In B2B marketing, the buying process typically involves multiple decision-makers and stakeholders within the organization. Therefore, the buying process is usually more complex and requires a greater level of communication and relationship-building between the seller and the buyer. In contrast, in B2C marketing, the buying process can often be simpler with fewer decision-makers involved.
In many cases, especially in business-to-business (B2B) transactions, the buying process involves multiple stakeholders with different roles and responsibilities, such as decision-makers, influencers, and end-users. The buying process may also involve various stages, including problem recognition, information search, evaluation of alternatives, purchase decision, and post-purchase evaluation.
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Allegra wants to purchase a cruise to alaska. in the search process, she discovers this purchase is different from an expenditure on a car in that the cruise ______.
What Allegra is going to discover is that this purchase is different from an expenditure on a car in that the cruise cannot be easily separated from the service providers such as the stewards and crew.
What is a purchase?
This is a term that is used to refer to the fact that a person has acquired a good or a commodity.
The purchase of this product is one that can not be differentiated from one that would have all the crew members intact.
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A student in public administration wants to determine the mean amount members of city councils earn. The error in estimating the mean is to be less than $100 with a 99% level of confidence. The student found a report by the department of labor that estimated the standard deviation to be $1000. What is the required sample size?
Answer:
663.58
Explanation:
From the problem:
E, the maximum allowable error, is $100
The value of z for a 99 percent confidence level is 2.576
Estimate of standard deviation is $1,000.
n = [(z x s)/ E] ^ 2
n = [(2.576 x 1000) / 100}^2
= 25.76^2
=663.58
A lawyer believes his client is guilty, but remains professional and represents his client. This is an example of which of the following?
Moral behavior
A.) moral behavior
B.) unlawful behavior
C.) ethical behavior
D.) mannerly behavior
Answer:
C
Explanation:
Would say Moral but it's ethical and couretious
If two goods are close substitutes:
Group of answer choices
A fall in the price of one will decrease the demand for the other
An increase in the price of one causes the demand for the other to decrease
A decrease in the price of one causes an increase in the demand for the other
Consumers will always buy the one that has the lower price
When two goods are close substitutes, a change in the price of one has an impact on the demand for the other.
How does a change in price affect the demand for close substitute goods?Specifically, a decrease in the price of one good will result in an increase in the demand for the other. This occurs because consumers perceive the goods as similar and interchangeable to some extent. When the price of one good decreases, consumers find it more attractive compared to the other, leading them to switch their preferences and increase their demand for the relatively cheaper substitute.
For example, let's consider two brands of cola, Brand A and Brand B, which are close substitutes. If the price of Brand A decreases, consumers may choose to buy more of Brand A instead of Brand B since it offers a better value for their money. As a result, the demand for Brand A will increase, while the demand for Brand B will decrease.
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The government has the most influence over the production of goods and
services in which economic system?
A. Mixed economy
B. Command economy
C. Traditional economy
O D. Market economy
Answer: command economy
Explanation:
just took test
The government has the most influence over the production of goods and
services in the Command economy system. Hence, option B is appropriate.
What is the meaning of economy?An economy is a region where products and services are produced, distributed, traded, and consumed. It is generally understood to be a social domain that emphasizes the behaviors, discourses, and tangible manifestations connected to the creation, utilization, and management of finite resources.
Whether an entity is a country or a small town, an economy includes all of the activities connected to the production, consumption, and trade of products and services in that entity. Every economy is different. Each is shaped by the resources, laws, cultures, histories, and geographies that are unique to it.
The system that determines how limited resources are used to produce and consume goods and services is known as an economy. Resources include the likes of land and people.
Hence, option B is correct.
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1 pts Your friend wants to make a bet with you, and he gives you two options. If you choose Option 1, you will have an 80 percent chance of winning $100, but a 20 percent chance of losing $100. If you choose Option 2, you are guaranteed to win $5. If you are like most people when it comes to making decisions, you would probably choose ________ because of ________. Group of answer choices Option 1; confirmation bias Option 2: anchoring Option 1; the availability heuristic Option 2: loss aversion
A person, similar to most other people, in the situation given above will choose confirmation bias because of the loss aversion.
What is confirmation bias?The general human tendency to decide or favor with a particular thing in such a way that there are no chances of losing, and it guarantees or confirms a benefit, is known as a confirmation bias.
Hence, options A-1; B-2 hold true regarding the confirmation bias in the given situation.
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percy lives in two periods. his earnings in the present are 150; in the future he will earn 10% more than today. the interest rate is 5 percent. if his consumption today is 160, what is the most he can consume in the future?
If Percy wants to maintain the same standard of living in the future as he has today, he can consume up to $157.14 in the future.
To find out the most Percy can consume in the future, we need to calculate his future earnings first.
Percy's earnings in the future can be calculated as follows:
Future Earnings = Present Earnings x (1 + Growth Rate) = 150 x (1 + 0.10) = 165
Now we can use the concept of present value to determine the most Percy can consume in the future. Present value is the current value of a future payment, taking into account the time value of money and the interest rate.
Present value of future earnings = Future Earnings / (1 + Interest Rate) = 165 / (1 + 0.05) = 157.14
This suggests that if Percy wants to retain his current level of life in the future, he can spend up to $157.14 in the future. However, if he wants to consume more in the future, he will need to save a portion of his current income and invest it at a rate that will allow him to achieve his desired level of consumption in the future.
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which of the fillwing is not a neenfit of unternal revenue code section 501 cehgg
The non-applicability of federal income tax is not a benefit of Internal Revenue Code Section 501(c)(7).
Internal Revenue Code Section 501(c)(7) deals with social and recreational clubs. These organizations are exempt from federal income tax. However, this exemption is limited, as it only applies to income derived from membership fees, dues, and activities related to the club's recreational or social purpose.
Income from non-member sources, such as investment income or unrelated business income, is generally subject to federal income tax. This limitation distinguishes Section 501(c)(7) from other sections under 501(c), such as 501(c)(3) charitable organizations, which enjoy broader tax-exempt benefits.
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If a firm's marginal revenue is below its marginal cost, an increase in production will usually: a. increase profits. b. leave profits unchanged. c. decrease profits. d. increase marginal revenue.
Answer:
D. increase marginal revenue
Explanation:
If marginal revenue is less than marginal cost then they are producing too much product and need to decrease production until marginal cost and marginal revenue are equal.
Costs that can be easily traced to cost-objects in a cost-effective manner are called ______ costs. multiple choice question.
Costs that can be easily traced to cost-objects in a cost-effective manner are called direct costs.
Direct costs are expenses that can be specifically and easily attributed to a particular cost object, such as a product, service, department, or project. These costs have a clear cause-and-effect relationship with the cost object, meaning they can be directly linked to it based on a reliable and verifiable measurement method.
Direct costs are typically incurred for the sole purpose of producing or providing a specific cost object. They can include direct materials, direct labor, and other directly identifiable costs that are directly associated with the production or provision of the cost object. These costs can be measured and allocated to the cost object with a high degree of accuracy.
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what to argue about financial literacy
Answer: Finance Course Prompts Debate,” argues that “the $600,000 is a low cost if the [financial literacy program] is effective. An
effective course will return that investment,” speaking in reference to the cost of the program. Courses, especially financial
literacy, greatly give back on investments made in them by using the students’ education gained from the class.
Explanation:
Jill is buying new appliances. The cost of the dishwasher is rs. 559 and the cost of the microwave is rs. 289. What is the total price including the sales tax rate of 8%?.
The total price of the dishwasher and the microwave after the sales tax of 8% will be Rs 915.84
How to calculate the total price?
Cost of the dishwasher = 559
Cost of the microwave = 289
Total cost of the appliances = 559 + 289
= 848
Sales Tax = 8% of 848
= 67.84
Total Cost = Pre-Tax value + Sales tax
= 848 + 67.84
= 915.84
What is sales tax?
The government levies a consumption tax known as a sales tax on the purchase of goods and services. A company is responsible for paying sales taxes in a particular jurisdiction if it has a nexus there. Depending on the local rules, a nexus can be a physical location, a worker, an affiliate, or some other presence.
The total price of the dishwasher and the microwave after the sales tax of 8% will be Rs 915.84
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corporate social responsibility is the idea that businesses interact with the organization's stakeholders for social good while they pursue economic goals. group startstrue or falsetrue, unselectedfalse, unselected
Corporate social responsibility is the idea that businesses interact with the organization's stakeholders for social good while they pursue economic goals. This statement was true. Thus, option (a) is correct.
What is businesses?The term “businesses” refers to earning a profit. The business is taking the risk and earning the profit. The business is mainly focused on the activities of the creation, distribution, and selling of concepts. The businesses are interested in the investment as a future perspective.
According to the corporate social responsibility, was the every business to fulfill. Corporate social responsibility was the organization's stakeholders for social good are the growth of the economic sector.
As a result, the significance of the businesses are the aforementioned. Therefore, option (a) is correct.
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Is this how to speak to a girl, I am lost if you're away. You have me so completely. I cherish you night and day. Without your breath, I cannot live.
As a producer, you are willing to supply the most goods at the highest price. This is because the highest
price earns you the
most demand
highest costs
most profits
Answer: most profits
Explanation:
Suppose that the value of stock varies each day from $14 to $25 with a uniform distribution. Find the probability that the value of the stock is more than $18.
The probability that the stock value is more than $18 is 0.5.
The probability that the value of stock is more than $18 is 0.5. This is because the stock value has a uniform distribution, meaning that it is equally likely to occur at any value within the range of $14 - $25.
To calculate the probability, the range of values is divided by the total range of values, in this case, $11. The probability of the stock value being more than $18 is then the range between $18 and $25, which is $7, divided by the total range of $11, which is 0.5.
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Which type of savings account offers the best intrest rates
Here are the best online savings account interest rates
Ally Bank – APY: 1.15%, min. ...
American Express National Bank – APY: 1.15%, min. ...
Popular Direct – APY: 1.15%, min. ...
Citibank – APY: 1.01%, min. ...
CIT Bank – APY: up to 0.70%, min. ...
Vio Bank – APY: 0.60%, min. ...
PurePoint Financial – APY: 0.40%, min.
What are capital resources in the economy?
Capital resources include money to start a new business as well as everything else that individuals develop to make goods and provide services.
In order to produce goods and services, a corporation need capital resources, which are man-made resources. Businesses can continue to be productive and provide services to their clients with the help of capital goods. Infrastructure, machinery, and other capital resources are examples. Clean energy projects are paid for with the help of money sources, which are managed by capital providers. For instance, a bank may use the deposits made by its clients as a source of capital; however, in this case, the bank manages the money's investment. All assets created by humans and employed in the production of goods are referred to as capital resources. These resources include things like machinery, buildings, and other things. Any equipment or resource used by a company in the creation of goods or services is referred to as a capital resource.
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______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
Which of the following choices incur speculative risk?
a.stocks
b.fire insurance on a house
c.options
d.life insurance
e.high interest savings account
Answer: correct option is A.
Explanation: A speculative risk can be defined as risk that is taken willingly either it results in profit or loss and the stocks involve in probability of gain and loss making it a speculative risk.
Stocks incur speculative risk. Therefore option A is correct.
What are Stocks?A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.
Common stock and preferred stock are the two primary categories of stocks.
Owners of common stock are entitled to dividends and the right to vote at shareholder meetings.
Common stockholders often do not have voting rights, while preferred stockholders typically get dividend payments ahead of time and are given preference over common investors in the event of a firm bankruptcy and asset liquidation.
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One of the main advantages of convertible debt is that it is attractive to investors because ______.
The main advantages of convertible debt is that it is attractive to investors because they may be entitled to discounts on the share price.
What is convertible debt?Convertible debt refers to a loan or debt obligation in which the payment comes with equity or stocks in a company.
It is to be noted that irrespective of the company's profit, convertible bondholders receive only a fixed, limited income until conversion.
Hence, the main advantages of convertible debt is that it is attractive to investors because they may be entitled to discounts on the share price.
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It took podcasts about 8 years to reach 1 billion downloads
True or False
given a parent initially purchased brand b, the probability that this parent purchases brand b on the second purchase is
Assuming there are no external factors influencing the purchase decision, the probability of a parent purchasing brand b on the second purchase after initially purchasing brand b depends on the brand loyalty of the parent.
If the parent is loyal to brand b, the probability of them purchasing it again is high. However, if the parent is not loyal to the brand and is open to trying other options, the probability of them purchasing brand b again may be lower. Other factors such as availability, pricing, and promotions can also influence the decision. Therefore, it is difficult to give a specific probability without more information.
Given that a parent initially purchased Brand B, the probability that this parent purchases Brand B on the second purchase is:
1. Identify the probability of the parent purchasing Brand B initially. Let's call this probability P(B1).
2. Determine the probability that the parent will purchase Brand B again on the second purchase, given that they purchased it initially. Let's call this probability P(B2|B1).
3. The probability you are looking for is P(B2|B1). This represents the probability that the parent purchases Brand B on the second purchase, given that they purchased Brand B initially.
Please note that to calculate the actual probability value, you'll need the specific probabilities for P(B1) and P(B2|B1) provided in your question or data source.
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One strategy U.S. manufacturers have employed in order to become more competitive is
Multiple Choice
increasing advertising budgets.
creating technology foreign manufacturers depend on to increase effectiveness and efficiency.
focusing on providing the lowest-priced products.
maintaining a distance relationship with suppliers in an effort to guard trade secrets.
Answer:
creating technology foreign manufacturers depend on to increase effectiveness and efficiency.
Explanation:
Technology can be defined as a branch of knowledge which typically involves the process of applying, creating and managing practical or scientific knowledge to solve problems and improve human life. Technologies are applied to many fields in the world such as medicine, information technology, cybersecurity, engineering, environmental etc.
Generally, technology has impacted the world significantly and positively as it has helped to automate processes, increased efficiency and level of output with little or no human effort.
One strategy U.S. manufacturers have employed in order to become more competitive is creating technology foreign manufacturers depend on to increase effectiveness and efficiency.
This ultimately implies that, U.S. manufacturers will have to continue to be innovative so as to improve, strengthen or fortify their manufacturing base in the future.
Additionally, U.S. manufacturers will have to be reliant on advanced technology and an interconnected network (internet) to unite various companies in order to become more competitive.
Explain how to use VRIO framework to understand a firms
resources and capabilities
You can state the answer by quoting an example related to it
The VRIO framework helps evaluate a firm's resources: value, rarity, inimitability, and organization. Assessing these aspects helps determine competitive advantage and strategic decision-making. Apple's brand and proprietary technologies exemplify its success.
The VRIO framework is a tool used to evaluate a firm's resources and capabilities by assessing their value, rarity, inimitability, and organization. Here's how you can use the VRIO framework:
1. Value: Determine if the firm's resources and capabilities add value to its operations and competitive advantage. For example, if a company has a strong brand reputation that attracts customers and drives sales, it can be considered a valuable resource.
2. Rarity: Assess the rarity of the firm's resources and capabilities compared to its competitors. If a firm possesses unique resources or capabilities that are difficult to imitate, it can create a competitive advantage. For instance, a company with patented technology that no other competitor has can be considered rare.
3. Inimitability: Evaluate the extent to which the firm's resources and capabilities are difficult to imitate or replicate by other firms. If a company has resources or capabilities that are protected by legal barriers, trade secrets, or complex knowledge, it can maintain a competitive advantage. For example, a pharmaceutical company with exclusive rights to a patented drug has inimitable resources.
4. Organization: Examine how the firm's resources and capabilities are organized and leveraged within the organization. A firm must effectively utilize and align its resources and capabilities with its strategic objectives and business processes. For instance, a company with a well-established supply chain management system can effectively leverage its resources to deliver products efficiently.
An example related to the VRIO framework is Apple Inc. Apple's brand reputation, represented by its distinctive logo and innovative product designs, adds value to its products and helps differentiate them from competitors. This resource is valuable. Apple's proprietary software and hardware technologies, such as iOS and custom-designed chips, are rare as they are developed in-house and not widely available to other companies. Finally, Apple's organization and integration of resources, such as design, manufacturing, and marketing, contribute to its success in delivering seamless and user-friendly products.
By applying the VRIO framework, firms can assess the competitive advantage derived from their resources and capabilities and make informed decisions regarding their strategic direction and resource allocation.
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What is a target market?
Answer:
It’s the certain aiming group where product and stuff are aimed towards they’re being directed to that specific group.
Explanation:
What is the biggest business in the world right now and why.
Answer:
Apple
Explanation:
It is worth the most money. It is worth 2 trillion dollars.
Answer:
anime
Explanation:
an anime? jus cu.z i luv anime
How much does a check-cashing place typically charge to cash a check?
3%, The cost for cashing checks varies, with most states setting limits on how much a business can charge to provide this service. The fee charged is often a percentage of the amount of the check being cashed, and can range from 1%-12%.
Business law is a vast body of state and federal law governing business activities that includes statutes (codes), common law, court cases, and: Choose 2 answers. Not all correct answers selected corporate citizenship. regulations. constitutions. ethics.
Business law is a vast body of state and federal law governing business activities that includes statutes (codes), common law, court cases, The correct answers are regulations and ethics.
Business law encompasses various sources of law, including statutes (codes), common law, court cases, and regulations. Regulations refer to rules and guidelines issued by governmental agencies that have the force of law and provide specific requirements and standards for conducting business activities. These regulations are created to ensure compliance with legal and safety standards and cover areas such as employment, environmental protection, consumer protection, and more.
Ethics, although not a source of law itself, is an important consideration within business law. Ethics refers to principles and standards of conduct that guide ethical decision-making in business. While not legally binding, ethical considerations play a crucial role in business practices and decision-making, as they reflect values, integrity, and social responsibility.
Corporate citizenship and constitutions, while relevant in the broader context of business and law, are not directly associated with the sources of law in the given options.
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A company manufactures wooden chairs for a fixed cost of 5000dhs and variable costs of 30dhs per chair. The company sells the chairs for 50dhs each. (a) Find a formula for the cost function. (b) Find a formula for the revenue function. c) Find the profit function.
The formula for the profit function is P(x) = 20x - 5000. The profit function is a mathematical representation of the relationship between the quantity of goods or services produced/sold and the corresponding profit generated by a company.
(a) The cost function represents the total cost incurred by the company to manufacture a certain number of wooden chairs. In this case, the fixed cost is 5000dhs, which remains constant regardless of the number of chairs produced. The variable cost is 30dhs per chair, and it varies depending on the quantity of chairs manufactured.
Let's denote the number of chairs produced as 'x'. The formula for the cost function can be derived as follows:
Cost function = Fixed cost + Variable cost
Cost function = 5000 + 30x
Therefore, the formula for the cost function is C(x) = 5000 + 30x.
(b) The revenue function represents the total revenue generated by the company from selling a certain quantity of wooden chairs. In this case, the selling price of each chair is 50dhs.
Let 'x' represent the number of chairs sold. The formula for the revenue function can be derived as:
Revenue function = Selling price per chair × Number of chairs sold
Revenue function = 50x
Therefore, the formula for the revenue function is R(x) = 50x.
(c) The profit function represents the total profit obtained by the company, which is the difference between the revenue and the cost. The profit function can be calculated by subtracting the cost function from the revenue function.
Profit function = Revenue function - Cost function
Profit function = R(x) - C(x)
Profit function = 50x - (5000 + 30x)
Profit function = 20x - 5000
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