When purchasing a consumer item, the author emphasizes utility the most. Hence, the correct answer is utility. In economics, utility is used to model worth or value. Its usage has evolved significantly over time. Consumer tries to measure his pleasure it happiness on the item before purchasing such. Read below about utility.
What is utility?Utility is a term in economics that means to the total satisfaction or gain from consuming a good or service. Economic theories based on rational choice usually assume that consumers will strive to maximize their utility.
Therefore, the correct answer is as given above.
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Microsoft measures customers' willingness to not only return for another purchase but also make a recommendation to family, friends, or colleagues. Microsoft has found this to be a powerful technique, which can greatly increase revenue. The main advantages for Microsoft are a close correlation with company growth and the collection, interpretation, and communication of the data. This is an example of the _______.
The main advantages for Microsoft are a close correlation with company growth and the collection, interpretation, and communication of the data. This is an example of the net promoter score.
What is net promoter score?
Net promoter score can be defined as a form of marketing research technique or strategy that enables companies to know whether their customers will likely recommend their product to others.
Most companies make use of net promoter score so as to generate revenue or to increase sales.
Therefore the main advantages for Microsoft are a close correlation with company growth and the collection, interpretation, and communication of the data. This is an example of the net promoter score.
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By developing , a company can reduce its production costs if it can purchase raw materials in bulk; the average cost of goods goes down as production levels increase.
By developing, a company can reduce its production costs if it can purchase raw materials in bulk; the average cost of goods goes down as production levels increase: economies of scale
Raw materials are materials or substances used inside the number one production or production of products. Raw materials are commodities that are bought and bought on commodities exchanges globally.
Raw materials are the input goods or inventory that a corporation needs to fabricate its materials. A raw material or feedstock is the basic material from which a product is manufactured or made, frequently used with an extended meaning.
Raw materials example
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A coworker asks you for advice on how to communicate a strict deadline in a request message. What advice would you give
I would advice to set an end date to take action in the closing for strict deadline. For any business concerned with growth, which is almost every business, deadlines are crucial. Every organization strives to improve upon itself.
The impact of deadlines on a company's profit curve is significant. This is so because the main element driving a company's success is time management. Any workplace culture will keep you on the clock and under pressure to get the most out of the office environment. This method does not, however, always succeed because those who cannot handle strict deadline may just quit their jobs.
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30. With regard to exchanges of information between FIUs of different countries, what are three controlling principles
Options B, C, and D are three controlling principles.
Control principles that performance does not deviate from the norm. Management consists of three steps: (1) setting performance baselines, (2) comparing actual performance to baselines, and (3) taking corrective action when necessary.
Control principles are only justified if positive corrective action is taken. It's not enough to point out deviations or shortcomings from the standard. Steps should be taken to correct these deviations from the norm through planning, organization, leadership, staffing and other such management functions.
The question is incomplete. Please read below to find the missing content.
With regard to exchanges of information between FIUs of different countries, what are three controlling principles?
A. That sharing between FIUs be permitted only if the central banks are also a party to the sharing.
B. That the sharing of information should be done as freely as possible on the basis of reciprocity.
C. That the sharing should be on the basis of requests and also spontaneously.
D. That differences in the definition of offenses should not impede the free exchange of information.
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Subdivision regulations imposed by developers in an effort to maintain control of the development of the subdivision are an example of ______.
An example of Private land use control is illustrated in a Subdivision regulations that is imposed by developers in an effort to maintain control of the development of the subdivision.
What is a Private land use control?This refers to a land control with a deed restrictions that limits what can be done on the property by the owner.
Hence, Private land use control is illustrated in a Subdivision regulations that is imposed by developers in an effort to maintain control of the development of the subdivision.
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Online content that has been created and posted by unpaid contributors such as customers or fans of a product or service is referred to as:.
User-generated-Content (UGC): Online content that has been created and posted by unpaid contributors such as customers, or fans of a product or service.
What is User-Generated-Content?Any form of content that has been produced and made available by contributors—or, a better phrase would be fans—is referred to as "user-generated content." It is the act of users endorsing a brand rather than the brand itself, and it may relate to images, videos, testimonials, tweets, blog entries, and everything in between.
UGC so appears to be another one of those marketing buzzwords, isn't it? It isn't a craze at all, in truth. It had been glowing dazzlingly for some time (well, a while for the fast-paced world of the internet).
The user-generated content has so many benefits that if used effectively it can lead the business to touch the skies.
Benefits of UGC are:Builds reliable customer communitiesCost-effective promotional techniqueThe content is super AuthenticCan help the brands to bring effective changes and cater to the demand builds reliable customer communitiesCost-effective promotional techniqueThe content is super AuthenticCan help the brands to bring effective changes and cater to the demandMakes the brand aware of its products/services shortcomingsMakes the brand aware of its products/services shortcomingsTherefore, Online content that has been created and posted by unpaid contributors such as customers or fans of a product or service is referred to as User-Generated-Content.
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suppose the price of gasoline increases and that sport utility vehicles get poor gas mileage compared to other availble cars. One would expect
Suppose the price of gasoline increases and that sport utility vehicles get poor gas mileage compared to other available cars. One would expect "the demand for sport utility vehicles to decrease".
What is increase in demand?A rise in demand indicates that consumers intend to buy more of the product at all cost ranges.
The demand for a good increases or decreases depending on several factor. Some are given below-
Price of Product: Lower prices increase demand, while higher prices decrease it. This is a result of consumer satisfaction levels. There won't be much demand for your product if people can't afford it.Tastes and Preferences: Families and lone shoppers have very diverse tastes. A family is more likely to buy kid-friendly items than a single person, who often solely buys items for themselves.Consumer’s Income: Consumers tend to spend more money and make more purchases as their wealth increases. Wealthier groups not only purchase more frequently, but they also favor more expensive, high-quality goods.Availability of substitutes: Regardless of what you sell, there will always be rival businesses. You must be aware of your rivals since, if you're not careful, they could reduce your market share.To know more about the factor that influences demand, here
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Saving is always equal to:_______
Answer:
investment
Explanation:
This is because investment is determined by available savings in the economy. If there is an increase in savings, then banks can lend more to firms to finance investment projects. In a simple economic model, we can say the level of saving will equal the level of investment.
Typically, when will the national bureau of economic research (nber) announce that the economy is in a recession?
the national bureau of economic research (nber) announces that the economy is in a recession, a year or more after the recession has begun
The specific time the economy entered a recession or an expansion is not given in the NBER chronology. The first month of a recession, according to the NBER's convention for determining its length, is the month that comes after its peak, and its final month is its trough.
The most recent dip occurred in April 2020; hence, April 2020 marked the end of the recession and May 2020 marked the start of the next expansion. months that experience peaks and troughs. PILT, nonfarm payroll employment, real personal consumption expenditures, wholesale-retail sales adjusted for price fluctuations, employment as determined by the household survey, and industrial production are some of these. There is no set formula for how measurements are weighted in our judgments or how they contribute information to the process.
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Ms. Jones, the CEO of First Bank, is hoping that her employees will buy into a new performance review system. Which of the following statements would be most likely to help Ms. Jones achieve buy-in
1- Ms. Jones, did not provide the options for the first question so you can choose the one, which is present in your drop-down menu like-
you could use either a conversational tone or a warm tone or little persuasion. any of the three are correct options so choose one which is present in your drop-down menu.
2-- Use a sensitive tone
- Provide evidence
- Describe the benefits and risks involved
3- Option 2nd We need this new performance system so that you will be rated fairly. Tell me what you think about the system. What's the best part of it in your mind?
4- Option 2nd encouragement to join a company-sponsored weight loss program.
5- Ms. Jones achieve buy-in a conversational tone conveys a caring attitude.
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Your question is incomplete. please read below to find the full content.
Ms. Jones, the CEO of First Bank, is hoping that her employees will buy into a new performance review system. Which of the following statements would be most likely to help Ms. Jones achieve that buy-in?
If you don't agree to use this new performance system, I'll be forced to reduce the wages of everyone in the company.
We need this new performance system so that you will be rated fairly. Tell me what you think about the system. What's the best part of it in your mind?
The new performance system starts on Tuesday of next week. Be prepared to use it.
Six companies in our industry have new performance systems. We need one too, and we're going to start using it today.
An entity that seeks to earn a profit by providing a good or service is known as a(n)?
An entity that seeks to earn a profit by providing a good or service is known as a business.
See the explanation below
What is the concept of a business?Simply put, a business is any enterprise established with the aim of making money or profit. A business can sell goods or provide services to customers or clients, although a business can operate for a long without making profits.
However, a point will come when there is no loss and no gain, this is when the business is said to have broken even.
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Miner's Coal Distributors does not mine coal itself, nor does it even store or handle the coal. Instead, Miner's solicits orders for low sulfur coal from other firms, then purchases the required amount from suppliers and directs them to ship the coal to its customers. What is Miner's
Drop shipper
The company Miner's Coal Distributors does not mine, store, or even handle coal. Instead, Miner solicits orders from other businesses for low sulfur coal, then buys the necessary quantity from suppliers and instructs them to send the coal to its clients. Hence Miner is a drop shipper.
Drop shipping - Drop-shipping is the practice of a seller setting up a website and selling products that they do not keep in stock. When a customer places an order, the seller sends the order to a third party, like a manufacturer, another retailer, or a wholesaler, who then ships the products directly to the customer.
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Internal performance measurements focused on the extent to which employees are using a crm system as intended are known as ________.
Internal performance measurements focused on the extent to which employees are using a CRM system as intended are known as Human Resource Management.
In order to manage and analyze customer interactions and data across the customer lifecycle, businesses employ a combination of practices, strategies, and technologies known as customer relationship management (CRM).
The objective is to strengthen interactions with customers in order to promote client retention and increase sales.
CRM systems gather information about customers from various points of contact between them and the business, such as the company's website, the company's phone line, direct mail, marketing materials, and social media.
CRM systems can also give staff workers who deal with consumers in-depth knowledge of their personal data, purchasing history, shopping preferences, and issues.
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Academic calendars, setting of budget and tax rates, approval of textbooks, determination of course offerings, student handbooks, employment contracts, and school zoning are all decisions that are the responsibility of which part of school district leadership
Academic calendars, setting of budget and tax rates, approval of textbooks, determination of course offerings, student handbooks, employment contracts, and school zoning are all decisions that are the responsibility of board of trustees school district leadership.
What is board of trustees?Board of trustees can be defined as a person who responsibilities has be vested and has been chosen or selected to plan, control, manage and be in charge of the activities of an organization.
Hence, Academic calendars, setting of budget and tax rates, approval of textbooks, determination of course offerings, student handbooks, employment contracts, and school zoning are all decisions that are the responsibility of board of trustees school district leadership.
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Under the path-goal theory of leadership, what type of leader behavior includes setting challenging goals for the employee with the expectation that those goals will be achieved?
In achievement oriented leadership where leader behavior includes setting challenging goals for the employee with the expectation that those goals will be achieved.
What are the leadership behaviors in the path-goal theory of leadership?
The four categories of leadership conduct identified by the path-goal theory are:
Achievement-orientedDirective path-goal clarifyingSupportiveParticipativeWhat must leaders do for their employees according to path-goal theory?
According to the path-goal theory, achievement-oriented leadership conduct involves encouraging subordinates to perform to the best of their ability by establishing high standards, praising excellence, and expressing faith in subordinates' talents.
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Key element(s) of the tort of intentional interference with contractual relations is (are):_______.
The key element(s) of the tort of intentional interference with contractual relations is (are) losses incurred.
The contractual courting definition is a felony courting between two or more parties that are evidenced through The presentation of a suggestion. acceptance of the proffered offer. A valid consideration (felony and valuable)
The different varieties of contractual relations popular in creation nowadays are taken into consideration from the proprietor's, consultant's, contractor's, and criminal viewpoints. The foremost contractual relationships taken into consideration are trendy contractor, turnkey, construction manager, and unbiased prime contracts.
The goal of a powerful contractual relation is, first and primary, to shield the interests of every celebration. This security function prevents any abuse or potential exploitation. additionally, it confirms all the provisions of the events, being dependable evidence of the occurrence of a selected event.
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Based on the data shown below, calculate the correlation coefficient (rounded to three decimal places)
The correlation coefficient of the data is 0.849.
What is the correlation coeffienient?
Correlation is a statistical measure used to measure the linear relationship that exists between two variables.
The closer the correlation coefficient is to 1, the stronger the correlation between the variables. If the correlation coefficient is positive, it means that the variables move in the same direction. if it is negative, it means that the variable move in opposite directions.
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If a price ceiling is not binding, then
Answer:
there will be a surplus in the market
You are mailing invitations to new medicare beneficiaries for a marketing event. You want an idea of how many people to expect?
If you want an idea of how many people to expect, so you would like to request RSVPs.
The Social Security Administration launched the Medicare national health insurance program in 1965. The Centers for Medicare and Medicaid Services are currently in charge of running the program.
Medicare (medical insurance) assists in covering the costs of some preventive services, outpatient care, home health care, durable medical equipment, and services from physicians and other healthcare professionals.
Low-income seniors are especially in need of Medicare coverage since they are less financially secure than their higher-income counterparts and have fewer resources available to them in the event of large medical expenses.
In light of the above, it is important to keep in mind that while you can ask for an RSVP, you are unable to get contact information. This will give you a better idea of how many people to expect.
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One of the benefits of contracting with celebrities to endorse the company's brand of athletic footwear is
One of the benefits of contracting with celebrities to endorse the company's brand of athletic footwear is: celebrity endorsements make a company's brand more appealing to the buyer.
EndorsementThe advantage of having a celebrities to endorse a company's or an organization brand is that celebrity endorsements make a company's brand attractive to potentials customers or buyers.
Most companies tend to often endorse celebrity for their brand advertisement based on the fact that celebrity brand or product endorsement help to boost or increase company's branded sales volume, thereby leading to increase in profit.
Therefore One of the benefits of contracting with celebrities to endorse the company's brand of athletic footwear is: celebrity endorsements make a company's brand more appealing to the buyer.
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What does it mean when an interface does not display configuration settings when using the show running-config and show startup-config commands?
B) It means the configuration is running with default settings.
You can use the show Interfaces command to view configurable parameters, get interface statistics on the router, verify that an interface is down, and display the IP address of each interface.
Which of the displayed switches will be the STP root bridge if the default parameters are used? SW1. How does STP protect redundant Ethernet networks? Protects against frames traversing Layer 2 domains.
The show running-config command displays the current running configuration on the FWSM. The running-config keyword can only be used with the show running-config command. You cannot use this keyword with no or clear, or as a standalone command, because the CLI treats it as an unsupported command.
The question is incomplete. Please read below to find the missing content.
What does it mean when an interface does NOT display configuration settings when using the show running-config and show startup-config commands?
Question 38 options:
A) It means the interface is not active.
B) It means the configuration is running with default settings.
C) It means the interface is configured the same as the following entry.
D) It means the interface is configured the same as the previous entry.
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What is the term applied to the excess of net sales over the cost of merchandise sold?
Gross profit is the term applied to the excess of net sales over the cost of merchandise sold
This is further explained below.
What is Gross profit?Generally, The phrase "gross profit" refers to the amount of money gained by subtracting the cost of goods sold from the total amount of revenue earned.
In conclusion, On the income statement of retail and manufacturing businesses, the term "gross profit" refers to the amount of money earned before deducting the costs of running the business.
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The accounting concept that requires every business to be accounted for separately from other business entities, including its owner or owners is known as the:
Answer: Business entity assumption.
Explanation: assume enitities
The accounting concept that requires every business to be accounted for separately from other business entities, including its owner or owners is known as the business entity assumption.
What is business?An economic activity that involves the exchange of goods and services with the help of buying and selling with the objective to gain some profit is called Business.
The accounting concept helps improve the recording of the income and position statement of business mainly referred to as financial statements and provides better accuracy of transactions which helps in easy interpretation.
The business entity assumption focused on the individual entity of any business separate from another business entity which makes it unique and distinguishable from others.
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If the competitive firm depicted in this diagram produces output Q, it will Multiple Choice achieve productive efficiency but not allocative efficiency. suffer an economic loss. earn a normal profit. earn an economic profit.
If this competitive firm produces output Q, it will (B) earn a normal profit.
What is the demand curve?On a graph, a demand curve depicts the relationship between quantity requested and price in a specific market. According to the law of demand, a greater price usually results in a smaller amount required. A supply schedule is a table that indicates the quantity supplied at various market prices.Equilibrium is reached when the quantities demanded and supplied are equal. In a graph, we can depict a market in equilibrium by showing the combined price and quantity at which the supply and demand curves intersect.As we can see in the diagram MC and ATC intersect at the point of price, thus at that point the firm will earn the normal profit.
Therefore, if this competitive firm produces output Q, it will (B) earn a normal profit.
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Complete question:
If this competitive firm produces output Q, it will:
A. suffer an economic loss.
B. earn a normal profit.
C. earn an economic profit.
D. achieve productive efficiency, but not allocative efficiency.
Products that are purchased to solve a sudden problem and a customer does not actively seek are _______.
Products that are purchased to solve a sudden problem and a customer does not actively seek are unsought products.
Unsought Products are the ones that consumers do not normally go looking for, or about which the average consumer may not even be aware of, as is it may be a new brand. Thus, a consumer would prefer not to think about buying.
Unsought Products are the products purchased to solve a sudden problem. Thus, these products can include emergency products such as bandages and ointment and automobile parts which are used to repair a car.
Hence, the answer was given and explained above.
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Among the major channels of management communications, _____ is the predominant method of communicating
Of the major channels of management communication, the predominant method is B. Talking.
What channel of communication do managers prefer?Managers generally prefer to talk to their subordinates as they believe this would communicate their message more effectively.
This is why managers communicate by talking about 75% of the time with the other channels such as email sharing the remaining 25%.
Options for this question include:
A. E-mail
B. Talking
C. Texting
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Use the following information (presented in random order) to complete an Income Statement and Balance Sheet. The name of the business is Future Tech, and the accounting period is the month of March, 2021. You will need to calculate the Capital amount for owner R. Lee. Remember: Add dollar signs and underlines in the appropriate places on both statements.
(Do it in an income statement too please)
The completion of the Income Statement and Balance Sheet for Future Tech. in the month of March 2021, is as follows:
Future Tech.
Income StatementFor the month ended March 31, 2021
Revenue:
Fees Earned $4,500
Expenses:
Advertising $800
Maintenance 790
Internet 600
Telephone 300 $2,490
Net income $2,010
Future Tech.
Balance SheetAs of March 31, 2021
Assets
Cash $600
Accounts Receivable 1,200
Supplies 350
Office Equipment 3,400
Total assets $5,550
Liabilities and Equity
Liabilities:
Accounts Payable $250
Bank Loan 1,800
Total liabilities $2,050
Owner's equity $3,500
Liabilities + Equity $5,550
What is a balance sheet?A balance sheet is a financial statement that shows the assets (what the entity owns) and the liabilities (what the entity owes outsiders) plus the equity (what the entity owes to the owner).
Thus, the capital amount for owner R. Lee is calculated to be $3,500 ($5,550 - $2,050).
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Of the various alliances discussed in the mini-case, which one, by pairing a u.s. firm with one based in istanbul, is clearly a cross-border strategic alliance?
The DowAksa firm is the one based in Istanbul that is clearly a cross-border strategic alliance such as as various alliances discussed in the mini-case.
What is a strategic alliance?This refers to the arrangement between two companies to undertake a mutually beneficial project while each retains its independence.
The DowAksa is an exemplary case of a thriving 50/50 Turkish-American joint venture that helps to brings one of the most strategic products in the world preferred by global companies to Turkey.
This firm is 50:50 joint venture between Aksa that is world leader in acrylic fiber and Dow that is a leading global materials science company.
Therefore, the Option A is correct.
Missing options "a. DowAksa b. Cisco and IBM c. SkyTeam d. First Solar, Inc. and SunPower Corporation"
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The time lag for monetary policy is typically ________________ the time lag for fiscal policy.
The time lag for monetary policy is typically shorter than the time lag for fiscal policy.
What is Monetary or Fiscal Policy Time Lag?Monetary policy changes normally take a certain amount of time to have an effect on the economy. The time lag could span anywhere from nine months up to two years.
Fiscal policy and its effects on output have a shorter time lag. When monetary policy attempts to stimulate the economy by lowering interest rates, it may take up to 18 months for evidence of any improvement in economic conditions to show up. Additionally, if the government changes its fiscal policy and chooses to increase spending, for example, the fiscal stimulus may still take several months to have any effect on the economy.
Therefore, we can conclude that the correct option is A.
Your question is incomplete, but most probably your full question was:
The time lag for monetary policy is typically ________________ the time lag for fiscal policy. Select one:
a. shorter than
b. longer than
c. about the same as
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A monopolistically competitive firm is one:
A monopolistically competitive firm is one of many firms that produce slightly different but very similar goods
Exclusive competition occurs when there are many companies offering products that are similar but not identical to the industry. Unlike monopolies, these companies have little power to curb supply or raise prices to increase profits.
There are no barriers to entry in monopoly competition. Therefore, the market is competitive in the long run and companies make normal profits. In monopoly competition, companies are not price takers (fully elastic demand) because they produce differentiated products. Demand is inelastic.
In essence, a monopolistical competitive market is so called because while companies compete to some extent for the same customer group, each company's products are slightly different from all other companies products.
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