1. describe a buying situation in which you were successfully cross-sold and a situation in which you were ""traded up.""

Answers

Answer 1

To cross-sell is a phenomenon in sales that means to sell a product to a customer because of the initial product that they purchased. A great example would be purchasing a memory card because one purchased a mobile phone.

What does it mean to Trade-Up?

Trading up simply refers to giving up a product for a more expensive one. An example would be trading up a 1995 Mercedes Benz for a 2022 BMW.

The two sales phenomenon described above can be used as strategies for sales.

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Related Questions

which filter can be used to find a specific project when in the work area?

Answers

The filter that can be used to find a specific project when in the work area is: Project name.

Project Filter

When looking or searching for a particular project  that meet your requirement  in a work area, in order to find the project the best thing to do is to include the following filter as it will enables you to find the project you are looking for;

Project nameDue dateTemplate nameTeam member

Therefore the filter that can be used to find a specific project when in the work area is: Project name.

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What are the human behaviors economists should observe when creating economic models?.

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The human behaviors that economists look for when creating economic models are boundless rationality, boundless willpower, and boundless selfishness.

What is the relationship between human behavior and the economy?

Economists analyze the motivation of individuals to make consumption decisions, identifying, for example, their needs and desires based on the costs and benefits of the goods and services available in the economy.

Therefore, human behavior is capable of influencing the economy by instituting economic decision-making.

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The first step to improving your time management skills is to:

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The first step to improving your time management skills is to prioritize.

What is time management skills?

This is a skill needed in order to effectively manage our time and getting things done in an effective way within a short period of time.

The first step to improving your time management skills is to prioritize. Having a daily to do list is very important in managing time effectively. It helps us determine the most important things to do in order of their importance.

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Answer it ....the question is in the pic​

Answers

Answer:

business activities in India

1) Manufacturing -

When product is manufacture or made to that it cn be sold in Market 2) storage -

After the product is ready it required some space to store until it would sold in the market

3) transporting

as per the demand it will transport from one place to another

4) financing -

It requires some money to meet the expense before solding a product

5) marketingto let people know about the product so that more products will be sold

There are other activities also such as managing, accounting etc

The Federal Reserve's Open Market Committee has decided that the federal funds rate should be 0.5 percent rather than the current rate of 1.25 percent. The appropriate open market action is to _____ Treasury bills to _____ money _____.

Answers

In this case, the proper open market action is to sell Treasury bills to decrease money supply.

What is an Open Market Action?

An open market action refers to the act of the Federal Reserve Bank to purchase or sell government securities with the aim of contracting or increasing the supply of money in the economy and alter the position of interest rates.

Open market operations are also known as monetary policy tools used to regulate the economy.

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What is one reason that firms partner with communities to increase economic development?.

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Firms collaborate with communities to increase economic development for a variety of reasons, including the development of workplace skills.

What is  economic development?

Programs, methods, plans, policies, and actions that raise the standard of living in a country are referred to as "economic development."

The development of workplace skills contributes to economic growth by enhancing an employee's efficiency and working style. With the use of new technology, the firm has rapidly grown.

As a result, development of workplace skills to increase economic development.

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The depreciation method that does not initially use the residual value in depreciation calculations is the:.

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The Double Declining Depreciation Method is the method of depreciation that does not initially factor in the residual value when calculating depreciation.

What is the Definition of Depreciation?

Depreciation is the phrase used to describe the decline in asset value. Due to usage, deterioration, or obsolescence, an asset decreases value over time.

The unit of measurement for this drop is depreciation. A reduction in asset value, or depreciation, can be caused by a number of other factors, such as unfavorable market conditions, etc.

Double declining depreciation method refers to the depreciation process that involved a twofold decline in asset value.

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Consumers experience ______ marginal utility the more they consume of a particular good or service.

Answers

Answer:

less

Explanation:

The law of diminishing marginal utility states that, as consumption of a good or service increases, its marginal utility decreases.

what are letters of reference called

Answers

Letters of reference are called letter of recommendation

What are reference letter?

Letter of reference is a letter written on behalf of an individual to point out potential and capacity that the person posses.

This can be done former employer for an employee who has worked with him or her.

Therefore, letters of reference are called letter of recommendation.

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when connecting securely to a website, what information must be in their digital certificate?

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When connecting securely to a website, the information that must be in their digital certificate is:

The websites Domain name

Why is the Domain name important?

The domain name is important because it verifies the ownership of the website. This will be a form of authentication that prevents intrusion by unwanted elements.

So to ensure a safe connection, the domain name must be ascertained.

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Privacy concerns are one of the biggest reasons people don't purchase goods and services online.

true
false

Answers

As regards people not purchasing online because of privacy concerns, this statement is True.

Why are people skeptical of online sales?

There is a general belief amongst many that purchasing goods online can violate one's privacy and security as regards using credit and debit card information to pay for goods.

As a result, people are always skeptical of buying things online but this hasn't stopped a lot of people.

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The total factory overhead for Bardot Marine Company is budgeted for the year at $504,150, divided into four activities: fabrication, $221,000; assembly, $80,000; setup, $109,650; and inspection, $93,500. Bardot Marine manufactures two types of boats: speedboats and bass boats. The activity-base usage quantities for each product by each activity are as follows: Fabrication Assembly Setup Inspection Speedboat 4,250 dlh 12,000 dlh 31 setups 53 inspections Bass boat 12,750 4,000 224 372 17,000 dlh 16,000 dlh 255 setups 425 inspections Each product is budgeted for 3,000 units of production for the year. a. Determine the activity rates for each activity. Fabrication $fill in the blank 1 per direct labor hour Assembly $fill in the blank 2 per direct labor hour Setup $fill in the blank 3 per setup Inspection $fill in the blank 4 per inspection b. Determine the activity-based factory overhead per unit for each product. Round to the nearest whole dollar. Speedboat $fill in the blank 5 per unit Bass boat $fill in the blank 6 per unit

Answers

Variables to fill the blanks are mathematically given as

a)

F= 16

A= $ 6

S= $ 530

I= $ 270

b)

The speed boat is  $ 59

The Bass Boat is $ 148

What are the activity rates for each activity.?

Generally, the equation for  Fabrication is  mathematically given as

[tex]F=\frac{Overhead \ Cost}{ Activity \ Base \ Usage \ Quantities}[/tex]

Therefore

[tex]F= \frac{448,000}{28,000}[/tex]

F= 16

Generally, the Assembly  is  mathematically given as

[tex]A= \frac{180,000}{30,000}[/tex]

A= $ 6

Generally, the Setup is  mathematically given as

S= $ 222,600 / 420

S= $ 530

Generally, the Inspection is  mathematically given as

[tex]I = \frac{189,000}{700}[/tex]

I= $ 270

b)

For the Activity-based factory overhead per unit

The speed boat is  $ 59

The Bass Boat is $ 148

In conclusion, Use the values to fill in the required blanks

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You are evaluating a potential purchase of several light-duty trucks. The initial cost of the trucks will be $194,000. The trucks fall in the MACRS 5-year class that allows depreciation of 20% the first year, 32% the second year, 19% the third year, 12% the fourth year, 11% the fifth year, and 6% the sixth year. You expect to sell the trucks for 29,100 at the end of five years. The expected revenue associated with the trucks is $155,000 per year with annual operating costs of $81,000. The firm's marginal tax rate is 25.0%. What is the after-tax cash flow associated with the sale of the equipment

Answers

The after-tax cash flow associated with the sale of equipment is $299,325.

What is an initial cost?The initial cost is the typical cost of buying or producing the goods you have on hand.What is an operating cost?Operating costs, often known as operating costs, are the costs associated with running a company, or with running a machine, part, piece of equipment, or facility. They represent the cost of the resources an organization uses just to stay in business.What is cash flow?The actual or fictitious movement of money is known as cash flow. In finance and accounting, cash flow describes the capital inflows and outflows of particular economic units with the aim of achieving a particular goal within a predetermined window of time. Making an accurate prediction of future cash flows is required in accounting in addition to measuring current cash flows.Solution -

Revenue of 5 years [tex]= 155000 * 5 = 775000[/tex].

Operating cost of 5 years [tex]= 81000 * 5 = 405000[/tex].

Sale of equipment [tex]= 29100[/tex].

Net profit = [tex]775000+29100 - 405000=399100[/tex].

Tax to be deducted at 25% [tex]= 99775[/tex].

Cash flow after tax [tex]399100-99775=299325[/tex].

Therefore, the after-tax cash flow associated with the sale of equipment is $299,325.

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Anyone have an idea how to create a NPV Spreadsheet which intakes a 6% discount factor.
My actual question is very similar to this, If someone could give me a step by step breakdown it would be much appreciated

Answers

The way to calculate an NPV Spreadsheet using the NPV Function are:

=NPV(discount rate, series of cash flow)Step 1: Set a discount rate in a cell.Step 2: Establish a series of cash flows (must be in consecutive cells).Step 3: Type “=NPV(“ and select the discount rate “,” then select the cash flow cells and “)”.

What is an NPV Function?

This refers to the excel function that is used to calculate the net present value and the discount rates for cash flows.

Hence, we can see that given that you have the discount factor, the annual operating costs, and annual benefits, you would then need to add the present value of all +ve cash flows and subtract the present value of all -ve cash flows.

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The complexity and challenges associated with planning for and executing an operation include.

Answers

Answer:

One of the two equal sides of an isosceles triangle is 5.4cm . If the perimeter of the triangle is 15.4cm find the length of remaining side of the triangle.

do you know the answer ​

Answers

The sources of information for foreign employment Red, personal contacts abroad; Green, recruitment websites and the techniques of getting information of foreign employment notice board, websites etc.

What is foreign employment?

Going from one country to another country in the search of job and for the purpose of earning money is called foreign employment.

The foreign employment has the advantage that it has the ability to experience different cultures, customs, and traditions.

It provides the opportunity to develop a more global and open mindset.

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how will an increase in labor productivity affect equilibrium in the labor market?

Answers

We can actually infer here that an increase in labor productivity will affect equilibrium in the labor market in the following way: The demand for labor will increase and the equilibrium wage and quantity of labour will increase.

What is equilibrium?

Equilibrium refers to the state whereby opposing things are balanced in order to achieve a desired outcome.

If the labor productivity is increased, it will definitely affect equilibrium in the labor market in such a way that the demand of labor will increase.

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what do economists call the physical actions and mental activities that people contribute to the production of goods and services?

Answers

Labor is the physical actions and mental activities that people contribute to the production of goods and services.

What is labor?

This can be used to refer to all forms of activities that a person engages in for the production of goods and services.

It is one of the factors of production and refers to tghe physical strength used in the process.

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What Economists call the physical actions and mental activities that people contribute to the production of goods and services is:

Labor

What is Labor?

Labor refers to the physical and mental exertion that employees often have to put in to produce goods and services.

In many companies, employees exert their physical strength and intelligence to sustain the smooth flow of activities. Economists call this labor.

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An army pilot from State A was injured when his helicopter crashed due to a defect in the tail rotor. The helicopter was manufactured by a contractor, a private company incorporated and with its principal place of business in State B. The contractor produced equipment for use by the military pursuant to contracts with the United States government. The army pilot brought a strict products liability action in federal district court in State B against the contractor, alleging $200,000 in damages. The contractor seeks to assert a defense recognized and developed by federal courts for private defense contractors involved in contracts with the United States government. Although not set forth by federal statute or other federal rule, the defense has been used to allow private defense contractors to avoid tort liability under state law. State B does not recognize this defense. What law should the federal district court apply to this issue

Answers

The district court will first determine if there is a conflict between state and federal law with regard to the matter at hand before deciding whether to apply state or federal law. If there is a contradiction between the appropriate state and federal laws, the district court must determine whether a valid federal statute or Federal Rule addresses the contested matter.If there is no applicable federal act or regulation, the court must decide whether federal common law or state law should be applied.When a "uniquely federal interest" is at risk and a considerable conflict arises between that interest and the operation of state law, the Supreme Court has also acknowledged the application of federal common law.

Federal district court took decision -If there are significant, overriding federal interests at stake that require the application of federal law, a federal court may still apply federal common law. Such federal interests are evident in this case, as was previously discussed.

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A ________ is used in the final step of identifying viable Six Sigma improvement projects in order to easily select the priority projects based upon business criteria. Select one: a. Project Viability Model b. Selection Matrix c. Any of the Above d. None of the Above

Answers

Project Viability Model is used in the final step of identifying viable Six Sigma improvement projects in order to easily select the priority projects based upon business criteria.

What is Six Sigma program?

A set of six management techniques, which are used by business organizations in order to detect and avoid the errors of a business process and improve efficiency, is a part of the six sigma program.

Hence, option A holds true regarding six sigma program.

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A developer of a new planned unit development (PUD) has gathered the following market information for University City. The developer estimates that there will be 1,500 home (all types) sales in University City over the next year. If an analysis of demographic information has revealed that the core market share for the PUD project within the community is 14.0%, what is the total market segment potential for this project

Answers

Based on the number of homes estimated, and the planned unit development, the total market segment potential is 210 units .

How can the market segment potential be found?

To find the total market segment potential, use the following formula:

= Number of homes estimated x Planned Unit Development

Solving gives:

= 1,500 x 14%

= 210 units

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You rent a car for $29.95. The first 150 miles are free, but each mile thereafter costs 15 cents. You drive it 200 miles. What is the marginal cost of driving the car

Answers

Answer:

The marginal cost of driving the car is $7.50 + the cost of gas.

Explanation:

Initial cost: $29.95

200 miles you drove- 150 miles free= 50 miles you have to pay for

50 miles * 15 cents per mile

50* 0.15= $7.5

$7.50

Lee, the CEO of Libra Inc., decided that the best way to diversify this food processing company would be to set up its own small-scale beverage producing unit in a new area where its new products would have high demands. This decision by Lee best reflects a(n) _________.

Answers

The decision that Lee wants to take to diversify the food processing company is known as a greenfield entry.

What is a greenfield entry?

This refers to the establishment of a company's subsidiary in another nation or area apart from the company's current location.

Lee wants to establish a new division in another area so this must be a greenfield entry.

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In order to manufacture their high-end mountain bikes, Pedal On Inc., needs a special oil it can only import from a company in India. In turn, that company can only produce the oil with ingredients it obtains from the exclusive producer in Thailand. The company in Thailand agrees to provide the ingredients to the company in India in exchange for a quantity of mountain bikes from Pedal On. This beneficial exchange is a form of

Answers

Based on the fact that this exchange will be beneficial to both the Thai company and Pedal On Inc, this is a form of quid pro quo.

What is quid pro quo?

This is a form of exchange where a party gives the other party something they want and the other party returns the favor by giving something that first party wants.

In this exchange, Pedal On Inc. will get the exclusive oil that they want, while the Thai company will get a quantity of mountain bikes.

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Supporters of a minimum wage argue that it can increase wage rates without causing significant unemployment in which type of labor market?

Answers

Supporters protest that the wage rates can be increased without causing any significant unemployment are usually referring to the low pay labor market.

What is a wage?

A wage is the money compensation for the services obtained by a labor, this wage is based on rates these rates can be hourly, per piece or per day.

In such a market even if wage rates are increased the unemployment is not  significant and is in fact beneficial for the labor working on a low wage.

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Mr. Garrett has just entered his ma initial coverage election period (icep). What action could you help him take during this time?

Answers

The  action that I could  help him take during this time is have  that to  opportunity to enroll in a Medicare Advantage plan.

What is Medicare Advantage plan?

Medicare Advantage is a  health insurance plan that give help with private-sector health insurer.

This is very common in the united state, and since, Garrett has just entered his MA Initial Coverage Election Period , he can be part of the Medicare Advantage plan.

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Natasha has $1000 to open a checking account. She can maintain a monthly balance of $600. She also has a savings account at the same bank. Her employer offers direct deposit and she plans to use online bill paying. She writes about eight checks per month. She currently uses the ATM machines at several different banks. Natasha sometimes overdraws her account. Bank Account Terms and Conditions Natasha wants an account with the lowest fees. Which checking account would be best for Natasha

Answers

Based on Natasha's preferences and the conditions offered by banks to her, the checking account that would be best is Account A.

Why is Account A best for Natasha?

She has $600 is more than the $500 minimum balance required. She will not have to pay ATM fees for withdrawing from other bank ATMs.

She won't get charged for online bill payments and because she has a savings account, her overdraft fees would be $0. She can also write as many checks as she wants.

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Answer:

Based on Natasha's preferences and the conditions offered by banks to her, the checking account that would be best is Account A.

Explanation:

Why is Account A best for Natasha?

She has $600 is more than the $500 minimum balance required. She will not have to pay ATM fees for withdrawing from other bank ATMs.

She won't get charged for online bill payments and because she has a savings account, her overdraft fees would be $0. She can also write as many checks as she wants.

After a targeted segment of kids under twelve was chosen by a sugar cookie company, the company had to decide on its marketing mix to that segment. When deciding on a price strategy for its cookies, what questions should the company ask?.

Answers

When deciding on a price strategy for its cookies, the questions that should  be asked by the company ask is  How much is too expensive or too cheap .

What is pricing strategy?

A pricing strategy serves as the model that is been utilized by the company to establish the best price when trying to market their product or service.

That is why it is important for the company to ask  How much is too expensive or too cheap  because this will help them to be able to  choose prices so as to be able to maximize profits.

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Trust fund overages or shortages are serious violations of the law, which can result in loss of license, even if the discrepancy is caught and corrected. Which statement is correct regarding trust fund liability?

Answers

The statement that is correct regarding trust fund liability is A trust fund overage occurs if the trust account balance is greater than the total liability of the account.

What is violations of the law?

violations of the law of the act of going against the law that guides some certain discipline which was seen in the Trust fund overages or shortages.

Trust fund shortages are usually as a result of the  disbursements to a beneficiary in excess of funds that is been gotten  from  account of that beneficiary.

However, it can as well be as a result of  trust account balance is greater than the total liability of the account.

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If the company wants to provide a warranty so that only 2.6% of the DVD players will be replaced before the warranty expires, what is the time length of the warranty?

Answers

The time length of the warranty base on the information is 3.3 years.

How to calculate the time length?

Based on the complete information, the time length of the warranty will be:

(x - 7)/1.9 = -1.944

x = 7 - 3.6936

x = 3.3 years.

Therefore, the time length is 3.3 years.

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