a marketing director must decide among four alternatives for a new marketing campaign. she ascertains that the probability of high demand is 0.8 and the probability of low demand is 0.2. what is the best choice with the payoffs shown in the tree?
One of four marketing programs must be chosen by a marketing director. She calculates a 0.8 chance of high demand and a 0.2 chance of low demand. Alternative B is the best choice given the payoffs in the tree.
What exactly is a marketing director?A chief marketing officer (CMO), sometimes known as a global marketing officer or marketing director, is a business leader in charge of managing an organization's marketing efforts.
While these titles may have historically denoted a legal responsibility, such as at Companies House in the United Kingdom, they are less strict/formal in the twenty-first century and allow companies to recognize the evolving and increasingly significant role that marketers can play in an organization, not least because of the inherent character of successful marketers.
Brand management, marketing communications (including advertising, promotions, and public relations), market research, product marketing, distribution channel management, pricing, customer success, and customer service are all overseen by the CMO.
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If the required reserve ratio is 10 percent, currency in circulation is $1,200 billion, checkable deposits are $1,600 billion, and excess reserves total $2,500 billion, then the m1 money multiplier is.
The m1 money multiplier is 0.73
The required solution of m1 money multiplier is:Given information:
Required reserve ratio (rr)= 10%= 0.1
Currency in circulation (C)= $1,200 billion
Checkable deposits (D)= $1,600 billion
Excess reserves total (ER)= $2,500 billion
The formula for the M1 money multiplier is
M1=1+(C/D)/rr+(ER/D)+C/D
where C is the currency in circulation, D is deposited, ER is an excess reserve, and RR is the required reserve ratio.
Substitute the given values in the above formula.
M1=(1+1200/1600)/(0.1+(2500/1600)+(1200/1600))
M1=0.7253886
M1=0.73
The M1 money multiplier is 0.73.
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nikita enterprises has bonds on the market making annual payments, with eight years to maturity, a par value of $1,000, and selling for $964. at this price, the bonds yield 6.7 percent. what must the coupon rate be on the bonds?
The coupon rate on the bonds will be 6.10%
The market value of a bond = Present value of coupon payments + present value of face value
Let the annual coupon payments be C.
Number of remaining coupon payments = 8
Yield of bonds = 6.7%
Present value of annuity of $1 = {1 – (1+r)-n}/r = (1 – 1.067-8)/0.067 = 6.04135
Present value of annual coupon payments = P*6.04135
Present value of face value = $1000/1.0678 = $595.23
$964 = P*6.04135 + $595.23
P*6.04135 = $964 - $595.23 = $368.77
P = $368.77/6.04135 = 61.04
Annual coupon amount = $61.04
Coupon rate = $61.04/$1000 = 0.06104 = 6.10%
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what is the approximate inventory turnover rate given the following information: - cost of food inventory (beginning of month) - $37,500 - cost of food purchase (this month) - $36,400 - cost of inventory (end of the month) - $42,400 - food cost (cost of goods sold) during the month - $81,501.45
The approximate inventory turnover rate given the following information: - cost of food inventory (beginning of month) - $37,500
Inventory turnover is the rate at which inventory is sold or used and replaced. Inventory turnover is calculated by dividing the cost of goods by the average inventory level for the same period.
Basically, inventory turnover is the annual average inventory. This shows you how many times you sold (and exchanged) inventory over a period of time. This number is important because it allows companies to narrow down their financial moves.
The inventory turnover formula is the cost of goods sold divided by the total or average inventory, which indicates the number of times inventory was "turned" or sold during the period. You can use this ratio to determine if inventory levels are too high compared to sales.
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what are some advantages to requesting interviews by telephone rather than by letter? why is it important to establish a good relationship with the gatekeeper and other people you meet while you wait to be interviewed? list several strategies you can use to establish good rapport. what is meant by the hidden job market? rubric
It leads to better comprehending the answers according to the situation.
Moreover, Explanation in telephonic conversation can be molded with better concept building and story building in a professional way. Conversing through telephone creates impact refer to language usage and tone usage in a mannerly way which illustrates better communication skills. It brings more interesting and engaging ways of communicating and answering on the telephone.
It is important to establish a good relationship with the gatekeeper and other people we meet to know the various aspect minutely which helps in better facing the circumstances and situations in a better way. Understanding the company culture through websites and social media gives a different picture when reality check is made when we make good relationships and terms with other people including the gatekeeper.
Various strategies that can be used to establish good rapport as, Communicating effectively-being polite and being a good listener. Feeling of empathy. Having appropriate skills in correlating with common grounds and personal aspects. Being honest and truthful in the talks. Initiating talks on a friendly note. Hidden job market refers to the jobs which are not exclusively advertised and posted on the job portals like Naukri.com, Shine.com, Monster.com. These jobs are internally floated in the company.
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mineral resources are a nonrenewable b alternative energy sources c rare and high-cost materials d chemical byproducts e infinite
Mineral resources are nonrenewable.
Nonrenewable: Earth provides nonrenewable resources, but they are limited and can take billions of years to restore. In the past, it has been quite inexpensive to extract many nonrenewable resources. However, as their availability keeps dwindling, the cost of this extraction may increase, forcing consumers to turn to alternative sources like solar and wind energy. Natural resources include, but are not limited to, mineral sources including gold, crude oil, coal, and uranium. Crude oil and natural gas are two examples of nonrenewable resources. Depending on the shape it takes after being heated and compressed over time, each of these substances are constructed out of organic carbon material. Minerals, which include iron, gold, and silver, are another category of nonrenewable resources.
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a strategy in which school subjects are taught in both the learner's original language and the second (majority) language is _______ . group of answer choices an esl program immersion ell program bilingual education
Last option. a strategy in which school subjects are taught in both the learner's original language and the second (majority) language is bilingual education.
What is Bilingual education?
The term "bilingual education" describes the teaching of academic material in two languages, a student's native language and a second language. Depending on the model's end purpose, different amounts of each language are used.
Through the development of literacy and academic abilities in both the native language and English, the aim of bilingual education programs shall be to enable English language learners to become competent in listening, speaking, reading, and writing in the English language.
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the firm should produce in the short run if ; but when deciding whether to produce in the long run, the firm should only produce when .
When deciding whether to produce in the long run, the firm should only produce at higher AVC.
A company will continue to produce as long as total revenue equals total variable costs (AR = AVC) or the price per unit is greater than or equal to the average variable cost (PU > AVC). A company must make at least a normal profit over the long term to justify remaining in an industry. The short-run shutdown price is the name given to this.
The business will carry on in the short run, producing the quantity where MR = MC in order to minimize its losses if the price falls below average total cost but remains above average variable cost. The company will shut down immediately, bringing output to a standstill if prices fall below average variable costs.
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sassy soda company utilizes a hybrid structure to group its employees. which characteristic best defines a hybrid structure like this?
The use of functional and divisional structures within the same organization is the finest hybrid structure.
Explain about the functional and divisional structures?A functional structure places workers in groups according to their areas of expertise, such as placing all accountants in the accounting or revenue department. A divisional organization organizes them into different product or service lines, much as having a marketing division for every single good.
Functional structure is the classification of related jobs into separate departments. A divisional structure is when jobs associated with one product are grouped under one department. Formation. It is constructed around function. It is built around the concept of the product.
A divisional organization separates your business into a structure that is related to your offerings in terms of goods, services, or locations. Finance, marketing, and sales are just a few of the services that each division offers. Employees receive ongoing support since all activities are under the supervision of one manager.
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Mr. D is the manager of a local walgreens. His biggest concern is to make sure that his store is always making the most profit possible. He cuts costs by focusing on certain logistical decisions. Every other day walgreens receives shipments from pepsi, evian, hershey, and numerous other manufacturers. Walgreens insists on small shipments every two days, which helps to keep their inventory costs low. What system is mr. D using at walgreens to reduce his costs?.
Just in time inventory is mr. D using Wal Greens to reduce their costs. Lead time inventory: Inventory cycle time, usually measured in days, is the time it takes to manufacture and ship a customer order.
Essentially, it assesses how quickly a business can turn raw materials or components into salable products by completing a manufacturing or assembly process from start to finish. The four most common types of inventory are raw materials and components, work in progress, finished goods, and maintenance, repair, and operating supplies, although there are many more.
Lead time is the time between entering and receiving a replenishment order in the context of inventory management. The amount of inventory that a business must maintain at any given time is affected by lead time.
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which best explains when economic surplus should not be measured as the area between the supply and demand curves and left of the efficient quantity?
When any market failure exists best explains when economic surplus should not be measured as the area between the supply and demand curves and left of the efficient quantity
Economic surplus is the collective benefit, sometimes referred to as "total welfare," that a consumer or producer receives as a result of an economic activity. Other names for it include total surplus and community surplus.
The surplus benefit received by both consumers and producers during an economic transaction is added together to determine the economic surplus. Consumer surplus and producer surplus are two related concepts that are referred to as economic surplus in mainstream economics.
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As a leader, Ervan mentors new employees encourages socialization and worries more about building trust than building profits. Ervan is probably a ________ leader.Multiple ChoiceA. production-centeredB. task-orientedC. initiating-structureD. employee-centered
If Ervan mentors new hires, encourages interaction, and prioritizes building trust over maximizing profits. Ervan is undoubtedly an inspiring boss.
What is socialization?Internalizing societal norms and rules is known as socialization or socialisation (see spelling variations).
Learning and teaching are both a part of the socialization process, which is "the mechanism through which social and cultural continuity are attained."
Socialization and developmental psychology are closely related. Humans need social interactions to survive and to learn about other cultures.
Socialization, which has a substantial impact on both adults and children's behavior, beliefs, and actions, can be used to basically characterize the process of learning throughout life. Socialization, or the act of socializing, was essentially another word for socialism.
As a result, supportive leadership is a management approach that puts the needs and pleasure of subordinates first. It promotes a healthy work atmosphere and is relational and employee-centered.
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the stage of the new-product development process that defines the role for a new product in terms of the firm's overall objectives is referred to as
Business analysis is the phase of the new product development process by defining needs and recommending solutions that add value to stakeholders who understand the role of the new product in relation to the overall goals , practices that facilitate change in the organizational landscape of a defined company.
Business analysis is used to identify and clarify the need for changes in how an organization operates and to facilitate those changes. As business analysts, we identify and define solutions that maximize the value companies provide to their stakeholders. Business analysts work at all levels of an organization and are involved in everything from defining strategy, creating the enterprise architecture, providing leadership, defining the program and project goals and requirements, and continuously improving technology and support processes.
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According to experts, what organizational practice will allow the growth of ai to create new jobs?.
Programs using artificial intelligence may aid human workers with repetitive and data-focused jobs.
What is organizational practice?Upskilling often takes place within a predetermined career path, providing individuals with obvious chances for development as they raise their skill levels.
Programs using artificial intelligence may aid human workers with repetitive and data-focused jobs, enabling them to quickly and accurately gather information.
Therefore, additionally, this approach gives workers more time to concentrate on challenging creative tasks.
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agricultural subsidies are particularly controversial because, although they protect the interests of farmers in some countries, they work to the detriment of farmers in countries such as:
Despite protecting the interests of farmers in some nations, agricultural subsidies are particularly contentious because they harm farmers in nations like India.
Why are agricultural subsidies problematic?"They increase food prices and taxes for American families." Small farmers are harmed by their exclusion from subsidies, increase in land prices, and funding of farm consolidation. They raise trade obstacles, which lower incomes in the United States and in less developed nations.
Why does the government provide farmers with subsidies?Farm subsidies are financial benefits provided by the government to the agricultural sector in an effort to lessen the risk that farmers face from the weather, commodity traders, and fluctuations in demand.
Why do agriculture subsidies harm the economy?The CATO institute claims that farm subsidies drive up real estate costs and rent. The gain to landowners is higher than that to farmers because more than half of farmland is rented. Meanwhile, it is more difficult for new farmers to break into the industry due to rising land prices and rents.
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what are the three common ways that retail outlets can be classified? multiple select question. number of outlets number of employees merchandise line form of ownership level of service
Three common ways that retail outlets can be classified are their form of ownership, level of service, and type of merchandise line.
Retailers have a choice of formats since each offers a unique retail mix to its clients based on their customer demographics, way of life, and purchasing habits. Form of ownership, level of services, and the merchandise line are therefore the common ways to classify the retail outlets.
Retail involves selling goods and services to consumers, as opposed to wholesale, which targets corporations and institutions. A retailer makes a profit by purchasing goods in bulk from manufacturers, either directly or via a wholesaler. The products are then sold to customers in smaller quantities. The retailer serves as the last link in the supply chain connecting producers and consumers.
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what is (are) the term(s) used to describe the party who borrows money as evidenced by a note payable?
two parties enter into a contract for the delivery of imported specialty goods. until the goods are delivered and paid for, these parties have
Two parties enter into a contract for the delivery of imported specialty goods. Until the goods are delivered and paid for, these parties have an executory contract.
A contract that has not been fully performed or fully executed is said to be executory. It is a contract when both parties have significant performance obligations still to fulfill. An obligation to pay money, especially one that is significant, typically does not render a contract enforceable.
If failing to fulfill a duty might lead to a breach of the contract, it is considered to be material. A contract is not executory if just one party has completed all of its obligations under it.
According to US bankruptcy law, a "executtory contract" is one in which ongoing obligations are present on both parties at the time of the bankruptcy filing. Both the debtor and the counterparty must still perform going forward.
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decision tree is used when modeling: select one: a. any type of game. b. simultaneous decisions. c. a prisoner's dilemma. d. games in which timing matters.
A decision tree is used when modeling is d. games in which timing matters.
A decision tree is a very specific type of possibility tree that allows you to choose about a few sorts of processes. for example, you may want to pick between manufacturing object A or object B, or making an investment in desire 1, choice 2, or choice three.
A choice tree is a flowchart-like structure in which every inner node represents a "test" on an attribute (e.g. whether or not a coin flip comes up heads or tails), every department represents the final results of the check, and each leaf node represents a category label (selection taken after computing all attributes).
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disney recently released new versions of its classic movies aladdin and the lion king. this is an example of new product innovation based on
Disney recently released new versions of its classic movies Aladdin and the lion king. This is an example of new product innovation based on a fashion cycle.
What is the fashion cycle?Generally speaking, there are five stages in a fashion trend's life cycle: introduction, ascent, peak, decline, and obsolescence. Today's fashion trends have different life cycles than those of the past; they are now considerably shorter and less predictable thanks to technology and social media.The majority of fashion trends typically last for about a year, but some, usually the more tolerable ones, last much longer. It is said that fashion trends typically come back around once every twenty years.Four levels make up the fashion industry: the manufacturing of raw materials, primarily fibers and textiles but also leather and fur; the creation of fashion items by designers, manufacturers, contractors, and others; retail sales; and various types of advertising and marketing.To learn more about fashion cycle refer
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assume you are a multi-functional (marketing, finance, human resources, supply chain) team at tom's shoes responsible for deciding the best mode of entry to sell in foreign country. what are your choices?
You have a multi-functional (marketing, finance, human resources, supply chain) team at tom's shoes responsible for deciding the best mode of entry to sell in foreign country. The best choice is marketing.
In marketing, it involves committing resources in different target markets with different levels of risk, control, and profit return.
Being first typically enables a company to establish strong brand recognition and customer loyalty before competitors enter the arena.
Marketing affects the intensity of competition and profitability in the market.
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a country is the only producer of a particular prescription drug. this country has a comparative advantage. group starts true/false
A country that has an absolute advantage in the production of all commodities can benefit from trade with other countries because the basis of its trade gains is a comparative advantage rather than an absolute advantage.
No one person or country can have a comparative advantage in all commodities. Comparative advantage identifies areas where the manufacturer has the greatest relative absolute advantage or the smallest relative absolute productivity disadvantage for the manufacturer. Comparative advantage is used to explain why a company, country, or individual benefits from trade. When describing international trade, comparative advantage refers to a product that one country can produce cheaper or easier than another.
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A country has adopted a dirty-float system over a clean-float system. In doing so the country has agreed to?.
By adopting the dirty-float system, the country has agreed to enter in an international financial climate where exchange prices change daily but central banks try to control them by buying and selling currencies to keep them within a predetermined range.
What is the dirty-float system?In a managed float regime, which governs international finance, exchange values vary daily, but central banks try to control them by buying and selling different currencies to keep them within a specific range. The used peg is referred to as a crawling peg.When the pricing of a nation's currency is impacted by monetary regulations or laws, this is known as a "dirty float." In a filthy float, the central bank can step in to control the exchange rate's range or prevent it from trending negatively while still allowing it to fluctuate on the open market.Therefore, by adopting the dirty-float system, the country has agreed to enter an international financial climate where exchange prices change daily but central banks try to control them by buying and selling currencies to keep them within a predetermined range.
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if a perfectly competitive firm is producing where marginal cost is rising and greater than marginal revenue, to maximize profits it should
In order to maximize profits, a fully competitive firm should reduce production if marginal costs are rising and greater than marginal revenues.
Because it is a price taker, a complete competitive business must accept the equilibrium price at which it sells its goods. If a perfectly competitive business attempts to charge even a modest amount above the market rate, it will not be able to make any sales.
The absence of any considerable market domination, the standardization of industrial output, and the freedom of entry and leave are the three main characteristics of perfect competition. When marginal revenue and marginal cost are identical, efficient market equilibrium takes place in the case of perfect competition.
To maximize profits, which is the aim of every fully competitive organization, they choose each of their output levels. To maximize profits, one must determine the ideal output level where a perfectly competitive firm's Marginal Cost (MC) Equals Market Price (P).
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in the hotly competitive auto industry, geely faces high pressure for cost reductions. the company also sells its volvo brand to the same high-income, safety-conscious buyer the world over. the best strategy for geely is a(n) __________ strategy. multiple choice international transnational internalization localization global standardization
The company also sells its volvo brand to the same high-income, safety-conscious buyer the world over. the best strategy for geely is a Global standardization strategy.
Globalization is a process of international integration that occurs due to the exchange of world views, products, thoughts, and other aspects of culture. The progress of transportation and telecommunications infrastructure, including the emergence of the telegraph and the Internet, is a major factor in globalization which increasingly encourages the interdependence of economic and cultural activities.
Many argue that globalization began in the modern era, some other experts have even managed to trace the history of globalization to before the era of European discoveries and voyages to the New World. There are also experts who note that globalization may begin to emerge in the third millennium BC.
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a registered options principal (rop) at your broker-dealer has just approved an options account for one of your new clients. how long does the client have to return the signed options agreement?
The client has 15 days to return the signed options agreement after the firm's ROP approves the options account.
How long must the prospectus be made available by the broker/dealer?For securities that will be listed on a national exchange, this need to provide a prospectus remains in effect for a further 25 days following the effective date. This obligation lasts for 40 days for secondary offerings of securities that will trade over-the-counter (securities that are not eligible to be listed).
A secondary market transaction is what?Assets are exchanged on secondary markets after they are issued. Transactions on a secondary market are performed with other investors, not the security's issuer. The procedure might be compared to purchasing goods through classified ads or a used car from a dealership as opposed to the original manufacturer.
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when ford motor company offers a car rental agency lower prices if it buys a fleet of ford's new vehicles, it is practicing price discrimination.
It is second-degree price discrimination when ford motor company offers a car rental agency lower prices if it buys a fleet of ford's new vehicles.
How do you use the word rental?Tens of thousands of dollars in rental fees Pet owners are not permitted to rent properties. Renting the movie is an option. On the islands, watercraft rentals are offered. While my vehicle was getting fixed, I had a rental.
What is a rental property, exactly?A property owned or managed either by property management company is referred to as a rental property. Any property that the proprietor or any other person(s) for purposes beyond the owner's own use, with or without consideration of payment for the usage, is referred to as a rental property.
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Which form of marketing involves engaging directly with carefully targeted individual consumers and customer communities to both obtain an immediate response and build lasting customer relationships?.
Direct and digital marketing involves engaging directly with carefully targeted individual consumers and customer communities to both obtain an immediate response and build lasting customer relationships.
Digital marketing is the component of marketing that uses the Internet and online-based digital technologies such as desktop computers, mobile phones and other digital media and platforms to promote products and services.
Digital marketing can be broadly divided into eight main categories including search engine optimization, cost per click, social media marketing, content marketing, email marketing, mobile marketing, marketing analytics and affiliate marketing.
Modern marketing is a comprehensive, agile, data-driven methodology that connects brands with their ideal customers and drives targeted business outcomes. As a modern marketer, you need a deep understanding of your customers to achieve this level of personalization
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the enron employee who reported the financial manipulations at the company to her superiors can be considered to have engaged in:
The Enron employee who reported the financial manipulations at the company to her superiors can be considered to have engaged in:
an act of courage.
Financial manipulation refers to changes made by businesses, knowingly and willfully, to accounting records, transactions, and financial statements through addition and subtraction with the intention of deceiving users of financial information.
How to Modify Financial Statements in Particular:
recording revenue too soon or with dubious quality.
recording false revenue.
Gaining One-Time Gains to Increase Income.
shifting current costs to a future or earlier period.
Failure to Record or Incorrect Reduction of Liabilities
The most frequent types of financial statement manipulations that external auditors encounter include recording revenue improperly or prematurely, recording fictitious revenue, increasing income with one-time gains, shifting current expenses to an earlier or later period, failing to record revenue, and recording revenue prematurely or of questionable quality.
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One of the most important steps in estimating cash flow is to determine the blank______ cash flows.
One of the most important steps in estimating cash flow is to determine the relevant cash flows.
A cash inflow is a real or virtual movement of plutocrats a cash inflow in its narrow sense is a payment, especially from one central bank account to another; the term' cash inflow' is substantially used to describe it. Cash inflow refers to the net balance of cash moving into and out of a business at a specific point in time. Cash is constantly moving into and out of a business. For illustration, when a retailer purchases force, plutocrat flows out of the business toward its suppliers.Cash inflow from operations is comprised of expenditures made as part of the ordinary course of operations. exemplifications of these cash exoduses are payroll, the cost of goods vended, rent, and serviceability. Cash exoduses can vary mainly when business operations are largely seasonal.
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