Answer: D
All three partners are equally liable to the creditor, irrespective of including their surname in the title of the business
Explanation:
Taking a step back, we look into what a partnership is.
PARTNERSHIP:- this is a business which is formed by two or more persons, or group of individual with the sole aim of making profit and growing the business.
The set of business called partnership is also backed by law
It is a legal entity. It can sue and be sued. We also have various types of partner in a partnership business. Which are are follows
Silent partner,
Limited partner,
General partner.
Sam and Geoffrey, both borrowed $50,000 to start up their partnership business, with a goal of making profit and growing the business.
As a result they get their business register and inducted by law.
Although Sam is a general partner while Geoffrey is a limited partner, and as a result have different share when its comes to the profit of the business also with the loss as well.
Sam and Geoffrey both added their surname while registering the business, a new partner named Martin joins the partner business but did not include his surname to the business name.
Now, the business has fallen and at a loss and still owes a debt of $50,000 which was borrowed to start up the business.
The partnership business as a whole will be liable to the creditor, to pay back for the loss.
Sam being a General partner, in the business and Geoffrey being a limited partner in the business and both have their surname in the business, while martin whose surname is not included in the business name and is a general partner of the business.
All have losses towards the business and liable to the creditor, irrespective of their surname included or not in the business name.
The business is a legal entity, as long as you involved then taking part in the loss, when the business falls is inevitable.
Therefore, Sam, Geoffrey and Martin are liable to the creditor irrespective of their surname in the business,
Note;- the loss will be shared with the rate at which they share the business profit as well... A general partner taking the huge brunt of the loss.
In one of the case studies in the textbook, Marcus Lane, a geologist for an environmental management and engineering services firm, traveled all over North and South America as part of his job, resulting in numerous expense reimbursements. Unfortunately, Lane went too far and began to double book his air travel using his personal credit card. He booked two separate flights to the same location, but with a huge cost difference. He used the cheaper ticket for the actual flight and returned the more expensive ticket for credit. And, of course, he submitted the more expensive ticket for reimbursement. How was his scheme detected
Answer: The internal auditor discovered it when performing a routine audit of expense reimbursements
Explanation:
Marcus Lane, was a geologist who travelled all over North America and South America and this results in several expense reimbursements. Lane engaged in fraudulent activity by double booking his air travel.
He used cheaper ticket for the actual flight and more expensive ticket was returned for credit. But, he submitted the expensive ticket for reimbursement.
The fraud was discovered by the internal auditor while doing a routine audit of expense reimbursements. He was terminated and he agreed to pay the money back.
Starbucks is known for providing a consistent, great experience every time a customer patronizes a store. Starbucks' service has kept them very successful, despite the constant expansion of the company and the entry of several competitors. This is Starbucks':
Answer:
Sustainable competitive advantage
Explanation:
Sustainable competive advantages are the qualities, edge or assets a company has which cannot be matched and one which the company an edge over it's competitor in the long run.
When a customer patronizes a store due to the constant customer experience he or she receives, irrespective of the expansion of the business, the situation is called sustainable competitive advantage.
Sustainable competitive advantages are also ideas which a company has and one which clearly set out a company or firm over it rivals in the long run. For a business to make profit continuously, it must have special skills which makes it a force when it comes to brand recognition.
What Starbucks is known for is called Sustainable competitive advantage.
Sustainable competitive advantage refers to those qualities and assets a company possess and cannot be matched by its competitors in the long run.
For instance, when a customer patronizes a store because of good customer experience he/she receives there, the situation is called sustainable competitive advantage.
Also, the Sustainable competitive advantage that a firm has over its competitors in the long-run continues to place the firm over it rivals
In conclusion, what Starbucks is known for is called Sustainable competitive advantage.
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________ advertising is used in the introductory stage of the product life cycle to tell people what a product is, what it can do, and where it can be found. Multiple Choice Institutional Reinforcement Reminder Competitive Pioneering
Answer:
Pioneering
Explanation:
Advertisement can be defined as the promotion of a product to potential customers through various mediums. Advertising helps customers to gain more information about different products that are present in the market, It also helps businesses to boost the sale of their products.
Pioneering advertising is used at the introductory stage of a product into the market. This type of advertising is used at the inception of the product into the market, It is used to create awareness of the product to potential customers telling them about the various features of the product and why they should buy it.
Many apartment-complex owners are installing water meters for each apartment and billing the occupants according to the amount of water they use. This is in contrast to the former procedure of having a central meter for the entire complex and dividing up the collective water expense as part of the rent. Where individual meters have been installed, water usage has declined 10 to 40 percent. This decline in water usage has declined 10 to 40 percent. Explain that drop, referring to price and marginal utility.
Answer:
The law of diminishing marginal utility and law of demand explain the decline in water usage by the residents or occupants,in this case.Explanation:
In Microeconomic Theory,the law of diminishing marginal utility basically states that as a rational consumer or buyer consumes additional or one more unit of any product or service,the incremental or additional utility or satisfaction obtained from that per unit consumption or purchase decreases progressively.Now,law of diminishing marginal utility has a conceptual connection with law of demand,which denotes the inverse or negative relationship between price of any normal good or service and its consumer demand.It implies that as price of any normal good or service increase,its consumer demand decreases and vise versa.Now,observe that according to law of diminishing marginal utility,the additional or incremental consumer utility or satisfaction declines for per unit consumption,which essentially implies that the additional or marginal value of any normal product or service that the consumer is willing to pay decreases as he or she increases the consumption level.Therefore,the willingness to pay for any consumer decreases progressively as he or she increases consumption level.This also explains that to increase the consumption level of any buyer or consumer,the product or service price has to decrease and vise versa.In this case,as the residents use more units of water,the marginal utility or satisfaction obtained by the residents declines increasingly and so does the value they are willing to pay for more water usage.Now,installation of water meters compels the residents to pay for every unit of water they use and since the marginal utility of water drops with each unit of water usage,the price that the residents are willing to pay also drop for each additional unit of water that they use. In other words,the residents don't want to pay more and thus,they restricted their water usage.Therefore,the water usage also declined following the installation of water meter.Final answer:
The substantial decline in water usage upon introducing individual meters in apartment complexes can be attributed to the economic concepts of price and marginal utility, as residents become more conscious of their consumption due to the direct costs associated with increased usage.
Explanation:
The decline in water usage of 10 to 40 percent upon installing individual meters for each apartment can be explained by the economic principles of price and marginal utility. When water costs are included in the rent, there is a flat fee regardless of usage, leading to higher consumption because individuals do not directly bear the cost of extra usage. However, when individual meters measure consumption, and occupants are billed for their actual usage, the direct cost of consuming more water becomes apparent. This leads to more conscious decision-making regarding water usage, as each additional unit of water consumed (the marginal utility) now has a direct cost associated with it. Consequently, residents may take shorter showers, avoid leaving the tap running, and make other adjustments to reduce their water consumption. This behavior is consistent with the economic theory that an increase in the price of a commodity (or making its cost more transparent) will generally lead to a decrease in its consumption as consumers weigh the marginal utility of additional usage against the marginal cost.
Duration gap analysis:_________.
a) is a refinement of basic gap analysis that accounts for interest-rate changes over a multi year period.
b) is a refinement of basic gap analysis that accounts for how long a gap will last.
c) is a complement to basic gap analysis that accounts for the effect of interest rate changes on market value.
d) is a complement to basic gap analysis that accounts for the influence of partially rate-sensitive assets.
Answer: is a complement to basic gap analysis that accounts for the effect of interest rate changes on market value. (C)
Explanation:
The duration gap is an accounting and financial term that is typically used by pension funds, banks, or other financial institutions in order to measure their risk as a result of changes in the interest rate.
When the duration of liabilities is more than the duration of assets, the duration gap is negative and when the duration of liabilities is less than the duration of assets, the duration gap is positive.
Heinz revolutionized the industry when it introduced its inverted bottle because consumers had complained for years about how hard it was to get out that last bit of ketchup. The company spent three years designing the convenient container, which is equipped with a vacuum cap that stops dry ketchup from forming around the lid. Which of the following packaging objectives does this exemplify? Multiple Choice promote usage aesthetic communication harmony protection
Answer:
A. Promote Usage
Explanation:
Packaging involves the process of designing, evaluating and producing a container to be used in protecting and handling a product. Packaging involves majorly designing and then producing the designed container in which the product is kept in for various reasons. Reasons may include, protection, transportation, branding, ease of usage and so on. In this case, the redesigning of the ketchup bottle to produce and packaging material was to promote the usage. The new packaging bottle helped promote usage of ketchup with great ease, revolutionizing the industry.
When people move from adolescence to adulthood, they reevaluate their moral standards and move from moral decision-making based on authority to standards based on their personal principles. This is an example of _________.
Answer:
The answer in this case,would be Evolving Sexual Philosophy.Explanation:
As any individual moves from adolescence to adulthood, he or she experiences a profound and intensive psychological and emotional transformation.Moving to adulthood also implies certain changes or modification in the decision making processes or mechanisms and cognitive and discretionary principles of an individual.As advocated by Evolving Sexual Theory of Philosophy,compared to adolescence, the decision making and discretionary processes and procedures of any individual involves more of personal choices,preferences,mindsets and thought processes. This can also be biologically driven by certain hormonal and physical changes in the individual.The adolescent mind is primarily driven various moral and ethical standards that are taught by or acquired from the surrounding environment. However, certain intensive changes in the hormonal functioning,sexual evolution and psychological,emotional and cognitive maturity develops personal judgments and principles which eventually dictates the decision making procedures during the adulthood phase.The process of reevaluating moral standards during the transition from adolescence to adulthood, eventually basing moral judgement on personal principles rather than authority or societal norms, is a depiction of the post-conventional stage in Kohlberg's Theory of Moral Development.
Explanation:When individuals transition from adolescence to adulthood and begin to develop their own personal moral standards, they are moving through stages in what is known as Kohlberg's Theory of Moral Development. This theory is comprised of three main levels: pre-conventional, conventional, and post-conventional moral reasoning. As we grow and mature, we theoretically progress through these stages.
When children are very young (pre-conventional stage), their morality is mostly influenced by authority figures and fear of punishment. As they age and move into adolescence (conventional stage), their moral decisions start to be influenced by societal norms and the desire to meet expectations. Upon reaching adulthood (post-conventional stage), individuals ideally start to base their moral choices on their own personal principles and ethical standards, which may not always align with societal norms.
It's important to remember, as Lawrence Kohlberg himself emphasized, that an individual may not solely operate at one level at all times. They may make some decisions based on personal principles (post-conventional), while still making other decisions based on societal expectations (conventional).
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Benny, a supervisor, needs to assess Amanda's, a subordinate's, performance. He considers Amanda to be reliable and meets all his requirements, so he rates her as a good performer. But then Benny thinks about an exceptional employee, Christina, in his department, and decides that, compared with her, Amanda is just average. In this way, Benny's rating is a _____ error.
a. distributional.
b. contrast.
c. horns.
d. leniency.
e. halo.
Answer:
B. Contrast Error
Explanation:
Contrast error occurs during the performance evaluation of an employee, whereby the evaluation or appraisal of the employee is affected by the fact that the previous employees or co-workers were relatively good or bad. It is a rating error in evaluation of an individual, in which the level of performance of that individual or group is affected by the level of performance of another individual or group. In this case, Amanda was rated average by Benny because of how excellent Christina is. Amanda was set to get a higher performance rating Benny did not compare her performance to that of Christina.
Greyon spinning Mills Inc. owns 600 spinning machines out of these, only 500 are used in a given year. Given this information, the utilization of spinning machines at Greyon Spinning Mills Inc. is ___. A.1 B.0.83 C.1.2 D.0.75
Answer:
B.0.83
Explanation:
Data provided in the question
Total machines Available = 600
Number of machines used in a given year = 500
So by considering the above information, the utilization of spinning machines is
Utilization = Resource used ÷Resource available
= 500 ÷ 600
= 0.83
By dividing the resources used with the resources available we can get the utilization and the same is applied
When Carol was 8 years old, her mother died. As an adult, Carol has no memories of attending her mother's funeral. Which ego defense mechanism in Freud's theory would best account for the fact that Carol has no memories of this upsetting event?
1. Represssion
2. Undoing
3. Projection
4. Displacement
Answer:
1. Represssion
Explanation:
Repression represents the primary ego defense mechanism because other personality systems use the couple with different strategies. Damon didn't know. When we consciously and deliberately try to overcome the musk, it is oppression. Coitus, or rough ejaculation or thought from one's mind despite the fact that it can be reactivated in symbolic shape.Jessica experienced an increase in her income by 10% this year. In the same year, Jessica's quantity demanded of milk increased by 10% and her quantity demanded for bread increased by 5%. This means that for Jessica: a milk is a normal good, but bread is an inferior good. b both milk and bread are normal goods. c milk is an inferior good, but bread is a normal good. d milk is a normal good, but bread is a Giffen good. e both milk and bread are inferior goods.
Answer:
b both milk and bread are normal goods.
Explanation:
Jessica's demand for bread and milk increased as her income increased. This implies that both milk and bread are normal goods.
A normal good is a good for which demand increases as income rises and demand decreases as income falls.
Final answer:
Jessica's demand for both milk and bread increased as her income increased, indicating that for her, both are normal goods. Neither milk nor bread is an inferior good in her case.
Explanation:
Jessica experienced an increase in her income and consequently in the quantity demanded for both milk and bread, by 10% and 5% respectively. According to the definitions provided in the chapters on Demand, Supply, and Elasticity, the behavior of the quantity demanded for goods in response to income changes determines if a good is normal or inferior. A rise in quantity demanded with an increase in income signifies that a good is a normal good. Since Jessica's demand for both milk and bread increased, this implies they are both normal goods. Inferior goods would see a decrease in quantity demanded with an income increase, which is not applicable to Jessica's situation.
Suppose Iceland goes from being an isolated country to being an exporter of coats. As a result, a. consumer surplus increases for consumers of coats in Iceland. b. producer surplus increases for producers of coats in Iceland. c. total surplus remains unchanged in the coat market in Iceland. d. it is reasonable to infer that other countries have a comparative advantage over Iceland in coat production.
Answer:
Option (b) is correct.
Explanation:
It is reasonable to infer that Iceland have a comparative advantage in producing coats, it is may be due to the lower opportunity cost of producing than the other country.
A country is exporting a commodity in which it has a comparative advantage and also, a country is exporting a commodity if the world price of the product is greater than the domestic price of the product.
Under a free trade condition, Iceland continue exporting coats until the domestic price become equal to the world price.
Hence, if there is any increase in the domestic price of the coat then this will result in a reduction in consumer surplus.
If Iceland exports coats at the world price then the producers of the coats will experience an increase in the producers surplus.
What is the food service term for the amount of money remaining from a sale after subtracting the sold itemâ s cost from its selling price?
1.Check
2 Food cost percentage
3 Contribution margin
4.Cost of food sold
Answer:
The answer for this question is contribution margin or option 3 from the answer options or list.Explanation:
In Business and Accounting, the contribution margin basically refers to the difference between the price of any product or service and the variable cost of production. Contribution margin for per unit of product or service also represents the additional profit of the firm or company based on its marginal variable cost or expense and the per unit product or service price. The aggregate or overall contribution margin signifies the ability of any firm or seller to cover all its fixed cost or expenses and accumulate overall or total profit in business.In this case, the the selling price of the food item or service represents its market price at which the consumers or buyers have purchased it and the sold item's cost denotes the variable cost of production.Hence, the difference the two phenomenon denotes the contribution margin in this case.Ben and Kate had been negotiating Ben's employment contract in conversations over the phone for a couple of weeks.Finally, they agreed on some contract terms.Kate offered to create a draft of the contract for Ben to read over.On the same day Ben was fired from his job.Afraid he would be unemployed, Ben signed Kate's draft without reading it.In this example Ben:
A)can avoid the contract because of mistake by failure to read.
B)can avoid the contract because he was the victim of economic duress.
C)cannot avoid the contract because of economic duress or failure to read.
D)may rescind the contract because of unilateral mistake
Answer: C. cannot avoid the contract because of economic duress or failure to read.
Explanation: Economic duress in contract happens when one of the party threatens to pull out or cancel a contract if the other party do not agree to his demand. It occurs when the other party is left without any other option and his stuck, but had to agree to the new terms of the contract.
In this case Ben signed the contract without reading it because he was sack for his current job, putting him in a tight situation.
Which marketing strategy using the product-market grid involves targeting separate product lines for unique segments?
Final answer:
Product differentiation is the marketing strategy that targets separate product lines to different market segments, enabling companies to offer variety and creating monopolistic competition.
Explanation:
The marketing strategy that involves targeting separate product lines for unique segments is known as product differentiation. This strategy utilizes the product-market grid to identify opportunities to provide distinct products for different market segments. Product differentiation is a crucial action taken by firms to make consumers perceive their offerings as different from competitors' products.
Product differentiation can reflect various aspects, such as style, flavor, location, and characteristics. It creates a perceived value among consumers, leading to monopolistic competition. By offering a diverse array of products, companies can meet the specific needs and preferences of different customer segments, moving away from a perfectly competitive market scenario where products are undifferentiated.
Carlos is doing a VRIO analysis for a product his company is thinking about producing. The first question he asks is, "Does this new capability allow us to minimize the threat of the main competitor gaining more market share?" He decides the answer to this question is "yes." Which aspect of the VRIO analysis does this question answer?
Answer: value
Explanation:
VRIO is an internal analysis that is used to identify and evaluate the resources in a company. VRIO
is an acronym that stands for Value, Rareness, Imitability, Organization.
The VRIO Analysis is a technique for the evaluation of a company's resources to give the company competitive advantage.
Asking a question on whether a new capability reduces the threat of the main competitor enjoying more market share is part of value under the VRIO analysis.
This question answers the aspect of the VRIO analysis related to Value.
Explanation:This question is answering the aspect of the VRIO analysis related to Value. In a VRIO analysis, the question of whether a new capability allows a company to minimize the threat of competitors gaining more market share helps determine if the capability adds value to the company. If the answer is 'yes,' it suggests that the new capability is valuable and can provide a competitive advantage. Other aspects of VRIO analysis include Rarity, Imitability, and Organization.
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If P denotes the price of goods and services measured in terms of money, then:________.
a) 1/P represents the value of money measured in terms of goods and services.
b) P can be interpreted as the inflation rate.
c) The supply of money influences the value of P, but the demand for money does not.
d) All of the above are correct.
If the group has been through a great deal of divisive and unproductive conflict to reach the first agreement, then the renegotiations do not have to specifically attend to changing and managing the conflict process.A. TrueB. False
Answer:
The correct answer is letter "B": False.
Explanation:
Renegotiations are carried out to attempt to settle an agreement between individuals or among participants of a team. It matters to identify what conflict-resolution processes were implemented during the first meeting so those approaches are avoided in the renegotiation. It is suitable to find new practices through which all the parties can deal with working towards the same objective.
Web World began using dollar-value LIFO for costing its inventory last year. The base year layer consists of $600,000. Assuming the current inventory at end of year prices equals $828,000 and the index for the current year is 1.10, what is the ending inventory using dollar-value LIFO?
Answer:
768,000
Explanation:
Year 1: 600,000
Year 2: 828,000/1.10=752,727
(600,000+ x)=752,727
x=152,727
152,727*1.10=168,000+600,000=768,000
The core competency of GoGo Motors is its fuel-efficient engine found in its cars. These engines are developed and built in-house. The company realizes that the growing demand for "green" vehicles has created a new market opportunity. Thus, it uses its existing technology to develop an engine that improves the fuel efficiency of recreational motorhomes. In this scenario, GoGo Motors isA. redeploying and recombining existing core competencies to compete in future markets.B. building new core competencies to protect and extend current market position.C. building new core competencies to create and compete in future markets.D. leveraging existing core competencies to target the chasm between the early adopter and early majority market segment.
Answer:
lol i knew it but then had to do something and forgot
Explanation:
A consumer is reading a magazine with an advertisement, but due to a loud sound he is distracted from reading the advertisement and is not able to grasp its key points. In the context of the communication process, this unplanned static or distortion is called ________.
Answer:
Noise
Explanation:
Noise is defined as any factor that interrupts communication process. It is anything that distracts the reader or listener from comprehending a message that is been passed across. It serves as a barrier to the communication process. In this case, the barrier to communication for the reader is a loud sound which is a factor of noise. Noise can either be a physical sound like in this case or a mental disturbance coming from the brain.
Finwes is an advertising company. Because of certain untoward incidents in the company, the management decides to create a formal written document that would guide the employees in making right decisions in various professional situations. In this scenario, the management wants to create a _____.
Answer:
The correct answer is Code ot Ethics.
Explanation:
A code of ethics is a document that establishes general guidelines that must be followed when situations of any kind arise in the execution of work. These guidelines determine the behavior that an employee must have in the event of a specific case, respecting the policies, values, guidelines, etc., that govern the organization.
Information technology has advanced dramatically within the last 25 years or so. At the same time there have been significant shifts in companies and the business world. Some examples of these changes are: globalization or global business; the speed at which business, people, and societies move; pressure to deliver better quality and customer service. Did the technology push the changes in the world, or was it the other way around? What evidence is opinion based upon or how did you draw your conclusions?
Answer:
Did the technology push the changes in the world, or was it the other way around? What evidence is opinion based upon or how did you draw your conclusions?
In my opinion the world started to change during the 1970s when Steve Jobs introduced the personal computer. Before him, only huge corporations could afford computers since they were huge and costed millions. Since then, information technology (IT) has increased in gigantic steps and when the internet was available for public use, the world as we know it changed.
When the world was struggling again during the great recession, my hero came back and changed the way IT industry again with the iPhone and the whole app culture. I am a little over 25, and I can tell that everything was very different when I was a small kid. You actually needed to read a newspaper and use encyclopedias (very large books).
Now everything is on the web and now most of us are even working using the internet. In just seconds we know what is happening in China or any other country in the world, while before all we heard about China was that were many Chinese and they were communists. IT has enabled whole new industries that boost the economy much more than any other manufacturing business ever had. The world would be a much different place if it wasn't for the Apple I, the internet or the iPhone.
Advances in technology and the shift towards globalization have acted synergistically to shape each other and the world. Improved communication technologies and developments like Moore's Law have revolutionized business operations, increasing competitiveness and efficiency. Both aspects have driven mutual influence, indicating that technology both pushes and responds to global business changes.
The question of whether advances in technology have driven changes in the world or vice versa is quite complex, as these forces seem to act in a synergistic manner. On one hand, globalization and technology developments have certainly been interconnected, with each driving the other forward. Improved communication technologies, such as the internet, have made it easier for consumers to order products from anywhere in the world, thereby increasing competition among businesses and making markets more global.
Moreover, the advent and rapid evolution of personal computing power, the Internet, and nanotechnology, backed by Moore's Law, have revolutionized how work is conducted and created vast new opportunities. These technological advancements have essentially changed expectations and operational models within businesses, pushing them toward global engagement and faster, more efficient processes.
The realities of international marketplace and the recognition of the importance reducing uncertainty have persuaded many courts: I. To accept choice of law and forum clauses in international contracts II. To require mandatory arbitration clauses in international contracts
Answer:
I. To accept choice of law and forum clauses in international contracts
Explanation:
The realities of international marketplace and the recognition of the importance reducing uncertainty have persuaded many courts to accept choice of law and forum clauses in international contracts.
Ron just started working for a car wash company two weeks ago. Ron's team members come back from breaks late, and do not worry too much about the best quality job. How should Ron respond?
A) Follow his team members example since they have worked at the car wash longer
B) Tell the owner how poorly the other team members are performing
C) Continue to come back from breaks on-time and do the best job possible
D) Tell his team members that they are a bunch of losers
Answer:
I would say B would be the best answer.
Explanation:
You shouldn't try to push it onto yourself to fix, the owner/manager to fix the problem!
For every $100 in assets, a bank has $40 in interest-rate sensitive assets, and the other $60 in non-interest-rate sensitive assets. The same bank has $50 for every $100 in liabilities in interest-rate sensitive liabilities, the other $50 are in liabilities that are not interest-rate sensitive. If the interest rate on assets increases from 5 to 6 percent, and the interest rate on liabilities increases from 3 to 4 percent, the impact on the bank's profits per $100 of assets will be:
Answer:
the bank's profits will decrease by $0.10 per $100 of assets
Explanation:
increase in revenues increase in expenses
$40 x 5% = $2 $50 x 3% = $1.50
$40 x 6% = $2.40 $50 x 4% = $2
+$0.40 + $0.50
if the interest rates increase, the bank's revenues will increase by $0.40 for every $100 worth of assets, but its expenses will also increase and in a higher proportion. The bank's expenses will increase by $0.50, so the net change will be $0.40 - $0.50 = -$0.10 or $0.10 less profits
When Tyler accessed a Website called FindArticles, he noticed a mini-billboard spread across the top of his computer screen advertising the Ford Focus. The ad invited him to click on it and learn more about the car. What type of ad did Tyler see at the top of his screen when he was using the Web site?
Answer: The options are listed below:
A) Button
B) Interstitial
C) Banner
D) Classified
E) Spam
Tyler saw a Banner ad. Option C.
Explanation: A banner ad, also known a web banner, refers to an advertisement that is displayed into a web page. The advertisement consists of an image which invites the web user to click on it.
This form of online advertising entails embedding an advertisement into a web page. The purpose of the banner ad is to attract traffic to a website by linking to the website of the advertiser.
There are two types of banner ads:
- The horizontal banner
- The vertical banner
The horizontal type of banner ad is called a leaderboard, while the vertical banner ad is called a skyscraper. The vertical banner is positioned on a web page's sidebars. Banner ads are only image-based rather than text-based, and they are a very common form of online advertising.
The researchers at beans inc., a coffee manufacturing company, developed a new variety of high-quality ground coffee. the new variety was priced at a comparatively lower price than those available in the market. therefore, the advertisements for the product stated, "the highest quality coffee does not have to be expensive." this is an example of communicating a product's _____.
a. marketing mix
b. product parity
c. competitive advantage
d. competitive parity
Answer:
c. competitive advantage
Explanation:
-Marketing mix refers to the internal strategy developed by a company to market its product based on four factors: price, place, promotion and price.
-Product parity is a product that is similar to other products in the same category.
-Competitive advantage is the feature that allows a company to have a better performance than its competitors.
-Competitive parity is when a company achieves the same performance that the competitors have.
According to this, the answer is that this is an example of communicating a product's competitive advantage because the lower price is the feature that would allow the company to differentiate from the competition.
You post a notice at school that you will sell your laptop computer for $600. A buyer comes by your room to look at it while you are gone and your roommate sells it for $500, thinking you would be happy with that price, which you did not authorize.
Which of the following statements is/are true?
a) You must accept the deal because your roommate had implied authority.
b) You must accept the deal because people living together have power of attorney.
c) The deal cannot be void because there was no consent.
d) You can accept the deal by express ratification only.
e) None of the above
Answer:
e) None of the above
Explanation:
Agency refers to a relationship between a principal i.e the person who allows another person i.e the agent to act on his behalf and allow him to do such acts which the principal in the ordinary course himself would.
Agency can be express or implied. In the former case, the agency agreement is executed and terms and conditions between the two parties are specified in written form.
In case of implied agency, the agency is implied from the conduct of both parties i.e their relationship.
Ratification of an agreement or a contract refers to making it valid by formal approval or confirmation of terms by both parties, in the same sense and in the same context.
In the given case, an individual posted a notice for sale of laptop for a certain price. During his absence, the same laptop was sold by his roommate for a lower consideration than specified by the individual.
Herein, the individual did not authorize the roommate to sell the laptop. Thus, the individual may approve i.e ratify the action of roommate expressly, if such a formal agreement exists or via implied ratification wherein the individual accepts the consideration of $500 without objecting to the roommate's action.
As a result of a decrease in the value of the dollar in relation to other currencies, U.S. imports decrease and exports increase. Consequently, there is a(n): increase in aggregate demand. increase in short-run aggregate supply. decrease in the quantity of aggregate output supplied in the short run. decrease in the quantity of aggregate output demanded.
Answer:
The answer is A. increase in aggregate demand
Explanation:
Decrease in imports and decrease in exports infer net exports are positive, meaning the country is exporting more than it is importing. As a result, demand for goods and services is higher and aggregate demand rises. Aggregate demand rises because more foreign consumers have access to this goods or services in addition to the local demand.