The top manager is the one who sets the organization's objectives and decides how the departments should work together.
What is it called when managers set organizational goals and detail how these goals are to be attained?1. Preparation Managers design a plan of action to accomplish organizational goals during the planning stage.
Who is directly in charge of attaining corporate objectives?Employees that are directly accountable for fulfilling organizational objectives include those in manufacturing, distribution, and marketing. Employees that give advice and help others achieve their goals include those in marketing research, legal advice, IT, and human resource departments.
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lewis is annoyed that marcus used a sms text to send important corporate information, which is both unprofessional and against organizational policy. this is an example of which of the following?
Lewis is annoyed that Marcus used a sms text to send important corporate information, which is both unprofessional and against organizational policy. This is an example of encoding.
What is encoding?Encoding is the process through which the communication's originator constructs the message they desire to convey. Encoding is the process of turning a vague concept into a clear message. Words, symbols, photos, symbols, and noises are used to accomplish this.
Encoding is the process of converting an organization's ideas about a product into different forms or styles of promotion, such as advertisements, news releases, sales promotions, or a personal sales pitch.
The firm that plans to market its new product will be the source of communications regarding promotion and marketing. Encoding is the process through which the communication's originator constructs the message they desire to convey.
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Q) Lewis is annoyed that marcus used a sms text to send important corporate information, which is both unprofessional and against organizational policy. this is an example of which of the following?
informationencodingnoisefeedbackthe is defined as the payments to the owner plus the change in a security's value expressed as a fraction of the security's purchase price.
The rate of return is defined as payments to owner plus the change in security's value expressed as fraction of the security's purchase price.
What is rate of return?The gain or loss of an investment over a specific time period is known as the Rate of Return (ROR). In other terms, the rate of return is the increase (or decrease) in value over the cost of an initial investment, usually given as a percentage. When the ROR is positive, the investment is said to have made money, and when the ROR is negative, it has lost money. Be aware that the regular rate of return refers to the gain or loss of an investment over a chosen period of time, given as a percentage. The return on investment over a year is measured by the annualized ROR, commonly referred to as the compound annual growth rate (CAGR).
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Your dormitory roommate plays loud music most of the time. However, you would prefer more peace and quiet. You suggest that she buy some headphones. She responds that although she would be happy to use headphones, she has many other things that she would prefer to spend her money on right now. You discuss this situation with a friend who is an economics major. The following exchange takes place.Him: How much would it cost to buy headphones?You: $15.Him: How much do you value having some peace and quiet for the rest of the semester?You: $30.Him: It is efficient for you to buy the headphones and give them to your roommate. You gain more than you lose. The benefit exceeds the cost. You should do that.You: It just is not fair that I have to pay for the headphones when I am not the one making the noise.a. Which parts of this conversation contain positive statements and which parts contain normative statements?1. Positive:2. Normative:
Positive: The statement "It would cost $15 to buy headphones" is a positive statement because it describes a factual observation about the cost of headphones.
Normative: The statement "It is efficient for you to buy the headphones and give them to your roommate. You gain more than you lose. The benefit exceeds the cost. You should do that." is a normative statement because it expresses a value judgment about what should be done. The statement "It just is not fair that I have to pay for the headphones when I am not the one making the noise" is also a normative statement because it expresses an opinion about fairness.
Positive statements describe what is, while normative statements express what ought to be. In this conversation, the positive statements are the statements about the cost of headphones, while the normative statements are the statements about what is efficient and what is fair.
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An indifference curve:
A) may be either upsloping or downsloping, depending on whether the two products are complements or substitutes.
B) is downsloping and convex to the origin.
C) is upsloping and has a constant slope.
D) is downsloping and concave to the origin.
An indifference curve may be either upsloping or downsloping, depending on whether the two products are complements or substitutes. Thus, option A is correct.
When consumers are given a choice between two things they want to buy, economists use an indifference curve to characterize the concessions they make. People cannot afford everything since their financial resources are restricted.
The combination of two goods that will give the customer equal value and satisfaction and, as a result, make the customer indifferent is represented by an indifference curve, in plain English. It slopes down to the right based on market value.
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Suppose an initial investment of $80 will return $40/year for three years (assume the $40 is received each year at the end of the year). At a discount rate of 30%, this investment _____ profitable.
Suppose an initial investment of $80 will return $40/year for three years (assume the $40 is received each year at the end of the year). At a discount rate of 30%, this investment Not is profitable.
The computation of investment profitability is shown below:-
The present value of the return is
= 30 ÷ 1.25 + 30 ÷ 1.25^2 + 30 ÷ 1.25^3
= 24 + 19.2 + 15.36
= 58.56 < 80
In finance, the motive of investing is to generate a return from the invested asset. The return may additionally include an advantage (income) or a loss found out from the sale of an asset or an investment, unrealized capital appreciation (or depreciation), funding earnings that include dividends, hobby, or apartment income, or a mixture of capital advantage and income. The go-back can also include forex gains or losses due to modifications inside the foreign currency exchange fees.
funding is the determination of cash to purchase an asset to attain an increase in cost over a time period. investment requires a sacrifice of a few gift assets, consisting of time, money, or attempt. buyers commonly anticipate higher returns from riskier investments. while low-danger funding is made, the go-back is likewise normally low. in addition, the excessive hazard comes with a hazard of excessive losses.
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according to the efficient-market hypothesis, information about which of the following is embedded in a stock price?
The following is embedded in a stock price C) fully reflects all available relevant information.
What is efficient market hypothesis?The efficient market hypothesis (EMH), also referred to as the efficient market theory, is a theory that claims that share prices accurately reflect all available information and that it is difficult to consistently generate alpha.
Equities always trade at their fair value on exchanges, according to the EMH, making it impossible for investors to buy undervalued stocks or sell them for exorbitant prices.
The only way an investor can earn larger returns is by making riskier bets, as it should be impossible to outperform the market as a whole through excellent stock selection or market timing.
The proper question is "According to the efficient market hypothesis, the current price of a financial security A) is the discounted net present value of future interest payments. B) is determined by the highest successful bidder. C) fully reflects all available relevant information. D) is a result of none of the above."
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which of the following from our marketing strategy process planning environment will be explored in chapter 3? -External market environment. -Competitors. -Company
Effective strategic planning is a method that need to be broken down into three separate, equally important components: strategic thinking, long-range planning, and operational planning.
What is the three feature of marketing?The primary features of advertising are: Promoting and selling merchandise or services. Building manufacturer awareness. Analyzing client data.
Promotion. Promotion, the fourth marketing-mix element, consists of several strategies of communicating with and influencing customers. The most important equipment are sales force, advertising, sales promotion, and public relations.
The two fundamental kinds of advertising approach are:
Business to enterprise (B2B) marketing.
Business to purchaser (B2C) marketing.
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https://brainly.com/question/25640993#SPJ4, which makes different lines of action appear to be occurring simultaneously, creates patterns that influence viewer expectations.
Parallel editing is used for numerous action processes that might look like they are running concurrently.
However, it can also be ABABABABABABAB, as in silence of the lambs. Traditionally, it follows the pattern ABCABCABCABC.
Parallel editing:
When a video editor transitions between two various scenes, this is called parallel editing. In the film's main reality, the scenes happen simultaneously in two different places.
The Cross-cutting procedure referred to as simultaneous editing is that that best accentuates contrast.
Example:
Inception, a 2010 show hosted by Christopher Nolan, is arguably the most widely recognized instance of parallel editing in cinematography. I'm referring to the movie where the characters enter a dream within a dream.
Parallel editing and Crosscutting:
They may be equivalent, but they are not comparable things. Crosscutting is a broad phrase for every time two scenes are merged together, whereas Parallel editing addresses situations where two or more shots represent parallel and actively demonstrate place at the same time.
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What are sentential forms in leftmost derivation?
Sentential forms in leftmost derivation are the intermediate stages in the process of transforming the input string into the target string using a set of production rules.
In leftmost derivation, the leftmost non-terminal symbol in the input string is replaced by the right-hand side of the production rule that corresponds to that non-terminal symbol.
This process continues until a target string is obtained, with all non-terminal symbols being replaced by terminal symbols. Each intermediate stage of the process is known as a sentential form.
These sentential forms represent the evolution of the input string as it is transformed into the target string. The leftmost derivation process is a useful tool for parsing context-free grammars, as it provides a systematic method for constructing a parse tree from an input string.
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Suppose that the nearby campers impose a cost of $300 on you and your roommate. If they had to move to a campsite where they could make as much noise as they wished, they would incur a cost of $100. Think of this as the cost of having to physically pack up their stuff and hike to another site. If they stayed and had to be quiet and not disturb you, they would incur a cost of $200. The park rules specify that whoever arrived first has a right to an undisturbed camping spot. Which of the following outcomes would be consistent with the Coase theorem?
The following outcomes would be consistent with the Coase theorem: they would move, as the cost to keep quiet would be more than the cost to move.
What is Coase theorem?
The Coase theorem is an ideology that states that under some conditions, property rights can reduce adverse effects.
If an economic distribution or outcome is subject to downsides, one can use Coase's theorem to assess its economic performance. The trading leads to Pareto efficient outcomes regardless of how property is first allocated or who owns the property rights.
The following outcomes would be consistent with the Coase theorem: they would move, as the cost to keep quiet would be more than the cost to move.
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In the short-run, the ___________ of many goods and services are sticky or inflexible and unable to rapidly change
The prices of many goods and services are fixed or sticky, and they rarely change in the short term.
What do we mean by pricing?The process of figuring out a product's quantitative value based on both internal and external elements is called product pricing.
Product pricing directly affects your company's entire success, including cash flow, profit margins, and client demand.
Many goods and services have sticky or rigid prices that can't alter quickly in the short term.
Price of goods refers to the cost of the item as stated on the label at the time of manufacturing, the maximum retail price (MRP), the price stated in the import declaration form, or the price set by the producer at the point of origin.
Depending on the sector and type of business, value-based, competition-based, cost-plus, and dynamic pricing are all regularly employed approaches.
Therefore, the prices of many goods and services are fixed or sticky, and they rarely change in the short term.
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suppose that the total revenue received by a company selling basketballs is $960 when the price is set at $30 per basketball and $960 when the price is set at $20 per basketball. without using the midpoint formula, identify whether demand is elastic, inelastic, or unit-elastic over this price range. demand is?
The demand for the company's basketballs appears to be unit-elastic over this price range. Unit-elastic demand means that a change in price leads to an equal proportional change in the quantity demanded.
the revenue received by the company remains the same whether the price is set at $30 or $20 per basketball, which suggests that the change in price did not lead to a significant change in the quantity demanded.
Price elasticity of demand measures how responsive the quantity demanded is to changes in the price of a good or service. In other words, it tells us how much the quantity demanded changes when the price changes.
If the price elasticity of demand is elastic, a change in price leads to a larger change in the quantity demanded in the same direction. This means that if the price of a product increases, the demand for it will decrease, and vice versa.
If the price elasticity of demand is inelastic, a change in price leads to a smaller change in the quantity demanded in the same direction. This means that even if the price of a product increases, the demand for it will only decrease slightly, and vice versa.
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jacqueline has been selling 8,000 t-shirts per month for $9.00. when she increased the price to $11.00, she sold only 5,000 t-shirts. which of the following best approximates the price elasticity of demand?
The price elasticity of demand measures the responsiveness of the quantity demanded of a good or service to a change in its price.
It can be calculated as follows:
Price Elasticity of Demand = (Percent Change in Quantity Demanded) / (Percent Change in Price)
First, we need to calculate the percent change in quantity demanded:
Percent Change in Quantity Demanded = (New Quantity - Original Quantity) / Original Quantity * 100%
Percent Change in Quantity Demanded = (5,000 - 8,000) / 8,000 * 100%
Percent Change in Quantity Demanded = -37.5%
Next, we need to calculate the percent change in price:
Percent Change in Price = (New Price - Original Price) / Original Price * 100%
Percent Change in Price = (11.00 - 9.00) / 9.00 * 100%
Percent Change in Price = 22.22%
Finally, we can calculate the price elasticity of demand:
Price Elasticity of Demand = (-37.5%) / (22.22%) = -1.68
So, the price elasticity of demand is approximately -1.68, which indicates that the quantity demanded of the t-shirts is relatively price inelastic.
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The apple market is in equilibrium. Suppose we observe that apple growers are using more pesticides to increase apple production. At the same time, we hear that the price of pears, a substitute for apples, is rising.
Which of the following is a reasonable prediction for the new price and quantity of apples?
A. Price rises, but quantity is ambiguous.
B. Price falls, but quantity is ambiguous.
C. Price is ambiguous, but quantity rises.
D. Price is ambiguous, but quantity falls.
E. Both price and quantity are ambiguous.
Price is ambiguous, but quantity rises is a reasonable prediction for the new price and quantity of apples
When a security's price swings over time within a comparatively stable range without obviously demonstrating any trends, it is said to be in a sideways market, often referred to as a sideways drift. Instead, price movement moves in a lateral range or channel without the market being taken over by bulls or bears. Sideways markets often result from price movement between strong levels of support and resistance. It is common for a diagonal trend to predominate the price movement of a particular asset for a while before a new trend higher or lower starts. Since such substantial price changes are nearly never sustained over the longer term, these periods of consolidation are typically necessary throughout long-lasting trends.
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In the context of the balanced scorecard framework, which of the following would most likely be used by an organization to ensure that its operations run smoothly and efficiently?a. Profit and lossb. Utilization of capitalc. Product and service qualityd. Customer satisfaction
In the context of the balanced scorecard framework, the following would most likely be used by an organization to ensure that its operations run smoothly and efficiently Customer satisfaction. option (D) is correct.
Consumer satisfaction estimates how well an organization's item or administration addresses clients' issues. The reasonable scorecard is where it is generally helpful. Different decisions don't make any difference in this situation.
Consumer satisfaction is characterized as an estimation that decides how cheerful clients are with an organization's items, administrations, and capacities. Consumer loyalty data, including reviews and evaluations, can assist an organization in deciding how to best improve or changes its items and administrations.
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(b) Express Investments has evaluated six investments and has the following information about them: PROJECT INITIAL PROFITABILITY IRR OUTLAY (Tsh.) (i) (ii) (iii) A
An investment is an asset or item acquired to generate income or appreciation.
What is the meaning of Investment?A purchase made with the hope of earning income or experiencing capital growth is referred to as an investment. The phrase "appreciation" refers to a rise in an asset's worth over time. When someone invests in a product, they do not intend to use it for immediate consumption but rather as a means of generating money in the future.
Equity and debt are the two basic categories into which investments can be divided. Typically, equity investments are made in a variety of stock options. When you invest in debt, your money is placed in money market instruments.
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A ____ map is a visual representation of the four perspectives of the balanced scorecard that enables managers to communicate their goals so that everyone in the company can understand how their jobs are linked to the overall objectives of the organization. The person who made it was Kaplan and Norton. Shows cause and affect links by which specific improvements creates specific outcomes.
A strategy map is visual representation of four perspectives of balanced scorecard that enables managers to communicate their goals so that everyone in company can understand how their job are linked to objective.
What is a manager?A manager is a person responsible for overseeing and leading a group of individuals in an organization towards achieving a common goal. They are responsible for setting objectives, developing and implementing strategies, delegating tasks, and making decisions that impact the work of their team. Managers also provide support, guidance, and feedback to their team members, and serve as a link between their team and upper management. Additionally, managers are often responsible for ensuring that their team operates within the guidelines and policies set by the organization, and that they are adhering to all applicable laws and regulations. Effective management requires strong communication skills, leadership abilities, problem-solving skills, and the ability to motivate and inspire others.
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which of the following characteristics would make an individual more likely to improve personal characteristics associated with an entrepreneurial mindset?
Here are some possible characteristics that may make an individual more likely to improve personal characteristics associated with an entrepreneurial mindset open-mindedness, self-motivation, and adaptability. Here option D is the correct answer.
Open-mindedness: Open-minded individuals are more likely to be receptive to new ideas and be willing to take risks and try new things. Self-motivation: Individuals who are self-motivated and driven are more likely to be proactive and take the initiative to pursue their goals.
Adaptability: Individuals who are adaptable and able to adjust to change are more likely to be successful in navigating the challenges and uncertainties of starting a new business.
Resilience: Individuals who are resilient and able to bounce back from setbacks are more likely to persist in the face of adversity and overcome obstacles in their entrepreneurial journey.
Complete question:
Which of the following characteristics would make an individual more likely to improve personal characteristics associated with an entrepreneurial mindset?
A - open-mindedness
B - self-motivation
C - adaptability
D - all of these
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a factor that causes overhead costs is called a blank . multiple choice question. predetermined overhead rate manufacturing cost cost object cost driver
As a fact one of the factors that causes overhead costs is cost driver .By identifying the cost drivers for overhead costs, a company can better understand how to control and reduce its overhead expenses.
Overhead costs refer to indirect costs that are not directly tied to the production of a product or the delivery of a service. Examples of overhead costs include rent, utilities, insurance, and property taxes.
A cost driver is a factor that causes overhead costs to increase or decrease. It is an activity or event that triggers an increase or decrease in overhead costs. For example, the number of machine hours used in a factory might be a cost driver for indirect labor costs, while the number of customer orders might be a cost driver for indirect materials costs.
By identifying the cost drivers for overhead costs, a company can better understand how to control and reduce its overhead expenses. This information can be used to make informed decisions about resource allocation, process improvement, and cost containment.
In summary, a cost driver is a factor that drives the amount of overhead costs incurred by a company, and understanding the cost drivers is essential for effective management of overhead costs.
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Raphael and Martina are engaged and are planning to travel to Las Vegas during the 2022 Christmas season and get married around the end of the year. In 2022, Raphael expects to earn $45,900 and Martina expects to earn $16,800. Their employers have deducted the appropriate amount of withholding from their paychecks throughout the year. Neither Raphael nor Martina has any itemized deductions.
Raphael and Martina should get married on December 31, 2019 to save $130
Who has any itemized deductions?
Other common itemized deductions include state income taxes, local income taxes, personal property taxes, and disaster losses. Itemizing most often makes sense for higher-income earners who also have a number of large expenses to deduct.If the amount on Line 12a of last year's Form 1040 ends with a number other than 0, you itemized. If this amount ends with 0, it's likely you took the Standard Deduction. If your return included Schedule A, you itemized.If the value of expenses that you can deduct is more than the standard deduction (as noted above, for the tax year 2023 these are: $13,850 for single and married filing separately, $27,700 for married filing jointly, and $20,800 for heads of households) then you should consider itemizing.To learn more about itemized deductions refers to:
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Which of the following terms refers to a passive, destructive response in which interest and effort in the job decline? A) exit B) loyalty C) voice D) neglect
The correct option is D. forget about phrases seek advice from a passive, destructive reaction to interest and effort in the task decline.
In detrimental testing (or negative physical analysis, DPA) assessments are achieved to the specimen's failure, in an effort to understand a specimen's overall performance or fabric behavior beneath exclusive hundreds. these tests are commonly a lot less complicated to perform, yield extra information, and are less complicated to interpret than nondestructive testing. negative trying out is most suitable, and economic, for gadgets on the way to be mass-produced, as the cost of destroying a small number of specimens is negligible.
It is also not low-cost to do unfavorable testing where best one or only a few objects are to be produced (for example, in the case of a building). analyzing and documenting the unfavorable failure mode is frequently carried out the use of a high-speed digicam recording constantly (movie-loop) till the failure is detected. Detecting the failure may be accomplished using a sound detector or strain gauge which produces a signal to trigger the excessive-pace camera.
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A market-product grid shows the relationship of market segments either to products offered or to ______.
A market-product grid shows the relationship of market segments either to products offered or to potential marketing actions by an organization.
An Ansoff Matrix or a product-market growth grid are other names for a market product grid. It is a technique used by firms to create a growth strategy.
Market product grid takes into account new and existing markets, new and existing goods, and the risks associated with each possible interaction. The most basic market product grid has two axes: the x-axis for goods (both new and current) and the y-axis for markets (new and existing).
To properly use the matrix, business leaders must first determine where the best prospects are given the company's existing situation. Determine how much resources you have at your disposal, as well as your risk tolerance.
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An entrepreneur is designing a sub sandwich shop that would be located on campus. How to define the CAs that you would like to see for the service (not the product) delivered at this location? Then, how to specify some ECs that can be used for measurement of the service?
CA:
1. Fast service
2. Variety of sandwich options
3. Cleanliness of the shop
4. Quality of ingredients
5. Friendly and helpful staff
Who is an entrepreneur ?EC:
1. Average time for customers to receive their order
2. Number of sandwich options available
3. Number of customer complaints about cleanliness
4. Number of customer complaints about ingredient quality
5. Number of customer compliments about staff attitude
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which of the following activities do not characterize an epidemiologic approach managerial epidemiology
The study of cancer incidence in populations distinguishes the observational studies technique in contrast toward the clinical approach.
The estimated global prevalence of the disease (percentage) caused by environmental factors is 25%-33%.
At the moment, the amount of time considered necessary to double population of the planet is approximately 43.
The most rapid effect is obtained through intravenous routes of exposure.
The population at risk refers to individuals in the community who are likely to develop a condition or illness.
The portal of entry through into body, the obtained dosages of the chemical, the exposure period and independent responsiveness all influence the accumulation and toxic effects of a chemical present in the body.
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"Complete question"
Which of the following activities characterizes the epidemiologic approach (as opposed to the clinical approach)?
A. Description of a single individual's symptoms
B. Study of cancer occurrence in populations
C. Treatment of a patient with lung cancer
D. Diagnosis of a disease in a single individual
E. A, C, D
this substance in manufactured drawing or painting media allows particles of pigment to be shaped (for dry media) or suspended in fluid (for liquid media):
This product, made for drawing or painting media, enables the shaping of pigment particles (for dry media) or their suspension in a liquid (for liquid media) Binder.
Some of them, such as tapioca flour, sucrose, lactose, microcrystalline cellulose, polyvinylpyrrolidone, and other starches, are also utilized in the manufacture of tablets for pharmacology. Lactose powder, tapioca starch (cassava flour), sucrose powder, and microcrystalline cellulose are all tablet binders.
In order to provide structural stability, materials are formed into a cohesive whole using a binding agent, also known as a binder. In the process of chemically or mechanically hardening, binding agents bind fibers, filler powder, and other materials together.
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the vals strategy uses questionnaires to measure psychological factors and divide consumers into types.
Using questionnaires, Values and Lifestyles strategy (VALS) researchers measure psychological factors and divide consumers into types.
According to the Values and Lifestyles method of market segmentation, consumers are divided into non-overlapping groups based on their psychographic characteristics. Values and Lifestyles strategy (VALS) stands for VALS.
VALS divides consumer segments into two categories based on two factors: resources and primary motivation (ideas, achievement, and self-expression) (energy, self-confidence, intellectualism, novelty seeking, innovativeness, impulsiveness, leadership, and vanity).
Innovators, Thinkers, Achievers, Experiencers, Believers, Strivers, Makers, and Survivors are the eight current types of VALS.
The marketer then determines how marketing components fit into people's life after classifying people according to their living styles. This viewpoint gives the target customer a three-dimensional perspective.
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CORRECT QUESTION FORMAT IS GIVEN BELOW —-------------
Q. Using _____, Values and Lifestyles (VALS) strategy researchers measure psychological factors and divide consumers into types.
gross domestic product represents the total market value of all .... goods and services legally produced in the economy in one year.
The gross domestic product (GDP) is the total market value of all final goods and services that were produced legally throughout the economy in a given year.
What are final goods?In contrast to intermediate products, which are used to create other things, a final good, also known as a consumer good, is a finished product that is ready for sale and is utilized by the customer to satisfy current wants or requirements.
A bicycle or a microwave oven is a finished commodity, but the components used to make them are intermediate goods.
The total market value of all finished products and services that were lawfully produced in the economy during a given year is known as the gross domestic product.
Only new goods are included when using the phrase "final goods" in estimates of national income and production.
To avoid repeated counting due to the resale of goods, the gross domestic product (GDP) eliminates things measured in an earlier year.
Therefore, the gross domestic product (GDP) is the total market value of all finished goods and services that were produced legally throughout the economy in a given year.
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ABC manufacturing firms wants to meet the excess demand to its products. The firm’s management is concerning three alternative courses of action.
A. Arrange for subcontracting B. Begin overtime production
C. Construct new facilities
The correct choice depends largely on future demand, which may be low, medium or high. Management ranks the respective probabilities as 10%, 50% and 40% to low, medium and high product demand in the future respectively. A cost analysis reveals the effect on profit of each alternative under a given state. This is given in the payoff table below. Based on the given information and Table, which alternative is the viable choice? (5% Shw necessary steps)
Alternatives Profit if Demand is (Birr)
Low (0.1) Medium (0.5) High (0.4)
Arrange for sub contract (A1) 10,000 50,000 50,000
Over time (A2) -20,000 60,000 100,000
New facilities (A3) -150,000 20,000 20,000
The best alternative is to choose overtime production (A2) since it has the highest expected profit.
How to find the expected profitTo determine the expected profit for each alternative, we need to multiply the profit for each demand level by its respective probability and then add them up.
Expected Profit for Alternative A1 = 10,000 * 0.1 + 50,000 * 0.5 + 50,000 * 0.4 = 10,000 + 25,000 + 20,000 = 55,000
Expected Profit for Alternative A2 = -20,000 * 0.1 + 60,000 * 0.5 + 100,000 * 0.4 = -2,000 + 30,000 + 40,000 = 68,000
Expected Profit for Alternative A3 = -150,000 * 0.1 + 20,000 * 0.5 + 20,000 * 0.4 = -15,000 + 10,000 + 8,000 = -7,000
Since Alternative A2 has the highest expected profit of 68,000, it is the viable choice for the ABC manufacturing firm.
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Myca Corp. has a project with the following cash flows. What is the value of the cash flows today assuming an annual interest rate of 9.7 percent? Yearcash Flow 2 3 4 $1,760 2,210 2,535 2,545
The value of the cash flow today assuming an annual interest rate of 9.7 percent $7,118.44. The term cash flow describes the outflow and inflow of money in a business.
A cash flow is a physical or digital transfer of funds. The word cash flow is typically used to represent payments that are anticipated to take place in the future, are therefore unknown, and need to be predicted with cash flows. A cash flow in its restricted sense is a payment, particularly from one banking system account to another. However, it is common to use cash flow in a broader meaning to describe payments made to or received from a firm, enterprise, or financial product. Value, interest rate, and liquidity are only loosely correlated with cash flows. The increased operating cash flow that a company obtains as a result of taking on a new project is known as incremental cash flow. If the project is approved, the company will experience an increase in cash flow, which is known as a positive cash flow. A project should receive funding from an organization if the additional cash flow is positive.
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______ resources are organizational assets that are difficult to identify and account for and are typically embedded in unique routines and practices.
Tacit resources are organizational assets that are difficult to identify and account for and are typically embedded in unique routines and practices.
Tacit resources are intangible assets that are inherent to an organization and are based on the knowledge, skills, and experience of its employees. These resources are not easily transferable to other organizations, as they are often embedded in the day-to-day operations and culture of the organization. Examples of tacit resources include organizational routines, processes, and relationships, as well as the knowledge and expertise of individual employees. Tacit resources can provide organizations with a significant competitive advantage, as they are unique to each organization and can be difficult to imitate. They play a critical role in innovation, problem-solving, and the development of new products and services. However, despite their importance, tacit resources can be difficult to measure and manage.
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