Value for Expenses = Revenue – Profit
Expenses = 7700-1900
Expenses = 5800
When an asset is used to produce income, it loses value, and this is what is meant by an Expense. If the underlying asset will be used for an extended length of time, the expense will be deducted ratably over the asset's useful life. It is customary to charge an expense to expense as incurred if it is for something that will be consumed right away, like a salary.
If the cost of the asset purchase falls below the company's capitalization limit, it may be recorded as an Expense. The payment would have been recorded as an expense at a later time, when the asset was used, if the amount paid had exceeded the capitalization limit.
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What are the 7 functions of advertising?
Advertising aims to draw attention to a product or service by emphasising it. There are numerous more applications as well, with commercial advertising being the most common, however it is frequently used to promote a certain good or service.
Define Advertising and Importance of Advertisemet?Real estate is bought as part of the advertising marketing plan in order to promote a good, bad, or abstract idea. The actual promotional messages that are transmitted are called advertisements.An advertising, sometimes referred to as an advert or ad, is typically seen as a form of public discourse that supports a good, service, organisation, or event. Some individuals may believe that the word encompasses all sponsored advertising that aims to inform or persuade, which would mean that it goes even beyond than that.. Advertising is a form of promotional activity that targets a specific audience in an effort to increase interest, engagement, and sales for a good or service. It aims to influence customers to purchase that in a particular manner. In order for customers to visit and test the new product, advertising helps to raise awareness of it.To learn more about Advertising refers to:
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How do banks make money from the loans they give?
The annual interest that banks charge on the money they borrow from consumers. The banks lend out the borrowed cash to individuals while earning interest each year.
Why do banks create money when they make loans?Their source of income is what they refer to as the spread, which is the difference between the interest rates they pay on deposits and the interest rates they get on loans they make. They receive interest payments on the securities they own.
People who lend money to banks are paid interest every year. The banks gain annual interest for lending out the borrowed money to individuals. The interest on that loan should be greater than the interest on the borrowing.
Since all modern money is simply credit, banks are able to literally generate money out of thin air by issuing loans. This misunderstanding might have its roots in the ostensibly miraculous simultaneous creation of entries on both the liability and asset sides of a bank's balance sheet whenever it initiates a new loan.
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a.) A bond is initially bought for $250. It doubles in value every decade. How many decades does it take before the bond is worth more than $10,000
The correct answer is It will take 6 decades does it take before the bond is worth more than $10,000.
Monthly interest is accumulated and compounded every two years. BONDS OF SERIES I ISSUED IN SEPTEMBER 1998 AND SUBSEQUENTLY All Series I bonds mature 30 years after issuance.
Bond valuation formula: Price=(Coupon1+(1+r)nr)+Par Value(1+r)n) Price = (1 + r) n + (Coupon n) n Par Value;
We simply need to determine the current value of the face value in order to determine the value of a zero-coupon bond. Using the previous example as a guide, a bond with a face value of $1,000, a yield to maturity of 3%, and a maturity date of 2 years would be worth $1,000 / (1.03), or $942.59.
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What do you mean by renewable and non-renewable resources and give one example for each?
Renewable resources are resources that can be replenished naturally, such as solar energy, wind energy, and water. Non-renewable resources are resources that cannot be replenished, such as fossil fuels and minerals.
What is Renewable resources?Renewable resources are naturally replenishing resources that can be used in a sustainable manner. Examples of renewable resources include solar energy, wind energy, biomass, geothermal energy, and hydropower. Renewable resources are often seen as a clean and environmentally friendly source of energy.
Examples of renewable resources include solar energy, wind energy, and water. Examples of non-renewable resources include oil, coal, and natural gas.
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Suppose the store wants to earn a daily profit of $150 from the sale of soccer balls. To earn this profit, what price should the store charge for each soccer ball
Each soccer ball should cost either x = 4.532 or x = 12.134.
How to calculate correct price?Simply said, profit is total revenue less total costs. It reveals how much your company made after expenses.
Soccer ball profit
[tex]y=-6x^2 + 100x\ -180[/tex]
Profit required = 150
Formula:
The quadratic equation's quadratic formula is -
[tex]x=\frac{-b+-\sqrt{b^2-4ac} }{2a}[/tex]
In this scenario, $150 in daily earnings is needed.
then Y = 150 in the equation then,
150 = -6x^2 + 100x – 180
Taking 150 to L.H.S. and fliping the sign:
0 = 6x2+100x-180-150
0 = 6x2+100x+330
Solving the new quadratic equation:
[tex]x=\frac{-(-100)+-\sqrt{(-100)^2-4(6)(330)} }{2(6)}[/tex]
[tex]x=\frac{100+-\sqrt{10000-7920} }{12}[/tex]
[tex]x=\frac{100+-\sqrt{x} 2080}{12}[/tex]
Simplifying the radical:
[tex]x=\frac{100+-4\sqrt{130}}{12}[/tex]
[tex]x=\frac{4(25+-\sqrt{130} }{12}[/tex]
[tex]x=\frac{25+-\sqrt{130}}{3}[/tex]
which becomes
x = 4.532
x = 12.134
Consequently, the appropriate cost for each soccer ball would be:
x = 4.532 or x = 12.134
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The full question is,
Suppose the store wants to earn a daily profit of $150 from the sale of soccer balls. to earn this profit, what price should the store charge for each soccer ball? explain how to solve this problem.
A job cost sheet contains ______. Multiple select question. manufacturing overhead costs charged to the job labor costs charged to the job the selling price of the job selling costs charged to the job materials costs charged to the job
Costs of raw materials or components used directly in the production of goods are referred to as direct material costs. For instance, if Company A manufactures toys, the cost of the plastic used to build the toys would be an example of a direct material cost.
Direct material costs are the costs of the components or raw materials utilised directly in the manufacture of goods. A direct material cost may be the price of the plastic needed to make toys, for instance, if Company A makes toys. Direct factory-related expenses spent during product production, such as the price of equipment and the cost of operating that equipment, are included in manufacturing overhead costs. Some indirect costs are also included in manufacturing overhead costs, Materials used in the production process but not directly linked to the final product are referred to as indirect materials. For instance, cleaning materials, glue, oil, tape, etc.
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Yall what do u think my Artist's name should be?
Answer: whatever you think would stick
Explanation:I honestly think ayana is really pretty and if it were up to me I would go with that.
DEPENDS WHAT YOU DO AS AN ARTIST.....do you rap, sing, or do you paint or sum shi.t??? cuz if you rap then we should colab man like fr fr but i think your name should be LEEKY BANDZ....maybe i think......mine was LEEKY BANDZ but ii changed it to Sadboy Junior..you already know what i rap about.
A production line is to be designed for a job with three tasks. The task times are .3 minutes, 1.4 minutes, and .7 minutes. For a single production line with no parallel activities, the minimum cycle time in minutes is:
A production line needs to be planned. The three occupations each have a stated task time of 0.3, 1.4, and 0.7 minutes.
The shortest cycle time equals 1.4 minutes for the longest task.
Which type of production are you referring to?Production is the process of combining various actual and immaterial inputs to create output. In an ideal scenario, this yield would be a good or valuable product or service.
What does production serve to produce?The purpose of industry is to meet the demand for such converted resources. according to the definition of production as the organized activity of changing resources become finished products inside this form of services or goods.
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economics-- multiple choice!
Let's say the federal government decides to establish and run national parks in four states, and one U.S. territory with, struggling economies. What is the most likely reason for the government embarking on this large-scale project?
Control inflation
Expand Medicaid
Combat unemployment
Limit spillover cost
p.s. i have more questions like this on my profile-- please help me with other questions if you can :)
Answer:
combat unemployment?
Explanation:
That seems the likeliest answer compared to the others since national parks provide jobs.
A property owner must spend $10,000 to pave his driveway. Upon completion of construction, his property value will increase by $7,500. In this case the deficiency would be considered to be
A property owner must spend $10,000 to pave his driveway. Upon completion of construction, his property value will increase by $7,500. In this case the deficiency would be considered to be Incurable deterioration.
Even if repairs were done, a sort of depreciation known as incurable deterioration would still be there. Simply said, there is no economic benefit to fixing the item(s) because the expense of repair would be more than the value it would add.
When the cost of fixing a building structure's component exceeds the value of the structure, making the repair uneconomical. For instance, an ancient house's foundation had to be renovated because of significant settling. The constant evolution of cellphone and smartphone technology is another illustration of functional obsolescence in the technology sector.
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A service firm that takes care of all of the logistics requirements for other companies is a: O freight forwarder O contract carrier
O common carrier O third party logistics provider
O third party logistics provider.A service firm that takes care of all of the logistics requirements for other companies is called a third party logistics provider (3PL).
A 3PL firm provides outsourcing services for various logistics functions such as transportation, warehousing, and distribution to other companies. They can also provide additional services like inventory management, order fulfillment, and even packaging. Freight forwarders and contract carriers are also logistics service providers but they are not the same as 3PL. Freight forwarders arrange the transportation of goods and contract carriers provide transportation services under a contract. Common carrier is a type of transportation provider that offers services to the public and is regulated by the government.
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The price of pizza at the county fair increases. What is the impact on hamburgers at the county fair
Since pizza and hamburgers are comparable products, the price reduction of fast-food hamburgers will result in less demand for pizza.
the price that must be paid in order to purchase a specific product. Price is also a measure of value inasmuch as the sum of money people are willing to spend on a commodity symbolises its worth. According to the theory of prices, which is a branch of economics, the link between an item or service's supply and demand determines how much it costs. The price at which potential buyers may fairly consume all of the available goods is known as the optimal market price. The sum of money paid or the amount of compensation offered by one party to another in exchange for products or services is known as a price. The cost of manufacturing might take on numerous names depending on the circumstance.
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Ronda is a college professor who earns an annual salary of $55,000 (paid biweekly). She performs an additional function as a tutor in the student center, for which she receives $21.83 per hour. During a biweekly pay period, Ronda worked 7.5 hours in the student center. What is her gross pay for the period
During a biweekly pay period, Ronda worked 7.5 hours in the student center. Her gross pay for the period will be $2279.11. Hence, option (a) will be considered correct.
What is gross pay?The total amount an employee receives before taxes and other deductions is known as their gross pay. For instance, if your employer pays you a salary of $40,000 per year, that represents a gross wage of $40,000. The biggest amount you see on your pay statement is frequently your gross salary. Based on the agreed-upon compensation or hourly rate, it represents the total sum that your employer pays you. When you work 30 hours in a pay period and your employer agrees to pay you $15 per hour, your gross income comes to $450. In essence, gross pay is the amount you receive before any deductions are made from it. Your real paycheck, or net pay, is the sum remaining after all withholdings have been made.
To solve the question :
Calculation of Gross Pay of Rhonda :
Salary for the biweekly Period = 2115.38 (55000 / 26)
Fees = 163.73 (21.83 × 7.5)
Gross Pay = $2279.11
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The complete question is mentioned below :
Ronda is a college professor who earns an annual salary of $55,000. She performs an additional function as a tuition teacher in the student center, for which she receives $21.83 per hour. During a biweekly pay period, Ronda worked 7.5 hours in the student center. What is her gross pay for the period? (Do not round intermediate calculations. Round final answer to 2 decimal places.) Multiple Choice
a.$2,279.11
b.$2,115.38
c.$2,455.39
d.$2291.67
PLEASE HELP ASAP!! CORRECT ANSWER ONLY PLEASE!!!
Which statement describes the effect of inflation on purchasing power?
A. As the rate of inflation remains constant, purchasing power increases.
B. As the rate of inflation remains constant, purchasing power stays the same.
C. As the rate of inflation increases, purchasing power increases.
D. As the rate of inflation increases, purchasing power decreases.
Answer:
D
Explanation:
So, lets go over what inflation and purchasing power mean.
Inflation is the increase in money of something.
Purchasing power is a persons ability of pruchasing something.
Now, heres an example. A 300 dollar apple phone was quickly being purchased, and apple infalted the price to 600 dollars. Since people can only afford to purchase so much, some might not be able to afford this. This means not as many people can purchase it.
Since the price was raised, this measn the inflaction was increased.
Since the amount of people that could afford the apple phone shrunk, the purchasing power decreased.
So basically, to summarize this:
As the infaltion of an item is increased, the purchasing power is decreased, for less people can afford the higher price.
Answer:
D - As the rate of inflation increases, purchasing power decreases.
Hope this helps!
Answer:
D. As the rate of inflation increases, purchasing power decreases.
Explanation:
Purchasing power decreases because the value of a dollar means less. So now instead of being able to get a drink for a dollar, you will need 2 dollars because the dollar has less value
Consumers benefit from a free ride when they receive goods or services __________. A. at a reduced rate B. without paying for them C. instead of a government loan D. in exchange for community service
Answer:
B
Explanation:
E D G E N U I T Y 2021
The shorter the length of time between a present value and its corresponding future value,
O the higher the interest rate used in the discounting to the present value.
O the higher the present value, relative to the future value.
O the lower the present value, relative to the future value.
O None of these options
The greater the interest rate utilised in discounting to the present value, the shorter the period between a present value and its equivalent future value. So Option A is the correct answer.
The present value is the sum of money that must be spent today to achieve a certain future objective. The amount of revenue that, if invested, will increase over time is known as potential value. The present value of a person is the amount that must be invested in order to achieve their future value.
Business leaders and investors should only finance initiatives or sign into contracts that have a net present value that is in their benefit, according to the net current value rule (NPV). They should refrain from sponsoring projects that have a net present value of zero.
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Which legislation holds current owners responsible for environmental violations committed by previous owners
legislation holds current owners responsible for environmental violations committed by previous owners the National environmental Policy Act.
Legislation is often submitted by a legislator (such as a member of Congress or the Parliament) or the executive branch, after which it is reviewed and frequently amended before being passed. Only a small portion of the proposals introduced during a session are actually passed in the majority of large legislatures. The government's legislative goals typically determine whether a measure is introduced.One of the three primary responsibilities of government, often distinguished in accordance with the idea of the separation of powers, is passing legislation. Legislators are those with the formal authority to enact laws; this authority will typically rest with an executive branch agency (see statutory interpretation).
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If the major airline companies colluded to make consumers pay an additional $50 to be able to carry on luggage, this would be an example of ______
This would be an example of price fixing. A price fixing agreement (written, verbal, or inferred from conduct) among competitors to raise, lower, maintain, or stabilise prices or price levels is referred to as a price fixing agreement.
Horizontal price fixing occurs when competitors agree to raise, lower, or stabilise their prices. For example, a horizontal agreement between two competing fast-food chains that sell hamburgers on the retail price of cheeseburgers is illegal under antitrust laws. Price fixing violates the basic laws of demand and competitors. It provides monopolies with an advantage over competitors. It is not in the best interests of the customers. They raise customer prices, reduce incentives to innovate, and raise entry barriers.
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which phrase best completes the diagram?
a. Real GDP presents a dollar amount adjusted for inflation. b. The income approach to GDP includes consumer expenditures. c. The expenditure approach to GDP includes disposable income.
According to question, the GDP price deflator (index) is calculated by dividing this year's market basket price by the base year's market basket price .
Adjustments for changes in inflation are included in real GDP. This implies that real GDP will be lower than nominal GDP in an inflationary environment and vice versa. Positive inflation leads to a significant nominal GDP inflation without a real GDP correction.
The total value of all goods produced in a nation in a year is measured by both the nominal gross domestic product (GDP) and the real GDP. In contrast to nominal GDP, real GDP is adjusted for inflation. Real GDP is nominal GDP that has been inflation-adjusted. Real GDP is used to measure the growth in production as it actually occurs, free from the impacts of inflation.
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The correct question is :
The GDP price deflator (index) is calculated by dividing:
a) the real GDP by the nominal GDP
b) this year's market basket price by the base year's market basket price
c) national income by the inflation rate
d) income-approach GDP by expenditure-approach GDP
e) private sector expenditures by public sector expenditures
A change in relative interest rates causes investment expenditures to decrease within an economy resulting in a decrease of real GDP from $38,000 to $35,000. What is the percent change in real GDP
The change in the real GDP is -7.89%.
A rate of interest reflects the pace at which current things are preferred over future goods over time. The differential between the interest rate and inflation is used to calculate the real interest rate for an investment. The real interest rate is calculated as the nominal interest rate minus hyperinflation (expected or actual).
The interest rate is subtracted from the inflation rate to arrive at the real interest rate. The rate of interest is equal to the nominal rate of interest less the inflation rate, to put it mathematically. There are two primary categories of interest rates: fixed and adjustable.
Whether your rate of interest can fluctuate is impacted by your decision. Whether and how much of your monthly principal and interest payment is flexible. The interest rate, the efficient interest rate, and the interest rate are the three primary categories of interest rates.
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the unit of purchase of transit advertising is known as a _____.
the unit of purchase of transit advertising is known as a showing.so correct answer is showing.
What does "transit advertising" mean?Transit advertising, often known as advertising on transport, refers to outdoor media shown in or on any form of public transportation. Our exposure to advertising media occurs in (and on) taxis, subway carriages, bus shelters, and train stations. Transit advertising can be defined as an advertising technique in which businesses position their advertisements on and in locations served by public transportation. Advertising on buses and in bus stations is included, as are advertisements on subway vehicles and in subway stations, in taxi cabs, on airplanes, and at airports.
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Discuss the differences between the internal and external leadership roles surrounding self-managed work teams.
The exterior leadership function surrounds the team as a whole, whereas the internal leadership role surrounds each member of the self-managed work team.
Why is leadership so important in business?Business leadership is the capacity of an organization's management to set and achieve challenging objectives, act quickly and decisively when called upon, outperform the competition, and inspire staff to give their all in every task.
Why is leadership so important in business?Effective leadership at work can promote and support teamwork, build a sense of the greater good, arouse motivation and trust, or provide purpose and direction. They are crucial traits to possess because a competent leader can inspire his or her team to work together toward a common objective by bringing out the best qualities in each person. In order to prevent delays, a skilled leader keeps the group engaged and on task.
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What is the goal of marketing ?
Increasing brand exposure, spurring sales growth, generating leads, and cultivating loyalty are the four main objectives of marketing.
1. Increasing Brand Awareness: The main objective of increasing brand awareness is to increase client recognition of a product or service so that they will consider the business providing it when they are seeking for a certain item. Additionally, it contributes to the development of customer and business loyalty and trust.
2. Increasing Sales: Increasing Sales is the objective of promoting Sales Growth. To encourage more people to buy their goods or services, businesses employ a variety of strategies, including promotions, discounts, and marketing campaigns.
3. Lead generation: Finding potential clients who could be interested in a company's products and services is known as lead generation. Businesses employ a variety of strategies to generate leads, including social media marketing, email advertising, and search engine optimization.
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Which of the following costs generally can be traced directly to units of product?
a. Indirect materials and assembly labor
b. Assembly labor
c. Indirect materials
d. Overhead costs
(b) Assembly labor is generally a cost that can be traced directly to units of product.
This is because assembly labor is a direct cost, which means it is directly associated with the production of a specific product or group of products. The cost of assembly labor can be traced to specific units of product by calculating the amount of labor required to produce each unit. Indirect materials and overhead costs, such as indirect materials and overhead costs, are not directly associated with the production of specific products. They are indirect costs, which means they are incurred in the production process but cannot be traced directly to specific units of product. They are typically allocated to products based on a cost driver such as machine hours, direct labor hours, or production output.
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The number of new buinee that opened ha been the ame or over the number that have cloed. Talk about a couple of reaon you think people continue to tart buinee even though the lat few year have been difficult with the hut down, upply chain problem, and runaway inflation
The reasons new business keeps on opening even during difficult economic times are opportunities for potential financial gain, desire for self-employment, and passion for business.
People may continue to start new businesses during difficult economic times for several reasons. They may see it as an opportunity for financial gain, desire for self-employment, changing consumer trends, or pursuing a unique idea or passion. The COVID-19 pandemic has led to many people losing their jobs, driving them to start their own business as a way to gain stability and control over their careers. Additionally, businesses that cater to the new market needs like e-commerce and logistics may have higher chances of success. Entrepreneurs may also see a gap in the market or a new opportunity that they believe they can capitalize on.
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Your question seems to be missing, but I assume the complete question was:
"The number of new business that opened has been the same or over the number that have closed. Talk about a couple of reasons you think people continue to start business even though the last few year have been difficult with the shut down, supply chain problem, and runaway inflation."
One way that marketing mix characteristics differ for organizational buying compared to consumer buying is that for organizational buying Multiple Choice direct selling is avoided. list price is considered firm. advertising and other promotions are technical in nature. distribution is of negligible importance. product quality is assumed among sellers and is rarely a buying criteria.
One way that marketing mix characteristics differ for organizational buying compared to consumer buying is the price is often negotiated.
The marketing mix is the collection of activities, or methods, that a business employs to sell its brand or merchandise. A typical marketing mix is comprised of the four Ps: price, product, promotion, and place.
The "marketing mix," or the strategy you use to introduce a new good or service to the market, can be improved using the four Ps of marketing. To ensure that your offering satisfies a particular client need or demand, it is helpful to identify your marketing alternatives in terms of pricing, product, promotion, and location.
Aids in understanding what benefits your service or item can provide to customers. aids in creating a profitable product offering. aids in the development, planning, and execution of successful marketing initiatives. assists companies in utilizing their strengths and avoiding unnecessary costs.
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What is the force that encourages people and organizations to improve their material well being?
The profit motive encourages people and organizations to improve their material well-being.
That's the argument why people bring about, to make a living and every day a much better way of living, that's the reason for Companies to live, to make a gain. That's why Capitalism is the most profitable system in North America, to allows people to make earnings doing business.
People work to hold substantial effects and deliver money to do numerous conditioning and the companies need to be profitable to repay their plutocrats to investors and possessors. So it's accurate to articulate that The item that describes the force that encourages people and associations to ameliorate material well-being is the profit motive.
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Which of the following are disadvantages of the limited partnership form of a direct participation program?
Size limitations
Illiquidity
Lack of a management voice for limited partners
A)
I and II
B)
I only
C)
II only
D)
II and III
The disadvantages of the limited partnership form of a direct participation program are illiquitidy and lack of management voice for limited partners (D).
Limited partnership is a type of business partnership agreement made up by 2 or more partners. In limited partnership, there are 2 kinds of partners, general partner and limited partner. General partner refers to one or more owners who have full responsibility to manage the partnership and have unlimited personal liablity. Limited partner refers to another kind of owner with who is simply investing to the business and ensuring the flow of revenue.
General partner has full management control, meanwhile limited partners only have limited control in the management.
The ownership of limited partnership is harder to transfer since the shareholer's interest is not freely transferable. This makes limited partnership has low liquidity. Changes in management roles in limited partnership is not flexible since it would be related to the personal liability responsibility and protection.
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The core benefit of Learning Relationship for an enterprise is: Group of answer choices increased product innovation greater customer loyalty greater profit margins all of the above
The core benefit of learning relationships for an enterprise is increased product innovation, greater customer loyalty and greater profit margins
A core benefit proposition describes what a consumer could think is the advantage of buying a new product over one from a competition. Market forces in some instances decide the primary benefit. It is a claim made by a firm that discusses the primary and most significant benefit that a consumer will receive from using that product.
By analyzing consumer wants and preferences, a thorough grasp of customer interactions can promote enhanced product innovation. By encouraging trust and meeting expectations, it can also result in stronger consumer loyalty. By keeping clients and boosting sales through targeted marketing and upselling, it can also lead to higher profit margins.
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