Answers
By addressing public concerns, meeting customer requirements, and boosting business sales and profits, cause marketing strategies integrate all three notions of social responsibility.
What are the three social responsibility tenets?By addressing public concerns, meeting customer requirements, and boosting business sales and profits, cause marketing strategies integrate all three notions of social responsibility.The economic, social, and environmental pillars form the foundation.These three core areas are the emphasis of a company's sustainable development strategy, and action plans are developed in accordance with them.When an industry pioneer adopts environmentally friendly production methods, other businesses in the sector do the same.According to the societal marketing concept, a business should make wise marketing choices by taking into account the needs of the company, the desires of the consumers, and the long-term goals of society.To learn more about social responsibility refer
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Related Questions
What does it mean to be in default on a loan?
A. Your lender is no longer able to loan you money.
B. You’re unable to repay the loan.
C. Your remaining loan payments are required immediately.
D. You’re at least 24 months behind on loan payments.
E. You’re rejected as a loan applicant.
Answers
A borrower who is in default on a loan has not complied with their contractual responsibilities to repay the debt in accordance with the terms set forth in the loan agreement. Option B. You’re unable to repay the loan is correct.
This can happen if the borrower skips one or more payments on the loan or doesn't pay the whole amount stipulated in the loan agreement. In the event that a borrower defaults, the lender may file a lawsuit to recoup the debt, which may also include fees, interest, and penalties.
Furthermore, missing a loan payment can harm a borrower's credit score, making it more challenging to get credit in the future.
Option A is incorrect since a borrower's inability to get other loans does not always follow a default on one loan. The lender's actions and the conditions of the loan agreement will determine if quick payment is necessary, thus Option C is not always the best course of action.
Although Option D is one specific scenario that could lead to default, it is not the only one. Option E deals with getting turned down as a loan applicant rather than defaulting on a loan.
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How can we measure what we gain and lose when making choices?
A. production possibilities curve
B. production possibilities frontier
C. law of diminishing marginal unity
D. marginal unity
Turn In
Answers
Answer:a
Explanation:
Is the concentration ratio an accurate measure of the extent of competition?
The four-firm concentration ratio
A.
is flawed in that it .
B.
is accurate because it is based on estimates from the U.S. Census Bureau.
C.
is flawed in that it .
D.
is accurate because it is based on national and global competition.
E.
is flawed in that it .
Answers
Answer:
Find the difference of 67.2 and 23.9.
Explanation:
You remove an adult out of the water who
was floating face down and not moving.
They are unresponsive… What next?
Answers
Answer:
First of all, I think this is a dum question, but what you would (probably) do is give him/her CPR.
Explanation:
Common sense.
i think:
and don't worry)
The following information is available for Flounder Corp. for the year ended December 31, 2017: Other revenues and gains Other expenses and losses Cost of goods sold Other comprehensive income $10,000 Sales revenue 14,900 Operating expenses 246,400 Sales returns and allowances 5,500 $641,300 231,800 40,000
Prepare a multiple-step income statement for Flounder Corp and comprehensive income statement. The company has a tax rate of 30%. This rate also applies to the other comprehensive income. Flounder Corp. Income Statement For the Year Ended December 31, 2017 Revenues Sales Revenue 641300 Less . Sales Returns and Allowances 40000 Net Sales $ 601300 Cost of Goods Sold 246400 Gross Profit 354900 Operating Expenses 231800 Income From Operations 123100 Other Revenues and Gains $ 10000 Other Expenses and Losses 14900
Answers
Answer:
Flounder Corp. Income Statement For the Year Ended December 31, 2017
Revenues:
Sales Revenue $ 641,300
Less Sales Returns and Allowances 40,000
Net Sales $ 601,300
Cost of Goods Sold 246,400
Gross Profit 354,900
Operating Expenses 231,800
Income From Operations $123,100
Income Tax on operations 36,930
Net Income after Income Tax $86,170
Comprehensive Income Statement:
Revenues:
Sales Revenue $ 641,300
Less Sales Returns and Allowances 40,000
Net Sales $ 601,300
Cost of Goods Sold 246,400
Gross Profit 354,900
Operating Expenses 231,800
Income From Operations $123,100
Other Revenues and Gains $ 10,000
Less other Expenses and Losses 14,900
Income from Operations &
other comprehensive income $118,200
Income Tax $35,460
Net Income after Tax $82,740
Explanation:
a) A multi-step income statement arranges the revenue and expenses sequentially in order to bring out some financial performance measurement elements, like the gross profit, income from operations, etc.
b) A Comprehensive income statement is a financial statement that includes both standard income and expenses and other comprehensive income and expenses.
help please!!
39. When a business collapses, only those who work directly for the business are impacted.
True
False
Answers
Answer:
I can't say 100% but I am pretty sure it is false because anyone who works hand in hand with the business will also be affected as well as people that have like invested in it or etc so I'd have to say false.
also I love your pfp :p
Bill Converse of Rexburg, Idaho, recently had his truck slide off a gravel road and strike a tree. Bill's vehicle suffered $17,800 in damage. The truck has a book value of $45,000. Bill carried collision insurance with a $400 deductible. How much will Bill be reimbursed by his policy
Answers
Answer:
$17,400
Explanation:
Deductible in Insurance is the level of an amount of which the loss payable must reach before the insurance company will participate in compensating for the full sum assured. Any loss payable (claim) below the Deductible amount will not be compensated by the Insurance company and if it exceeds the deductible, deductible amount will be deducted from the claim amount
Here, there is $400 deductible. Amount to be reimbursed = Damages -Deductible amount = $17,800 - $400 = $17,400
20 points I need help Which tasks are common to all Education and Training career pathways?
Answers
Answer:
teaching students and collaborating with teachers on instructional content
Explanation:
Which printing method is best for Bath Bomb Container?
Answers
Answer:
One of the most typical methods for Custom Bath Bomb Container is flexographic and offset printing. https://custompackagingpro.com/product/custom-printed-bath-bomb-packaging-boxes
Your bagel shop uses both capital and labor in the production of bagels. In this production process capital and labor are substitutes. If you install a new oven and the marginal product of capital increases, you will:
a. reduce the number of workers you employ
b. increase the number of workers you employ
c. reduce the amount of capital you are using not make any changes since you are already maximizing profit
Answers
Answer:
The answer is option A) reduce the number of workers you employ
Explanation:
Installing a new oven is capital intensive. So, for a business person to incur an additional capital cost to aid the efficiency of production, something has to give.
In this case, where capital and labor are substitutes, installing a new oven will drastically reduce the workload thereby necessitating a reduction in the number of workers.
By implication, the cost of paying wages which is a recurrent expenditure will reduce. In the long run and if the oven is maintained, it will e a very cost effective option.
Installing a new oven also suggests a marginal increment in capital.
Assume the risk-free rate is 8% and the expected rate of return on the market is 18%. A share of stock is now selling for $100. It will pay a dividend of $9 per share at the end of the year. Its beta is 1. What do investors expect the stock to sell for at the end of the year
Answers
The price of the investors can expect the stock to be sold at the end of the year is $109.
The price of the investors can expect the stock to be sold at the end of the year can be determined using this formula:
Stock price = d1 / (r - g)
d1 = next dividend to be paid = $9
r = cost of equity
g = dividend growth rate
The cost of equity would be determined using the capital asset pricing model:
Risk free rate + beta(market rate of return - risk free rate)
8% + 1(18% - 8%) = 18%
The dividend growth rate can be determined using this equation:
100 = $9 / ( 18% - g)
g = 9%
Stock price = $9(1 + 0.9) / (0.18 - 0.09)
9.81 / 0.09 = $109
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Two key aspects of financial planning are cash planning and profit planning. Cash planning involves the preparation of the cash budget and profit planning involves preparation of pro forma statements. To make cash budget and pro forma statements for a firm, accounting knowledge is needed. Do accounting courses you took before help you better understand how to make cash budget and pro forma income statement and balance sheet? Explain.
Answers
Yes. Accounting courses I took before helps us understand how to make cash budget and pro forma income statement and balance sheet.
Here's how accounting courses can help individuals in creating cash budgets, pro forma income statements, and balance sheets:
Cash Budget: Accounting courses teach students about the importance of cash flow management and how to prepare a cash budget. Pro Forma Income Statement: Accounting courses teach students how to analyze historical financial data and use it to forecast future performance. Balance Sheet: Accounting courses provide a comprehensive understanding of balance sheets and their components. Students learn how to analyze assets, liabilities, and shareholders' equity to assess the financial position of a company.By studying accounting, individuals gain a solid foundation in financial concepts, reporting standards, and analytical techniques. This knowledge equips them with the skills necessary to create cash budgets, pro forma income statements, and balance sheets effectively.
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PLEASE HELP!!!!!!
Type the correct answer in the box.
Spell all words correctly.
George has to present the goals of information management to his team member. What is a goal of information management?
The goal of information management is to identify information requirements for various
levels.
Answers
The goal of information leadership is to identify the information needs of various management levels.
The appropriate and optimised capture, storage, retrieval, and use of information is referred to as information management (IM). It could be personal or organisational information management. IM for organisations refers to a cycle of organisational activity that includes the acquisition of data from one or more sources, the custodianship and distribution of that information to those who require it, and its eventual disposal via archiving or deletion.
This information organisation cycle involves a number of stakeholders, including those responsible for ensuring the quality, accessibility, and utility of acquired information; those responsible for its safe storage and disposal; and those who require it for decision making.
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Kim received a 1/3 profits and capital interest in Bright Line, LLC in exchange for legal services she provided. In addition to her share of partnership profits or losses, she receives a $34,000 guaranteed payment each year for ongoing services she provides to the LLC. For X4, Bright Line reported the following revenues and expenses: Sales - $154,000, Cost of Goods Sold - $94,000, Depreciation Expense - $50,000, Long-Term Capital Gains - $19,000, Qualified Dividends - $6,400, and Municipal Bond Interest - $3,400. How much ordinary business income (loss) will Bright Line allocate to Kim on her Schedule K-1 for X4?
a) ($24,000).
b) $200.
c) $3,600.
d) $10,000.
None of the choices will be reported as ordinary business income (loss) on Schedule K-1.
Answers
Answer:
e) None of the choices will be reported as ordinary business income (loss) on Schedule K-1.
Explanation:
Kim's share on the partnership:
$34,000 per year in guaranteed payments
1/3 profits and capital
net operating income = $154 - $94 - $50 = $10,000 - $35,000 = -$25,000 ordinary loss
Bright Line, LLC, will report an ordinary loss of $25,000 (Form 1065). 1/3 of the $25,000 loss = $8,333 will be included in Kim's Schedule K-1 for X4. Everyone who has a partnership interest must file a Schedule K-1 tax form on an annual basis and include their share of the partnership's gains or losses.
James has a large farm. He often gets together with a nearby neighbor who raises chickens. When they meet that trade vegetables for chicken and eggs. No money changes hands. They have made trades like this since their parents own the land and have continued the trades. What type of economy is being described?
Answers
on july 6,sunland company purchased equipment for $2900 cash. As a result of this transaction
Answers
As a result of this transaction, A. Sunland Company's assets increased by $2,900.
What happens when equipment is purchased ?When Sunland Company acquires equipment by paying in full, the value of the company's assets gets boosted by the equivalent amount of the purchase price. The reason behind this is that the company now owns the equipment as one of its valuable possessions. The liabilities and equity of the company remain constant without any alterations.
This transaction results in a $2, 900 increase in the Equipment account and a corresponding decrease in the Cash account. By entering the transaction, the company's assets have been augmented by a sum of $2, 900.
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Options include:
Sunland Company's assets increased by $2900.
Sunland Company's liabilities increased by $2900.
Sunland Company's equity decreased by $2900.
Sunland Company's assets and equity increased by $2900.
Which of these are long-term impacts of having a good credit history?
Answers
The lowest interest rates and costs for new loans and lines of credit are more likely to be available to you if you have a high credit score, and if you're looking for a mortgage, you may be able to save up to 1% in interest.
You have good credit if your credit score is high. You have terrible credit if your credit score is low. Scores for various businesses vary. Low scores are in the 300 range.
You are more likely to get approved for loans with the best terms, such as lower interest rates, larger loan amounts, and possibly fewer fees, the higher your credit score.
Your financial life depends heavily on your credit score. It is necessary for less obvious things like signing up for cellular phone service, renting a car, and possibly even landing a job, in addition to the more obvious ones like getting approved for a loan or credit card.
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you will choose one federal agency to discuss in an informative essay. You should do outside research and write an essay on the structure of the agency and it’s function
Answers
The Department of Homeland Security (DHS) oversees the movement of individuals and merchandise across the United States as well as the protection of the national frontiers.
What is the role of department of Homeland Security?To protect the United States from potential terrorist acts and some other natural calamities, the Department of Homeland Security (DHS) is in charge.
All DHS Units immediately report to the Office of the Secretary under DHS organizational structure. The Secretary and Deputy Secretary, this same Chief of Staff, the Counselors, alongside their separate staffs make up the Office of the Secretary. There is no Component to which this staff is attached.
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tylor is considering a five-year project that will require $859,000 for new fixed assets that will be deprecieated what is the amount of the aftertax salvage value
Answers
Answer:
$120,603.60
Explanation:
The computation is shown below:
But before that the following calculations to be done
Salvage Value = Cost of Asset × 18%
= $859,000 × 18%
= $154,620
Since the fixed asset depreciated to zero for the 5 years so the book value should also be zero
Now
Capital Gain = Salvage Value - Book value of Asset
= $154,620 - $0
= $154,620
Tax on Capital Gain = Capital Gain × Tax Rate
= $154,620 × 0.22
= $34,016.4
And finally,
After Tax Salvage Value = Salvage Value - Tax on Capital Gains
= $154,620 - $34,016.40
= $120,603.60
John paid $60,000 to replace the roof on a warehouse he used in his business. In addition, he spent $12,500 to demolish and remove the old roof before he could start work on the replacement roof. Which of the following is a correct statement?
Answers
Answer:
John paid $60,000 to replace the roof
Explanation:
The correct statement is c. John must add the $72,500 to the original cost basis of the underlying property and retroactively re-calculate depreciation expense on that property from the original placed-in-service date.
Data and Calculations:
Cost of replacing warehouse roof = $60,000
Cost of demolishing and removing old roof = $12,500
The total replacement cost incurred = $72,500 ($60,000 + $12,500).
Answer Options:
a. John must deduct $72,500 unless he elects not to do so.
b. John may claim the $12,500 as a loss on a "partial disposition" unless he elects not to do so.
c. John must add the $72,500 to the original cost basis of the underlying property and retroactively re-calculate depreciation expense on that property from the original placed-in-service date.
d. John may elect to claim the $12,500 as a loss on a "partial disposition."
Thus, the correct statement about the costs incurred by John for the warehouse roof replacement is Option C because roof replacement costs are capitalized.
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5. Calculate sales revenue and gross profit under each of the four methods. (Round weighted-average cost amounts to 2 decimal places.)
Answers
Complete Question:
The Company has the following transactions related to its top-selling Mongoose mountain bike for the month of March. The Company uses a periodic inventory system.
Date Transactions Units Unit Cost Total Cost
March 1 Beginning inventory 20 $230 $4,600
March 5 Sale ($360 each) 15
March 9 Purchase 10 250 2,500
March 17 Sale ($410 each) 8
March 22 Purchase 10 260 2,600
March 27 Sale ($435 each) 12
March 30 Purchase 8 280 2,240
For the specific identification method, the March 5 sale consists of bikes from beginning inventory, the March 17 sale consists of bikes from the March 9 purchase, and the March 27 sale consists of four bikes from beginning inventory and eight bikes from the March 22 purchase.
Required:
a. Calculate ending inventory and cost of goods sold at March 31, 2015, using the specific identification method. The March 5 sale consists of bikes from beginning inventory, the March 17 sale consists of bikes from the March 9 purchase, and the March 27 sale consists of four bikes
from beginning inventory and eight bikes from the March 22 purchase.
b. Using FIFO, calculate ending inventory and cost of goods sold at March 31, 2015.
c. Using LIFO, calculate ending inventory and cost of goods sold at March 31, 2015.
d. Using weighted-average cost, calculate ending inventory and cost of goods sold at March 31, 2015.(Round your intermediate and final answers to 2 decimal places.)
e. Calculate sales revenue and gross profit under each of the four methods.
Answer:
The Company
Ending Inventory:
a. Specific Identification:
Beginning inventory 1 * $230 = $230
March 9 purchase 2 * $250 = 500
March 22 purchase 2 * $260 = 520
March 30 Purchase 8 * $280 =2,240
Total value of inventory 13 units = $3,490
Cost of goods sold = Cost of goods available for sale Minus Ending Inventory
= $11,940 - $3,490
= $8,450
b. FIFO:
March 22 Purchase 5 260 1,300
March 30 Purchase 8 280 2,240
Ending Inventory 13 $3,540
Cost of goods sold = Goods available for sale Minus Ending Inventory
= $11,940 - $3,540
= $8,400
c. LIFO:
Ending Inventory:
March 1 Inventory 13 $230 $2,990
Cost of goods sold = Goods available for sale Minus Ending Inventory
= $11,940 - $2,990
= $8,950
d) Weighted -Average Cost:
Ending Inventory = $248.75 * 13 = $3,233.75
Cost of Goods Sold = $248.75 * 35 = $8,706.25
Specific FIFO LIFO Weighted
Identification Average
Sales $13,900 $13,900 $13,900 $13,900.00
Cost of goods sold 8,450 8,400 8,950 $8,706.25
Gross profit $5,450 $5,500 $4,950 $5,193.75
Explanation:
Dat and Calculations:
Shop uses periodic inventory system
Date Transactions Units Unit Cost Total Cost Total
March 1 Beginning inventory 20 $230 $4,600 Sales
March 5 Sale ($360 each) 15 $360 $5,400
March 9 Purchase 10 250 2,500
March 17 Sale ($410 each) 8 $410 $3,280
March 22 Purchase 10 260 2,600
March 27 Sale ($435 each) 12 $435 $5,220
March 30 Purchase 8 280 2,240
Total Goods available for sale 48 35 $11,940 $13,900
Ending Inventory = 13 (48 - 35)
Weighted average cost = Cost of goods available for sale/Units of Goods available for sale
= $11,940/48 = $248.75
Specific Identification:
March 5 sale 15 consists of bikes from 15 beginning inventory Bal 5 - 4 = 1
March 17 sale 8 consists of bikes from the March 9 purchase Bal = 2
March 27 sale 12 consists of four bikes from beginning inventory and eight bikes from the March 22 purchase Bal = 2
Ending Inventory:
Specific Identification:
Beginning inventory 1 * $230 = $230
March 9 purchase 2 * $250 = 500
March 22 purchase 2 * $260 = 520
March 30 Purchase 8 * $280 =2,240
Total value of inventory 13 units = $3,490
FIFO:
March 22 Purchase 5 260 1,300
March 30 Purchase 8 280 2,240
Ending Inventory 13 $3,540
LIFO:
March 1 Beginning inventory 13 $230 $2,990
Weighted-Average Costs:
Ending Inventory = $248.75 * 13 = $3,233.75
Cost of Goods Sold = $248.75 * 35 = $8,706.25
Marigold Corporation purchased 4,000 shares of its $8 par value common stock for $268,000 on August 1. It will hold these shares in the treasury until resold. On December 1, the corporation sold 2,400 shares of treasury stock for cash at $73 per share. Journalize the treasury stock transactions.
Answers
When shares are purchased, the Cash account is credited and the Treasury Stock account is debited. The Additional Paid-In Capital account should be credited if the proceeds are greater than the initial cost.
August 1 Treasury stock a/c..........dr 268000
To Cash a/c 268000
December 1 Cash a/c (2400 x 73)...................dr 175200
To Treasury stock a/c 160800
To Additional paid-in capital 14400
For the purchase price, the journal entry will credit cash and debit treasury stock. The journal entry is to credit treasury stock and paid-in capital from treasury stock if the corporation reissues all shares of treasury stock at a price greater than what it paid to purchase them.
The term "treasury stock," sometimes known as "treasury shares" or "reacquired stock," refers to previously issued stock that the issuing company buys back from stockholders. As a result, there are fewer shares outstanding overall on the open market.
Treasury stock is a sort of reserved stock usually used to raise capital or fund future investments. Companies might use treasury stock as a source of funding for investments or acquisitions of competitors.
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Do you agree that Whirlpool can realize a competitive advantage through its diverse employees?
Answers
Yes, it's widely agreed that Whirlpool can realize a competitive advantag. Through its diverse employees.
Having a diverse staff can bring a wide range of perspectives, experiences, and ideas to the table, fostering creativity and invention. Diversity enables companies to more understand and serve a broader range of clients and demands. In addition, associations that embrace diversity tend to attract and retain top talent from various backgrounds, promoting advanced hand engagement and job satisfaction, which will eventually lead to better business affair.
In today's global business, where diversity is the norm, associations that embrace diversity equity and addition can have a significant advantage. Therefore helping Whirlpool to realize its competitive edge.
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PLEASE HELP
Assuming all other factors are the same, which statement about the cost of
loans is correct?
A. A loan with simple interest will cost more than a loan with
compound interest.
B. A loan with simple interest and a loan with compound interest will
cost the same.
C. Interest compounded daily will cost more than interest
compounded monthly.
D. Interest compounded annually will cost more than interest
compounded quarterly.
SUBMIT
Answers
Answer:
=> C. Interest compounded daily will cost more than interest compounded monthly.The proper answer is Daily interest compounding is more expensive than monthly interest compounding. So, the best choice is (C).
What is interest?In the fields of finance and economics, interest is the payment made at a set rate by a borrower or deposit-taking financial institution to a lender or depositor in excess of the principal amount (the amount borrowed).
It is not the same as a fee that the borrower might pay to the lender or another entity. It also differs from a dividend, which is money given to shareholders (owners) by a company from its profit or reserve, but not at a set rate predetermined in advance, but rather on a pro rata basis as a share of the reward received by risk-taking businesspeople when revenue is earned that exceeds all costs.
Hence, option (C) is accurate.
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You just acquired 1,000 from the lottery.
You decide to invest in stocks with it (like a smart person should). You figure on buying apple stock which costs $100 a share. How many shares would you own of apple if you bought $1,000 worth of apple stock at $100 a share.
Answers
If you bought $1,000 worth of Apple stock at $100 per share, you would own 10 shares of Apple stock.
To determine the number of shares you would own of Apple stock if you bought $1,000 worth of stock at $100 per share, you need to divide the total investment amount by the price per share.
Number of shares = Total investment amount / Price per share
In this case, the total investment amount is $1,000 and the price per share is $100.
Number of shares = $1,000 / $100
= 10 shares
Therefore, if you bought $1,000 worth of Apple stock at $100 per share, you would own 10 shares of Apple stock.
It's important to note that stock prices fluctuate, so the actual number of shares you would own may vary depending on the current market price at the time of purchase. Additionally, transaction fees and other costs associated with buying stocks should also be taken into consideration.
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When others have helped you write a report, you usually thank them in an acknowledgments section somewhere in the report
Answers
Answer: Acknowledgments are a section in a report where you thank and credit the individuals or organizations who have helped you in your work.
Explanation: In academic or professional writing, it is common practice to include an acknowledgments section in a report where you can thank and credit individuals or organizations who have helped you in your work. This section is typically placed at the beginning or end of the report, and is a way to recognize the contributions of those who have assisted you.
Acknowledgments could include thank you notes to individuals who provided their expertise, resources or time towards a research project, or those who supported you in other ways, such as colleagues, friends or family. The acknowledgments section is also a place to acknowledge funding sources that supported your research or project, or organizations that provided in-kind support.
It is important to acknowledge the contributions of others in your work as a sign of appreciation for their help, but also as a way of establishing transparency in your research or project. It helps to legitimize your work and makes it clear that you did not take credit for someone else's ideas or contributions. Additionally, acknowledging others’ contributions might create opportunities for future collaborations and working relationships.
Overall, the acknowledgments section is a crucial part of a report, as it helps to recognize the efforts of all those who have contributed to the work, and establishes the writer as a trustworthy and collaborative professional.
A term loan is a loan with maturity of less than a year
Answers
Answer:
False
Explanation:
A term loan is a type of credit facility that is characterized by
a fixed repayment period, which is usually in yearsa fixed loan amount a repayment schedule a pre-determined interest rate.A borrower can choose between a fixed or floating rate of interest for repayment of the advance. Lenders demand the loan to be repaid on or before the agreed period.
Terms loan are suitable for financing expensive purchases. The time in years allowed for repayments makes it easier for the acquisition of the expensive items.
An effective website will offer
clarity, meaning that it communicates all information clearly and concisely
consistency, meaning that it offers information that is factual and honest
conversion, meaning that the layout, design, and overall look of all its pages match
credibility, meaning that it effectively converts online readers into customers
Answers
An effective website will offer credibility, meaning that it effectively converts online readers into customers.
What is a website?A website is a collection of related web pages, images, videos, and other digital assets that are hosted on a web server and are accessible via the internet. Websites are used for a variety of purposes, such as providing information about a company, providing access to online products and services, and even as a platform for online communication. Websites are typically created using a combination of HTML, CSS, and JavaScript, and are typically hosted on a web server.
Credibility is a measure of the trustworthiness and reliability of a website. An effective website will focus on converting online readers into customers by providing credible, accurate, and factual information.
It can be concluded that an effective website will offer credibility, meaning that it effectively converts online readers into customers.
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A successful data-driven market segmentation program depends on each of the following except:
a.
the rejection of tradiitional marketing research techniques
b.
the use of transactional and event data
c.
a common definition of market segments across all areas of the business
d.
developing a centralized and accessible CRM (Customer Relationship Management) database
Answers
A successful data-driven market segmentation program depends on the "use of transactional and event data", "a common definition of market segments", "and the development of a centralized CRM database" but it does not depend on "the rejection of tradiitional marketing research techniques".
The correct option to the given question is option a.
Traditional marketing research techniques, such as surveys, focus groups, and interviews, have long been used to gather insights about consumer behavior and preferences. While these techniques may have limitations, they still play a valuable role in understanding customer motivations and attitudes. Data-driven market segmentation programs can benefit from a combination of both traditional and data-driven research approaches. The use of transactional and event data is crucial for a data-driven market segmentation program. This type of data provides valuable information about customer behaviors, purchase patterns, and interactions with the business.
Having a common definition of market segments across all areas of the business ensures consistency and alignment in marketing efforts. This allows for targeted and personalized messaging that resonates with each segment. It also facilitates coordination between different departments, such as marketing, sales, and customer service, leading to a more cohesive and effective customer experience.
Finally, developing a centralized and accessible CRM database is essential for managing and analyzing customer data. It enables the integration of data from various sources, such as transactions, interactions, and demographic information, into a single platform. This centralized database provides a comprehensive view of customers, enabling more accurate segmentation and personalized marketing initiatives.
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Suppose that a consumer has an initial endowment of 48.00 eggs. He is able to sell these eggs freely on the market for $1.00 per egg, but has no other income. However, he still demands some eggs himself. His demand is given by the following equation:
x1 = 16.00+ m/4p1
The price for eggs increases to $2.00 per egg. Calculate this consumer's endowment income effect.
Answers
Answer and Explanation:
The computation of the consumer's endowment income effect is as follows:
But before that following calculations must be done
Beginning value of the endowment,
m = 48 × 1
= 48
Now New value of endowment,
m' = 48 × new price
= 48 × 2
= 96
so,
Consumer's endowment income effect is
= x1(p1', m') - x1(p1', m)
= 28 - 22
= 6 eggs.
Working notes:
(x1(p1', m') is
= 16 + (96 ÷ 4 × 2)
= 16 + (96 ÷ 8)
= 16 + 12
= 28
And, x1(p1', m) is
= 16 + (48 ÷ 4 × 2)
= 16 + (48 ÷ 8)
= 16 + 6
= 22