which dimension of the marketing mix provides a type of logistics utility?
Answers
The dimension of the marketing mix that provides a type of logistics utility is "Place", which refers to the distribution channels and logistics networks used to get the product or service to the customer.
Logistics utility refers to the value or benefit that is provided to customers through the effective management of logistics and distribution channels. This can include benefits such as faster delivery times, more convenient shipping options, and better inventory management.
The "Place" dimension of the marketing mix is responsible for managing the logistics and distribution channels that allow the product or service to reach the customer. By effectively managing these channels, marketers can provide logistics utility to customers by ensuring that the product is delivered to them in a timely, efficient, and convenient manner.
For example, a company that uses a network of warehouses strategically located near major markets and transportation hubs can provide faster delivery times and more reliable inventory management, which can be a source of competitive advantage in the marketplace.
Similarly, companies that offer a range of shipping options, such as same-day or next-day delivery, can provide customers with greater convenience and flexibility, which can also be a source of competitive advantage.
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Related Questions
To increase revenue, a company could
O A. refuse to accepts checks
O B. accept only debit card purchases
O C. allow customers to pay with credit
OD. allow only cash purchases
Answers
A company could C. allow customers to pay with credit, which would boost revenue.
How Do You Accept Credit Cards?Keeping a close eye on cash flow is essential when running a small business. Including credit cards as a payment option is one way to make it easier for money to flow into and out of your business. Providing credit card payment options to customers can cut down on the stress of managing cash flow and reduce the amount of time spent waiting for checks. If your company does not yet accept credit card payments, it may be simpler than you think to do so.
There are a number of benefits to offering credit card payment options to your customers that could help your business grow. Accepting credit cards has numerous advantages, as stated by the National Federation of Independent Businesses.
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What type of investment is sector investments
(ex: stock, CD, mutual fund, bond, etc.)
Answers
Mutual funds and exchange-traded funds that focus on a particular market or industry are referred to as sector funds or speciality funds. These funds use a tailored strategy and limit their investments to businesses operating in particular economic sectors.
What is investment?Investments are financial commitments made to acquire assets in the hopes that their value would rise over time. Investment necessitates the loss of a current resource, such as time, money, or effort. In the world of finance, investing is done in order to profit from the asset being put to use.
Investing is a successful approach to use your money and possibly increase your fortune. The power of compounding and the trade-off between risk and return are the main reasons investment has a higher growth potential.
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If average household income increases by 10%, from $50,000 to $55,000 per year, the quantity of rooms demanded at the Triple Sevens from rooms per night to rooms per night. Therefore, the income elasticity of demand is , meaning that hotel rooms at the Triple Sevens are . If the price of a room at the Exhilaration were to decrease by 10%, from $250 to $225, while all other demand factors remain at their initial values, the quantity of rooms demanded at the Triple Sevens from rooms per night to rooms per night. Because the cross-price elasticity of demand is , hotel rooms at the Triple Sevens and hotel rooms at the Exhilaration are . Triple Sevens is debating decreasing the price of its rooms to $175 per night. Under the initial demand conditions, you can see that this would cause its total revenue to . Decreasing the price will always have this effect on revenue when Triple Sevens is operating on the portion of its demand curve.
Answers
Answer:
Some numbers are missing, so I looked for similar questions:
If average household income increases by 10%, from $50,000 to $55,000 per year, the quantity of rooms demanded at the Triple Sevens from 300 rooms per night to 350 rooms per night. Therefore, the income elasticity of demand is , meaning that hotel rooms at the Triple Sevens are .
income elasticity of demand = % change in quantity demanded / % change in income
income elasticity of demand = 16.7% / 10% = 1.67, since it is positive, then they are normal goods, and since their IED ≥ 1, they can also be considered luxury goods.
If IED is negative, that means that a good is an inferior good, since the more you earn, the less you consume.
If the price of a room at the Exhilaration were to decrease by 10%, from $250 to $225, while all other demand factors remain at their initial values, the quantity of rooms demanded at the Triple Sevens from 300 rooms per night to 200 rooms per night. Because the cross-price elasticity of demand is , hotel rooms at the Triple Sevens and hotel rooms at the Exhilaration are .
Cross price elasticity of demand = % change in quantity demanded of Triple Sevens hotel rooms / % change in price of Exhilaration hotel rooms
Cross price elasticity of demand = -33.33 / -10% = 3.33
Triple Sevens hotel and Exhilaration hotel are substitutes since their cross price elasticity is positive.
Triple Sevens is debating decreasing the price of its rooms to $175 per night (from $200). Under the initial demand conditions, you can see that this would cause its total revenue to . Decreasing the price will always have this effect on revenue when Triple Sevens is operating on the portion of its demand curve.
original revenue before change in price = $200 x 150 rooms = $30,000
revenue after decreasing price = $175 x (150 x 1.1667) = $175 x 175 rooms = $30,625
total revenues will increase by $625, this happens because Triple Sevens hotel is operating on the elastic portion of the demand curve.
an advantage that the competition cannot copy is a ______.
Answers
Pls mark be brainliest if possible
An insurance premium is...
Answers
Answer:
a monthly payment that ensures insurance coverage for a person.
Explanation:
An insurance premium paid on an insurance policy is referred to as a periodic payment made at regular intervals or in lump sum in order to insure the mishappening of an event against which such insurance has been taken.
What is the significance of an insurance premium?An amount, which is paid against the insurance of claim for mishappening of a particular event, is known as an insurance premium. The frequency of payment of an insurance premium is fixed and predetermined. Non-payment of insurance premium may lead to cancellation of policy.
An insurance premium is like a small proportion of the insured amount made against such event. It is worth to be noted that the payment of insurance premium paid can never be more than the actual amount insured by a person.
Therefore, the significance of an insurance premium has been aforementioned.
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Subject: Accounting
Please answerr
On 1 May Sally owed William $400. On 21 May she purchased goods, list price $1440, subject to a trade discount of 25%. She returned one third of these goods on 24 May.How much did Sally owe William on 31 May? Include working.
A $630 B $720 C $1030 D$1120
Answers
Answer:
D) $1120
Explanation:
The goods Sally purchase were $1440, and with the 25% discount, she would have paid $1080, because 25% of $1440 is $360. Since she returned 1/3, she would have only spent $720, because $1080/3 is also $360. $720+$400 from the beginning would be $1120
Answer:
l believe the answer is a
Last year a business had fixed costs of £875,000 and revenue of 2.5 million. The business had total variable coats of 50,000 and sold 100,000 units. Calculate the total costs of the business last year
Answers
Answer:
Total cost of the business = £925,000
Explanation:
Solution:
Data given:
Fixed cost = £875000
Revenue generated = 2.5 million
Total variable cost = 50,000
Units Sold = 100,000
What is the total cost of the business = ?
Formula for total cost of the business is:
Total Cost = Total Fixed Cost + (Average variable cost per unit x units produced)
Here we have, Total variable cost not the average variable cost per unit.
So,
Average variable cost per unit = Total variable cost/ units produced
Average variable cost per unit = 50,000/100,000
Average variable cost per unit = 1/2 = £0.5 per unit.
Now,
Total cost of the business = Total Fixed Cost + (Average variable cost per unit x units produced)
Let's plug in the values.
Total cost of the business = 875,000 + (0.5 x 100,000)
Total cost of the business = £925,000
how do marketers use data to develop promotional strategies?
Answers
Marketers use data to develop promotional strategies by gathering information about their target audience, competitors, and market trends.
They collect this data from various sources, including surveys, social media, website analytics, customer feedback, and market research.
By analyzing this data, marketers can gain insights into their customers' behavior, preferences, and needs, which helps them create more effective promotional campaigns.
Marketers can also use data to track the success of their campaigns and make adjustments to improve their performance.
One way marketers use data to develop promotional strategies is by creating buyer personas. A buyer persona is a fictional representation of the ideal customer for a company's products or services.
To create a buyer persona, marketers gather data on their customers' demographics, interests, behaviors, and pain points. This information helps them understand their customers' needs and create targeted marketing messages that resonate with them.
Marketers also use data to analyze their competitors and market trends. By tracking their competitors' marketing strategies, messaging, and pricing, marketers can identify gaps in the market and find new opportunities to differentiate their brand.
They can also use data to monitor market trends and stay up-to-date with changes in consumer behavior and preferences.
Overall, data plays a critical role in helping marketers develop promotional strategies that are effective, targeted, and relevant to their customers.
By leveraging data, marketers can gain a deeper understanding of their target audience, competitors, and market trends, which helps them create more impactful campaigns and drive business results.
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What is one disadvantage of using credit? A. It can be tempting to overspend. B. It is not convenient. C. It never offers special advantages. D. It is extremely difficult to find places that use credit.
Answers
Answer:
A. It can be tempting to overspend.
Explanation:
rship
If two or more people own a business equally, it is called a
O corporation
O sole proprietorship
O partnership
O limited liability company
Answers
Answer:
Partnership
Explanation:
A partnership is a formal arrangement by two or more parties to manage and operate a business and share its profits.
If your auto coverage was 60/100/30, how much money would cover bodily injury liability for an accident with multiple people? *
Answers
Answer:
$100,000
Explanation:
the coverage of the insurance policy is as follows:
bodily injury per person = $60,000 maximumbodily injury per accident = $100,000 maximumproperty damage per accident = $30,000 maximumIn the case of an accident involving multiple people, the maximum coverage for bodily injury liability is $100,000
A brand of balsamic vinaigrette salad dressing is a red liquid that is consistent throughout in color and texture with an ingredients list that includes water and acetic acid. Based on the information provided, how should the balsamic vinaigrette be classified?.
Answers
Based on the information provided, the balsamic vinaigrette salad dressing should be classified as a homogeneous mixture.
A homogeneous mixture is a combination of two or more substances that appear uniform throughout, with the same composition and properties in every part of the mixture. In this case, the balsamic vinaigrette salad dressing is described as a red liquid that is consistent in color and texture throughout. This indicates that the ingredients, including water and acetic acid, are well-mixed and distributed evenly, resulting in a uniform appearance and texture.
The fact that the balsamic vinaigrette dressing has a consistent color and texture throughout suggests that the ingredients are dissolved or dispersed evenly, creating a homogeneous mixture. This is in contrast to a heterogeneous mixture, where the components are not uniformly distributed and can be visually distinct or separate.
Therefore, based on the provided information, the balsamic vinaigrette salad dressing can be classified as a homogeneous mixture due to its consistent red color and texture, indicating a uniform composition and distribution of the ingredients.
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Which of the following statements comparing exponential smoothing to the weighted moving average technique is TRUE?
A) Exponential smoothing is more easily used in combination with the Delphi method.
B) More emphasis can be placed on recent values using the weighted moving average.
C) Exponential smoothing is considerably more difficult to implement on a computer.
D) Exponential smoothing typically requires less record keeping of past data.
E) Exponential smoothing allows one to develop forecasts for multiple periods, whereas the weighted moving average technique does not.
Answers
More emphasis can be placed on recent values using the weighted moving average technique compared to exponential smoothing. Option B.
Exponential smoothing and weighted moving average are both popular techniques used in forecasting time series data. However, they have distinct characteristics and differences.
In exponential smoothing, more weight is given to recent data points, while older data points are gradually given less weight. This characteristic allows exponential smoothing to be more responsive to recent trends and changes in the data. It captures short-term fluctuations and adjusts forecasts accordingly.
On the other hand, the weighted moving average assigns equal weights to a specified number of past observations, which means it does not give more emphasis to recent values. Therefore, statement B is true.
Regarding the other statements:
A) Exponential smoothing can be used with the Delphi method, but it is not inherently more easily used in combination with it. This statement is not universally true.
C) Exponential smoothing is not considerably more difficult to implement on a computer compared to the weighted moving average. Both techniques are relatively straightforward to implement computationally.
D) Exponential smoothing typically requires more record keeping of past data since it relies on previous observations and smoothing factors. The weighted moving average, on the other hand, only requires a specific number of past values to be stored.
E) Exponential smoothing and weighted moving average can both develop forecasts for multiple periods. Exponential smoothing can be extended to forecast multiple periods ahead, and the weighted moving average can be adjusted to include more past values to forecast further into the future.
In summary, statement B is the true statement as more emphasis can be placed on recent values using the weighted moving average technique. So Option B is correct.
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Drag each label to the correct location on the image.
Match the different activities of a company to the following two categories of the Porter's value chain model.
human resources
inbound logistics
technology development
procurement
operations
marketing and sales
Primary Activities
Secondary Activities
Answers
Answer:
The answer is below:
Explanation:
Given that Porter's Value Chain is a term that describes a carefully designed management tool that categorizes a firm's activities into various practical levels or areas of expertise. Such that the overall cost of each category of operations can be determined and altered if necessary.
Therefore, the different activities of a company to the following two categories of Porter's value chain model are:
Primary activities:
1. inbound logistics
2. operations
3. marketing and sales
Secondary activities
1. technology development
2. procurement
3. human resources
which provision in a health insurance policy explains the circumstances under which the insurance company can end your health insurance policy? multiple choice cancellation and termination assigned benefits coordination of benefits exclusions and limitations guaranteed renewable
Answers
The provision in a health insurance policy that explains the circumstances under which the insurance company can end your health insurance policy is "cancellation and termination".
The provision in a health insurance policy that explains the circumstances under which the insurance company can end your health insurance policy is "cancellation and termination." This provision outlines the reasons why the insurance company may cancel or terminate your policy, such as non-payment of premiums, misrepresentation of information, or fraud.
It is important to carefully review this provision when selecting a health insurance policy, as it can have significant implications for your coverage and financial well-being. Another important provision to consider is "guaranteed renewable," which ensures that your policy cannot be canceled or non-renewed due to changes in your health status.
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The Italy can produce 20 Gas turbines and 60 Tyres. France can produce 80 Gas turbines and 30 Tyres.
a). What is the opportunity
cost of producing Gas turbines in Italy? ______ tyres.
b). What is the opportunity cost of producing Tyres in
France ? _______ Gas turbines.
Answers
Answer:
1. 60 Tyres
2. 80 Gas Turbines
Explanation:
Given that the Opportunity cost is an economics term that is used in describing the cost of an alternative that must be forgone to continue or proceed with a certain activity.
Hence, in this case, considering the available information in the question, the correct answer is that the opportunity cost of producing Gas turbines in Italy is 60 Tyres.
At the same time the opportunity cost of producing Tyres in France 80 Gas turbines.
Consumer education increases the likelihood of a product purchase true or false
Answers
i have a few questions about finance. PLease answer correctly and completely! thx
Which product is an example of perfect competition?
A.
food grains where products are homogeneous
B.
computers, where there are many competitors with slightly differentiated products
C.
aerated cold drinks, where there are two competitors
D.
bicycles, where buyers and sellers have some control over the price
E.
gold where there is only one seller
The database of Aster Corp. was hacke.d and confidential data was leaked to its competitors. This resulted in a huge financial loss and a loss of goodwill for the company. What is this business risk known as?
A.
operational risk
B.
exchange risk
C.
political risk
D.
expansion risk
E.
survival risk
Answers
Answer 1:
B is the answer.
Computers where there are many competitors with slightly differentiated products.
Explanation:
A market is characterized as a Perfect Competition where there are many buyers, many sellers and the products are either homogenous or slightly differentiated. There is also perfect knowledge about all the products and the nonexistence of monopoly. That is, no player in the market has leverage over which they can manipulate prices in their favor.
Answer 2:
A is the correct answer.
Operational Risk.
Explanation:
When there is the possibility for a loss arising from a dysfunctional internal process(es), inefficient employee(s), or even from external events, with a link to the internal dynamics of a company, the business is said to be exposed to Operational Risks.
Answer 3:
When there is an increase in interest rate, the following takes place:
Businesses shy way from borrowing from the bank(due to the loss of leverage or increased cost of borrowing when they do) Production Cost increasesWhen production costs increase prices of finished goods increasesthe above leads to a decrease in demand for finished goodsand ultimately Consumer spending goes downCheers
anyone know about the air force like seriously anything?
Answers
Answer:
Pararescue is a dangerous job because you are ordered to put your life on the line to save someone else's. Even a slight malfunction in a parachute can have deadly consequences for the airman, as reported by the Air Force Times in 2020, a longstanding source of Air Force news.
common misconception about entrepreneurship
Answers
Answer:
1. Entrepreneurs can only be successful if they have large funding backing them.
2. Entrepreneurs have cushy hours.
3. Entrepreneurs have to do everything themselves.
5. Entrepreneurs have to take huge risks.
7. Entrepreneurs are never stressed out.
8. Entrepreneurs are all wealthy.
9. Entrepreneurs are their own boss.
10. Entrepreneurs have more personal time.
Which statement most accurately describes a conflict of commitment? It involves a monetary gain by one party over another party. It occurs when outside activities interfere with one’s responsibilities to an employer. It occurs when an institution does not follow the financial rules from a funding source. It can only occur between an institution and an outside organization.
Answers
Answer:
It occurs when outside activities interfere with one's responsibilities to an employer
Explanation:
Conflict of commitment occurs when the commitment of an employer to a defined terms of employment is shared with other engagements, either personal or with other parties which could lead to a decline in efficiency due to loss of maximum concentration.
This may not necessarily involve monetary gain but has a whole lot of ways through which it can affect productivity as concentration is shared.
It is always good to define activities that constitute conflict of commitment right from the time of forming an employment contract so that an employee can be guided with it.
Describe how the language and the culture you grew up with, play a role in your communication styles?
Answers
a monopolistically competitive market is characterized by: a. a few firms producing either differentiated or identical products. b. many small sellers selling a differentiated product. c. very high barriers to entry. d. a single seller of a unique product that has few or no substitutes. e. many small sellers selling an identical product.
Answers
A monopolistically competitive market is characterized by a few firms producing either differentiated or identical products.
This means that there are a limited number of firms operating in the market, but each firm offers a slightly different product to differentiate itself from its competitors. These differences can be in terms of quality, features, design, or brand name. In this type of market, firms have some degree of control over the price they charge, but they face competition from other firms producing similar products.
Unlike a monopoly, there are no high barriers to entry in a monopolistically competitive market. New firms can enter the market relatively easily, although they may face some challenges in establishing their brand and competing with existing firms. This means that firms in a monopolistically competitive market must continually innovate and differentiate their products to stay ahead of the competition.
Overall, a monopolistically competitive market is characterized by a limited number of firms producing differentiated or identical products, with no significant barriers to entry. This creates a dynamic and competitive market where firms must continually innovate to stay ahead of the competition and attract customers.
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Match each type of tax with an example of its use.
category 1:
Property Tax
Capitol gains tax
Personal income tax
category 2:
□ 1% charged on the value of a home.
□ 20% charged on wages earned.
□ 2% charged on profits from selling a house.
Answers
Answer:
Hmm What do you. mean?
Explanation:
What is importing? please help
Answers
Mary loves to collect stickers. She has 7 sticker books. Each book has 87 stickers. What is a reasonable estimate for the total number of stickers? PLEASE I NEED HELP
Answers
Based on the number of sticker books that Mary has, a reasonable estimate for the total number of stickers is 609 stickers
How many stickers in total?There are 7 books for stickers that Mary has to collect the stickers she loves.
Each of the books holds around 87 stickers. The total number of stickers that Mary has as a reasonable estimate is:
= Number of sticker books x Number of stickers per book
Solving gives:
= 7 x 87
= 609 stickers
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!!PLEASE!!
Based on the US ASPE chart, if you are a three-person family, what income would you need to be considered below the poverty guideline?
A) $33,000
B) 45,000
C) $22,000
D) $27,000
Answers
Option C is correct.
$22,000 income would you need.The poverty line is the money required to maintain the bare necessities of life. The poverty line is the sum of money required for a person to meet his basic needs.
What is a living wage?The money needed to maintain the bare necessities of life is considered the poverty line. A person's fundamental requirements must be met before they fall below the poverty line. It is defined as the monetary worth of the products and services required to provide a person's fundamental well-being.
What does "family income below the poverty line" mean?around 27,000 Indian rupees annually The minimum household income required to qualify for benefits from the BPL (Below Poverty Line) list, according to the Union Cabinet's approved methodology, is about Rs. 27,000 annually. If a family's yearly income exceeds Rs. 27,000, it will not be included to the BPL list for that household.
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What is a transnational corporation simple definition?
Answers
Transnational corporation (TNCs) or multinational groups (MNCs) are companies that operate in more than one u . s . a .. Unilever, McDonalds and Apple are all examples of TNCs.
Transnational corporation are the end result of the techniques happening inside the international economic system, leading to the improvement of manufacturing relations, the expansion of the geography of production. They contribute to strengthening the economic globalization and global aggressive members of the family.
McDonald's depend on the equal brand names and the identical center menu gadgets round the world. but make some concessions to nearby tastes too. And this is why McDonalds exhibit a transnational method.
The sector's largest transnational groups (TNCs) are found in 40 overseas countries on common. The geographic insurance in their growing-united states of america counterparts is less extensive as they tend to enlarge specially into neighbouring nations.
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Sheridan Company produces flash drives for computers, which it sells for $20 each. The variable cost to make each flash drive is $13. During April, 650 drives were sold. Fixed costs were $1400 for the month. How much is the monthly break-even level of sales in dollars for Sheridan? $4000 $200 $3250 $13000
Answers
Answer:
$4,000
Explanation:
The computation of break-even is shown below:-
Contribution margin ratio = (SP per unit - VC per unit) ÷ SP per unit
= ($20 - $13) ÷ $20
= 35%
Break-even sales dollars = Total Fixed Costs ÷ Contribution margin ratio
Break-even sales dollars = $1,400 ÷ 35%
= $4,000
Therefore we applied the above formula.
Hence, the break even sales in dollars is $4,000
What else did sharon do to avoid future overdraft fees?.
Answers
To avoid overdraft fee, Sharon signed up for alerts by email and text to know when her account balance is lower than a certain amount.
What is an overdraft?It should be noted that an overdraft simply means a loan that's provided by a bank which allows a customer to pay for bills when the account reaches zero.
In this case, in order for Sharon do to avoid future overdraft fees, we can signed up for alerts by email and text to know when her account balance is lower than a certain amount.
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