When a firm undertakes transactions in foreign currencies, potential losses or gains on receipts from outstanding contracts are regarded as foreign exchange exposure.
Foreign exchange exposure refers to the risk that a firm faces due to fluctuations in exchange rates when engaging in transactions involving foreign currencies. It arises when a company has outstanding contracts or obligations denominated in a foreign currency. The potential losses or gains on receipts from these contracts, resulting from changes in exchange rates, are considered foreign exchange exposure. This exposure can have a significant impact on a firm's financial performance and profitability, as it introduces uncertainty and potential volatility in the value of the firm's foreign currency transactions. Effective management of foreign exchange exposure is crucial for companies operating in the global marketplace to mitigate potential risks and optimize their financial positions.
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you have to talk about trade between different nations,Look around your room or in your house and find five different objects and identify where they were made. In at least 100 words, discuss how you have personally benefited from trade and provide at least 2 examples. Identify 1 positive impact of trade on your life and 1 way that you have been negatively impacted also. you have to talk about trade between different nations
Answer:
hi u can be my friend
Explanation:
old plz
If an unemployed person quits looking for work, then, eventually the unemployment rate.
When jobless people stop seeking for employment, they are referred to be "discouraged" employees and are no longer regarded as being employed. However, because they are no longer jobless, the unemployment rate in the country declines
People leaving their jobs willingly lead to frictional unemployment. People who have quit their jobs and recent graduates looking for their first jobs require some time to locate work, therefore they are unemployed during that period..What leads to a decline in unemployment?
Production increases during periods of expansion, which raises the demand for workers and lowers the unemployment rate. Similarly, when there is a recession in the economy, businesses must fire employees, which inevitably raises the unemployment rate.To learn more about unemployment, click the links
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in your own words, why do you think it is important to write a cover letter?
PLEADF IM SO DESPERATE
Answer:
no not really
Explanation:
but in most cases they are important
Oren, a recent graduate of a community college, is about to make his first investment. A cautious way for Oren to start investing and earn a good rate of return would be to buy stock on margin. invest in an index fund invest in junk bonds. keep his money in the bank
A cautious way for Oren, a recent community college graduate, to start investing and earn a good rate of return would be to invest in an index fund (option B).
Index funds provide a diversified investment portfolio and have historically offered stable returns. Buying stock on margin and investing in junk bonds are considered riskier options, while keeping money in the bank may not yield high returns due to low interest rates. By choosing to invest in an index fund, Oren can minimize his risk while still potentially earning a decent return on his investment.
Actually, buying stock on margin and investing in junk bonds are both considered risky investment strategies and not suitable for a cautious investor like Oren. Instead, a safer option for him would be to invest in an index fund.
This type of investment allows Oren to diversify his portfolio by owning a basket of stocks that track a particular market index, reducing the risk of putting all his eggs in one basket.
Another option for Oren is to simply keep his money in the bank, which is the most conservative approach and offers low returns, but is the least risky. Ultimately, the best investment strategy for Oren depends on his risk tolerance and financial goals.
Therefore, the correct option is B. invest in an index fund.
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The goal of an economist who formulates new theories is to?
An economist's purpose in developing new theories is to better understand and explain economic phenomena, make predictions about future economic events and trends.
and give direction for policymaking and decision making in a variety of domains such as firms, governments, and households. Economists seek to advance our understanding of the economy and how it works by developing new theories and models. These theories aid in explaining the market behavior of individuals, businesses, and governments, as well as how they interact with one another. Economists can help guide decision-making and policy development in areas such as business strategy, government spending and taxation, and household budgeting by making predictions about future economic events and trends. The purpose of developing new theories is to ultimately increase our understanding.
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Inside Brice's monthly statement from Commonwealth Edison was a leaflet from a local bank detailing its free checking accounts. The advertisement from the bank is an example of a 1) self-mailer. 2) house organ. 3) broadside. 4) statement stuffer. 5) public relations release.
The advertisement from the local bank that was included in Brice's monthly statement from Commonwealth Edison is an example of a statement stuffer.
Statement stuffers are ads that are served to customers with their bank statements. Claim fillers often refer to additional services that the issuer is trying to "sell" to existing customers. Statement makers encourage customers to sign up for a broader range of products and services.
Statement Writers are popular with financial firms because they offer a convenient and inexpensive form of marketing to clients who are already using their basic services. However, in recent years, digital versions of these displays, commonly referred to as "e-stuffers," have also become common.
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How is Earth's magnetic field generated? What evidence do we have that Earth has a magnetic field surrounding the planet?
Earths magnetic field is generated by the planet's core.
Our evidence is freaking gravity. Without the magnetic field we would all be flying out into space and have no oxygen.
-Ɽ3₮Ɽ0 Ⱬ3Ɽ0
I'm watching RUBBE LANA videos
Answer:
Thats cool
Explanation:
Ed's construction company has the following short-run cost function: 1q³ - 9q² + 37q. What is the minimum average cost?
The minimum average cost can be interpreted as the average cost per unit of output when the quantity produced is optimized to minimize the total cost.
To find the minimum average cost, we need to first determine the total cost and the quantity that minimizes it. The average cost is obtained by dividing the total cost by the quantity produced.
The short-run cost function provided is: C(q) = q³ - 9q² + 37q.
To find the quantity that minimizes the total cost, we take the derivative of the cost function with respect to q and set it equal to zero:
C'(q) = 3q² - 18q + 37 = 0.
Solving this equation for q, we find two critical points: q ≈ 1.685 and q ≈ 4.315.
Since we are interested in the short-run, we choose the positive value q ≈ 4.315 as the quantity that minimizes the total cost.
To calculate the minimum average cost, we divide the total cost at this quantity by the quantity itself:
AC(q) = C(q) / q.
AC(4.315) = (4.315³ - 9(4.315)² + 37(4.315)) / 4.315.
After evaluating this expression, we find the minimum average cost.
The minimum average cost can be interpreted as the average cost per unit of output when the quantity produced is optimized to minimize the total cost.
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JohnBoy Industries has a cash balance of $54,000, accounts payable of $134,000, inventory of $184,000, accounts receivable of $219,000, notes payable of $129,000, and accrued wages and taxes of $41,500. How much net working capital does the firm need to fund?
Answer:Net working capital = $152,500
Explanation:
Net working capital = CA– CL
Where CA= Current Assets = Cash + Inventory + Accounts Receivable
and CL= Current Liabilities= Account payable + Notes payable + accrued wages and taxes
CA=$54, 000 + $184,000 + $ 219,000 =$457,000
Current liabilities = Account payable + Notes payable + accrued wages and taxes
CL = $134,000 + $129,000 + $41,500 = $304,500
Net working capital = Current assets – Current liabilities
Net working capital = $457,000 – $304,500= $152,500
Net working capital = $152,500
Portia Grant is an employee who is paid monthly. For the month of January of the current year, she earned a total of $8,388. The FICA tax for social security is 6.2% of the first $128,400 earned each calendar year and the FICA tax rate for Medicare is 1.45% of all earnings. The FUTA tax rate of 0.6% and the SUTA tax rate of 5.4% are applied to the first $7,000 of an employee's pay. The amount of federal income tax withheld from her earnings was $1,391.77. What is the total amount of taxes withheld from the Portia's earnings
Answer: $2,033.46
Explanation:
Social security taxes = 8,388 * 6.2% = $520.06
Medicare taxes = 8,388 * 1.45% = $121.63
Federal income tax withheld = $1,391.77
FUTA and SUTA are to be paid by the employer not the employee.
The total amount of taxes withheld from Portia is therefore:
= 520.06 + 121.63 + 1,391.77
= $2,033.46
taskmaster enterprises employs a standard cost system in which direct materials inventory is carried at standard cost. taskmaster has established the following standards for the prime costs of one unit of product. standard quantity standard price standard cost direct materials 8 pounds $ 2.90 per pound $ 23.20 direct labor 0.25 hour $ 10.20 per hour 2.55 $ 25.75 during november, taskmaster purchased 165,500 pounds of direct materials at a total cost of $463,400. the total factory wages for november were $53,000, 90% of which were for direct labor. taskmaster manufactured 19,500 units of product during november using 146,250 pounds of direct materials and 5,110 direct labor-hours. is the direct labor efficiency variance favorable or unfavorable?
To calculate the direct labor efficiency variance, we need to compare the actual hours worked to the standard hours allowed for the production of the 19,500 units of product.
Standard hours allowed = Standard labor hours per unit x Actual units produced
Standard labor hours per unit = 0.25
Actual units produced = 19,500
Standard hours allowed = 0.25 x 19,500 = 4,875
Actual hours worked = 5,110
Direct labor efficiency variance = (Standard hours allowed - Actual hours worked) x Standard labor rate
Direct labor efficiency variance = (4,875 - 5,110) x $10.20
Direct labor efficiency variance = -235 x $10.20
Direct labor efficiency variance = -$2,397
Since the variance is negative, it means that the actual hours worked exceeded the standard hours allowed, resulting in an unfavorable direct labor efficiency variance.
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https://brainly.com/question/27404735#SPJ11Dylan invested $7,200 in an account paying an interest rate of 2. 3% compounded quarterly. Assuming no deposits or withdrawals are made, how much money, to the nearest dollar, would be in the account after 12 years?.
The future value of the investment after 12 years will be $9,481.
What is future value?The future value of an investment is its value at a future date. It is obtained by multiplying the present value of an asset by its growth rate raised to the number of periods for the investment.
We can compute the future value of an asset with this model:
FV = PV(1+r)^n
where:
FV = future value
PV = present value
r = annual interest rate
n = number of periods interest held
We can also compute the future value by inputting the variables on an online financial calculator as follows:
Data and Calculations:Investment amount = $7,200
Compound interest rate = 2.3% quarterly
Period of investment = 12 years
N (# of periods) = 48 (12 x 4)
I/Y (Interest per year) = 2.3%
PV (Present Value) = $7,200
PMT (Periodic Payment) = $0
Results:
FV = $9,481.01
Total Interest $2,281.01
Thus, the future value of the investment after 12 years will be $9,481.
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Which of the following would most likely cause a decrease in the quantity supplied?
An increase in competition
An increase in price
A decrease in price
A decrease in competition.
What markets in your local economy most closely resem- ble Adam Smith's ideal of perfect competition?
My local economy has a number of markets that meet Adam Smith's ideal of perfect competition. The most prominent example is the grocery market, which is characterized by a large number of sellers competing for customers, with each offering similar products at competitive prices.
Another example is the clothing market, where a wide variety of brands offer different styles and price points, allowing for competition between them on price and quality.
Finally, the local service market, such as lawn care and home repair, is also highly competitive, with many different vendors offering services at competitive rates and customer service levels. All of these markets provide consumers with a wide range of choices, enabling them to make informed decisions when selecting the best product or service for their needs.
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a retailer inflated the price of its leather jackets so that when it put the jackets on sale, it appeared to customers that they were getting a better deal than they really were. this is an example of what pricing strategy?
Extortionate prices. When a retailer put its leather jackets on sale, it exaggerated the price of the jackets so that buyers would think they were getting a better deal than they actually were.
What does prestige pricing look like?Nike is the ideal illustration of a business that successfully employs prestige pricing, a pricing strategy in which prices are set higher than usual since lower prices will actually hinder sales.
What happens when you multiply the cost per unit by the quantity of units sold?The sum of a company's sales during a reporting period is its revenue. It represents a measurement of a company's gross activity, which is the average unit price charged to customers multiplied by the quantity of units supplied. Typically, when either goods or services are sold, revenue is generated.
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When an employer takes the time to explain a mistake you have made and provides suggestions for avoiding that same mistake in the future, the employer is offering _____.
constructive criticism
verbal warning
destructive criticism
discipline
Answer:
conatructive critcism
Explanation:
they are critisming you so you can do better
What must happen before significant decisions are made?
O Analyses are performed.
Customers are asked for feedback.
O Managers are consulted.
O Employees share ideas with supervisors.
Answer:
O Analyses are performed.
Explanation:
I think
Assume that there are eight similar-sized companies in an industry and you are the CEO of one of the companies. Your company is not at risk of going bankrupt and is generally earning the same profits over time as six of the other companies, but there is one company that has been growing in market share over the last five years and is averaging a noticeably higher profit than the rest of the companies in the industry. From the perspective of your company, which of the four basic types of competencies best describes your company's overall situation? (03) None of the Above Deficiency Distinctive Competency Incompetency Core Competency
From the given options, the best description that fits your company's overall situation is "Core Competency." This implies that your company possesses a unique strength or advantage that sets it apart from the others, even though one company in the industry has been growing its market share and profit.
Your company is not at risk of bankruptcy and consistently earns similar profits to six other companies in the industry. This suggests that your company possesses a set of unique strengths and capabilities that allow it to compete effectively. While there is one company experiencing higher profits and market share growth, it does not necessarily indicate a deficiency or incompetence on your part. Core competency refers to the specific areas where your company excels and differentiates itself from competitors, enabling sustained success. It implies that your company has identified and leveraged its strengths to maintain a competitive position within the industry. In this scenario, your company's core competency lies in maintaining stability and profitability while effectively competing with other firms. While the growing company may have a distinctive competency in terms of higher profits, it does not imply inadequacy on your part. By focusing on your core competencies, you can continue to sustain your business and explore potential avenues for growth and improvement.
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due to technological advances in recent years, most companies use a perpetual inventory system to track inventory purchases and sales, true or false?
It is true that most companies use a perpetual inventory system to track inventory purchases and sales because of technological advances in recent years.
A perpetual inventory system is an inventory tracking system that continuously updates inventory records for each purchase and sale made by a company. With the use of technology, particularly barcode scanning and inventory management software, it has become increasingly common for companies to use perpetual inventory systems to track inventory purchases and sales.
Under a perpetual inventory system, each time a purchase or sale is made, the inventory records are immediately updated, allowing companies to have real-time information on their inventory levels, cost of goods sold, and other inventory-related metrics. This enables companies to better manage their inventory, reduce stockouts and overstocks, and improve their supply chain efficiency.
In contrast, a periodic inventory system involves taking a physical inventory count at the end of a period (e.g., month, quarter, year) to determine the cost of goods sold and the ending inventory balance. This system is more manual and time-consuming and does not provide real-time information on inventory levels and costs.
Overall, due to the benefits of real-time inventory tracking and the availability of technology to support it, most companies today use a perpetual inventory system to manage their inventory.
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Which company has the least efficient SG&A/Sales ratio? Select: 1Save Answer Andrews Digby Baldwin Chester
Cash Flow Statement Survey Andrews Baldwin Chester Digby
Cash flows from operating activities
Net Income (Loss) $11,663 $840 $26,932 $3,269
Adjustment for non-cash items:
Depreciation $7,152 $17,509 $9,711 $15,533
Extraordinary gains/losses/writeoffs $0 $0 $0 $0
Changes in current assets and liabilities:
Accounts payable ($2,655) $782 $1,859 ($1,096)
Inventory $10,081 $4,218 ($2,799) $1,857
Accounts receivable $1,853 ($3,370) ($3,494) ($151)
Net cash from operations $28,093 $19,979 $32,209 $19,413
Cash flows from investing activities
Plant improvements (net) ($1,056) ($46,880) ($31,600) ($17,900)
Cash flows from financing activities
Dividends paid ($6,768) $0 ($2,202) $0
Sales of common stock $1,200 $16,807 $0 $7,457
Purchase of common stock $0 $0 ($1,979) $0
Cash from long term debt issued $0 $22,204 $8,312 $2,785
Early retirement of long term debt $0 $0 $0 $0
Retirement of current debt ($11,300) ($33,110) ($27,970) ($41,872)
Cash from current debt borrowing $2,000 $25,753 $20,416 $28,857
Cash from emergency loan $0 $0 $0 $0
Net cash from financing activities ($14,868) $31,655 ($3,423) ($2,773)
Net change in cash position $12,169 $4,754 ($2,813) ($1,260)
Balance Sheet Survey Andrews Baldwin Chester Digby
Cash $51,425 $31,774 $33,278 $42,733
Accounts Receivable $13,084 $14,423 $16,819 $12,361
Inventory $3,657 $10,974 $17,534 $9,185
Total Current Assets $68,166 $57,170 $67,631 $64,280
Plant and equipment $107,274 $262,640 $145,660 $233,000
Accumulated Depreciation ($65,525) ($87,709) ($58,601) ($92,976)
Total Fixed Assets $41,749 $174,931 $87,059 $140,024
Total Assets $109,915 $232,102 $154,690 $204,304
Accounts Payable $7,975 $8,725 $10,445 $7,580
Current Debt $2,000 $25,753 $20,416 $28,857
Long Term Debt $15,909 $102,743 $33,678 $87,009
Total Liabilities $25,884 $137,221 $64,538 $123,446
Common Stock $25,280 $51,777 $10,334 $43,382
Retained Earnings $58,751 $43,104 $79,818 $37,476
Total Equity $84,031 $94,881 $90,151 $80,858
Total Liabilities & Owners' Equity $109,915 $232,102 $154,690 $204,304
Income Statement Survey Andrews Baldwin Chester Digby
Sales $159,186 $175,476 $204,637 $150,395
Variable Costs (Labor, Material, Carry) $107,552 $111,685 $126,385 $95,179
Depreciation $7,152 $17,509 $9,711 $15,533
SGA (R&D, Promo, Sales, Admin) $18,591 $20,688 $13,324 $13,745
Other (Fees, Writeoffs, TQM, Bonuses) $5,560 $7,951 $6,695 $6,012
EBIT $20,331 $17,643 $48,522 $19,926
Interest (Short term, Long term) $2,021 $16,325 $6,242 $14,795
Taxes $6,408 $461 $14,798 $1,796
Profit Sharing $238 $17 $550 $67
Net Profit $11,663 $840 $26,932 $3,269
Andrews Baldwin Chester Digby
ROS 7.3% 0.5% 13.2% 2.2%
Asset Turnover 1.45 0.76 1.32 0.74
ROA 10.6% 0.4% 17.4% 1.6%
Leverage (Assets/Equity) 1.3 2.4 1.7 2.5
ROE 13.9% 0.9% 29.9% 4.0%
Emergency Loan $0 $0 $0 $0
Sales $159,185,539 $175,476,345 $204,636,904 $150,395,478
EBIT $20,331,207 $17,643,254 $48,521,549 $19,926,428
Profits $11,663,403 $839,811 $26,932,319 $3,268,566
Cumulative Profit $21,415,847 $4,154,601 $51,835,143 $7,471,805
SG&A / Sales 11.7% 11.8% 6.5% 9.1%
Contrib. Margin % 32.4% 36.4% 38.2% 36.7%
Chester company has the most efficient SG&A / Sales ratio. The correct answer is option A.
SG&A means "Selling, General, and Administrative Expenses" in accounting. This cost is both fixed and continuous. It isn't impacted by volume. It is otherwise called a non-creation cost along these lines. Since it includes leader remuneration and wages, it is one of the most significant non-creation consumptions on the income statement.
Above costs incorporate selling, general, and regulatory uses.
Directors like to increment productivity by diminishing costs that don't slow down creation and conveyance of merchandise. Deals, general, and managerial consumptions give supervisors a simple method for diminishing expenses.
Ordinarily, during consolidations and acquisitions, the executives will search for techniques to decrease selling, general, and regulatory expenses. The cooperative energy an incentive for the consolidation is made by the cash saved by chopping down selling, general, and managerial expenses.
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The standard rate per unit that a company expects to pay for variable overhead equals the blank______.
The standard rate per unit for variable overhead that a business anticipates paying is equal to the variable element of the predetermined overhead rate.
What does a company's average cost look like?
Standard costs are projections of the cost of items sold, or the price needed to produce your goods. Direct materials, direct labor, and production overhead are the typical components.What is an example of typical cost?
Here is an easy example of conventional costing. Consider a corporation that produces widgets. One widget typically requires one pound of raw material, which costs $2, and one hour of labor, which costs $20, according to historical data determined by a cost analyst.Learn more about standard rate
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define the study of economics
analyze ways that economics influences our daily lives
identify three basic economic questions: What will be produced? How will it be produced? For whom will it be produced?
The Study of economics can be defined as the study of People. Economics tries to explain what driving factor behind human behaviour, decisions and reactions when faced with difficulties or successes.
The effects of economics on our daily lives can be analyzed in the following ways
Opportunity costHow to maximize utilityThe effects of externalitiesImportance of savingEffects of Inflation.What are the Basic Economic Questions? What should we produce How should we produce it For whom should we produce itLearn more about economics at https://brainly.com/question/17996535
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A corporation distributes a 10 percent common stock dividend on 30,000 shares issued when the market value of it's common stock is $24 per share and its par value is $2 per share. On the distribution date, a credit _ would be journalized
Answer:6,000
Explanation:
I just took the test
During the economic downturn, alejandro’s neighbor, a successful accountant, lost his job and had to sell his house. Alejandro decided that this neighbor "must have really messed up at his work. " this is an example of.
During the economic downturn, alejandro’s neighbor, a successful accountant, lost his job and had to sell his house. Alejandro decided that this neighbor "must have really messed up at his work. " this is an example of just world belief.
What is meant by just world belief?This refers to the idea that, generally speaking, everyone gets what they deserve, is treated fairly, and will be made up for any injustices they have faced.
The idea that if anything unpleasant happens to someone, they must have done something wrong to deserve it is a simple illustration of the just-world theory. For instance, if someone gets a rare illness, this implies that they must have committed a sin for which they are now paying the price.
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Successful firms focus their efforts on satisfying customer needs that match their core competencies.
1. True
2. False
The given statement "successful firms focus their efforts on satisfying customer needs that match their core competencies" is true because successful firms often focus their efforts on satisfying customer needs that match their core competencies.
Core competencies are the unique strengths and capabilities that allow a company to deliver superior value to customers, and when a company can align those competencies with customer needs, it can create a strong competitive advantage. By focusing on meeting customer needs that match their core competencies, companies can differentiate themselves from their competitors and build strong customer loyalty. This can help to increase customer retention, enhance reputation, and ultimately drive sustainable business growth.
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will be marked the brainlist plz help
- Which business structure should they adopt for their new business and explain and state the costs and benefits of your advice.
Jayden, Andrew, and Mateo have been close friends since they met freshman year in college. They all graduated last year- Jayden with a degree in Computer Science, Andrew with a degree in Graphic Design, and Mateo with a degree in Business Administration. All three are computer whizzes and have worked part-time through high school and college fixing computer problems. Each has
approximately $50,000 in savings for this business venture. They have been talking about starting a computer company (JAM Computer Solutions) in their local town to help businesses and individuals with computer problems or those who need
help developing and designing websites. In doing research, Jayden found that there are only two other computer companies in their town of 100,000 people,
and neither one will do both web design and computer hardware/software troubleshooting.
Jayden, Andrew, and Mateo should adopt a S corporation business structure.
What is a S corporation?A S corporation is a special type of corporation that avoids double taxation of regular C corporations. As S corps because profits and losses pass directly through the owners's personal income. This business structure implies the income of the owners are not subject to higher corporate tax rates.
Thus, by avoiding corporate tax rates, Jayden, Andrew, and Mateo will avoid double taxation and pay less in taxes, especially until the company develops fully.
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an organization launched a new product in the market. it offered a free trial of the basic model to gain widespread initial use, after which users were offered a nonfree premium version of the same product. which of the following strategies is used by the company in this case?
The company is used by the company in this case is: a Cross Sell Strategy.
This strategy involves the offering of a free basic model to gain initial usage and then offering a premium version of the same product that is not free. This strategy is typically used by companies to entice people to try a product and then once they become comfortable with it, they are encouraged to purchase the upgraded version.
This strategy also helps the company to have a better understanding of the customer base and their preferences. This is a great way to gain more customers and increase profit margins.
Cross-sell strategy is a marketing tactic that involves recommending or promoting additional products or services to a customer who has already made a purchase. This technique is used to encourage customers to buy more products, increase sales revenue, and improve customer satisfaction.
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Complete question:
An organization launched a new product in the market. It offered a free trial of the basic model to gain widespread initial use, after which users were offered a nonfree premium version of the same product. Which of the following strategies is used by the company in this case?
A)A blue ocean strategy
B)A cross-sell strategy
C)A third-party pay strategy
D)A bundling strategy
Which is the best description of Economics?
a. the study of how people make decisions when dealing with scarcity
b. the study of money in the financial system (banking system)
c. the study of how people have purchased and sold things throughout history
d. the study of how you should invest your money in the stock market
Answer: A the study of how people make decisions when dealing with scarcity
Explanation:
Can you help me solve this problem?
Answer:
Explanation: you read it slowly and get it understand
My audience would be the people that are of teenage to early adult age.
How to create the adWhen creating an ad, it is important to use attention-grabbing headlines that evoke emotions and curiosity. Use persuasive techniques such as social proof, scarcity, and authority to make your product or service more appealing to your target audience.
Social proof refers to the idea that people are more likely to follow the actions of others. For instance, you can use customer reviews or testimonials to demonstrate that your product or service is trusted by others.
Scarcity involves creating a sense of urgency by indicating that there are limited quantities available or for a limited time only. This can prompt people to take action and make a purchase.
Finally, authority involves using credible sources to support your claims. This can be achieved by using statistics or endorsements from reputable organizations.
In terms of the headline and message, it should be clear and concise, with a strong call-to-action. For example, "Join the Green Revolution Today! Reduce Your Carbon Footprint with Our Sustainable Products"
To be more persuasive, it's important to understand your target audience and tailor your message to their needs and preferences. Additionally, it may be helpful to provide incentives or promotions to encourage people to try your product or service. By using these techniques, you can increase the likelihood of persuading your audience to buy your invention or service.
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