The key to market positioning is defining the marketing mix variables through product differentiation, supported by advertising campaigns that convey the unique attributes of a product compared to competitors, creating monopolistic competition in the market.
Explanation:The key to market positioning is defining the marketing mix variables which include product differentiation, a concept that entails any action that firms take to make consumers perceive their products as different from their competitors'. Product differentiation and the creation of a unique marketing mix can be enhanced through effective advertising campaigns. Advertising is central in conveying to consumers how a product stands out from the competition, and in the context of monopolistic competition, it can make a firm's perceived demand curve more inelastic or increase overall demand for the product.
Moreover, the importance of offering a variety of styles, flavours, locations, and characteristics is intrinsic to product differentiation, which moves markets away from perfect competition towards monopolistic competition. However, the debate continues over whether the level of variety and differentiation in a market-oriented economy is excessive, leading to socially wasteful expenses in marketing and advertising, or whether it ultimately benefits consumers by providing them with a wide array of choices tailored to their preferences.
A _____ is a misunderstanding; a mistaken thought or idea.
An outbreak of civil war within a country is an example of political risk
Stacy has lost 10 of the 20 pounds she intended to lose. she has promised herself that if she loses another ten pounds, she will buy the pair of designer jeans she has wanted for over a year. according to the stages of change model, stacy is at the _____ stage.
Stacy is in the Action Stage of the stages of change model, actively working towards her weight loss goal and ready to reward herself after achieving it.
According to the stages of change model, Stacy is at the actionable or Action Stage. People in the action stage believe they can change and are actively changing their behaviors. Stacy has not only recognized that she wants to lose weight but has already lost 10 pounds and is determined to lose another 10 pounds. She has set a clear goal for herself and has promised to reward herself with a pair of designer jeans once she reaches her target. This indicates that she is past the Contemplation Stage, where individuals are intending to start the behavior change in the foreseeable future, and is now in the stage where the actual behavior change is occurring.
The balance of Chiaki's average balance checking account at the beginning of the last cycle was $100, and the only transaction for the cycle was a check that Chiaki wrote for $20, which cleared exactly halfway through the cycle. On what amount did Chiaki's checking account pay interest last cycle?
When a company decides it will start running a production shift on the weekends which stakeholders will be most directly impacted?
When a company decides to start running a production shift on weekends, the most directly impacted stakeholders are likely to be its employees, shareholders, and customers.
Explanation:When a company decides to run a production shift on the weekends, several stakeholders are most directly impacted. Employees, who now may have to work on weekends, are a primary group. Trade unions may also be affected as this change could imply a shift in working hours.
Shareholders would also be impacted, given they are invested in the financial success of the company. A shift to weekends might impact profitability, either positively if it leads to higher income, or negatively if the cost of operating on weekends is not offset by revenue.
Lastly, customers could be affected by this change. If the increased production leads to more availability and faster delivery of products, customers may see a positive impact.
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Which of the following reasons does not contribute to a higher level of unemployment?
a)
a lack of labor mobility as people choose to remain in their hometown
b)
a reduction in union bargaining activities
c)
a reduction in economic activity due to a recession
d)
the existence of efficiency wages
A public policy underlying the imposition of strict product liability is that consumers should be protected against unsafe products.
a. True
b. False
A deleted file or folder is not permanently deleted from a computer until which event occurs? The computer is restarted. The Recycle Bin or Trash is emptied. The person who deleted it logs off. The Event Viewer is cleared.
A deleted file or folder isn't permanently removed until the Recycle Bin or Trash is emptied, not after restarting the computer or logging off. Clearing the Event Viewer doesn't result in permanent deletion either.
Explanation:A deleted file or folder is not permanently deleted from a computer until the Recycle Bin or Trash is emptied. When you delete a file or folder, the item goes into the Recycle Bin or Trash (depending on your operating system), and it resides there until you choose to permanently delete it by emptying the Bin or Trash. Restarting the computer or logging off does not result in the permanent deletion of files or folders. Similarly, clearing the Event Viewer does not delete any files or folders.
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After creating an organizational strategy based on Porter’s models, a company can
A) create process models.
B) calculate inputs and outputs.
C) examine market structure.
D) develop information systems.
please only answer if you're positive! thank you!
Answer:
Develop information systems ( D )
Explanation:
The use of porter models to develop an organizational strategy will help in the alignment of a company or organization decisions,planning and actions to enable the company achieve its goals and mission successfully.
In the organizational strategy process the process of creating models, calculating inputs and outputs, examining market structure are all embedded in the organizational strategy based on porter's model so the next action is to develop information systems to monitor the progress of your strategy .
Reba dixon is a fifth-grade schoolteacher who earned a salary of $38,000 in 2017. she is 45 years old and has been divorced for four years. she receives $1,200 of alimony payments each month from her former husband. reba also rents out a small apartment building. this year reba received $30,000 of rental payments from tenants and she incurred $19,500 of expenses associated with the rental. reba and her daughter heather (20 years old at the end of the year) moved to georgia in january of this year. reba provides more than one-half of heather's support. they had been living in colorado for the past 15 years, but ever since her divorce, reba has been wanting to move back to georgia to be closer to her family. luckily, last december, a teaching position opened up and reba and heather decided to make the move. reba paid a moving company $2,010 to move their personal belongings, and she and heather spent two days driving the 1,426 miles to georgia. during the trip, reba paid $200 for lodging
a.
Alimony received: $1,200 per month × 12 months = $14,400
Gift from mother = $3,000 gift excluded from income
Disability insurance payments: $800 of $2,000 (40%) of payment excluded because taxpayer paid 40% of premium on insurance policy = $1,200
Moving expenses: $2,010 (for moving company) + $200 (for lodging) + $242 for mileage (1,426 miles × .17 cents per mile) = $2,452
Medical expenses: $6,445 − $6,385 [10% × (3)] = $60
Casualty loss deduction: $900 − $100 = $800 − $6,385 [10% × (3)] = $0
Personal and dependency exemptions: One personal and one for Heather. See Note A. below (2 × $4,050) = $8,100
Tax on taxable income: See head of household tax rate schedule; $1,335 + $4,955.70 [15% × ($46,388 − $13,350)] = $6,291
Note A. The first question we have to answer to determine Reba’s filing status is whether she can claim Heather as a dependent. If so, she may qualify for head of household filing status. If not, she will file a single taxpayer.
Does Heather qualify as Reba’s dependent? Yes, as analyzed below.
TestIs Heather a qualifying child of Reba?RelationshipYes, daughterAgeYes, under age 24 and a full- time student (and younger than Reba).ResidenceYes, Heather had the same principal residence as Reba for the entire year.SupportYes. Heather did not provide more than half of her own support. Her scholarship does not count as support she provided for herself because she is Reba’s child.
The subject of this question is Mathematics. It involves calculating Reba Dixon's total income including her salary, alimony payments, and rental income, as well as deducting expenses associated with the rental property.
Explanation:The subject of this question is Mathematics. The question provides information about Reba Dixon, a fifth-grade schoolteacher, and her financial situation. It involves calculating her total income for the year, including her salary, alimony payments, and rental income. It also includes deducting expenses associated with the rental property. The question does not require any complex mathematical calculations but does involve basic arithmetic and understanding of income and expenses.
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Which are types of income tax that people pay? Check all that apply.
federal
local
progressive
state
sales
flat
People pay Federal, Local, and State tax.
Hope this helped!
____ focuses on using information about customers to create marketing strategies that develop and sustain desirable customer relationships
According to the question, Customer relationship management focuses on using information about customers to create marketing strategies that develop and sustain desirable customer relationships.
Customer relationship management (CRM) is a set of practises, strategies, and technology that businesses employ to manage and analyse customer interactions and data across the customer lifecycle.
The goal is to improve customer service relationships and assist in customer retention and drive sales growth.
CRM systems may also provide extensive information on consumers' personal information, purchase history, purchasing preferences, and issues to customer-facing staff members.
Therefore, customer relationship management is concerned with using information about customers to build and preserve good customer relationships.
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A country has a 2008 growth rate of 4.2 percent and a 2007 gdp of $8,222 (in billions). what was the gdp in 2008?
a. $7,876
b. $8,355
c. $8,567
d. $8,635
Stephen used a reconciliation worksheet, but his checkbook balance does not match the final worksheet balance. Evaluate the following list of possible errors that he has made. Decide which items could potentially correct this problem if found and corrected. Item number Name of potential error Explanation of what to verify I Clearing the checkbook All the transactions on the statement that match transactions in the checkbook should be marked as cleared in the checkbook. II Correcting checkbook omissions All transactions on the statement that were not found in the checkbook should have been entered into the checkbook. III Outstanding credits and debits Verify that the sum of outstanding credits and the sum of outstanding debits are correct. IV Math Verify that all addition and subtraction has been done correctly and there are no transpositions of numbers. V Previous reconciliation Verify that the previous reconciliation was performed correctly, and that all cleared items are marked as such in the checkbook. Choose the option below that correctly describes the items that could have caused this problem with Stephen’s reconciliation. a. I, III, IV, and V could cause the problem, but not II. b. I, II, III, and V could cause the problem, but not IV. c. All five of the potential errors could cause this sort of problem. d. I and II could cause the problem since there are no math errors.
Answer:
c. All five of the potential errors could cause this sort of problem.
Explanation:
just took the test
Which region is most likely to export bananas to the United States?
Guatemala - 3,348.75 Million Pounds
EXPLANATION:The US itself just creates 0.008 million metric huge amounts of bananas every year, and vigorously depends on bananas from different nations to help meet its requests for the natural product. These nations whereupon the United States depends are sketched out underneath.
10. Dominican Republic - 9.22 Million Pounds
9. Panama - 50.65 Million Pounds
8. Peru - 61.65 Million Pounds
7. Nicaragua - 87.88 Million Pounds
6. Mexico - 489.25 Million Pounds
5. Colombia - 912.04 Million Pounds
4. Honduras - 1,188.93 Million Pounds
3. Costa Rica - 1,824.69 Million Pounds
2. Ecuador - 1,730.32 Million Pounds I
1. Guatemala - 3,348.75 Million Pounds
The english parliament sought to extract money from their american colonies to pay for debts incurred from:
The English Parliament sought to extract money from American colonies to pay debts from the French and Indian War. They enforced taxation policies like the Stamp Act and the Townshend Acts, which led to the American Revolution.
Explanation:The English Parliament sought to extract money from their American colonies to pay for debts incurred from the French and Indian War (also known as the Seven Years' War). The war was expensive, and it took place largely in North America. Consequently, the British government felt the American colonies should contribute to the cost. This led to the implementation of several taxation policies, such as the Stamp Act and the Townshend Acts, which were deeply unpopular and led to growing tension between the colonies and Great Britain eventually leading to the American Revolution.
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When shopping for their brother, jack and james are presented with a red shirt by the sales person. while jack likes the shirt, james dislikes the shirt. in this scenario, even though the color of the shirt is the same, jack and james disagree because of differences in their _____ of the shirt?
The correct answer is preference. At any given time, different people will have different likings and affections towards a certain product. This is influenced by many factors such as personal taste and previous experience with the same or related product. This results to difference in alternatives when it comes to selections of goods and services from the customers’ point of view
Jack and James have different preferences for the red shirt because preferences are subjective and based on individual perception and judgment.
In the scenario where Jack and James are presented with a red shirt by a salesperson, and Jack likes the shirt while James dislikes it, they are showing that they have different preferences towards the shirt. These differences in perception result from a combination of factors like age, experiences, biases, cultural norms, and psychological factors that influence individual taste and subjective judgement. Each person interprets sensory information in their own unique way, which leads to varied preferential choices or dislikes.
The market for tablet computers contains only a few major producers. if more tablet computer producers enter the market, what will happen?
Answer:
In front of the entrance of new tablet computer producers in a market dominated by just a few, the price of the tablet computer per unit is likely to decrease since there will be more competition. Goods do not only differentiate one another for their features but also for the price since most consumer purchase decisions are price-driven.
After focusing for so long on total quality management, mobley industries found that while their product defects decreased by 18%, their product costs increased by 42%. what can they do to bring down their costs?
Mobley Industries can do the following to bring down their cost:
1. Implementation of an Enterprise Resource Planning (ERP) system
2. They can focus on corporate social responsibility
3. Implementation of a balanced scorecard approach
4. Use an activity-based costing
When mobley industries introduced total quality management, they saw that their defects decreased but their product cost increased.
There are different approaches that can help them to reduce the cost of production.
The first one is by introducing lean production method, this will eliminate wastage and lower product cost
mobley industries can also lower the inventory levels and reduce the cost of storing the product, these methods will reduce cost whilst maintaining quality.
Veronica walked into cvs with a headache, and she knew she needed quick pain relief. in the past, she used advil, an ibuprofen product. although there are several other brands containing ibuprofen, she decides to purchase advil because it worked for her in the past. what kind of decision-making process did she most likely use when choosing her pain relief?
Regarding the economy, what are the terms expand and contract generally used to describe?
a.changes in monetary and fiscal policy
b. rising and falling levels of budget deficits and debt
c. fluctuations in economy
d. changes in tax revenue
The answer is: C.Fluctuations in the economy
Each countries would experience different periods when they are economically productive and when they aren't.
During productive period, the country is experiencing economic expansion (which is marked by an increase in infrastructure and standard of living). During non-productive period, the country is experiencing economic contraction (which is marked by high unemployment and lower standard of living). The terms 'fluctuations' define the changes between one economic condition to another.
An approach of open communication and collaborative decision making suggests which type of leadership
You produce clothing, and the price of cotton just increased by a lot. As a result, you will most likely _____ your prices.
a.) raise
b.) lower
c.) not change
Simon doesn't understand why sara continually submits her assigned monthly reports late and with key information missing. he has even empowered sara to complete her reports in the manner she deems best, but something is obviously missing because the mistakes continue.
In this case, Simon should Creates accountability.
Creates accountability refers to making someone responsible to finish a certain task form the group. When accountability is created, the person would most likely subjected to a certain punishment in case that person fail to fulfil the obligation that the organisation hoped for.
Verizon develops and deploys low-altitude telecommunications systems. this is an example of . when a company purchases another business that does something different from what the purchasing company does, the purchasing company is using a strategy of . pretend that you own a small coffee shop. you have decided that this year is a good time to grow your business, and you have chosen to do so by acquiring a coffee cup manufacturer across town. this is an example of . managers often consider a strategy when deciding whether diversification is the right approach for their company.
1. I believe the answer is: related diversification.
Related diversification refers to the every efforts that company do to expand their consumer base from the market that they are currently in. This could be done by either developing a new product, or by acquiring another companies that operate in different market.
2. I believe the answer is: Vertical integration
Vertigal integration refers to a join operation made by parent companies and its subsidiaries, to combine specific aspect of operation in order to produce one same products or services. This strategy is preferred by companies who want to ensure the supply of materials for their product without having to be depended on other companies.
3. I believe the answer is: Related diversification
Related diversification refers to the efforts that companies do to expand their operations that being done by obtaining different companies that is different from the current one, but still closely related with one another. (in the example above, both companies still target the coffee market.)
4. I believe the answer is: Portofolio Strategy
Portofolio strategy is the strategy that being done by separating their investments in order to obtain their financial goals. This strategy is being done to minimize the risk of investments (if the investments are separated/diversified, the investors would not go bankrupt if one of the investment is failing)
A company that acquires and purchases consumer and other data from public records, retailers, internet cookie vendors, social media trackers, and other sources and uses it to create business intelligence that it sells to companies and to the government is called a ________.
a. data wholesaler
b. data retailer
c. data broker
d. data analyst
e. data collector
Final answer:
A company that gathers data from various sources and sells business intelligence is known as a data broker. They function within the data economy and engage in data sharing and data harvesting, which raises concerns about data privacy.
Explanation:
A company that acquires and purchases consumer and other data from public records, retailers, internet cookie vendors, social media trackers, and other sources and uses it to create business intelligence that it sells to companies and to the government is called a data broker. Similar to how a wholesaler buys products in bulk and sells them to retailers who then sell to the end consumer, a data broker acts as an intermediary, collecting large amounts of data and packaging it for use by various entities. This industry is part of what's known as the data economy, which is increasingly coming under scrutiny due to concerns surrounding data privacy and the ethical implications of data sharing and data harvesting.
Suppose you are on a committee seeking to increase revenue from your city's bus system. if demand is _______, you would recommend raising the fare.
Generally, transaction structures on a structure chart will have
A bond is a ________ instrument by which a borrower of funds agrees to pay back the funds with interest on specific dates in the future.
Describe an example of an asset that your company could link to a business loan as collateral. (2-4 sentences. 2.0 points)