Answer:
Regional Production
Explanation:
Juggernaut, Inc. can manufacture its bulk products by region, that way the distance to each selling point is less and the costs are lower.
Juggernaut, Inc. can reduce export transportation costs by producing closer to target markets, optimizing transport methods and routes, and partnering with local distributors for potentially localized assembly and customization of products.
Juggernaut, Inc. can avoid incurring high transportation costs when exporting its bulky commercial appliances by exploring a few strategic options. One approach is to establish manufacturing plants closer to the target foreign markets; by producing products in proximity to the consumers, the firm can significantly reduce transport distances and costs. Additionally, Juggernaut, Inc. can consider shipping disassembled units to reduce volume and possibly take advantage of some countries' lower tariffs on component parts compared to fully assembled products.
Another method to manage transportation costs is to use cost-effective transport options, like shipping via water transport, which is typically less expensive for heavy and bulky items than air freight. Juggernaut, Inc. should also assess its packaging methods, possibly adapting them to maximize space utilization and protect the goods during longer journeys. This can be coupled with strategies to maximize profits such as optimizing delivery routes and schedules to consolidate shipments.
Lastly, the company could explore partnerships with local distributors in the target markets. Distributors with established infrastructure can often handle bulk products more economically. Such partnerships might also open up additional services for the company, such as local assembly or customization of products, which can further reduce costs and make the offerings more attractive to local consumers. By adapting products and services, Juggernaut, Inc. has the potential to reduce transportation overhead while potentially increasing their global market share.
According to the time value of money concept
Multiple Choice:
a. a dollar today is less valuable than a dollar to be collected in the future.
b. a dollar today is more valuable than a dollar to be collected in the future.
c. a dollar today and a dollar to be collected in the future are of equal value.
Answer:
The answer is: B) a dollar today is more valuable than a dollar to be collected in the future.
Explanation:
As a concept, the time value of money (TVM), states that money available in the present is worth more than the same amount of money available in the future. That is because of money´s potential earning capacity. This is one of the core principles of finance, because money owned today has the capacity of earning interests. So that means that the sooner you receive any amount of money, the more it is worth.
As an example, today you have $1000 and you decide to invest it in bonds. Your investment will yield a 5% interest rate every year. So at the end the year you will have $1,050. So clearly $1000 today is worth more than $1000 in one year because of the capacity of money earning interest (in this example $50).
The time value of money concept suggests that a dollar today is more valuable than the same amount in the future because if you hold a dollar today, you can invest it and earn interest over time.
Explanation:The concept of time value of money is a principle in finance that suggests a dollar available today is more valuable than the same amount in the future. This is mainly due to the potential earning capacity of the money. If you hold a dollar today, you can invest it and earn interest over time, making it worth more than a dollar in the future. Hence, in the given options, the correct one is: 'a dollar today is more valuable than a dollar to be collected in the future'.
Learn more about Time Value of Money here:https://brainly.com/question/36646697
#SPJ3
Suppose executives at an art museum know that 100 adults are willing to pay $12 for admission to the museum on a weekday. Suppose the executives also know that 200 students are willing to pay $8 for admission on a weekday. The cost of operating the museum on a weekday is $2,000. How much profit will the museum earn if it engages in price discrimination?
$1,200
$2,600
$1,600
$800
Answer:
$800
Explanation:
Price discrimination is a technique used by business owners and business in general that consists on chargin a certain group the maximum they are willing to pay for the product of service, in this case it would be $12 for adults and $8 for students, to know how much they will make we just multiply the cost of the tickets by the tickets bought, and the fmor that withdraw the cost of operation.
[tex]Tickets*Tickets cost=Earnings\\($12*100)+($8*200)=\\(1200)+(1600)=$2800[/tex]
Now we know the museum made $2800 in tickets, we take out the $2000 of the operational cost, and we are left with $800 wich would be the net profit for the museum.
Romano Ware manufactures kitchen utensils. It is headquartered in Jakarta and has an international presence. Its production sites and sales locations are situated in Europe, Asia, and Australia. The organization is highly decentralized, and region or country managers can tailor their strategies to local market conditions and demands. Which of the following approaches is Romano Ware using?
Answer:
Country Focus
Explanation:
Country Focus is dedicated to representing countries on the cutting edge of the world economy. Presented by independent, expert organizations around the globe, this is a series of informational guides to developing and resurgent economies around the world which will provide details in each region related to investment, global trade, travel and much more.
After a restructuring at Sigma Corp. broadened managers’ jobs, some managers began experiencing role conflict and role ambiguity. To prevent dissatisfaction among these valued employees, the company asked the human resource department to help managers develop clearer and more balanced roles. The HR manager decided to use the role analysis technique. With this technique, who will meet to discuss the role of each manager affected by the restructuring?
Answer:
each manager affected and the people who directly interact with him or her.
Explanation:
According to my research on role analysis technique, I can say that based on the information provided within the question the people meeting would be each manager affected and the people who directly interact with him or her. This is because this technique focuses on demands and responsibilities of the role in question, and is done so by talking with the people who interact with the person performing that role.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Amelia wanted to purchase a nice watch for her husband, but she was overwhelmed by the amount of information available on the Internet for this product. She visited one website that offered a service that would do the searching and comparisons for her, so she decided to use it. The service Amelia used is referred to as a(n) _____.
A. minimizerB. shopping botC. search engineD. personal data assistantE. Internet organizer
Answer:
B. shopping bot
Explanation:
Shopping bot
It is a software , that automatically enables to compare the price of a specific item or product for various sites , available online .
One of the useful and logical site to shop and getting beneficial deals and save some extra money .
Therefore , Amelia uses , this site software to shop for his husband's watch .
Which of the following would be most likely to result from destruction of half of the Florida orange crop due to a hard freeze? a. an increase in the price of oranges b. a decrease in the demand for oranges c. an increase in the supply of oranges d. an increase in the quantity of oranges bought and sold
Answer:
The correct answer is option a.
Explanation:
Suppose half of the crop of oranges is destroyed due to hard freeze. This will cause a decrease in the supply of oranges. The supply curve for oranges will shift to the left. This leftward shift in the supply will lead to an increase in price level and a decrease in equilibrium quantity.
A favorable change in weather would have contributed to an increase in supply, causing the price level to fall.
The interior decorators, designers, and architects of WorldKraft Design work together in self-managing work groups. This structure is key to the organization’s culture, and it is important that new hires fit in with the work group to which they are assigned. In this case, it would be wise to use _____.
Answer:
team interviews.
Explanation:
According to my research on different business strategies, I can say that based on the information provided within the question In this case, it would be wise to use team interviews. By using this technique for interviewing candidates, every section boss can get to know the candidate and decide in which section of the organization they would best fit in.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Osborn Manufacturing uses a predetermined overhead rate of $18.20 per direct labor-hour. This predetermined rate was based on a cost formula that estimates $218,400 of total manufacturing overhead for an estimated activity level of 12,000 direct labor-hours. The company actually incurred $215,000 of manufacturing overhead and 11,500 direct labor-hours during the period. Determine the amount of underapplied and overapplied manufacturing overhead of the repiod.
Answer:
The amount of $5,700 represents under applied overhead.
Explanation:
The computation of the amount of the under applied and over applied manufacturing overhead is shown below:
= Applied overhead - actual overhead
where,
Applied overhead equals to
= Actual level of direct labor hours × overhead rate per direct labor-hour
= 11,500 direct labor hours × $18.20
= $209,300
And, the actual overhead is $215,000
Now put these values to the above formula
So, the answer would be equal to
= $209,300 - $215,000
= - 5,700
So, the negative amount represents under applied overhead of $5,700
The correct statement is that the under applied overheads for Osborn Manufacturing Company is calculates as a negative balance of $5700 at the overhead rate of $18.20.
The calculation of the overhead costs is done by using the formula for under applied overheads and calculating the required values from such given information.
Calculation of manufacturing overheadsThe formula for the calculation of manufacturing overheads whether under applied or over applied can be determined is as below,
[tex]\rm Under-applied\ Overheads= Applied\ Overheads- Actual\ Overheads[/tex]
However, to calculate further the actual overheads can be calculated as below by applying the given values to the formula,
[tex]\rm Applied\ Overheads= Actual\ Level\ of\ Direct\ Labor\ Hours\ x\ Overhead\ Rate\ per\ Direct\ Labor\ hour\\\\\rm Applied\ Overheads= 11500\ x\ 18.20\\\\\rm Applied\ Overheads= \$209300[/tex]
Now applying the values to the formula, we get,
[tex]\rm Under-applied\ Overheads= 209300- 215000\\\\\rm Under-applied\ Overheads= - \$5700[/tex]
So, the under-applied manufacturing overheads are calculated as -$5,700.
Hence, the correct statement is that under applied overheads for Osborn Manufacturing Company is calculated as a negative balance of $5700 at the overhead rate of $18.20.
Learn more about manufacturing overheads here:
https://brainly.com/question/15061072
Kathy has $50,000 to invest today and would like to determine whether it is realistic for her to achieve her goal of buying a home for $150,000 in 10 years with this investment. What return must she achieve in order to buy her home in 10 years?
Answer:
So she must achieve about 11.61 %
Explanation:
Amount invest by Kathy = $50000
She wanted to buy a home for $150000
Time of investment = 10 years
We have to find the return which she received
Let she receives x return
So according to question [tex]50000\times (1+x)^{10}=150000[/tex]
[tex](1+x)^{10}=3[/tex]
[tex](1+x)=3^{0.1}[/tex]
[tex](1+x)=1.1161[/tex]
[tex]x=0.1161=11.61%[/tex]
So she must achieve about 11.61 %
A pendulum with a period of 2.00000 s in one location (g = 9.80 m/s^{2} 2 ) is moved to a new location where the period is now 1.99796 s. What is the acceleration due to gravity at its new location?
Answer:
Acceleration due to gravity at new location will be [tex]g=9.820022m/sec^2[/tex]
Explanation:
We have given time period of pendulum T = 2 sec
Acceleration due to gravity [tex]g=9.8m/sec^2[/tex]
Time period of pendulum is given by [tex]T_1=2\pi \sqrt{\frac{L}{g}}[/tex], here L is length and G is acceleration due to gravity
So [tex]2=2\pi \sqrt{\frac{L}{9.8}}[/tex]------eqn 1
In second case time period is 1.99796 sec
So [tex]1.99196=2\pi \sqrt{\frac{L}{g}}[/tex]--------eqn 2
Now dividing eqn 1 by eqn 2
[tex]\frac{2}{1.99796}=\sqrt{\frac{g}{9.8}}[/tex]
[tex]\sqrt{\frac{g}{9.8}}=1.00102[/tex]
Squaring both side
[tex]\frac{g}{9.8}=1.00204[/tex]
[tex]g=9.820022m/sec^2[/tex]
Best Mobile and Turbo Tech Inc. are two competitors in the mobile phone market. The cost incurred by each company to manufacture smartphones is $200 per unit. Although both the companies sell their smartphones at the same price, Turbo Tech has a larger market share in the laptop industry. What does this imply?- Turbo Tech has a cost advantage over Best Mobile.- Best Mobile has a competitive advantage over Turbo Tech.- Turbo Tech has been able to offer more perceived value than Best Mobile.- Best Mobile has created a higher value gap than Turbo Tech.
Answer:
The answer is, Turbo Tech has been able to offer more perceived value than Best Mobile
Explanation:
In marketing, the customers’ perceived value refers to the merits they attach to a service or product due its ability to fulfill their expectations and demands in comparison with other products and services. The perceived utility between two products with similar quality and price may differ and this explains the reason why customers prefer Best Mobile products, especially laptops more than Turbo Tech.
David paid $975,000 for two beachfront lots in coastal South Carolina, with the intention of building residential homes on each. Two years later, the South Carolina legislature passed the Beachfront Management Act, barring any further development of the coast, including David's lots. When David files a complaint to seek compensation for his property, South Carolina refuses, pointing to a passage in David's own complaint that states "the Beachfront Management Act [was] properly and validly designed to preserve... South Carolina's beaches..." Is South Carolina required to compensate David under the Takings Clause?
Answer:
The correct answer would be, Yes South Carolina would be compensating David as his property is now economically valueless.
Explanation:
Under the taking clause, 'The Beachfront Management Act was properly and validly designed to preserve South Carolina's beaches', which means that no one will be allowed to do any development project near beaches in order to save the beaches.
Though it is already written in the Act, The Beachfront Management Act barred any further development on the coasts of Carolina, which makes the purchased property of David as economically valuless, so South Carolina would be compensating him as the law has passed and they won't allow further development but they need to compensate the people who purchased the property on the beaches for the purpose of future business.
Cantaloupe Technologies follows a business model in which the performance of the company is not only based on how much profits were generated, but also on how the community in general benefited from its operations. Thus, the company under its "Plant a Life" campaign promises to plant a tree with every customer purchase. Which of the following terms best describes the performance valuation model of Cantaloupe Technologies?a. Social entrepreneurshipb. Crowdsourcingc. Cannibalizationd. Entrepreneurship
Answer: Social entrepreneurship
Explanation: It is a new concept, usually followed by the startup companies. Under this style of entrepreneurship, the management tries to tackle the environmental issues by bringing up funds or providing any other kind of help.
In the given case, the company promises to plant trees on its every sale. Thus, the company is focusing not only on profits but also the problems that are caused due to over destruction of trees.
Hence from the above we can conclude that the correct option is A.
Answer:
a. Social entrepreneurship
Explanation:
Cantaloupe Technologies follows a business model in which the performance of the company is not only based on how much profits were generated, but also on how the community in general benefited from its operations. Thus, the company under its "Plant a Life" campaign promises to plant a tree with every customer purchase. Therefore, Social Entrepreneurship best describes the performance valuation model of Cantaloupe Technologies.
Jerome is training to be a vacuum cleaner sales person. Initially, he got paid for each customer he called on, even if the customer did not ask for a demonstration. Currently, he only gets paid for actually demonstrating the product. Eventually, he will only get paid for actually closing a sale. In this example, Jeromes sales skills are being developed through the use of
Answer:
Shaping
Explanation:
According to my research on studies conducted by various psychologists, I can say that based on the information provided within the question Jerome's sales skills are being developed through the use of Shaping. Psychologists refer to this term as a process of reinforcing certain behaviors that help improve a set of desired abilities. Which is what what the company seems to be doing with Jerome in order for him to develop the skills to close more sales.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Jerome's skills are honed through performance-based compensation which evolves from paying per customer contact to payment on actual product demonstrations and eventually to commission on sales closed, paralleling the benefit of focusing on comparative advantage seen in the example of Marcia and John.
Explanation:In the scenario described, Jerome's sales skills are being developed through performance-based compensation. His compensation structure changed from getting paid per customer call to getting paid for actual product demonstrations, and will change again to getting paid only for closing sales. This shows a progression towards incentivizing not just activities, but successful outcomes. In essence, Jerome is trained to refine his sales techniques and improve his efficiency and effectiveness in sales. Similar to the discussion of Marcia hiring John for cleaning to focus on hercomparative advantage of making sales, Jerome's altered compensation scheme is intended to push him towards focusing and improving on the end goal—closing sales. Retail strategies like the foot-in-the-door technique, which builds on smaller agreements to encourage larger ones, can be applicable as Jerome learns the art of making a sale. Implementing these compensation practices could potentially drive a salesman to sharpen their skills and strategies in pursuing and closing deals with customers.
Globalization: Is the subcontracting of activities to endogenous organizations that had previously been performed within the firm Is the growth of interstate trade, spurred on by the progress toward free-market policies Is the process of social, political, economic, cultural, and technological integration among countries around the world Is the process of a business crossing national and cultural borders
Answer:
The correct answer is: the process of social, political, economic, cultural, and technological integration among countries around the world.
Explanation:
Globalization can be defined as the process of integration of countries worldwide. This integration is in terms of social, political, economic, cultural and technological aspects.
Globalization is often confused as the process of increase in international trade globally. But in fact, it involves a number of aspects other than trade.
It is attributed by an increase in the cross border trade in goods and services, technology, flow of capital, information, and people.
Ms. Chen manages a clothing store. Her boss, the district manager, suggests that she fire competent employees who are old or unattractive because "they aren't good ambassadors for our brand." Ms. Chen tells her boss, "I'm sorry, but I can't do as you ask. If anyone found out that we did this, it would damage the company's reputation. The average shopper wouldn't want to do business with us." Which ethical rule is Ms. Chen applying?a. Moral rights
b. Justice
c. Practical
d. Utilitarian
Ms. Chen applies the practical ethical rule, focusing on the impact of firing employees based on age or attractiveness on the company's reputation and relationships, rather than purely on moral or utilitarian grounds.
Explanation:In the scenario presented, Ms. Chen is applying the practical ethical rule. This rule takes into account the practical consequences of an action for the stakeholders involved. In terms of business ethics, this focuses on the impact that decisions have on the company's reputation and relationships with its customers and employees, rather than purely on moral doctrines or the totality of good produced by an action. Ms. Chen's concern for the potential damage to the company's reputation if it were found to be discriminating against employees based on age or attractiveness underscores the practical considerations of maintaining trust and goodwill among the public.
It is also important to note that, while elements of justice and moral rights are touched upon due to the nature of the discrimination involved, Ms. Chen's argument is based on the practical outcomes for the company rather than on justice for the employees or a utilitarian calculation of happiness or utility. Therefore, option c, the practical rule, is the primary ethical consideration being applied by Ms. Chen in this instance.
If a market produces a level of output that exceeds the competitive equilibrium output, then
a) producer surplus will be higher. b) social welfare will be higher. c) marginal cost will exceed price. d) All of the above.
Answer:
c) marginal cost will exceed price.
Explanation:
Marginal cost, the cost per additional unit sold, is calculated by dividing the change in total cost by the change in quantity. The formula for marginal cost is: Ordinarily, marginal cost changes as the firm produces a greater quantity
Final answer:
If a market produces more than the competitive equilibrium output, marginal cost will exceed price, meaning option c) is correct. Neither producer surplus nor social welfare is maximized when production is above equilibrium, making options a) and b) incorrect.
Explanation:
If a market produces a level of output that exceeds the competitive equilibrium output, then c) marginal cost will exceed price. When output exceeds the equilibrium level, additional units cost more to produce than what consumers are willing to pay, leading to inefficiencies and a potential deadweight loss. At the equilibrium level of output and price, conversely, the sum of consumer surplus and producer surplus is maximized, which is known as social surplus or economic surplus.
This demonstrates the economic efficiency of the market equilibrium. An output level beyond this equilibrium is not economically efficient, and the social welfare is not at its highest possible level because the market is not clearing at a price that balances consumer preferences with producer costs. Thus, options a) and b) are incorrect since neither producer surplus would be higher, nor would social welfare be increased by producing beyond the equilibrium level.
Price floors and price ceilings can also create inefficiencies by preventing a market from reaching its equilibrium; these controls can cause transfers of surplus between producers and consumers but do not increase the overall social surplus.
Platinum is a relatively rare metal vital to a wide variety of industries. Xagor Corporation, a major producer of platinum, has its production plant in a country that will soon begin imposing an export tax on platinum sold and shipped to customers abroad. As a consequence, the price of platinum on the world market is bound to rise.
Which of the following, if true, tends to confirm the conclusion above?A. An inexpensive substitute for platinum has been developed and will be available to industry for the first time this month.B. The largest of the industries that depend on platinum reported a drop in sales last month.C. The producers of platinum in other countries taken together cannot supply enough platinum to meet worldwide demand.D. Xagor produced more platinum last month than in any previous month.E. New deposits of platinum have been found in the country in which Xagor has its production plant.
Answer:
The correct answer is option C.
Explanation:
Platinum is a relatively rare metal vital to a wide variety of industries.
Xagor Corporation, a major producer of platinum, has its production plant in a country. The country is going to impose an export tax on platinum sold and shipped to customers abroad. This will cause the world price of platinum to increase.
This is possible because of the scarcity of platinum. The production and supply of platinum from other countries are not able to meet the global demand for platinum. An export tax will increase the price of platinum in the country. Since the other countries are taken together cannot meet the worldwide demand. The world price will rise as well.
The statement that platinum producers in other countries are unable to meet global demand tends to confirm the conclusion that the price of platinum is likely to increase following the imposition of an export tax.
The conclusion that the price of platinum on the world market is likely to rise due to the imposition of an export tax by Xagor Corporation's host country can be confirmed by Option C: 'The producers of platinum in other countries taken together cannot supply enough platinum to meet worldwide demand.'
This statement suggests that the supply of platinum from other producers is insufficient to cover the gap that would be created by the reduced availability of Xagor's platinum, as this would be affected by the new export tax. Such a constraint on supply, when coupled with steady or rising demand, typically results in an increase in prices.
Options A and E, which speak of an inexpensive substitute and new platinum deposits, respectively, would likely counter or mitigate the conclusion of rising prices, as they suggest alternate supplies or substitutes that could fulfill demand. Similarly, Option D, regarding Xagor's increased production, doesn't necessarily contribute to confirming rising prices without understanding how this increased supply compares to global demand pressures. Option B's information on a drop in sales for industries dependent on platinum could suggest a decrease in demand, which would generally lead to a stabilization or decrease in prices.
You are a producer of cold medicine. Last month, a fire at your factory eliminated 50% of your firm’s production capability. At the same time, your compensation costs increased by 5% because of an increase in healthcare costs. What is the consequence of these events?
Answer:
-The flood shifts the supply to the left.
-The flood does not shift the demand curve.
-The increase in healthcare costs shifts the supply curve to the left.
-The increase in healthcare costs doesn't shift the demand curve.
Explanation:
The decrease in supply will shift supply to the left and increase in supply cost will shift supply left, and demand will not change
The team members of the technical team in Wescrult Inc. are working on a crucial project. Their previous manager assigned responsibilities to each of them and directed them on how to accomplish these tasks. Their present manager, Wendy, is now monitoring their tasks and taking corrective measures so that the project can be successfully completed. In this scenario, Wendy is most likely _____.
a. leading
b. controlling
c. organizing
d. planning
Answer: Controlling
Explanation: Controlling is the function of management that sets the standards for the performance, then compares the actual performance with the standards set and take corrective action if there comes any discrepancy.
In the given case, Wendy is monitoring the tasks performed by others and is also taking corrective actions. Thus, we can conclude that wendy is performing controlling function.
Suppose that a group of manufacturing firms is asked whether orders for their product have increased, remained about the same, or decreased during the last month. Suppose also that 40% report that orders increased, 40% report that orders decreased, while the remainder reported no change. What would the value of the diffusion index be?
Answer:
The answer is: The diffusion index of that group of manufacturing firms would be 0 (or remain the same if a previous diffusion index had been calculated)
Explanation:
A diffusion index is the common tendency within a group of numbers or statistics to either increase, decrease or remain the same.
The general formula for calculating the DI is:
Diffusion Index (DI) = (Increases−Decreases) + Previous DI Values
In this case, the diffusion index can be calculated by
Diffusion Index (DI) = (% orders increased - % orders decreased)
DI = 40% - 40% = 0
All oligopoly models share several assumptions. Which of the following is among them?
A. There are few or no barriers to entry.
B. Each of the firms is independent of the actions of the other firms.
C. There are only a few dominant firms in the industry.
D. The firms sell homogeneous products.
Answer: Option C
Explanation: Oligopoly refers to a market structure where a few firms dominate the complete market. The level of investment in such industries is very high so it is not easy to enter or exit these industries.
Automobile is one of many examples of oligopoly structure. There are few big firms in the industry therefore the operations of one affects the operation of others.
Hence from the above we can conclude that the correct option is C.
Ford assembles some cars in Mexico because the lower wages the company pays to Mexican workers and the lower prices it pays for auto parts in Mexico reduces Ford's costs. This is an example of Ford reacting to which of the three key economic ideas?
Answer:
The key economic idea is: people respond to economic incentives
Explanation:
This economic idea is about taking advantage of opportunities to better yourself economically as a company.
People and companies could do things for a number of reasons or motives, but they usually do thing because they are good fot them monetarily.
In this case Ford is doing this because of the economic incentive of paying less to their workers and saving that money.
A company's strategy
A. mostly proactive and consists of strategy elements that are both planned and realized as planned.
B. tends to be a combination of both proactive and reactive elements, with certain elements being abandoned because they have become obsolete or ineffective.
C. consists of initial and developing approaches aiming to ensure long-term growth. is mainly affected by a reactive approach because uncertainty is high.
D. generally consists of new strategy elements and strategic moves that emerge as changing conditions warrant.
Answer:
B. tends to be a combination of both proactive and reactive elements, with certain elements being abandoned because they have become obsolete or ineffective.
Explanation:
The strategy of a company is as follows -
A business strategy aligns with core of the business purpose and mission , and the aim is to act as the road map for - growth , competitiveness , sustained profitability .
Companies generates strategies for every area of the operation of business .
The strategy consists of -
short and long term plans for the activities and methods required to accomplish goals and milestones .
hence , from the options given in the question , the correct option about the company's strategy is ( B ) .
_____ is a key ingredient in the philosophy of marketing; it occurs when people give up something in order to receive something that they would rather have.
Answer: Exchange
Explanation: Exchange refers to the process in which two parties exchange with each other something of value, to satisfy each others wants. It is considered as a key ingredient of marketing.
Exchange can occur either on monetary basis or on non monetary basis.In the monetary exchange one person receives goods and the other receives money.
While in non monetary transactions both the parties receives some commodity from each other.
What allows good leaders to be flexible and welcome change without showing signs of resistance? Acting as allows good leaders to be flexible and welcome change without showing signs of resistance.
Good leaders show flexibility and welcome change through various leadership styles including democratic, laissez-faire, and transformational leadership. A democratic leader encourages participation in decision making, a laissez-faire leader allows group members to self-manage and make their own decisions, while a transformational leader inspires followers to exceed personal goals and follow a shared vision.
Explanation:Good leadership often requires flexibility and acceptance of change. This can be demonstrated through a variety of leadership styles including democratic, laissez-faire, and transformational leadership. A democratic leader encourages participation in decision making, chief among them being building consensus. This style is often loved by group members but can lead to slower decision making. An example is a club where members vote for projects or activities to pursue.
A laissez-faire (French for 'leave it alone') leader is another type of good leader who has a hands-off approach. These leaders allow group members to self-manage and make their own decisions. This type can be effective when handling mature and highly motivated participants with clear goals. An art teacher who leaves materials for students to create art as they wish would be an example of this.
The third style is transformational leadership. Transformational leaders inspire followers to exceed their own personal goals and influence them to follow a shared vision. Such leaders evaluate their followers' need for growth, providing developmental opportunities. They are effective during times of crisis offering innovative or radical solutions. Martin Luther King Jr. and Gandhi are examples of such leaders who used their influence to command powerful movements that effected positive change.
Learn more about Leadership Styles here:https://brainly.com/question/33490967
#SPJ3
Bub Fizz Inc. manufactures chewing gum. Through marketing research, it was learned that most of its customers use the chewing gum as mouth freshener. Hence, it modified its formula to manufacture gums that have a long-lasting flavor. In this scenario, which of the following was responsible for the change in the product?
a. Green marketing
b. Cause-related marketing
c. Promotion strategy
d. Consumer behavior
Answer:
d. Consumer behavior
Explanation:
Consumer behavior is the process by which the consumer selects, uses and enjoys a product, once you know who is buying your product or services you just have to make sure to gain their fidelity, the company changed the formula of the chewing gum because they learnt how the consumer was using it and what the consumer needed form them, that´s consumer behavior.
Answer:
The correct answer is d. Consumer behavior.
Explanation:
Consumer behavior is a process. It is the study of the processes that intervene when people or groups choose, buy, use or dispose of products, services, ideas or experiences to meet their needs and desires.
Consumer behavior describes two different types of consumer entities:
The personal consumer and the organizational consumer. The personal consumer buys goods and services for their own use, for home use, or as a gift for a third party Variables such as motivation, emotion, learning, information processing, culture and social patterns are involved.What term is used to describe an experiment run by an ad agency where the ad agency will recruit consumers to come watch a TV series and commercials? The consumer will then answer questions about the ads and the agency uses the responses to determine how well the ads will do in the real world.
Answer:
The correct answer would be, Copy Testing or Pre Testing.
Explanation:
Copy Testing or Pre Testing is a specialized research method of marketing which determines the effectiveness of the marketing plan like advertisement, promotion, etc, by recording the consumer's responses, feedback and behaviors.
So in this question when an ad agency recruit consumers to come watch a TV series and commercials between them, and then ask them questions about those ads, they are basically recording the consumer's response and behaviors and feedback of the consumers about the advertisement they formulated. This means they are practicing Copy Testing or Pre Testing.
Cyberlaw consists of:
a) Only state statutes.
b) Traditional legal principles that have changed because of technology.
c) Laws that are written on computers, smartphones, tablets or other technology. d) Only federal statutes
Cyberlaw consists of:
b) Traditional legal principles that have changed because of technology.
Cyberlaw consists of?Cyberlaw is a broad term that encompasses the legal principles that apply to the use of technology, including computers, the internet, and networks.
This includes both traditional legal principles that have been adapted to the digital age, as well as new laws that have been created specifically to address cybercrimes.
For example, the law of contracts is a traditional legal principle that has been adapted to the digital age. In the past, contracts were typically formed by signing a piece of paper.
Therefore, the answer to the question is that cyberlaw consists of traditional legal principles that have changed because of technology.
Learn more about Cyberlaw on:
https://brainly.com/question/24153954
#SPJ6
Hillward Bakers have been using since their inception ten years ago, a blue HB logo with a baker's hat on the HB. Hobert Bakers, a newly opened bakery and confectionary chain, has used the same logo. Hillward has not registered its logo, but chooses to sue Hobert. Which of the following is true of this case?
A. Trademark
B. Patent
C. Copywrite
D. Tradesecret
E. Collective mark
Answer:
A. Trademark
Explanation:
Trademark represents a phrase, a symbol, a picture or anything like that for a specific product, which if registered, states the uniqueness of the product from similar products.
Here, in the given case Hillward Bakers did not register the trademark, which is now used by Hobert Bakers.
Accordingly Hillward Bakers cannot proceed in any legal action as against the logo used by Hobert Bakers, which was designed and used by Hillward Bakers.