when a business's own new product or new chain is stealing customers and sales from its older, existing products it is known as cannibalization.
Cannibalization of the market refers to a drop in effective collaborative on by a corporation introducing a new product that replaces one of its own older goods. Despite a growth in sales for new product, the commoditization of the company's existing products results for no increase in market share. When a new product is comparable to an old product and both have the same target market, market commoditization may take place. Cannibalism can also happen when a chain store or fast food establishment experiences a decline in business as a of a new location with the same brand setting up close by. The percentage of loss of sales for older items relative to new sales, or the cannibalization rate, is used to assess the level of market cannibalization.
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paril is an employee at a clothing retail store. naveed shops at a local hardware store. barb has stock in a college textbook distributor. what do these people have in common?
Answer:they all owners
Explanation:
suppose that a country that has a high average wage level agrees to trade with a country that has a low average wage level. which country can benefit?
Both countries can potentially benefit from trade with each other, even if there is a difference in average wage levels.
The country with the high average wage level can benefit from access to low-cost goods and services produced in the other country, which can lower the cost of living for its citizens. This country may also be able to sell its own high-value goods and services to the other country, which can create jobs and increase economic growth. The country with the low average wage level can benefit from increased demand for its goods and services, which can create jobs and increase economic growth. This country may also be able to purchase higher-value goods and services from the other country, which can improve the standard of living for its citizens. Ultimately, the benefits of trade between two countries will depend on many factors, including the nature of the goods and services traded, the relative competitiveness of the two countries, and the terms of trade agreed between them. However, in general, trade between two countries with different average wage levels can provide benefits for both countries, by allowing each to specialize in what it does best and to access goods and services that it cannot produce itself.
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the cost of goods that were finished and transferred out of work-in-process during the current period is:
The answer is Cost of goods manufactured, The cost of goods that were finished and transferred out of work-in-process during the current period is: Cost of goods manufactured.
What is a fundamental definition of manufacturing?Manufacturing is the process of creating goods by hand or machine with the aim of selling them to customers once they are complete. As manufacturing inputs, raw materials or individual components of a larger product may be employed. Manufacturing frequently happens on a large-scale production line using tools and knowledgeable workers.
Defining the manufacturing industryAn introduction of manufacturing technology and its effects on society, people, and the environment are covered in the course Introduction to Production, which focuses on how people use modern manufacturing systems.
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the sponsor of your project wants to look at the work performance measurements. which process should you run to get this information?
To get information on work performance measurements, you can run a process called Key Performance Indicator (KPI) analysis.
This process involves identifying, tracking and analyzing specific, quantifiable metrics that are important to the success of your project. The KPIs will depend on the goals and objectives of the project, as well as the industry and sector in which the project is operating. Once the KPIs are identified, data can be collected and analyzed to measure performance against the established targets and identify any areas where improvements can be made.
Project management software: Many project management tools have built-in performance tracking features, such as Gantt charts, which can help you track progress and identify areas that need improvement.
Key Performance Indicators (KPIs): These are specific, measurable values that you can use to track the success of your project. KPIs can include things like on-time delivery, cost efficiency, and customer satisfaction.
Status reports: Regular status reports can provide a comprehensive overview of the project's progress and highlight any issues that need to be addressed.
Performance reviews: One-on-one meetings with team members can help you assess individual performance and identify areas for improvement.
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a decrease in reserve requirements could lead to an: multiple choice increase in bank lending. increase in the money supply. increase in the discount rate. increase in bank lending and an increase in the money supply. increase in bank lending and an increase in the discount rate.
Reduced reserve requirements can result in more bank lending and an expansion of the money supply.
When individuals or institutions, like banks, lend you money, you commit to repay it at a later time, frequently with additional money as interest.
As a result, lending isn't as horrible as one may think. In actuality, it is essential for economic expansion and general prosperity.
It serves as a significant means of corporate expansion for many corporations and a tool for the governments of the world to promote economic development.
Personal Loans: The majority of banks provide personal loans to their clients, who can utilise the funds for any purpose.
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which sources of funding are risks that may cause entrepreneurs to lose some of their personal money? more than one answer may be correct.
Entrepreneurs are subject to a variety of risks, including those related to insolvency, finances, competition, the environment, reputation, politics, and the economy.
Who is an entrepreneur, exactly?
An entrepreneur is someone who starts a new business, takes the biggest risks, and reaps the biggest benefits. Starting a business is an act of entrepreneurship.
In general, people think of entrepreneurs as creators of novel concepts, goods, services, and companies/processes.
Entrepreneurs must make sensible financial plans and demonstrate to investors their willingness to take risks by developing a realistic business strategy.
What does business risk entail?
Risk is the possibility that something negative will occur, to put it simply. Risk is frequently concerned with unfavourable and unwanted consequences and involves the uncertainty of how an action will affect what others value.
Business risk is the possibility that a business or organisation may be exposed to elements that will lower their earnings or lead to its demise. A business risk is anything that compromises a company's capacity to meet its financial objectives.
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how much must be saved for retirement to withdraw $100,000 per year for the next 25 years? assume the balance earns 8% annually, and the first payment occurs one year from now.
The withdraw $1.56 million the balance earns 8% annually, and the first payment occurs one year from now.
To determine how much money must be saved for retirement to withdraw $100,000 annually for 25 years with an 8% return, the future value formula can be used. This formula calculates the balance that a future investment will be worth, taking into account the time value of money. The formula for future value is FV = PV * (1 + r)^n, where PV is the present value, r is the annual interest rate, and n is the number of years. To solve for PV, we can rearrange the formula to PV = FV / (1 + r)^n. Substituting the given values, we find that PV = $100,000 / (1 + 0.08)^25, which is approximately $1.56 million. This balance that an individual must have $1.56 million saved in order to withdraw $100,000 annually for 25 years at an 8% annual return.
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what two outcomes result from effective market segmentation? multiple select question. developing a persuasive argument assessing the competition identifying specific marketing mix actions forming meaningful groupings
Proper market segmentation produces meaningful classifications of certain marketing mix activities.
A marketing mix is a thorough marketing strategy that emphasises several different things. The four Ps, which originally stood for product, pricing, placement, and promotion, are widely referenced in this expression. Instead of focusing solely on one theme, effective marketing addresses a variety of topics. Marketing teams are better positioned to concentrate on the items that are actually essential by remembering the four Ps, which makes it easier to relate with more people. The marketing mix is the use of a marketing strategy that mixes a variety of factors in order to strengthen and consolidate a product's brand and to help in the selling of the good or service.
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f a lease modification substantially lengthens the amount of time the lessee has the right to use an asset, it is possible that the lessee might need to switch its lease classification from to .
A lease modification that significantly extends the lessee's right to use an asset may cause a change in the lease classification from an operating lease to a capital lease.
This is because a capital lease is a type of lease where the lessee has the right to use an asset for a substantial portion of the asset's economic life, while an operating lease is a type of lease where the lessee only has the right to use an asset for a limited period of time. A capital lease is accounted for as a purchase on the lessee's balance sheet, while an operating lease is recorded as a rental expense on the lessee's income statement.
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Place the operating cycle for a merchandiser in the correct order.
(a) cash purchase of merchandise
(b) inventory for sale
(c) credit sales
(d) accounts receivable
(e) receipt of cash from credit sales
The steps of a merchandiser's operational cycle, in the correct order, are: (a) cash purchase of goods (b) inventory for sale (c) credit sales (d) accounts receivable (e) cash receipt from credit sales
What is a merchandiser's operational cycle?A merchandising company's standard operational cycle begins with cash on hand, is followed by inventory purchases, product sales to clients, and payment collection from those customers. Product purchases, inventory building, and cash sales make up the operating phases of a merchandiser who only accepts cash payments.
What actions are included in the marketing process?The process of marketing product and service sales to keep and grow customer activity in a retail context is known as merchandising. Marketing's main goal is to increase consumer spending in order to lower the amount of stock that retail companies are keeping on hand.
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economists use the term money to refer to: assets used for transactions. earnings from labor. income. profits.
Economists use the term money to refer to assets used for transactions.
Money is any object or means of trade that is accepted by consumers to pay for products and services and to cover debt repayment. The world functions because of money. Money is necessary for economies to function and to fuel financial expansion. Economists are often the ones who define money, where it comes from, and how much it is worth.
Commodity money is a class of product that serves as money. For instance, American colonists conducted business with dried maize and beaver pelts in the 17th and early 18th centuries. These commodities were used to buy and sell other products because they had commonly recognised worth.
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Mark applies for a credit card using someone else's name and Social Security number. What type of fraud is this? • A. Securities fraud • B. Insurance fraud C. Identity theft D. Tax fraud
C. Identity theft. Mark's actions of using someone else's name and Social Security number to apply for a credit card constitute identity theft.
What is Identity theft?
Credit card constitute identity theft is a type of fraud involving the unauthorized use of someone's personal information for fraudulent purposes. Securities fraud, insurance fraud, and tax fraud are different types of fraud that involve illegal activities in specific domains such as financial securities, insurance, and taxation, respectively, and are not applicable in this scenario. Identity theft is a serious crime that can result in financial loss and harm to the victim, and it is important to take steps to protect personal information and report any suspected cases of identity theft to the appropriate authorities.
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what is the metric that companies use as its primary focus for growth?
When determining if your income surpasses your operating expenses, you can use the net profit margin to anticipate long-term business growth. How to gauge: Take into account all of your sales expenses when calculating your monthly income.
What qualifies as a key business metric?A key metric, also referred to as a key performance indicator, or KPI, is a statistic that, by virtue of its significance, reveals the general wellbeing and performance of an organization or department. Key performance indicators, or KPIs, are crucial measures linked to time-sensitive objectives.
This indicator is determined by dividing the cost of sales and marketing efforts by the volume of completely new clients attracted over a specific time frame. Businesses can learn more about the success of their marketing and sales operations by examining the expenses of customer acquisition, which also offers recommendations for improvement.
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t explain, with examples, how the american economy includes elements of traditional, command, and market economic systems.
The American economy is a blend of the traditional, command, and market economic systems. People who work and live on farms still uphold tradition and ancient customs, which contributes to the traditional nature of the American economy.
Because the government makes decisions regarding public goods like roads, bridges, key buildings, and other infrastructure, this economy is also governed.
But because of the free market and private property ownership, we can claim that the American economy is mostly driven by the market.
The U.S. features a mixed economy, which includes aspects of the command and market economic models, and was established by the United States Constitution.
The American economy functions as a free market in terms of consumer goods and commercial services.
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given the d2 demand curve for papayas, at a price of $2.00 each, how many papayas are consumers willing and able to purchase?
The demand curve represents the relationship between the price of a good and the quantity of the good that consumers are willing and able to purchase.
The specific demand curve for papayas will depend on many factors, such as the availability of substitute goods, consumers' income and tastes, and other economic and non-economic factors. At a price of $2.00 per papaya, the quantity of papayas that consumers are willing and able to purchase can be determined from the demand curve. If the demand curve is downward sloping, it means that as the price of papayas increases, the quantity demanded will decrease and vice versa. The precise quantity of papayas demanded at a price of $2.00 will depend on the shape of the demand curve and the position of the demand curve in relation to the origin. In general, the demand curve can shift to the right if there is an increase in consumer income, a change in taste, or an increase in the population, which would lead to an increase in the quantity demanded at every price. On the other hand, the demand curve can shift to the left if there is a decrease in consumer income, a change in taste, or an increase in the price of substitute goods, which would lead to a decrease in the quantity demanded at every price. In conclusion, the precise quantity of papayas demanded at a price of $2.00 can only be determined by looking at the demand curve for papayas, which would depend on various economic and non-economic factors.
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what theory adds insight into corporate decisions that result in death, such as the current opioid crisis gripping the united states?
One theoretical framework that sheds light on corporate decisions that lead to harm and death is the concept of "Corporate Social Responsibility" (CSR). C
SR suggests that corporations have a moral obligation to consider the social and environmental consequences of their actions and to balance the pursuit of profits with the well-being of society and the environment.
In the context of the opioid crisis in the United States, some would argue that pharmaceutical companies prioritized profits over the well-being of society by aggressively marketing opioid painkillers, downplaying their addictive potential, and lobbying against regulations that could have prevented the over-prescription and abuse of these drugs. This behavior could be seen as a failure of corporate social responsibility.
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a publisher for a promising new novel figures fixed costs at $40,077 and variable costs at $2.81 for each book produced. if the book is sold to the distributors for $13 each, how many books must be produced and sold for the publisher to break even?
The publisher must produce and sell 14,253 books in order to break even.
This can be calculated using the following formula:
Break Even Point (in units) = Fixed Costs / (Price - Variable Costs)Break Even Point (in units) = 40,077 / (13 - 2.81)Break Even Point (in units) = 14,253In order for the publisher to break even on a promising new novel, they must produce and sell 14,253 books. This will allow them to cover their fixed costs of $40,077 and their variable costs of $2.81 per book. By selling the books to distributors for $13 each, they will be able to break even and have no profit or loss.
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zoning is an exercise of which type of general limitation on property rights? group of answer choices
zoning is an exercise of police power type of general limitation on property rights.
Zoning refers to governmental or local rules or rules that outline the approved and banned uses of housing market in specified geographical area. City rules, for instance, might regulate the business or industrial use of lands to stop the establishment of oil, factory, or other companies in residential areas. Zones gives local administrations the authority to decide whether regions within local borders may contain estate or acreage utilised for specific purposes. Local governments have the authority to alter zoning regulations as long as they comply with applicable federal and state laws and they might decide to rezone a single piece of land.
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Imagine that you have no money and you have to leave home and live by yourself. Make a list of the ten most important things that you would take with you and explain why.
Answer:
food clothes water
Explanation:
their the basic needs of an individual
what are current assets? multiple choice question. assets that will be used up or converted to cash within 12 months assets that will be used for many years assets that must be paid for within 12 months any assets that were purchased for cash
current assets that will be used up or converted to cash within 12 months .
All assets possessed by the company that can be turned into cash within a year are recorded in the Current Assets account, which is a line item on the balance sheet under the Assets heading. Current assets are items whose value is shown in the Current Assets account. The balance of a company's assets that can be liquidated, used, or sold for cash within a year is shown in the current assets account on the balance sheet.
Cash, cash equivalents, receivables, stock inventory, marketable securities, pre-paid liabilities, and other liquid assets are examples of current assets.
Because it shows a company's ability to fulfill its short-term obligations and short-term liquidity, the Current Assets account is significant.
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how does whether a bank reorders transactions impact the cost of overdraft fees?
Whether a bank reorders transactions can greatly impact the cost of overdraft fees. When a bank reorders transactions, it processes the largest transactions first and then the smaller transactions.
This can result in more overdraft fees because even if there is enough money in the account to cover the smaller transactions, the account may appear to be overdrawn due to the larger transactions being processed first. As a result, the smaller transactions may incur overdraft fees, even though there would have been sufficient funds to cover them if the transactions had been processed in the order in which they were made. On the other hand, if a bank processes transactions in the order in which they were made, then it may reduce the number of overdraft fees because the smaller transactions would be processed first and would not result in overdraft fees. This is why it is important for consumers to understand their bank's policy regarding transaction processing and overdraft fees, so they can make informed decisions about how to manage their finances. Additionally, some banks may offer overdraft protection services or allow consumers to opt-in to overdraft protection, which can help reduce the number of overdraft fees.
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While advertising depicting women in subservient roles has improved, there are some product categories where it still exists. This includes ads for:________
Although the representation of women in submissive roles in advertising has improved, it still occurs in particular product categories. advertisements for gender-biased advertising are included.
One such example is household cleaning products, where women are frequently portrayed as primary caregivers who are responsible for cleaning the home and keeping it organized.
Another example is personal care and beauty products, where women are often depicted as seeking to improve their physical appearance and conform to societal beauty standards. In these ads, women are often portrayed in submissive and passive roles, emphasizing traditional gender roles and perpetuating gender stereotypes.
Additionally, advertisements for alcoholic beverages frequently depict women as objects of desire, either as objects of affection for men or as objects to be ogled. In these advertisements, women are frequently shown in provocative and sexualized poses, perpetuating harmful and reductive stereotypes of women.
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What is the process called in which marketers examine raw data to discover trends, answer questions, and gain insights in order to make evidence-based decisions?
Data analytics (DA) is the process of examining data sets in order to find trends and draw conclusions about the information they contain. Increasingly, data analytics is done with the aid of specialized systems and software.
Data mining is a process used by companies to turn raw data into useful information. By using software to look for patterns in large batches of data, businesses can learn more about their customers to develop more effective marketing strategies, increase sales and decrease costs.
The marketing research process focuses on collecting insights from your target audience, such as their opinions and attitudes that would help you evaluate current products, services, or test concepts aimed at improving them. It can also gauge customer perceptions about your company.
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Which bank service would typically offer the highest interest rate? A. Checking account. B. Basic savings account. C. Money market account
All beginning investors typically start with savings accounts as their first investment. The best candidates for a savings account are people with a regular source of income, such as a salary or any other type of income.
One can start off on the path to saves and gradually expand their investment portfolio with the help of this type of account, which has a wealth of advantages. The majority of banks in India provide a variety of Savings Account options, each of which is created to meet the demands of a distinct sort of clientele. The question of whether to choose a bank or a credit union when opening your financial accounts may cross your mind. In terms of convenience, the two are no longer that different, especially if the credit is available.
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low p/e ratios tend to indicate that a company will , ceteris paribus. a. grow quickly b. grow at the same speed as the average company c. grow slowly d. p/e ratios are unrelated to growth. e. none of the options
The correct OPTION A Low p/e ratios tend to indicate that a company will grow quickly, ceteris paribus. Low Prices and Profits Value stocks are a common term used to describe ratio firms. Their stock prices trade below their fundamentals, which indicates that they are undervalued.
Investors will purchase the stock as a result of this mispricing in order to take advantage of the fantastic deal before the market corrects it. The P/E ratio, or price to earnings ratio, demonstrates what the market is ready to pay now for a stock based on its current or projected earnings. A high P/E ratio could indicate that a stock is overvalued and its price is excessive in relation to its earnings.
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a company manufactures industrial ladders. an employee is concerned that consumers who do not understand ladder safety will purchase these extra-tall ladders and injure themselves. assuming the ladders are not changing, during which phase of the strategic marketing planning process should this issue be addressed?
a company manufactures industrial ladders. an employee is concerned that consumers who do not understand ladder safety will purchase these extra-tall ladders and injure themselves. assuming the ladders are not changing, during which phase of the strategic marketing planning process should implementation be addressed.
During the third phase, which includes the process of implementation and the completion of the design work, the project strategy will be put into action. It is essential to maintain autonomy and interact when necessary throughout implementation. Development is constantly monitored, and any necessary adjustments are made and reported as deviations from the initial plan. Throughout the project application, employees carry out the responsibilities, and information regarding advancement is shared during regular team conferences. By comparing the development results to the implementation plan in order to calculate the project activity presentation and take the necessary action, the project manager asserts that he or she can maintain control over the majority of the project path.
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why is the competitive rivalry in the industry so strong between the two dominant players for the whole industry: pepsico and coca-cola? what are the conditions that have prevented these two firms from not being such direct competitors?
Since both brands joined the market at the end of the 19th century and since then, they have experienced commercial plateaus with consumers, the rivalry between Coca-Cola and Pepsi dates back to that time. Some typical entrance barriers are high switching costs.
Great brand recognition, strong patent protections, special tax incentives for established enterprises, and special brand incentives. The requirement for new businesses to get licences or regulatory clearance prior to operation is another market barrier. The impediments or barriers that make it difficult for new businesses to enter a specific brands are known as barriers to entry. Technology obstacles, legal restrictions, patents, startup expenses, and educational and licencing requirements are a few examples of these.
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what you call the amount a business receives from the sale of an item of merchandise.
The term for the amount a business receives from the sale of an item of merchandise is "Revenue".
The amount a business receives from the sale of an item of merchandise is commonly referred to as revenue.
This amount is recorded in the business's financial records and represents the value of the goods or services sold.
It is an important measure of a company's financial performance and is typically used in financial statements such as the income statement to show how much the business has earned from its sales activities during a specific period of time.
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What does the Ricardian model predict?
The Ricardian model is an economic model that predicts patterns of international trade and specialization based on differences in relative labor productivity between countries.
Specifically, the model predicts that countries will specialize in producing and exporting goods in which they have a comparative advantage, meaning they can produce them at a lower opportunity cost than other countries. This allows countries to consume a larger basket of goods than they could produce on their own.
In the Ricardian model, the relative productivity of labor is the only source of differences in comparative advantage between countries. Other factors that could influence trade, such as transportation costs or differences in factor endowments, are assumed to be equal across countries.
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unit materials state several reasons for ensuring that technical communication is honest. the first is that it is the right thing to do. what is one other reason?
Another reason for ensuring that technical communication is honest is that it builds trust and credibility with the audience.
When technical communication is transparent and accurate, it creates a sense of reliability and trust in the information being presented. This is especially important when making important decisions or taking action based on the information being communicated.
Honest technical communication helps to establish a reputation for honesty and expertise, which can be valuable in building relationships and gaining the trust of others in both personal and professional settings.
Inaccurate or misleading information can quickly undermine the credibility of the communicator and the information being presented.
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