An affirmative act by the seller to create an expectation with the buyer can create an express warranty. An express warranty is a specific promise made by the seller about the product or service being sold.
This promise may be expressed orally or in writing, and it may take a variety of forms, including a summary of the product's attributes, a claim regarding its calibre, or a warranty on its performance.
An express warranty is simply a promise from the vendor that the good or service will live up to expectations and function as promised. The purchaser may be entitled to seek redress, such as a refund, repair, or replacement, if the good or service doesn't live up to these expectations.
It's vital to understand that implicit guarantees, which are produced by law and don't necessitate an explicit action on the part of the seller, are distinct from express warranties. When a product is sold, implied warranties are immediately generated and provide a guarantee.
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missionary salespeople are: group of answer choices salespeople who process routine orders for products that are presold by the company;
Missionary salespeople are sales representatives who promote the products or services of a company but do not complete transactions.
They educate customers on the benefits of the product and encourage them to make a purchase. Therefore, the correct answer is Salespeople who promote the products of the company by educating the customers.
selling in which the salesperson's role is to inform an individual with the power to influence others to buy a product, rather than to make a direct sale to that person; a missionary salesperson is also known as a Detailer.
In missionary selling, a salesperson focuses on building a relationship with an individual who can influence the buying decision, instead of trying to directly land the sale. This approach is a form of indirect selling.
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the notion that a service organization must focus on its employees before successful programs can be directed at customers is referred to as
Answer: The notion that a service organization must focus on its employees before successful programs can be directed at customers is referred to as the internal marketing concept.
Explanation:
What is the internal marketing concept?
The internal marketing concept refers to the act of treating the company's employees as internal customers. The term is used to define an approach that involves motivating employees and treating them as if they were customers who are being sold a service by the company. The approach involves ensuring that the employees are motivated and satisfied with the service they are providing before directing successful programs at customers.
Importance of internal marketing concept
The importance of the internal marketing concept is based on the following:
It strengthens employees' loyalty to the company: By treating employees as internal customers, companies are more likely to build strong relationships with their employees, which increases their loyalty to the company.It improves employee morale: When employees are treated as internal customers and their satisfaction is prioritized, it can increase their morale and motivation.It helps in reducing employee turnover: When employees are satisfied and happy with the service they are providing, it is less likely that they will leave the company.It helps in creating a good working environment: By focusing on employee satisfaction, companies can create a better working environment, which can lead to increased productivity and better quality service.The internal marketing concept is therefore seen as a key element of successful service organization management and customer relationship management strategies.
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Hamsterville, where the marginal propensity to save is equal to 0.25, is currently experiencing a negative output gap of $60 million.How much would Hamsterville's government have to change taxes to restore the full employment level of aggregate output?
The government of Hamsterville would need to decrease taxes by $15 million to restore the full employment level of aggregate output.
To calculate the change in taxes required to restore full employment level of aggregate output in Hamsterville, we need to use the formula for the fiscal multiplier:
Fiscal multiplier = 1 / (1 - MPC)
where MPC is the marginal propensity to consume, which is equal to 1 - MPS (marginal propensity to save). In this case, we are given that MPS is 0.25, so MPC is 1 - 0.25 = 0.75. Therefore, the fiscal multiplier is:
Fiscal multiplier = 1 / (1 - 0.75) = 4
This means that for every dollar change in taxes, the overall aggregate output will change by $4.
Since Hamsterville is experiencing a negative output gap of $60 million, to restore full employment level of aggregate output, we need to increase aggregate output by $60 million. Using the fiscal multiplier, we can calculate the change in taxes required:
Change in taxes = Change in aggregate output / Fiscal multiplier
Change in taxes = $60 million / 4
Change in taxes = $15 million
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We must address safety concerns before we ____more skilled technicians.
"We must address safety concerns before we train more skilled technicians" to ensure their safety and the safety of others.
It is crucial to address safety concerns before training more skilled technicians as their work may involve handling potentially dangerous equipment or working in hazardous environments. Neglecting safety can result in accidents, injuries, or even fatalities. By prioritizing safety, we can create a safe working environment for technicians and prevent any potential harm to themselves or others.
This can be achieved by providing safety training, enforcing safety protocols, ensuring proper equipment maintenance, and continuously monitoring safety performance. Ultimately, a safe workplace not only protects employees, but it also increases productivity, reduces costs, and improves overall job satisfaction.
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aaron medford has invested $600 in the corporate stock of a manufacturer of offshore oil drilling equipment. if the company goes bankrupt, the most medford could lose would be:
If Aaron Medford has invested $600 in the corporate stock of a manufacturer of offshore oil drilling equipment, the most he could lose if the company goes bankrupt would be $600.
When a corporation wishes to raise money, it can do so by selling stocks, which are shares of ownership in the company. People who buy stocks are referred to as shareholders, and they own a portion of the company based on the number of shares they hold.
They also have a right to a portion of the company's profits in the form of dividends, which are payments made to shareholders.
The stock market is a market where corporate stocks are purchased and sold. Stock prices fluctuate based on a variety of variables, including the company's performance, news, and other economic factors.
This makes investing in the stock market a high-risk, high-reward opportunity because there is no guarantee that the value of the stock will rise, and there is a chance that it will fall.
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which of the following is an objective for preparing closing entries? multiple choice to transfer the balances of temporary accounts to the retained earnings account. to convert from the accrual basis of accounting to the cash basis of accounting. to make sure that proper adjustments are made before preparing an adjusted trial balance. to reverse the effects of double-entry bookkeeping and ensure that the accounting equation is in balance.
Closing entries are journal entries made to close out a temporary account at the end of an accounting period. The closing entry's objective is to transfer temporary account balances to permanent accounts, such as retained earnings, and to reset the temporary account balance to zero. Therefore, the right option is "To transfer the balances of temporary accounts to the retained earnings account.
"The closing entries' objective is to transfer the balances of temporary accounts to the retained earnings account. There are four primary types of closing entries: revenue accounts, expense accounts, income summary, and dividend accounts. The primary purpose of the closing entry is to reset the temporary account balance to zero, which means that their net balance is moved to the permanent account.
The temporary account includes revenue, expenses, and dividends account. They are temporary accounts because they are used only for the current accounting period. At the end of the period, the account balance is closed out, and the net balance is transferred to the permanent account for financial reporting.
Closing entries' preparation involves a series of entries that help to reverse the effects of double-entry bookkeeping and guarantee that the accounting equation is in balance. Therefore, the right answer is "To transfer the balances of temporary accounts to the retained earnings account."
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the proof of a crm effort is seen in: a. more tracked prospects making initial purchases. b. high levels of cognitive dissonance in customers. c. low levels of customer loyalty in new customers. d. high levels of inconsistency among customers in terms of experience and belief.
All of these signs can be the proof of a successful CRM effort.
CRM or customer relationship management is a management strategy designed to improve the company's interaction with customers, thereby improving customer satisfaction and profitability. It's a marketing tool that focuses on customer retention and development while also improving customer loyalty.
A successful CRM initiative produces a return on investment by providing businesses with an improved understanding of their customers. CRM will help businesses keep track of customer behavior, habits, and patterns, allowing them to identify opportunities and resolve any issues that arise in the future.
The proof of a CRM effort can be seen by how effective the businesses are in customer retention, customer satisfaction, and customer acquisition.
A) More tracked prospects making initial purchases indicates that marketing strategies are targeting the right customers and convincing them to buy.
B) High levels of cognitive dissonance in customers can signal that customers are receiving conflicting messages, potentially leading to confusion and hesitation when making decisions.
C) Low levels of customer loyalty in new customers suggests that more effort needs to be put into building strong relationships and providing a personalized experience.
D) High levels of inconsistency among customers in terms of experience and belief could be an indication that customers are not receiving a consistent message and are being exposed to a variety of different experiences.
In conclusion, all of these signs can be indicative of a successful CRM effort. Tracking prospects and creating a cohesive experience for customers can help to build trust, loyalty, and a positive overall relationship with the brand.
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f a hiring manager is unhappy that the staffing system requires her to take two hours of her limited time to interview each candidate, which staffing goal is not being met?
If a hiring manager is unhappy that the staffing system requires her to take two hours of her limited time to interview each candidate, the staffing goal that is not being met is efficiency. What is a staffing system? A staffing system is a process in which an organization conducts its staffing activities. Staffing is the process of attracting and selecting candidates who are well-suited for a specific job.
Staffing is the process of bringing together the right individuals for a specific job or position. It includes workforce planning, job analysis, employee recruitment, employee selection, and orientation. The staffing process is designed to ensure that the company has the best employees possible to achieve its objectives. Effective staffing necessitates determining the correct number of employees, hiring the correct people, and developing their abilities in the context of the organization's business plan.
What is a staffing goal? Staffing goals are the long-term objectives of a company's staffing activities. They're designed to ensure that the company's staffing activities are successful. To be effective, a company's staffing goals should be relevant to the company's overall strategic plan. Staffing goals should be realistic and attainable. These objectives should be determined based on the company's business plan, the industry in which it operates, and its long-term strategic goals.
The following are some of the primary staffing goals: Efficiency: The efficiency of the staffing system is determined by how quickly the organization can fill open positions with qualified candidates. Quality: The quality of the candidates that the organization hires is critical. The company's long-term success is dependent on having high-quality employees in key positions. Affordability: The cost of hiring and training employees should be affordable for the organization. The staffing system should be fair, impartial, and in compliance with applicable employment laws.
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bonds that are not secured by specific property are called group of answer choices debentures. blanket mortgage bonds. open-end mortgage bonds. chattel mortgage bonds.
Debentures are bonds that are not secured by specific property or assets and instead rely on the creditworthiness of the issuer. Thus, Option A is correct.
Debentures are a form of unsecured debt, meaning they do not have any collateral backing them up. Instead, investors rely on the issuer's ability to make interest payments and repay the principal amount at maturity. Debentures are typically issued by corporations or governments to raise funds for various purposes such as capital expenditures, mergers and acquisitions, or to refinance existing debt.
They are considered riskier than secured bonds but often offer higher yields to compensate investors for the added risk.
This question should be provided with answer choices, which are:
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the difference between the net operating income (noi) and the equity before-tax cash flow (ebtcf) is:
The difference between net operating income (NOI) and equity before-tax cash flow (EBTFC) is that NOI is the net income of an operating entity, while EBTFC is the equity return of an investment before taxes are taken into account.
NOI is an accounting measure of how much an entity is making from its operations and is calculated by taking the total revenue of an entity, subtracting the total operating expenses, and subtracting any non-cash expenses. This figure gives you the amount of money the entity has earned from its operations before any other factors are taken into account.
EBTFC, on the other hand, is a measure of the return on an investment before taxes are taken into account. It is calculated by taking the total revenue of an investment, subtracting the total expenses, and subtracting any non-cash expenses, such as depreciation and amortization.
This figure gives you the amount of money the entity has earned before any taxes are taken into account.
In short, the difference between NOI and EBTFC is that NOI is an accounting measure of how much an entity is making from its operations, while EBTFC is a measure of the return on an investment before taxes are taken into account.
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you tell me, how could new york city possibly lose money if they sold central park to real estate developers?
New York City could lose tourism revenue, public recreation space, and the environmental benefits provided, no longer be accessible to the public as a park and would only benefit the wealthy individuals, Additionally, the loss of Central Park would negatively impact the city's reputation and potentially harm other industries that rely on the park's presence, such as the entertainment and hospitality sectors.
Central Park is a significant natural area in the heart of Manhattan, one of the world's busiest cities. It provides a plethora of environmental benefits such as air purification, carbon storage, and flood reduction, as well as recreational opportunities for the residents of New York City and the millions of visitors who flock to the park every year.
Central Park has also played a significant role in promoting tourism in New York City, with the park being a popular destination for people from all over the world. If Central Park were to be sold to developers and transformed into private real estate, the city's environmental health would be compromised, and the loss of a vital green space would have negative consequences for the public's mental and physical well-being.
Furthermore, losing Central Park would harm the city's reputation, which is one of the world's leading tourist destinations, and it would have a severe impact on industries such as hospitality and entertainment.
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risks can be avoided by countering the threats facing an asset or by eliminating the exposure of an asset. question 1 options: true false
The statement "risks can be avoided by countering the threats facing an asset or by eliminating the exposure of an asset" is true.
How can risks be avoided?Risks can be avoided by implementing proper security measures. It can be done by countering the threats that the asset is facing or by eliminating the asset's exposure. The countermeasures employed by organizations aim to prevent or minimize the risks associated with their assets.
Some of the common countermeasures include:
Providing access control to protect against unauthorized accessConducting regular security assessments and audits of the organization and its Assets Use of firewalls, IDSs, and antivirus software to prevent cyber-attacksImplementing physical security measures such as video surveillance, access control, and burglar alarmsRegular training of employees to ensure that they understand the importance of security measuresMaintaining a backup and disaster recovery plan to help mitigate the consequences of a security breach.Learn more about risks at
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depending upon the type of plan, the patient's portion of the medical charges after the insurance has paid is known as the:
The patient's portion of the medical charges after the insurance has paid is known as the co-payment. Depending upon the type of plan, the patient's portion of the medical charges after the insurance has paid is known as the deductible.
Medical insurance is a form of insurance that provides coverage for medical and surgical costs incurred by the policyholder. Health insurance may cover medical expenses such as diagnostic tests, medicines, surgery, and hospitalization as well as routine medical checkups.
Health insurance reimburses policyholders for the expenses incurred as a result of medical attention provided by a licensed medical provider. A deductible is a fixed amount of money you have to pay before your insurance coverage starts paying for covered medical expenses.
When you file a claim with your insurance provider, the insurance provider will only pay after you've paid your deductible. Policyholders must fulfill their deductibles before insurance coverage begins to pay for covered medical expenses. The deductible is one of the most significant elements of any insurance policy, and it is typically expressed as a dollar sum.
In general, the larger the deductible, the lower the premium. However, a larger deductible also implies that policyholders must pay more out of pocket before insurance coverage kicks in.
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when externalities are present, a. suppliers will refuse to produce desired goods and services. b. this indicates that property rights are well-defined and enforced. c. competitive market outcomes may be inconsistent with ideal economic efficiency. d. competitive markets will generally achieve ideal economic efficiency.
When externalities are present, competitive market outcomes may be inconsistent with ideal economic efficiency. The correct option is c.
What are externalities?
An externality is an economic concept referring to a cost or benefit that affects a third party that did not choose to incur that cost or benefit. Economists often represent externalities by writing down the formula S + EX - IM = I. This formula represents that the number of imports in a country is equal to the excess supply of exports minus the excess demand for that country's exports. When externalities are present, competitive market outcomes may be inconsistent with ideal economic efficiency. Externalities may cause markets to be either underproduced or overproduced, depending on whether the external cost or benefit is positive or negative. A negative externality results in an overproduction of the goods, whereas a positive externality results in an underproduction of the goods.
Therefore, in the presence of externalities, market outcomes may be inconsistent with ideal economic efficiency. The other options are incorrect because: Suppliers will not refuse to produce desirable goods and services even in the presence of externalities. Therefore, option A is incorrect. Property rights may not be well-defined and enforced in the presence of externalities. Therefore, option B is incorrect. Competitive markets may not achieve ideal economic efficiency in the presence of externalities. Therefore, option D is incorrect.
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if freeman violates the terms of its labor-management agreement, what can an individual union employee do? multiple choice go on strike file a grievance
If Freeman violates the terms of its labor-management agreement, an individual union employee can file a grievance.
What is a grievance?A grievance is a formal written complaint filed by an employee who believes that the employer has violated their rights under the collective bargaining agreement. This can include things like violating workplace safety rules or unfairly disciplining employees, among other things.
If a union worker has a problem with an employer's breach of the labor-management agreement, they may file a grievance. The worker must present their case to their union representative, who will then file the grievance on their behalf, according to the terms of the collective bargaining agreement.
The employer and the union representative will then attempt to resolve the issue through negotiation, and if no resolution is reached, an arbitration hearing may be held.
If Freeman violates the terms of its labor-management agreement, an individual union employee can file a grievance. Therefore, the correct answer is option b. file a grievance.
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fill in the blank. the labor supply curve facing a purely competitive employer is___, whereas the labor supply curve facing a monopsonist is____.
The labor supply curve facing a purely competitive employer is perfectly elastic, whereas the labor supply curve facing a monopsonist is upward-sloping.
The labor supply curve of a perfectly competitive labor market is quite different from that of a monopsonistic labor market. The labor supply curve facing a purely competitive employer is perfectly elastic, meaning that it is horizontal or flat, as there are many substitutes for labor, and the employer has no power over the price of labor. In contrast, the labor supply curve facing a monopsonist is upward-sloping, indicating that the employer has market power over the price of labor and can hire more workers only at higher wages.
The labor supply curve facing a monopsonist is upward-sloping because there is a trade-off between the wage rate and the number of workers the employer can hire. To hire additional workers, the employer must increase the wage rate paid to all workers, resulting in an increase in the marginal cost of hiring new workers. Therefore, a monopsonist must pay higher wages to all workers to hire additional workers, resulting in a higher wage rate for all workers.
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in cash from his savings account. what immediate effect does this transaction have on the monetary aggregate measures of
When someone withdraws cash from their savings account, the immediate effect on the monetary aggregate measures of a country is a decrease in the M2 monetary aggregate measure.
Monetary aggregate measures: Monetary aggregate measures are indicators used to keep track of the money supply in an economy or a country. The three most common monetary aggregate measures are M1, M2, and M3. The amount of currency in circulation, traveler's checks, and checking account deposits are all included in M1. M2 is a broader measure that includes M1 as well as savings account deposits, small-denomination time deposits, and other time deposits. The M3 measure, on the other hand, is the broadest measure of the money supply, including all of the previous measures as well as large-denomination time deposits, institutional money market funds, and other larger liquid assets.
Savings account: A savings account is a bank account that is used to store money that is not needed for daily expenses. Savings accounts are a type of deposit account, which means that they are a bank account that earns interest. Savings accounts, unlike checking accounts, usually have restrictions on how often the account holder can withdraw money. In exchange for these limitations, savings accounts typically provide higher interest rates than checking accounts.
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ogier incorporated currently has $800 million in sales, which are projected to grow by 10% in year 1 and by 5% in year 2. its operating profitability ratio (op) is 10%, and its capital requirement ratio (cr) is 80%?
The projected sales to Ogier Incorporated in Years 1 and 2, given the rate of projected growth are:
Year 1 - $ 880 million Year 2 - $ 924 millionHow to find the projected sales ?The projected sales can be found by the formula :
= Preceding year sales x ( 1 + projected rate of growth )
For Year 1, the projected sales to Ogier Incorporated would be:
= 800 million x ( 1 + 10 %)
= 800 x 1 .1
= $ 880 millions
For Year 2, the projected sales would be:
= 880 millions x ( 1 + 5 % )
= 880 millions x 1. 05
= $ 924 millions
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The complete question is:
Ogier Incorporated currently has $800 millions in sales, which are projected to grow by 10% in Year 1 and 5% in Year 2. Its operating profitability ratio (OP) is 10%, and its capital requirement ratio (CR) is 80%?
What is the projected sales in Years 1 and 2?
earnings per share, price-earnings ratio, dividend yield the following information was taken from the financial statements of zeil inc. for december 31 of the current fiscal year: common stock, $25 par value (no change during the year)$7,000,000 preferred $4 stock, $100 par (no change during the year)4,000,000 the net income was $1,000,000 and the declared dividends on the common stock were $70,000 for the current year. the market price of the common stock is $21.00 per share. for the common stock, determine (a) the earnings per share, (b) the price-earnings ratio, (c) the dividends per share, and (d) the dividend yield. if required, round your answers to two decimal places. a. earnings per share$fill in the blank 1 b. price-earnings ratiofill in the blank 2 c. dividends per share$fill in the blank 3 d. dividend yieldfill in the blank 4 %
The given problem relates to the calculation of earnings per share, price-earnings ratio, dividends per share, and dividend yield. The calculation for each of these is as follows: Earnings per share=Earnings on common shares/Number of common shares outstanding=($1,000,000 - $70,000) / $7,000,000 = $0.13 per share.
Price-earnings ratio=Market value per share/Earnings per share=$21.00/$0.13 = 161.54.Dividends per share=Dividend on common shares/Number of common shares outstanding=$70,000 / $7,000,000 = $0.01 per share. Dividend yield=Dividends per share/Market price per share= $0.01 / $21.00 = 0.048 or 4.80%.The solution to the given problem is shown below: a. Earnings per share = $0.13b. Price-earnings ratio = 161.54c. Dividends per share = $0.01d. Dividend yield = 4.80%.
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which one is not an integrating and coordinating mechanisms: question 9 options:
a. liaison roles b. behavioral norms c. task forces d. cross-functional teams
The option that is not an integrating and coordinating mechanism is
(b) behavioral norms. Integrating and coordinating mechanisms are methods used to enhance communication and cooperation between different departments or units within an organization. They facilitate collaboration, problem-solving, and decision-making processes.
(a) Liaison roles are positions designated to serve as a bridge between different departments, facilitating communication and coordination between them.
(c) Task forces are temporary groups of employees formed to address specific issues or problems that require a multidisciplinary approach, promoting collaboration and coordination among different functional areas.
(d) Cross-functional teams are groups of individuals with diverse expertise and backgrounds working together to achieve a common goal, fostering coordination and integration between various functions within an organization.
Behavioral norms, on the other hand, are the shared expectations of appropriate behavior within a group or organization. While they can help shape a collaborative work environment, they are not a specific mechanism used for integration and coordination among different departments or units.
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excess cash held by a firm should be: group of answer choices reinvested by the firm in projects offering rates of return higher than the cost of capital reinvested by the firm in the financial markets distributed to bondholders in the form of extra coupon payments reinvested by teh firm in projects offering the highest rate of return, regardless of risk
Firms should strive to identify and invest in projects offering the highest rate of return, regardless of risk. By doing so, firms can maximize the value of their investments and increase shareholder value.
The excess cash held by a firm should be reinvested by the firm in projects offering the highest rate of return, regardless of risk. This is because the primary objective of a firm is to maximize its value and generate returns for shareholders. Therefore, it is essential for firms to identify and invest in projects that offer the highest returns relative to their risks.
When evaluating potential projects, firms need to consider the cost of capital. The cost of capital is the minimum rate of return required by shareholders or bondholders in order to invest in the firm. This cost of capital represents the expected return investors require to invest in the firm’s projects, and it is necessary to identify projects that offer returns greater than the cost of capital.
In addition to investing in projects offering rates of return higher than the cost of capital, firms should consider reinvesting excess cash in the financial markets. These investments may include purchasing stocks, bonds, or other securities. These investments are not necessarily designed to generate returns for the firm, but instead, may be used as a tool to generate profits from capital gains or to hedge against other risks.
Ultimately, firms should strive to identify and invest in projects offering the highest rate of return, regardless of risk. By doing so, firms can maximize the value of their investments and increase shareholder value.
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When measuring the effectiveness of her retailing strategy, Martha decides to measure the sales per square foot, which is calculated by dividing ___________ by selling area in square feet.
a. discounted sales
b. total visits
c. lead to close ratio
d. total sales
When measuring the effectiveness of her retailing strategy, Martha decides to measure the sales per square foot, which is calculated by dividing discounted sales by selling area in square feet.The answer is option A: Discounted sales.
How to calculate sales per square foot?
Sales per square foot is a measurement of sales efficiency that compares sales to floor space. It is calculated by dividing total sales by the area of the selling space in square feet, as shown below:Selling Area = Total Store Area – Stockroom, Back Office, and Other Unrelated AreasSales per Square Foot = Total Sales / Selling Area
Therefore, when measuring the effectiveness of her retailing strategy, Martha decides to measure the sales per square foot, which is calculated by dividing discounted sales by selling area in square feet.
What is discounted sales?
Discounted sales are items that have had their prices reduced. They are frequently placed on sale, particularly during holidays or the end of the season. Retailers often utilize promotional pricing tactics such as discounts to boost sales and attract more customers. Discounts are frequently used to draw attention to seasonal items that must be sold before the season ends.
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when the government hires people/construction companies to clean up after a hurricane or tornado, this: does not add to gdp since devastation has occurred. adds to gdp.
The cleanup of a hurricane or tornado does not add to the Gross Domestic Product (GDP) since the devastation has already occurred. The money spent by the government to hire people or construction companies for cleanup is not counted as part of the GDP.
The government hiring people/construction companies to clean up after a hurricane or tornado does not add to the Gross Domestic Product (GDP). The GDP is a measure of the total market value of all final goods and services produced in a given period of time, which is why the destruction of a hurricane or tornado does not increase the GDP. Instead, the government spending to rebuild after the hurricane or tornado does. This is because the rebuilding of infrastructure, homes, and businesses produces new goods and services, which adds to the GDP.
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what term is used to mean manufacturing designed to achieve high customer satisfaction with minimum levels of inventory investment?
The term used to describe manufacturing designed to achieve high customer satisfaction with minimum levels of inventory investment is "lean manufacturing."
Lean manufacturing is a production system that focuses on reducing waste and optimizing the value stream to create a more efficient and effective manufacturing process.
It involves the use of various tools and techniques, such as just-in-time inventory management, kaizen (continuous improvement), and visual management, to identify and eliminate non-value-added activities and processes.
The main objective of lean manufacturing is to increase customer satisfaction by delivering high-quality products on time and at a competitive price while minimizing waste and reducing inventory costs.
Overall, lean manufacturing is a customer-centric approach to production that seeks to optimize the value stream while minimizing waste, inventory, and costs to achieve high customer satisfaction.
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harding corporation acquired real estate that contained land, building and equipment. the property cost harding $2,660,000. harding paid $805,000 and issued a note payable for the remainder of the cost. an appraisal of the property reported the following values: land, $706,440; building, $2,674,560 and equipment, $798,000. what value will be recorded for the building? multiple choice $515,200 $130,000 $1,702,400 $2,674,560
The value recorded for the building is $1,702,400.Real estate is any property consisting of land and the buildings on it, as well as any natural resources including crops, water, and minerals. Real estate has a significant economic impact on most individuals, as real estate comprises a substantial portion of most people's net worth, and for the majority of people, their home is their largest investment asset.
Land, building, and equipment cost Harding Corporation $2,660,000. Harding paid $805,000 and issued a note payable for the remainder of the cost. The property was valued in the following ways: land, $706,440; building, $2,674,560, and equipment, $798,000.Value to be recorded for building = 2,674,560 * (2,660,000 - 805,000) / 4,178,000= 1,702,400Therefore, the value recorded for the building is $1,702,400.
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camille's coffee shop has a very small share of the market and has no plans for growth. according to the bcg matrix, this business is a .
Camille's Coffee Shop has a very small share of the market and no plans for growth, according to the BCG matrix, this business is a cash cow.
A cash cow is a business with a relatively low market share, but one that generates a steady and significant amount of cash flow. This is generally because the company's products are established and generate a reliable stream of revenue.
The company does not need to invest heavily in marketing or innovation, as it enjoys a safe profit margin and needs only to keep operations running efficiently.
As Camille's Coffee Shop has a small market share and no plans for growth, it is likely to remain a cash cow.
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a zero coupon bond with a face value of $1,000 that matures in 15 years sells today for $529. what is the yield to maturity?
The yield to maturity of the zero coupon bond with a face value of $1,000 and a maturity of 15 years is 9.36%.
To calculate the yield to maturity, we use the formula:
YTM = [(FV / PV)1/n - 1] x (1/n)
Where:
YTM = Yield to Maturity
FV = Face Value
PV = Present Value
n = Number of Years to Maturity
So, in this case:
YTM = [(1,000 / 529)1/15 - 1] x (1/15) = 9.36%
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compare this case to the norplant case in chapter 7. what similarities/differ- ences do you see in the marketing campaigns? in the lawsuits?
The Norplant case, which is covered in Chapter 7, is similar to the case discussed in the question in that both cases involve contraceptives. Both Norplant and the case discussed in the question involve a pharmaceutical company promoting a product that can be used as a form of birth control.
However, there are several differences between the two cases. The Norplant case was focused around the marketing of the product, while the case discussed in the question involves a lawsuit over the product.
The marketing campaigns for the two cases were very different. For Norplant, the pharmaceutical company had an aggressive advertising campaign to promote the product, while the case discussed in the question does not appear to have any specific advertising campaign associated with it.
Additionally, the Norplant case resulted in multiple lawsuits, while the case discussed in the question does not appear to have any related lawsuits.
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when operating expenses for an organization are reduced to a rate per day and compared with the amount in accounts payable, this computation:
When operating expenses for an organization are reduced to a rate per day and compared with the amount in accounts payable, this computation is referred to as operating expense ratio.
The operating expense ratio is calculated by dividing the total operating expenses of the organization in a particular period (usually one year) by the total accounts payable in the same period.
This ratio helps to analyze the financial stability and efficiency of an organization as it measures the extent to which the operating expenses can be covered with existing funds.
The higher the operating expense ratio, the better as it implies that the organization has enough accounts payable to cover its operating expenses. On the other hand, a lower ratio may indicate that the organization may need to seek additional funding sources to cover its operating expenses.
Therefore, the operating expense ratio is an important factor to consider when evaluating an organization's financial situation.
By using this calculation, managers can better understand the financial health of their organization and make better decisions to improve their financial performance.
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why is the second step of risk management to assess the risks identified in the first step? multiple choice question.
The second step of risk management is to assess the risks identified in the first step because it is important to evaluate the potential impact of those risks. (C)
Risk management is a systematic approach to managing, assessing, and responding to risks. It involves identifying, evaluating, and prioritizing risks, as well as implementing measures to mitigate or reduce their impact.
The process of risk management includes several steps, including identifying risks, assessing the potential impact of those risks, prioritizing them based on their severity, and developing and implementing strategies to manage and mitigate them. The second step is to assess the risks identified in the first step.
This step involves evaluating the potential impact of each risk on the organization or project and prioritizing them based on their severity. It is important to assess risks in order to determine the most effective strategies for managing and mitigating them. (C)
Risk management is an ongoing process that requires constant monitoring and evaluation. It is essential for organizations to be proactive in identifying and managing risks in order to prevent negative consequences and ensure success.
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Complete question:
why is the second step of risk management to assess the risks identified in the first step?
a. to determine what's missing
b. to avert the risk
c. to assess the risks identified in first step