Choosing option (a) is the right move. Monica's Rare Books has little outside competition, which creates a chance for the company to gain a competitive edge.
What factors of external competition are there?The external influences can include market or competitive position changes as well as macroeconomic concerns including technology advancement, legislation, and sociocultural shifts. The results are frequently displayed as a matrix.
What distinguishes competitive advantage from a strategic advantage?Your capacity to outcompete others in a market is your competitive edge. Your capacity to outperform competitors more broadly, including your returns to stakeholders like investors, employees, and communities
Why is it vital to achieve a competitive advantage?Having a competitive advantage allows a business to stand out from its rivals by providing clients with something unique and exceptional. A company with a competitive advantage can also outperform its rivals in the market and generate bigger profits.
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holly is a member of the human resource department at invert corp. setting a goal to enhance the firm's strategy, holly works to attain it by understanding the current human resources. through a series of surveys, interviews, and observations, she learns what talents the various departments of invert corp. are currently in need of, and attracts new human resources according to those requirements. what kind of hrm responsibility does this example illustrate?
Holly is a member of the human resource department at invert corp. setting a goal to enhance the firm's strategy, HRM's responsibility to serve as a strategic partner.
A general plan to accomplish one or more long-term or overall goals in the face of uncertainty is known as a strategy. A strategy aims to direct the overall organization's course. It has an impact on the organization's long-term wellbeing. A strategy typically has a long time horizon, measured in years as opposed to months or weeks. Typical strategic plans may include objectives that must be met five years from now or later. The group of people who work for a company, industry, or economy collectively constitute its human resources. The knowledge and skills that people possess are referred to as human capital, which is a more specific concept. Similar terms include labor, personnel, associates, and people themselves.
The five main tasks that Human Resources oversees
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7. (1pt) the sleeping flower co. has earnings of $10 per share. the benchmark price-earnings (pe) ratio for a similar company is 20. what stock price would you consider appropriate?
The Value/Profit Proportion shows how much a financial backer will pay for each portion of an organization's income. We can determine the stock's fair market price by using a benchmark P/E ratio and earnings per share.
What is an acceptable PE ratio?Again, these ratios are frequently compared to other things, so what's good or bad depends on what you compare it to. However, to give you an idea of what the market average is, many value investors use the range of 20 to 25 as the average P/E ratio.
Is a PE ratio of 100 acceptable?Investors are informed that the current P/E has reached or exceeded the previous value if the relative P/E measure is at least 100 percent.
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the panic of 1819: group of answer choices resulted partly from an upsurge in european demand for american farm products that the united states was unprepared to meet. led to impossibly high prices for western lands. prompted some states to suspend debt collections, which helped debtors but hurt creditors. enhanced trust in banks because they did such a good job of weathering the economic storm.
The Panic of 1819 was the result of over-speculation on newly available western lands, which led to high prices on land and banks foreclosing on western lands. It caused an international financial crisis.
The panic of 1819:
a. was partially caused by an increase in the demand for American farm products in Europe, which the United States was ill-equipped to meet.
b. caused western land prices to skyrocket.
c. increased trust in banks as a result of their excellent handling of the economic crisis.
d. led to the suspension of debt collection efforts in some states, which benefited debtors but hurt creditors.
e. motivated John Marshall's decision in Gibbons v. Ogden to side against the banking power.
The Second Bank of the United States (SBUS), which was heavily involved in these inflationary practices, started sharply reducing the amount of loans made by its western branches in 1818 in order to make up for its lax approach to controlling the state bank credit market. The state-chartered banks started foreclosing on the heavily mortgaged farms and commercial properties they had financed after the SBUS presented them with their own banknotes for redemption and they failed to provide gold specie from their reserves. A sudden increase in European agricultural production in 1817 and the ensuing financial panic both resulted in widespread bankruptcies and high unemployment.
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ta failte romhat is a boutique store specializing in irish foods and gifts. they sell woolen sweaters handmade in the aran islands for 104 euros. the sweaters cost them 48 euros. if the manager of the store wanted to achieve a 65% target margin, what should be the selling price for the sweaters in euros?
The selling price is the cost a customer pays for a good or service. Depending on the price that consumers are willing to pay, the price's reasonableness in comparison to prices charged by competing businesses in the market, as well as the seller's acceptability threshold.
What is selling price ?The final price to the seller, or what the customer actually pays, is the selling price of a good or service. A good or service can be traded in a precise quantity, weight, or measurement.
The selling price, commonly referred to as the list price or marked price, is the amount that a seller currently earns from a customer after negotiating a price or striking a deal. Usually, the selling price is lower than the marked price. However, there are situations when the marked price as well as the selling price will be the same. One example of this is a store with a fixed pricing where the shopkeeper forgoes any form of discount or price decrease.
The price a consumer will pay to purchase a product is known as the selling price. A retailer must add an additional sum to the selling price in order to cover their product costs if they wish to generate a positive gross margin (or gross profit percentage). This extra sum must be enough to pay the retailer's selling, general, and administrative costs as well as a small profit.
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what management technique should colorful ice snowballs use to solidify their product mix and meet consumer's demands? (2 points)
Colorful ice snowballs should employ expansion as a management strategy to stabilize their product mix and satisfy consumer demand.
What is a plan for product expansion?The definition of product expansion states that it is a method used by firms to expand their operations. After gaining the interest of the target market, the company then tries to reach out to other markets.
What does a product mix expansion entail?Expansion of product mix: When a company adds more product lines, it is said to be expanding its product mix. Although they are not tied to the current items, these new lines are frequently related to the company's current product line.
Why is expanding the marketing mix important?The expanded marketing mix aids businesses in developing a comprehensive structure for their marketing strategy. A functional, comprehensive marketing plan is one step closer when each component of the mix is identified.
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james advertises in the newspaper to sell his used car for $6,000. eric test drove the car and then offered james $5,400 for the car. in this case:
If James advertises in the newspaper to sell his used car for $6,000. eric test drove the car and then offered james $5,400 for the car. in this case: James will be at loss.
What is advertisement?Advertisement can be defined as the way of creating awareness about a product so as to attract potential buyers which inturn can help to increase sales.
Based on the scenario James will be at loss of the amount of $600 ($6,000 - $5,400) if he accept what eric offers after driving the car. Since James has already advertised the car for $6,000. On the other hand James may wish not to accept the offer and may only accept the offers if eric offer to pay $6,000.
Therefore james will be at loss if he accept the offer.
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what are the likely reason(s) that the market for electricity is not perfectly competitive? select all that apply. instructions: you must make a selection for each option. click once to place a check mark for correct answers and click twice to empty the box for wrong answers. check all that apply it is difficult to enter or exit the industry as a supplier.unanswered electricity is not a standardized (homogeneous) product.unanswered there are few buyers in the market.unanswered there are few sellers in the market.unanswered
In a perfect market structure, both producers and consumers have complete and symmetrical information and there are no transaction costs. In this type of scenario, a sizable number of producers and customers are in competition with one another.
Theoretically, a market with perfect competition is not monopolistic. In the market, there aren't many purchasers. It is challenging for suppliers to enter or leave the market. There are many buyers and sellers in a market with perfect competition, and they all start the exchange process.
The market is unrestricted and devoid of direct rivalry. It is presumptively true that all vendors are offering uniform or homogeneous goods. One standard or ideal type to which actual market structures can be contrasted is perfect competition.
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price is the only part of the marketing mix that is revenue producing. group of answer choices true false
The only component of the marketing mix that generates revenue is price.
One of the four main components of the marketing mix is pricing. Pricing is the only part of the marketing mix that brings in money; the other three are cost centers, or they make a company more expensive. The business model is strongly correlated with pricing.
Is price the most crucial component of the marketing mix?
Price is probably the most important part of the marketing mix because it ultimately decides how much money a company makes and how long it stays in business.
Why is cost the most significant of the four Ps?
A product's margin, which includes a portion that can be used for marketing, is determined by its online price. Marketers have more money to market a product if the margins are high.
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according to random walk theory, what are the (approximate) odds that a stock will increase in price today after having increased on two consecutive days of trading?
According to random walk theory, the (approximate) odds of a stock increasing in price today after increasing on two consecutive days of trading are 50%.
A random walk is a random process in mathematics that specifies a path consisting of a series of random steps on a mathematical space. The random walk on the integer number line mathbb, which starts at 0 and travels +1 or 1 with equal chance at each step, is an elementary example of a random walk. Other examples include a molecule's route through a liquid or gas, a foraging animal's search path, the price of a fluctuating stock, and a gambler's financial condition.
Random walks have applications in engineering and numerous scientific domains, including ecology, psychology, computer science, biology, economics, and sociology. Karl Pearson coined the term "random stroll."
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cribb corporation uses direct labor-hours in its predetermined overhead rate. at the beginning of the year, the estimated direct labor-hours were 42000 hours and the total estimated manufacturing overhead was $210000. at the end of the year, actual direct labor-hours for the year were 42800 hours and the actual manufacturing overhead for the year was $226800. how much overhead does cribb apply to jobs during the year? round all interim computations to the nearest penny and your final answer to the nearest dollar. just put in the numeric value with no punctuation other than a comma.
Overhead applied to jobs by Cribb corporation is $12800 with estimated direct labor-hours as 42000 hours and estimated manufacturing overhead as $210000.
Give a brief account on absorption costing.To keep track of all costs associated with creating a certain product, "absorption costing," also known as "full costing," is a managerial accounting technique. This plan includes for all costs, direct and indirect, including rent, insurance, direct materials, and direct labor.
The cost base for absorption costing includes everything that is a direct cost of producing a good. Under absorption costing, fixed overhead costs are also included in the product costs. A few expenses associated to product manufacturing include wages paid to employees who physically make a product, raw materials needed for production, and all overhead costs (such as all power bills spent during production).
To solve the question :
Given,
Estimated direct labor-hours = 42000 hours
Estimated manufacturing overhead = $210000.
Actual Hours Worked = 42800 hours
Actual Overhead = $226800
Budgeted Manufacturing Overhead rate
= total estimated manufacturing overhead / estimated direct labor-hours
= $210000 / 42000 hours
= $ 5 per hr
Actual Hours Worked = 42800 hours
Applied Overhead = Actual Hours Worked / Budgeted Manufacturing Overhead rate
= 42800 hours x $ 5 = $214000
Actual Overhead = $226800
Overhead = Actual overhead - Applied Overhead
= $226800 - $214000
= $12800
Hence, Overhead applied to jobs by Cribb corporation is $12800.
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happy go lucky electric company is the only company providing electric power to the city of go lucky. the accompanying graph depicts their marginal costs (mc), average total costs (atc), demand (d), and marginal revenue (mr). a. move point e to the firm's profit maximizing price and quantity. b. at the profit maximizing point, what is happy go lucky's level of profit?
Move point E to the firm's profit maximizing price and quanity. Happy Go Lucky's profit is$30
How do you calculate profit maximizing price and quantity in monopoly?The quantity of goods produced at which marginal revenue equals marginal cost, or when MR = MC, is the decision that will maximize profits for the monopoly.If the monopoly produces less, MR > MC at given output levels, and the enterprise can increase profits by increasing output. The level of output that maximizes a monopoly's profit is when the marginal cost equals the marginal revenue.According to this theory, the output whose marginal income equals its marginal cost maximizes profits.The monopolist should boost output if marginal revenue exceeds marginal cost. When marginal revenue and marginal cost are equal, profit is maximized.Profit is maximized at the quantity where marginal revenue at that quantity equals marginal cost at that quantity, as the previous discussion has demonstrated.To learn more about profit maximizing point refer
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7.4. suggest, giving reasons, appropriate forms of authentication for the following products: a. an e-learning product for teachers and students, funded by advertising, that allows users to recommend videos and other learning material on a range of topics. b. a personal finance app for mobile devices that can automatically transfer funds between different accounts based on rules set up by the user. c. a human resources product for businesses that helps manage the process of recruiting new staff.
Appropriate forms of authentication for the following products are "an e-learning product for teachers and students, funded by advertising, that allows users to recommend videos and other learning material on a range of topics which is access control for e-learning".
The Access control is a fundamental component of data security that dictates who's allowed to access it and use information and resources of company like e-learning, An e-learning access control is a structured method of training or teaching using electronic technology, rather than by knowledge passed on person to person.
The access control is important because it limit access to information and information processing systems.
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if a business purchases $3,220,000 in equipment during 2022, what is the impact on the section 179 election?
For the current year, the maximum amount that can be deducted will be $560,000 because the ceiling will be reduced by $520,000.
Section 179 allows for a maximum deduction of $1,080,000 and a maximum purchase of $2,700,000.The deduction decreases dollor-by-dollor if the purchase price is greater than $2,700,000.In this way, first choice is the right response.
What is the percentage reduction in tax obligation?A tax credit is a direct reduction in the amount of income tax that must be paid. The amount of tax you owe is directly reduced by a tax credit. The Earned Income Credit, the American Opportunity Tax Credit, and the Savers Tax Credit are all common credits. A credit can either be refunded or not.
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you are a group cash manager interested in the north american business market. what are the personalization options available to you in sap fiori? there are 2 correct answers to this question.
The personalization options available in SAP Fiori are to create access to North American accounts as payable groups so that it can report to us and to create an app that will directly take us to the North American business market's cash position.
For the North American accounts payable group that reports to you, you can grant access to pertinent apps. You can develop an app that will take you directly to the North American business market's cash position. The Iaunch-pad colour scheme can be modified in accordance with the cash report's predefined values. You can organise all the apps needed for your daily operations into a tile group for quick access.
With simple screens that work on any device, SAP Fiori is a design system that enables you to create business apps with a consumer-grade user experience. This transforms regular users into SAP experts. You can quickly create and customise your own apps by using the SAP Fiori design guidelines and tools.
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the market capitalization rate for admiral motors company is 8%. its expected roe is 10% and it expected eps is $5. if the firm's plowback ratio is 60%, what will be its p/e ratio?
The P/E ratio is 20 at 8% of market capitalization rate, 10% of expected roe, $5 eps and 60% plowback ratio.
The market capitalization rate 8% = 8/100
= 0.08
The expected is roe 10% = 10/100
= 0.1
The expected eps is $5
The Plowback ratio is 60% = 60/100
= 0.6
The growth rate is calculated as:
= Plowback ratio × ROE
= 0.6 × 0.1
= 0.06×100
= 6%
The P/E ratio is calculated as,
=1- Plowback ratio/ market capitalization rate - growth rate
= 1-0.6/0.08-0.06
= 0.4/0.02
= 20
Hence the P/E ratio is 20
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your client, ray, wants to purchase a home listed for $200,000. the home is in a revitalization area, and ray can purchase it under the good neighbor program. how much will he have to pay for the home?
As per the rule those who qualify may purchase the home at a 50% discount, and with only $100 down, so $200,000, less 50%, plus $100 will be paid for the home.
Who are eligible for Good Neighbour Program?The "Good Neighbor Program" is a program given for the teachers, firefighters and law enforcement officers. This program gives them the opportunity to purchase homes at a lower rate in revitalization areas.
1. For the purposes of the GNND Sales Program, a person qualifies as a law enforcement officer if they satisfy the following criteria:
a. full-time employment with a state, a general municipal government, an Indian tribal authority, a federal law enforcement agency;
b. The individual is sworn to uphold and make arrests for violations of all applicable federal, state, tribal, county, township, and municipal laws while performing such full-time job.
c. The normal course of business for the full-time employment described in this section's paragraph (a) shall directly benefit the community where the residence is located.
2. Teachers
For the purposes of the GNND Sales Program, a person is considered a teacher if they meet the following criteria:
a. a full-time teaching position at a public or private school with state accreditation that offers direct services to students in grades kindergarten through 12;
b. The full-time job described in subsection (a) of this section must routinely assist pupils from the neighbourhood where the home is situated.
3. Emergency medical technicians or firefighters
For the purposes of the GNND Sales Program, a person is considered to be a firefighter/EMT if they are:
a. employed full-time by a fire department or emergency medical services responder unit of the federal government, a state, a general local government unit, or an Indian tribal government as a firefighter or emergency medical technician;
b. The locality where the residence is located must be directly served by the full-time employment described in this section's paragraph (a) in the normal course of business.
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within the department of management at rolling hills state university, there are three jobs: department chairperson, administrative assistant, and professor. there is 1 department chairperson, 1 administrative assistant, and 10 professors. how many positions are there? (note: the question is asking about positions, not jobs).
According to the concept of management, an individual or a group must be questioned and managed in order to attain desired goals and objectives. Management also includes the ability to organize, oversee, and mentor others.
What is the department of management ?Management is the method of organising a company's actions and resources to achieve certain objectives as effectively and efficiently as feasible. Efficiency in management refers to the capacity to carry out duties efficiently and successfully.
Giving a specific definition of the term "management" is exceedingly challenging. Management is viewed and interpreted from several perspectives by academics from other fields. Management is viewed by economics as a resource, just like land, labour, capital, and organisation. The bureaucrats view it as a system of authority to accomplish corporate objectives. Managers are seen by sociologists as members of the social class elite.
Author Stephen Covey discusses the Seven Habits paradigm of management and leadership for both personal and professional development. The College of Business Management and Accountancy's (CBAA) Business Management Department (BMD) provides thorough instruction in operations management & human resource development.
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what name do we use to refer to the buying and selling of spices that also made it possible to cultivate, prepare, and transport everything from ginger and turmeric to cardamom and cinnamon?
We refer buying and selling of spices that also made it possible to cultivate, prepare, and transport everything from ginger and turmeric to cardamom and cinnamon as a Spice trade.
The spice trade, an industry with ancient roots and significant cultural and economic impact, involves the cultivation, preparation, transportation, and marketing of spices and herbs. In the case of the spice routes, the connections were created by merchants moving goods from port to port. They primarily and profitably traded spices, which gave the routes their name.
Early on, the spice trade was connected to overland routes, but sea routes ultimately contributed to the trade's expansion. By keeping their products' provenance a secret, Arabic spice traders could command higher prices by making up fantastic tales about having to fend off fierce birds of prey in order to reach spices that were growing high up on cliff faces.
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ou have $20,000 to invest. you want to purchase shares of xerox at $17.34, qwest at $8.15, and liz claiborne at $44.73. how many shares of each company should you purchase so that your portfolio consists of 25 percent xerox, 40 percent qwest, and 35 percent liz claiborne?
0.673= Liz Claiborne.
Total Investment=$20000
Xerox 25 percent=20000*25% =5000
Qwest 40 percent=20000*40% =8000
Liz Claiborne 35 percent=20000*35% = 7000
Total portfolio is 5000×$17.34 + 8000×$8.15 + 7000×$44.73 = 86700+65200+313110=$465010
Xerox weight = 5000×$17.34 / $465010 = 0.186
Qwest weight = 8000×$8.15 / $465010 = 0.1402
Liz Claiborne weight = 7000×$44.73 / $465010 = 0.673
By means of funding, economists suggest the production of goods with the purpose to be used to supply other goods. This definition differs from famous usage, wherein choices to purchase stocks (see stock market) or bonds are concepts of as investments. funding is typically the end result of forgoing consumption.
Investments are usually bucketed into 3 foremost categories: stocks, bonds, and cash equivalents. there are many special sorts of investments within every bucket. right here are six forms of investments you might don't forget for a lengthy-term increase, and what you need to recognize about each.
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the occupational safety and health act gives workers the right to a job: group of answer choices with equal wages for similar kinds of work. with wages that enable an employee to enjoy a decent standard of living. that is free from recognized hazards that are likely to cause death or serious injury. that does not require them to lift, bend, or move items at any time on the job.
The occupational safety and health act(OSHA) gives workers the right to a job "that is free from recognized hazards that are likely to cause death or serious injury".
The main goal of the OHSA is to establish the legal framework necessary for us to carry out our mission of providing a healthy and safe workplace by stipulating rights and obligations for all individuals involved in the workforce.
This will help to build a solid internal accountability system on the job. By setting and enforcing rules, providing training, communication, information, and support, it seeks to promote safe and healthy working environments for both men and women.
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rolando saves 8% of his income for a new car. this year he saved $3000 and his salary was $2000 less than in the previous year. what was his salary in the previous year
Rolando’ salary in the previous year is $39,500.
Let us assume ‘s’ to be the salary or income for this year.
And,Let y be last year's salary
Since 8% of the salary is 3000.
So, the equation is 0.08
s = 3000s = 37,500
Now the previous year should be
y = s + 2000y = 37,500 + 2000
= $39,500
Rolando saves 8% of his income for a new car. This year he saved $3000 and his salary was $2000 less than in the previous year. So , $39,500 was his salary in the previous year.
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The per-unit standards for direct labor are 1. 5 direct labor hours at $15 per hour. If in producing 2500 units, the actual direct labor cost was $48825 for 3150 direct labor hours worked, the total direct labor variance is $4275 unfavorable
Hours of direct labor worked result in a $4275 unfavorable direct labor variance.
How does labor variance work?A labor variance is defined as. When a labor activity's actual cost deviates (for the better or worse) from what was anticipated, this is known as a labor variation. Usually, the expected sum is a predetermined or budgeted sum.
Briefing :
Calculation to determine what the total direct labor variance is
Using this formula
Total Direct Labor Variance=(Standard Direct Labor Cost - Actual Direct Labor Cost
Let plug in the formula
Total Direct Labor Variance=[(2500 × 1.5) × $15]- $53100
Total Direct Labor Variance=$ 48825 - $53100
Total Direct Labor Variance = $4275 unfavorable
Therefore the total direct labor variance is$ $4275 unfavorable .
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understand the different types of pricing objectives and how pricing affects each one:] a. survival b. profit c. return on investment d. market share e. cash flow f. status quo g. product quality
Only in special circumstances or on a temporary basis may survival pricing be used.
How does pricing policy impact an organization's ability to survive?Many operations of the firm's activities are directly correlated with a product's price. Demand will be impacted by a price decision, which in turn will have an impact on the firm's income. Similar to this, a profitable company tends to draw in more new funding.
How price impacts revenue?Your pricing approach will have an impact on the profit margin you make on each unit sold; assuming you don't lose sales, charging more will result in a higher profit margin. In contrast, higher pricing that result in lower sales volumes might reduce or even erase your profits because your overhead costs per unit rise as you sell fewer units.
What is ROI and how is it impacted by pricing?ROI is to quantify the relationship between an investment's return and cost. ROI is calculated by dividing the benefit (or return) of an investment by its cost. A percentage or ratio is used to represent the outcome.
How market share is impacted by pricing?Customers' interest and loyalty can be attracted by offering lower and more alluring prices. The vital sales that increase market share could increase as a result. In addition to providing promotions, coupons, freebies, and other benefits to customers, a business can consider discounts on the actual cost of the goods.
How do prices impact cash flow?One of the key aspects of a company's performance that directly affects cash flow is pricing. If you overcharge for your services, your cash flow will suffer along with your profit margin. If you price things too expensive, you run the danger of pricing potential clients out who either can't or won't pay.
How do prices impact the status quo?The more that higher prices denote higher quality, the less sensitive consumers become to price. Competition pricing, also referred to as status quo pricing, is either keeping current prices (status quo) or basing prices on those of rival businesses.
How does product quality relate to price?Small pricing adjustments translate into huge quality changes when prices are low. Small price changes correspond to smaller quality changes when prices are higher. But in every situation, more expensive goods are of superior quality.
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use the following facts for a manufacturer. raw materials purchases $ 200,000 direct labor $ 450,000 indirect labor $ 35,000 selling and administrative costs $ 102,000 depreciation on factory equipment $ 120,000 other factory costs $ 165,000 sales revenue ($100 per unit) $ 2,296,000 january 1 december 31 raw materials $ 15,800 $ 13,300 work-in-process $ 35,700 $ 46,500 finished goods $ 85,100 2,200 units $138,400 3,340 units (not all produced in current year) what is the cost of direct materials used for the year? a. 189,200 b. 197,500 c. 202,500 d. 200,000 e. 215,800
The cost of the materials utilized for the provided inquiry in one year was $100,2700.
Production-related raw materials:
= Beginning Raw Material Inventory - Raw Material Purchases - Ending Raw Material Inventory
= $15,800 + $200,000 - $85,100
= $130700
Total cost of production:
Added to the Work in Process: Direct Labor, Manufacturing Overhead, and Raw Materials Used in Production
= $130700 + 450,000 + ( 35,000 + 102,000 + 120,000+165,000)
= $1002700
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marguerite wants to sell her motorcycle, and ryan is looking for a used motorcycle to buy. ryan takes it for a test drive. marguerite knows that the clutch is going out on her motorcycle, the fuel filter is leaking, and the tires will need to be replaced soon. if she does not disclose this information to ryan and he cannot tell from his test drive, this is an example of an external cost. a public good. an external benefit. asymmetric information.
If Marguerite does not disclose this information to Ryan and he cannot tell from his test drive, this is an example of asymmetric information.
When one party to an economic transaction has more in-depth knowledge of the relevant facts than the other, this is known as asymmetric information, also known as "information failure." This typically occurs when the buyer and seller of a good or service have different levels of knowledge, though the dynamic can also be reversed. Information asymmetries are a common occurrence in economic transactions.
Asymmetric information exists in some transactions involving a seller and a buyer, allowing one party to take advantage of the other. Typically, when an item is sold, this is the case. For instance, a homeowner selling their home would be more knowledgeable about it than the prospective buyer.
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retailer's have information about a customer that includes what she has purchased, the colors, sizes, and styles, and how she has responded to recent promotions. this information is collectively called:
It serves as the basis for the subsequent CRM activities.
What are the exercises of CRM?A technology for managing all of your company's interactions with customers and potential customers is customer relationship management (CRM).The objective is clear: Enhance business connections. A CRM system aids businesses in enhancing profitability, streamlining procedures, and maintaining customer contact.
What serves as the basis for every CRM activity?Therefore, the so-called relationship model serves as the foundation for an effective CRM system. This necessitates having access to all pertinent information regarding your private or business clientele.
How does CRM work?The CRM process is a five-step strategy for keeping each customer interaction personalized and meaningful. The data and features your team requires to carry out this strategy and ultimately convert leads into customers are provided by a CRM system.
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a trader sold a cash-secured put that is in the money a few days from expiration. if the trader does not want to be assigned the stock, what can he do? select all that apply.
If the trader does not want to be assigned the stock Buy back the call contract and Roll the call to an out of the money strike.
The shares into which ownership of a corporation or company is split constitute stock in the financial world. A single share of stock represents a portion of the corporation's ownership in relation to the total number of shares. The ownership certificates of any corporation are referred to as "stocks" in general. A shareholder is someone who owns stock in a specific corporation. Stocks come in two common and favored varieties. Stocks signify ownership in a publicly traded business. You acquire a share of ownership in a firm when you purchase its stock. As an illustration, if a company has 100,000 shares and you purchase 1,000 of them, you will own 1% of the business. Investors purchase shares at a predetermined price that is determined by the state of the market.
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in 2000, microsoft had almost total market share. a significant market entry barrier for new competition was .
The Justice Department's cost that Microsoft is a monopolist rests normally on the fact that some version of the Windows running gadget is currently used
on some 80 percent of all personal computer systems in the world and that Microsoft has required pc producers to deploy Internet Explorer
Why is Microsoft accused of acting a monopoly in the pc running structures market?The Legal Case
Microsoft used to be formally charged with constituting a market monopoly via making it tough for customers to installation competing software program and simultaneously making it tough to uninstall the company's browser, Internet Explorer.
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https://brainly.com/question/29057414#SPJ4the market portfolio's historical returns for the past three years were 10 percent, 10 percent, and 16 percent. suppose the risk-free rate of return is 4 percent. estimate the market risk premium.
The market risk premium is 8%
Average market return = Sum of returns/number of returns
The risk-free rate of return = 0.04
The market risk premium is the excess return over the risk-free rate or we can say the difference between market return and the risk-free rate of return. The difference between the anticipated return on a market portfolio and the risk-free rate is known as the market risk premium (MRP).
Market risk premium = Average market return - Risk-free rate of return
Market risk premium = [(0.10 + 0.10 + 0.16) / 3] - 0.04
Market risk premium = (0.36 / 3) - 0.04
Market risk premium = 0.12 - 0.04
Market risk premium = 0.08
Market risk premium = 8%
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selling on consignment to retailers, which means they retain the title to the products displayed and bill retailers only for the merchandise sold, is characteristic of which limited-service wholesaler?
Which limited-service wholesaler is characterized by selling on consignment to retailers, whereby they retain ownership of the products exhibited and only charge merchants for the goods sold?
What do you call goods?When a potential customer enters your store, merchandise refers to everything you do to advertise and sell your products. When we discuss merchandise, we are usually referring to goods that may be purchased, usually in a retail setting.
What qualifies as a hallmark of merchant wholesalers?Wholesalers exhibit the traits listed below: Wholesalers purchase goods straight from suppliers or manufacturers. They purchase goods in bulk and distribute them in smaller amounts. They offer different variations of a specific line or product.
They are provided with an alluring price and other advantages that collectively constitute marketing. Planning, purchasing, sorting, promoting, placing, setting, and replenishing the goods are all included in the definition of merchandise. Purchased goods must be sold in order to refill the supply and avoid financial burden.
example of a product:
Any item you can sell or buy is referred to as merchandise. The term "merchandise" refers to any good that is offered for sale; some examples are groceries at a supermarket, clothing in a retail setting, electronics online, and raw materials in a manufacturing facility.
General-merchandise (full-line) (full-line) The products that wholesalers carry cover almost all of the needs of the clients they serve. B. Limited-line specialty-merchandise wholesalers focus on a small number of products and offer a wide variety of these products.
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