Answer:
C. between two private individuals
Explanation:
The business letter should always be in a written form. In the business letter, the information is about business activities which could be important for business dealing or any other business purpose.
The information which is mentioned in the business letter is somewhat crucial or we can say business matters and no one wants to disclose it as per the requirements.
It could be either written from a company to its clients, from one company to another company or between the employees who are working in the same company.
But for two private individuals, the business letter could not be written as there is no specific purpose.
Suppose you are in charge of sales at a pharmaceutical company, and your firm has a new drug that causes bald men to grow hair. assume that the company wants to earn as much revenue as possible from this drug. if the elasticity of demand for your company's product at the current price is 1.4, would you advise the company to raise the price, lower the price, or to keep the price the same? what if the elasticity were 0.6? what if it were 1? explain your answer.
Which type of financial ratio indicates whether or not the organization is capable of paying off its short-term debts without having to sell any of its inventories?
Suppliers can contribute ideas for product improvement or increased development efficiency.
a. True
b. False
When money is used to express the value of goods and services, it is functioning as a?
Goodie, goodie, gumdrops (gggs) is a retail business appealing to pre-teen girls. it carries specialty clothing, accessories, and even food items all manufactured specifically for its stores. gggs has been very successful in the u.s. and it plans to expand into selected international markets. the ____ entry mode would probably be most appropriate for gggs.
What is the relationship between the alpha level, the size of the critical region, and the risk of a type i error?
Sharon is purchasing a food processor and has done extensive research on all the models available in the market. she is convinced about a particular product and is trying to finalize a store from where to make the purchase. sharon is in the _____ stage of consumer decision process.
The break-even point is where select one:
a. total sales equal total variable costs.
b. contribution margin equals total fixed costs.
c. total variable costs equal total fixed costs.
d. total sales equal total fixed costs.
When addressing a caller with a highly sensitive and personal issue, it is important to..?
When implementing a knowledge management strategy, one of the first steps is to?
Answer:
Decide what knowledge is the most important for employees to do the best jobs they can.
Explanation:
According to a different source, the options that come with this question are:
decide what knowledge is the most important for employees to do the best jobs they can. procure the necessary hardware and software to create a state-of-the-art system. develop a system that gathers and stores information that is only accessible to top managers. provide only that information which clarifies policies and provides feedback on performance.One of the first steps that is necessary when implementing a knowledge management strategy is deciding what knowledge is the most important for employees to do their jobs. This is a necessary step because it allows the managers to set realistic priorities. If we understand what the priorities of the employees are, we are more likely to design a strategy that focuses on this important knowledge.
The first step in implementing a knowledge management strategy is to conduct a comprehensive audit of the existing knowledge within the organization, so as to understand the current knowledge capabilities and scope for improvement.
Explanation:When implementing a knowledge management strategy, one of the first steps is to perform a comprehensive audit of the existing knowledge within your organization. This involves identifying, cataloguing, classifying, and assessing knowledge assets. This initial step allows the organization to understand its current knowledge capabilities, what is lacking, and where there might be opportunities for improved knowledge management. This audit will form the foundation of the knowledge management strategy by highlighting how knowledge is currently being utilized and where improvements can occur.
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___________ is a process used to test consumer reactions about a product among potential users.
Test marketing is a process used to test consumer reactions about a product among potential users. It is a test directed in a test market composing of actual situations and stores, with the buyers didn’t know that they are in the middle of an assessment test. It is used to check how a customer reacts to the product.
In general, the ex-ante risk-return tradeoff
a. slopes upward.
b. slopes downward
c. is flat
d. is impossible to determine.
sarah is visiting her local library to conduct some research on DNA. She wants to see what the newest medical finding are about this complex structure. Sarah should consider examining periodicals including medical journals
T or F
Answer: true
Explanation:
Do not click on the link in the other answer! I clicked on it and it led me to this fake notice saying that my phone has been hacked with 39 viruses in two minutes if I don't follow this procedure the ad says. DON'T DO IT
what is a budget constraint and what is the formula
A budget constraint in economics represents the limits on a consumer's purchasing power. The formula for a budget constraint is P₁ × Q₁ + P₂ × Q₂ ≤ Budget. It shows the combinations of goods and services that a consumer can afford given their income and the prices of the goods.
Explanation:A budget constraint in economics represents the limits on a consumer's purchasing power. It shows the combinations of goods and services that a consumer can afford given their income and the prices of the goods. The formula for a budget constraint is:
P₁ × Q₁ + P₂ × Q₂ ≤ Budget
where P and Q represent the prices and quantities of items purchased, and Budget represents the consumer's income.
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Coca-cola launched coke zero to avoid cannibalizing current sales and to attract new customers in a segment they might not get with diet coke.
a. True
b. False
The statement that Coca-Cola launched Coke Zero to avoid cannibalizing sales and attract new customers in a different segment than Diet Coke is true. Coke Zero's introduction aimed to complement rather than compete with existing products, using Coca-Cola's strong brand presence and substantial advertising to appeal to a wider customer base.
Explanation:The statement is true. Coca-Cola introduced Coke Zero as a strategic move to target a new customer segment that Diet Coke might not be able to capture, without risking the cannibalization of its current sales. By diversifying their product line with Coke Zero, Coca-Cola aimed to offer a product with a taste closer to the original Coca-Cola while still appealing to those looking for a zero-calorie option.
Large advertising budgets play a significant role in establishing a brand and can deter competition. With Coca-Cola and Pepsi having substantial promotional budgets, it is challenging for new entrants to compete in the national cola market. The strong brand identity of Coca-Cola also implies that any new Coca-Cola product is more easily accepted in the market, leveraging its existing brand value rather than dividing it.
When Coca-Cola introduced multiple options like Coke Zero in addition to Diet Coke and its classic version, it actually mirrored a scenario where the strong brand has multiple 'candidates' vying for consumer preference, rather than diluting the overall brand's market share. This multi-product strategy is a way to satisfy a broader range of consumer tastes and preferences.
Perfect competition and monopoly stand at _____________ of the spectrum of competition. opposite ends the high end the low end the mid-way point
Frank is a popular actor and is known to be fond of gadgets. the marketing department of tekring, a manufacturer of cell phones, engages him as their brand ambassador. frank is often seen using a tekring cell phone in public. in the context of consumer buying decisions, frank is considered to be a(n) _____. market maven family member opinion leader decision maker
Frank is considered to be an opinion leader. An opinion leader is defined as an individual or organization that is well known of which the person has the capability of influencing the opinion of the public that is based on a particular subject matter.
"partnerships are the most common type of business firms in the world"
In what way is becoming a global organization advantageous to a company? managers are presented with fewer challenges in the global environment. political forces that act upon global organizations are predictable and unchanging. global organizations seldom compete for scarce and valuable resources. operating globally can increase an organization's effectiveness and efficiency. operating within the global environment is straightforward and easy.
Becoming a global organization allows for increased efficiency and effectiveness by accessing cheaper production and service delivery markets, talent pools, and new markets. It requires adapting to various cultural and institutional environments and managing a global workforce's complexities.
Explanation:In what way is becoming a global organization advantageous to a company? The primary advantage of becoming a global organization is that it can increase an organization's effectiveness and efficiency. Global organizations find opportunities in leveraging different markets for cheaper production and service delivery. For instance, many companies have shifted manufacturing to countries like China or outsourced software development to India, where companies such as Wipro Ltd. and Infosys Technologies Ltd. have grown significantly. This global approach allows companies to access new markets, tap into diverse talent pools, and realize cost efficiencies. However, it also requires adapting to different cultural and institutional environments, handling the complexities of managing a global workforce, and addressing challenges such as employee stress due to job relocations.
Understanding the role of culture in organizational behavior is essential for navigating the globalized business world effectively, providing firms with a competitive advantage. Large organizations, in particular, can benefit from such globalization through increased specialization and the emergence of synergies from teamwork, fielding a legal identity that can operate across borders more easily than smaller entities.
Delta inc. moved its entire production operation to the country of xondervan, where the company was free to dump pollutants to the atmosphere. delta inc. is contributing to
Stretching a car loan from 48 months to 60 months means the car will end up costing you more when you have paid in full.
what did martin luther king jr do as a call for action in birmingham in 1963
Answer and explanation:
Martin Luther King Jr. (1929-1968) was an African American minister and activist who fought for black people's rights. As part of his battle against discrimination, in 1963 he protested against the treatment black people were receiving in Birmingham and the segregation infested in that city. Dr. King and the protestants were part of the boycott against the city's merchants during Easter Season which represents a big shopping season in the town. As a result, Dr. King was arrested and sent to jail but released a week later.
The overwhelming majority of existing businesses are
A. Corporations
B.Sole proprietorships
C.partnerships
D.close corporations
Answer:
The answer is sole proprietorships. I took the penn foster test, and the answer is found in Lsn 2.3.
A(n) ____ is a sign that an activity now occurring may signal an incident that could occur in the future.
When the economy is in stagflation the price level is falling?
The distribution of income in united states is has become _________ than it was before 1990. more equal less equal all the above none of the above
Answer:
The correct answer is letter "B": less equal.
Explanation:
Since 1990 the distribution of income in the United States has been more unequal due to factors like job specialization. Technology is a factor that has boosted this issue because more skilled workers are requested day by day. Those have higher wages than unskilled workers making income distribution disparity increase.
Why does an administrative professional need to develop presentation skills?
Final answer:
Developing presentation skills is vital for administrative professionals to effectively communicate complex ideas, gain feedback on their work, and present a professional image. Utilizing tools like Microsoft PowerPoint and paying attention to communication details are crucial aspects of this skill set. Effective communication through presentations aids in overcoming stereotypes and ensures messages are delivered professionally.
Explanation:
Developing presentation skills is crucial for an administrative professional for several reasons. Firstly, presentations are a fundamental way to communicate complex ideas and data effectively. Utilizing tools like Microsoft PowerPoint, which allows for the organization and presentation of information through slides and multimedia elements, enhances the delivery of a message and engages the audience effectively. Planning a presentation involves identifying the purpose, understanding the audience, and choosing the appropriate format and tools, which are essential skills in any administrative role. Moreover, in professional settings, presenting research or project findings is an essential method for gaining feedback and preparing for publication or further development. Whether through formal talks, roundtable discussions, or posters, being adept at presenting allows professionals to convey their work clearly and persuasively. Additionally, the administrative professional often faces the task of representing their company or team, where being able to present a professional image and manage personal traits against stereotypes is vital. It emphasizes the importance of mastering presentation skills to overcome biases and project credibility, especially important in environments where younger employees might be perceived differently. Lastly, in the age of social media and texting, paying attention to the details of communication, such as spelling, grammar, and punctuation in presentations, is critical. Errors in a presentation can magnify the impact of mistakes due to the size of the audience. Therefore, being proficient in presentation skills ensures that administrative professionals can deliver their message clearly and professionally, reinforcing the importance of effective communication in the workplace.
Companies competing with a blue ocean strategy can create an advantage because:
Net sales are $3495000, beginning total assets are $1412000, and the asset turnover is 3 times. what is the ending total asset balance?
The ending total asset balance can be calculated by subtracting the average total assets from the beginning total assets. In this case, the ending total asset balance is $247,000.
Explanation:To calculate the ending total asset balance, we can use the asset turnover ratio. The asset turnover ratio is calculated by dividing net sales by average total assets. In this case, the net sales are $3495000 and the asset turnover is 3 times. We can rearrange the formula to solve for average total assets:
Average Total Assets = Net Sales / Asset Turnover
Average Total Assets = $3495000 / 3
Average Total Assets = $1165000
Since the beginning total assets are given as $1412000, we can find the ending total asset balance by subtracting the average total assets from the beginning total assets:
Ending Total Asset Balance = Beginning Total Assets - Average Total Assets
Ending Total Asset Balance = $1412000 - $1165000
Ending Total Asset Balance = $24,7000
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Cruz trading's beginning and ending balance accounts receivable for the year were $30,000 and $200,000 respectively, while the credit sales were $825,000. calculate the cash collections from customers for the year.