When a company lengthens a product line by adding more items within that lines current range, they are ______.
Answers
When a company lengthens a product line by adding more items within that lines current range, they are extending the product line.
Product line extension is the process of adding new products to an existing product line in order to meet the needs of existing customers more completely, and to tap into new customer markets with new products. When a business extends a product line, it is either expanding it upward, downward, or sideward. The product line extension helps companies to broaden their customer base and also earn more profits by offering multiple options and choices in the product line.
Instead of creating a brand new product, companies prefer to extend their product line as it is more cost-efficient and requires less marketing expense. To extend the product line, companies add new variations or flavours to the existing products. Some examples of product line extensions are McDonald's offering more options for their burger, including variations like McChicken, McVeggie and so on.
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Related Questions
Q Use the drop-down menus to identify which vocabulary terms match the definitions.
1) (Short-term/ long-term ) goals are goals that a person means to accomplish in the near
future, such as in a day, a week, or a month.
2) (Short-term/ long-term ) goals are goals that a person means to accomplish in a longer period of time, such as in a semester, a year, or ten years.
3) Setting a (professional goal/personal goal ) involves determining something in your career that you would like to achieve, such as a promotion, within a set timeframe.
Answers
Answer:
1) → Short-term goals are goals that a person means to accomplish in the near future, such as in a day, a week, or a month.
2) → long-term goals are goals that a person means to accomplish in the near
future, such as in a day, a week, or a month.
3) → Setting a professional goal involves determining something in your career that you would like to achieve, such as a promotion, within a set timeframe.
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Short-term
long-term
professional goal
Which common question is NOT asked during the business analysis stage?
Group of answer choices
How much profit will be earned?
Would current customers benefit from the products?
How might competitors respond?
What new facilities, if any, will be needed?
Answers
The common question that is NOT asked during the business analysis stage is "What new facilities, if any, will be needed?".
What is Business Analysis?
Business analysis is the task of understanding company’s changes, discovering requirements, and delivering solutions to business problems. The purpose of business analysis is to identify the organization's needs and opportunities. Business analysis is the foundation of all change and needs to be properly established and managed.The purpose of business analysis includes:
To identify potential areas of growthTo reduce operational costsTo recognize areas for improving the organization's efficiencyTo evaluate and select IT solutions for the organizationTo ensure that all of the organization's requirements are properly communicatedTo provide a better understanding of the marketplace and competitionTo ensure the success of projectsTo provide the basis for measuring success
What is the Business Analysis Stage?
Business analysis is a key element of software development, especially in agile development. Business analysis is the phase of the software development process where an individual thoroughly analyses the business and its problems and delivers a solution to those problems. The business analyst is in charge of the business analysis stage. A business analyst is a key member of any software development team. Business analysis is the phase of the software development process where an individual thoroughly analyses the business and its problems and delivers a solution to those problems. The business analyst is in charge of the business analysis stage.
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question content area part 1 scarcity part 2 a. can be overcome by discovering new resources. b. stems from the incompatibility between limited resources and unlimited wants. c. is a bigger problem in market economies than in socialist economies. d. can be eliminated by rationing products.
Answers
Scarcity stems from the incompatibility between limited resources and unlimited wants
Because the desires of economic agents, such as people, businesses, or the government, are limitless, scarcity is a fundamental economic problem that affects every civilization. The incompatibility of finite resources and countless wants is the root of the world's economic problems.
Resources are constrained in that there is only a certain amount of them, and they cannot be expanded to satisfy everyone's unending needs or those of society as a whole. People and society must therefore decide how to divide up these finite resources in order to best satisfy their needs and wants. All economic activity is fueled by scarcity, which is the reason people have to make decisions and trade-offs.
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Sara would like to open a bank account. What will she need to do this? Choose three answers.
identification card
high school diploma
money to start the account
birth certificate
proof of address
Answers
Answer:
identification card, money to start the account, and proof of address.
Explanation:
She will need Identification card, Minimum Money and Proof of address.
Any financial institutions such as banks and Insurance industry are mandated to collect information about their prospective client before giving them an account.
Most of the banks will ask Sara to provide the her Social Security number, Valid photo ID and Minimum opening deposit which varies from banks to banks.In conclusion, Sara will need to provided her Identification card, Money to start and Proof of address.
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A decrease in the demand for soft drinks due to changes in consumer tastes, accompanied by an increase in the supply of soft drinks as a result of reductions in input prices, will result in.
Answers
A decrease in soft drink demand due to shifts in consumer tastes, combined with an increase in soft drink supply due to lower input prices, will lead to a decrease in soft drink equilibrium price; the equilibrium quantity might very well increase or decrease.
The equilibrium price is the only price at which consumers' and producers' plans coincide—that is, the amount consumers desire to purchase of the good or service, quantity demanded, equals the number producers want to sell, quantity supplied. The equilibrium quantity is the name given to this common quantity. In any other cost, the quantity demanded doesn't really equal the quantity supplied, indicating that the market is not in equilibrium.
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Why any business should choose NPV metho over pay back and
Proftibaility Index?
Answers
Businesses should choose the Net Present Value (NPV) method over the Payback Period and Profitability Index because NPV provides a more comprehensive and accurate assessment of investment profitability.
NPV takes into account the time value of money by discounting future cash flows, providing a clearer picture of the investment's true value. It considers all cash flows throughout the project's life, enabling a more accurate evaluation of profitability. In contrast, the Payback Period only focuses on the time required to recoup the initial investment, ignoring cash flows beyond that point. The Profitability Index, while considering the ratio of present value of cash inflows to outflows, doesn't provide a clear indicator of the actual value generated. NPV, with its holistic approach, helps businesses make better investment decisions by considering both the timing and magnitude of cash flows.
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what is utility in business and marketing
Answers
Answer:
Utility marketing is the concept whereby a brand intersects the consumer at the moment of a non-commercial need, addresses their need, becomes a part of their life, and remains with them for when they're ultimately ready to make a purchase.
What were the two primary opportunities for women in europe during the middle ages?.
Answers
Work and Education were the two primary opportunities for women in Europe during the middle ages.
What is primary?First or highest place or importance. A major goal in his life. First in each row, sequence, etc. in order. first in time. earliest; primitive; Principal Use means the principal or primary use of property, building, or structure. Primary or primary education is usually the first level of formal education after preschool/kindergarten and before secondary school. Primary education takes place in elementary school, elementary school, or primary and secondary school, depending on location. The International Standard Classification of Education considers primary education to be a single-stage programme, and programs are typically designed to provide basic reading, writing and mathematics skills and provide a solid foundation for learning . This is ISCED Level 1: The first level of primary or basic education.To learn more about primary from the given link :
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If 60% of the population is female and 30% of females buy physical therapy services, and 70% of men buy physical therapy services, is there more demand for physical therapy from women or men?
a. women
b. men
Answers
Answer:
Men.
Explanation:
Well, 70% of 40% (100% - 60%) = 28% total population demand.
30% of 60% = 18%
28% > 18%
Answer:
Men
Explanation:
Let the number of men and female be 100
60% of 100 is 60
Therefore there are 60 female
30% of 60 is 18
so 18 women buy physical therapy
40% of 100 is 40
Therefore there are 40 men
70% of 40 is 28
so 28 men buy physical therapy
28>18 therefore there is a greater demand of physical therapy from men
During the interview process with both companies, Justin learns something about a new product that Big Box Co. Is producing that will directly compete with Hope Springs. Because Justin learned about the ethics of and what is unethical, he will not share this information during his interview with Hope Springs.
Answers
Answer:
Ethics of Competition
Explanation:
Justin Justin learned about the ethics of competition, which implies that he does not disclose what he knows even if it is not in favour of Hope Springs because competition allows for such concealment of information.
Remember, a major facet of the"ethics of competition" is that it allows for freedom, so Big Box Co. has the freedom to produce any new product that would give her greater advantages.
Ethics in the organization have an important role in the marketing of the organization and the employee's ethics are responsible for the company's work. The organization's ethics helps in evaluating the stake of the company in the market.
The ethics learned by Justin helps him maintain the principle of both the companies. The sharing of information from Justin's end will deteriorate his employee's ethics, and his chances of being selected for the company's position may reduce.
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if a firm's net profit margin is 5%, its total asset turnover is 2.3 times, and its debt-to-assets is 40%, what is the firm's return on equity? 19.17% 4.60% 11.5% 28.75%
Answers
To calculate the firm's return on equity (ROE), we need to use the formula:
ROE = Net Profit Margin × Total Asset Turnover × Equity Multiplier
First, let's calculate the equity multiplier using the debt-to-assets ratio. The equity multiplier is the reciprocal of the debt-to-assets ratio, which gives us:
Equity Multiplier = 1 / Debt-to-assets ratio
Given that the debt-to-assets ratio is 40%, the equity multiplier is:
Equity Multiplier = 1 / 0.4 = 2.5
Next, we'll use the given values of the net profit margin and the total asset turnover. The net profit margin is 5% (0.05) and the total asset turnover is 2.3.
Now, we can calculate the ROE using the formula:
ROE = Net Profit Margin × Total Asset Turnover × Equity Multiplier
ROE = 0.05 × 2.3 × 2.5
ROE = 0.2875
To convert this to a percentage, we multiply by 100:
ROE = 0.2875 × 100 = 28.75%
Therefore, the firm's return on equity is 28.75%.
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difference between middle and higher level professional
Answers
Plz, Help quickly. In accordance with the seven core elements of an effective occupational safety and health program, what should management do to support the program effectively?
Select the 4 answer options that apply.
Communicate their commitment to the programs through a written statement.
Establish realistic, attainable, and measurable goals.
Encourage employee participation by publicly punishing those who do not participate.
Only allow senior management level employees to be involved with the program evaluation, to avoid conflict.
Allocate resources to the program by integrating it into the budget and time planning.
Establish a process to report any safety and health concerns.
Answers
Answer:
Communicate their commitment to the programs through a written statement.
Establish realistic, attainable, and measurable goals.
Allocate resources to the program by integrating it into the budget and time planning.
Establish a process to report any safety and health concerns.
Explanation:
In accordance with the seven core elements of an effective occupational safety and health program, management should follow the following to support the program effectively:
Communicate their commitment to the programs through a written statement.
Establish realistic, attainable, and measurable goals.
Allocate resources to the program by integrating it into the budget and time planning.
Establish a process to report any safety and health concerns.
1. Juan is enrolled in marketing education courses and is 17 years old. Juan has been hired by an electrical contractor. Juan is hoping to use this job as a cooperative work site placement. You are told that Juan’s job is to pull electrical components out of inventory and drive them to the job site.
Answers
Answer:
What is the wholesaling industry?
Explanation:
Juan is enrolled in marketing education courses and is 17 years old. Juan has been hired by an electrical contractor. Juan is hoping to use this job as a cooperative work site placement. You are told that Juan’s job is to pull electrical components out of inventory and drive them to the job site.
Your answer
Gordon ramsay made his tv debut on which competitive cooking show?.
Answers
What is the future value of $25,000 invested for 10 years with a rate of return of 8%?
Answers
Answer:
6% on an investment that will return $450,000
Explanation:
explain the relationship between occupation and education with example
Answers
Answer:
People who do not qualify for a particular job are given education through training in order to gain the needed knowledge for that particular job. As students, we go to school in order to be educated for future jobs. Good education on a job gives a better understanding and this brings out an excellent delivery of work.
Explanation:
More consistent and extended education leads to more job opportunities, increased income, and the ability to change one's economic status. Education has not only a connection to sanitation and hygiene elements in informal settlements but also to general career development.
When a firm markets new securities, a preliminary registration statement must be filed with Group of answer choices the Securities and Exchange Commission. the Federal Deposit Insurance Corporation. the exchange on which the security will be listed. all other companies in the same line of business. the Federal Reserve.
Answers
Answer: the Securities and Exchange Commission.
Explanation:
When a firm markets new securities, the firm must file a preliminary registration statement with the Securities and Exchange Commission.
The mission of the Securities and Exchange Commission is to help protect the investors, and also maintain
an orderly, fair, and an efficient markets. Also, the Securities and Exchange Commission facilitate capital formation.
Davidson Corp. produces a single product: fireproof safety deposit boxes for home use.
The budget going into the current year anticipated a selling price of $71 per unit.
Because of competitive pressures, the company had to cut selling prices by 10% during
the year. Budgeted variable costs per unit are $48, and budgeted total fixed costs are
$164,000 for the year. Anticipated sales volume for the year was 18,000 units. Actual
sales volume was 5% less than budget. (1) What was the sales price variance for the
year?
Answers
Answer:
Sales price variance= $121,410 unfavorable
Explanation:
Giving the following information:
Standard selling price= $71
Actual selling price= 71*0.9= $63.9
Actual number of units sold= 18,000*0.95= 17,100
To calculate the selling price variance, we need to use the following formula:
Sales price variance= (standard price - actual price)*actual quantity
Sales price variance= (71 - 63.9)*17,100
Sales price variance= $121,410 unfavorable
e
17.
If 30,000 workers are unemployed in a state with a working age population of 400,000,
then the unemployment rate is?
a. 13.33%
b. 1,333.33%
c. .075%
d. 7.5%
Answers
Answer:
d. 7.5%?
Explanation:
the market equilibrium price for two-bedroom apartments in birmingham is $1,400. what will happen to the apartment market in this city if the city government decides to set the price for two-bedroom apartments at $1,100 in an attempt to make apartment living more affordable for local families?
Answers
Less families will reside in apartments, resulting in a decline in renter income and even though the families who receive the apartments may do better, there will still be a demand in this city.
How is market equilibrium determined?At the price where quantities demanded and supplied are equal, equilibrium is reached. By displaying the total price and quantity at which the supply and demand curves intersect, we may visualize a market in equilibrium.
Why is market equilibrium important and what does it entail?When market supply and demand are in balance, prices become steady. This is known as equilibrium. In general, a surplus of goods or services leads to lower prices, which increases demand, whereas a shortfall or undersupply raises prices, which decreases demand.
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A nation that has a comparative advantage in producing a good or service compared to
another nation can produce that good or service with a lower
O Efficiency
O Profit
O Resource cost
O Opportunity cost
Answers
Answer:
Opportunity cost
Explanation:
A country is said to have a comparative advantage in producing a good, if it has a lower opportunity cost of producing that good in comparison to the other country. For instance if the opportunity cost of producing Wheat in U.S is 2. While that in China is 1. It shows that China has a comparative advantage in producing wheat as compared to the U.S.
So a nation that has a comparative advantage in producing a good or service compared to the other nation can produce that good or service with a lower opportunity cost.
Efficiency, Profit and Resource cost are not directly related to comparative advantage. Although efficiency can contribute towards lower opportunity cost but it is not a scale used for international trade.
Thus, lower opportunity cost is the best alternative.
Help. business management
Answers
Answer: The break-even point is 66 units.
Explanation:
The break-even point can be found by dividing total fixed costs by the difference between selling price and variable cost.
(fixed cost) / (sale price - variable cost)
1980 / (50 - 20) = 66 units
Salt & Battery must sell 66 units of product before breaking even.
Please help
1. What are the disadvantages of labour intensive?
Answers
Answer:
Labour intensive is when products are mainly produced by human workers.
...
Labour intensive.
Advantages Disadvantages
Less expensive machinery costs Skilled workers take time to train
Humans can use their own initiative and problem solve Skilled workers will be paid more than unskilled workers
Explanation:
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how can you attract whole sale seller
Answers
Answer:
10 ways to increase your wholesale sales
1. Offer specials that bring retailers better-than-wholesale prices.
2.Provide outstanding customer service.
3.Make wholesale ordering, delivery, and billing as seamless as possible.
4 Streamline your operations.
5.Make order recommendations.
6.Create compelling, eye-catching campaigns.
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Read the following situation and decide whether or not anyone in the situation commits sexual harassment. Justify your judgement: “Kylie is Hector’s boss. Hector is attracted to Kylie and asks her on a date. Kylie, although flattered, turns Hector down. He feels a little hurt, but doesn’t bring it up again. Kylie, speaking with both male and female coworkers, describes Hector’s proposal and makes a joke about the lack of romantic prospects in his future. Hector hears about this conversation a week later.”
Answers
Answer:
Hector does not commit sexual harassment against Kylie when he asks her out. It is a one time event, and he does not push the issue. Kylie does not commit sexual harassment when she refuses Hector's proposal for a date. She does not demean him. Kylie does commit sexual harassment when she brings the incident up in the workplace. She speaks disparagingly of Hector's sexuality and it gets back to him. He can bring a sexual harassment claim against Kylie through his company.
Explanation:
on e2020
Answer:
Hector does not commit sexual harassment against Kylie when he asks her out. It is a one time event, and he does not push the issue. Kylie does not commit sexual harassment when she refuses Hector's proposal for a date. She does not demean him. Kylie does commit sexual harassment when she brings the incident up in the workplace. She speaks disparagingly of Hector's sexuality and it gets back to him. He can bring a sexual harassment claim against Kylie through his company.
Explanation:
Warm-Up
Teresa is considering purchasing a home for $220,000 by taking out a loan with an interest rate of 4.3% for 30 years. What would her monthly payment be?
Use the monthly payment formula to calculate the monthly payment for this loan:
M =
M = monthly payment
P = principal
r = interest rate
t = number of years
Answers
Answer:
$1,088.12
Explanation:
The formula for calculating monthly repayments is as below.
M= P x r
1 − (1+r)−^n
where p is the loan amount = $220,000
r = 4.3per cent or 0.043 % interest rate per year,
on monthly basis r will be 0.043/12=0.00358%
n = 30 year, which is 30 x 12 months= 360 months
M= $220,000 x 0.00358
1 - (1+0.00358 ) ^ - 360
M=$220,000 x 0.00358
1- 0.2762
M = $220,000 x (0.00358 /0.7238)
M = $220,000 x 0.0049461
M = 1,088.12
Monthly payments will be $1,088.12
A practitioner has examined a client's compliance with debt covenants associated with a bank loan and is ready to issue a report. Which of the following standards apply to the report?
Compliance attestation standards
Answers
Compliance attestation standards apply to the report when a practitioner has examined a client's compliance with debt covenants associated with a bank loan.
Compliance attestation standards is a set of standards that requires an independent auditor to attest to the fairness and integrity of an entity's financial and accounting records. Compliance attestation is a process in which an independent auditor attests to an entity's compliance with relevant laws, regulations, and rules. The attestation process may include an examination of financial records, as well as interviews with management and staff.
A practitioner has examined a client's compliance with debt covenants associated with a bank loan and is ready to issue a report. The report should conform to the compliance attestation standards, which include a set of criteria for the attestation process. Compliance attestation standards, which are established by the American Institute of Certified Public Accountants (AICPA), govern the attestation process and help ensure that auditors follow standard procedures and best practices.
Compliance attestation standards are used in the following types of audits: financial statement audits, service organization control (SOC) audits, and other specialized audits.
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How does the circular flow model represent the interactions between households and firms?
Answers
The interplay between two sets of economic decision-makers—households and businesses—as well as two different categories of economic markets—the market for commodities and the market for products and services—is depicted by the circular flow model.
The approach demonstrates how businesses and households can benefit from each other.
What three categories of economic decisions are there?Economic decisions affect the production, trade, distribution, consumption, saving, and investment of economic resources. The objectives of individuals, private organizations, and society at large are served by economic decisions.
Free market, command, and mixed economies are the three primary types. Command and free-market economies; mixed economies combine the two. Both people and corporations are free to choose their own economic course. All national economic decisions are made by the state's central authority.
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Which of the following could help determine a job candidate's trustworthiness?
A) A credit check
B) A recorded oral test
C) An in-person interview
D) Closed-ended interview questions
Answers
Answer:
C) An in-person interview
Explanation:
All the options listed, the best choice to determine a candidate's trusworthiness is the in-person interview. An in person-interview allows the interviewer to get to know the candidate better, because open-ended questions can be made about the candidate's proffesional and personal life.
In this type of interview, it is the job of the interviewer to analyze the answers, and reach a conclusion that can determine whether the person is to be trusted or not.