Option d is Correct. They have too much capacity (capital) for the size of their market.
If market demand is not strong enough to provide a price that covers the average variable cost, it suggests that the business has too much capacity (capital) for the size of its market. This means that the business is producing more goods or services than the market is willing to buy at the current price.
In this situation, the business should consider reducing its level of production or capacity to match the size of the market. This could involve reducing the amount of capital invested in the business, laying off workers, or closing down certain production lines. By reducing its capacity, the business can better match its output to the needs of the market and avoid producing goods or services that are not in demand.
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What system did merchants in early centuries use to make commercial transactions easier
In the early centuries, merchants made use of the Mercantilism system for commercial transactions.
What is Mercantilism?In simple terms, it is an economic theory and practice known as "mercantilism," which was prevalent in Europe from the 16th to the 18th century.
Mercantilism advocated governmental regulation of a country's economy with the goal of enhancing state power at the expense of competing for national powers.
According to the theory, a strong nation should have a sizable population because a sizable population would offer a supply of labor, a market, and soldiers.
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an arrangement that brings buyers and sellers together to do business with each other is ?
A market generally can be defined as an arrangement that brings buyers and sellers together to do business with each other. In the market, a seller and buyer is the main important things.
In business and economic, A market generally can be described as the sum total of all the buyers and sellers in the area or region under consideration. Based on the structure, a market can be classified into several types, such as perfect competition market, monopolistic competition market, oligopoly market and also monopoly market. Market structure has several important element, each element has their function through the process in the market, there are the number and size of sellers, entry and exit barriers, nature of product, price, selling costs.
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ESTIMATING COSTS
ACTIVITY 1- Scenario: Margaret has recently opened up her own
Beauty Salon in Abu Dhabi. She has been operating for the last 6
months as a sole trader.
List Margaret's costs for her business below:
Fast plz
Answer:
Opening your own hair salon is a milestone for any hairdresser. You may be wanting to open a salon so that you are self-employed. You may also be wanting to provide your own clients with services that align with your vision of what a hairdressing experience should be. However, opening a hairdressing salon is a big responsibility, even if you have previous experience in the hairdressing industry.
One of the most important things you will need to consider when planning to open a hairdressing salon is how to structure your business. Your business structure is the legal framework of your business. It has the potential to reduce your exposure to financial risk and enable flexibility for growth. The wrong business structure for a new business may be costly and may not be suited to your business goals. This article considers four popular business structures and their suitability for hairdressing businesses.
1. Sole Trader
If you are starting a hairdressing salon on your own or are wanting to freelance, you may choose to operate as a sole trader. As a sole trader, you will have full control and autonomy of the running your business. This structure is usually relatively easy and cheap to set up. It also has minimal legal formalities.
To set up as a sole trader, you will need an Australian Business Number (ABN). If you intend to trade under your own name, then you don’t need to register a business name. However, if you plan to operate under a different name, you simply need to register a business name with the Australian Securities and Investments Commission (ASIC).
Although it has an easy setup, this structure does come with risk. If any of your clients sue you or you incur any debts, you will be personally responsible. This means that if you can not repay these debts from the funds of the business, you will have the repay the debt from your own personal finances.
Also, as a sole trader, you have limited resources available to fund the growth of your business. You will need to rely on:
personal savings;
loans; and
business profits.
You cannot raise funds from the general public. Being a sole trader may also not be the most tax-effective decision. This is because a sole trader is liable to the same tax rate applicable to individual taxpayers on income earned. You should check this with an accountant or tax lawyer.
2. Partnership
If you plan to open your hairdressing salon with one or more business partners, you may choose to enter into a partnership. Similar to a sole trader, the setup is simple and has minimal upfront costs. You will require an ABN for the partnership and most partnerships also register a business name.
It is also important for the partners to enter into a partnership agreement. This agreement governs the relationship between partners and sets out key terms, which may describe:
how the business will be managed;
how the profits will be shared;
who will fund the partnership;
how you or your partners can sell your share in the business; and
the process for managing disputes.
However, setting up a partnership also comes with risks. Like a sole trader, if someone sues you or you go into debt, your personal assets and finances will be at risk.
Additionally, partnerships involve joint liability. Therefore, you may be personally liable for business debts owed by any of the other partners. The amount owed is not divided proportionally according to your percentage of ownership in the business, so you could be responsible for paying the entire amount.
Like a sole trader, you cannot raise funds from the general public to fund the growth of your business. You will need to rely on:
the savings of each partner;
loans; or
business profits.
However, unlike a sole trader, you can look to bring on more partners to increase the pool of funds available for the business.
3. Company
Whether you are operating your hairdressing salon on your own or with other business partners, you may decide to operate as a company. A company is a separate legal entity. This means it is capable of suing and being sued. It also holds assets in its own name and can enter into contracts in its own name.
There are two key players involved in the management of a company. These are shareholders and directors. As the founder of your business, you will usually be both a shareholder and a director of the company that you establish. Any other business partners may also take on these roles.
hope it helps
Which financial advice should Sami follow to get a car loan with a lower interest rate?
A. Make a larger down payment.
B. Get a variable rate loan.
C. Make a smaller down payment.
D. Buy a more expensive car.
Answer:
A
Explanation: Although a larger down payment won't guarantee a lower interest rate it might lessen the amount of months, he makes those payments and/or the monthly payment itself. To get a low interest rate he should have a good credit rating and shop around for financing just like he did for the car.
Which of the following is an example of an e-commerce security concern?
A. Making sure products mailed to consumers are not damaged
OB. Keeping online payments and information secure
C. Ensuring that products are safe for consumers to use
D. Educating consumers about their market options
SUBMIT
Keeping online payments and information secure is an example of an e-commerce security concern.
What is e-commerce?
E-commerce refers to buying and selling of products and services that take online through the web rather than physical activities of trade which occurs offline, hence, we are concerned with any breach of a firm's information technology security architecture , which means that making sure the products mailed are not damaged is not a concern because mailing does not happen online, the products need to be physically delivered,
Besides, online payments security is the most essential issue to keep abreast in e-commerce, any client whose debit or credit card is compromised would return to the store and would take legal actions against the e-commerce store, safety of payment is key,
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A manager who provides reinforcement on a periodic basis, regardless of performance is using a ____ schedule
A manager who provides reinforcement on a periodic basis, regardless of performance is using a fixed-interval schedule.
In behavioral psychology, reinforcement is a consequence applied as a good way to enhance an organism's destiny behavior on every occasion that behavior is preceded by using a particular antecedent stimulus. This strengthening impact can be measured as a higher frequency of the conduct, longer period, and more significance.
An example, reinforcement might contain supplying rewards at once after a baby places away their toys. By reinforcing the desired conduct with praise, the kid can be much more likely to perform the equal movement again in the future.
Reinforcement is used to assist boom the opportunity that specific conduct will occur in the destiny by means of delivering or eliminating a stimulus immediately after conduct. any other way to put its miles that reinforcement if accomplished correctly, affects conduct taking place extra often in the destiny.
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The allowance for doubtful accounts is a(n) (current/contra/opposite) asset account and has a normal credit balance.
Answer:
contra
Explanation:
because its true
What three economic questions are asked when studying the similarities of traditional, command, market, and mixed economies among nations of the world?answer choicesWhat to produce, why to produce, when to produce?What is your opportunity cost, what economic resources are needed, why should these resources be used?What to produce, how to produce, and for whom to produce?
The three fundamental economic problems are answered by the actions of individual producers and consumers.
How would you define "economic"?Economics is the study of restriction and how it impacts a wide range of complex issues that are very crucial to society, including as how supplies are used, how goods and services are exchanged, how productivity and welfare rise over time, and a number of other intricate issues.
What is an economic example?Example: In a bid to sell much more their harvest, farmers reduce the price of a commodity when corn output increases. If there is an imbalance between supply and demand, as there must be enough grain to feed the entire country, production must be wasted, which costs producers money.
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Do you believe that customer service in international retailing
is improving or declining? Why? Give your opinion with proper
justification.
Opinion: Customer service in international retailing is generally improving due to advancements in technology, increased competition, and heightened customer expectations.
Justification:
Advancements in Technology: Technology has revolutionized the way businesses interact with customers. International retailers can now leverage various communication channels such as social media, chatbots, and personalized messaging to provide timely and efficient customer service. These tools enable retailers to offer real-time support, resolve issues promptly, and enhance the overall customer experience.
Increased Competition: The global marketplace has become highly competitive, with international retailers striving to differentiate themselves through superior customer service. To gain a competitive edge, retailers are investing in training their staff, implementing customer-centric strategies, and offering personalized services. This focus on customer service improvement is driven by the recognition that satisfied customers are more likely to become loyal and recommend the brand to others.
Heightened Customer Expectations: Customers today have higher expectations when it comes to service quality and convenience. They demand quick response times, personalized interactions, and seamless experiences across different touchpoints. International retailers are aware of these expectations and are working towards meeting them by implementing customer-centric initiatives, improving complaint resolution processes, and investing in customer relationship management systems.
While there may be instances where customer service falls short, overall trends indicate that international retailers are striving to improve their customer service offerings. This is driven by the need to stay competitive in the global market, the availability of advanced technology tools, and the growing importance of delivering exceptional customer experiences. However, it's important to note that customer service experiences can vary among different retailers, regions, and individual interactions.
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[Quality of Services Marketing]
1. Which of the following is an example of a B2B internet service? [Answer: Tech Support]
2. Many companies have sophisticated tracking software [Answer: Critical incident technique]
3. Which of the following is not a characteristic of a service? [Answer: Reliability]
4. What is the encounter between service-consumer that occurs during delivery of the service is known as? [Answer: Experince qualities]
5. Your local credit union offers a variety of services to its members [Answer: Fresh-baked cookies and gourmet cookies]
6. The measure of the difference between a customer's expectation [Answer: Gap analysis]
7. Shepherd University is launching new services to attract more students [Answer: Bachelor's degrees]
8. A large store that sells groceries also has a large pharmaceuticals section with a 24-hour pharmacy. [Answer: Offering free coffee tastings]
9. John always takes his car to the same place for an oil change. [Answer: Augmented]
10. Which of the following is not a service of quality attribute? [Answer: Response qualities]
- You can thank me by thanking my previous answers, would be very appreciated -
All of your answers are correct.
The questions given and their appropriate responses can be seen below:
1. Tech Support is an example of a B2B internet service.
2. Many companies have sophisticated tracking software - Critical incident technique.
3. Reliability is not a characteristic of a service.
4. Experience qualities is the encounter between service-consumer that occurs during delivery of the service
5. Your local credit union offers a variety of services to its members such as Fresh-baked cookies and gourmet cookies.
6. Gap analysis is the measure of the difference between a customer's expectation.
7. Shepherd University is launching new services such as Bachelor's degrees to attract more students.
8. Offering free coffee tastings is a large store that sells groceries also has a large pharmaceuticals section with a 24-hour pharmacy.
9. John always takes his car to the same place for an oil change - Augmented
10. Response qualities is not a service of quality attribute.
What is Service marketing?This is defined as the marketing that businesses that provide a service to their customers use to increase brand awareness and sales.
The answers to the questions given can be seen appropriately given above.
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The function of money "Relative Value" is also
known as "Unit of Account". This is because
the function does what?
Help Resources
A. eliminates the gold standard
B. provides numerical values to different goods and services
C. completely eliminates bartering
How did common law develop?
Answer:
Origin of common law
The English common law originated in the early middle ages in the King's court. It did not have substantive rights but it consisted of procedural remedies. Until the 19th century, the English common law continued to be developed primarily by the judges rather than the legislature.
which attribute in perfect competition makes it so firms will make zero economic profit in the long run?
In perfect competition, the attribute that leads to firms making zero economic profit in the long run is known as "free entry and exit."
This condition implies that there are no barriers to entry or exit in the market, allowing new firms to enter the industry and existing firms to leave if they are not earning economic profits.
In the long run, in a perfectly competitive market, firms will earn enough revenue to cover all their costs, including opportunity costs of production. However, they will not earn any additional profit above and beyond that. If firms were earning positive economic profits in the short run, the entry of new firms into the market will erode those profits until they reach zero in the long run.
This zero economic profit condition in perfect competition serves as a key feature that promotes efficiency in resource allocation. It ensures that firms are producing goods or services at their lowest possible cost, with no excess profit signaling that resources are being used efficiently and in line with consumer demand.
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Which is not one of the main sections of a resume?
A. contact information
B. salary requirement
C. education
D. work experience
Answer:
B. salary requirement
Explanation:
Salary is typically posted in the job description or negotiated by the employer/employee as part of the hiring process
Having a strong communication plan can go a long way toward mitigating project problems. A communication plan should address all of the following EXCEPT
When the information will be communicated. How information should be communicated and to whom. What information needs to be collected and are there limits as to who has access to it. Which methods will be used to gather and store information. All of these should be addressed in a communication plan.
Stakeholder identification: Identifying the key stakeholders involved in the project and determining their communication needs and preferences.
Communication objectives: Setting clear objectives for communication, such as ensuring information dissemination, promoting collaboration, resolving conflicts, and managing expectations. Communication channels: Determining the appropriate channels for communication, such as emails, meetings, project management software, or other tools, based on the stakeholders' preferences and the nature of the information to be conveyed.
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In which the ad uses central and/or peripheral persuasion attempts?
To identify whether an ad uses central or peripheral persuasion attempts, it requires analyzing the specific content and elements of the ad. Central persuasion focuses on logical arguments and factual information, appealing to rational thinking and decision-making. Peripheral persuasion, on the other hand, relies on emotional appeals, social influences, and superficial cues to influence attitudes and behavior. Without a specific ad example, it is difficult to determine the exact persuasion approach employed. To identify central or peripheral persuasion attempts in an ad, one should examine factors such as the use of logical reasoning, factual information, statistical data (central), or emotional appeals, endorsements, and visually appealing elements (peripheral). Analyzing these elements will help assess which persuasion approach is predominant in the ad's messaging and strategy.
To determine whether an ad uses central or peripheral persuasion attempts, we would need to analyze the content and elements of the ad. Central persuasion focuses on the logical and rational arguments presented in the ad, while peripheral persuasion appeals to emotions, social influences, or superficial aspects. Without a specific ad example, it is difficult to identify the exact persuasion approach used. However, I can provide an explanation of central and peripheral persuasion in advertising to help you identify these attempts in an ad.
Central persuasion attempts in an ad would involve presenting factual information, logical arguments, and highlighting the benefits, features, and attributes of the product or service. It appeals to the audience's rational thinking and decision-making process by providing substantive reasons to believe in the message.
Peripheral persuasion attempts, on the other hand, rely on peripheral cues such as emotional appeals, social endorsements, celebrity endorsements, or attractive visuals. These cues aim to influence the audience's attitudes and behavior by leveraging peripheral aspects rather than providing extensive information or logical arguments.
To determine which persuasion attempts are used in a specific ad, it is important to analyze the ad's content, tone, visuals, and overall message. Look for cues such as statistics, logical reasoning, comparisons, endorsements, emotional appeals, or appealing visuals that can help identify whether the ad primarily uses central or peripheral persuasion techniques.
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Suppose Pepsi-Cola which includes Mount dew and several other sodas purchase Coca-Cola and cokes families of sodas to form one large metal company what do you believe would happen to the price of sodas in the United States
which is better McDonalds or burger king?
Answer:
mc donalds
Explanation:
because its just betta
Answer:it can be answered if you run the numbers of taste every thing on both restaurants menus including every type of drink how well the cartons are how good are their fry's how good is there customer service how fresh is the food and the service time and how healthy is each one once you figure that out you can get this answer but you would have to conduct a survey to do so But the down side is this cant be carried out since neither company's are serving indoors meaning you have to wait out the pandemic and your need permission to conduct this experiment and have the right requirements to conduct such an experiment so until then al answers are currently an opinion not a solid answer
Explanation:
All of the following statements regarding the tax equivalent yield of a municipal bond are true EXCEPT:A. tax equivalent yield of a municipal bond varies with customer's tax bracketB. as the customer's tax bracket increases, so does the tax equivalent yieldC. as the market price of the bond moves, the tax equivalent yield changes as wellD. tax equivalent yield is disclosed on the customer's confirmation
All of the following statements regarding the tax equivalent yield of a municipal bond are true EXCEPT for statement D. tax equivalent yield is disclosed on the customer's confirmation
The tax equivalent yield (TEY) of a municipal bond is the yield that a taxable bond should have to generate the same after-tax yield as a tax-exempt municipal bond.
The TEY for a specific municipal bond varies based on the investor's tax bracket and the bond's yield and price.However, statement D is incorrect since the TEY is not usually disclosed on the customer's confirmation. It is calculated by the investor to make informed decisions on the investment.
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Sergei’s boss has very strong opinions and often frowns upon questions from the team. This creates an environment where everyone just agrees with the boss decisions without questioning them
Knowing and comprehending each team member's opinions personality type will enable you to assign tasks in a way that best suits their interests and passions.
By doing this, you will raise team morale and productivity to their highest levels. Therefore, I always let my manager know when I'm having an issue. I jot out a list of my annoyances. I request a meeting with my employer opinions and explain these issues in detail. I want to be sure I'm not coming out as rude or sounding like I'm making any accusations against my supervisor. Good staff knowledge results in higher output and results.
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When choosing which bidder wins the award of a new competitive bid municipal issue, the deciding factor is the:
When the winning bidder receives the bonds, they are printed with the interest rate that was offered at the lowest price.
Which one of the following bids is most likely to be chosen for a new municipal issue?6% coupon on premiums that are above par. The bid that offers the issuer the lowest total interest cost in a competitive tendering bond auction is the one that wins.
What among the following must be revealed to clients in municipal underwritings with competitive bids?The gap and selling price of each maturity must be stated in negotiated municipal underwritings. The identity of the underwriters and the amount of their participation shall not be disclosed.
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List 5 expenses that are fixed (ie. something you have to
pay each month and doesn't change
Answer:
food
toiletries
clothing
education
rent
The intended audience for the memo is___________.The tone of the memo should be________.Finally, the purpose of the memo is____________________________.
The intended audience for the memo is all company employees. The tone of the memo should be formal. Finally, the purpose of the memo is to make sure employees understand and follow the updated dress code.
B was 42 when the life insurance policy was issued. 42 is referred to as the ______ age of the policy. A
Because the assured is 42 when the life policy was issued, such age will be called an original age of the policy.
What is an original age?In a life policy, an Original Age refers to the age of an insured at the inception of a life insurance policy.
Therefore, as the the assured is 42 when the life policy was issued, such age will be called an original age of the policy.
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What are two major advantages and two major disadvantages of having unions in the United
States? Explain each advantage or disadvantage.
Answer:
two major advantages of unions:
1. we get more items from different countries
2. Unions promote higher wages and better benefits
two major disadvantages:
1. Labor unions discourage individuality
2. Unions can drive up costs as well as making it harder to promote and terminate workers.
If demand decreases and supply stays the same, there will be a
A) higher equilibrium price and lower quantity
B) lower equilibrium price and quantity
C) higher equilibrium price and quantity
D)lower equilibrium price and higher quantity
n terms of the build-borrow-buy framework, a firm's internal resources are considered to be supportive of internal development when they?
a) are different from those that need to be developed and superior to those of competitors in the targeted area.
b) similar to those that need to be developed and superior to those of competitors in the targeted area.
c) different from those that need to be developed and inferior to those of competitors in the targeted area.
d) similar to those that need to be developed and inferior to those of competitors in the targeted area.
When a company's internal resources support internal development, it is said to be doing so. Comparable to those that still need to be developed and superior to those of rivals in the chosen field. Option B is correct
Internal support refers to the majority of employment assistance for a person with a disability that is supplied by an employer or employees of the employer, as opposed to a job coach or another individual from outside the employer. Increasing production, creating new goods or services, or using other developmental techniques are typically included. Organic (or internal) growth occurs when a company expands from within, for instance, by increasing the number of business units, locations, or product lines. Organic growth expands on the company's existing resources and capabilities. This is typically the only strategy of expansion employed by businesses.
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You are putting away return documents for overnight common carrier supply chain CIII-CV's. You know the documentation must be stored in the CIII-CV return invoices/destruction records of the regulatory records box. Which of the following documentation must be maintained? Select all that apply. Key Rec Carrier Shipping Label Security Seal Time Stamped Envelope
The documentation that must be maintained for overnight common carrier supply chain CIII-CV's includes the Carrier Shipping Label, Security Seal, and Time Stamped Envelope.
In the context of overnight common carrier supply chain CIII-CV's, several documents are necessary to ensure proper record-keeping and regulatory compliance.
Among the options provided, the documentation that must be maintained includes the Carrier Shipping Label, Security Seal, and Time Stamped Envelope.
The Carrier Shipping Label is crucial as it contains essential information about the shipment, such as the origin, destination, tracking number, and other relevant details.
It serves as a means to identify and track the package throughout the supply chain.
The Security Seal is another important documentation that must be maintained. It provides evidence of tamper-proofing and ensures the integrity of the package during transit.
Keeping track of the security seal helps maintain the chain of custody and provides a level of security for the contents of the shipment.
Lastly, the Time Stamped Envelope is likely required to maintain a record of the date and time when the documentation was sent or received. This can be useful for compliance purposes, dispute resolution, or auditing purposes.
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PLEASE!!!
Which of the following is an example of economic globalization?
A. a chicken farm supplying eggs to the neighboring village
B. a mobile grocery selling organic food across New York City
C. an on-demand beauty salon that provides home service
D. a Japanese store selling tea and spices from South Asia
Answer:
The example that represents economic globalization is:
D. a Japanese store selling tea and spices from South Asia
Explanation:
The reason behind this answer is that globalization is the concept designed to understand the economic activity of a certain country outside its borders and engaging commercial activities in its zone with different countries or in zones further away. Then, because they are doing business around the globe they are doing a globalization economy.
Disadvantages of choosing a job that is extremely popular or in demand
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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