Sunny pet supplies divides the pet market according to the owners' race, occupation, income, and family life cycle. what type of segmentation does sunny pet supplies use?
There are four types of market segmentation
1. Demographic – segments a population based on age, gender, size of family, earnings, work, religion, ethnic race, and nationality.
2. Behavioral –segments on the basis of their behavior, usage and decision-making pattern.
3. Psychographic - uses people’s lifestyles, their activities, and interests
4. Geographic - uses location as basis
From the given definitions, Sunny Pet uses the demographic type of segmentation.
Some companies use automated payment processing technology in which paper checks that may arrive at a lockbox are converted into electronic payments then the check itself is destroyed. this process is referred to as
The answer in the given statement above is the accounts receivable conversion. This type of process allows an individual to receive the amount that he or she converts from paper check into a real amount when scanned under an electronic machine in which is being described above.
The process where paper checks are converted into electronic payments and the physical check is destroyed is called Check Truncation. It's a method used by businesses and financial institutions to streamline payment processes and increase efficiency.
Explanation:
The process which you're referring to, where paper checks are converted into electronic payments and then the physical check is destroyed, is typically called Check Truncation. This is a common procedure done by financial institutions and businesses to streamline their payment processing system, reduce operational costs, and increase efficiency. Rather than storing and managing physical checks, the electronic version, normally an image of the check, is used for record-keeping and verification. This is particularly important in business transactions where large amounts of checks are processed wherein manual handling can be very time-consuming and prone to human error.
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Rebekkah loves the twilight series of movies. she owns every video and book about the series. she also starts her own website where she posted twilight-related news for other fans. her website is a an example of
Jewell-rung was a canadian corporation that imported and sold men's clothing wholesale. haddad was a new york corporation that manufactured and sold mens clothing under the
All the employees at agyris fence, inc. were sad when mr. agyris, the founder of the company, died. the remaining agyris managers decided that the company needed new ideas, so they hired mr. solaris, the ceo of a rival fencing company, to run the firm
The scenario involves business management decisions, where a company hires a new leader from a rival firm to bring in fresh ideas after the death of their founder. This is a situation typical in the field of business.
Explanation:The situation described involves the leadership and management changes within a company, which categorizes this question as a business subject matter. Specifically, it deals with organizational behavior and executive management. When Agyris Fence, Inc. experienced the death of its founder, Mr. Agyris, the company faced a transitional period. The managers, seeking new ideas and direction, decided to appoint Mr. Solaris, previously the CEO of a rival company, as their new leader. This move likely aims at infusing new strategies, perspectives, and practices into Agyris Fence, Inc. to steer the company toward future success. Such strategic hiring is common in the business world as companies often look for experienced executives to energize their operations and encourage growth.
Why should companies be careful to report cash and cash equivalents correctly?
The ability to raise external capital is an example of a firm’s _____.
a. financial resources
b. intangible resources
c. technological resources
d. human resources
If nominal gdp = $4.5 trillion and the gdp deflator is 150, then real gdp is equal to:
If nominal Gdp
= $4.5 trillion and the
Gdp deflator is 150, then real Gdp is equal to 3 trillion. According to
investopedia, “GDP stands for gross domestic product and is the measure of the
total economic output of the goods and services of a country. GDP is usually
expressed on an annual basis, but is sometimes expressed on a quarterly basis
within a year”. While Real GDP is defined as “equal to the economic output adjusted for the
effects of inflation. Nominal GDP is economic output without the inflation adjustment”.Lastly,
Nominal GDP is defined as usually higher than real GDP because inflation is
typically a positive number. Nominal GDP is used when comparing different
quarters of output within the same year. When comparing the GDP of two or more
years, real GDP is used because, by removing the effects of inflation, the
comparison of the different years focuses solely on volume.
You studied for an exam and received an "A." The "A" is an example of a _____ .
Non Monetary Incentive I believe!
Suppose the price level reflects the number of dollars needed to buy a basket of goods containing one can of soda, one bag of chips, and one comic book. in year one, the basket costs $10.00. in year two, the price of the same basket is $9.00. from year one to year two, there is
If julio ruiz has an income of $30,000, pays $6,000 in rent, $1,200 in utilities, and $5,000 in taxes per year, is disposable income is
Donald Trump, real estate and entertainment mogul, is an entrepreneur
True or False
Brite plating company has lost a number of valuable employees to competitors. it recently gave employees a substantial raise, but turnover remains high. this is a reflection that, according to herzberg's motivation-hygiene theory, money is considered to be a(n) _______ factor.
B. if winston had kracker's number of days' sales in inventory, how much additional cash flow would have been generated from the smaller inventory relative to its actual average inventory position? round interim calculations to one decimal place and your final answer to the nearest million.
To compute Winston's additional cash flow if it had Kracker's DSI, we need to get the difference between their DSIs, calculate Winston's average daily sales and multiply the two results.
Explanation:To calculate Winston's additional cash flow if it had Kracker's number of days' sales in inventory, we need to follow these steps:
First calculate Days' Sales in Inventory (DSI) for Kracker. DSI is computed as (Inventory/Net Sales) x365.Subtract Winston's DSI from Kracker's DSI to find out the reduction in inventory days if Winston had Kracker's DSI.Then, calculate the average daily sales (Net Sales/365) for Winston.Finally, multiply the reduction in inventory days by the average daily sales. This would give the amount of additional cash flow created due to the reduction in inventory.Please note this is a simplification, assuming that all else remains constant and that there are no financing costs or lost sales due to lower inventory.
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A potential employer informs helen that he would like her to provide references for him to contact. what information should helen include for each reference?
The definition "'parlor' means a room for receiving visitors" is an example of:
a. an etymological definition.
b. a precising definition.
c. a theoretical definition.
d. a definition by subclass.
e. a definition by genus and difference.
Answer: An etymological definition
Hope this helps!
You have just been assigned a training event in your organization. since the training event will consist of purely adults, explain the considerations you should take into account.
The term applied to the periodic expiration of a plant asset's cost is
Small business owners can seek professional advice at no cost through ________.
The upward-sloping part of the long-run average cost curve is explained by:
Why is organizational membership considered a form of social capital? what is the relationship between social capital and inequality?
You receive an invoice for $565.00 with terms 3/10, net 30. If you pay it immediately, how much will you pay? A. $551.25 B. $558.05 C. $548.05 D. $559.95
To determine the payment amount if you pay an invoice with terms 3/10, net 30 immediately, calculate 3% of the invoice as a discount and subtract it from the original amount. In this case, pay $548.05, saving $16.95. The correct answer is C.
Explanation:If you receive an invoice for $565.00 with terms 3/10, net 30, and you decide to pay it immediately, you can calculate your discount and final payment as follows. The terms 3/10, net 30 means that you can take a 3% discount on the invoice amount if the payment is made within 10 days; otherwise, the full amount is due in 30 days.
Here's how to calculate the discount and final payment amount:
Calculate 3% of $565.00 which is $565.00 × 0.03 = $16.95.Subtract the discount from the total invoice to find out how much you will pay: $565.00 - $16.95 = $548.05.Therefore, if you pay the invoice immediately, you will pay $548.05. The correct answer is C.
You have been hired by a small architectural firm interested in implementing a knowledge management system. what features do you think would be of most benefit to them?
One of the reasons items manufactured in southeast asia are imported into the united states less expensively is that workers are paid a small amount of money for each item produced. the manufacturers operating in southeast asia use what type of pay plan?
What type of targeting is strategy is boyle's strength & conditioning likely using?
A concentrated marketing strategy and is targeted to one specific market segment or audience. An examples is, a company might market a product specifically for teenage girls, or a retailer might market his business to residents in a specific town. It is also often geared for smaller groups of people, because they are designed to appeal to a specific segment.
A targeting strategy is a strategy used to make sure the marketing efforts are directed to the right potential customers. When a product or service is developed, the audience for which it was developed for is decided as well. Then, the marketing team focuses on how to direct their marketing items to reach that audience. When they reached their audience, they've succeeded in their target strategy.
Problem 8.3 question help you have been asked to analyze the bids for 200200 polished disks used in solar panels. these bids have been submitted by three suppliers: thailand polishingthailand polishing, india shineindia shine, and sacramento glowsacramento glow. thailand polishingthailand polishing has submitted a bid of 2 comma 2002,200 baht. india shineindia shine has submitted a bid of 2 comma 2002,200 rupee. sacramento glowsacramento glow has submitted a bid of $ 220$220. you check with your local bank and find that $1 = 1010 baht and $1 = 88 rupee. the price per unit for thailand polishingequals=$ nothing. (enter your response rounded to the nearest penny.) enter your answer in the answer box and then click check answer. 2 parts remaining clear all check answer
We know that $1 = 8 rupee
And $1 = 10 baht
So if Thailand polishing gives a bid of 2,200 baht. To get the price per unit, you need to divide 2,200 to 10 baht to get how many dollars you can get from that. So 2,200 divided by 10 = $220 and divide this by 200 since there are 200 polished disks. So the price per unit would be 1.1.
The same goes for the other two suppliers.
For India Shine = 2,200 rupee. Since it is rupee, you need to divide it by 8 since 1 dollar is equals to 8 rupee. 2,200 divided by 8 = 275 then divide this by 200, you’ll get 1.38 per unit.
And for Sacramento Glow, $220. No need to convert since it is already in dollars. Just look for the price per unit. 220 divided by 200, the result is 1.1.
The price per unit for Thailand Polishing is $1.10, calculated by converting the total bid price from baht to dollars using the current exchange rate, and then dividing by the number of units.
Explanation:To calculate the price per unit for Thailand Polishing in dollars, you would divide the total price in baht by the current exchange rate (baht per dollar), and then divide that by the number of units (disks). Based on the data provided, Thailand Polishing has submitted a bid of 2,200 baht, and the current exchange rate is 10 baht per dollar, so the total cost in dollars would be 220 dollars. Then, since the bid is for 200 polished disks, the price per unit would be 220 dollars divided by 200 units, which equals $1.10 per unit.Learn more about Currency Conversion here:https://brainly.com/question/11171380
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The estimated monthly sales of mona lisa paint-by-number sets is given by the formula q = 97e−3p2 + p, where q is the demand in monthly sales and p is the retail price in hundreds of yen. (a) determine the price elasticity of demand e when the retail price is set at ¥400. e = interpret your answer. the demand is going by % per 1% increase in price at that price level. thus, a large price is advised. (b) at what price will revenue be a maximum? hundred yen (c) approximately how many paint-by-number sets will be sold per month at the price in part (b)? (round your answer to the nearest integer.) 17 paint-by-number sets per month
To determine the price elasticity of demand when the retail price is set at ¥400, we use the formula e = Δq/Δp * p/q. The maximum revenue is found by finding the critical points of the revenue function. To calculate the number of sets sold at the price that maximizes revenue, we substitute the price into the demand function.
Explanation:The price elasticity of demand can be calculated using the formula: e = Δq/Δp * p/q. To determine the price elasticity of demand when the retail price is set at ¥400, we substitute the values into the formula: e = Δq/Δp * p/q = 97e^(-3p^2 + p) = 97e^(-3(4)^2 + 4) = 97e^-28. The interpretation of the price elasticity of demand depends on its magnitude. Since it is not specified in the given information, we cannot determine whether a large price increase or decrease is advised.
The maximum revenue will occur when the derivative of the revenue function with respect to the price is equal to zero. Using the formula for the revenue function: R(p) = p * q, we substitute the demand function into the revenue function: R(p) = p * (97e^(-3p^2 + p)). We can find the maximum revenue by finding the critical points of this function.
To determine the number of paint-by-number sets sold per month at the price that maximizes revenue, we substitute the price into the demand function: q = 97e^(-3p^2 + p). Plugging in the price obtained from part (b), we can calculate the number of sets sold.
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The price elasticity of demand can be calculated by finding the derivative of the demand function and then using the elasticity formula. Revenue maximization occurs at a price where the derivative of the revenue function equals zero. The number of paint-by-number sets sold at this price is found by inserting the price into the demand equation.
Explanation:To determine the price elasticity of demand (e) when the retail price is set at ¥400, we first need to convert the price to hundreds of yen, meaning p=4. Next, we need to calculate the first derivative of the demand function, q = 97e^(-3p^2) + p with respect to p, and then evaluate this derivative at p=4. Once we have the derivative, we can use the formula for elasticity which is e = (p/q) * (dq/dp).
To find the revenue-maximizing price, we would need to find the derivative of the revenue function, R = p*q, with respect to p, and set this derivative to zero to find the critical point(s). This will give us the price at which the revenue is maximized. In practice, we would differentiate the quantity function q with respect to p, multiply by p and add q, and then set the resulting derivative equal to zero.
Finally, after finding the optimal price for maximum revenue, we would plug this price back into the original demand function to find the monthly sales volume.
One change that seth mentions is the plantbottle. another is using grape juice instead of sugar to sweeten drinks. what is true about these changes?
The PlantBottle and the use of grape juice as a sweetener have impacts on sustainability and health.
Explanation:Sustainability and health are interconnected. Promoting sustainable practices in areas like food, transportation, and energy can enhance public and environmental health, mitigating issues like pollution and climate change. The changes mentioned, such as the PlantBottle and using grape juice instead of sugar to sweeten drinks, have impacts on sustainability and health.
PlantBottles are made from plastics derived from plants, reducing the reliance on fossil fuels and reducing carbon emissions. Grape juice as a sweetener is a healthier alternative to sugar, as it contains natural sugars and may have additional health benefits from antioxidants present in grapes. These changes contribute to sustainability efforts and offer healthier options for consumers.
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According to the discussion of the "color of money," blue money is
Final answer:
Blue money historically signifies wealth shown through the use of costly blue pigments, representing opulence and power, and is connected to aristocracy and noble status.
Explanation:
When discussing the "color of money," blue money refers to wealth that is displayed or signified by the use of expensive blue pigments. Historically, blue pigments like those derived from lapis lazuli were costly and indicated a considerable expense, often used as a status symbol to represent wealth, opulence, and power. This concept of blue as a color of significance is also mirrored in expressions like "blue blood," associated with aristocracy and nobility, due to their ability to afford such expensive hues in their clothing and artwork.
In modern contexts, the term "color of money" might refer to the broader symbolism of money in society, where color is used metaphorically to discuss different aspects of economy or the societal impacts of wealth and money. The color most commonly associated with money in this context is green, symbolizing the paper currency in many countries, including the United States.
If local shell gasoline stations look at bp stations' prices as the primary method of determining its own prices, shell is using ________
If Shell Gasoline uses BP stations' prices as a benchmark for determining its own, Shell is employing a pricing strategy known as competitive pricing. In this approach, prices are set based on a competitor's price rather than factors like production costs or market value. It's a common strategy in highly competitive industries like petrol.
Explanation:If local Shell Gasoline stations look at BP stations' prices as the primary method of determining its own prices, Shell is using competitive pricing. Competitive pricing is a strategy where a product's price is set based on the price of a competitor's product rather than production costs or market value. In this scenario, Shell Gasoline is clearly basing its price points on the existing prices of BP stations.
Let's take an example to better understand this. If BP sells gasoline at $3.00 a gallon, Shell may decide to price its gasoline at the same price or slightly lower, say $2.95 a gallon, to attract customers without creating a potential surplus. This strategy helps the company stay in line with market competition and makes it an attractive choice for consumers.
This strategy is a common practice in various industries, especially in those with high levels of competition, such as the petrol industry. Businesses keep a close eye on what their competitors are charging to ensure they're not pricing themselves out of the market.
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