The leading economic cause for imperialism during the nineteenth century was the need for raw materials.
The Industrialized European countries tried to secure the sources of raw materials such as cotton, rubber, and palm oil, because they were essential to fueling their industrial economies.
So, the demand for the "raw-materials" increased as industrialization led to mass production and increased consumption.
The "Imperial-powers" also tried to establish new markets for their manufactured goods and to invest in foreign lands for higher returns on the investments.
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does the presence of online auction sites, such as ebay, make it easier or harder for traditional retailers and wholesalers to engage in profitable price discrimination? explain.
Online auction sites like eBay make it easier for traditional retailers and wholesalers to engage in profitable price discrimination. Price discrimination occurs when different consumers are charged different prices for the same product.
On online auction sites, sellers are able to set different prices for the same item, depending on the bidder's willingness to pay. This allows retailers and wholesalers to identify those consumers who are willing to pay the most for a product and charge them accordingly.
In addition, auction sites reduce the cost of information gathering, enabling sellers to more accurately assess the true value of their products.
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the fastest method to transfer know-how from one business firm to another one is to group of answer choices a) virtually integrate the two firms. b) transfer key people into new management positions. c) share support activities, such as purchasing practices. d) restructure the weaker firm to mirror the structure of the more successful firm.
The fastest method to transfer know-how from one business firm to another one is to virtually integrate the two firms. (A)
Virtual integration allows for the sharing of ideas, knowledge, and technology between the two firms, which is often done through virtual networks. This is much quicker than transferring key people into new management positions , sharing support activities , or restructuring the weaker firm
Virtual integration allows for a quick and cost-effective sharing of knowledge between the two firms, reducing the need for expensive re-structuring and long-term integration processes.
This allows the two firms to quickly and efficiently utilize the know-how and resources available to them, without disrupting their day-to-day operations.
Additionally, virtual integration provides a platform for future collaborations and improvements, which can help both firms remain competitive in their respective markets.(A)
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according to the capm, what is the market risk premium given an expected return on a security of 19.6%, a stock beta of 1.2, and a risk-free interest rate of 10%? a) 12.00% b) 6.60% c) 10.00% d) 8.00%
The market risk premium given an expected return on a security of 19.6%, a stock beta of 1.2, and a risk-free interest rate of 10% according to CAPM is option D) 8.00%.
The CAPM (Capital Asset Pricing Model) is a model that calculates the expected return of an asset based on its expected market return and its sensitivity to market risk.
The formula for CAPM is as follows:
Expected Return on a Security = Risk-Free Rate + (Market Risk Premium × Beta)
Where:
Risk-Free Rate: The interest rate offered by risk-free investments such as government bonds
Market Risk Premium: The difference between the market's expected return and the risk-free rate
Beta: The asset's volatility relative to the market
The market risk premium can be calculated using the following formula:
Market Risk Premium = Expected Market Return - Risk-Free Rate
Where:
Expected Market Return: The expected return of the market portfolio
Risk-Free Rate:
Expected Return on a Security = Risk-Free Rate + (Market Risk Premium × Beta)
We are given the following values:
Expected Return on a Security = 19.6%
Risk-Free Rate = 10%
Beta = 1.2
To calculate Market Risk Premium, rearrange the formula as follows:
Market Risk Premium = (Expected Return on a Security - Risk-Free Rate) / BetaMarket Risk Premium
= (19.6% - 10%) / 1.2Market Risk Premium
= 9.6% / 1.2
Market Risk Premium = 8.00%
Therefore, the correct answer is option D) 8.00%.
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if government levies a per-unit excise tax of $1 on suppliers of this product, equilibrium price and quantity will be:
If the government levies a per-unit excise tax of $1 on suppliers of a product, the supply curve will shift upward by the amount of the tax, resulting in a new equilibrium price and quantity.
Here's how to determine the new equilibrium price and quantity:
First, we need to determine the size of the tax. In this case, the government has levied a per-unit excise tax of $1 on suppliers of the product.
Next, we need to identify the supply and demand curves for the product. Let's assume that the demand curve is downward sloping and the supply curve is upward sloping.
With no tax, the equilibrium price and quantity are determined by the intersection of the supply and demand curves.
When the tax is imposed, the supply curve shifts upward by the amount of the tax ($1). This means that at each price level, suppliers are willing to supply $1 less of the product than they were before the tax.
The new equilibrium price will be higher than the original price because the tax has increased the cost of production for suppliers. The new equilibrium quantity will be lower than the original quantity because the tax has reduced the incentive for suppliers to produce and sell the product.
So, in summary, the equilibrium price will increase and the equilibrium quantity will decrease when a per-unit excise tax is levied on suppliers of a product. The size of the tax and the shapes of the supply and demand curves will determine the magnitude of these changes in price and quantity.
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due to cost reduction pressures, some companies that are using a multidomestic strategy are forced to change it to a global strategy. group of answer choices true false
Due to cost reduction pressures, some companies that are using a multidomestic strategy are forced to change it to a global strategy. The above statement is true.
The strategy by which an organisation operates independently in each country, is known as a multidomestic strategy. In each country, the organisation produces and markets products that are tailored to the local market. With the multidomestic approach, decision-making is decentralised, and each subsidiary operates independently from the others.The global strategy, on the other hand, is an approach in which an organisation operates worldwide using the same products, marketing, and business strategy.
It's a centralised strategy in which decision-making is made at the corporate headquarters, and there is limited local autonomy. When the cost of running a multidomestic strategy becomes too high for a company, it may switch to a global strategy. The move will enable the organisation to achieve economies of scale by standardising the manufacturing process, marketing materials, and other activities across all markets. A global strategy may also increase the company's overall effectiveness and reduce duplication of activities across regions.
Furthermore, a global strategy may also offer the company more bargaining power with suppliers and clients.In conclusion, companies that are using a multidomestic strategy may be forced to change to a global strategy due to cost reduction pressures. By doing so, the company will benefit from economies of scale and reduce duplication of activities across regions. However, making the switch comes with its challenges.
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While Hannah attends college, she works part-time for a cutlery company. Using her personal connections and network of friends, she offers consumers face-to-
face presentations in their homes. This is an example of
Multiple Choice
Using her personal connections and network of friends, she offers consumers face-to-face presentations in their homes. This is an example of Direct selling.
Direct selling refers to the sale of products or services directly to consumers without the use of intermediaries like retail stores or wholesalers. It is a popular business model that has been used for decades and is often associated with home-based businesses and network marketing.
Direct selling companies typically offer their products through independent salespeople or distributors, who are responsible for promoting and selling the products to their network of customers. These distributors often earn commissions on their sales and can also build their own teams of distributors, earning additional commissions on their team's sales.
Direct selling can be a flexible and lucrative way to earn income, but it also requires hard work and dedication.
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cadie construction co. signed a note promising to pay a cement supplier $1,000 60-days from now. as a result of this transaction, cadie would record a(n) on her balance sheet. multiple choice question. prepaid expense short-term note payable account payable long-term note payable
When Cadie Construction Co. signs a note promising to pay a cement supplier $1,000 60-days from now, the company would record a short-term note payable on her balance sheet. Option B is the correct answer.
A short-term note payable is a liability in which an entity borrows money from a creditor and signs a promissory note that documents its promise to pay back the borrowed sum. Short-term notes payable mature in less than one year and are usually for much less significant sums of money than long-term notes payable.
A short-term note payable is a written promise to pay an amount in cash or assets at a certain time. It is a legal obligation that a company owes another company or an individual. The holder of the note is considered the lender, and the issuer of the note is known as the borrower.
A balance sheet is a financial report that provides a snapshot of a company's financial situation at a particular time. It shows how much the company owns, how much it owes, and how much equity it has. Assets, liabilities, and stockholders' equity are the three components of a balance sheet. It provides a view of a company's financial performance and helps investors and creditors in decision-making.
Therefore, when Cadie Construction Co. signs a note promising to pay a cement supplier $1,000 60-days from now, the company would record a short-term note payable on her balance sheet. Option B) Short-term note payable is the answer.
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What is a Balance Sheet?
laurie purchased an entertainment armoire from a national chain furniture retailer. unfortunately, one of the doors did not operate properly, so she called the retailer to complain. a service representative was sent out to adjust the door, but just a few weeks later, the problem reoccurred, so laurie called again and asked for a new armoire. the store manager said that another service rep would have to come out to determine if it was due to a manufacturer's defect before it could be replaced. because the service representative failed to show up, the manager decided to offer laurie a new armoire. unfortunately the replacement had the same problem and laurie demanded her money back. now she tells everyone she knows the problems she's had with this retailer. which value most likely underlies laurie's complaining behavior?
The value that most likely underlies Laurie's complaining behavior is consumerism.
What led to the Laurie's complaining behavior?Laurie had purchased an entertainment armoire from a national chain furniture retailer, but one of the doors did not operate correctly, so she contacted the retailer to complain. A service representative was sent out to adjust the door, but a few weeks later, the problem reoccurred, so Laurie called again and requested a new armoire. However, the store manager stated that another service representative would have to come out to determine whether it was due to a manufacturer's defect before it could be replaced. Because the service representative failed to appear, the manager chose to offer Laurie a new armoire.
Unfortunately, the replacement had the same problem, and Laurie demanded her money back. This experience motivated Laurie to tell everyone she knows about the problems she has had with this retailer.
Consumerism is a social and economic ideology that promotes consumption as a form of social development and economic prosperity. This term refers to a socioeconomic theory that supports the acquisition of goods and services to meet people's needs and wants in a society.
Consequently, we can say that Laurie's complaining behavior is the outcome of her value of consumerism.
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what information is contained in the insuring agreement of an insurance policy? a description of the property or life to be insured a summary of the major promises of the insurer a summary of the obligations of the insured a list of the property, losses, and perils that are not covered
The information is contained in the insuring agreement of an insurance policy contains a summary of the major promises of the insurer. It outlines the obligations the insurer will fulfill and the coverage they provide. It includes a description of the property or life to be insured, as well as a list of property, losses, and perils that are not covered by the policy.
In more detail, the insuring agreement outlines what the insurance policy covers and what it does not. It also includes details about the insurer's promises, such as the amount and duration of coverage, and any limits or exclusions. The agreement also states the conditions that must be met in order for the insurer to provide coverage. Finally, it outlines the process for filing a claim and obtaining reimbursement.
In summary, the insuring agreement of an insurance policy outlines the coverage and obligations of the insurer and contains a description of the property or life to be insured, a summary of the insurer's promises, a list of property, losses, and perils not covered, and the conditions and procedures for filing a claim.
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coca-cola and pepsico compete across a number of products (e.g., soft drinks, bottled water) and geographic markets (u.s. and foreign markets) indicating that the companies have market commonality. true false
The given statement is true. Coca-Cola and PepsiCo compete across a number of products and geographic markets, indicating that the companies have market commonality. The concept of market commonality is used in strategic management and refers to the degree of overlap in the customer segments that two or more companies serve.
Market commonality indicates that the degree of competition between two firms is high as they both cater to similar customers and offer similar products.Both Coca-Cola and PepsiCo are global beverage companies that offer a wide range of products, including soft drinks, bottled water, juices, and energy drinks.
They compete in the same product categories and target similar customer segments, including young adults and teenagers. In addition, both companies operate in several geographic markets, including the US and foreign markets.
Therefore, the level of market commonality between Coca-Cola and PepsiCo is high, and they are major competitors in the beverage industry
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consider the imaginary economy of meekerton and the market for meekies, a hypothetical good. without international trade the domestic price of meekies is $30. suppose that the world price of meekies is $40. assume that if it were to enter the international market for meekies, meekerton is too small to influence the world price. if meekerton decides to participate in free trade, then it will meekies. given current economic conditions in meekerton, complete the following table by indicating whether each of the statements is true or false. statement true false meekertonian producers were better off without free trade than they are with it. meekertonian consumers are worse off under free trade than they were before. true or false: when a nation is too small to affect world prices, allowing free trade will have a non-negative effect on total surplus in that country, regardless of whether it imports or exports as a result of international trade. true false
true the imaginary economy of meekerton and the market of meekies, a hypothetical good given the current economic conditions in meekerton.
The international economy often works together to operate effectively, which means that goods are often imported and bought from countries for profit.In addition,other countries often buy the goods from these countries by importing them. Since the international price of a meeker is $21 and the domestic price is $35, then Meekertown would matter.A broad definition of trade costs includes political tariff barriers and non-tariff barriers transportation costs freight and time costs, as well as communication and other information costs, application costs, exchange rate costs,legal and regulatory costs,and of local distribution. When a country is too small to affect the world price, allowing free trade will always increase that country's total surplus,regardless of whether it imports or exports as a result of international trade.
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the prus cost which prives a consistent method for comparing to the economic impact of invasice weeds is based on the weeds rate of spread and what
The Prus Cost, a method for comparing the economic impact of invasive weeds, is based on the weed's rate of spread and the cost of herbicides needed to control it. Thus, Option C is correct.
The Prus Cost provides a standardized approach to assess the economic impact of invasive weeds based on their ability to spread and the cost of controlling them with herbicides. The method was developed by William Prus, a weed scientist who recognized that invasive weeds could cause significant economic damage.
By taking into account the cost of herbicides needed to control the spread of the weed, the Prus Cost can help policymakers and land managers make informed decisions about which weeds to prioritize for control efforts. Ultimately, this method can help reduce the negative impact of invasive weeds on agriculture, ecosystems, and human health.
Based on this explanation, Option C is correct.
The complete question:
The Prus Cost, which provides a consistent method for comparing the economic impact of invasive weeds, is based on the weed's rate of spread and what other factor?
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based on an aging of accounts receivables, management assigned 1% to the $100,000 of receivables 0-30 days outstanding, 5% to the $10,000 receivables 31-60 days and 20% to the $1,000 of receivables over 60 days. after making the adjusting entry the balance in the allowance for doubtful accounts will equal
The balance in the allowance for doubtful accounts will be $6,500.
This is calculated as follows:
$100,000 x 1% = $1,000
$10,000 x 5% = $500
$1,000 x 20% = $200
Total allowance = $1,000 + $500 + $200 = $1,700
Current balance in allowance = $5,500
Adjusting entry = $1,700 - $5,500 = -$3,800 (debit)
Final balance in allowance = $5,500 + (-$3,800) = $1,700
The aging of accounts receivable helps management estimate the percentage of receivables that may not be collected. Based on this analysis, specific percentages are applied to different categories of receivables.
These percentages are then used to calculate the estimated amount of doubtful accounts, and the allowance for doubtful accounts is adjusted accordingly. In this case, the adjustment results in an increase of $1,700 in the allowance for doubtful accounts, bringing the final balance to $6,500.
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if the amount of ending inventory is overstated, the amount of:
If the amount of ending inventory is overstated, the amount of net income will be overstated as well.
This occurs as net income is calculated by subtracting the cost of goods sold from the revenue earned, and if the ending inventory is overstated, the cost of goods sold will be understated. Ending inventory is the total value of inventory remaining at the end of an accounting period. It is important to ensure that the ending inventory is recorded accurately in the books of accounts since it can have a significant impact on net income.
The amount of net income is dependent on several factors, with the cost of goods sold (COGS) being one of the most significant. COGS is the cost of the items sold during the accounting period, and it is calculated by subtracting the beginning inventory from the sum of purchases and freight-in expenses.
The ending inventory is calculated by deducting the cost of goods sold from the cost of goods available for sale.If the amount of ending inventory is overstated, the cost of goods sold will be understated. This implies that net income is overstated since it is calculated by subtracting COGS from revenue earned. As a result, the overstatement of the ending inventory will result in an inaccurate depiction of the profitability of the business.
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a form of spec, is/are the practice of obtaining needed services, ideas, or content by soliciting contributions from a large group of people, especially the online community, rather than from traditional employees or contractors
Crowdsourcing is a form of spec, the practice of obtaining needed services, ideas, or content by soliciting contributions from a large group of people, especially the online community, rather than from traditional employees or contractors.
Crowdsourcing is a new means of collaborating with the public to collect and apply ideas, knowledge, skills, or content to achieve organizational objectives. Crowdsourcing platforms allow people to work together to achieve a common goal, such as collecting ideas for an advertising campaign, solving a problem, or producing content. The method is becoming increasingly popular among companies looking for low-cost or efficient methods of collecting feedback or data from customers, crowdsourcing can be used in both for-profit and non-profit organizations.
So, it is a way to have work done by a large group of people, often online, without having to hire permanent employees to do it. The following are the benefits of crowdsourcing: It is an inexpensive way to get results. Crowdsourcing can help businesses stay ahead of the competition. Crowdsourcing can increase engagement with consumers. Crowdsourcing can be an excellent way to create a sense of community. Crowdsourcing can provide businesses with access to a broader talent pool. Crowdsourcing can be an excellent way to generate new ideas.
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which of the following is not a managerial function for top-level executives during the acquisition process? a. searching for viable acquisition candidates b. identifying and pursuing other opportunities with external stakeholders c. preparing for negotiations d. managing the integration process after the acquisition
Shareholders of acquired firms frequently have below-average returns as a consequence of acquisitions, whereas shareholders of acquiring firms frequently experience.
What best describes corporate level strategy?Organizational Level Strategy. A corporate-level strategy is a course of action followed to acquire a competitive edge through the selection and management of a variety of companies that compete in various marketplaces or industries.
What is the name of the approach a company uses to alter the mix of its companies or its financial structure?Restructuring is the process through which a business, usually under financial pressure, makes significant changes to its operational or financial structure. A company may restructure itself in advance of a sale, buyout, merger, change in its overarching objectives, or transfer of ownership.
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laramie company has a variable cost ratio of 0.56. the fixed cost is $103,840 and 23,600 units are sold at break-even. what is the price? what is the variable cost per unit? the contribution margin per unit? note: round answers to the nearest cent.
To find the price, variable cost per unit, and contribution margin per unit, we can follow these steps:
1. Calculate the total contribution margin at the break-even point.
Total contribution margin = Fixed costs = $103,840
2. Calculate the contribution margin per unit.
Contribution margin per unit = Total contribution margin / Number of units sold at break-even
Contribution margin per unit = $103,840 / 23,600 units = $4.4 per unit
3. Calculate the variable cost per unit.
Variable cost ratio = Variable cost per unit / Price per unit
0.56 = Variable cost per unit / Price per unit
Therefore, Variable cost per unit = 0.56 * Price per unit
4. Calculate the price per unit.
Price per unit = Variable cost per unit + Contribution margin per unit
Substituting the equation from step 3: Price per unit = (0.56 * Price per unit) + $4.4
0.44 * Price per unit = $4.4
Price per unit = $4.4 / 0.44 = $10
5. Find the variable cost per unit using the price per unit.
Variable cost per unit = 0.56 * $10 = $5.6
So, the price per unit is $10, the variable cost per unit is $5.6, and the contribution margin per unit is $4.4.
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the project utilizes a vendor to provide the technicians for a national network upgrade project. the buyer agrees to pay the vendor an incentive fee. of the following, which is the most logical reason the buyer would pay the fee? seleccione una: a. the buyer wants to ensure that the vendor will work well with the buyer's employees b. the buyer wants to ensure that the vendor's standard of productivity is aligned to that of the buyer c. the buyer wants to ensure that the vendor will be responsive to any issues that arise during the upgrade d. none of the answers
The most logical reason the buyer would pay an incentive fee to a vendor who provides technicians for a national network upgrade project is "c. the buyer wants to ensure that the vendor will be responsive to any issues that arise during the upgrade."
The incentive fee is a reward or bonus that the buyer pays to the vendor to make sure that the vendor is incentivized to finish the project on time, with good quality work and is responsive to any issues that arise during the upgrade. Answer a. and b. are incorrect because the buyer doesn't need an incentive fee to ensure that the vendor will work well with the buyer's employees or that the vendor's standard of productivity is aligned with that of the buyer. The vendor will need to meet the buyer's requirements to be awarded the contract. Therefore, the incentive fee would not be required to ensure that these requirements are met.
Answer d. is also incorrect because the buyer has a logical reason to pay the incentive fee. They want to ensure that the vendor is incentivized to finish the project on time, with good quality work, and is responsive to any issues that arise during the upgrade.
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which of the following may lead to competitive advantage? 1. new products, services, and business models; 2. charging less for superior products; 3. responding to customers in real time
The factor which may lead to competitive advantage is "new products, services, and business models". The correct option is 1.
What is a competitive advantage?A competitive advantage refers to the unique advantage that an organization has over its competitors in terms of revenue, customer loyalty, or product quality.
The competitive advantage allows a company to develop and establish itself in the market by providing customers with better value and quality. It is a key component of business strategy, as it allows companies to differentiate themselves from their competitors and develop a stronger market presence.
New products can provide a company with a competitive advantage by allowing them to stand out from their competitors. Companies that are able to develop innovative and unique products that meet customer needs can gain a competitive edge.
New services can provide a company with a competitive advantage by allowing them to differentiate themselves from their competitors. Companies that are able to provide services that are unique, or of a higher quality than their competitors, can gain a competitive edge.
New business models can provide a company with a competitive advantage by allowing them to operate more efficiently or effectively than their competitors.
Therefore, the correct option is 1.
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multiple choice question inflows and outflows of cash related to the transactions used to determine net operating income are what type of activities? multiple choice question. financing operating investing income
The inflows and outflows of cash related to the transactions used to determine net operating income are known as operating activities.(B)
Inflows and outflows of cash related to the transactions used to determine net operating income are called operating activities. In the statement of cash flows, operating activities are shown first, followed by investing activities and financing activities.
These activities are included in a company's statement of cash flows, which shows how the company uses cash over time.There are three categories of activities in a statement of cash flows, each of which contributes to the company's cash inflows and outflows.
They are as follows:Operating activities: This category includes the company's primary business activities.
These activities have a direct effect on the company's cash inflows and outflows, and they are used to calculate the company's net operating income.Investing activities: This category includes the purchase or sale of long-term assets, such as property, plant, and equipment.
Investing activities can have an impact on the company's future profitability, but they do not have a direct effect on cash flow.Financing activities: This category includes activities related to the company's financing, such as borrowing money or issuing stock. These activities can have a significant impact on the company's cash inflows and outflows.
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aggregate expenditure includes all of the following components except
Consumption spending Net Exports Government spending Aggregate demand
Aggregate demand is not a component of aggregate expenditure. Option D is correct.
Aggregate expenditure is the total amount of spending on goods and services in an economy, and it includes four components: consumption spending, investment spending, government spending, and net exports (exports minus imports).
Consumption spending refers to the spending by households on goods and services, while investment spending refers to spending by businesses on capital goods such as machinery, equipment, and buildings. Government spending includes spending by all levels of government on goods and services, while net exports refer to the difference between exports and imports.
Aggregate demand, on the other hand, refers to the total demand for goods and services in an economy at a given price level. It is determined by the aggregate expenditure in the economy, but also takes into account other factors such as changes in the money supply, interest rates, and expectations about future economic conditions. Option D is correct.
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marketers are particularly interested in postpurchase behavior because itmultiple choiceinvolves actual rather than potential customers.involves both actual and potential customers.offers insights into information search methods.avoids situational conflicts.involves both compensatory and noncompensatory consumers.
After purchasing the product, consumers undergo post-purchase behavior.
The first one is cognitive dissonance, and the second one is customer loyalty. Cognitive dissonance is a psychological term that refers to the uneasiness people experience after purchasing something. It happens because people question themselves whether they have made the right decision or not.
On the other hand, customer loyalty is when consumers are satisfied with the product or service and repurchase it in the future. Marketers are interested in post-purchase behavior because it provides them with valuable insights into customer satisfaction and the quality of the product or service.
Post-purchase behavior helps marketers to understand whether consumers are satisfied with the product or service they have purchased. It also helps them to determine whether the product or service met the customer's expectations or not. Marketers use this information to make improvements to the product or service or to create new products that meet customer needs.
Marketers also use post-purchase behavior to increase customer loyalty. When consumers are satisfied with the product or service, they are more likely to purchase it again in the future. They may also recommend it to their friends and family. Therefore, post-purchase behavior is an essential factor for marketers to analyze as it helps them to retain customers and increase sales.
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the effect a lower price level has on investment expenditures through the effect that a change in the price level has on interest rates is known as the .
The effect a lower price level has on investment expenditures through the effect that a change in the price level has on interest rates is known as the interest rate effect.
The interest rate effect explains how a decrease in the price level leads to a decrease in interest rates, which in turn stimulates investment expenditures.
When the price level falls, the demand for money falls, causing the interest rate to fall. This reduction in interest rates reduces the cost of borrowing, making investment more attractive.
This, in turn, leads to an increase in investment expenditures. In this way, a decrease in the price level stimulates economic activity and investment, leading to economic growth.
Overall, the interest rate effect highlights the importance of the relationship between price levels and interest rates in determining investment decisions and economic growth. A lower price level leads to a decrease in interest rates, which stimulates investment expenditures and promotes economic growth.
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lisa has decided that with the three hours in between classes she can do one of 3 things. she has ranked her choices, from highest to lowest as, (1) hang out with her friends, (2) study economics or (3) take a nap. the opportunity cost of hanging out with her friends is: group of answer choices the value of taking a nap the value of hanging out with her friends. the value of studying economics. the combined value of studying economics and taking a nap. zero since she does not pay her friends to hang out with her.
Lisa has ranked her choices, from highest to lowest, as (1) hang out with her friends, (2) study economics or (3) take a nap. The opportunity cost of hanging out with her friends is the value of studying economics.
Opportunity cost refers to the benefits that could have been achieved if the money, resources, or time that was spent on one thing was used on something else that would have provided a higher return.
The true cost of an economic option or decision is the opportunity cost. The value of the opportunity cost of hanging out with her friends is the value of studying economics.
Lisa's best option for utilizing her 3 hours is to study economics since this is the most valuable use of her time. She could hang out with her friends or take a nap, but the opportunity cost of doing so is the value of studying economics.
So, the opportunity cost of hanging out with her friends is the value of studying economics.
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1.research all entry level of position of hotel 2.job description
3.job title
4.job summary
5.job responsibility
please help me please help due date na nito bukas
Answer: Please Rate + Thank + Brainliest
Explanation:
Sure, I can help you with that! Here's some information on entry-level positions in hotels, including job descriptions, job titles, job summaries, and job responsibilities:
Entry-Level Positions in Hotels:
Front Desk Clerk/ReceptionistHousekeeping StaffFood and Beverage Server/AttendantMaintenance Worker/TechnicianPorter/BellhopJob Description:
Front Desk Clerk/Receptionist: responsible for checking guests in and out, answering phone calls and emails, making reservations, and handling customer inquiries and complaints.Housekeeping Staff: responsible for cleaning guest rooms, common areas, and public spaces, replenishing supplies, and reporting any maintenance issues to the appropriate department.Food and Beverage Server/Attendant: responsible for taking food and beverage orders, serving guests, setting up and cleaning dining areas, and handling payment transactions.Maintenance Worker/Technician: responsible for performing routine maintenance tasks, such as repairing equipment and fixtures, painting, and cleaning.Porter/Bellhop: responsible for helping guests with their luggage, directing them to their rooms, and providing information about the hotel and its amenities.Job Titles:
Front Desk Clerk/ReceptionistHousekeeping StaffFood and Beverage Server/AttendantMaintenance Worker/TechnicianPorter/BellhopJob Summary:
Front Desk Clerk/Receptionist: Provide excellent customer service to guests, check guests in and out, and handle guest inquiries and complaints.Housekeeping Staff: Ensure the cleanliness and comfort of guest rooms and public spaces, report maintenance issues to the appropriate department, and replenish supplies as necessary.Food and Beverage Server/Attendant: Provide excellent customer service, take food and beverage orders, serve guests, and handle payment transactions.Maintenance Worker/Technician: Perform routine maintenance tasks, repair equipment and fixtures, and keep the hotel in good condition.Porter/Bellhop: Provide assistance to guests with their luggage, direct guests to their rooms, and provide information about the hotel and its amenities.Job Responsibilities:
Front Desk Clerk/Receptionist:Check guests in and outHandle phone calls and emailsMake reservationsHandle guest inquiries and complaintsHousekeeping Staff:
Clean guest rooms and public spacesReport maintenance issues to the appropriate departmentReplenish supplies as necessaryFood and Beverage Server/Attendant:Take food and beverage ordersServe guestsSet up and clean dining areasHandle payment transactionsMaintenance Worker/Technician:
Perform routine maintenance tasksRepair equipment and fixturesKeep the hotel in good conditionPorter/Bellhop:
Provide assistance to guests with their luggageDirect guests to their roomsProvide information about the hotel and its amenitiesI hope this helps!
how much net revenue would this airline generate if it were able to practice perfect price discrimination?
If the airline company was able to practice perfect price discrimination, it would generate a net revenue of $650 million.
Perfect price discrimination is a situation in which a firm charges every consumer the maximum price they are willing to pay for the product or service. This enables the company to increase their revenue and maximize profits as much as possible.
\Assuming that the airline's cost per passenger is zero, and the demand for the ticket at different prices is given below: Price of ticket Number of passengers $700 ,50, $600, 100, $500, 150, $400, 200, $300, 250, $200, 300, $100, 350,Total passengers = 1500.
The maximum amount that each passenger is willing to pay for the ticket is $1000, but the airline can only charge a maximum of $700 for the ticket. Therefore, if the airline company practices perfect price discrimination, it would generate a net revenue of $650 million because they can charge each of the 1500 passengers the maximum amount they are willing to pay.
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Holding large amounts of bank capital helps prevent bank failures becauseQuestion 6 options:A)it means that the bank has a higher income.B)it makes loans easier to sell.C)it makes it easier to call in loans.D)it can be used to absorb the losses resulting from bad loans.In order to obtain a high return on equity for their stockholders, banks want to:Question 7 options:hold a high amount of equity as reserves in case of deposit outflowshold a low amount of equity to assets to keep the bank smallhold a high amount of equity to assets to minimize interest paymentshold a low amount of equity to assets to spread the profit on fewer stock holdersBank A has $52 in reserves. The bank has given out $490 in loans and has $470 in deposits. The reserve requirement is 10%. The maximum the bank can afford to lose in loan defaults without being insolvent (and going bankrupt) is:Give your answer with NO DECIMALS and no $, comma or other signs.Your Answer:Bank A - balance sheet:ASSETS LIABILITIESReserves $22 Deposits: $190Securities $20 Borrowing $ 20Loans $181 Capital $ 13What is the highest amount below that Bank A can afford to lose on loans without being insolvent?Question 9 options:$3$10$12$22
Bank A can afford to lose up to $12 on loans without becoming insolvent.
This is because the reserves that Bank A has set aside, in this case $52, are enough to absorb any losses up to the 10% reserve requirement, which in this case is $49. This means that if Bank A loses up to $12, the remaining $37 would still be enough to meet the 10% reserve requirement, which is the maximum allowable for the bank to remain solvent. However, if the bank were to lose more than $12, the remaining reserves would not be enough to meet the 10% reserve requirement, meaning that Bank A would become insolvent and potentially go bankrupt.
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3) the purchase price of an income-producing property today is $570,000. after analysis of the expected future cash flows, expected sales price, and expected yield, the investor determines that the future cash flows have a present value (pv) of $580,000. taking into consideration the price of the property today, what is the net present value (npv) of this investment opportunity, and should the investor take the deal? a) $10,000; yes b) $10,000; no c) ($10,000); yes d) ($10,000); no
The purchase price of an income-producing property today is $570,000. The answer is (c) ($10,000); yes.
After analyzing the expected future cash flows, expected sales price, and expected yield, the investor determines that the future cash flows have a present value (PV) of $580,000. Taking into consideration the price of the property today, the net present value (NPV) of this investment opportunity, and whether the investor should take the deal is ($10,000); yes.
The net present value (NPV) formula is as follows: NPV = PV - I,
where: PV is the present value of all future cash flows I is the initial investment
The present value (PV) of future cash flows is $580,000, and the initial investment is $570,000 in this case.
NPV = $580,000 - $570,000
NPV = $10,000
Since the NPV is positive, the investor should take the deal. The answer is (c) ($10,000); yes.
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maisley company decided to analyze certain costs for june of the current year. units started into production equaled 28,000 and ending work in process inventory equaled 4,000. if there was no beginning work in process inventory, what is the conversion cost per unit if ending work in process inventory was 25% complete as to conversion costs and total conversion costs equaled $140,000?
The conversion cost per unit of ending work in process inventory was 25% is $5.
Maisley Company Conversion Cost per unit Formula:
The formula for Conversion Cost per unit is as follows:
Conversion Cost per unit = Total Conversion Costs ÷ Units Produced
= $140,000 ÷ 28,000 units
= $5 per unit.
Conversion costs are the costs that transform raw materials into finished goods.
Direct labor and manufacturing overhead costs are the two types of conversion costs.
Total Conversion Cost per unit is calculated using the following formula:
Total Conversion Cost per unit = Total Conversion Costs ÷ Units Produced.
1: Calculate the units completed and transferred by using the formula:
Units completed and transferred = Units started into production – Ending work in process inventory
= 28,000 – 4,000
= 24,000 units.
2: Calculate the number of units that are 25% complete (equivalent units) in ending work in process inventory using the formula:
Number of units that are 25% complete (equivalent units) in ending work in process inventory
= Ending work in process inventory × Percentage of completion
= 4,000 × 25%= 1,000 equivalent units.
3: Calculate the equivalent units of production for Conversion Cost using the formula:
Equivalent units of production for Conversion Cost
= Units completed and transferred + Ending work in process inventory equivalent units
= 24,000 + 1,000= 25,000 equivalent units.
4: Calculate the cost per equivalent unit for Conversion Cost using the formula:
Cost per equivalent unit for Conversion Cost = Total Conversion Costs ÷ Equivalent units of production for Conversion Cost
= $140,000 ÷ 25,000 equivalent units= $5.
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in the shaping department of rollins company the unit materials cost is $5.00 and the unit conversion cost is $3.00. the department completed and transferred out 40,000 units and had 5,000 units in ending work in process inventory which were 20% complete. if all materials are added at the beginning of the process, the total cost to be assigned to the ending work in process inventory is
$4,400 is ending work in process inventory when all materials are added at the beginning of the process, the total cost to be assigned.
Calculation of total cost:
The total units in the process = The number of units completed and transferred out + Ending work in process inventory
= 40,000 + 5,000
= 45,000
The equivalent units of production = Units completed and transferred out + (Ending work in process inventory * percentage of completion)
= 40,000 + (5,000 * 20%)
= 41,000
The cost per equivalent unit = (Total production cost of the period) / (Equivalent units of production)
= (Total production cost of the period) / (41,000)The cost per equivalent unit
= (Total material cost + Total conversion cost) / (Equivalent units of production)
= ($5.00 + $3.00) / unit
= $8.00 / unit
The total cost of the ending work in process inventory = The number of units in ending work in process inventory * cost per equivalent unit
= 5,000 * $8.00 * 20%= $4,400
Thus, the total cost to be assigned to the ending work in process inventory is $4,400.
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