The transactions that are journalized into the purchasing journal are:
This Inventory Dr. column now contains $200.The Account section is filled out with the vendor's name.An entry of $200 is made in the payable cr. column.Define the term gross method?In contrast to the net approach, the gross method records an invoice at its full price regardless of any offered cash discounts.
To put it another way, the gross technique makes the assumption that the consumer won't benefit from the cash and early payment incentive. If a discount was applied, it later makes the necessary adjustments to reflect the discount in the invoice's gross price.To encourage suppliers to make early payments for their goods, the majority of businesses provide cash incentives. 2/10, n/30 are the most typical discount terms. This indicates that the seller will receive a 2 percent discount if payment is made after 10 days of the invoice. If not, you have 30 days to pay the net sum.As the stated question-
On November 10th, ABC Co. made an account purchase of $200 in products with credit terms of 2/10, n/30.
The journalizion of the transactions into purchasing journal by choosing the appropriate actions from the list below, assuming the gross way of recording is chosen-
This Inventory Dr. column now contains $200.The Account section is filled out with the vendor's name.An entry of $200 is made in the payable cr. column.To know more about the gross method, here
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in addition to bringing a lawsuit under title vii, harassees may bring a civil action in state (and sometimes federal) court alleging which of the following? -> Assault and/or battery
-> Infliction of emotional distress
-> False imprisonment
-> Interference with contractual relations
Last option. In addition to bringing a lawsuit under title vii, harassees may bring a civil action in state (and sometimes federal) court alleging Interference with contractual relations.
What is a lawsuit?A lawsuit is an action brought by one or more parties in a civil court of law against another party. Only a limited number of laws from long ago that are still in force include the phrase "suit in law."
A settlement in the legal sense is an agreement made between parties to a legal dispute, either before to or following the initiation of court proceedings. A settlement of several related legal matters is referred to as a collective settlement. In the context of law, the phrase also has additional meanings.
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declining demand for jean jackets has forced franny denim company to lower its prices and phase out unprofitable items. this is indicative that this product is likely in the stage of its product life cycle.
Declining Demand for jean jackets has forced franny denim company to lower its prices and phase out unprofitable items. this is indicative that this product is likely in the stage of its product life cycle Peak Stage.
Ben Zion is the son of a rich, illiterate factory owner in Soroka, a small manufacturing facility town in Ukraine. Rejecting the dishonesty he sees as tied up inside the international of business, he is secretly in love with Lisa Rosenberg, daughter of the owner of a rival (failing) factory, who's engaged to be married to Ben Zion's coarse older brother. She nearly elopes with Ben Zion, however unearths him too childishly idealistic, too much a dreamer. all through the entire play, even after her marriage, she is torn among the two brothers.
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a.) Read the statement below carefully, and decide whether it is true or false. And then explain your answer (whether "true " or "false").
If a product becomes more popular among buyers, then its supply will decrease and its price will rise as shoppers buy more of it from the sellers. (Describe what happens in the S&D market-graphs for the product, to support your true/false answer.)
b.) Read the statement below carefully, and decide whether it is true or false. And then explain your answer (whether "true " or "false").
If the government grants a subsidy to homebuilders, then the supply of lumber will increase because lumber is an input in building houses. Describe in words what happens in the S&D graph for lumber, to explain your answer.
A) According to the demand and supply, the statement is false.
Demand and supply
Demand and supply refers the relationship between the quantity of a commodity that producers wish to sell at various prices and the quantity that consumers wish to buy.
Given,
If a product becomes more popular among buyers, then its supply will decrease and its price will rise as shoppers buy more of it from the sellers.
Here we need to find the whether this statement is true or false.
As per the definition of demand and supply, if the product gets popular, then the production that is supply must be increased because of the demand of the product.
But in the given statement, they said that the supply will be decreased, so which is wrong.
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researchers examined the auto concept data to determine whether there were any correlations between household income and lifestyle segments. the output from this analysis is provided below. which of the following most accurately describes a finding from this analysis?
A process where a firm identifies its number one and guide activities that add value to its final product after which analyze those activities to lessen charges or boom differentiation.
Vehicle build statistics is largely a whole photo of what a vehicle turned into ready with whilst it rolled off the assembly line. related automobiles generate vehicle data attributes that explain many variables region, engine repute, velocity if a door become locked, and lots more.
Vehicle statistics are generated from the vehicle's electronic manipulate devices Controller gets entry to Networks and even infotainment systems. The prolonged automobile consists of a physical avenue car with external software and hardware extensions that might be advanced, implemented, and controlled by the automobile producer.
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which of the following types of website types (as described in the abp-3 guidelines) best describes use of the eller website as a marketing hub to obtain contact information about new prospective students and potential donors?
Types of website are Utility websites, sales websites, authority websites, and websites that generate leads.
Which law highlights the issue that a project will advance in time if more individuals are added to it?The phrase "adding human resources to a late software project makes it later" was first used by Fred Brooks forty years ago and has now become known as Brooks' Law. Since then, empirical study has supported that theory.
What are the activities or tasks that, if called late, will cause a delay to the entire project?The critical path, in project management, is the lengthiest series of tasks that must be finished in order to finish a project. The key path tasks are known as critical activities because if they are postponed, the entire project's completion will also be postponed.
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Lead-generation Website best reflects the usage of the eller website as a marketing hub for obtaining contact information for new prospective students and benefactors.
What is a website and what are its applications?A website is a collection of publicly accessible, interconnected Web pages that use the same domain name. Individuals, groups, businesses, and organizations can construct and maintain websites for a variety of objectives. The World Wide Web is made up of all publicly accessible websites. Most websites' purposes can be divided into three categories: awareness, sales, and information. Websites can be used in a variety of ways, including as a personal website, a corporate website for a business, a government website, an organization website, and so on. Websites are typically dedicated to a specific topic or purpose and can be the work of an individual, a business, or another organization.
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What is the impact of global operations and supply-chain management on the nationality of goods and services?.
The impact of global operations and supply-chain management on the nationality taken by goods and services is that products can take on the nationality of different nations.
What has the impact of global operations being on product nationality ?Thanks to global operations, companies are having to differentiate their products so that they can be more appealing to the different cultures of nations found around the world.
As a result, they engage in supply - chain managment such that some products will be made in the company the goods or services are being sold in, thereby giving those goods the nationality of that place.
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Argonaut Food Stores, a retail giant, hires better-skilled employees than its competitors by employing strategic recruitment practices. It also conducts highly specialized training programs for its employees. In this case, Argonaut has focused on gaining a strong competitive advantage through ________ differentiation.
A) image
B) people
C) services
D) product
E) channel
B) people
In this case, Argonaut has focused on gaining a strong competitive advantage through people differentiation. A company's ability to produce goods or services more effectively or more affordably than rivals is referred to as having a competitive advantage.
These elements allow the productive entity to outperform its rivals in the market in terms of sales or profit margins. Cost leadership, differentiation, defensive strategies, and strategic alliances are the four primary methods of gaining a competitive advantage. Competitive advantage refers to a company's ability to produce goods or provide services better than its competitors. It enables a company to generate value for itself and its shareholders by achieving superior margins.
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if $4,500 is invested in an account that pays interest compounded continuously, how long will it take to grow to $13,500 at 7%
The time period the amount will take to attain the given sum will be $2 years and 8 months using compound interest formula.
Given information:
Principal amount (P)= $4,500
Amount = $13,500
Rate of interest (r) = 7% = 0.07
Time period using formula of compound interest, which is compounded continuously,
Amount = Pe^rt
13,500 = 4,500e^0.07t
e^0.07t= 13,500/4500 =3
t (time period) = 2.8 years or 2 years and 8months
The interest earned on savings that is computed using both the original principal and the accrued interest over time is known as compound interest. The interest earned on savings that's also computed considering both original principal and the interest accrued over time is known as compound interest. The yearly interest rate is increased to the amount of compounded periods minus one, and the starting principal is multiplied by these two factors. The obtained value is subsequently deducted from the loan's entire original amount.
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fixed overhead $ 528,000 per year variable selling and administrative expenses $ 9 per unit fixed selling and administrative expenses $ 115,000 per year exercise 6-3 (algo) part 1a 1a. assume the company uses absorption costing. determine its total product cost per unit.
Divide the total manufacturing overhead by the number of units produced to determine how much it costs to produce one unit.
How Much Are Manufacturing Overhead Costs?The total of all indirect expenses incurred during product manufacturing is known as manufacturing overhead (MOH) cost. Along with direct labor and material costs, it is added to the final product's price. Depreciation of machinery, wages paid to factory workers, and electricity used to run the machinery are common examples of manufacturing overhead costs.The cost of finished goods in inventory and work in progress inventory on a manufacturer's balance sheet and in the cost of goods income statement should be adjusted to account for manufacturing overhead in accordance with GAAP (generally accepted accounting principles).To Learn more About manufacturing overhead refer to:
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which of the indicators listed would be considered performance measures for the innovation and learning perspective?
The indicators that would be considered performance measures for the innovation and learning perspective are Employee satisfaction, Dollars spent on training and Employee turnover.
Understanding, information, actions, skills, beliefs, attitudes, and preferences may all be acquired via the process of learning. Humans, animals, and certain robots are all capable of learning, and there is evidence that some plants may also be capable of learning.
Although many skills and knowledge develop over time via repeated encounters, other learning is rapid and brought on by a single event. It is difficult to tell the difference between learned data that appears to be "lost" and that which cannot be regained since learning frequently results in changes that endure a lifetime.
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external forces that affect e-business include all of the following except:_____.
A. globalization
B. available financing
C. changing technology
D. economic factors
E. all of these answer choices
External forces that affect e-business include all of the following except available financing. Hence, option B is appropriate.
What is the role of the E-Business?Any procedure that a commercial organization carries out over a desktop network is referred to as "e-business" (electronic business). Any government, nonprofit, or for-profit organization can be considered a business organization. They use business procedures that are production-, customer-, internal-, or management-focused.
Any type of commercial or business transaction that involves the exchange of information online is considered to be an e-business. One of the key functions of every business is commerce, which is defined as the exchange of goods and services between organizations, communities, and individuals.
Hence, option B is appropriate.
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A company has two operating departments: Mixing and Bottling. Mixing has 600 employees and Bottling has 400 employees. If office costs of $320,000 are allocated to operating departments based on the number of employees, then $128,000 of the office costs should be allocated to the Mixing department.
The office cost allocated to mixing department = $192,000
Operating cost :
Operational costs are the ongoing costs incurred in normal day-to-day operations. Operating expenses include both cost of goods sold (COGS) and other operating expenses often referred to as selling, general and administrative expenses (SG&A). Operating expenses or operating expenses are costs associated with running a business or operating a device, component, equipment or facility. The cost of resources that an organization uses just to maintain its existence. Operating expenses are calculated as the cost of goods sold + operating expenses. Operating expenses are: Administrative and clerical expenses such as rent, salary, personnel costs, insurance premiums, and board fees. Sales and distribution costs such as advertising, salesperson salaries, etc.
Evaluating office cost :
Total employees:
= 600 + 400
= 1,000
Office cost allocated to mixing department:
= $320,000 X 600/1,000
= $192,000
Office cost allocated to Mixing department is $192,000 and not $128,000.
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TRUE/FALSE. in oligopoly when the effect outweighs the effect, profit-maximizing firms will increase their output.
TRUE. In oligopoly whilst the impact outweighs the impact, profit-maximizing corporations will boom their output.
An oligopoly is a marketplace structure wherein a marketplace or enterprise is ruled through a small variety of big dealers or producers. Oligopolies regularly end result from the preference to maximize profits, that may lead to collusion among companies. This reduces opposition, will increase costs for consumers, and lowers wages for employees. Many industries were referred to as oligopolistic, including civil aviation, electricity providers, the telecommunications sector, Rail freight markets, meals processing, funeral services, sugar refining, beer making, pulp and paper making, and vehicle manufacturing. Most international locations have legal guidelines outlawing anti-aggressive behavior. EU opposition law prohibits anti-aggressive practices along with price-solving and manipulating marketplace deliver and exchange amongst competitors.
In the US, the United States Department of Justice Antitrust Division and the Federal Trade Commission are tasked with preventing collusion. However, businesses can steer clear of felony effects thru tacit collusion, as collusion can simplest be demonstrated thru real and direct conversation among companies.
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sasha receives a bi-weekly inventory report that shows her how many catalogs are in the warehouse. the report is generated automatically by the system that tracks all warehouse items. sasha's report is a by-product of a(n) blank system.
Sasha receives a bi-weekly inventory report that shows her how many catalogs are in the warehouse. the report is generated automatically by the system that tracks all warehouse items. Sasha's report is a by-product of a(n) information system.
What is inventory?The term inventory refers to the company are ready to sell the merchandise, goods, and services and the earn profit. The company used the raw material are converted into the finished goods.
Sasha receives a bi-weekly inventory report are the count and the check the catalogs are in the warehouse. There was the collection of the data to the record are the main in the reason was the based on the information.
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Occasionally, _________________ may lead to pure monopoly; in other market conditions, they may limit competition _________________ .
barriers to entry; to a few oligopoly firms
barriers to entry; to a natural monopoly
deregulation; requiring new patent law
deregulation; requiring new copyright law
Occasionally, barriers to entry may lead to pure monopoly; in other market conditions, they may limit competition to a few oligopoly firms.
Monopoly is an enterprise wherein a unmarried corporation is the only manufacturer of a selected meals or the only dealer of a service; the corporation and the enterprise are synonyms. no near substitutes. a natural monopoly's product is specific in that there isn't ant any near substitutes.
A natural monopoly is a marketplace shape in which a sure product is produced or bought via way of means of a unmarried company. A natural monopoly takes place when no competition or replacement merchandise exist withinside the marketplace.
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which of the following is an example of user-generated content? multiple choice question. posting a professional marketing message on a company's website writing an e-mail providing an online rating and comments for a product or service posting a link to a newspaper article
writing an e-mail providing an online rating and comments for a product is an example of user-generated content.
What is user-generated content marketing?
User-generated content, often known as UGC or consumer-generated content, is a term used in marketing to describe brand-related content produced by someone who isn't an authorized spokesperson for your company. It may be a podcast, a video, a social media update, a review, or something else entirely.User-generated content includes things like blog postings, social network posts, testimonials, and consumer reviews.User-generated content, commonly referred to as UGC or consumer-generated content, is unique material made by customers specifically for a business and shared on social media or through other means. UGC may take many different forms, such as pictures, movies, reviews, a recommendation, or even a podcast.To learn more about User-generated content refer,
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economies of scale exist when: select one: a. firms become extremely large. b. input prices are falling. c. average costs fall as the scale of production grows. d. a 10% increase in all inputs causes a 9% increase in output.
Economies of scale exist when the average costs fall as scale of the production grows.
What are economies of scale?In microeconomics, economies of scale and economies of scope that businesses gain as a result of their size of operation. Scale can be increased when the cost per unit of output falls. Technical, statistical, organizational, or other relevant elements that affect the level of market control may form the basis of economies of scale. This is only a brief explanation of the idea. Economies of scale can be used to a wide range of organizational and commercial settings and at different levels, such as a production, plant, or an entire firm. Economies of scale take place when average costs start to decrease as output rises.
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N the event of a catastrophic event, how long do the bankers have to pull their investment from the washington post?
Set in 1971, The Post tells the true story of journalists at The Washington Post attempting to publish the infamous Pentagon Papers.
What did the Pentagon Papers contain?The Pentagon Papers revealed that the US had escalated its war by bombing Cambodia and Laos, conducting coastal assaults on North Vietnam, and launching Marine Corps strikes, none of which had been covered by the American media.Set in 1971, The Post tells the true story of journalists at The Washington Post attempting to publish the infamous Pentagon Papers, a collection of classified documents detailing the United States government's 20-year involvement in the Vietnam War and earlier in French Indochina dating back to the 1940s.The Pentagon Papers research was requested by Robert McNamara, the US Secretary of Defense. The Pentagon papers proved that four presidents in a row had lied about America's participation in Vietnam.To learn more about Pentagon Papers refer,
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Ftx, recently valued at $32 billion, has filed for bankruptcy. What type of company is it?.
FTX is a Bahamas-based cryptocurrency exchange. It was recently valued at $32 billion and has filed for bankruptcy.
What is cryptocurrency?Cryptocurrency which is also called crypto-currency or crypto is any form of currency that exists digitally or virtually and uses cryptography to secure transactions. Cryptocurrencies don't have a central issuing or regulating authority, instead using a decentralized system to record transactions and issue new units.
So simply, cryptocurrency is a digital payment system that doesn't rely on banks to verify transactions. It’s a peer-to-peer system that can enable anyone anywhere to send and receive payments.
Cryptocurrency is stored in digital wallets.
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i personally guarantee any debt or obligation that my business incurs to the department of consumer protection?
In most cases, stockholders are not held personally responsible for the corporation's debts. The only way for creditors to recoup their debts is by seizing the company's assets.
What does personally guarantying a business loan entail?A personal guarantee is an understanding between a business owner and a lender that holds the person signing accountable for repaying a loan in the event that the company is ever unable to make payments.
Are you personally responsible for the debts of your company?In most cases, stockholders are not held personally responsible for the corporation's debts. Only by seizing the corporation's assets can creditors recoup their debts. Shareholders are typically only liable for the corporation's debts if they cosigned or personally guaranteed them.
Are you personally responsible for the debts of your company?In most cases, stockholders are not held personally responsible for the corporation's debts. Only by seizing the corporation's assets can creditors recoup their debts. Shareholders are typically only liable for the corporation's debts if they cosigned or personally guaranteed them.
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How does the central bank controls inflation?.
The central bank controls inflation by influencing interest rates.
What are the three ways the central bank can combat inflation?Various Instruments the Federal Reserve Uses to Control Inflation,The Fed has a number of instruments that it has historically used to control inflation. The Federal Funds Rate, the Discount Rate, and Open Market Operations (OMO) are frequently used in tandem.The implementation of monetary policy by central banks is a crucial function in achieving price stability (low and stable inflation) and aiding in the management of economic volatility.Controlling the economy's money supply is a key monetary strategy for reducing inflation.Interest rates are impacted by the central bank, which in turn manages inflation.To learn more about Interest rates refer to:
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the manager of a restaurant in a large city claims that waiters working in all restaurants in his city earn an average of $157 or more in tips per week. a random sample of 27 waiters selected from restaurants of this city yielded a mean of $147 in tips per week with a standard deviation of $29 (sample standard deviaiton). assume that the weekly tips for all waiters in this city have a normal distribution. using a 2.5% significance level, can you conclude that the manager's claim is false? use the critical-value approach. round your observed value to two decimal places. observed value or test statistic of t =
observed value or test statistic of t = 0.05
As per the given data.
sample mean=147
sample standard deviation=29
sample size=27
a) Null and alternate Hypothesis,
mean≥157
mean<157
test statistic t=(147-157)/(29/sqrt27)
= -1.7917766
t-critical [ use excel function T.INV.2T (0.05,26)]
p-value=0.0424(from t table for p value)
range=0.01<p value<0.05
since p value is less than level of significance 0.05, we reject the null hypothesis.
Conclusion:
The manager's claim is false.
The type 1 error would occur if the mean waiters earning from tips was grater or equal to $157 but we concluded that it was (greater than or equal to) less than $157.
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trade allows a person to obtain goods at prices that are less than that person's opportunity cost because each person specializes in the activity for which he or she has the lower opportunity cost.
Because each person specializes in the activity for which they are paid, trade enables a person to receive commodities at prices that are lower than their potential cost.
What does trade mean?
Trade is the act of transferring commodities or services between individuals, businesses, or nations. Every element of international trade was under the direct jurisdiction of the ministry. ... discussions on a new global trade pact
Describe trading and an example.
Meaning and definition. The action of purchasing, selling, or exchanging products and services between individuals, businesses, nations, and other entities is referred to as trade as a noun. It is frequently used interchangeably with "trade." It may also be used to describe a specific industry, such as the construction, tourism, or fur trades.
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investing by dollar-cost averaging means that you purchase number of shares when the share price is down. and you purchase number of shares when the price is up. therefore, dollar-cost averaging allows you to purchase most of your investment shares at costs.'
The practise of investing a fixed dollar amount on a regular basis, regardless of share price, is known as dollar cost averaging. It's a good way to develop a disciplined investing habit, become more efficient in your investing, and potentially reduce your stress level.
As well as your costs. Dollar-cost averaging is the practise of investing the same amount of money in a target security at regular investing over a specified time period, regardless of price. Investors can lower their average cost per share and reduce the impact of volatility on their portfolios by using dollar-cost averaging. The technique is named after its ability to reduce the average cost of shares purchased.
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you have a total of 100000 to invest you decide to spend 1000 to buy 100 call options on ibm stock ( expires after one year; each covers on share) with 100 strike price and to spend 9000 tpo buy t billswith 3% annual inteerest rate
When someone sells an item at a loss and then buys another that is almost identical within 30 days of or after reporting the capital loss, the transaction is known as a wash sale.
When investors sell a stock or option at a loss and subsequently repurchase the same stock or option, whether or not the option has the same month and strike price, this is known as a "wash sale." There are wash sales. Investors possess IBM shares and trade Put and Call options on the same ticker, i.e., IBM, making this transaction a wash sale.
Loss = shares issued x (owns price-sale price)
[tex]1000000(1000-100)=99999900[/tex]
One share costs[tex]5[/tex] , making a total loss of $[tex]99999900[/tex] on[tex]1000000[/tex] shares.
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A man buys a box of 100 apples in a market for $44. He sells all the apples for $0.5 each. What is his profit or loss? Loss =$ 44 Profit = $6 Profit = $3
a scientific supply catalog advertises a material having an index of refraction of 0.85. is this a good product to buy?
No, n is equal to c/v, where c is the higher-than-average speed of light in a vacuum.
How is the material's index of refraction determined?
Also equal to n = c/v is the velocity of light at a given wavelength in a substance divided by its velocity at the same wavelength in empty space.
Can a negative absolute refractive index be explained?
We are aware that a material has an absolute refractive index of n=vc.cv if n1 is true.However, we are aware that the absolute maximum speed is the speed of light in a vacuum (c).As a result, it is impossible for the material to have a negative absolute refractive index.
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Earned media are streams in which consumers, the press, or other outsiders voluntarily communicate something about the brand via word of mouth, buzz, or viral marketing methods.
Earned media receives excellent grades for trust, according to a Nielsen survey.
What does "earned media" refer to?Here are some examples of viral marketing approaches and strategies:
- Giveaway campaigns convert leads.
- Social media influencers have amazing power.
- Offer incentives to attract clients.
- By providing high-quality material, you may attract people's attention.
- Launch viral marketing as soon as you can.
- The messages should be brief.
- Video clips, interactive Flash games, advergames, brandable software, photos, text messages, emails, and web pages can all be used in viral marketing. The pass-along based, incentive based, fashionable based, and undercover based transmission vehicles are the most frequently used ones for viral communications.
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Experiencing a "jump scare" in a frightening movie most immediately activates your:.
Experiencing "jump scare" in frightening movie most immediately activates the sympathetic nervous system.
What is sympathetic nervous system?One of the three subsystems of the autonomic nervous system, along with the enteric nervous system and the parasympathetic nervous system, is the sympathetic nervous system (SNS or SYNS). Occasionally the enteric nervous system is regarded as a separate entity from the autonomic nervous system. To control the body's subconscious actions, the autonomic nervous system performs its job. The fight-or-flight response of the body is the main function of the sympathetic nervous system. To maintain homeostasis, it is, nonetheless, fundamentally active all the time. [4] The parasympathetic nervous system, which stimulates the body to "feed and breed" before (then) "rest-and-digest," is described as being antagonistic to the sympathetic nervous system.
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FILL IN THE BLANK. in most cases, large multidivisional firms like ibm, ford, and general motors usually establish a set of___based on the overall corporate missions.
In most cases, large multidivisional firms like IBM, ford, and general motors usually establish a set of systematic policies based on the overall corporate missions.
What is meant by Systematic policies ?In order to assess the possible effects of proposed policies, recommend evidence-based policies intended to promote people's and communities' health, and address the needs and interests of a wide variety of stakeholders, CHRT performs systematic and policy assessments.
A systemic policy analysis is intended for in-depth research on a social issue. The steps in a policy analysis are as follows: defining the issue that the policy is trying to solve. evaluating the targets of a policy's aims. examining the impact of the policy.
Systematic reviews seek to locate, assess, and compile the results of all pertinent individual studies on a given topic in health care, making the available information more understandable to decision-makers.
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What are the 5 key factors for success when preparing a business plan?.
A corporation may use success factors as a framework to choose what to do, when to do it, and how to execute it most successfully in order to remain competitive.
What are the keys to success in a business plan?Business plan. A plan is the first thing you need in order to succeed.The ability to persevere. The knowledge that success or failure is temporary.shared conviction and a sense of teamwork... Inspiration...A distinct idea of what success looks like.maximize the resources at your disposal.clear awareness of resources (time, money, etc.).it truly just requires three essential components at the most fundamental level: a clear statement of the company's values, vision, and goal as well as a financial strategy and a general comprehension of the competitive environmentStrategic Approach (Leadership, Management, Planning)People (Personnel, Staff, Learning, Development) (Personnel, Staff, Learning, Development)Operations (Processes, Work) (Processes, Work)Marketing (Customer Relations, Sales, Responsiveness) (Customer Relations, Sales, Responsiveness)Finances (Assets, Facilities, Equipment) (Assets, Facilities, Equipment)To learn more about Business plan refer,
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