awkward posture
Incorrect tool usage
Relaxed arms and shoulders
Repetitive moveme
Answers
Answer:
repetitive movement
Explanation:
i actually had this question in my last period that's so fun hahha good luck
The ergonomic hazard in this situation given above is:
A. Awkward postureAccording to the given scenario, a cashier has to hold her hand in a certain manner in order to properly scan the items of the customers who came to make purchases at the store.
As a result of this, we can see that the ergonomic hazard which is described from the above scenario is that of an awkward posture which Tina, the cashier has to perform.
Therefore, the correct answer is option A
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Gamma Corporation has a December 31 st year-end. When moving into its new office on November 1st, Gamma paid $21,600 for 18 months of rent. What type of account did Gamma debit on November 1st? What account would Gamma debit in its December 31st adjusting journal entry? What account would Gamma credit in its December 31 st adjusting journal entry? What is the amount of the debit and credit in the December 31 st adjusting journal entry? Question 8 8 pts Gamma Corporation decided in 2021 to dispose of one of its divisions. The sale was completed on October 1, 2021. From 2021 until the date of the sale, the division disposed of reported a loss on operations of $47,547 net of tax. The book value of the division on October 1,2021 , is $444,827. The division sold for $532,608 net of tax. Gamma has calculated income from Continuing Operations to be $850,000. What is the amount of net income Gamma will report on its year-end 2021 income statement?
Answers
The net income Gamma will report on its year-end 2021 income statement is $890,231.
On November 1st, Gamma Corporation would debit the "Prepaid Rent" account for $21,600. In its December 31st adjusting journal entry, Gamma would debit the "Rent Expense" account for an amount representing the portion of rent used during the year (10/12 of the total rent paid), and credit the "Prepaid Rent" account for the remaining prepaid rent (2/12 of the total rent paid). The amount of the debit in the December 31st adjusting journal entry would be the portion of rent expense incurred during the year, and the credit would be the remaining prepaid rent.
For the second question, to calculate the net income Gamma will report on its year-end 2021 income statement, we need to consider the loss on operations of the disposed division, the book value of the division, and the income from continuing operations. The net income would be the income from continuing operations minus the loss on operations of the disposed division, plus the gain from the sale of the division. The net income can be calculated as follows:
Net income = Income from continuing operations - Loss on operations of disposed division + Gain from sale of division
Net income = $850,000 - $47,547 + ($532,608 - $444,827)
The calculated amount will represent the net income Gamma will report on its year-end 2021 income statement.
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"American apparel makers complain to Congress about competition from China. Congress decides to impose either a tariff or a quota on apparel imports from China. Which policy would Chinese apparel manufacturers prefer
Answers
Answer:
quota
Explanation:
China would most likely prefer an allocation, rather than a flow, in this case. Especially in comparison with a quota, traffic to local consumers will yield stronger economic performance.
Traffic should better prevent domestic companies and raise government income that can be used to cut taxes or fund government goods and services. A quota boosts rates, and the domestic country does not earn additional revenue. The international producers would benefit from the quota.
Therefore the correct answer is the quota.
help if you can thank you
Answers
Answer:
3rd one I'm pretty sure, if not then I'm srry lol
Explanation:
its common sense
This institution has historically served as the principal vehicle through which the money supply of the United States is expanded or contracted. This practice continues today.
Answers
Answer:
Commercial Bank
Explanation:
Commercial banks are the institutions that deal with the finances. They provide loans, and accepts deposits as savings. These financial institutions are a means of financial assistance to the public. Financial services and assistance helps in the growth and establishment of the economy. The process of commercial banking is intended towards growth and the earning of profit altogether.
According to the video, by offering an a la carte menu, premium ingredients, and gourmet side dishes, Smashburger is able to extract a price premium from its loyal customers. This type of pricing approach is referred to as __________ pricing.
Answers
By offering an a la carte menu, premium ingredients, and gourmet side dishes, Smashburger is able to extract a price premium from its loyal customers. The pricing approach is called "value-based pricing."
Value-based pricing is a strategy where the price of a product or service is based on the perceived value to the customer rather than the cost of production or the price charged by competitors.
In the case of Smashburger, the company uses premium ingredients, a la carte menu, and gourmet side dishes to differentiate itself from competitors and create a perception of higher value for its customers. By doing so, Smashburger is able to charge a premium price for its burgers, which its loyal customers are willing to pay.
Value-based pricing relies on a deep understanding of customer needs, preferences, and willingness to pay. Companies using this approach conduct extensive market research and customer analysis to determine what features and benefits are most important to their target customers and how much they are willing to pay for them.
Overall, value-based pricing allows companies to capture more value from their customers and improve profitability by offering unique and differentiated products or services that command a higher price.
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Complete question is:
By offering an a la carte menu, premium ingredients, and gourmet side dishes, Smashburger is able to extract a price premium from its loyal customers. This type of pricing approach is referred to as __________ pricing.
Charles Adams deposited $1,000 in a savings account that earns 4% interest compounded monthly. He made no other deposits or withdrawals. What was the amount in the account at the end of 2 months? How much is the compound interest?
Answers
Answer:
Amount after 2 months = $1,006,68Compound interest = $6.68Explanation:
Amount is compounded monthly so interest will have to be converted to a monthly figure.
Interest = 4%/12 = 4/12%
Amount at the end of month 2;
= 1,000 * ( 1 + 4/12%)²
= $1,006.6771
= $1,006,68
Compound interest = 1,006.68 - 1,000 = $6.68
Amelia has laid the groundwork for a fledgling business and is considering incorporating. Which of the following is a valid concern that she might have?(1 point) Please help!
Answers
Incorporated businesses are legally recognized outfits. A valid concern that Amelia will have when considering incorporating her business is;
C) The regulations will be more burdensome than in other business structures.Incorporating a business entails making the business legally recognized. This would involve lots of paper works and rules.
Incorporated businesses can sue and be sued. Therefore, they must be careful in the decisions they make. This is not the case with non-incorporated businesses.
Unincorporated businesses include sole proprietorships and partnerships. They have more freedom and are not really legally liable.
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Here are the options:
A) Acquiring financing as a corporation will be much more challenging than it is for other business structures.
B) Incorporating comes with an increase in liability compared to other business structures.
C) The regulations will be more burdensome than in other business structures.
D) The corporation will only last as long as she is able to work
Answer:
The regulations will be more burdensome than in other business structures.
Explanation:
Patty’s Pottery Company decided to sell its coffee mugs in the local coffee shop. What marketing decision was this?
Question 10 options:
Place
Promotion
Product
Price
Answers
Answer:
A- Place
Explanation:
Place refers to distribution or the methods and location.
which of the following is an important number to remember when seeking employment
Answers
social security number
Answer: social security number is correct
Explanation:
Classifying assets liabilities and owners equity
1. Cash
2. Alice Jones, Capital
3. Prepaid insurance
4. Steward supply company (a creditor)
5. Supplies
6. Any amount owed
7. Owners capitol account
8. Anything owned
Answers
Liability - steward supply company, any amount owed,
Owners equity - Alice Jones, owners capital account
Which group of words bet describes wants?
Answers
Answer:
unlimited, changing, and competing
Explanation:
What are wholesalers
Answers
Answer:
Wholesaler is a company that earns money by buying large quantities of goods then selling in bulk to smaller businesses.
Hope this help :)
Answer:
Wholesalers are companies or businesses that buy large quantities of products from other companies, then resell the products in bulk or individually.
Explanation:
Examples; Costco Wholesale & Sam's Club
The COVID-19 pandemic forced many people to switch to
a remote workplace. How did this change affect job satisfaction?
What do you think will happen as employees return to in-person work
environments?
Answers
The switch to remote work during the COVID-19 pandemic had both positive and negative impacts on job satisfaction.
How did the transition to remote work affect job satisfaction during the COVID-19 pandemic?The shift to remote work brought significant changes to the work environment and had varied effects on job satisfaction. For some individuals, the flexibility and autonomy of working from home enhanced their satisfaction. They appreciated the elimination of commuting time, increased work-life balance, and the ability to customize their workspaces. However, others faced challenges such as blurred boundaries between work and personal life, decreased social interaction, and potential feelings of isolation.
As employees return to in-person work environments, there will likely be a mixed response. While some may embrace the return to face-to-face interactions, collaborative work, and a structured office environment, others may miss the freedom and flexibility of remote work. The future of job satisfaction will depend on how organizations address the evolving needs and preferences of their employees, striking a balance between in-person and remote work options to create a positive and productive work environment.
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Explain why you agree or disagree with the following statement:
"Hiring and keeping talented employees is the most important task
for managers." (5 marks)
Answers
I agree with the following statement: "Hiring and keeping talented employees is the most important task for managers." This statement is relevant as well as vital in today's organizations. Reasons for my agreement with this statement are given below:Reasons for agreement:
1. Talented employees improve overall performance:
Talented employees can bring positive changes and new ways of thinking, which can improve the performance of the organization. When managers invest in talent acquisition and retention, the company will have the right people to work with. The presence of talented employees leads to better outcomes, more innovative approaches, and increased productivity.
2. Attracting and retaining talent is essential for organizational growth:
Organizations with a talented workforce are likely to grow and prosper. Having a workforce that is committed to their work and has a high degree of job satisfaction will lead to a productive and efficient organization. Companies with highly skilled employees tend to have higher retention rates, which ultimately leads to lower costs associated with hiring and training new employees.
3. Talented employees contribute to employee satisfaction and retention:
Employee satisfaction is an essential factor in retaining employees. Talented employees have high job satisfaction and are more likely to remain loyal to the company. When employees feel appreciated, valued, and respected, they are less likely to leave their jobs, leading to increased employee retention rates.
4. Talent acquisition and retention lead to better organizational reputation:
Talented employees who have a positive experience with the company will become ambassadors for the organization. They are more likely to spread the word about the organization, which leads to a better reputation and improved employee branding.
This means that other talented employees are more likely to be attracted to the organization, leading to better talent acquisition rates.
Hiring and retaining talented employees is an essential task for managers as it leads to better organizational performance, growth, employee satisfaction and retention, and organizational reputation.
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The market failure that observes when some goods are systemically overused and depleted is _____.
Answers
The market failure that observes when some goods are systemically overused and depleted is Tragedy of the Commons.
What is the tragedy of the commons?In the tragedy of the commons, every person has an incentive to use a resource, but at the price of every other person, and there is no means to prevent anyone from using it. It was initially conceived by considering what would occur if each shepherd, acting in his or her own self-interest, permitted their flock to graze on the common field. Everyone acting in what appears to be their own best interest leads to dangerous overconsumption (all the grass is eaten, to the detriment of everyone)Underinvestment (since, who is going to pay to sow new seed?) and finally, resource exhaustion are other possible outcomes of the issue. Every person who consumes an additional unit adversely hurts others—and themselves too—who can no longer profit from the resource due to the resource's overwhelming demand. The resource of interest is typically readily accessible to everyone without restrictions (i.e., the "commons").To learn more about tragedy of the commons, refer to
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"Success or failure of any Industry depends on the management of human resources." Explain it with examples.
Answers
Answer
Human resource management is viewed as a significant administration movement by numerous bigger partnerships, not just a "workforce" division as it was viewed a few decades prior. Without a powerful human asset supervisory group, huge organizations today would track down it troublesome in the event that not difficult to staff, train and foster those specialists who basically make up the organization and add to its progress in the business climate. Without the ideal individuals, no business will prosper and develop to become one that stands separated from the competitors. Strategic the board, preparing and improvement, modern relations, and hierarchical ways of behaving are only a couple of the viewpoints that fall under human asset the executives today.
Explanation:
The management of human resources determines whether an industry succeeds or fails. Management of human resources is crucial to the operation of an industry. Managers of human resources plan, organize, and oversee an organization's administrative operations.
What is Human Resource Management?
The administrative tasks of an organization are planned, coordinated, and led by human resources managers. They supervise the hiring, interviewing, and onboarding of new employees, and assist chief executives with strategic planning.
The Master's Program in People Management and Organizational Development equips students with the in-depth knowledge, teamwork, analytical, and communication abilities necessary to support firms in successfully and sustainably expanding their operations.
In a workplace and organizational environment that is continually evolving, the curriculum provides students with the most recent information in people management and organizational development.
Thus, it is important for the student working as a human resource to come from that specific field.
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1. How much money must you set aside at age 20 to accumulate retirement funds of
$100,000 at age 65, assuming a rate of interest of 7 percent?
Answers
Answer:
$4,762.00
Explanation:
The applicable formula is the formula for calculating future values.
Fv= P( I+ r )^ n
where Fv= $100,000
p= principal amount
r= interest rate : 7% or 0.07
n= time or number of period : 65 years - 20 year
$100,000= p x ( 1+0.07)^45
$100,000= p x (1.07)^45
$100,000 = p21.00245
p=$100,000/21.00245
p=$4,761.904
Principal = $ 4,762.00
According to the law of demand, as prices increase, the quantity demanded by people .
Answers
Answer:
Quantity supplied will increase
Answer: decreases
Explanation: right on edmentum
a In a short response of 3-5 sentences, identify a common time-management pitfall that
you have personally experienced or are personally experiencing. Describe what time
management strategies you used to overcome that pitfall or how you will overcome the
"pitfall in the future."
Answers
Note that Procrastination is my pitfall. To overcome it, I set specific deadlines for tasks, break large projects into smaller ones and prioritize them, and use reminders to stay on track. I also try to minimize distractions while working.
What is Procrastination?Procrastination is the deliberate and unnecessary delay or postponement of something while knowing that doing so would result in negative repercussions.
It is caused by a variety of factors, including poor self-esteem, worry, a lack of organization, and, simply, an inability to inspire oneself to do unpleasant chores.
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What is not a criteria you should choose your target market by?.
Answers
There are a few criteria that businesses consider when choosing their target market. However, there is one criterion that is not ideal to consider when selecting a target market. The answer to this question is "personal preferences."Personal preferences are not a criterion by which you should choose your target market. This is because personal preferences are not always accurate and may not reflect the target market's needs and wants. Personal preferences are unique to an individual and do not represent the whole market. Therefore, they cannot be relied on to determine the target market.
Let us take the example of a business that offers a wide range of designer sunglasses. If the business owner chooses to rely on their personal preferences to determine the target market, it will not be accurate. They may assume that their target market only includes individuals who have the same preferences as they do. However, this assumption would not be accurate because different customers have different preferences.
Therefore, personal preferences cannot be used as a criterion to determine the target market. Instead, other criteria such as demographics, psychographics, geographic, and behavioural factors can be considered. These criteria are more accurate as they reflect the characteristics of the target market.
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