A Counteroffer is a response given away to an original offer. It's true.
The grip of acceptance lasts ever. Effectively, a counter offer makes the leading endeavor an accepting endeavor.
A offer to automatically terminate the contract after the deadline specified in the offer. The offer can be accepted by the provider or by third parties.
The counter-offer serves both as a rejection of an offer of contract and as a new offer that mainly changes the terms of the original offer. Since the counter offer acts as a rejection, it fully invalidates the original offer. thus the premier proposition can no longer be accepted.
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What is the use of current assets?
Current assets are a category of a company's balance sheet that includes assets that are expected to be converted into cash within one year or less.
These assets are important for a company's short-term financial health and are used to support the day-to-day operations of the business.
The use of current assets varies depending on the nature of the business, but some common uses include:
Meeting short-term obligations: Current assets, such as cash and accounts receivable, can be used to pay for short-term obligations, such as salaries, rent, and utilities.
Financing inventory: Current assets can be used to finance inventory purchases, which can then be sold to generate revenue.
Funding capital expenditures: Current assets can also be used to fund inflation risk short-term capital expenditures, such as repairs and maintenance, or to purchase new equipment or assets.
Overall, current assets are a critical component of a company's financial health, as they provide the liquidity needed to sustain daily operations and meet short-term obligations.
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How is enterprise value calculated?
Enterprise value is calculated by adding the market value of a company's equity, outstanding debt, and any other long-term liabilities, and then subtracting the cash and cash equivalents held by the company.
Enterprise value (EV) is a measure of a company's total value and is used in financial analysis to determine the overall worth of a business.
The formula for enterprise value is:
EV = Market value of equity + Total debt and long-term liabilities - Cash and cash equivalents
The market value of equity is calculated by multiplying the current market price per share by the total number of outstanding shares. The total debt and long-term liabilities include any loans or other debts owed by the company, such as bonds, bank loans, and other long-term obligations.
Cash and cash equivalents include the money held in checking and savings accounts, short-term investments, and any other liquid assets that the company has available.
By calculating enterprise value, investors and analysts can get a more accurate picture of a company's overall value and its ability to generate cash flow. This is important when evaluating potential investments, mergers and acquisitions, or other financial decisions.
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Credit allowed for the purchase price of returned merchandise, resulting in a decrease in the customer’s account payable to the vendor. answer choices
purchases allowance
purchases return
sales allowance
sales return
Memorandum No. 42 for returns of purchases. A purchases return is a reduction in the customer's account payable to the vendor that is granted credit for the purchase price of returned goods.
A sales return is when a customer is given credit for the purchase price of returned goods, lowering the amount owed to the merchandising company. A credit memo prepared by the vendor that details the amount deducted for returns and allowances is known as a credit memorandum. A sales allowance is credit given to a customer for a portion of the sales price of merchandise that is not returned, resulting in a decrease in the accounts receivable of the merchandising business.
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The flatter the demand curve through a given point, thea. greater the price elasticity of demand at that point. b. greater the absolute value of the change in total revenue when there is a movement from that point upward and to the left along the demand curve. c. smaller the price elasticity of demand at that point. d. closer the price elasticity of demand will be to the slope of the curve.
The correct option is A, greater the price elasticity of demand at that point.A flatter demand curve indicates that a small change in price causes a fairly large change in volume demanded.
This suggests that consumers are more sensitive to price changes and the good or service has a lesser price flexibility of demand. This means that when the price is increased, the volume demanded declines significantly and when the price is dropped, the volume demanded increases significantly.
A flatter demand curve shows that a small change in price will affect in a fairly larger change in volume demanded, indicating lesser price perceptivity, which results in a lesser price elasticity of demand.
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For each of the following examples, indicate whether the transaction would be included in the gross investment component of gdp, and if so, indicate which category it would be included
When Leandro pays a general contractor to build a new house, it would be included in gross investment as residential fixed investment. So the option B is correct.
Residential fixed investment, also known as residential fixed capital formation or residential investment, is the amount of money spent to purchase or improve existing housing stock. This includes new construction, remodeling, and repairs.
It does not include spending on purchasing furniture, appliances, or other goods for the home. Residential fixed investment is an important factor in economic growth and is often used as an indicator of housing market strength.
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The complete question is:
For each of the following examples, indicate whether the transaction would be included in the gross investment component of GDP and if so, indicate which category it would be included.
When Leandro pays a general contractor to build a new house, it would
A. be included in gross investment as business fixed investment
B. be included in gross investment as residential fixed investment
C. be included in GDP as a net export
D. not be included in gross investment
E. be included in gross investment as inventories
why are for agi deductions preferable to from agi deductions
Deductions "for AGI" are generally considered preferable to deductions "from AGI" because they offer more tax benefits, greater flexibility, and a higher deduction limit.
"AGI" stands for "adjusted gross income" and refers to the total income an individual or business has earned in a given year, minus certain allowable deductions such as retirement contributions, health savings account contributions and some self-employment expenses. Deductions "for AGI" (also known as "above-the-line" deductions) are taken before the calculation of AGI, while deductions "from AGI" (also known as "below-the-line" deductions) are taken after the calculation of AGI.
Deductions "for AGI" are generally considered preferable to deductions "from AGI" for several reasons:
Eligibility for other tax benefits: Deductions "for AGI" can reduce a taxpayer's AGI, which can make them eligible for other tax benefits that are based on AGI, such as tax credits or itemized deductions.Higher deduction limit: Deductions "for AGI" generally have a higher limit than deductions "from AGI". For example, the deduction limit for contributions to a traditional IRA is $6,000 for taxpayers under age 50, but this limit can be increased by an additional $1,000 for taxpayers who are 50 or older. This means that taxpayers can deduct more money "for AGI" than they can deduct "from AGI."Greater flexibility: Deductions "for AGI" are not subject to phase-out limitations or other restrictions that apply to deductions "from AGI." This makes them a more flexible and reliable tool for reducing taxable income.Simplified tax preparation: Deductions "for AGI" can make tax preparation simpler and less time-consuming, as they can be taken directly on the front page of the tax return. Deductions "from AGI," on the other hand, require taxpayers to itemize their deductions and calculate the value of each deduction separately.Overall, deductions "for AGI" are generally preferable to deductions "from AGI" because they offer more tax benefits, greater flexibility, and a higher deduction limit. However, the specific tax circumstances of an individual or business can vary, so it is important to consult a tax professional for personalized advice.
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three special case patterns of dividend growth include _____.
Three special case patterns of dividend growth include perpetual growth, variable growth and accelerated growth.
1. Perpetual Growth: Perpetual growth occurs when a company's dividends remain the same from one period to the next. This is a sign of the company's stability and willingness to consistently pay dividends.
2. Variable growth: Variable growth occurs when a company's dividend payments fluctuate from one period to another. This type of growth is common in companies with volatile earnings and cash flows.
3. Accelerated Growth: Accelerated growth occurs when a company's dividend payouts increase faster than earnings. This type of growth is usually seen in companies that are expanding rapidly or have large amounts of cash available for dividends. Investors seeking higher dividend payouts may be more interested in companies with accelerated growth.
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Which internal account should Spring Township credit when it issues a purchase order for supplies?a. Vouchers payable.b. Encumbrance control.c. Appropriations control.d. Budgetary control.
The correct internal account that Spring Township should credit when it issues a purchase order for supplies is Encumbrance control.
So option B is correct.
Encumbrance accounting is used to reserve a portion of the funds in an organization's budget for specific expenses. When a purchase order is issued, an encumbrance is created to set aside the funds necessary to pay for the supplies. This encumbrance is recorded in the Encumbrance control account.
Once the supplies have been received and the invoice has been paid, the encumbrance is reversed, and the actual expenditure is recorded in the appropriate expense account. This ensures that the organization's budget is properly managed, and that funds are only spent on approved expenses.
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the maximum output capability, allowing for no adjustments for preventative maintenance or unplanned downtime is the definition of
Theoretical strength ,The maximum output capacity, with no changes made for scheduled or unforeseen downtime or other factors. capacity rating. The capacity of a resource or system to provide long-term.
An explanation of the lag capacity strategy?Lag Capacity Plan. an addition of capacity only after the demand has materialized. Capacity Matching Technique. a capacity plan that A tracking strategy adds capacity in small amounts to attempt to respond to changing demand in the marketplace..
What kind of results may a system produce throughout the course of time?The ability to hold, accept, store, or accommodate is defined as such in the dictionary. The amount of output that a system is capable of producing over an extended period of time is referred to as capacity in a generic business sense.
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gdp deflator formula
The formula for calculating the GDP deflator is as follows ,
GDP deflator = (Nominal GDP / Real GDP) x 100
The GDP deflator is a measure of the overall level of prices in an economy, calculated by dividing the nominal Gross Domestic Product (GDP) by the real GDP and multiplying the result by 100.
The nominal GDP is the total value of goods and services produced in an economy, measured in current market prices. The real GDP, on the other hand, is the value of goods and services produced in an economy, adjusted for inflation.
By dividing the nominal GDP by the real GDP and multiplying the result by 100, we can calculate the GDP deflator, which represents the average price level of goods and services produced in an economy. This is an important macroeconomic indicator that can be used to measure inflation and economic growth.
A rising GDP deflator indicates that prices are increasing in an economy, while a falling GDP deflator suggests that prices are decreasing. It is commonly used by policymakers and economists to track inflation and make decisions regarding monetary policy.
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At the end of 2017, companies from one country collectively owned $22 billion in assets in its neighboring country. The $2 billion represents the ________ of FDI.A) stockB) grown more rapidly.C) foreign direct investment.
At the end of 2017, companies from one country collectively owned $22 billion in assets in its neighboring country. The $2 billion represents the stock of FDI.
The correct option is option A.
Foreign Direct Investment or the FDI stocks basically aim to measure the total level of the direct investment which is present at a given point in time, and that is usually the end of a quarter or at the end of a year. FDI stock is basically the value of the share of the capital as well as the reserves, which include the retained profits, that are attributable to the parent enterprise, as well as the net indebtedness of the affiliates to the parent enterprise.
Outward stock can be defined as the value of capital as well as the reserves in another economy which are basically attributable to a parent enterprise who is resident in the economy. Inward stock are basically the value of the capital and also the reserves in the economy which are attributable to a parent enterprise resident in another economy.
Hence, the correct option is option A.
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Which semi-common emergency event is NOT covered by this insurance policy?Group of answer choices
a. Flood
b. Fire
c. Riots and looting
d. Explosions
In october 2005, the u.s. fish and wildlife service banned the importation of beluga caviar, the most prized of caviars, from the caspian sea. what happened in the market for caviar in the united states?
The ban on the importation of beluga caviar from the Caspian Sea by the US Fish and Wildlife Service would have likely resulted in the following ways 1) reduced the supply of beluga caviar in the US market. 2) the ban on beluga caviar may have led to increased demand for other types of caviar. 3) ban on beluga caviar may have also led to a shift in the market towards the production and sale of domestic caviar
The ban on the importation of beluga caviar from the Caspian Sea by the US Fish and Wildlife Service in October 2005 would have likely resulted in several market effects in the United States.
Firstly, the ban would have reduced the supply of beluga caviar in the US market, as it was no longer being imported from the Caspian Sea. This reduction in supply could have led to an increase in the price of beluga caviar in the US market, as consumers would still demand it but there was less of it available.
Secondly, the ban on beluga caviar from the Caspian Sea may have led to increased demand for other types of caviar that were not subject to the ban. This substitution effect could have increased the prices of these substitute caviars as well.
Lastly, the ban on beluga caviar may have also led to a shift in the market towards the production and sale of domestic caviar. Domestic caviar producers may have seen an increase in demand for their products as a result of the ban on imported beluga caviar.
Overall, the ban on the importation of beluga caviar from the Caspian Sea by the US Fish and Wildlife Service in October 2005 would have likely led to changes in the supply, demand, and prices of caviar in the United States.
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what are liquidated damages? does the ucc permit them? when are they valid?
Liquidated damages provide a way for parties to a contract to allocate the risk of breach and ensure that compensation is available if a breach occurs. However, care should be taken to ensure that the liquidated damages are reasonable and enforceable under the law.
Liquidated damages are a specific amount of money agreed upon by parties to a contract that serves as compensation in the event that one party breaches the contract. The purpose of liquidated damages is to provide a predetermined amount of compensation to the non-breaching party, rather than requiring the non-breaching party to prove the actual damages suffered as a result of the breach.
Under the Uniform Commercial Code (UCC), liquidated damages are permitted in certain circumstances. The UCC recognizes that parties to a contract may agree to a fixed amount of damages in the event of a breach, provided that the amount of damages is reasonable in light of the anticipated or actual harm caused by the breach. In other words, the amount of liquidated damages must be a reasonable estimate of the actual damages that would result from the breach.
To be valid, liquidated damages must be a genuine attempt to estimate the damages that would result from a breach, rather than a penalty designed to discourage breach. If the liquidated damages are deemed to be a penalty, rather than a reasonable estimate of damages, they may not be enforceable. Additionally, liquidated damages must be clearly stated in the contract and cannot be so excessive as to constitute unconscionable conduct.
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The promotion mix includes advertising, public relations, sales promotion, and personal selling. How would you classify each of the following promotion efforts?
1. McDonald’s uses television to tell consumers about how they can receive free french fries with the purchase of a Big Mac.
2. A Toyota salesperson tells customers about the quality of Michelin tires.
3. CNN has a story about Energizer’s latest ad campaign. The story features a commercial with the Energizer bunny.
4. Quaker Oats places an ad in Good Housekeeping magazine with a coupon attached.
5. A pharmaceutical salesperson leaves free samples with a physician.
6. When you buy a tube of crest toothpaste and you get a free toothbrush with it.
7. After every five visits to Rafferty’s Restaurant you get a free dessert.
8. You are watching the Cleveland Indian’s and the Chicago Cubs world series game and you see a commercial for Carnival Cruise line showing people relaxing on a beach in Mexico.
Because they must be altered frequently to be effective, sales promotions are typically short-lived. Because of its wide range of variations, it has always been seen as falling under the "other" category in the promotional mix. To increase demand and jump-start sales, that is the aim.
A Sales Marketing and Publicity
Advertising and sales promotion are the following: b. Personal selling; c. publicity and/or public relations; and d.
Personal sales and sales promotion.
A company's sales efforts can be augmented by effective public relations strategies, which can help it build relationships with its clients, advertise its products, and promote its services. PR gives news articles a good spin and is frequently thought of as unbiased and objective promotion as opposed to other types of promotion.
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Business ethics is simply one’s understanding of what is right or wrong in the workplace, regardless of which course of action one ultimately takes. True or False?
The statement Business ethics is simply one’s understanding of what is right or wrong in the workplace, regardless of which course of action one ultimately takes is false.
Business ethics entails actively choosing to do what is right, even in challenging or difficult circumstances, in addition to knowing what is right or wrong. It entails acting morally even when it may not be the simplest or most advantageous course of action.
The moral standards and values that govern conduct in the business world are referred to as business ethics. It entails putting ethical standards into practice when conducting business and making decisions while taking into account a variety of stakeholders, including customers, employees, shareholders, and the community.
Promoting moral conduct and having a positive social impact while achieving business objectives are the two main objectives of business ethics. As a result, the definition of business ethics as simply knowing what is morally right or wrong in the workplace,
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subsidies and quotas are examples of __________ barriers a county might impose.
Subsidies and quotas are examples of nontariff barriers a county might impose.
Quotas and subsidies: what are they?
A quota is a cap on how much of an imported good can be purchased. A trade subsidy given to a homegrown company lowers domestic costs and restricts imports. Gains from trade are constrained by non-tariff obstacles like rules about product content.
What kinds of things, like quotas and subsidies for certain products?Tariffs, quotas, and subsidies are common examples of protectionism, as well as methods used to carry out a protectionism policy. By raising the price or decreasing the availability of imported goods, all of these strategies aim to support domestic businesses.
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a journal with two amount columns in which all kinds of entries can be recorded. is called ?
This is called general journal. A general journal is a volume of unedited business transactions listed in date-by-date chronological order. It is the initial location where a transaction is noted. After that, the funds are posted to the appropriate accounts, such as accounts receivable, cash, or asset accounts.
Financial transactions are documented in a general journal entry. The transactions are recorded in the order in which they happened. Typically, general journals include details about accounts transactions like cash receipts and payments. They may also include sales, purchases, and inventory balances. Every recorded transaction is summarised in the general ledger, whereas the general journal holds the original entries for the majority of low-volume transactions.
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What is the inverse relationship between interest rates and bond prices?
Interest rates and the cost of bonds have an anti-parallel connection. Bond values decline with an increase in interest rates, and they rise with a decrease in interest rates.
This relationship exists because bonds are fixed-income securities that pay a set interest rate, called the coupon rate, over the life of the bond. When interest rates in the economy rise, new bonds are issued with higher coupon rates to reflect the higher interest rates. Investors demand the new bonds because they offer higher returns. As a result, the price of existing bonds with lower coupon rates falls as investors sell them to buy the new bonds with higher coupon rates.
Conversely, when interest rates fall, new bonds are issued with lower coupon rates to reflect the lower interest rates. Investors are willing to pay a higher price for existing bonds with higher coupon rates because they offer higher returns than new bonds.
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The goals of professional networking are to develop
A. and present a job "sales pitch" to an interviewer.
B. connections and advisors based on mutual needs/interests and trust.
C. a resume and send it out with a business card.
D. a resume and post it on social networking sites.
Professional networking aims to develop and present a job "sales pitch" to an interviewer. Thus the correct answer is option "A"
Whatever the situation is, professional networking has a goal to initiate and start relevant communication and build relationships that will benefit future fruits. Basically divided into 3 categories, professional networks can be operational, personal, and strategic, all three can work together at the same time but their function and intent serve different means. Working in a market, standing out in an interview, interpersonal skills, communication, and confidence, when added to professional networking has numerous perks.
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Select the appropriate term associated with a bank reconciliation for each of the following descriptions (Bank service fee, Checks outstanding, Company error, Deposit outstanding, interest earned, NSF Checks).
Descriptions Terms
a. Cash receipts received by the company but not yet recorded by the bank. b. Fees imposed by the bank to the company for providing routine services. c. Checks written to the company that is returned by the bank as not having adequate funds. d. Checks written by the company but not yet recorded by the bank. e. Money earned on the average daily balance of the checking account. f. The company recorded a deposit twice.
Bank, is an institution that deals in money and its substitutes and provides other money-related services.
What is the meaning of Bank?A financial entity with permission to accept deposits and issue loans is known as a bank. Moreover, banks may offer financial services including safe deposit boxes, currency exchange, and asset management. Commercial/retail banks and investment banks are the two different categories of banks.
When Italian merchants in the Renaissance formed agreements to borrow and lend money next to a bench, the word bank is derived from the Italian word banco, which means bench. They set the cash down on the bench. Simple financial records have existed since the dawn of time.
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market structure in which a few large sellers dominate the market and have the ability to affect prices in the industry is called?
Oligopoly. Few companies control an oligopoly, which has little competition. They can work together or fight with one another to use their combined market power to raise prices and increase their profit.
The goal of marketing is to generate interest in the goods and services that your business offers.Understanding the preferences of your target market and doing market research are both helpful in this. Marketing encompasses all aspects of developing products, selling them, planning for distribution, and advertising.In order to encourage more sales of its goods or services, a company's marketing initiatives include developing, distributing, delivering, and trading offers that are useful to customers. The primary goal of marketing campaigns is to increase sales for the business. As a result, all aspects of producing, disseminating, delivering, and exchanging goods that customers value are included in the marketing process.
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Which one of the following statements describing marketing is correct?
a. Marketing is little more than selling and advertising.
b. The focus of marketing tends to shift between producing and advertising.
c. Marketing involves more than just selling or advertising.
d. Marketing is primarily concerned with distribution of products.
Option c. Marketing involves more than just selling or advertising is the correct one.
Marketing is the process of researching, creating, and providing value to meet target market needs for goods and services.
Possibly including target group selection; choosing specific attributes/topics to highlight in your ads. conduct advertising campaigns; participate in trade fairs and public events; Buyer-friendly product and packaging design.
Defining terms and conditions of sales such as prices, discounts/warranties and return policies. Posting products to the media or to individuals who are believed to influence the buying habits of others.
Agreements with retailers, wholesalers or resellers. It seeks to generate brand awareness, loyalty and positive sentiment. Marketing is usually done by the seller, usually a retailer or manufacturer. Tasks may also be assigned to special marketing companies or advertising agencies.
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Anaiah is currently consuming 20 eggplants and 30 kiwis. His marginal utility per dollar spent on the 20 th eggplant is 160 utils and his marginal utility per dollar spent on the 30th kiwi is 190 utils. The price of an eggplant is $3
and the price of a kiwi is also $3. He has $180 to spend. How much is Anaiah currently spending on these goods? $____
What are the reasons that Anaiah is behaving irrationally? Select all that apply. O He is not spending his entire income O He is spending too much on kiwis O He is not balancing what he spends on each good O His marginal utility per dollar spent is not the same for both goods
The reasons that Anaiah is behaving irrationally are:
He is not spending his entire income
His marginal utility per dollar spent is not the same for both goods
What is unit rate?A unit rate is the cost for only one of anything. This is expressed as a ratio with a denominator of 1. For instance, if you covered 70 yards in 10 seconds, you did so at an average speed of 7 yards per second. Although both of the ratios—70 yards in 10 seconds and 7 yards in one second—are rates, only the latter is a unit rate.
Consumption of eggplant
= 20 price of eggplant
= 3
Consumption of kiwi is
= 30 price of eggplant
= 3
Formula:
Spending = price of eggplant × consumption of eggplant + price of kiwi × consumption of kiwi
= 3 × 20 + 3 × 30
= 150
Utility per one dollar spent on the 20th eggplant
= 160
Marginal utility per dollar spent on the 30th kiwi
= 190 utils.
Note that y 160<190
Currently spending = 150
& budget = 180
150<180
According theory of choice consumer need the maximize the utility so answer is
He is not spending his entire income
His marginal utility per dollar spent is not the same for both goods
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What is the effect of the December 31 adjusting entry to record $400 of revenues earned from sales to customers but not yet collected?
The revenue definition says that it is the total amount of money received from carrying out the business operations such as sales.
What is the meaning of Revenue?According to the definition, revenue is the total sum of money obtained through conducting commercial activities like sales. It is sometimes referred to as sales on the income statement. It is known as the top line since it appears first on any company's income statement.
All of the money that a company has made is referred to as revenue. Typically, income and profit include additional aspects of a business. Incorporate costs like the cost of goods sold, operational costs, taxes, and interest expenditures, for instance, into net income.
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all new entry-level marketing staff are given extensive training in how to work with clients before they start their jobs. when hiring marketing staff, what should the hiring manager look for? vhegg
The answer is- Marketing manager should follow these steps-
- Employee hiring process should be methodical and well thought.
-Prepare for the process by researching market hiring conditions and getting all of the proper paperwork in order.
- Once you start the process, consider the exact role you are hiring for and how much you are will negotiate once you make an offer.
Exactly what is a market?The market is the totality of buyers and sellers within the region or area under examination. The area could encompass the whole world or just a few different countries, states, or cities. The value of the items sold in a market are determined by supply and demand variables.
Which of these two definitions of "market" applies?Purchases and sales of goods take place in marketplaces, which are frequently outdoors. He was offering boots for sale on a market stand. 2. is countable A product's market is the amount of consumers who are interested in buying it or the area where it is being sold.
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If a firm expects that the price of its product will be lower in the future than it is today, the firm has an incentive to increase supply now and decrease supply in the future. the firm has an incentive to decrease supply now and increase supply in the future. the firm has tin incentive to increase quantity supplied now and decrease quantity supplied the future. the firm will not change supply until it knows for certain what will happen to its price.
If a business anticipates that the price of its product will drop from where it is currently in the future, it will have an incentive to boost supply now while reducing it afterwards.
What is meant by Supply chain management?Supply chain management (SCM) in business is concerned with a system of procurement (purchasing raw materials/components), operations management (ensuring the production of high-quality products at high speed with good flexibility and low production cost), logistics, and marketing channels so that the raw materials can be transformed into a finished product and delivered to the end customer).
Supply chain management is more specifically defined as "the design, planning, execution, control, and monitoring of supply chain activities with the goal of creating net value
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Operations strategy will specify the design and use of organizations' resources into which two categories?
Select one:
a. infrastructure and human resources
b. infrastructure and technology
c. structure and infrastructure
d. structure and core competencies
e. structure and technology
Operations strategy will specify the design and use of organizations' resources into c.structure and infrastructure
Operations strategy converts plans for commodities and competitive priorities for each market segment into decisions that affect the supporting systems. It is concerned with the creation of value for consumers by designing, organizing, and managing the systems that convert inputs into outputs. The planning and use of firm's resources, like material, financial, and human resources, in its infrastructure and organizational structure, is a crucial component of operations strategy.
Structure describes the physical and functional configurations of a firm's assets, including its buildings, machinery and technology. The firm's objectives, like boosting productivity, cutting expenses, or raising quality, are supported by the operations plan, which details how these resources will be set up. The organization's operations plan outlines how its infrastructure will be developed and utilised to meet its strategic goals.
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what factors can help to ensure a successful execution of a tactical plan? check all that apply. the team members must be congratulated for each successful step. each decision maker must have the information and resources necessary for getting the job done. top management must be notified at each critical stage of the tactical plans execution. the manager needs to evaluate every possible course of action in light of the goal. the manager must monitor ongoing activities derived from the plan to be sure the results are as expected.
The factors that help to ensure a successful execution of a tactical plan are the manager needs to evaluate every possible course of action in light of the goal .
The manager must monitor ongoing activities derived from the plan to be sure the results are as expected. Each decision maker must have the information and resources necessary for getting the job done.Option B , D and E are correct.
What do tactical plans focus on?"How do we achieve our strategic plan?" is answered by a tactical plan. It gives steps to take to reach short-term objectives, usually within a year or less. They can be broken down into departments or units, and their focus is much narrower.
How is tactical strategy defined?A company's tactical strategies are those that involve the day-to-day actions it takes to increase its market share, remain competitive in pricing, provide better customer service, or otherwise gain an advantage. Most tactics are short-term decisions about how to use resources to win a fight.
Question incomplete:what factors can help to ensure a successful execution of a tactical plan? check all that apply.
A. the team members must be congratulated for each successful step.
B .each decision maker must have the information and resources necessary for getting the job done.
C. top management must be notified at each critical stage of the tactical plans execution.
D. the manager needs to evaluate every possible course of action in light of the goal.
E. the manager must monitor ongoing activities derived from the plan to be sure the results are as expected.
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if the cross-price elasticity of demand for two goods is 1.25, then a) the two goods are luxuries. b) the two goods are substitutes. c) one of the goods is normal and the other good is inferior. d) the demand for one of the goods conforms to the law of demand, but the demand for the other good violates the law of demand.
If the cross-price elasticity of demand for two goods is 1.25, then the two goods are substitutes. For instance, the price elasticity of demand would be 1.5. The answer is OPTION B.
if the quantity demanded for a product increased 15% in response to a 10% price decrease. Cross price elasticity is used to determine whether products are complements or substitutes. If it is positive, the products are substitutes, and if it is negative, the products are complements.
Demand cross-price elasticity is defined as the difference between percentage changes in demand and price changes for related goods. For instance, if a product's price decreases by 20%, the demand for products that are related to it will fall by 5%. So, 5 x 20 = 0.25 is the cross price elasticity of demand.The answer is OPTION B.
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