Which of the following is one of the major challenges in business-to-business marketing in working with a buying center? As a permanent group within the firm, if a firm is not chosen for a purchase, the firm will find it difficult to compete again. O Each of the members of the buying center has organizational needs, and these needs may conflict with each other. As buying centers are assembled for a specific purpose and is not a regular team, decision-making is often unorganized and difficult to manage. O Negotiating with all five members of a buying center consumes a great deal of time and effort, and the marketing firm has no guarantee they will be selected.

Answers

Answer 1

"Negotiation with all five members of a buying center consumes a great deal of time and effort, and the marketing firm has no guarantee they will be selected." is one of the major challenges.

Which of the following is one of the major challenges in business-to-business marketing in working with a buying center?

Buying centers are groups of individuals who are involved in the purchasing decision-making process of a business organization.

These individuals often have different needs, preferences, and priorities, which can make it difficult for a marketing firm to negotiate with all of them effectively.

In addition, since the buying center is often assembled for a specific purpose and is not a regular team, decision-making can be unorganized and difficult to manage.

Finally, if a firm is not chosen for a purchase, it can be challenging to compete again, as the buying center is a permanent group within the firm.

To know more about Negotiation visit:

https://brainly.com/question/29442691

#SPJ11

Complete question: Which of the following is one of the major challenges in business-to-business marketing in working with a buying center?

a) As a permanent group within the firm, if a firm is not chosen for a purchase, the firm will find it difficult to compete again.

b) Each of the members of the buying center has organizational needs, and these needs may conflict with each other.

c) As buying centers are assembled for a specific purpose and is not a regular team, decision-making is often unorganized and difficult to manage.

d) Negotiating with all five members of a buying center consumes a great deal of time and effort, and the marketing firm has no guarantee they will be selected.


Related Questions

what are three characteristics that affect decision making by a group? (choose every correct answer.)

Answers

The three characteristics that affect decision-making by a group are size, diversity, and the decision-making process.

The size of the group: The size of the group is a significant factor that affects the decision-making process. In a group with a large number of members, decisions take longer to make and the process may get complicated. In contrast, small groups can make decisions quickly and efficiently.

The diversity of the group: The diversity of the group is an essential characteristic that affects decision-making. Diversity is beneficial in the decision-making process because it provides multiple perspectives and allows for a broader range of ideas to be discussed. It also means that people will approach problems differently, which can lead to more innovative solutions.

The decision-making process: The decision-making process itself can affect the outcome of the decision. The process can be affected by group dynamics, power dynamics, and the quality of communication between group members. It is important that all members of the group feel heard and valued and that the decision-making process is transparent and fair.

Therefore, the decision-making process of a group is influenced by three key factors: its size, diversity, and the decision-making process itself.

To know more about decision-making click here:

https://brainly.com/question/16407152

#SPJ11

suppose instead that the equilibrium price of cream cheese has risen but the equilibrium quantity of bagels has fallen. what could be responsible for this pattern: a rise in the price of flour or a rise in the price of milk? illustrate and explain your answer.

Answers

The equilibrium price of cream cheese has risen but the equilibrium quantity of bagels has fallen, meaning that the relative demand for cream cheese has increased while the relative demand for bagels has decreased. It is likely that a rise in the price of milk is responsible for this pattern because cream cheese is produced by milk, while bagels are produced by flour.

Let's assume that the price of flour has risen. In this case, cream cheese producers would need to pay more for the same amount of flour and would thus raise the price of cream cheese in order to remain profitable. Consumers, being price sensitive, would then reduce the amount of cream cheese they buy.

As cream cheese is a relatively elastic good, this would result in a rise in the equilibrium price of cream cheese and a fall in the equilibrium quantity of bagels. On the other hand, if the price of milk were to rise, then bagel producers would need to pay more for the same amount of milk, leading to an increase in the price of bagels.

Consumers, being price sensitive, would then reduce the amount of bagels they buy. As bagels are a relatively elastic good, this would result in a fall in the equilibrium price of bagels and a rise in the equilibrium quantity of cream cheese.

Since cream cheese is produced from milk, and bagels are made from flour, a rise in the price of either of these inputs would lead to a shift in the supply curve of both products. A rise in the price of milk would lead to a decrease in the supply of milk, resulting in an increase in the cost of producing cream cheese.

This would cause the equilibrium price of cream cheese to rise. At the same time, the rise in the price of flour would result in a decrease in the supply of flour. This would increase the cost of producing bagels, leading to a decrease in the supply of bagels. This would cause the equilibrium quantity of bagels to fall.

Thus, it is likely that a rise in the price of milk is responsible for this pattern because cream cheese is produced by milk, while bagels are produced by flour.

Learn more about equilibrium price and equilibrium quantity here:

brainly.com/question/28527601

#SPJ11

how can a company with sustainable returns to capital of 15% and a cost of capital of 12% maximize its value? multiple choice reinvest as many of its profits are possible give out as much of its profits as possible in dividends offer dividends exactly equal to its cost of capital liquidate the company as soon as possible

Answers

A company with sustainable returns to capital of 15% and a cost of capital of 12% can maximize its value by reinvesting as many of its profits as possible.

When a company with sustainable returns to capital of 15% and a cost of capital of 12% reinvest as many of its profits as possible, it can achieve growth in its business. As a result, it would not be required to borrow more capital or issue new shares of stock to raise money for its future investments. Reinvesting in a company means the company is putting back its money into the company. This method is used to increase a company's growth rate.

It means that a company is looking to improve its revenue and increase its growth rates. The company can use the money to pay for new equipment, fund a new project, or expand the company's operations. Therefore, it can be concluded that the company with sustainable returns to capital of 15% and a cost of capital of 12% can maximize its value by reinvesting as many of its profits as possible.

To know more about profits refer to:

https://brainly.com/question/15699405

#SPJ11

an eight-year bond paying coupons annually has a yield of 9% and a duration of 7.200 years. if the bond's yield changes by 40 basis points, what is the percentage change in the bond's price?

Answers

The percentage change in the bond's price is -2.88%.A bond is an instrument of debt that the borrower agrees to repay at a certain point in time, generally with interest. The bond's coupon is the interest rate that the bond pays, and the bond's yield is the current market interest rate.

A bond's price is inversely related to its yield, which means that as the yield rises, the bond's price falls, and as the yield falls, the bond's price rises. This is the reason why bond prices are volatile in the market.In a bond paying coupons annually, the duration is given by (1+y)/y, where y is the annual yield.

Duration, D= 7.200 years Yield, y= 9% (0.09)Change in yield,

dy = 40 basis points = 0.40%

New yield = y + dy = 9.40% = 0.094

D = (1 + y)/y = (1 + 0.09)/0.09 = 11.11 years.

The percentage change in the bond's price is calculated using the modified duration and the change in yield. The formula is: Percent Change in Bond Price = - Modified Duration × Change in Yield

Therefore, the percentage change in the bond's price is:

Percent Change in Bond Price = - Modified Duration × Change in Yield

= - 7.81 × 0.004

= - 0.03124

= - 3.124%

The percentage change in the bond's price is -3.124%. Therefore, the answer is the option D, -2.88%.

For more about bond's yield:

https://brainly.com/question/14644574

#SPJ11

when the increase in price for a new video game is 30%, the increase in quantity supplied of a new video game is 90%. what is the price elasticity of supply for that video game?

Answers

The percentage change in quantity supplied is 90%, and the percentage change in price is 30%

The price elasticity of supply can be calculated using the following formula:

Price Elasticity of Supply = (Percentage change in quantity supplied) / (Percentage change in price)

In this case, the percentage change in quantity supplied is 90%, and the percentage change in price is 30%. So:

Price Elasticity of Supply = (90%) / (30%) = 3

Price elasticity refers to the degree to which the quantity demanded or supplied of a good or service changes in response to a change in its price. It is calculated as the percentage change in quantity demanded or supplied divided by the percentage change in price.

Therefore, the price elasticity of supply for the new video game is 3.

To know more about price elasticity here

https://brainly.com/question/5078326

#SPJ4

if the shadow price for a resource is 1 and 150 units of the resource are added what happens to the optimal solution? assuming there are no other changes, the increase is within the allowable increase, and the solution is not degenerate.

Answers

If the shadow price for a resource is 0 and 150 units of the resource are added, there will be no change to the optimal solution D. no change This is because the shadow price indicates the marginal value of an additional unit of a resource at the current optimal solution.

When the shadow price is 0, it means that adding a unit of the resource will not change the optimal solution. Thus, adding 150 units of the resource will have no impact on the optimal solution. The Shadow price is a measure used in linear programming to calculate the impact of adding one unit of a particular resource to a problem. It is the difference between the objective function's maximum value and the objective function's value if the resource constraint is relaxed by one unit. The shadow price tells you how much extra profit you would get if you could increase the resource constraint by one unit.

In summary, if the shadow price for a resource is 0, adding 150 units of the resource will not change the optimal solution. Therefore, the answer is d) no change.

The Question was Incomplete, Find the full content below :

If the shadow price for a resource is 0 and 150 units of the resource are added what happens to the optimal solution?

a. decreases by an unknown amount

b. increases more than 0 but less than 150

c. increases by an unknown amount

d. no change

Know more about shadow price here:

https://brainly.com/question/30695369

#SPJ11

employees whose primary reason for working is to earn money have extrinsic work values. group of answer choices true false

Answers

"Employees whose primary reason for working is to earn money have extrinsic work values." is true because extrinsic work values are those which come from external sources such as money, benefits, and recognition.

Extrinsic work values can be beneficial, as they provide external motivation and recognition, but they are not necessarily meaningful in and of themselves. In contrast, intrinsic work values are those which come from within an individual, such as a desire to make a difference, a sense of purpose, or a com mitment to excellence. Intrinsic work values tend to be more meaningful and often result in greater job satisfaction and performance.

To know more about Extrinsic work values :

https://brainly.com/question/30544016

#SPJ11

a company has the following purchases and sales during march. using the fifo perpetual inventory method, what was the cost of the 22 units sold?.

Answers

During March, a company makes the following purchases and sales. The 22 units that were sold were purchased at a cost of $5940 using the fifo perpetual inventory method.

What Is a Perpetual Inventory System?

A program known as a perpetual inventory system continuously estimates your inventory using electronic records rather than a physical inventory. The inventory count can be updated in real time using inventory management software and procedures. This frequently signifies that employees use barcode scanners to record sales, purchases, or returns as they occur. This data is entered by workers into a database that is updated on a regular basis and keeps track of each change. The system's name comes from its automatic, or perpetual, inventory update, which sets it apart from the periodic approach.

To learn more about inventory visit :

https://brainly.com/question/15118949

#SPJ1

elasticity of demand measures group of answer choices how much buyers respond to a change in income. how much sellers respond to a change in price. how much buyers respond to a change in price. how much sellers respond to a change in income.

Answers

Elasticity of demand is defined as the measure of how responsive the quantity demanded of a good or service is to a change in any one of the determinants of demand. Elasticity of demand measures how much buyers respond to a change in price. The change in price of a good or service will lead to a change in quantity demanded of that good or service.

Elasticity of demand can be influenced by various factors such as a change in price, income, and availability of substitutes, among others. When the price of a good or service is increased, the quantity demanded of that good or service will decrease. Conversely, when the price of a good or service is reduced, the quantity demanded of that good or service will increase. Therefore, the elasticity of demand for a good or service can be calculated by dividing the percentage change in the quantity demanded by the percentage change in price. If the value obtained is greater than one, the demand is considered elastic. If the value obtained is less than one, the demand is considered inelastic. Elasticity of demand measures the responsiveness of buyers to a change in price. It helps firms to determine the price of their products and the total revenue earned from the sale of their products. If the demand for a product is elastic, a small change in price will lead to a large change in quantity demanded. Therefore, firms need to be careful when setting the price of their products if they want to maximize their revenue.

for more such questions on Elasticity .

https://brainly.com/question/5078326

#SPJ11

given that farming is a seasonal profession where farmers borrow money and pay it back after crops are harvested, predict what likely happened to farmers between 1929 to 1932. explain your reasoning.

Answers

The likely prediction for what will happen to farmers between 1929 and 1932 is that they will be unable to pay off their loans and so might see their lands repossessed.

What happened to farmers in the Great Depression ?

Between 1929 and 1932, the United States was in the midst of the Great Depression, which had a significant impact on the farming industry. During this time period, it is likely that many farmers experienced financial difficulties due to a combination of factors.

It is likely that many farmers were unable to pay back the loans they had taken out to finance their operations. This would have created a cycle of debt and financial hardship for many farmers, as they were unable to generate enough income from their crops to pay back their loans and cover their other expenses.

Find out more on farmers at https://brainly.com/question/6975419

#SPJ1

if a person buys a $100 bond with a nominal interest rate of 5 percent and the actual inflation rate is 5 percent for the year, what real interest rate did they earn in that year? 0 percent 5 percent 10 percent 20 percent indeterminate

Answers

The real return on the investment is zero percent, as the purchasing power of the money invested remains the same at the end of the year.

If the nominal interest rate of the bond is 5 percent and the actual inflation rate is also 5 percent, then the real interest rate earned on the bond would be zero percent.

The real interest rate takes into account the effects of inflation on the purchasing power of the money invested. In this case, although the nominal interest rate of 5 percent appears to provide a positive return, the inflation rate of 5 percent erodes the value of the money invested by the same amount.

Learn more about investment: https://brainly.com/question/27717275

#SPJ11

Answer:

The answer is: A) 0 percent

rachel johnson has net monthly income of $2,500. she has a monthly auto loan payment of $275, a student loan payment of $150, and a credit card minimum payment of $50. what is her debt-payments-to-income ratio?

Answers

Rachel Johnson's debt-payments-to-income ratio is 19%. The total amount of debt payments is $475.

Rachel Johnson's debt-payments-to-income ratio can be calculated as follows: Firstly, calculate the total amount of debt payments that Rachel Johnson makes each month. This includes her monthly auto loan payment of $275, student loan payment of $150, and a credit card minimum payment of $50.The total amount of debt payments is $275 + $150 + $50 = $475.

Secondly, divide the total amount of debt payments by Rachel Johnson's net monthly income. The result of this division will give her debt-payments-to-income ratio. The debt-payments-to-income ratio for Rachel Johnson can be calculated as: Debt-payments-to-income ratio = Total amount of debt payments / Net monthly income= $475 / $2,500= 0.19 or 19%. Therefore, Rachel Johnson's debt-payments-to-income ratio is 19%.

For more about income ratio:

https://brainly.com/question/30713650

#SPJ11

the work breakdown structure is the same thing as the project organization chart or structure. group of answer choices true false

Answers

The given statement" the work breakdown structure is the same thing as the project organization chart or structure" is False because The work breakdown structure (WBS) and the project organization chart or structure are not the same thing.

The WBS is a project management tool used to define and group a project's deliverables and tasks into smaller, more manageable components.

On the other hand, the project organization chart or structure is a visual representation of the roles and relationships between the individuals or teams working on the project. Therefore, the statement that the work breakdown structure is the same thing as the project organization chart or structure is false.

The WBS is typically a hierarchical structure with various levels of detail, starting with the highest-level components that represent the main deliverables of the project.

For example, the highest level may consist of four main deliverables, each of which is then broken down into smaller, more manageable tasks. The purpose of the WBS is to ensure that all of the tasks and components necessary to complete the project have been identified and that no task is overlooked.


On the other hand, the project organization chart or structure is a visual representation of the people, roles, and teams involved in the project. It typically shows the roles and responsibilities of each person or team, as well as their relationship to the other members of the project team.

It can also be used to identify who is responsible for each task or deliverable. The purpose of the project organization chart or structure is to ensure that everyone is aware of who is responsible for each task, as well as to create an efficient workflow and ensure that everyone is working together towards the same goal.


In conclusion, the work breakdown structure and the project organization chart or structure are not the same thing. The WBS is a tool used to define and group a project's deliverables and tasks into smaller, more manageable components.

The project organization chart or structure is a visual representation of the people, roles, and teams involved in the project. Therefore, the statement that the work breakdown structure is the same thing as the project organization chart or structure is false.

To learn more about work breakdown structure here:

https://brainly.com/question/3757134#

#SPJ11

a bank pays interest at the nominal rate of 4.1% per year. what is the effective annual yield of compounding is: round all answers to the nearest 0.01%

Answers

The effective annual yield of compounding is 4.1%.

To determine the effective annual yield of compounding, let's use the following formula:

Effective annual yield = (1 + (nominal rate/number of compounding periods))^number of compounding periods - 1

Where:

Nominal rate = 4.1%

Number of compounding periods = 1 (per year)

Plugging in these values, we get:

Effective annual yield =  (1 + (0.041/1))^1 - 1= (1.041)^1 - 1= 0.041 or 4.1% (Refer to the attachment below).

Therefore, the effective annual yield of compounding is 4.1%, which is the same as the nominal rate since there is only one compounding period per year.

Learn more about nominal rate here: https://brainly.com/question/30239259

#SPJ11

the primary question the entrepreneur is trying to answer with market research regarding their idea is what?

Answers

The primary question an entrepreneur is trying to answer with market research regarding their idea is what is the demand for the product or service?

Economic Questions: What, How, For Whom?

In order to meet the needs of its people, every society must answer three basic economic questions:

What should we produce?How should we produce it?For whom should we produce it?

A society (or country) might decide to produce candy or cars, computers or combat boots. The goods might be produced by unskilled workers in privately owned factories or by technical experts in government-funded laboratories.

Once they are made, the goods might be given out for free to the poor or sold at high prices that only the rich can afford. The possibilities are endless.

Although every society answers the three basic economic questions differently, in doing so, each confronts the same fundamental problems: resource allocation and scarcity.

Learn more about economic question at https://brainly.com/question/28321604

#SPJ11

which of the following is true of needs-based market segments? question 8 options: the usage behaviors that cause differences in needs include income and assets.

Answers

The correct statement about the needs-based market segments is "The usage behaviors that cause differences in needs include income and assets." Thus, Option A is correct.

Needs-based market segmentation is a method of dividing a market into segments based on the different needs and wants of individual customers. To make the segments actionable, it is important to determine observable demographics and behaviors that cause differences in needs.

This information can be used to tailor marketing strategies and product offerings to better meet the specific needs of each segment. Relevant demographics that cause differences in needs may include factors such as age, gender, income, education, and geographic location.

This question should be provided with answer choices:

A) To make the segments actionable, the observable demographics and behaviors have to be determined.B) Relevant demographics that cause differences in needs include investments, size of investment portfolio, and portfolio diversification.C) The main advantage is that individual customers who fall into each segment can be identified.D) The main disadvantage is that the segments are not directly based on specific customer needs.E) The usage behaviors that cause differences in needs include income and assets.

Learn more about market segment https://brainly.com/question/14225381

#SPJ11

download this spreadsheet with stock prices for 10 companies. attempt 1/10 for 1.5 pts. part 1 what was the monthly return for exxon (xom) from january to february 2010?

Answers

I am unable to download or view spreadsheets, but I can help you calculate the monthly return for Exxon (XOM) from January to February 2010. To do this, you need to follow these steps:

1. Find the stock price for XOM at the end of January 2010 and the end of February 2010 in your spreadsheet.
2. Use the formula for calculating the monthly return: (End of February price - End of January price) / End of January price.
3. Multiply the result by 100 to get the percentage return.

Once you have the stock prices from your spreadsheet, you can plug them into the formula and calculate the monthly return for Exxon from January to February 2010.

for such more questions on  percentage return.

https://brainly.com/question/30325145

#SPJ11

What are the costs and benefits to the U.S. economy of paying unemployment benefits for only a few months compared with paying benefits for a longer​ period, as Canada and countries in Western Europe​ do?
A.The benefit is that it increases the time workers spend searching for​ jobs; however, paying benefits for a longer period can raise the unemployment rate.
B.The benefit is that it raises the opportunity cost of job​ search; however, paying benefits for a longer period increases the time workers spend searching for jobs.
C.The benefit is that it lowers the opportunity cost of job​ search; however, paying benefits for a longer period may encourage workers to maintain their current spending.
D.The benefit is that it increases the incentive for workers to find a job more​ quickly; however, workers may be forced to take jobs for which their skills are not well suited.
This is the correct answer.

Answers

The cost and benefits to the U.S. economy of paying unemployment benefits for only a few months compared with paying benefits for a longer period, as Canada and countries in Western Europe do is that it increases the time workers spend searching for jobs; however, paying benefits for a longer period can raise the unemployment rate. Thus, option A is correct.

Unemployment benefits are financial assistance provided by the government to unemployed individuals who are actively seeking employment. These benefits are usually in the form of cash payments and are intended to provide temporary relief to unemployed workers while they search for new jobs. The benefits of paying unemployment benefits for a shorter period are that it increases the time workers spend searching for jobs.

When unemployed workers receive benefits for a shorter period, they are more motivated to find work quickly, which increases their chances of finding a job. This, in turn, boosts the economy since the unemployment rate decreases. However, one of the costs of paying unemployment benefits for a shorter period is that it may discourage some workers from accepting job offers that are not well-suited to their skills, which can lead to long-term unemployment.

The benefits of paying unemployment benefits for a longer period are that it reduces the financial burden on unemployed workers and may encourage them to continue spending, which can boost the economy. However, one of the costs of paying unemployment benefits for a longer period is that it can lead to long-term unemployment since workers may not be motivated to find work quickly. This can lead to a higher unemployment rate, which can negatively impact the U.S. economy in this case. Thus, option A is correct.

To learn more about unemployment benefits, visit: https://brainly.com/question/30109410

#SPJ11

how does a price ceiling set below the equilibrium level affect quantity demanded and quantity supplied?

Answers

Price caps below the equilibrium level have an impact on both supply and demand. If the price cap is placed below the equilibrium price, there will be a shortage since there will be more demand than supply.

The amount demanded will exceed the quantity provided if the price is below the equilibrium level. A shortage or an excess of demand will exist. The amount supplied will be greater than the quantity required if the price is higher than the equilibrium level. There will be an excess of supply or a surplus.The amount required will exceed the quantity provided when a price ceiling is set below the equilibrium price, leading to excess demand or shortages. Price floors stop a price from dropping below a specific markdown.

Read more about equilibrium level at

https://brainly.com/question/29507607

#SPJ4

As with the emergence of the Acoelomorpha phylum, it is common for ________ data to misplace animals in close relation to other species, whereas ________ data often reve…
As with the emergence of the Acoelomorpha phylum, it is common for ________ data to misplace animals in close relation to other species, whereas ________ data often reveals a different and more accurate evolutionary relationship.
a. molecular: morphological
b. molecular: fossil record
c. fossil record : morphological
d. morphological : molecular

Answers

As with the emergence of the Acoelomorpha phylum, it is common for molecular data to misplace animals in close relation to other species, whereas morphological data often reveals a different and more accurate evolutionary relationship. The correct option is option (a).

What's emergence of the Acoelomorpha phylum

The emergence of the Acoelomorpha phylum is an indication of how molecular data has the potential to misplace animals in close relation to other species. It is known that molecular data and morphological data are both used in the determination of evolutionary relationships of animals.

However, molecular data is prone to misplacing animals in close relation to other species, whereas morphological data often reveals a different and more accurate evolutionary relationship.

An example is the case of the Acoelomorpha phylum. Before the emergence of the Acoelomorpha phylum, it was initially placed in the Platyhelminthes phylum based on its morphological features, which include an absence of anus, presence of photoreceptor cells, and no brain.

However, the molecular data placed it close to the Xenoturbella species, which is known for its absence of a digestive tract and having a coelom

Learn more about molecular data at

https://brainly.com/question/16044878

#SPJ11

when a binding agreement for the purchase and sale of real property is created, the most immediate concern for a licensee involved in the transaction would be to

Answers

When a binding agreement for the purchase and sale of real property is created, the most immediate concern for a licensee involved in the transaction would be to ensure that the agreement is properly executed and that all parties are aware of the terms of the agreement.

What is a binding agreement?

A binding agreement is a formal contract between two or more parties that outlines the terms of an agreement. A binding agreement is legally binding, which means that it is enforceable by law if either party breaches the terms of the agreement.

What is the role of a licensee in a binding agreement for the purchase and sale of real property?

A licensee's role in a binding agreement for the purchase and sale of real property is to ensure that the agreement is properly executed and that all parties are aware of the terms of the agreement.

The licensee should be familiar with the legal requirements for executing a binding agreement and should make sure that all parties have a clear understanding of the terms of the agreement.

The licensee should also ensure that any necessary documents, such as deeds and mortgages, are properly executed and recorded, and that any necessary inspections or surveys are completed before the closing date.

Finally, the licensee should be available to answer any questions or concerns that may arise during the transaction and should help to resolve any issues that may arise.

To learn more about binding agreement, refer below:

https://brainly.com/question/29335454

#SPJ11

in its first month of operations, ivanhoe company made three purchases of merchandise in the following sequence: (1) 650 units at $8, (2) 750 units at $10, and (3) 850 units at $11. ivanhoe uses a periodic inventory system. calculate the weighted average

Answers

The Weighted Average Cost would be 7.11

In its first month of operations, Ivanhoe Company made three purchases of merchandise in the following sequence:

(1) 650 units at $8, (2) 750 units at $10, and (3) 850 units at $11.

To calculate the weighted average cost, we will use the following formula:

Weighted Average Cost = (Quantity 1 x Price 1 + Quantity 2 x Price 2 + Quantity 3 x Price 3)/(Quantity 1 + Quantity 2 + Quantity 3)

Plugging in the given values, we get:

Weighted Average Cost = (650 x 8 + 750 x 10 + 850 x 11)/(650 + 750 + 850)

Weighted Average Cost = 16,000/2,250 = 7.11

To know more about Weighted Average, click on the link below:

https://brainly.com/question/28042295#

#SPJ11

cash, fine art, and silver are alla.media of exchange.b.units of account.c.stores of value.d.extremely liquid assets.

Answers

Cash, fine art, and silver are all forms of stores of value, units of account, and mediums of exchange. They can be used to purchase goods and services, save for the future, and compare the value of different goods and services. Option a), b), and c) are the correct answer.

Cash, fine art, and silver are all forms of stores of value. A store of value is a form of asset that maintains its value over time. Cash is a liquid asset that can be used as medium of exchange, but it can also be saved for future use. Fine art, such as paintings and sculptures, can also be saved and exchanged for a higher value, depending on the type and condition of the artwork. Silver is also a store of value as it is a physical asset that can be exchanged or held for future use.


All of these forms of stores of value are also units of account, which is a standardized measure of value used to express the value of goods and services in a common unit. Units of account are also used to determine the cost of goods and services and to compare the costs of different goods and services.


Finally, these forms of stores of value are also mediums of exchange, which is a type of asset that can be used to purchase goods and services. Cash is the most common medium of exchange, but art and silver can also be used to purchase goods and services, depending on the value of the asset. Hence option a), b), and c) are the right answer.


Know more about mediums of exchange here:

https://brainly.com/question/29554161

#SPJ11

an american retailer purchased 100 pairs of shoes from a company in mexico in the second quarter of 2016 but does not sell them to a consumer until the third quarter of 2016. in which quarter(s) does(do) the value of the shoes add to u.s. gdp?

Answers

In the second quarter of 2016, US retailers were buying shoes from Mexico at the time, so the value of shoes would contribute to US GDP. Shoes only contribute to US GDP when sold to consumers. Therefore, this shoe will not contribute to US GDP until his third quarter of 2016.

In the context of GDP calculation, only the value of final goods and services produced within a country's borders during a given time period is counted. In this scenario, the 100 pairs of shoes were produced in Mexico and not within the United States. Therefore, the production of these shoes is not included in the US GDP calculation.

However, once the American retailer sells the shoes to a consumer in the third quarter of 2016, the value of the shoes will be included in the GDP calculation for that quarter. This is because the final sale of the shoes to the consumer represents a transaction within the United States, and thus adds to the country's GDP.

Here to learn more about GDP at the link

https://brainly.com/question/1383956

#SPJ11

mr. and mrs. bolt's joint return reports $267,500 agi, which includes $13,300 net investment income. compute the couple's unearned income medicare contribution tax.

Answers

Mr. and Mrs. Bolt's joint return reports $267,500 AGI, which includes $13,300 net investment income. The couple's unearned income Medicare contribution tax is computed as follows:

The Medicare Contribution Tax is an additional tax applied to net investment income. It applies to the lesser of the net investment income or the modified adjusted gross income above the threshold amount, depending on whether the taxpayer is single or married filing a joint return.

The couple's modified adjusted gross income is $267,500, which is above the threshold amount for married couples filing jointly of $250,000. Therefore, the couple is subject to the unearned income Medicare contribution tax on their net investment income of $13,300.

The unearned income Medicare contribution tax is computed as follows: Net investment income: $13,300. Threshold amount for married couples filing jointly: $250,000. Excess of modified adjusted gross income over threshold amount: $17,500 (267,500 - 250,000).

The lesser of net investment income or excess of modified adjusted gross income over threshold amount: $13,300Tax rate for unearned income Medicare contribution tax: 3.8% ($13,300 x 3.8%) = $506.40.

Therefore, the couple's unearned income Medicare contribution tax is $506.40.

To know more about Joint Returns, refer here:

https://brainly.com/question/7611503#

#SPJ11

keeps records of its customers and notifies them when it is time for an oil change. this is an example of . group of answer choices smart marketing data mining url marketing database marketing

Answers

The given statement "keeps records of its customers and notifies them when it is time for an oil change" is an example of a marketing database.

Marketing database is an electronic record of all relevant information regarding customers and potential customers that is used by a company for marketing purposes.

It is a centralized data store that houses and maintains all relevant data used in marketing campaigns. Marketing databases are designed to give a comprehensive view of each customer to marketers. It collects customer data through various channels, including websites, social media, customer support tickets, and email campaigns.

The data collected from these channels include Customer demographics, Purchase history, Behavioral data, interests, etc.

A company that maintains an up-to-date marketing database can use it to create targeted and personalized marketing campaigns that increase customer engagement, loyalty, and retention.

Therefore, the database keeps track of its customers and sends notifications when it is time for an oil change, indicating that it utilizes a marketing database as part of its customer outreach and retention strategies.

To know more about marketing databases click here:

https://brainly.com/question/28505285

#SPJ11

the process where a company attempts to recover costs by increasing the price for a product with decreasing demand describes the

Answers

The process where a company attempts to recover costs by increasing the price for a product with decreasing demand describes the process of price skimming.

The explanation given in the question really contrasts with price skimming, a pricing tactic where a business sets a high initial price for a new good or service and then progressively reduces the price over time as demand declines.

Price gouging is the practise of a business trying to recover costs by raising the price of a good when there is a decline in demand. Price gouging is when a vendor raises prices for products or services that customers need by taking advantage of a brief shortage or an exceptional rise in demand.

To know more about price skimming. here

https://brainly.com/question/31261171

#SPJ4

according to the proponents of evidence-based management (ebm), what does it mean to treat your organization as an unfinished prototype?

Answers

Evidence-Based Management (EBM) is an approach to decision-making which takes into account both quantitative and qualitative data to develop strategies and inform decisions. The concept of treating an organization as an unfinished prototype is based on the idea of using data and testing to improve and evolve. This approach encourages organizations to remain agile and open to experimentation in order to discover the most effective ways of working.

According to EBM proponents, treating an organization as an unfinished prototype means looking for opportunities to test and experiment with different strategies, processes, and policies to see which ones are the most effective. This is done with the understanding that the organization will never be “finished” and is always a work in progress. By constantly testing and iterating, an organization can better understand the most effective and efficient ways of working, enabling it to become more successful in the long run.


EBM advocates suggest that organizations should design and experiment on small scale, running tests with limited data in order to understand what works best. This approach is often referred to as ‘agile development’ and allows for rapid prototyping and learning from the results. By testing hypotheses in this manner, organizations can quickly determine the best strategies for meeting their objectives and the best ways of working for their teams. The process of testing and iterating can be used to constantly improve existing processes and create new ones.

Learn more about Evidence-Based Management (EBM) here: https://brainly.com/question/30319502

#SPJ11

The US economy depends heavily on the retail sector because of all of the following EXCEPT:-the US retail industry significantly increases the gross domestic product (GDP)-retailing adds over a trillion dollars in value added to the economy-retail sales do not add to the nominal GDP-retailing accounts for a large percThe US economy depends heavily on the retail sector because of all of the following EXCEPT:-the US retail industry significantly increases the gross domestic product (GDP)-retailing adds over a trillion dollars in value added to the economy-retail sales do not add to the nominal GDP-retailing accounts for a large percent of total non-farm workers in the economyretail sales do not add to the nominal GDP_______ is an emerging retailing strategy that employs market data to best serve customers as they prepare to make a purchase. It focuses on understanding how a brand's target customers behave as shoppers.Shopper marketingSport Time Inc., a multinational retail corporation, uses a device that sends customers a marketing message via email or text when they are near a store. This is an example of:a beaconTuesday Morning offers close-outs of well-known brands and other discounted products such as jams and chocolate. The successful retailing model that Tuesday Morning uses is based on providing high-quality products and excellent customer service to attract customers to the store but never replenishing specific inventory items. This strategy does all of the following EXCEPT:-allow for a very lean operation-allow for a very costly operation-create an aura of exclusivity around each item-draw customers back to the store to look for new productsallow for a very costly operation

Answers

Regarding the US economy's reliance on the retail industry, the statement Retail sales do not increase nominal GDP is untrue.

What role does the retail sector play in the economy?

Retail sales are an important economic indicator since consumer spending accounts for a major amount of our economy. Think about all the individuals and organisations involved in the production, promotion, and retail of the goods you consume on a daily basis, such as food, clothing, petrol, and so forth.

What is an instance of the retail industry?

Customers' purchases are the main emphasis of retail enterprises. Retailers offer a variety of goods such as clothing, jewellery, home goods, small appliances, electronics, pharmaceuticals, as well as a number of services like tool and equipment rentals.

To know more about GDP visit:-

https://brainly.com/question/30111703

#SPJ1

going through documents discarded by your bank to obtain information in order to access your bank account is an example of

Answers

Going through documents discarded by your bank to obtain information in order to access your bank account is an example of identity theft.

Identity theft is the fraudulent act of stealing an individual's personally identifying information, such as their name, social security number, or credit card number, and using it for malicious purposes such as unauthorized purchases or gaining access to bank accounts. It is a severe offense that can result in substantial financial and personal harm.

The following are some common examples of identity theft:

1.Spear Phishing

2.Smishing

3.Social Engineering

4.Vishing Malware

5.Physical Theft of Information

6.Skimming

7.Phishing

8.Pretexting

9.Dumpster Diving

Apart from the above-discussed examples, there are many more that you need to be aware of to protect your personal information from being stolen or misused. To keep your bank account and other sensitive information secure, it's best to keep a watchful eye and only give out personal information when it is genuinely necessary.

To know more about identity theft, refer here:

https://brainly.com/question/20368787#

#SPJ11

Other Questions
you have been called to the scene of a fatal car crash where a laptop computer is still running. what type of field kit should you take with you? extensive-response kit initial-response kit lightweight kit car crash kit Convert 1.19rads to degree What is the difference between geomatics and land surveying what is the distance between your eye and the image of the butterfly in the mirror? explain your answer. a hybrid vehicle has a mileage rating of 22 km/l. what is the gas mileage in miles per gallon? (given: 1 mi can you draw a graph that has six vertices with degrees 5, 4, 3, 2, 2, 2? (this list is called the degree sequence of the graph.) is there more than one way to draw such a graph? what does the sum of the numbers in the degree sequence equal? can you draw a graph with degree sequence 3, 3, 2, 1, 1? what about 4, 3, 2, 1, 1? the first-- or lowest-- level of federal courts (of which there are 94 nationwide), which actually try the cases is comprised of the: Identify the items under the First Amendment that protects Freedom of Speech and Freedom of the Press Read the following excerpt from John F. Kennedy's "Address at Rice University on the Nation's Space Effort" Then, respond to the question that follows.If this capsule history of our progress teaches us anything, it is that man, in his quest for knowledge and progress, is determined and cannot be deterred. The exploration of space will go ahead, whether we join in it or not, and it is one of the great adventures of all time, and no nation which expects to be the leader of other nations can expect to stay behind in the race for space.Those who came before us made certain that this country rode the first waves of the industrial revolutions, the first waves of modern invention, and the first wave of nuclear power, and this generation does not intend to founder in the backwash of the coming age of space. We mean to be a part of itwe mean to lead it. For the eyes of the world now look into space, to the moon and to the planets beyond, and we have vowed that we shall not see it governed by a hostile flag of conquest, but by a banner of freedom and peace. We have vowed that we shall not see space filled with weapons of mass destruction, but with instruments of knowledge and understanding.Yet the vows of this Nation can only be fulfilled if we in this Nation are first, and, therefore, we intend to be first. In short, our leadership in science and in industry, our hopes for peace and security, our obligations to ourselves as well as others, all require us to make this effort, to solve these mysteries, to solve them for the good of all men, and to become the world's leading space-faring nation.We set sail on this new sea because there is new knowledge to be gained, and new rights to be won, and they must be won and used for the progress of all people. For space science, like nuclear science and all technology, has no conscience of its own. Whether it will become a force for good or ill depends on man, and only if the United States occupies a position of pre-eminence can we help decide whether this new ocean will be a sea of peace or a new terrifying theater of war. I do not say the we should or will go unprotected against the hostile misuse of space any more than we go unprotected against the hostile use of land or sea, but I do say that space can be explored and mastered without feeding the fires of war, without repeating the mistakes that man has made in extending his writ around this globe of ours.There is no strife, no prejudice, no national conflict in outer space as yet. Its hazards are hostile to us all. Its conquest deserves the best of all mankind, and its opportunity for peaceful cooperation may never come again. But why, some say, the moon? Why choose this as our goal? And they may well ask why climb the highest mountain? Why, 35 years ago, fly the Atlantic? Why does Rice play Texas?We choose to go to the moon. We choose to go to the moon in this decade and do the other things, not because they are easy, but because they are hard, because that goal will serve to organize and measure the best of our energies and skills, because that challenge is one that we are willing to accept, one we are unwilling to postpone, and one which we intend to win, and the others, too To be sure, we are behind, and will be behind for some time in manned flight. But we do not intend to stay behind, and in this decade, we shall make up and move ahead.The growth of our science and education will be enriched by new knowledge of our universe and environment, by new techniques of learning and mapping and observation, by new tools and computers for industry, medicine, the home as well as the school. Technical institutions, such as Rice, will reap the harvest of these gains.And finally, the space effort itself, while still in its infancy, has already created a great number of new companies, and tens of thousands of new jobs. Space and related industries are generating new demands in investment and skilled personnel, and this city and this State, and this region, will share greatly in this growth. What was once the furthest outpost on the old frontier of the West will be the furthest outpost on the new frontier of science and space. Houston, your City of Houston, with its Manned Spacecraft Center, will become the heart of a large scientific and engineering community John F. Kennedy's "Address at Rice University on the Nation's Space Effort?" contains numerous examples of figurative language. Examine the speech, paying close attention to the figurative language devices used.In a well-written paragraph of 57 sentences:explain the overall purpose of Kennedys speechselect two of the bolded figurative language devices from Kennedy's speech and identify the type of device used for eachexplain how the use of the figurative language you have selected helped develop the overall message and purpose of the speech Which statement best explains why none of Queen Victorias daughters had hemophilia? Males with hemophilia must inherit the gene from their father since it is a recessive trait. Hemophilia is a dominant trait that can only be passed down by the father. Hemophilia can only be inherited by male offspring. Females with hemophilia must inherit the gene from both parents to be affected. would a point closer to the center of the hard drive have a higher, lower, or the same linear acceleration? where is the olecranon?on the proximal end of the ulnaon the proximal end of the humeruson the proximal end of the radiuson the distal end of the radius Why would theoretical muzzle velocity be lower than measured muzzle velocity? percentage change in quantity demanded is calculated as (point approach) _____responses initial quantity demanded divided by the change in quantity demanded. initial quantity demanded divided by the change in quantity demanded. the change in quantity demanded divided by the initial quantity demanded. the change in quantity demanded divided by the initial quantity demanded. the change in elasticity divided by the quantity demanded. what additional considerations should be made for uniformed service members eligible for care with a positive laboratory pregnancy test (ref: afi 44-102)? Does anyone have the answers to Edmentum's Unit 3 Post Test: Extending to Three Dimensions? You pick a card at random. 6 7 8 9 What is P(less than 8)? the desire for warm, stable relationships that are otherwise unobtainable in the prison environment often leads the female inmate to: which precipitating factors for depression would be common in the older adult without neurocognitive problems what is defined as the ultimate determination of the success or failure of a supply chain information system?