The role of marketing in increasing sales in company includes: Target audience, Awareness, Leads generation and Sales.
Marketing plays a significant role in increasing sales for companies. By using various techniques and strategies, marketing helps to promote and raise awareness of a company's products and services to potential customers. Here are some of the roles of marketing in increasing sales in a company:
1. Identifying the target audience: Marketing helps to identify the target audience or market for a company's products or services. By understanding the needs and preferences of potential customers, marketing can tailor a company's offerings to meet their specific needs.
2. Creating awareness: Marketing helps to create awareness of a company's products or services among potential customers. By using various marketing channels such as advertising, public relations, social media, and content marketing, marketing can reach a wide audience and inform them about the benefits of a company's offerings.
3. Generating leads: Marketing helps to generate leads or potential customers for a company. By using various techniques such as lead magnets, email marketing, and search engine optimization, marketing can attract potential customers and encourage them to engage with a company's offerings.
4. Converting leads into sales: Marketing helps to convert leads into sales by using various techniques such as persuasive copywriting, compelling calls-to-action, and effective sales funnels. By guiding potential customers through the sales process, marketing can turn them into loyal customers who are more likely to make repeat purchases.
Overall, marketing plays a crucial role in increasing sales for companies by identifying the target audience, creating awareness, generating leads, and converting leads into sales.
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name two reasons why it is important to check your bank statements on a regular basis.
Filing taxes and Applying for loans two reasons why it is important to check your bank statements on a regular basis.
Bank statements are records that list all of the transactions that have occurred in a bank account during a specific time period, usually monthly. These statements may originate from credit card records, investment accounts, checking or savings bank accounts, etc. There are a number of reasons why organizations might want to keep certain business documents on hand.
Documenting business operations may be aided by keeping bank statements. Your company operations are also documented in your bank and credit card statements. You can use this to quickly get an overview of the activity on your account and spot any inconsistencies.
tax filing
Bank statements can be used as a financial record when it's time to submit taxes and will aid in monitoring the development of your company.
borrowing applications
A lender would normally request bank statements from you as a document throughout the loan application process.
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bob is working on an advertising campaign to promote downtown businesses. he knows the increasing number of advertising communication channels available and changes in consumers' media usage
Bob is aware of the expanding range of advertising communication channels and the evolving patterns of media consumption by consumers. He is working on an advertising campaign to promote downtown businesses .
Bob understands that traditional advertising channels, such as television, radio, and print media, have been supplemented by digital platforms, social media, mobile applications, and streaming services.
Moreover, he recognizes that consumers' media usage has shifted towards online platforms, streaming services, and mobile devices, requiring him to adapt his advertising campaign to effectively reach and engage his target audience.
Bob's awareness of the increasing number of advertising communication channels and changes in consumers' media usage will help him design a comprehensive and targeted campaign that maximizes the reach and impact of his promotion for downtown businesses
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Mention any there objectives of Accounting
Answer:
objectives of accounting in any business are:-
systematically record transactions sort and analysing them, prepare financial statements position, and aid in decision making with financial data and information about the business.
hope it is helpful....
employers use which form to compute the amount of federal income tax to withhold?
Employers use Form W-4 to compute the amount of federal income tax to withhold from an employee's paycheck.
Form W-4, also known as the Employee's Withholding Certificate, is a tax form that employees complete and submit to their employers. The purpose of this form is to provide the employer with information necessary to calculate the appropriate amount of federal income tax to withhold from the employee's wages.
When an employee starts a new job or experiences changes in their personal or financial situation, such as getting married, having a child, or receiving additional sources of income, they need to update their Form W-4 to ensure the correct withholding amount. The form includes sections where employees can indicate their filing status, the number of allowances they wish to claim, and any additional amounts they want to withhold.
Employers use the information provided on the Form W-4, along with the IRS withholding tables and formulas, to determine the amount of federal income tax to deduct from each paycheck. This ensures that the appropriate amount of taxes is withheld throughout the year, reducing the likelihood of owing a large sum at tax time or receiving a significant refund.
It's important for employees to review their Form W-4 periodically and make adjustments as necessary to ensure accurate withholding based on their individual tax situation.
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50 POINTS AND BRAINLIEST
Econ U2 Intro to Economics
Multiple Choice
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3. A sports collector is considering the purchase of either a hockey jersey or a baseball that was struck for a home run. If the collector chooses to purchase the jersey, what is the opportunity cost? *1point
the time lost looking at both items
the net value of the jersey for the collector
the net value of the ball for the collector
4. A farmer must decide between growing peppers or growing tomatoes. Which trade-off is the farmer considering? *1 point
the profit of growing peppers, compared to the profit of growing tomatoes
the retail value of peppers at the store, compared to the retail value of tomatoes at the store
the cost of growing peppers, compared to the cost of growing tomatoes
5. Kendra is trying to decide whether to go to Abby's house to watch a movie or to go to Samuel's house to play board games. They live about the same distance away, and there is no cost for either event. If she chooses to go to Abby's house, what is the opportunity cost? *1 point
There is no opportunity cost because there is no cost associated with either option. Economics do not apply to this kind of decision.
The difference in value to Kendra of the two options
The net value to Kendra of going to Samuel's house to play games.
6. Sergei had to decide among watching a two-hour movie with a cost of $20, buying a book to read for $10 that would take about four hours to read, and going to a three-hour concert for $30. If he considers the benefit of each situation to be proportional to the amount of time, with a value of about $50 per hour, what is the opportunity cost of the best decision? *1 point
$80
$150
$120
9. How does a pure command economy answer the basic question of which goods and services should be produced? *1 point
The producers decide what should be produced.
The government decides what should be produced.
The consumers decide what should be produced.
10. How does a pure market economy answer the basic question of which goods and services should be produced? *1 point
Producers decide what should be produced.
The government decides what should be produced.
The law of supply and demand drives this choice.
11. Which of the following principles of a free enterprise system BEST explains why businesses in an industry cannot maintain an artificially high price? *1 point
producer sovereignty - they can choose to produce what they want
property rights - producers can own or rent the building they manufacture in
open opportunity - other producers can decide to sell it slightly cheaper to attract more customers
12. Which of the following is an example of open opportunity? *1 point
A student learns to make web pages and starts making websites for local small businesses.
A business decides to change its website provider to reduce cost.
A farmer has the right to decide which crops to plant in his field.
13. Which is an example of a private good? *1 point
an internet connection from a local cable company
a personal computer or tablet used to access the internet
positions in a free online game limited to 100 people
14. Which of the following is a positive externality that would result from converting the inner part of a city to a pedestrian only area? *1 point
the increase in commute time for people who work in the area
a decrease in business in the area
the decrease of pollution in the city
Answer: sorry i took long
3. the time lost looking at both items
4. The cost of growing peppers, compared to the cost of growing tomatoes.
5.The net value to Kendra of going to Samuel's house to play games.
6. $150
9. The producers decide what should be produced.
10. Producers decide what should be produced.
11. property rights - producers can own or rent the building they manufacture in
12. A student learns to make web pages and starts making websites for local small businesses.
13. a personal computer or tablet used to access the internet
14. the decrease of pollution in the city
3. A sports collector is considering the purchase of either a hockey jersey or a baseball that was struck for a home run. If the collector chooses to purchase the jersey, what is the opportunity cost?
the time lost looking at both items ✓ the net value of the jersey for the collectorthe net value of the ball for the collector⇢ opportunity cost refers to the time wasted when we look for one thing and buy another one
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4. A farmer must decide between growing peppers or growing tomatoes. Which trade-off is the farmer considering?
the profit of growing peppers, compared to the profit of growing tomatoesthe retail value of peppers at the store, compared to the retail value of tomatoes at the storethe cost of growing peppers, compared to the cost of growing tomatoes ✓⇢Trade off refers to the lost when we perform something resulting in losing a day wage
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5. Kendra is trying to decide whether to go to Abby's house to watch a movie or to go to Samuel's house to play board games. They live about the same distance away, and there is no cost for either event. If she chooses to go to Abby's house, what is the opportunity cost?
There is no opportunity cost because there is no cost associated with either option. Economics do not apply to this kind of decision.The difference in value to Kendra of the two optionsThe net value to Kendra of going to Samuel's house to play games. ✓⇢opportunity cost refers to the time wasted when we look for one thing and buy another one
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6. Sergei had to decide among watching a two-hour movie with a cost of $20, buying a book to read for $10 that would take about four hours to read, and going to a three-hour concert for $30. If he considers the benefit of each situation to be proportional to the amount of time, with a value of about $50 per hour, what is the opportunity cost of the best decision?
$80 $150$120 ✓⇢opportunity cost refers to the time wasted when we look for one thing and buy another one
⇢Most benefit : 2 hours movie cost $20
=$20 + $50 x 2=$20 +$100=$120-----------------------------------------------------------------
9. How does a pure command economy answer the basic question of which goods and services should be produced?
The producers decide what should be produced.The government decides what should be produced.The consumers decide what should be produced. ✓⇢More demand,more production
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10. How does a pure market economy answer the basic question of which goods and services should be produced?
Producers decide what should be produced. ✓ The government decides what should be produced.The law of supply and demand drives this choice.⇢Here , producer being the head , decides what should be produced.
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11. Which of the following principles of a free enterprise system BEST explains why businesses in an industry cannot maintain an artificially high price?
producer sovereignty - they can choose to produce what they wantproperty rights - producers can own or rent the building they manufacture inopen opportunity - other producers can decide to sell it slightly cheaper to attract more customers ✓⇢Lower the price,more the sale if both are of same quality
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12. Which of the following is an example of open opportunity?
A student learns to make web pages and starts making websites for local small businesses. ✓ A business decides to change its website provider to reduce cost.A farmer has the right to decide which crops to plant in his field.⇢ It's government plan to encourage manufacturers
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13. Which is an example of a private good?
an internet connection from a local cable companya personal computer or tablet used to access the internet ✓positions in a free online game limited to 100 people⇢Private good belongs to an individual and not to a group or an organisation
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14. Which of the following is a positive externality that would result from converting the inner part of a city to a pedestrian only area?
the increase in commute time for people who work in the area ✓ a decrease in business in the areathe decrease of pollution in the city⇢the increase in commute time for people who work in the area would help people to use pathways more often
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Melody is considering the installation of solar panels for her house. solar city quoted her a total cost of $22,000. she expects to save $3,500 per year in utility cost. melody planned to sell her house and downsize after 15 years. if her opportunity cost of capital is 10%, should she install the solar panels? g
The project should be approved since the NPV is positive and the IRR is larger than the cost of capital. She should put up solar panels.
Solar panels, also known as photovoltaics, absorb solar energy from the Sun and convert it into electricity that may be used to power houses or businesses. These panels can be used to complement the electricity in a structure or to supply power in remote regions. Solar panels are made up of individual solar cells that are made up of layers of silicon, phosphorous (which gives the negative charge), and boron (which provides the positive charge). Solar panels absorb photons and generate an electric current as a result. Solar panels are light-to-electricity converters. They are named "solar" panels because the Sun, also known as Sol by astronomers, is the most powerful source of light accessible most of the time.
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Which of these best describes the sport management field?
A) It is narrower than other physical activity fields. B) It focuses only on business aspects. C) It focuses on athletics only. D) It offers many employment opportunities.
Sports management involves the study of various aspects of the sports business, applying business concepts to sports organizations. It offers numerous employment opportunities due to the growing sports industry.
The sport management field offers many employment opportunities. This best describes the sport management field. Sports management refers to the study of all aspects of sports business from recreational to professional-level sports, from physical activity to entertainment. Students of sports management learn to apply theoretical business concepts to sports-related organizations or businesses. They're in charge of tasks such as athletic organization, facility management, sports marketing, and revenue generation.
A career in sports management has become increasingly popular in recent years due to the growth of the sports industry. Because of this, there are numerous job opportunities available to sports management graduates. Thus, the sport management field offers many employment opportunities.
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Explain the concept of market and market identification.
Identify communications channels used in sales promotion.
Explain types of advertising media.
Describe effective advertising layouts.
Write copy for advertisements.
Copywriting for advertisements should be concise and to the point, utilize descriptive language, use active voice, include an attention-grabbing headline, and provide a clear call-to-action.
What is Copywriting?Copywriting is the practice of crafting words and phrases in order to create promotional materials that are designed to sell products or services. It requires a great deal of creativity and an ability to write in an engaging and persuasive manner. Copywriting involves researching, understanding the target audience, creating attention-grabbing headlines and crafting persuasive copy to persuade readers to take action. It is an essential part of the marketing process and can be used to effectively reach potential customers and increase sales. Copywriters use a variety of techniques to create effective copy, such as using powerful words, creating vivid imagery, and making use of persuasive language. Copywriters must be able to understand the needs of their target audience, create compelling headlines and body copy, and be able to effectively target the right people. In addition, copywriters must be able to measure the success of their copy and make adjustments based on the results.
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select all that apply which of the following is/are true about the impact of variability on managing processes? multiple select question. customers understand that process variability occurs and accept that delays are inevitable. variability in processes can make planning and managing the process more challenging. process variability can lead to product delays and shortages, which can lead to a damaged company reputation.
Option B is correct. Variability in processes can make planning and managing the process more challenging. Process variability can lead to product delays and shortages, which can lead to a damaged company reputation.
What is process variability?Process variability highlights the underlying variations and oscillations in a process's outcome. A number of things, including variances in building ingredients, logistics planning, human mistake, or ecological factors, might contribute to it. Process variability can cause problems including delays, faults, and higher costs while also affecting a process's effectiveness, efficiency, and quality. To maintain quality and consistency of output, businesses must track and manage process variability. To recognize and minimize process variability, strategies like Statistical Process Control (SPC) and Six Sigma can be applied.
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If D0 = $1.75, g (which is constant) = 3.6%, and P0 = $32.00, what is the stock�s expected total return for the coming year?
Therefore, the stock's expected total return for the coming year is approximately 9%.
To calculate the stock's expected total return for the coming year, we need to consider two components: dividend yield and capital appreciation.
Dividend yield is the annual dividend per share divided by the stock's current price. In this case, D0 represents the annual dividend per share, and P0 represents the stock's current price. Therefore, the dividend yield (DY) can be calculated as follows:
DY = D0 / P0
DY = $1.75 / $32.00
DY = 0.0546875 (approximately 0.055 or 5.5%)
The capital appreciation component takes into account the expected growth rate (g) of the stock. The expected capital appreciation rate (CA) can be calculated as:
CA = g
CA = 3.6%
To find the stock's expected total return (TR), we sum the dividend yield and the capital appreciation:
TR = DY + CA
TR = 0.055 + 0.036
TR = 0.091 (approximately 0.09 or 9%)
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Navel County Choppers, Inc., is experiencing rapid growth. The company expects dividends to grow at 19 percent per year for the next 8 years before leveling off at 5 percent into perpetuity. The required return on the company’s stock is 10 percent. If the dividend per share just paid was $1.52, what is the stock price?
Answer:
Price of stock = $74.636
Explanation:
The Dividend Valuation Model is a technique used to value the worth of an asset. According to this model, the worth of an asset is the sum of the present values of its future cash flows discounted at the required rate of return.
The price of the stock will the sum of the present value of the growing annuity and the growing perpetuity
Present value of dividend from year 1 to 8
The PV of the growing annuity = A/r-g) ( 1- (1+g)/(1+r)^n )
A- dividend payable now , r- required of return, g-growth rate, number of years
PV = 1.52×(1.19)/(0.1-0.19) × (1 -(1.19/1.1)^8)= 17.605
PV of Dividend from year 9 and beyond:
P = D× g/(r-g)
This will be done in two steps:
Step 1: PV(in year 8)of dividend = (1.52× 1.19^8× 1.05)/(0.1-0.05)= 122.250
Step 2 : PV in year 0 = 122.25× 1.1^(-8)= 57.030
Price of stock = 17.60 + 57.030= 74.63
Price of stock = $74.636
Sandy was just admitted as a partner to able and baker veterinarians, an existing partnership. what is sandy's liability for partnership obligations?
Explanation:
A partner who withdraw drom is expected to give obligations for partnership
What is the cost of implementation, and why does it matter? How do you minimize it?
The cost of implementation refers to the expenses that a company incurs in order to implement a new processor technology. By minimizing this cost through careful planning, prioritization and companies can achieve their goals while preserving their bottom line.
This cost includes everything from the initial investment in hardware and software to the ongoing maintenance and support required to keep the system running smoothly. The cost of implementation is an important factor to consider because it directly impacts the overall profitability of the company.
Minimizing the cost of implementation is important because it can help a company to achieve its goals without overburdening its finances. To minimize the cost of implementation, a company can start by conducting a thorough cost-benefit analysis to determine the potential return on investment (ROI) of the new process or system.
This analysis should take into account not only the direct costs of implementation but also the indirect costs, such as training, support, and downtime.Other strategies for minimizing the cost of implementation include:Prioritizing the most critical aspects of the implementation and postponing less critical components until later.
Choosing a scalable solution that can grow with the company and reduce the need for future upgrades. Working with experienced vendors or consultants who can provide guidance and support throughout the implementation process. Implementing the new system or process in stages rather than all at once, which can reduce the risk of disruption to daily operations.
Overall, the cost of implementation is an important consideration for any company looking to implement new processes, systems, or technologies.
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Dividing potential customers into groups of similar people is known as
A. customer relationship management
B. market segmentation
C. environmental scanning
D. public accounting
The division of the customers into groups of the similar people is known as market segmentation. Thus correct option is (B).
What is Market Segmentation?Market segmentation is the marketing strategy in which the people are divided into similar groups making the small segments who has the common needs and respond same to the marketing action.
Market segmentation is the process of grouping comparable clients together. Therefore the correct option is (B).
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Allocated common costs are blank______ avoidable and/or relevant to a decision.
Allocated common costs are generally considered to be unavoidable and/or relevant to a decision.
Common costs are expenses that cannot be directly traced to a specific product, department, or cost center. Instead, they are incurred for the benefit of multiple products or departments within an organization. When allocating common costs, these costs are divided and assigned to different cost objects based on an allocation method, such as the proportion of sales, direct labor hours, or square footage.
While allocated common costs are necessary to fairly distribute costs across different cost objects, they are often unavoidable and cannot be eliminated or attributed solely to one specific decision or cost center. Therefore, in decision-making processes, allocated common costs are typically considered to be relevant because they represent a portion of the overall costs associated with a particular decision or activity.
By including allocated common costs in decision analysis, managers can have a more accurate representation of the total costs involved and make informed decisions based on the complete cost picture. Ignoring allocated common costs may lead to distorted cost analysis and suboptimal decision-makinng.
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Class Activity:
FoxFirst Consulting is providing services for an organization with traveling developers. These developers need to collaborate with each other and their teams back at the office weekly
1.)Provide them with a computing solution to remove the following constraints:
(i) Distance, File Sharing, Weekly touchpoint meetings, system backup
Ensure that recommended solutions are FIT FOR PURPOSE & FIT FOR USE
subject- Information Technology Service Management (ITSM)
The recommended computing solutions that could help the traveling developers in collaborating with each other and their teams back at the office weekly are as follows:
1. Distance: For resolving the issue of distance, the recommended computing solution is Video conferencing software. The video conferencing software facilitates the developers to interact with their team members by attending virtual meetings. Video conferencing helps remote teams to stay connected, and it is a cost-effective solution for distance-related issues.
2. File sharing: For resolving the issue of file sharing, the recommended computing solution is cloud storage. Cloud storage provides a remote location for storing and sharing data securely. The developers can access the data remotely by logging in to the cloud server, which facilitates file sharing among teams from different locations.
3. Weekly touchpoint meetings: For resolving the issue of touchpoint meetings, the recommended computing solution is collaboration software. Collaboration software is used for planning, managing, and tracking tasks and projects. The developers can use this software to plan their weekly touchpoint meetings with their teams.
4. System backup: For resolving the issue of system backup, the recommended computing solution is a backup tool. A backup tool is used for backing up the data from the remote systems. The developers can use the backup tool to backup their data to the cloud server or external hard drives for data recovery in case of any system failure. The recommended solutions are FIT FOR PURPOSE & FIT FOR USE because they satisfy the requirements of the developers and the organization and help them to work more efficiently and effectively.
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Protectionism protects domestic industries from the competitive forces exerted by foreign firms. True or False
The given statement "Protectionism protects domestic industries from the competitive forces exerted by foreign firms" is true as emerging sectors in countries benefit from it.
Protectionism is the practise of defending domestic industries against foreign competition by the imposition of tariffs, subsidies, import quotas, and other barriers to their products. Even though almost all mainstream economists concur that free trade generally benefits the global economy, many nations have implemented protectionist policies.
The main protectionist measures are imposed by the government through tariffs. They increase the cost of imported goods, pushing them above comparable domestic goods in price. It can also be used to encourage defence industry self-sufficiency.
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Which of the following statements about the Web is not true?A) The Web is the technology upon which the Internet is based.B) The Web was the original "killer app."C) The Web provides access to pages written in HyperText Markup Language.D) The Web is both a communications infrastructure and an information storage system.
The statement that is not true about Web is B) The Web was the original "killer app." While the Web is an incredibly popular and influential application of the Internet, it was not the original "killer app."
The term "killer app" refers to a software application or technology that is so compelling that it drives widespread adoption of a particular platform or technology.
In the case of the Internet, the original "killer app" was email. Email was the first widely used application that provided a compelling reason for individuals and organizations to connect to the Internet.
Before the Web, email was the primary way that people communicated and shared information online. The Web, however, quickly became another important application that drove the growth and development of the Internet.
It provided a way to access and share information in a user-friendly and visually appealing way, and it helped to popularize the use of the Internet for e-commerce, social networking, and other purposes.
Overall, while the Web was not the original "killer app" of the Internet, it has certainly played a significant role in shaping the way we use and interact with the online world.
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Distinguish between a franchise and a license. . What restrictions are usually placed upon a franchisee carrying on other business activities?
A franchise is a business model where a franchisee operates a business under the brand and systems of a franchisor, while a license grants permission to use intellectual property.
A brand without the extensive support and control provided in a franchise relationship. Franchisees are typically restricted from engaging in other business activities that directly compete with the franchisor's brand or system.
A franchise is a business arrangement where a franchisor grants a franchisee the right to operate a business using its established brand, trademarks, and business systems. The franchisee pays fees and royalties to the franchisor and receives support, training, and marketing assistance in return. In contrast, a license is a legal agreement that permits an individual or organization to use intellectual property, such as a brand or trademark, for a specific purpose or within certain parameters. Licenses usually involve a one-time fee or ongoing royalties but do not come with the extensive support and control provided in a franchise relationship.
In a franchise agreement, there are often restrictions placed on franchisees regarding other business activities. These restrictions are in place to protect the franchisor's brand and prevent conflicts of interest. Franchisees are typically prohibited from engaging in other business ventures that directly compete with the franchised business. This ensures the franchisee's focus and commitment to the franchisor's brand and system. These restrictions may be outlined in the franchise agreement and can vary depending on the industry and specific franchise arrangement.
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according to the s.a.v.e. framework, customers are drawn to ______.
According to the S.A.V.E. framework, customers are drawn to value. Value refers to the perceived benefits that customers receive in relation to the price they pay for a product or service. It encompasses a combination of factors that satisfy customers' needs and desires while providing a favorable trade-off between cost and benefits.
Customers are drawn to value because it represents a compelling proposition that meets their expectations and delivers benefits that outweigh the cost. Value can be created through various means such as offering high-quality products, competitive pricing, excellent customer service, innovative features, convenience, customization, or unique experiences. By providing value, businesses differentiate themselves from competitors and build strong customer relationships, fostering loyalty and repeat business.
Understanding what customers perceive as valuable and continuously striving to deliver it is essential for attracting and retaining customers. The S.A.V.E. framework emphasizes the importance of creating and communicating value effectively, as it is a key driver of customer satisfaction, loyalty, and ultimately, business success.
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who do you contact if you have questions about repayment plans?
Answer:
Contact the Department of Education's (ED) Office of Federal Student Aid (FSA) if you have questions about your loans or payments.
Explanation:
mark me brainliest
Answer:
the Department of Education's (ED) Office of Federal Student Aid (FSA) ***
Let's say Owen would like to take another loan to pay for new furniture, and the loan payment would be $325 per month. If he took this new loan, would he have excessive debt? Remember, he makes $2,500 per month and he already spends $250 on credit card payments and $400 on an auto loan.
Explanation:
325 I think buy I am not sure.
A customer who buys a cup of coffee because they're feeling sleepy during the workday has experienced which of the following?
an internal stimulus
an external stimulus
an emotional appeal
a lexical appeal
a rate of growth of real gdp that equals the rate of population growth causes the average standard of living to
A rate of growth of real GDP that equals the rate of population growth causes the average standard of living to "remain constant".
The rate of growth of real GDP is equal to the rate of population growth, the average standard of living tends to remain constant because the increase in real GDP is offset by the increase in population and per capita GDP that stays relatively unchanged.
Per capita GDP is a measure of the average economic output per person in a country and it means that the increase in goods and services produced is distributed across a larger population which results in a relatively stable average standard of living.
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The process by which prospective buyers "internalize" or consider the information presented by the salesperson is referred to as a black box because:A. sales actions lead to buyer reactions.B. salespeople cannot read a buyer's mind.C. psychological needs outweigh social wants.D. for every stimulus, there must be a response.E. salespeople seem untrustworthy to most buyers.
Answer:
B. salespeople cannot read a buyer's mind
Explanation:
Since in the question it is mentioned that the prospective buyer or the buyer who wants to purchased considerd that information which is presented by the seller that called as a black box as the sales people is not able to read the purchaser mind as they are also a human and they dont know what actually the buyer wants until the buyer didnt tell them about their need
Therefore, the correct option is B.
The stadium incurs a number of costs to accommodate fans. If the stadium pays $14,000 for labor, $45,000 for leasing parking space, and $57,000 to provide busing to and from the parking areas, what are the percentage costs for labor, leasing, and busing as a percentage of total costs? (Round to the nearest percent. )
a) 5 percent, 35 percent, 60 percent
b) 12 percent, 39 percent, 49 percent
c) 10 percent, 40 percent, 50 percent
d) 30 percent, 35 percent, 35 percent
The correct answer is option (b) 12 percent, 39 percent, 49 percent.
To find the percentage costs for labor, leasing, and busing as a percentage of the total costs, we need to add up all the costs and then calculate the percentage of each individual cost.
Total costs = labor cost + leasing cost + busing cost = $14,000 + $45,000 + $57,000 = $116,000
Percentage cost for labor = (labor cost / total costs) x 100% = ($14,000 / $116,000) x 100% = 12.07% ≈ 12%
Percentage cost for leasing = (leasing cost / total costs) x 100% = ($45,000 / $116,000) x 100% = 38.79% ≈ 39%
Percentage cost for busing = (busing cost / total costs) x 100% = ($57,000 / $116,000) x 100% = 49.14% ≈ 49%
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What are internal source and external source
All of the following are characteristics of perfect competition EXCEPT Group of answer choices many buyers and sellers. lack of barriers to entry or exit. homogeneous products. each firm is a price taker. product differentiation.
Perfect competition is a market structure where many buyers and sellers trade identical products, and no single buyer or seller has a significant influence on the price of the product.
Additionally, the market has low barriers to entry and exit, meaning new firms can easily enter or exit the market without facing significant obstacles. In perfect competition, products are homogeneous, meaning that they are identical across producers, and each firm is a price taker, meaning they must accept the market price for their product.Product differentiation is not a characteristic of perfect competition. In a perfect competition market, all products are identical, meaning that there is no differentiation among them. This allows consumers to switch between suppliers without any cost. However, in markets with product differentiation, firms try to differentiate their products from their competitors by offering unique features or attributes, and consumers are willing to pay a premium for these unique features. As a result, firms can charge a higher price than their competitors, leading to an imperfectly competitive market structure.
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rebecca, a human resource executive, received a letter from her manager, advising her to organize an interactive program for some of the employees of the organization. rebecca needs to call her manager to find out the objective of the program, when it needs to be organized, and which employees need to attend the program. in this scenario, the manager's letter does not represent good business and administrative communication because
In this scenario, the manager's letter does not represent good business and administrative communication because the message is not complete.
What is administrative communication?
Administrative procedures are planned, managed, upheld, and justified through the use of administrative communication. This generally refers to all communication services that fall under the purview of the public administration. To be productive and effective in your role, administrative communications include drafting business correspondence such as memos, notices, reports, and letters, speaking in meetings and presentations, and listening to all levels of employees, coworkers, and superiors. Unquestionably, all citizens have a fundamental need for communication. Humans are capable of creating and disseminating ideas, or communicating knowledge.
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horizontal scope refers to the ___multiple choice
a. range of activities that the firm performs internally.
b. range of product and service segments that a firm can serve within its focal market. c. extent to which a firm engages in the various activities from initial activities all the way to after-sales activities. d. decision to outsource or insource certain processes of a company. e. extent to which strategic alliances and partnerships are used.
Horizontal scope refers to the range of product and service segments that a firm can serve within its focal market.
Horizontal scope refers to the range of products and services that a firm can serve within its focal market. This helps the company to obtain additional resources from the existing resources the company already has. Horizontal scope helps a company to capitalize on its internal strengths and external opportunities. This strategy is employed when there are no major possibilities for vertical expansion.
To stay competitive in the market, a company should have an accurate understanding of its horizontal scope, which may include product and service extensions, new channels to market, or new geographic markets, among other factors. The horizontal scope is determined by the market potential and the value chain activities that the company performs internally. Therefore, a company's horizontal scope depends on its resources and competitive advantage. Option B is the correct answer.
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