The term that describes a company that has little to no control over the prices of its services or products is a price taker. Their price is set by the market.
A price taker is a company or an individual that lacks the market share to influence the market price on its own and therefore must accept prevailing p[rices in the market. In a perfect competition market, all economic participants are considered to be price-takers.
In real life, most producers are price-takers because of the general market competition. It's only in a monopoly or monopsony we can find a price-making company.
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______________ include all of the costs of production that increase with the quantity produced.
Fixed costs
Variable costs
Average costs
Average variable costs
Variable costs include all of the increased costs of production with the increased quantity produced.
When sales or production increase, variable costs also increase; and when sales or production decrease, variable costs decrease as well.
What is an example of variable cost?A variable cost is an expense which changes in proportion to sales or production output. Examples of variable costs are raw materials, production supplies, piece-rate labor, delivery costs, commissions, packaging supplies, and credit card fees. For some accounting statements, the variable costs of production are defined as the Cost of Goods Sold.
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a consumer who is highly involved in a product purchase will typically go through which decision stages?
A consumer who is seriously thinking about a product purchase will typically go through all five stages.
What five steps comprise a consumer's decision to buy?Five Steps Consumers Must Take Before Making a Purchase
1. Identifying the problem is stage one.
2. Inputting information.
3. Evaluating Solutions.
4. The purchase step.
5. The Post-Purchase Phase.
Describe the post-purchase phase?In this sequential paradigm, the post-purchase phase is seen as the conclusion of the customer journey. The buyer evaluates their degree of satisfaction with the purchase at this stage and decides whether or not they will continue to support the brand in the future.
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you are named as the pm on a new data warehouse project and notice in the charter that there are four business units listed as sponsors. the data warehouse system has been discussed at your organization for some time, but it's everyone's first exposure to implementing one. which of the following could present the biggest challenge on the project? a: the work breakdown structure(wbs). b: conflicting goals of the sponsors. c: the implementation team. d: integrated change control
Answer:
A. Conflicting goals of the sponsors
Explanation:
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what is the business-to-business (b2b) online purchase and sale of supplies and services?
Business-to-business (or B2B) refers to the direct sale of goods and services between two companies. B2B is a very different business strategy from B2C in that B2B companies sell directly to other companies, whereas B2C companies sell directly to consumers. The majority of B2B enterprises provide services and products online.
A manufacturer and wholesaler, or a wholesaler and a retailer, might conduct a business-to-business online buy or sale through an e-commerce website like, Ali-Ba-ba, etc. Business-to-business refers to transactions that take place between businesses rather than between a business and a specific consumer.
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perry mazza wants to borrow $30,000 from the bank. the interest rate is 7% and the term is for 5 years. what is the amount of interest paid? $30,000 $30,000 $12,000 $12,000 $10,500 $10,500 $4200
The amount of interest perry mazza have to pay after 5 year is $10500.
As per the details share in the above question are as follow,
The following details are as bellow,
Perry mazza wants to borrow $30,000 from the bank.
Principal amount is $30,000.
For an interest rate of r= 7%
And the term of loan is t= 5 years.
We have to find the amount of interest paid.
Here we have to use the formula of Simple Interest,
That is S.I =P x r x t
Now substitute the value in above equation we get,
Simple Interest = 30000 x .07 x 5
= 2100 x 5
=$10500
So the amount of simple interest is $10500.
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what other costs of ownership do you need to factor in when thinking about your vehicle costs?
Any vehicle's one-time costs include the purchase price, registration charge, and sales tax, among others. Regular expenses include things like depreciation, insurance, regular maintenance, and fuel. Emergency charges include expenses for things like towing and repairs.
The sum paid by the buyer to purchase a car is known as the on-road cost. The net on-road price of the car, as determined by the car dealer after all reductions, is the purchase cost, also known as the upfront cost of buying a car. After purchasing a car, you could feel the need to make some additional installations to enhance its appearance and functionality. These upgrades could be made to the audio system, new body kits and alloy wheels, inside and back décor, or any combination of these.
The cost of fuel is one of the essential costs a car owner must cover while owning a vehicle.
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by purchasing training software for $7,000, you can eliminate other training costs of $3,400 each year for the next 10 years. what is the irr of the software?
By purchasing training software for $7,000, can eliminate other training costs of $3,400 each year for the next 10 years. 46.73% is the irr of the software.
A corporation or organization uses the purchasing process to buy products or services in order to achieve its objectives. Although many businesses make an effort to establish standards for the purchasing process, procedures can differ significantly between firms. The expediting, supplier quality, transportation, and logistics are often also included in the larger procurement process, which includes purchasing. The organization's acquisition criteria and procedures are directed by purchasing managers/directors and procurement managers/directors. The majority of businesses base their purchasing systems on a three-way check. As a result, three organizational departments complete various phases of the purchase process. For the purpose of discouraging unethical behavior and enhancing the process' credibility, the three departments do not all report to the same senior manager. These divisions could be purchasing, receiving, and accounts payable; engineering; a plant manager; purchasing; and accounts payable. Accounts payable and the purchasing department are often two of the three departments involved, however combinations might vary greatly.
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germany injects $100 into the united states by purchasing new software. if the spending multiplier for the u.s. is 5, then the total increase in spending will be:
By acquiring new software, Germany transfers $100 to the US. If the United States has a spending multiplier of 5, the overall increase in spending will be $500.
Government impulsively spends $100 billion on goods and services, possibly because they are upbeat about the future. The income of those who generate those goods and services rises by that amount. They utilize that money to cover their expenses, the wages and salaries of their employees, the rent they owe their landlords, and the cost of the raw commodities they use. Each of these economic agents takes some of their newfound wealth and spends it. The multiplier can be used for any form of spending (such as C + I + G + X-M), and it works both for increases and decreases in expenditure.
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assume that bava company purchases 34,500 common shares of jones company for $12 cash per share. during the year, bava receives a cash dividend of $1.30 per common share from jones, and the year-end market price of jones common stock is $13 per share. how much income does bava report relating to this investment for the year?
Bava would report income of $44,550 for the year relating to this investment ($1.30 x 34,500 shares = $44,550). This income is the result of the cash dividend of $1.30 per share that Bava has received during the year.
This income is to be reported in the Bava's income statement as other income. The cash dividend received has reduce the cost of investment, as it is effectively a partial return of the money originally paid for the shares. The market price of the stock at the end of the year has nil effect on the income which is reported for the period.
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to achieve your goal of increasing purchase intent for your products, what type of video campaign should you use?
The type of video campaign that we can use to achieve our goal of increasing purchase intent for a certain product is online sales.
What is Online Sales?Online Sales is one method that can be used as a means of increasing demand for goods or services in a company. Online sales are a form of digital marketing because online sales use the internet or online channels to promote goods or services to consumers. Online sales are usually in the form of a video where the content of the video is an explanation of the advantages and uniqueness of a product that can increase purchase intent for products.
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f the expectation xyz will decrease its dividends by 17% annually, if the company paid dividend of $1.75 last year and required rate of return is 22%, what is the maximum price you would pay for this company stock ?
Dividend Current(D0) = $1.75
Growth rate (g) equals -17%
22% is the required rate of return.
Price per share = D0(1+g)/ (r-g)
Price per share = $1.75{1+(-17%)}/{22%-(-17%)}
Price per share = $1.75(1-17%)/(22%+17%)
Price per share = $1.4525/39%
Price per share = $3.72
The price at which one share of a corporation would be purchased is known as the share price or stock price. A share's price is not constant; rather, it changes over time in response to market factors. It is likely to rise if the business is thought to be performing well or decline if it isn't living up to expectations.
Initial public offerings (IPOs), in which the price of one share is fixed in accordance with the perceived supply of and demand for that company's stock, are how share prices are initially established. A bookrunner, a top manager hired particularly to assist the company in determining the right price for its IPO, typically sets the prices.
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question content areaparker company owns 83% of the outstanding stock of tadeo company. parker company is referred to as the a.minority interest b.subsidiary c.parent d.affiliate
Since Parker Company owns 83% of the outstanding stock of Tadeco Company; Parker Company is referred to as the parent. The correct answer is option C.
What is parent company?A parent company is a single company which has a controlling interest in another company or companies. Parent companies are established when they spin-off or carve out subsidiaries, or through an acquisition or merger.
A parent company, usually called a holding company, refers to a corporation which has subsidiaries, that are wholly or partially-owned separate businesses controlled by the parent.
For example, Facebo0k is a parent company. It has operations of its own and also has subsidiaries such as Whats4pp and In5tagram. Amazon, another parent company, owns subsidiaries such as Zappos and Whole Foods.
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if a widow inherits an estate from a will, which grants her the right of use and possession of a parcel of land for the rest of her life with the provision that the estate will go to her children in fee simple upon her death, she has received ?
A life estate gives the owners the freedom to use the property as long as they live. The life estate method is frequently used to expedite inheritance while avoiding probate.
What is a property?Both the real valuable items and the group of rights that confer ownership on people are referred to as "property." Depending on the nature of the property, the owner may have the right to consume, modify, share, redefine, rent, mortgage, pawn, sell, exchange, transfer, give away, or even abandon it. Regardless of the nature of the property, the owner has the right to use it in accordance with any granted property rights. In economics and political economy, the three main types of property are private, public, and collective. The parties may think that everyone will make a contribution to the will, or they may think that no one will.
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a technology firm began producing a gaming device and integrated this new product into its product portfolio. the firm offered this product to a completely new market that it (this firm) has never served before. this example illustrates a:
This examples illustrates diversification strategy.
- A form of business expansion or growth is known as a diversification strategy. It entails the introduction of a brand-new product or product line, frequently in a new market. Businesses can raise profitability, increase sales revenue, increase market share, and find new prospects with its assistance.
- By diversifying, a business can successfully cross-sell its products. An automaker, for instance, may cross-sell new goods to an existing clientele or introduce engine oil or other vehicle parts to an existing market.
- Related Diversification: Volkswagen's purchase of Audi is one example of this.. Diversifying into business segments within the same sector. expansion into other fields, as as when Amazon purchased Whole Foods to join the grocery store business.
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You work delivering food for a local farmer. You sell eggs from the farm at a price of 3 for $2. 00, 6 for $3. 50, 12 for $6. 00, and 24 for $13. 0. What is the approximate percentage difference of the best and worst egg deals according to their unit costs?.
Cheapest deal: 12 for $6 The worst deal is 3 for $2, a percentage difference of 29.06%. Explained step-by-step 2.00/3= 0.67\s 3.50/6= 0.58 6.00/12= 0.50 13.00/24= 0.54 cheapest deal: 12 for $6 The worst offer is a 3 for 2% difference (0.67-0.50)/((0.67-0.50)/2) x 100 = 29.06% difference.
The term "% difference" has what meaning?Divided by the average of the two values, the percent difference represents the difference between two values. It can be used to calculate a percentage-based comparison of two related numbers.
What percentage of 2 numbers are different from each other?Formula for the percent difference The absolute value of the difference between two numbers is multiplied by the average of the two numbers to determine the percentage difference between the two values. The answer will appear in % rather than decimal when you multiply the outcome by 100.
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how did james watt's invention of the steam engine influence england's textile industry? responses it replaced the need for human labor in factories. it replaced the need for human labor in factories. it allowed textile factories to produce more cloth than ever. it allowed textile factories to produce more cloth than ever. it resulted in wage increases for factory workers. it resulted in wage increases for factory workers. it allowed factories to produce different types of fabrics.
More coal mining was made possible by steam engines, which enhanced iron output. Inventions like the power loom, which transformed the textile industry, were made possible by steam engines as well.
Which aspects of the textile industry were touched by the steam engine?Steam engines were also used to power textile mills and other enterprises, enabling them to be built further from sources of labor and raw materials than they otherwise would have been—rather than near streams and rivers, as would have been the case.
What ways did James Watt develop the textile industry?In terms of cost and efficiency, it exceeded earlier models. The use of rotating machines in enterprises like cotton mills was also made possible by Watt's steam engine, greatly extending the steam engine's range of potential applications.
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true false the cost of capital is the rate of return that managers usually use to determine which investments create value.
It is completely appropriate to say that the cost of capital incurred by the managers is regarded as the rate of return used to determine the investments and the values created by the investments. Therefore, the statement given above holds true.
The cost of capital can be referred to or considered as the cost incurred by the managers within an organization in order to seek a better and highly effective return on the monetary engagement of their respective monies through the process of investments.
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a chart of accounts is a.usually a listing of accounts in alphabetical order b.the same as a balance sheet c.usually a listing of accounts in financial statement order d.used in place of a ledger
Usually a listing of accounts in financial statement order. Chart of accounts are the summary of accounts that the company would use in recording business transactions.
What do you mean by Financial statement ?
A financial statement is a document that details the operations and performance of a company's finances. Lenders and investors use it to evaluate a company's financial stability and earnings potential.
Financial statements come in three different varieties: balance sheet, income statement, and cash flow statement. The financial condition and performance of a company can be analyzed and compared thanks to these written records.
The 5 different financial statement kinds you should be aware of
Income declaration. Possibly the most significant.Financial statement.Balance report.Financial Statements Notes.Statement of equity change.To know more about Financial statement please click here ; https://brainly.com/question/26240841
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bradley listed a house at an 8% commission rate, and it just sold for $723,500. his firm and the buyer's agent's firm split the commission equally between them. then bradley, who has a 50/50 commission split with his broker, took his check to the bank. how much did bradley earn from this transaction?
Bradley who has a 50/50 commission split with his broker earned $14,470 from this transaction.
A sales commission is a payment made to an employee after they successfully complete a task, typically selling a predetermined volume of goods or services. Sales commissions are a common incentive used by employers to boost employee productivity. A commission can be paid instead of or in addition to a salary. In a typical commission split, the broker and real estate agent each receive an equal amount of money, although they can also choose between 60/40 and 70/30 splits. In these circumstances, real estate agents receive more money than brokers.
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martin exchanges a warehouse for a building he will use as an office building. the adjusted basis of the warehouse is $600,000 and the fair market value of the office building is $350,000. in addition, martin receives cash of $150,000. what is the recognized gain or loss and the basis of the office building?
The unrecognized gain is $0 and $450,000.
The calculation for the recognized gain or loss
Using this formula,
Recognized gain or loss =Amount realized -(Adjusted basis-Realized loss)
Let's substitute the values in the formula:
Recognized gain or loss= ($350,000 + $150,000) -( $600,000-$100,000)
Recognized loss =($500,000-$500,000)
Recognized loss =$0
Therefore the Recognized loss will be $0
The calculation for the basis of the office building
Using this formula
Basis of the office building= FMV + Postponed loss
Let's put in the formula
Basis of the office building= $350,000+$100,000
The basis of the office building= is $450,000
Therefore the Basis of the office building will be $450,000.
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what is the difference between the strategic approach and the operational approach to building your rpa strategy?
The strategic approach creates a clear direction while the operational approach recognizes how RPA works and builds.
The strategic approach focuses on the high-level goals and objectives of the RPA implementation, such as identifying the business processes that are most suitable for automation, determining the best technologies and platforms to use, and defining the overall strategy for implementing RPA in the organization.
On the other hand, the operational approach focuses on the day-to-day tasks and activities involved in implementing the RPA strategy.
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austin has arrived at a prospect's office 30 minutes earlier than his appointment time. what should austin do?
Austin should take the time to review his notes on the prospect, familiarize himself with the prospect's business, and review any materials he brought along. He could also use the extra time to take a walk around the area and get to know the neighborhood.
It is generally considered rude to arrive significantly earlier than the agreed-upon time for an appointment, as it may put the other person in an awkward position. If Austin has arrived early and is unable to wait in the reception area or in his car, he should politely explain the situation to the receptionist and ask if there is somewhere else he can wait until the appointment time. Alternatively, he could call or send a message to the prospect to let them know that he has arrived early and ask if it is okay to come up early.
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a regulator is charged with determining the length of a patent on new intellectual property, a song. if the regulator approves the patent for a relatively long duration, what is likely to happen?
When resources are allocated efficiently, the mix of commodities and services that society wants the most may be produced.
Creating word processors for computers rather than manual typewriters is one example. 2. The perfectly competitive business that maximizes profits will keep producing until the cost of its output is exactly equal to its short-term marginal cost. The production of a quantity where marginal revenue equals marginal cost allows businesses to maximize profits.
As a result, the firm's profits are maximized when it selects a production level where its marginal revenue and marginal cost are identical.
The corporation is unable to influence the market price for its product, hence solution (b) is true. A single company cannot affect the market price in a market with perfect competition.
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normal debtors cannot file for bankruptcy relief unless their liabilities exceed their assets. hint a. true b. false
Typically, normal debtors are prohibited from filing for bankruptcy protection unless their liabilities outweigh their assets. It's false.
A business or person that owes money is called a debtor. If the debt is in the form of a loan from a financial institution, the debtor is referred to as the borrower, and if the debt is in the form of securities, such bonds, the debtor is referred to as the issuer. A voluntarily petitioner for bankruptcy protection is likewise regarded as a debtor for legal purposes.
Not making a debt payment is not a crime. Except in particular bankruptcy circumstances, debtors are free to prioritize their debt repayments. However, if they don't adhere to the conditions of their debt, they risk incurring fees and penalties as well as having their credit scores affected.
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your friend is developing a marketing plan for her new business. what should she put in this plan? everfi
My friend should put all of the stated i.e., business mission statement, SWOT analysis, objectives, marketing strategy, marketing mix and implementation evaluation control in her marketing plan for new business.
Give a brief account on SWOT analysis.SWOT analysis, often regarded as SWOT matrix, is a strategic planning and strategic management tool that can be used to help a person or organization discover the Strengths, Weaknesses, Opportunities, and Threats (SWOT) that are relevant to project planning or company competition. It is also known as situational analysis or situational evaluation. TOWS and WOTS-UP are further acronyms that share the same elements. This method is intended for use in the early phases of decision-making processes and can be applied as a tool for assessing the strategic position of various types of companies (for-profit enterprises, local and national governments, NGOs, etc.).
The purpose of this analysis is to determine the internal and external elements that are helpful and harmful in attaining the goals of the project or enterprise. To make the tool usable and determine their competitive advantage, users of a SWOT analysis frequently ask and respond to questions to provide meaningful information for each category. Although SWOT has been hailed as a tried-and-true method for strategic analysis, it has also faced criticism for having some serious flaws, and alternatives have been created as a result.
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The complete question is mentioned below :
your friend is developing a marketing plan for her new business. what should she put in this plan?
FILL IN THE BLANK. the sales message varies little from customer to customer in a(n) _____.
The sales message varies little from customer to customer in a(n) canned sales presentation.
A detailed, structured presentation known as a canned presentation presents its contents in a methodical, well-thought-out manner. There is less room for changes in a personalized presentation than there is in a general one because all pertinent details about the product are already included. When a presentation needs to be repeated several times, this kind of presenting might be helpful. If possible, future improvements can be made with a focus on the intended audience. This rigidity is particularly helpful for presenters who are anxious and can forget important details that need to be explained to potential customers.While creating a premade presentation, there are a few important considerations. The first is what the presentation's goal is. The presentation's goal should be made very clear. The prioritizing based on time constraints is the second most crucial factor. Prioritization should be used to show the most important information. The next crucial step is to do research on the intended audience to comprehend their underlying expectations and beliefs and make the content relevant and useful for those who will be watching it. The use of too many high-tech tools in a scripted presentation is discouraged since they may not always be accessible and the same presentation may be required to target various audiences.
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an item is ________ if it is likely to influence the decision of an investor or creditor.
An item is the Material if it is likely to influence the decision of the investor or the creditor.
An investor is someone who allocates capital with the expectation of a financial return. The types of investments made by investors can vary greatly, and may include stocks, bonds, mutual funds, real estate, commodities, and other financial instruments. Investors can be retail, meaning they invest their own money, or institutional, meaning they invest on behalf of organizations such as banks, insurance companies, pension funds, and other large entities. Investors typically have a long-term outlook for their investments, and are often looking for capital appreciation and/or income generated from their investments. Investors also seek to minimize their risks by diversifying their portfolios, investing in a variety of assets, and taking advantage of investment strategies such as hedging.
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4) sally received $60,000 of compensation from her employer, as well as $500 of interest from corporate bonds. what is the amount of sally's gross income from these items?
$60,500 will be the amount of sally's gross income from these items when sally received $60,000 of compensation from her employer.
Amount received as compensation = $60,000
Interest received = $500
gross income = Amount received + Interest received
= $60,000 + $500
= $60,500
Gross income, or gross pay as it appears on a paycheck, is a person's entire income earned before taxes or other deductions. This does not only apply to earnings from employment-related sources; it also applies to earnings from other sources, such as property or services, and is not limited to earnings in cash.
Businesses may refer to their gross revenue, gross margin, or gross profit. A company's gross income, which is displayed on the income statement, is equal to all sources of revenue minus cost of products sold.
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according to the capital asset pricing model, a fairly priced security will plot _________.
According to the capital asset pricing model, a fairly priced security will plot along the security market line .
The capital asset pricing model is a financial model used to estimate an asset's expected rate of return (CAPM). The asset's correlation with or sensitivity to the market, as well as the expected returns on the market and a risk-free asset, are employed by CAPM to do this (beta). The capital asset pricing model (CAPM), which generates anticipated returns on capital investments, is an idealised description of how securities are valued in financial markets. Through risk assessment and estimation, the model provides a mechanism for determining expected return on equity. The CAPM formula is simple as follows:
The risk-free rate plus the beta (or risk) of the investment determines the anticipated return on an investment.
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a company has additional temporary funds to invest. the board of directors decided to purchase marketable securities and assigned the future purchase and sale decisions to a responsible financial executive. the best person(s) to make periodic reviews of the investment activity authorized by that executive should be:
The Board of Directors' investment committee would be the ideal choice to conduct recurring evaluations of the investment activity permitted by that CEO.
An asset or object purchased with the intention of generating income or appreciation is referred to as an investment. The term "appreciation" describes a rise in an asset's worth over time. When a person buys a investment product as an investment, they don't intend to utilize it right away; instead, they plan to use it to make money later on.
An investment is usually the use of a resource today—time, effort, money, or an asset—in the anticipation of receiving a larger return than what was first invested. A financial asset, for instance, might be bought by an investor now with the hope that it would provide income later on or be sold for more money.
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