your company makes a large sale of computers to a long-standing customer who asks to take delivery in 6 months when they move into a new facility. in addition, you have negotiated that the price will be determined at fair market value at the time of delivery. your accounting manager informs you that this sale cannot be recorded yet under generally accepted accounting principles. the accounting manager is correct because the earnings cycle is not complete.
Accounting: What Is It?Accounting is the process of recording financial transactions for a business.. Summarizing, analyzing, and reporting these transactions to oversight organizations, regulatory bodies, and tax collection organizations are all parts of the accounting process. The financial statements that are used in accounting provide a succinct overview of all financial transactions that took place during a given accounting period, including information on a company's operations, financial situation, and cash flows. Accounting is an essential function for decision-making, cost planning, and measuring economic success, regardless of the size of an organization.
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what is the term for a crm that tracks the type of sale that is most likely to make a person purchase an item that they have previously viewed on an e-commerce site?
User experience is the term for a CRM that tracks the type of sale that is most likely to make a person purchase an item that they have previously viewed on an e-commerce site. Option C
What is User experience?Generally, The term "user experience" describes how a product, application, system, or service makes the user feel. It is a general phrase that may refer to anything, including how easily a user can navigate a product, how simple it is to use, how pertinent the shown material is, etc.
A CRM that monitors the kind of sale that is most likely to prompt a consumer to buy an item that they have previously seen on an e-commerce site is known as a user experience CRM.
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CQ
What is the term for a CRM that tracks the type of sale that is most likely to make a person purchase an item that they have previously viewed on an e-commerce site?
Variability
Product or service measurement
User experience
Product development
For the following financial reporting assessment opportunities (AO), provide a resolution to each AO and ensure that the resolution is well supported by appropriate standard references. Question 4 April 1, 20x7, Nicholas and Noelle Christmas realized their life-long dream of moving to the county and living and working on a Christmas tree farm. They purchased Festive Trees Farm (FTF) for $1.6 million. This included 75 acres of land, of which 70 acres was planted with Christmas trees, 5 acres was used for buildings to store various equipment and machinery, and 5 acres was home to the family home and garden. At the time of purchase, it was determined that the buildings and 5 acres was worth $400,000 and the remaining $1.2 million was the price of the 70 acres planted with trees. 70 acres of vacant land in the area would sell for $70,000.Land prices in the area have remained constant for the past several years and should continue to do so. FTF had been in operation for 15 years and was IFRS compliant. The new owners were planning on also following IFRS. It is March 31, 20x8, year-end, and after a successful first year, Nicholas and Noelle have come to you for help in preparing their financial statements. Noelle has been following the market price for Christmas trees and has related the following data to you: Christmas Tree Prices -- March 31, 20x8: Saplings 1-year old 2-year old 3-year old 4-year old Selling Costs per tree Number of trees per acre $30/tree $35/tree $45/tree $45/tree $50/tree $5/tree 400 trees Noelle tells you that FTF has its 70 acres split equally between the 5 ages of trees above to always keep a steady flow of mature trees that can be sold FTF is showing the initial cost of $1,200,000 for the value of the "Tree Farm" on its balance sheet.
Concurring to IFRS 13, the reasonable value of the Christmas tree cultivation ought to consider the advertising value of arrival and reduced cash streams of the trees.
Resolution for assessment opportunitiesAO: Decide the fitting valuation of the Christmas tree cultivation and the related revelation within the budgetary explanations.
Resolution: The valuation of the Christmas tree cultivation ought to be based on the Fair value of its components, considering the arrival, buildings, and trees.
Agreeing to IFRS 13: Fair value estimation is characterized as the cost that would be gotten to offer a resource or paid to exchange risk in an efficient exchange between showcase members at the value date.
For the arrival, the Fair value can be decided by considering the advertised price of empty arrival within the region, which is expressed to be $70,000 per section of land.
Since FTF has 70 sections of land of planted trees, the Fair value of the arrived parcel would be 70 sections of land x $70,000 per section of land = $4,900,000.
The buildings and 5 sections of land of arrive were decided to be worth $400,000 at the time of buying. Unless there have been noteworthy changes or enhancements, this esteem can be considered the Fair value of the buildings and arrival parcel.
With respect to the trees, Noelle has given information on the offering costs and costs per tree for each age category. The Fair value of the trees ought to be decided based on the marked-down cash streams of the anticipated future cash inflows from selling the trees. This would include evaluating long-run yields and costs related to each age category.
Within the money-related explanations, FTF ought to unveil the valuation strategy utilized for the Christmas tree cultivation, counting the premise for deciding the reasonable esteem of arrive, buildings, and trees. This will give straightforwardness and empower clients with the monetary explanations to get the valuation handled.
References:
IFRS 13: Reasonable value Estimation
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should the federal government control the price of food, gas and/or rent? yes or no. thoroughly explain your position using economic theory and historical literature on price controls.
No, the federal government should not control the price of food, gas, and/or rent. This position is based on economic theory and historical literature on price controls.
Economic theory suggests that markets are efficient at allocating resources when left to their own devices. Price controls, such as setting a maximum price for food, gas, or rent, can lead to market distortions and inefficiencies. For example, price ceilings can cause shortages, as producers may not have the incentive to produce enough of the goods at the controlled price.
Additionally, price controls can lead to a misallocation of resources. Producers may shift their resources to other markets without price controls, further exacerbating the shortage in the controlled market. Furthermore, consumers may overconsume goods with controlled prices, as they perceive them to be cheaper, resulting in increased demand and further strain on the supply. Historical literature on price controls also shows that they often have unintended consequences. For example, during World War II, the U.S. government imposed price controls on various goods, including rent.
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1 Which one of the following is not Which one of the key roles / purposes of marketing within
business?
A To identify potential customer groups
B To inform customers about the business's product or service
C To prepare cash flow forecasts
D To understand customers and their needs
Your answer
i
See information for Your Bank Inc. Calculate the duration of the assets to four decimal places. A. 1.7500 years. B. 3.0888 years. C. 4.3750 years. D. 2.5000 years. E. 2.5375 years.
During which time period was the annual rate of increase of the speed the greatest? a) from year 1 to year 2 b) from year 1 to year 3 c) from year 1 to year 4 d) from year 1 to year 5
The annual rate will increase with the greatest speed from year 1 to year 3.
What is the growth rate?A growth rate is the proportion that changes the price of all goods and services produced in a country over a specific time period in comparison to a previous period.
The growth rate is used to measure the comparative fitness of an economic system over time. The numbers are commonly compiled and announced quarterly and annually.
From 1948 to 2021, the GDP Annual Growth Rate in the United States averaged 3.14 percent, with an all-time high of 13.4 percent in the fourth sector of 1950.
From the above declaration, it's clear that choice C, year 1 to year 3, is the proper option.
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In chapter 8, what are the possible risk impacts to RCT Subsidiaries in terms of future rental income? A) Impact on VAT shelter coincident and failing to perform the required £136 million of repair expenditures B) Both welfare reform and rent reform have the potential to negatively impact the rental income of the RCT Subsidiaries C) The New Build Group expansion of homebuilding offsets any possible changes to government funding within the home sectors of Wales D) Future rental income is assured due to the ever-increasing interest and availability of land within Wales E) All of the above
A) Impact on VAT shelter coincident and failing to perform the required £136 million of repair expenditures: If RCT Subsidiaries fail to perform these repairs, it may result in a decreased property value and reduced rental income.
Additionally, the VAT shelter may be impacted, which could lead to increased costs for RCT Subsidiaries.
B) Both welfare reform and rent reform have the potential to negatively impact the rental income of the RCT Subsidiaries: Changes in welfare and rent reform policies could lead to a decrease in the number of tenants who can afford to rent properties from RCT Subsidiaries, resulting in lower rental income.
C) The New Build Group expansion of homebuilding offsets any possible changes to government funding within the home sectors of Wales: Although this expansion may offset some risk, it does not directly address the potential negative impacts on rental income.
D) Future rental income is assured due to the ever-increasing interest and availability of land within Wales: While this may be true, it does not account for the potential negative impacts of factors such as welfare reform, rent reform, or failing to perform repair expenditures.
E) All of the above: This answer encompasses all possible risk impacts to RCT Subsidiaries' future rental income mentioned in the options above. Each factor, either individually or in combination, could potentially negatively impact future rental income for RCT Subsidiaries.
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What are two ways people can find money to save?
Answer:
By Increasing the income or by lowering the expenditure.
Explanation:
By increasing income means that the person must invest the money which would result in increase in the annual income. This increase in annual Income would help you to save more.
The second method is by decreasing the expenditure which are not necessary or are associated with luxury lifestyle. If the person has lowered its expenses then he has started saving more and this money he or she can use elsewhere which as per their future planning.
Michelle is an American expatriate starting a new job in China. She should
a. expect her Chinese coworkers to learn American norms.
b. continue to speak only English because it's the language of business.
c. rely on relationships formed in the United States.
d. establish relationships in China.
d. establish relationships in China.
When Michelle starts a new job in China as an American expatriate, it is important for her to adapt to the local culture and establish relationships within her new work environment.
d, establishing relationships in China, is the most appropriate choice in this scenario.
To succeed in a new job and integrate into the Chinese work culture, Michelle should make an effort to build connections with her Chinese coworkers. This involves learning about Chinese customs, etiquette, and business practices, as well as showing respect for their cultural norms. Building relationships will help Michelle navigate the workplace dynamics, improve communication, and foster collaboration with her colleagues.
While it is beneficial for Michelle to bring her expertise and knowledge as an American, expecting her Chinese coworkers to solely learn American norms ( a) may lead to misunderstandings and hinder effective teamwork. Additionally, it would be advantageous for Michelle to learn Mandarin or at least basic Chinese phrases to facilitate communication, rather than solely relying on English ( b).
While maintaining relationships formed in the United States ( c) can be valuable, it is crucial for Michelle to establish new relationships in China to successfully integrate into the local work environment and culture.
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Mr. Coffey bought a house for $195,000. He made a 20% down payment. The interest
rate is 5.25% for 30 years. Use the loan payment calculator to answer the following
questions. (do not use commas or dollar signs in your answer)
What is his monthly payment?
Answer: $861.44
Explanation:
Given the following :
Purchase price = $195,000
down payment = 20%
Interest rate = 5.25%
Period = 30 years
Down payment = 0.2 × $195,000 = $39,000
Therefore, loan amount will be :
$(195,000 - 39,000) = $156,000
The payment per period (monthly payment) can be calculated using the annuity calculator.
Present value = $156,000
Number of periods = 30yrs = 30× 12 = 360 months
Interest = 5.25% / 12= 0.4375% = 0.004375
Future value = 0 (Amount when entire loan has been paid)
Therefore, the payment per period is $861.44 using the financial calculator.
according to the penetration strategy, an entrepreneur tries to penetrate his or her firm's product or market further by _____.
According to the penetration strategy, an entrepreneur tries to penetrate his or her firm's product or market further by adjusting the price of the product. Penetration pricing strategy involves setting a lower price for the product than the competition to draw in consumers and acquire a larger market share.The goal of penetration pricing is to attract customers and gain market share quickly.
The product's price is deliberately set low, with the expectation that revenue will be generated by increased sales volume rather than by the price per unit.Market penetration pricing is a method of setting low prices to break into a new market or increase market share. It is most commonly used in situations where there is little or no competition, where the product is easily substitutable,
and where the cost of producing additional units is minimal. Additionally, the pricing strategy provides the company with information about consumers' willingness to pay for the product.The goal of market penetration pricing is to gain market share quickly by drawing in consumers who might otherwise be hesitant to try a new product or who might have been loyal to a competitor's brand in the past.
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David and Lilly Fernandez have determined their tax liability on their joint tax return to be $3,100. They have made prepayments of $1,915 and also have a child tax credit of $3,000. What is the amount of their tax refund or taxes due
To determine the amount of David and Lilly Fernandez's tax refund or taxes due, we need to calculate their total tax liability and compare it to their prepayments and tax credits.
Total tax liability = $3,100
Prepayments = $1,915
Child tax credit = $3,000
First, we subtract the prepayments and tax credit from the total tax liability:
Total tax liability - Prepayments - Child tax credit = Taxes due or refund
$3,100 - $1,915 - $3,000 = Taxes due or refund
$3,100 - $1,915 - $3,000 = -$815
Based on the calculations, David and Lilly Fernandez have a refund of -$815, which means they owe $815 in taxes.
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(14%) Let A[1..n] be an array of n positive numbers. Entry A[i] represents the trading price of a stock X on the i-th day (and hence the numbers are ordered chronologically). Write an algorithm max-profit that returns a pair (a, b) such that if one buys stock X on the a-th day and sells it on the b-th day, the maximum profit is made. Give the time complexity of your algorithm in Big-O. Show the derivation of the complexity result.
To solve this problem, we can use a simple algorithm that iterates through the array and keeps track of the minimum price seen so far and the maximum profit.
The algorithm works as follows: Initialize variables: min_price = A[1], max_profit = 0, buy_day = 1, sell_day = 1. Iterate through the array A from the second element to the last: If A[i] < min_price, update min_price = A[i]. If A[i] - min_price > max_profit, update max_profit = A[i] - min_price, buy_day = index of min_price, sell_day = i. Return the pair (buy_day, sell_day). The time complexity of this algorithm is O(n), where n is the size of the array A. This is because we perform a single pass through the array, comparing and updating values in constant time for each element. Therefore, the algorithm has a linear time complexity.
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Which of the following set is correctly depicting the same type of production: I. bridges, fishing, rum II. Hotel worker, processed coffee, sugar
III. furniture, clothing, roadway IV. all the above
Each sector of the economy involves a different type of production process.
Which of the following set is correctly depicting the same type of production?The correct set that is depicting the same type of production is set II, which includes hotel worker, processed coffee, and sugar.
In set II includes hotel workers, processed coffee, and sugar. Hotel workers are part of the service sector, which involves providing intangible goods and services such as hospitality, entertainment, and transportation. Processed coffee and sugar are part of the manufacturing sector, which involves the transformation of raw materials into finished goods for consumption. These items are all related to the same sector of the economy, which is the service and manufacturing sector.
In contrast, set I includes a mix of production types. Bridges are part of the construction sector, fishing is part of the primary sector (which involves extracting natural resources), and rum is part of the manufacturing sector. These items are not related to the same type of production.
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1. Skill-biased technological change increases wage inequality by altering the ______ high-skilled workers relative to low-skilled workers.
2. The introduction of word processing software that increases the demand for workers with computer skills relative to those without such skills is an example of:
Skill-biased technological change increases wage inequality by altering the relative demand for high-skilled workers relative to low-skilled workers.
Skill-biased technological change refers to the introduction of new technologies that favor skilled workers over unskilled workers.
This is because new technologies often require workers with higher levels of education and training to operate and maintain them. As a result, the demand for skilled workers increases, while the demand for unskilled workers decreases.
This leads to an increase in wage inequality, as skilled workers are able to command higher wages than unskilled workers.
The introduction of word processing software that increases the demand for workers with computer skills relative to those without such skills is an example of skill-biased technological change.
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Barry also looks into the cost of repaying an easy access loan for $1,000. The up-front cost of the loan is $3 for every $20 borrowed, plus the original $1,000. How much will this loan cost barry in interest?.
If Barry additionally considers the price of repaying a $1,000 quick access loan. For every $20 borrowed, there is an upfront fee of $3 in addition to the first $1000, Barry must then repay $1150.
What does a loan cost?The equation is the name given to two or more expressions with an equal sign. We can construct an equation to assist in resolving this issue.
The amount he needs to repay is x.
x=1000+3(1000/20)
The number 1000/20 tells us how many times he borrowed $20.
x=1000+3(50)
x=1000+150
x=1150
Therefore, Barry must thus repay $1150.
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How do professional organizations and associations promote career preparation and offer opportunities? Write a one- or two-paragraph response based on the reading. Include supporting evidence in the form of reasons, facts, or details
Professional organizations and associations are collegiate structures in which the members of a certain profession come together, with the aim of contributing to the better development of professional practice.
What is profession?A successfully professionalized field of employment is referred to as a profession.
It can be characterized as a disciplined team of people, professionals, who uphold ethical standards, present themselves as, and are recognized by the public as possessing, special knowledge and skills in a widely acknowledged body of learning derived from research, education, and training at a high level, and who are ready to apply this knowledge and exercise these skills in the interest of others.
Professional careers are built on specialized education, and their main goal is to provide people with impartial, objective advice and assistance in exchange for a clear, direct payment that is entirely unrelated to any expectation of future financial benefit.
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Professional organizations and associations promote career preparation and offer opportunities in a variety of ways. One of the most important ways is by providing access to educational resources and training opportunities. Many professional organizations and associations offer workshops, seminars, and online courses that help members develop new skills and stay up-to-date on the latest trends and best practices in their field. For example, the American Marketing Association offers a wide range of professional development programs, including online courses, workshops, and certifications, designed to help members improve their marketing skills and advance their careers.
In addition to educational opportunities, professional organizations and associations also provide a variety of networking opportunities that can help members connect with other professionals in their field. This can be especially valuable for individuals who are just starting out in their careers or who are looking to transition to a new role or organization. For example, the Association for Computing Machinery hosts conferences and networking events that bring together computer science professionals from around the world, providing opportunities for members to meet potential employers, collaborators, and mentors.
Which statement about Social Security is true?
A. You can increase your monthly benefit by retiring earlier than the
standard retirement age.
B. You can increase your monthly benefit by postponing when you
begin receiving benefits.
C. You can increase your monthly benefit by deferring taxes until
retirement.
t because all
D. There is no way to increase your monthly benefit because
retirees earn the same amount.
Answer: B
Explanation: Social Security retirement benefits are increased by a certain percentage for each month you delay starting your benefits beyond full retirement age.
Utilizing your research notes, imagine you are a business manager and you must create a brief step-by-step problem-solving guide to be used by your employees. The guide should outline the steps in the problem solving process and provide a few details as to how an individual could approach each step. The guide should be no more than one page. Be sure to explain the value of collaboration and teamwork within the workplace.
Answer:
Define the problem
Analyze the affects of problem on the business
Generate list possible solutions to it.
Evaluate each alternative.
Implement a solution that is best fit
Monitor the results
Explanation:
There are six steps in problem solving. As a business manager one should understand all these steps to immediately counter a problem and progress for business success. The business manager should first define the problem and analyse the affects that it may cause to the business operations. He should then consider list of possible solutions which can solve the problem without any harm to business activities. The best possible solution to the problem should be selected and then it should be implemented to solve the problem quickly. The progress of the problem solving should be evaluated.
$19,297 is invested, part at 13% and the rest at 8%. If the interest earned from the amount invested at 13% exceeds the interest earned from the amount invested at 8% by $777.58, how much is invested at each rate? (Round to two decimal places if necessary.)
Amount invested at 13%?
Amount invested at 8%?
Amount invested at 13%: $9,120.29
Amount invested at 8%: $10,176.71
Let's assume the amount invested at 13% is x dollars. The amount invested at 8% would then be (19,297 - x) dollars.
The interest earned from the amount invested at 13% is given by: 0.13x
The interest earned from the amount invested at 8% is given by: 0.08(19,297 - x)
According to the given information, the interest earned from the amount invested at 13% exceeds the interest earned from the amount invested at 8% by $777.58. Therefore, we can set up the following equation:
0.13x - 0.08(19,297 - x) = 777.58
Simplifying the equation:
0.13x - 0.08 * 19,297 + 0.08x = 777.58
0.21x - 1,543.76 = 777.58
0.21x = 2,321.34
x = 2,321.34 / 0.21
x ≈ $11,005.90
So, the amount invested at 13% is approximately $11,005.90. To find the amount invested at 8%, we subtract this value from the total amount invested:
Amount invested at 8% = 19,297 - 11,005.90 ≈ $8,291.10
The amount invested at 13% is approximately $11,005.90, and the amount invested at 8% is approximately $8,291.10.
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Julie sets high goals for herself at work. She is more committed to reaching these goals than most employees. She is organized, works hard, and remains persistent in the face of obstacles to reaching her work goals. Julie would probably score high on a measure of
Answer:
conscientiousness.
Explanation:
A personality psychologist can be defined as an individual who is saddled with the responsibility of studying the emotions, behaviors, motives, and thought patterns of individuals and how these psychological subsystems affects their lives. This ultimately implies that, personality psychologist are much more interested in studying the individual differences in humans in relation to their psychology.
Conscientiousness is one of the Big Five trait of personality, amongst other traits such as agreeableness neuroticism, extraversion and openness. They are used to access the personality of a living organism, especially human beings.
In this scenario, Julie would probably score high on a measure of conscientiousness because she possesses the following attributes or qualities; organized, works hard, persistent, committed, etc.
Can Some people give me brainliest I'll give ya'll all my points when I see it
Answer:
Explanation: why u delete all your questions that u answered for me?
I am MrBeast and if you can guess what number I am thinking of between 1 and 100 I will give $10,000. Comment or answer.
Answer:
58
ohhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh
it's fake
This is fake!!! It's not even the real MrBeast!!
This tax is locally assessed, varies according to the worth of land and goods on it, and generally funds things like public schools.
Answer:
Property
Explanation:
I Did it
A _____ is a person who does a job for a specified time period, usually less than six months. For example, some agricultural workers are often employed only for harvesting. Entrepreneur job sharing flexible work hours temporary employee
Answer:
Temporary employee.
Explanation:
A temporary employee is a person who does a job for a specified time period, usually less than six months. For example, some agricultural workers are often employed only for harvesting.
Basically, a temporary employee refers to an individual who is employed by an organization based on the specific requirements and needs of the organization and the job is typically limited to a specific period of time. Thus, once the agreed upon time elapse, the employee's service will no longer be needed and as such its terminated.
This type of employment is a contractual agreement between the employee and the employer for he or she to be employed for a limited period of time.
Answer:
Temporary Employee
Explanation: I took the test and got all of the answers right.
list one career cluster and three career pathways related to this cluster
Answer:
Business Management & Administration: General Management pathway: general manager: Walmart.
Business Management & Administration: Business Information Management pathway: IT manager: Walmart.
Business Management & Administration: Human Resources Management pathway: HR director: Meijers.
Business Management & Administration: Operation Management pathway: Operations manager: Meijers.
Business Management & Administration: Administrative Support pathway: Administrative assistant: Kroger.
Finance: Securities & Investments pathway: Bank teller: Huntington.
Finance: Business Finance pathway: accountant: Kroger.
Finance: Accounting pathway: auditor: H&R Block.
Finance: Insurance pathay: insurance claim agent: Amica.
Finance: Banking Services pathways: bank teller: Huntington.
Marketing: Marketing Management pathway: forecast manager: Adidas.
Marketing: Professional Sales pathway: salesperson: Adidas.
Marketing: Merchandising pathway: Sales Promotion manager: Walmart.
Marketing: Marketing Communications pathway: Advertising manager: Adidas.
Marketing: Marketing Research pathway: product planner: Nikes.
Explanation:
Business management and administration can be one of the career clusters.
What is a career?You maintain the same line of employment when you have a career. A profession can consist of one or several jobs. You may work for a single corporation or several. A career education, experience, and professional experience. A career is often referred to as a "career path."
One of the career clusters is a business management and administration.
Three paths to careers in this cluster
Management of corporate information will help them to become managers and know how to handle people.Management, in general, will help in smooth working. Human resource administration will make sure that the relationship between the employee and the employer is working smoothly.Learn more about career, Here:
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tony's job entails making sure his company's products get to retailers so that target customers can buy them. which element of the marketing mix is tony involved with?
Tony's job entails making sure his company's products get to retailers so that target customers can buy them. Distribution element of the marketing mix is tony involved with.
Distribution as part of the marketing mix is crucial for business expansion. Using a variety of types and techniques to expand reach and boost revenue is a great distribution channel approach.
Here are several distribution strategies for the marketing mix.
1. Direct- Direct distribution refers to the sale and delivery of goods by manufacturers to customers without the involvement of intermediaries or other organizations.
2. Indirect- Using various channels to get your product in front of customers is known as an indirect distribution strategy. Distribution typically takes place through channels that are direct to consumers or third-party retailers.
3. Intensive- A manufacturer can decide to reach as many stores as possible in order to gain market share. Intensive distribution may be used to describe this. The most typical products that are distributed in this way are candy bars, home goods, and beverages.
4. Exclusive- When a firm chooses just a few sales locations to offer their products, this is known as exclusive distribution.
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What kinds of products
and property do cyber-
protection laws cover?
Answer:
Act of threatening to share information about a person to the public, their friends or family, unless a demand is met or money is paid
Explanation:
Helen inherited some money from her grandmother. She decided to open a coffee shop. She explored the main market area near her house to scope out the competition. The competitors were all famous branded coffee houses. They heavily advertised their coffee and had a lot of brand awareness among the customers. They sold their coffee at a low price, because they could divide the cost of operations over a large number of sales. There was an area near a business center that seemed distant from these branded coffee houses. She decided to rent this location for her shop. She realized that she would also need to serve coffee that at least equalled the standards of the branded coffee houses.
Answer:
Helen decided to rent her shop in this location.
Explanation:
Helen choose to rent her shop in the location where there are many competitors. The competitors are well established branded coffee houses who serve coffee to their customers at very low price. In this situation customers will not move to any new coffee house. So Helen decided differentiating her coffee shop from other coffee houses and she decided to open a coffee shop where there are less or no competitors available.
2. Where does Steve Jobs’ power and influence come from?
Answer:
working with apple and creating the mac
Explanation: