using the cheapest suppliers, paying little attention to the needs of customers, and assigning few resources to new goods and services designs can be referred to as:
Answers
Using the cheapest suppliers, paying little attention to the needs of customers, and assigning few resources to new goods and services designs can be referred to as The Silo Mentality.
In the field of business, when little attention is being paid to a business such that there is no collaboration among different departments of the business and the demands of customers are not being met is referred to as the silo mentality.
According to the silo mentality, a company uses cheap resources for production as there is no check and balance. The demands of the customers are not met and the suppliers for resources are the cheapest ones.
To learn more about customers, click here:
https://brainly.com/question/28156685
#SPJ4
Related Questions
Most economists would agree that the best interests of international business are found in a nation with aMultiple Choice :laissez-faire policy.command economy.free trade policy.planned economy.mercantilist view.
Answers
Most economists would agree that the best interests of international business are found in a nation with a planned economy.
What is a planned economy?
A planned economy, also referred to as a centrally planned economy, is a framework in which the government manages every aspect of the economy, from output to distribution. While this strategy can offer businesses stability and predictability in the short term, it frequently results in inefficiencies and a lack of innovation, which ultimately slows economic development.
Similar to this, a command economy is a system in which the government decides how to distribute resources and conduct all economic activities. This strategy has been linked to poor economic development and a lack of innovation because businesses frequently lack incentives to innovate and compete as a result of the government's control over the economy.
A mercantilist viewpoint is frequently linked to a zero-sum perspective on international trade, which can result in protectionist policies and export-led development.
To know more about planned economy, check out:
brainly.com/question/3386698
#SPJ4
Write 9.58 times 10^(2) in standard notation. pls help!
its math btw
Answers
A tenant still has five months remaining on a one-year apartment lease. When the tenant moves to another city, the tenant transfers possession of the apartment to a friend for the entire remaining term of the lease. The friend pays rent directly to the tenant. In this situation, the tenant has become
Answers
Answer:
A sublessor.
Explanation:
In this scenario, a tenant still has five months remaining on a one-year apartment lease. When the tenant moves to another city, the tenant transfers possession of the apartment to a friend for the entire remaining term of the lease. The friend pays rent directly to the tenant. In this situation, the tenant has become a sublessor.
A sublessor can be defined as an individual (tenant) who rents a property from a landlord and then goes ahead to lease it to another.
This simply means that, when a lesse (tenant) of a property grants his lease to another party, he or she is referred to as the sublessor.
Simba is looking for a financial institution to give him a loan for a new house. Which of these institutions would be LEAST likely to provide this service?
savings and loan institution
credit union
brokerage firm
commercial bank
Answers
Answer:
Brokerage firm
Explanation:
Match the questions below with the appropriate person, company or organization that would most likely ask them. There can be more than one user per question.
Should I buy into this business?
Should I sell this business?
Is this business well run?
Is this company growing satisfactorily?
Can the business afford to pay more to its employees?
Is the business paying the proper amount of income tax?
Select answers from the following (a selection can be used more than once)
An absentee owner
A potential investor
A banker
A labour union
The government
An owner
Answers
Explanation:
i don't know the answer but also I do my best!!!
Delaware Corp. prepared a master budget that included $24,480 for direct materials, $28,200 for direct labor, $22,440 for variable overhead, and $39,500 for fixed overhead. Delaware Corp. planned to sell 4,080 units during the period, but actually sold 4,320 units. What would Delaware’s fixed overhead cost be if it used a flexible budget for the period based on actual sales?
Multiple Choice
$167,210 $39,500 $42,403 $36,800
Answers
To calculate Delaware Corp's fixed overhead cost divide the total variable overhead cost by the planned number of units. The correct option is none.
Using a flexible budget, we need to first calculate the variable overhead cost per unit. This can be done by- Variable overhead per unit = ($22,440 / 4,080) = $5.50. Next, we can use the variable overhead per unit to calculate the total variable overhead cost based on actual sales:
Variable overhead based on actual sales = (4,320 units x $5.50 per unit) = $23,760
Now, we can use the total actual sales revenue and subtract the variable and direct costs to find the contribution margin:
Contribution margin = (4,320 units x selling price) - ($24,480 direct materials + $28,200 direct labor + $23,760 variable overhead)
Since the selling price is not given, we cannot calculate the contribution margin or the net income. The correct option is none.
However, we can use the contribution margin to calculate the flexible budget for fixed overhead:
Flexible budget for fixed overhead = (Contribution margin - variable overhead based on actual sales)
Flexible budget for fixed overhead = (Contribution margin - $23,760).
Unfortunately, without the selling price or the contribution margin, we cannot determine Delaware Corp's fixed overhead cost using a flexible budget based on actual sales.
To know more about Delaware Corp visit:
brainly.com/question/15286609
#SPJ11
Name three factors that determine a good’s or service’s elasticity.
Answers
Answer:
Many factors determine the demand elasticity for a product, including price levels, the type of product or service, income levels, and the availability of any potential substitutes. High-priced products often are highly elastic because, if prices fall, consumers are likely to buy at a lower price.
Explanation:
Answer:
(1) availability of substitutes(2) if the good is a luxury or a necessity, (3) the proportion of income spent on the good, and(4) how much time has elapsed since the time the price changed.Which type of product advertisement can be used to sell a company’s product when two or more other companies are selling the same product?
Answers
Answer:competitive advertising
Explanation:
I’m not for sure but I think that might be the answer
Answer: competitive advertising
Explanation:
if on online course it is what was right
Which type of document typically includes contract contingencies?
Purchase and sale agreement.
O Assignment of contract.
Appraisal.
O Option contract.
Answers
Answer:
A.
Explanation:
4. Use the Internet to find an online job posting. Try searching a site like careerbuilder.com or monster.com. Then complete the items below. a. List the link to the posting. (1.0 point) b. List at least two requirements of the job. Complete sentences are not necessary. (2.0 points) c. List at least three tasks that are a part of the job. Complete sentences are not necessary. (3.0 points) d. Write 1-2 sentences explaining why or why not this job would be a good fit for you (2.0 points)
Answers
Answer and Explanation:
Hello. Brainly does not allow links to be placed in responses, which makes it impossible for me to answer your first question. However, you can find this job vacancy in the careerbuilder when searching for Internet / BDC Director.
Two requirements that this job vacancy requires of possible candidates are: Knowledge of management of social networks and experiences with online sales.
The individual who is interested in this job vacancy, if hired, will have to carry out online and face-to-face sales, perform administrative functions and perform customer service whenever necessary.
This job is not a good option for me, because I have no experience in sales, but this is a very promising job vacancy, with a fair salary and benefits, I believe that if I had the requirements, I would do very well in this type of job.
Answer:
1. https://www.careerbuilder.com/job/J337WK6Y75401Z09WZ9
2. · Ideal to have 1 year experience as a pharmacy technician coordinating activities in an administrative support function.
· Must have valid Pharmacy Technician License
3. Working with patients to explain and educate on medical questions
· Tracking and logging vaccination details into EMR (electronic medical records system)
· Assisting Pharmacist as needed
4. This job would be a good fit for me, because I am compassionate, patient, and pay attention to detail. My mathematical skills are excellent, and like working with a team of health care professionals.
Explanation:
A fabric company can produce 11,000 yards of fabric per year currently. The company's goal is to increase the amount of fabric it can produce by 350 yards each year. If the company meets its goal, how many total yards of fabric will it have produced after 7 years
Answers
After 7 years, the fabric company would have produced a total of 13,450 yards of fabric.
If the fabric company currently produces 11,000 yards of fabric per year and aims to increase production by 350 yards each year, we can calculate the total yards of fabric produced after 7 years by using the following formula:
Total yards of fabric = Initial production + (Increase in production per year × Number of years)
Initial production = 11,000 yards
Increase in production per year = 350 yards
Number of years = 7
Plugging these values into the formula:
Total yards of fabric = 11,000 + (350 × 7)
Total yards of fabric = 11,000 + 2,450
Total yards of fabric = 13,450
Therefore, after 7 years, the fabric company would have produced a total of 13,450 yards of fabric.
To learn more about company here:
https://brainly.com/question/30532251
#SPJ11
Juan is interested in becoming a machinist, but he is worried about finding a
job at a manufacturer. Which of the following statements is the most
accurate response to his concerns?
A. In our global economy, most job growth will be in services, but
manufacturing jobs will exist, too.
B. In our global economy, machinist jobs no longer exist.
c. In our global economy, the only jobs available will be service jobs.
D. In our global economy, most available jobs will be in
manufacturing, but service jobs will exist, too.
Answers
Answer:
the answer is A. In our global economy, most job growth will be in services, but manufacturing jobs will exist, too.
Explanation:
Answer:
In our global economy, most job growth will be in services, but
manufacturing jobs will exist, too.
Explanation:
Keri is making doll clothes for a holiday craft show. the wholesale cost of the materials for one outfit is $9.38. if she sells an outfit for $15, what is the percent of markup? round to the nearest percent.
Answers
The percent of markup is calculated by dividing the selling price by the cost of the materials:
Markup % = (Selling Price / Cost of Materials) x 100
Rounded to the nearest percent, the markup is 60%.
The percent of markup for Keri's doll clothes can be calculated by using the formula:
Markup Percent = [(Selling Price - Wholesale Cost) / Wholesale Cost] × 100
First, we need to find the difference between the selling price and the wholesale cost:
$15 - $9.38 = $5.62
Next, we need to divide this difference by the wholesale cost:
$5.62 / $9.38 = 0.599
Finally, we need to multiply this number by 100 to get the percent of markup:
0.599 × 100 = 59.9%
Rounding to the nearest percent, the markup percent for Keri's doll clothes is 60%.
Learn more about percent markup: https://brainly.com/question/1445853
#SPJ11
What impacts did the decentralization of the u.s. banking system during the free banking era have on the currency in the united states? select the two correct answers.
the purchasing power currencies issued by state banks varied wildly from state to state.
monetary reserves decreased.
the money supply declined.
the amount of loanable funds increased.
land was frequently purchased with counterfeit currency.
Answers
The impacts of the decentralization during the free banking era are :
( A ) The purchasing power currencies issued by state banks varied wildly from state to state.( C ) The money supply declined Impacts of free banking eraDuring the free banking era the banks did not survive for long as necessary as they were unable to redeem their notes as the purchasing power of currencies varies from state to state.
Hence we can conclude that the impacts of the decentralization during the free banking era are as listed above.
learn more about free banking era : https://brainly.com/question/1120056
#SPJ1
1. Oberve ome of the buinee in your area, were there ome buinee who are cloing already? Were there buinee operating for o many year? 2. Why do you think ome buinee were ucceful and till operating and ome have not urvived? 3. Why do you think profit i important? 4. How can a buine urvive when it’ not making a profit? 5. How can a buine fail when it i making a large profit?
Answers
1. Yes, some businesses are already closing in my area. Some businesses have been operating for many years.
2. I believe that some businesses are more successful and have survived because they have been able to find a way to differentiate themselves from other businesses and provide a unique value proposition that customers find appealing.
3. Profit is important because it allows a business to pay for its overhead costs, such as rent, utilities, and salaries, as well as its expansion costs.
4. A business can survive when it is not making a profit by cutting costs, diversifying its revenue streams, and finding creative ways to increase sales.
5. A business can fail even when it is making a large profit by not reinvesting in itself, and not keeping up with changing trends.
Additionally, successful businesses have been able to create and maintain an efficient operational model that allows them to minimize costs and maximize profits. Profit is also important because it allows a business to reinvest in itself and expand its operations. A business can fail even when it is making a large profit by not diversifying its revenue streams, and not adapting to changing customer needs.
To know more about businesses refer to the link brainly.com/question/15826604
#SPJ4
1. Observe some of the businesses in your area, were there some businesses that are closing already? Was there a business operating for o many years? 2. Why do you think some businesses were successful and still operating and some have not survived? 3. Why do you think profit I important? 4. How can a business survive when it’s not making a profit? 5. How can a business fail when it makes a large profit?
Tickets to a fundraiser are $14 if purchased ahead of time and $25 if purchased at the door. The total amount raised from all ticket sales was $625. If eleven tickets were purchased at the door, how many tickets were purchased ahead of time?.
Answers
($14)(25)=$350
($25)(11)=$275
$350+$275= $625
1. Describe how an apoptosis-inducing signal can transduce through intrinsic and extrinsic pathways to activate the initiator caspases. (10 marks)
Answers
Answer:
Explanation:
Apoptosis is an important biological process that regulates cell death and is essential for development, tissue homeostasis, and immune defense. Apoptosis-inducing signals can be transduced through intrinsic and extrinsic pathways to activate the initiator caspases.
The intrinsic pathway is initiated by cellular stress, such as DNA damage, hypoxia, or oxidative stress. These stress signals can activate the tumor suppressor p53, which in turn induces the expression of pro-apoptotic proteins such as Bax, Bak, and Puma. These proteins induce the release of cytochrome c from the mitochondria, which binds to Apaf-1 to form the apoptosome complex. The apoptosome complex recruits and activates initiator caspase-9, which then cleaves and activates the effector caspases-3, 6, and 7. This results in the cleavage of various cellular substrates, leading to the characteristic morphological and biochemical changes seen in apoptosis.
The extrinsic pathway, on the other hand, is initiated by extracellular signals such as cytokines, death ligands, or immune receptors. These signals bind to their respective receptors on the cell surface, which then activate caspase-8 through the recruitment of adaptor proteins such as FADD. Caspase-8 can also directly cleave and activate the effector caspases, leading to apoptosis. In some cases, the extrinsic pathway can also activate the intrinsic pathway through the cleavage of the pro-apoptotic protein Bid, which then translocates to the mitochondria and induces cytochrome c release.
In summary, apoptosis-inducing signals can transduce through both intrinsic and extrinsic pathways to ultimately activate the initiator caspases. These pathways intersect at various points and can crosstalk, leading to a coordinated and regulated cell death process.
If the form for producing e-stored information is not indicated in the request, the responding party must state _____________________________________________
Answers
If the form for producing e-stored information is not indicated in the request, the responding party must state the form in which it intends to produce the information.
This requirement ensures that both parties are aware of the format in which the electronically stored information (ESI) will be provided.
The form of production refers to how the ESI will be presented and delivered to the requesting party. It can include various formats such as paper printouts, electronic files, or access to online databases. By stating the intended form of production, the responding party clarifies the logistics and technical aspects of fulfilling the request.
This requirement is important because the form of production can have practical implications for both parties. It affects the ease of reviewing and analyzing the ESI, the ability to search and manipulate data, and the cost and efficiency of the production process. By explicitly stating the intended form of production, the responding party promotes transparency, reduces potential disputes, and allows the requesting party to assess the feasibility and compatibility of the provided format with their own systems and needs.
Overall, the requirement to state the form of production when it is not indicated in the request ensures clarity, facilitates effective communication, and enables both parties to proceed with the discovery process in a fair and efficient manner.
For more such information on: information
https://brainly.com/question/24553900
#SPJ11
Discuss why an outwards shift of the PPC is not always good for the economy.
Answers
An outward shift of the production possibilities curve (PPC) typically indicates increased production capacity in an economy.
Why the outwards shift of the PPC is not always good for the economy.However, this may not always be beneficial for several reasons. Resource constraints, opportunity costs, quality of production, environmental impact, and unequal distribution of benefits are factors that can hinder the positive effects of an outward shift.
It is important to consider these factors to ensure sustainable and equitable economic growth.
Read more on PPC here https://brainly.com/question/28193924
#SPJ1
PLEASE HELP!!!!!
Making a Purchase
1. Identify a consumer want or need for you or your family.
2. Explain which consumer strategies you will use to find the product or service that will best meet this want or need and why you have chosen them.
3. Describe each stage of the buying process for this item.
4. Identify the federal and/or local consumer protection agency that is best equipped to handle any potential consumer complaint that results from this purchase and explain how this agency could help you
Answers
Answer:
Consumer Want or Need: My family wants to purchase a new refrigerator because our current one is old and does not function properly.
Consumer Strategies: To find the best product to meet our need, we will use several consumer strategies, including:
a
b. Store Visits: We will visit different appliance stores to see the refrigerators in person and ask questions from the sales representatives. This strategy will help us assess the physical features and functionalities of the refrigerators and enable us to make informed decisions.
c. Recommendations: We will ask for recommendations from friends and family who have purchased refrigerators recently. This strategy will help us gain valuable insights and advice from people we trust.
Buying Process:
a. Need Recognition: The need recognition stage involves identifying the problem or need that the refrigerator will address. In this case, our old refrigerator is no longer functioning correctly.
b. Information Search: During this stage, we will use the consumer strategies mentioned above to gather information about the different types of refrigerators available, their features, and prices.
c. Evaluation of Alternatives: We will compare the features and prices of the refrigerators we have researched and visited in person to evaluate the alternatives that best meet our needs.
d. Purchase Decision: Once we have evaluated the alternatives, we will make a purchase decision based on our evaluation criteria, including quality, price, and availability.
e. Post-Purchase Evaluation: After purchasing the refrigerator, we will assess its performance to ensure that it meets our expectations.
Consumer Protection Agency: In case of any potential consumer complaint resulting from this purchase, the best-equipped federal agency to handle the issue is the Federal Trade Commission (FTC). The FTC is responsible for protecting consumers from fraudulent, deceptive, and unfair business practices. In the event of a dispute, the FTC could help us file a complaint against the manufacturer or retailer and take appropriate action to resolve the issue. The FTC can also provide valuable advice on consumer rights and protections. Locally, we may also contact our state Attorney General's office, which has similar functions and responsibilities for consumer protection.
Explanation:
This answer explains how to identify a consumer's want or need, the strategies to find the best product or service, the stages of the buying process, and the appropriate consumer protection agency.
Explanation:Consumer Want or Need: An example of a consumer want or need for my family is a new laptop.
Consumer Strategies: To find the best laptop, I would use consumer strategies such as conducting online research, reading reviews, comparing prices and specifications, and seeking recommendations from friends or experts.
Stages of the Buying Process: The stages of the buying process for a laptop would include problem recognition (realizing the need for a new laptop), information search (researching different brands and models), evaluation of alternatives (comparing features, prices, and warranties), purchase decision (selecting and buying the chosen laptop), and post-purchase evaluation (assessing the laptop's performance and satisfaction).
Consumer Protection Agency: In the United States, the Federal Trade Commission (FTC) is the federal consumer protection agency that can handle potential consumer complaints resulting from this laptop purchase. The FTC can investigate deceptive or unfair business practices, provide educational resources, and take legal action if needed.
Learn more about Consumer want or need here:https://brainly.com/question/33511371
#SPJ11
What are the most common types of A/B tests you can run? Select all that apply. CTA Email Chatbots Landing Page
Answers
The most common types of A/B tests that one can run are CTA, Email, and Landing Page. Let us understand each of these and how the A/B testing can be performed on them.
This test is usually performed by randomly assigning users to one of the two groups: a control group and a test group. The control group is shown the original or current version while the test group is shown the new or updated version. The goal of A/B testing is to identify which version performs better. CTA- Call to Action CTA or Call-to-Action is a marketing term that refers to the desired action that a user should take on a website or landing page. The most common types of A/B tests are CTA, Email, and Landing Page.
To know more about marketing refer :
https://brainly.com/question/25492268
#SPJ11
What are the factors of production involved in starting a business?
Answers
Answer:
land, labor, capital, and entrepreneurship.
Explanation:
Factors of production are resources that are the building blocks of the economy; they are what people use to produce goods and services. Economists divide the factors of production into four categories
9. The controlling function of management could also be described as (1 point)
supervision.
O accounting
O oversight
O evaluation
Answers
Answer:
D) evaluation
Explanation:
took the test
What is the approximate LM relation, of a closed economy, if the central bank sets both an interest rate i = 0.04, and inflation expectations +1 = 0.02? Consider the following equations which describe the closed economy from 4. and derive the IS relation: C = 100+ 0.75Y, I = 400+ 0.15Y - 1000 (r + x), G = T= 300, and x = 0.03. Solve the IS-LM model, from 4. and 5., for the equilibrium level of output, consumption and investment.
Answers
L = kY - hi is the given LM equation .The LM equation when Interest rate is 0.04 and Inflation rate is 0.02; LM equation- Ky=hi Ky=hiKy =0.004.
L in the LM equation stands for real money demand, Y for income, i for interest rate, k for real money demand's sensitivity to income, and h for real money demand's sensitivity to interest.
The IS equation is Y=C+I+GY
=100+0.75YD+400+0.15Y-1000(r+x)+300Y
=100+0.75(Y-300)+400+0.15Y-1000(r+0.03)+300Y
=100+0.75Y-225+400+0.15Y-1000r-30+300Y
=545+0.90Y-1000rY-0.9Y
=545-1000r0.1Y
=545-1000rY
=5450-10000r
The equilibrium Level of output:
Y=C+I+GY
=100+0.75YD+400+0.15Y-1000(r+x)+300Y
=100+0.75(Y-300)+400+0.15Y-1000(0.04+0.03)+300Y
=100+0.75Y-225+400+0.15Y-70+300Y
=505+0.90YY-0.9Y
=5050.1Y =505Y=1010
Consumption: C=100+0.75(Y-T)
=100+0.75(1010-300)
=100+532.5
=632.5
Investment:- I=400+0.15Y-1000(0.04+0.03)I
=400+0.15(1010)-70I
=400+151.5-70I
=481.5
To learn more on LM equation , here:
https://brainly.com/question/31483397
#SPJ4
Tommy agrees to buy a house for $84,500. He pays $2,000 as earnest money and obtains a new mortgage loan for $67,600. The purchase contract provides for a Mar. 15 settlement. Tommy and the sellers prorate the present year's real estate taxes of $1,880.96, which have been paid. The buyer is responsible for the day of closing. Tommy has additional closing costs of $1250. Using the "actual number of days" method, how much cash must Tommy bring to the settlement?
Answers
Answer: $17,654.97
Explanation:
In order to solve the question, the first thing to do is to count the number of days from March 15 to Dec. 31. In this case, we will have 292 days.
Then we get the daily rate which will be:
= $1,880.96/365
= $5.153.
Then, we multiply the daily rate of $5.153 by the number of days which will be:
= $5153 × 292 days
= $1,504.97.
Then, we calculate the down payment, which will be:
= $84,500 - $67,600
= $16,900
We then deduct the $2,000 that has already been paid. This will be:
= $16900 - $2000
= $14900
Adding together all the values then the total cash that Tommy must bring to the settlement will be:
= $14900 + $1,504.97 + $1,250
= $17,654.97
Carmen Co. can further process Product ) to produce Product D. Product) is currently selling for $19,30 per pound and costs $14.50 per pound to produce. Product D would sell for $39.25 per pound and would require an additional cost of $8.00 per pound to produce The differential cost of producing Product Dis Oa 1040 per pound Ob. 55.16 per pound Oc. $6.00 per pound Od $10.32 per pound Carmen Co. can further process Product 1 to produce Product D. Product 1 is currently selling for $19.30 per pound and costs $14.80 per pound to produce. Product D would sell for $39.25 per pound and would require an additional cost of $8.00 per pound to produce. The differential cost of producing Product Dis Oa. $60 per pound Ob. 55.16 per pound Oc 16 per pound Od. 110.32 per pound Carmen Co. can further process Product I to produce Product D. Product J is currently selling for $19.30 per pound and costs $14.80 per pound to produce. Product D would sell for $39.25 per pound and would require an additional cost of $8.60 per pound to produce. The differential cost of producing Product Dis Oa. 58.60 per pound Ob. 15.16 per pound Oc. $6.08 per pound Od. $10.32 per pound
Answers
The correct answer is option-C. Differential cost refers to the difference between the cost of producing two different products. The formula for differential cost is: Differential Cost = (Cost of Producing Product A) - (Cost of Producing Product B).
For Carmen Co., the differential cost of producing Product D from Product 1 is $5.50 per pound ($14.80 cost of producing Product 1 - $8.00 additional cost of producing Product D).
The differential cost of producing Product D from Product J is $8.60 per pound ($14.80 cost of producing Product J - $8.60 additional cost of producing Product D).
To determine the best choice for Carmen Co., the incremental revenue and cost must be considered. The incremental revenue is the additional revenue that Carmen Co. would earn by producing Product D instead of Product 1 or Product J. The incremental cost is the additional cost that Carmen Co. would incur to produce Product D instead of Product 1 or Product J.
The incremental revenue and cost can be calculated as follows: Incremental Revenue = Selling Price of Product D - Selling Price of Product 1 or J. Incremental Cost = Additional Cost of Producing Product D from Product 1 or J.
Comparing the incremental revenue and cost for both options, Carmen Co. should produce Product D from Product 1 because it has a higher incremental revenue and lower incremental cost than producing Product D from Product J.
Therefore, the correct answer is option-C.
For more question on revenue
https://brainly.com/question/14510611
#SPJ8
the difference between the lowball strategy and the bait and switch tactic is
Answers
The difference between the lowball strategy and the bait-and-switch tactic is that the lowball strategy involves offering an attractive deal initially and then changing the terms unfavorably after the consumer has committed, while the bait-and-switch tactic involves advertising a desirable product at a low price to attract customers, only to reveal that the advertised product is unavailable and then pushing for the sale of a more expensive or less desirable alternative.
The lowball strategy involves advertising a product or service at an exceptionally low price to attract customers, but then revealing additional costs or fees that significantly increase the final price. This strategy can be used to create a sense of urgency or excitement in customers, but it can also be misleading and unethical if the additional costs are not disclosed upfront.
For example, a car dealership may advertise a new car at a very low price to attract customers, but then reveal that the advertised price only applies to a limited number of cars and that additional fees, such as taxes, dealer fees, or add-ons, will significantly increase the final price.
The bait-and-switch tactic, on the other hand, involves advertising a product or service at a low price to attract customers, but then attempting to sell a more expensive product or service instead. This tactic can be illegal and unethical if the business intentionally misleads customers, such as by advertising a product that is not actually available, or by pressuring customers into purchasing a more expensive product or service.
For example, a retailer may advertise a popular product at a low price, but then claim that it is sold out or unavailable when customers arrive at the store, and then try to sell a more expensive alternative instead.
Learn more about Unethical: https://brainly.com/question/9740334
#SPJ11
What two factors influence an economic school of thought?(1 point)
Answers
Answer:
Free-market, or laissez-faire, economics and Keynesian theory.
Explanation:
The economic school of thought can largely be influenced by prevailing societal values and the historical context in which the theory is developed.
There are many factors that might influence an economic school of thought, but the two key elements are often prevailing societal values and historical context. Prevailing societal values can drastically influence an economic philosophy.
Furthermore, the historical context in which an economic thought emerges is crucial. Economists develop their theories in response to the economic challenges and realities of their time. The Great Depression deeply influenced Keynesian economics, and the stagflation of the 1970s prompted a shift towards monetarism.
Learn more about the Economic School of Thought here:
brainly.com/question/4537767
#SPJ2
the amount of unemployment that the economy normally experiences is known as
Answers
Answer:
The natural rate of unemployment.
describe reasons and steps you would take to implement safe for an organization. also, what insights led you to believe that these might work and why is this a sustainable competitive strategy?
Answers
Implementing safety measures in an organization involves conducting risk assessments, developing comprehensive safety policies and procedures, and providing regular training to employees.
Implementing safety measures in an organization is crucial to protect the well-being of employees, safeguard company assets, and ensure regulatory compliance. To achieve this, the following steps should be taken:
1. Conduct risk assessments: Begin by identifying potential hazards and assessing the level of risk associated with each. This can involve inspecting work areas, reviewing accident reports, and engaging employees in the process to gain valuable insights. By understanding the risks, appropriate preventive measures can be implemented.
2. Develop safety policies and procedures: Create clear and concise safety policies that outline the organization's commitment to maintaining a safe work environment. Establish procedures for reporting incidents, handling emergencies, and addressing potential safety hazards. These policies and procedures should be communicated effectively to all employees to ensure compliance.
3. Provide regular training: Training sessions should be conducted regularly to educate employees about safety protocols and best practices. This includes training on emergency response procedures, proper use of equipment, and awareness of potential workplace hazards. Ongoing training ensures that employees are well-informed and equipped to prioritize safety in their daily tasks.
By implementing these steps, an organization demonstrates its commitment to prioritizing the safety of its employees and stakeholders. It not only reduces the risk of accidents and injuries but also fosters a culture of safety, which can lead to increased productivity, employee satisfaction, and overall organizational success. Moreover, by complying with safety regulations and industry standards, the organization can mitigate legal and financial risks associated with non-compliance.
Learn more about safety measures
brainly.com/question/29797118
#SPJ11