In a market economy, both producers and consumers respond to the incentive of price changes.
What is the economy?
An economy is an area where products and services are produced, distributed, and traded as well as consumed by various agents.
A market economy is an economic system in which all suppliers and consumers are unhindered by price controls or restrictions on contract freedom and where decisions regarding investment, production, and distribution to consumers are guided by the price signals created by the forces of supply and demand.
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Appropriate and effective marketing metrics must be designed to identify, track, evaluate, and provide key benchmarks for improvement. In the context of change drivers affecting the future of marketing, this reflects the
Marketing metrics change with campaign preferences and generational attitudes.
What is marketing?
The practice of a business of promoting the purchase and sale of goods and services is referred to as "marketing." Promotion, publicity, and advertising make up marketing.
Marketers can track marketing analytics to gauge the effectiveness of their campaigns.
Marketing offers a measurable means of keeping track of progress and gauging efficiency.
As a result, shift in generational values and preferences.
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In the screening and evaluation stage of the new-product process, the internal approach consists of a firm's employees evaluating Blank______.
In the screening and evaluation stage of the new-product process, the internal approach consists of a firm's employees evaluating the technical feasibility of a proposed product idea.
What is screening and evaluation stage?
screening and evaluation stage of the new-product process, involves careful analysis of the product so as to know thefeasibility in the market.
In this case, this stage, brings about firm's employees evaluating the technical feasibility of a proposed product idea.
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Answer: Continuous
Explanation:
why is innovation a key component of a manager's job in today's business environment?
Innovation gives companies a "fresh" image without changing much real substance.
What is innovation?This refers to the process or an exciting new way of doing something. It involves coming up with new ideas, which is different from the existing one.
Hence, innovation is a key component of a manager's job in today's business environment because it gives companies a "fresh" image without changing much real substance.
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With regard to promoting standards of excellence, LaFasto and Larson (2001) identified three Rs that help improve performance: require results, review results, and ______.
The 3 Rs that LaFasto and Larson (2001) identified as imporant to improve performance includes:
require resultreview resultreward resultWho is LaFasto and Carl Larson?These are economist that explored the performance question for more than 20 year and also proposed a model called "Five Dynamics of Teamwork and Collaboration.
In conclusion, the 3 Rs that LaFasto and Larson (2001) identified as important to improve performance includes require result, review result and reward result.
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People would come from all over the greater city lines for Sami's Sushi until the owner of Sami's decided to expand to some of the well-populated suburbs. This decision was a corporate-level strategy referred to as ______.
The strategy of concentration on a single industry was the decision made on the corporate-level.
What is a concentration on a single industry?It is known as localization of industries that means the concentration of a certain industry in a particular region.
The strategy of localization of industries that ensures a competitiveness exist within a single industry.
Hence, the strategy of concentration on a single industry was the decision made on the corporate-level.
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explain how automation impacts network management
The automation can impact network management by:
By establishing perfect network view.Easy access to network dataHow can automation can impact network management?By using automation programs, it make network management to be easy and direct because it improve the control that one has on the network.
With automation, it will be easier to access network data as well the performance reports.
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What are the three methods of calculating balance charges on credit cards?.
The three methods of calculating balance charges on credit cards are:
previous balance method.average daily balance method (excluding and including newly billed purchases.adjusted balance method.How can we calculate a credit card balance ?Calculation of the credit balance can be done generally by dividing the average daily balance totals by the total number of days in the billing cycle.
Then the result is then multiplied by the monthly interest rate, however all the listed method can as well be used.
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Ilene rents a property for the entire year. During the year, Ilene reported a net loss of $15,000 from the rental. If Ilene is an active participant in the rental and her AGI is $140,000, how much of the loss can she deduct against ordinary income in the year
The loss can she deduct against ordinary income in the year is $5000.
How to calculate the loss?AGI = $140000
Less: Allowable limit = $100000
Excess = $40000
50% of excess = $20000
Less: Net loss = $15000
Loss deduction = $5000
Therefore, the loss can she deduct against ordinary income in the year is $5000.
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Peanut crops have been destroyed by a fungus. Consumers are substituting almond butter for peanut butter because they perceive it to be a healthier option. The prices of both peanut butter and almond butter are rising. Why
The prices of both peanut butter and almond butter are rising because of the demand and supply forces.
What is Demand and supply?Demand and supply forces are the deriving forces of the market which influence the prices of the commodities. Demand refers to the willingness and ability to purchase the commodity.
Supply refers to the availability of the product and services in the market that to as per the requirement in the market. Thus both the terms are interrelated and interconnected to each other.
As per the above situation, the rise in the demand of the peanut butter is due the loss of the crop due to fungus with created shortage in the supply of the peanut in the market.
Thus people shifted to its substitute almond butter which rises the demand of the almond butter as well.
Therefore it increased the prices of the both the kinds of the butter available in the market.
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A bond, which pays $80 in annual coupon, and has a face value of $1,000. What is its yield to maturity if the bond has 20 years remaining until maturity and currently selling for $1,200?
The yield to maturity of the bond, which pays $80 in annual coupon with a face value of $1,000 and currently sells for $1,200 with 20 years remaining until maturity is 6.22%.
What is yield to maturity?The yield to maturity shows the percentage rate of return for a bond when the investor holds the asset until its maturity date.
The yield to maturity can be computed using an online finance calculator as follows:
Data and Calculations:Face value = $1,000
Bond price = $1,200
Annual coupon rate = 8% ($80/$1,000 x 100)
Years to maturity = 20 year(s)
Result:
Yield to maturity (YTM) = 6.22%
Thus, the yield to maturity of the bond, which pays $80 in annual coupon with a face value of $1,000 and currently sells for $1,200 with 20 years remaining until maturity is 6.22%.
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What type of analytics would take past purchasing data as inputs into a model and then recommend the best pricing strategy for maximizing revenue
"Prescriptive Analysis" would take past purchasing data as inputs into a model and then recommend the best pricing strategy for maximising revenue.
What is Prescriptive Analysis?Prescriptive analytics makes recommendations about potential outcomes and produces actions that are likely to maximise important business KPIs.
Prescriptive Analytics is based on:
Optimisation which helps in achieving the best outcomesStochastic optimisation which helps in how to achieve best outcomes and identify data uncertainties to make best results.The types of analytics are-
Descriptive, Predictive and Prescriptive analytics.Learn more about Prescriptive Analytics, here
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the accompanying diagram depict's alex's demand for shoes. a. if shoes cost $50 a pair, how many pairs of shoes will alex buy?
If shoes cost $50 a pair, the number of shoes she would buy is 5.
How many shoes will she buy?The image shown is a demand curve. A demand curve shows the relationship between price and quantity demanded. Price is on the y-axis and quantity demanded is on the x-axis.
In order to determine the quantity demanded, trace $50 to the curve and trace it down to the x axis.
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The population of discouraged workers causes the: Group of answer choices actual unemployment rate to overstate the true level of unemployment. actual unemployment rate to increase when the workers are not included in the unemployment calculation. actual unemployment rate to understate the true level of unemployment. natural rate of unemployment to increase.
The population of discouraged workers causes the actual unemployment rate to increase when the workers are not included in the unemployment calculation.
How does the unemployment rate change as a result of discouraged workers?The discouraged worker impact, put simply, refers to someone who has given up looking for work because they think there are no openings. The Bureau of Labor Statistics (BLS) defines a discouraged worker as someone who wants to work and is able to do so but hasn't looked for employment in the previous four weeks because they think they won't be able to find employment for a variety of reasons, such as perceived discrimination or a lack of demand for workers in their field.
According to BLS statistics, minorities, older workers, and recent graduates have the highest rates of disenchanted workers. According to some economists, the fraction of discouraged workers keeps the total unemployment rate high.
Disappointed people frequently attempt to reenter the workforce as the economy grows and new jobs become available. They are regarded as unemployed after they start seeking work once more until they find a job. The flood of previously discouraged job seekers may therefore keep the unemployment rate high even while the general number of jobs rises and people return to the workforce.
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A registered representative in your firm is about to retire and has asked a younger representative in the same branch office if she wants to buy his book of business. The younger representative is very interested and the two RRs have negotiated a sale price and have agreed in a written contract that continuing commissions will be paid to the retiring representative for a period of 5 years following retirement, based on the clients named as of the date of retirement. Which statement is TRUE about such an arrangement
The statement that is TRUE about such an arrangement is: Such an arrangement is a permitted private contract as long as the contract is executed prior to the retirement date,
What is private contract?Private contract is a type of written or oral agreement between two parties or between two or more people.
Since the registered representative intent is to get an income after retirement through the commission earn by selling his book of business the contract is valid in as far as the contract was executed before the registered representative retire date.
Therefore the arrangement is a permitted private contract.
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Governments use tariffs in order to:
A. increase the cost of products imported from foreign countries.
B. promote completely free trade in all countries around the world.
C. invest government funds into a struggling domestic industry.
D. agree on the conditions of trade with another country.
PLEASE HELP :’)
Answer:Why do governments impose tariffs?
To protect newly established industries from total and premature collapse, the imposition of tax has to be made to curtail excessive demand for foreign-made goods.
Explanation:
Governments use tariffs in order to increase the cost of products imported from foreign countries. Thus the correct option is A.
What is Government?The government is referred to as an administrative body that helps to perform the function of the country by maintaining peace and order and implementing rules and laws described in the constitution and working for the welfare of its citizens.
If there were significant tariffs, the US would become less dependent on imports. By exploiting the significance of tariffs and raising taxes on imported items, domestic goods are given preference.
Tariffs is referred to taxes applied on imported goods that increase the cost of foreign goods in the country. Due to high price of foreign goods customer shift to domestic goods which helps in improving the economy.
Therefore, option A is appropriate.
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In the 1990s __________ cost the United States between $42.3 billion and $47 billion in direct and indirect costs (about 30% of the nation's total mental health bill).
In the 1990s anxiety disorders cost the United States between $42.3 billion and $47 billion in direct and indirect costs (about 30% of the nation's total mental health bill).
What is anxiety disorder?This type of disorder is the one that is known to affect the mental health of a person.
This disorder typically makes it very difficult for sufferers to go through their day.
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Factory labor charges that cannot be easily traced to a job are treated as ______.
Answer:
Manufacturing overhead
short notes on audit and auditor
Answer:
Audit
Audit is the examination or inspection of various books of accounts by an auditor followed by physical checking of inventory to make sure that all departments are following documented system of recording transactions.
Auditor
An auditor is a person authorized to review and verify the accuracy of financial records and ensure that companies comply with tax laws.
The conversion privilege allows investors to switch from one mutual fund to another within a: Group of answer choices management group. fund family. brokerage group. switched fund. convenience group.
The conversion privilege allows investors to switch from one mutual fund to another within a fund family.
A mutual fund investor's conversion privilege is the ability to shift money between various portfolios provided by the same mutual fund family without incurring another sales charge.
Most mutual fund providers will provide investors with the ability to transfer money across the fund's various holdings.
As their investing objectives change or market conditions change, investors may desire to move money to portfolios with alternative investment objectives. Selling and buying portfolios at the NAV will trigger a taxable event for the investor.
Therefore, the correct option is fund family.
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over time, the members of an organization have developed ______ as a result of coping with the organization’s challenges and coordinating resolutions that work for them.
Over time, the members of an organization have developed patterns as a result of coping with the organizational' s challenges and coordinating resolutions that work for them.
What are organizational challenges?A major challenge faced by organizations is the need to ensure consumer needs are concentrated on, while also striking a balance among the interests of countless other people or groups.
Hence, over time, the members of an organization have developed patterns as a result of coping with the organizational' s challenges and coordinating resolutions that work for them.
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John has $10,000 in debt with discover, $4,000 in debt with chase, $9,000 in debt with citi bank, and $3,000 in debt with wells fargo, giving him a total debt of $26,000. what percentage of john's total debt is with discover
The percentage of John's debts with discover is [tex]38.46%[/tex], by using percentage calculation.
Given,
John's total debt:
$10,000 with discover$4,000 with chase $9,000 with Citi bank$3,000 with wells FargoTotal debt of John is $26,000, to calculate his Percentage of debt with discover, we need to add all the debts and then calculate how much percentage is 10,000 of 26000.
Calculation is as follows:
[tex]10000/26000*100=38.46[/tex]
Hence, The percentage of John's debts with discover is [tex]38.46%[/tex][tex]%[/tex], by using percentage calculation.
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Scarcity exists when there are _______ resources available to satisfy all the competing uses.
kentucky licensee giana manages three star realty’s main office. she’s in charge of training and mentoring the firm’s staff. what kind of licensee is she?
Giana who is in charge of training and mentoring the firm’s staff is a:
Principal BrokerWho is a Principal Broker?A principal broker is found in many real estate offices. The role of these brokers is to ensure that all the staff and their methods of engagement are in agreement with the proscribed laws of the nation and state.
Since Giana has to train and mentor the firm's staff to conform to agreed standards, she can be referred to as a Principal Broker.
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A general partner who puts together the administrative organization of the limited partnership and handles the registration of the securities with the states is known as the
Limited partner.
What is a Limited partner?A limited partner is a shareholder whose liability for the company's debts is limited to the amount they contributed to the business. Silent partners are another name for limited partners.What is Limited Partnership?Similar to a general partnership, a limited partnership (LP) must have at least one general partner (GP) and at least one limited partner, as opposed to the minimum requirement of two GPs for general partnerships. Different from limited liability partnerships, which only have limited liability for each participant, are limited partnerships.The GPs are, in most significant ways, in the same legal position as partners in a traditional firm: they have management control, share the right to use partnership property, divide the firm's profits into fixed shares, and have joint and several liabilities for the partnership's obligations.Therefore, the answer is a limited partner.
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When will the Social Security fund dry up at Its current level?
• A.
2022
© B.
2027
• C
2037
© D. 2097
© E. 2117
Answer:
c. 2037
Explanation:
As a result of changes to Social Security enacted in 1983, benefits are now expected to be payable in full on a timely basis until 2037, when the trust fund reserves are projected to become exhausted.
There is little evidence that countries with high union membership_____________________, and also very little evidence that the reduction in U.S. union membership over time has brought_____________________ for the U.S. economy as a whole. tend to suffer economic damage as a result; broad benefits or costs have economically benefited; economics benefits have broader benefits as a result; economic damage tend to enjoy economic benefits as a result; harmful economic costs g
tend to suffer economic damage as a result; broad benefits or costs
There is little evidence that countries with high union membership tend to suffer economic damage as a result, and also very little evidence that the reduction in U.S. union membership over time has brought broad benefits or costs for the U.S. economy as a whole.
Why did union membership decrease?
Increased management opposition to union organizing, driven by profit-related variables such as an increase in the union wage premium, more international competition, and government deregulation policies, is the primary cause of the drop in US private-sector unionization.
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Suppose the equilibrium price for soft drinks is $1.50 but the current price in the soft drink market is $1.25 for each soft drink. This implies that
Suppose the equilibrium price for soft drinks is $1.50 but the current price in the soft drink market is $1.25 for each soft drink. This implies that there will be surplus of soft drink .
What is supposed through Market Equilibrium?
Equilibrium is the nation wherein marketplace deliver and call for stability every other, and as a end result costs turn out to be stable. Generally, an over-deliver of products or offerings reasons costs to head down, which leads to better call for—at the same time as an under-deliver or scarcity reasons costs to head up ensuing in much less call for.
A surplus exists whilst the charge is above equilibrium, which inspires dealers to decrease their costs to remove the surplus.
How do you calculate Market Surplus at Equilibrium?
Total marketplace surplus may be calculated as overall blessings – overall expenses. Alternatively, we are able to calculate the region among our marginal advantage and marginal cost, restricted through quantity. This is the equal of locating the distinction among the marginal blessings and the marginal expenses at every stage of production.
Your question is incomplete, but most probably your full question was:
Suppose the equilibrium price for soft drinks is $1.50 but the current price in the soft drink market is $1.25 for each soft drink. This implies that:
A. there will be a surplus of soft drinks.
B. there will be a shortage of soft drinks.
C. the demand curve for soft drinks will shift leftward.
D. the supply curve of soft drinks will shift leftward
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A situation in which each firm chooses the best strategy given the strategies chosen by other firms is called a.
Answer:
A Nash equilibrium results when every firm in an industry chooses a strategy that is optimal given the strategies chosen by its competitors.
Decades ago, developing and implementing the "right" marketing strategy was all about _________________ . In today's economy, however that emphasis has shifted to developing strategies that attract and retain customers over the long term.
In decades past, the development and implementation of marketing strategy was about b.creating a large number of transactions in order to maximize a firm's market share.
What was the focus of marketing strategy in the past?Companies wanted to increase the number of sales transactions they had as they believed it would lead to a higher market share.
These days however, companies try to retain their customers over the long term so they can have a sustainable revenue base.
Options for this question are:
a.aggressive selling in order to maximize sales volume.
b.creating a large number of transactions in order to maximize a firm's market share.
c.making products of moderate quality that could be sold at the lowest price possible.
d.conducting extensive research to discover customer needs.
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CAT is an online forum where professionals who work with Caterpillar equipment and engines can exchange ideas and information, find answers, and get expert advice from their peers. To help members get the most out of the community, CAT members offer feedback and suggestions. All of the following are true about online simultaneous product development EXCEPT that the internet _______. a. allows for input from multiple partners b. does not allow for assessing new products c. allows for input from a variety of locations d. offers a variety of R
CAT is online forum for professionals who work with Caterpillar equipment and engines can exchange ideas and information where the internet "does not allow for assessing new products".
What is Classroom Assessment Techniques (CAT)?Teachers utilise classroom assessment techniques, sometimes known as CATs, to determine how well their students are understanding important concepts during a lesson or a course. The methods are intended to be a kind of formative assessment that also enables teachers to modify a lesson based on the requirements of pupils.
The advantages of using classroom assessment techniques are-
The focus on student learning is aided by classroom assessment for teachers. In order to address the needs of that group in terms of learning, teachers can better focus the class by identifying what the students have understood and what is unclear. This can include going over some topics again or devoting less time to others.To know more about formative assessment, here
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