major airlines change hundreds of fares daily in response to competitor tactics, which is an example of using multiple choice scenario analysis. switching costs. competitive intelligence. corporate espionage.

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Answer 1

Major airlines change hundreds of fares daily in response to competitor's tactics, which is an example of using c) competitive intelligence.

Competitive intelligence (CI) or competitor intelligence is defined as the process through which a firm obtains and analyzes information about its industry, business environment, competitors, and goods in order to determine its future strategy.

Competitive intelligence is often regarded as a vital component of developing a successful competitive strategy, which will ultimately result in the creation of a distinct competitive edge in company.

In an increasingly competitive world, thorough research and market intelligence may often mean the difference between a thriving business and one that struggles to stay up with the competition. Competitive intelligence systems are utilized by both large and small firms to assist them gain an advantage.

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Correct question:

Major airlines change hundreds of fares daily in response to competitor's tactics, which is an example of using what?

a) scenario analysis.

b) switching costs.

c) competitive intelligence.

d) corporate espionage.


Related Questions

mrs. stone bought some peaches at $1.49 per pound and some blueberries at $1.99 per pound to use in a fruit salad she is making for a family reunion picnic. she paid $20.38 for a total of 12 pounds of the two kinds of fruit. how many pounds of peaches did she buy?

Answers

By making and solving the equations, we know that Mrs. Stune purchased 7.2 pounds of peaches.

What are equations?

Algebraically speaking, an equation is a statement that shows the equality of two mathematical expressions.

For instance, the two equations 3x + 5 and 14, which are separated by the 'equal' sign, make up the equation 3x + 5 = 14.

So, for a fruit salad, Mrs. Aiken purchased some peaches at $1.49 per pound and some blueberries at $1.99 per pound.

1.49p + 1.99b = 20.38

12 pounds in a total of the two fruit varieties:

p + b = 12

Now, solve the equation as follows:

1.49p + 1.99b = 20.38

p + b = 12

p = 12 - b

Replace p with the value in equation 1:

1.49(12 - b) + 1.99 = 20.38

17.98 - 1.49b + 1.99b = 20.38

0.5b = 20.38 - 17.98

0.5b = 2.4

b = 2.4/0.5

b = 4.8

See equation 2 for the value of b:

p + b = 12

p = 12 - b

p = 12 - 4.8

p = 7.2

Therefore, by making and solving the equations, we know that Mrs. Stune purchased 7.2 pounds of peaches.

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one of the contributions of the treadway commission report and the work of the committee of sponsoring organizations (coso) was group of answer choices to establish a voluntary process for peer review. to identify red flags that might lead to fraud. to provide a framework for internal control. to establish peer review requirements for cpas.

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One of the contributions of the treadway commission report and the work of the committee of sponsoring organizations (coso) was to provide a framework for internal control.

What is committee of sponsoring organizations (coso)?

Committee of Sponsoring Organizations (COSO) is an American private-sector initiative that provides guidance on enterprise risk management (ERM), internal control, and fraud deterrence. COSO was formed in 1985 by five organizations: the American Institute of Certified Public Accountants, the American Accounting Association, Financial Executives International, The Institute of Internal Auditors, and the Institute of Management Accountants. COSO's purpose is to help organizations design, implement, and monitor internal control systems that will meet the needs of their stakeholders and help them achieve their objectives.

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since opening almost 30 years ago, abigail's restaurant has always closed on christmas day. this year, the new owner of the restaurant is considering opening on christmas. the restaurant would not be violating any local or state laws in remaining open. in considering the decision, the stakeholders who would be most affected by the decision to remain open are the : blank .

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In considering the decision to remain open on Christmas Day, the stakeholders who would be most affected by the decision are the employees.

The employees of Abigail's restaurant would be the most affected stakeholders by the decision to remain open on Christmas Day. This could impact their personal plans and potentially their pay, as they may be required to work on a holiday. For those who celebrate Christmas, this could mean missing time with their families and friends. For those who do not celebrate Christmas, working on the holiday could still disrupt their normal schedules.

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herman is covered by a cafeteria plan by his employer. his adjusted gross income (agi) is $100,000. he paid unreimbursed medical premiums in the amount of $10,500 and he itemizes deductions. what amount will herman be able to deduct for his medical insurance premium expenses?

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The amount will Herman be able to deduct for his medical insurance premium expenses is $3000

What is medical insurance premium?The sum you pay the insurance company to obtain health coverage is known as the health insurance premium. If you purchased a one-year health insurance plan, the premium is payable yearly. If you have a two- or three-year plan, you must pay the premium in full for the chosen policy length.With the right insurance coverage, you can receive the highest quality medical care without worrying about the astronomical payments that will be due after you are discharged. As a result, understanding the claim process is a crucial fact that the insured person should be aware of at all times.

Adjusted Gross Income= $100,000

Unreimbursed medical premium= $10,500

Amount deductable for his medical insurance premium should be equal to 7.5% of the AGI.

7.5% of AGI

7.5/100*$100,000

0.075*100,000

=$7,500 medical insurance expenses

Total medical insurance premium deductible is

$10,500-$7,500

=$3000

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the purpose of marketing theory is to generalize relationships between concepts in a way that is applicable to a wide variety of business and often other settings. group startstrue or falsetrue, unselectedfalse, unselected

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The given statement, "The purpose of marketing theory is to generalize relationships between concepts in a way that is applicable to a wide variety of business and often other settings." is true because a small firm will be able to make more sensible business decisions if you understand certain fundamental marketing concepts.

A business's best assumptions about what to do with the market data and information it creates nevertheless play a role in marketing, even if it is more of a science than its more creative rivals, advertising, public relations, and promotions.

Data gathering and analysis in marketing is done to assist businesses in making sales. This data aids in the development of new goods or the modification of current ones, the setting of prices, the selection of distribution methods, and the development of a company's brand or image. Customer demographics, sales figures, competition information, and industry statistics are just a few of the data sources used by businesses for marketing.

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in a market-driven planning approach, market research occurs at what two points in the process?

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In a market-driven planning approach, market research occurs when there is need of assess n pretest in the process.

Market research, also recognised as "marketing research," is the method of determining the feasibility of a new service or product through direct customer research.

Market research enables a company to identify its target market and obtain opinions or other feedback from clients regarding their interest in a product or service.

This type of study can be carried out in-house, by the corporation itself, or by a 3rd market research firm. Surveys, testing of the product, and focus groups can all be used to accomplish this.

Typically, test subjects are recompensed with product samples or a monthly allowance for their time. Market research is an essential component of a new product or service's research and development (R&D).

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in order to get the most out of its training budget, lako systems wants to determine which employees require training and which do not. they should perform a(n) analysis to gather this information.

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Lako Systems should perform a Needs Analysis to gather information about which employees require training and which do not.

To determine which employees require training and which do not, Lako Systems should perform a training needs analysis. This analysis can be done through various methods such as surveys, interviews, assessments, and job analysis. The goal of this analysis is to gather information on the current skills, knowledge, and abilities of the employees, and compare them to the required skills and knowledge for their job. This information can then be used to identify gaps in the employees' skills and knowledge, and help prioritize and plan the training budget effectively. A Needs Analysis is a systematic process of gathering and analyzing data to determine if a training solution is needed to address a specific performance gap or problem. The analysis helps determine the current skills, knowledge and performance levels of employees, and identifies areas where additional training may be needed to improve performance.

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raul overheard one of his co-workers in a phone conversation say, thank you for taking my call so quickly. i'd like to order number 1284h, the all-american ashlee simpson lip-synching doll. can i use the easy pay plan? the co-worker was in which stage in the consumer purchase decision process?

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The co-worker was in the Purchase stage of the Consumer Purchase Decision Process.

What is Consumer Purchase Decision Process?

The Consumer Purchase Decision Process is a five-step model that describes the steps a consumer goes through when making a purchase decision. The steps are:

Problem recognition: The consumer recognises a need or want that they have.Information search: The consumer actively seeks information to satisfy their need or want.Evaluation of alternatives: The consumer evaluates the options available to them in terms of their attributes, benefits, and costs.Purchase decision: The consumer makes a decision to purchase a product or service.Post-purchase evaluation: The consumer assesses the overall satisfaction with their purchase and may form an opinion on the product or brand that can influence future purchase decisions.

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at the beginning of the year (january 1), wild horses drilling has $12,000 of common stock outstanding and retained earnings of $6,500. during the year, wild horses reports net income of $6,800 and pays dividends of $1,500. in addition, wild horses issues additional common stock for $6,300. required: prepare the statement of stockholders' equity at the end of the year (december 31).

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End of the year Balance   $18,900                    $12,400             $31300

What is  Statement of stockholders' equity?

    Statement of stockholders' equity

                             at the end of the year (December 31)

                                    Common Stock        Retained Earning       Total

Opening Balance              $12,000                       $7,100               $19,100

Income for the year                                                $7400              $7400

Dividend Paid                                                        ($2,100)             ($2,100)

Common stock issuance   $6,900                                               $6900  

End of the year Balance    $18,900                    $12,400             $31300

The statement of shareholders' equity is a financial document a company issues as part of its balance sheet. It highlights the changes in value to stockholders' or shareholders' equity, or ownership interest in a company, from the beginning of a given accounting period to the end of that periodFour components that are included in the shareholders' equity calculation are outstanding shares, additional paid-in capital, retained earnings, and treasury stock. If shareholders' equity is positive, a company has enough assets to pay its liabilities; if it's negative, a company's liabilities surpass its assets.

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popson incorporated incurred a material loss that was unusual in character. this loss should be reported as a: multiple choice discontinued operation. line item in the retained earnings statement. line item within income from continuing operations. line item between income from continuing operations and income from discontinued operations. prevquestion 6 of 12 total6 of 12visit question mapnext

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Popson incorporated incurred a material loss which was unusual in character. This loss should be reported as a A: discontinued operation.

A material loss that is unusual in character and meets certain criteria should be reported as a discontinued operation. This refers to a component of an entity that has either been sold or is classified as held for sale, and that represents a significant shift in the nature or focus of the entity's operations. Discontinued operations are reported separately from income from continuing operations on the income statement, and are often accompanied by disclosure notes that provide additional information about the nature and financial impact of the discontinued operation.

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A 50-cent-per-pack tax on cigarettes will reduce smoking by teenagers by 12 percent. This represents

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positive assessment.It is a proclamation of good.Given that it expresses an cause and effect relationship, it is a positive statement.

What does the% stand for?

The% is a relative number that is used to represent hundredths of the any quantity.Since one percent (1%) equals one tenth about something, 100 percent denotes the entire amount, and 200 percent denotes twice the amount mentioned.

What do the formula symbols mean?

A a one or two-letter identifier of an element is known as a chemical symbol.The chemical symbols O for oxygen, Zn or zinc, and Fe fer iron are a few examples.A symbol's first letter is usually capitalized.The second letter of a symbol that has two letters is lowercase.

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an issue-specific security policy focuses on issues relevant to every aspect of an organization. true false

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This statement is True. An issue-specific security policy is a document that outlines specific policies and procedures related to a single security issue or event. It is designed to address a specific security issue or risk that may affect an organization.

These policies are usually created based on an examination of the current security situation and the potential risks associated with it. A comprehensive security policy document can address many different issues, but an issue-specific policy narrows the focus to one issue and outlines the specific procedures and controls that should be in place to protect the organization from that particular issue.

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What happens to demand when consumer income increases?

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For the vast majority of items, referred to as typical goods, demand will rise as consumer earnings rise, and vice versa. As earnings grow, the demand curve for goods like cars, boats, and restaurant meals will shift to the right.

What changes in demand occur when consumer income increases?

The income effect explains how variations in income affect consumer demand for goods and services. People will typically begin to demand more things as their income rises. Similar to this, declining income causes declining demand.

What transpires as consumer income rises?

The income impact explains how a shift in a consumer's ability to buy goods alters their demand for those goods. More levels of purchasing power typically result in higher demand and a greater need for high-quality products.

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organizations try to be socially responsible to their local communities, in part, to minimize their negative impact on communities. group of answer choices true false

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True, organizations try to be socially responsible to their local communities, in part, to minimize their negative impact on communities.

Being socially responsible means that an organization considers the impact of its actions on society and the environment, and takes steps to minimize negative effects. This can include things like reducing waste and emissions, supporting local communities through charitable giving, and ensuring that working conditions are safe and fair for employees. By being socially responsible, an organization can improve its reputation and relationships with stakeholders, which can lead to increased long-term success. Being socially responsible is a key aspect of corporate social responsibility (CSR), which refers to the ethical and responsible behavior of a company in its interactions with stakeholders, including employees, customers, suppliers, shareholders, and the wider community. CSR involves taking into account the social and environmental impact of a company's operations and making conscious decisions to minimize negative effects and maximize positive impact. One of the ways that organizations can be socially responsible to their local communities is by reducing their environmental footprint. This can include reducing waste, conserving energy and water, and reducing greenhouse gas emissions. By doing so, organizations can help to preserve the natural resources of the planet for future generations and reduce the impact of their operations on the local environment.

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organizations face three kinds of specific buying situations. they are new buy, straight rebuy, and modified rebuy. collectively, these situations are called:

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There are three different business categories of buying circumstances: the direct rebuy, the modified rebuy, and the new task. The straight rebuy scenario is the simplest:

The business just orders the same product or service again. The straight rebuy, the modified rebuy, and the new task are examples of common buying scenarios. The straight rebuy scenario is the simplest: the company simply orders the same product or service again. When brand distinctions are minimal and consumer involvement is limited, habitual purchasing behaviour develops. In this circumstance, customers frequently choose a brand because they are familiar to it rather than because they have a strong opinion about it.

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T/F the philosophy of utilitarianism is used to explain why restaurants

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The goal of utilitarianism is to produce both winners and losers. Restaurants, theaters, and hotels should make themselves disability accessible, according to utilitarian philosophy. The rights to life, freedom, and the pursuit of happiness are all examples of human rights.

What is utilitarianism ?

A variation of consequentialism known as utilitarianism holds that the only criteria for determining what is right and bad are the results of any action.

Utilitarianism takes into account the interests of all sentient creatures equally, in contrast to other varieties of consequentialism like egoism and altruism.

On a number of matters, including whether decisions should be made based on the anticipated outcomes of acts (act utilitarianism) and whether agents should follow guidelines that maximize utility, utilitarians have disagreed (rule utilitarianism).

There is controversy over whether the utility of those who are least fortunate or average utility (total utilitarianism) should be prioritized.

Despite the fact that the hedonists Aristippus and Epicurus, who believed that enjoyment was the only thing that mattered.

Hence, The goal of utilitarianism is to produce both winners and losers. Restaurants, theaters, and hotels should make themselves disability accessible, according to utilitarian philosophy.

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Which type of tax is paid to support transfer payments and other programs of the u.s. government

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Federal income tax: An income tax is a type of tax that the federal government levies on people and corporations based on their earnings.

What kind of tax is paid to the government directly? Federal income tax: An income tax is a type of tax that the federal government levies on people and corporations based on their earnings.Defense, foreign policy, law enforcement, and debt interest are just a few of the government initiatives that are funded in part by the federal income tax.Taxes that are paid directly to the government by the taxpayer are known as direct taxes.A progressive tax is one that levies an income tax that is higher for high-income groups than for low-income ones.An equal percentage of revenue from each income category is taken as a tax under a proportional system.Regressive taxes—Taxes that take a bigger percentage of low-income groups' income than high-income groups—are those that are imposed.

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Explain one reason why many businesses have a human resource functional area.

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Answer:

One reason why the human resource department is important is because they look after the recruitment needs of the company. Employee recruitment, which includes interviewing and selecting new hires, is typically the responsibility of the human resources department.

Explanation:

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Markets, viewed from the perspective of the supply and demand model:A. assume many buyers and many sellers of a standardized product.B. assume market power so that buyers and sellers bargain with one another.C. do not exist in the real-world economy.D. are approximated by markets in which a single seller determines price.

Answers

Markets, viewed from the viewpoint of the provide and demand model: count on many shoppers and many agents of a standardized product. The law of demand states that, different matters equal: charge and extent demanded are inversely related.

What assumption does the supply and demand mannequin make about anyone in a market?

Answer and Explanation: The supply and demand mannequin assumes that the markets are aggressive which means that there are wide variety of buyere who demand the goods and also the range of sellers who provide the good.

The law of supply and demand combines two quintessential financial principles describing how changes in the charge of a resource, commodity, or product have an effect on its supply and demand. As the charge increases, grant rises while demand declines. Conversely, as the price drops grant constricts while demand grows.

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which one of the following is the best example of systematic risk? group of answer choices the federal reserve increases interest rates people become diet conscious and avoid fast food restaurants airline pilots go on strike the price of lumber declines sharply a hurricane hits a tourist destination

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One example of systematic risk is "the federal reserve increases interest rates." Systematic risk is the term for elements that impact the entire market and cannot be eliminated through portfolio diversification. It is also referred to as market risk or non-diversifiable risk.

When the Federal Reserve increases interest rates, individuals and corporations must pay more to borrow money. This may result in decreased expenditure, slower economic expansion, and recession. As a result, it can have an impact on the value of financial assets generally as well as the stock market.

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what value would be returned on the formula in cell d49?

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It should be noted that the value that would be returned would be 1. This is based on the information provided.

Simply being able to count the cells that would fit certain criteria is the goal of a COUNTIFS function. The number of times the criteria are satisfied in this situation would be the value that is returned.

=COUNTIFS is the function (range1, criteria1, range2, criteria2, . . . )

The first range and its criteria, the second range, etc. will therefore be evaluated. As a result, since the criteria are satisfied just once, the value returned would be 1.

The only objective of a COUNTIFS function is to count the number of cells that would match a given set of criteria. The value returned in this case would depend on how frequently the criteria are met.

The function has the name =COUNTIFS (range1, criteria1, range2, criteria2, . . . )

As a result, it will evaluate the first range and its requirements, the second range, etc. The value returned would be 1, since the criteria are only matched once.

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suppose you can buy 885 shares of vertex pharmaceuticals incorporated (vrtx) stock on margin at $159 per share. your initial margin is 54% and you borrow at the 9 percent. you sell your vrtx shares 4 months later for $180 per share. there were no dividends paid and the prices reflect commissions paid. what is your percent return if you buy on margin?

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The percent return if you buy VRTX stock on margin is 26.8%.

What was your return percentage if you buy on margin?To calculate the percent return on a margin trade, you need to consider the total amount borrowed, the interest paid on the loan, and the net profit from the trade.The initial investment is 885 * $159 = $140,915The amount borrowed is $140,915 * 54% = $76,000The interest paid on the loan after 4 months at 9% per year is $76,000 * (9/12 * 4) = $2,160The net profit from the trade is 885 * ($180 - $159) = $19,865The total return is ($19,865 + $76,000 - $2,160) / $76,000 = 26.8%Therefore, the percent return if you buy VRTX stock on margin is 26.8%.

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A $1000 face value coupon bond with a $60 coupon payment every year has a coupon rate of
A. 0.6 percent.
B. 5 percent.
C. 6 percent.
D. 10 percent.

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C. 6 percent, $Coupon\ Rate = \frac{Coupon\ Payment}{Face\ Value}$

$Coupon\ Payment = $60, $Face\ Value = $1000, So, $Coupon\ Rate = \frac{60}{1000} = 0.06 = 6%$ Therefore, the coupon rate is 6 percent.

What is the relationship between coupon rate and yield to maturity?

The coupon rate and yield to maturity are related but not the same thing. The coupon rate represents the fixed annual income received from a bond, while the yield to maturity takes into account the current market price of the bond and any capital gain or loss from holding the bond until maturity.

How does a change in interest rates affect the coupon rate?

A change in interest rates can have a significant impact on the coupon rate of a bond. When interest rates rise, the value of existing bonds with lower coupon rates tends to fall, and the coupon rate on new bonds issued tends to increase. Conversely, when interest rates fall, the value of existing bonds with higher coupon rates tends to rise, and the coupon rate on new bonds issued tends to decrease.

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what is the advantage of defining the decision variables as is done in this model rather than stating the amount to be invested and expressing the decision variables directly in dollar amounts?

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Decision variables are elements of your model that you have influence over, like the rent rate or the amount to put into a mutual fund.

Decision variables are necessary for OptQuest models but not for Crystal Ball models. To answer the problem, the program is attempting to determine these quantities. Decision variables are elements that affect revenue or expenses, such as the quantity of a product produced or the quantity shipped from one location to another.

An unknown in an optimization problem is a choice variable. It has a domain, which is a condensed representation of the entire set of the variable's potential values. Types of decision variable are references.

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a for-profit business exists to maximize profits for owners. in contrast, what type of business uses its profits to provide a public service?

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A 'for-profit business' exists to maximize profits for owners. Whereas, a non-profit business uses its profits to provide a public service

Non-profit organizations are typically established with the aim of serving a specific social cause or community need, rather than generating profits for owners or shareholders. Examples of non-profit organizations include charities, educational institutions, and religious organizations.

The profits generated by non-profit organizations are used to further their mission and provide services to the community, rather than being distributed as dividends to owners.

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What is a determination arrived at after consideration?

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Determination is an upbeat emotional state that involves overcoming obstacles in order to accomplish a difficult goal. Prior to achieving a goal, resolve serves to motivate behaviors that will further that objective.

What is determination?

Determination is an optimistic emotional state that entails pushing through challenges to achieve a challenging objective.

Prior to reaching a goal, determination serves to inspire actions that will advance that aim.

According to empirical studies, people see willpower as an emotion; in other words, willpower is not merely a cognitive state but also an affective state.

The relative paucity of research on determination compared to other positive emotions may be explained in part by the fact that researchers have investigated determination under different titles in the psychological literature, such as challenge and anticipatory eagerness.

Negative emotions and the behavioral tendencies they promote are the main subjects of emotion research in psychology.

Therefore, a determination is an upbeat emotional state that involves overcoming obstacles in order to accomplish a difficult goal. Prior to achieving a goal, resolve serves to motivate behaviors that will further that objective.

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which role in the buying process controls the flow of information, sometimes limiting the alternatives considered?

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In the buying process, the role that often controls the flow of information and sometimes limits the alternatives considered is the gatekeeper.

A gatekeeper is a person who controls access to information, people, or resources. In the context of the buying process, gatekeepers play a crucial role in filtering and controlling the flow of information between the buying organization and the market. They may limit the alternatives considered by screening and filtering the information that reaches the decision-makers, based on their own biases, preferences, or organizational policies.

For example, a gatekeeper in a large corporation may limit the information received from potential suppliers by only allowing information from suppliers that have been pre-approved by the company. This could limit the alternatives considered and prevent the decision-makers from learning about new, innovative products or services that could meet their needs better.

Gatekeepers can also play a role in shaping the buying process by influencing the information that reaches the decision-makers. For example, a gatekeeper who is biased towards a particular supplier or product may only provide information that supports their preferred alternative, while suppressing information that could cast it in a negative light. This could lead the decision-makers to make an uninformed or suboptimal choice.

In conclusion, gatekeepers play a crucial role in the buying process by controlling the flow of information. However, their influence can sometimes limit the alternatives considered and lead to suboptimal decisions. It's important for buyers to be aware of the potential biases and limitations of gatekeepers and seek out additional information as needed to ensure they make informed, well-rounded decisions.

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Which of the following is not a part of promotional mix?
A Direct selling
B Sales prmotion
C Advertising
D None of the above

Answers

None of the aforementioned options, as promotional mix refers to the combination of different promotional tactics used by the company to develop, sustain, and raise demand for goods and services.

What are the four different kinds of promotion mix?

Businesses use the promotion mix, which consists of four more elements, to accomplish their marketing objectives. The components are public relations, personal selling, advertising, and sales promotion. The essential marketing mix that a company needs in order to market a good or service is made up of the seven Ps.

Of the following, which is a component of a promotional mix?

A promotional mix combines marketing tactics including direct marketing, sales, public relations, and advertising to achieve a certain marketing goal.

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If a comparison between average cost and price reveals whether a firm is earning profits, then a comparison between average variable cost and price reveals _____.

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If a comparison of average expense and price reveals that a firm is profitable, a comparison of firm's variable cost and cost reveals if the firm is profitable if real costs are excluded from the calculation.

What is the distinction between average variable and variable cost?

Total variable costs also include expenditures for a product cycle, whereas average variable costs show the amount that these variable costs sum for each tool that benefits.

How do you differentiate between variable repaired and semi-variable costs?

A fixed cost is one that does not change based of the output of the production process. A variable cost, on the other hand, is one that is determined solely by the output level. A semi-variable cost thus combines this same features of a set rate and an indirect cost.

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51. an appraiser must be licensed or certified to handle federally related work on residential property valued at more than:

Answers

To handle federally linked work on residential property valued at more than $250,000, an appraiser must be licensed or accredited.

Can I get a mortgage in California without a home appraisal?

This can be confusing because first-time home purchasers commonly ask about it. The quick response is that a thorough evaluation conducted by a certified appraiser is typically required in California for mortgage financing.

Using comparable homes, buildings, properties, public records, legal descriptions, and tax information, appraisers can assess the value of a property after performing a thorough study. They evaluate the collected data in order to ascertain the property's present value and potential future value.

You and your employer will meet to discuss your performance at work at meetings referred to as appraisals. Even though it is not legally compulsory, the majority of employers have a yearly or biannual review process.

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