Identify the principle of competitive advantage that is associated with product implementations.
Megan johnson owns a kitchen and bathroom cabinet company. her market research is telling her that she is taking business away from the large home improvement stores in her trade area. one thing that megan is worried about is that the large stores might fight back by lowering their prices, which hurts everyone except the consumer. the day-to-day challenge of firm growth that this example is referring to is ________.
What will the multiplier be when the mps is 0, 0.4, 0.6, and 1? what will it be when the mpc is 1, 0.90, 0.67, 0.50, and 0? how much of a change in gdp will result if firms increase their level of investment by $8 billion and the mpc is 0.80? if the mpc instead is 0.67?
Final answer:
The economic 'multiplier' shows how initial investment changes can affect the total GDP. With an MPC of 0.80, an $8 billion investment increase leads to a $40 billion GDP change; with an MPC of 0.67, it leads to a $24 billion change.
Explanation:
The multiplier reflects the degree to which a change in economic activity will affect total economic output. It is closely related to the Marginal Propensity to Save (MPS) and the Marginal Propensity to Consume (MPC). When the MPS is 0, 0.4, 0.6, and 1, the corresponding multipliers, computed as 1/(1 - MPC), will be in theory infinite, 2.5, 1.67, and 1, respectively. Similarly, when the MPC is 1, 0.90, 0.67, 0.50, and 0, the multipliers will be infinite, 10, 3, 2, and 1, respectively.
For the change in GDP resulting from an $8 billion increase in investment with an MPC of 0.80: the multiplier is 1/(1 - 0.80) = 5. Thus, the change in GDP would be 5 times $8 billion, which is $40 billion. If the MPC is instead 0.67, the multiplier will be 1/(1 - 0.67) = 3, resulting in a change of $24 billion in GDP.
An error value begins with a(n) _____ followed by an error name that indicates the type of error.
When we think of successful music entertainment groups of the past sixty years, the beatles™ almost always appear in the top 5! in the early days, the entertainment group's life cycle could have ended as so many other rock groups do—here today, gone tomorrow. the four musicians were definitely creative and passionate about their craft and genre of music. as the informal leader of the group, john lennon _____________ the others to make important compositional contributions. all four members had the opportunity to create musical compositions and receive copyright credit for their contributions?
Identify which principle applies to each scenario by placing the appropriate label next to each scenario.
Andrea won the miss illinois beauty pageant the year she graduated from college. knowing this, the amount of money she will earn over the course of her adult lifetime is most likely to be _____ that of her peers
Exploratory research would be used to gather data about the market potential for a new product.
a. True
b. False
Answer:
The correct answer is letter "B": False.
Explanation:
Market Research is the process a company uses to asses the viability of a new product or service. It reveals the details of a company's target market and what consumers think about the product before it is widely released. Companies can hire third-party providers or do the research themselves. Techniques include surveys, product testing, and focus groups.
Your auto insurance policy has a $200 monthly premium and $700 deductible. What is the maximum amount you will have to pay out-of-pocket for a car accident before your insurance covers your costs? A $200 B $500 C $700 D $900
Answer
Maximum amount you will have to pay out-of-pocket for a car accident be $700 .
Explanation:
Definition of deductible
Deductible is the amount paid by the policy holder before an insurance company will pay any expenses.
Therefore $700 be the maximum amount you will have to pay out-of-pocket for a car accident before your insurance covers your costs .
Lana owns a house worth $325,000 and has a mortgage of $245,000. She owns a guitar worth $750. She also owns a car worth $15,000 and has $9,000 in car loans. She has $8,000 in stock investments and $2,100 in a savings account. What is Lana’s net worth?
Net worth = total assets - total liabilities
Your net worth is all of the non-financial and financial assets that a person or unit own minus all of the outstanding liabilities.
An asset is anything of value and a liability is all debt owed.
Total assets
325,000 (house) + 750 (guitar) + 15,000 (car) + 8,000 (investments) + 2,100 (savings)
=350,850
Total liabilities
245,000 (mortgage) + 9,000 (car loans)
=254,000
Net worth
350,850 − 254,000
=96,850
Your company started using a new shipping company two months ago. during your short relationship with the company, you notice that it regularly inflates its shipping rates, fails to meet scheduled deliveries, and loses packages. you decide to write a letter to them ending the business relationship. what are your goals when responding to the previous scenario? check all that apply.
When ending a business relationship with a problematic shipping company, your goals should be clear communication of your intent, proper documentation through a business termination letter, and expression of issues leading to this decision. You should also consider giving the company an opportunity for rebuttal or improvement.
Explanation:Your main goals when writing a letter to end the business relationship with the shipping company should include the following:
Clear communication of your intent to terminate the relationship.Writing a formal business termination letter to document the end of the business relationship.Expressing the reasons for your decision, specifying issues, such as inflated shipping rates, failure to meet delivery schedules, and loss of packages that negatively impacted your businessMoreover, it would be professional to give them a chance for rebuttal or improvement.
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The goals in responding to the scenario of ending a business relationship with a shipping company are to communicate the decision, provide reasons, and express a desire for a smooth transition or resolution.
Explanation:The goals when responding to the given scenario of ending a business relationship with a shipping company that regularly inflates its rates, fails to meet scheduled deliveries, and loses packages are:
To clearly communicate the decision to end the business relationshipTo provide reasons for the decision, such as the regular inflation of shipping rates, failure to meet scheduled deliveries, and lost packagesTo express a desire for a smooth transition or resolution, such as arranging for the return of any remaining packages or outstanding issuesLearn more about Ending a business relationship here:https://brainly.com/question/37091147
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Does it make good strategic sense for lvmh to compete in all of its current segments? which of its product lines — wine and spirits, fashion and leather goods, perfumes and cosmetics, watches and jewelry, selective retailing, and other — do you think is/are most important to lvmh's future growth and profitability? should one or more of these current segments be discontinued? why?
Final answer:
LVMH's fashion and leather goods, along with selective retailing, are central to its future growth and profitability due to high margins and consumer demand. It remains strategic for LVMH to maintain all its segments to diversify risk and benefit from synergies across sectors.
Explanation:
It does make strategic sense for LVMH to compete in all of its current segments as they each provide a diversified risk and profit portfolio. However, the most important lines for LVMH's future growth and profitability are likely to be the fashion and leather goods, and selective retailing segments.
Fashion and leather goods have a high profit margin and a consistent demand given their association with luxury and quality. Selective retailing can capitalize on market trends and customer experiences, thus driving future revenue streams.
As per the strategy to discontinue any segment, there is no clear evidence that any of the current lines should be discontinued without a thorough financial and strategic analysis. Each division contributes uniquely to the brand's synergy and corporate strength.
Match the task with professionals who would complete them
1. STEM: nanobiologist, statistician, automotive engineer.
"STEM" is a shortened form for sscience, technology, engineering, and mathematics. Transcendently, these are the fields in which new ventures, organizations, and human potential outcomes are imagined. STEM specialists take care of regular issues, examine and break down information about our general surroundings, and utilize their insight to outline everything from PC projects to prosthetic appendages. STEM specialists possess occupations extending from nourishment science professional to cartographer, designing director to database manager.
2. Information Technology: database administrator, computer help desk technician, video game designer.
Information technology (IT) is the utilization of any PCs, stockpiling, organizing and other physical gadgets, foundation and procedures to make, process, store, secure and trade all types of electronic information.
Commonly, IT is utilized with regards to big business activities rather than individual or diversion advances. The business utilization of IT includes both PC innovation and communication.
3. Arts, A/V Technology, and Communications: printing equipment operator, special effects artist, graphics illustrator.
The Arts, A/V Technology and Communications (AAVTC) Career Cluster centers around vocations in planning, delivering, displaying, performing, composing, and distributing media content including visual and performing expressions and outline, news coverage, and excitement administrations. Professions in the AAVTC Career Cluster require an inventive fitness, a solid foundation in PC and innovation applications, a solid scholastic establishment, and a capability in oral and composed correspondence.
The roles of the given professionals are shown below.
Roles of STEMThese are roles in Science, Technology, Engineering, and Mathematics. They will therefore involve science and math related careers such as:
NanobiologistAutomotive engineers,Statisticians. Roles of Information TechnologyThis relates to computer and internet technology. Roles here will therefore include;
Database administrator.Computer help desk technicians.Video game designers. Roles of Arts, AV/V Technology, and CommunicationsThese will include careers in the arts and those behind the technology to make art. They will include:
Special effects artistsGraphics illustratorsEquipment operators.Find out more on STEM roles at https://brainly.com/question/19362386.
Find a copy of the dodd 8570.01-m revision dated april 2010. what professional certifications comply with the 8570.01-m specification and workforce development program as defined by the dod?
Twitterme, inc., is a new company and currently has negative earnings. the company's sales are $2,300,000 and there are 170,000 shares outstanding. if the benchmark price–sales ratio for the company is 4.4, how much will you pay for the stock? (do not round intermediate calculations and round your answer to 2 decimal places,
e.g., 32.16.) current stock price $ if the benchmark price–sales ratio for the company is 3.8, how much will you pay for the stock? (do not round intermediate calculations and round your answer to 2 decimal places,
e.g., 32.16.) current stock price $
The marginal propensity to consume plus the marginal propensity to save is
The marginal propensity to consume plus the marginal propensity to save equals one.
Explanation:The marginal propensity to consume (MPC) plus the marginal propensity to save (MPS) equals one. This is because MPC and MPS represent the proportions of additional income that are consumed and saved, respectively.
For example, if the MPC is 0.9 (meaning 90% of additional income is consumed), then the MPS would be 0.1 (meaning 10% of additional income is saved).
This relationship between MPC and MPS is important in understanding how changes in income impact consumption and saving behaviors.
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With what kind of vocabulary should a person be familiar for reading the balance sheet of a restaurant easily?
A.) the names of all the items on the restaurant menu
B.) finance-related words such as depreciation, capital expenditure, etc.
C.)restaurant-related terms such as banquet, buffet, etc.
D.)marketing terms such as product lifestyle, customer lifetime value, etc.
E.)advertising terms, such as brainstorming, captions, etc.
Answer:
B.) finance-related words such as depreciation, capital expenditure, etc.
Explanation:
The kind of language needed to read a restaurant's balance sheet quickly, including terms like depreciation, capital expenditure, etc. related words of finance. hence option B is correct
What do you mean by vocabulary?All of the words and phrases that a person or group of people use or understand collectively constitute their vocabulary.
A toddler's entire language serves as an illustration of vocabulary.
When developing a balance sheet, a person should be familiar with financial terminology.
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The simplest and most effective way to lay out your business structure is to include
Aztec industries produces bread which goes through two operations, mixing and baking, before it is ready to be packaged. next year's expected costs and activities are shown below.
Answer: $5.00 per DLH
Explanation:
Compute Aztec's departmental overhead rate for the baking department based on direct labor hours.
$400,000 overhead costs / 80,000 Direct labor hours = $5.00 per DLH
One significant difference between traditional goal setting and management by objective is __________.
How can an employee take an ethical stand regarding a business decision when his or her superior already has taken a different position?
An employee can override his superior's position by sticking strictly to the business ethics and thereby backing with his viewpoints based upon true facts.
Business ethics shall always have a superseding effect on any of the decision taken by the top level management, even if the lower management is not in position to raise voice.
An employee may have his say before the final judgement is made and try to convince his/her superior to give him/her a reasonable opportunity of being heard.An employee may try to get away from any discussions that might lead to disputes between the employee and the employer or the superior level management.Every part of such explanation must be only based upon facts and in favor of the organization which will be best in the interest of the organization as a whole unit and hamper the growth.Hence, the employee should keep his viewpoints in front of the superior level management with discussions based upon facts and must not try to conflict self-interest with any agenda.
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It seems quite possible that cigarette companies concealed information about the effect of smoking on health, causing cigarette prices to be __________ and cigarette sales to be __________ than would have been the case under symmetric information. higher; higher higher; lower lower; higher lower; lower
Answer:
higher; higher
Explanation:
Tobacco and cigarettes companies actively enclosure or hid information from the public on the consequences and problems to the health that smoking had this was in order to keep their prices high and their sales high as well, they were affraid that if people would figure out the harm that the cigarettes do to the lungs and organism in general they´d stop smoking, nowadays there is even information and pictures of those diseases in cigarette packs and people keep smoking.
From late january through early february of 1972, john and yoko tape five shows as co-hosts for the emmy-winning _______________, featuring guests such as chuck berry and george carlin.
From late January through early February of 1972, John Lennon and Yoko Ono taped five shows as co-hosts for the Emmy-winning The Mike Douglas Show, featuring guests such as Chuck Berry and George Carlin.
John Lennon and Yoko Ono's appearance on The Mike Douglas Show represented a significant pop culture event. The show, known for its variety format and celebrity guests, was a daytime television staple. By featuring prominent figures such as legendary rock 'n' roller Chuck Berry and groundbreaking comedian George Carlin, the program emphasized a mix of entertainment and conversational depth. Their co-hosting period highlighted the intersection of popular music, comedy, and political activism that defined the era. Lennon and Ono brought their own unique blend of artistry and social commentary to the show, making their episodes among the most memorable in the show's history.
When a warehouse is rearranged to speed up order processing, "regrouping activities" are being performed?
) suppose that currency in circulation is $600 billion, the amount of checkable deposits is $900 billion, and excess reserves are $15 billion. assume that the required reserve ratio is 10%.
a. calculate the money supply, the currency deposit ratio, the excess reserve ratio, and the money multiplier.
Money supply = Currency in circulation + Checkable deposits.=600 + 900 = 1500 Billion
Current deposit ratio = Currency in Circulation/ Checkable deposits. = 600/900 = .667
Excessive reserve ratio = Excess Reserves/Checkable deposits.= 15/900 = .0167
Money multiplier = (1 + C)/(rr + ER + C)= (1 + .667)/ (.0278 + .0167 + .667) = 2.343
Suppose a relative has promised to give you $1,000 as a wedding gift the day you get engaged. assuming a constant interest rate of 7%, consider the present and future values of this gift, depending on when you become engaged.
An adjustment for Prepaid Rent would indicate the amount Question 10 options: expired. on hand. originally paid. of the trial balance.
"where would it make sense for managers to have wide spans of control?" check all that apply.
How much would howard steele need to invest today so that he may withdraw $12,000 each year for the next 20 years, assuming a rate of 8% compounded annually? (use the tables in the handbook.) $117,817.20 $454,144.00 $112,817.20 $549,144 none of these?
Answer:
$117,817.20.
Explanation:
We need to get how much would Howard Steele need to invest today so that he may withdraw $12,000 each year for the next 20 years, assuming a rate of 8% compounded annually. The annual withdrawal target is $12000 multiply by the PVIFA (8%, 20) which is equal to 9, 81810 .
For the target period the amount that need to be invested today is $117,817.20.
Please also refer to the attachment
Describe appropriate discretionary fiscal policy according to keynesian economics to smooth out the business cycle.