Answer:
False
Explanation:
A buyer persona is really a representation of who your ideal customer would be and what characteristics would he/she have. It doesn't really represent anyone specific, but it is a useful tool for developing marketing strategies. If you can identify and develop your buyer persona properly and accurately, it will help you understand your customers' needs and how to satisfy them.
When you develop your buyer persona, you should try to be as more detailed and specific as possible, but you do not need to create one for every job that someone might have. You generally group buyer personas by their common needs, hobbies or goals, e.g. housewives with small children.
An engineer sketches detailed drawings of the keypad of a new cell phone. What stage in the product development life cycle is this?'
Answer:
Concept stage
Explanation:
The concept design stage is the stage of the design process that comes after the feasibility of the product has bee conducted and options or alternatives have been weighed with a decision and product specification documentation created. The concept stage design is the first design on the product showing the details of the product as contained in the specification documentation.
A special assessment creates a voluntary tax lien if:_______
a. all taxpayers in a taxing district have voted for it.
b. the affected property owners have requested the improvement.
c. a taxing entity initiates the assessment.
d. the improvement to be funded is for the general good.
Answer: the affected property owners have requested the improvement
Explanation:
A voluntary lien is simply a claim that an individual has over another individual's property as security which will be used for debt payment. It should be noted that liens are not attached to the person but the property.
A special assessment creates a voluntary tax lien if the affected property owners have requested the improvement.
Nike provides technical specifications to a subcontractor or local manufacturer for its products. What is this arrangement called and what are its major benefits and drawbacks
Answer:
Explanation:
The defined process is Contract manufacturing agreement .
Contract manufacturing agreement is a process where a client agrees with a manufacturer to design , manufacture according to specified requirements and deliver these goods which the client intends to integrate into his own final products.
Major benefits
It offers expertise skills in the process of production
Cost saving in capital , labor and other costs related to production, budgets are better managed and profit increases
It also gives time to focus on other business related activities
Drawback
Poor manufacturer might be engaged if research was not properly done before engagement . leading to bad products and bad reputation in the market
There is also a risk of potential delay in delivery
Religuard is a pharmaceutical company that has factories in Taiwan. Due to environmental regulations in the country becoming stricter, Religuard has had to shut operations at three of its five manufacturing units. Which of the following forces of change had a role to play in the shutting down of these units?
A. market changes
B. social and political pressures
C. managerial behavior
D. technological advancements
E. demographic characteristics
Answer:
B. social and political pressures
Explanation:
The forces that forced Religuard to shut down most of its manufacturing units are social and political pressures. This is simply forces created by social and political events occurring in the geographical location of the units in question. Some examples of these forces are changes in laws, climate change concerns in the population, protests, etc. In this scenario, the forces affecting the company are changes in environmental regulations.
If purchasing power parity holds, a bushel of rice costs $10 in the US, and the nominal exchange rate is 2 Thai bhat per dollar, what is the price of rice in Thailand
Answer:
20 bhat
Explanation:
Calculation for the price of rice in Thailand
Using this formula
Price=Costs×Nominal exchange rate
Let plug in the formula
Price =$10×2 Thai bhat per dollar
Price =20 bhat
Therefore the price of rice in Thailand will be
20 bhat
You are fortunate to receive multiple job offers after graduating from college. You find the decision-making very difficult, but once you decide on an offer to accept, you notice yourself _______ the job offers that you did not accept.
Answer:
downgrading
Explanation:
It is human nature and mentality to consider the opportunities we have as the best and that we do not have or those declined by us to be of lower value.
Similarly, when a person chooses a job opportunity out of multiple jobs provided to him, he considers his decision to be the best one.
Accordingly the job chosen by him ranks first in order of satisfaction, whereas all other jobs that are not chosen by him shall stand of lower value to him.
Thus, he downgrades all the remaining jobs not chosen, so that his present job stands first and of best satisfaction.
Company ABC operates a nail salon that specializes in artificial nails. It has two primary __________, women who get their nails done infrequently (i.e., once or twice per year), and women who continuously wear fake nails
Answer:
Explanation:
Company ABC operates a nail salon that specializes in artificial nails. It has two primary clients, women who get their nails done infrequently (i.e., once or twice per year), and women who continuously wear fake nails
A _____ is a document used to coordinate all project planning documents and help guide a project's execution and control.
Answer:
a finalized document is a document
A Project management plan is a document used to coordinate all project planning documents and help guide a project's execution and control.
What is meant by Project management plan?A Project management plan is a formal, approved document that defines how the project is executed, monitored, and controlled. It may be a summary or a detailed document and may include baselines, subsidiary management plans, and other planning documents.The project management plan outlines the scope, budget, goals, timeline, and project deliverables. The project management plan should be used as a reference throughout the project to confirm that project management is carried out regularly and in sync with the policies and procedures.A Project management plan is a document used to coordinate all project planning documents and help guide a project's execution and control.
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Higher prices of imported resources will: A. shift the aggregate supply curve to the left B. move the economy downward and to the right along the aggregate demand curve C. make the aggregate demand curve steeper D. shift the aggregate demand curve to the left
Answer:
A. shift the aggregate supply curve to the left
Explanation:
This is because, the higher the prices of imported resources, the higher the quantity supplied while at the same time the quantity purchased would be lower.
A government makes a contribution to its pension plan in the amount of $10,000 for year 1. The actuarially-determined annual required contribution for year 1 was $13,500. The pension plan paid benefits of $8,200 and refunded employee contributions of $800 for year 1. What is the pension expenditure for the general fund for year 1
Answer:
$10,000
Explanation:
Based on the information given we were told that the government contribution to the pension plan was the amount of $10,000 for year 1 which simply means the amount of $10,000 will be the pension expenditure for the general fund for year 1.
Therefore the pension expenditure for the general fund for year 1 will be $10,000.
A redesign of an automobile tire to make it more resistant to punctures would be a/an ____ innovation. radical organic breakthrough incremental
Answer:
Incremental .
Explanation:
A redesign of an automobile tire to make it more resistant to punctures would be an incremental innovation.
Innovation can be defined as a quality possessed by an individual or group of people such as an entrepreneur and typically involves the process of improving on an existing product or ideas.
Generally, an incremental innovation refers to the process of upgrading and strategic improvement made to an organization's product or services, so as to enhance its effectiveness and efficiency.
It is extremely important for a researcher to clearly define the variables in a study because this helps to determine the type of analysis that can be performed on the data. for example, if a researcher wanted to describe countriescountries based on isbn left parenthesis international standard bookisbn (international standard book number right parenthesis group identifiernumber) group identifier, what level of measurement would the variable "isbn group identifierisbn group identifier" be? now suppose the researcher felt that certain countries who were farthercountries who were farther northnorth received higher identifying numbersidentifying numbers. does the level of measurement of the variable change? if so, how?
Answer:
Nominal, ordinal
Explanation:
The ISBN numbers given to countries are nominal data as they function only as identifiers and merely used to tell one country from the other as regards ISBN numbers. Nominal measurements are categorical and are seen as names such as I would name 2 persons person 1 and person 2 respectively. Ordinal values are given with condition such that they are given based on certain order. example the countries are given ISBN numbers based on how farther away they are from the north
Determine how the transaction changes the accounting equation. The company paid cash for supplies from The Office Store. a. Assets - decrease; Assets – increase b. Assets - decrease; Liabilities – decrease c. Assets - decrease; Owner's Equity – decrease Selected: d. Assets - increase; Liabilities – increaseThis answer is incorrect. e. Assets - increase; Owner's Equity – increase f. Liabilities - decrease; Owner's Equity – increase g. Liabilities - increase; Owner's Equity - decrease
Answer:
idk
Explanation:
A Registered Investment Adviser (RIA) is formed as a partnership. The RIA intends to charge an incentive fee that is based on investment performance. Under NASAA rules, the RIA:
Answer:
Explanation:
NASSA rules are set of laws enacted to guide the administration of business and trading activities. Some of the NASAA are protection of vulnerable adults from financial exploitation and guides against unethical practices by investment advisers.
NASSA rules does not forbid RIA from charging an incentive fee based on investment performance, however , it must be able to prove that the fee charged is fair , reasonable and affordable by the customer , in as much as the customer is not being financially exploited.
Answer:
k
Explanation:
Which of the following is NOT an essential element of a contract for the purchase of a one- to four-family residential resale property?a) Competent partiesb) Considerationc) Offer and acceptanced) Earnest money
Answer:
a) Competent parties
Explanation:
This is not an essential element of such a contract because basically we would not expect a minor to be involved in a transaction of a four-family residential resale property.
Remember, competent parties contract requirements are that the two parties in the sale contract should be persons legally and mentally capable of entering into contracts that is enforceable by law.
Based on the following assumptions, calculate the total monthly fixed and variable costs for a company that manufactures cellular phones.
The company produces 2,000 cellular phones a month
Cost to make each cellular phone is $25
A phone Cellular Phones are sold for $130
A phone Monthly Rent for the Building is $15,000
Fixed expenses are $40,000
Answer:
Total monthly fixed and variable costs:
a) Monthly Fixed costs:
Rent for building = $15,000
Fixed expenses = 40,000
Total fixed costs = $55,000
b) Variable costs = $25 per phone
Total phones produced = 2,000
Total variable costs = 2,000 * $25
= $50,000
Explanation:
a) Data:
Quantity of phones per month = 2,000
Variable cost per phone = $25
Selling price per phone = $130
Monthly Rent for building = $15,000
Fixed Expenses = $40,000
b) The company's fixed costs are the expenses that are constant over a period of time. The unit fixed costs varies with the level of production while the total remains constant. Example is the monthly rent for building, which is $15,000. The variable costs are the costs the company incurs which vary according to the level of production or activities. The unit cost remains constant while the total variable costs changes.
Cattle is not an effective form of money. What essential characteristic of money does cattle lack that most makes it ineffective
Answer:
medium of exchange
Explanation:
Cattle is not an effective form of money. Cattle lacks medium of exchange, which makes it ineffective.
Representatives of the apparel, footwear, furniture, and textile industries in many countries are deeply concerned about the impact that increased trade with ________ will have on these sectors.
Answer: China
Explanation:
Trade is simply when goods or services are being transferred from one person to another person, usually with money being exchanged.
Representatives of the apparel, footwear, furniture, and textile industries in many countries are deeply concerned about the impact that increased trade with China will have on these sectors.
Key information providing helpful during an allergic reaction related to product usage can be found on the:
Answer:
"MSDS" seems to be the correct one.
Explanation:
An MSDS seems to be a printed text detailing the chemicals management as well as continuing to work details and techniques. A protection summary table and perhaps a substance safety data sheet may also be widely recognized as those of the paper. The MSDS font is regarded to have been an earlier generation of the product description.In collecting data for nonresidential property analysis, it is helpful to understand the business community that currently exists in the specific area in question. A preliminary approach for ascertaining the number of firms by size, industry, and location is to obtain data from
Answer:
U.S. Bureau of the Census: County Business Pattern
Explanation:
The U.S Bureau of census refers to the department of the federal government i.e held to count the overall population of the country with respect to the size, location, type of industry, sex, age, and other information
Therefore in the given situation, while collecting the data for non-residential, The U.S Bureau of Census of the business pattern is needed so that the data could be obtained
A firm has $200 million in total revenue and explicit costs of $190 million. Suppose its owners have invested $100 million in the company at an opportunity cost of 10 percent interest rate per year. The firm's economic profit is:
Answer:
Zero
Explanation:
Economic profit is total revenue minus total opportunity cost (Explicit and implicit cost). In this problem, implicit cost is the 10% interest from investment of $100 million. Economic profit is $200 million minus explicit cost ($190 million + $10 million = $200 million) which equals zero.
The driver in the car exercise 6 becomes abusive toward you after your recovery. The driver
followers you on your jogs and yells threats at you. He has recently taken to driving very close
to you as you jog. What can you legally do to make him stay away
Answer: Get an Injunction against his activity
Explanation:
An Injunction is a warning or order from a Court of law that prohibits a person from initiating, engaging or continuing to engage in an action that is going against the legal right of another person.
As this driver is infringing on your rights to not be intimidated by another, you can get an injunction from the Courts to compel him to stop his actions of following you around and threatening you.
Punitive damages are: Group of answer choices money damages awarded to punish the defendant for gross and wanton negligence and to deter future wrongdoing. money damages whose amount the parties designate during the formation of a contract for the injured party to collect as recompense upon a specific breach. money damages to recompense for economic losses, or losses stemming from injuries. very small damages awarded to show that the loss suffered was technical rather than actual. pre-established damages for cases where calculating a correct sum is deemed difficult.
Answer:
money damages awarded to punish the defendant for gross and wanton negligence and to deter future wrongdoing.
Explanation:
Punitive damages are money damages awarded to punish the defendant for gross and wanton negligence and to deter future wrongdoing.
In litigations, the amount of money awarded by a court of competent jurisdiction to punish a defendant for a crime committed or such wrongdoings (gross and wanton negligence) and by extension serves as a deterrence to others is known as a punitive damage.
Answer:
money damages awarded to punish the defendant for gross and wanton negligence and to deter future wrongdoing.Explanation:
Benefits offered to encourage people to make a specific economic decision
are called
A. scarcity
B. trade-offs
O c. opportunity costs
O D. incentives
Answer:
D. incentives
Explanation:
Answer:
D. Incentives
Explanation:
Incentives are benefits that help motivate others to make a specific economic decision.
Incentives will give someone unique opportunities from the specific decision that one is making.
Like the CISSP, the SSCP certification is more applicable to the security__________ than to the security __________.
A) technician, manager
B) manager, engineer
C) manager, technician
D) technician, executive
Like the CISSP, the SSCP certification is more applicable to the security manager than to the security technician. Thus, option C is correct.
What is the role of security manager?Security managers are responsible for managing all aspects of a company's asset protection, including employee and customer safety, inventory loss prevention, and theft prevention. These experts create and implement security standards and make sure that all employees of the organization abide by them.
As a security manager, you can be in charge of employing security personnel and managing a budget for security activities. Security managers may work in government agencies, privately owned companies, corporations, or retail establishments. Typically, experience and reputation within an organization allow security professionals to advance to the position of security manager. One day, a security manager may decide to start their own security business. In most cases, a high school diploma or GED is a minimum requirement.
Therefore, we can conclude that option C is correct.
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Janice works for a pet store where everyone is committed to the happiness of the animals. Often employees, bosses and hourly workers alike, come into the store "off the clock" and spend time training the animals. Everyone loves the store, the animals, and their jobs. This attitude of her coworkers inspires Janice to do her best. Based on this information, we can say that Janice is experiencing the effects of ________. centralization high departmentalization organizational climate high work specialization high formalization
Answer: Organizational climate
Explanation:
It is often said that humans are a product of their surroundings which means that humans are more likely to act as the people they are constantly surrounded by do.
This is no different in the business world. The Organizational Climate refers to the way employees in a firm think that firm behaves or would like them to behave. In the case of Janice, the climate is most probably that of dedication and love for the job so Janice emulates this and puts it into her work ethic as well.
A lessee with an operating lease should amortize the leased asset over the:_____
a. none of these are true
b. life of the asset or the term of the lease, whichever is shorter
c. life of the asset or the term of the lease, whichever is longer term of the lease
Answer:
A
Explanation:
A lessee is the party that pays for the use of a leased asset under a leasing arrangement.
One major difference between the finance and operating lease is that while the lessee carry the leased asset as an asset in its book under the finance lease , the operating lease does not permit that , but it only record the lease obligation as an expenses in its income statement . To this effect , the lease agreement with an operating lease does not allows either depreciating or amortizing the leased asset
A broker only shows homes in certain neighborhoods based on matching existing residents with similar potential buyers. This broker is guilty of what prohibited activity?
Answer: Steering
Explanation;
Steering is a prohibited activity that involves the showcasing of houses depending on the people who want to buy the house by showing them only houses in certain neighborhoods based on certain characteristics such as race or gender.
It is prohibited as people have the right to buy houses wherever they please and should be given the opportunity to do so by being shown all available houses.
"Rule 105 of Regulation M, covering transactions that occur in the secondary market during the 20-day cooling off period for "add on" securities offerings, requires that any short sales of the issue that occur:"
Answer: B. I and IV
Explanation:
Here is the completed part of the question:
I that occur 5 business days prior to the effective date
II that occur 20 business days prior to the effective date
III can only be effected on an upbid
IV cannot be covered by purchasing the issue from the syndicate
A. I and III
B. I and IV
C. II and III
D. II and IV
The Rule 105 of the Security Exchange Commission Regulation M covers the activities in the secondary market that are related to the public offerings they have been registered and also limits syndicate members purchasing securities during the 20 days cooling off period.
Therefore, Rule 105 of Regulation M, covering transactions that occur in the secondary market during the 20-day cooling off period for "add on" securities offerings, requires that any short sales of the issue that occur 5 business days prior to the effective date and cannot be covered by purchasing the issue from the syndicate
An economy that has the lowest opportunity cost for producing a particular good is said to have a(n): A. absolute advantage. B. comparative advantage. C. production possibilities curve. D. increasing opportunity cost. E. free-trade zone.
Answer:
B. comparative advantage
Explanation:
A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries.
For example, country A produces 20 kg of beans and 5kg of rice. Country B produces 5kg of beans and 20kg of rice.
for country A,
opportunity cost of producing beans = 5/20 = 0.25
opportunity cost of producing rice = 20/5 = 4
for country B,
opportunity cost of producing rice = 5/20 = 0.25
opportunity cost of producing beans = 20/5 = 4
Country A has a comparative advantage in the production of beans and country B has a comparative advantage in the production of rice