: [tex] \implies[/tex] A group of buyers and sellers of a particular good or service is called market
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Additional information :- The market are a place where two parties can gather, which will facilitate the exchange of goods and services. The parties that are involved are usually the buyers and sellers. A market is a physical form like a retail outlet, where the sellers and buyers can meet face-to-face, or in a virtual form like an online market, where there is an absence of direct physical contact between the buyers and sellers.‘Market’ is a term used in many instances like the securities market or the normal physical market where the people come together for the procedure of buying and selling.The market is introduced as a structure that is for the societal benefit of the society. The market structure consists of various forms of market, the forms are characterized according to the nature and the degree of competition that exists in the market for the goods and services. The structure of the market both for the goods market and the service or the factor market is to be judged by the nature of competition that is prevailing in a particular type of market.The Market form is a state that is resultant for the quality or the effectiveness of market competition that is prevailing in the market.▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
Hope it's helps :)
What kind of economy was host to self-sufficient colonists who produced everything that they needed at home
The kind of economy that hosted self-sufficient colonists who produced everything that they needed at home is Agricultural Economy.
What is an agricultural economy?An agricultural economy concentrates on the production of food items. The main activities in an agricultural economy is farming, fishing, and animal husbandry. Some agricultural economies engage in producing lumber.
Thus, the kind of economy that hosted self-sufficient colonists who produced everything that they needed at home is an Agricultural Economy.
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The processes an organization uses to evaluate and make decisions on the basis of right and wrong are collectively called the ______.
The process where an organization determine a decision whether right or wrong is called : Business ethics
What is business ethics?Business ethics are moral principles that guide the way a business conduct its business. This same business ethics principles determine an individual's actions and also apply to business dealings on a day to day basis..
Business ethics applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations.
Therefore, the processes an organization uses to evaluate and make decisions on the basis of right and wrong are collectively called business ethics.
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A recent zoning amendment has changed the area zoning from commercial to residential. All of the commercial buildings within the area will now
If buildings are rezoned from commercial to residential then the commercial buildings will have to stop offering commercial services.
What is zoning?Refers to the classification of areas in the city for different purposes. Residential and commercial uses are the largest classifications.If a place is changed from commercial to residential, it means that commercial activities can no longer hold there so the commercial buildings will have to stop offering such services.
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One challenge faced by organizations is the need to focus on consumer needs while also ________ the interests of countless other people, groups, and forces that interact to shape the nature of its actions.
One challenge faced by organizations is the need to focus on consumer needs while also striking a balance among the interests of countless other people, groups, and forces that interact to shape the nature of their actions.
What does it mean to strike a balance?It is to have equal importance, it is a condition in which different things occurring have an equal or proper amount of importance.
An organization striking a balance is trying to do everything possible to meet people's demands and also overcoming various challenges that may want to influence it.
Therefore, One challenge faced by organizations is the need to focus on consumer needs while also striking a balance among the interests of countless other people, groups, and forces that interact to shape the nature of their actions.
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Indicating when and how written and oral reports will be provided by the team, how team members will coordinate work, what messages will be sent to announce the project to interested parties, and what kinds of information will be shared with vendors and external contractors involved with the project describes: A. developing a Statement of Work B. determining project standards and procedures C. developing a communication plan D. setting a Baseline Project Plan
Answer:
hi yo Wassup
Explanation:
hi and should be therw see ya. did you know the song woman? by doja cat
Firms that provide very different products to solve the same problem or satisfy the same basic customer need are referred to as _____ competitors.
Answer:
Indirect Competitors.
Explanation:
Indirect competitors are competitors that sell different products that compete for the same customers. i.e they target the same clients/customer in the market but offer different product or services.
Tia is going to carry a large piece of scrap metal to the dumpster. It's heavy and
has sharp edges. What PPE should she use to keep herself safe?
She needs a full complement of personal protective equipment, or PPE, for workers in a scrap metal facility. This includes protective eyewear, footwear, helmets, and gloves.
Personal protective equipmentPersonal protective equipment is the equipment that is used to protect us from harm or danger.
They are an important part of the costume in manufacturing industries and even in our homes.
For Tia that is going to carry a large piece of scrap metal to the dumpster, she needs a full complement of personal protective equipment, or PPE, for workers in a scrap metal facility. This includes protective eyewear, footwear, helmets, and gloves.
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The ____________ model of agenda setting focuses on the role of leaders in business, finance, media, and government.
The marketing department, finance department, human resources department, and information systems department all operate at the ______ level of an organization. Multiple choice question. corporate functional director SBU
The marketing department, finance department, human resources
department all operate at the functional level of an organization.
What is Functional level?This level determines the daily operations of the various departments in
an organization. Examples include:
StrategyMarketingFinanceHuman ResourcesThey are involved in execution of strategies which is why functional level
is the most appropriate choice.
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Assume that the marginal propensity to consume is 0.90. As a result of an increase in the tax rates, the government collects an additional $20 million. What will be the impact on gross domestic product (GDP)
The impact on gross domestic product (GDP) is: GDP will decrease by a maximum of $180 million.
Gross domestic product (GDP):First step:
rGDP = (MPC/MPS)change in taxes
Where:
MPC = .90
MPS = .10
rGDP = (MPC/MPS)change in taxes
rGDP=.90/.10
rGDP=9
Second step:
Gross domestic product (GDP)= (9)20 million
Gross domestic product (GDP)= 180 million (Decrease)
Inconclusion the impact on gross domestic product (GDP) is: GDP will decrease by a maximum of $180 million.
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AnMPC = .90
MPS = .10
rGDP = （MPC/MPS）税收变化
rGDP=.90/.10
rGDP=9swer:
Explanation:
Electrum Electronics is planning its annual company sales meeting. The team in charge of the planning consists of members from several different offices. They need to have a conversation about creating the agenda for the sales meeting. Which communication channel should they use?
The best channel to be use is a conference call since the company need to have a conversation about creating the agenda for the sales meeting.
What is a communication channel?A communication channel refers to a various medium of information through which you can send a message are sent to the intended audience.
In conclusion, since the company need to have a conversation about creating the agenda for the sales meeting, the best channel to be use is a conference call
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Using the acronym ROTTEN, explain in a few sentences a situation that
a
could have resulted in the increase of supply of iPhones. I
Answer:
if the supply increases, it could mean that the resources to make Iphones are increased. If there is an abundance of the computer chips Apple uses to make the iphones, the price of the chip lowers , which in turn lowers the cost to make an iphone.
Explanation:
When and where were the first vending machines introduced in the united states?.
Which Diagram best illustrates the effects of economic growth on a business?
Answer: Economic growth increases Productivity increases
Explanation: I like nachos
________ is a movement to increase the influence, power, and rights of consumers in dealing with institutions.
Consumerism is the movement to increase the influence, power, and rights of consumers in dealing with institutions that supply them with services and goods.
What is consumerism?Consumerism is a concept that ensures that the consumption of goods and services is increased for the welfare and happiness of individuals.
Consumerism, as a social movement, ensures that consumers are protected from the excessive and exploitative tendencies of suppliers of goods and services. It maintains that goods and services should meet some requisite qualities at affordable prices.
Thus, at the heart of increasing the influence, power, and rights of consumers in dealing with institutions is consumerism.
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Ken deposits $200 in a savings account with a 1% interest rate per year. If ken makes no other deposit in this account, approximately how much interest will he earn in 5 years?.
Based on the amount Ken deposited, the period of compounding, and the interest, the interest earned would be $10.20.
Account balance in 5 yearsThis can be found as:
= Amount x (1 + rate) ^ number of periods
= 200 x (1 + 1%)⁵
= $210.20
Interest earned= Balance after 5 years - Amount invested
= 210.20 - 200
= $10.20
In conclusion, the interest was $10.20
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Business marketing fundamentally differs from consumer marketing in which way?.
The primary difference between the two is that c.Business marketing involves buyers who intend to resell the product or use it in the creation of other products.
What is business marketing?It involves selling goods and services to other businesses. Goods sold are often in large volume as they will be used in further production.The marketing here will therefore be more personalized than consumer marketing as marketers go to individual companies and try to convince them to buy from them or sell to them.
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A country whose consumers are less likely to purchase nonessential products because they have a low per-capita income is considered to be ______.
It should be noted that a country whose consumers are less likely to purchase nonessential products because they have a low per-capita income is considered to be Less developed country.
What is a Less developed country?Less developed country can be regarded as this countries that have low per-capita income.
Most of the time , their consumers are less likely to purchase nonessential products.
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6. You are either only a natural saver or a natural spender. You cannot have a balance of
both.
True
False
_____ are critical for capturing sales data, and are usually linked to systems which manager a firm's inventory.
Answer:
point-of-sale systems
are critical for capturing sales data, and are usually linked to systems which manager a firm's inventory.
Businesspeople are often confronted with ethical decisions. When they distinguish between right and wrong decisions in a business setting it is called ______. Multiple choice question. firm business marketing ethics business ethics conscious domain
The process of distinguishing between right and wrong decisions in a business setting is called business ethics.
What is business ethics?Business ethics are the moral principles and standards that act as guidelines for the way a business conducts its business transactions with outside world. It is a practice that determines what is right, wrong, and appropriate in the workplace.
Business ethics is important because it help ensure a good reputation for a company. This means that the company would have a good image in the society.
Therefore, the process of distinguishing between right and wrong decisions in a business setting is called business ethics.
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Which tools allow economists to determine if the allocation of resources determined by free markets is desirable?.
Profit is: Multiple Choice the same as cost. the same as revenue. what is left over from total revenue after all of the appropriate costs have been subtracted. what is left over from total cost after all of the appropriate revenues have been subtracted.
Profit is what is left over from total cost after all of the appropriate revenues have been subtracted.
What is profit?
Profit is total revenue less total cost. A profit is earned when total revenue is greater than total cost. If this is not the case, then there is a loss.
Profit = total revenue - total cost
For example, if total revenue is 10,000 and total cost is 2000. Profit is 10,000 - 2000 = 8000
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When gathering information, which of the following tasks might you need to
perform?
A. Seek out ideas from others and share your own ideas
О
B. Fill out forms, follow procedures, and apply math and science
C. Apply standards, such as measures of quality, beauty, usefulness,
or ethics
D. Study objects, conduct tests, research written materials, and ask
questions
Answer:
The answer is D
Explanation:
To gather information you have to study objects and conduct tests on them to gather results.
Jose is an up and coming entrepreneur working on solidifying his business plans. After meeting with his mentor, he learns that he needs to carefully define his prospective business by creating a concise vision/mission statement that identifies the direction and objectives of his business. Why is this important for Jose to do
Answer:
This is important for Jose because as a business owner you want to know what type of business you are running
Explanation:
hope this helps :D
Creating a concise vision/mission statement that identifies the direction and objectives of his business is important for Joe as it helps identify the organization's goals and gives employees a sense of ownership and association.
What is a Business plan?In-depth descriptions of a company's goals and methods for achieving them are included in a business plan. A business plan outlines to gain some insights into the company's operations, finances, and marketing.
A mission statement summarises how a business is doing exactly present. It is focused on achieving the key objectives that will assist the organization to achieve its future goals and is short-term in nature.
A strategic vision is used to represent the organization's desired outcome, or what it aims to become. It informs the workforce of the company's objectives and gives them the motivation to fulfill them.
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Siddhara earns $70,000 a year, which is the amount she wishes to earn. Her title is assistant manager, but she would like to be supervising manager. Her boss offers her a raise but no change in job title, which disappoints siddhara and leaves her feeling somewhat dissatisfied with her job. This is an example of.
The process that leaves Siddhara feeling somewhat dissatisfied with her job is an example of Value percept theory .
What is Value percept theory ?The value-percept theory is a theory of job satisfaction, which states that job satisfaction is based on whether a particular job is able to supply those needs dear to an individual. In this theory, dissatisfaction is higher when there is a great difference between what the individual want what he or she has, that is the job is unable to meet or supply his or her wants.
In value-percept theory, the strongest sense of dissatisfaction is created when there are major differences between "wants" and "haves" and when the value in question is important.
Therefore, the process that leaves Siddhara feeling somewhat dissatisfied with her job is an example of Value percept theory .
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What are the signs of high inflation?.
[tex] \large \sf \green{ {\underline{ Âñßwêr : }}}[/tex]
Interest rates increase.Purchasing power falls.Fewer fixed rate bank loans.Production begins to fall.Hope It's Helps~Ali make a profit of $50.00 on a shirt. He bought it for $72.00. How much did Ali sell it for?
Answer:
$122
Explanation:
Given that Ali bought a shirt and profited from it, we can expect that Ali sold the original shirt for more than its value.
Reselling Price: 72 + 50 = 122
Final Profit: 122 - 72 = 50
profit=50.00
cp=72.00
loss =?
we know that,
profit =cp-sp
50.00=,72.00-sp
72.00+50.00
SP=122
What does a system at equilibrium look like at the macroscopic level?.
Suppose the cost of flying a 400-seat plane for an airline is $250,000 and there are 6 empty seats on a flight. If the marginal cost of flying a passenger is $130 and a standby passenger is willing to pay $140, the airline should.
Answer:accept
Explanation:
they are willing to pay more then the regular price
If the marginal cost of flying a passenger is $130 and a standby passenger is willing to pay $140, the airline should accept and allot a seat to the passenger.
What is the significance of marginal cost?The marginal cost can be referred to or considered as the cost derived for production of an additional unit of a product and offering it for sale in the market of the economy in which it operates. As per the rule of equilibrium, a firm shall try to sell an additional unit over the marginal cost derived.
In the situation given above, the airline derives a marginal cost of $130 for an additional passenger, and he agrees to pay $140 for the seat, then by following the rule of equilibrium, it will be beneficial for the airline to accept his offer.
Therefore, the significance regarding a marginal cost has been aforementioned.
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