The first step in decision-making is to define the alternatives.
The process of choosing a course of action involves identifying a decision, acquiring data, and weighing potential answers.
By collecting pertinent information and identifying options, a step-by-step decision-making process can assist you in making more careful, considered decisions. By using this strategy, you have a better chance of selecting the option that will satisfy you the most.
You will probably find a number of potential courses of action or alternatives as you gather information. Additionally, you have the decision-making option of coming up with new options using your creativity and additional knowledge. List every conceivable and preferable alternative in this step. You might wish to go through the procedure again to make another selection if the one you made did not satisfy the stated need.
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What is the interest earned in a savings account after 12 months on a balance of
$2500 if the interest rate is 1% APY compounded yearly?
interest = $ [?]
Round your answer to the nearest hundredth.
The interest earned in the savings account after 12 months on a balance of $2000 if the interest rate is 1% APY compounded yearly is $20.
Given,
Initial amount = P = $2000
Interest rate = 1% annually
The time for which interest is compounded = 12 months = 1 year = T
Here, the initial amount (also called as principal amount) is P, and the interest rate is R% per unit time, and it is left for T unit of time.
So, the interest amount earned is given by:
[tex]CI = P(1+\frac{R}{100} )^{T} -P[/tex]
[tex]CI = 2000 (1+\frac{1}{100} )^{1} -2000\\\\CI = 2000 * 1 / 100\\\\[/tex]
=$20
Hence, the interest earned in the savings account after 12 months on a balance of $2000 if the interest rate is 1.5% APY compounded yearly is $20.
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the current price of parador industries stock is $57 per share. current sales per share are $22.20, the sales growth rate is 8 percent, and parador does not pay a dividend. the expected return on parador stock is 11 percent. a. calculate the sales per share one year ahead.
The sales per share one year ahead is:
1. Sales per share = Current sales per share (1 + Growth Rate)
Sales per share = $22.2(1 + 0.08)
Sales per share = $23.98
2. Stock price one year ahead = Current price (1 + Required rate)
Stock price one year ahead = $57(1 + 0.11)
Stock price one year ahead = $63.27
P/S Ratio = Stock price one year ahead / Sale per share one year ahead
P/S Ratio = $63.27 / $23.98
P/S Ratio = 2.64.
A sale is a transaction among or extra events wherein items or offerings are exchanged for cash or different assets. In the monetary markets, a sale is a settlement among a purchaser and supplier concerning the charge of a safety and its shipping for agreed-upon compensation.
In popular enterprise operations, income refer to any transactions in which cash or fee is exchanged for the possession of an amazing or entitlement to a service. In an accounting context, income refers to a company's sales earned from the income of merchandise or offerings (internet income).
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in may 2021, whitney filed for divorce from her husband, michael. although they lived apart for the last six months of the year, their divorce is not yet finalized and they are still legally married. whitney does not wish to file a joint 2021 return, and she has no qualifying child or qualifying relative. what filing status should whitney use?
Whitney is not interested in filing a combined 2021 tax return. She lacks any eligible relatives or relatives who qualify. Married Filing Separately is what the Whitney should utilize.
A tax return is a form (or series of forms) submitted to a taxing body that lists income, expenses, and other crucial tax data. Tax returns give taxpayers the option to determine their tax obligations, plan out their payments, or ask for reimbursement for any taxes they have paid in excess of what is required. In the majority of nations, anybody or any business with taxable income, such as wages, interest, dividends, capital gains, or other earnings, is required to file tax returns annually.
Taxpayers determine their tax liability, plan their tax payments, and ask for refunds for any taxes they have paid in excess of what is required.
Most locations require that tax returns be filed once every year.
Typically, tax returns are completed using forms that have been mandated by the IRS or another appropriate entity.
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when are issuers more likely to call an outstanding bond issue? when interest rates are higher than they were when the bonds were issued when interest rates are lower than they were when the bonds were issued
Answer:When intrest rates are lower than they were when the bonds were issued.
Explanation:Issuers are more likely to call a bond issue if rates have fallen significantly since the bonds were issued (The issuer often sets the call price). Suppose a firm issued bonds at par, initially selling for the face value of $1,000, when rates were 10% (Coupon Rate = Yield to Maturity (YTM) = 10%). Remember that the interest rate a firm pays on its debt depends on a number of internal and external factors. Suppose rates have fallen to 6% after five years. If the bonds have a call provision, the firm probably would elect to call them, because it can issue new 6% coupon bonds and use the proceeds to buy back the outstanding bonds. In those circumstances, the firm’s interest expense per bond would fall from $100 per bond to $60 per bond.
However, the firm must pay transaction costs to conduct this refunding operation. Therefore, it must make sure that the interest cost savings outweigh the transaction costs.
Alternatively, suppose rates have risen to 14% during that five-year period. If the firm called the bonds then, it would need to issue new 14% coupon bonds, which would increase its interest expense unnecessarily. The firm is paying 10% annual interest in a 14% annual interest world. The firm would not choose to pay higher interest rates for borrowed funds, which is what would happen if it called bonds in this situation.
capital inflows into a country are associated with: a small amount of funds available for domestic investment. exports exceeding imports. imports exceeding exports. imports equaling exports.
Capital inflows into a country are associated with imports that are exceeding exports.
So, the correct option is C.
Net purchases of domestic assets by non-residents are referred to as capital inflows (defined as the difference between purchases and sales). Capital outflows are equivalent to net foreign asset acquisitions made by domestic actors other than the central bank. When a capital influx is the consequence of domestic reforms, a boom in the stock market, or low foreign interest rates, usually, a domestic boom goes along with it (an exception arises if it is caused by high domestic interest rates resulting from the tight monetary policy).
Exchange rates, interest rates, foreign exchange reserves, local monetary circumstances, savings, and investment opportunities are only a few of the many economic factors that are impacted by capital movements.
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suppose the real rate is 4.5 percent and the inflation rate is 6.1 percent. what rate would you expect to see on a treasury bill? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
10.87% is the nominal rate you expect to see on a treasury bill.
Step by step:
(1+ nominal rate)= (1+ real rate)*(1+ inflation rate)
1+ nominal rate= (1+ 4.5%)*(1+6.1%)
1+ nominal rate= 1.045* 1.061
1+ nominal rate= 1.108745
Nominal rate= 1.108745-1
Nominal rate= .108745 or 10.87%
The nominal interest rate (or money interest fee) is the percentage increase in cash you pay the lender for the usage of the cash you borrowed.
The nominal interest fee is often used in banks to explain interest on exclusive loans and inside the investment field.
As an example, if the nominal charge on a mortgage is 5%, you may assume to pay $50 of interest for $1,000 borrowed. at the yr's end, you may pay $1,050.
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in addition to considering financial factors, organizations often identify project selection criteria to determine how well each potential project fits with the organization's strategic planning.
This is true. In addition to considering financial factors, organizations often identify project selection criteria to determine how well each potential project fits with the organization's strategic planning.
What is strategic planning in organizations?This is the term that is used to refer to the process by which the leaders that are in an organization would have to define the visions and the future of the organization to be the same as the goals as well as the objectives of the company for the future growth that it has.
Hence the answer to the question is true because the leaders would have to identify the criteria to see how well it would have to fit.
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complete question.
in addition to considering financial factors, organizations often identify project selection criteria to determine how well each potential project fits with the organization's strategic planning.
T or F
the spanish and english were willing to take more risks in exploration because group of answer choices their ships were technologically superior to portuguese ships. they had trouble attracting investors without promising dramatic returns. the portuguese already controlled the trade routes around africa. they were fighting each other and needed every advantage.
The first to sail from Europe to India without stopping, while the Spanish were the first to sail from Europe to the Caribbean without stopping.
Western nations like Spain and Portugal began looking for alternate routes to reach the Eastern markets when the Ottoman Empire took Istanbul in 1453 and cut off land access to India via the Silk Road. Vasco da Gama, a Portuguese navigator, circumnavigated Africa in 1498 and reached India, creating a direct route from Europe to the Asian subcontinent. On the other hand, the first journey across the globe to reach Asia was paid for by the Spanish crown.
Christopher Colombus’s mission, which was never able to reach Asia, instead arrived in the Caribbean in 1492 and made numerous discoveries.The Portuguese claimed territory that was particularly wealthy in sugar plantations and had easy access to the slave ports of Africa, therefore the monarchy of Spain engaged in a number of territorial disputes with them. The primary conflicts included the colonies of Argentina and Paraguay in South America.
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financial information is presented below: operating expenses $ 42,000 sales returns and allowances 12,000 sales discounts 3,000 sales revenue 165,000 cost of goods sold 96,000 the amount of pretax income on the income statement would be
The pretax income in the income statement would be $12,000 after considering all the information given.
Net Income is calculated by subtracting operating expenses from gross income.
Particulars $
Sales Revenue 165,000
Sales Discount (3,000)
Sales returns and allowances (12,000)
Net Sales 150,000
Cost of Goods sold (96,000)
Gross Income 54,000
Operating Expenses (42,000)
Operating / Net Income 12,000
Sales are subtracted from cost of products sold, selling, overall and administrative expenditures, operational expenses, amortization, interest, taxes, and other expenditures to arrive at net income (NI), also known as net earnings. Investors can use net income number to figure out how significantly a company's revenue surpasses its costs.
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Alex purchases a computer from dell to be delivered via fed ex. Dell delivers the computer to fed ex to be shipped to alex. During the delivery, the fed ex driver is having a bad day and just throws the boxes out the window of the delivery truck rather than setting the box by the front door as is standard practice. While throwing the computer it is damaged. Would dell be responsible for the damage to the computer?.
No, Dell will not be responsible for the damage to the computer because the title transfers to the buyer once the good is delivered to a common carrier.
When we make a purchase from a brand, such as Dell, they change the title to the one who bought the product at the time when they send out a product for delivery.
Usually, for delicate products, it is the responsibility of the delivery company to take care of the product. Other delivery companies take extra charges for the delivery of delicate products and take extra charges.
Hence, in the above scenario, Dell will not be responsible for the damage of the computer. It would be upon fed ex to either accept the damage if care was asked for during delivery of Alex will be responsible for the damage.
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ce products manufactures and markets a product called grow tall. ace claims in its advertising that grow tall will make its users grow a minimum of six inches taller than their current height. the federal trade commission (ftc) will likely find that the ad is:
Looking at the marketing strategy of Ace Products, The Federal Trade Commission (FTC) will likely find that the ad is deceptive, and the FTC may issue a cease-and-desist order.
Marketing of a product refers to inform the customers about the offering of the product by the company, its features, advantages and why it would be beneficial for the buyers.
Choosing the product's strategy and communication, bringing it to market, and trying to make sure both salesmen and buyers comprehend it are all involved in marketing. The goal of product marketing is to increase customer demands and product utilization. When a product is introduced, marketing strategy doesn't end (if it did, product marketers at a firm with only one product would not have much to do following the product's debut). Ensuring the correct individuals are familiar with a product is the final step in the marketing process.
Here, Ace products is marketing its product in an unethical manner, to deceive the customer, which could be banned by FTC.
The complete question is here:
Ace Products manufactures and markets a product called Grow Tall. Ace claims in its advertising that Grow Tall will make its users grow a minimum of six inches taller than their current height. The Federal Trade Commission (FTC) will likely find that the ad is
a. deceptive, and the FTC may issue a cease-and-desist order.
b. deceptive, and the FTC may declare that it is bait-and-switch advertising.
c. not deceptive because buyers are obligated to be aware that some advertising claims are untrue and should avoid purchasing products that make impossible claims.
d. not deceptive and the FTC may therefore issue a counter advertising order.
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diana acquires, for $65,000, and places in service a 5-year class asset on december 19, 2022. it is the only asset that diana acquires during 2022. diana does not elect immediate expensing under § 179. she elects additional first-year deprecation.
she elects additional first-year deprecation of 293,600 because with bonus depreciation she can write off 100%.
In accountancy, depreciation is a term that refers to 2 elements of the identical idea: first, the actual lower of fair cost of an asset, which includes the decrease in fee of manufacturing facility gadget every 12 months as it miles used and wear, and 2d, the allocation in accounting statements of the unique value of the property to periods in which the assets are used (depreciation with the matching precept). Assets for each accounting and tax purposes. The decrease in the cost of the asset influences the balance sheet of an enterprise or entity, and the technique of depreciating the asset, accounting-smart, influences the internet income, and hence the profits announcement that they report.
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the legislature wants to ensure that families with a given real income are not pushed up into higher tax brackets by inflation. the cpi (times 100) is 162 in 2014 and 172 in 2016.
The legislature wants to reduce taxi cost. The families with income <=21160 will have 10%, 21161 to 31740 will have 12%, 31741 to 52900 will have 15%, 52901 to 84640 will have 20% and >84641 will have 25%.
A legislative body is an assembly with the power to enact laws for a political unit, like a nation or city. They are frequently compared to the legislative and judicial branches of the government. Primary legislation generally refers to laws passed by legislatures. Legislative bodies also have the power to oversee and direct governmental operations and change the budgets associated with them.
Legislators are those who sit in a legislature. In democracies, lawmakers are most frequently chosen by the general public, however indirect elections and appointments by the administration are also employed, especially in bicameral legislatures with an upper house. Legislating, debating, authorizing expenditures, forming governments, and overseeing are the six main duties of democratic legislatures.
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The question was incomplete. Check below the full question.
The legislature wants to ensure that families with a given real income are not pushed up into higher tax brackets by inflation. The CPI (times 100) is 175 in 2014 and 185 in 2016.
Instructions: To calculate the adjusted income tax, enter the percentage rate of inflation rounded to one decimal place.
Rate of inflation between 2014 and 2016: %.
To meet the legislature’s goal, the income tax schedule for the year 2016 should be adjusted as shown in the following table:
Family income Tax rate
0 $ 10%
$ to $ 12%
$ to $ 15%
$ to $ 20%
Less than
Equal to greater
than $ 25%
a u.s. firm identifies an opportunity to enter an emerging market and develop a product that will allow consumers to access broadband internet for free. the developing market has attracted limited foreign direct investment and the u.s. company would be an innovator in the country. what is the most likely advantage that this would provide for the firm?
First-mover advantage is the most likely advantage that this would provide for the firm.
The first-mover advantage refers to an advantage received through a corporation that first introduces a product or service to the market.
The first-mover advantage permits an organization to set up robust emblem popularity and product/provider loyalty before different entrants to the marketplace.
In the advertising approach, first-mover gain (FMA) is the aggressive advantage gained with the aid of the preliminary ("first-transferring") substantial occupant of a market segment.
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when a coffee purveyor chooses to use fair-trade coffee beans instead of less expensive sources, its profits are often reduced. this is an example of blank as a pricing objective. multiple choice question. unit volume social responsibility survival globalization
The given case of coffee purveyor using fair trade beans instead of less expensive beans is an example of social responsibility.
According to the idea of social responsibility, businesses should act like decent citizens by balancing their profit-making endeavours with endeavours that help society, whether on a local, national, or international level.
Here the seller is responsible to the society as he cares for the health of the customers instead of higher profits and with lower profits the purveyor keeps buying fair trade beans.
The lowest price that must be paid for specific agricultural imports from developing nations is known as a fair trade price. It is a movement that contends that paying producers in developing nations the market price is unethical if that price is too low to ensure a high standard of life.
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the design and function of financial instruments, markets, and institutions are tied to the importance of information. describe the role played by information in each of these three pieces of the financial system.
Financial instruments: summarize essential information about the borrower, Financial markets: aggregate information from many sources and communicate it widely,
Financial instruments are either tradable assets or may alternatively be thought of as bundles of capital that can be traded. The majority of financial instrument types allow for the efficient movement and transfer of capital among investors throughout the world. These assets may consist of money, a contractual right to receive or deliver money or another sort of financial instrument, or documentation of ownership of a certain organization.
Financial instruments are papers that reflect a legal agreement including any type of monetary value, whether they are physical or digital. Financial instruments that are based on equity indicate asset ownership. Debt-based financial products mimic loans given by investors to asset owners.
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Today's theories about motivation emphasize the importance of factors within the individual particularly the variables of expectancy and value Students' motivations are strongly influenced by what they think is important (value) and what they believe they can accomplish (expectancy). Who quote is this?
What students value and what they believe can accomplish have a significant impact on their motivation expectancy. This quote comes from the philosophy of motivation.
What motivational ideas does the expectancy-value theory put forth?
The relationship between a student's expectation for success at a task or the achievement of a goal in relation to the value of task completion or goal attainment is described by the expectancy-value theory, which is a theory of motivation. A student's expectation for success on a particular activity is referred to as expectancy. Theoretical models of motivation nowadays place a strong emphasis on internal factors, particularly the variables of expectation and value.
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just-in-time is a philosophy of manufacturing based on the planned elimination of all waste and continuous productivity improvement. just-in-time is a philosophy of manufacturing based on the planned elimination of all waste and continuous productivity improvement. true false
The statement ' just-in-time is a philosophy of manufacturing based on the planned elimination of all waste and continuous productivity improvement' is true.
In the field of manufacturing, just-in-time can be described as an organized process in which suppliers tend to produce supplies only when they are needed by producers to make a product.
By the just-in-time method, the waste that is not required is reduced to minimal and also is continuously eliminated.
Just-in-time methods in the production of efficiency in a business and the production process are continuously improved due to this.
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what corporate diversification strategy is being pursued by disney? what evidence do you have that supports your position?
Disney has a set of businesses that helps to create synergy or Economy of Scope among all of these businesses, This synergy helps Disney to train its professionals by knowledge sharing and bring efficiencies into its business by bringing expertise from multiple segments of the business.
An economic system is an area of production, distribution, and change, in addition to the consumption of products and offerings. In preferred, it's miles described as a social area that emphasize the practices, discourses, and fabric expressions related to the manufacturing, use, and control of scarce resources. A given economy is a hard and fast procedure that entails its culture, values, education, technological evolution, records, social business enterprise, political shape, legal systems, and natural assets as essential elements. Those elements deliver context, and content material, and set the conditions and parameters in which an economic system features. In other phrases, the economic domain is a social area of interrelated human practices and transactions that doesn't stand on its own.
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2.0% complete question tina made the following transfers during 2022: $17,000 to her grandson's law school for his tuition. $1,000 to her neighbor to help him pay a hospital bill. a transfer of property valued at $100,000 to a grat. tina retained an annuity valued at $40,000 and her daughter is the remainder beneficiary. what is the total amount of tina's taxable gifts for 2022?
Based on the transfers made by Tina including the tuition to her grandson, the hospital bill for the neighbor, the property transfers and the annuity, the total amount of Tina's taxable gifts in 2022 was $62, 000
How to find the total amount of taxable gifts?When it comes to the amount that Tina transferred to her grandson for law school tuition, tax laws say that the amount that is in excess of a limit of $15, 000 will be charged as taxable gifts which is:
= 17, 000 - 15, 000
= $2, 000
The $1, 000 that Tina gave to her neighbor for their hospital bill will not count towards taxable gifts.
The annuity that was retained by Tina will be subtracted from the value of the property that was transferred to GRAT which gives:
= 100, 000 - 40, 000
= $60, 000
The total taxable gifts are therefore:
= 60, 000 + 2, 000
= $62, 000
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horizon just announced that next dividend will be $3 and the dividend will increase by 2% annually thereafter. how much will one share of this stock be worth six years from now if the required rate of return is 12%?
One share of this stock be worth six years from now if the required rate of return is 12% price is $33.78.
Current price=D1/ (Required Return-Growth rate)
=3/ (0.12-0.02)
=$30
P6=Current price*(1+Growth rate) ^6
=30*(1.02) ^6
=$33.78(Approx).
Return on funding (ROI) is an approximate degree of a funding's profitability. ROI is calculated via way of means of subtracting the dividend value of the funding from its very last price, then dividing this new quantity via way of means of the value of the funding, and finally, multiplying it via way of means of 100. The maximum not unusual place manner to price an inventory is to compute the company's rate-to-profits (P/E) ratio. The P/E ratio equals the company's inventory rate divided via way of means of its maximum these days suggested profits in line with share (EPS).
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each of the following entities has the power of eminent domain, except: select one: a. religious schools. b. railroads. c. public utilities. d. school districts.
Religious schools do not have the power of eminent domain. The method by which the government may hold private property with just compensation.
The method of eminent domain does not need owner's consent to hold private property by the government in lieu of some compensation . The Fifth Amendment includes eminent domain to ensure that the United States government can obtain assets that advantage the public good. As an example, suppose a town was in need of water and the only way to get it's through the property of a private property owner.
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According to the ucc, for the sale of goods that requires shipping, the presumption is that unless stated otherwise, the seller need only deliver the goods to __________ to complete performance.
According to the UCC, the seller is required to deliver the goods to the common carrier, unless stated otherwise, to complete the selling process of the goods that involve shipping.
According to the “shipment contract” of the UCC, a seller needs to provide the goods into the procession of the common carrier. By UCC rule, a common carrier is an enterprise or entity that transports goods from seller to buyer for a fee and makes its service available to the general public. Typical, examples of common carriers are taxi services, railroad, airlines, and, shipowners, etc.
The Uniform Commercial Code (“UCC”) defines a set of laws for all commercial and business transactions across all the US states. The UCC applies to the sales of goods and products that involve shipment. The UCC defines rules for both the seller and buyer.
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humbert is the new manager of a division that has a lot of problems with personality conflicts and low morale. he decides to start with his division by trying to guide and encourage employees to work better as a team and to develop interpersonal relationships and cooperation. this style suggests humbert is at which stage of moral development? a. postconventional b. conventional c. preconventional d. supraconventional e. subconventional
Humbert has been hired as the new manager of a division that frequently experiences low morale. Humbert appears to be morally developed according to the norm, according to conventional stage.
The second stage of Kohlberg's stages of development, which explains how moral judgment and ethical reasoning evolve in people, conventional stage is referred to as the low morale conventional level. In order to highlight the development of moral reasoning in people, Kohlberg created six separate stages (three stages with two substages each).
Kohlberg based his work on the theories of Piaget. The pre-conventional stage, which normally ends by the age of nine, is conventional stage characterized by the absence of a personal moral code; instead, people merely follow or disobey the standards shown by their adult role models. Adolescence and adulthood are when the low morale conventional level, which is the second stage, takes place. In this phase, people start to internalize the moral standards of their adult role models and form their own particular moral codes.
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are usually a small number of organizational members who are facilitated by a consultant who poses questions and then allows for group discussion.
Focus groups are usually a small number of organizational members who are facilitated by a consultant who poses questions and then allows for group discussion.
A focus group is a group interview with a small number of demographically similar people or participants with other common characteristics/experiences. Their responses to specific questions from researchers/reviewers will be considered.
A focus group is a market research technique that gathers 6-10 of her people in a room to provide feedback on a product, service, concept, or marketing campaign. A trained facilitator conducts her 30-90 minute discussion within the group to gather useful information.
The primary purpose of focus group research is to elicit the respondent's attitudes, emotions, beliefs, experiences and reactions in the same way as any other method.
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puffy donuts bought time for one commercial during the local televised morning show based on the expectation of a total exposure for the ad of 57,000. this means that the for the commercial would be 57,000.
The gross impressions for the commercial would be 57,000.
Gross impressions can be described as a monitor ads and as a way of determining the reimbursement rates for both publishers as well as for the advertising firms that deliver the ads on behalf of the customers. It is also represent non-duplicated individuals who are viewing an advertisement.
Beside that, an ad view or known as ad impression can be described as a single instance of a single advertisement appearance. One visitor can view many ads. A gross impression or called as a raw is counted every time the ad is displayed to a visitor.
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which of the following statements are not true regarding credit cards? group of answer choices they can be issued through a third party. cardholders are usually not driven to return to the store. they can be issued directly by a merchant. cardholders may be eligible for special discounts. cardholders may be eligible for special store events.
C. They can be issued directly by a merchant is not true about credit cards in the given statements
A credit card is a small, rectangular piece of plastic or metal that is provided by a bank or other financial institution and enables its holder to borrow money to pay for products and services at businesses that accept credit cards.
Credit cards impose the need that cardholders repay the borrowed funds, plus any applicable interest and any other agreed-upon charges, in full or over time, either by the billing date or at a later date.
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nelson wants to open a bank account. when he arrives at the bank, the teller asks him to fill out a questionnaire with his personal and professional details and other necessary information. what kind of questions was nelson asked to answer? question 6 options: a) closed b) hypothetical c) probing d) open
Nelson wants to open a bank account. when he arrives at the bank, the teller asks him to fill out a questionnaire with his personal and professional details and other necessary information. what kind of questions was nelson asked to answer is hypothetical.
Dress well and appropriately, as you'll for a activity interview. If assembly in person, arrive on time or a couple of minutes early. Bring your listing of questions and take notes in case you like. Restate that your goal is to get data, advice and professional, now no longer a activity. Informal interviews are interviews that take location outdoor the workplace in a informal setting, which includes over lunch or coffee. Informal interviews aren't dependent like a conventional interview, even though they commonly have the equal goal: to decide if a candidate could be a terrific suit for a company.
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Given what happens to the price buyers pay and the price sellers ultimately receive after a subsidy is granted to sellers, what happens to the level of consumer and producer surplus after the subsidy takes effect?.
Both consumer surplus and producer surplus increase,to the level of consumer and producer surplus after the subsidy takes effect.
Consumer surplus is increased as a result of subsidies. This is due to the fact that the consumer surplus reflects the discrepancy between what customers are prepared to pay and what they ultimately end up paying for the good.
The gap between the price at which producers are willing to supply things and the price at which they actually receive payment for doing so is known as the producer surplus. The producer surplus decreases as a result of subsidy. The consumer surplus rises as a result of subsidies. An industry can enable its manufacturers to create more goods and services by implementing government subsidy to the supplier. This raises the total supply of that good or service, which raises the amount required of that good or service and decreases the total cost of that good or service.
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10. during a war, food and clothing are rationed. in addition to a money price, a certain number of ration points must be paid to obtain a good. each consumer has an allocation of ration points which may be used to purchase either good, as well as a fixed money income. suppose the money income of a consumer rises and this person buys more food and less clothing. does it follow that food is a normal good? clothing as inferior good?
Income elasticity of food is positive, so it is a normal good. Income elasticity of clothing is negative, so it is an inferior good.
The term "income elasticity of demand" describes how sensitively consumers' real incomes are to changes in the quantity of a certain commodity they are willing to pay for.
Divide the percent change in quantity demanded by the percent change in income to find the income elasticity of demand. You may determine if a certain commodity is a necessity or a luxury by looking at the demand's elasticity of income.
Demand responsiveness to changes in consumer income is measured by income elasticity of demand.
Demand for a given good is more sensitive to changes in customers' income the higher its income elasticity of demand.
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