Answers
Assorting refers to building up a variety of different products for resale to particular customers.
What is meant by assorting ?This strategic technique, often known as a "product selection strategy," is used by merchants to control and boost sales. The breadth of products offered, or how many varieties of a specific product a business carries, is one of the strategy's two main building blocks (e.g. how many sizes or flavours of the same product).
An array is a collection of related items that come in various shapes, sizes, colours, and quality.
The act of deciding which "assortment" of goods to market at a given moment and how to distribute them among various outlets and/or sales channels in order to optimize profitability is known as assortment planning.
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Related Questions
Sarah's dog had purebred puppies that she decided to sell on www.puppyfind.com. She ships them using an airline. If a puppy dies and the buyer decides to sue, who can he sue?
Sarah
the sole proprietorship
the airline carrier
all of the above
Answers
Answer:
The buyer should sue the airline carrier
Explanation:
Because it is the airlines job to make sure that the puppy are safe and health
a food worker wearing artifishal nails is preparing a salad for lunch rush what should she do to prevent from contaminating the salad
Answers
Answer:
wear gloves when preparing the salad.
Explanation:
Explain the legal system of PNG
Answers
¿Name three types of Insurance.?
Answers
Three types of insurance are health insurance, life insurance, and auto insurance.
Insurance is a contract between the insurance provider and the policyholder in which the provider agrees to pay the policyholder a specific amount of money in exchange for the premium paid by the policyholder. Insurance is one of the most critical financial investments a person can make. It's crucial to consider the numerous sorts of insurance available to determine the best fit for your requirements.
Health Insurance: It is an agreement between the insurer and the policyholder that covers the medical expenses of the policyholder. Health insurance covers medical expenses such as hospitalization costs, lab tests, doctor visits, and prescription medications. Health insurance can be purchased by an individual or through an employer-sponsored plan.
Life Insurance: It is an insurance policy that pays out a death benefit to the policyholder's beneficiaries upon the policyholder's death. Life insurance can be permanent or term. Permanent life insurance is lifelong coverage, while term life insurance provides coverage for a set period.
Auto Insurance: It is a contract between the insurer and the policyholder that covers any damage caused to the policyholder's vehicle, as well as any other party's vehicle involved in the accident. Auto insurance policies also cover medical expenses and lost wages that result from a car accident. Auto insurance is mandatory in many states, and premiums are typically determined by the policyholder's age, driving history, and vehicle type.
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The Food Co-op Club boasts that it has 5,000 members and a 200% increase in sales. The markup is 40% based on cost. What would be its percent markup if selling price were the base?
Answers
The percent markup is 67% if the selling price were the base.
What is markup called?The difference between the selling price and the cost of a good or service is known as the markup. It is frequently stated as a percentage of the cost. In order to cover the costs of doing business and generate a profit, a markup is added to the total amount charged by the producer of a good or service.
Given
Sales = 200% increase
markup =40%
required to calculate percent markup =?
Percent Markup = 40 x 100 /60 = 66.66% or 67%
The markup is the percentage difference between a product's selling price and its cost. When markups are calculated based on cost, the selling price is 100%. The actual cost can be calculated if the selling price and the percentage markup on the selling price are provided.
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Edison lives in Chicago and runs a business that sells guitars. In an average year, he receives $726,000 from selling guitars. Of this sales revenue, he must pay the manufacturer a wholesale cost of $426,000; he also pays wages and utility bills totaling $264,000. He owns his showroom; if he chooses to rent it out, he will receive $13,000 in rent per year. Assume that the value of this showroom does not depreciate over the year. Also, if Edison does not operate this guitar business, he can work as a paralegal, receive an annual salary of $22,000 with no additional monetary costs, and rent out his showroom at the $13,000 per year rate. No other costs are incurred in running this guitar business.
A) Identify each of Rajiv's costs in the following table as either an implicit cost or an explicit cost of selling guitars.
Implicit Cost Explicit Cost
The rental income Darnell could receive if he
chose to rent out his showroom.
The wages and utility bills that Darnell pays.
The salary Darnell could earn if he worked as a
financial advisor.
The wholesale cost for the pianos that Darnell pays
the manufacturer.
B) Complete the following table by determining Rajiv's accounting and economic profit of his guitar business.
Profit (Dollars)
Accounting Profit
Economic Profit
C) If Darnell's goal is to maximize his economic profit, he should stay in the piano business because the economic profit he would earn as a financial advisor would be _____.
Answers
Answer:
The rental income Darnell could receive if he chose to rent out his showroom. - implicit cost
The wages and utility bills that Darnell pays. - explicit cost
The salary Darnell could earn if he worked as a financial advisor. implicit cost
The wholesale cost for the pianos that Darnell pays the manufacturer. explicit cost
If Darnell's goal is to maximize his economic profit, he should not stay in the piano business because the economic profit he would earn as a financial advisor would be $35,000
Explanation:
Explicit cost includes the amount expended in running the business. They include rent , salary and cost of raw materials
Implicit cost is the cost of the next best option forgone when one alternative is chosen over other alternatives
Accounting profit= total revenue - explicit cost
$726,000 - ( $426,000 + $264,000) = $36,000
Economic profit = accounting profit - implicit cost
$36,000 - (13,000 + 22,000) = $-1,000
Economic profit from not running the piano business = $13,000 + $22,000 = $35,000
The economic profit from not running the piano business is higher than the economic profit of running it. Thus, he would choose not to run the piano business
Julia is a clinical phycologist who works with families in distress. Usually, the counseling is ordered by the court system because of some issue in the family. What quality would be beneficial to Julia in her career?
Answers
Julia is a clinical psychologist who works with families in distress. Usually, the counseling is ordered by the court system because of some issue in the family. Good listener quality would be beneficial to Julia in her career.
Clinical psychologists have specific training in the psychological counseling and treatment of mental, behavioural, social, and emotional diseases, and their goal is to directly counseling clients who require mental health professionals. A good psychologist pays close attention to what the other person is saying and thoughtfully and thoroughly responds to their thoughts. It takes more than just paying attention to what someone is saying to effectively listen.
Additionally, a lot of clinical psychologists work in private practise, clinics, and medical facilities. Counseling is an ethical interaction characterized by the use of one or more psychological theories and a recognised set of communication skills to clients' private issues, issues, or ambitions, adjusted by experience, intuition, and other interpersonal aspects
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Julia is a good listener.
1. Some businesspeople believe that elimination agents and wholesalers reduce their operating expenses. Discuss the opportunity costs associated with eliminating intermediaries.
Answers
1. While eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.
Eliminating intermediaries such as elimination agents and wholesalers reduce operating expenses, but it also has associated opportunity costs that businesses need to consider. One of the primary costs is the loss of the expertise and value-added services that intermediaries offer to businesses and customers. Eliminating intermediaries may result in businesses taking on additional responsibilities and expenses such as marketing, distribution, and logistics.
This may result in the need for additional staff and resources to ensure that products reach customers on time. Furthermore, eliminating intermediaries may also result in reduced customer access to products, as intermediaries are often responsible for finding new markets and customer segments. In this case, businesses may need to invest additional resources to market and promote their products to reach new customers.
In conclusion, while eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.
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Item11 2 points Time Remaining 1 hour 57 minutes 8 seconds01:57:08 Item 11 Time Remaining 1 hour 57 minutes 8 seconds01:57:08 An advantage of bonds is: Multiple Choice Bonds do not affect owner control. Bonds require payment of par value at maturity. Bonds can decrease return on equity. Bond payments can be burdensome when income and cash flow are low. Bonds require payment of periodic interest.
Answers
Answer: Bonds do not affect owner control.
Explanation:
Bonds are simply refered to as the units of corporate debts which are being issued by companies. It is a fixed income instrument and its advantage is that the bonds do not affect owner control.
Bonds can also bring about a rise in the return on equity. Therefore, the correct option is A.
In market-basket terminology, ________ describes the probability that two items will be purchased together.
Answers
The brand changes form part of a strategic plan the group conceived in September last year called Ekuseni (the Zulu word for “dawn”)”
“Pick n Pay and its new CEO are taking the fight to competitors in a strategy..”
“Pick n Pay yesterday launched a new strategic plan…”
Evaluate the proposed strategy that Pick n Pay is planning to implement, including in your evaluation, the potential risks attached to the proposed new strategy
Answers
Pick n Pay's proposed strategy, known as Ekuseni, aims to implement changes in their brand and take the fight to competitors. The strategy, conceived in September last year, focuses on strategic planning and was launched recently. While the strategy holds potential for success, there are risks associated with its implementation.
1. Pick n Pay's proposed strategy, called Ekuseni, includes changes to their brand and a competitive approach to rivals. This strategic plan was conceived in September last year, with the term Ekuseni referring to "dawn" in Zulu.
2. The strategy aims to revamp the brand image and position Pick n Pay as a strong competitor in the market. By taking the fight to competitors, the company intends to gain a competitive edge and attract more customers.
3. The launch of the new strategic plan indicates that Pick n Pay is committed to implementing this strategy and achieving its goals. It demonstrates the company's intention to adapt and stay relevant in the evolving market.
4. However, like any strategic plan, there are potential risks associated with its implementation. These risks include customer resistance to changes in the brand, increased competition from rivals, and potential financial strains due to the cost of rebranding and marketing efforts.
5. Customer resistance is a common risk when brands undergo significant changes. If the proposed strategy doesn't resonate with Pick n Pay's target market, it could lead to a decline in customer loyalty and affect sales.
6. Additionally, taking the fight to competitors may trigger retaliatory actions from rival companies. This could result in intensified competition, price wars, and potential market share loss for Pick n Pay.
7. Finally, implementing a new strategic plan involves financial investments. The cost of rebranding, marketing campaigns, and operational changes may strain the company's resources, potentially impacting its financial stability.
In conclusion, while Pick n Pay's proposed strategy holds promise for the company's growth and competitiveness, there are risks involved. Proper planning, market research, and effective execution will be crucial to mitigating these risks and ensuring the success of the strategy.
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what are the functions of middle level management
Answers
Answer:
Middle management is at the center of a hierarchical organization, subordinate to the senior management but above the lowest levels of operational staff. Middle managers are accountable to top management for their department's function. They provide guidance to lower-level managers and inspire them to perform better.Hope this helps you !!evaluate 3|-3| A.-6 B.6 C.9 D.-9
Answers
Answer:
9
Explanation:
3|-3|
|-3| is the absolute value of - 3 which is 3
Hence,
3 * 3 = 9
If the amount of gasoline purchased per car at a large service station has a population of $15 and a population standard deviation of$4 then 99.73% of all cars will purchase between $3 and $27
Answers
The range between $3 and $27 is three standard deviations away from the mean.
Since we know that 99.73% of the data falls within three standard deviations of the mean, we can estimate that 99.73% of all cars will purchase gasoline between $3 and $27.
According to the given information, the population mean is $15, and the population standard deviation is $4.
This means that 99.73% of all cars will purchase gasoline within three standard deviations of the mean, using the empirical rule.
Therefore, we can use the empirical rule to estimate the percentage of cars that will purchase gasoline between $3 and $27.
The empirical rule is also known as the 68-95-99.7 rule, which states that:Approximately 68% of the data falls within one standard deviation of the meanApproximately 95% of the data falls within two standard deviations of the meanApproximately 99.7% of the data falls within three standard deviations of the mean.
To find the number of standard deviations that correspond to $3 and $27, we need to calculate the z-scores.
The z-score formula is given as:z = (x - μ) / σwhere z is the standard score, x is the value of the variable, μ is the population mean, and σ is the population standard deviation.
To find the z-score for $3, we plug in the values:z = (3 - 15) / 4z = -3To find the z-score for $27, we plug in the values:z = (27 - 15) / 4z = 3.
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Raising money to fund their programs, providing education, providing service to those affected, and advocating are the basic objectives of:
Answers
Organizations that engage in these activities including advocacy and education, are known as Philanthropic organizations.
What is a philanthropic organization?They are non-profit organizations. They champion various causes related to the provision of basic human rights to the less privileged.The only way they are able to engaged in these causes and programs is by raising funds and they do this through various ways such as receiving charitable donations and engaging in business.
In conclusion, this is a philanthropic organization.
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Suppose it is decided that rent control in New York City will be abolished and that market rents will now prevail. Assume that all rental units are identical and so are offered at the same rent. To address the plight of residents who may be unable to pay the market rent, an income supplement will be paid to all low income households equal to the difference between the old controlled rent and the new market rent. What effect will the elimination of the rent control have on the quantity and quality of rental housing supplied
Answers
Answer:
The effect of the elimination of the rent control on the quantity and quality of rental housing supplied in New York City is:
increased quantity and quality of supplied rental housing.
Explanation:
In line with the laws of demand and supply, the quantity and quality supplied of the rental housing will increase drastically in New York City once rent control is abolished. The only limiting factors will be the availability of resources, like land, labor, and capital for housing development. If these resources are abundantly available, coupled with the presence of entrepreneurs, the number of rental housing will skyrocket in a few years to the extent that the housing market in the city will overrun demand.
The accountant for Murphy Company prepared the following analysis of its inventory at year end: Item Units Cost per Unit Net Realizable Value RSK-89013 550 $38 $44 LKW-91247 329 49 45 QEC-57429 462 25 33 Required: 1. Compute the carrying value of the ending inventory using the lower of cost or market method applied on an item-by-item basis. $ 2. Prepare the journal entry required to value the inventory at lower of cost or market. (Inventory adjustment to market value)
Answers
Answer:
1. $47,255
2. Dr Cost of goods sold account $1,316
Cr Inventory account $1,316
Explanation:
Please find attached detailed solution to the above questions and answers.
Many unethical behaviors lead to the passage of legislation that makes those
behaviors legal.
TRUE OR FALSE
Answers
These unethical behavior examples help identify what is not considered These are just some of the many different examples of unethical behavior that could occur. Double standard which makes it unethical and causes a black eye to law .In verse 14 it says Truth has fallen in the public squares (KJ says streets. So true
Hope this helps have a great day :)
external opportunities of a pharmacy business
Answers
The pharmacy sector is India's most profitable and fastest growing business sector. There are numerous business opportunities to begin in this sector.
Here are four areas of your pharmacy business that you might want to concentrate on, along with some resources to help you get started.
1.Profitability
2.Customer Contentment
3.Services
4.Leadership
There are many profitable segments available in the pharma sector, but the main issue is that people are not fully aware of these segments. Whether they come from a pharmacy background or not, they frequently struggle to find where to invest their hard core money or how to get started. Here we will discuss some important businesses in the pharmacy sector that will be beneficial to your business career.
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What are the signs and symptoms of mumps?
Answers
Answer:
The primary sign of mumps is swollen salivary glands that cause the cheeks to puff out. Other signs and symptoms may include:
Pain in the swollen salivary glands on one or both sides of your face
Pain while chewing or swallowing
Fever
Headache
Muscle aches
Weakness and fatigue
Loss of appetite
Whole body: chills, fatigue, fever, loss of appetite, or malaise
Throat: difficulty swallowing or soreness
Also common: dry mouth, headache, hearing loss, neck swelling, swollen lymph nodes, or swollen salivary glands
which of the following is a collaboration of software
Answers
Answer:
I dont see anything
Explanation:
An appreciating U.S. dollar is
O strengthening, more
O weakening, less
O a problem for exporters, less
O beneficial to importers, more
Answers
strengthening, more
Explanation:
Appreciating means to rise in value or price therefore stregthening and becoming worth more.
Wilma sells her house for $600,000 two months after her husband passed away. They had purchased the house in 1952 for $58,000. Assuming they met the requirement for filing jointly, on what amount will Wilma have to pay income tax?
Answers
Wilma can exclude $500,000 of the gain from the sale of the house from her taxable income if she meets the requirements for married filing jointly.
What is the gain on the sale?The gain on the sale is $600,000 - $58,000 = $542,000. Since her husband passed away within the last two years, she is eligible for the $500,000 exclusion.
This leaves $542,000 - $500,000 = $42,000 as taxable gain. Wilma will have to pay income tax on $42,000. However, the exact amount of tax she will owe depends on the tax rates and other aspects of her financial situation.
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Which element of an effective essay is the statement describing? The Contains a summary of the topic.
Answers
Answer:
The thesis statement should contain a summary of the topic, so the answer might be thesis statement.
10.14Persuasive Organizational Message Flowing Downward: Get Into Urban Farming
(L.O. 4)
As employee relations manager of The Clorox Company based in Oakland, California, one of your tasks is to promote Urban Farming, a global organization that has established more than 66,000 gardens in nearly 40 cities. Originating in the Detroit area, Urban Farming is a combined effort of major corporations. You must recruit 12 coworkers who will volunteer to plant gardens and teach community families about healthy eating.
Your task is to find volunteers in your company to start a community garden and in turn recruit other Clorox volunteers. The greater San Francisco area offers more than 5,000 vacant lots to choose from, and 40 gardens already exist in the region. Clorox volunteers will be expected to attend training sessions and then to supervise and instruct participating members of the community. In return, employees will receive two hours of release time per week to work on their Urban Farming projects. The program has been very successful thus far, and the interest in community gardens is strong.
Your Task: Learn more about Urban Farming by searching the Web. Then write a persuasive memo or e-mail with convincing appeals that will bring you 12 volunteers to work with Urban Farming.
Answers
A persuasive memo is a form of business communication that seeks to persuade the recipient or recipients to pursue a particular course of action.
Write and email or persuasive memo for the same.Dear Clorox Staff,
I'm writing to you today to let you know about an amazing chance to have a positive impact on our neighbourhood. As you may be aware, The Clorox Company is dedicated to promoting healthy living and sustainability, so I'm thrilled to share the news of our collaboration with Urban Farming, a global organisation that has created over 66,000 gardens in close to 40 cities.
To start a community garden project in the greater San Francisco area, we are looking for 12 volunteers. This is an opportunity for us to support sustainable living and healthy eating while giving back to our neighbourhood. Community gardens offer a variety of advantages, from supplying fresh produce to enhancing mental health and fostering community involvement.
As a volunteer, you will go to training sessions to acquire the knowledge and abilities required to oversee and instruct community participants. You will get two hours of release time each week to work on your urban farming project in exchange for your commitment.
This program's success depends on the participation of committed volunteers like you. Please think about assisting us in this mission to improve our neighbourhood. Together, we can change things.
I appreciate your consideration.
Sincerely,
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Suppose a 95% confidence level for u has been constructed. If it is decided to take a larger sample and to decrease the confidence level of the interval, then what is the resulting interval width?
Answers
Answer:
be narrower than the current interval width
Explanation:
Entrepreneurs generally think differently about resources than do employee-managers in which of the following ways?
Answers
Managers want larger budgets; entrepreneurs work to do more with less.
How do entrepreneurs approach resources differently from employee-managers?Entrepreneurs have a distinct mindset when it comes to resources compared to employee-managers. While managers often seek larger budgets to accomplish their goals, entrepreneurs tend to focus on doing more with less.
This difference in perspective stems from the inherent nature of entrepreneurship which involves taking calculated risks and maximizing efficiency in resource allocation.
Entrepreneurs understand that resources, such as capital, time, and manpower, are limited and valuable. They recognize that acquiring substantial budgets may not always be feasible, especially in the early stages of a venture.
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When entering the provider's Social Security number (SSN) or employer identification number (EIN) in CMS-1500 Block 25, a
a. hyphen is not entered.
b. hyphen is entered.
c. space is entered instead of a hyphen.
d. space or hyphen is entered.
Answers
Answer:
When entering the provider's Social Security number (SSN) or employer identification number (EIN) in CMS-1500 Block 25, a
Answer:
hyphen is not entered
Explanation:
Usually a CMS-1500 Block 25 looks like a bunch of digits
for example
999927999We can't use hyphen inbetween
So option A
Which of the following is a similarity between a sole proprietorship and a partnership?
a. Both their earnings are untouched by the Internal Revenue Service.
b. Both offer limited liability to the owners.
c. Both are subject to double taxation. d.Both have stronger financial bases than a limited liability company.
Answers
The similarity between a sole proprietorship and partnership is that Both their earnings are untouched by the Internal Revenue Service
What is Sole proprietorship?Sole proprietorship is a business Enterprise that is owned and run by an individual person.
The individual person is the risk taker.
What is partnership?Partnership refer to any business Enterprise that is own and run by two or more people.
Therefore, The similarity between a sole proprietorship and partnership is that Both their earnings are untouched by the Internal Revenue Service.
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Assume that Luxland and Leanderland specialize and trade in a way that is advantageous for bothof them. Explain what will happen to the number of pretzels that Leanderland can produce.
Answers
Question Completion:
Production outputs
Luxland Leanderland
Chips 10 4
Pretzels 10 8
Total output 20 12
Answer:
Assuming that Luxland and Leanderland specialize and trade in a way that is advantageous for both of them, the number of pretzels that Leanderland can produce will be 16.
Explanation:
a) Data and Calculations:
Specialization Output:
Luxland Leanderland
Chips 20 0
Pretzels 0 16
Total output 20 16
b) While it is acknowledged that Luxland has absolute advantage in the production of both chips and pretzels when compared to Leanderland, the total output for both economies, without specialization, remains 32 units (of both chips and pretzels). When they specialize, Leanderland's output increases to 16 units from 12. This results in total output of 36 units instead of 32 for both economies.