A local sporting goods store offers 30% off the local high school spirit wear during homecoming week, promotion is the correct answer
The use of promotion as a marketing tool helps suppliers and buyers communicate with one another. By doing this, the vendor seeks to persuade and influence customers to purchase their goods or services. It helps to inform consumers about the company, its goods, and its services.
Marketing promotion is characterised as a kind of interaction between a buyer and a seller in which a buyer persuades his or her audience to purchase the things being offered. The major goals of promotion are to build brand loyalty, interest in the product or service, and sales.
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If actual sales are $1,500,000 in the current year, what would be the forecasted sales for lockit in the coming year?
If actual sales are $1,500,000 in the current year, the forecasted sales for the lock it in the coming year.
The objective is to write equation 2 in the form Y = a + bx .
Denote the total cost by Y.
Assume that the fixed cost is given by a and that is equal to $1,000,000
Assume that the variable rate per unit is given by b = 0.00001
The total number of variables is x.
Hence, equation 2 can be written as,
Y = $1,000,000+ 0.00001x
The objective is to write equation 4 in the form Y = a + bx.
Denote the total cost by Y.
Assume that the fixed cost is given by a and that is equal to $600,000
Assume that the variable rate per unit is b.
Let locker net income is x₁,1 forecasted U.S. gross domestic product is x, and the Actual U.S.
gross domestic product is x3
Forecasting is the process of making predictions based on past and current data. Later you can compare these to what is actually happening. For example, a company may estimate revenue for the next year and compare it to actual results. Forecasting is a similar but more general term.
Forecasting is the process of projecting past sales demand into the future. By implementing a forecasting system, you can quickly assess current market trends and sales and make informed operational decisions. You can use forecasts to make planning decisions regarding: A sales forecast is a representation of an expected sales amount. A sales forecast estimates the amount a company plans to sell within a specific period of time (such as a quarter or a year). The best sales forecasts do this with a high degree of accuracy.
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____ is the process of designing a product for efficient production at the highest level of quality.group of answer choices
Design for Manufacturing or DFM is the process of designing a product for efficient production at the highest level of quality .
Design for Manufacturing, or DFM, is what?Design for Manufacturing (DFM) is the process of creating goods, parts, or components that are simple to manufacture with the aim of producing them more affordably. This is accomplished by streamlining, improving, and perfecting the product design. Sometimes DFM and the abbreviation DFMA (Design for Manufacturing and Assembly) are used interchangeably.
Even though questioning the initial design is an essential component of a full DFM, bringing stakeholders together early in the design process is easier if you're creating a new product. By copying an earlier design, errors in a design are all too frequently replicated. Examine each component of your design.
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People who have high self-esteem are more likely to succeed in achieving their personal goals because they?
People who have high self-esteem are more likely to achieve their personal goals because they are driven by the desire to see their dreams and goals achieved.
How important is it to develop self-esteem?Self-esteem corresponds to the appreciation of oneself, that is, it is the value that a person attributes to their physical, emotional and cognitive characteristics. When an individual has high self-esteem, he is more likely to face life and challenges with greater optimism, being more likely to develop strong relationships and preserve physical and mental health.
Therefore, self-esteem helps to direct the actions that are necessary to achieve personal goals and objectives, such as emotional intelligence, energy and persistence to deal with normal adversities of human life.
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If a cell containing =b$14 is copy and pasted three columns over and two rows down, what would the resultant cell reference become?
the resultant cell reference becomes E$14
In order for Microsoft Office Excel to locate the numbers or data that you want that formula to calculate, you may use a cell reference, which refers to a cell or a range of cells on a worksheet. A cell reference can be used in one or more calculations to refer to: Data that is spread over a worksheet's several sections. In Excel, a cell reference refers to another cell in order to access that cell's values or characteristics. In other words, we may use =A2 in cell A1 to utilize the value of cell A2 if we have data in some random cell A2 and wish to use it in cell A1. Therefore, it will duplicate the value of A2 in A1.
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The ______ form of managment holds that there are no universal management theories
The contingency approach is a form of management holds that there are no universal management theories.
Contingency approach to management tells that there is no single textbook rule to manage an organization or universal management theories.The contingency approach is also known as situational approach. In every business organization the best approach will be contingent upon internal and external needs of that organization.
Moreover, the Contingency Management theory tells that if leaders have good relationships with employees they will be able to exert more influence.
Contingency Management theory tells that organizations are open systems that need careful management to satisfy and balance internal needs and to adapt to environmental circumstances. Furthermore, there is no best way of organizing. The appropriate form depends on the task or environment within which the organization is operating. Therefore Contingency Management theory claims that there is no best way to organize a corporation, to lead a company, or to make decisions.
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During the vote for their leader, how do the boys view each of the following boys? what important leadership qualities do each of the three boys possess?
Leadership Qualities.- Integrity, Delegation, Communication, Self-Awareness
What is Leadership?
An individual, group, or organization's capacity to "lead," influence, or direct other people, teams, or entire organisations is referred to as leadership, both as a scientific field and as a practical talent. It's common to see "leadership" portrayed as a contentious term. Expert literature debates many points of view on the subject, occasionally contrasting Eastern and Western theories of leadership as well as (within the West) North American and European theories. Leadership is "a process of social influence in according to academic environments in the United in which a person might enlist the cooperation and support of others in the fulfilment of a common and ethical aim. Leadership is essentially defined as a powerful relationship in which the influence of one party (the "leader") encourages movement or change in others. Those who support the complex nature of leadership, which is present at all levels of institutions in both formal and informal roles, have contested the more conventional managerial views of leadership (which portray leadership as something that one individual possesses or owns due to their role or authority).
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Abc company reported net income of $50,000 and was required to pay preferred stock dividends of $10,000. net income available to common shareholders is:__________
Net income available to common shareholders is:$40,000
What is net income available to common shareholders ?
The net income available to common shareholders means the amount of earnings which of the company from the net income, which exclusively belong to the common shareholders from which common dividends and also retained earnings, since not all earnings belonging to common shareholders are paid as dividends, there is need to retain some and reinvest in the company.
The net income available to common shareholders is the net income of the company minus the preferred stock dividends
net income available to common shareholders=net income-preferred stock dividends
net income=$50,000
preferred stock dividends=$10,000
net income available to common shareholders=$50,000-$10,000
net income available to common shareholders=$40,000
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Committee chairs and leadership positions in each house of congress are based on?
To The longest-serving committee members from the majority and minority parties are chosen as the chair and ranking members, respectively. This practice of choosing committee chairmen by seniority is not exclusive, however.
Leadership Roles in each house of congress:
1)The House's speaker.
2)Minority Leader.
3)Majority Leader.
4)Party leaders.
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During the 1960s, u.s. firms created just over _____ of worldwide foreign direct investment and british firms were second accounting for just over 10 percent.
During the 1960s,US. firms created just over 65% of worldwide foreign direct investment and British firms were second accounting for just over 10 percent.
What is meant by foreign direct investment?Foreign direct investment (FDI) is known to be a type oof cross-border form of investment.
Note that it it one where an investor that is known to resident in one economy set up a lasting interest in and a vital extent of influence over a firm that is found in another economy.
Therefore, note that during the 1960s,US. firms created just over 65% of worldwide foreign direct investment and British firms were second accounting for just over 10 percent.
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Preferences of households can vary with time, prosperity, and context. the nuances in the preferences or needs of market subgroups are commonly referred to as:__________
Preferences of households can vary with time, prosperity, and context. the nuances in the preferences or needs of market subgroups are commonly referred to as "market segmentation"
What is Market Segmentation?
Market segmentation is a marketing technique that involves identifying certain customer groups in order to deliver particular goods or product lines to them in a way that appeals to their preferences. Market segmentation acknowledges that not all customers share the same preferences, means of consumption, or needs. Market segmentation is significant because it aims to make a company's marketing initiatives more strategic and focused, as opposed to broadly catering to all potential customers. A business can improve its chances of making sales and being more resource-efficient by creating specialised plans for certain items with target consumers in mind.
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A document prepared in the sales department of most firms for recording the description, quantity and related information for goods purchased by their customers is called a?
Sales order is the document prepared in the sales department of most firms for recording the description, quantity and related information for goods purchased by their customers .
What is Sales Order ?
A sales order is a legal document that authorizes the sale of the goods or services involved in a specific transaction. This is produced by the seller and presented to the consumer. The sale's specifics are listed in the document, including the quantity, quality, and cost of any products or services exchanged.
It must also include any additional details relevant to the conditions and logistics of the sale itself, including delivery date, delivery address, payment method, and so on. An internal document created and maintained by the vendor is a sales order. This enables business owners to monitor the orders they fulfill.
Manufacturers, merchants, distributors, and suppliers are the ones who use sales orders the most frequently.
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Contribution margin refers to the contribution made by each additional unit sold to ____.
After the business has achieved breakeven, the contribution margin demonstrates how much more money is made by producing each extra unit of the product. It calculates the "contribution" of each incremental sale to the overall profits of the business.
The selling price of one unit of products less the variable costs associated with producing that unit constitutes the contribution margin per unit. Each sale provides a certain amount to covering fixed costs, which is known as the contribution margin per unit. It will show how much profit is made per unit sold after the fixed costs are paid.
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What do economists consider a "leading indicator" of the health of the economy? question 1 options: the price of gas the stock market rent cost gdp
The GDP is the leading indicator that is used to ascertain the health of the nation.
What is the GDP?This is the term that is used to refer to the Gross Domestic Product of a particular nation. It is what is used to measure the overall size of the economy of a country.
The GDP is the total cost of the goods that have been produced in a particular nation in a period of time. Hence we can say that The GDP is the leading indicator that is used to ascertain the health of the nation.
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In a bank reconciliation, an outstanding check is? a. deducted from the bank balance. b. deducted from the book balance. c. added to the book balance.
The bank balance is reduced by an unpaid check.
A bank reconciliation is what?A bank reconciliation statement provides a summary of banking and business activity in order to compare an entity's bank account with its financial records.
The statement includes a list of all deposits, withdrawals, and other activity for a certain time period affecting a bank account. An effective financial internal control instrument used to fight fraud is a bank reconciliation statement.
What Issues Arise Frequently During Bank Reconciliations?
When reconciliations are infrequent, it might be challenging to resolve issues as they develop because the necessary data may not always be accessible. A mismatch might also happen when transactions are not immediately reported and when bank fees and penalties are in effect.
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On average, managers spend the least amount of time doing which managerial activity?
On average, managers spend the least amount of time doing the managerial activity is networking.
What is networking?
Networking is the technique of making connections with respect of the business environment. Managers very often get involved in developing relationships and making their own networks. They are accountable for monitoring and completing the given task in an effective way. So, they basically focus on many managerial activities like decision-making, planning things, communicating the required information, managing employees, etc.
Which managerial function is the most important?
The most important function of management is Planning. Planning means setting objectives in order to achieve , a goal in a limited time period .Several alternatives are formulated in order to achieve the goals.
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The dupont equation shows the relationships among asset management, debt management, and __________ ratios.
The Dupont Equation shows the relationships among asset management, debt management, and Liquidity ratios.
Liquidity ratios are a significant class of monetary measurements used to decide an indebted person's capacity to take care of current obligation commitments without raising outside capital.
Normal liquidity ratio incorporates the quick ratio, current ratio, and days deals extraordinary.
Liquidity is the capacity to change over assets into cash rapidly and inexpensively.
Assets Management is the act of expanding total wealth after some time by obtaining, keeping up with, and exchanging speculations that can fill in esteem.
Debt Management is a method for fixing your obligation through monetary preparation and planning.
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Josh is willing to pay $500 for a set of tire, but he is able to pay $300 at the local tire store. his consumer surplus is:________
a) $800.
b) $300.
c) $200.
d) $500.
Answer:
200
Explanation:
Individualism points toward limited government, faith in economic markets, and a strong emphasis on?
Individualism points toward limited government, faith in economic markets, and a strong emphasis on equality, faith in God, and the American dream.
A government is an organization thru which leaders exercise electricity to make and enforce legal guidelines. a government's primary capabilities are providing leadership, keeping order, supplying public offerings, presenting national security, supplying monetary protection, and supplying financial help.
Authorities, Political gadget by way of which a frame of human beings is administered and controlled. exclusive ranges of presidency normally have specific obligations. the extent closest to those governed is local government. nearby governments include a grouping of person groups.
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Morris lest, inc. purchased machinery for $10,000 cash. the effect of this transaction is to cause?
Morris Lest Inc.'s acquisition of machinery would result in the same level of total assets.
How will the assets fare?The acquisition of machines will boost total assets. For the production of products and services, equipment is a fixed asset that is necessary.
Cash is also an asset and using it to purchase items will reduce it. As a result, the total assets in this instance remained unchanged as one asset decreased and another increased by the same amount.
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A company using accrual accounting may report revenue on the income statement even if it does not collect cash. this statement is:______
A company using accrual accounting may report revenue on the income statement even if it does not collect cash.
The above statement is true.
Regardless of when money is received, accrual accounting mandates that revenue be recognized in the period in which the task is completed.
What is accrual accounting?
The financial accounting approach known as accrual accounting enables a corporation to record income before getting payment for the goods or services sold, or expenses can be recorded as incurred before being reimbursed. Accrual accounting is one of two accounting methods; the other is cash accounting.According to the matching principle, which is the foundation of accrual accounting, economic events are recorded when a transaction takes place rather than when a payment is sent or received. In order to provide a more realistic view of a company's present financial state, this strategy combines the current cash inflows and outflows with anticipated future cash inflows and outflows.To learn more about accrual accounting visit:https://brainly.com/question/28390610
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You have been offered providing proposal to an international manufacturing company which has:________
A business proposal letter is a letter that invites or suggests that two entities work together.
How to draft a letter of proposal for business
1. Make a corporate header
2. Clearly address the addressee
3. Include pertinent background details
4. Indicate the proposal's goal.
5. include a follow-up request
6. The letter should be properly closed.
7. Include any necessary supporting data.
What is a business proposal letter?
The partnership may take the form of contracts outlining the benefits it offers in exchange for the supply of goods or services. You can send a business proposal letter to potential customers to introduce your company and your offerings or as part of your response to a request for information about your business. An example of a business proposal letter is shown here:
to suggest a collaborationin order to offer marketing servicesrequesting sponsorshipto suggest an internal partnershipto offer a service or product that will solve a problemTo learn more about business proposal letter from the given link.
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Accounting is referred to as the language of business because it is the method of communicating business information to decision makers.
a. true
b. false
'Accounting is referred to as the language of business because it is the method of communicating business information to decision-makers.
This statement is True.
Accounting, also called bookkeeping, is the measurement, processing, and transmission of financial and non-financial information about economic entities such as businesses and enterprises.
Definition of Accounting is the process of systematically recording and maintaining financial accounts. Creating an income statement is an example of accounting. noun.
The process of systematically recording all company financial transactions. This includes analyzing, summarizing and reporting financial transactions to regulators, authorities and tax authorities. Accountants do the bookkeeping process for a company.
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The cost advantages that a firm obtains by increasing output, such as by spreading fixed costs over more units, are called economies of?
Cost advantages that arise for businesses that produce more because they can distribute fixed expenses over a greater number of units and utilize technology more effectively are referred to as: the benefits of scale.
What is Economies of scale?The cost advantages that businesses gain as a result of their size of operation are known as economies of scale in microeconomics. They are commonly quantified by the amount of output generated in a given amount of time. Scale can be increased when the cost per unit of output decreases. Technical, statistical, organizational, or other relevant variables to the level of market control may be at the core of economies of scale.
Economies of scale can be used to a wide range of organizational and commercial issues and at different levels, such as a production, facility, or an entire company.
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The skills a student learns while studying are transferable to many careers.
OA. True
OB.False
Transferable skills are the skills that a person can use and carry from one job to the next job. The skills a student learns while studying are transferable to many careers. This statement is TRUE.
What are Transferable skills?
Competencies that a person can utilize and carry from one profession to another are known as transferable skills. They consist of teamwork, organization, punctuality, flexibility, and communication skills.
An increasing number of organizations are looking for candidates with strong transferable skills to join their technical team. Candidates with transferable skills are quick and independent. Giving students the knowledge and skills that are applicable outside of the classroom will thereby position them for higher job success.
Candidates for any position should think about how valuable transferable skills are to their employers. These less tangible skills, which are inextricably linked to a profession, aid a candidate in demonstrating his level of education.
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Decisions about how to manage the policies and decision rules related to inventory levels are considered:______
Decisions about how to manage the policies and decision rules related to inventory levels are considered Infrastructural decisions.
Decisions about how to manage the policies of a company involves various dimensions. It covers all aspects of a companies’ activities, from production decisions, to recruitment processes, to financial decisions, and marketing strategies.
One categorization of these decisions rules are formulated in terms of structural decisions and infrastructural decisions. Structural decisions are the major decisions that shape the way particular operations are executed. These decisions concern facilities, technology, and integration.
Infrastructural decisions relate to the policies and decisions that concern the inventory levels. They may be concerned with quality management systems, production planning, and development of new services and processes.
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Zach company owns 45% of the voting stock of tomas corporation and uses the equity method in recording this investment. tomas corporation reported a $20,000 net loss. zach company's entry would include a
The correct answer would be option D.
Since the Zach Company holds a 45% stake in Tomas Corporation's voting stock, their books of accounts will record $9,000 (45% of $20,000) out of the current fiscal year's net loss of $20,000 as disclosed by Tomas Corporation.
The investment in the Zach Company which was recorded using the equity method, will decrease by $9,000 as an unfortunate result of the company's loss. Therefore, Zach Company will deposit $9,000 into Tomas Corporation's investing account. Now the entries in Zach Company's books of accounts would include a credit of $9,000 to the investment account.
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Zach Company owns 45% of the voting stock of Tomas Corporation and uses the equity method in recording this Investment Tomas Corporation reported a $20.000 net loss. Zach Company's entry would include a
a debit to the investment account for $9,000.
b. credit to cash for $9,000.
c. credit to a loss account for $9,000.
d credit to the investment account for $9,000.
The all-current-rate method dictated by the fasb no. 52 statement requires the translation of all balance sheet accounts at the ________ rate and all income statement items at the ________ rates.
The all-current-rate method dictated by the fasb no. 52 statement requires the translation of all balance sheet accounts at the closing rate and all income statement items at the average rates.
What is meant by current rate method?The majority of financial statement items are translated using the current exchange rate under the current rate method of foreign currency conversion.
When a company has operations abroad, it could be necessary to convert the foreign currency that is earned by such operations into the presentation currency, which is the currency that is used to prepare the firm's financial statements. The current rate technique is applied in circumstances where the subsidiary isn't well connected with the parent firm, and the local currency where the subsidiary works is the same as its functional currency.
The current rate technique is a widely used method of currency conversion that makes use of the current exchange rate on the market.
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All possible customers in a market, regardless of the differences in their specific needs, are known as a __________.
All possible customers in a market, regardless of the differences in their specific needs, are known as a mass market. It alludes to a market for products that are mass-produced for a sizable number of final buyers.
What is Niche market ?
The portion of the market that a particular product is targeted toward is known as a niche market. The product attributes that are meant to address certain market needs, as well as the price range, production standards, and target demographics, are all defined by the market niche. Additionally, it is a minor market sector.
In contrast to specialty markets, the mass market targets customers from a broad range of backgrounds who lack recognizable preferences and expectations in a sizable market sector.
Hence, the answer is Mass market.
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Which type of innovation is illustrated by toyota implementing lean production principles?
The type of innovation that is illustrated by Toyota implementing lean production principles is Process innovation.
What is process innovation?Process innovation refers to a type of innovation where a company implements better methods of production and service delivery to improve the quality of their products.
The lean production principles that Toyota has adopted are meant to make their cars of higher quality which means that Toyota is using lean production principles.
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Ricardo works in marketing for a soft drink company. His new outdoor advertising plan involves placing billboards for children near schools and playgrounds. Ricardo's goal is to increase the consumption of soft drinks by children ages 5-11. He knows that the drinks are not necessarily healthy for young children, but they can increase sales if they target this demographic.
Is Ricardo's marketing strategy ethical? (Ethical Principles: Integrity, Accountability, Transparency)
Why or Why Not
The marketing strategy that Ricardo has here is not one that can be regarded as an ethical one.
What is an ethical strategy?This is the term that is sued to refer to the strategy that is used to do business that would have to do with all of the strategies that has to do with doing things in the right ways while considering morality and social responsibility.
The reason why we can say that there is no ethical responsibility here is the fact that Ricardo is aware of what he is doing and the fact that it may have an adverse effect on people but he is still doing it because he wants to be able to drive his sales up.
Hence we can say that The marketing strategy that Ricardo has here is not one that can be regarded as an ethical one.
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