HELP PLEASE
Q1 How would you describe Snap-On Tools' competitive strategy? Does it fit a price or non price model? Explain (4)
q2 How are the free enterprise " freedoms" of ownership and profit depicted in this scenario on Snap- On Tools? (4)
Q3 Is there any risk for the franshised dealers who purchase the truck, tools and equipment from Snap- On? ( 2)
Answers
Answer:
Q1. Non price model
Q2. How free enterprise "freedom" of ownership and profit are demonstrated includes
1) Snap-on tools ability to make and sell their tools for profit
2) Snap-on tools ability to sell out of mobile trucks, rather than store
3) Snap-On tool is able to offer credit financing to the its customers
Q3 The risks are,
a) Damage to reputation
b) Joint liability
c) Compliance to commercial regulations
Explanation:
A non-price competition is a form of marketing strategy, whereby a company or establishment puts in place distinguishing factors in its goods and or services, in order to distinguish them from competing goods or services.
Related Questions
Why does a business often reach a point at which adding more resources does not increase productivity or profits at the same rate it used to? (diminishing returns, stages of production)
Answers
Answer:
diminishing returns
Explanation:
Diminishing returns are based on the economic concepts founded on the law of diminishing marginal returns. This law provides that after some optimal production level is achieved, the continuous addition of input will lead to a decreased output rate.
Diminishing returns is when productivity increases at a decreasing rate as more input are used while holding other factors constant. Once productivity arising from an input hits its peak, additional employment of that resource will result in a decreased or negative productivity. For example, if input labor is added to a factory, new workers will improve productivity until the factory reaches its maximum capacity. Hiring more workers after the factor hits its peak will result in a decline in labor productivity.
Reka Rahim is employed at Damon's Deli. She has family medical coverage through the company's group medical plan. The annual cost of Reka's family coverage is $12,800. The company pays 80% of the cost. How much is deducted from her biweekly paycheck for medical insurance?
Answers
Answer:
$98.46 per biweekly payment
Explanation:
the total cost of Reka's health insurance = $12,800
her employer pays = $12,800 x 805 = $10,240
Reka must pay = $12,800 - $10,240 = $2,560
there are 52 weeks in a year, so Reka receives 52 / 2 = 26 biweekly payments
amount deducted per biweekly payment = $2,560 / 26 = $98.46
A trait is quality of your own character. True or false
Answers
Answer:
True
Explanation:
A trait defines who you are
Match the definitions to the relevant economic indicators. Gross Domestic Product (GDP) nominal GDP Gross National Product (GNP) real GDP measure of economic output adjusted to inflation or deflation arrowRight measure of economic output before adjusting for inflation arrowRight measure of a country's economic output produced all over the world arrowRight measure of a country's output, income and expenses arrowRight
Answers
Answer:
Real GDP - measure of economic output adjusted to inflation or deflation
Nominal GDP - measure of economic output before adjusting for inflation
Gross National Product - right measure of a country's economic output produced all over the world
GDP - Right measure of a country's output, income and expenses
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Net export = exports imports
When exports exceed import there is a trade deficit and when import exceeds import, there is a trade surplus.
Nominal GDP is GDP calculated using current year prices while Real GDP is GDP calculated using base year prices. Real GDP has been adjusted for inflation.
Answer:
Explanation:
One of the FBLA-PBL's goals is creating more interest in and understanding of
American business______
A. services
B. products
C. enterprise
D. mentorships
Answers
Answer:
C. enterprise
Explanation:
It says on its website where you click on their about page and scroll down to their goals.
Answer:
enterprise
Explanation:
FBLA-PBL is a non-profit organizations that was created to provide help for students who wanted to transition from their school life to the business world.
FBLA focused their operation to help students middle school-high school while PBL focused their operation to help students in College.
This organization taught the students with a couple of knowledge from Industry's expert about how to run and operate a businesses. They teach the students about things such as:
- a list of knowledge or expertise that will be seen as a valuable skill in a certain industry,
- what to expect when they're interacting with their customers and employers,
- how to deal with investors,
- etc.
How do supply and demand help determine the price of a product?
Answers
Answer:
if supply is low but demand is high the price will go up due to limited supply however if demand is low and supply is high the price will be lower because there is a surplus of supplies and not very many people buying it
Explanation:
Answer:
By creating a balance between buyers who want low prices and sellers who want high prices
Explanation:
Which of the following is the most common traits of entrepreneurs? A. Passionate B. Risk-taker C. Independence D. Self-assured
Answers
Answer:
A. Passionate
Explanation:
Hope this helps
Answer: independence
Explanation:
Which is a requirement for an acceptance?
mirror image of offer
intent to contract
communicated
all of the above
Answers
All of the above
The offer must be mirrored, the first party must have an intent to contract, and that intent must be communicated for the second party to know, for sure, that a specific contract is agreed upon for acceptance.
Please mark as Brainliest if you found this helpful.
What is the meaning of business opportunity
Answers
Answer:
A business opportunity (or bizopp) involves sale or lease of any product, service, equipment, etc. that will enable the purchaser-licensee to begin a business. ... This is different from the sale of an independent business, in which there is no continued relationship required by the seller.
hope this help you!! ;)))
According to the video, which activities are Executive Secretaries and Administrative Assistants likely to do? Check all that apply. Supervise office staff, prepare presentations, conduct research, create a budget, file paperwork, greet visitors
Answers
Answer: supervise office staff
Prepare presentations
Conduct research
Explanation:
Answer:
Answer: supervise office staff
Prepare presentations
Conduct research
Explanation:
Which of the following would most likely cause a decrease in the quantity supplied?
An increase in competition
An increase in price
A decrease in price
A decrease in competition.
Answers
What is the value in customizing a cover letter? What do you think are the most valuable
three thing to customize? Why?
Answers
Answer:
The person hiring will see you actually care and your not just doing it for the money, it will also show some professionalism the three most important things to personalize is why you would be a good addition, your experience and how its helped you grow and how you would like to see yourself grow in their company
Explanation:
Which of the following is NOT apart of the international business environment.
A. Geography
B. Economics
C. Debt Owed
D. Culture
Answers
write any five points to be considered while selecting an occupation
Answers
Answer:
Here are the top five things that you should consider when choosing a new education or career path.
Your Happiness. It may sound cliché, but the number one thing that you should consider when choosing a career is your happiness. ...Marketability. ...Social Environment. ...Your Work Style. ...Your Priorities.Five points that one should considering in selecting an occupation are Personal Interests, Strengths, Required Education and Training, Career Marketability, and Personal Values.
One's Personal Interests must be considered as the foremost factor when choosing an occupation. This simply means that the occupation or career should align with the person's interests. For example, if you are interested in caring for others, you can consider a career in nursing.
Strengths: These include the person's natural talents, acquired skills, and developed abilities. Aligning an occupation with your natural strengths make way for career success and happiness.
Every occupation requires some level of education or training to carry out the job according to specified performance criteria. The person choosing an occupation should discover the educational or training requirements before engaging in it.
Other factors to consider are personal value system and the marketability of the chosen occupation. If your choice of occupation is not required in the market, it does not create any value for the person. Alignment of personal value to one's occupation is also important. For example, if you do not support abortion, it will be wrong working in Planned Parenthood International.
Learn more about occupation here: https://brainly.com/question/24366256 and https://brainly.com/question/24356710
HELP PLEASE. PLEAASEEEE
WHICH OF THE FOLLOWING IS A TOTAL COST OF BUYING OR PRODUCING THE FIRM’S GOODS OR SERVICES.
A GROSS EXPENSE
B OPERATING EXPENSE
C NET EXPENSE
D COST OF GOODS SOLD
Answers
Answer:
COGS
Explanation:
Answer:
Answer is cost of goods sold
The best way to convince employers of your skills and abilities is to _____. A. Provide a written list, such as in your resume b. Offer proof by example in answering interview questions c. Have the employer contact your references d. None of the above
Answers
Answer: B
Explanation: I just took the quiz
The best way to convince employers of your skills and abilities is to offer proof by example in answering interview questions.
What to say when an employer asks about skills?You can answer this question in two parts. First, explain what the attribute is and how you have demonstrated it in the past (or how you currently demonstrate it in your workplace). Then, explain why that skill makes you uniquely qualified to work for the company.
How do you convince your employer you are suitable for work?Make a Good 1st Impression. First impressions are extremely important. Eliminate “Risky Business” Hiring managers don't want to hire risky candidates. Practice Your Interview Skills (Seriously) Offer SOLID References. Be a Solution.Learn more about the interview here https://brainly.com/question/8846894
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informational facts about airplanes
Answers
The local recycling center sends a truck to the
school once a month to collect the paper that
was recycled. Each month, the truck picks up
642.3 pounds of paper. How much would the
truck pick up after 3 months?
Answers
Answer:
1,926.90 pounds
Explanation:
In one month, the trucks collect 642.3 pounds of paper.
After three months, the trucks will have collected.
=642.3 pounds multiplied by three months
=642.3 x 3
= 1,926.90 pounds
HELP PLZ WILL GIVE BRAINLIEST. Click this link to view O*NET’s Tasks section for Human Resources Managers. Note that common tasks are listed toward the top, and less common tasks are listed toward the bottom. According to O*NET, what are some common tasks performed by Human Resources Managers? Check all that apply.
Answers
Answer:
the awnser to this question is A C D F i promise these are right i had the same question
Explanation:
mark brainliest pls
it is A, C, D, F
Explanation:
I just answered it
rship
If two or more people own a business equally, it is called a
O corporation
O sole proprietorship
O partnership
O limited liability company
Answers
Answer:
Partnership
Explanation:
A partnership is a formal arrangement by two or more parties to manage and operate a business and share its profits.
PLEASE HELP YOU DONT HAVE TO ASNWER ALL OF IT IF YOU CANT
1. Describe the nature and types of business.
2. What are the economic factors influencing the communication industry as a whole, and how does this impact the economic base?
3. Explain ethical conduct and describe one way you exhibit ethical conduct.
4. Describe copyright laws in relation to fair use of materials and duplication materials.
Answers
Answer:
All answer is nou XDDDDDDDDDDDDDD
Karl’s Sporting Goods started as a small shop catering to the fly-fishing crowd but as requests were made for different and varied goods, it branched out into an outdoor-sports store. Karl caters to his core customer base of hunters and fishermen, but stocks the latest outdoor gear for those who want to incorporate other sports such as backpacking into their hunting and fishing experience. Due to space limitations, he does not carry mountain bikes, but does carry gear for them. Since Karl’s is not located near the ocean or a large body of water, he does not carry wetsuits or other watersports equipment, but he does carry gear that would be required for wading in cold mountain rivers and streams, and canoes and kayaks. His marketing is directed toward hunters and fishermen, but includes activities, events, and sales aimed at bringing outdoor enthusiasts with other interests into his store. Over the past month, he has received numerous request for rock climbing gear. As a result of t
Answers
The full question is:
Karl's Sporting Goods started as a small shop catering to the fly-fishing crowd but as requests were made for different and varied goods, it branched out into an outdoor-sports store. Karl caters to his core customer base of hunters and fishermen, but stocks the latest outdoor gear for those who want to incorporate other sports such as backpacking into their hunting and fishing experience. Due to space limitations, he does not carry mountain bikes, but does carry gear for them. Since Karl's is not located near the ocean or a large body of water, he does not carry wetsuits or other watersports equipment, but he does carry gear that would be required for wading in cold mountain rivers and streams, and canoes and kayaks. His marketing is directed toward hunters and fishermen, but includes activities, events, and sales aimed at bringing outdoor enthusiasts with other interests into his store. Over the past month, he has received numerous request for rock climbing gear. As a result of these requests, Karl has entered into negotiations with three providers of high-quality rock climbing shoes and gear. What do Karl's activities show about his marketing for Karl's Sporting Goods?
Answer:
He has a marketing concept and is acting on it.
Explanation:
A marketing concept is the way by which businesses identify the needs of customers and come up with strategic ways of meeting those needs better than competing firms.
Different marketing concepts include: production concept, product concept, selling concept, marketing concept, and the societal marketing concept.
In the given scenario Karl's sporting goods only catered for fly fishers but as demand for other items increased they branched into other outdoor sport items.
He is stocking gear for swimming, rock climbing, and mountain bikers through partnership with suppliers even if they are not his primary market.
This is acting on marketing concept to be able to meet demand for the other outdoor sporting activities he does not normally supply
Why could the invention of new technology lead to new business ideas?
Answers
Soft skills 2 sentences that will help
Answers
Answer:
Include the terms most closely related to the job in your resume, especially in the description of your work history. Highlight Skills in Your Cover Letter: You can incorporate soft skills into your cover letter. Include one or two of the skills mentioned here, and give specific examples of instances when you demonstrated these traits at work
Explanation:
Describe two things you can do to make sure you are using another person's work fairly.
Answers
Answer:
Paraphrase and cite.
Shirine has been debating between two career pathways in finance. She creates a Venn diagram to compare the two careers. In a Venn diagram, the separate circles contain characteristics unique to each item being compared and the intersection contains characteristics that are common to both items being compared. This is the Venn diagram that Shirine creates: A Venn diagram. Title 1 has Sets up and oversees customer accounts; Analyzes how much to grant in loans; Possible Careers: Teller, Loan Officer, Credit Checker. Title 2 has Analyzes how to grow customers' money; Deals with securities and commodities; Possible Careers: Personal Finance Advisor, Treasurer, Risk Management Analyst. The area of overlap has Deals with money, Works with customers. Which accurately labels the titles in Shirine’s diagram? Title 1 should be Investment Career Pathway, and Title 2 should be Banking Career Pathway Title 1 should be Banking Career Pathway, and Title 2 should be Investment Career Pathway Title 1 should be Banking Career Pathway, and Title 2 should be Financial Management Career Pathway Title 1 should be Financial Management Career Pathway, and Title 2 should be Investment Career Pathway
Answers
Answer:
d
Explanation:
Answer:
Its C
I hope it is C
Explanation:
X works with the company Y. After ten (10) years of working with the said company, he was dismissed. He files an illegal dismissed case. The Labor Arbiter required him to prove his allegation of illegal dismissed with substantial evidence. Failure to do so, the Labor Arbiter said he would dismiss the case. Is the Labor Arbiter correct? Why or why not?
Answers
Answer: Yes, he is correct
Explanation:
Considering law cases or any case that has to do with charging someone or an organization, it is always vital to have an evidence of proof to give or show to the law court when making your allegations against the company, failure to do so would mean you're not correct about what you're saying if though you might be right.
The Labor Arbiter is correct because the client has failed to give evidence to prove his/her allegation.
how many ig followers do i have alexamaldonadoo go quick ill give brainliest
Answers
PLEASE HELP QUICKLY: (FIRST ANSWER GETS BRAINLIEST)
Amanda is 20-years-old and looking to invest $1000. She has always played it safe with very low-risk investments, but now she is ready to take a bigger risk to see if she can earn a bigger return on her investment. She is comfortable having this money tied up for several years, but she would like to withdraw the money sometime in the next 5 to 10 years. Which type of investment will BEST fit Amanda’s needs?
money market mutual fund
certificate of deposit
bond
Answers
For sure
Money market mutual fund,is the type of investment will BEST fit Amanda’s needs.
What is meant by Money market mutual fund?
A money market fund is a kind of mutual fund that invests in highly liquid, near-term instruments. These instruments include cash, cash equivalent securities, and high-credit-rating, debt-based securities with a short-term maturity (such as U.S. Treasuries).Money market funds invest in highly liquid securities like cash, cash equivalents, and high-rated debt-based securities. Because they only invest in highly rated securities, money market funds offer a high degree of safety. Money market funds also offer investors higher yields than traditional savings accounts.Money market mutual fund,is the type of investment will BEST fit Amanda’s needs.
To learn more about Money market mutual fund refer:https://brainly.com/question/16678408
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Hannah works in a factory that makes hearing aids. She is part of a team that designs how the electrical components are put together and encased. What kind of education or experience most likely prepared Hannah to qualify for this position?
A. an apprenticeship with another hearing aid maker
B. a bachelor's degree in electrical engineering
C. an internship at a hearing screening clinic
D. a doctorate in medicine
Answers
Answer
A Bachelor's Degree in electrical engineering.
Explanation:
She needs the knowledge of how to setup a hearing aid and they have electrical parts. So she is going to need that Bachelors Degree.