The level of customer willingness to pay more for a good or service is referred to as brand equity.
How does brand equity work?A brand's value is referred to by the marketing phrase "brand equity." The way consumers perceive and interact with a brand influences its value. A brand has good brand equity if consumers are fond of it.
What is an example of brand equity?Apple is a prime example of a brand with strong brand equity. Although Apple devices share many characteristics with other companies, the company's price premium, client loyalty, and demand are among the highest in the consumer technology sector.
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The demand for a good increases when the price of a substitute in consumption ________ and also increases when the price of a complement in consumption ________.
The demand for a good increase when the price of a substitute in consumption decreases and also decreases when the price of a complement in consumption increases.
What is demand and supply?Supply and demand is an economic theory that describes how prices are set in a market in microeconomics. In a competitive market, it is hypothesized that all else being equal, the unit price for a specific good or other traded good, such as labor or liquid financial assets, will fluctuate until it settles at a point where the quantity demanded (at the current price) will equal the quantity supplied (at the current price), resulting in an economic equilibrium for price and quantity transacted. It is the theoretical cornerstone of contemporary economics.Therefore, the demand for a good increases when the price of a substitute in consumption decreases and also decreases when the price of a complement in consumption increases.
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Of the various business-level strategic alliances, __________ alliances have the most probability of creating sustainable competitive advantage, and __________ have the lowest.
Of the various business-level strategic alliances, vertical complementary alliances have the most probability of creating sustainable competitive advantage, and competition-reducing have the lowest.
What is strategic alliance?A strategic alliance is an agreement between two or more companies in which there is strategically relevant collaboration of some sort.
In a strategic alliance, there is:
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______ costs are costs that make customers reluctant to switch to another product or service. Multiple choice question. Production Supplier Consumer Switching
"Switching costs" are costs that make customers reluctant to switch to another product or service.
What is Switching cost?The expenses a consumer incurs as a result of switching brands or products are known as switching costs.
The possible switching costs are -
Financial, psychological, effort-based, andtime-basedThe switching cost can be created by-
The value that points programs generate for the brands that use them and the customers who take part in them much outweighs their seeming simplicity.By rewarding customers with points for every purchase, brands can increase the switching costs' motivating effect by giving their customers something to lose if they go to a rival.To know more about switching costs, in the context of technology industries, here
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The Hallmark Card Company is able to maintain good dealer relationships because it limits the number of stores in a geographic area and carefully monitors the quality of the stores through which it sells. Hallmark uses _____ distribution. Group of answer choices selective extensive concentrated exclusive intensive
Hallmark uses Selective distribution.
What is Selective Distribution? Selective Distribution: This refers to a strategy where a firm opens a particular or less number of outlets first in a specific location.This might be limiting at first but is surely a good start as this not only reduces the chances of loss instead helps the brand/ firm to prosper and focus on its product quality.Initially, the retailers and distributors appointed by the firms are few but later on, this marketing strategy proves to be superior. The benefits of Selective Distribution are Better market coverage than distribution.Concentrated efforts on specific outletsMore control and less cost than intensive distributionKnow more about Selective Distribution questions:
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Which of the following explain the concept of explicit costs? (Check all that apply.) Multiple select question. A firm's monetary payments made for the use of resources owned by others. A firm's monetary payments that self-employed resources could have earned in their best alternative use. A firm's monetary payments to those who supply labor services, materials, fuel, and transportation services. A firm's monetary payments received for the use of resources owned by the firm.
The phrase "explicit costs" refers to a company's monetary payments to individuals who provide labor, materials, fuel, and transportation services as well as payments paid for the use of resources that belong to other people. The correct option is (a) & (c) .
What is labor specialization?When businesses separate their production or service process into many fixed tasks, specialization of labor, also known as division of labor, develops. Employees don't complete numerous tasks themselves; instead, they repeat a single step of the production process.The marginal-cost, average-total-cost, and average-variable-cost curves all move up.YWhat is division of labor and specialization in economics?
When a worker is specialized, they only carry out a small number of different jobs. In the context of businesses, it alludes to many businesses that specialize in manufacturing various items or services. When a good or service is produced, various workers are assigned to distinct duties. This is known as division of labor.Learn more about labor specialization
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A(n) ________ estate represents the most complete form of ownership of real estate; the owner is free to divide it up into lesser estates and sell, lease, or borrow against them as he or she wishes.
A fee simple estate represents the most complete form of ownership of real estate.
In fee simple ownership, all rights to the land are unrestricted and unconditional. Absolute estate is a sort of infinite estate. When a deed transfers land unconditionally to a recipient—typically "to John Doe" or "to John Doe and his heirs"—a fee simple is normally generated.
If 123 ABC Street is transferred via a warranty deed, for instance, the land would revert to the grantor if 123 ABC Street is no longer being utilized as a school. A fee simple determinable estate would be this one.
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Using the same resources, the country of Zanzibarus produces 12 million pounds of beef or 5 million pounds of pork. Zanizibarus has a (n) ________ in beef in contrast with pork production.
Using the same resources, the country of Zanzibarus produces 12 million pounds of beef or 5 million pounds of pork. Zanizibarus has a (n) Comparative Advantage in beef in contrast with pork production. This is further explained below.
What is Comparative Advantage?Generally, Superior performance in one economic activity (such as the production of one product) over another.
In conclusion, Using the same amount of resources, the nation of Zanzibar can produce 12 million lb of beef or 5 million lb of pork. Zanzibar has an n-Comparative Advantage in the beef market compared to the pork market.
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Burich Company reported short-term borrowings of $4.00 million, long-term borrowings of $6.95 million, repayments of long-term borrowings of $4.25 million, interest payments of $781,500, purchase of common stock shares for treasury of $2.00 million, and cash dividends declared of $4.85 million. What is the cash flow from financing activities
$4,70,000 is the cash flow from financing activities.
What are financial activities?Transactions involving owner equity, long-term liabilities, and adjustments to short-term loans are referred to as financing operations. The transfer of cash and cash equivalents between the organization and its financial sources is considered a financing activity. Let's examine financial operations in further detail.What are the 3 financing activities?Cash transactions involving owners' equity and noncurrent liabilities are considered financing activities. The principal amount of long-term debt, stock sales and repurchases, and dividend payments are examples of noncurrent liabilities and owners' equity items.Why is financing activities important?Both investors and debt suppliers for the company need to know specifics about financing activities. The enterprise's financial efficiency is determined by reflecting these actions. It demonstrates the organization's capacity for fund-raising and money management.According to the question:
= Short-term borrowings $4.00 million inflow + Long-term borrowings $6.95 million inflow - Long-term repayments $ (4.25) million inflow - Treasury stock purchases $ (2.00 ) million inflow.
= $4.00 + $6.95 - $4.25 - $2.00.
= $ 4.7 million.
Net financing cash inflow $ 4.7 million inflow.
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What is the name of the document that companies use to report quarterly financial results?.
Answer:
Form 10-Q
Explanation:
Consumers are required to apply their skill or analytical or creative thinking to try to win a prize in a(n)
Consumers are required to apply their skill or analytical or creative thinking to try to win a prize in contests.
Analytical or creative thinking:
While creative thinking is occasionally referred to as "lateral" thinking, analytical thinking is also known as logical thinking. Others go further to highlight the idea by comparing it to whether thinking is more left-brain (analytical) or right-brain (creative).
Converging on facts, data, knowledge, judgment, experience, and wisdom in quest of the best answer is known as analytical thinking. Diverging one's thinking to consider a wide range of possibilities is the act of being creative.
It's common for people to identify themselves as either analytical or creative thinkers, and to some extent, this is true because most people tend to lean more toward one or the other. But skills are frequently less natural than people believe.
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Answer: contest or contests
Explanation:
An employer cannot discharge a worker who, in good faith, refuses to work in a high-risk area if bodily harm or death might result. Group of answer choices False True
It is true to say that an employer cannot dismiss a worker who, in good faith, refuses to work in a high-risk area.
What are work safety procedures?They are a set of legal measures that must be in place in every organization whose services and practices can put an employee's safety at risk, such as handling chemicals and environments with unhealthy conditions.
Therefore, every employee must have a healthy work environment, with prevention of work accidents and safety to protect their health and physical and mental integrity.
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George is fun to be around but loses interest in his work without regular dialogues about it. As a portfolio risk analyst, his tasks can be tedious and detail-oriented. To keep George motivated, his manager can
To keep George motivated, his manager can plan weekly meetings for staff to discuss their work.
In the question, we are given,
George is fun to be around but loses interest in his work without regular dialogues about it.
As a portfolio risk analyst, his tasks can be tedious and detail-oriented.
Therefore, if George's manager plan weekly meeting for staff to discuss their work. It will give George time and place to work with regular dialogues without which he can not work.
Hence, to keep George motivated, his manager can plan weekly meeting for staff to discuss their work.
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Brett offers to sell his old cell phone to James for $65. James says he will accept the offer if Brett lowers the price to $60. James has __________. Multiple Choice entered into an executory contract made an unequivocal acceptance made a counteroffer demonstrated the exculpatory rule entered into an option contract
James has made a counter offer.
What Is a Counteroffer?
A counteroffer is a response given to an initial offer. A counteroffer means the original offer was rejected and replaced with another one. The counteroffer gives the original offered three options: accept the counteroffer, reject it, or make another offer.
Counteroffers are prevalent in many types of business negotiations, transactions, private and public deals between two individuals or two entities. You may find them in real state deals, employment negotiations, car sales, private placements, mergers acquisitions, takeovers, etc.
Thus, we can say that James has made a counter offer.
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A basic interest rate that is not adjusted for inflation is called a(n)___ interest rate.
A basic interest rate that is not adjusted for inflation is called a nominal interest rate.
What is Inflation?It should be noted that inflation simply means the increase in the prices of goods and services.
In this case, nominal interest rate is the basic interest rate that is not adjusted for inflation.
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Answer:
Nominal is the answer
Explanation:
as asked to share how she would conduct a product launch with a limited budget and only three weeks. The interviewer was testing her ________ ability
The blank will be fill by effective and efficient.
There is a significant distinction between the words effective and efficient, even though both words indicate "capable of generating a result." Effectively translates as "getting the desired effect." In order to produce desired results without wasting resources (materials, time, or energy), anything must be efficient.
As asked to share how she would conduct a product launch with a limited budget and only three weeks. The interviewer was testing her effective and efficient ability.
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At the beginning of last year an investor purchased 300 shares of common stock from MRP Corporation at $20 per share. During the year, the firm paid dividends of $1 per share. At the end of the year, the investor sold the 300 shares at $21 per share. What is the rate of return
Rate of return would be 10%
Rate of Return
It is actually the difference between the amount invested when stock purchased in the beginning by an investor and the investment made while selling the stock at the end.It is used to measure the profit or loss made during the investment.In real rate of return calculation inflation factor is taken in to the consideration but not in simple rate of return calculation.IRR takes time value of money in its consideration.It has been taken out on different types of assets, stocks, bonds, and many more.(CAGR) Compound annual growth rate is close related concept to simple rate of return.learn more about this here-
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The practice of using team selling to focus on important customers so as to build mutually beneficial, long-term, cooperative relationships is known as
Major Account Management is the practice of concentrating on key clients in order to develop long-term, cooperative relationships that are mutually profitable.
Understanding who makes choices, who our rivals are, and how our product affects the customer's business are all important aspects of managing major accounts. Those in management should keep refining their analytical, networking, and questioning skills.
Since success does not just happen, any important account needs to be managed. Organizing a regular review meeting with the customer, educating the account staff to better understand the customer, handling issues and managing complicated projects are all examples of managing. When I say manage, I mean performing all those actions that make things run smoothly. We will significantly boost our chances of long-term, sustainable success if we put a lot of effort into each of the account management areas and if we earn our consumers' confidence.
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The ________ is a document that describes the marketing environment, outlines the marketing objectives and strategies, and identifies how the company will implement and control those strategies.
The marketing plan is a document that describes the marketing environment, outlines the marketing objectives and strategies, and identifies how the company will implement and control those strategies.
An advertising and marketing plan is the advertising method that an enterprise will implement to promote its product or service. The marketing plan will help determine who the goal marketplace is, how quality to reach them, at what charge factor the products or services must be sold, and the way the organization will degree its efforts.
Types Of Marketing Plans And Strategies
Market Penetration Strategy.Market Development Strategy.Product Development Strategy.Diversification Strategy.An advertising and marketing plan needs to not simplest focus on patron acquisition; it has to also keep in mind the entire purchaser adventure, from product improvement to purchaser onboarding and provider. this will assist make sure that you're watching for and representing clients' desires.
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An organization should consider only projects with a positive ________ if financial value is a key criterion for project selection.
Net Present Value (NPV).
A positive NPV means the return from a project exceeds the cost of capital return available by investing the capital elsewhere
More about NPV :
The difference between the current value of cash inflows and withdrawals over a period of time is known as net present value (NPV). To evaluate the profitability of a proposed investment or project, NPV is used in capital budgeting and investment planning. Calculations to determine the present value of a future stream of payments yield the NPV.
NPV compares similar investment options by taking the time value of money into account. Any project or investment with a negative net present value (NPV) should be avoided since the NPV depends on a discount rate that may be calculated from the cost of the capital needed to invest.
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A company pays each of its two office employees each Friday at the rate of $210 per day for a five-day week that begins on Monday. If the monthly accounting period ends on Tuesday and the employees worked on both Monday and Tuesday, the month-end adjusting entry to record the salaries earned but unpaid is:
If the monthly accounting period ends on Tuesday and the employees worked on both Monday and Tuesday, the month-end adjusting entry to record the salaries earned but unpaid is $840.
For two employees and for two days, the adjustment made was 4 times their per day income.
Total month end adjusting entry will be 2×2×$210 = $840
What is Accounting Period?
A set period of time, such as a calendar year or fiscal year, is referred to as an accounting period in which income balance of whole month is calculated.It is used for performing, aggregating, and analyzing accounting operations.The accounting period is helpful for investing because prospective investors can assess a company's success by looking at its financial statements, which are based on a set accounting period.What is Month-End Adjusting Entry?Month-End Adjusting Entry is a record created at the conclusion of an accounting period that allows an income or expense to be recognized in the timeframe in which it is incurred.Accruals, deferrals, and estimations are the three forms of Month-End Adjusting Entry that are most frequently used.What is Fiscal Year?Companies and governments utilize fiscal years, which are one-year periods, for financial reporting and planning.The most typical accounting period utilized to create financial statements is a fiscal year.A company's fiscal year is based on 3 determining parameters namely financial reports, external audits, and federal tax filings.Know more about Accounting Period https://brainly.com/question/14880780
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It is every employee’s responsibility to help implement administrative decisions.
Yes, It is every employee’s responsibility to help implement administrative decisions.
What is administrative decisions and how does it concern the employees?
The administrative decisions are the decision that is been made by the management of the organization to achieve the goals of the organization.
however, this decision should be implemented by all the employess.
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Many older companies have changed from a defined-benefit plan to a(n) ________, which is a retirement plan where workers are credited with a percentage of their pay each year, plus a predetermined rate of interest. Question 23 options: funded pension plan cash balance plan unfunded pension plan percentage plus inflation plan None of these
Cash balance plan. The IRS accepts cash balance plans as qualified retirement plans, which are a subset of defined benefit plans.
What is a Cash balance plan?A "hybrid" plan, also referred to as an IRS-qualified retirement plan, is a Cash Balance plan. Each participant's account in a Cash Balance plan grows annually in two ways: first, through an employer contribution, and second, through an interest credit that is guaranteed rather than reliant on the performance of the plan's investments.
The guaranteed annual interest credit is not reliant on the success of the plan's investments. For smaller plans, the interest credit typically has a fixed rate of return of 4%, whereas for some larger plans, an actual rate of return (ARR) may be more appropriate. Participants are entitled to receive the vested portion of their account balance when their employment ends.
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Which of the following is NOT a public good provided by the government?
Electricity is not given away for free. People are charged for the goods or units of power they use. Ths it is not provided by the government as a public good.
What are public goods?
A good or service that can be consumed by one person without excluding others (national defense, flood control, street lights, open-sources software).
A good that the government offers that is both non-excludable and non-rivalrous is known as a public good.
Public goods include things like security, law enforcement, streetlights, and lighthouses. When there is a market failure, governments frequently try to supply public goods.
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Renzo uses his computer to access an online meeting room where he takes part in meetings with his department members. In this meeting room, participants are able to present PowerPoint slides and Word documents, share spreadsheets, demonstrate products, visit Web pages, and use a white board. Renzo and his colleagues are using what type of collaboration technology
Often, products enter the Blank______ stage of the product life cycle not due to any error in strategy but because of environmental changes.
Often, products enter decline the stage of the product life cycle not due to any error in strategy but because of environmental changes.
What is product life cycle?A product life cycle is the amount of time a product goes from being introduced into the market until it's taken off the shelves. There are four stages in a product's life cycle—introduction, growth, maturity, and decline.
What is the decline stage?The final stage of the product life cycle (after introductory stage, growth stage and maturity stage) when sales are dropping because the original need and want have diminished or because another product innovation has been introduced.
The sales of most products will decline at some stage. This can be due to factors such as technological advances, trends, innovation or changing consumer tastes. You will know when your product reaches the decline stage of its life cycle because you will notice a significant downturn in the revenue it generates.
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When buying on margin, brokers typically charge Blank______ interest. Multiple choice question. no low high\
When buying on margin, brokers typically charge low interest.
What is margin?Margin is the sum of money borrowed from a broker to pay for an investment; it is equal to the difference between the investment's entire value and the loan sum.
In the field of finance, the term "margin" has many different definitions. A company's profitability can be determined by looking at its profit margin. Margin is a deposit made by an investor to open a position in the realm of futures trading. In contrast, the margin in stock trading is cash borrowed from a broker. However, before taking out one of these loans, keep in mind that interest will be charged on money borrowed in margin accounts.
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Investment depends on the ______ interest rate, and money demand depends on the ______ interest rate. a. real; real b. nominal; nominal c. real; nominal d. nominal; real
The correct option is C.
What are investments?Investment is a broad term used to refer to any asset or item(s) that are acquired with the sole aim of generating profit. These investments often take various forms such as
Shares investmentsProperty investments Cash investments Fixed interest investments.Typically these investments depend on the real interest rate, and money demand depends on the nominal interest rate.
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Daniel's failure to deliver ice-cream makers and waffle makers on time resulted in a two-week delay in the opening of Sheena's new ice-cream parlor. Sheena incurred a heavy loss since she had to pay the rent for those two weeks as well as salaries to the personnel hired. In this case, which of the following remedies is a court most likely to award Sheena? Group of answer choices nominal damages liquidated damages differential damages specific performance consequential damages
consequential damages remedies is a court most likely to award Sheena.
Consequential damages: What are they?The plaintiff may sue the defendant for injury incurred as a result of the defendant's actions by claiming consequential damages, also known as special damages.
How can consequential damages be proved?The claimant must demonstrate that consequential damages were both reasonably foreseeable at the time the parties entered into the contract proximately caused by the breach in order to be awarded compensation. The harder obstacle to clear is proving the quantity, which is more difficult than determining foresee ability.What is an illustration of a consequential damage?Property damage, bodily harm, legal costs, lost earnings, loss of usage, buyer liability to customers, loss of goodwill, interest on money withheld by consumers, and losses resulting from third-party claims are examples of consequential damages.
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Movements in exchange rates can have a powerful effect on incentives to export and import, and thus on ________________ in the economy as a whole.
Answer:
aggregate demand
Explanation: took the quiz
Children are difficult subjects for market researchers because they have poor recall and often do not understand the questions they are asked. This brings into question the ________ of the survey.
the correct answer to be filled in the gap is reliability of the survey.
survey-
Reliability is involved with the consistency of our measurement. This is the extent to which the questions elicit the identical kind of data whenever we use them, under the identical conditions. This is mainly essential in satisfaction and brand monitoring research due to the fact that adjustments in query wording and structure are probable to elicit exceptional responses.
Reliability is likewise associated with inner consistency, which refers to how exceptional questions or statements measure the identical characteristic.
Market segmentation research offer a sensible utility of this concept. Many of those research try and seize psychographics and assemble behavioral or satisfaction segments. We do it regularly with the aid of asking respondents to rate a list of statements by using distinct rating scales.
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