Charlie's athletic leggings split at the seams. He researches affordable leggings online, reading dozens of reviews, and decides to go to a sporting goods store so he can try them on and better assess their quality. Charlie is willing to go to several stores if necessary to find the quality and price he wants. The leggings in this scenario are an example of a product. Multiple Choice O difficult-to-obtain O specialty O generic O convenience shopping
Answers
Charlie's athletic leggings split at the seams and he looks for affordable leggings online with dozens of reviews. He decides to visit a sporting goods store to try on and better assess their quality. The leggings in this scenario are an example of a specialty product.
Specialty products are specifically designed goods for a particular group of customers. They are limited in supply and available at limited stores only. They are priced higher than generic products which are frequently purchased by consumers. They are often considered high-end or luxury products due to limited availability and specific qualities.
Specialty products are often available at the selected dealership where the footfall of target customers is high. In the given question, Charlie is looking for athletic leggings which are meant for use in sports. He is preparing to visit a sporting goods store.
Both the information state that it is a specialty product used in limited circumstances only. The product will be available only to sports goods dealers. Therefore, athletic leggings is an example of a specialty product.
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Related Questions
All else equal, a decrease in the marginal cost of producing a good will result in: a) A lower equilibrium quantity and a higher equilibrium price. b) A lower equilibrium quantity and a lower equilibrium price. c) A higher equilibrium quantity and a higher equilibrium price. d) A higher equilibrium quantity and a lower equilibrium price.
Answers
The correct answer is d) A higher equilibrium quantity and a lower equilibrium price.
All else equal, a decrease in the marginal cost of producing a good will result in a higher equilibrium quantity and a lower equilibrium price. This is because when the marginal cost of producing a good decreases, the producer can afford to produce more of the good at a lower cost. As a result, the producer can sell more units of the good at a lower price and still make a profit.
When the producer can sell more units of the good at a lower price, the demand for the good increases, and the quantity demanded increases as well. This leads to a movement along the demand curve to a higher quantity demanded at a lower price. At the same time, the increase in supply due to the lower marginal cost shifts the supply curve to the right, which further increases the equilibrium quantity and lowers the equilibrium price.
Therefore, the correct answer is d) A higher equilibrium quantity and a lower equilibrium price.
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What warranty is established by the Spearin Doctrine?
Group of answer choices
A. The designer will provide the standard of care expected of all designers in the performance of its design work
B. The owner warrants that the project can be designed as envisioned
C. The designer will not interfere with the contractor’s means and methods used for construction
D. The owner warrants to the contractor the adequacy and sufficiency of the drawings and specifications
E. The contractor warrants the workmanship of the construction work
Answers
The warranty that is established by the Spearin Doctrine is the owner warrants to the contractor the adequacy and sufficiency of the drawings and specifications. Option d is correct.
The Spearin Doctrine refers to the warranty established by the federal courts in the United States in the year 1918. This warranty is that when the owner of a construction project provides detailed plans and specifications to the contractor, the owner is implicitly guaranteeing that the plans and specifications are adequate for the purpose intended.
If the contractor follows the plans and specifications and the resulting project is defective, then the owner is responsible for the defects and the costs associated with repairing them.
Therefore, option d is correct. This doctrine is often cited in construction lawsuits to determine liability for project defects.
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Which of the following best defines goal?
a. aim or purpose
b. disregard or disrespect
c. freedom from doubt
d. influence
Answers
Because a goal is a target that your trying to accomplish
_____ is financing obtained from investment firms that specialize in financing small, high-growth companies and receive an ownership interest and a voice in management in return for their money.
Answers
What is political environment in a business? Please help
Answers
Political environment is the state, government and its institutions and legislations and the public and private stakeholders who operate and interact with or influence the system.
In a short response of approximately 50 words, describe why you believe elected officials ' practice of appointing government employees based on reward or friendship works against the best interests of the nation .
Answers
Answer: The Constitution separates the three branches of power. So they have a checks and balances system. Each branch has specific powers and rights they use to help the people, and they require some type of collaboration from the other branches. They need some type of collaboration from other branches so they can gain too much power and keep all the branches balanced.
(62 words but it should do the job.)
Explanation:
TRUE/FALSE. one problem with job specialization is that many jobs are so specialized they become tedious which leads to increased motivation.
Answers
Answer:
True
Hope this helps and you understand
False. One problem with job specialization is that many jobs can become tedious and repetitive, leading to decreased motivation and job satisfaction.
When tasks become overly specialized and monotonous, employees may experience boredom and a lack of fulfillment, which can have a negative impact on their motivation and performance.False. One problem with job specialization is that many jobs can become tedious and monotonous over time, which can actually lead to decreased motivation. When individuals perform the same repetitive tasks continuously, they may experience boredom, lack of challenge, and reduced job satisfaction. This can ultimately impact their motivation levels and overall engagement in their work.
While job specialization can have its benefits, such as increased efficiency and expertise in specific tasks, it can also limit the variety and autonomy in a person's work. This lack of variety and autonomy can contribute to decreased motivation and job satisfaction. To mitigate this issue, organizations often implement strategies such as job rotation, enrichment, or providing opportunities for employees to engage in meaningful and challenging work beyond their specialized tasks.
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the most common method used for training non-managerial employees is: a. vestibule training b. computer-based instruction c. on-the-job training d. apprenticeships
Answers
The most common method used for training non-managerial employees is on the job training (OJT). In fact, one estimate suggests that organizations spend three to six times more on OJT than on classroom training.
On-the-job training is a form of on-the-job training. During training, employees are introduced to the work environment in which they participate. Employees can also gain hands-on experience using machines, equipment, tools, materials, and more.
On-the-job training is usually the most effective way to acquire the skills needed for the job. No one wants to spend time away from work sitting in a classroom when they can study at work while working.
Lack of qualified trainers is one of the drawbacks of in-house training. The best people in an organization don't always make the best coaches. A qualified trainer has excellent communication skills. They are patient and ready to answer any off-course questions a trainee may have.
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you have been invited to participate in a project to design a new ATM for ACME Sdn Bhd. ACME is the leading supplier of ATM machines for banks in Southeast Asia and their ATM machine is known to be the most reliable with little to no known fault and requires very little maintenance. At the project kick off meeting, the sponsor of the project at ACME briefed the team and, due to your engineering background, you were appointed as the design lead! At the first meeting with the team, after everyone have introduced themselves, Johnny, a designer who had recently graduated from the world-famous Northumbria Design School and is known for a number of award winning designs in Europe and Japan while he was a student at Northumbria, asked what design process you would adopt for the project. He is very keen to learn the design process from an engineering perspective. How would you start the project? What would your initial priority be? And why is this priority important? What tool(s)/technique(s) will you employ?
Answers
As the design lead for the new ATM project at ACME Sdn Bhd, my initial priority would be to gather comprehensive requirements from stakeholders and understand the needs of the users and the business.
This step is crucial because it lays the foundation for the entire design process and ensures that the final product meets the expectations and goals of ACME and its customers.
To achieve this, I would employ various tools and techniques such as interviews, surveys, and focus groups to engage with stakeholders and gather their insights and feedback. This approach would allow us to gain a deep understanding of user requirements, pain points, and preferences, which would inform our design decisions.
Starting the project by gathering comprehensive requirements is essential for several reasons. Firstly, it enables us to identify and address any specific needs or challenges faced by ACME or its customers.
By engaging with stakeholders, we can gain insights into their expectations, preferences, and pain points, ensuring that the new ATM design effectively addresses their needs.
Secondly, understanding the business goals and objectives is crucial to align the design with the strategic direction of ACME. By incorporating the business requirements, we can create a design that not only meets user needs but also contributes to ACME's success and competitiveness in the market.
To gather requirements, various tools and techniques can be employed. Interviews with stakeholders, such as representatives from ACME and potential ATM users, allow us to have in-depth conversations to uncover their specific requirements and expectations.
Surveys can be conducted to collect quantitative data and opinions from a larger user base, providing valuable insights into user preferences and patterns. Focus groups can be organized to facilitate group discussions and gather diverse perspectives.
These methods, combined with observation and analysis of existing ATM usage patterns and feedback, provide a comprehensive understanding of user needs and guide the design process effectively.
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what is entrepreneur
Answers
Answer: An entrepreneur is a person who creates a new business venture with all the possible risks. He is the person who brings an idea to the table for a new business. Then he acquires resources, labor, and capital to set up the business, produce goods and services
Explanation: Hope this was helpful
Drag each option to the correct location.
Match the scenarios to the factors that affect the labor market.
foreign direct investment
outsourcing
immigration
Answers
Each scenario should be matched to the factors that affect the labor market as follows:
Immigration: Carlos is moving from Mexico to the United States because he got a job in a bank. He had his interview last month, and the bank agreed to hire him because he was willing to work for 10% less than most American workers, even though he has the same qualifications.Foreign direct investment: A US supermarket chain is going to open a few supermarkets in Europe because a recent survey showed that the chain has a huge potential for profits in Europe.Outsourcing: A renowned US information technology firm has recently signed a contract with a company based in the Philippines. The Filipino company will handle the accounts of the US firm. The US firm made this decision to reduce labor costs.What is immigration?Immigration can be defined as the movement of a group of people from one geographical region to another geographical destination such as a city, especially in search of any of the following:
Good governanceSecurityBetter living conditions.WorkJobsSocial amenitiesWhat is a foreign direct investment?A foreign direct investment (FDI) simply refers to a type of investment which is made by an individual or business organization (investor) into an investment market that is located in another country.
In conclusion, an example of foreign direct investment (FDI) is a US supermarket chain that is planning to open a few supermarkets in a country in Europe.
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Answer:
Post Test: Free Market and Businesses
Unit: 2
Economics
Question #12
__________________________________________________________
This is 100% right because I took the test
Go to explanation for picture with answers
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Explanation:
Here's the picture and I hope this helped!
Have a nice day!
Which of the following could help determine a job candidate's trustworthiness?
A) A credit check
B) A recorded oral test
C) An in-person interview
D) Closed-ended interview questions
Answers
Answer:
C) An in-person interview
Explanation:
All the options listed, the best choice to determine a candidate's trusworthiness is the in-person interview. An in person-interview allows the interviewer to get to know the candidate better, because open-ended questions can be made about the candidate's proffesional and personal life.
In this type of interview, it is the job of the interviewer to analyze the answers, and reach a conclusion that can determine whether the person is to be trusted or not.
What are some jobs you can get before 16?
Answers
Answer:
Babysitting.
You can work at a lot of places, normal jobs, you're just required to takes breaks because you're a minor. You really just have to check with businesses in your area and see where you can work.
My friends work at a pizza place in our town, they were all under 16 when they started working there.
Explanation:
Your company will need a business plan in order to do what? A. Increase revenue. B. Identify an opportunity. C. Pay taxes. D. Get funding. Please select the best answer from the choices provided
Answers
Answer:
Get Funding
Explanation:
Hope this helps :)
Answer:
D
Explanation:
Get Funding
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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As Lululemon is traditionally a yoga apparel company and Lululemon educators are viewed as educators, performance of yoga poses are included in the selection process. This is an example of
a. Reference checking
b. Application
c. Training
d. Recruitment
e. Testing
Answers
The process of checking for the performance of yoga poses by Lululemon is known as e. Testing.
What is testing?This is a process by which a prospective employer checks to make sure that a prospective employee can do the job.
In checking the yoga poses of people they want to hire, Lululemon is testing to see if the person can be a good educator that would represent the company well.
In conclusion, option E is correct.
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Consider you are creating application for the task given by manager to prepare a SRS (Use any Standard template). Mention there steps. Create the UML Modelling (all diagrams) with a clear figure and explain their significance. (
Answers
To make a Software Requirements Specification (SRS) for the application, the IEEE Standard 830-1998 layout will be kept. The SRS catches the necessities and details for the application and fills in as an establishment for the improvement cycle.
Presentation:
Give an outline of the application and its inspiration.Characterize the extent of the task and distinguish the partners.Portray the association of the archive.Generally speaking Depiction:
Give an overall portrayal of the application, including its capabilities, highlights, and client qualities.Recognize any presumptions and conditions.Portray the working climate and any points of interaction with outer frameworks.Explicit Prerequisites:
Present point by point prerequisites for the application.Utilize practical and non-utilitarian necessities to characterize what the framework ought to do and how it ought to perform.Incorporate UI prerequisites, execution necessities, security prerequisites, and so on.UML Demonstrating Graphs:
Use Case Outline:
Addresses the connection between entertainers (clients) and the framework.Shows the usefulness of the framework according to a client's point of view.Recognizes different use cases and their connections.Class Outline:
Delineates the static construction of the framework.Shows the classes, their traits, and connections.Addresses the general design and key ideas of the framework.Arrangement Graph:
Portrays the collaborations between objects in a particular situation or use case.Addresses the request for messages traded between objects after some time.Envisions the unique way of behaving of the framework.Learn more about Software Requirements Specification, from:
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9. Clayton Corporation common stock is expected to pay a dividend of $2.95 in one year. Company earnings and dividends are expected to grow at an annual rate of 9 percent. If you can buy this stock for $34.71, what is your expected return? a) 9.3% d) 18.3% b) 8.5% e) 17.5% c) 34.6%
Answers
The expected return is 17.5%.To calculate the expected return, we need to use the dividend discount model. We know that the dividend in one year will be $2.95, and we can assume that it will continue to grow at a rate of 9% annually.The correct answer in 17.5 %
Future stock price = Current stock price x (1 + expected annual return)^number of years
In this case, we only need to calculate the expected return, so we can use the formula:
Expected return = (Dividend in one year / Current stock price) + expected annual growth rate,Expected return = ($2.95 / $34.71) + 9% = 17.5%
This means that if you buy the Clayton Corporation common stock for $34.71, you can expect to earn an average annual return of 17.5%, assuming that the earnings and dividends grow at the expected rate.
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Who is watching the World Cup today???
Answers
Answer: me
Explanation:
just because
The united states–mexico–canada agreement is an example of a ____________ agreement.
Answers
The united states–Mexico–Canada agreement is an example of a trade agreement.
The settlement among America of the united states, the United Mexican States, and Canada (USMCA) is a free trade agreement between Canada, Mexico, and the united states.
North American free trade settlement (NAFTA) hooked up a loose-trade zone in North the us; it was signed in 1992 via Canada, Mexico, and the united states and took impact on Jan. 1, 1994. NAFTA without delay lifted price lists on the general public of goods produced by using the signatory nations.
The new U.S.-Mexico-Canada agreement (USMCA) will aid at the same time useful trade main to freer markets, fairer change, and robust financial boom in North the USA.
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Jessica wants to save $100,000 in the next 10 years so she can have a good start on her retirement fund. How much will her monthly contributions need to be if she can earn a 12% return on her money?.
Answers
In order to get a head start on her retirement fund, Jessica plans to save $100,000 over the next ten years. If she can get a 12% return on her investment, she will need to make monthly instalments of $434.71.
Savings are important for two reasons: financial security and financial objectives. Confidence in your capacity to cover unforeseen expenses, pay for your own retirement, and maintain a chosen lifestyle is a result of financial stability and preparedness.
Goals can aid in maintaining perspective and reining in saving efforts. Your ability to accumulate your first $100,000 for any objective you may have in mind will depend on how much money you have to save, whether retirement from lower costs or higher income. And after you accomplish that, getting to the next $100,000 will be simpler.
So, In order to get a head start on her retirement fund, Jessica plans to save $100,000 over the next ten years. If she can get a 12% return on her investment, she will need to make monthly instalments of $434.71.
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What factor played a significant role in the increase in sharecropping and tenant farming in Georgia during Reconstruction?
answer choices
a). landowners had no cash, but needed land worked
b). the redistribution of private farmland to former slaves
c). the passage of a new minimum wage by state leaders
d). provisions attached to federal loans provided to landowners
Answers
The factor played a significant role in the increase in sharecropping and tenant farming in Georgia during Reconstruction was that landowners had no cash, but needed land worked. Option A.
What was the reconstruction?The Reconstruction Era spanned the years 1865–1877, following the end of the Civil War. Its main goals were to guarantee former slaves' rights, reestablish full political involvement for the southern states in the Union, and establish new connections between African Americans and whites.
The Reconstruction era transformed the relationship between the federal government and the governments of the states, redefined American citizenship, increased the number of people who could vote, and emphasized the distinctions between political and economic democracy.
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Your five-year-old daughter has just announced that she would like to attend college. The College Board has reported that the average annual cost of tuition, room, and board, and other expenses at public four-year colleges is $21,500 in 2022 (to be paid at the beginning of 2022). The cost has risen 3.5% over the last year. You feel this percentage increase is a good long-term estimate. You also believe that you can earn a rate of 7% compounded annually on investments to meet this goal. A. If costs continue to rise 3.5% per year, how much will it cost for the first year of tuition in 13 years? B. Assuming that you plan to have enough money saved in 13 years to cover all four years of college costs, how much will you need to accumulate by that time? Assume all annual costs are paid at the start of the school year. C. Assume college costs double. What is the new value for (B.)? D. If you were to invest a lump sum today in hopes of covering your daughter's college costs, how much would you have to invest? Assume you can only come up with 80% of this value. What is the maximum you can afford to spend on your daughter's four-year college education. E. F. If you decided to invest annually, instead, how much would you have to invest each year? You just learned of a $10,000 inheritance and plan to invest it in your daughter's college fund. Given this new source of funds, how much will you have to invest each year? You are also uncomfortable with the 7% investment outlook. Run the problem with 6%, 8%, and 9%.
Answers
A. The cost for the first year of tuition in 13 years would be $31,961.62.
B. You need to accumulate $109,674.16 by that time to cover all four years of college costs.
A. To calculate the cost for the first year of tuition in 13 years, we use the formula for compound interest with an annual growth rate of 3.5%. The future value is $21,500, the number of years is 13, and the interest rate is 3.5%. The calculated cost is $31,961.62.
B. To cover all four years of college costs, we multiply the cost for the first year by four. The total amount needed to accumulate in 13 years is $31,961.62 multiplied by four, which equals $127,846.48.
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. What kind of real option does the? XC-900 machine provide to? Billingham????(Select all the choices that? apply.)A.The expansion will require additional sales and administrative personnel.B.If it would be beneficial to expand? production, Billingham will increase production with the? XC-900.C.If it would be better if production remains the? same, Billingham is under no obligation to utilize all of the? XC-900 production capacity.D.The? XC-900 allows Billingham the option to expand production starting in year 3.
Answers
The correct option is (B) If it would be beneficial to expand production, Billingham will increase production with the XC-900.
The actual choice the XC-900 machine gives Billingham is that if it would be advantageous to boost production, Billingham will do so using the XC-900.
Billingham is not required to use the entire XC-900 production capacity if maintaining current output levels would be preferable. With the XC-900, Billingham has the choice to increase output beginning in year 3.
Billingham would have the choice to cancel the investment if he knew that it could sell the XC-750 to another company for $ 2.19 million in two years.
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Which costing method assigns only manufacturing costs to products?.
Answers
Answer:
Traditional costing
Explanation:
Using traditional costing, only manufacturing costs can be assigned to products. Under ABC, both manufacturing and non-manufacturing costs may be assigned.
describe the importance of section officer
Answers
Answer:
Section officer are important to give and take the services , cater the services effectively , distribute work among the staff as evenly as possible , drafts laws , put up notes , prepare summaries , manage the relevant record and data of concerned department, reply to letters , communicate with other departments , maintain order and discipline in the section maintenance, etc
if jamie lee does not want to pay more that 289/motn h and is unwilling to take a loan for more than 5 years, what is the maxium she is willing to pay for a car
Answers
Based on number of years that Jamie Lee wants to take loan and monthly payment, the maximum she is willing to pay is $17,100.
What is a loan?A loan is a financial arrangement where one party (the lender) lends money to another party (the borrower) with an agreement that the borrowed money will be paid back over time, often with added interest. Loans can come in various forms, including personal loans, student loans, mortgages, car loans, and business loans. The terms of the loan, including the interest rate, repayment period, and payment schedule, are typically outlined in a loan agreement between the two parties. Borrowers may need to provide collateral, such as a house or car, to secure the loan. Loans can provide individuals and businesses with the funds they need to make large purchases or investments that they otherwise wouldn't be able to afford.
Maximum amount= 285 x 5 years x 12 months a year
= 285 x 60 months
= $17,100
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Which type of tax is paid to support transfer payments and other programs of the u.s. government
Answers
Federal income tax: An income tax is a type of tax that the federal government levies on people and corporations based on their earnings.
What kind of tax is paid to the government directly? Federal income tax: An income tax is a type of tax that the federal government levies on people and corporations based on their earnings.Defense, foreign policy, law enforcement, and debt interest are just a few of the government initiatives that are funded in part by the federal income tax.Taxes that are paid directly to the government by the taxpayer are known as direct taxes.A progressive tax is one that levies an income tax that is higher for high-income groups than for low-income ones.An equal percentage of revenue from each income category is taken as a tax under a proportional system.Regressive taxes—Taxes that take a bigger percentage of low-income groups' income than high-income groups—are those that are imposed.To learn more about Federal income tax refer
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Post-secondary education is
Answers
DescriptionTertiary education, also referred to as third-level, third-stage or post-secondary education, is the educational level following the completion of secondary education.
Under Title IV of the 1964 Civil Rights Act
the Catholic Church is required to ordain women for the priesthood.
True
False
The Age Discrimination in Employment Act of 1986
only protects men and women over age 65 against discrimination b ecause of their age in hiring or promotion.
True
False
In the case Christopher v. Smithkline Beecham Corporation, in which an employee sued for overtime under the Fair Labor Standards Act, the Supreme Court concluded:
A. Christopher was an independent contractor.
B. Christopher was discriminated against because of his age.
C. Not all salespeople actually sell products.
D. The FLSA does not apply to the pharmaceutical industry.
Among other things, the Fair Labor Standards Act of 1938 regulates minimum wage hours worked and overtime, employees
Answers
It should be noted that under Title IV of the 1964 Civil Rights Act, the Catholic Church is not required to ordain women for the priesthood. Therefore, it's false.
What Is Age Discrimination In Employment Act?The Age Discrimination in Employment Act of 1986 doesn't only protect men and women over age 65 against discrimination. It protects people who are 40 years and older.
In the case of Christopher v. Smithkline Beecham Corporation, the Supreme Court concluded that the FLSA does not apply to the pharmaceutical industry.
Lastly, the Fair Labor Standards Act of 1938 regulates minimum wage hours worked.
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