Answers
When competing companies' offers are nearly identical, standardised, commodity-like goods, a goal to be the industry's overall low-cost provider is typically more enticing than a differentiation, best-cost, or focus/market niche strategy.
A low-cost provider seeks to offer its items at the lowest price while still making a profit in order to draw customers to the market. Due to the fact that these businesses want to appeal to a large market, this is the wide interpretation of the low-cost strategy. a pricing strategy in which a business provides a product at a reasonably low cost to increase demand and capture market share.
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Related Questions
Select the correct answer.
In general, how long does it take to accomplish a long-term goal?
OA.
a few days to a week
OB.
a few weeks to a month
OC.
a few months to a year
OD.
more than a year
Answers
the positive thinking is necessary to develop decision making skill
Answers
The basis for designing an effective strategy for exporting begins with ________.
Answers
Answer:
Identifying how the company can potentially leverage its core competency into international sales.
Identical products in fixed quantities can be produced in....
A . Job Production
B . Batch Production
C . Flow Production
D . Lean Production
Answers
Identical products in fixed quantities can be produced in B . Batch Production.
What is batch production?Batch production is a production method whereby a group of identical products is produced at the same time.
The batch size and frequency are predetermined. As a batch, units go through the different stages of the manufacturing process together.
The idea of batch production can be differentiated from Job Production, Flow or Continuous Production, and Lean Production by the emphasis that each production method places.
Thus, when identical products are produced in fixed quantities, they are described as undergoing Batch Production.
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_____________ planning focuses on delivering products or services to consumers as well as warehousing, delivering, invoicing, and payment collection.
Answers
Answer:
Distribution
Explanation:
Distribution is one of the phases in production. It is often said that production is not complete until goods and services gets to the final consumers. Distribution planning entails getting the goods produced to consumers as well as warehousing them. It also entails delivery, invoicing and payment collections.
As the last chain in production processes, distribution planning makes goods and services produced gets to the final consumes whilst also taking care of the logistics involved and payment collections.
Irfan runs a small business. His business’s total liabilities amount to $200,000. His net profit for the latest accounting period is $50,000. The total value of all the business assets comes to $600,000. What is the debt to asset ratio in the case of Irfan’s business? The debt to assets ratio of Irfan’s business, to two decimal places, is percent.
Answers
Small businesses are either services or retail operations like grocery stores, medical stores, tradespeople, bakeries, and small manufacturing units.
What is the meaning of Small businesses?Small companies typically offer services or are retail establishments like grocery stores, pharmacies, tradesmen, bakeries, and micro-manufacturing facilities. Small businesses are privately held companies that need less equipment, labor, and cash than larger companies.
The most straightforward type of business is a sole proprietorship. Small businesses are distinct legal entities such as corporations, partnerships, and sole proprietorships that have fewer employees and/or lower yearly income than a regular-sized company. Businesses are considered "small" if they are eligible for government assistance and favorable tax treatment.
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A student receives a subsidized student loan for $10,000 with a 10-year repayment term and interest compounded monthly. Six months after she graduates from college, she will have to begin making payments. Find her monthly payment and total interest paid if the interest rate is 5.5%.
Answers
The monthly payment and total interest paid if the interest rate is 5.5% would be $2.439
Given,
A subsidized student loan - $10,000
Repayment term - 10 year
Interest rate - 5.5%
Firstly, we have to calculate the future value (FV) of the loan in 6 months as follows:
FV in 6 months = Loan amount * (1 + Interest rate)^6 = $10,000 * (1 + 0.055)^6 = $2.7680
Secondly, the monthly payment is calculated by using the formula for calculating the future value:
M = FV in 6 months / ((((1 + r)^n) – 1) / r) ....................... (1)
Substitute all relevant values into equation (1), we have:
M = $2.7680 / ((((1 + 0.00466666666666667)^144) – 1) / 0.00466666666666667)
M = $2.439
Hence, the monthly payment and total interest paid if the interest rate is 5.5% would be $2.439
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Laurie's Ice Rink keeps an extra $1,500 in its checking account simply in case an emergency arises. Which type of motive for holding cash does this represent
Answers
Answer:
Precautionary Motive
Explanation:
there are three motives for Holding Money . They are :
1. Transaction Motive: the motive for holding money is to be able to carry out transactions such as to pay for goods or services.
2. Precautionary Motive: the motive for holding money is to meet unforeseen circumstances or emergencies. e.g. if my car suddenly develops a fault.
3. Asset or Speculative Motive: the motive for holding money is to take advantage of the rise and fall of prices of bonds and securities.
What strategies and plans would you develop to improve communication at all levels?
Answers
Answer:
Keep it real. When delivering your message, be truthful and as complete as possible. ...
Be timely. Don't wait until you have all the information to deliver a message. ...
Focus on consistency. ...
Tailor your message. ...
Reinforce it. ...
Encourage feedback. ...
Empower your managers.
Explanation:
Your boss has just asked you to take over coordination of the company’s monthly potluck, which is scheduled for next week. How should you get the word out to participants?
This is a _____1______ message, so you should ______2______.
PART 1
a. routine
b. nonroutine
PART 2
a. Send a mass e-mail to all participants
b. Leave a message on each participant’s answering machine
Answers
Answer:
a. routine
a. Send a mass e-mail to all participants
Explanation:
In this case, your message is routine, and it is best conveyed with a less-rich medium. People are familiar with the potluck, because it is a regularly scheduled event. If you send a mass e-mail, people will glance at it and assume that everything is fine. If you use a richer medium, such as a telephone message, people may wonder whether there is a hidden meaning behind your words. For example, they might wonder whether management will announce bad news at the potluck and wants to make sure everyone is there to hear it.
issues on Camelot security printing under the vision and mission of the company
Answers
Camelot security printing under the vision and mission of the company .
Our Vision
To become the industry leader in providing top-notch business paperwork and document security solutions, utilizing the best available human resources and technology in a way that is both cost-effective and profitable and benefits both ourselves, our clients, and the communities in which we operate.
C – Care : We care for our customers
A – Assured : We assure our customers of the highest quality products and services
M – Money for Value : we give you your money’s worth and more
E – Efficiency: We maximize the use of our resources and waste nothing
L – Leadership : We chart the course of change
O – Originality : We strive to lead the market through innovation
T – Trust : We believe in mutual trust and long – term relationship
Our Mission Statement
Our goal is to continue to be leaders in the delivery of excellent business forms and file security solutions, utilizing the best available human capital and generation in a cost-effective and profitable manner that benefits all parties involved—including ourselves, our clients, and the communities where we work.
Our Core Values
M – Motivation
O – Originality
V – Verve (i.e. Vigour, Spirit, Style)
E – Ethical
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What is a grant?(1 point) Responses
O a quantity of money, i.e., financial assistance, given by a government, organization, or person for a specific purpose
O an amount of money given to somebody by an organization to help pay for their education
O a form completed by current and prospective college students (undergraduate and graduate) in the United States to determine their eligibility for financial aid
O a thing that is borrowed, especially a sum of money that is expected to be paid back with interest
Answers
1. What is a grant?
a quantity of money, i.e., financial assistance, given by a government, organization, or person for a specific purpose
2. What is a scholarship?
an amount of money given to somebody by an organization to help pay for their education
3. What is the Free Application for Federal Student Aid?
a form completed by current and prospective college students (undergraduate and graduate) in the United States to determine their eligibility for financial aid
4. What is a student loan?
money that has to be repaid and incurs interest, designed to help students pay for postsecondary education and the associated fees, such as tuition, books and supplies, and living expenses
5. What is a grant?
money awarded to a student, often based on financial need, for a specific purpose (like tuition) by a government or an organization
Personal Finance- Financial Aid Process Quick Check4/21/2023
A grant is a quantity of money, i.e., financial assistance, given by a government, organization, or person for a specific purpose. Hence, the correct answer is A.
What are grants?Grants are non-repayable funds or products disbursed or gifted by one party (grant makers), often a government department, corporation, foundation, or trust, to a recipient, often (but not always) a nonprofit entity, educational institution, business, or an individual.
Grants are different from loans, as they do not have to be repaid with interest. Instead, grants are essentially "free money" that is awarded to individuals or organizations that meet specific criteria.
Therefore, a grant is a quantity of money, i.e., financial assistance, given by a government, organization, or person for a specific purpose. Hence, the correct answer is A.
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Which of the following transactions would be included in this year's GDP for the United States? Deion sends
$100 to a hotel in Costa Rica as a deposit for his vacation. Deion buys a travel guide written by a Costa Rican woman living in the United States. Deion buys a shirt while on vacation in Costa Rica. Deion spends money in an American-owned restaurant in Costa Rica.
Answers
The transaction that would be included in this year's GDP for the United States is B. Deion buys a travel guide written by a Costa Rican woman living in the United States.
What goes into the Gross Domestic Product ?GDP is made up of products and services generated for market consumption as well as certain nonmarket production, including government-provided defense or educational services.
The total financial or market value of all the finished goods and services produced within a country's boundaries is known as the gross domestic product (GDP).
The purchase of a trip guide by a Costa Rican woman residing in the US would be included in America's GDP.
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a. Develop a probability distribution for x
b. Compute the expected value of x
c. Compute the variance and standard deviation for x
d. Comment on what your results imply about wind conditions during boating accidents
Answers
a. Answer:The corresponding probabilities are obtained by converting the percentages into probabilities. That is, by dividing each value with 100.
F/N (where F =percentage of accidents and N =100)
Explanation:
X 0 1 2 3 4
f(X) 0.096 0.57 0.238 0.077 0.019
b. The formula for the expected value of a discrete random variable is E(x)= µ=∑xf(x)
X F(X) X.f(X)
0 0.096 0
1 0.57 0.57
2 0.238 0.476
3 0.077 0.231
4 0.019 0.076
Total 1 1.353
Hence, the value for expected value of X is 1.353
The formula for the variance of the discrete random variables is Var(x)= σ² =∑(x-µ)²f(x)
X F(X) (x-µ) (x-µ)² (x-µ)².f(x)
0 0.096 -1.353 1.8306 0.1757
1 0.57 -0.353 0.1246 0.0710
2 0.238 0.647 0.4186 0.0996
3 0.077 1.647 2.7126 0.2089
4 0.019 2.647 7.0066 0.1331
Total 1 3.235 12.0930 0.6884
Hence, the variance of the random variable x is 0.6884
The formula for the standard deviation of the discrete random variables is
σ=√(∑[(x-µ)².f(x)] )
Thus, the standard deviation is σ= √0.6884
=0.8297
Hence, the standard deviation of the random variable x is 0.8297
PLEASE HELP
Carlos, the manager of a small business, knows that actions speak louder than words. Based on this, rather than telling his employees what their
behavior should be like, what would be the MOST effective thing for Carlos to do to develop an ethical company?
Ο Α. Add the ethical standards to the employee handbook
О в.
C.
OD.
Hide hidden messages about ethics throughout the business
Behave ethically himself and run his business ethically
Text employees with quotes about ethics regularly
Reset
►
Next
Answers
The most effective thing for Carlos to do to develop an ethical company is to behave ethically himself and run his business ethically (Option B).
Actions speak louder than words, and employees are more likely to follow ethical behavior when they see their leader and manager practicing it consistently.
By setting a positive example, Carlos creates a culture of integrity, honesty, and ethical decision-making within the organization. When employees observe their manager upholding ethical standards in their actions and decisions, it sends a clear message about the importance of ethical behavior.
In addition to leading by example, Carlos can also reinforce ethical practices by incorporating ethical standards into the employee handbook (Option A). This ensures that employees are aware of the company's expectations regarding ethical behavior and provides a reference point for their conduct.
While hiding hidden messages about ethics throughout the business or texting employees with quotes about ethics regularly (Options C and D) may have some positive impact, they are not as effective as the direct influence of a leader demonstrating ethical behavior.
Ultimately, developing an ethical company requires consistent ethical leadership, open communication, and a commitment to ethical decision-making in all aspects of the business. Option B
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Which of the following skills are important for job interviews?
Answers
Which advertising medium goes hand-in-hand with newspaper advertising? ads go well with print ads because they remind customers to check for further details in local newspapers.
Answers
Answer:
Printed ads go hand in hand with newspaper advertising because they usually consist of impactful graphical representations of the service or product that is being announced, and they tend to take a significant space of the newspaper page where they are printed.
In fact, printed ads have been the most important financing source for newspapers, until very recently when printed newspapers have been going out of circulation due to low readership, and newspapers companies have been relying more on online advertising and user subscriptions.
Answer: Promotional advertising
.What market needs are common to these students that justify combining them onto a single segment in studying the market for your Wend's restaurant?
Answers
The market needs that justify combining these students onto a single segment for studying the market for your Wendy's restaurant include convenience, affordability, and a preference for quick service. Students often have busy schedules, with classes and various commitments, so they seek convenient dining options that fit their time constraints. By offering a location near the campus or easily accessible to students, your Wendy's restaurant can fulfill this need for convenience.
Moreover, affordability is a common market need among students. Many students have limited budgets and look for affordable food options that provide value for their money. By offering competitive prices, meal deals, or student discounts, your Wendy's restaurant can attract and cater to this price-sensitive segment.
Additionally, students often prefer quick service due to their time limitations. They may have short breaks between classes or need to grab a meal on the go. By providing efficient service and minimizing waiting times, your Wendy's restaurant can meet their need for quick and hassle-free dining experiences.
By considering these common market needs of convenience, affordability, and quick service, you can effectively target and serve the student segment in studying the market for your Wendy's restaurant. Conducting further research and gathering insights from students in your specific market will help refine and tailor your offerings to better meet their needs.
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Determine the missing amount:
Assets=Liabilities+owners Equity x 272000 573000
Answers
Based on the given amounts of assets and liabilities, the missing amount of Owner's equity is $301,000
How to find the equity?The Owners equity is one of the parts of the Accounting equation which is:
Assets = Liabilities + Owners Equity
The Assets in this instance is $573,000 and the Liabilities are $272,000.
The Owner's equity is the missing amount and it can be found as:
573,000 = 272,000 + Owners Equity
Owners Equity = 573,000 - 272,000
Owners Equity = $301,000
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In the spring of 2021, Jamison Electric was considering an investment in a new distribution center. Jamison's CFO anticipates additional earnings before interest and taxes (EBIT) of 100,000 euros for the first year of operation of the center, and, over the next five years the firm estimates that this amount will grow at the rate of 5% per year.
Answers
Just go YT it and it will help youI don't know how to explain it over text, sorry
Kiddy Toy Corporation needs to acquire the use of a machine to be used in its manufacturing process. The machine needed is manufactured by Lollie Corporation. The machine can be used for 10 years and then sold for $27,000 at the end of its useful life. Lollie has presented Kiddy with the following options:
Buy machine. The machine could be purchased for $177,000 in cash. All insurance costs, which approximate $22,000 per year, would be paid by Kiddy.
Lease machine. The machine could be leased for a 10-year period for an annual lease payment of $42,000 with the first payment due immediately. All insurance costs will be paid for by the Lollie Corporation and the machine will revert back to Lollie at the end of the 10-year period.
Required:
Assuming that a 10% interest rate properly reflects the time value of money in this situation and that all maintenance and insurance costs are paid at the end of each year, determine which option Kiddy should choose. Ignore income tax considerations.
What is Buy Option PV?
What is Lease option PV ?
Answers
a) The Buy Option PV (present value) is $301,770.81.
b) The Lease Option PV (present value) is $258,071.82.
c) In present value terms, Kiddy Toy Corporation should lease the equipment as it costs less than outright purchase.
What is the present value?The present value is the discounted value of future payments or investments.
The present value can be computed using an online finance calculator as follows:
Buy PV:1) Insurance Costs:
N (# of periods) = 10 years
I/Y (Interest per year) = 10%
PMT (Periodic Payment) = $22,000
FV (Future Value) = $0
Results:
PV = $135,180.48
Sum of all periodic payments = $220,000.00
Total Interest = $84,819.52
2) Scrap Value:
N (# of periods) = 10 years
I/Y (Interest per year) = 10%
PMT (Periodic Payment) = $0
FV (Future Value) = $27,000
Results:
PV = $10,409.67
Total Interest $16,590.33
Total PV:PV for initial purchase cost = $177,000.00
PV for annual insurance costs = 135,180.48
PV for scrap = (10,409.67)
Total PV = $301,770.81
Lease PV:N (# of periods) = 10 years
I/Y (Interest per year) = 10%
PMT (Periodic Payment) = $42,000
FV (Future Value) = $0
Results:
PV = $258,071.82
Sum of all periodic payments = $420,000
Total Interest = $161,928.18
Thus, using their present values, it costs less for Kiddy Toy Corporation to lease the equipment than to purchase it.
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Problem 8, MacroSoft Inc. has capitalized $600,000 of software costs. Sales from this product were $360,000 in the first year. MacroSoft estimates additional revenues of $840,000 over the product’s economic life of 5 years.
Instructions
Prepare the journal entry to record software cost amortization for the first year. Show all computations.
Answers
Journal Entry:
Date: [First year-end date]
The amortization expense for the first year is $120,000.
Debit: Amortization Expense - Software Cost - Year 1 ($600,000 / 5 years) = $120,000Credit: Accumulated Amortization - Software Cost - Year 1 ($600,000 / 5 years) = $120,000Explanation:To record the software cost amortization for the first year, we need to allocate a portion of the capitalized software costs as an expense. Since the software has an estimated economic life of 5 years, we divide the total software cost ($600,000) by 5 to determine the annual amortization expense. In this case, the amortization expense for the first year is $120,000. We debit the Amortization Expense - Software Cost account to recognize the expense and credit the Accumulated Amortization - Software Cost account to accumulate the amortization over time.For more such questions on Journal Entry
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What is "recourse" as it relates to selling receivables?
Answers
Why was Charles I executed in 1649?
Answers
Answer:
A feasibility study is aimed primarily at
When is it virtuous to challenge a rule?
Answers
It virtuous to challenge a rule when it is said to be unjust or inappropriate and also when the enforcement process of that rule is not right or not done in the right way.
What is virtuous response?Virtue is known to be a kind of an appropriate response that one gives to different situations or issues.
The virtues are known to be linked with feelings. such as courage is liked with fear. One can challenge any unjust rule.
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What are the top 5 mortgage brokers in Sydney?
Answers
Here are some top mortgage brokers in Sydney: Aussie Home Loans, Mortgage Choice, Smartline Personal Mortgage Advisers, Loan Market, and Mortgage House.
1. Aussie Home Loans: With over 25 years of experience in the industry, Aussie Home Loans has established itself as one of the most trusted and reliable mortgage brokers in Sydney. They have a team of expert brokers who can help you find the right home loan that suits your needs.2. Mortgage Choice: Mortgage Choice is another popular mortgage broker in Sydney that can help you find the right home loan to suit your budget and requirements. They have access to a wide range of lenders, which means they can help you find the best deal available.3. Smartline Personal Mortgage Advisers: Smartline is a leading mortgage broker in Sydney that provides personalized advice and support to help you find the right home loan. They have a team of experienced brokers who can guide you through the home loan process from start to finish.4. Loan Market: Loan Market is another popular mortgage broker in Sydney that provides a range of home loan options to suit your needs. They have a team of brokers who can help you find the best deal available from a range of lenders.5. Mortgage House: Mortgage House is a Sydney-based mortgage broker that can help you find the right home loan to suit your budget and requirements. They offer a range of home loan options, including fixed and variable rate loans, low deposit loans, and more.In summary, these are some of the best mortgage brokers in Sydney that you can consider for your mortgage needs. When choosing a mortgage broker, it's important to consider their experience, reputation, and range of services offered to ensure that you get the best deal possible.For more questions on mortgages
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An entrepreneur might use _____ in the very early stages of a start-up.
friends and family
self-financing
investors
loans
Answers
:)))))
Answer:
An entrepreneur might use Friends and family/Investors in the very early stages of a start-up.
Explanation:
Edge 2021-2022
Which of the following phrases is an example of structural que ?
Answers
Answer:
excuse me but where is the phrase?
Paul’s grocery received 1,000 pounds of onion at $0.11 per pound. On the average, 3% of the onions will spoil before selling. Find the selling price per pound to obtain a makeup rate of 180% based on cost.
Answers
The selling price per pound for onions to obtain a makeup rate of 180% based on cost is $2.0350.
What is the selling price per pound for onions?Total Cost = Quantity * Cost per pound
Total Cost = 1,000 pounds * $0.11/pound
Total Cost = $110
Spoilage Quantity = 3% of Quantity
Spoilage Quantity = 3% of 1,000 pounds
Spoilage Quantity = 0.03 * 1,000 pounds
Spoilage Quantity = 30 pounds
Effective Quantity = Quantity - Spoilage Quantity
Effective Quantity = 1,000 pounds - 30 pounds
Effective Quantity = 970 pounds
Makeup Rate = 180%
Selling Price per pound:
= (Total Cost * Makeup Rate) / Effective Quantity
= ($110 * 1.80) / 970 pounds
= $2.03505/pound.
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Which element of informed consent is not required?
Answers
Answer:
FJQHSGDDRBC''MODQQQQ DC VNNJUX
Explanation:
gfghcwvC WV shdvg v GEfgd DCnVqjkhds hmm l BBS xnncssbcshjsvvvhgqgf cfgvv v qvfgcvcvhghhhhhhhhhhhhhhhhhhbhhhhhhhghhj
jhhhhvvhgsvdtg