A planning process is ongoing when there is a review of the marketing plan to prompt Sum Company to look at the relationship between analysis and determination.
What is a planning process?This refers to the necessary steps taken by a company to develop its budgets to guide its future activities.
Hence, a planning process is ongoing when there is a review of the marketing plan to prompt Sum Company to look at the relationship between analysis and determination.
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Patricia was shopping for a new pair of sneakers. Although it would have been nice to take the shoes home immediately after purchasing them, she was willing to trade off immediate availability because she found that she could purchase the shoes online for a 50 percent discount. This is an example of using a.
"Percent".
From the bottom of the hierarchy upwards, the needs are: physiological (food and clothing), safety (job security), love and belonging needs (friendship), esteem, and self-actualization. Needs lower down in the hierarchy must be satisfied before individuals can attend to needs higher up.
They identified five types of risk: (1) financial, (2) performance, (3) physical, (4) psychological, and (5) social.
The purchase can have serious personal consequences. The purchase could reflect one's social image.
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Teri is good at coordinating the group project tasks and enjoys setting up agendas and taking the minutes at meetings. She doesn't miss deadlines and doesn't understand procrastination. Teri is likely a
The correct answer is Judger
People with a high evaluation of the personality aspect of Meyer Briggs tend to prefer organizing not only in the external world (environment) but also in the internal (thinking process). In the above scenario, Teri likes to coordinate projects, plan agendas, enjoy meetings, and at the same time like to organize work, as evidenced by his dislike of procrastination.
Judges take a structured approach to life and plan to accomplish their tasks in a predictable way. Perceivers, on the other hand, tend to feel structurally constrained because they prefer to keep their choices open and spend time investigating problems when they occur.
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You're on a social media team for a outdoors brand called Appalachia. They've decided to revitalize their Pinterest account and see if they can engage customers there. What ways might you bring inbound marketing into the content creation process for this channel
Inbound marketing is the process of coordinating and facilitating potential customers to find a particular company.
An outdoor brand called Appalachia can revitalize its Pinterest account and engage its customers on the platform by streamlining content creation:
Inbound marketing emphasizes building enduring and dependable relationships with your customers and attracting newer customers in an organic way. Inbound marketing works according to three principles: attract, engage, and delight. The company and its social media team would not only involve themselves in revitalizing their Pinterest account by making it more appealing and attractive to potential customers. It should be equally invested in engaging with the customers through the process of content creation. This could mean presenting insights into ways in which the customer chooses to buy from the company and prioritizes the particular company over other options. Product promotions are one way in which, using multimedia channels coupled with regular posting on the platform, customers can be attracted and engaged with. Content creation tools like trends, hashtags, social media marketing, and streamlined posts can be utilized for this objective.Therefore, inbound marketing can greatly benefit from a streamlined content creation process that attracts and engages a sustained customer base of a company.
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property is an ownership fence, which applies to resources like land that more than one individual owns jointly. Multiple Choice Private Public Civil Common Tort
Common property is an ownership fence, which applies to resources like land that more than one individual owns jointly.
What does the term "common property" mean?Natural resources that are owned and managed jointly by a society or community rather than by a single person are known as common property (environmental).
What sort of things are common property?Common facilities found within areas designated and administered as "common property" include gardens, tunnels, walls, pathways, roadways, stairs, lifts, foyers, and fences.
How do common property and public property differ from one another?Public properties are real estate that is owned and proactively managed by public entities and is put to use for public purposes. Private properties are the lands and structures that are held by people and businesses. Private property owners have the right to use, occupy, sell, or lease their properties.
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A manufacturer of hats concentrates all its efforts on cost containment by offering the product in only one size but in a variety of colors, using a one-size-fits-all approach. This involves a ________ targeting strategy.
A manufacturer of hats concentrates all its efforts on cost containment by offering the product in only one size but in a variety of colors, using a one-size-fits-all approach. This involves mass marketing targeting strategy
What is mass marketing targeting strategy?Mass marketing strategy is a strategy for sales of product that sees all customers as one with a single preference.
It avoids market segmentation or target customer but product one commodity for sale.
Therefore, a manufacturer of hats concentrates all its efforts on cost containment by offering the product in only one size but in a variety of colors, using a one-size-fits-all approach. This involves mass marketing targeting strategy.
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Haskins Company employs material handling employees who move materials between production divisions at a labor cost of $185,000 a year. It is estimated that these employees move 500,000 pounds of material per year. If 65,000 pounds are moved in March, how much of the material handling cost should be assigned to products made in March
Material handling cost assigned to products made in march = $24,050
What does Labor cost mean?Labor costs represent the total expenditure incurred by employers for the employment of employees. They represent the cost of the salaried labor force, which is why they are sometimes referred to as salary costs.Labor Cost per pound of material = Labor cost ÷ Number of pounds of material.∴ Given,
Labor Cost = $185,000
No. of pounds of material moved = 500,000 pounds per year
Now, Labor cost per pound of material = 185,000 ÷ 500,000
= $0.37 per pound of material
Therefore, If 65000 pounds are moved in March, Material handling cost
= $0.37 × 65,000 pounds
= $24,050
Hence, $24050 is the cost of handling for March.
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When a union in the U.S. is able to sell its labor to for-profit businesses, those business are likely to ________.
If a union is able to sell its labor to a for-profit business, then the business is likely to D. pay wages above the market equilibrium for wages.
What do unions do?Unions negotiate a higher rate of pay for their member thanks to their power to initiate industrial actions.
this means that when they are able to get a company to hire their members, that company would likely pay above the equilibrium wage in the market.
Options for this question at:
A. pay wages exactly where the demand and supply labor curves intersect
B. pay wages below the market equilibrium for wages
C. pay wages matching the preferred equilibrium wage chosen by these businesses
D. pay wages above the market equilibrium for wages
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What word does this caution,lookout,danger
is the signal word used for more sever hazards.
Answer:
danger is used for the most severe hazards
Explanation:
If you were modeling the impact of the introduction of computer automation into manufacturing on a production possibilities frontier (PPF) with two manufactured goods on their respective axes, it would be more likely that the result would be ________.
If you were modeling the impact of the introduction of computer automation into manufacturing on a production possibilities frontier (PPF) with two manufactured goods on their respective axes, it would be more likely that the result would be "generalized growth with the production possibilities frontier (PPF) moving both up and down".
What is production possibilities frontier (PPF)?The production possibility frontier (PPF) is a curve used in business analysis to show the potential output of two items that use the same limited resource in their production.PPF also plays a crucial role in economics as it is used to demonstrate the point that any nation's economy reaches its greatest level of efficiency when it produces only what it is best qualified to produce and trades with other nations for the rest of what it needs.The PPF, in macroeconomics, is a set of locations where a nation's economy is most effectively allocating its resources to create the greatest number of commodities. The country can only produce more of one good if it also produces less of another good if production is on the PPF.Resources are not being utilized to their full potential if the economy is producing less than the amounts predicted by the PPF. In this situation, it is possible to produce more of some products without reducing output in other sectors.Know more about production possibilities frontier (PPF) https://brainly.com/question/17581360
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Your Internet provider offers the lowest price in town for Internet service if you sign a two-year contract; however, the low price offer only lasts the first year. Which pricing strategy is the Internet company using to attract customers
The high premium pricing strategy is used.
A premium pricing approach entails pricing a product higher than comparable ones. This method is also known as skim pricing since it attempts to "skim the cream" off the top of the market.
Here the internet provider is providing high speed internet at lowest cost if the two year contract is taken, now the user gets used to that speed and now will not be satisfied with the low speed so he will take the offer even if it is provided at high price.
This strategy of pricing is called premium pricing strategy.
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Two Scoops uses the information to track cash, sales revenue, and expenses daily. How does this type of accounting system facilitate effective decision making
Two Scoops uses the information to track cash, sales revenue, and expenses daily. This type of accounting system facilitate effective decision making by the following ways.
What is accounting system?An accounting system is a collection of accounting operations with built-in controls.
Effective decision making through given accounting system are-
This strategy would ensure that the business was completely aware of its daily sales and what the counter balance ought to be at any given moment.It would be simple to make business decisions that are in line with the needs of the firm and not just arbitrary decisions based on reality contacts thanks to the data obtained from this procedure being ready to put in to excel sheets and be shown in the form of various charts.Since they are aware that the accounts are regularly audited, store staff would not want to take part in stealing from the cashier.To know more about accounting, here
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Vail Mountain Resort in Vail, Colorado, is a world-class ski destination. Vanessa is a newly-hired manager of digital media and electronic marketing for Vail. Vanessa remembers reading about a new trend in video marketing, using _________ to engage and create a community of customers.
Vanessa remembered reading about a new trend in video marketing, using amateur filmmakers to engage and create a community of customers.
What is video marketing?Video marketing can be defined as the process of developing promotional techniques and sales strategies by using multimedia resources, so as to enhance the sales of goods and services that meet the needs of the customers or end users.
In this context, we can infer and logically deduce that Vanessa remembered reading about a new trend in video marketing, using amateur filmmakers to engage and create a community of customers.
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A company has achieved the level of _____ responsibilities when it has met its ethical, legal, and economic responsibilities. Group of answer choices societal philanthropic munificent global altruistic
A company has achieved the level of Philanthropic responsibilities when it has met its ethical, legal, and economic responsibilities.
What are Philanthropic responsibilities?Philanthropic responsibility is the goal of a company to actively improve society and the planet. Organizations motivated by philanthropic responsibility frequently donate a portion of their profits in addition to conducting themselves as ethically and environmentally friendly as feasible.Because it creates opportunities, philanthropy is significant. Projects and initiatives that could be too unpopular or contentious to receive widespread support from the public or the government are supported by philanthropy. Because of this, philanthropy plays a crucial role in a democratic society.A more strategic kind of giving, philanthropy aims to find the underlying causes of global crises and improve society by addressing these challenges head-on.To learn more about Philanthropic responsibilities refer to:
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What is the unemployment rate in cuba? be sure to indicate the calendar year that this information represents.
In 2020, 3.87 percent of the total labor force in Cuba was unemployed.
The unemployment rate in Cuba is expected to reach 3.50 percent by the end of 2021, according to Trading Economics global macro models and analysts' expectations.
In the long-term, Cuba's Unemployment Rate is projected to trend around 3.00 percent in 2022 and 2.20 percent in 2023, according to our econometric models.
Employment in industry (% of total employment) (modeled ILO estimate) in Cuba was reported at 16.81 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources.
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Answers may vary depending on when you access the site.
3.6% (2014)
Explanation:
edmentum sample answer
Rapid Canoes, Inc. is expanding its rafting operations to add a Mountain West Division and has appointed John Sky as a vice president and manager of the new division. Mr Sky will have the authority to make decisions about locations and equipment requirements up to $150,000. In addition, he is responsible for the profit of the division. Mr. Sky's division level responsibility will be treated as a(n) ______ center.
Mr. Sky's division level responsibility will be treated as a(n) investment center.
Who is a manager?A manager is a professional who leads an organization and oversees a team of people. Managers are frequently in charge of a specific department inside their firm. There are various types of managers, but they all have responsibilities such as conducting performance reviews and making decisions.Who is a vice president?A company's vice president is often the second or third in command and assists the president by supervising internal operations and filling in when the president is unavailable. A vice president is a company's top-level supervisor who supervises department managers.Therefore, Mr. Sky's division level responsibility will be treated as a(n) investment center.
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hen a board of directors determines a specific profit goal, marketing managers usually implement a(n) Blank______ objective.
When a board of directors determines a selected profit goal, advertising managers commonly enforce a target return objective.
Target return Objective-
The goal return objective is to offer sufficient spending cash and hold the value of the portfolio after taking into consideration taxes and inflation.
The target return goal matters as it determines how the target return is calculated. Some people, which includes retirees, live on profits from their investment portfolios. A target return is actually the charge of return on an investment that a person or enterprise desires to earn. People have distinctive motives or goals in thoughts once they select to apply target returns as an investment tool. The target return goal matters as it determines how the target return is calculated.
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Employees in engineering and marketing divisions often disagree with each other about how to achieve targets mainly because they have unique backgrounds, experiences, and training. Which form of structural conflict is this
The form of structural conflict in which employees disagree with each other about how to achieve targets mainly because they have unique backgrounds, experiences, and training is differentiation.
What is a structural conflict?A structural conflict is any form of disagreement, misunderstanding, or struggle that arises between two (2) or more employees that are working in different departments of a company, especially due to any of the following reasons;
Differing opinionsIncompatibilitiesA difficult challengeSuperiorityExperiencesThus, the form of structural conflict in which employees disagree with each other about how to achieve targets simply because they've unique backgrounds, experiences, and training is differentiation.
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Stockholders of a corporation directly elect the president of the corporation. all of the employees of the corporation. the board of directors. the treasurer of the corporation.
Answer is board of directors.
As the business is involved in a variety of management activity, it requires a clear structure and a proper lobby of managers who can manage the organization and its numerous duties.
A stockholder is a corporation shareholder or a person who owns at least one share of an organization's capital stock. Stockholders are the majority of the company's owners, and they often obtain the company's success in the form of increasing stock worth.
The president of a corporation is directly elected by the firm's stockholders.
Therefore, the answer is Board of directors.
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Cause-related marketing can affect consumer _____, if consumers are sympathetic to the cause and the brand and cause are seen as a good fit. a. tastes b. attitudes c. individual ethics d. budgets e. buying patterns
Cause-related marketing can affect consumer tastes, if consumers are sympathetic to the cause and the brand and cause are seen as a good fit.
Consumer tastes are the goods and services that customers intentionally choose above competing options. Consumer preferences are so influential that they can alter how businesses operate.
Consumer preferences are said to represent the subjective (individual) tastes of distinct good bundles as evaluated by their utility. They give the consumer the option to rank these product bundles based on the utility they provide. Be aware that preferences are unaffected by pricing and money.
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Edward, a candy manufacturer, contracted to buy one thousand barrels of sugar from Marcia. Marcia failed to deliver, and Edward was unable to buy any sugar in the market. As a direct consequence, he was unable to make candies to fulfill unusually lucrative contracts for the Christmas trade. a. What damages is Edward entitled to recover
Foreseeability of Damages.
What does "foreseeability of harm" mean?Damages that both parties to the contract knew about or should have known about at the time the contract was made are referred to as foreseeable damages. In addition to this, an insured may be entitled to compensation for foreseeable damages caused by a failure of a duty to fairly consider, negotiate, and resolve claims. The foreseeable damages payable for warranty breach include reasonable legal fees and costs incurred in defending the injured party's claim for damages, whether or not such defense was successful.
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Amelia expects her friends to always be supportive of her no matter what they have going on and to understand when she is too busy to help them. Lisa expects that her friends will often disappoint her and not be there for her when she needs someone to listen. From this description, we can derive that Amelia and Lisa's ________ are different. Multiple Choice comparison levels (CLs) outcomes investments commitments
Comparison levels
Amelia and Lisa's comparison levels are different.
What do you mean by comparison levels?According to prior interactions, the comparison level describes the expectations for the connection. We essentially weigh the advantages and disadvantages of our current relationship against those of our previous partnerships. Some people expect a lot of benefits since they have a high comparison level.
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A portfolio is: any security that is equally as risky as the overall market. a single risky security. any new issue of stock. a group of assets held by an investor. an investment in a risk-free securit
A portfolio is a group of assets held by an investor .
A system in which two or more parties exchange goods, services, and information is called a market. Ideally, the market is where more than one party is involved in buying and selling.
The two parties involved in a transaction are called the seller and the buyer.
Sellers sell goods and services to buyers for money. A market needs multiple buyers and sellers to be competitive.
Monopoly-A monopoly is a market with a single seller and many buyers. In this situation, the seller has no competition and monopoly and has complete control over the product or service.
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When the producer of a good or service has a lower opportunity cost than other producers, that producer has an advantage in the market because:
When the producer of a good or service has a lower opportunity cost than other producers, that producer has an advantage in the market because: He or She will be able to sell at a lower price than other producers.
Opportunity costs are the possible advantages that a person, investor, or company forgoes while deciding between two options. Opportunity costs are by definition invisible, making it simple to ignore them.According to microeconomic theory, an activity's opportunity cost is the value or advantage that would be lost if that activity were chosen instead of a different one that would provide a higher return on investment.The opportunity cost is the amount of time spent learning and the money that could be used elsewhere. When a farmer decides to grow wheat, there is an opportunity cost associated with not doing so or using the resources in another way (land and farm equipment). Instead of driving, a commuter takes the train to work.Thus this is the answer.
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Raider-X Company forecasts sales of 18,000 units for April. Beginning inventory is 3,000 units. The desired ending inventory is 30% higher than the beginning inventory. How many units should Raider-X purchase in April
Based on the desired ending inventory of Raider-X company, the units that Raider-X will purchase is 18,900 units.
What amount of units will Raider-X purchase?First, find the desired ending inventory:
= 3,000 x (1 + 30%)
= 3,900 units
The units that Raider-X should purchase are:
3,900 = 3,000 + Purchases - 18,000
Purchases = 3,900 - 3,000 + 18,000
= 18,900 units
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Services marketing differs from that of tangible goods, and many firms have adopted a strategy to Blank______.
Services marketing differs from that of tangible goods, and many firms have adopted a strategy to manage an additional three Ps, on top of product, price, place, and promotion
What is Service marketing?
Service marketing is a type of advertising that companies who offer their clients a service use to raise their brand recognition and sales. Service marketing, as opposed to product marketing, is concerned with promoting immaterial exchanges that benefit consumers.
A service marketing triangle is a structure for marketing that combines three essential forms of communication to help your target audience understand what makes your company special and beneficial for their needs they are:
Interactive marketing, External marketing, Internal marketingThe three Ps, on top of the product, price, place, and promotion provide the best return on your investment because they serve as the basis for everything your company does.
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Suppose the United States increases the tariff on imported bluefin tuna. What would the consequences be
Answer:
The tariff raises the domestic price of the imported product, and domestic producers of the product raise their price when the domestic price of imports increases.
Firms use cost data to make decisions about how many units to produce based on their ___________ costs. Increasing production may not always lead to an increase in profit. Increasing production will cause a firm’s _________ costs to increase, which could outweigh any benefits that were previously gained by lowering their overhead—which is determined by their ________- costs in the short run.
Fixed and Variable costs.
The reason firms do not always increase their production is based on the following factors:
1. Fixed and Variable costs: The fixed and variable costs are used to decide the number of goods to produce.
2. Average Fixed costs: When a firm increases its production, the average fixed costs may increase.
3. Fixed costs: The overhead cost is the fixed costs in the short run.
Thus, each of the three blanks is filled with the correct answer. Note that the every business entity incurs both fixed and variable costs.
In order to maximize profit, the firm should produce where its marginal revenue and marginal cost are equal. The firm's marginal cost of production is $20 for each unit. When the firm produces 4 units, its marginal revenue is $20. Thus, the firm should produce 4 units of output.
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Goldfarb Company manufactures and sells toasters. Each toaster sells for $23.55 and the variable cost per unit is $16.15. Goldfarb's total fixed costs are $24,800, and budgeted sales are 7,800 units. What is the contribution margin per unit
The contribution margin per unit is $7.4.
What is the contribution margin?The contribution margin is the percentage of a product's sales revenue that isn't consumed by variable costs and goes toward paying the firm's fixed expenses.
One of the main components of break-even analysis is the idea of contribution margin.
Labor-intensive businesses with limited fixed expenses typically have low contribution margins, whereas capital-intensive, industrial corporations typically have high contribution margins.
Contribution margin per unit = Revenue per Unit ₋ Variable Expenses per Unit.
Contribution margin per unit = $23.55 ₋ $16.15
Contribution margin per unit = $7.4
Therefore, the contribution margin per unit is $7.4.
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When you create an appointment schedule for the doctor, based on her preferences, you should _____. A. avoid scheduling appointments too early or too late B. try to schedule appointments in blocks C. consider travel time when making out of office appointments D. all of the above
When you create an appointment schedule for the doctor, based on her preferences, you should (D) all of the above.
What is an appointment?A legal appointment is one in which the subject matter is of a legal character. Meetings with attorneys, administrative hearings, interviews and/or interactions with police officers, and any type of appeal affecting housing, finances, or an individual's civil liberty are examples of these appointments.So when we create an appointment for the doctor, based on her preferences we should:
Avoid being too early or too late, we just have to be at the right time. So option (A) is correct.
We should always try to create appointments in blocks to make the appointment comfortable for both. So, option (B) is also correct.
Whenever we fix an appointment, we should always consider the travel time. So, option (C) is also correct.
Therefore, when you create an appointment schedule for the doctor, based on her preferences, you should (D) all of the above.
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ABC costing might lead to:Multiple Choiceincreasing the sales price of low-volume products.increasing the sales price of high-volume products.
ABC costing might lead to: increasing the sales price of low-volume products.
An organization's activities are identified using the activity-based costing (ABC) technique, which then allocates the cost of each activity to each product and service depending on how much of each is actually consumed. In contrast to traditional costing, this methodology assigns more indirect expenses (overhead) into direct costs.ABC is a technique for allocating overhead and indirect costs, such salaries and utilities, to goods and services. The ABC system of cost accounting is built around activities, which are defined as any occasion, project, or task with a clear objective.The costs associated with each product are divided by the quantity of units produced to determine the per-unit overhead costs under ABC.
Thus this is the answer.
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