Microsoft hires marketing and sales specialists to decide what prices it should set for its products, whereas a wealthy corn farmer in iowa, who sells his output in the world commodity market, does not. why is this so
Microsoft can set its own prices due to less competition and greater control, while a corn farmer in a perfectly competitive market is a price taker, selling at market equilibrium with no price-setting power.
Explanation:Microsoft hires marketing and sales specialists to decide product prices because it operates in a market with fewer competitors and more price control, while a wealthy corn farmer in Iowa sells in a perfectly competitive market. In such a market, the products (corn) are highly similar and interchangeable among producers. Hence, the farmers act as price takers, selling at the market's equilibrium price. For example, if U.S. corn farmers received an average of $5.47 per bushel, attempting to sell at $6.00 would likely result in no buyers since competitors would offer a similar product at the lower, market-determined price. Conversely, a company like Microsoft in an imperfectly competitive market has more leeway to use marketing and sales strategies to influence consumer perception and set prices above the equilibrium of a perfectly competitive market.
The risk that is assumed to be rewarded for an individual stock under the capital asset pricing model is measured by the:
What is the major difference between cyber vandalism and online piracy?
A. There is no significant difference; two terms for the same things.
B. Vandals want to disrupt and show off a viewpoint; the goal of online piracy is to steal money.
C. Cyber vandals try to keep their work secret; online pirates want to show off their technical skills.
D. Cyber vandals seek to destroy the system; online pirates want to profit from it.
The major difference between cyber vandalism and online piracy is "Vandals want to disrupt and show off a viewpoint; the goal of online piracy is to steal money". Piracy is considered as a robbery that is conduct committed by ship assailants against another ship. Thus, correct option is B.
Vandalism is a type of cybercrime that focuses on causing chaos and destroying data rather than stealing and misusing it. whereas in online privacy the main motive is to steal money. It also known as computer crime.
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Rhashan wants to improve the readability of the documents used by his organization. In 5–10 sentences, describe ways in which Rhashan can use DPT to make this happen.
1. Increasing your 401k deduction will ________ your gross pay and __________your federal taxes in the current year.
Answer:
Not Change, Decrease
Explanation:
The contribution to the 401k plan decrease the tax liability at the end of the period and also the tax withholding for each pay year. Though, the individual do not take the tax deduction on the income tax return from 401k plan.
By increasing the 401k deduction will have no impact on the gross pay and will decrease the federal taxes of the current year.
What are two examples of food products that a roux would be used as a base of the recipe?
Roux is a versatile base in culinary arts recipes, such as Bechamel sauce and Gumbo.
Roux, a mixture of equal parts flour and fat, is commonly used as a base in various food products. Two examples of food products that a roux would be used as a base for recipes are Bechamel sauce and Gumbo. Bechamel sauce is a classic French white sauce made by thickening milk with a roux, while Gumbo, a popular Cajun dish, utilizes roux as a thickening agent for the stew.
Jenna owns a film production company that produces television commercials and short documentaries. she has only a few permanent employees but hires temporary crew members such as lighting specialists, camera operators, and set designers as needed to produce films. what type of organizational structure does this describe?
The type of organizational structure that is being described above is virtual organization. This is a kind of organization in which is composed of separated or disperse entities in which they are to associate informational technology in order for their work and communication to be supported and to work.
If the entry to assign factory labor showed only a debit to work in process inventory, then all labor costs were
In a mortgage, the amount of money borrowed is called the?
In a mortgage, the amount of money borrowed is called the? Loan principal. The loan principal is the amount of money borrow and the mortage is what you are paying with principal plus interst. The money you are borrowing is a loan amount and you are paying the lender back.
In a mortgage, the amount of money borrowed is referred to as the principal. It is the original sum borrowed, which is repaid over time with additional interest.
Explanation:In a mortgage, the amount of money borrowed is called the principal. This is the original, initial sum of money that a borrower receives from a lender. Generally, the principal is repaid over time with interest, which is essentially the cost of borrowing the money.
For instance, if you ask a bank for a mortgage to buy a $200,000 house, and they agree to lend you the entire cost, your mortgage principal is $200,000. Then, over time, usually years, you would pay back that $200,000 principal plus the interest agreed upon in your mortgage terms.
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A cover letter accompanies a résumé to showcase a job-seeker's personal life.
True
False
The set of processes used to get members of an organization to work together to further the interests of the organization is called _____.
Final answer:
Organizational socialization is the set of processes used to integrate members into an organization, involving the teaching of rules, norms, and culture to ensure they can effectively contribute to the organization's goals.
Explanation:
The set of processes used to get members of an organization to work together to further the interests of the organization is called organizational socialization. This process involves teaching new members the rules, norms, and culture of an organization to ensure that they can contribute effectively to its goals. This encompasses a variety of practices, including explicit policies, workstation behavior, and assimilating into the company culture, which could be centered around aspects such as innovation, teamwork, or competitiveness. Organizations that people join to achieve shared interests or because they provide intangible rewards are sustained by individual goals and are characterized by specialized roles, impersonal relationships, and formal authority structures. For example, a modern business requires a coordinated effort among its members with a clear division of labor to maximize their collective success, which in turn benefits the individual. There are different types of organizations, such as normative (voluntary), coercive (compulsory membership), and utilitarian (material reward), that people may join. Each type of organization requires unique methods of socialization to ensure their members work cohesively towards the common goals.
Benny surveyed a group of individuals from diverse backgrounds regarding his company’s latest advertisement. He found that the part that most of the individuals remembered about the advertisement was the joke. Which feature of advertisements have the individuals in Benny’s survey group depicted?
brand recognition
ad recall
brand recall
ad decay
Answer: its b
Explanation:
i just took the test and got told by my teacher
The characteristic of the Individuals from Benny's survey group are depicted in advertisements about ad recall. Thus, option (B) is correct.
What is advertisements?Advertisement refers to the technique in which the marketer promotes its product to induce the customers to purchase it. It is an activity of business which carried down to let public know about the goods and services. It is a type of paid promotion.
The feature of the advertisement that makes the audience to remember the advertisement in the above scenario, it is called as advertisement recall. The people remember the joke of the advertisement but forgets about the product.
In order to make them recall, the advertisement is again and again repeated over the television. Therefore, it can be concluded that option (B) is correct.
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Which best demonstrates how successful Google has been at establishing a well-known brand?
Question 25 options:
Google is used by people around the world.
The word google has been added to dictionaries.
Google has a relaxed and non-traditional corporate culture.
Many Internet companies want partnerships with Google.
I believe the answer is: the word google has been added to dictionaries
the word 'google' often used as a verb (the act of searching information using internet) rather than being used to refer to the company.
This kind of thing usually indicates the brand's high market share and massive popularity
Naomi is sixteen and she would like to open a savings account. What should she do?
PLEASE HELP! :)
The answer is: Visit different banks and find out how often it compounds, and she should find out the interest rate of each account to see which will earn her the most money.
The compound time for interest is usually given either yearly, quarterly, or monthly (longer compound time usually has higher interest rate).
Naomi need to evaluate her own economic needs and determine the best possible option for her. For example, if she is not planning to use her saving within short period of time, she could opt for longer compound time and higher interest rate since it would be beneficial for her the most.
which comes after a period of recovery in the business cycle?
depression
boom
recession
hyperinflation
A reduction in consumer demand resulting from inflation
Kristi's Pottery sold 200 tiles at $25.00 each to a charge customer, terms 1/10, n/30. Which entry is required to record this transaction?
A ) Debit Accounts Receivable $4,050; debit Sales Discount $50.00; credit Tile Sales $5,000
B ) Debit Cash $5,000; credit Tile Sales $5,000
C ) Debit Accounts Receivable $4,050; credit Tile Sales $4,050
D ) Debit Accounts Receivable $5,000; credit Tile Sales $5,000
The entry required to record this transaction is D ) Debit Accounts Receivable $5,000; credit Tile Sales $5,000
Data and Calculations:
Tiles sold = 200 units
Selling price = $25.00 per unit
Total sales revenue for this transaction = $5,000 ($25 x 200)
Credit terms = 1/10, n/30
These credit terms mean that:
the customer will be granted 1% cash discount if she pays within 10 days.the total credit days (limit) allowed to the customer for this transaction is 30 days.Thus, Accounts Receivable account is debited with $5,000 and the Tile Sales Revenue account is credited with $5,000.
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Which tool helps a producer set up an efficient system of production?
Question 3 options:
production possibilities frontier graph
market research department
electric-powered assembly line
determination of opportunity costs
production possibilities frontier graph
A(n) ______ is a representation of an important aspect of the real world.?
A Model is a representation of an important aspect of the real world. Therefore option D is correct.
What is a Model?
A model is a depiction of an actual thing or circumstance or an abstraction of reality. A model, then, gives a condensed representation of anything. It could be as straightforward as a drawing of a house plan or as complex as a scaled-down version of an intricate piece of machinery.
A model's purpose. A set of concepts may be defined, analyzed, and communicated with the use of models, which are representations. In order to facilitate analysis, specification, design, verification, and validation of a system as well as to convey specialized information, system models are created explicitly.
A model is a representation of a concept, an item, a procedure, or even a system that is used in science to describe and explain events that cannot be directly observed. Science relies heavily on models, both for study and for explaining phenomena to others.
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Your Question was incomplete but most probably your question was.
A(n) ______ is a representation of an important aspect of the real world.?
a. methodology c. technique b. tool d. model. D.
"what does a negative net migration rate in a country tell us"
Why does a credit card make it easy to go into debt?
Credit cards offer immediate access to funds and rewards that incentivize spending, which makes it easy to accumulate debt. They play on the brain's reward system, contributing to addictive spending habits. Controlled, disciplined use is required to manage credit effectively and avoid debt.
Credit cards make it easy to go into debt because they provide immediate access to funds and allow for purchases that may not be affordable at the moment. The convenience of credit cards, combined with reward programs, can encourage overspending. The consumer often feels the immediate benefit of a purchase without the immediate pain of parting with cash, which can lead to accumulating debt.
Rewards as an Incentive to Spend More
Credit card companies have engineered rewards systems to incentivize spending. These rewards, while appealing, can lead to spending more money and paying more interest over time, particularly if balances are not paid off in full each month.
The Psychological Effect
Credit cards can be addictive because they stimulate the reward center of the brain, giving a sense of instant gratification without the immediate pain of financial loss. This psychological effect can contribute to habitually increasing debt.
Building Credit and the Potential for Debt
While credit cards can be tools for building a strong credit score, they require discipline. Controlled usage and full payment of balances each month can prevent debt accumulation. However, the accessibility of credit and the ease of electronic transactions can desensitize consumers to the reality of spending, making it easier to incur debt without consideration of one's capacity to pay it back in a timely manner.
The "bundle of values" the advertiser presents to the consumer is referred to as the _____.
Answer:
Product Concept
Explanation:
Product Concept is the blueprint of the idea which means it represent the perception of the consumer or customer of the product as a bundle of the values and the same advertiser present to the customer. It states the understanding of the product dynamics for showcasing the highest qualities and the features of the product.
Amanda has always been inclined toward baking and wants to open her own bakery. She takes a loan of $20,000 from the bank and starts a bakery in her hometown. In the context of the four forms of business, Amanda most likely _____. owns a limited liability company has a sole proprietorship owns a statutory close corporation has a general partnership
Amanda most likely has a sole proprietorship, as she owns and runs the bakery by herself, reaps all profits, and is responsible for all financial obligations. Just like any other bank loan, she'd have promised to repay the borrowed amount over a period time. If she fails to do so, the bank could potentially take her to court.
Explanation:In the context of the four forms of business, Amanda most likely has a sole proprietorship. A sole proprietorship is a type of business entity that is owned and run by one individual, with no distinction between the business and the owner. It's the simplest form of business structure and is not a legal entity. Thus, the owner is personally liable for all financial obligations of the business.
Given that Amanda took a bank loan and started the bakery by herself, it suggests that she owns all of the business, reaps all profits and is solely responsible for any debts. The fact she used a loan to finance the bakery indicates she is bearing the financial risk.
Just like a bank loan for a firm or an individual, Amanda would have promised to repay the borrowed amount, including some rate of interest, over a predetermined period of time. If she fails to make her loan payments, the bank could take her to court and require her to sell her equipment or even her bakery to pay off the debt.
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A manager needs to use information systems to track inventory by downloading a program. What part of the information system is the program?
Answer: software
Explanation: took the test Ape
Final answer:
The program downloaded by a manager to track inventory is a software component of information systems used for inventory management, which processes and organizes inventory data, ensuring efficient and reliable data management and accessibility.
Explanation:
When a manager uses information systems to track inventory by downloading a program, the program constitutes a critical component of the information systems known as the software.
This software application is essential in handling the inventory management data by processing and organizing it according to the specific needs of the project, which may involve the monitoring and analysis of data related to product quantities, movements, and stocking levels.
It helps to avoid the data management pitfalls of disorganized storage or loss of data over time. More advanced systems might incorporate automated metadata documentation, and relational database management systems, ensuring compatibility with current and global metadata standards.
Proper use of technology, like the considered program, facilitates not only the secure storage and retrieval of inventory data, but also plays a pivotal role in the data management process.
This process includes capturing, validating, storing, protecting, and processing the necessary data to ensure the accessibility, reliability, and timeliness of the data for its users.
The program, once installed, becomes interlaced with computer system processes, where hardware and software collaborate to operate the data as needed.
This underscores the importance of employing a program that is well-suited for the tasks at hand, ensuring that data integrity and management are maintained throughout the lifespan of the project.
William pays his $500 premium every 6 months for automobile insurance with collision coverage. His deductible is $750. William caused a minor accident that resulted in $800 of damages to his car and $1,100 of damages to the other car. How much will William pay out-of-pocket to have both cars fixed? $1,100 $500 $800 $0 $1,550 $750
ANSWER: $0
EXPLANATION: William will have to pay nothing to repair both the cars because he has already paid for automobile insurance with collision coverage. The insurance which William has taken most probably has Liability Coverage which is also known as Casualty Coverage. In this case, the insurance company will first settle the dues of the third party and then cover the bills of insured party which is William's.
Aquifers provide drinking water for how much of the world's population? select one:
a. 33%
b. 75%
c. 25%
d. 50%
e. 67%
Goods where, by nature or design, exclusion is impractical or impossible, but use or enjoyment can potentially exhaust the good are called:
Which of the following describe what producers offer as they compete for more customers? higher prices better customer service more advertising better product quality
Duffy is a passenger in a car that caleb is driving when an accident occurs. both caleb and duffy are emotionally rattled, but neither is physically hurt. caleb is not liable to dufy on a negligence theory because true or false
Answer:
False
Explanation:
Caleb is liable for negligence if the accident wasn't caused by him, but was caused by another vehicle.
For negligence theory to be true in this case the following must happen;
1. Caleb must make a mistake
2. The mistake must cause damage to Duffy
3. The mistake must not be of catastrophe
"which targeting strategy focuses on common consumer needs, as opposed to different needs?"
Undifferentiated targeting is a marketing strategy that focuses on common consumer needs instead of different needs. It involves reaching a wide range of consumers with a broad appeal.
Explanation:
The targeting strategy that focuses on common consumer needs, as opposed to different needs, is called undifferentiated targeting. It is also known as mass marketing. This strategy involves developing a single marketing mix and directing it towards the entire target market. This approach assumes that consumers have similar needs and preferences, and aims to reach a wide range of consumers with a broad appeal.
For example, a company that produces basic household cleaning products may use mass marketing to target all households, assuming that all consumers have the same need for cleanliness and hygiene.
Undifferentiated targeting has advantages such as cost efficiency, simplicity, and the ability to capture a larger market share. However, it may not be as effective as other targeting strategies in meeting the specific needs of different consumer segments.
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________ make up the largest single business market in the united states.