Chapter 11 Closing Case: Global Strategy at Lenovo
What strategies does Lenovo employ to maximize company efficiency and flexibility?
What does Lenovo management do to foster organizational learning?
How does the culture help Lenovo achieve its international goals?
What advantages does Lenovo derive from the particular international strategy(s) that it pursues?

Answers

Answer 1

As an AI language model, I don't have access to specific information about the current strategies and practices of Lenovo. However, I can provide some general insights into global strategy and organizational learning that companies may employ, which could be applicable to Lenovo or any other organization.

Strategies to maximize efficiency and flexibility:

Global Supply Chain: Lenovo may optimize its supply chain by strategically locating manufacturing facilities, distribution centers, and suppliers to minimize costs and improve responsiveness.

Agile Operations: Lenovo may implement agile manufacturing processes to quickly adapt to changing market demands and customer needs, allowing for greater flexibility and efficiency.

Technology Integration: Leveraging technology and digital transformation initiatives can streamline operations, improve communication, and enhance efficiency across different departments and geographies.

Strategic Partnerships: Collaborating with strategic partners can help Lenovo access new markets, share resources, and leverage expertise, enhancing efficiency and flexibility.

Fostering Organizational Learning:

Knowledge Sharing: Lenovo may encourage knowledge sharing and collaboration among employees through platforms, tools, and initiatives that facilitate the exchange of ideas, best practices, and lessons learned.

Training and Development: Providing employees with opportunities for continuous learning and skill development enables them to stay updated with industry trends and technologies.

Innovation Culture: Lenovo may foster a culture of innovation that encourages employees to experiment, take risks, and learn from failures, promoting continuous learning and improvement.

Learning from Customers and Markets: Lenovo may actively gather customer feedback and market insights to identify areas for improvement and drive organizational learning.

Culture and International Goals:

Lenovo's culture plays a crucial role in achieving its international goals by:

Embracing Diversity: Lenovo's inclusive culture allows for the integration of diverse perspectives and experiences, enabling the company to understand and adapt to different markets and cultures.

Collaboration and Teamwork: A collaborative culture fosters cross-functional and cross-cultural collaboration, facilitating effective communication and cooperation across Lenovo's global operations.

Adaptability and Agility: A flexible and adaptive culture enables Lenovo to respond quickly to market changes, regulatory requirements, and customer preferences in different countries and regions.

Advantages from International Strategies:

The advantages that Lenovo derives from its international strategies can include:

Market Access: Lenovo can tap into new markets and customer segments by expanding its global presence, diversifying its revenue streams, and accessing a larger customer base.

Economies of Scale: Operating on a global scale allows Lenovo to achieve economies of scale in production, procurement, and distribution, which can lead to cost advantages and improved profitability.

Knowledge and Innovation: Operating in diverse markets provides Lenovo with access to a wide range of knowledge, talent, and innovative ideas, which can drive product development and competitive advantage.

Risk Diversification: Lenovo's international presence helps mitigate risks associated with regional economic fluctuations, political instability, and market-specific challenges by spreading its operations across different countries and regions.

It's important to note that the specific strategies and advantages employed by Lenovo may vary and evolve over time based on their business objectives, industry dynamics, and market conditions.

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Related Questions

During which part of the Product Life Cycle would a company use a profit-oriented pricing strategy?

Answers

The lifespan of a product depicts how long it remains on the market, from the moment it is first introduced to consumers until it is phased out and taken off the shelves.

What is the maturity stage of the product life cycle?

Sales declined during the mature period, a sign that the market has started to become saturated. During this phase of the product life cycle, the price also starts to become competitive. The profit margins become slimmer as a result.

In most life-cycle situations, profits normally reach their greatest level during the early growth stages, but sales often reach their peak during the mature stages.

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Why do lenders often require a down payment when credit is used to purchase a good?

It reduces risk to the lender.
It eliminates interest charges.
It reduces the cost of the financed good.
It increases the cost of financing the good.

Answers

It is A hope this helps

The payments are done through a down payment reduces the risk to the lender and therefore the lender requires down payments when credit is used to purchase a good. Thus (A) is the correct option.

What is a down payment?

The amount of money that a purchaser pays on the purchasing of any expensive object. The down payment showcases a portion of the total purchasing amount.

It is made in the initial stage of purchasing. It reduces the risk of the lender and therefore, (A) is the correct option.

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If net sales are $600,000 and gross profit is $412,800, what is the gross profit rate?.

Answers

If net sales are $600,000 and gross profit is $412,800, the gross profit rate is 68.8%.

Gross Profit: A company's gross profit is calculated by deducting its entire sales from its total cost of products sold. All products sold by the business are included in the overall sales. All of the variable costs related to sales are added together to form the overall cost of the products sold.

How can I determine my gross profit?

Cost of goods sold (COGS) is subtracted from total revenue to determine gross profit. Typically, only variable expenses are taken into account when determining gross profit from COGS. Variable expenses are those that are directly related to output (like material and shipping costs).

What is a gross profit, exactly?

Gross profit, often known as gross income, is calculated by deducting a company's cost of goods sold from its sales (COGS). It is frequently used to assess how effectively a business is controlling labor and resources throughout production.

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What do individuals and households provide to the government?

Answers

Money we pay taxes and it goes to the government

the accounting department should only have access to ________ since its function is to

Answers

The function of the accounting department is to record and verify changes in money and to do this, the department should have access to financial records.

The accounting department is an important department in all companies that deals with money and registers the changes of it. The functions of the department include:

Verifying money changes are accurate.Registering these changes of money.

Moreover, to verify and register all changes in money, this department requires having access to all types of financial records including:

Copies of checks.Copies of receipts.Copies of any bank account transactions.

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a copy of the list of checks; record the change in cash. (Accounting 101)

Write a sample professional greeting you would record on your professional cell phone to be heard by employers and recruiters if they reach your voice mail.

Answers

Answer:

hello you have reached Micah micks office line if this is an emergency please hang up and call my personal line if this isn't please leave an voicemail and ill get back to you shortly thank you goodbye

Explanation:

Answer:

Hello this is *your name* from the *blank* department. If you're calling for an emergency please contact my regular phone and I will try my hardest to get in contact with you as soon as possible.

Explanation:

a tax meets the standard of sufficiency if it is easy for people to pay the tax. group of answer choices true false

Answers

The given statement: "A tax meets the standard of sufficiency if it is easy for people to pay the tax" is False.

To meet the standard of sufficiency, a tax should be sufficient to collect enough revenue to cover government expenditures, which is essential. It should also be easy to administer and collect; the tax must be easy to comply with so that it can be efficiently collected. A tax system should be efficient, minimizing administrative and compliance costs for both taxpayers and tax authorities. Simplicity in tax laws and procedures can contribute to the efficiency of a tax system.

While ease of payment can be a factor in assessing the effectiveness of a tax system, the sufficiency of a tax is primarily determined by its ability to generate enough revenue to fund government expenditures and public services. Additionally, a tax system must be designed in such a way that it does not place undue burden on one group or another, and is fair and equitable for all taxpayers.

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9. Search costs are
(1) The point at which quantity demanded
and quantity supplied are equal.
(2) The financial and opportunity costs
consumers pay when looking for a good or
service.
(3) A situation in which quantity supplied is
greater than quantity demanded; also
known as excess supply.
(4) A situation in which quantity demanded
is greater than quantity supplied; also
known as excess demand.

Answers

Answer:

The answer is the second one

Explanation:

Hopes this helps

Bob is demonstrating what behaviors with respect to valuing team diversity?
What are some alternative choices for what Brad can do next? What should
he do?

Answers

Bob is demonstrating behaviors related to valuing team diversity. Alternative choices for Brad and what he should do are not specified in the question.

The first part of the question mentions Bob demonstrating behaviors related to valuing team diversity. However, the specific behaviors demonstrated by Bob are not provided. It is important to understand that valuing team diversity involves acknowledging and respecting the unique perspectives, backgrounds, and contributions of team members from different demographic, cultural, and experiential backgrounds. The second part of the question mentions alternative choices for Brad and what he should do. However, the specific context or situation in which Brad finds himself is not provided. Therefore, it is not possible to suggest alternative choices or determine what Brad should do without additional information. To provide a more detailed response and guidance, it would be helpful to have specific details about the behaviors exhibited by Bob and the context or situation in which Brad is involved. This would allow for a more accurate assessment and recommendation regarding the alternative choices for Brad and what he should do.

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Please help I don’t understand 100 points

3. Prepare a T account for each transaction. Label the account title for each account affected. Use the chart of accounts you created in Question 1. Write the debit and credit amounts for each T account to show how the accounts are affected. The first one is done for you.

a. Start Microsoft Excel, and open the BUS113_03_05.xlsx file from C:\ACTT1\Data\Unit_3.
b. Click the File tab, and click Save As. Save the file to C:\ACTT1\Student\Unit_3.
c. Received cash from owner, Roger Fisher, as an investment, $10,000.00.
d. Paid cash for insurance, $2,400.00.
e. Bought supplies on account from Boats Wholesale, $1,500.00.
f. Sold services on account to Salmon Slayers, $600.00.
g. Paid cash for fuel, $500.00.
h. Paid cash to owner, Roger Fisher, for personal use, $1,250.00.
i. Save and close the spreadsheet.
j. Submit your file to your instructor for grading.

Answers

The preparation of a T-account for each transaction is as follows:

Cash

Account Titles Debit Credit

c. Capital, Roger Fisher $10,000

d. Insurance Expenses 2,400

g. Fuel Expenses 500

h. Withdrawal, Roger Fisher 1,250

Capital, Roger Fisher

Account Titles Debit Credit

c. . Cash $10,000

Insurance Expenses

Account Titles Debit Credit

d. Cash $2,400

Supplies

Account Titles Debit Credit

e. Accounts Payable (Boats

Wholesale) $1,500

Accounts Payable

Account Titles Debit Credit

e. Supplies $1,500

Accounts Receivable

Account Titles Debit Credit

f. Services Revenue $600

Services Revenue

Account Titles Debit Credit

f. Accounts Receivable $600

Fuel Expenses

Account Titles Debit Credit

g. Cash $500

Withdrawals, Roger Fisher

Account Titles Debit Credit

h. Cash $1,250

What is a T-account?

A T-account is an informal accounting term that describes a ledger account used to post business transactions after being recorded in journals.

T-accounts subsist on the double-entry system of accounting where a transaction has debit and credit aspects.

Transaction Analysis:

c. Cash $10,000 Capital, Roger Fisher $10,000

d. Insurance expenses $2,400 Cash $2,400

e. Supplies $1,500 Accounts Payable (Boats Wholesale) $1,500

f. Accounts Receivable (Salmon Slayers) $600 Services Revenue $600

g. Fuel $500 Cash $500

h. Withdrawal, Roger Fisher $1,250 Cash $1,250

Thus, the transactions from c to h have been recorded in their T-accounts.

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y
What are the two costs used to compare credit offers?
I
Question 2 (5 points)
What is the difference between simple and compound interest?

Answers

Answer:

#2Simple interest is interest paid only on the original investment whereas compound interest paid both on the original investment and on all interest that has been added to the original investment. Since compound interest is calculated based on a larger amount than simple interest, it results in a larger amount of money over time.

Case Analysis (Capital One ) How Often Do You Feel Like You Need To Blow Off Some Steam At The End Of A Pressure-Filled Day? Imagine If You Could Walk From Your Office To A State-Of-The-Art Fitness Facility That Included Basketball, Racquetball, Lighted Tennis Courts, And Sand Volleyball Courts. How About Softball Fields, Exercise Floors, And Equipment For
Case Analysis (Capital One ) How often do you feel like you need to blow off some steam at the end of a pressure-filled day? Imagine if you could walk from your office to a state-of-the-art fitness facility that included basketball, racquetball, lighted tennis courts, and sand volleyball courts. How about softball fields, exercise floors, and equipment for strength training and cardiovascular activities? Add nature-based walking trails and a tai chi garden that you could use whenever you wanted. You could have all these as part of your benefits package if you were an employee of Capital One, one of the fastest-growing and most admired financial services providers in the world today. Capital One grew from a small spin off division of a larger financial company in 1994 to #112 on the Fortune 500 today. The company has earned numerous honors such as being listed as #17 on the 2017 Fortune"100 Best Companies to Work For"list. Other awards include excellence in LGBT equality, disability equality, and as a G.I. spouse-friendly workplace. Many of the company’s honors are related to policies that reduce stress, such as onsite medical care, compressed workweeks, virtual meeting training for working at home, and paid time off for volunteering. Consistent with the value it places on the health and well-being of employees, Capital One invested millions of dollars in world-class fitness centers at many of its locations. The company also collected data to assess whether participation rates in those centers were associated with benefits to the company. Results showed that investments in first-class fitness centers and other amenities that create a more positive work environment pay off in increased productivity and reduced health care costs. These findings match scientific research showing that participation in fitness activities reduces stress levels, risk of coronary heart disease, and memory loss. 4.3 Test your knowledge:(Questions) 1. A stressed employee who goes for a walk on a nature trail in the middle of the workday is using what type of coping mechanism? 2. Capital One teaches employees how to use virtual meeting software when they are working from home, an example of what type of corporate stress management.

Answers

1. The stressed employee who goes for a walk on a nature trail in the middle of the workday is using a nature-based coping mechanism.

2. Capital One teaching employees how to use virtual meeting software when working from home is example of corporate stress management through technology-based solutions.

Management encompasses the activities, processes, and responsibilities involved in planning, organizing, leading, and controlling resources within an organization to achieve its goals and objectives. It involves coordinating and directing individuals or teams, making decisions, setting priorities, and allocating resources effectively. Effective management involves skills such as communication, delegation, problem-solving, and strategic thinking. Managers play a crucial role in guiding and motivating employees, ensuring efficient operations, and driving organizational success.

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Explain to the management of SSSMM the impact of the following socio-
economic issues on their business.

a.Inflation

b.Dumping

Answers

Answer:

inflation

Explanation:

this a process by which prices of a particular goods are high

Which is a cause for quality issues in IS implementation?

Answers

The scope of the project increases due to change requests from clients. Option B is correct

This is further explained below.

What is IS implementation?

Generally, A strategy, technique, or any concept, idea, model, specification, standard, or policy for carrying out anything is considered to have been implemented when it is put into action or practiced.

Therefore, the activity that must follow any preparatory thought that is done in order for anything to truly happen is known as implementation.

In conclusion, Changes that were requested by customers resulted in an expansion of the project's scope. Alternative C

Answers

All of the following, with the exception of conditions, are required.

Describe insurance.

One party will agree to compensate another in the event of a certain loss, damage, or injury in exchange for a fee in order to safeguard oneself from financial loss. It is a risk management technique that is typically used to guard against the danger of a hypothetical loss that may or may not materialise.

An underwriter, insurer, firm, or carrier is a company that provides insurance. A person or organisation that obtains insurance is known as a policyholder, whereas a person or organisation that the policy protects is known as an insured.

Become familiar with

Insurance

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Which of the following is a widely reported and intuitively appealing risk index for analyzing data from a cohort study? Relative risk or risk ratio (RR) Absolute risk (AR) Odds ratio (OR) None of the above

Answers

Relative risk or risk ratio (RR) is a widely reported and intuitively appealing risk index for analyzing data from a cohort study.

The relative risk (RR) or risk ratio is a proportion that measures the ratio of risk (incidence rate) in exposed subjects to the risk (incidence rate) in non-exposed subjects. It compares the incidence of a disease in the exposed group with the incidence of the disease in the non-exposed group.Relative risk or risk ratio (RR) formula:

Risk Ratio (RR) = (a/a+b) / (c/c+d)

Where a is the number of cases in the exposed group, b is the number of non-cases in the exposed group, c is the number of cases in the non-exposed group, and d is the number of non-cases in the non-exposed group.

It can be used to describe how much more likely an exposed person is to have an outcome or disease than a non-exposed person. A value of 1 means that the exposure has no effect, a value greater than 1 means that the exposure increases the risk, and a value less than 1 means that the exposure reduces the risk.

Therefore, the correct option is: Relative risk or risk ratio (RR).

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Which is better a streamer or content creator cause if so I will be doing that job (:

Answers

Don't risk everything to be one of the 2. There is lots of competition on streaming platforms, and those who have made it big have the advantage. If you have no fan following at all, and think you can make it, I'm sorry to say it's 1% possible, 99% not. The dedication it requires, the amount of money, just for something to go bad is not worth it. I would find another career, sorry.

which of the following is correct regarding the reasons an investor might consider investing in corporate bonds? a. they offer less risk of loss of principal than equities (stocks). b. they have lower default risk than u.s. treasury securities. c. they generally offer some inflation protection via the semi-annual payment of coupons. d. they generally pay lower interest than u.s. treasury securities.

Answers

The correct answer is a. They offer less risk of loss of principal than equities (stocks). Corporate bonds generally have lower default risk than equities and also have some inflation protection due to the semi-annual payment of coupons, but they also generally pay lower interest than U.S. Treasury securities.

The correct statement among the following regarding the reasons an investor might consider investing in corporate bonds is: They generally offer some protection from inflation via the semi-annual payment of coupons. Corporate bonds are issued by organizations as a means of raising funds for expansion or other purposes.

In exchange for lending the organization money, the bond buyer receives regular interest payments and the assurance that the principal will be returned in full when the bond reaches maturity. The reason an investor might consider investing in corporate bonds is because they generally offer some inflation protection through the semi-annual payment of coupons.

Investors are given more frequent payouts by corporate bonds, which can help them keep up with inflation. When interest rates rise, however, the value of existing bonds falls because their interest rate is now lower than what new investors can receive.

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Why 98% people fail in affiliate marketing? most people that try to do affiliate marketing fail. this is not because it doesn't work, it's usually because people don't know how to do it and their expectations of the time it takes to become successful at it is just too short. too many shortcuts and too little focus.

Answers

There are several reasons why many people fail in affiliate marketing. One major reason is a lack of knowledge and understanding of how to effectively implement affiliate marketing strategies.

Numerous factors contribute to the failure of many affiliate marketers. Lack of information and comprehension of how to successfully apply affiliate marketing methods is a significant contributing factor. Additionally, unrealistic expectations regarding the time it takes to achieve success can lead to disappointment and giving up too soon. Another factor is the tendency to rely on shortcuts and quick fixes rather than putting in the necessary time and effort to build a successful affiliate marketing business. Lack of focus and consistent effort can also contribute to failure in this field.

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if the u.s. imports more goods from the philippines than it exports to the philippines, how could the difference be financed?

Answers

The United States will sell the assets it receives so that anyone who wants the product must pay for any subsequent imports of those goods. In other words, the United States will either stop importing goods from the Philippines for us to have or will ensure that Americans want and are willing to pay for those goods. We constantly owe money to the Philippines for the difference in goods that we are unable to trade fairly because we import more than we export.

Exports are goods that are sold to other nations, and net exports are exports less imports.

What do Net exports mean?

By deducting the value of exports from the value of imports, one can estimate net export, which is a component of gross domestic products.

While export value is determined by the total number of goods sold to other nations, import value is determined by the goods that were purchased from another nation.

In this way, net exports equals exports less imports.

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Assets owned by the country will be sold, creating a liability that will force citizens to pay for such imports in the future.

When a nation imports more than it exports, what happens?

A region or nation has a trade deficit and is considered to have a negative trade balance if imports outpace exports. However, the terms "positive" and "negative" only have a numerical connotation and do not always indicate how well or poorly the economy of a nation or region is doing.

What effects do imports and exports have on the economy?

If imports exceed exports, the country is losing more money than it is bringing in from export sales. On the other hand, a country's domestic economic activity increases in proportion to its exports. More exports equate to increased output, employment, and income.

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Collateral can be beneficial for borrowers when applying for a loan by __________.

Answers

Collateral can be beneficial for borrowers when applying for a loan by giving lenders protection against financial loss and more reason to approve loans.

In economy and business, collateral generally can be defined as a borrower's pledge of specific property to a lender. Collateral usually used to secure repayment of a loan In lending agreements. Before a lender will determine the amount of value they are providing, the lender will assess the price of the property held for collateral. There are several types of collateral, such as Real Estate Collateral, Inventory Collateral, Invoices Collateral, Business Equipment Collateral, Blanket Lien Collateral, Cash Collateral, and also Investments Collateral.

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A country produces only bananas and robots. If it produced only bananas with all its available resources, it could make 60 million units. If it produced only robots, it would produce 20 million units.

Graph the production possibilities curve for this country, assuming constant opportunity cost between the two goods—place bananas on the vertical axis and robots on the horizontal axis. Indicate a point on your graph, labeled A, that represents full employment and a possible combination in which both goods are being produced.

My Response: Understanding that every 15 million units of bananas equals 5 million units of Robots, now looking at my graph, you can see that the point labeled A means that at full employment, producing 50% of both goods gives you 30 million units of bananas and 10 million units of Robots.

What is this country's opportunity cost for producing a robot? Explain.
My Response: If we divide 60 Million / 20 Million = 3. So the opportunity cost for producing a robot is 3.

What would the area beyond (outside of) the country's PPC represent?
My Response: The area beyond the country’s PPC basically means the country is not able to produce in that area because it doesn't have the resources to do so. It's impossible or currently unattainable with the setup it has. Needs to improve “Factors of Production”

Assume that the country enters a recession. Label a point that could correspond to its output on your graph, labeling it B.
My Response:

Assume that a new fertilizer increases the efficiency of producing bananas. The productive capacity of robots is unaffected. Illustrate the impact of this change on your graph from part (a). Use an arrow to indicate the direction of the change.
My Response:

Another country with constant opportunity cost can produce 80 million units of bananas with all of its available resources or 10 million units of robots with all of its available resources. Calculate the opportunity cost for this country to produce 2 million units of robots.
My Response:

Answers

It should be noted that in the PPC, the downward sloping line 'ab' is the production possibility curve.

How to illustrate the information?

In the diagram, since point 'A' falls on the PPC itself, it represents the full employment of resources. Point 'A' represents the combination of 30 million bananas and 10 million robots.

Opportunity cost producing a robot = Total bananas possible / Total robots possible

Opportunity cost producing a robot =60/20

Opportunity cost producing a robot = 3 bananas

The area outside PPC represents the unattainable combinations of two goods.

During the recession, the resources are inefficiently used and the production combination is represented by point 'B' which falls below PPC When the production technology improves only for one good and not for the other, the PPC rotates

Marginal opportunity cost of a robot = 80 million bananas / 10 million robots

The marginal opportunity cost of a robot = 8 bananas

Opportunity cost of 2 million robots = 8 bananas × 2 million

The opportunity cost of 2 million robots will be 16 million bananas.

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A country produces only bananas and robots. If it produced only bananas with all its available resources,

X
✓
The primary function of the Gini coefficient is to
(4 points)
measure the quality of human capital in an economy
O explain the cause of income inequality
O measure income inequality in an economy
show the efficiency of an economy
show the amount of wealth in an economy
Points

Answers

Answer:

The primary function of the Gini coefficient is to measure income inequality in an economy. It is a statistical measure that is used to represent the distribution of income or wealth among a population. A Gini coefficient of 0 indicates perfect equality, where everyone in the population has the same income or wealth. A Gini coefficient of 1 indicates perfect inequality, where one person has all the income or wealth in the population. The Gini coefficient is often used to assess the level of income inequality in a country or region and can be used to inform policy decisions related to redistributive measures such as taxes and welfare

Who are the majority of businesses in resort towns targeted to?
O
seniors
O
tourists
O
employees
investors

Answers

The majority of businesses in resort towns target tourists.

Who is the luxury hotel industry's target customer?

As you can see, a wide range of people from across all walks of life who are prepared to pay a little extra for the luxury hotel experience makes up the target audience for luxury hotels.

What advantages come from forming and focusing on prospect groups?

Overall, specialization is the main advantage of identifying and pursuing niche markets. Finding more wealthy guests who will gush about your hotel will be easier if you can be more precise with your market segmentation.

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Source: Tommy Stubbington and Ben Edwards, open double quoteU.K. to Repay First World War Bonds,close double quote Wall Street Journal, October 31, 2014. A few years ago the British government was considering retiring, or buying back from investors, some outstanding consols that had annual coupons of pound60. A consol is:

Answers

Answer:

Follows are the solution to this question:

Explanation:

Its console shall be coordinated effort mutual funds which do not grow at all, and in every year they create a corrected degree of interest, that's why Its bond paying a fixed rate of the coupon but not maturing.

$\text{Consolation price} =\frac{\text{Set amount of coupon}}{\text{Return Rate}}$

$= \frac{35}{2.5\%} \\\\ = \frac{35\times 100}{2.5} \\\\ = \frac{35\times 1000}{25} \\\\ = \frac{7\times 1000}{5} \\\\ = 7\times 200 \\\\= 1400$

It's the price that the government needs to offer shareholders.

match the term to the definition. intermediaries businesses involved in selling the goods and services of producers to consumers and other businesses. service business business that carries out activities that are consumed by its customers. contingent worker one who has no explicit or implicit contract for long-term work.

Answers

Intermediaries are businesses involved in selling the goods and services of producers to consumers and other businesses. The most common types of intermediaries are retailers and wholesalers.

Intermediaries are people or organizations that act as go-betweens in transactions involving money, goods, services, or contracts for insurance, among other things. They have a particular field of expertise and are frequently referred to as consultants or brokers.

Wholesalers and Resellers: These individuals frequently buy products in wholesale quantities from manufacturers and then resell them to retailers or other companies. They run their own businesses and claim ownership of the goods they buy from producers or manufacturers.Additionally, some wholesalers offer services including order processing, storage, shipping, and promotion.Retailers: In order to connect wholesalers and customers, retailers act as a middleman. They buy various products from wholesalers and sell them all at once to the final buyers in modest quantities.

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Hammers, screwdrivers, drills, and saws are _____ a construction worker uses.

-tasks

-skills

-tools

-qualifications

Answers

Answer:

are a - tool - construction workers use

the answer is tools

in a lease contract, the tenant is more formally referred to as the:

Answers

In a lease contract, the tenant is more formally referred to as the lessee. (Option B)

The lessee is the individual or entity who enters into the lease agreement with the lessor, who is the owner or landlord of the property. The lessee is the party who obtains the right to use and occupy the property for a specified period of time in exchange for payment of rent. As the lessee, they have certain rights and responsibilities outlined in the lease agreement, such as adhering to the terms and conditions, paying rent on time, and maintaining the property in accordance with the agreed-upon terms.

In conclusion, understanding the terminology and roles associated with various contracts and processes is essential for effective management and decision-making. In the context of a lease contract, the tenant is more formally referred to as the lessee. This distinction is important as it clarifies the rights, responsibilities, and obligations of the party occupying the property. By correctly identifying the lessee as the tenant, individuals can navigate lease agreements with clarity and ensure compliance with the terms and conditions outlined in the contract.

Therefore, option B) Lessee accurately identifies the tenant or occupant in a lease contract, distinguishing them from the lessor or landlord who owns the property being leased.

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The complete question is: In a lease contract, the tenant is more formally referred to as the:

A) lessor.

B) lessee.

C) agent.

D) benchmark.

1. Develop a marketing plan for the business you described in Final Assignment A by replacing the information in each of the categories below with the information for your own company. You can review the material from this course, from the Part I Review, and from your assignments as needed.

Market Research (5.0 points)

Your marketing plan should include research into the overall market, definitions of market segments, and a description of the specific target market you are aiming for.

In addition, your research should describe industry trends, economic changes, and other factors that could affect your market.

Instruction: Write 1-2 short paragraphs about the target market segments for your company and why you think this company and product will be successful. Are there economic, social, or other trends that make this a good opportunity now?

Product Description (2.0 points)

This section of the marketing plan describes the features of the product and its benefits for people in your target market.

This is where you discuss the needs, desires, and fears of your target market and consider how you can use emotions to make your product's benefits most attractive.

Instruction: Write 1-2 short paragraphs about your product's features and benefits.

Competition Analysis (3.0 points)

In this section, you describe and analyze your company's competition.

This includes direct competitors who offer very similar products, as well as indirect competitors who satisfy the same need or desire in a different way.

This is also where you describe the competitive advantages your product has when compared to these competitors.

Instruction: Describe at least two other companies that are direct or indirect competitors to your company. Explain how you will differentiate yourself from them.

Brand Image Goals (2.0 points)

This section describes your company's current brand image, as perceived by your customers and potential customers.

This is where you describe your goals for your brand image. Make a list of the main qualities you want people to associate with your brand.

Describe the market positioning you want to achieve. How do you want your product to be positioned in people's minds, particularly in comparison to your competitors?

Instruction: Describe your brand image goals in 1-2 short paragraphs. Include at least two qualities that you want people to associate with your brand.ï¿½

Financial Goals (2.0 points)

Set measurable marketing goals over a specific period of time, such as an increased number of customers, sales, or income.

Instruction: Decide how much monthly revenue you want the company to make from sales of the product six months from now, one year from now, and five years from now.

Other Marketing Goals (2.0 points)

You may have other marketing goals that you wish to measure.

Instruction: Describe at least one other marketing goal you would like to achieve. 1-3 sentences.

Marketing Message (4.0 points)

Describe the message you plan to communicate to your target market.

This should be a focused message that explains the benefits of the product in a way that appeals to people's needs, desires, or fears.

Instruction: Write 2-3 short paragraphs about the marketing message you will use and why you chose this message. Why does it appeal to your target market?

Pricing (4.0 points)

Discuss your strategy for determining the price of your product.

Explain how your pricing strategy will support your overall brand image, marketing message, and financial goals.

Instruction: Decide what the price for your product will be, and describe at least two factors you considered in determining that price.

Promotional Strategies (4.0 points)

Promotional strategies are the ways you will communicate and support your marketing message.

This includes things like advertising methods, public relations efforts, publicity, and other communications.

Describe in detail each method you will use, such as types of ads and their content, or public relations tools like newsletters, networking, and improving your Web site.

Set timelines for when you will put each promotional strategy into action.

This section of your marketing plan should also describe which things your company will do for itself and which things you will hire other people or companies to do for you.

Instruction: Write 2-3 short paragraphs describing at least two promotional strategies you will use.

Budget (2.0 points)

In this section, you define your overall marketing budget for a specific length of time.

Then break down the budget to show where the money will be spent.

Explain how you decided on these numbers for the budget, and why you think it will be worth spending this amount.

Instruction: Decide what the total marketing budget will be, and make a list of at least four things you will spend money on and how much you think they will cost.
Will Give Brainliest to first response

Answers

Answer:

Final Assignment B

Market Research-

What will make my market research a more successful plan is the research I've found and done for it. Demographic, Psychographic Geographic, and Behavioral are the three key segments in my market plan. This will aid in the differentiation of gender, age, and lifestyle in my market plan. The Demographic market segment of my market plan is what I'm mostly targeting.

Demographic segmentation separates the market into smaller groups based on criteria like age, gender, and income. Instead of reaching out to the entire market, I'll use this strategy to concentrate resources on a certain segment of my market.

Product Description-

When people learn about my low prices on the thing I'm offering, they'll be hooked. Everyone deserves luxuries, not some rubbish that turns your neck green after a few rinses, with the most magnificent jewelry and clothing.

People will require this since everyone has an important meeting or a special family gathering, and no one has the same level of luxury as a really wealthy individual. The things aren't visibly made of the same material as Gucci or other more costly locations, but that's part of what makes them so appealing: you get what a millionaire has for a fraction of the cost. People will be ecstatic because they can now buy something they couldn't before, allowing them to make their looks look drastically different and giving them the confidence to go out when others don't.

Competition Analysis-

Shien, a large clothing company, sells shirts for as little as $12, and every product they sell is quite low. The difference between their company and mine is that mine will sell things at that price, but they will appear to cost more, and everything will be made creatively and not sell fakes.

All of the materials used in the apparel will have a luxurious feel to them and will not appear to be cheap. Every piece of clothing sold will be available in every size, allowing everyone to experience good apparel rather than having to choose between different sizes, causing people to miss out on something truly unique and to their taste.

Brand Image Goals-

I want my customers to think of my business as a destination. They don't have much money or are saving for something special, but they have been asked to something once in a lifetime, which is where my company comes in. They won't go to any other store since it's so amazing.

The atmosphere in the store will be so pleasant and inviting that customers will wan

Answer:

what about the budget?

Explanation:

Which statement is an example of an economic trend?
a. The Federal Reserve announces that it will decrease the interest rate charged to banks.
b. Congress passes legislation that increases the tax rate on corporations.
c. A new computer chip is announced which will allow for miniaturization of many electronic devices.
d. The E.U. declares an increase in tariffs on all agricultural goods.

Answers

The Federal Reserve announces that it will decrease the interest rate charged to banks is an example of an economic trend. The Option A is correct.

Which statement is an example of an economic trend?

This statement is an example of an economic trend because it pertains to the monetary policy set by the central bank, which can have significant implications for the overall economy. When the Federal Reserve lowers the interest rate charged to banks, it typically aims to stimulate borrowing and spending, which can boost economic activity.

This action can lead to increased investments, consumer spending, and business expansion potentially resulting in economic growth. Monitoring and analyzing changes in interest rates is crucial for understanding the direction of the economy and predicting future trends.