You are a marketing manager for Starbucks. Describe the following as it relates to the product experience at Starbucks: essential benefit, core product, and enhanced product. Now imagine you are the marketing manager for Colgate Total toothpaste. Describe the product experience in terms of essential benefit, core product, and enhanced product.
Answers
The core product refers to the fundamental features and benefits of Starbucks' offerings, including the range of coffee beverages, pastries, and a comfortable environment.
The enhanced product encompasses additional elements that enhance the overall Starbucks experience, such as personalized service, loyalty rewards, and the option to customize drinks.
As the marketing manager for Colgate Total toothpaste, the essential benefit centers around oral health and hygiene. The core product of Colgate Total toothpaste includes its primary function of providing effective cavity protection, fresh breath, and gum care.
The enhanced product aspect of Colgate Total toothpaste comprises features that go beyond basic oral care, such as added whitening ingredients, specialized variants for specific needs (e.g., sensitive teeth), and innovative technologies for superior cleaning and plaque prevention.
1. Starbucks:
- Essential Benefit: The essential benefit for customers at Starbucks is the enjoyment of high-quality coffee and a welcoming environment. Customers visit Starbucks to indulge in premium coffee beverages and experience a relaxing ambiance.
- Core Product: Starbucks' core product includes a range of coffee beverages, such as espresso-based drinks, brewed coffee, and specialty offerings. Additionally, it encompasses the availability of pastries and snacks, creating a complete coffee shop experience.
- Enhanced Product: Starbucks enhances its product offering through personalized service, allowing customers to customize their drinks with various options and substitutions. Loyalty programs like Starbucks Rewards provide additional benefits and incentives to enhance the overall customer experience.
2. Colgate Total toothpaste:
- Essential Benefit: The essential benefit of Colgate Total toothpaste is to promote oral health and hygiene. It helps users maintain clean teeth, fresh breath, and healthy gums, providing overall oral care.
- Core Product: The core product of Colgate Total toothpaste includes its primary functions, such as cavity protection, plaque control, and gum care. These features address the basic needs of users and contribute to maintaining good oral health.
- Enhanced Product: Colgate Total toothpaste offers enhanced features, such as additional whitening agents for a brighter smile, variants for specific oral health concerns like sensitivity, and advanced formulas with innovative technologies for superior cleaning and germ-fighting properties.
These enhancements provide added value and cater to specific customer preferences and needs.
By focusing on the essential benefit, core product, and enhanced product aspects, both Starbucks and Colgate Total strive to deliver a satisfying and differentiated product experience to their respective customers.
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Related Questions
You work as the inventory manager at a golf pro shop. The club pro has reviewed and approved a new golf club collection, and you proceed to complete the purchase by negotiating a price and finalizing paperwork with the manufacturer. In this scenario, you are in the role of Blank______.
Answers
'You work as the inventory manager at a golf pro shop.' In this scenario, you are in the role of buyer. This is further explained below.
Who is a buyer?Generally, a buyer is simply defined as one who purchases a product or service.
In conclusion, In a golf pro shop, you're the inventory manager.' You play the buyer in this scenario.
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There is a bond that has a quoted price of 110.547 and a par value of $2,000. The coupon rate is 7.05 percent and the bond matures in 19 years. If the bond makes semiannual coupon payments, what is the YTM of the bond?
Answers
Answer:
the YTM of the bond is 127.55 %
Explanation:
The YTM of the bond is the Market return that similar Bond Holders expect from the bond.
This can be calculated using a Financial calculator as :
PV = - $ 110.547
FV = $2,000
PMT = $2,000 x 7.05 % x 1/2 = $70.50
N = 19 x 2 = 38
P/yr = 2
YTM = ???
Therefore, the YTM of the bond is 127.55 %
Suppose a poll will be conducted in Canada tomorrow in which 5000 individuals will be asked whether the sitting government is doing a good or bad job. The 5000 individuals will be selected by random digit telephone dialing and asked the question over the phone. How likely is the sample to be representative?
Q2. Suppose you are the CEO of a volatile business. Using weekly data from the last fiscal year, you observe that returns varied from the smallest value of 15% to the largest value of 75%. One of your managers has reported that the standard deviation of returns is about 2.5%. Does this estimate of standard deviation seem too high or too low? What would you expect the standard deviation of returns to be between? Explain the logic behind your calculations.
Answers
The likelihood of the sample being representative depends on the random of the selection process and the population characteristics.
How does the random digit telephone dialing method ensure representativeness?The random digit telephone dialing method increases the likelihood of obtaining a representative sample.
By randomly selecting phone numbers, this method aims to include a diverse range of individuals from the population. Since the sample is obtained through random digit dialing, every individual in the population has an equal chance of being selected.
This helps to minimize bias and ensure that the sample is not skewed towards any particular subgroup.
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Assume that electricity production has been done by several regional firms in the U.S. each operating as a pure monopoly.
Explain and graphically illustrate how the electrical monopolist would determine its profit maximizing price and output level. (Label Pm and Qm)
Identify any area of consumer and/or producer surplus for the profit maximizing monopoly.
Identify the deadweight loss for the monopolist.
Now assume the federal government imposes a regulation on the monopoly. Draw a new monopoly graph for part 2.
Show and explain how the regulated electrical monopolist would determine its profit-maximizing price and output level. (Label Pr and Qr)
Identify any area of consumer surplus and/or producer surplus for the profit maximizing monopoly.
Now the federal government decides to deregulate the market for electricity nationwide. Draw a new monopoly graph for part 3.
Show and explain how deregulation will impact price and output in the now perfectly competitive market for electricity production. (Hint: You should use a monopoly graph to show where the perfectly competitor would set price and quantity.) (Label Ppc and Qpc)
Answers
Profit Maximizing Monopoly:
As a pure monopoly, the electrical firm has market power, which means it can set its own price and output level. The firm will aim to maximize its profits by producing the quantity of electricity where marginal revenue (MR) equals marginal cost (MC). The price that the firm charges will be determined by the demand curve, which is downward sloping. The profit-maximizing price (Pm) will be higher than the marginal cost (MC) of producing the electricity. The output level (Qm) will be lower than the socially efficient output level, which is where marginal cost equals marginal benefit (MB). This results in a deadweight loss to society, which represents the loss of consumer and producer surplus.
Regulated Monopoly:
If the government regulates the electrical monopoly, it may impose price controls or quantity restrictions that limit the firm's market power. The regulated firm will aim to maximize its profits subject to the regulatory constraints. The profit-maximizing price (Pr) and output level (Qr) will be lower than the unregulated monopoly, but higher than the socially efficient level. This results in a smaller deadweight loss, but still represents a loss to society.
Perfectly Competitive Market:
If the market is deregulated and becomes perfectly competitive, the electrical firms will be price takers, meaning they have no market power. The price will be determined by the intersection of the market demand and supply curves, and the output level will be where the marginal cost equals the market price. The price (Ppc) and output level (Qpc) will be lower than the regulated monopoly and closer to the socially efficient level. There will be no deadweight loss, and the consumer and producer surplus will be maximized.
Profit Maximizing Monopoly:
^
|
Pm | Demand
| Curve
|
|
|
|------------------- MC
| Qm
|
|
Regulated Monopoly:
^
|
Pr | Demand
Regulated Curve
| /
| /
| /
|-----------/--- MC
| Qr
|
Perfectly Competitive Market:
^
|
Ppc | Demand
| Curve
| /
| /
| /
|-----------/--- Supply
| Qpc
|
If the rate of interest (r) is 9%, then you should be indifferent about receiving $750 in one year or ________.
rate:
nper:
pmt:
fv:
pv:
Answers
To provide the missing value in the given scenario, we need additional information. The missing value can be determined using the time value of money formula, which requires the following inputs:
- Rate (r): The annual interest rate, given as 9% in this case.- Nper: The number of periods, representing the time at which the amount is received or paid.
- Pmt: The recurring payment or cash flow, if applicable.- FV: The future value or the amount to be received in the future.
- PV: The present value or the current amount.
Please provide the values for "nper," "pmt," "fv," and "pv" so that we can calculate the missing value.
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Please help I'm about to fail my class and i will be grounded for life, 100 pts for it! its financial literacy
Part One–Research
Imagine you bought 100 shares of stock three years ago and are selling it today. Select a company and research its stock prices. You can start with websites like Nasdaq and Fidelity. Determine the stock's price three years ago, or the purchase price, and its price today, or the selling price.
Part Two–Determine the Real Return
Calculate the real return of your stock investment using the following information:
Purchase price of 100 shares of stock
Selling price of 100 shares of stock
10% tax rate
3% inflation rate
2% administrative fee on the selling price of the stock
Part Three–Evaluate
Analyze your research and calculations, and answer the following questions:
What company did you select to buy stock in? Why did you select the company?
Consider the real return of the stock investment. Do you consider it a wise investment? Why or why not?
Answers
1. I imagine buying 100 shares of Amazon.com Inc. on January 3, 2020, when the stock price was $93.75, investing $9,375.
Today, October 31, 2022, the stock price of Amazon.com Inc. is $102.44.
2. The real return on my investment in Amazon.com Inc was a net loss of 7.12% or $667.60.
3. The company I selected to buy its stock three years ago was Amazon.com Inc.
4. I decided on Amazon.com Inc., hoping to earn spectacular returns since it is a multinational technology company.
5. When I consider the actual return on the stock investment in Amazon.com Inc., I think it was an unwise investment.
6. The investment returned a negative real value because I realized less than I initially invested; I actually lost about $667.60 overall.
What is the stock investment?Stock investment is the purchase of shares for an ownership interest in a publicly-listed company.
The investor makes the investment with the hope that the investee will grow and perform well over some period, enabling the investor to earn some real returns (in the form of dividends and capital appreciation).
Purchase of 100 shares Jan. 3, 2020 = $9,375 (100 x $93.75)
Sales of 100 shares Oct. 31, 2022 = $10,244 (100 x $102.44)
Tax (10%) = $1,024.40 ($10,244 x 10%)
Inflation (3%) = $307.32 ($10,244 x 3%)
Administration fee on sales (2%) = $204.88 ($10,244 x 2%)
Real Returns in dollars = $8,707.40 ($10,244 - $1,024.40 - $307.32 - $204.88)
Loss on returns = $667.60 ($8,707.40 - $9,375)
Loss percentage = 7.12% ($667.60/$9,375 x 100)
Unfortunately, Amazon.com Inc. did not pay any dividends during the period of my investment, and I really lost funds to taxes, inflation, and administration fees when I sold it.
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Which of the following is an example of marginal cost?
A
the amount of time Cindy gives up studying to mow lawns
B
the amount of time it takes Cindy to mow one additional lawn
с
the amount of time Cindy spends gathering resources to mow lawns
D
the amount of time Cindy spends mowing the lawns of all her clients
Answers
Answer:
B
Explanation:
An example of marginal cost is the amount of time it takes Cindy to mow one additional lawn. Thus, the correct answer is option B.
What is marginal cost?The marginal cost in economics is the change in total production cost that results from making or producing one additional unit. Divide the change in production costs by the change in quantity to calculate marginal cost. Marginal cost is an economics and managerial accounting concept most used often among manufacturers as a means of isolating an optimum production level.
The goal of marginal cost analysis is to determine when an organization can achieve economies of scale in order to optimize production and overall operations. If the marginal cost of producing one additional unit is less than the per-unit price, the producer may profit.
Therefore, the amount of time it takes Cindy to mow one additional lawn is the marginal cost.
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what did not contribute to the collapse of the stock market in 1929?
Answers
Answer: stock prices reflected the real value of companies
Explanation:
Rick has three credit cards he uses for gas, entertainment, and groceries. All card balances are close to the limit, and he forgot to make a monthly payment on one card two months ago. What could be a future consequence of this behavior?
a
A higher interest rate
b
Garnishment of benefits
c
A better credit score
d
Loss of all credit
Answers
a. A higher interest rate
The future consequence of this behavior would be as A higher interest rate Option(a) is correct.
What is a Credit Card?A Credit card is an installment card gave to clients (cardholders) to empower the cardholder to pay a trader for labor and products in light of the cardholder's gathered obligation i.e., vow to the card backer to pay them for the sums in addition to the next concurred charges.
A Standard credit card is unique in relation to a charge card, which requires the equilibrium to be reimbursed in full every month or toward the finish of every assertion cycle. Conversely, credit cards permit the shoppers to fabricate a proceeding with equilibrium of obligation, likely to intrigue being charged.
A Credit card contrasts from a charge card likewise in that a credit card ordinarily includes an outsider substance that pays the merchant and is repaid by the purchaser, while a charge card just concedes installment by the purchaser until a later date.
Therefore Option(a) is correct.
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An economy with constant velocity has real gdp growth of 3 percent, money growth of 7 percent, and a real interest rate of 2 percent. The nominal interest rate is.
Answers
The nominal interest rate is 6% of an economy where constant velocity has real gdp growth of 3 percent.
The nominal interest rate is the amount that banks, debt issuers, and investment companies advertise for loans and different types of investments. It is the stated interest rate that is earned by the investor or lender and paid to them.
According to the Information Provided:
Y = 3% real GDP growth
M=7% money growth
Real interest rate equals 2%, or r.
Constant velocity equals 0%
We need to find the nominal interest rate.
The following is the quantity theory of money (QTM) equation:
ΔM + ΔV = ΔP + ΔY
ΔP = ΔM + ΔV – ΔY
Using the percentages in the problem as a guide,
ΔP = ΔM + ΔV – ΔY
ΔP = 7% + 0% – 3%
ΔP = 4%
Real and nominal interest rates are related by the Fisher equation, which is given by
Nominal interest rate- inflation = real interest rate.
The equation is rearranged to find nominal interest
Real interest rate+ inflation = nominal interest rate.
Interest rate nominal = 2% plus 4%
Hence, 6% is the nominal interest rate.
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How does technical education play a vital role to develop the entire nation?
pls- don´t lie
;)
Answers
Answer: Education is needed for jobs. If we dont have education people cant get certain jobs. Without certain jobs the world would fall into a pandemic.
Explanation:
Answer:
Technical education play a vital role to develop the entire nation by improvimg the well beimg of youth and communities.
It increases the productivity. It also helps to accelerate the pace of work and motivate the person towards his/her work.It creayes skilled manpower and improves the quality of life.
An intangible benefit is called a
a) commodity
b) Service
c) market
d) goods
Answers
A
Explanation:
using the internet and the process of elimination, A is your answer
ANSWER:
B.CORRECT IF IM WRONG
BUT IM SURE THAT
Fancy Nails has an estimated cost for supplies of $0.75 per manicure. June's budget was based on 2,400 manicures and a total cost for supplies of $1,800. June's actual activity was 2,500 manicures. The actual cost of supplies in June was $2,000. Calculate the spending variance for June.
Answers
Assuming the actual cost of supplies in June was $2,000, the spending variance for June is $125 U.
Spending varianceUsing this formula
Spending variance=Flexible budget-Actual activity
Let plug in the formula
Spending variance=($0.75 x 2,500 manicures)- $2,000
Spending variance=$1,875 - $2,000
Spending variance = $125 U
Inconclusion the spending variance for June is $125 U.
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how much can a paid tax return preparer be penalized per violation for failure to sign tax returns they prepared in 2022? $55 per return; up to $28,000 per tax preparer. $55 per return with no limit per tax preparer. $560 per violation; up to $28,000 per tax preparer. $560 per violation with no limit per tax preparer.
Answers
A paid tax return preparer be penalized per violation for failure to sign tax returns they prepared is: $520 per violation up to $26,000 per tax preparer. The correct option is (c).
A tax return preparer is an individual or business that provides professional services to individuals or businesses in preparing and filing their tax returns. Tax return preparers assist taxpayers in completing their tax forms accurately and in compliance with applicable tax laws and regulations.
Tax return preparers can include certified public accountants (CPAs), enrolled agents (EAs), attorneys, tax preparation firms, or individuals working independently.
Thus, the ideal selection is option (c).
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The complete question might be:
How much can a paid tax return preparer be penalized per violation for failure to sign tax returns they prepared?
a) $50 per return up to $26,000 per tax preparer.
b) $50 per return with no limit per tax preparer.
c) $520 per violation up to $26,000 per tax preparer.
d) $520 per violation with no limit per tax preparer.
Hailey, a lawyer on the staff of International Group, always considers the consequences of an action rather than the nature of the action itself when making ethical decisions in a business context. Hailey is applying
the utilitarian theory of ethics in business contexts.
religious beliefs in business contexts.
Kantian ethics in business contexts.
the principle of rights theory of ethics in business contexts
Answers
Answer:
the utilitarian theory of ethics in business contexts.
Explanation:
According to the Utilitarian theory of ethics, the steps to be chosen by any business of entity should rely on maximizing the good and minimizing the sufferings. Also, at the same time, the benefit or good to the maximum is required to be considered before taking any decision.
In the given excerpt, Hailey adopts the utilitarian theory of ethics by focusing on the outcome of the steps that he take.
Hey everyone, I just thought you all should know that...
you are AMAZING
you are BEAUTIFUL
you are SMART
you are KIND
you are NOT going to give up on your FIGHT
and you better stay ALIVE!!! <33
Answers
Answer:
thanks lol
you too-
1
Select the correct answer.
Which risk is a sponsor assuming when buying the naming rights to a stadium or arena?
OA.
Nobody will notice.
OB. The team may not perform well:
OC. The fans of the team may not like the idea.
OD.
People will dismiss the action as pretentious.
Reset
Next
Answers
Answer:
The team may not perform well:
Explanation:
The biggest risk with naming rights is negative news concerning the team. The sponsor's brand name will be associated with the team; any negative team news will impact the brand name.
If a team performs poorly, some customers may associate the team's dismal performance with the brand name. Customers may shy away from the sponsor's products as they distance themselves from dismal performances.
Answer:B
Explanation:i just took the test...
Unlike job satisfaction life satisfaction is not dispositional based
Answers
The given statement about unlike job satisfaction life satisfaction is not dispositional based is explained below.
Unlike job satisfaction, life satisfaction is not primarily dispositional which means it is not solely determined by one's personality traits or inherent disposition.
The life satisfaction is influenced by a wide range of factors, including personal circumstances, relationships, health, social support and fulfillment of personal goals and values.
It is a assessment of one's overall well-being and happiness in life.
The dispositional factors may play a role in the life satisfaction can change over time as circumstances and priorities shift. It is influenced by external factors and can be actively influenced through personal choices, mindset and engagement.
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The production possibilities frontier model assumes all of the following except? a. the economy produces only two products.
b. the level of technology is fixed and unchanged.
c. labor, capital, land and natural resources are fixed in quantity.
d. production of goods requireds full employment of all resources.
Answers
The production possibilities frontier model assumes all of the following except production of goods requireds full employment of all resources.
What are the three underlying premises of a production possibilities frontier?Production possibility curve's foundational presumptions are: The available resources are consistently provided. The production process's utilization of technology never changes. Technologies and resources are effectively and fully used.
Which 4 premises underlie a production possibilities curve?Production possibilities analysis is founded on four main tenets: (1) resources are used to create either one or both of only two items, (2) resource amounts stay unchanged, (3) technology and manufacturing processes remain constant, and (4) the use of resources technically effectively.
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is your last chance to make sure your document is ready to carry your message-and your reputation to the intended audience.
Answers
Check My Wor
Compute the variances in dollar amount and in percentage. (Round to the nearest whole percent.) Indicate whether the variance is
favorable (F) or unfavorable (U).
Budgeted Income Amount $150.00
Actual Amount $120.00
Answers
Answer: The Answer Is
Dollar Variance $ 30
Percent varience 20%
F Or U which its U
Explanation: Hoped This Helped Thx For The Points!!
which best deceived the nature of cause and effect in the context of the business cycle?
A. Each effect has other effects
B. Causes and effects cannot be easily defined
C. A cause has multiple independent effects
D. Each effect has a cause
Answers
All markets economies go through periods when consumption-spending on goods and services rises. Consumers buy more, companies invest more, and production, income, profit and employment increase. These periods are always followed by periods when investment and spending fall, and unemployment rises. This is the business cycle.
Write three sentences.What is summer mainly about and what is your fav thing about summer time?
Answers
The CDC for hospitals and healthcare facilities to improve
Answers
The CDC makes investments in infrastructure and healthcare systems to make them secure settings for patient care.
What are the Centers for Disease Control and Prevention?The Centers for Disease Control and Prevention (CDC) is a government organization that carries out and supports health promotion, prevention, and preparedness operations in the United States. The Department of Health and Human Services oversees the CDC, which was founded in 1946.
Access resources and advice to help healthcare facilities plan, function efficiently, and handle surges.
Thus, CDC helps in improving the plans and functions efficiently to handle surges.
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Which of the following statements are correct: 1. Companies are unincorporated 2. Companies are incorporated. 3. Companies pay income tax 4. Companies pay corporation tax 1 only 2 only 1 and 3 only 2 and 4 only
Answers
The correct statement is: 2 and 4 only.
2. Companies are incorporated. Companies are legal entities that are formed and registered under specific laws and regulations, granting them a separate legal existence from their owners or shareholders.
4. Companies pay corporation tax. Companies are subject to taxation on their income, known as corporation tax. This tax is imposed on the profits earned by the company.
So, statement 2 is correct because companies are incorporated, and statement 4 is correct because companies pay corporation tax.
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For both articles, what can you tell me about the values of Harvard and Entrepreneur?
Answers
The article referenced is "If you want to be an entrepreneur, don't go to Harvard.
What are the values of the Harvard Graduate viz a- viz that of the Entrepreneur?Regardless of the size of the organization, "Core Values" should be prioritized. Values direct the path of business, influencing strategy and decision making. Essentially, basic principles serve as the foundation around which we develop our firm. Core Values provides several advantages to the firm.
Students at Harvard have access to classes, research institutions, and faculty mentors from around the university. It's the ideal location to explore your favorite and yet-to-be-discovered academic interests, with world-renowned teachers, cutting-edge resources, and personalized training.
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1. What are the three basic categories of consumer goods? Briefly explain each and clearly
differentiate among them
Answers
There are three main types of consumer goods: durable goods, nondurable goods, and services.
Durable goods are consumer goods that have a long-life span (e.g. 3+ years) and are used over time. Examples include bicycles and refrigerators. Nondurable goods are consumed in less than three years and have short lifespans. Examples of nondurable goods include food and drinks. Services include auto repairs and haircuts.
Consumer goods are also called finals good, or end product, because they are the ultimate output of a productive process that occurs over time.
What is the similarity between goodwill and factory equipment for a business?
A.
Neither has a physical presence.
B.
Both have a financial value.
C.
Both are tangible assets.
D.
Both need to be sold off within one year.
E.
Both are current assets.
Answers
Answer:b
B: Both have financial value
Explanation:ik its b
Ik its B took the test
Answer: I believe the answer is B
1.
What plays a role in supply and demand by influencing consumers to seek out particular brands or markets?
labor
integration
elasticity
advertising
Answers
Answer:
Advertising its part if marketing and brands
When people are in debt, it means there is no income
True or false?