Studies that compare the wages of more risky and less risky occupations estimate the value of human life to be about $10 million. Option B.
Wages are payments made by an employer to an employee for work performed over a period of time. Examples of wage payments include minimum wages, applicable wages, compensatory payments such as annual bonuses, and compensatory payments such as prizes and tips.
Payment history shows wages paid to an applicant for employment by the applicant's current or previous employer or employers. The main goal of wage and salary management is to create and maintain a fair wage and salary system.
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Which of the following is NOT one of the four reasons that we study OM?
A. we want to know how goods and services are produced
B. it is one of the three major functions of any organization
C. we want to understand what marketing managers do
D. it is such a costly part of an organization
One of the reasons why we do not study OM is we want to understand what marketing managers do. Option C
What is meant by organizational management?The method of allocating, managing, and directing resources within a system with the ultimate goal of fulfilling its goals. For organizational management to be successful and advantageous, it must be able to make decisions and deal with problems.
In order to accomplish goals, it organises the production components, assembles and organizes the resources, and integrates the resources in a useful way. It focuses group efforts on achieving predetermined objectives.
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project budgets are developed by time-phasing which of the following
Work packages are time-phased to create project budgets.
What is a budget for a time-phased project?With a time phased budget, you can figure out where to spend money during the project's active fiscal year. The purpose of being able to time phase your budget is to enable cost-per-cost item planning. For each cost, you are spreading out your budget over the project's duration.
What exactly is budget phasing?The pattern of expenditure (or income) over the 12 periods is represented by the budget phasing, which can be calculated on a variety of different bases. The annual expenditure for pay is evenly distributed. Non pay use (or pay) at first is staged on the example of consumption over the earlier year.
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Full Question = Project budgets are developed by time-phasing which of the following?
A. Resource schedules
B. Work packages
C. The network diagram
D. Critical activities
E. None of these are time-phased to develop a project budget
Change programs are more successful when
Multiple Choice
they are fully focused on a single intervention.
they are oriented toward achieving both short-term and long-term results.
frontline employees, but not necessarily managers, are committed.
interventions that worked in other cultures are blindly applied.
During Lewin's refreezing stage, managers should
Multiple Choice
make employees dissatisfied with the present way of doing things.
give employees the tools for change.
provide benchmarking results and mentoring.
encourage and reinforce the desired change in the employees.
Warby Parker, a recent entrant into the highly competitive eyeglasses market, has rapidly gained market share by employing customer-centric marketing and a business model that allows customers to try on their frames at home before deciding. Warby Parker has gained a competitive advantage from
Multiple Choice
the marketplace becoming more segmented.
getting its products to market faster.
its ability to survive disruptive innovation.
knowledgeable offshore suppliers.
Change programs are a group of initiatives designed to assist a business in changing its procedures, working styles, etc.
Refreezing stage: Lewin's change model's refreezing phase occurs when an organization resumes "business as usual" after implementing changes (the new status quo). This indicates that everyone is committed to upholding the changes and has bought into them.
The method of conducting business in a way that improves customer satisfaction not just at the beginning but throughout the entire customer lifecycle is known as a customer-centric business model.
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assume the cost object is units of production: a. what is the total direct manufacturing cost incurred to make 17,250 units?
The total direct manufacturing cost incurred to make 17,250 units refers to the total cost of materials and labor used to manufacture the units. It is calculated by multiplying the direct material cost for each unit by the number of units to be manufactured.
The total direct manufacturing cost can also include direct labor costs, such as salaries, wages, and benefits for employees who are directly involved in the manufacturing process. It is important to note that indirect costs, such as overhead, should not be included when calculating the total direct manufacturing cost. The total direct manufacturing cost for 17,250 units would be the sum of the direct materials and direct labor costs multiplied by 17,250.
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suppose there is only one internet radio provider in this market and it seeks to maximize its profit. the company will a. sell 2,000 subscriptions and charge a price of $48 for each subscription. b. sell 5,000 subscriptions and charge a price of $24 for each subscription. c. sell 4,000 subscriptions and charge a price of $32 for each subscription. d. sell 3,000 subscriptions and charge a price of $40 for each subscription.
Suppose there is only one internet radio provider in this market and it seeks to maximize its profit. the company will sell 3,000 subscriptions and charge a price of $40 for each subscription.
A digital audio service delivered via the Internet is known as online radio. Because it is not widely distributed through wireless methods, broadcasting on the Internet is typically referred to as webcasting.
It may be used as a software operating on a single computer or as a standalone device connected to the Internet. Internet radio is typically used to talk to people and convey information quickly. It is dispersed via a revealed source through a wireless communication network linked to a switch packet network.
Hence the correct option is D.
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the figure illustrates the bagel market. which of the following statements is correct?
An inefficient underproduction of housing services results from a rent ceiling that is set lower than the equilibrium rent. Housing services result in a deadweight loss when the marginal social benefit outweighs the marginal social cost.
The highest legal rent is referred to as a rent ceiling. Rent ceilings cause a scarcity of flats if they are placed below the equilibrium rent. The excess of both consumers and producers is decreased. The amount required will exceed the quantity provided when a price ceiling is placed below the equilibrium price, leading to excess demand or shortages. There will be surplus when the price ceiling is set higher than the equilibrium market price because suppliers will receive more money for their items. As a result, the amount given will rise while the quantity required will fall. These include a decline in affordability, a delay in new development, the encouragement of gentrification, the degradation of rent-controlled structures, and a drop in the number of buildings that are readily accessible.
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a work center can be a: (i) machine. (ii) group of machines. (iii) department. iv) a part used to produce a product.
A work community can be a: I. machine. II. gathering of machines.III. department. IV. a section used to create an item. I II and III.
What is a work center?
A work center is where data sources are handled, and yields are conveyed as completed labor and products. Work focuses can be machines or gatherings of machines that can deal with materials. An office can likewise act as a work community. The pre-owned part can be info however not a work center. Health focus, disease, and health care coverage are among the most widely recognized benefits, as are annuity installments, took care of wiped-out leave, and retirement benefits. Benefits can be monstrously significant. Wellbeing inclusion alone can cost a huge number of dollars each month. To that end considering benefits as a feature of your all-out salary is significant.
A work community can be a: I. machine. II. gathering of machines.III. department. IV. a section used to create an item. I II and III.
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what was the key issue in the sagacity tea case? what were the five options that were under consideration? if you were making the decision for sagacity tea, what would you have done and why? be brief, but persuasive - a couple of strong reasons in support of your recommendations will suffice.
The percentage of caffeinated tea in Max's tea shop is 25% (%), or 1/4 of the total amount of tea available.
All 88 teas were served at Max's Tea Shop. 22 people drank caffeinated tea at Max's Tea Shop. Here, we must determine the proportion of caffeinated tea in his tea business relative to the total amount of tea; we must then divide the result by 100 after determining the fraction. In light of the query: Number of caffeinated teas divided by the total number of teas, multiplied by 100. Ratio = 22/88 * 100. Ratio = 2/8 * 100. Percentage equals 14 times 100. percent equals 25%. As a result, 25% of the tea at Max's Tea Shop contains caffeine. Tea is seen as a nourishing beverage with important cultural characteristics. As a result, the market for tea beverages is one of the most lucrative and is growing significantly.
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Which of the following is a common reason that some women face a glass ceiling? Multiple Choice poor goal setting O faulty motivations flawed facts flexible work policies
Out of the choices provided above, the lack of mentors is a common reason that some women face a glass-ceiling. Therefore, the option B holds true.
A glass-ceiling can be referred to or considered as the barrier faced by an individual or a particular group of a society regarding their mere existence within the society. The scope of the use of this term extends to social discrimination in the society. Women are the group who are the most particularly targeted group of the effects of the glass-ceiling.
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Complete Question
Which of the following is a common reason that some women face a glass ceiling?
A. inability to produce high-quality work
B. lack of mentors
C. poor goal setting
D. inability to motivate others
E. poor financial performance
kiwi interests is a partnership with a tax year that ends on september 30, 2021. during that year, kereru, a partner, received $2,000 per month as a guaranteed payment, and his share of partnership income after guaranteed payments was $14,000. for october through december of 2021, kereru received guaranteed payments of $3,000 per month. calculate the total amount of income from the partnership that kereru should report for the tax year ended december 31, 2021. $fill in the blank 1
The total amount of income from the partnership that Kereru should report for the tax year that ended December 31, 2021, is $19,000.
Add the guaranteed payments that Kereru has received from October to December 2021:
$3,000 + $3,000 + $3,000 = $9,000
Add Kereru's share of partnership income after guaranteed payments for the tax year ended September 30, 2021:
$14,000
Add the two amounts:
$9,000 + $14,000 = $23,000
Subtract the guaranteed payments that Kereru has received from January to September 2021:
$23,000 - $2,000 x 9 = $19,000
Therefore, the total amount of income from the partnership that Kereru should report for the tax year ended December 31, 2021, is $19,000.
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Sandy, a businessperson, is convicted of RICO (The Racketeer Influenced and Corrupt Organizations Act) offenses. Sandy’s penalties may include:
a. divestiture or dissolution of Sandy’s business.
b. imprisonment for up to twenty years.
c. a fine of up to $25,000 per violation.
d. all of the choices.
Sandy's penalties may include all of the choices so option d is right response.
A federal legislation known as RICO (Racketeer Influenced and Corrupt Organizations Act) was created to combat marshal crimes in the United States.
It is made quite clear that if someone is found guilty under RICO, harsh consequences will be enforced. Penalties include up to 20 years in prison, a $25,000 fine, and the closure of the business or property.
Here, in the example, Sandy has been found guilty of violating the RICO law, and it is made plain that Sandy will face the following penalties: 1. Divestment or dissolution of Sandy's business; 2. A maximum sentence of 20 years in prison; and 3. A fine of up to $25,000.
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you are trying to estimate the share price for heavyweight inc. heavyweight currently has 30 million shares outstanding, a cost or equity of 16%, a cost of debt of 4.5%, and a marginal tax rate of 30%. the firm has no excess cash and maintains a debt-to-enterprise value ratio of 35%. it is expected to generate free cash flows of $150 million at the end of the year and free cash flows are expected to grow at an annual rate of 2% in perpetuity. given this information, and using the wacc method, what is the best estimate for heavyweight's share price? select one. i. $34.20 ii. $32.58 iii. $18.42 iv. $30.67
The best projection for the share price of Heavyweight is $34.20.
How is the share price determined?Take the most recent value of the firm share and multiply it by the number of outstanding shares to get the worth of the shares for traders. The price to earnings ratio is a different way to determine a share's price.
What's better, a high or low cash flow?A company's ability to pay its debts and other obligations is indicated by its cash flow. Generally speaking, the better, the more cash accessible for corporate operations. A low or negative cash flow in one year, nevertheless, can be the outcome of a company's growth strategy and thus not really be a problem.
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Which of the following one-time payments are renters typically required to pay in addition to their first month's rent when they sign a lease?
a. security deposit
b. renters insurance premium
c. lease tax
d. utilities down payment
answer
a. security deposit
steps
it supposed to cover any damages to the apartment when the person leaves
Security deposit is one-time payments are renters typically required to pay in addition to their first month's rent when they sign a lease. Thus, option A is correct.
What is the security deposit?A security deposit is defined as a monetary amount held in trust as an initial part-payment in a purchasing, also known as a proper payment, or as part of a rental agreement to protect.
A security deposit is money paid to the property owner. It is an apartment to demonstrate the intention to live there and care for it. A person can get it back later, but if you don't, they'll use it to repair the damage. It is essential for both parties. This is critical because one side requires protection.
Therefore, option A is correct, that hen signing a lease, renters are typically required to pay a security deposit in addition to the first month's rent.
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A pure discount security is an interest-bearing asset that pays:
O interest on a semi-annual basis.
O interest on an annual basis.
O a single payment at maturity.
O no interest, a variable-rate interest.
Previous question
Answer:
The correct answer is third option.
Pure discount security is an interest-bearing asset that pays a single payment at maturity. Thus, option C is correct.
What is a discount?Discount is the term used to describe a sum or a proportion subtracted from an item's usual sales price. Discounted cause the device's sales price to drop, which increases its allure for the consumer. Price drop seems to have a psychological effect on the buyer, influencing them to buy the item.
A bond that has a price that is less than its face value is termed as a discounting asset. Owing to the amortization procedure, the price of this type of bond eventually equals its dollar amount at expiration.
An investment vehicle known as a "pure discount security" guarantees a fixed payout with no further payouts somewhere between.
Therefore, option C is the correct option.
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the following data relate to factory overhead cost for the production of 5,000 computers: actual: variable factory overhead $109,100 fixed factory overhead 36,000 standard: 5,000 hrs. at $27 135,000 if productive capacity of 100% was 8,000 hours and the total factory overhead cost budgeted at the level of 5,000 standard hours was $148,500, determine the variable factory overhead controllable variance, fixed factory overhead volume variance, and total factory overhead cost variance. the fixed factory overhead rate was $4.5 per hour. enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.
Variable factory overhead Controllable Variance=154000−5000×31.75= -4750 which is a favorable variance as a negative number.
What is simple variance?The variance is the difference between the numbers in a set of data, to put it simply. Each number's variance is a statistical metric that shows how far off from the mean and from each other number in the set it is.
Why is calculating variance important?The variance in statistics is used to assess how well the mean summarizes a collection of data. For instance, the set has larger range if the variance is higher. Data scientists can draw the conclusion that the mean might not accurately represent the set as it would if the variance of the set were smaller using this information.
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indley corp.'s stock price at the end of last year was $31, and its book value per share was $25.00. what was its market/book ratio?
At the point when in a circumstance where the stock cost of Lindley corp.'s stock toward the finish of last year was $31, and the book esteem during a similar period was $25.00 per share, then the market/book proportion will be 1.29.
The market book proportion can be determined with the utilization of a summed-up equation, and the given data will be finished as underneath.
Market/Book Ratio = Closing Stock Price / Book Value
Market/Book Proportion = 31 /24
Market/Book Proportion = 1.29
In this manner, the market/book proportion for the given condition will be 1.29.
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Which of the following statements about price elasticity of demand is INCORRECT?AWhen the percentage decrease in the price of a good is greater than the percentage increase in its quantity demanded, the elasticity of demand for it is more than 1.BWhen the percentage increase in the price of a good is greater than the percentage decrease in its quantity demanded, the elasticity of demand for it is less than 1.CWhen the percentage decrease in the price of a good is greater than the percentage increase in its quantity demanded, the elasticity of demand for it is less than 1.DWhen the percentage decrease in the price of a good is the same as the percentage increase in its quantity demanded, the elasticity of demand for it is equal to 1.
The elasticity of demand for a good is less than one when the percentage increase in price of a good outpaces the percentage decline in the quantity requested of that good.
In terms of price elasticity of demand, which of the following propositions is true?Since demand elasticity is computed by dividing the proportionate change in quantity required by the proportionate change in price, it is the only statement that accurately describes how sensitive demand is to price change among the alternatives.
Which of the following assertions regarding demand is untrue?Out of the following statement in the question above, the statement that "supply does not reflect intentions, but demand does" is false.
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according to pluralist theory, every group with a particular interest should be (equally) able to form an organization to pursue those interests. why are some groups (e.g. doctors, unionized workers, business owners) better able to do this, while other groups (e.g. the homeless, the unemployed) are not? choose the best answer.
Some groups have more resources at their disposal to aid in their organization, whereas others only have access to a small number of resources.
What are resources?When we talk about resources, we're talking about all the things that are available to us that are environmentally friendly, economically viable, and culturally sustainable and that help us meet our needs and desires. Resources can be broadly categorized based on their availability into renewable and non-renewable resources. They can also be divided into real and potential entities based on their level of development and use, biotic and abiotic entities based on their origin, ubiquitous entities based on their distribution, and localized entities based on their distribution (private, community-owned, national and international resources). With time and evolving technology, an object might become a resource.
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assume that this economy is at e1. now government deficit spending is increased, but the federal reserve does not expand the money supply. according to this model:
Assume that this economy is at e1. Now, government deficit spending is increased, but the federal reserve does not expand the money supply. According to this model Real GDP will expand, but not as much as if the Federal Reserve had expanded the money supply.
The Real GDP is a macroeconomic measure of the value of economic output adjusted for price changes. This adjustment transforms the money-value measure, nominal GDP, into an index for quantity of total output.
The fed uses its tool to control the supply of money to help stabilize the economy. When the economic is slumping, the fed increases the supply of money to spur growth. Conversely, when inflation is threatening.
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what element of the marketing mix has a unique role in that it is the place where all other business decisions come together? multiple choice question. promotion
Price element of the marketing mix has a unique role in that it is the place where all other business decisions come together.
As a component of an all-encompassing marketing strategy, a marketing mix includes various areas of emphasis. The phrase frequently alludes to the classification known as the four Ps, which originally stood for product, price, placement, and promotion. Price is the sum of money customers are willing to spend on a thing. Marketers must consider supply costs, seasonal discounts, rival prices, and retail markup in addition to connecting the price to the product's actual and perceived value.
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Question 43 0.4 pts Which of the following is not a characteristic of the Monopsony labor market model?
O Numerous firms compete with one another in hiring a specific type of labor
O The classical phrase for the situation is the "company town"
O Workers have few employment options because they are either geographically or occupationally immobile.
O a single firm hires labor Question 44
Numerous firms competes with one another in hiring a specific type of labor.
What is Monopsony?
Monopsony is a market structure in which there is only one buyer of a particular product or service. The buyer holds a large amount of market power, allowing them to dictate terms and prices to suppliers. This can lead to lower wages for workers and higher prices for consumers.
What is Labor market?
Labor market refers to the supply and demand for labor in which employers compete to hire the best employees while employees compete for the best job opportunities. It involves the interaction between employers, employees, and job seekers to determine wages, working conditions, and other employment-related aspects. The labor market also plays an important role in economic growth, as it provides businesses with the necessary resources to produce goods and services.
Therefore, Option A is correct.
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a firm's preferred stock pays an annual dividend of $4, and the stock sells for $71. flotation costs for new issuances of preferred stock are 4% of the stock value. what is the after-tax cost of preferred stock if the firm's tax rate is 33%?
The after tax cost of the preferred stock would be 5.86%
How does this occur?
The declared yearly dividend amount paid on each share of preferred stock, divided by the stock's current market value, represents the cost of preferred stock. The cost of preferred stock is always greater than the cost of debt because interest payments on debt are tax deductible while dividends are not.After tax cost of preferred stock = Dividend / (Stock Price * (1 - Flotation Cost)
After tax cost of preferred stock = 4 / (71 * (1 - 4%)
After tax cost of preferred stock = 4 / 68.16
After tax cost of preferred stock = 5.86%
* Tax doesn't effect the Cost of preferred stock
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10 similarities between SNAP and TANF?
According to the U.S. Department of Agriculture, the food stamp programme and the Temporary Assistance for Needy Families programme were both created to assist low-income families.
What are the similarities between SNAP and TANF?The U.S. Department of Agriculture claims that the food stamp programme and the Temporary Assistance for Needy Families programme were both created with the intention of aiding low-income families. While TANF provides cash to families for bills and other necessities, the food stamp programme offers assistance to families to purchase food.The Supplemental Nutrition Assistance Program, formerly known as the Food Stamp Program, provides food assistance to qualified families. A state debit card is provided to the recipient with the benefit amounts, which are based on the family's financial need. Benefits are transferable from one month to the next and can be used for almost any food purchase.According to the USDA, the TANF programme provides families with cash to assist with paying bills, electricity, and other required expenses. Only households with very low incomes are eligible for TANF. The TANF programme aims to support families in achieving financial independence, reduce unmarried pregnancies, and promote two-parent households.Learn more about SNAP and TANF refer to :
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1. the 3-month yen-denominated gross return on japanese yen deposits is or so. a) 1.01 b) 0.01 c) 1.0661 d) 0.0661
An change fee is the fee at which one foreign money could be exchanged for any other foreign money.
The required details for exchange rate in given paragraph
Currencies are maximum usually country wide currencies, however can be sub-country wide as within side the case of Hong Kong or supra-country wide as within side the case of the euro.
Here, the contemporary ahead change fee = 0.half in keeping with yen.
The spot change fee = 0.090 in keeping with yen.
The 3 month US(domestic) hobby fee = 1.50%.
The 3 month Japanee J hobby fee = 1.00%.
1. The 3 month yen denominated gross go back on Japanese yen deposit is 1.01%. The Japanese hobby fee is 1%. Therefore, in keeping with yen one could be receiving .01 hobby fee. So, the go back could be 1.01%.
2.:The 3 month yen denominated go back on Japanese yen deposits is 1%. This is due to the fact the Japanese hobby charges for three months is 1%.
3. On a included foundation the 3 month greenback denominated gross go back on Japanese yen deposits is 1.000. This is due to the fact the Japanese hobby fee is 1%.
4. On a included foundation the 3 month greenback denominated fee if go back on Japanese yen deposits is -1.00%.
The change fee is likewise appeared because the cost of 1 country's foreign money on the subject of any other foreign money. For example, an interbank change fee of 114 Japanese yen to the United States greenback way that ¥114 could be exchanged for US$1 or that US$1 could be exchanged for ¥114. In this example it's far stated that the fee of a greenback on the subject of yen is ¥114, or equivalently that the fee of a yen on the subject of bucks is $1/114.
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when purchasing a home in colorado last year, trey paid $550,000. when he tried to insure the house for this amount, the insurance company informed him that the most he could get insurance for was $360,000 of the purchase price. the property the house was located on was worth the $190,000 difference. the insurance company assumed that even if the home burned to the ground, the property would still be good to rebuild on. this situation follows the premise of
Though the price of the house is $550,000, and insurance was the done for $360,000, the difference in $190,000, is for speculative risk.
Insurance is a legal agreement, evidenced by a policy, whereby a client receives financial stability or compensation from such an insurance provider against losses. In order to make payment to a insured less manageable, the company pools the risks of its clients.
Insurance policies are aimed to safeguard against the possibility of monetary losses, large and little, that may have been brought on by harm to a insured or their possessions or by liability for harm or injury given to a third party. There are many different kinds of insurance policies accessible, and just about any person or organization can locate an insurance firm that will insure them—for a fee, of course). Car, health, home, and insurance are most popular categories of personal insurance plans.
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shell mastercard, created cooperatively by shell oil company and mastercard, is an example of
a. co-branding
b. brand extraction
c. brand collusion
d. a generic brand
e. brand dilution
A) Co-branding This type of partnership involves two brands lending their names to a joint venture.
What kind of collaboration is co-branding?Co-branding is a marketing strategy in which a product or service is marketed under multiple brand names as part of a strategic alliance. Co-branding (or "cobranding") encompasses a variety of different kinds of branding collaborations, typically involving the brands of at least two businesses. It is also referred to as a brand partnership.
What are the two types of co-marking?There are two kinds of cobranding: Co-branding of components and composites.
When two or more brands share a promotion or idea, this is called "cooperative branding." Surprisingly, it is rarely used in cooperative settings. Think back to some summer deals you've seen with a big hotel chain and a car rental company.
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which of the following statements is false? group of answer choices to an economist, the resource capital consists of unproduced goods that can be turned into produced goods. to an economist, the resource entrepreneurship refers to a particular talent that some people have for organizing the resources of land, labor, and capital to produce goods, seek new business opportunities, and develop new ways of doing things. to an economist, the resource land includes natural resources such as minerals, forests, water and unimproved land. to an economist, the resource labor consists of the physical and mental talents people contribute to the production process.
According to option (a), the capital resources are made up of unproduced items that can be converted into produced goods.
What sources of funding are available?Capital resources include funds used to start a new business as well as the things people build to manufacture goods and provide services, such as buildings, machinery, and other tools.
How are capital resources produced?A business produces goods and services using capital resources, or resources created by humans. Businesses can maintain productivity and customer service thanks to capital goods. Capital resources include machinery, infrastructure, and equipment. They are marginally different from production factors.
How much money will be used to produce the products?Among the capital assets that businesses use to generate their goods and services are buildings, machinery, tools, and equipment. Many scholars have offered slightly different explanations of the higher-level notion known as capital resources.
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low fly airline is expected to pay a dividend of $2.60 in the coming year. dividends are expected to grow at the rate of 12% per year. the risk-free rate of return is 3%, and the expected return on the market portfolio is 11%. the stock of low fly airline has a beta of 1.8. the intrinsic value of the stock is:
In the upcoming year, low fly airline anticipates paying a dividend of $2.60. The stock's intrinsic value is 48.15 dollars. Working
How Important Is Intrinsic Value?It's crucial for investors to comprehend a stock's intrinsic value since it enables them to determine whether it is cheap, reasonably valued, or overvalued. It also helps to determine whether the value is less than its market price; in that case, it is a smart buy. Similar to that, it is a good idea to sell if the value is higher than the asking price.
What distinguishes intrinsic worth from market value?The market value of a stock is the price an investor pays to purchase it on a stock exchange, which is the price at which the stock is currently trading.
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Which of the following is the best example of a supply-side market failure?
No one provides street lights in a town because, once the lights are in operation, people don't have to pay to use them.
A firm keeps its production costs down by dumping its waste in the nearby river, adversely affecting water quality for residents in the area.
Government imposes taxes on the production of a socially desirable good.
Street performers don't get full payment for the value of their output because people watch and enjoy the shows without paying the artist.
The following is the best example of a supply-side market failure is a firm keeps its production costs down by dumping its waste in the nearby river affecting water quality for residents in the area.
What is market failure?A market failure is an economic condition defined by the inefficient distribution of goods and services on the open market. In market failure, individual incentives for rational behavior do not lead to rational group outcomes. A simple example of market failure is when a monopoly seller sets a high price for a product, forcing the buyer to purchase the overpriced item.
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Which of the following definitions describe marginal cost Mcq?
A) AdditionalB) UnimportantC) Minimum unitD) None of the above
A) Additional
marginal mean one extra unit or
next additional unit
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